The deal-making lull is an engaging opportunity for professionals to meet, talk and explore what's happened as they adjust to the times and chart new courses for profitability. The discovery period is being spotlighted Nov. 13 at the seventh annual RealShare Dallas. To date, more than 250 professionals from all CRE walks have signed up for the half-day session, which will be held at the Hotel Inter-Continental Dallas at 15201 Dallas Pkwy. in Addison.
With the economy continuing to lead the nation's news, RealShare Dallas has lined up an economist and top-ranked owner of office buildings in Texas as one of the headliners. Zaya Younan, chairman and CEO of Los Angeles-based Younan Properties Inc., will sit in a one-on-one interview with John Salustri, editorial director of Real Estate Media, a division of UK-based Incisive Media, which also is the parent of the RealShare Conference Series and GlobeSt.com.
Younan's background as an economist and opportunistic buying strategies promise to deliver macro and micro perspectives, including why it's such a good time to buy. "As an economist, he can offer good insights and extrapolations as to what's happening in the macro economy and its likely impact on commercial real estate as well as offer an outsider, California-based view of how the Dallas market compares to the rest of the country," says Richard Kelley, director of the RealShare Conference Series, part of Incisive Media Events.
Younan will delve into how hard Texas in general and Dallas/Fort Worth specifically will get hit by the fallout as the national economy creeps toward recovery and stabilization. The impact goes under further scrutiny at lunch when keynote speaker Curtis Spencer, president of IMS Worldwide Inc., talks about the recession's affect on the emerging inland port in southern Dallas County. The Texas native has delivered more than 185 Foreign Trade Zone projects nationwide.
Additional market insight will be provided during the traditional town hall meeting, which is being moderated by Moody Younger, executive managing director of Texas for Santa Ana, CA-based Grubb & Ellis Co. The "Who's Who" panel, crisscrossing all sectors, features Will Balthrope, senior director of the national multi-housing group of Encino, CA-based Marcus & Millichap Real Estate Investment Services; Jeff Turner, executive vice president of Indianapolis-based Duke Realty Corp.; Jack Minter, managing director of Chicago-based Jones Lang LaSalle Inc.; and Steve Van Amburgh, CEO of Dallas-based Koll Development Co.
RealShare Dallas' doors open at 7:30 a.m., setting a six-hour block into motion for back-to-back and concurrent sessions about the latest industry news, including tips from a powerhouse panel from the capital markets about getting deals done and what it costs in today's economic climate. Equally prominent leaders of industrial, office and retail will headline sector-specific sessions to show where their respective markets stand, where they are going and how best to wait out the wait.
"Our expectation is that commercial real estate has never had a greater need to be informed and well networked," Kelley stresses. "RealShare Dallas offers the real estate community to do both. It will help clear up confusions, answer some questions and bring together the crème de la crème of the industry."
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