2026 Real Estate Forecast

Register Now

January 14, 2026


OLC Education & Conference Center
9400 W Higgins Rd
Rosemont, IL

Speakers

Join NAIOP Chicago on Wednesday, January 14th for the 2026 Real Estate Forecast featuring Heitman’s Emi Adachi, Mary Ludgin, and Daniel Vickerman. Together, they’ll share insights into the forces shaping commercial real estate in 2026, drawing on their global perspectives and deep expertise in market strategy, capital trends, and sector performance.

Gain valuable insights into:

  • The 2026 economic outlook and investment opportunities across property sectors
  • Global capital flows and implications for U.S. markets
  • Climate risk, sustainability, and investor priorities

Don’t miss this annual forecast and in-depth discussion with three of the industry’s top leaders.

Location:
OLC Education & Conference Center
9400 W Higgins Rd, Ste 100
Rosemont, IL

Schedule of Events:
8:00 a.m. – Registration
8:30 a.m. – Program
9:15 a.m. – Q & A
9:30 a.m. – Adjourn

Registration Fees:
NAIOP Members – $80
DL Members – $70
Nonmembers – $100

Register Online
Download Registration Form (.PDF)


​Registration Deadline: Monday, January 12, 2026

Emi Adachi

Managing Director & Co-Head of Global Research
Heitman LLC

Emi Adachi is a Managing Director and Co-Head of Global Research at Heitman. She is an equity owner of the firm. Emi leads the North American and Asia Pacific research teams, overseeing strategy development and underwriting for all private equity and debt investments. She sits on the firm’s North American Private Equity Investment Committee and Valuation Committee. Additionally, Emi analyzes demographic and technological trends and their impact on real estate investment strategy and portfolio construction.

Emi received a BA with honors in Urban Studies from Stanford University. She is a member of the Stanford Alumni Real Estate Council, the Urban Land Institute Global Exchange Council, and the NAIOP Chicago Board.

Mary Ludgin

Senior Advisor & Global Investment Committee Member
Heitman LLC

Mary Ludgin is a Senior Advisor to Heitman and an equity owner of the firm. She is a member of the firm’s Global Investment and Global Management Committees. She is responsible for overseeing the firm’s work in the realm of sustainability and serves as editor of the series on climate risk that Heitman authored in collaboration with the Urban Land Institute (ULI). The fifth report in that series was released in 2024; it focused on climate-related increases in insurance cost. Prior to transitioning into her role as an advisor, Mary was Senior Managing Director and Heitman’s Head of Global Investment Research, a position she held for over 25 years.

Mary served as a Global Trustee of ULI and as chair of ULI’s Chicago District Council. She previously served as Chair of the Pension Real Estate Association, Chair of the Board of ULI’s Randall Lewis Center for Sustainability in Real Estate, President of the National Council of Real Estate Investment Fiduciaries, and President of the Real Estate Research Institute. Mary is the recipient of several industry awards, including the 2019 PREA James A. Graaskamp award, which recognizes researchers whose work contributes to the common body of knowledge regarding real estate investment, and the 2023 Goldie Initiative Shero Award for her career achievements in commercial real estate and commitment to helping other women succeed in the industry.

Daniel Vickerman

Senior Vice President
Heitman LLC

Dan is a Senior Vice President in Heitman’s Investment Research group. He is responsible for analysis of the office and industrial property sectors for Heitman, researching trends in macroeconomics, capital markets and property market fundamentals in order to form investment strategies.

Dan received a BBA in Real Estate & Urban Land Economics from the University of Wisconsin – Madison.