CRE® Thought Leaders: Recent Episodes

The Counselors of Real Estate®

The Counselors of Real Estate is the professional organization for the most trusted advisors in real estate.

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In this episode, David Levy, CRE, talks with Frank Kelly, founder and managing partner of Fulcrum Macro Advisors. Leveraging more than 30 years as a senior Wall Street executive at Merrill Lynch, Charles Schwab, and Deutsche Bank, and having served two presidential administrations, Frank Kelly offers a unique inside sources perspective on Washington, DC, the broader geopolitical landscape, and the complex cross-roads of public policy, global markets, and macroeconomics.

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In this episode Trepp Chief Product Officer Lonnie Hendry, CRE®, talks with JLL Global Head of Research Julia Georgules, BGO Chief Economist Ryan Severino, and Crenetics Co-Founder and CEO Patrick Nessenthaler, CRE®, on the predictive power of Artificial Intelligence.

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s going to drive it.

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s one of the most comprehensive real estate and land use reports in the industry.

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In this episode, Jonathan A. Schein, CRE, and Victor Calanog, PhD, CRE, discuss the year that was 2025 and speculate on the issues expected to have the most effect on commercial real estate in 2026.

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2026 Global Chair John Baczewski, CRE®, shares his vision for the Counselor organization with Jonathan Schein, CRE®.

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The Counselors of Real Estate has identified the current and emerging issues expected to have the most significant impact on all sectors of real estate. The Top Ten Issues Affecting Real Estate are determined through broad membership polling, discussion, and debate. This signature thought leadership initiative is an invaluable resource to clients of Counselors worldwide and to the real estate industry in general.

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2025 Global Chair, John Hentschel, CRE®, shares the current state of the Counselor organization, its financial health, and the important role you, as a CRE®, play in maintaining the vitality of the organization.

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s joined by Joshua Wood, Partner with Valbridge Property Advisors, Topher Stevenson, Head of Operations with Aspire Commercial, and Wes Gay of Story Brand.

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From the influential impact on the office market to the redefining of retail, the global pandemic prompted a rethinking of space utilization, investment strategies, valuations, and the overall approach to commercial and residential real estate, leading to lasting changes. Join Jonathan A. Schein, CRE, Ruth Colp-Haber, CRE, William Pattison, CRE, and Jonathan Miller, CRE, for a powerful hour of real estate dialogue, reflection, and analysis.

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s investor sentiment, capital flows, and commercial property performance in the U.S. and Europe.

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In this episode, Jonathan Schein, CRE®, talks with KC Conway, CRE®, founder of KCnomics, LLC, in Norcross, Georgia, on Alexa, Where’s My Stuff? Supply Chain, Logistics, and U. S. Onshoring, the number eight issue on the 2023-24 Top Ten Issues Affecting Real Estate® by The Counselors of Real Estate®.

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In this episode, Jonathan Schein, CRE®, talks with KC Conway, CRE®, founder of KCnomics, LLC, in Norcross, Georgia, on Population Shock: Migration’s Impact on Real Estate, the number six issue on the 2023-24 Top Ten Issues Affecting Real Estate® by The Counselors of Real Estate®.

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In this episode, Jonathan Schein, CRE®, talks with Maureen Ehrenberg, CRE®, president of the Commercial Division of Lessen, on the state of the office market, the number two issue on the 2023-24 Top Ten Issues Affecting Real Estate® by The Counselors of Real Estate®.

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In this episode, Global Chair Anthony DellaPelle, Esq., CRE®, talks with Korin Crawford, CRE®, executive vice president of Griffin Structures, on the state of infrastructure, the number 10 issue on the 2023-24 Top Ten Issues Affecting Real Estate® by The Counselors of Real Estate®.

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In this episode, Global Chair Anthony DellaPelle, Esq., CRE®, talks with Kathleen Rose, CRE®, president and CEO of Rose Associates, on the labor shortage, the number five issue on the 2023-24 Top Ten Issues Affecting Real Estate® by The Counselors of Real Estate®.

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In this episode, Jonathan Schein, CRE®, talks with Hugh Kelly, Ph.D., CRE®, principal of the consultancy Hugh Kelly Real Estate Economics, on the topic of Real Estate Armageddon, the number seven issue on the 2023-24 Top Ten Issues Affecting Real Estate® by The Counselors of Real Estate®.

