Nationally-Recognized Real Estate Experts Present at Firm's 2nd Annual Real Estate Conference
Much has been written about the problems currently confronting the commercial real estate market. Between 2007 and 2009 there was a 90 percent drop in the number of transactions closing. Many billions of dollars in commercial real estate loans will need to be refinanced over the next few years. Investors are concerned about property values. Fannie Mae and Freddie Mac are re-formulating their business strategies.
Yet, despite the legitimate concern about the commercial real estate market, deals are getting done. How deals are getting done in this environment was one of the primary topics for the firm's 2nd Annual Real Estate Conference, “Real Estate in 2011 – The Future: More Clearly in View.” Presenters at the day-long conference included nationally known developers, lenders, investors and observers. Renowned commercial real estate broker and blogger Robert Knakal, chairman of Massey Knakal Realty Services and Editor of StreetWise, was the luncheon speaker.
Organized by Howard R. Majev, co-chair of the Transactional Real Estate Practice Group, the conference drew more than 200 industry professionals from throughout the Mid-Atlantic region. James E. Goodrich a member of the Project and Resource Development Practice and Transactional Real Estate Practice Group, moderated the panel discussions.
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