About The Conference:

iGlobal Forum is pleased to announce the 9th Real Estate Private Equity Summit due to take place in New York on October 9th, 2013.  Real estate yields remain compressed, pushing many investors to look higher up the risk curve for good returns. New opportunities exist in the single-family housing sector and in secondary and tertiary regions, as well as in a recovering Europe and certain developing economies. This senior-level forum will once again be the premier platform to unite and network face-to-face with Corporate & Public Pension Plans, Insurance Companies, Private Equity Real Estate Firms, R.E.I.T’s, Real Estate Venture Capitalists, Investment Banks, Distressed Debt Firms and Investors, Hedge Funds, Real Estate Asset Management Firms, and Commercial Real Estate Executives & Advisors.

9th Real Estate Private Equity Summit

Key topics that will be covered:

  • Evaluating Which New Regions and Industry Sectors are Providing the Best Investment Opportunities 
  • Best Practice Strategies to Profit from a Potential Recovery Wave in Europe and the Growth Story in Asia
  • How to Find Better Risk-adjusted Returns Higher up the Risk Curve 
  • What is Shaping the Definition and Evolution of the LP/GP Relationship
  • Examine Which Investors are Increasing Their Allocations to U.S. Real Estate and by How Much
  • Assessing Which Players are Most Active in the Debt Markets, and how the Capital Stack is Changing
  • The Potential of Single-family Housing as a New Investment Class

Network with leading:

  • Real Estate Private Equity Firms 
  • Corporate & Public Pension Plans 
  • Insurance Companies 
  • Investment Banks 
  • Distressed Debt Firms and Investors
  • Real Estate Asset Management Firms 
  • Commercial Real Estate Executives
  • Real Estate Developers, Owners & Investors

Speakers

Keynote Speaker

Sam Zell

Sam Zell

Chairman

EQUITY GROUP INVESTMENTS

Sam Zell is the Chairman of Equity Group Investments (EGI), the private investment firm he founded more than 40 years ago. The firm’s investments span industries and continents, and include interests in finance, energy, transportation, communications, healthcare and real estate. Zell is recognized as a founding father of today’s public real estate industry after creating three of the largest real estate investment trusts (REITs) in history.

He is also Founder and Chairman of Equity International, a private investment firm focused on building real estate-related businesses in international emerging markets. Zell has been particularly active in bringing Equity International’s companies to the public markets. Three of these investments are listed on the New York Stock Exchange: Gafisa, a leading homebuilder in Brazil; Xinyuan, a fast-growing regional homebuilder in China; and Homex, Mexico’s leading homebuilder. A fourth, BR Malls, Brazil’s largest retail property owner and operator, is listed on the Bovespa.

Zell maintains substantial interests in, and is the Chairman of, four other public companies listed on the New York Stock Exchange: Equity Residential, the largest apartment REIT in the U.S.; Equity LifeStyle Properties, Inc., a manufactured home community REIT; Covanta Holding Corporation, an international owner/operator of energy-from-waste and power generation facilities; and Anixter International Inc., a leading global provider of communications, security, and wire and cable products. Previously, Zell served as Chairman for Equity Office Properties Trust, which was sold in 2007 to The Blackstone Group for $39 billion in one of the largest private equity transactions in history. 

Zell serves on the JPMorgan National Advisory Board; the President’s Advisory Board at the University of Michigan; the Visitor’s Committee at the University of Michigan Law School; and with the combined efforts of the University of Michigan Business School, established the Zell/Lurie Entrepreneurial Center. Zell’s continual assistance to Michigan’s MBA program has also enhanced the Business School’s Polish Studies Program. He was appointed a DeRoy Visiting Professor in Honors at the College of Literature, Science and the Arts at Michigan. He is also a long-standing supporter of the University of Pennsylvania Wharton Real Estate Center, where he endowed the Samuel Zell/Robert Lurie Real Estate Center. Zell also endowed Northwestern University’s Center for Risk Management. He holds a JD degree and a BA from the University of Michigan.

David Tepperman

David Tepperman

Senior Investment Officer

NEW YORK STATE COMMON RETIREMENT FUND

Mr. Tepperman is a Senior Investment Officer with the New York State Common Retirement Fund where he has invested more than $1billion on behalf of the Fund. David currently manages $2.6 billion of the global portfolio of real estate, direct joint ventures, funds, and co-investments. David is responsible for investing in real estate and real estate related transactions. He is currently focused on investments in Asia and Europe, and is the lead Investment Officer for all of the Fund’s Asian real-estate investments. David also serves as the Fund’s representative on the boards of investor committees of commingled funds and joint ventures having a total value well in excess of $20 billion. David has worked in the real estate and finance sectors in the U.S., Asia, and Europe for the last 20 years.  He worked on various global real estate transactions and structuring projects while holding positions with KPMG Consulting and a China-based real estate firm. David is involved in numerous industry organizations including the Urban Land Institute and the New York Private Equity Network. He holds an M.B.A. from the Fuqua School of Business at Duke University, an M.S. in Real Estate Finance from New York University and a Certificate in Financial Engineering from the Swiss Finance Institute.

Brian Hurley

Brian Hurley

Principal

BRIAN W. HURLEY CORPORATION

With more than 20 years of operational and executive management experience across multiple facets of the real estate market, Brian Hurley has become a recognized housing thought leader.  Hurley's career has included multiple business formations, reorganizations, mergers and sales.  His unique transactional insights lead to creative approaches and innovations in deal structuring, operational and organization design, and market positioning. Prior to forming his own investment and advisory firm in April 2013, Hurley served as the president and chief operating officer of New Vista Asset Management, a premier asset management company delivering REO disposition services nationwide through a community-focused network of top-tier multicultural brokers.  Before joining New Vista in 2009, Hurley served as president of Stewart Title of California, overseeing all title, escrow and ancillary operations for Stewart Title Company in the nation's largest real estate market.  Hurley first joined the Stewart Title organization in 2002 following Stewart's acquisition of a controlling interest in InterCity Capital Corporation, a specialized provider of escrow, title, mortgage servicing, portfolio management and consulting services.  Hurley served as president, CEO and a principal of InterCity, leading strategy and operations for the company's mortgage, brokerage and settlement units.  A licensed California real estate broker and qualifying California escrow manager, Hurley graduated summa cum laude from the University of California at Berkeley with a Bachelor's Degree in Economics, and holds and MBA from Berkeley's prestigious Haas School of Business.

Carl Gomez

Carl Gomez

Senior Vice President, Research

BENTALL KENNEDY

Carl Gomez is Senior Vice President & Chief Economist at Bentall Kennedy. With over fifteen years of business and academic experience, Carl provides management and clients with strategic insight into the impact of emerging macroeconomic and capital market forces on real estate investment markets in North America. He is also responsible for leading Bentall Kennedy’s Canadian research initiatives including portfolio and asset management strategy.

 

Carl was promoted to his current position in September 2011 and joined Bentall Kennedy in 2006 as Vice President of Research. Prior to Bentall Kennedy, Carl worked on Bay Street as a Senior Economist, first with RBC Financial Group and then with TD Bank Financial Group. In both of these capacities, he specialized in macroeconomic forecasting and Canadian real estate market analysis and was a nationally recognized media commentator on financial issues and real estate related developments. Carl began his career as an economist in Vancouver where he held the position of B.C. Regional Economist with the Canada Mortgage and Housing Corporation (CMHC) and he occasionally lectured on demographic based forecasting methods at Simon Fraser University. Carl holds an M.A. in Economics from the University of Victoria and an Honours B.A. (Economics) from the University of Western Ontario. Carl is currently on the board of directors for the Toronto Association of Business Economists.

Adam Brooks

Adam Brooks

Managing Director, Real Estate Investments

ALLIANCE BERNSTEIN

Mr. Brooks is a Managing Director of the Real Estate Investment Group at AllianceBernstein, a publicly traded investment manager with over $450 billion of assets under management. AllianceBernstein is currently investing on behalf of AllianceBernstein U.S. Real Estate Partners, a $680mm discretionary equity fund, focusing on opportunistic investments in U.S. real estate. Mr. Brooks serves on the investment committees of this fund as well as AB Commercial Real Estate Debt Fund, a $710mm discretionary vehicle focused on senior debt investments. Prior to joining AllianceBernstein, Mr. Brooks was a Managing Director and Head of Real Estate Mezzanine Investments in the Real Estate Principal Investment Area at Goldman Sachs. Throughout his 15 years at Goldman Sachs, Mr. Brooks focused on real estate acquisitions and the real estate mezzanine debt investment platform. Prior to joining Goldman Sachs, Mr. Brooks worked as an Analyst in the Investment Banking Division at Salomon Brothers Inc. Mr. Brooks graduated from Princeton University with a bachelor’s degree in economics and a certificate in political economy.

Sonny Kalsi

Sonny Kalsi

Founding Partner

GREENOAK REAL ESTATE

Sonny Kalsi is one of the Founding Partners of GreenOak Real Estate, a real estate merchant banking platform with operations in New York, London and Tokyo.  He formed GreenOak in early 2010 along with his partners, and former Morgan Stanley colleagues, John Carrafiell (London) and Fred Schmidt (Tokyo).  Sonny was, until early 2009, the Global Head of Morgan Stanley Real Estate Investing (MSREI) and President of the Morgan Stanley Real Estate Funds (MSREF).  Prior to that, he was the Global Co-Head of MSRE Investing.  At its peak, MSRE Investing had approximately $100 billion of assets under management in 33 countries and 25 offices around the world with over 800 full time staff.  The largest concentrations of asset holdings were in the US, UK, Germany, Japan and China.

Prior to managing MSRE Investing globally, Sonny helped to build its Asian business, spending nine years in Hong Kong and Tokyo.  During his tenure, the team grew to over 300 professionals, with an operation that included Japan, China, India, South Korea, Australia and a number of other countries. Before joining Morgan Stanley in 1991, Sonny was employed by PaineWebber in the Mergers and Acquisitions Department.  Sonny has been involved on the boards of a number of the MSRE portfolio companies and continues to act as an important advisor to many of their management teams.  He has been cited in several publications for his profile in the real estate industry, including Private Equity Real Estate magazine as one of the “30 Most Influential” people in private equity real estate globally.


He is a graduate of Georgetown University with a degree in Business Administration and remains actively involved with the school.  Sonny is also involved in a number of industry organizations, including the Urban Land Institute and PREA.  He is a member of the Board of Regents of Georgetown University, a Trustee of the Asia Society and a board member of the Jorge Posada Foundation.  Sonny is also actively involved in the Metro NYC and International chapters of YPO.  During the Fall of 2009, Sonny served as an Assistant Adjunct Professor at Columbia University in the Master’s of Real Estate Program, teaching a course in International Real Estate with a focus on Japan and China.

Russell Appel

Russell Appel

President

THE PRAEDIUM GROUP

A founder of The Praedium Group and its President, Mr. Appel has been building the Company since 1991 and has overseen all aspects of The Praedium Group`s activities, including its strategy and its investment policy. In addition to his responsibilities with The Praedium Group, Mr. Appel ran CSFB`s Commercial Mortgage Finance business from 1991 to 1994, where he became a Managing Director. At CSFB, Mr. Appel supervised the execution of commercial and multifamily asset securitization and sale advisory assignments totaling in excess of $13 billion. Prior to joining CSFB in 1991 and his association with The Praedium Group, Mr. Appel was a Vice President in the Real Estate Department of Goldman Sachs & Co. for five years. At Goldman Sachs, he was involved in real estate-related sales, financings, mergers and acquisitions and capital markets transactions totaling in excess of $3 billion. Mr. Appel holds a B.S. in Economics (magna cum laude) and an M.B.A. (with distinction) from the Wharton School of the University of Pennsylvania. Mr. Appel served as Chairman of the Board of Directors of the Pension Real Estate Association between 2008 and 2010, and he has previously held the positions of Vice Chairman, Treasurer and Board Member.

