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Wednesday May 21, 2025

Will 2025 be a turning point for commercial real estate?

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First American Title National Commercial Services

2:30PM – 7PM

Economic Forum, Commercial Real Estate Panel Discussion and Networking Reception

Odeta Kushi | Deputy Chief Economist

Odeta Kushi is the deputy chief economist at First American Financial Corporation, a premier provider of title, settlement, and risk solutions for real estate transactions and the leader in the digital transformation of its industry. In this role, Kushi leads the development of analysis, commentary, and forecasts on trends in the real estate and mortgage markets. Kushi's research focuses on economic trends impacting real estate, including demographic shifts, affordability, and housing supply, as well as monitoring and analyzing quarterly surveys and economic data related to the housing industry.

Highly regarded as an industry expert, Kushi regularly delivers keynote presentations at national and international events. Kushi is also a frequent guest on top national and international television and radio programs, including Marketplace, CNBC, Yahoo! Finance, and Reuters TV, offering insights and perspectives on the forces shaping the housing industry. Her research has been published in leading business and industry trade publications, including The Wall Street Journal, U.S. News & World Report, Business Insider, HousingWire, and Inman News.

The commercial real estate (CRE) market stands at a crossroads in 2025. Signs of momentum are emerging, but uncertainties around interest rates, evolving demand, and lingering distress continue to challenge the sector. With price expectations narrowing, buyers cautiously returning, and debt maturities rolling in, the stage seems set for growth. 

However, questions linger: Has the era of distress peaked, or are we merely in the eye of the storm? Will urban offices remain the market’s Achilles’ heel? We’ll explore whether the CRE market’s long-awaited comeback is truly sustainable or if more turbulence lies ahead.

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Learn the local and national outlook from our economic expertise.

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This event will be hosted at:

Mill City Museum

704 S 2nd Street

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Drew Johnson

Data Center Lead & SVP of Development
Oppidan Investment Company

The REConomy

Stay up-to-date on the latest trends and insights with our podcast hosted by Chief Economist Mark Fleming and Deputy Chief Economist Odeta Kushi.

Listen to the Podcast

Event Schedule

2:30PM  Check-in

Minneapolis, MN 55401

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3:00PM  Economic Forum

3:45PM  Panel Discussion

4:30PM - 7:00PM  Networking Reception

Chris Sherman

President
Sherman Associates

Josh Krsnak

Chief Executive Officer
Hempel Real Estate

Principal
Endeavor Development

Josh Budish

LinkedIn
LinkedIn
LinkedIn

Panelists

Senator Amy Klobuchar 
will be joining our panel discussion.

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