InterFace Multifamily: N.Y. to have 115 attendees

According to InterFace Conference Group, 115 investors, owners, developers, brokers and financiers who specialize in multifamily properties have already made plans to attend InterFace Multifamily: N.Y. on June 7. Some of the nation's leading multifamily firms, including: Avalon Bay Communities, Behringer Harvard, LaSalle Investment Management and Equity Residential have made plans to participate. Local multifamily firms, including: The Dermot Co., LeFrak Org., The Kamson Corp. and L&L Residential will participate, as well. More than 200 are expected to attend this executive-level commercial real estate conference at the N.Y.C. Bar Association. InterFace Multifamily: N.Y. is a full-day conference that will feature more than 50 speakers from around the nation and Greater N.Y. region who will discuss the current and future wave of multifamily investment and development opportunities following the 2007-2009 recession, subsequent recovery and other important industry trends. "The shift from homeowner to renter status following the subprime fallout is enhancing the demand for quality multifamily units," said Brian Klebash of the InterFace Conference Group. "New development is occurring in established and transition areas of New Jersey, while the myriad of investors, notably REITs and institutional investors continue to source deals in Manhattan." NMHC president Douglas Bibby will lead the conference's opening panel discussion, "The National, Regional and Local Outlook for Multifamily Property: What to Look For in the Second Half of 2011," with expert contributors including: Richard Boales, Equity Residential; Doug Culkin, National Apartment Association; Andrew MacArthur, CWCapital LLC; Walt Smith, Riverstone Residential Group and Steve B. Witten, Marcus & Millichap. Andrew MacArthur is the CMBS special servicer for the massive Stuyvesant Town—Peter Cooper Village multifamily village on the East Side of Manhattan. The conference will aim to address key themes in multifamily investment and development today, including: What have been the important trends in the debt market for the first two quarters of 2011? What are buyers' and sellers' attitudes around the nation compared to Greater New York region? Is new development occurring in core, only? Are market fundamentals strong across the board in Greater New York—or only in certain boroughs and submarkets? For additional information: www.interfaceconferencegroup.com/mfny