John Randall

John Randall

Senior Vice President

PCCP LLC

John W. Randall is a Senior Vice President of PCCP, LLC.  Mr. Randall joined PCCP in December 2009 and focuses on East Coast debt and equity originations particularly in the Mid-Atlantic area.  Prior to PCCP, Mr. Randall spent six years and invested over $1 billion in real estate debt and preferred equity positions within the Real Estate Private Equity group of Lehman Brothers.  Prior to Lehman Brothers, Mr. Randall was a Vice President with Deutsche Bank, originating and underwriting mezzanine investments for the DB Real Estate Mezzanine Investment Funds.  Mr. Randall's experience also includes work at Daiwa Securities originating and structuring conduit loans for their CMBS group.  Mr. Randall started his career with Arthur Andersen and Jones Lang Wootton where he valued over $1 billion of real estate in the U.S. and Latin America.  Mr. Randall has over 14 years of real estate experience and holds a B.A. in Economics from Bowdoin College, magna cum laude, and an M.B.A. from the Wharton School of the University of Pennsylvania.

Bruce Batkin

Bruce Batkin

President & Chief Executive Officer

TERRA CAPITAL PARTNERS

 

Bruce Batkin is Co-Founder, President and Chief Executive Officer of Terra Capital Partners, a private real estate funds management firm focused primarily on mezzanine and preferred equity investments.  Since its founding, Terra has originated and managed investments in over 35 million square feet of property nationwide with a value of nearly $5 billion. It is the sponsor of the Terra Secured Income series of fixed income funds. For the past 35 years, Mr. Batkin has been active in real estate acquisition, finance, investment banking and development and has structured transactions with an asset value of over $10 billion.  Prior to co-founding Terra in 2002, he held senior management positions at Merrill Lynch & Co., Donaldson, Lufkin & Jenrette, ABN AMRO and several private real estate development partnerships. He is a member of the Urban Land Institute and a frequent speaker at real estate industry events. Mr. Batkin received his Bachelor of Architecture degree from Cornell University and an MBA degree from Harvard Business School. 

Bruce Batkin is Co-Founder, President and Chief Executive Officer of Terra Capital Partners, a private real estate funds management firm focused primarily on mezzanine and preferred equity investments.  Since its founding, Terra has originated and managed investments in over 35 million square feet of property nationwide with a value of nearly $5 billion. It is the sponsor of the Terra Secured Income series of fixed income funds. For the past 35 years, Mr. Batkin has been active in real estate acquisition, finance, investment banking and development and has structured transactions with an asset value of over $10 billion.  Prior to co-founding Terra in 2002, he held senior management positions at Merrill Lynch & Co., Donaldson, Lufkin & Jenrette, ABN AMRO and several private real estate development partnerships. He is a member of the Urban Land Institute and a frequent speaker at real estate industry events. Mr. Batkin received his Bachelor of Architecture degree from Cornell University and an MBA degree from Harvard Business School. 

 

Nancy Lashine

Nancy Lashine

Managing Partner & Founder

PARK MADISON PARTNERS

With more than 25 years of real estate experience, including providing placement and strategic consulting services both as principal and agent, Ms. Lashine brings senior-level attention to every client assignment. As a strategic consultant, Ms. Lashine has advised leading institutional real estate investment advisors and managers on product development and expansion, the implementation of institutional marketing initiatives, and the organization of professional teams. She has also been directly involved in the formation of investment products across the equity and debt markets and along the risk-return spectrum from core funds to opportunity funds.  Ms. Lashine earned a BFA in Dance Theatre from Case Western Reserve University and an MBA from Columbia Business School, where she graduated with majors in finance and marketing. She is a member of ULI and WX (Executive Women in Real Estate) and is a past board member of Pension Real Estate Association.

Michael C. Hudgins

Michael C. Hudgins

Executive Director/ Global REIT Strategist

J.P. MORGAN ASSET MANAGEMENT

Michael C. Hudgins, Executive Director, is the Global REIT strategist on the U.S. Equity Team as well as a member of the research group for the Global Real Assets Group.  An employee since 2007, Michael is responsible for providing market insight to the NYC REIT portfolio management team, serving as the external spokesman for the U.S., International and Global REIT strategies, and generating research related to the real estate asset class.  In the industry since 1993, Michael has extensive real estate experience and was previously a research analyst covering the office REIT sector at Stifel Nicolaus.  Prior to that, he was a research strategist at Property & Portfolio Research providing research on all four quadrants of the real estate asset class to his clients.  He also worked at Bovis Lend Lease as vice president of Strategic Planning.  Michael holds a B.A. from Williams College and a Master's degree in real estate from Johns Hopkins University.  Michael is involved with the National Association of Real Estate Investment Trusts (NAREIT), the leading REITs industry group, and a member of their Real Estate Investment Advisory Council (REAIC). He is also a Hoyt Fellow.  He holds Series 7 and 63 licenses. 

Hugh Macdonnell

Hugh Macdonnell

Managing Director

CLARION PARTNERS

Hugh Macdonnell, Managing Director, is the Global Head - Client Capital Management for Clarion Partners. He is a member of the firm’s Executive Board, Investment Committee and Operating Committee. He has global responsibility for the firm’s client relationships and capital raising. Hugh joined Clarion Partners in 2011 and began working in the real estate industry in 1991.

Mark Roberts

Mark Roberts

Managing Director, Head of Research & Strategy

DEUTSCHE ASSET & WEALTH MANAGEMENT

Mark Roberts, Managing Director, Head of Research and Strategy, Alternatives and Real Assets  – Mark Roberts is currently a Managing Director at Deutsche Asset & Wealth Management, and Head of Research and Strategy for the Alternatives and Real Assets platform. In this role, he oversees the research teams that support the firm’s global real estate investment process, providing in-depth knowledge and unique perspectives on the markets, trends and landscape for global real estate investing.  He is also a member of the Executive Investment Committee and is based in New York. With prior experience of more than 25 years in real estate, Mark held a series of senior research and management positions at Invesco Real Estate from 1996 to 2011. Mark holds an MS in Real Estate from the Massachusetts Institute of Technology, a BA in Architecture from the University of Illinois at Urbana, and attended the Graduate School of Management at the University of Dallas.  He is the Past-Chairman of the Board of the National Council of Real Estate Investment Fiduciaries (NCREIF), was the former President of the Real Estate Research Institute (RERI), past Chairman of the NCREIF Research Committee, and a member of the NCREIF Fund-Index Subcommittee which developed the NFI-ODCE Index.  He is Fellow of both the Homer Hoyt Institute and RERI.  Mark holds the Chartered Financial Analyst® designation and is also a registered architect.  He has authored a chapter for The Handbook of Alternative Investments and contributed several research and strategy papers to the Institute for Fiduciary Education.

Jeffrey A. Barclay

Jeffrey A. Barclay

Managing Director

GOLDMAN, SACHS & CO

Jeffrey is responsible for the Real Estate Investment Group (REIG) within the Investment Management Division, which invests in core, core plus and value added real estate assets in the United States on behalf of Goldman Sachs Asset Management and Private Wealth Management clients. He has over 25 years of real estate investing experience. Jeffrey joined Goldman Sachs as a managing director in November 2010.


Prior to joining the firm, Jeffrey was responsible for leading real estate investment activity, including both direct investments and joint ventures, throughout the United States for ING Clarion Partners, one of the largest US real estate investment management firms and a wholly owned subsidiary of the ING Group. He served on the firm’s Executive Board, Operating Committee and led its Investment Committee. Prior to joining ING in 1993, Jeffrey was a partner at Hamilton Securities, a Washington, DC-based investment bank. From 1989 to 1992, he was responsible for investment sales at Jones Lang LaSalle. Jeffrey began his real estate investment career in 1983 at the Lawrence Ruben Company, a private development and investment company. He also worked in the real estate department of Chemical Bank and in the equity research group at CS First Boston.

Jeffrey is vice chairman of the Board of Directors of the National Association of Real Estate Investment Managers (NAREIM), chairman of the IOPC Gold Council of the Urban Land Institute (ULI), and member of the board of the Pension Real Estate Association (PREA). He has also served as an adjunct professor in the MBA program at Columbia Business School since 2004.

Jeffrey earned a BS in Economics and an MBA in Finance and Accounting from Columbia University.

Craig S. Nickerson

Craig S. Nickerson

President

NATIONAL COMMUNITY STABILIZATION TRUST

Craig Nickerson serves as President of the National Community Stabilization Trust, a national nonprofit organization created in 2008 to spur the revitalization of neighborhoods in the wake of the current housing crisis. The Stabilization Trust helps localities hard hit by foreclosures and abandonment by increasing access to foreclosed property and improving access to financing from participating financial institutions. Craig has held leadership roles in the community development arena for over 40 years. From 1997 to 2008, Craig was Vice President of Expanding Markets for Freddie Mac, where he had oversaw all single-family affordable housing lending initiatives for the corporation. Prior to joining Freddie Mac, Craig worked for Secretary of HUD Henry Cisneros as Coordinator of the “National Partners in Homeownership”, a broad-based, public-private partnership of 65 national organizations to increase homeownership opportunity for underserved populations. In other leadership roles, Craig has served as Executive Director of the City of Boston, Office of Housing, administering all citywide affordable housing initiatives and at HUD, as National Director of Housing Rehabilitation, managing such housing programs as the Rental Rehabilitation Program, Urban Homesteading, and CDBG. Craig is also the author of numerous publications regarding neighborhood revitalization and affordable lending, co-authored the National Homeownership Strategy for the Clinton Administration, developed the Catch the Dream and Don’t Borrow Trouble campaigns for Freddie Mac, and has served on numerous national boards and advisory panels.

Christopher Hartung

Christopher Hartung

Director, Client Portfolio Manager

LAZARD ASSET MANAGEMENT

Christopher Hartung is a Client Portfolio Manager on Lazard's Global Real Estate Securities team, focusing on investment strategy and research. Prior to joining Lazard in 2011, Christopher was Senior Advisor at Grubb & Ellis Alesco Global Advisors, responsible for alternative investment strategies, capital markets, product development and research. Previously, he was a Managing Director at Wells Fargo Securities/Eastdil Secured, responsible for providing investment banking services to both public and private real estate companies, including equity and debt issuance, corporate advisory and mergers & acquisitions activities. Prior to Eastdil, Christopher was a Managing Director and Group Head of Real Estate Equity Research at Banc of America Securities and also worked in Real Estate equity research and strategic planning at JP Morgan. He holds a bachelor's degree from Cornell University. Christopher serves as a director of FelCor Lodging Trust, a public real estate investment trust and is on the Advisory Board for Maier Siebel Baber, one of the West Coast's leading real estate investment managers. He is a full member of the Urban Land Institute, a member of Lambda Alpha International, and has been involved with International Council of Shopping Centers and the National Associate of Real Estate Investment Trusts (NAREIT) as well as having served on the Advisory Board for the Fisher Center for Real Estate at Haas Business School, University of California Berkeley.

Jeff Giller

Jeff Giller

CIO and Managing Partner

CLAIRVUE CAPITAL PARTNERS

Mr. Giller has worked in the real estate private equity sector for over 25 years and has closed real estate investments totaling $3 billion. His experience includes the acquisition, asset management, structuring, financing, underwriting, pricing, and closing of transactions in the U.S., the UK, Western Europe, Latin America, and Asia. During his career, Mr. Giller has made investments in individual properties, programmatic joint ventures, large portfolios, real estate operating companies and private equity secondaries and recapitalizations in the real estate private equity, distressed commercial mortgage and commercial real estate mortgage backed securities sectors. Prior to forming Clairvue Capital Partners, Mr. Giller was a Managing Principal and the Chief Investment Officer of Liquid Realty Partners, where he played a key role in acquiring and managing real estate private equity secondary investments, portfolio management and building and guiding the strategic direction of the firm. Prior to joining Liquid Realty Partners, Mr. Giller held senior positions in or formed various real estate private equity investment firms. From 1993 until 2000 Mr. Giller was with JER Partners, a leading global real estate opportunity fund manager. In addition to focusing on acquiring distressed debt portfolio acquisitions and properties in the U.S., Mr. Giller served as Managing Director of JER France, SA, where he started and was responsible for building and running JER’s European investment platform. After leaving JER in 2000, Mr. Giller became a founding partner of real estate fund managers Towbes Capital Partners and Somera Realty Value Fund Advisors. Mr. Giller began his career as an acquisitions analyst and associate at Metric Realty Advisors (the predecessor to Blackrock Realty Advisors), investing on a separate account basis for pension plan sponsors such as CalPERS, and the Alaska Permanent Fund. Mr. Giller earned his Bachelor of Arts degree from the University of California at Berkeley, and his Masters in Business Administration from the University of Virginia. He has been a member of the Pension Real Estate Association, the Association of Foreign Investors in Real Estate, ULI and a founder and Chairman of the Executive Committee of the Board of Directors of American Riviera Bank, where he now serves as a Director Emeritus. Mr. Giller is a frequent lecturer at academic institutions including, during 2011, at the Haas Graduate Business School at UC Berkeley, the Columbia School of Business, USC Law and the PREA Institute. Mr. Giller is also a speaker at prominent industry conferences including events sponsored by ULI, PERE, IMN, SuperInvestor IREI, IGlobal, and the UC Berkeley Fischer Center for Real Estate.

