4.06 Today’s Hottest Topics in Real Estate

Thursday, April 12, 2012
9:30 AM-10:30 AM
Track Topic Area: Corporate Real Estate (CREC)
Format: Interactive Presentation
Organization: IFMA
Knowledge Level: 200 level
Session Description: In today’s uncertain real estate market, there are a number of issues that an informed real estate/facility manager should be aware of in order to provide maximum value to his/her organization.  Join a real estate professional who specializes in corporate representation to hear his thoughts on the hottest topics facing corporations today and join in on a discussion to share how these topics affect your organization.  Participants will engage in an active discussion of these and other topics and determine what they are, if they are applicable to the participant’s organization and how to effectively present them to management.
Learning Objectives:
  • FASB 13: What is it and how will it affect me? Implications for lease/buy, depreciation, TI allowances.
  • Discuss Debt/Finance: Are banks lending money? Are banks solvent?
  • Review bonus 100% depreciation.
  • Explore changing construction costs: Should I build now or wait?
  • Speaker:

    Tom Turley
    Los Angeles Region of Jones Lang Lasalle
    Executive Vice President

    Tom Turley is an Executive Vice President of Jones Lang LaSalle's Los Angeles office. The majority of Mr. Turley’s career has been dedicated to strategic planning and implementation for large portfolios, in both the private and public sector, with an emphasis on build to suits, development consulting developer competition and debtrelated due diligence and restructures. He has represented clients in more than 3 million square feet of build-to-suit projects and more than 20,000 acres of land development consulting, valued at over $1 billion. He has represented clients on 6 million square feet in over 15 states. In addition to Mr. Turley 's brokerage experience, he also spent three years as the Vice President of Real Estate for Accruent, the leading US lease administration and portfolio management software company with over 3 billion square feet managed. Mr. Turley’s responsibilities included strategic planning for large real estate portfolios,technology due diligence and implementation, and operating expense analyses.