Welcome to the new year. As many of you know, CBRE Econometric Advisors (CBRE EA) has seen a number of organizational changes over the past six months. While some talented individuals have moved on, we are now happy to report several new additions to the Econometric Advisors family. These changes will enable us to continue to provide the very highest caliber of economic analysis and forecasting services to the commercial real estate industry—just as in the past. In addition, Bill Wheaton will continue to remain actively involved in our business.

We are working more closely with CBRE, our parent company, to bring additional information and insight into our reports and forecasts. This will allow us to add qualitative information to our quantitative analysis.

With these changes, EA will continue to be a revenue-driven operating unit using the most sophisticated econometric tools to provide objective analysis and advice.

Recent Promotions
Matt Ciampa, Senior Economist, Industrial
Matt has been promoted to senior economist. He will continue to be our industry sector expert and to provide insight and thought-provoking research. The evolution of internet deliveries and store formats has changed the traditional logistics systems. Matt has kept a close eye on these trends and will be working with clients to understand and take advantage of this changing landscape.

Nadine Jones, Economist, Retail
Nadine has been promoted from research analyst. She is now our retail economist. Nadine will closely follow this quickly-evolving sector as the internet and changes in the economy continue to challenge old concepts with new ones.

Serguei Chervachidze, Head of Forecasting, Americas
Serguei will be working closely with Bill Wheaton to ensure that our models are operating at their highest levels, through backtesting and model enhancement. He will be comparing our past forecasts with market data and working to increase their accuracy.

Recent New Hires
Alex Krasikov, Economist, Office
Alex recently joined us from Clemson University. Alex has completed his masters and is working on his doctoral degree in economics. Alex will be monitoring employment, supply, demand and vacancy levels (which are just returning to their averages).

James Bohnaker, Economist
James joins us from Moody’s Analytics. He has a M.A. in economics from Old Dominion and a B.S. in mathematical economics from Hampden-Sydney College.

Jing Ren, Economist
Jing recently received her masters from Brandeis University and is finishing her Ph.D. in international economics and finance.  

Matt Vance, Economist
Matt comes to us from University of Colorado with a masters in economics. He also worked for Real Capital Solutions in Louisville, Colorado.

Evan Klein, Research Analyst
Evan has a B.S. from Boston University with a dual concentration in Finance and Management Information Systems.

Our team of economists will continue to develop valuable insight, analysis and viewpoints on economic, financial and market trends that impact commercial real estate. These individuals will be led by Jeff Havsy, Americas Chief Economist and Managing Director at Econometric Advisors.

We look forward to introducing you to our new team members. Feel free to reach out to us with your comments and questions. We look forward to seeing you in person over the next several months.