Industry Leaders: ‘Less Whining, More Movement’

LOS ANGELES-The industry’s greatest problem these days isn’t the slow economy or lack of movement; it’s the pervading sense of negativity among market participants. That was the general consensus of the experts on the Industry Leaders Panel, a featured session during the RealShare Apartments 2010 conference, held Thursday at the Westin Bonaventure Hotel in Downtown Los Angeles.

When discussing the economic rebound, Al Brooks, president of commercial lending for Chase, said that although it’s a slow turnaround, the situation overall is good. “We’re so hung up on looking for the negatives that we don’t notice the enormous wind at our backs,” he commented.