JF3041: Why 2023 Will Be a Challenging Year for Real Estate ft. John McNellis

John McNellis is the principal at McNellis Partners, a commercial development firm. In this episode, he tells us why he thinks 2023 will be a challenging year for real estate, his thoughts on the current state of office and multifamily, his advice for beginners investing in retail, and why he believes real estate success is all about supply constraints. 

• Principal at McNellis Partners, a commercial development firm.

• Previous episodes:

• JF2470: How to Develop Shopping Centers with John McNellis

• JF2720: 4 Things to Know Before Your First Development Deal ft. John McNellis

• Portfolio: 

• 80+ projects — primarily shopping centers, also some office and residential

• Based in: Palo Alto, CA

• Say hi to him at: 

• mcnellis.com

• LinkedIn

• Greatest Lesson: Procrastination is the death of success.

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