Jamie Henderson

Jamie Henderson

Managing Director, Head of Alternative Investment Group

CORNERSTONE REAL ESTATE ADVISERS

Mr. Henderson heads Cornerstone's Alternative Investments Group where he has responsibility for a national platform focused on raising and deploying client capital into illiquid and less liquid high yield debt investments, to include levered bridge lending strategies, mezzanine debt, and preferred equity.  His focus includes strategic investment opportunities and development and distribution of private equity investment funds.

Prior to joining Cornerstone in 2010, and its affiliate Babson Capital Management in 2005, he was a partner at a private equity real estate firm with over 25,000 units, focused on the acquisition and repositioning of distressed multifamily assets. Previous to this, he was Vice President of Development for Oldcastle/CRH where he focused on the acquisition and repositioning of mid-market operating companies. He served six years as an officer in the United States Navy.Mr. Henderson earned a BS degree from the United States Naval Academy and an MBA from Duke University Fuqua School of Business.

Andrew Dietz

Andrew Dietz

Managing Director

ASB REAL ESTATE INVESTMENTS

Responsible for overall business development and client service activities for the Public/Corporate Pension and Non-Pension sectors. Mr. Dietz has over 16 years of institutional real estate experience, having structured/raised a variety of institutional funds and joint ventures for several investment managers and real estate operators totaling over $12 billion. Prior to joining ASB, Mr. Dietz was a Managing Director at KBW in Real Estate Investment Banking and at Eastdil Secured, where he was a founding member and led the firm's Private Equity Capital Team. Prior to joining to that, Mr. Dietz was a Vice President and founding member of the Real Estate Group at Credit Suisse. Between 1994 and 2000, Mr. Dietz held Associate positions at Deutsche Bank Securities and the Yarmouth Group. Mr. Dietz received his MBA from Yale University and his BA from Brandeis University.

Jonathan B. Schultz

Jonathan B. Schultz

Managing Principal

ONYX EQUITIES, LLC

As co-founder and Managing Principal of Onyx Equities, LLC, a private real estate investment, development and management company, Jonathan oversees investor capital raising initiatives, strategic planning, portfolio management, investor relations and business development.  Since inception, Onyx has purchased over $1,000,000,000 of office, retail and industrial properties throughout the tri-state area. 

Jonathan is also co-founder, President and CEO of The Schultz Organization, LLC, founded in 1990.  Schultz and its affiliates provide commercial real estate brokerage and advisory services to institutions, lenders, private owners and tenants. A graduate of Syracuse University, Jonathan earned a degree in Finance and Economics.

Peter J. Sotoloff

Peter J. Sotoloff

Managing Director

THE BLACKSTONE GROUP

Peter Sotoloff is a Managing Director of Blackstone Real Estate Debt Strategies fund series and is a founding Member of the Advisor.  Mr. Sotoloff oversees structured finance acquisitions including both origination and legacy loan portfolio investment activities on behalf of the fund.  Mr. Sotoloff is a member of the Investment Committee for Blackstone Mortgage Trust (NYSE: BXMT) and serves on the board of Landmark Apartment Trust.  Mr. Sotoloff is based in New York. Prior to joining Blackstone, Mr. Sotoloff was a Principal at Tribeca Associates, an institutionally capitalized owner, operator and developer in New York City. Mr. Sotoloff oversaw the acquisition, financing and development of large scale office, lodging, for-sale residential and mixed-use assets and portfolios. Prior to that, Mr. Sotoloff oversaw US financing, nonperforming loan acquisition and global currency and interest rate risk management strategies for the Morgan Stanley Real Estate Funds, a series of global opportunity funds. In addition, Mr. Sotoloff was involved with the management of the Morgan Stanley Real Estate Special Situations Fund investment program. Prior to joining Morgan Stanley, Mr. Sotoloff was with Goldman Sachs’ Whitehall Funds, a global real estate opportunity fund sponsor. Mr. Sotoloff has been involved in analyzing and structuring acquisitions and financing for numerous real estate investments across all property types and geographies. Mr. Sotoloff graduated with highest honors from the Wharton School of the University of Pennsylvania with a BS in Finance with concentrations in Finance, Real Estate Finance and Management, and completed the International Business Strategies Program at the London School of Economics. Mr. Sotoloff is a member of the Real Estate Board of New York, the Urban Land Institute, the CRE Finance Council and the International Council of Shopping Centers.

Mike Kelly

Mike Kelly

Director of Commingled Funds

J.P. MORGAN INVESTMENT MANAGEMENT

Michael P. Kelly, Director of Commingled Funds, the portfolio manager of the Alternative Property Fund and head of Debt Capital Markets for J.P. Morgan Asset Management  ̶  Global Real Assets. An employee since 2009, Mike is responsible for oversight of the portfolio managers for open-end funds and management of a team that procures debt for J.P. Morgan Asset Management's properties and originates and manages mezzanine loans. Before joining the firm, he was a director and head of Real Estate Conduit and Workouts for Citigroup Global Markets. Previously, Michael was a vice president and originator in the Large Loan CMBS Group and assisted with management of Goldman Sachs Commercial Mortgage Capital. Prior to that, he was a managing director and co-head of Commercial Mortgage Origination at New York Life Investment Management. He started in the industry in 1989. Mike earned a B.S. in business management from Springfield College and an M.S. in real estate from New York University and holds Series 7 and 63 licenses.

Michael Levy

Michael Levy

Managing Director

MORGAN STANLEY | REAL ESTATE

Since joining Morgan Stanley Real Estate in 1998, Michael has worked closely with the firm’s real estate clients across a broad range of investing, advisory and financing  activities.  His responsibilities have included pursuing new investment activity, undertaking restructurings and recapitalizations, completing M&A and advisory assignments and executing capital raising initiatives.  He currently manages the global finance, operations, infrastructure and fundraising activities for the firm’s real estate investment management business.


Michael also serves as the Portfolio Manager for MSREF VII International, is chairman of MSREI’s valuation committee and a senior member of the group’s investment and risk committees.  He was previously co-head of Morgan Stanley’s real estate investment banking practice in the U.S. in 2007-2008, head of the group’s U.S. west cost investing and advisory activities  in 2006-2007, a senior member of the global lodging advisory team from 2003-2006 and global operations officer during 2001-2002.
 Michael received a B.S. from New York University’s Stern School of Business and a J.D. from Brooklyn Law School.  He is an active member of various real estate organizations including Urban Land Institute, The Real Estate Roundtable Capital Markets Committee and IREFAC.

Robert Bellinger, CFA

Robert Bellinger, CFA

President & CEO

ASB REAL ESTATE INVESTMENTS

Robert B. Bellinger, CFA, President, CEO – Mr. Bellinger is responsible for all functions of ASB’s Real Estate Division.  ASB is a U.S. real estate investment management firm with more than $4 billion in assets under management for over 200 institutional investors.  ASB’s portfolios include office, retail, multi-family and industrial properties totaling approximately 16 million square feet in fifteen major markets across the United States.  Mr. Bellinger has 29 years of real estate investment experience, and has completed over $10 billion in real estate capital transactions during his career.  Prior to joining ASB Capital Management, Mr. Bellinger worked with Lend Lease Real Estate Investments as an Executive Vice President and Principal, heading the Private Client Group; Senior Vice President directing the National Asset Sales group; and Vice President leading the acquisition of equity and debt investments in the Washington, DC region.  Prior to joining Lend Lease in 1990, he worked as Development Project Manager with Trammell Crow Company.  He is the founder, former President, and a current board member of Rebuilding Together Philadelphia.  Mr. Bellinger serves on the Board and Executive Committee of the Zell Lurie Real Estate Center of the Wharton School at the University of Pennsylvania.  He received a BA with honors from Haverford College and an MBA from the Wharton School where he received the Dean’s Award of Excellence.

Claiborne Johnston

Claiborne Johnston

Senior Director, Client Portfolio Manager

INVESCO REAL ESTATE

Mr. Johnston is a Senior Director and Client Portfolio Manager with Invesco Real Estate, a global real estate investment manager with approximately $52 billion in assets under management.  Mr. Johnston is responsible for real estate investment activities, portfolio management, business development and client coverage globally. Mr. Johnston is a member of the firm’s structured investment group operating committee and the management committee’s for the firm’s US core and value add strategies. Prior to joining Invesco Real Estate, Mr. Johnston was a Managing Director at Morgan Stanley where he was responsible for the coverage of real estate private equity sponsors, private capital formation and the coverage of global capital sources for a variety of real estate investment banking and investment management activities. Mr. Johnston has a Master of Business Administration degree from Columbia University and graduated with a Bachelor of Arts in Political Science from James Madison University. He is actively involved in a number of real estate associations including Pension Real Estate Association, Institute for Fiduciary Education and the Urban Land Institute. 

 

John Keane

John Keane

Executive Director - Administrator

POLICE & FIRE PENSION FUND

John Keane has served as the Executive Director-Administrator of the Fund since 1990. Mr. Keane has served on both the Public Employee and Administrators Committee for the International Foundation of Employee Benefits Plan; Executive Board of National Conference on Public Employee Retirement Systems; Board of Directors of the Coalition to Preserve Retirement Security. He is a member of the Government Finance Officers Association, American Legion Post 137, a member of the Fire Science Advisory Committee at Florida State College at Jacksonville, and Chairman of the Jacksonville Fire Credit Union Executive Board.

Joseph Marconi

Joseph Marconi

Senior Vice President – Real Estate

HARVARD MANAGEMENT COMPANY

Joe Marconi is Senior Vice President in Harvard Management Company’s real estate group, which manages Harvard’s $4 billion global portfolio of real estate direct joint ventures, funds, and co-investments. Responsibilities include portfolio management, selection, underwriting, negotiating and management of Harvard’s real estate investments.  Joe is also responsible for establishing the program around the firm’s new joint venture investment portfolio, oversight for the real estate team operations and guidance to the JV operating partners and the HMC investment team regarding asset and investment management. 
 
Joe joined Harvard in 2011 from Guggenheim Real Estate where he was an Investment Officer.  As one of the original partners he was instrumental in the design and implementation of their joint venture investment program.  He was a member of the investment committee and responsible for the selection, underwriting, management and dispositions for a $2 billion, 5 million square foot diverse portfolio across the United States.  Before Guggenheim, Joe was a Manager at Price Waterhouse in their Transaction Services and Real Estate Advisory groups. 
 
Joe is a Certified Public Accountant and Certified Property Manager.  He received a Bachelor of Science in Accounting from the University of Florida and holds a Master of Accounting from the Fisher School of Accounting at the University of Florida.