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In this episode, Jonathan Schein, CRE®, talks with Paula Munger, CRE®, vice president of research for the National Apartment Association, on the global housing shortage, the number three issue on the 2023-24 Top Ten Issues Affecting Real Estate® by The Counselors of Real Estate®.

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In this episode, Global Chair Bill McCarthy, CRE, talks with Tim Savage, Ph.D., CRE, on the convergence of artificial intelligenceand real estate.

Dr. Savage isa professor and the director of the CREFC Center at New York University’s Schack Institute of Real Estate, and co-director of the NYU School of Professional Studies Applied Analytics Lab. 

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In this episode, Bill McCarthy, CRE, discusses energy with Maureen Ehrenberg, CRE. Energy was listed as the #5 issue in the 2022-23 Top Ten Issues Affecting Real Estate® by The Counselors of Real Estate®.

Maureen is co-founder and CEO of Blue Skyre IBE, a Women-Owned Business Enterprise (WBE) and Strategic Partner of Colliers International.

Further Reading The 2022-2023 Top Ten Issues Affecting Real Estate®: https://cre.org/topten/ * Read Maureen’s piece in Real Estate Issues: https://cre.org/real-estate-issues/energy-sustainability-affordability-availability/*

Intro Music: Driven To Success by Scott Holmes Music – licensed under CC BY 4.0

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In this episode, Bill McCarthy, CRE, discusses cybersecurity with Tom Shircliff, CRE. Cybersecurity Interruptions was listed as the #9 issue in the 2022-23 Top Ten Issues Affecting Real Estate® by The Counselors of Real Estate®.

Tom is co-founder and principal of Intelligent Buildings LLC in Charlotte, North Carolina, and a recognized expert in smart building consulting and risk management.

The “Top Ten in 10” series is part of The Counselors of Real Estate’s CRE® Thought Leaders podcast program. In each episode, we discuss an issue from the 2022-2023 Top Ten Issues Affecting Real Estate®.

Further Reading The 2022-2023 Top Ten Issues Affecting Real Estate®: https://cre.org/topten/ * Read Thomas’ piece in Real Estate Issues: https://cre.org/real-estate-issues/cybersecurity-interruptions/*

Intro Music: Driven To Success by Scott Holmes Music – licensed under CC BY 4.0

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In this episode, Bill McCarthy, CRE, discusses the regulatory environment with David Waite, Esq., CRE. Regulatory Uncertainty was listed as the #8 issue in the 2022-23 Top Ten Issues Affecting Real Estate® by The Counselors of Real Estate®.

David is a partner in the Los Angeles office of Cox, Castle, Nicholson, LLP. He has practiced land use and environmental law for more than thirty years. David is recognized as one of Southern California’s leading entitlement lawyers and is a Fellow of the American College of Real Estate Lawyers.

The “Top Ten in 10” series is part of The Counselors of Real Estate’s CRE® Thought Leaders podcast program. In each episode, we discuss an issue from the 2022-2023 Top Ten Issues Affecting Real Estate®.

Further Reading The 2022-2023 Top Ten Issues Affecting Real Estate®: https://cre.org/topten/ * Read David’s piece in Real Estate Issues: https://cre.org/real-estate-issues/regulatory-uncertainty/*

Intro Music: Driven To Success by Scott Holmes Music – licensed under CC BY 4.0

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In this episode, Bill McCarthy, CRE, discusses geopolitics with Tino Korologos, CRE. Geopolitical Risk was listed as the #2 issue in the 2022-23 Top Ten Issues Affecting Real Estate® by The Counselors of Real Estate®.

Tino is principal of Leonidas Partners in West Islip, New York, and Clinical Assistant Professor at New York University’s Schack Institute of Real Estate, where he teaches graduate-level real estate finance, capital markets, and portfolio risk courses. In his nearly 40-year career, Tino has held several senior executive and managing director positions at Wachovia Securities, Bear Stearns and Co., GE Capital Real Estate, Moody’s, Equitable Real Estate Investment Management, and Deloitte.

