Author: David Shulman
David Shulman is a senior economist for the UCLA Ziman Center for Real Estate and the UCLA Anderson Forecast. In March 2005, David Shulman retired from Lehman Brothers where he was Managing Director and Head REIT analyst. As the managing member of his own LLC, he is engaged in educational and charitable activities, including being an Distinguished Visiting Professor at Baruch College and a Visiting Professor at the University of Wisconsin.
Articles by David Shulman
- Commercial Real Estate’s Slow-Motion Slowdown: E-Commerce and Other Disruptors of the Seven-Year Boom
Published on July 18, 2016 in Capital Markets
Fueled by cheap money, low levels of new construction (except for apartments), and modestly improving demand, commercial real estate values have more than doubled from their financial-crisis lows of 2009. Nevertheless, prices are leveling off as investors have become concerned that the period of extraordinarily low interest rates may soon be coming to an end.
- Five U.S. Housing Rebound Predictions for 2016
Published on January 04, 2016 in Market Trends
After a long, hard slog, housing starts (both single- and multifamily) are poised to approach the long-term average (1959–2014) of just under 1.5 million units in 2016. This activity is far from the mid-2000s' boom level of above 2 million units a year, but it will yield some compelling new trends in the coming year, says UCLA Anderson Forecast senior economist David Shulman.