Tom Arnold

Tom Arnold

Head of Americas - Real Estate

ABU DHABI INVESTMENT AUTHORITY

 

Tom is responsible for the creation and implementation of the investment and business strategies for the Americas portfolio, existing and future investments in the US, Brazil, Canada, Mexico, and is significantly involved with the development and execution of ADIA’s global real estate strategy.
Previously, Tom was a partner at Cerberus Capital Management based in New York City.  Tom’s responsibility at Cerberus Capital included the origination and execution of real estate, lending, and private equity transactions.  Prior to Cerberus Capital, Tom was a Managing Director and senior real estate acquisitions officer, overseeing portfolio management and coordinating financing facilities.  At both Cerberus and ING, Tom managed key investor relationships and gained significant experience with investment fund design and fund administration.
Prior to ING, Tom was a Director at Credit Suisse and a Principal of the Praedium Funds when those funds were affiliated with Credit Suisse.  Tom began his real estate principal focus at Salomon Brothers (now Citigroup) with selective firm principal activity as well as related advisory work with financial institutions saddled with troubled loan and REO assets.  Prior to Salomon Brothers, Tom practiced law for five years, principally with Holland & Knight, focusing on real estate, lending, securities, and bankruptcy matters.
Tom is a graduate of the Advanced Management Program of the Harvard Business School and holds a Bachelor of Science degree in Economics, with honors, and a Juris Doctorate from the University of Florida, a Masters of Law (Taxation) from New York University, and a Masters of Business Administration from the Amos Tuck School at Dartmouth College.  Tom is a licensed attorney, registered securities principal, a holder of the right to use the Chartered Financial Analyst (CFA) designation.  Tom is also a member of the Real Estate Roundtable, and the Executive Committees and Boards of Directors of the Pension Real Estate Association (PREA) and the Association of Foreign Investors in Real Estate (AFIRE).

Tom is responsible for the creation and implementation of the investment and business strategies for the Americas portfolio, existing and future investments in the US, Brazil, Canada, Mexico, and is significantly involved with the development and execution of ADIA’s global real estate strategy.

 

Previously, Tom was a partner at Cerberus Capital Management based in New York City.  Tom’s responsibility at Cerberus Capital included the origination and execution of real estate, lending, and private equity transactions.  Prior to Cerberus Capital, Tom was a Managing Director and senior real estate acquisitions officer, overseeing portfolio management and coordinating financing facilities.  At both Cerberus and ING, Tom managed key investor relationships and gained significant experience with investment fund design and fund administration.

 

Prior to ING, Tom was a Director at Credit Suisse and a Principal of the Praedium Funds when those funds were affiliated with Credit Suisse.  Tom began his real estate principal focus at Salomon Brothers (now Citigroup) with selective firm principal activity as well as related advisory work with financial institutions saddled with troubled loan and REO assets.  Prior to Salomon Brothers, Tom practiced law for five years, principally with Holland & Knight, focusing on real estate, lending, securities, and bankruptcy matters.

 

Tom is a graduate of the Advanced Management Program of the Harvard Business School and holds a Bachelor of Science degree in Economics, with honors, and a Juris Doctorate from the University of Florida, a Masters of Law (Taxation) from New York University, and a Masters of Business Administration from the Amos Tuck School at Dartmouth College.  Tom is a licensed attorney, registered securities principal, a holder of the right to use the Chartered Financial Analyst (CFA) designation.  Tom is also a member of the Real Estate Roundtable, and the Executive Committees and Boards of Directors of the Pension Real Estate Association (PREA) and the Association of Foreign Investors in Real Estate (AFIRE).

 

Justin Pattner

Justin Pattner

Principal

KOHLBERG KRAVIS ROBERTS & CO.

Justin joined KKR in 2011 as a member of the Commercial Real Estate Group.  Prior to KKR, Justin worked at Eton Park Capital Management, Lubert Adler Partners and Lehman Brothers Real Estate Private Equity where he focused on real estate  and real estate-related investments. Justin graduated from the University of Pennsylvania with a B.A. in Economics from the College of Arts and Sciences.

Mark H. Wilsmann

Mark H. Wilsmann

Managing Director

METLIFE REAL ESTATE INVESTORS

Mark Wilsmann is Managing Director and Head of Equity Investments for MetLife Real Estate Investors. Named to this role in 2012 in conjunction with MetLife’s launch of its institutional investment management business, Wilsmann is responsible for leading MetLife’s $18 billion direct property investment platform, including overseeing portfolio management, acquisitions and asset management activities across eight domestic and two international regional offices, actively participating in investor outreach activities, and chairing the real estate investment committee. His team recently established MetLife’s new flagship open-ended fund, the MetLife Core Property Fund, as well as core/core-plus managed accounts geared toward public and private pension funds, sovereign wealth funds, and insurance companies. Between 2003 and 2012, Wilsmann led MetLife’s commercial mortgage lending business, directing product design, pricing, and origination activities and chairing the investment commitee. Under his leadership, MetLife became recognized as the top life company portfolio lender, generating annual volume of $8-$11 billion. Over his 24-year career with MetLife, Wilsmann held roles in asset management, acquisitions, loan production, portfolio management, field operations, and mergers’ integration. He served on the board of directors of the Mortgage Bankers Association and the leadership of the Commercial Mortgage Board of Governors of the MBA. He is a member of the Urban Land Institute, where he is active in ULI council leadership, and is a member of the Pension Real Estate Association, the Commercial Real Estate Finance Council, and the Capital Markets Committee of the Real Estate Roundtable. Wilsmann holds a BA and MBA from Wake Forest University.

Howard S. Landsberg, CPA

Howard S. Landsberg, CPA

Partner

WEISERMAZARS LLP

Howard has more than 20 years of diversified tax and financial consulting experience with real estate companies and closely held businesses in a variety of industries. Howard has extensive experience serving real estate owner/operators, private equity funds, and Real Estate Investment Trusts, advising them on day-to-day operations, tax saving opportunities, and transactional support that includes the acquisition and disposition of real estate. 
Howard’s experience in providing tax services
to real estate companies includes:
Advising on the merger of subchapter
C corporations into a Real Estate Investment Trust, prior to a public stock offering
Structuring advice to minimize taxes in state and local jurisdictions
Preparation and review of the annual and quarterly Real Estate Investment Trust qualification tests
Preparation of the Federal, State and Local income tax compliance
Review and analysis of operating agreements
Structuring dispositions

Howard received his BBA in Accounting from Hofstra University. He received his JD from Benjamin N. Cardozo School of Law. He is currently affiliated with the American Institute of Certified Public Accountants, New York State Society of Certified Public Accountants, and National Association of Real Estate Investment Trusts. He is also the Treasurer of the Parent Child Home Program.

Sujan Patel

Sujan Patel

Managing Director and Co-Head of Investments

NORTHSTAR REALTY FINANCE CORP.

Mr. Patel joined NorthStar Realty Finance Corp. in 2007 and is responsible for overseeing the origination, structuring and execution of the company’s debt and equity investments. Mr. Patel was based in NRF’s Los Angeles office from 2007 to 2009 and has been based in the New York office since 2009. Prior to NorthStar, Mr. Patel was a Vice President for Thayer Lodging Group, a lodging dedicated private equity firm in Annapolis, MD, focusing on all aspects of sourcing, structuring, financing and closing over $2Bn of value-add, transitional hotel acquisition opportunities. Mr. Patel began his career at Morgan Stanley in their investment banking division based in New York. Mr. Patel received a BA in Engineering Sciences modified with Economics from Dartmouth College.

Bill Rogalla

Bill Rogalla

President

ORIGIN CAPITAL PARTNERS

Bill Rogalla is the President of Origin Capital Partners, a Chicago-based real estate investment firm that invests in commercial real estate in select markets across the nation on behalf of its principals and investment partners.  Bill has over 25 years of experience in the real estate industry including acquisitions, dispositions and development.  Prior to joining Origin, he was the Senior Vice President, Director of Acquisitions/Dispositions - Central Region for KBS Realty Advisors.  Since opening the Chicago office for KBS in 2005, Mr. Rogalla handled the acquisition of $2.7 billion and disposition of $900 million of assets located in select markets throughout the U.S.  Previously, he was the Senior Vice President - Director of U.S. Development and Investments for Slough Estates USA, a subsidiary of publicly held SEGRO in England.  During his tenure, he directed the development of over $900 million of projects and acquisition/disposition of $500 million of assets heavily concentrated in the Western U.S. Bill is active in real estate and civic organizations including ULI, NAIOP, DePaul Real Estate Alumni Association, the DePaul University Mentorship Program and the March of Dimes. He has served as a panelist/speaker for several national and regional organizations including DePaul, NAIOP, IREM, ICSC, Real Estate Forum Magazine, AFIRE and various roundtable discussions sponsored by national real estate brokerage firms.  Recently, he was elected into the Midwest Commercial Real Estate Hall of Fame by Midwest Real Estate News Magazine. Bill received both his undergraduate and graduate degrees from DePaul University.

Julian Wise

Julian Wise

Partner

SCHULTE ROTH & ZABEL LLP

Julian M. Wise is a partner in the New York office of Schulte Roth & Zabel. He represents private equity funds, investors, lenders, borrowers, and developers in a broad range of commercial real estate transactions, including acquisitions and dispositions of commercial properties, mortgage and mezzanine debt, joint venture and preferred equity agreements, real estate workouts, restructurings, and bankruptcies. Julian has a reputation among his peers and clients as one of the best strategic lawyers in the country and has represented clients in some of the highest-profile real estate transactions, including: the developer/owner of the Hudson Yards project; a major national retail grocery chain in connection with its $2 billion financing of approximately 400 grocery stores and distribution centers in 14 states; a major private equity firm in over $1 billion in financings across the United States; a private equity firm in connection with its acquisition of AT&T’s Yellow Pages (a transaction that was secured by real estate and other assets located across the United States); a major national owner/developer in connection with one of the highest-priced “single asset” property sales in New York City history; and the owner/manager of 230 Park Avenue in its acquisition and recapitalization and financing of the property.

Jay A. Neveloff

Jay A. Neveloff

Partner

KRAMER LEVIN NAFTALIS & FRANKEL LLP

Mr. Neveloff represents clients in all aspects of transactional real estate as well as complex restructurings.  Mr. Neveloff has represented developers of numerous mixed-use projects, including Time Warner Center, as well as numerous regional and local shopping centers, and other commercial projects throughout the country.

Recently, Mr. Neveloff represented Starwood Hotels in selling the retail portion of the St. Regis Hotel, Manhattan; the owner of Starrett City, the largest federally subsidized housing complex in the United States, in a capital transaction; Fortress Investments in connection with The Sheffield, a 497-unit condominium; New York Life Insurance Company in the sale of Manhattan House, a residential complex comprising an entire block of Manhattan; and the seller of The New Frontier Hotel Casino in Las Vegas, Nevada.  Mr. Neveloff has represented Donald Trump for more than 25 years in innumerable matters.

Mr. Neveloff received his J.D. from NYU and was elected to the American Law Institute, American College of Real Estate Lawyers and American College of Mortgage Attorneys.

R. Byron Carlock, Jr.

R. Byron Carlock, Jr.

U.S. Real Estate Practice Leader

PWC

Byron currently serves as the U.S. Real Estate Practice Leader.  Byron joined PwC after a distinguished career in the private sector of the real estate industry. Prior to assuming his current role, Byron served as the CEO and President of CNL Lifestyle Properties, Inc for seven years.  His resume also includes three years as Executive Vice President and Chief Investment Officer of Post Properties and nine years as Managing Director for Crow Holdings International.   Byron brings extensive knowledge of the real estate industry across the real estate life cycle, including the capital markets, experience in developing and implementing a strategic vision and a strong commitment to a partnership culture.  Byron is a CPA and is currently a member of the Urban Land Institute (ULI) and a board member Emeritus of Harvard Business School.  He also serves on the Board of Directors at Hope Network Ministries and is on the board for the Dallas Summer Musicals.

Andrew H. Cummins

Andrew H. Cummins

Founder & Managing Partner

EXPLORADOR CAPITAL MANAGEMENT

Gregorio Schneider

Gregorio Schneider

Managing Partner and CIO

TERRANUM CAPITAL, LLC

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7:30 am
BREAKFAST & REGISTRATION
8:15 am
CHAIRPERSON’S WELCOME AND OPENING REMARKS
R. Byron Carlock, Jr.

R. Byron Carlock, Jr.

U.S. Real Estate Practice Leader

PWC

Byron currently serves as the U.S. Real Estate Practice Leader.  Byron joined PwC after a distinguished career in the private sector of the real estate industry. Prior to assuming his current role, Byron served as the CEO and President of CNL Lifestyle Properties, Inc for seven years.  His resume also includes three years as Executive Vice President and Chief Investment Officer of Post Properties and nine years as Managing Director for Crow Holdings International.   Byron brings extensive knowledge of the real estate industry across the real estate life cycle, including the capital markets, experience in developing and implementing a strategic vision and a strong commitment to a partnership culture.  Byron is a CPA and is currently a member of the Urban Land Institute (ULI) and a board member Emeritus of Harvard Business School.  He also serves on the Board of Directors at Hope Network Ministries and is on the board for the Dallas Summer Musicals.

