I’ve always believed that for every
challenge, there is a solution — and
an opportunity. The old adage that life
is “ 10 percent what happens to you
and 90 percent how you deal with it”
We all have work to do. To help
advance our industry and our nations,
I urge you to get involved. Call your
member of Congress, your member of
parliament and/or your senator. Ensure
that they know how what they’re doing
— or, in some cases, not doing! —
To make the most of this period of
industry prosperity, I also encourage
you to deepen your involvement with
NAIOP by attending our upcoming
industrial conference ( I.CON: Trends
and Forecasts, June 8-9 in Long
Beach, California) and the fall CRE.
Converge event (October 10-12 in
Chicago). I look forward to seeing you
there, as we celebrate NAIOP’s 50th
anniversary and acknowledge our accomplishments and the leaders who
have guided the association throughout its existence. n
By Jonathan Tratt, principal, Tratt Properties,
LLC, and 2017 NAIOP Chairman
In April, I attended my second meeting of the Real Estate
Roundtable (RER). NAIOP plays a fundamental role in
working with RER on industry-related coalitions and issues,
ensuring that our industry presents a cohesive voice to
the government about real estate’s important role in the
domestic and global economies.
The topics we discussed at the meeting were diverse and
included discussions with U.S. Secretary of Transportation
Elaine Chao and Secretary of Commerce Wilbur Ross Jr.,
both of whom are supportive of issues important to real estate. Chao is a steady hand with deep political knowledge,
and she is acutely aware of the need for infrastructure
improvements. She believes that both parties want a deal,
but Republicans want it to be tax neutral and Democrats
want government to pay for it. They are only $700 to $800
billion apart! While I’m hopeful that the new administration will enact an infrastructure program, I don’t expect it
to happen until 2018.
To me, what is important is that both parties demonstrate
leadership. President Trump was elected to be a change
agent in D.C., and I believe the vast majority of our elected
leaders are passionate about their service and want to do
the best they can for their constituents. Now it’s up to each
of them to work together for the good of the nation.
As NAIOP celebrates its 50th anniversary, I’m pleased to
report that the association continues to move in a positive
direction and is fully engaged with both the political issues
facing our industry as well as the industry-related topics
that either keep us up at night or are propelling our businesses forward during this period of growth.
I’ve enjoyed traveling to our chapters and, in particular,
visiting some of the smaller chapters and markets to learn
what makes them tick. I’ve appreciated the experience
of visiting diverse commercial real estate markets, from
Dayton, Ohio, to Reno, Nevada, to Seattle, Washington.
While these markets could not be more different, industry
leaders and their involvement in NAIOP are the threads
that connect them. I look forward to visiting more chapters
as the year continues.
At Closing THE CHAIRMAN’S PERSPECTIVE
Is the Glass Half Empty or Half Full?
AS I WRITE THIS, much is happening politically that impacts each of our
businesses. The ongoing strife in Washington, D.C., certainly gives us little confidence for the immediate future, with the ongoing battle over the health care
overhaul and dissention between the nation’s political parties over everything
from tax reform to enacting the “nuclear option” to confirm the newest associate justice of the Supreme Court.