Miami, FL (Vocus)August 10, 2010
The MIAMI REALTORS will host the Lending & Financing Summit: Making Deals Happen on Tuesday, August 17, at the Doubletree Miami Mart hotel – 711 N.W. 72nd Avenue, Miami, Florida, 33126 – from 9:00 AM until 12 noon. Featuring Regional Executive of the Miami Branch of the Federal Reserve Bank of Atlanta Juan del Busto as the keynote speaker, the event will address mortgage rates, international money flow, and other financial issues impacting commercial and residential real estate markets.
Del Busto is speaking at a critical time for the economy and during a period when key decisions by the Federal Reserve are important to ensure a recovery.
“We have weathered the deepest recession since the Great Depression and seem to be past the worst of the financial crisis now that the economy is expanding at a modest pace.” Says Juan del Busto. “However, we still have significant progress to make in order to achieve a sustained recovery at the level necessary to improve the unemployment and foreclosure rates.”
The commercial panel of experts at the summit will be comprised of Phillip Carrol, American Real Estate Capital; Miguel Rasco, Intercredit Bank; and Raul Valdez-Fauli, Fowler Rodriguez Valdez-Fauli. The residential expert panel will consist of Erbi Blanco-True, Great Florida Bank; Neal S. Litman, Esq.; and John Loyacono, Bank of America.
The program will cover:
- State of lending
- Distressed properties
- The Patriot Act and financing impact of Appraisals
- Foreign Investors and international money flow
- Key Economic Indicators in South Florida
- Future Prospects
- What Commercial Asset Classes are lending
- 203K Program
- Avoiding deal killers
- First-time homebuyers
Cost to attend is $30 for MIAMI REALTORS members and $50 for non-members. Continental breakfast will be available at the event. Go to http://iamramb.miamire.com/eventcal/register/mainoptions/id/373 to register. For more information, E-mail Paul Cauchi at paul(at)miamire(dot)com.
The MIAMI Association is the merged association for RAMB and RAMDC and retains the charter received from the National Association of Realtors in 1920 and is celebrating its 90th year of service to Realtors, the buying and selling public, and the communities in South Florida. Comprised of four organizations, the Residential Association, the Realtors Commercial Alliance, the Broward County Board of Governors, and the International Council, it represents 23,000 real estate professionals in all aspects of real estate sales, marketing, and brokerage. It is the largest local association in the National Association of Realtors, and has partnerships with more than 60 international organizations worldwide. MIAMI’s official website is http://www.miamire.com.
About MIAMI REALTORS Commercial
MIAMI REALTORS Commercial seeks to serve commercial members and to shape and unify the commercial real estate brokerage and service industry in South Florida. With over 1,500 members, it is the only association of REALTORS dedicated exclusively to commercial real estate interest throughout Miami-Dade County. The Alliance provides member services, including a legislative voice, education opportunities, a code of ethics, and networking opportunities that provide enhancement of commercial REALTORS knowledge base and ability to service their clients. Participation in association facilitates networking opportunities. The Alliance conducts the Annual Commercial Real Estate Expo, the largest commercial expo in South Florida.
Paul Cauchi, 305-468-7060 or
Lynda Fernandez, 305-468-7040 Office or 305-903-7922 Cell