The “Top Ten in 10” series is part of The Counselors of Real Estate’s CRE® Thought Leaders podcast program. In each episode, we discuss an issue from the 2022-2023 Top Ten Issues Affecting Real Estate®.

Further Reading The 2022-2023 Top Ten Issues Affecting Real Estate®: https://cre.org/topten/ * Read Tino’s piece in Real Estate Issues: https://cre.org/real-estate-issues/geopolitical-risk-political-capital-markets-and-real-estate-uncertainty/*

Intro Music: Driven To Success by Scott Holmes Music – licensed under CC BY 4.0

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In this episode, Bill McCarthy, CRE, discusses the impact of disruptions in the labor market with Andrew Nelson, CRE. Labor Shortage Strain was listed as the #6 issue in the 2022-23 Top Ten Issues Affecting Real Estate® by The Counselors of Real Estate®.

Andrew Nelson, CRE is an independent real estate economist and writer. In addition to his blog at Nelson Economics, he publishes on Seeking Alpha and Medium. He also serves as lead writer for Emerging Trends in Real Estate, published annually by the Urban Land Institute (ULI) and PwC. Previously he served as Chief U.S. Economist for Colliers International and Director, Research & Strategy, at Deutsche Asset Management (RREEF).

The “Top Ten in 10” series is part of The Counselors of Real Estate’s CRE® Thought Leaders podcast program. In each episode, we discuss an issue from the 2022-2023 Top Ten Issues Affecting Real Estate®. Further Reading

The 2022-2023 Top Ten Issues Affecting Real Estate®: https://cre.org/topten/ Read Andrew’s piece in Real Estate Issues: https://cre.org/real-estate-issues/labor-shortage-strain-where-have-all-the-workers-gone/

Intro Music: Driven To Success by Scott Holmes Music – licensed under CC BY 4.0

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In this episode, Jonathan Schein, CRE, discusses the impact of disruptions in the supply chain with John Viggers, CRE. Supply Chain Disruption was listed as the #4 issue in the 2022-23 Top Ten Issues Affecting Real Estate® by The Counselors of Real Estate®.

John Viggers, CRE, is Senior Vice President at Cushman & Wakefield Iowa Commercial Advisors. He has served private and institutional clients for 30+ years in management and brokerage services in numerous markets across the U.S. Today, he enjoys advising clients through complex acquisitions and dispositions to achieve optimal results.

The “Top Ten in 10” series is part of The Counselors of Real Estate’s CRE® Thought Leaders podcast program. In each episode, we discuss an issue from the 2022-2023 Top Ten Issues Affecting Real Estate®. Further Reading

The 2022-2023 Top Ten Issues Affecting Real Estate®: https://cre.org/topten/ Read John’s piece in Real Estate Issues: https://cre.org/real-estate-issues/supply-chain-disruption/

Intro Music: Driven To Success by Scott Holmes Music – licensed under CC BY 4.0

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In this episode, Jonathan Schein, CRE, discusses the impact of inflation and interest rates with Timothy Savage, Ph.D., CRE. Inflation and Interest Rates was listed as the #1 issue in the 2022-23 Top Ten Issues Affecting Real Estate® by The Counselors of Real Estate®. Timothy Savage, Ph.D., CRE is a Clinical Assistant Professor at the NYU Schack Institute of Real Estate, where he is the Faculty Director of the CREFC Center for Real Estate Finance. He is the former Senior Managing Economist and Principal Data Scientist of CBRE Econometric Advisors (the former Torto Wheaton Research Group). Tim is an economist with nearly 25 years of experience at international consulting firms such as Charles River Associates and Navigant Consulting.

The “Top Ten in 10” series is part of The Counselors of Real Estate’s CRE® Thought Leaders podcast program. In each episode, we discuss an issue from the 2022-2023 Top Ten Issues Affecting Real Estate®.

Further Reading

The 2022-2023 Top Ten Issues Affecting Real Estate®: https://cre.org/topten/ Read Tim’s piece in Real Estate Issues: https://cre.org/real-estate-issues/inflation-and-interest-rates-some-clarity-to-mixed-macroeconomic-signals/

Intro Music: Driven To Success by Scott Holmes Music – licensed under CC BY 4.0

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John Leary, CRE, discusses the Consulting Corps project at St Michael's Episcopal Church in Bon Air, Virginia with Doug Schepker, CRE, and Rev. Jeunee Godsey.