8:30 am
KEYNOTE INTERVIEW

Sam Zell is the Chairman of Equity Group Investments (EGI), the private investment firm he founded more than 40 years ago. The firm’s investments span industries and continents, and include interests in finance, energy, transportation, communications, healthcare and real estate. Zell is recognized as a founding father of today’s public real estate industry after creating three of the largest real estate investment trusts (REITs) in history. He is also Founder and Chairman of Equity International, a private investment firm focused on building real estate-related businesses in international emerging markets. Zell has been particularly active in bringing Equity International’s companies to the public markets. Three of these investments are listed on the New York Stock Exchange: Gafisa, a leading homebuilder in Brazil; Xinyuan, a fast-growing regional homebuilder in China; and Homex, Mexico’s leading homebuilder. A fourth, BR Malls, Brazil’s largest retail property owner and operator, is listed on the Bovespa.

Sam Zell

Sam Zell

Chairman

EQUITY GROUP INVESTMENTS

Sam Zell is the Chairman of Equity Group Investments (EGI), the private investment firm he founded more than 40 years ago. The firm’s investments span industries and continents, and include interests in finance, energy, transportation, communications, healthcare and real estate. Zell is recognized as a founding father of today’s public real estate industry after creating three of the largest real estate investment trusts (REITs) in history.

He is also Founder and Chairman of Equity International, a private investment firm focused on building real estate-related businesses in international emerging markets. Zell has been particularly active in bringing Equity International’s companies to the public markets. Three of these investments are listed on the New York Stock Exchange: Gafisa, a leading homebuilder in Brazil; Xinyuan, a fast-growing regional homebuilder in China; and Homex, Mexico’s leading homebuilder. A fourth, BR Malls, Brazil’s largest retail property owner and operator, is listed on the Bovespa.

Zell maintains substantial interests in, and is the Chairman of, four other public companies listed on the New York Stock Exchange: Equity Residential, the largest apartment REIT in the U.S.; Equity LifeStyle Properties, Inc., a manufactured home community REIT; Covanta Holding Corporation, an international owner/operator of energy-from-waste and power generation facilities; and Anixter International Inc., a leading global provider of communications, security, and wire and cable products. Previously, Zell served as Chairman for Equity Office Properties Trust, which was sold in 2007 to The Blackstone Group for $39 billion in one of the largest private equity transactions in history. 

Zell serves on the JPMorgan National Advisory Board; the President’s Advisory Board at the University of Michigan; the Visitor’s Committee at the University of Michigan Law School; and with the combined efforts of the University of Michigan Business School, established the Zell/Lurie Entrepreneurial Center. Zell’s continual assistance to Michigan’s MBA program has also enhanced the Business School’s Polish Studies Program. He was appointed a DeRoy Visiting Professor in Honors at the College of Literature, Science and the Arts at Michigan. He is also a long-standing supporter of the University of Pennsylvania Wharton Real Estate Center, where he endowed the Samuel Zell/Robert Lurie Real Estate Center. Zell also endowed Northwestern University’s Center for Risk Management. He holds a JD degree and a BA from the University of Michigan.

R. Byron Carlock, Jr.

Interviewed by:

R. Byron Carlock, Jr.

U.S. Real Estate Practice Leader

PWC

Byron currently serves as the U.S. Real Estate Practice Leader.  Byron joined PwC after a distinguished career in the private sector of the real estate industry. Prior to assuming his current role, Byron served as the CEO and President of CNL Lifestyle Properties, Inc for seven years.  His resume also includes three years as Executive Vice President and Chief Investment Officer of Post Properties and nine years as Managing Director for Crow Holdings International.   Byron brings extensive knowledge of the real estate industry across the real estate life cycle, including the capital markets, experience in developing and implementing a strategic vision and a strong commitment to a partnership culture.  Byron is a CPA and is currently a member of the Urban Land Institute (ULI) and a board member Emeritus of Harvard Business School.  He also serves on the Board of Directors at Hope Network Ministries and is on the board for the Dallas Summer Musicals.

9:30 am
ESSENTIAL MARKET, FINANCIAL & REGULATORY OUTLOOK
  • Transaction volumes in U.S. real estate – which investors are increasing their allocations, and by how much?
  • How will real estate markets react to the end of FED easing and rising interest rates? Examining the behavior of returns in different interest rate environments
  • How private equity firms and investors are projecting interest rates, and how this impacts their hold/sell decisions for existing properties, and acquisitions of new properties
  • Are real estate managers hedging interest rates, and are they borrowing at fixed or floating rates?
  • What will happen to the flow of investment from sovereign wealth funds in 2014?
  • What is the potential for FIRPTA to be adjusted, and how could this affect capital flows into the U.S.?
Hugh Macdonnell

Hugh Macdonnell

Managing Director

CLARION PARTNERS

Hugh Macdonnell, Managing Director, is the Global Head - Client Capital Management for Clarion Partners. He is a member of the firm’s Executive Board, Investment Committee and Operating Committee. He has global responsibility for the firm’s client relationships and capital raising. Hugh joined Clarion Partners in 2011 and began working in the real estate industry in 1991.

Christopher Hartung

Christopher Hartung

Director, Client Portfolio Manager

LAZARD ASSET MANAGEMENT

Christopher Hartung is a Client Portfolio Manager on Lazard's Global Real Estate Securities team, focusing on investment strategy and research. Prior to joining Lazard in 2011, Christopher was Senior Advisor at Grubb & Ellis Alesco Global Advisors, responsible for alternative investment strategies, capital markets, product development and research. Previously, he was a Managing Director at Wells Fargo Securities/Eastdil Secured, responsible for providing investment banking services to both public and private real estate companies, including equity and debt issuance, corporate advisory and mergers & acquisitions activities. Prior to Eastdil, Christopher was a Managing Director and Group Head of Real Estate Equity Research at Banc of America Securities and also worked in Real Estate equity research and strategic planning at JP Morgan. He holds a bachelor's degree from Cornell University. Christopher serves as a director of FelCor Lodging Trust, a public real estate investment trust and is on the Advisory Board for Maier Siebel Baber, one of the West Coast's leading real estate investment managers. He is a full member of the Urban Land Institute, a member of Lambda Alpha International, and has been involved with International Council of Shopping Centers and the National Associate of Real Estate Investment Trusts (NAREIT) as well as having served on the Advisory Board for the Fisher Center for Real Estate at Haas Business School, University of California Berkeley.

Russell Appel

Russell Appel

President

THE PRAEDIUM GROUP

A founder of The Praedium Group and its President, Mr. Appel has been building the Company since 1991 and has overseen all aspects of The Praedium Group`s activities, including its strategy and its investment policy. In addition to his responsibilities with The Praedium Group, Mr. Appel ran CSFB`s Commercial Mortgage Finance business from 1991 to 1994, where he became a Managing Director. At CSFB, Mr. Appel supervised the execution of commercial and multifamily asset securitization and sale advisory assignments totaling in excess of $13 billion. Prior to joining CSFB in 1991 and his association with The Praedium Group, Mr. Appel was a Vice President in the Real Estate Department of Goldman Sachs & Co. for five years. At Goldman Sachs, he was involved in real estate-related sales, financings, mergers and acquisitions and capital markets transactions totaling in excess of $3 billion. Mr. Appel holds a B.S. in Economics (magna cum laude) and an M.B.A. (with distinction) from the Wharton School of the University of Pennsylvania. Mr. Appel served as Chairman of the Board of Directors of the Pension Real Estate Association between 2008 and 2010, and he has previously held the positions of Vice Chairman, Treasurer and Board Member.

Howard S. Landsberg, CPA

Moderator:

Howard S. Landsberg, CPA

Partner

WEISERMAZARS LLP

Howard has more than 20 years of diversified tax and financial consulting experience with real estate companies and closely held businesses in a variety of industries. Howard has extensive experience serving real estate owner/operators, private equity funds, and Real Estate Investment Trusts, advising them on day-to-day operations, tax saving opportunities, and transactional support that includes the acquisition and disposition of real estate. 
Howard’s experience in providing tax services
to real estate companies includes:
Advising on the merger of subchapter
C corporations into a Real Estate Investment Trust, prior to a public stock offering
Structuring advice to minimize taxes in state and local jurisdictions
Preparation and review of the annual and quarterly Real Estate Investment Trust qualification tests
Preparation of the Federal, State and Local income tax compliance
Review and analysis of operating agreements
Structuring dispositions

Howard received his BBA in Accounting from Hofstra University. He received his JD from Benjamin N. Cardozo School of Law. He is currently affiliated with the American Institute of Certified Public Accountants, New York State Society of Certified Public Accountants, and National Association of Real Estate Investment Trusts. He is also the Treasurer of the Parent Child Home Program.

10:10 am
MORNING NETWORKING BREAK
10:40 am
INVESTMENT TRENDS: MOVING UP THE RISK CURVE TO FIND YIELD
  • Comparing risk-reward dynamics across the risk spectrum - core vs. value-add, opportunistic, distressed and debt funds
  • What are the internal limitations to LPs considering more value-add and opportunistic investments?
  • Staying in aggressively priced markets vs. investing in less liquid markets
  • How risky are new markets that are becoming prosperous, and what is your downside protection? Are secondary and tertiary markets adjusting quickly?
  • Examining the potential of emerging investment classes, such as single-family housing
  • Will LPs’ appetite for co-investment deals remain strong in 2014?
Adam Brooks

Adam Brooks

Managing Director, Real Estate Investments

ALLIANCE BERNSTEIN

Mr. Brooks is a Managing Director of the Real Estate Investment Group at AllianceBernstein, a publicly traded investment manager with over $450 billion of assets under management. AllianceBernstein is currently investing on behalf of AllianceBernstein U.S. Real Estate Partners, a $680mm discretionary equity fund, focusing on opportunistic investments in U.S. real estate. Mr. Brooks serves on the investment committees of this fund as well as AB Commercial Real Estate Debt Fund, a $710mm discretionary vehicle focused on senior debt investments. Prior to joining AllianceBernstein, Mr. Brooks was a Managing Director and Head of Real Estate Mezzanine Investments in the Real Estate Principal Investment Area at Goldman Sachs. Throughout his 15 years at Goldman Sachs, Mr. Brooks focused on real estate acquisitions and the real estate mezzanine debt investment platform. Prior to joining Goldman Sachs, Mr. Brooks worked as an Analyst in the Investment Banking Division at Salomon Brothers Inc. Mr. Brooks graduated from Princeton University with a bachelor’s degree in economics and a certificate in political economy.

Sonny Kalsi

Sonny Kalsi

Founding Partner

GREENOAK REAL ESTATE

Sonny Kalsi is one of the Founding Partners of GreenOak Real Estate, a real estate merchant banking platform with operations in New York, London and Tokyo.  He formed GreenOak in early 2010 along with his partners, and former Morgan Stanley colleagues, John Carrafiell (London) and Fred Schmidt (Tokyo).  Sonny was, until early 2009, the Global Head of Morgan Stanley Real Estate Investing (MSREI) and President of the Morgan Stanley Real Estate Funds (MSREF).  Prior to that, he was the Global Co-Head of MSRE Investing.  At its peak, MSRE Investing had approximately $100 billion of assets under management in 33 countries and 25 offices around the world with over 800 full time staff.  The largest concentrations of asset holdings were in the US, UK, Germany, Japan and China.

Prior to managing MSRE Investing globally, Sonny helped to build its Asian business, spending nine years in Hong Kong and Tokyo.  During his tenure, the team grew to over 300 professionals, with an operation that included Japan, China, India, South Korea, Australia and a number of other countries. Before joining Morgan Stanley in 1991, Sonny was employed by PaineWebber in the Mergers and Acquisitions Department.  Sonny has been involved on the boards of a number of the MSRE portfolio companies and continues to act as an important advisor to many of their management teams.  He has been cited in several publications for his profile in the real estate industry, including Private Equity Real Estate magazine as one of the “30 Most Influential” people in private equity real estate globally.


