Treasury Secretary Timothy Geithner said recently that growing problems in commercial real estate won't set off a new banking crisis and that both the financial system and economy have stabilized.
But some financial and economic analysts say these first signs of growth are only temporary and that Geithner's recent assurances about commercial real estate are reminiscent of similar remarks made by federal officials when the subprime crisis began to evolve.
Join government officials and regulators in Washington, D.C., as we dispel what's happening in both the residential and commercial real estate realms and what might be stalling momentum in the U.S. financial markets. Participate in conversations discussing lenders' unbooked losses on defaulted commercial real estate and construction loans, the diminished cash flows on both the residential and commercial sides, the root cause of depreciated collateral values, and the reasons behind prolonged delays in selling or renting residential and multifamily properties.
May 13-14, 2010 || Willard InterContinental Hotel || 1401 Pennsylvania Ave. N.W., Washington, D.C. 20004