As real estate markets face a potential global downturn, the role of portfolio manager becomes even more critical in navigating troubled waters. Loretta Clodfelter, senior editor of Institutional Real Estate Americas, recently asked a group of portfolio managers to discuss what they are watching for in the current environment. The comments touched on everything from high interest rates to valuation challenges, and from new technology to environmental, social and governance risks.
The participants were Kim Adamek, managing director, co-head of portfolio and asset management, Madison International Realty; Larry Braithwaite, managing director and portfolio manager, ASB Real Estate Investments; Joey Lansing, global head of portfolio management and strategy, Harrison Street; Shawn Lese, CIO and head of funds management, Americas, Nuveen Real Estate; Soultana Reigle, managing director and