He is a graduate of Georgetown University with a degree in Business Administration and remains actively involved with the school.  Sonny is also involved in a number of industry organizations, including the Urban Land Institute and PREA.  He is a member of the Board of Regents of Georgetown University, a Trustee of the Asia Society and a board member of the Jorge Posada Foundation.  Sonny is also actively involved in the Metro NYC and International chapters of YPO.  During the Fall of 2009, Sonny served as an Assistant Adjunct Professor at Columbia University in the Master’s of Real Estate Program, teaching a course in International Real Estate with a focus on Japan and China.

Bruce Batkin

Bruce Batkin

President & Chief Executive Officer

TERRA CAPITAL PARTNERS

 

Bruce Batkin is Co-Founder, President and Chief Executive Officer of Terra Capital Partners, a private real estate funds management firm focused primarily on mezzanine and preferred equity investments.  Since its founding, Terra has originated and managed investments in over 35 million square feet of property nationwide with a value of nearly $5 billion. It is the sponsor of the Terra Secured Income series of fixed income funds. For the past 35 years, Mr. Batkin has been active in real estate acquisition, finance, investment banking and development and has structured transactions with an asset value of over $10 billion.  Prior to co-founding Terra in 2002, he held senior management positions at Merrill Lynch & Co., Donaldson, Lufkin & Jenrette, ABN AMRO and several private real estate development partnerships. He is a member of the Urban Land Institute and a frequent speaker at real estate industry events. Mr. Batkin received his Bachelor of Architecture degree from Cornell University and an MBA degree from Harvard Business School. 

Bruce Batkin is Co-Founder, President and Chief Executive Officer of Terra Capital Partners, a private real estate funds management firm focused primarily on mezzanine and preferred equity investments.  Since its founding, Terra has originated and managed investments in over 35 million square feet of property nationwide with a value of nearly $5 billion. It is the sponsor of the Terra Secured Income series of fixed income funds. For the past 35 years, Mr. Batkin has been active in real estate acquisition, finance, investment banking and development and has structured transactions with an asset value of over $10 billion.  Prior to co-founding Terra in 2002, he held senior management positions at Merrill Lynch & Co., Donaldson, Lufkin & Jenrette, ABN AMRO and several private real estate development partnerships. He is a member of the Urban Land Institute and a frequent speaker at real estate industry events. Mr. Batkin received his Bachelor of Architecture degree from Cornell University and an MBA degree from Harvard Business School. 

 

Bill Rogalla

Bill Rogalla

President

ORIGIN CAPITAL PARTNERS

Bill Rogalla is the President of Origin Capital Partners, a Chicago-based real estate investment firm that invests in commercial real estate in select markets across the nation on behalf of its principals and investment partners.  Bill has over 25 years of experience in the real estate industry including acquisitions, dispositions and development.  Prior to joining Origin, he was the Senior Vice President, Director of Acquisitions/Dispositions - Central Region for KBS Realty Advisors.  Since opening the Chicago office for KBS in 2005, Mr. Rogalla handled the acquisition of $2.7 billion and disposition of $900 million of assets located in select markets throughout the U.S.  Previously, he was the Senior Vice President - Director of U.S. Development and Investments for Slough Estates USA, a subsidiary of publicly held SEGRO in England.  During his tenure, he directed the development of over $900 million of projects and acquisition/disposition of $500 million of assets heavily concentrated in the Western U.S. Bill is active in real estate and civic organizations including ULI, NAIOP, DePaul Real Estate Alumni Association, the DePaul University Mentorship Program and the March of Dimes. He has served as a panelist/speaker for several national and regional organizations including DePaul, NAIOP, IREM, ICSC, Real Estate Forum Magazine, AFIRE and various roundtable discussions sponsored by national real estate brokerage firms.  Recently, he was elected into the Midwest Commercial Real Estate Hall of Fame by Midwest Real Estate News Magazine. Bill received both his undergraduate and graduate degrees from DePaul University.

Jay A. Neveloff

Moderator:

Jay A. Neveloff

Partner

KRAMER LEVIN NAFTALIS & FRANKEL LLP

Mr. Neveloff represents clients in all aspects of transactional real estate as well as complex restructurings.  Mr. Neveloff has represented developers of numerous mixed-use projects, including Time Warner Center, as well as numerous regional and local shopping centers, and other commercial projects throughout the country.

Recently, Mr. Neveloff represented Starwood Hotels in selling the retail portion of the St. Regis Hotel, Manhattan; the owner of Starrett City, the largest federally subsidized housing complex in the United States, in a capital transaction; Fortress Investments in connection with The Sheffield, a 497-unit condominium; New York Life Insurance Company in the sale of Manhattan House, a residential complex comprising an entire block of Manhattan; and the seller of The New Frontier Hotel Casino in Las Vegas, Nevada.  Mr. Neveloff has represented Donald Trump for more than 25 years in innumerable matters.

Mr. Neveloff received his J.D. from NYU and was elected to the American Law Institute, American College of Real Estate Lawyers and American College of Mortgage Attorneys.

11:20 am
THE EVOLVING RELATIONSHIP BETWEEN LPS & GPS
  • What market forces are shaping the LP/GP relationship, and why? 
  • Allocators vs. operators: When should LPs choose a manager, and when should they invest directly? 
  • Building purpose-built teams to manage an increasing number of direct investments 
  • How much institutional capital is being invested directly vs. in a fund structure, and how does this compare to last year? 
  • Diversification vs. concentration: What is the optimal number of managers, and why? 
  • How will consolidation affect the industry? 
  • Does every fund need to be diversified? 
  • How do you add alpha in a diversified, large fund portfolio?
David Tepperman

David Tepperman

Senior Investment Officer

NEW YORK STATE COMMON RETIREMENT FUND

Mr. Tepperman is a Senior Investment Officer with the New York State Common Retirement Fund where he has invested more than $1billion on behalf of the Fund. David currently manages $2.6 billion of the global portfolio of real estate, direct joint ventures, funds, and co-investments. David is responsible for investing in real estate and real estate related transactions. He is currently focused on investments in Asia and Europe, and is the lead Investment Officer for all of the Fund’s Asian real-estate investments. David also serves as the Fund’s representative on the boards of investor committees of commingled funds and joint ventures having a total value well in excess of $20 billion. David has worked in the real estate and finance sectors in the U.S., Asia, and Europe for the last 20 years.  He worked on various global real estate transactions and structuring projects while holding positions with KPMG Consulting and a China-based real estate firm. David is involved in numerous industry organizations including the Urban Land Institute and the New York Private Equity Network. He holds an M.B.A. from the Fuqua School of Business at Duke University, an M.S. in Real Estate Finance from New York University and a Certificate in Financial Engineering from the Swiss Finance Institute.

Joseph Marconi

Joseph Marconi

Senior Vice President – Real Estate

HARVARD MANAGEMENT COMPANY

Joe Marconi is Senior Vice President in Harvard Management Company’s real estate group, which manages Harvard’s $4 billion global portfolio of real estate direct joint ventures, funds, and co-investments. Responsibilities include portfolio management, selection, underwriting, negotiating and management of Harvard’s real estate investments.  Joe is also responsible for establishing the program around the firm’s new joint venture investment portfolio, oversight for the real estate team operations and guidance to the JV operating partners and the HMC investment team regarding asset and investment management. 
 
Joe joined Harvard in 2011 from Guggenheim Real Estate where he was an Investment Officer.  As one of the original partners he was instrumental in the design and implementation of their joint venture investment program.  He was a member of the investment committee and responsible for the selection, underwriting, management and dispositions for a $2 billion, 5 million square foot diverse portfolio across the United States.  Before Guggenheim, Joe was a Manager at Price Waterhouse in their Transaction Services and Real Estate Advisory groups. 
 
Joe is a Certified Public Accountant and Certified Property Manager.  He received a Bachelor of Science in Accounting from the University of Florida and holds a Master of Accounting from the Fisher School of Accounting at the University of Florida.

Tom Arnold

Tom Arnold

Head of Americas - Real Estate

ABU DHABI INVESTMENT AUTHORITY

 

Tom is responsible for the creation and implementation of the investment and business strategies for the Americas portfolio, existing and future investments in the US, Brazil, Canada, Mexico, and is significantly involved with the development and execution of ADIA’s global real estate strategy.
Previously, Tom was a partner at Cerberus Capital Management based in New York City.  Tom’s responsibility at Cerberus Capital included the origination and execution of real estate, lending, and private equity transactions.  Prior to Cerberus Capital, Tom was a Managing Director and senior real estate acquisitions officer, overseeing portfolio management and coordinating financing facilities.  At both Cerberus and ING, Tom managed key investor relationships and gained significant experience with investment fund design and fund administration.
Prior to ING, Tom was a Director at Credit Suisse and a Principal of the Praedium Funds when those funds were affiliated with Credit Suisse.  Tom began his real estate principal focus at Salomon Brothers (now Citigroup) with selective firm principal activity as well as related advisory work with financial institutions saddled with troubled loan and REO assets.  Prior to Salomon Brothers, Tom practiced law for five years, principally with Holland & Knight, focusing on real estate, lending, securities, and bankruptcy matters.
Tom is a graduate of the Advanced Management Program of the Harvard Business School and holds a Bachelor of Science degree in Economics, with honors, and a Juris Doctorate from the University of Florida, a Masters of Law (Taxation) from New York University, and a Masters of Business Administration from the Amos Tuck School at Dartmouth College.  Tom is a licensed attorney, registered securities principal, a holder of the right to use the Chartered Financial Analyst (CFA) designation.  Tom is also a member of the Real Estate Roundtable, and the Executive Committees and Boards of Directors of the Pension Real Estate Association (PREA) and the Association of Foreign Investors in Real Estate (AFIRE).

Tom is responsible for the creation and implementation of the investment and business strategies for the Americas portfolio, existing and future investments in the US, Brazil, Canada, Mexico, and is significantly involved with the development and execution of ADIA’s global real estate strategy.

 

Previously, Tom was a partner at Cerberus Capital Management based in New York City.  Tom’s responsibility at Cerberus Capital included the origination and execution of real estate, lending, and private equity transactions.  Prior to Cerberus Capital, Tom was a Managing Director and senior real estate acquisitions officer, overseeing portfolio management and coordinating financing facilities.  At both Cerberus and ING, Tom managed key investor relationships and gained significant experience with investment fund design and fund administration.

 

Prior to ING, Tom was a Director at Credit Suisse and a Principal of the Praedium Funds when those funds were affiliated with Credit Suisse.  Tom began his real estate principal focus at Salomon Brothers (now Citigroup) with selective firm principal activity as well as related advisory work with financial institutions saddled with troubled loan and REO assets.  Prior to Salomon Brothers, Tom practiced law for five years, principally with Holland & Knight, focusing on real estate, lending, securities, and bankruptcy matters.

 

Tom is a graduate of the Advanced Management Program of the Harvard Business School and holds a Bachelor of Science degree in Economics, with honors, and a Juris Doctorate from the University of Florida, a Masters of Law (Taxation) from New York University, and a Masters of Business Administration from the Amos Tuck School at Dartmouth College.  Tom is a licensed attorney, registered securities principal, a holder of the right to use the Chartered Financial Analyst (CFA) designation.  Tom is also a member of the Real Estate Roundtable, and the Executive Committees and Boards of Directors of the Pension Real Estate Association (PREA) and the Association of Foreign Investors in Real Estate (AFIRE).

 

Jonathan B. Schultz

Moderator:

Jonathan B. Schultz

Managing Principal

ONYX EQUITIES, LLC

As co-founder and Managing Principal of Onyx Equities, LLC, a private real estate investment, development and management company, Jonathan oversees investor capital raising initiatives, strategic planning, portfolio management, investor relations and business development.  Since inception, Onyx has purchased over $1,000,000,000 of office, retail and industrial properties throughout the tri-state area. 

Jonathan is also co-founder, President and CEO of The Schultz Organization, LLC, founded in 1990.  Schultz and its affiliates provide commercial real estate brokerage and advisory services to institutions, lenders, private owners and tenants. A graduate of Syracuse University, Jonathan earned a degree in Finance and Economics.

