Roger Williams University Real Estate Symposium to Focus on Reimagine Resuse, Investment and Development Opportunities

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Roger Williams University Real Estate Symposium to Focus on Reimagine Resuse, Investment and Development Opportunities

Richard Godfrey

PROVIDENCE, Rhode Island – The real estate industry is facing powerful forces including destabilizing interest rate hikes, city-changing office space vacancies, high inflation in material and labor costs, a lack of affordable, basic housing and major changes in the way we live and work. These complications also provide unique opportunities to deviate from “business as usual” philosophy and reimagine the development, investment, use and reuse of real estate throughout the 21st century.

The second yearbook Roger Williams University Cummings Institute for Real Estate The symposium on Thursday April 25th will bring together leading experts in construction, planning, real estate and sustainability to discuss industry challenges, current trends and potential rewarding opportunities in the rapidly changing real estate industry. The symposium – The Real Estate Industry in 2024: Challenges, Opportunities and Strategies – will be held from 11:30 a.m. to 5:00 p.m. at District Hall, 225 Dyer St. in Providence, Rhode Island

“Real estate is everywhere we live, work, shop and play. All these everyday aspects of our lives are changing and real estate must adapt to the new paradigms. “We deal with these issues every day through the real estate education program and the Cummings Institute for Real Estate at Roger Williams University,” said Richard Godfrey, executive director of the institute. “At our annual symposium, we bring together some of the real estate industry’s most experienced and knowledgeable people to discuss and provide insight into these complex forces and their impact on our economy and our communities.”

The focus of the discussion is opportunities and possible strategies. Expert speakers and panelists will consider how vacant office space in urban areas can be reused. reflect on the evolution of retail and the impact of e-commerce on this sector; and develop strategies to balance the need for affordable multifamily housing with investment uncertainty and competitive returns.

The program includes a luncheon, networking reception and opening remarks from Congressman Gabe Amo, who represents Rhode Island’s First District in the U.S. House of Representatives. Phil Mobley, National Director of Office Analytics at CoStar, will deliver the keynote address, reflecting on his nearly 20 years as a researcher, analyst and consultant in the commercial real estate industry. Heather Boujoulian ’97, managing director and chief investment officer of development investments at Berkshire Residential Investments, will serve as master of ceremonies.

The symposium offers real estate professionals from the various areas of development, design, construction and sales the opportunity to connect with colleagues and discuss strategies for greater profitability.

The day will also feature poster presentations explaining new ideas and solutions in real estate development from RWU real estate graduates.

The RWU Cummings Institute for Real Estate was established in 2022 in part through a generous $20 million gift from the Cummings Foundation. Through the Cummings Institute for Real Estate, RWU has created a real estate program that meets the challenges of complex design, preservation, real estate and related career paths. The program features an interconnected portfolio of academic programs from RWU’s nationally recognized architecture, construction management, engineering, investment and finance, historic preservation and law programs. With its interdisciplinary focus and problem-solving approach, the program prepares students with a deep knowledge of the natural and built environments based on an innovative framework for social impact, sustainability and community planning.

Further information and the opportunity to register for the Real Estate Symposium 2024 can be found at https://www.rwu.edu/symposium-real-estate.

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