Zell/Lurie Real Estate Center

Invitation: Spring Members' Meeting

February 10, 2012

Dear Friend of the Zell/Lurie Real Estate Center:

I am delighted to invite you to the Spring Members' Meeting of the Zell/Lurie Real Estate Center at The Rittenhouse, 210 West Rittenhouse Square, Philadelphia, on Tuesday and Wednesday, April 24-25, 2012. This is our signature event, and this year's program promises to be as interesting as the times in which we find ourselves. We have an outstanding line-up of panels dealing with vital issues in this uncertain environment, and great speakers to address broader economic and political matters.

Our main day opens with our panel of Wharton economists discussing where we are in the cycle and what we should be looking for in terms of recovery, both domestically and internationally. Our second session will focus on the consumer and what we should expect from that key player going forward. For that session, we have a great line-up of retail experts. Our afternoon panels begin with a discussion of what is happening in the debt and equity capital markets, and how that is affecting the property markets. We have some of the world's leading lenders and investors confirmed for this session. Our final panel welcomes back our good friend Sam Zell to discuss the property markets, the overall investment climate, and the political scene. Virtually all our panelists are now confirmed; check our website for any new details.


David Bonderman
The Hon. Jon M. Huntsman, Jr.
In addition to our real estate-focused panels, we have two outstanding speakers. Our featured speaker for the welcoming dinner on Tuesday evening, April 24, 2012, is David Bonderman, founding partner and principal of TPG Capital, one of the world's leading private equity investors. Mr. Bonderman brings an impressive array of knowledge about different investment sectors around the world. I know you will find his take on the broader investment climate most interesting. Continuing our tradition of inviting an engaging and informed speaker from outside the real estate industry, we are honored to have as our keynote speaker on Wednesday, April 25, the Honorable Jon M. Huntsman, Jr., the former Governor of Utah and U.S. Ambassador to China.

See the most recent agenda here. As always, the Spring Meeting is free for all members of the Zell/Lurie Real Estate Center. For non-members, the cost to attend all or part of this event is $1,499 per person. You may pay by credit card online to register for the meeting or print the "Registration Form" and return it together with a check made payable to "Trustees of the University of Pennsylvania." To learn more about becoming a Center member, please contact Janice Leberman at 215-898-3824 or email lebermaj@wharton.upenn.edu. I look forward to seeing you at the meeting.

Sincerely,

Joseph Gyourko
Martin Bucksbaum Professor of Real Estate, Finance and Business and Public Policy
and
Director, Zell/Lurie Real Estate Center at Wharton

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