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A NOT SO DISTRESSED SHOUTOUT

Atlanta

Want to get a jump-start on upcoming deals? Meet the major Atlanta players at one of our upcoming events!

A NOT SO DISTRESSED SHOUTOUT
CREW luncheon John "Jack" B. Corgel, a professor at the School of Hotel Administration at Cornell University giving a lecture while Thompson Hine's Susan Tarnower, Hampton Mallis of Reznick Group and JLL's Kristin Mueller
At the CREW luncheon last week, (topic: distressed properties), we snapped Jack Corgel, a professor at the School of Hotel Administration at Cornell, doing his best not to break into a lecture while introducing the topic. Thompson Hine's Susan Tarnower, Reznick's Hampton Mallis, and JLL's Kristin Mueller look on. Hampton discussed the  tax implications  of buying distressed properties and Kristin joked about some properties being the "most expensive bargain". She also noted what's NOT selling: A- and B- properties. When these sales come back, she says, then will the recession be over. Susan also gave us a nice shoutout when she said the best investment in distressed properties is multifamily..."if you were at the Bisnow event  last week, you would know this." (Gosh, we're blushing.) She also noted that multifamily tends to go in and come out of distress quickest.