The CRE Consulting Corps, a public service program of The Counselors of Real Estate, provides real estate analysis and action plans for municipalities, not-for-profit organizations, government entities, educational institutions, and other owners of real property. Further Reading

Read more about the work the Consulting Corps did with St. Michael's: https://cre.org/initiatives/consulting-corps/project-summaries-2/making-a-difference-for-st-michaels-episcopal-church-bon-air-virginia/

Intro Music: Driven To Success by Scott Holmes Music – licensed under CC BY 4.0

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In this episode, host Jonathan Schein, CRE, discusses economic recovery and resilience with Kirsten McGregor, CRE.

Kirsten McGregor, CRE, is principal of Sagax Associates, an economic recovery and development consulting firm in Wilmington, Delaware. Kirsten has held prominent roles as Senior Policy Advisor on President Obama’s Hurricane Sandy Rebuilding Task Force, Deputy Director of the Delaware Economic Development Office, and Lead Economic Recovery Coordinator for New Jersey following Hurricane Sandy.

Intro Music: Driven To Success by Scott Holmes Music – licensed under CC BY 4.0

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In this episode, host Marilee Utter, CRE, 2022 Global Chair, talks with Jackie Buhn, CRE, Principal of AR Spruce in Philadelphia, Pennsylvania.  Jackie was the team leader of The Counselors’ recent Consulting Corps assignment in Spokane, Washington.  Jackie takes you behind the scenes on why the Spokane Association of Realtors called on the Consulting Corps and shares the assessments and recommendations she and her fellow team of Counselors offered.

The Consulting Corps is a public service initiative that provides real estate analysis and action plans for municipalities, not-for-profit organizations, government entities, educational institutions, and other owners of real property.

Intro Music: Driven To Success by Scott Holmes Music – licensed under CC BY 4.0

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In this episode, Jonathan Schein, CRE, discusses how the affordable housing supply is impacting the real estate industry with George Vallone, CRE. Housing Supply and Affordability was listed as the #6 issue in the 2021-22 Top Ten Issues Affecting Real Estate® by The Counselors of Real Estate®.

George Vallone, CRE, is President & Broker of Record, Hoboken Brownstone Company, a multi-faceted real estate development firm active along New Jersey's Hudson River "Gold Coast" for the past 40 years. George has extensive experience in urban housing through a socially conscious approach to development. The firm's mission statement is "Quality real estate development means quality community development." His firm has been responsible for renovating brownstones, brick row houses and has built mid-rise and hi-rise condominiums in Hoboken and Jersey City as well as over 1,000 affordable housing units throughout most of New Jersey's urban markets. George's development companies specialize in large mixed-use Brownfield redevelopment projects.

The “Top Ten in 10” series is part of The Counselors of Real Estate’s CRE® Thought Leaders podcast program. In each episode, we discuss an issue from the 2021-2022 Top Ten Issues Affecting Real Estate®. Further Reading

The 2021-2022 Top Ten Issues Affecting Real Estate®: https://cre.org/topten/ Read George's piece in Real Estate Issues: https://cre.org/real-estate-issues/affordable-housing-discrimination-in-america/

Intro Music: Driven To Success by Scott Holmes Music – licensed under CC BY 4.0

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In this episode, Jonathan Schein, CRE, discusses infrastructure with Korin Crawford, CRE. Infrastructure: New Imperatives Emerge was listed as the #5 issue in the 2021-22 Top Ten Issues Affecting Real Estate® by The Counselors of Real Estate®.

Korin Crawford, CRE, is Executive Vice President of Griffin|Swinerton (G/S) and is responsible for originating, evaluating, structuring, and closing public-private partnerships (P3s) for G/S. Korin leverages 20 years of experience in infrastructure, real estate, and M&A of property-backed operating businesses with an emphasis on P3s and real estate transactions in complex regulatory environments.

