Commercial Real Estate - Recovering, but what happens next?
Event Details
After residential real estate markets collapsed in 2007, many expected commercial markets to quickly follow, potentially creating further financial distress for US institutions. While liquidity disappeared in 2008 and 2009, it gradually returned and what followed instead was a strong recovery, with prices once again approaching peak levels. Join Dave Twardock, former President of Prudential Mortgage Capital Company and 1982 graduate of the Booth Business School for a discussion of how this market has evolved, where things stand today and what lies ahead.
Speaker Profiles
David Twardock (Speaker) '82
Retired President, Prudential Mortgage Capital Company
Dave Twardock recently retired from Prudential Mortgage Capital where he served as President for 14 years. He led PMCC's growth as it became the first financial institution to create a Multi-Product commercial real estate lending business buy buying Fannie Mae, FHA and Freddie Mac lending platforms and building CMBS businesses with creative business models. Dave currently serves on the Board of Directors of Boston Properties and formerly served on the Board of the Real Estate Roundtable. He is a graduate of the University of Illinois with a BS in Civil Engineering and the University of Chicago's Booth Business School.
Questions
Laura Furlong
Development Specialist
212.218.4270