NOW HELMING
Meet your new TREC chairman, Deloitte’s North and Central Texas Audit Services managing partner Jim Berry, and vice chairman, Stewart Title SVP Melissa Eastman. This year, Melissa thinks the bottom is still looming, with $400 billion of loans coming due in the next 12 months. Jim expects the multifamily market to experience rate pressure in most markets, while hospitality will continue its challenges as discretionary spending of the individual consumer and corporate travelers remains well below pre-recession levels. Can they get away with saying they inherited those problems from the previous TREC administration? |