RACER Trust Transaction Manager Among Commercial Real Estate Professionals at 17th Annual Event Focused on Opportunity and Investment
RACER Trust today announced that its Transaction Manager, Steven Black, will participate in the 17th Annual Information Management Network (IMN) Winter Forum on Real Estate Opportunity & Private Fund Investing, taking place January 22-24.
Participants in the three-day event, which is expected to draw more than 1,000 commercial real estate professionals, asset managers and financial managers, will discuss factors impacting deal flow, property valuations, fundraising, and the availability and cost of capital, as well as changing investment dynamics and investment strategies.
The event is known within the industry for delivering market information and insights, valuable to RACER Trust as it continues to position and market its remaining former General Motors industrial properties for sale and redevelopment.
“RACER Trust markets our properties and our host communities across multiple channels to execute on our mission of attracting new jobs and investment through the sale and redevelopment of former GM properties in our portfolio,” said Elliott P. Laws, of EPLET, LLC, administrative trustee of RACER Trust. “To date, this approach has resulted in more than 70 sales and pledges for more than $1.7 billion in private investment and the creation of 13,000 jobs. We are proud of these results, and we continue pursuing investment that benefits our communities.”
“Participation in events like this helps RACER maintain an understanding of the trends, developments and market demand in commercial real estate, information which informs the positioning our properties,” Mr. Black said. “In addition, by interacting with this network of professional contacts, we keep our communities and our portfolio top-of-mind among individuals and institutions making location and investment decisions.”
Founded in 1994, IMN is a global organizer of institutional finance and investment conferences that serve as a catalyst for information exchange and property transactions. The events are designed for premier industry professionals, providing a platform that informs, engages and delivers a competitive edge by offering timely insights from industry leaders and the resources required to make well-informed business decisions. This year’s conference is in Laguna Beach, Calif.