KBRA Releases Recap of the CREFC D.C. Symposium 2020

NEW YORK--()--Kroll Bond Rating Agency (KBRA) releases a recap of CRE Finance Council’s (CREFC) 10th Annual D.C. Symposium held on December 1. Lisa Pendergast, executive director of CREFC, kicked off the event on a positive note, with a brief overview of different forces that will mitigate the effects of the pandemic and/or help overcome it, which will have significant impacts on the economy.

Some of these factors included the pharmaceutical companies that have made tremendous progress in vaccine development; the Federal Reserve, which has been diligently working to implement policies to help settle markets; and the 66% voter turnout, which signifies the broader public’s desire for a collective effort to move past the virus. CREFC has continued working to secure governmental support for the commercial real estate (CRE) finance industry, including being an advocate for both borrower relief and rental assistance. The latest effort includes a lobby day scheduled for December 2. The event will include 25 virtual meeting scheduled with congressional members and staff. Finally, Lisa also spoke about the organization’s continued focus on new initiatives, including diversity inclusion and environmental, social, and governance (ESG) factors.

The afternoon conference was heavily focused on the new incoming presidential administration and the potential effects on policy changes, and included panels on servicing strategies during the pandemic, as well as the future of CRE. Additionally, the conference included a fireside chat with Larry Hogan, governor of Maryland, and a session with Ben White, the chief economic correspondent for POLITICO.

To view the recap, click here.

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KBRA is a full-service credit rating agency registered with the U.S. Securities and Exchange Commission as an NRSRO. In addition, KBRA is designated as a designated rating organization by the Ontario Securities Commission for issuers of asset-backed securities to file a short form prospectus or shelf prospectus. KBRA is also recognized by the National Association of Insurance Commissioners as a Credit Rating Provider and is a certified Credit Rating Agency (CRA) with the European Securities and Markets Authority (ESMA). Kroll Bond Rating Agency Europe is registered with ESMA as a CRA. Kroll Bond Rating Agency Europe is located at 6-8 College Green, Dublin 2, Ireland.

Contacts

Analytical Contacts
Sacheen Shah, Director
+1 (646) 731-3363
sshah@kbra.com

Caitlin Parrella, CFA, Associate Director
+1 (646) 731-3310
cparrella@kbra.com

Kieran Hall, Senior Analyst
+1 (646) 731-1225
khall@kbra.com

Business Development Contact
Michele Patterson, Managing Director
+1 (646) 731-2397
mpatterson@kbra.com

Contacts

Analytical Contacts
Sacheen Shah, Director
+1 (646) 731-3363
sshah@kbra.com

Caitlin Parrella, CFA, Associate Director
+1 (646) 731-3310
cparrella@kbra.com

Kieran Hall, Senior Analyst
+1 (646) 731-1225
khall@kbra.com

Business Development Contact
Michele Patterson, Managing Director
+1 (646) 731-2397
mpatterson@kbra.com