Editor’s Letter

Welcome to our year-end double issue, which offers a glimpse into what we might expect in 2023.

Our cover feature on FirstService Residential shows how management has changed in recent years, and all it has done to adapt to changing times. And it’s clear that times will continue to evolve.

The respondents to the Urban Land Institute’s and PwC’s annual Emerging Trends in Retail survey remain warily optimistic, its new report observed. Look for the housing boom to moderate, industrial space (a darling for the last few years) to settle a bit as construction catches up with demand and even retail to approach normalcy. What might become the new normal is previewed in our overview of proptech conference Blueprint, which was dominated this year by practical solutions rather than venture capital money.

Our contributors shed light on other aspects of the industry. Look for an in-depth discussion of changes to the title industry byleader Joe Powell, and Avalara’s Pam Knudsen tells us when it’s time for short-term rental investors to consider hiring professional help.

As the year draws to a close, we even do some armchair traveling, visiting Ellinikon, the upcoming smart city-within-a-city being developed in Athens, Greece. Being built on the site of the old international airport, it’s a major example of re-using obsolete space — and I’m desperately trying to figure out an excuse to visit.

Wherever your travels take you (or don’t) this holiday season, have a blessed and healthy celebration, and a happy 2023!

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