Bergstrom Center Articles: page 1

Bergstrom Market Perspective – Member Survey Results

Thank you for responding to our survey last quarter. Each quarter we hope to collect our members’ views on the current market conditions. Most interesting will be the trends that reveal themselves over time. The next survey will arrive in a week or so, giving us the first two points in the market view as our members see it. Please help make this meaningful with your input. In addition to the categorical responses to specific questions, many of you offered

Just a Thought – Office Market

Tuesday, September 29th was the date of the first virtual “State of the Sector” Roundtable of the Bergstrom Real Estate Center Advisory Board. It was also my first opportunity to attend this meeting, virtual or in-person. Moderator, Steve Cohen, elicited valuable market and sector comments from a long list of participants, and he guided an interesting discussion about the coming year’s real estate performance. I am very happy to have had the opportunity to join the group and look forward

Taking the real estate industry by storm

If Florida State University had an engineering school at the time Frederic “Rick” Scarola was a student there, his story could have ended up very different. Luckily for the West Palm Beach-native, FSU’s engineering school wouldn’t open until the year he would ultimately graduate from the University of Florida, changing the Seminole to a Gator forever. While Scarola (BSBA ’82) did start out studying engineering after transferring to UF, another subject would catch his eye. At the time, students in

Initial Impact of COVID-19 on Florida Commercial Real Estate Operations

This is a chart analysis using the same data from the previous COVID-19 paper1 to focus specifically on the state of Florida and further focus on selected metropolitan areas. We should expect that as the samples get smaller, the results will become more volatile. However, the consistency of pattern confirms our initial interpretations. If we take the Survey Collection results at the national level and assume a similar result for Florida, we might anticipate that the NOI for the third

Meet Bill Hughes, leader of UF Warrington’s new Applied Real Estate Research Initiative

The University of Florida Warrington College of Business recently announced the creation of a preeminent resource for the real estate industry, the Applied Real Estate Research Initiative, housed in the Bergstrom Real Estate Center. Tapped to lead the Applied Real Estate Research Initiative is real estate expert Bill Hughes. As Executive Director of Applied Research, Hughes will lead the effort in delivering data-driven reports for the real estate community. Most recently, Hughes served for 15 years as Global Head of

Initial Impact of COVID-19 on Commercial Real Estate Operations

It has been eight months since we learned about this virus and five months since the world started collectively reacting to it. In terms of real estate investment, this is a very short time. Five months is also too short to measure, collect and analyze the entire impact of any event on real estate operations. However, initial measures reveal that the impact is significant. Initial estimates of second quarter US GDP suggest that the economy operated at a level 9.5%

Status of Bergstrom Real Estate Center Applied Research Initiative

Most people are aware of Kelley Bergstrom’s significant new gift in support of an applied research program at the Bergstrom Center. Kelley’s vision for the center has always included a research component that would leverage the research capabilities of the university and provide valuable insights to the practitioners in the state. Our first step in this development was bringing Bill on board to lead the effort. Bill’s early impression of the Center is one of great appreciation for the support

Announcing the Applied Real Estate Research Initiative of the UF Bergstrom Real Estate Center

The University of Florida Warrington College of Business is proud to announce the creation of a preeminent resource for the real estate industry, the Applied Real Estate Research Initiative. Housed in the UF Bergstrom Real Estate Center, the Applied Real Estate Research Initiative will bring together the University of Florida’s immense research capabilities in real estate related fields like urban planning, law, building construction and other areas that will position UF as the state and nation’s authoritative university-based source for

How persistence and grit helped this real estate student land an internship during the COVID-19 pandemic

“If at first you don’t succeed, try and try again.” Just a few months ago, in February, I had the fortune of choosing between two great internship offers – one from an industry leader in real estate market data, and the other from one of the largest real estate services company in the world. The initial recruitment cycle was a whirlwind to say the least, but I was lucky enough to have Business Career Services Associate Director and Career Coach

Excel modeling course created by UF Real Estate alumni lands two universities during pandemic downtime

In the fall of 2019, then-Nathan S. Collier Master of Science in Real Estate (MSRE) students Mike Harris (BABA ‘19, MSRE ‘20), Connor Kreis (BSBA’19, MSRE ‘20) and James Barrios (BSBA ’19, MSRE ‘20) noticed that there was a lack of basic excel training programs at many universities. As problem-solving and innovative students, they decided to take matters into their own hands and create their own training program. That same semester, the three students launched a new real estate Excel