May 19, 2009

Contact:
    Sydnie Moore
    (619) 823-8448

IMMEDIATE RELEASE

Ninth Annual Trigild Lender Conference: Experts Gather as Analysts Predict More Tough Times Ahead
Lenders Receive Early Bird Registration Fee for Annual Conference, Set for Oct 21-23 in San Diego

San Diego, CA -- Focusing on tough tactics and sound strategies to mitigate rising lender losses, The Trigild Lender Conference: Roads to Recovery is set for Oct. 21 - 23, 2009 at downtown San Diego's U.S. Grant Hotel.

With a wave of commercial foreclosures and loan defaults sweeping the country, this year's event is especially timely -- and will provide critical “how to” data and information for industry insiders as commercial loan defaults continue to escalate.

Recent industry reports, trends and data will provide plenty of newsworthy fodder for a prominent slate of panelists. In fact, New York-based Reis Inc. predicts that between now and 2012 commercial building owners and investors will face a staggering $1.5 billion in debt, with defaults topping five percent. Fueling the problem: the credit crunch, leaving investors with limited ability to refinance.

As a result, Trigild president and CEO Bill Hoffman anticipates record-breaking attendance at this year's event, as lenders, special servicers, hedge funds, bondholders, private equity firms, portfolio managers, and other real estate and finance industry professionals look for concrete answers and effective solutions in an increasingly erratic economic climate.

“Once again, we will offer some of the country's most distinguished and respected speakers, with a program that is opportune, intriguing and pertinent -- providing high-level expertise and nuts and bolts advice from industry experts,” said Hoffman.

The event will provide vital information focused on specific methods aimed at maximizing a creditor's recovery on non-performing loans. Select topics on tap this year include:

  • Commercial Loan Recovery 101
  • Unique Challenges in Today's Economy
  • Lender Landmines
  • The Bailout: TARP, TALF, PPIP and Distressed Real Estate Investment
  • Special Challenges and Solutions by Property Type
  • Special Servicing Experts Forecast

The $695 Early Bird registration fee is available to the lending industry only -- including special servicers and special asset managers working for financial institutions -- until Aug. 1, 2009 and includes the three-day program with breakfasts, lunch, and two networking receptions. After Aug. 1, conference registration is open to other industry professionals and Early Bird registration rises to $995. In addition, the U.S. Grant Hotel will offer a special room rate of $225 to early bookers.