NAI Global?s membership were represented by Executive Vice President, Rhyne Brown and Senior Vice President, Tim Buss of the NAI Global Special Asset Solutions team at the Information Management Network (IMN) meeting in Chicago on October 9 ? 10.? The event ? Bank & Financial Institutions Special Assets ? Executive Conference on Real Estate Workouts was attended by over 350 real estate professionals representing Banks, Federal Agencies, Attorneys, Special Servicers and industry service providers.? Tim Buss moderated a panel discussion on current macroeconomic issues affecting commercial real estate.? In addition to NAI Global a strong contingent from NAI Farbman attended, including Andy Farbman, Todd Szymcak, and Michael Kalil.? The general feeling of the attendees is we are about half way through the repositioning of the severely distressed commercial real estate cycle in the United States. Most see 2013 as a year of slow economic recovery with a wary eye on Europe and increased federal regulations taking effect resulting from new regulations stemming from the Dodd-Frank amendments.??Special recognition and appreciation is extended to NAI Farbman for hosting a dinner for over twenty attendees, including five members of the C-III Asset Services group based in their Chicago office as well as attendees from Wells Fargo, US Bank and others.? Rhyne, Tim and the NAI Special Assets Solution Group see ongoing opportunities for the network in 2013 to help the United States in its economic recovery.
NAI Attends IMN Chicago Oct 9 - Oct 10
About the author
Scope of Service Experience Rhyne Brown is an Executive Vice President of NAI Global and leads NAI's Special Asset Solutions team, providing clients with a single point of access to NAI's comprehensive range of real estate services. NAI's Special Asset Solutions team provides a full range of services including property management, asset management, leasing, project management, auctions, real property and note sales. Education Mr. Brown is a honors graduate of the University of Maryland, with post graduate work there, as well as at the Massachusetts Institute of Technology and Georgetown University Law School. Background & Experience Prior to joining NAI in 2000, Mr. Brown was CEO of Lease Audit Analysis Services, Inc., in Washington D.C., a specialist in the forensic auditing of commercial real estate operating expenses. For lease audit consulting, Mr. Brown's clients have included IBM, The World Bank, First Union Bank, Bank America, PNC Bank and many others. He has also held the position of principal of Thomas R. Brown & Associates, a land planning and development consulting practice specializing in development feasibility analysis. In his 35 years in the real estate industry, he has worked for the U.S. Department of Housing and Urban Development and the Montgomery County, MD. Department of Housing and Community Development. Mr. Brown is also an active investor and principal in various real estate holdings. Professional Affiliations & Designations NAIOP American Bankers Association Significant Transactions Mr. Brown has represented clients in the acquisition or sale of over one billion dollars in real estate in his 35 year real estate career. Major NAI projects include work for DHL, Starwood Hotels, Sodexho, International Paper and 30 other international business firms. Mr. Brown has special expertise in representing banks and investment firms selling distressed assets including REO and notes.
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