Thursday, September 10, 2009

First Distressed Assets Conference on Tap

DALLAS-With the growing number of distressed assets hitting the marketplace, advice, counsel and wisdom needs to enter into how to take advantage of the opportunities. This is the main purpose of the first annual RealShare Distressed Assets, which will take place on Sept. 14: to provide attendees with information to help them make their way through the distressed asset market.

The conference will take place from 7 a.m. to 5:30 p.m. at the Adolphus Hotel in downtown Dallas, and is presented by RealShare, in conjunction with Real Estate Forum and GlobeSt.com. According to RealShare Conference producer Jason Young, the physical conference, which is national in breadth, was an outgrowth of a RealShare/GlobeSt-produced webinar that aired earlier this year.

With 300 people having attended that webinar, "we realized our readership appreciates hearing about those topics, and thought it would be a good idea to translate this to a full-day conference," Young tells GlobeSt.com.

Furthermore, Dallas was selected as a location because of its convenience to East and West Coast speakers and attendees. Young says the initial thought was to put the conference in an area with the highest rate of distressed assets hitting the market. But those were areas, he explained, that were already the site of tons of conferences about the topic.
"People are so exasperated with the distressed asset movement and so buffeted by conferences about distressed assets, it made more sense to put it in Dallas, which hasn't really experienced that yet," Young explains.

The speakers will present expertise on topics ranging from opportunities in distressed assets and restructured finance, to how to find debt and equity in the current environment, to working with special servicers, to appraising distressed asset value. Also on the agenda is expert advice from lenders as to what types of assets might be making a comeback.

Young anticipates more than 200 people will show to hear the national take on distressed assets, to get some useful advice and, of course, to network. "This is a fine network opportunity for any real estate executive involved with distressed assets to meet and network with attendees and speakers," he adds. For more information about Real Share Distressed Assets, or to register

by Amy Wolff Sorter