From left: Moderator Michael McCurdy of Jones Lang LaSalle,
Bob Walters of CB Richard Ellis, Art Pasquarella of BPG Properties,
Bill Glazer of Keystone Property Corp. and William Hankowsky of
Liberty Property Trust opened RealShare Philadelphia with the
state-of-the-market Town Hall Meeting.
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Michael Desiato (left), vice president and
group publisher at ALM’s Real Estate
Media Group, moderated the RealShare
New Jersey session, “Inside the Real
Estate Mind,” with Charles Klatskin,
managing director, industrial, for Jones
Lang LaSalle.
“We need to bring down the barriers to investment. We
understand that the costs in Philadelphia are higher than
other cities, and we have to tackle those costs,” said
Andrew Altman, Philadelphia deputy mayor, at RealShare
Philadelphia.
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The Treasury’s proposal to force lenders to allow
homeowners to remain in foreclosed residences for
seven to 10 years is a mixed blessing, said Apartments
2009 keynoter Doug Culkin of the National Apartment
Association. “It would reduce the available renter pool in
2010,” he said. “On the other hand, it also would reduce a
big part of the shadow market.”
