Date: Oct 19, 2009

The Effect of the Economic Crisis on the Real Estate Market

What are the implications of these growing changes?

Hofstra University, Hempstead, NY – The condition of the real estate market and other investment avenues will be the focus of a conference hosted by the Wilbur F. Breslin Center for Real Estate Studies, the Frank G. Zarb School of Business, the Center for International Financial Services and Markets and the Institute of Real Estate at Hofstra University on Monday, October 26, 2009 from 8 a.m. to 4:15 p.m. in the Hofstra University Club, David S. Mack Hall, North Campus.

“Real Estate and Other Alternative Investments: 2009 and Beyond” will discuss the impact of the current economic crisis on the real estate market and alternative means of building private equity. The two-session conference will also provide insight on investment opportunities such as hedge funds, lobbying and marketing trends.

"We are in a real estate-driven recession. Understanding the crisis and identifying potential opportunities in real estate and other alternative investments is very important," said Ehsan Nikbakht, CFA, conference co-director and professor of finance. "For this purpose, a small group of knowledgeable industry experts and academicians will gather to share their thoughts on October 26th at this timely conference." 

First Session Topic: The impact of the current crisis on the real estate market

Panelists include David Blitzer, managing director and chair of the Indexing Committee, Standard and Poors; David Fowler, managing director and head of real estate, BNY Mellon; and Patrick Lawler, chief economist, Federal Housing Finance Agency

Second Session Topic: Alternative Investments-Hedge funds and private equity

Panelists include Daniel Amir, vice president, Alternate Investment Services, BNY Mellon; Hossein Kazemi, professor and associate director, Center for International Securities & Derivatives Markets, University of Massachusetts, Amherst; and Mark Ferguson, research director, Quantifi Solutions.

Scott Rechler, chairman and chief executive officer, RXR Realty, will open the conference with a breakfast keynote address. Robert H. Edelstein, Maurice Mann Chair in Real Estate, Haas School of Business, University of California, Berkeley, will act as the keynote luncheon speaker.

The conference is free and open to the public (includes breakfast and lunch). However, registration is required as seating is limited.

For more information or to register please call (516) 463-7214 or e-mail breslin@hofstra.edu.
The Frank G. Zarb School of Business at Hofstra University believes that the best business education provides students with a sound knowledge of their field combined with a broad, well-rounded program of study guided by an experienced faculty committed to excellence.

The Wilbur F. Breslin Center for Real Estate aims to promote professionalism and to be a trusted, authoritative source for real estate education, mentoring and networking for the Long Island real estate industry. The center will host additional conferences and seminars throughout the year, analyzing critical issues in real estate and bringing together leading scholars and practitioners.

The Center for International Financial Services and Markets aims to disseminate information and facilitate student and faculty study in the field of international financial services and markets using an interdisciplinary approach and interactions between academics and professionals.

Hofstra University is a dynamic private institution where students can choose from more than 150 undergraduate and 160 graduate programs in liberal arts and sciences, business, engineering, communication, education, health and human services, and honors studies, as well as a School of Law.

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