The “Top Ten in 10” series is part of The Counselors of Real Estate’s CRE® Thought Leaders podcast program. In each episode, we discuss an issue from the 2021-2022 Top Ten Issues Affecting Real Estate®. Further Reading

The 2021-2022 Top Ten Issues Affecting Real Estate®: https://cre.org/topten/ Read Korin’s piece in Real Estate Issues: https://cre.org/real-estate-issues/new-infrastructure-imperatives-emerge/

Intro Music: Driven To Success by Scott Holmes Music – licensed under CC BY 4.0

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In this episode, Jonathan Schein, CRE, discusses how the political environment is impacting real estate with Hugh Kelly, Ph.D., CRE. Political Polarization was listed as the #7 issue in the 2021-22 Top Ten Issues Affecting Real Estate® by The Counselors of Real Estate®.

Hugh Kelly, Ph.D., CRE, is Chair of Fordham University Real Estate Institute’s Masters Degree curriculum committee. He served as Global Chair of The Counselors of Real Estate in 2014. He is principal of the consultancy Hugh Kelly Real Estate Economics.

The “Top Ten in 10” series is part of The Counselors of Real Estate’s CRE® Thought Leaders podcast program. In each episode, we discuss an issue from the 2021-2022 Top Ten Issues Affecting Real Estate®. Further Reading

The 2021-2022 Top Ten Issues Affecting Real Estate®: https://cre.org/topten/ Read Hugh’s piece in Real Estate Issues: https://cre.org/real-estate-issues/our-deep-divisions/

Intro Music: Driven To Success by Scott Holmes Music – licensed under CC BY 4.0

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In this episode, Jonathan Schein, CRE, discusses the state of the economy with Hugh Kelly, Ph.D., CRE. Economic Structural Change was listed as the #8 issue in the 2021-22 Top Ten Issues Affecting Real Estate® by The Counselors of Real Estate®.

Hugh Kelly, Ph.D., CRE, is Chair of Fordham University Real Estate Institute's Masters Degree curriculum committee. He served as Global Chair of The Counselors of Real Estate in 2014. He is principal of the consultancy Hugh Kelly Real Estate Economics.

The “Top Ten in 10” series is part of The Counselors of Real Estate’s CRE® Thought Leaders podcast program. In each episode, we discuss an issue from the 2021-2022 Top Ten Issues Affecting Real Estate®. Further Reading

The 2021-2022 Top Ten Issues Affecting Real Estate®: https://cre.org/topten/ Read Hugh’s piece in Real Estate Issues: https://cre.org/real-estate-issues/economic-structure-public-policy-and-private-decisions/

Intro Music: Driven To Success by Scott Holmes Music – licensed under CC BY 4.0

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In this episode, Jonathan Schein, CRE, discusses capital markets with Constantine Korologos, CRE. Bifurcation of Capital Markets was listed as the #10 issue in the 2021-22 Top Ten Issues Affecting Real Estate® by The Counselors of Real Estate®.

Constantine Korologos, CRE, has worked in the real estate industry for 37 years, and has held several senior executive and managing director positions at Wachovia Securities, Bear Stearns and Co., GE Capital Real Estate, Moody's Investors Service, Equitable Real Estate Investment Management and Deloitte & Touché, where he focused on the capital markets, valuation, structured finance, consulting and investment banking. In addition to his own consulting business as founding principal of Leonidas Partners, LLC, he is a managing director with Eyzenberg and Co. where he is involved in the placement of real estate debt capital, ground lease and C-Pace financing, and a managing director with Frontstage Capital, where he is a FINRA registered representative executing securities transactions through their affiliate broker-dealer, Moody Capital. Complementing his professional experience, he is a full-time Clinical Assistant Professor, teaching graduate real estate finance, capital markets and portfolio risk courses with the New York University Schack Real Estate Institute, where he has been on the faculty for over 27 years.

The “Top Ten in 10” series is part of The Counselors of Real Estate’s CRE® Thought Leaders podcast program. In each episode, we discuss an issue from the 2021-2022 Top Ten Issues Affecting Real Estate®. Further Reading

The 2021-2022 Top Ten Issues Affecting Real Estate®: https://cre.org/topten/ Read Tino's piece in Real Estate Issues: https://cre.org/real-estate-issues/capital-markets-risk-looking-for-clarity-in-the-face-of-uncertainty/

Intro Music: Driven To Success by Scott Holmes Music – licensed under CC BY 4.0

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In this episode, Jonathan Schein, CRE, discusses the "neighborhood approach" of the new trend in adaptive reuse with K.C. Conway, CRE, CCIM, MAI. Adaptive Reuse 2.0 was listed as the #9 issue in the 2021-22 Top Ten Issues Affecting Real Estate® by The Counselors of Real Estate®.

