Financial Services >> Analyst Interviews >> August 18, 2003
DAVID M. FICK is Managing Director of Real Estate Research at Legg Mason
Wood Walker. Mr. Fick analyzes the real estate industry, focusing on the
retail real estate sector, including companies investing in regional
malls, shopping centers and factory outlet centers. Mr. Fick has 20
years of real estate industry experience. Prior to joining Legg Mason,
he was a real estate investment specialist and structured numerous
transactions for real estate investors. He was previously Equity Vice
President of LaSalle Partners/Alex. Brown Kleinwort Benson. Mr. Fick was
also Chief Financial Officer of Western Development/Mills Corporation.
Prior to that he was a practicing CPA and consultant with a national
accounting firm, specializing in the real estate industry. Mr. Fick is
on the active faculty of the Berman Real Estate Institute of Johns
Hopkins University, where he teaches real estate finance, real estate
accounting and taxation, and real estate capital markets. He holds an
MBA with a Finance concentration from Loyola College, and a BS in
Business and Accounting from Towson University. Profile
TWST: I know you focus on some of the office and industrial markets. Whyhave these rebounded already?
Mr. Fick: If you look at the earnings process as we go through the
earnings season and