STUDIO CITY, CA—Recognizing that most multifamily owners are not maximizing their wealth and cash flow and lack a comprehensive, long-term investment strategy, Warren Berzack, president of The Berzack Group and a principal of Lee & Associates-LA North/Ventura, put together the group's first annual multifamily investing seminar.
“Maximizing Multifamily Wealth & Cash Flow-Key Investment Strategies for 2013,” held Feb. 7, featured top experts in real estate accounting, law, lending and property management, along with The Berzack Group's multifamily specialists who bring more than 75 years of combined experience as both agents and owners. The evening drew 120 attendees who came to hear presentations on today's most essential investment strategies for increasing their wealth and cash flow and protecting their portfolios.
Session topics included Market Outlook and Maximizing Your Return; Leverage and Its Effect on the Internal Rate of Return; Understanding How Demographics, Geography & Politics Affect Your Property's Performance; Income and Estate Tax Minimization for Real Estate Investors; Avoiding Litigation in Today's Litigious Climate; and Gifting Real Estate-How to Make Your Kids Rich.
"I do not know how you could have assembled a better group of presenters,” said Richard Silliman, a multifamily property owner who attended the event. “It is the most informative gathering of that type that I have ever attended -- by far!"
Speakers included: Warren Berzack; Stephen Geiger, a partner of The Berzack Group and a Lee associate; George Yessaie, a Lee associate; Selwyn Gerber, CPA, founding partner of Gerber & Co. CPAs; Marc Stern, a partner of Greenberg Glusker in its Family/Strategic Wealth Planning Group; Dennis B. Ellman, a partner of Greenberg Glusker in its Real Estate Group; Cindy Gray, president/partner of Moss & Company and Chris Gray, EVP of Moss & Company; and John MacLean, client manager of Chase Commercial Term Lending.
The program, free to attendees, was held at Sportsmen's Lodge.
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David Phillips
David Phillips is a Chicago-based freelance writer and consultant with more than 20 years experience in business and community news. He also has extensive reporting experience in the food manufacturing industry for national trade publications.
