Leaders in Commercial Real Estate for Maryland’s Eastern Shore and the Delmarva Peninsula

SVN-Miller 2013 Commercial Real Estate Forum Forecasts Economic Expansion

NOVEMBER 2013, SALISBURY, MD– Sperry Van Ness – Miller Commercial Real Estate with offices in Salisbury, MD, Annapolis, MD, Bethesda, MD, Lewes, DE, and Wilmington, DE recently held their 2013 Commercial Real Estate Forum at the Perdue School of Business in Salisbury, MD. The event was focused on providing relevant information to real estate investors regarding economics, financing and market statistics.

Wesley Cox, CCIM and Bradley Gillis, CCIM, both Senior Advisors with SVN – Miller organized and moderated the event which drew over 100 commercial real estate investors. The event was sponsored by PNC Bank, W.R. McCain & Associates, AWB Engineers, and SVN-Miller Property Management. Anirban Basu, CEO and Chairman of Sage Policy Group returned as the keynote speaker for the third year in a row.

Mr. Basu summarized his presentation by saying, “The U.S. and global economic recoveries have become agonizingly gradual.  The U.S. economy, now in its fifth year of expansion, seems unable to generate anything approaching full momentum due to a series of speed bumps that lay in its path, many of which have been put in place by the federal government.  Thanks largely to ongoing monetary accommodation, many asset prices are now rising, including stock prices and real estate.  This has produced better conditions for construction and real estate during the year ahead despite ongoing budgetary stalemates in Washington, D.C” Cox said, “What we can take away from the information Anirban Basu shared with us is that we have a growing economy with real estate values rising which indicates that now is the time to buy.” For more information and to be added to our invitation list for next year, contact Bradley Gillis, CCIM at Bradley.Gillis@svn.com or Wesley Cox, CCIM at Wesley.Cox@svn.com, or call our office at 410-543-2440.

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