Credit Concerns Take Center Stage

IRVINE, CA-People were already starting to wonder if the pending subprime mortgage meltdown would affect the commercial real estate industry when RealShare Orange County convened a year ago. Now that the annual Orange County conference is about to convene again, RealShare conference director Rich Kelley says there could hardly be a better time and place for commercial real estate professionals to ask questions and find answers about where the industry is headed in light of the credit crunch fallout from the subprime lending fiasco.

“This is probably one of the first chances that most people have had to gather in a setting like this and to ask questions of industry leaders regarding the outlook for the capital markets,” Kelley says. “At last week’s RealShare Inland Empire, everybody in the audience was raising their hands and asking about what is going on in the capital markets and what the outlook for the industry is.”

RealShare Orange County’s fifth annual conference is set to run from 7:30 a.m. through a noon networking luncheon on Tuesday, Aug. 28 at the Hyatt Regency in Irvine. The crowd this year is anticipated at 400 or more, up from last year, according to RealShare group conference manager Colleen McShane.