Date: February 20, 2025 | 1:00 PM EST / 12:00 PM CST
Duration: 1 hour
Credits: 1.0 AIA LU
Presenters: Stahler McKinney, Principal, FMI; Paul Fiorilla, Director of Research, Yardi Matrix; Ken Simonson, Chief Economist, The Associated General Contractors of America; Julie Hyson, Americas Portfolio Clients, Services & Industries Lead Project & Development Services, JLL; David Barista (moderator)
Cost: Free
Join the Building Design+Construction and Multifamily Pro+ editorial team for this live webinar, presenting the 2025-2026 outlook for the U.S. building construction market. It will take place Thursday, February 20, 1:00 pm eastern.
This 60-minute webinar will feature a panel of construction industry economists and market experts from Associated General Contractors (AGC), FMI, and Yardi Matrix. Each will present their 2025-26 forecast for key building sectors, including:
- Commercial office
- Data centers
- Healthcare
- Higher education
- Hotels
- K-12 schools
- Multifamily housing
- Retail/entertainment
- Warehouse/distribution
This free, one-hour webinar is worth 1.0 AIA LU.
Learning Objectives
- Review the 2025-2026 construction market forecast for several primary building sectors, including commercial office, data centers, healthcare, higher education, hotels, K-12 schools, multifamily housing, and retail.
- Discuss the market drivers for growth and major obstacles for these key building sectors, as well as the overall construction market.
- Discover market trends and design/construction innovations in these primary building sectors, including sustainability, decarbonization, health and wellness, and smart building technology.
- Understand the potential impact of the new presidential administration on the U.S. construction market and these key building sectors.
Meet the Experts

Stahler McKinney, Principal, FMI
As a principal in FMI’s strategy practice, Stahler specializes in guiding construction industry clients through complex strategic decisions. His extensive experience spans various stakeholders including general contractors, construction managers, specialty trade contractors, civil and infrastructure contractors, technology providers and industry associations. Stahler’s deep understanding of the unique challenges and opportunities his clients face allows him to help organizations grasp the context of their issues, which empowers them to make fact-based, data-driven decisions.

Paul Fiorilla, Director of Research, Yardi Matrix
Paul Fiorilla is Director of Research at Yardi Matrix, where he oversees research publications that include national and metro outlooks and white papers about industry trends. Paul recently passed his 25th anniversary in the industry. Before joining Yardi in January 2015, he worked for six years as an investment vice president in the research group of Prudential Real Estate Investors (now PGIM). Prior to joining PREI, he covered CMBS and CRE capital markets for Commercial Mortgage Alert for 12 years. Additionally, he serves as volunteer Editor in Chief of the magazine published by the CRE Finance Council and is a member of the publications committee of the Pension Real Estate Association (PREA). He regularly produces articles for industry trade magazines published by trade groups including AFIRE, NAREIM, Institutional Investor, CREFC and PREA.

Ken Simonson, Chief Economist, The Associated General Contractors of America
Kenneth D. Simonson has been Chief Economist for the Associated General Contractors of America, the leading national construction trade association, since 2001. He provides insight into the economy and what it implies for construction and related industries through frequent media interviews, presentations and The Data DIGest, his weekly one-page e-newsletter. Ken has more than 40 years of experience analyzing, advocating and communicating about economic and tax issues. Before joining AGC, he was senior economic advisor in the U.S. Small Business Administration’s Office of Advocacy. Earlier, he was vice president and chief economist for the American Trucking Associations. He also worked with the President’s Commission on Industrial Competitiveness, the U.S. Chamber of Commerce, the Federal Home Loan Bank Board and an economic consulting firm.

Julie Hyson, Americas Portfolio Clients, Services & Industries Lead Project & Development Services, JLL
Moderator

David Barista, Editorial Director, Building Design+Construction, Multifamily Pro+
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