As the association for international real estate investors focused on commercial property in the United States, AFIRE publishes and produces original insights, research, analysis, and thought leadership focused on the future of real estate and cross-border investing.
Institutions that form the Gulf Cooperation Council (GCC) would be wise to maintain the strategies and partnerships that allow timely execution when conditions align. The window does not stay open indefinitely.
Foreign investors now hold nearly 30% of US private real estate fund assets. Yet success is highly unequal between firms and funds. So, which firms succeed, which don’t, and why?
Stewart Rubin, Matt Wnek, and Marshall Swett of New York Life Real Estate Investors make the case for US commercial real estate—despite the global challenges.
In an article originally prepared for the Observer Research Foundation, Dr. Alexis Crow of PwC balances the growth of populism and strategy adjustments for the next CRE cycle.
The AFIRE 2026 Mid-Year Pulse Report tracks the latest shifts in global institutional investor sentiment and CRE, including updates on energy, housing, and new opportunities.
Summit Journal is the official, award-winning publication of AFIRE, the association for international real estate investors. Issue #22 was released in September 2026 and is fully sponsored by Yardi Investment Matrix.
How can investors gain a competitive edge when seeking deals in the hospitality sector? Explore the topic with the co-founder and managing partner of AWH Partners, Russ Flicker, about how his $2 billion hospitality platform leverages proprietary data and AI to make smarter decisions.
Institutions that form the Gulf Cooperation Council (GCC) would be wise to maintain the strategies and partnerships that allow timely execution when conditions align. The window does not stay open indefinitely.
Foreign investors now hold nearly 30% of US private real estate fund assets. Yet success is highly unequal between firms and funds. So, which firms succeed, which don’t, and why?
Stewart Rubin, Matt Wnek, and Marshall Swett of New York Life Real Estate Investors make the case for US commercial real estate—despite the global challenges.
In an article originally prepared for the Observer Research Foundation, Dr. Alexis Crow of PwC balances the growth of populism and strategy adjustments for the next CRE cycle.
The AFIRE 2026 Mid-Year Pulse Report tracks the latest shifts in global institutional investor sentiment and CRE, including updates on energy, housing, and new opportunities.
The 2026 Mid-Year AFIRE International Investor Survey: 2026 Outlook has 20 questions and will take around 10 minutes to complete. Deadline: Friday, August 14, 2026.
Tomikawa served as Managing Officer and Chief Operating Officer of the Real Estate Solution Services Division until 2015. Between 1989 and 1995 he was Vice President at Mitsui Fudosan (New York). He was one of the founding members of Mitsui Fudosan Investment Advisors established in October of 1997, President & CEO in 2015 and Chairman from 2023.
Tomikawa was an adjunct lecturer at Keio University between 1998 and 2007, a member of University of Cambridge’s Real Estate Finance Advisory Board between 2004 and 2007, and Chairman of ULI Japan between 2016 and 2018. Tomikawa received B.A. in Economics from Keio University and MBA from Harvard Business School.
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