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IREM to Present “Six Solutions for Success with Troubled Assets,”
A Seven-Session Virtual Seminar Series Starting April 2

* * * * * * * * * *

(Chicago, March 13, 2009)  A virtual seminar series titled “Six Solutions for Success with Troubled Assets” will be presented on consecutive Thursdays from April 2 until May 14 by the Institute of Real Estate Management (IREM®). Each session in the seven-seminar series, developed jointly by IREM and the CCIM Institute, will run for one-hour, with registration available for a single or multiple sessions.

The series is a uniquely valuable and timely skill-building experience for real estate industry practitioners at all experience levels, with content that address the evolution of the current financial crises, actual property scenarios and, most importantly, six potential solutions to managing troubled real estate assets in today’s volatile marketplace. It also highlights techniques for generating new troubled-asset-related business in these challenging economic times.

SESSION SPECIFICS*

  • Thurs., April 2 – Seminar 1: The Evolution of the Financial Crisis
  • Thurs., April 9 – Seminar 2: Restructuring Debt and Finding Capital Solutions
  • Thurs., April 16 – Seminar 3: Repositioning the Asset to Maximize Value
  • Thurs., April 23 – Seminar 4: Preserving Value Through Effective Operations
  • Thurs., April 30 – Seminar 5: Disposing of the Asset in a Depressed Market
  • Thurs., May 7 – Seminar 6: Avoiding Risk – Legal Issues
  • Thurs., May 14 – Seminar 7: Developing an Asset Management Disposition Plan

 *Each one-hour seminar starts at 11:00 a.m. Pacific, 12:00 noon Mountain, 1:00 p.m. Central, and 2:00 p.m. Eastern Daylight Savings Time.

SINGLE SESSION AND DISCOUNTED SERIES PRICES
The cost of registering for a single seminar is $49 for members of IREM and the CCIM Institute and $99 for non members, and includes a free recording of the session. A 30- percent savings is available to registrants for all seven seminars, which also includes free recordings of each.  This brings to $240 the total cost of the seminar series for IREM and CCIM members and $485 for non-member. Recordings only of individual sessions and the entire series can be purchased at the same price as their respective member or non-member registration fees.

MORE SEMINAR CONTENT AND  REGISTRATION INFO
To learn more about the content of the seminars and to register online, visit http://www.irem.org/TAVSS.

ABOUT THE INSTITUTE OF REAL ESTATE MANAGEMENT
The Institute of Real Estate Management (IREM®) is celebrating its 75th anniversary in 2008.  Major sponsors of the year-long celebration areYardi Systems, a leading provider of high-performance software solutions for the real estate industry, and the REALTORS® Commercial Alliance (RCA), the collective commercial constituency within the National Association of REALTORS®.

For more than seven decades, IREM has been the source for education, resources, information, and membership for real estate management professionals. An affiliate of the National Association of Realtors®, IREM is the only professional real estate management association serving both the multi-family and commercial real estate sectors. With 80 U.S. chapters, eight international chapters, and several other partnerships around the globe, IREM is an international organization that also serves as an advocate on issues affecting the real estate management industry.

Membership includes more than 18,000 individual members and 500 corporate members. IREM promotes ethical real estate management practices through its credentialed membership programs, including the Certified Property Manager® (CPM®) designation, the Accredited Residential Manager® (ARM®) certification, the ACoMcertification, and the Accredited Management Organization® (AMO®) accreditation. These esteemed credentials certify competence and professionalism for those engaged in real estate management. In addition, IREM offers Associate, Student and Academic memberships.

Collectively, IREM CPM® Members in the United States manage over $1.5 trillion in real estate assets, including 8.4 million residential units and 8.4 billion net square feet of commercial space. An additional 977,400 residential units are managed by IREM ARM® Members. IREM Members are employed by some of the most prestigious real estate firms in the world and nearly 70% hold upper-level management positions. Due to their professionalism and vast experience, property owners and investors worldwide continually seek out the management services of IREM Members.

To learn more about the Institute of Real Estate Management and its chapter network, call (800) 837-0706, Ext. 4650 (outside the U.S. call (312) 329-6000) or visit www.irem.org.

 
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