Dr. Delores Conway, director of the Casden Real Estate Economics Forecast at the USC Lusk Center for Real Estate, is quoted in the May/June 2009 edition of the Journal of Property Management
Recessionary Reaction; Sustainability, technology and healthcare offer industry opportunities in California
Journal of Property Management
By Darnell Little
...As the U.S. economy restructures, professionals who are versed in green technologies such as wind, solar, hybrid batteries and green infrastructure improvements will be at the forefront of cutting-edge real estate managers, according to Delores Conway, a business professor at the University of Southern California.
"This is a big movement in California," Conway said. "But it soon will be a big movement everywhere."
Conway also believes that property managers in California would do well to concentrate on the healthcare and biotechnology markets.
"Southern California is a biotechnology leader," Conway said. "Medical office space is doing all right in terms of the office market and senior centers are a niche market that is doing well..."
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May 31, 2009