Ep. 017 Paul Hendershot: Commercial Real Estate National Mid-Year Economic Update | Podcasts

In this special episode, we talk with Paul Hendershot, Senior Director of Market Analytics at CoStar who delivers a comprehensive mid-year 2022 economic update and forecast for the commercial real estate industry. Paul Hendershot, a frequent participant at TCN conferences and one of our most highly-rated speakers, brings a unique skill set as a career economist in the CRE industry. He provides a broad perspective on the national economy, how the first half of 2022 is shaping up and the current inflationary environment. In today's episode, Paul focuses on three asset classes (office, industrial, and retail) and shares his insights on what's going on in the national economy.

What are the key components to keep an eye on during these turbulent times?

• How will rising interest rates and inflation impact the overall economy?
• On a regional basis how are the markets currently trending and what is the outlook for the remainder of 2022?
• Where are cap rates headed?
• Which product types will thrive and which will struggle in the year ahead?
• Paul closes by answering several questions provided by TCN Worldwide members.

Paul Hendershot, Senior Director of Market Analytics, CoStar Group

As Senior Director of Analytics for Costar, Paul oversees creating compelling data and analysis to enhance the visibility and understanding of the North Texas, Oklahoma, and Arkansas markets. Previous positions include Director of Research for the Carolinas for JLL, Director of Research for the Charlotte Chamber, and Adjunct Professor of Applied Economics at the University of North Texas. His research has been highlighted in numerous publications, including the Wall Street Journal, Dallas Morning News, San Diego Union-Tribune, Bisnow, Charlotte Observer, and NPR.

In addition to Paul’s research experience, he served in the U.S. Air Force. He worked in Presidential Communications and volunteered to take part in Operations Joint Endeavor (IFOR) in Bosnia. Mr. Hendershot studied Sociology at the University of North Texas, receiving his B.A., graduating cum laude. He soon began his graduate work in Applied Economics at the University of North Texas, receiving his M.S. Outside of work, Paul is an avid aviator, enjoys traveling, and reading.