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MEREDA 2011 Annual Spring Conference, Commercial Real Estate 2030: Mega Trends, Mega Impacts
A look 20 years into the future of Maine's real estate market

November 30, 1999 - 1:00PM
to 6:00PM

Abromson Community Education Center
University of Southern Maine
88 Bedford Street
Portland, ME

Registration for this event is no longer available online. Please contact the MEREDA office at 874-0801 for more information.

The program has been approved for 4.00 Broker & 4.00 Legal Continuing Education Credits.

About the Event:

1:00 – 5:00 Program
5:00 – 6:00 Networking

The Future of Commercial Real Estate
A Look 20 Years Into the Future of Maine's Real Estate Market

Prepare For the Future of Maine Real Estate Now

What are the social, economic and demographic trends shaping Maine's Real Estate environment today? How can you get ready for the future while building toward success in the present conditions?

At this year's MEREDA Spring Conference, we'll be hosting a focused and very relevant discussion about what you can do now to secure your success for the long term.

Join us for a much-anticipated keynote address from famed Real Estate Futurist Dr. Susan Wachter of the Wharton School of the University of Pennsylvania. Then hear a lively session with our expert panel – moderated once more by former Maine Governor and energy entrepreneur Angus King – discussing the impacts future trends will have on Maine's population and demographics, transportation, energy, sustainability, and our place in the national and global economy.

More than a dozen exhibitors will also be on hand to display their latest products and services, speak with you one-to-one, and answer your questions.

You can't afford to miss this event!  

The program has been approved for 4.00 Broker & 4.00 Legal Continuing Education Credits.         

Conference moderator, former Governor Angus King - MEREDA is pleased to welcome back former Maine Governor Angus King, who will be moderating our Annual Spring Conference for a second time. King has been at the forefront of green energy development since his work as vice president and general counsel for Swift-River Hafslund Company in the 1980s. He was elected governor in 1994 and for the next eight years focused on creating jobs, improving the economic climate of the state, protecting the environment and conserving precious Maine land for future recreational use. Since leaving office, King has remained active on environmental and green energy issues, working with Maine schools and as a Principal of Independence Wind, a Maine-based developer of large-scale wind power projects in Maine and New England.

12:00 – 12:50 PM Registration / Networking / Exhibitors
12:50 – 1:00 PM Introductory Remarks, Thomas N. Lea, MEREDA President
1:00 – 1:40 PM    Keynote Speaker Dr. Susan Wachter:  Harvard and Boston College graduate, special guest Dr. Susan M. Wachter, Richard B. Worley Professor of Financial Management; Professor of Real Estate and Finance at the Wharton School of the University of Pennsylvania is a nationally recognized expert and “futurist” on real estate market trends and policy.  Her presentation will look forward 20 years to discuss how demographic shifts, globalization and technology will impact the national, regional and local real estate markets focusing on anticipated trends in development of the Northeast corridor.  Dr. Wachter will speak about Maine’s geographic and demographic strengths and weaknesses, and the important role they play in our regional real estate development trends.  Her insights will assist real estate professionals in planning how the Maine market is likely to take shape in the future and where real estate investments will be focused.
1:40 – 2:30 PM

Mega Trends / Mega Impacts – Moderated Panel Discussion
What are the most important trends shaping and propelling Maine’s economy?  How will these trends affect Maine’s future commercial real estate market?  What demands will be put on the real estate development industry in the months and years to come?  Moderator Angus King poses these and other questions to our panel of experts as they offer in-depth analysis of how changes in the political landscape, energy sector, transportation and demographic shifts will impact commercial real estate development in 20 years.  The panel will also explore how changing use patterns, energy sources, regulations, conservation efforts and population shifts will affect our future real estate landscape.

Laurie Lachance, MDF Foundation (Population/Demographics) - Commissioner David Bernhardt, MDOT (Transportation)
Gunnar Hubbard, Fore Solutions (Sustainability) - Angus King, BSSN (Energy)  - Susan Wachter, Wharton School (Global and National Trends)

2:30 – 2:50 PM Moderated Q & A Session with Audience
2:50 – 3:20 PM One-to-One with Maine Businesses
After the first Q&A with our panel, we are offering a session where conference participants can meet with exhibitors who will be displaying a variety of products and services of interest.  In addition, conference participants will have the opportunity to speak one-to-one with the panelists and Keynote Speaker, and suggest additional ideas and topics for discussion that can be incorporated into wrap-up session.
3:20 – 4:15 PM Conclusions / Wrap Up:  The Future is Already Here
Our Keynote Speaker will return to provide final thoughts on the “megatrends” impacting real estate development and investment in Maine in the coming 20 years.  Moderator Angus King will also pose some final questions to panelists to provide the conclusions and essential next steps we must all take in order to sustain the Maine economy and experience significant growth in the Maine real estate industry. 
4:15 – 5:00 PM Moderated Q & A Session with Audience
5:00 – 6:00 PM Networking Reception / Social Hour

