WASHINGTON, Sept. 15, 2014 /PRNewswire/ -- Cassidy Turley, a leading commercial real estate services provider in the U.S., announced today that Chief Economist Kevin Thorpe has won the National Association for Business Economics' (NABE) Outlook Award, which is presented annually to the NABE Outlook Survey panelist with the most accurate economic forecast for the previous four quarters.
The NABE Outlook is a quarterly survey that provides forecasts of macroeconomic variables such as Gross Domestic Product, unemployment rates, the Consumer Price Index and 10-year Treasuries and is made by a panel of professional economic forecasters. NABE presented the inaugural NABE Outlook Award at the 2000 NABE Annual Meeting, and has continued to present the honor at every Annual Meeting since. NABE will present the award to Mr. Thorpe on September 29 during the 2014 NABE Annual Meeting in Chicago. A complete list of NABE Outlook Award winners is available online at: http://nabe.com/publib/otlkawd.
"Kevin's insight is essential to our firm," said Joseph Stettinius Jr., CEO of Cassidy Turley. "He leads an outstanding research team that's instrumental to our success across the U.S., and, more importantly, the interaction and guidance he provides clients is unrivaled in our industry. We are extremely proud of Kevin and his team for winning this award."
As Cassidy Turley's Chief Economist, Mr. Thorpe leads the firm's research and analysis of commercial real estate markets. His research group produces studies and statistics on topics affecting the national and local economy, capital markets, finance, leasing fundamentals, property and project management and other factors that affect supply-demand fundamentals in commercial real estate. He has developed several econometric models to predict commercial real estate market trends, has authored numerous studies and survey reports and regularly provides media commentary on the commercial real estate market and related business trends.
"At Cassidy Turley, we put a great deal of thought and effort into our research and forecasting methods so NABE's Outlook Award is a tremendous honor," Mr. Thorpe said. "Whether it was 98% skill and 2% luck, or, more likely, the other way around, we are thrilled to receive the award and will continue to make every effort to provide accurate forward-looking analysis".
To download a photo of Mr. Thorpe, follow this link.
NABE is the premier professional association for business economists and those who use economics in the workplace. Since 1959, NABE has attracted the most prominent figures in economics, business, and academia to its membership with highly-regarded conferences, educational and career development offerings, industry surveys, and its unrivaled networking opportunities. The NABE membership is organized into subject-oriented roundtables, including: Corporate Planning, Energy, Financial, Health Economics, International, Manufacturing/Industry, Real Estate/Construction, Regional/Utility, Small Business and Entrepreneurship, Technology, Transfer Pricing, and Transportation. Past presidents of NABE include former Chairman of the Board of Governors for the Federal Reserve System, Alan Greenspan, several former Federal Reserve governors, and other senior business leaders. For more information, please visit www.nabe.com.
About Cassidy Turley
Cassidy Turley is a leading commercial real estate services provider with more than 4,000 professionals in more than 60 offices nationwide. With headquarters in Washington, DC, the company represents a wide range of clients—from small businesses to Fortune 500 companies, from local non-profits to major institutions. The firm completed transactions valued at $25.8 billion in 2013, manages approximately 400 million square feet on behalf of institutional, corporate and private clients and supports more than 24,000 domestic corporate services locations. Cassidy Turley serves owners, investors and tenants with a full spectrum of integrated commercial real estate services—including capital markets, tenant representation, corporate services, project leasing, property management, project and development services, and research and consulting. Cassidy Turley enhances its global service delivery outside North America through a partnership with GVA, giving clients access to commercial real estate professionals in 65 international markets. Please visit www.cassidyturley.com for more information about Cassidy Turley.
SOURCE Cassidy Turley