When Courtland Development CEO Jon Napper found an opportunity in the Dallas neighborhood of Deep Ellum to convert a brick-and-timber warehouse into a loft-style office, he had no idea what was beneath the foundation. Located in what was an industrial area in the 1930s, the property’s parking lot was the site of an old icehouse and an environmental disaster, Napper said.
Millennials, Gen-Xers and baby boomers have distinct demographic profiles and approach jobs, debt and their living situations differently, Pew Research Center senior researcher Richard Fry, Ph.D., tells GlobeSt.com. Fry will be presenting the session “Piecing Together the Population Puzzle” during NAIOP’s CRE.Converge conference in Chicago Oct. 10-12. The session will dive into the patterns and predilections of demographics, related economics and what it all means for CRE. We spoke with Fry about how millennials’ characteristics have changed over time, how debt influences their living-situation decisions and how Gen-Xers, millennials and baby boomers differ in their economic perspectives.
The fall 2017 application period for the NAIOP National Forums is now open, closing September 12, 2017. Apply now to be a part of this exclusive program.
See all NAIOP News