John Affleck

Senior Director – Americas Research

Photo of john-affleck

Professional Experience

John Affleck serves as a Senior Director within the Americas Research group at CBRE Investment Management. Based in Boston, John is responsible for the firm’s commercial research, including logistics, life science and office.

Prior to joining the firm in April 2022, John worked at CoStar Group for 14 years in a variety of roles, including building and managing the Market Analyst team, leading the Quantitative Analytics Group, providing bespoke consulting services to key clients, and providing the firm’s coverage of the U.S. multifamily sector.

John began his career in commercial real estate in 2004 and has also worked with Cornerstone Research, a premier litigation consulting firm; John Burns Real Estate Consulting, a leading U.S. housing consultancy; and Property & Portfolio Research, a pioneer in forecasting commercial real estate markets.

John has authored research on the impact of interest rates on commercial real estate (CRE) returns, predictors of excess returns, real estate in the Lost Decade, methodology papers on same-store rent series creation, cap rate and price estimation, property-level forecasting and the case for CRE investment.

John holds a Bachelor of Arts degree in English Literature from Oral Roberts University and a Master of Arts degree in Economics from Boston University.