REIA/Kellogg Annual Forecast Summit

January 20, 2000

Kellogg / REIA Real Estate Summit 2000
Promise of the New Millennium

Landauer Real Estate Counselors
Real Estate Market Forecast &
Full Day Participatory Symposium

Thursday, January 20, 2000
Palmer House - Chicago, Illinois

Call REIA at: (847) 676-0222

Summit Benefactors:
Landauer Real Estate Counselors
Grubb & Ellis Company

Summit Patrons:
American National Bank
Apex Realty Advisors / Apex Realty IT Solutions
Aries Capital, Inc.
Ernst & Young, LLP
Fisk, Kart & Katz, Ltd./American Property Tax Counsel
Guaranty National Title Company
Hawthorn Suites
LaSalle Bank NA
Mcgladrey & Pullen, LLP
Marcus & Millichap, LLP

Summit Sponsors:

Bidcom.com
Cray Kaiser, Ltd.
KGN, LLC

CONFERENCE DESCRIPTION

Prepare for success in the new millennium by attending Kellogg/REIA Summit 2000.. Incorporating a variety of exciting panel discussions on current market conditions, this year’s symposium features the 2000 Landauer Real Estate Market Forecast. This all-day event brings together the expertise of the nation’s premiere investment real estate organizations - Landauer Real Estate Counselors, the Real Estate Investment Association and Northwestern’s J.L. Kellogg Graduate School of Management, one of the nation’s most highly rated MBA programs. Kellogg/REIA Summit 2000 will arm you with the information you need to prosper in the promising yet uncertain marketplace of the 21st century.

Renowned as one of the most comprehensive and accurate studies of our industry, the Landauer Real Estate Market Forecast offers insights and hard empirical data. Panel discussions will further clarify your understanding of macro-economic and real estate trends, and how these will affect office, retail, industrial, residential and hotel marketplaces throughout the nation. Combining broad-based market information with quality guidance on local and regional issues, Kellogg/REIA Summit 2000 promises to be the symposium for forward-thinking professionals seeking to profit in the new century.

Kick off the new year with a curriculum that only these organizations can provide. Speaker, panelist and Q&A forums combine with a distinquished lunchtime keynote speaker and a special panel on the latest Federal Tax Legislation, in a full, valuable agenda that you simply cannot afford to miss! Attendance, however, is limited to a first-come, first-served basis. To join this top-level event, complete and return your Summit 2000 credentials today.

PROGRAM SCHEDULE

8:00 - 8:15a.m. Welcome And Introduction By The Summit Chairmen

Robert H. Weitzman, Chairman, Group One Investments
E. James Keledjian, President, Associated Equities
Jerome E. Finis, President, Geneva Real Estate Companies
Thomas Lys, Northwestern University, J.L. Kellogg Graduate School of Management

8:15 - 9:00a.m. Economic Overview of the Marketplace

Samuel D. Kahan, Federal Reserve Bank of Chicago (Detroit)
Paul Kasriel, V.P/Chief Domestic Economist, The Northern Trust Company

9:00 - 9:45a.m. Industrial Market Forecast

Forecaster: Hugh F. Kelly, Executive Managing Director, Landauer Associates, Inc.’s Research Group
Moderator: S.L. van der Zanden, President,
Apex Realty Advisors/Apex Realty IT Solutions
Panel Participants: Garry Weiss, Senior Vice President, Podolsky Northstar Realty Partners;
Paul Fisher, CFO, Centerpoint Properties REIT

9:45 - 10:00a.m. Coffee Break

10:00 -10:45 a.m. Hospitality Market Forecast

Forecaster: Hugh F. Kelly, Landauer Associates, Inc.
Moderator: E. James Keledjian, President, Associated Equities
Panel Participants: Stephen L. Schwartz, Chairman and CEO, First Hospitality Group, Inc;
Frank Cain, V.P./Director of Operations, Hawthorne Suites Hotel

10:45 -11:30 a.m. Retail Market Forecast

Forecaster: Hugh F. Kelly, Landauer Associates, Inc.
Moderator: Robin Cero, Senior Vice President, Aires Capital
Panel Participants: Gregory Greenfield, Owner/Operator, Gregory Greenfield & Associates.
Additional Panelist: To Be Announced

11:30 -12:15p.m. Office Market 1999 Forecast

Speaker: Hugh F. Kelly, Landauer Associates, Inc.
Moderator: Neal Freeman, President, Aires Capital
Panel Participants: Richard Stein, Senior Managing Director, Mesirow Stein Real Estate;
J. Paul Beitler, Chairman, Douglas Elliman-Beitler

12:30 - 2:00p.m. Luncheon & Keynote Speaker - Sam Zell, Chairman of the Board:
Equity Group Investments, LLC
Equity Office Properties REIT
Equity Properties Trust
Equity Residential Properties Trust
Manufactured Home Communities

2:00 - 2:45p.m. Residential Market Forecast

Speaker: Hugh F. Kelly, Landauer Associates, Inc.
Moderator: Robert H. Weitzman, Chairman, Group One Investments and Jerome E. Finis, President, Geneva Real Estate Companies
Panel Participants: Stephen Ross, Executive V.P., AMLI Residential Property Trust
Alan George, Exec. V.P., Equity Residential Properties Trust

2:45 - 4:00p.m. Regulation, Legislation and Tax Matters
Moderator: Jeffrey C. Rubenstein, Much Shelist Freed Deneberg Ament Bell & Rubenstein
Panel Participants: Randy P. Abeles, McGladrey & Pullen
Paul Koehler, KGN, LLC
James K. Scherzinger, Cray, Kaiser, Ltd.
Mark Bookman, Ernst & Young, LLP.

4:00p.m. Chairman’s Closing Remarks

DEALMAKERS DINNER In conjunction with Kellogg/REIA Summit 2000, REIA will hold its annual Dealmakers Dinner on Wednesday evening, January 19, 2000, at 6:00 p.m., upstairs at Gibsons, 1028 N. Rush Street, Chicago, Illinois. Tickets are $75.00 per person. Dinner and cocktails are included, and several guest speakers will discuss current transactions. For more information call REIA at (847) 676-0222 or Robert H. Weitzman at (312) 346-3434.