Trigild Lender Conference to Examine Impact of Rescue Plan on Commercial Real Estate Defaults

SAN DIEGO--(BUSINESS WIRE)--With the meltdown of the capital markets, lawmakers are scrambling to negotiate a financial rescue plan -- and industry experts are busy analyzing how the fallout will impact the escalating rate of commercial loan defaults.

As the crisis intensifies, a slate of prominent financial industry professionals -- among them Drs. Sam Chandan and William Conerly, renowned economists, authors and acclaimed speakers -- are warming up to appear at the eighth annual Trigild Lender Conference, “Handling Curves in the Lender Ballpark,” October 22-24, 2008 in San Diego. Panelists will examine the deteriorating economy, proposed rescue plan and the impact both will have on the soaring rate of commercial loan defaults.

Speakers will also address key aspects of default management and valuable tactics for coping with loan defaults. “What we have seen so far could be just the tip of a very ugly iceberg,” says Bill Conerly, Ph.D., principal of Conerly Consulting LLC and chief economist of abcInvesting.com, who will headline the Trigild Lender Conference. “The critical issue is that some currently-healthy companies are being shut off from credit, which is accelerating the downward economic spiral and bringing more loans into default.”

According to Sam Chandan, Ph.D., senior vice president for research for Reis Inc. and a keynote speaker at the conference, “As growth in the real economy slows to an anemic pace, demand for commercial real estate has inevitably dropped off. The potential for an imbalance -- in the demand for and supply of credit -- could emerge as the leading impediment to commercial real estate market stabilization.”

The conference will also spotlight top industry leaders, including CW Capital's David Iannarone, Wrightwood Capital's Henry Bieber and Midland Loan Servicing's Stacy Berger, who will all provide thought-provoking insight that is crucial to the commercial real estate and finance industries -- especially in light of the recent capital market debacle.

According to Trigild President Bill Hoffman, the current crisis has even surpassed the savings and loan disaster of the early 1990s in terms of its gravity. “This situation is the worst I've seen in my three decades in this business. Only the well-informed can survive in such a volatile economy, and this conference will help provide some invaluable information, critical tactics and important networking opportunities.”

Among the many high profile companies expected to attend this year's event: Principal Global Investors; Comerica Bank; KeyBank Real Estate Capital; Capmark Finance, Inc.; Wells Fargo Bank; Prudential Mortgage Capital Company; Silver Point Capital; Archon Group; DebtX; and Credit Suisse.

About The Trigild Lender Conference

Over the last eight years, The Trigild Lender Conference has generated a buzz within the lending industry and beyond, earning a reputation for addressing relevant topics and thought-provoking financial insight, as well as providing networking opportunities for the distressed debt industry. For information, visit www.TrigildLenderConference.com.

About Trigild

Headquartered in San Diego with regional offices throughout the country, Trigild has more than 30 years of expertise in managing a wide array of commercial real estate assets and operating businesses, specializing in turnaround management and repositioning of troubled properties. A nationally recognized authority on non-performing commercial loans, Trigild combines receivership, operations management, and disposition services under one roof -- for maximum loan recovery.