NCAA Football Conference Webinar October 2014 Auction.com Research
Jun 25, 2015
NCAA Football Conference Webinar
October 2014
Auction.com Research
Atlantic Coast Conference
ACC Region Economy and Demographics*
3
ACC Region Recovery Chugging Along ACC Region Employment Approaching Pre-
Recession Level ACC Region Job Count Growing on Par with
US
Regional Population Growth Outpacing Nation
Sources: Census Bureau, BLS, Maximus Advisors *ACC region defined as: DC,FL,GA,MD,NC,PA,SC,VA
ACC: Underrated
4
Raleigh-Durham Warehouse Job Count Reaching Devilishly High Levels
Valuations Will Remain High, Driven by Booming Biotech in Research Triangle
Sources: BLS, Reis, Maximus Advisors forecasts
Raleigh Warehouse Vacancies Will Reach New Lows
ACC: Overrated
5
Washington, DC Metro Area
DC Region Employment Growth Leveling Off Recently
Regional Population Growth Has Slowed
Sources: Census Bureau, BLS, Maximus Advisors
ACC: Overrated
6
Washington, DC Metro Area DC Office and Multifamily Valuations Will
Remain Range-Bound Through 2018
Suburban Maryland Valuations Moving Slower Than a Terrapin; Multifamily to
Decrease
Sources: Reis, Maximus Advisors forecasts
Northern Virginia CRE Valuations Leveling Off
ACC: Bold Prediction
7
Miami Hospitality
Hotel Occupancies To Decline Amid Supply Additions Sweeping In Like a Hurricane
RevPAR Growth Will Slow Due to Increased Supply
Sources: STR, Maximus Advisors forecasts
ACC: Cellar Dweller
8
Pittsburgh Pittsburgh Employment Has Been Range-
Bound for Years… …While Population Growth is Non-Existent
Sources: BLS, Census Bureau, Reis, Maximus Advisors forecasts
Valuations Look to Remain Flat Through 2018
Big East Conference
Big East Region Economy and Demographics*
10
Big East Region Underperforming US
Big East Job Count Has Surpassed Prior Peak…
…But Job Growth Lagging US Pace
Regional Population Growing Only Half US Pace
Sources: Census Bureau, BLS, Maximus Advisors *Big East region defined as: CT,MA,NY,NJ,RI
Big East: Underrated
11
New York City Office New York City Office Employment Storming
Ahead
Sources: BLS, Reis, Maximus Advisors forecasts
Vacancies Will Approach 8% by 2018
Vacancies Have Descended Despite Massive New Supply
Big East: Overrated
12
Boston Apartment Boston May Be Overbuilding… Boston Apartment Vacancies Flying Like an
Eagle Due to Massive New Supply Additions
Sources: BLS, Reis, Maximus Advisors forecasts
Apartment Vacancies Already on the Rise, Will Plateau Near 6% as Supply Overtakes Demand
Big East: Bold Prediction
13
New York City Hospitality RevPAR Growth Stunted by Massive Supply
Pipeline NYC Hotel Occupancies to Fall Off in
Coming Years
Sources: STR, Maximus Advisors
NYC Hotel Valuations Will Remain Quiet Through 2017
Big East: Cellar Dweller
14
New Jersey
Argh Matey! New Jersey Population Growth Slowing
New Jersey Payrolls Still Well Below Pre-Recession Peak
Sources: BLS, Census Bureau, Maximus Advisors
Big East: Cellar Dweller
15
New Jersey
Central NJ Valuations Losing the Hunt for Buried Treasure
Northern NJ Valuations Heading Nowhere; Multifamily Walking the Plank
Sources: Reis, Maximus Advisors forecasts
Thank you for joining us for our NCAA Webinar series!
Peter Muoio, Ph.D. 646-‐352-‐9510 pmuoio@auc<on.com
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