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John Tipton John Tipton is an operating partner at Allen Matkins.

The Allen Matkins/UCLA Anderson Forecast California Commercial Real Estate Survey and Index is celebrating its 10-year anniversary. To commemorate the moment, Allen Matkins and UCLA Anderson produced a 10-year retrospective to look at the accuracy of the survey results. The survey, which analyzes developers’ three-year outlook of construction activity across asset classes, was highly accurate, showing a strong correlation between the survey results and actual building activity.

“This 10-year retrospective—as opposed to the semi-annual survey that looks three-years ahead—looks back at how predictive the survey was or wasn’t,” John Tipton, operating partner at Allen Matkins, tells GlobeSt.com. “Jerry Nickelsburg did that by looking at qualitative and quantitative results. He found that, with a few exceptions, the survey results predicted pretty accurately the new level of building activity three years out. He found it to be a good predictor. In the next decade, he has plans to refine the survey to further increase its predictiveness.”

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Kelsi Maree Borland

Kelsi Maree Borland is a freelance journalist and magazine writer based in Los Angeles, California. For more than 5 years, she has extensively reported on the commercial real estate industry, covering major deals across all commercial asset classes, investment strategy and capital markets trends, market commentary, economic trends and new technologies disrupting and revolutionizing the industry. Her work appears daily on GlobeSt.com and regularly in Real Estate Forum Magazine. As a magazine writer, she covers lifestyle and travel trends. Her work has appeared in Angeleno, Los Angeles Magazine, Travel and Leisure and more.

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