Experts Tackle Uncertain Q4, Make Predictions

NEW YORK CITY-Financial markets began to seize around this time last year, originating in a relatively small segment of the US financial market—namely subprime residential mortgages. Since then it quickly spread across financial market segments and borders. With the state of the market as a starting point, the second annual RealShare Investment & Finance Summit Sept. 10 in New York City will focus on where opportunities are across the market as we enter the fall season, while providing an update on the outlook for 2009.

Nearly 200 leading financiers, lenders and commercial real estate executives are expected to attend the event, which will be held at the Roosevelt Hotel at 45 E. 45th St. The full-day conference will open with an Investor Power Panel: “Is it Safe to Get Back in the Water?” with moderator Steve Pumper, executive managing director of Transwestern. Panelists include: Trevor Michael, managing director of real estate acquisitions at TIAA-CREF; Michael Fascitelli, president and trustee of Vornado Realty Trust; Stephen Quazzo, CEO of Transwestern Investment Co.; Michael Katz, co-CEO of Sterling American Property Inc.; and Robert Underhill, managing director and Capital Transactions Group Head of Shorenstein Properties LLC.

“Coming right after Labor Day with everyone back to work and wondering what to expect for the fourth quarter, the timing of RealShare Investment & Finance could not be better suited for industry leaders to gauge what kind of investment and financing activity might happen over the balance of the year and into 2009,” Richard Kelley, executive director of the RealShare Conference Series, tells GlobeSt.com. “Everyone in the industry wants to know when the capital markets will return to some sense of normalcy, when the much hyped ‘wall of capital’ will be put into play, and whether the fourth quarter will resemble the last six months or whether there might be a flurry of dealmaking.” Kelley continues, “the speakers we have lined up for RealShare Investment & Finance know the answers to these questions better than anybody else because they are the people who will make, or not make, things happen.”