**Important Update May 12th: Online registration is now closed. On-site registration will be available beginning at 7am, May 13th.**

Event Overview

GreenPearl Events, organizer of executive-level conferences and networking events is pleased to introduce the DISTRESSED REAL ESTATE SUMMIT: CHICAGO, on May 13th at the Holiday Inn Mart Plaza in Downtown Chicago. The nation’s premier distressed real estate and debt conference will offer a content-rich agenda combined with the ample networking time necessary for new business development in today’s climate. This is the third in our successful series of Distressed Real Estate Summits across the country. More than 700 attended our New York City event, in excess of 500 attended our Los Angeles event, and more than 400 attendees representing 250+ firms are expected to attend the DISTRESSED REAL ESTATE SUMMIT: CHICAGO. Ensure you or your company is included.

Featured Speakers

	Thomas G. D’Arcy, Senior Vice President, Hines Interests, Limited Partners Since coming to Hines in 1998, Tom D’Arcy has provided regional leasing and marketing assistance at the General Motors Global Headquarters in Detroit; the Huntington Center in Columbus, Ohio; and 2525 West End (a mixed-use development) in Nashville. As a manager, he was responsible for the leasing and marketing of the Chicago-area office portfolio, including the 1.3 million-square-foot Three First National Plaza building; the 850,000-square-foot 303 East Wacker building; the 650,000-square-foot 225 West Wacker building; and the 118,000-square-foot 29 North Wacker building – all in Chicago.
	Todd S. Rich, Managing Director Asset Management, Tishman Speyer Todd Rich is the head of asset management for Tishman Speyer in Chicago, with oversight over 13 million square feet of prime office real estate. Previously, Mr. Rich was based in London focusing on asset management for Tishman Speyer’s UK and European properties. He also worked in Tishman Speyer’s New York and Washington, DC offices. Prior to his career in real estate, Mr. Rich worked for JP Morgan Partners in NY. He is a member of the ULI Young Leaders Group and serves both on the BOMA/Chicago Labor Relations Committee and as a Trustee of the Joint Security Officers Training Fund.
	Bill Tennis, EVP and General Counsel, DiamondRock Hospitality Company Bill Tennis recently joined DiamondRock. Previously, Mr. Tennis served as Senior Vice President responsible for the Global Asset Management Group at Marriott International, Inc. In this role, Mr. Tennis was involved in numerous hotel restructurings and transactions with various hotel owners and lenders. Mr. Tennis joined the legal department of Marriott in 1992 after practicing corporate law in New York where he focused on mergers and acquisitions, leveraged buyouts and other corporate finance transactions with the law firm of Richards & O’Neil.

Conference Sponsors

DRES-Chicago: A Conference for Today’s Real Estate Climate

With history as our guide, we should be seeing great deals in distressed real estate and notes. Looking back to the early 1990s, we can all recall from experience, or from stories of our colleagues, buying and selling buildings and notes for forty cents on the dollar. However, today’s distressed market appears to be acting differently. Perhaps it’s the flow of nearly free cash to lenders from the government that’s delaying the inevitable. Perhaps note holders and special servicers are simply savvier than twenty years ago and have figured out how to stay afloat with bad loans, indefinitely. Regardless, distressed debt and property are not just the flavor of the month; there are serious economic and financial issues that have yet to come home to roost. Investors wait for the other shoe to drop (with billions in available funds) and wonder how to outsmart competitors and acquire assets at prices that should yield out-sized returns over the next five to twenty years. However, banks are not forthcoming with marketing their assets and some are turning to more extreme measures such as buying whole banks. Is this a good strategy? Further, lenders are under increasing pressure to extend loans that were issued during the high-leverage days. How much of the CMBS iceberg will meltdown in the next 3-5 years? Where are the opportunities today and over the next 12 months? Receivers appear to be one source for deal flow, but what are their motivations to sell? Will there ever be capitulation on the sell side, or will we need to return capital to investors and/or look elsewhere for returns?

