Key Takeaways
- • Nareit and AFIRE hosted institutional real estate roundtable luncheons in San Francisco on Nov. 4 and Los Angeles on Nov. 5, each drawing more than 15 participants including institutional investors, investment managers, consultants and real estate professionals.
- • Cushman & Wakefield hosted the San Francisco luncheon and DLA Piper hosted the Los Angeles event.
- • Discussions centered on the relationship between public and private real estate markets, including what private transactions and listed-market pricing signal about valuations.
- • AFIRE CEO Gunnar Branson guided the discussions, while Nareit CEO Steve Wechsler addressed the implications of recent U.S. congressional and other election results for federal real estate policy.
- • The California events follow similar roundtables held earlier this year in Washington, D.C., and New York City, and the series is planned to continue in 2027.
Summary
Nareit and AFIRE hosted institutional real estate roundtable luncheons in San Francisco on November 4 and Los Angeles on November 5, bringing together senior investors and industry professionals to exchange perspectives on U.S. commercial real estate markets and investment strategies. The San Francisco luncheon was hosted by Cushman & Wakefield, while DLA Piper hosted the Los Angeles event. Each gathering attracted more than 15 participants, including institutional investors, investment managers, consultants and other real estate professionals.
The sessions were designed as informal, interactive discussions rather than formal presentations. According to the publisher, participants shared insights on emerging opportunities and risks in U.S. commercial real estate, capital flows and the investment outlook. A key focus was the relationship between public and private real estate markets, including what private-market transactions and listed-market pricing suggest about valuations. Attendees also discussed how institutional investors are positioning real estate portfolios across sectors and investment structures, with particular attention to diversification and liquidity.
Gunnar Branson, CEO of AFIRE, guided the discussions. Nareit CEO Steve Wechsler offered perspectives on the recent congressional and other U.S. election results and their potential implications for federal real estate policy. The roundtables form part of Nareit's institutional investor outreach, particularly because they engage pension plan representatives and other investment professionals whose responsibilities span both listed and private real estate.
The events build on similar roundtables held earlier this year in Washington, D.C., and New York City, reflecting an ongoing collaboration between Nareit and AFIRE to strengthen relationships with institutional investors. Nareit and AFIRE plan to continue the series in 2027.
The sessions were designed as informal, interactive discussions rather than formal presentations. According to the publisher, participants shared insights on emerging opportunities and risks in U.S. commercial real estate, capital flows and the investment outlook. A key focus was the relationship between public and private real estate markets, including what private-market transactions and listed-market pricing suggest about valuations. Attendees also discussed how institutional investors are positioning real estate portfolios across sectors and investment structures, with particular attention to diversification and liquidity.
Gunnar Branson, CEO of AFIRE, guided the discussions. Nareit CEO Steve Wechsler offered perspectives on the recent congressional and other U.S. election results and their potential implications for federal real estate policy. The roundtables form part of Nareit's institutional investor outreach, particularly because they engage pension plan representatives and other investment professionals whose responsibilities span both listed and private real estate.
The events build on similar roundtables held earlier this year in Washington, D.C., and New York City, reflecting an ongoing collaboration between Nareit and AFIRE to strengthen relationships with institutional investors. Nareit and AFIRE plan to continue the series in 2027.
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