Real Estate Conference Explores Commercial Markets Outlook
A panel of experts examines the state of the market during the Center for Real Estate and Urban Analysis' "Commercial Real Estate: Recovery or Mirage?" event, held May 17.
From the state of real estate capital markets to commercial financing, experts from all aspects of the commercial real estate sector gathered at a May 17 event, hosted by GWSB’s Center for Real Estate and Urban Analysis and George Mason University’s Center for Real Estate Entrepreneurship, to discuss the future of the industry and the challenges ahead.
Among other topics, speakers explored the state of the commercial real estate market in Washington, D.C. Panelists were bullish about the Washington area’s prospects for growth, spurred in part by the influx of young people flocking to the city. “It’s a question of jobs. Washington is the number one migratory city. It’s got jobs, culture and quality of life,” said Deborah Ratner Salzberg, president of real estate operating company Forest City Washington. In addition to the federal government driving D.C.’s real estate market, several Fortune 500 companies are establishing offices in Washington and the city continues to attract foreign real estate investors.
For a complete list of speakers and panelists, please visit: http://business.gwu.edu/creua/conferences/commercial-real-estate-recovery-or-mirage.cfm
Posted by gwsb on May 17, 2011 | Filed under: GWSB News.
Within this forum, were there specifics discussed regarding how banks will handle the continuing problem with their commercial loans, specifically on vacant land and other assets in this relatively illiquid category? What was the general outlook regarding lending going forward for the remainder of 2011? As we are seeing a significant increase in investment activity, especially in the multi-family arena nationwide, the ship still has some holes in her that have not yet been plugged. Thank you in advance for any response.