The world economy shut down in March as the COVID-19 pandemic took hold. Economic fundamentals plunged; historic highs (initial jobless claims) and lows (Treasury rates) kept getting shattered; US multifamily and commercial real estate income drivers and values face an uncertain future. Join Dr. Victor Calanog, Head of Commercial Real Estate Economics at Moody's Analytics, for a discussion of the latest national economic forecast and the impact of the pandemic on the real estate industry and the region.
This webinar is eligible for AIA and AICP continuing education credits. To receive credits, please complete the post-event evaluation form emailed after the webinar. If you have any questions, please contact Alex.Krefetz@uli.org
Click HERE for a recording of this webinar on Knowledge Finder. Please click HERE to view Dr. Calanog's presentation slides. Access Moody's Analytics REIS recently released COVID-19 CRE Impact Dashboard which provides metro level analysis of COVID-19, employment, and Moody's macroeconomic and CRE data free to the public.
Victor Calanog is Head of Commercial Real Estate Economics for Moody’s Analytics. Prior to the acquisition by Moody’s Analytics in October 2018, he served as Chief Economist & Senior Vice President of REIS, leading a team of economists and analyststo build, maintain, and customizethe firm’s market forecasting, valuation, and real estate portfolio analytics services. Dr Calanog’s research has received awards and fellowship support from several institutions, including the Ford Foundation, the Russell Sage Foundation and the Penn Lauder Center for International Business Research.A prodigious researcher with broad interests, his papers in real estate economics, local government competition, and urban fiscal policy have been presented in meetings of the American Economic Association, the American Finance Association, the Brookings Institution, and discussed in academic forums sponsored by Harvard Business School, Columbia University, Stanford University, the Wharton School of the University of Pennsylvania, and the Stern School of Business at New York University. He serves as contributor and peer reviewer for several academic journals, with scientific papers published in the Journal of Banking & Finance, the Journal of the Risk Management Association,and cited in the Journal of Finance, Journal of Public Economics, the World Bank Research Observer, the Brookings Papers on Urban Affairsand Public Administration Review. His assessments of market conditions have appeared in national publications likethe Wall Street Journal, New York Times, Bloomberg News, Financial Times, and Reuters News. Dr Calanogwrites several columns on commercial real estate for theNational Real Estate Investor and Scotsman Guide. His industry columns have won honors from the American Society of Business Publication Editorsand the Risk Management Association.He serves on the Commercial Real Estate/Multifamily Finance Board of Governors for the Mortgage Bankers Association, as Managing Editor for the CRE Finance Council, and on the Editorial Advisory Board of Real AssetsAdviser. He is also part of theExecutive Committee andthe Board of Directorsof the Counselors of Real Estate®.Dr Calanog holds a PhD in Applied Economics and Management Science, trained by a dissertation committee composed of faculty from the Wharton School of the University of Pennsylvania and Harvard Business School. In addition, he has an MBA in Finance and an MA in Business and Public Policy, earning the Amy Morse Prize and the Thomas P. Gerrity Leadership Award as the most distinguished PhD and MBA student in his class.In a previous life, Dr Calanog was a competitive powerlifter, but he now measures poundages by how much laundry he does per day. He serves at the behest of his wife Christine, daughters Samantha and Madison, and guinea pigs Midnight and Kale. He enjoys traveling, pestering locals in their own language, and reading about history, art, geopolitics, and military strategy.Contact Information: