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THIS MORNING IN DALLAS

WASHINGTON DC 05.08.2017

MONTGOMERY COUNTY STATE OF THE MARKET

Featuring an Interview of Marriott CEO Arne Sorenson

Arne Sorenson -- Marriott International
Mike Gill -- The State of Maryland
Barry Glassman -- Glassman Wealth Services
THIS MORNING IN DALLAS
THIS MORNING IN DALLAS

A whopping  500 turned out this morning for our Bisnow State of the Market conference in Dallas, where Granite Properties chief Michael Dardick said CRE?s ?on the mend.? He said if ?08 was the hurricane where you wanted to duck and cover, and '09 was an eerie calm where you saw carnage but were still in paralysis about whether the storm would come back, then 2010 is about feeling the worst is over and you can start repairing the problems and building a future. Behringer Harvard president Bob Aisner, calling himself a ?pessimistic optimist,? pointed out that with 8.5 million jobs lost since the peak and only 1.5 million added per year, things will remain tough a while and predicted significant improvement only in ?11-?12, though he noted, ?We won't drift back.?

Related Topics: Bob Aisner, Michael Dardick