SAN FRANCISCO—“There is unlimited opportunity for all of us tobe out there and be successful, but there is a lot of risk too.”That is according to RealShare Bay Area Town Hall moderatorBill Cumbelich, EVP with CBRE anda founder and principal of the CAC Group.
More than 200 were in attendance at the RealShare ConferenceSeries event, which is produced by ALM's Real Estate Media Group,which also publishes Real EstateForum and GlobeSt.com.To kick things off, Cumbelichsaid that the Bay Area is doing great, is hot, and that the privatesector is doing its job in terms of building and growing. “Today isfar and away the most exciting and most challenging time I haveever seen,” he said. But he noted that “We are in uncharteredwaters in terms of where we go from here.” Some of the biggestissues we are facing the region have to do with infrastructure andtraffic, he noted.
Panelist Mary Erchul, president of theAmerican Council of Engineering Cos. ofCalifornia, agreed that infrastructure is one of thebiggest things facing California today. “We are looking at thingslike water shortage and funding in general for transportation,” shesaid. “We have a lack of funding.”
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Natalie Dolce
Natalie Dolce, editor-in-chief of GlobeSt.com and GlobeSt. Real Estate Forum, is responsible for working with editorial staff, freelancers and senior management to help plan the overarching vision that encompasses GlobeSt.com, including short-term and long-term goals for the website, how content integrates through the company’s other product lines and the overall quality of content. Previously she served as national executive editor and editor of the West Coast region for GlobeSt.com and Real Estate Forum, and was responsible for coverage of news and information pertaining to that vital real estate region. Prior to moving out to the Southern California office, she was Northeast bureau chief, covering New York City for GlobeSt.com. Her background includes a stint at InStyle Magazine, and as managing editor with New York Press, an alternative weekly New York City paper. In her career, she has also covered a variety of beats for M magazine, Arthur Frommer's Budget Travel, FashionLedge.com, and Co-Ed magazine. Dolce has also freelanced for a number of publications, including MSNBC.com and Museums New York magazine.