Keynote Speaker:

Dr. Susan Wachter

Dr. Susan Wachter is the Richard B. Worley Professor of Financial Management and Professor of Real Estate and Finance at The Wharton School of the University of Pennsylvania.  At Penn, Dr. Wachter is also Professor of City and Regional Planning at the School of Design and Co-Founder and Co-Director of the Penn Institute for Urban Research. Dr. Wachter has served as President of the American Real Estate and Urban Economics Association, as Co-Editor of the leading academic real estate journal, Real Estate Economics and has published 10 volumes and more than 150 scholarly articles. Dr. Wachter was Assistant Secretary for Policy Development and Research at HUD, a President appointed and Senate confirmed position, from 1998 to 2001. From 1996 to 1998, Wachter was Chairperson of the Wharton Real Estate Department. Dr. Wachter, a nationally recognized expert on real estate market trends and policy, frequently appears on national media and testifies before the US Congress.


Gunnar Hubbard

Gunner Hubbard is an architect, a LEED AP BD+C, and Principal of Fore Solutions: Consultants for High Performance, Green Buildings located in Portland, ME. He consults on projects ranging from affordable housing in Maine, to large national projects like the CityCenter project in Las Vegas, and international projects in the Middle East & Asia. His work brings integrated design and green building approaches to forefront of decision making for the client, design team, contractor, and occupants. He is a USGBC LEED® Faculty™, and, through Fore Solutions, also teaches green building workshops internationally. Prior to starting Fore Solutions, he had an architecture practice in San Francisco, and he was a research scholar in Green Development Services at the Rocky Mountain Institute where he did research across the country on environmentally-responsible architecture and development. He has an MARCH from the University of Oregon, and a BS from the University of Vermont.

Angus S. King, Jr.

Former two-term governor of Maine, Angus S. King joined Bernstein Shur in January 2004 and primarily concentrates on providing strategic and legal advice to the firm's business clients.

Gov. King was elected Maine's 71st Governor in 1994 and reelected in 1998 by one of the largest margins of victory in the state's history. He was one of only two independent governors in the country. During his term in office, the state's corrections and mental health systems were substantially rebuilt, both in terms of program and infrastructure; major improvements were made in the state's service capability—including on-line services; and the state dramatically increased its commitment to research and development. Significant reductions were made in a variety of state taxes. Additionally, as governor, he oversaw the largest increase of lands in conservation in the state's history and started the nationally recognized program to provide laptop computers to every seventh and eighth grade student in the state—regardless of location or family income—with a goal of making Maine's students the most computer literate in the world.

David Bernhardt, P.E.

David B. Bernhardt was appointed to be Maine's Commissioner of Transportation by Governor Paul R. LePage, and was sworn into office in February 2011.

Commissioner Bernhardt joined the Maine Department of Transportation in 1984 and has held several positions at the department over the years. Immediately prior to his becoming Commissioner, he was MaineDOT's Director of Engineering and Operations. His duties in that role included tackling difficult or recurring engineering, technical and operational challenges, and recommending solutions based on engineering and operational experience, and transportation-system performance measures.

Dave Bernhardt previously served as MaineDOT's Director of Maintenance and Operations for more than four years, during which time he implemented a number of cost- and efficiency-gaining initiatives.

Laurie Lachance

Laurie was named President and CEO of the Maine Development Foundation in 2004 and is responsible for overseeing all the activities of the Foundation. Prior to MDF, Laurie served as the Maine State Economist for eleven years for three governors. In that capacity, she chaired the Maine State Revenue Forecasting Commission, and served as lead or co-lead on utility restructuring, telecommunications, the retirement industry, and tax reform. Prior to joining state government, Laurie served as the Corporate Economist at Central Maine Power Company. She is a frequent author and speaker on the economic status of Maine. Laurie holds an undergraduate degree from Bowdoin College and an MBA from Thomas College, and has been the recipient of several awards including: the Kenneth M. Curtis Leadership Award, Dr. Mary Chandler Lowell Award, Margaret Chase Smith Policy Center Distinguished Maine Policy Fellow, Thomas College Distinguished Alumnus, and, most recently, the Deborah Morton Award.

Continuing Education Credits:

The program has been approved for 4.00 Broker & 4.00 Legal Continuing Education Credits.

News About This Event:

04/25/2011   Annual Spring Conference Features Noted Real Estate Futurist   Release
Materials Related To This Event:

Event Mailer   PDF
Can improved access to service centers have an economic impact on prospective developers?   Presentation
David Bernhardt, Maine DOT    
Can you imagine creating buildings that generate more energy than they use?   Presentation
Gunnar Hubbard, Fore Solutions    
Megatrends, Mega-impacts: Implications for Maine, 2035   Presentation
Susan Wachter, Wharton School of the University of Pennsylvania    
Making Maine Work   Presentation
Laurie Lachance, Maine Development Foundation    

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