Valuations Part II – A Deeper Dive into the Impacts of the Global Market Meltdown
As a follow up to our April 16 webinar addressing the topic of valuations, Valuations Part II: A Deeper Dive into the Impacts of the Global Market Meltdown will leverage real-time data to peel back the curtain on the current state of the commercial real estate industry.
Despite current market conditions created by the economic shutdown resulting from the COVID-19 pandemic, standard, consistent, transparent and reliable valuations are achievable and more important than ever to continue the growth and evolution of the PDI industry. Valuation experts on this panel covered a range of topics, such as recent transaction volume, the status of rent collection, and preliminary impacts of the ongoing economic shutdown by sector and by geography.
Listen in for a direct update from senior executives at top appraisal and valuation firms who advise fund board of directors, and how current market conditions have framed their valuation outlook and industry guidance.
Brian VelkyCFA, CRE, Managing Director, Real Estate Research Corporation (RERC)
Kevin GannonChairman and CEO, Robert A Stanger and Co, Inc.
Mr. Gannon is Chairman & CEO of Stanger. Mr. Gannon joined Stanger in 1983 and has been the lead or co-lead investment banker on more than $75 billion of assignments involving real estate assets and securities. Mr. Gannon is a frequent speaker at industry events sponsored by the Institute for Portfolio Alternatives (IPA) and ADISA and is frequently quoted in the Wall Street Journal, REIT Wrap, SNL, DI Wire and Investment News. Mr. Gannon is a recognized expert on real estate securities and valuation matters having appeared as an expert in numerous forums including: U.S. Tax Court; U.S. Bankruptcy Court; Delaware Chancery Court; Federal Court; several State Courts; SEC Administrative Court; and arbitration forums.
Prior to joining Stanger in 1983, Mr. Gannon was a Manager with Deloitte Haskins & Sells, an international accounting firm. Mr. Gannon is a graduate of Rutgers University (Phi Beta Kappa, 1978) with a BA in Economics and Accounting. Mr. Gannon is a certified public accountant and member of the American Institute of Certified Public Accountants and a General Securities Principal.
Ross PrindleManaging Director and Global Head of the Real Estate Advisory Group, Duff & Phelps
Sung LeeExecutive Vice President, Altus Group