🦃 This week, we’re thankful for you, our BEC community! Your passion for CRE is the reason we exist and continue to improve each and every year. We hope you’re able to take some time this week to feast and share thanks with your loved ones!

But if you haven’t yet, make sure to secure your ticket to BEC 2024 before prices go up for good: use coupon code COMMUNITY by November 30 to save up to $700.

We just released our 2024 agenda and it’s jam-packed with opportunities for you to level-up. You’re not going to want to miss it.

More than an event… BEC is an experience!

Ben Lapidus, host and Co-Founder of the Best Ever Conference, is fired up.

The main reason Ben co-founded the Best Ever Conference was to bring together like-minded, high net-worth investors to share ideas, make deals, and party (without all the sales pitches).

But Ben also always envisioned something bigger. Something more unique. An event where each person attending could pick and choose from a variety of options to create their own, valuable experience. (Like Disneyland for investors!) Check out the just released, jam-packed agenda »

In 2024, that vision will be evident — from a new digital platform to help you pitch or evaluate deals and an incredible line-up of diverse thinkers on the main stage to specialized tracks, a bigger than ever Verivest Pitch Slam, and a new partnership with Left Field Investors.

Learn more about what why this year’s conference is going to be a can’t miss experience for investors. »

(Don’t have your ticket yet? Make sure to register by November 30 to get the best deal).

Best Ever Hot Takes🔥

❄️ Rent Rises Cool, Inflation Follows: According to the Consumer Price Index, inflation was flat in October, bringing the annual inflation rate to 3.2% — its lowest pace since June — amid cooling rent increases.

📉 Class-A Multifamily Rents Might Not Stabilize Until 2025: Apartment rents have flattened in recent months with a historic wave of new construction. And yet, housing will likely remain undersupplied allowing for a return to rent growth in early 2025.

🏦 Fed Senses Trouble: The Fed's November report calls out risky commercial real estate lending as a problem area despite asserting banks' overall soundness and adequate capital/liquidity levels.

🧠 Elon Musk’s Smart City: ​​Several billionaires have announced plans to build their own smart cities in recent years. But so far, some — like Elon Musk’s planned city of Snailbrook — have run afoul of residents and regulators.

Rooms are going, going…

Opened in early 2023, the Salt Lake City Hyatt Regency is a magnificent property… and it’s where all the Best Ever Conference action takes place.

From the modern rooms and ridiculously amazing views of the Wasatch Mountains to it’s location in the heart of the city yet only thirty minutes from world-class skiing, it’s the perfect home base for your time in SLC. (Our $219/night event rate can’t be beat either!)

And because 1200+ BEC attendees will be filling the Hyatt rooms, you’ll have every opportunity to bump into your next possible partner, whether in the fitness center, grabbing coffee, or in the elevator.

However, since Salt Lake City is so popular at this time of year, and we’ve received word of another large event happening during BEC, it is imperative that you book your room as soon as possible!

What We’re Binging This Week

Best Ever CRE Podcast: Commercial real estate experts Slocomb Reed, Ash Patel, and Joe Cornwell share lessons learned from their best and worst experiences in real estate investing. Listen today.

Book: Stillness Is the Key by Ryan Holiday. November’s Best Ever Book Club read, Holiday draws on Buddhist philosophy to show why slowing down is the secret to success.

Economic Summit: Wondering what’s ahead for 2024? We had five CRE experts gather for a 90-minute rapid-fire discussion on everything from cap rates to politics. It was quite a show, filled with insights and some good banter. You can still get all the insights on-demand.