Posted by: BayAreaComRE | May 10, 2010

The Milken Institute Global Conference Roundtable – Reviving the Commercial Real Estate Market

The Milken Institute is a publicly supported, nonpartisan, independent think tank whose work strives to make a difference in the lives of people worldwide by helping create a more democratic and efficient global economy. The Institute holds an annual economic summit with some major players from around the world giving capital-market principles and financial innovations to address social and economic challenges.

Near the end of April, the week-long conference was held in Los Angeles, and one of the hot panels was “Reviving the Commercial Real Estate Market,” with major real estate hitters including Harvey Green, President and CEO, Marcus & Millichap Real Estate Investment Services, Richard LeFrak, Chairman, President and CEO, LeFrak Organization, Peter Lowy, Group Managing Director, Westfield Group, Barry Sternlicht, Chairman and CEO, Starwood Capital Group, D. Michael Van Konynenburg, President, Eastdil Secured and the Moderator was Lewis Feldman, Partner/Los Angeles Office Chair, Goodwin Procter LLP.

The panel is truly a must watch, with many questions answered and many questions left unanswered. “When will we see CMBS issuance revive? Will investors approach the CMBS market any differently in the future? Will banks create financing incentives for landlords to hold on to their properties? Should the government intervene in the commercial market to the same degree it has in the residential market? Are there opportunities to snap up newly distressed properties that were once overvalued?”

Click below to begin the video:

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