12:00 pm
NETWORKING LUNCHEON
1:00 pm
INDUSTRY TRENDS: HOW STRUCTURAL CHANGES & REGIONALIZATION ARE IMPACTING VARIOUS REAL ESTATE SECTORS
  • Which industries will be growing, which will be declining, and where are they concentrated?
  • How is the growing prevalence of the manufacturing and energy sectors affecting real estate?
  • What regional policies (e.g. tax abatements for new businesses, pension systems, etc.) are impeding or supporting growth?
  • Contrarian investing in non-traditional markets that are experiencing strong economic growth - overcoming a lack of information and illiquidity
  • How will e-commerce create change needs for industrial users and retail users?
  • Is more logistics space required, and where should these facilities be built?
  • Where does the next generation want to work, how do they want to use office space, and how much space do they need?
Jeffrey A. Barclay

Jeffrey A. Barclay

Managing Director

GOLDMAN, SACHS & CO

Jeffrey is responsible for the Real Estate Investment Group (REIG) within the Investment Management Division, which invests in core, core plus and value added real estate assets in the United States on behalf of Goldman Sachs Asset Management and Private Wealth Management clients. He has over 25 years of real estate investing experience. Jeffrey joined Goldman Sachs as a managing director in November 2010.


Prior to joining the firm, Jeffrey was responsible for leading real estate investment activity, including both direct investments and joint ventures, throughout the United States for ING Clarion Partners, one of the largest US real estate investment management firms and a wholly owned subsidiary of the ING Group. He served on the firm’s Executive Board, Operating Committee and led its Investment Committee. Prior to joining ING in 1993, Jeffrey was a partner at Hamilton Securities, a Washington, DC-based investment bank. From 1989 to 1992, he was responsible for investment sales at Jones Lang LaSalle. Jeffrey began his real estate investment career in 1983 at the Lawrence Ruben Company, a private development and investment company. He also worked in the real estate department of Chemical Bank and in the equity research group at CS First Boston.

Jeffrey is vice chairman of the Board of Directors of the National Association of Real Estate Investment Managers (NAREIM), chairman of the IOPC Gold Council of the Urban Land Institute (ULI), and member of the board of the Pension Real Estate Association (PREA). He has also served as an adjunct professor in the MBA program at Columbia Business School since 2004.

Jeffrey earned a BS in Economics and an MBA in Finance and Accounting from Columbia University.

Carl Gomez

Carl Gomez

Senior Vice President, Research

BENTALL KENNEDY

Carl Gomez is Senior Vice President & Chief Economist at Bentall Kennedy. With over fifteen years of business and academic experience, Carl provides management and clients with strategic insight into the impact of emerging macroeconomic and capital market forces on real estate investment markets in North America. He is also responsible for leading Bentall Kennedy’s Canadian research initiatives including portfolio and asset management strategy.

 

Carl was promoted to his current position in September 2011 and joined Bentall Kennedy in 2006 as Vice President of Research. Prior to Bentall Kennedy, Carl worked on Bay Street as a Senior Economist, first with RBC Financial Group and then with TD Bank Financial Group. In both of these capacities, he specialized in macroeconomic forecasting and Canadian real estate market analysis and was a nationally recognized media commentator on financial issues and real estate related developments. Carl began his career as an economist in Vancouver where he held the position of B.C. Regional Economist with the Canada Mortgage and Housing Corporation (CMHC) and he occasionally lectured on demographic based forecasting methods at Simon Fraser University. Carl holds an M.A. in Economics from the University of Victoria and an Honours B.A. (Economics) from the University of Western Ontario. Carl is currently on the board of directors for the Toronto Association of Business Economists.

Justin Pattner

Justin Pattner

Principal

KOHLBERG KRAVIS ROBERTS & CO.

Justin joined KKR in 2011 as a member of the Commercial Real Estate Group.  Prior to KKR, Justin worked at Eton Park Capital Management, Lubert Adler Partners and Lehman Brothers Real Estate Private Equity where he focused on real estate  and real estate-related investments. Justin graduated from the University of Pennsylvania with a B.A. in Economics from the College of Arts and Sciences.

Michael Levy

Michael Levy

Managing Director

MORGAN STANLEY | REAL ESTATE

Since joining Morgan Stanley Real Estate in 1998, Michael has worked closely with the firm’s real estate clients across a broad range of investing, advisory and financing  activities.  His responsibilities have included pursuing new investment activity, undertaking restructurings and recapitalizations, completing M&A and advisory assignments and executing capital raising initiatives.  He currently manages the global finance, operations, infrastructure and fundraising activities for the firm’s real estate investment management business.


Michael also serves as the Portfolio Manager for MSREF VII International, is chairman of MSREI’s valuation committee and a senior member of the group’s investment and risk committees.  He was previously co-head of Morgan Stanley’s real estate investment banking practice in the U.S. in 2007-2008, head of the group’s U.S. west cost investing and advisory activities  in 2006-2007, a senior member of the global lodging advisory team from 2003-2006 and global operations officer during 2001-2002.
 Michael received a B.S. from New York University’s Stern School of Business and a J.D. from Brooklyn Law School.  He is an active member of various real estate organizations including Urban Land Institute, The Real Estate Roundtable Capital Markets Committee and IREFAC.

Mark H. Wilsmann

Moderator:

Mark H. Wilsmann

Managing Director

METLIFE REAL ESTATE INVESTORS

Mark Wilsmann is Managing Director and Head of Equity Investments for MetLife Real Estate Investors. Named to this role in 2012 in conjunction with MetLife’s launch of its institutional investment management business, Wilsmann is responsible for leading MetLife’s $18 billion direct property investment platform, including overseeing portfolio management, acquisitions and asset management activities across eight domestic and two international regional offices, actively participating in investor outreach activities, and chairing the real estate investment committee. His team recently established MetLife’s new flagship open-ended fund, the MetLife Core Property Fund, as well as core/core-plus managed accounts geared toward public and private pension funds, sovereign wealth funds, and insurance companies. Between 2003 and 2012, Wilsmann led MetLife’s commercial mortgage lending business, directing product design, pricing, and origination activities and chairing the investment commitee. Under his leadership, MetLife became recognized as the top life company portfolio lender, generating annual volume of $8-$11 billion. Over his 24-year career with MetLife, Wilsmann held roles in asset management, acquisitions, loan production, portfolio management, field operations, and mergers’ integration. He served on the board of directors of the Mortgage Bankers Association and the leadership of the Commercial Mortgage Board of Governors of the MBA. He is a member of the Urban Land Institute, where he is active in ULI council leadership, and is a member of the Pension Real Estate Association, the Commercial Real Estate Finance Council, and the Capital Markets Committee of the Real Estate Roundtable. Wilsmann holds a BA and MBA from Wake Forest University.

1:40 pm
OVERCOMING FUNDRAISING CHALLENGES
  • Is momentum in the fundraising market increasing or slowing?
  • Raising capital from new institutional investors, and keeping existing investors happy
  • What makes certain funds more successful at fundraising than others?
  • How will consolidation in the industry develop in 2014?
  • How does fundraising for value-added and opportunistic funds compare to fundraising for core funds?
  • How do LPs currently view first-time funds, and what specific fundraising challenges do first-time funds face?
John Keane

John Keane

Executive Director - Administrator

POLICE & FIRE PENSION FUND

John Keane has served as the Executive Director-Administrator of the Fund since 1990. Mr. Keane has served on both the Public Employee and Administrators Committee for the International Foundation of Employee Benefits Plan; Executive Board of National Conference on Public Employee Retirement Systems; Board of Directors of the Coalition to Preserve Retirement Security. He is a member of the Government Finance Officers Association, American Legion Post 137, a member of the Fire Science Advisory Committee at Florida State College at Jacksonville, and Chairman of the Jacksonville Fire Credit Union Executive Board.

Nancy Lashine

Nancy Lashine

Managing Partner & Founder

PARK MADISON PARTNERS

With more than 25 years of real estate experience, including providing placement and strategic consulting services both as principal and agent, Ms. Lashine brings senior-level attention to every client assignment. As a strategic consultant, Ms. Lashine has advised leading institutional real estate investment advisors and managers on product development and expansion, the implementation of institutional marketing initiatives, and the organization of professional teams. She has also been directly involved in the formation of investment products across the equity and debt markets and along the risk-return spectrum from core funds to opportunity funds.  Ms. Lashine earned a BFA in Dance Theatre from Case Western Reserve University and an MBA from Columbia Business School, where she graduated with majors in finance and marketing. She is a member of ULI and WX (Executive Women in Real Estate) and is a past board member of Pension Real Estate Association.

Andrew Dietz

Andrew Dietz

Managing Director

ASB REAL ESTATE INVESTMENTS

Responsible for overall business development and client service activities for the Public/Corporate Pension and Non-Pension sectors. Mr. Dietz has over 16 years of institutional real estate experience, having structured/raised a variety of institutional funds and joint ventures for several investment managers and real estate operators totaling over $12 billion. Prior to joining ASB, Mr. Dietz was a Managing Director at KBW in Real Estate Investment Banking and at Eastdil Secured, where he was a founding member and led the firm's Private Equity Capital Team. Prior to joining to that, Mr. Dietz was a Vice President and founding member of the Real Estate Group at Credit Suisse. Between 1994 and 2000, Mr. Dietz held Associate positions at Deutsche Bank Securities and the Yarmouth Group. Mr. Dietz received his MBA from Yale University and his BA from Brandeis University.

Claiborne Johnston

Moderator:

Claiborne Johnston

Senior Director, Client Portfolio Manager

INVESCO REAL ESTATE

Mr. Johnston is a Senior Director and Client Portfolio Manager with Invesco Real Estate, a global real estate investment manager with approximately $52 billion in assets under management.  Mr. Johnston is responsible for real estate investment activities, portfolio management, business development and client coverage globally. Mr. Johnston is a member of the firm’s structured investment group operating committee and the management committee’s for the firm’s US core and value add strategies. Prior to joining Invesco Real Estate, Mr. Johnston was a Managing Director at Morgan Stanley where he was responsible for the coverage of real estate private equity sponsors, private capital formation and the coverage of global capital sources for a variety of real estate investment banking and investment management activities. Mr. Johnston has a Master of Business Administration degree from Columbia University and graduated with a Bachelor of Arts in Political Science from James Madison University. He is actively involved in a number of real estate associations including Pension Real Estate Association, Institute for Fiduciary Education and the Urban Land Institute. 

 

2:20 pm
AFTERNOON NETWORKING BREAK
2:40 pm
PROFITING FROM A POTENTIAL RECOVERY WAVE IN EUROPE & GROWTH STORY IN THE WORLD’S EMERGING MARKETS
  • Are returns in Europe and Asia better, on a risk-adjusted basis, than returns in the U.S. or Canada?
  • How will the restructuring of the Eurozone over the next few years affect the real estate market?
  • Which European markets will pick up more quickly than others?
  • Australia – why are yields so high, and are they sustainable?
  • Growth and inflation prospects for China, and for Asia’s smaller markets (Hong Kong, Singapore and Malaysia)
  • What are the long-term impacts of abenomics for Japan, and for the global economy?
  • Are BRIC markets a good place to reach for yield, rather than just development?
  • How does investing outside the U.S. inform managers (in terms of bottom line and incentives) and impact investors?
Michael C. Hudgins

Michael C. Hudgins

Executive Director/ Global REIT Strategist

J.P. MORGAN ASSET MANAGEMENT

Michael C. Hudgins, Executive Director, is the Global REIT strategist on the U.S. Equity Team as well as a member of the research group for the Global Real Assets Group.  An employee since 2007, Michael is responsible for providing market insight to the NYC REIT portfolio management team, serving as the external spokesman for the U.S., International and Global REIT strategies, and generating research related to the real estate asset class.  In the industry since 1993, Michael has extensive real estate experience and was previously a research analyst covering the office REIT sector at Stifel Nicolaus.  Prior to that, he was a research strategist at Property & Portfolio Research providing research on all four quadrants of the real estate asset class to his clients.  He also worked at Bovis Lend Lease as vice president of Strategic Planning.  Michael holds a B.A. from Williams College and a Master's degree in real estate from Johns Hopkins University.  Michael is involved with the National Association of Real Estate Investment Trusts (NAREIT), the leading REITs industry group, and a member of their Real Estate Investment Advisory Council (REAIC). He is also a Hoyt Fellow.  He holds Series 7 and 63 licenses. 

