Build Your Network. And Your Knowledge
Federal Reserve Bank
Chapter: Phoenix
Location: The Camby, 2401 E. Camelback Road, Phoenix, AZ 85016
Price (per member):
$50/Member ~ $75/Guest ~ $500/Table of Ten
Members may register guest at the member rate of $50
(This must be done during your registration – Enter Guest in the Promo Code field.
If you need to register a guest after you have already registered please contact admin@lai-phx.org.)
Includes program and lunch.
Gary Palmer
Senior Manager
San Francisco Federal Reserve Bank
When the Fed raises interest rates what will it mean to you?
Learn what Gary Palmer, of the Federal Reserve Bank of San Francisco, Banking Supervision and Regulation Division has to say. No matter if you are a developer, banker, government official, lawyer or work in any industry associated with real estate, when the Fed raises interest rates, you will be affected. But how? As interest rates increase how will the value of your property be affected? What affect does a “sticky” NOI (Net Operating Income) mean to your property? How do changes in Cap Rates affect property values and loan portfolios? Meet Gary Palmer of the Federal Reserve Bank of San Francisco, and become informed on how changes in interest rates affect you.
Gary Palmer is Senior Manager of Surveillance & Data Analytics within Banking Supervision & Regulation at the San Francisco Federal Reserve Bank. With over 25 years of experience at the Fed, he oversees the work of the Surveillance and Analysis Unit, responsible for implementing offsite financial surveillance for supervised institutions as well as providing research, briefing and analytical support for senior management and for safety and soundness examinations. He also oversees the Data Analytics Unit which develops and administers models, data tools, and internal content websites to support banking risk analysis processes and provides MIS reporting support for the Supervision Division. For the past 12 years, Gary has served as subject matter expert for real estate market and banking industry trends and risks, and has overseen the development of related publications, reports, and internal e-newsletters. Public products include “First Glance 12L”, “Banks at a Glance”, and “Real Estate Lending Risks Monitor” (http://www.frbsf.org/banking-supervision/publications/).
Gary received his B.A. in Economics from the State University of New York at Cortland, his M.B.A. in Finance from U.C. Berkeley, and is a graduate of the Pacific Coast Banking School in Seattle.