12B — May 20 - June 16, 2022 — Central Pennsylvania — M id A tlantic Real Estate Journal
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Mike Curran moderated panel discussion Landmark, McNees & Wells Fargo host CRE Symposium
C AMP HILL, PA — Landmark Commer - cial Realty, McNees , and Wells Fargo , hosted the inaugural Central Pennsylva- nia Commercial Real Estate Symposium at the West Shore Country Club. Approximately 100 of the region’s most active real es- tate principals, developers, and advisors heard from area business leaders and the most prominent deal influencers in South Central Pennsylvania. Topics of discussion included post-COVID macro-economic landscape along with current real estate trends, updates on the latest construction and supply challenges, and submarket forecasts for the remainder of 2022. Guest speaker, Senator John DiSanto kicked off the event with a discussion about the Pennsylvania Tax-Deferred Exchange. Landmark’s presi- dent Mike Curran moderated a panel discussion; panelists included VP of operations - Andrew Notarfrancesco from JEM , managing princi- pal of Integrated Develop - ment Partners - Jonathan Bower, and McNees Land Use
Central PA Commercial Real Estate Symposium
Additionally, economist Char- lie Dougherty indicated the US projects continued growth in 2022 and 2023. Dougherty also expected several interest rate increases throughout 2022 that will allow the market to 'cool off' and likely return YoY growth to 2-3%. “We have already begun planning for next year’s event,” said Curran. “We are looking forward to making this an an- nual event.” MAREJ
Attorney - Charlie Court - ney ; an economic forecast was presented by Keynote Speak- er, Charlie Dougherty , vice president and Economist at Wells Fargo. The panel discussion high- lighted how pricing volatility continues to trouble all stages of real estate ownership and how development and labor tactics continue to morph in a rapidly changing generational and competitive environment.
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