30th annual UC/PNC Economic Outlook recognizes past, looks to the future

Longtime partnership between UC Real Estate Center, PNC Bank acknowledged

The 30th annual UC/PNC Economic Outlook was held Feb. 22 at Cincinnati Music Hall. Hosted by the UC Real Estate Center and PNC Bank, 350 attendees milled about Music Hall’s second-floor ballroom to network and hear insights into the latest local, national and international economic developments.

In his opening remarks, Real Estate Center Executive Director Carl Goertemoeller credited the center and PNC’s decades-long relationship with helping advance “one of the standout real estate programs in the country.”

In addition to the generous commitment from PNC Bank, the center’s premier partner, Goertemoeller acknowledged the support the center has received from its platinum partner, Eagle Realty Group, as well as its gold partners: Brandicorp, Hills Properties, Kroger, Neyer Properties, Inc., North American Properties, Inc., and Procter & Gamble.

The UC Real Estate Center is a very special place, and it’s special because of every single person in this room. This event has not been going on for 30 years because of us. It’s because of you.

PNC Bank Senior Vice President Pam Weber

PNC Bank Regional President Warren Weber said the center, PNC and the Economic Outlook will “continue to serve as a beacon of stability and trust.”

“To celebrate this significant milestone of our past 30 years together, we must look ahead to ensure that we’re continuing to innovate and embracing change for future generations of real estate students and leaders.”

Lindner Dean Marianne Lewis, PhD, complimented the center on its layered connections to the people and businesses of Cincinnati.

“Community, collaboration and partnerships are at our core, and that’s what I see here with this energy,” Lewis said. “Great universities need great cities, and vice versa. The Real Estate Center is a hub for talent, expertise and networking opportunities like this.” 

Keynote speakers

Prior to introducing program headliners Stuart Hoffman, MS ’73, PhD, ’75, senior economic adviser, PNC Financial Services Group, and Greg Valliere, chief U.S. policy strategist, AGF Investments, PNC Bank Senior Vice President Pam Weber thanked the center’s range of supporters.

Stuart Hoffman delivers his keynote address while standing on a stage.

PNC Financial Services Group Senior Economic Adviser Stuart Hoffman delivers his portion of the keynote address at the UC/PNC Economic Outlook.

“The UC Real Estate Center is a very special place, and it’s special because of every single person in this room. This event has not been going on for 30 years because of us. It’s because of you. You keep coming back to this event. You keep coming to classrooms, and you keep hiring our students.”

Hoffman and Valliere reprised their roles as the Outlook’s keynote speakers, with the former leading the audience through PNC’s 2024 economic forecast, touching on consumer confidence, the housing market, inflation, interest rates, manufacturing and non-manufacturing activity, and unemployment.

Valliere followed with perspective on geopolitical topics, including the 2024 Congressional and presidential elections, and the conflicts in the Middle East and Ukraine.

The event closed with Gary Painter, PhD, BEARE Chair and Professor of Real Estate, emceeing an audience Q&A with Hoffman and Valliere.

The UC Real Estate Center thanks its Board of Executive Advisors in Real Estate (BEARE) for their support. The BEARE represents the top leaders in the real estate industry, and its members guide the direction of the Real Estate Center and the real estate program.

  • Mario San Marco, BEARE Chairman, Eagle Realty Group
  • Scott Arentsen, Towne Properties 
  • Doug Armbruster, CORE 5 Industrial Partners 
  • Brian Banke, P&G 
  • Traci Boeing, WesBanco Bank 
  • Mike Brandy, Brandicorp 
  • Chad Burke, GBBN 
  • Mark Caesar, Truist Bank 
  • Craig Coffman, Uptown Rental Properties 
  • Scott Csendes, KZF Design 
  • Michael Dooley, Bayer Becker 
  • Karl Dostal, MCM CPA’s and Advisors 
  • Brian Doyle, Messer Construction 
  • Jeff Eichhorn, Schueler Group
  • Bryant Fox, Park National Bank
  • Gregg Fusaro, CIG Communities 
  • Eric Gardner, Gardner Street Commercial Real Estate Group
  • Jason Gibson, Anchor Associates 
  • John Greiwe, Cintech Construction 
  • Louis Guttman, Hills Properties 
  • Michael Heekin, Hunt Builders 
  • Adam Hemmer, Paul Hemmer Company 
  • Nick Hodge, Essential Growth Properties 
  • Don Huffner, James Campbell Company 
  • Noah Juran, NorthMarq Capital 
  • Chip Kupferberg, BlueMark Capital 
  • Rob Lancaster, Kroger
  • Daniel Lessing, BDHP Architecture 
  • Joe Lockett, altafiber  
  • Bob Luebbe, Fifth Third Bank
  • Sean McGrory, Clark Schaefer Hackett 
  • Elizabeth Mangan, Miller Valentine Group 
  • Erin Mignano, Turner Construction 
  • Ken Moczulski, M-M Properties
  • Ryan Moore, North American Properties 
  • Shenan Murphy, Colliers International 
  • Abigail Murray, Viking Partners 
  • Rusty Myers, JLL 
  • Kyle Neumann, Bellwether Enterprise 
  • Dan Neyer, Neyer Properties 
  • Greg Olson, Urban Sites 
  • Ken Oswald, Oswald Company 
  • Kelly Postlewaite, BKD CPAs & Advisors 
  • Tom Powers, Cushman & Wakefield 
  • Ryan Reardon, Al. Neyer, Inc. 
  • Lee Robinson, Robinson Sotheby’s Realty
  • Josh Rothstein, OnSite Retail Group 
  • Jeffrey Sackenheim, SHP Architects 
  • Jeanne Schroer, The Catalytic Funding Corp. of Northern Kentucky 
  • Kevin Schutte, CBRE 
  • Paul Silva, Eagle Realty Group 
  • Martha Skelton, Huntington National Bank
  • Christina Sprecher, Frost Todd Brown 
  • Mike Spurlock, Ameritas Investment Partners 
  • Richard Sterling, First Financial Bank 
  • Dan Sutton, Kemba Credit Union 
  • Daniel Utt, Keating Muething & Klekamp 
  • Pamela Weber, PNC Bank 
  • Mark Wilhoite, ComptonAddy 
  • Kristin L. Woeste, Vorys, Sater, Seymour and Pease

March Roundtable welcomes Federal Reserve Bank of Atlanta president/CEO

Special guest Raphael Bostic, president and CEO of the Federal Reserve Bank of Atlanta, will join the Real Estate Center’s March Roundtable on March 25 at the Westin Cincinnati.

In conversation with Painter, Bostic will discuss equitable economic development, or how economic growth can be achieved without exacerbating economic inequality. Bostic and Painter will highlight policy levers and development practices that can help ensure that economic growth benefits all community residents.

Real estate students attend the UC/PNC Economic Outlook.

Students networked with peers and professionals at the UC/PNC Economic Outlook.

Featured image at top: From left: Lindner Dean Marianne Lewis, PhD; PNC Financial Services Group Senior Economic Adviser Stuart Hoffman; PNC Bank Senior Vice President Pam Weber; PNC Bank Regional President Warren Weber; AGF Investments Chief U.S Policy Strategist Greg Valliere; Gary Painter, PhD, BEARE Chair and Professor of Real Estate; UC Real Estate Center Executive Director Carl Goertemoeller; and Real Estate Center BEARE Chair Mario San Marco. Photos by Joseph Fuqua II.

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