Distressed Real Estate Summit – September 23, 2009

**Working Agenda: Sessions Titles and Times are Subject to Change**

7:30-8:10 Registration & Breakfast
8:10-8:15 Opening Remarks
8:15-8:45 Special Opening Discussion: Legacy Loans, TALF, PPIP and Related Government Intervention: What’s Working? And, What’s Not?
Hear From:
Spencer Levy, Sr. Managing Director, CBRE
Thomas A. Fink, Senior Vice President, Managing Director, TREPP
Brian Klebash, Director of Events, GREENPEARL.COM (moderator)
8:45-9:40 The Capital Replacement Challenge: Years of Excessive Leverage Turn the Industry on its Head… What’s Next for Investors & Owners?
Hear From:
Eric Lindner, Managing Director, HELIOS
Paul Fried, Managing Director, TRAXI
Aharon Friedman, Partner, WILDWOOD CAPITAL GROUP
Louis Weller, Principal, National Director, RE Transaction Planning, DELOITTE LLP
Douglas P. Hercher, Executive Vice President & Principal, C&W SONNENBLICK GOLDMAN
Daniel Owen Mee, Executive Director, TREMONT REALTY CAPITAL
Jack Rosenfield, Founder and Principal, LOAN RESOLUTION ADVISORS, LLC (moderator)
9:40-9:55 Networking Break
9:55-10:45 Concurrent Sessions
Track A Residential Real Estate Panel Discussion: Challenges & Opportunities—A Topline Review

Hear From:
Todd G. McKissick
, President & CEO, MCKISSICK & COMPANY, INC.
Ted Weinstein, CEO, MAPLESHADE PROPERTIES/REOEDGE
Brian Meier, Senior Vice President, PRUDENTIAL DOUGLAS ELLIMAN – THE MEIER TEAM
Keith M. Brandofino, Associate, New York City Office, PHILLIPS LYTLE LLP
Marvin Schnee,, Managing Director, READ PROPERTIES
Robert Shakman, Principal, REGENTS PARK, LLC
Howard C. Liggett, President, DISTRESSED REAL ESTATE CONSULTING SERVICES, INC. (moderator)

Track B Opening Commercial Real Estate Panel: New York City Investment & Ownership: Opportunities, Challenges and the Road to Recovery

Hear From:
Norman Sturner, Principal, MURRAY HILL PROPERTIES
Joe Miller, Director, Acquisitions, ROCKROSE DEVELOPMENT
Peter Lewis, President, WHARTON EQUITY PARTNERS
Steven Spinola, President, REBNY
Kent Swig, President, SWIG EQUITIES
Robert Wertheimer, Partner, Real Estate Department, PAUL HASTINGS
C.J. Follini, Publisher, BLACKSWAN WEBZINE (moderator)

Track C GREENPEARL DEAL MARKETING

10:45-10:55 Networking Break
10:55-11:40 Concurrent Sessions, Continue
Track A Residential Real Estate Investor Power Panel

Hear From:
Dirk Davis, Principal, REO SOLUTIONS USA (moderator)
Frank Cimino, Principal, FRANK CIMINO ENTERPRISES
Alan J. Schnurman, ZALMAN & SCHNURMAN
Scott Sherman, Senior Acquisition Associate, BECKER BROTHERS
Steve Moran, Business Development Manager, ENTRUST NORTHEAST
Charles M. Kohout, Founder, APPLIED EDUCATION

Track B Institutional Investors: Buying, Selling & Determining Value

Hear From:
Jerry Anderson, Executive Managing Director, SPERRY VAN NESS (moderator)
Edward Kalikow, President and Chief Executive Officer, THE KALIKOW GROUP
Willa Lewis, Partner, BRANDT, STEINBERG & LEWIS, LLP
David L. Noonan, Principal, NEWMARK KNIGHT FRANK CAPITAL GROUP
Raymond T. Cirz, CEO and Managing Director, INTEGRA REALTY RESOURCES – NEW YORK

Track C GREENPEARL DEAL MARKETING, continued

11:40-11:50 Networking Break
11:50-12:30 Concurrent Sessions
Track A The “Delinquent Sector:” A Closer Look at the Ramifications of Excessive Leverage in the Multifamily Sector

Hear From:
Terry Heller, Managing Member, Principal, HELLER HOLDINGS
Richard Cohen, Principal, BEDROCK CAPITAL
Mark Stern, Senior Vice President of Acquisitions, WATERTON RESIDENTIAL
Mike Kelly, President, CALDERA ASSET MANAGEMENT (moderator)

Track B Surviving Distress Workshop: Exploring the Ins and Outs of Distressed Note Servicing

Hear From:
Jonathan Hornik, General Counsel, KENNEDY FUNDING (moderator)
Michael Carp, Managing Director, Real Estate Solutions, CAPMARK
Scott Friedman, Vice Chairman, RIVIERE SERVICING LLC

Track C Case Studies / GREENPEARL DEAL MARKETING

12:30-1:30 Networking Lunch Break
1:30-2:00 “30 Cities in 30 Minutes” Distressed Real Estate Around the U.S.

