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For Distressed Real Estate, 'Delay' bit of 'Delay and Pray' May Be Ending Soon

Top Real Estate Minds to Dissect "Extend and Pretend" or "Delay and Pray" Strategies and Review the Distressed Real Estate Landscape at GoldenNetworking.com's Real Estate Leaders Forum 2010

FOR IMMEDIATE RELEASE

PRLog (Press Release) - Mar 25, 2010 -
New York, NY, March 25, 2010 -- Following up on the success of Distressed Investing Leaders Forum 2010, GoldenNetworking.com is organizing Real Estate Leaders Forum 2010, "Successfully Investing in Distressed Real Estate Assets" (http://www.RealEstateLeadersForum.com), April 22nd, 2010, New York City, "Successfully Investing in Distressed Real Estate Assets". Real Estate Leaders Forum 2010 will be the avenue for all industry practitioners, investors, developers, owners, bankers, alternative lenders, brokers, lawyers, restructuring experts and consultants, to exchange ideas and obtain crucial insights to prosper in the current Distressed Real Estate environment.

Real Estate Leaders Forum 2010 will open with the panel "Is the "Delay" bit of "Delay and Pray" Now Coming to an End?" Commercial property values have fallen more than 40% since their 2007 peak. Vacancy rates are up and rents are down, further driving down the value of these properties. Meanwhile, banks have not written down the value of property as prices have fallen. Instead, lenders are still engaged in the "extend and pretend" or "delay and pray" strategies, holding property values steady.

Questions that this panel will answer include:

Is the moment of truth coming anytime soon?

Will the government force banks to implement these charge-offs?

If not, what will it take to get the market moving again?

GoldenNetworking.com's Real Estate Leaders Forum 2010 is produced by GoldenNetworking.com (http://www.goldennetworking.com), the premier networking community for business executives, entrepreneurs, investors and diplomats, founded by former McKinsey consultant Edgar Perez.

Upcoming Leaders Forums and Business Networking receptions include:

Banking Leaders Forum 2010, "Discerning the New Industry Landscape (If Possible)" (http://www.BankingLeadersForum.com), March 25th, 2010, Washington DC

High-Frequency Trading Happy Hour, (http://www.HFTHappyHour.com), April 5th, New York City

Venture Capital Leaders Forum 2010, "Setting the Stage for Transformational Change" (http://www.VCLeadersForum.com), May 13t, Boston, MA

Panelists, speakers and sponsors are invited to contact GoldenNetworking.com by sending an email to info@goldennetworking.com. GoldenNetworking.com has been frequently featured in the press, including recent articles in The New York Times, "GoldenNetworking.com Helps Job Seekers Make Overseas Connections" (http://www.nytimes.com/2009/11/07/nyregion/07network.html) and Columbia Business School's Hermes Alumni Magazine, "10 Under 10" (http://www7.gsb.columbia.edu/alumni/news/ten-under-ten).

Contact:
Edgar Perez
Founder
GoldenNetworking.com
New York, NY
516-761-4712
eperez@goldennetworking.com
http://www.goldennetworking.com

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Contact Email:
***@goldennetworking.com Email Verified
Source:Edgar Perez
Phone:516-761-4712
Address:New York, NY
Country:United States
Industry:Real Estate
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Last Updated:Mar 25, 2010
Shortcut:http://prlog.org/10593753
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