Wednesday, May 02, 2007

Conference Update
The Orchard Conference went well, I thought. Orchard sure seems to have its act together, and I think, has to be the top dealer manager. There were whispers and allusions at the conference about sponsors and properties in trouble. No specifics, though. One interesting point, US Advisors, which used other real estate companies to source its TIC deals, is apparently selling the seventeen properties it syndicated with Creekstone. I think these were mostly apartment deals.

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