CMSA hosted a state of the industry webcast on Thursday, May 15, 2008. The topic of the webcast was "Where is Property Value?"

Capital has driven the industry to unprecedented transaction volumes and increases in property values and investment sale prices. But is this a two - edged sword? With the capital markets going into financial seizure, have transactions really stalled? If so, without a vibrant market, how do we know what property values truly are?

Jack Cohen of Cohen Financial, moderated a panel of industry professionals. The panel will present their thoughts on the following:

• What are property values and where are they headed?
• How is capital driving property values?
• What are the trends?
• What has happened to property values in previous cycles?
  

Speakers participating in this webcast include:

Jack Cohen, CRI, CMB - Moderator
Chief Executive Officer
Cohen Financial

Geoffrey Dohrmann
Chairman and CEO
Institutional Real Estate, Inc.

Brian Lancaster
Wachovia Securities

Greg Vorwaller
CB Richard Ellis Investment Properties

Cohen Financial is a member of the Commercial Mortgage Securities Association. The webcast is copyright protected by the CMSA and is offered here with permission.