NAA 2008 Education Session: CEO Roundtable

Let's be honest with each for a moment. Our first job and priority is advertising sales for Apartment Finder magazine here in lovely Tampa Bay. We are here for our advertisers and for their customers. Many times this prevents us from blogging and this was one of those times. We had a full page of notes on the CEO roundtable and was all ready to blog it when priority one (our job) reared its head and no time was left to post. We're sorry.

However, the good folks over at multi-housing news (again!) have a great article up that encapsulates what we heard from the CEO's of the roundtable (cue up Monty Python music: we're CEO's of the Roundtable and we dance whenever we're able...) So, we are going to post a link to the article below. The roundtable consisted of Steven D. Bell, chairman & CEO of Steven D. Bell & Co; David Stockert, CEO of Post Properties; Terry Danner, CEO of Riverstone Residential Group, a Consolidated American Services (CAS) Group Services; Keith Oden, President, COO and Trust Manager of Camden Property Trust.

One point we would like to note about the discussion, and since we are fake pretend amateur economists, was on the outlook each CEO had on the economy. Three of the CEO's agreed that the economy as a whole would be slow to respond until '10-'11 with a rebound in late '09 a possibility. Two of the three said that it will probably get worse economically before we start to see a recovery.

Overall the discussion could have been a bit more energized and exciting however, the overall gist of the discussion was pretty frank and a good indicator into what keeps these guys up at night.

How Top CEOs Are Dealing With Rising Energy Costs, Other Challenges (multihousingnews.com)