On this episode of Inside CRE, we’re joined by Ada Healey, Chief Real Estate Officer at Vulcan Real Estate, recently honored as NAIOP’s 2025 Developer of the Year. Ada reflects on what this recognition means for the team and shares lessons learned since Vulcan first earned the award in 2013. She discusses how the company’s relatively small core team has delivered more than 13 million square feet of transformative projects, guided by values of prosperity, sustainability, urban vitality, and engagement. Ada also offers insights on navigating market cycles, fostering inclusion, and embracing innovation, while looking ahead to opportunities both in Seattle and beyond. Recorded on Aug. 21, 2025.
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Carey Heyman, CLA
In this episode, we welcome back Carey Heyman, managing principal for the real estate industry at CLA. Carey breaks down the newly enacted One Big Beautiful Bill Act and what it means for commercial real estate. He covers key provisions like 100% bonus depreciation, Section 179 expensing and business interest deduction relief, along with updates to the Opportunity Zone program, including rural investment incentives and expanded reporting requirements. Carey also shares strategies for balancing today’s tax advantages with uncertainty around tariffs, offering practical insights to help firms enhance benefits, manage costs, and stay ahead of emerging risks. Recorded on Aug. 7, 2025.
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Mark Roberts, Crow Holdings
Mark Roberts, managing director of research at Crow Holdings, joins the podcast to share his insights – from macroeconomic trends to individual asset classes. He sees current valuation lags in open-end funds as a rare investment opportunity and predicts inflation will fall below 2% by year’s end. Roberts remains optimistic about the economy, citing strong household balance sheets, business investment, and low credit spreads. He highlights opportunities in retail, moderate-sized industrial assets, and select multifamily markets like Chicago and Miami, while advising caution in overbuilt metros like Austin and Phoenix. Emphasizing solid research and current market data over headlines, he concludes that real estate is poised to outperform bonds for the first time in years. Recorded on July 9, 2025.
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Gina Raimondo, Former U.S. Commerce Secretary
Former U.S. Secretary of Commerce Gina Raimondo delivered a candid assessment of the U.S. economy in her keynote remarks at NAIOP’s I.CON East conference in New Jersey last month: strong at its core but held back by what she called “self-inflicted wounds.” On this special episode of Inside CRE, you’ll hear Secretary Raimondo’s conversation with NAIOP President and CEO Marc Selvitelli, where she discussed the future of American industry and how strategic investment can help reshape the nation’s industrial future. Recorded on June 4, 2025.
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Mark Zandi, Moody’s Analytics
In this episode, Moody’s Analytics Chief Economist Mark Zandi joins us to unpack the extraordinary uncertainty facing today’s economy – on par, he says, with the global financial crisis and the COVID-19 pandemic. Drawing from insights shared during his keynote at NAIOP’s National Forums Symposium, Zandi discusses the weakening labor force, volatile economic policy, and growing pressure from tariffs and immigration shifts. He explores how inflation, interest rates, and consumer trends are affecting commercial real estate and why many developers are in a holding pattern. For an industry built on long-term decisions, navigating a short-term, policy-driven fog is a major challenge. Recorded on June 11, 2025.
Inside CRE features interviews with commercial real estate leaders who share industry and career insights. NAIOP, the Commercial Real Estate Development Association, is the development industry’s leading source for education, advocacy and connections that drive your business forward. Inside CRE is brought to you by CLA. To learn more about NAIOP and join a network of over 21,000 commercial real estate professionals, visit www.naiop.org.
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