Why Attend?

Find out how today’s most active investors and funds are approaching today’s distressed environment, the market outlook for distressed asset prices, and learn about the strategies that savvy buyers are employing to that will require new space the next 12-18 months. The fast-paced, multi-track conference format provides both breadth and depth into the timely and mission-critical issues that you, your investors, and your clients face today. See our Testimonials Section for real world references from speakers, sponsors, and attendees. Network with peers, including building owners, developers, investors, fund managers, top brokers, attorneys, and lenders. GreenPearl Events has a strong track record of bringing together the key players in the market and fostering an environment conducive to forging new relationships with clients and business partners. Over 80% of attendees are decision makers within their firms, and the average attendance at our conferences is over 500 attendees. Register today to take advantage of early registration rates.

DRES-Chicago Speakers

• Neil R. Aaronson, Chief Executive Officer, Hilco Real Estate
• Matthew Anderson, Managing Director, Foresight Analytics (a unit of Trepp, LLC)
• Albert M. Berriz, Chief Executive Officer, McKinley
• Sue Blumberg, Vice President, Northmarq Capital
• Michael E. Breier, Partner, Shepard Schwartz & Harris LLP
• Timothy P. Buss, CCIM, Senior Vice President / Director, NAI Hiffman
• John J. Butler, Managing Member, Durango Real Estate Investments
• Michael Carp, Executive Vice President, Berkadia Commercial Mortgage
• Christopher Carroll, Managing Director, Capital Markets, Cohen Financial
• David P. Cohen, Partner, Katten Muchin Rosenman LLP
• Matthew J. Coleman, Co-Head, D. E. Shaw Real Estate Advisors, L.L.C.
• Carlos F. Crespo, President/CEO, The NIGMA Family of Companies
• Thomas G. D’Arcy, Senior Vice President, Hines Interests, Limited Partners
• Gary K. DeClark, MAI, CRE, FRICS, Managing Director, Integra Realty Resources, Inc.
• Bob Flannery, Chief Operating Officer, JRG Capital Partners, LLC
• Tom Eggleston, Principal, Benham REO
• Lawrence C. Eppley, Partner, K&L Gates LLP
• Evan Gladstone, Executive Managing Director, NRC Realty & Capital Advisors, LLC
• William H. Glazer, President, Keystone Property Group
• Hon. Alan J. Greiman (Ret.), First District, Illinois Appellate Court
• David A. Grossberg, Partner, Schiff Hardin LLP
• John Hamilton, SVP Acquisitions & Business Development, Pyramid Hotel Group
• Richard A. Hanson, Principal and Founder, Mesa Development, LLC
• Robert C. Hazard III, VP of Acquisitions and Development, Hersha Hospitality Trust
• Alissa Helgesen, President and Founder, Circle Realty Advisors
• Judge James F. Henry, Of Counsel, Meckler Bulger Tilson Marick & Pearson LLP
• Brian D. Holmes, Director, RSM McGladrey, Inc.
• Hon. John Hourihane (Ret.), ADR Systems
• Thomas G. Jaros, Partner, Levenfeld Pearlstein, LLC
• Yvonne A. Jones, CPM, CCIM, President, Principal, Zifkin Realty Group, LLC
• James Kaplan, SCSM, Managing Principal, James Kaplan Companies, LLC
• Francis L. Keldermans, Partner, Holland & Knight
• Mike Kelly, President, Caldera Asset Management
• Tariq A. Khan, Vice President – Alternative Investments, KTR Capital Partners
• Steven Kisielica, Principal, Lodging Capital Partners, LLC
• Scott Krone, Principal of Developing/Consulting, Coda LLC
• Dennis Langley, Co-Founder, Montclair Hotel Investors, Inc.
• Spencer Levy, Senior Managing Director, CBRE Restructuring Services
• Eric Lindner, Managing Director, Helios
• Gail L. Lissner, CRE, SRA, Vice President, Appraisal Research Counsel­ors
• Scott R. Maesel | Executive Managing Director, Sperry Van Ness | Commercial Real Estate Advisors
• Jules H. Marling, III, Managing Director, Real Estate Research Corporation (RERC)
• W. Seth Martin, Managing Director, Pritzker Realty Group, L.L.C.
• Thomas R. McOsker, Head of Tax Receivables Brokerage Department, GFI Group Inc
• Hon. Clifford L. Meacham (Ret.), Cook County
• Daniel Owen Mee, Executive Director, Tremont Realty Capital
• Scott H. Miller, Managing Director, Development and Asset Strategy (DAS), Jones Lang LaSalle
• William G. Mitchell, Managing Director, Holliday Fenoglio Fowler LP
• John F. McKinney, President, JF McKinney & Associates Ltd
• Ursula Moncau, Executive Vice President, Advantage Bank
• Cherin L. Mooradian, MAI, ASA, Director, Duff & Phelps, LLC
• Lori Kohn Neiman, Special Assets | Commercial Real Estate, Northern Trust
• Gerald Nudo, Vice President of Finance, Marc Realty LLC
• Todd S. Rich, Managing Director Asset Management, Tishman Speyer
• Ted Parris, Senior Vice President, Portfolio Restructure Group, Chapter 11 Consulting, Grubb & Ellis
• Jeffrey Rothbart, Esq. Founder, Superior Street Capital
• Dana Rowan, Managing Director, Paradigm-Exeter Advisors
• John Rutledge, Founder, President & CEO, Oxford Capital Group, LLC
• Michael S. Shechtman, JDI Realty
• Dave Schumacher, President & Chief Underwriter, Tax Title Services
• Robert Shakman, Principal, Regents Park, LLC
• Don Shapiro, President/CEO, Foresite Realty Partners
• Brian Shniderson, Managing Director, B&A Capital Partners
• Matthew Sigel, Chief Investment Officer, Keystone Property Group
• Joel Solomon, General Counsel, ST Residential, LLC
• Jeff Sondgeroth, Principal, West Oak Partners
• Marc Swerdlow, Executive Vice President, Waterton Associates
• Susan Tjarksen, Managing Partner, Stabilized Asset Resources, LLC
• Bill Tennis, Executive Vice President and General Counsel, DiamondRock Hospitality Company
• Jon Winick, President, Clark Street Capital

