Cecelia Bonifay “Macro changes in our society are shifting the pace of real estate development. Industrial is changing in tandem with population needs,” says Akerman’s Cecelia Bonifay.

MIAMI—Factors ranging from the global economy to the outcome of the Presidential race undoubtedly will make an impact on commercial real estate in the foreseeable future. Yet the true near-term impact on the sector will come from three mega-trends, say real estate executives surveyed by Akerman LLP as part of the law firm’s annual report on CRE.

These trends: generation-specific housing, co-urbanism and cyber risk in real estate. That specific generation, according to 34% of executives surveyed by Akerman, is seniors, whose numbers are reaching levels never seen before in US history.

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Paul Bubny

Paul Bubny is managing editor of Real Estate Forum and GlobeSt.com. He has been reporting on business since 1988 and on commercial real estate since 2007. He is based at ALM Real Estate Media Group's offices in New York City.

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