27th Annual Cornell Real Estate Conference - New York, NY

27th Annual Cornell Real Estate Conference
Unprecedented Challenge and Opportunity

Date:
October 1 and 2, 2009

JPMorgan Chase Conference Center
New York, NY

Panels at this 2 day conference will address topics including:

Residential
The root of our problems (and a sign of recovery?)
Many of the problems we are now experiencing began in the single family home market, when the valuation bubble popped, foreclosures soared, and financial institutions cratered. We will hear from Bob Toll, CEO of Toll Brothers, and other senior housing executives, on what they are seeing in this market and how they assess their industry’s future prospects.

Capital 3.0
It is clear that the commercial real estate industry lacks sufficient debt capital to function. We need a new solution to replace the “broken, but huge” CMBS sector. The key question is when will lending capacity return, in what form, and with what terms and conditions. Our speakers include a broad cross section of debt capital providers, from traditional lenders such as commercial banks and life insurance companies, to sovereign wealth funds, domestic pension funds and private equity firms.

Workouts and Distressed Opportunities
Foreclosures and workouts are expanding exponentially as the severity and duration of the downturn increases. For many industry participants, including many CMBS lenders and servicers, this is unfamiliar territory, and even seasoned workout specialists are questioning how this distress scenario will play out. To provide some answers, we have assembled a panel of leading restructuring professionals and a group of opportunistic investors targeting these distressed situations to discuss how they evaluate and price risk, and what they have learned from prior cycles and from their “too early investments” during this cycle.

For more information and to register, visit:
http://realestate.cornell.edu/council/index.php/annual_conference