Capital markets conference.
Mr. Kessler, a faculty member of the Master's Degree in Real Estate Development and Investment Program at NYU, also moderated the well attended "Domestic Equity Goes Global" session at the conference at the Waldorf Astoria Hotel in Midtown Manhattan.
Mr. Kessler's co-chairs included Robert S. Blumenthal of Deutsche Bank Securities, Stephen J. Pearlman of Trammel Crow Company and Michael R. Stoler of First America Title Insurance Company.
During Mr. Kessler's panel, the overriding message was simple: competitive advantage is key.
"As soon as the discussion began, an underlying commonality between the panelists quickly became apparent: all are looking to carve out an unique niche for themselves," said Mr. Kessler. "Whether it is specializing in complex oversees transactions, buying international hotels or investing in emerging markets, successful players in the real estate industry are investing tremendous amounts of capital."
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|Publication:||Real Estate Weekly|
|Date:||Dec 21, 2005|
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