CREW San Diego members at the CREW Network Convention in October. | Courtesy Toni McMahon

Editor’s Note: The Unexpected May Happen – January 2019

Carrie Rossenfeld Editor's Note

From SoCal Real Estate’s January 2019 issue:

In an industry that’s largely dominated by men, I’ve been seeing quite a lot of women taking charge lately. For example, I attended the Commercial Real Estate Women (CREW) Network Convention in San Diego in October, where 1,200 hundred women, CREW members from across the globe — and across the pond — gathered for the three-day event to share their experiences, network, and do what people do at every other CRE event: learn all they can about the industry. (We share some of those lessons on this month’s Event Coverage page and within our senior-housing feature, described below.)

Of course, that doesn’t mean the men of CRE aren’t learning and sharing as well. In this month’s issue, we spoke to some very informative men and women about what’s to come in our industry over the next year, including how to approach SoCal construction loans, with Parkview Financial’s Paul Rahimian; what opportunity zones are and how to navigate them, with George Smith Partners’ Bryan Shaffer; how the silver tsunami will impact the senior-housing sector here, with Douglas Wilson Company’s Doug Wilson and a CREW session recap from Housing on Merit’s Jennifer Litwak; and where the millennials are heading in SoCal, with Cushman & Wakefield’s Jolanta Campion and Eric Kenas.

We also bring you some unexpected topics in our departments this month. For example, our Guest Column is written by Shea Properties’ Kevin McCook and focuses on Mercado del Barrio, an area of San Diego that caters to the Hispanic culture prevalent in the city’s Barrio Logan neighborhood. Our Personalities page focuses on Jim Schmid of Chelsea Investment Corporation, which was recently named Builder of the Year for the second time in four years — but Schmid talks about why affordable housing is crucial to this market.

Of course, along with the unexpected come the topics you might expect us to cover in a market-forecast issue. Our Roundtable asks the question, “What are your projections for SoCal commercial real estate in 2019?” and comes up with some thought-provoking answers. Our Policy Page, courtesy of Phil Jelsma of CGS3, tackles the tax implication of opportunity zones and what you should know about this key upcoming issue. And, we bring you important news about projects in development, market fundamentals, deals signed, executive moves, and more throughout the issue.

Here’s to embracing the unexpected and continuing to learn and share.

Carrie Rossenfeld, Editor