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Conference Set on Apartment Investments

October 01, 1989

Methods of projecting vacancy factors and the rehabilitation of existing property will be on the agenda at the third annual Apartment House Investment Conference on Oct. 31 at the Beverly Hilton Hotel, Beverly Hills.

The seminar will also include reports on recent rulings and court trends, valuations and expected rates of return, approaches to tax deferred exchanges, and discussion of the economy and its expected impact on apartment house investment.

The seminar will be presented by Alan A. (Scotty) Herd, a Beverly Hills realtor, and a panel of real estate, legal and financial experts. The 8 a.m. to 4:30 p.m. forum is sponsored by UCLA Extension and the Apartment House Assn. of Greater Los Angeles.

"The futurist has become more important than the analyst," in the business of apartment investment, Herd said.

The seminar will focus on the continuing effects of tax reform, rent control, changing investment requirements, no and slow-growth initiatives, changing consumer habits and attitudes and environmental concerns. The speakers are:

Real estate: Stephen C. Carlson, executive director, California Housing Council, Sacramento; Sanford R. Goodkin, executive director, Peat Marwick/Goodkin Real Estate Consulting Group, San Diego; Dorothy Gourley, Dorothy Gourley & Associates Inc., Irvine; John M. Huskey, president, Calmark Properties Inc., Los Angeles, and Donald D. Hedgepath, sales associate, Coldwell Banker Commercial Real Estate Co., Los Angeles.

Finance: Steven H. Gold, chairman, Center Financial Group, Los Angeles; Peter Bayard Cartmell, senior vice president, Koss Financial Corp., Santa Monica; Jeffrey E. Palmer, chief executive officer, Columbia Savings Realty Group, Beverly Hills, and Richard A. Hess, executive vice president, Gelfand Newman & Wasserman, insurance brokers and agents, Los Angeles.

Apartment brokerages: Dirk Huybrechts, investment sales manager, Jon Douglas Co., Los Angeles; Jean C. Liu, investment properties specialist, Grubb & Ellis, Los Angeles, and Arnold L. Zimmerman, senior investment associate, Marcus & Millichap, Encino.

Attorneys: Trevor Grimm, general counsel, Apartment House Assn. of Greater Los Angeles, Los Angeles; Norton Karno of Karno, Schwartz & Friedman, Encino; Joel Moskowitz of Gibson, Dunn & Crutcher, Los Angeles, and James J. Cook, president, the Cook-Holman Co., San Marino.

Registration is $165. The fee is reduced to $135 per person when at least three people from the same organization pre-enroll. For information, call (213) 206-1409.

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