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Jonathan D. Miller

Jonathan D. Miller

Miller Ryan LLC

A marketing communication strategist who turned to real estate analysis, Jonathan D. Miller is a foremost interpreter of 21st citistate futures – cities and suburbs alike – seen through the lens of lifestyles and market realities. For more than 20 years (1992-2013), Miller authored Emerging Trends in Real Estate, the leading commercial real estate industry outlook report, published annually by PricewaterhouseCoopers and the Urban Land Institute (ULI). He has lectures frequently on trends in real estate, including the future of America's major 24-hour urban centers and sprawling suburbs. He also has been author of ULI’s annual forecasts on infrastructure and its What’s Next? series of forecasts. On a weekly basis, he writes the Trendczar blog for, the real estate news website. Outside his published forecasting work, Miller is a prominent communications/institutional investor-marketing strategist and partner in Miller Ryan LLC, helping corporate clients develop and execute branding and communications programs. He led the re-branding of GMAC Commercial Mortgage to Capmark Financial Group Inc. and he was part of the management team that helped build Equitable Real Estate Investment Management, Inc. (subsequently Lend Lease Real Estate Investments, Inc.) into the leading real estate advisor to pension funds and other real institutional investors. He joined the Equitable Life Assurance Society of the U.S. in 1981, moving to Equitable Real Estate in 1984 as head of Corporate/Marketing Communications. In the 1980's he managed relations for several of the country's most prominent real estate developments including New York's Trump Tower and the Equitable Center. Earlier in his career, Miller was a reporter for Gannett Newspapers. He is a member of the Citistates Group and a board member of NYC Outward Bound Schools and the Center for Employment Opportunities.

  • Face It: Retail in Full Scale Retreat


    Face It: Retail in Full Scale Retreat

    We are not talking manageable erosion anymore—it’s become clear now that the bricks and mortar retail world is in full-scale retreat. The new concepts…

  • Enough “Creative” Office


    Enough “Creative” Office

    NEW YORK CITY—Despite the happy talk around deregulation and tax cuts boosting the stock market, real estate investors have been growing nervous…

  • Misplaced Narrative: Besieged Cities


    Misplaced Narrative: Besieged Cities

    I was in Chicago when the President was watching a segment on Fox’s O’Reilly Factor about the city’s disconcerting murder rate. That led to Mr.…

  • 2017 Best Investment Bets


    2017 Best Investment Bets

    NEW YORK CITY—At this point in the real estate cycle, investors need to exercise greater caution, embracing lower returns and avoiding greater risk: Hold…

  • Uncertainty



    “Uncertainty” was the excuse many business leaders used following the last two Presidential elections for not hiring or investing in expansions.…

  • Ending Infrastructure Neglect


    Ending Infrastructure Neglect

    The effort to refurbish the nation’s crumbling infrastructure may have received a huge and extremely overdue boost from the Trump win—that’s…

  • “Online of Course”


    “Online of Course”

    I needed a funky lithium battery—hadn’t checked my weight all summer and I noticed the scale in the bathroom was on “lo” heading fast for dead.…

  • Where Should the Smart Money Invest?


    Where Should the Smart Money Invest?

    The GDP is only growing at slightly above 1% for the year—pretty lackluster. Unemployment stands at 5% what used to amount to full employment…

  • Playing on Unfamiliar Turf


    Playing on Unfamiliar Turf

    I don’t normally talk about particular deals, but the Waldorf-Astoria Hotel story is so trend worthy. First off, an offshore institutional buyer…