The East Central PA RMA is excited to provide this opportunity to its members, totally free of charge. If you have been in banking since 2007, you have experienced the Great Recession and now a Great Pandemic. These historical times present their challenges but more importantly a great learning opportunity. This presentation will provide you with strategies for protecting your CRE portfolio during these challenging times. It will also provide a market update on CRE in the Lehigh Valley. It is great opportunity to listen to legal and real estate experts on best practices for managing your CRE portfolio during COVID-19.
Our featured panelists:
Jack Seitz-Lesavoy Butz & Seitz
A creditors’ lawyer, Jack Seitz has more than 35 years of experience representing lenders, developers, receivers, and other business clients with a focus on creditors’ rights, workouts, asset recovery, bankruptcy litigation, commercial foreclosure, receiverships, bank litigation, lender liability (defense), commercial collection and fraudulent conveyances. Jack handles asset recovery litigation and sheriff’s sales throughout Pennsylvania and in New Jersey. Jack also concentrates in the litigation of disputes involving fraud, business relationships, and real estate. Jack is a frequent lecturer on foreclosure, bankruptcy, workout issues, and other lender topics.
Frank Smith-NAI Summit
Frank Smith has over 35 years’ experience in the areas of construction, real estate development, property management and brokerage. Mr. Smith was the former General Partner in the largest commercial real estate development firm in the Lehigh Valley. He has personally overseen the construction of approximately five million square feet of new buildings and two million square feet of tenant improvement work. This background translates into a host of benefits NAI Summit can offer owners as consultants, developers and property managers. His in-depth knowledge of tenant requirements and costs, building construction and maintenance, as well as long-standing relationships within the community allow Summit to offer efficiency in procurement of services necessary in the operation of real estate. In his role as a principal of NAI Summit, Mr. Smith oversees development, management, and administrative functions associated with NAI Summit’s portfolio. Frank studied civil engineering at Temple University and is a CPM® (Certified Property Manager), a designation awarded by the Institute of Real Estate Management (IREM) of the National Association of Realtors® to professional real estate managers who have distinguished themselves in the areas of experience, education and ethical conduct. He is also a CCIM (Certified Commercial Investment Manager) with the Commercial Investment Real Estate Institute (CIREI) an affiliate of the National Association of Realtors®. CCIMs are recognized experts in commercial real estate brokerage, leasing, asset management, valuation and investment analysis and form a business network encompassing 1,000 markets throughout North America.
Frank is a committed community leader who serves on multiple nonprofit organizations including Boy Scouts of America, March of Dimes, ArtsQuest, Salvation Army, former Community Services for Children, and Calvary Church. Outside of the office, Frank spends his time as an outdoor enthusiast photographer and enjoys hiking and family time.