ULI held a panel discussion Tuesday entitled "Real Estate Rx--expert diagnosis for properties in distress". The panel was moderated by Fred Caldwell with Caldwell Companies and included: Fred Balda with Hillwood Residential; Russell Ingrum, Exec. Vice President, Investment Properties, Institutional Group CBRE Capital Markets; Jeff Majewski, Exec. Managing Dir., Grubb & Ellis and Tim Williamson with Wells Fargo Bank. The panel mirrored most recent expert opinions in that the worst is behind us, 2010 is much better than 2009 and thank god we live in Texas. Tim Williamson offered some hope for developers and investors looking for project funding. To the surprise of many he announced that Wells Fargo is increasing it's commercial real estate exsposure and is agressively lending money.
David Hightower with Wolff Companies, Jim Casey with CBRE and Rusty Tamlyn with HFF
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