2023 Economic and Commercial Real Estate Forecast

Cal Evans

Senior Director of Investor Relations and Market Intelligence

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Cal Evans joined Synovus in 2008 as a Commercial Real Estate Consultant and has directed Synovus market intelligence initiatives since 2014. In 2021, he was named Senior Director of Investor Relations and Market Intelligence, responsible for the communication between executive management, Synovus investors, and the general investment community. He is also charged with determining how economic factors influence commercial real estate and commercial/industrial lending. Evans chairs the company’s Economic Advisory Council and Economic Forecasting Committee where he serves as a subject matter expert on commercial real estate and regional economics. He is also a regulatory liaison to the Atlanta Federal Reserve Bank on economic and commercial real estate matters.

Prior to joining Synovus in 2008, Evans worked as a commercial real estate appraiser and private consultant in the Athens, Georgia area. He earned his BBA in economics in 1997 and his MBA in 2005, both from the University of Georgia (UGA). While completing his MBA, Evans taught undergraduate and graduate level finance classes at the Terry College of Business at UGA. In addition to conducting ongoing educational programs for several governmental, real estate, and business enterprises, he is a faculty member at the UGA/GBA Graduate School of Banking and the LSU Graduate School of Banking where he teaches real estate markets and finance.

Education

  • BBA, Economics, University of Georgia, 1997
  • MBA, University of Georgia, 2005

Affiliations

  • CRE Market Advisor, Georgia Association of Assessing Officials
  • Atlanta Urban Land Institute’s Capital Markets Committee
  • Treasurer, Historic Columbus, Georgia Foundation
  • Faculty Member, UGA/GBA Graduate School of Banking
  • Faculty Member, LSU Graduate School of Banking
  • Decade Chair Fundraising, Episcopal High School, Alexandria, VA

Summary of Responsibilities
As Senior Director of Investor Relations and Market Intelligence, Evans' primary responsibility is to manage communication between Synovus executive management and investors. He is also charged with determining how economic factors influence commercial real estate and commercial/industrial lending. He writes multiple thought leadership pieces on economic trends and presents often on current events to groups inside and outside of Synovus.