Topic: The Good, the Bad and the Ugly
Time: October 22, 2020 10:00 am Eastern Standard Time
I intend to present data on various macro-economic, commercial real estate and commercial real estate finance conditions that have been impacted by COVID-19. Some of the variables have held up well, while others represent an emerging risk to the economic recovery. The intent is to provide a data-rich discussion on various economic and commercial real estate conditions.
- How is this downturn different compared to other recessions?
- Is the economy recoverying?
- Are financial conditions hindering the recovery?
- How is commercial real estate faring?
- What will be some of the longer term impacts on commercial real estate
The Federal Reserve Bank of Atlanta, is one of the 12 regional Reserve Banks within the Federal Reserve System.
Brian Bailey - Subject Matter Expert, Commercial Real Estate
Brian D. Bailey, CCIM, CRE - Subject Matter Expert, Commercial Real Estate
Brian Bailey is a Subject Matter Expert in the Supervision, Regulation, & Credit Division of the Federal Reserve Bank of Atlanta. He is responsible for providing thought leadership and monitoring emerging trends in commercial real estate. He provides guidance on CRE industry dynamics, valuation, operation and finance issues. Brian has been actively involved as a lead Wholesale reviewer in the annual stress test and capital review (CCAR & HCR) conducted on the nation’s largest financial institutions. Brian has been requested to share his thoughts on commercial real estate at hundreds of venues including the Federal Reserve System, multiple U.S. Federal Agencies, many universities such as the Wharton School, industry conferences, and syndicated radio.
Brian has extensive experience, spanning both the public and private sectors, with commercial real estate valuation, transaction, development, and financial issues. Prior to joining the Federal Reserve Bank of Atlanta, Brian spent 15 years in various real estate industry positions. He was employed by the private equity firm Tavistock Group to oversee real estate finance and acquisitions. Before joining Tavistock, Brian was the Director of Real Estate Finance for Flagler Development Group, Florida’s largest commercial real estate developer. Brian’s experience includes working for EY (Ernst & Young), where he was an executive. Prior to joining E&Y, Brian founded and operated an industrial development company that specialized in the acquisition, development, and refurbishment of industrial properties. Prior to that, Brian got his start in commercial real estate as a local market appraiser.
After receiving a Bachelor of Arts in Business Administration from Mercer University, Brian earned an MBA degree with concentrations in Real Estate and Finance from the University of Florida. He also attained the CCIM & CRE designations.