(Missed RealShare Philadelphia? Connect with conference attendees anyway and watch and listen to sessions and more at RealShare Connect.)
PHILADELPHIA-Last week's RealShare Philadelphia event examined how the Philadelphia market is dealing with commercial real estate trends and why the area is becoming hotter to developers.
Key quotes from the event included:
"Fannie Mae is receptive to restructuring loans. The mistakes borrowers make is that they don’t sit down with the lender while they still have some cash they can contribute to a restructuring. They wait until they have nothing" - John Marr, senior vice president of Alliant Capital LLC
“I had a client tell me once that no one needs to come to work anymore.” - Ron Cariola, managing director, lead broker for Jones Lang LaSalle Philadelphia.
"The Philadelphia market is doing its best to embrace change by focusing on this speed to market in all aspects" - Paul Garvey, senior director of Cushman & Wakefield’s brokerage services group
Additionally, these event videos further delve into some topics that have been generating industry buzz as of late:
Lending Ramps Up For Assets - Timothy Proctor, senior vice president at TD Bank
Manufacturing Makes A Comeback - William P. Hankowsky, chairman, president and CEO of publicly-traded REIT Liberty Property Trust
Fannie & Freddie Won’t Go Away - Matthew McManus, a senior director at Marcus and Millichap Capital Corp
And finally, a brief slideshow captures some of the panels and much of the attendees during the event:
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1 / 10'; document.getElementById('credit').innerHTML=''; break; case 2: document.getElementById('photo').src='http://www.globest.com/newspics/audience1.jpg'; document.getElementById('caption').innerHTML='A shot of attendees from above
2 / 10'; document.getElementById('credit').innerHTML=''; break; case 3: document.getElementById('photo').src='http://www.globest.com/newspics/audience2.jpg'; document.getElementById('caption').innerHTML='A full house enjoyed the panels
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4 / 10'; document.getElementById('credit').innerHTML=''; break; case 5: document.getElementById('photo').src='http://www.globest.com/newspics/karen_randall.jpg'; document.getElementById('caption').innerHTML='Karen Randal spoke on a panel that examined development at the Navy Yard, around the universities and in local health care facilities.
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6 / 10'; document.getElementById('credit').innerHTML=''; break; case 7: document.getElementById('photo').src='http://www.globest.com/newspics/networking.jpg'; document.getElementById('caption').innerHTML='Taking a networking break between panels.
7 / 10'; document.getElementById('credit').innerHTML=''; break; case 8: document.getElementById('photo').src='http://www.globest.com/newspics/panel1.jpg'; document.getElementById('caption').innerHTML='Capital Markets Update
8 / 10'; document.getElementById('credit').innerHTML=''; break; case 9: document.getElementById('photo').src='http://www.globest.com/newspics/q_and_a.jpg'; document.getElementById('caption').innerHTML='Participating in the post-panel question and answer sessions.
9 / 10'; document.getElementById('credit').innerHTML=''; break; case 10: document.getElementById('photo').src='http://www.globest.com/newspics/transactions.jpg'; document.getElementById('caption').innerHTML='Hot discussion during the Transactions panel
10 / 10'; document.getElementById('credit').innerHTML=''; break; default: document.getElementById('photo').src='http://www.globest.com/newspics/applause.jpg'; document.getElementById('caption').innerHTML='Post-session applause
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