Senior VP, Asset Management
As the commercial real estate industry emerges from the recession, location remains a driving force, while the definition of a good location has shifted. New real estate opportunities are emerging that will alter our cities and suburbs.
Evolution and change are inevitable. Over the course of time, every industry, company, and individual will arrive at an Inflection Point, that spot on the continuum where fundamental shifts become essential to realizing forward momentum. At issue is how an Inflection Point is addressed. It is not a place where a company, or person, can afford to remain static. Solutions require strategic and creative planning that will inform development and deployment of new approaches capable of shifting trajectory toward growth and success.
Senior Vice President, Asset Management, for San Francisco-based real estate investment firm Shorenstein Properties, Kevin Kuzemchak is well versed on the risks and shifts attendant to today’s real estate market. He talked with TMG about his industry’s response to its own Inflection Point, and the differences between pre- and post-recession landscapes in Chicago and across the nation.