PREA Quarterly – Fall 2023

The PREA Quarterly can be accessed using either an online responsive design that is easier to read on mobile devices or by PDF.  Click on View Complete Issue or the individual article title below to access the online version or PDF to access individual PDF's of each article.

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Multifamily Property Expenses Rising Rapidly, Led by Insurance (Online Readable Version)
> PDF 
Paul Fiorilla, Yardi Matrix

The Capital Stack for Multifamily Development (Online Readable Version)
> PDF 
Tom McCahill and Joe Chickey, Forum Capital Advisors LLC

Demographics: A Key Driver of Housing Demand (Online Readable Version)
> PDF 
Bryan Lawrence, John Burns Research and Consulting

Who Blinks First? The Expectations Gap Between Buyers and Sellers (Online Readable Version)
> PDF 
Jim Costello, Alexis Maltin, Bryan Reid, and Willem Vlaming, MSCI Real Assets Research

Point of View 

Academics Question the Value of Private Real Estate Funds: What’s An Investor to Do? (Online Readable Version)
> PDF 
William Maher and Taylor Mammen, RCLCO Fund Advisors


Chair's Report (Online Readable Version)
> PDF 
Manuel Casanga, New York State Common Fund

Research Insights
Increasing Insurance Costs for Multifamily Vary by Location, Asset Type, and Affordability (Online Readable Version)
> PDF 
Greg MacKinnon, PREA

Debt Markets
CRE Debt Market: “Survive Until ’25” Emerges as a Theme Among Lenders Facing Dual Threats of High Rates and Maturities 
(Online Readable Version)
> PDF 
Kevin Fagan, Moody’s Analytics

Real Estate Securities 
Public and Private Real Estate: Divergence, Resurgence, and Convergence 
(Online Readable Version)
> PDF 
Edward F. Pierzak, Nareit 

Global Markets
Global Capital Flows Are Slowing 
(Online Readable Version)
> PDF 
Aaron Jodka, Colliers

Regulatory Update
What Do the SEC’s New Private Fund Rules Mean for Real Estate Fund Managers? 
(Online Readable Version)
> PDF 
James Alford, Adam Kanter, and Elizabeth McClain, Mayer Brown LLP

A Capital Markets Conversation: What Is EMEA Thinking?
 (Online Readable Version)
> PDF 
Matt Hersey, Barbara Maltha, Jonathan Read, Rima Batal, Hodes Weill & Associates

Data Centers Are Here to Stay: Technological Innovation Serves As a Tailwind for the Current Thriving Sector
 (Online Readable Version)
> PDF 
Casey Miller, Principal Real Estate

2023 Toigo Fellows
> PDF 

> PDF 

PREA Foundation 
> PDF 

New Members 
> PDF 



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