HERNDON, Va., October 1, 2009 – NAIOP, the Commercial Real Estate Development Association, is bringing its annual real estate conference to the Sheraton Chicago Hotel & Towers in Chicago, October 14-16, 2009. To address the opportunities and challenges involved in conducting transactions in the distressed assets market, a new panel, Meet the Players in the Distressed Assets Market, has recently been added to the Development '09 conference program.
The dedicated panel comprising Development '09 sponsors with expertise in dealing with distressed assets will answer questions about potential buyers that include:
- Who is buying?
- What qualifications are they looking for?
- When will the capital sitting on the sidelines start to flow?
- What property types will get bought up first?
- How will the assets be valued?
- What are the expected rates of return?
"NAIOP recognizes that trends and opportunities in the commercial real estate industry seem to be changing on a daily basis" said Thomas J. Bisacquino, NAIOP president. "Development '09 offers industry professionals the most up-to-date information on market trends and the economy, along with real-world strategies and solutions for doing business in today's unique environment. The topic of distressed assets is one of the many relevant front-page trends in commercial real estate today that industry leaders will dissect at the conference."
In addition to the Distressed Assets Panel, the conference features timely education sessions as well as the return of the popular "CEO Insight" Sessions. CEOs representing some of the most notable companies in commercial real estate will share their unique experiences from their many years in the industry, along with strategies they have employed within their own companies to meet the challenges in today's market during these candid sessions. This year's lineup of CEO Insight presenters includes Michael Brennan, Brennan Investment Group; Bruce Cohen, chairman of the board and chief executive officer, Wrightwood Capital; Michael Mullen, CenterPoint Properties; Aaron Paris, Paris Development II; and Stephen Quazzo, Transwestern Investment Company LLC.
Attendees will also gain valuable insight on the state and future of the industry and the latest economic forecasts during the conference's Keynote Sessions. The list of distinguished keynote presenters scheduled to appear includes: Mark Dotzour, Ph.D., chief economist, Texas A&M University; John Kasich, former Congressman, chairman of the House Budget Committee and FOX News contributor; and Roy March, chief executive officer, Eastdil Secured.
Media are invited to attend Development '09: The Annual Meeting for Commercial Real Estate at no charge, but must be pre-registered. To register, contact Kathryn Hamilton at hamilton@naiop.org or (703) 904-7100. For additional conference information, or to learn more about NAIOP, visit www.naiop.org.
About NAIOP
NAIOP, the Commercial Real Estate Development Association, is the leading organization for developers, owners and related professionals in office, industrial and mixed-use real estate. NAIOP comprises 15,000 members in North America. NAIOP advances responsible commercial real estate development and advocates for effective public policy. For more information, visit www.naiop.org.