On one of many hot evenings in Austin, the National Association of Real Estate Editors gathered in Texas to honor journalists and publications, including Distressed Assets Investor, in 25 categories during its 60th annual journalism awards. During NAREE's conference, held from June 2nd to June 5th, industry experts and the journalistic elite of the real estate sector informed, questioned and debated various sectors of the economy and real estate.

As keynote speaker of the event, Henry Cisneros addressed the crowd on Thursday, June 3rd in straightforward terms regarding the ups and downs of the tumultuous housing and multifamily market. In general, his outlook was positive, seeing a robust turnaround looming for hotels and apartments.

Much of the conference centered around the economic recovery and on a more moderate scale, the green movement, of which the host city is a leading proponent within the us. The general consensus of the week was that the economy was turning around, but there was trepidation to declare that the industry was out of the woods. Moreover, many participants agreed the green movement needed to garner more focus, but would eventually become a standard within the development community.

The culmination of the weekend in Texas' capital city was on the second floor of Carrnelo's restaurant on 5th Street, where the awards were announced. Distressed Assets Investor won best newsletter. Winner of the president's award for best overall entry by an Individual was Jason Hidalgo of the Reno Gazette Journal, the president's award for best freelance collection was awarded to Mary Umberger for freelance contributions to the Chicago Tribune and Inman News, and Dan Miller at the Los Angeles Business Times won the president's award for best entry by a young journalist. The award winners were selected by a panel of expert judges from the E.W. Scripps School of Journalism at Ohio University. The chairman of the panel was professor Patrick S. Washburn, former news reporter and editor.

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Distressed Assets Investor Wins Best Newsletter

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