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John McClain, Senior Fellow and Deputy Director of the Center for Regional Analysis at George Mason University, returns to PMA to present the 2007 State of the Industry Address, Thursday, October 18, 2007. Mr. McClain is uniquely qualified for this presentation. The Center for Regional Analysis conducts research and analytical studies on economic, fiscal, demographic, social and policy issues related to the growth and economic well being of the metropolitan Washington area. Prior to joining the staff at the Center for Regional Analysis, Mr. McClain was the Director of Information for CB Richard Ellis where he directed economic, demographic and real estate market research focusing on the Northeastern part of the United States. He covered the Washington, Baltimore, Philadelphia, New York and Boston markets.
Mr. McClain will identify the major economic, demographic, political and societal trends that will have the greatest effect on the development and management of real property in the metropolitan Washington region. Our region remains one of highest performing economies in the United States thanks in part to a very “rich uncle.” Federal government outsourcing continues at a record-setting rate. In 2007, Uncle Sam is expected to spend nearly $50 billion on local contracts. Mr. McClain will project on the prospects for continued economic growth and identify job growth potential for our region, the companies that will create new positions and where they are most likely to be located. He also will address the short- and long-term impact of the subprime mortage collapse.
This is a must-attend meeting for those looking toward the future and who are responsible for the development and execution of management plans for property management organizations. The cost is $80 per member. Register online or use the registration form from the 2007 State of the Industry Address flyer.