Hear From:
Brad Hunter, Chief Economist/ Director of Consulting, METROSTUDY

2:00-2:35 Up Close with Robert Shiller
2:35-3:20 The Two Warring Nations: Buyers & Sellers Find New and Innovative Ways to Bridge the “Bid-Ask Gap”

Hear From:
Joshua J. Lavrinc, Esquire, Principal, BIRMINGHAM CAPITAL ADVISORS, LLC (moderator)
Andrew Bank, New York Partner, ACCELERATED MARKETING PARTNERS
Jon Winick, President, CLARK STREET CAPITAL
Timothy E. Davis, Partner, Business Department, WHITE AND WILLIAMS LLP
William P. Bowman, Senior Vice President, Real Estate, HARTFORD INVESTMENT MANAGEMENT COMPANY
Russell Schildkraut, Principal, Head of Underwriting and Loan Placement, ACKMAN ZIFF

3:20-3:30 Networking Break
3:30-4:15 Concurrent Sessions
Track A Non-Performing Leases & Impact on Cash Flow

Hear From:
Adam Daniels, A.D. REAL ESTATE MANAGEMENT
Mark Ravesloot, Executive Vice President, CB RICHARD ELLIS
Emmet Austin, Chief Investment Officer and Managing Partner, STONEMAR PROPERTIES
George T. Constantin, President, Chief Executive Officer, HERITAGE REALTY SERVICES
Nicholas Capuano, Partner, CAPUANO & LOFREDO LLP (moderator)

Track B Jumping In: “Funds Take Over Funds” Exploring the Play of New and Emerging Opportunity Funds in Today’s Climate

Hear From:
Leslie Lundin, President and Managing Partner, LBG REALTY ADVISORS, LLC
Tim Wang, Vice President, ING CLARION
Jeff Dishner, Director and President, STARWOOD PROPERTY TRUST
Tony Thompson, CEO, THOMPSON NATIONAL PROPERTIES
Dana C. Rowan, Managing Director, PARADIGM-EXETER ADVISORS
Jeffrey Lenobel, Partner, SCHULTE ROTH & ZABEL LLP (moderator)

4:15-4:20 Networking Break
4:20-5:05 Concurrent Panels
Track A Distressed Construction & Development Deals: Opportunities, or only Challenges?

Hear From:
Robert J. M. Occhiogrossi, R.A., CEA, LEED AP, Vice President, IVI INTERNATIONAL, INC (moderator)
Matthew Schnurr, Principal, NEWMARK KNIGHT FRANK
Michael Schor, Executive Vice President, THE TREELINE COMPANIES
Robert C. Hazard III, VP of Acquisitions and Development, HERSHA HOSPITALITY TRUST
Joel Breitkopf, Partner, ALCHEMY PROPERTIES, INC.
Simon Mortimer, Chief Operating Officer, BOYKEN INTERNATIONAL, INC.

Track B Working Through the CMBS Deal: How to Capitalize on Defaults and Foreclosures

Hear From:
Carolyn Pianin, Senior Consultant, FOCUS MANAGEMENT GROUP (moderator)
Spencer Levy, Sr. Managing Director, CB RICHARD ELLIS
David M. Frank, Chief Executive Officer, THE MERRILL GROUP OF COMPANIES, LLC
Dan Rubock, Esq., Senior Vice President, Commercial Real Estate Finance Group, MOODY’S INVESTORS SERVICE
Sam Chandan, President and Chief Economist, REAL ESTATE ECONOMICS LLC
Michael Sher, Managing Director, RSM MCGLADREY

5:05-5:15 Networking Break

5:15-6:00 The New York Brokers’ Panel: Responding to the Challenges of an Illiquid Market

Hear From:
Alan Miller, Senior Director, EASTERN CONSOLIDATED
Robert Knakal, Chairman, MASSEY KNAKAL
Will Silverman, Corporate Managing Director, Capital Transactions Group, STUDLEY
Robert L. Freedman, Executive Chairman, FIRSTSERVICE WILLIAMS REAL ESTATE
Shaun Osher, CEO, CORE
Lois Weiss, Columnist, NEW YORK POST (moderator)

6:00 Distressed Real Estate Summit: New York concludes