DRES Chicago Agenda

• The State of Distress in Chicago-Area Commercial & Residential Real Estate
• The Distressed Opportunity: Understanding and contrasting opportunities in properties, notes, loans and with the FDIC, special servicers and receivers
• 60 Minutes of Distress: Myths, realities, opportunities
• Surviving Distress: Working with special servicers and loan restructuring firms
• View from the Bench: How are judges viewing the foreclosure process?
• Chicago Commercial Real Estate Investor Panel: Plotting success in an economic turnaround
• Assessing Residential Opportunities: Foreclosures, REOs, bulk REOs, tax liens and other roads to investment
• Buying, Selling & Determining Value
• Distressed Multifamily Opportunities
• Institutional Capital, REITs & Private Equity: How are the well-capitalized equity players approaching distress?
• Half Full, or Half Empty?: Is there opportunity—or only distress— in broken condos, and other financially troubled construction and development projects?
• Avoiding Distress & Staying Afloat: Recapitalization workshop
• New Construction & Property Repositions: Where is the next wave of construction activity and how are developers finding capital?
• GreenPearl Debate — Core vs. Value Add: Where, and involving what property type, should opportunistic investors deploy capital in a distressed environment?
• Buy a Bank? Or, Buy a Distressed Asset? What’s the best investment strategy in today’s climate?

See the full agenda

For more information about the DISTRESSED REAL ESTATE SUMMIT: CHICAGO, including speaking and sponsorship opportunities, please contact:
Brian Klebash,
Director of Events,
GreenPearl Events
646-862-9391
Brian@GreenPearl.com