The nations unemployment rate is 10%, following the conclusion of a recession which began in December 2007 and apparently ended in late 2009. However, the unemployment rate in certain geographic areas, including California is higher than the national average, leading to a further erosion in real estate fundamentals. In this panel, hear from leading experts who will connect the dots between recession, recovery and unemployment to the future outlook for real estate acquisition and development activities in a distressed climate.
Moderator: Brian Klebash, Director of Events, GREENPEARL EVENTS
Robert Knakal, Chairman, MASSEY KNAKAL
Christopher Thornberg, Principal, BEACON ECONOMICS
Sam Chandan, President and Chief Economist, REAL ESTATE ECONOMETRICS LLC
R. Rand Sperry, Co-Founder, SPERRY VAN NESS INTERNATIONAL
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