K.C. Conway, CRE, CCIM, MAI, is the mind trust behind Red Shoe Economics, LLC, an independent economic forecasting and consulting firm furthering KC’s mission as The Red Shoe Economist by providing organic research initiatives, reporting and insights on the impact of Economics within the commercial real estate industry. KC is a nationally recognized industry thought leader and Subject Matter Expert with expertise in Macro Economics, Valuations, Ports & Logistics, Banking Regulation, Real Estate Finance, MSA level market monitoring, Environmental Risk Management, Housing Economics and Tax Appeals. Further Reading

The 2021-2022 Top Ten Issues Affecting Real Estate®: https://cre.org/topten/ Read K.C.'s piece in Real Estate Issues: https://cre.org/real-estate-issues/adaptive-reuse-2-0-the-neighborhood-approach/

Intro Music: Driven To Success by Scott Holmes Music – licensed under CC BY 4.0

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In this episode, Jonathan Schein, CRE, discusses how changes in logistics needs are impacting the real estate industry with K.C. Conway, CRE, CCIM, MAI. Logistics is listed as the #4 issue in the 2021-22 Top Ten Issues Affecting Real Estate® by The Counselors of Real Estate®.

K.C. Conway, CRE, CCIM, MAI, is the mind trust behind Red Shoe Economics, LLC, an independent economic forecasting and consulting firm furthering KC’s mission as The Red Shoe Economist by providing organic research initiatives, reporting and insights on the impact of Economics within the commercial real estate industry. KC is a nationally recognized industry thought leader and Subject Matter Expert with expertise in Macro Economics, Valuations, Ports & Logistics, Banking Regulation, Real Estate Finance, MSA level market monitoring, Environmental Risk Management, Housing Economics and Tax Appeals. Further Reading

The 2021-2022 Top Ten Issues Affecting Real Estate®: https://cre.org/topten/ Read K.C.'s piece in Real Estate Issues: https://cre.org/real-estate-issues/last-mile-logistics-on-time-and-in-full/

Intro Music: Driven To Success by Scott Holmes Music – licensed under CC BY 4.0

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In this episode, Jonathan Schein, CRE, discusses how technology acceleration is changing the real estate industry with Noah Shlaes, CRE Emeritus, and Tom Shircliff, CRE. Technology Acceleration & Innovation is listed as the #2 issue in the 2021-22 Top Ten Issues Affecting Real Estate® by The Counselors of Real Estate®.

Noah Shlaes, CRE Emeritus, is a technologist and futurist focused on corporate real estate decisions. His career has included the development of DCF software in the pre-Argus era, portfolio valuations at Arthur Andersen, leading the consulting arm of Grubb & Ellis, and creating the Global Operations Center for Newmark's real estate tech platform. From teaching appraisal in Bulgaria to explaining real estate development to art students, he's known for making real estate issues clear, memorable and relevant.

Tom Shircliff, CRE is an entrepreneur and executive with broad experience in Fortune 500 management, small business and venture capital-funded startups including local, regional and national roles. Since co-founding Intelligent Buildings, LLC he has become a recognized expert in the field of commercial real estate technology consulting and risk management. Since 2004, Intelligent Buildings has been a leader in commercial real estate smart building consulting, assessments and managed services.

The “Top 10 in 10” series is part of The Counselors of Real Estate’s CRE® Thought Leaders podcast program. In each episode, we discuss an issue from the 2021-2022 Top Ten Issues Affecting Real Estate®. Further Reading

The 2021-2022 Top Ten Issues Affecting Real Estate®: https://cre.org/topten/ Read Noah's and Tom’s piece in Real Estate Issues: https://cre.org/real-estate-issues/pushed-off-the-diving-board-accelerated-tech-adoption-in-the-golden-age-of-the-late-adopter/

Intro Music: Driven To Success by Scott Holmes Music – licensed under CC BY 4.0