Meeting of the Minds: Buyers, Sellers Converge

LOS ANGELES-“Buyers and sellers are coming together in this market because we are seeing a lot more transactions actually take place now,” said Laurie Lustig-Bower, executive vice president of CB Richard Ellis Inc. at Thursday’s RealShare Apartments 2010 conference. The event, held at the Westin Bonaventure in Downtown Los Angeles, drew more than 1,200 attendees.

Lustig-Bower joined six other panelists and moderator Andrew Kirsh, a partner at Raines Feldman LLP, on the afternoon’s brokerage panel, “In the Brokerage Trenches: the In’s and Out’s of Getting Deals Done.” Before the panel and RealShare event, the group polled RealShare attendees about their thoughts on the market and revealed their responses. Most of the results, according to panelists, weren’t too surprising.