Mark Roberts

Mark Roberts

Managing Director, Head of Research & Strategy

DEUTSCHE ASSET & WEALTH MANAGEMENT

Mark Roberts, Managing Director, Head of Research and Strategy, Alternatives and Real Assets  – Mark Roberts is currently a Managing Director at Deutsche Asset & Wealth Management, and Head of Research and Strategy for the Alternatives and Real Assets platform. In this role, he oversees the research teams that support the firm’s global real estate investment process, providing in-depth knowledge and unique perspectives on the markets, trends and landscape for global real estate investing.  He is also a member of the Executive Investment Committee and is based in New York. With prior experience of more than 25 years in real estate, Mark held a series of senior research and management positions at Invesco Real Estate from 1996 to 2011. Mark holds an MS in Real Estate from the Massachusetts Institute of Technology, a BA in Architecture from the University of Illinois at Urbana, and attended the Graduate School of Management at the University of Dallas.  He is the Past-Chairman of the Board of the National Council of Real Estate Investment Fiduciaries (NCREIF), was the former President of the Real Estate Research Institute (RERI), past Chairman of the NCREIF Research Committee, and a member of the NCREIF Fund-Index Subcommittee which developed the NFI-ODCE Index.  He is Fellow of both the Homer Hoyt Institute and RERI.  Mark holds the Chartered Financial Analyst® designation and is also a registered architect.  He has authored a chapter for The Handbook of Alternative Investments and contributed several research and strategy papers to the Institute for Fiduciary Education.

Gregorio Schneider

Gregorio Schneider

Managing Partner and CIO

TERRANUM CAPITAL, LLC

Andrew H. Cummins

Andrew H. Cummins

Founder & Managing Partner

EXPLORADOR CAPITAL MANAGEMENT

Jeff Giller

Moderator:

Jeff Giller

CIO and Managing Partner

CLAIRVUE CAPITAL PARTNERS

Mr. Giller has worked in the real estate private equity sector for over 25 years and has closed real estate investments totaling $3 billion. His experience includes the acquisition, asset management, structuring, financing, underwriting, pricing, and closing of transactions in the U.S., the UK, Western Europe, Latin America, and Asia. During his career, Mr. Giller has made investments in individual properties, programmatic joint ventures, large portfolios, real estate operating companies and private equity secondaries and recapitalizations in the real estate private equity, distressed commercial mortgage and commercial real estate mortgage backed securities sectors. Prior to forming Clairvue Capital Partners, Mr. Giller was a Managing Principal and the Chief Investment Officer of Liquid Realty Partners, where he played a key role in acquiring and managing real estate private equity secondary investments, portfolio management and building and guiding the strategic direction of the firm. Prior to joining Liquid Realty Partners, Mr. Giller held senior positions in or formed various real estate private equity investment firms. From 1993 until 2000 Mr. Giller was with JER Partners, a leading global real estate opportunity fund manager. In addition to focusing on acquiring distressed debt portfolio acquisitions and properties in the U.S., Mr. Giller served as Managing Director of JER France, SA, where he started and was responsible for building and running JER’s European investment platform. After leaving JER in 2000, Mr. Giller became a founding partner of real estate fund managers Towbes Capital Partners and Somera Realty Value Fund Advisors. Mr. Giller began his career as an acquisitions analyst and associate at Metric Realty Advisors (the predecessor to Blackrock Realty Advisors), investing on a separate account basis for pension plan sponsors such as CalPERS, and the Alaska Permanent Fund. Mr. Giller earned his Bachelor of Arts degree from the University of California at Berkeley, and his Masters in Business Administration from the University of Virginia. He has been a member of the Pension Real Estate Association, the Association of Foreign Investors in Real Estate, ULI and a founder and Chairman of the Executive Committee of the Board of Directors of American Riviera Bank, where he now serves as a Director Emeritus. Mr. Giller is a frequent lecturer at academic institutions including, during 2011, at the Haas Graduate Business School at UC Berkeley, the Columbia School of Business, USC Law and the PREA Institute. Mr. Giller is also a speaker at prominent industry conferences including events sponsored by ULI, PERE, IMN, SuperInvestor IREI, IGlobal, and the UC Berkeley Fischer Center for Real Estate.

3:20 pm
RE-EXPANSION OF THE LENDING MARKETS
  • What has replaced CMBS financing in the capital stack, and is there still a place for the CMBS market?
  • How are lenders responding to aggressive equity providers?
  • Which lenders are providing construction financing?
  • How much recourse do lenders require for construction deals, and how is recourse currently being defined?
  • Debt stabilization – when, and at what level?
  • Case study - how best to finance a variety of potential deals
Mike Kelly

Mike Kelly

Director of Commingled Funds

J.P. MORGAN INVESTMENT MANAGEMENT

Michael P. Kelly, Director of Commingled Funds, the portfolio manager of the Alternative Property Fund and head of Debt Capital Markets for J.P. Morgan Asset Management  ̶  Global Real Assets. An employee since 2009, Mike is responsible for oversight of the portfolio managers for open-end funds and management of a team that procures debt for J.P. Morgan Asset Management's properties and originates and manages mezzanine loans. Before joining the firm, he was a director and head of Real Estate Conduit and Workouts for Citigroup Global Markets. Previously, Michael was a vice president and originator in the Large Loan CMBS Group and assisted with management of Goldman Sachs Commercial Mortgage Capital. Prior to that, he was a managing director and co-head of Commercial Mortgage Origination at New York Life Investment Management. He started in the industry in 1989. Mike earned a B.S. in business management from Springfield College and an M.S. in real estate from New York University and holds Series 7 and 63 licenses.

John Randall

John Randall

Senior Vice President

PCCP LLC

John W. Randall is a Senior Vice President of PCCP, LLC.  Mr. Randall joined PCCP in December 2009 and focuses on East Coast debt and equity originations particularly in the Mid-Atlantic area.  Prior to PCCP, Mr. Randall spent six years and invested over $1 billion in real estate debt and preferred equity positions within the Real Estate Private Equity group of Lehman Brothers.  Prior to Lehman Brothers, Mr. Randall was a Vice President with Deutsche Bank, originating and underwriting mezzanine investments for the DB Real Estate Mezzanine Investment Funds.  Mr. Randall's experience also includes work at Daiwa Securities originating and structuring conduit loans for their CMBS group.  Mr. Randall started his career with Arthur Andersen and Jones Lang Wootton where he valued over $1 billion of real estate in the U.S. and Latin America.  Mr. Randall has over 14 years of real estate experience and holds a B.A. in Economics from Bowdoin College, magna cum laude, and an M.B.A. from the Wharton School of the University of Pennsylvania.

Jamie Henderson

Jamie Henderson

Managing Director, Head of Alternative Investment Group

CORNERSTONE REAL ESTATE ADVISERS

Mr. Henderson heads Cornerstone's Alternative Investments Group where he has responsibility for a national platform focused on raising and deploying client capital into illiquid and less liquid high yield debt investments, to include levered bridge lending strategies, mezzanine debt, and preferred equity.  His focus includes strategic investment opportunities and development and distribution of private equity investment funds.

Prior to joining Cornerstone in 2010, and its affiliate Babson Capital Management in 2005, he was a partner at a private equity real estate firm with over 25,000 units, focused on the acquisition and repositioning of distressed multifamily assets. Previous to this, he was Vice President of Development for Oldcastle/CRH where he focused on the acquisition and repositioning of mid-market operating companies. He served six years as an officer in the United States Navy.Mr. Henderson earned a BS degree from the United States Naval Academy and an MBA from Duke University Fuqua School of Business.

Peter J. Sotoloff

Peter J. Sotoloff

Managing Director

THE BLACKSTONE GROUP

Peter Sotoloff is a Managing Director of Blackstone Real Estate Debt Strategies fund series and is a founding Member of the Advisor.  Mr. Sotoloff oversees structured finance acquisitions including both origination and legacy loan portfolio investment activities on behalf of the fund.  Mr. Sotoloff is a member of the Investment Committee for Blackstone Mortgage Trust (NYSE: BXMT) and serves on the board of Landmark Apartment Trust.  Mr. Sotoloff is based in New York. Prior to joining Blackstone, Mr. Sotoloff was a Principal at Tribeca Associates, an institutionally capitalized owner, operator and developer in New York City. Mr. Sotoloff oversaw the acquisition, financing and development of large scale office, lodging, for-sale residential and mixed-use assets and portfolios. Prior to that, Mr. Sotoloff oversaw US financing, nonperforming loan acquisition and global currency and interest rate risk management strategies for the Morgan Stanley Real Estate Funds, a series of global opportunity funds. In addition, Mr. Sotoloff was involved with the management of the Morgan Stanley Real Estate Special Situations Fund investment program. Prior to joining Morgan Stanley, Mr. Sotoloff was with Goldman Sachs’ Whitehall Funds, a global real estate opportunity fund sponsor. Mr. Sotoloff has been involved in analyzing and structuring acquisitions and financing for numerous real estate investments across all property types and geographies. Mr. Sotoloff graduated with highest honors from the Wharton School of the University of Pennsylvania with a BS in Finance with concentrations in Finance, Real Estate Finance and Management, and completed the International Business Strategies Program at the London School of Economics. Mr. Sotoloff is a member of the Real Estate Board of New York, the Urban Land Institute, the CRE Finance Council and the International Council of Shopping Centers.

Sujan Patel

Sujan Patel

Managing Director and Co-Head of Investments

NORTHSTAR REALTY FINANCE CORP.

Mr. Patel joined NorthStar Realty Finance Corp. in 2007 and is responsible for overseeing the origination, structuring and execution of the company’s debt and equity investments. Mr. Patel was based in NRF’s Los Angeles office from 2007 to 2009 and has been based in the New York office since 2009. Prior to NorthStar, Mr. Patel was a Vice President for Thayer Lodging Group, a lodging dedicated private equity firm in Annapolis, MD, focusing on all aspects of sourcing, structuring, financing and closing over $2Bn of value-add, transitional hotel acquisition opportunities. Mr. Patel began his career at Morgan Stanley in their investment banking division based in New York. Mr. Patel received a BA in Engineering Sciences modified with Economics from Dartmouth College.

Julian Wise

Moderator:

Julian Wise

Partner

SCHULTE ROTH & ZABEL LLP

Julian M. Wise is a partner in the New York office of Schulte Roth & Zabel. He represents private equity funds, investors, lenders, borrowers, and developers in a broad range of commercial real estate transactions, including acquisitions and dispositions of commercial properties, mortgage and mezzanine debt, joint venture and preferred equity agreements, real estate workouts, restructurings, and bankruptcies. Julian has a reputation among his peers and clients as one of the best strategic lawyers in the country and has represented clients in some of the highest-profile real estate transactions, including: the developer/owner of the Hudson Yards project; a major national retail grocery chain in connection with its $2 billion financing of approximately 400 grocery stores and distribution centers in 14 states; a major private equity firm in over $1 billion in financings across the United States; a private equity firm in connection with its acquisition of AT&T’s Yellow Pages (a transaction that was secured by real estate and other assets located across the United States); a major national owner/developer in connection with one of the highest-priced “single asset” property sales in New York City history; and the owner/manager of 230 Park Avenue in its acquisition and recapitalization and financing of the property.

4:00 pm
NETWORKING COCKTAIL RECEPTION

Pre-Conference Workshop

SINGLE FAMILY HOUSING AS A LONG-TERM INVESTMENT OPPORTUNITY

Wednesday October 9, 2013

7:15 am to 8:15 am

What will be covered:

  • The potential for single family housing to produce high yields, and attract institutional capital over the long-term
  • Available structures for single-family housing investments (e.g., private equity funds, REITs) and the advantages and challenges of each
  • How single family housing investments work in various economic cycles
  • The durability of single-family housing investments beyond the current housing crisis
  • The practical cost loads for aggregating and managing single-family portfolios, and how to do this efficiently in scale
  • The decision-making process and perceived risks
  • Successful exit strategies
  • Potential future public policy issues - how will municipalities engage with institutional asset holders and private equity firms, to make them responsible homeowners?

Craig S. Nickerson Craig S. Nickerson
President
NATIONAL COMMUNITY STABILIZATION TRUST

Craig Nickerson serves as President of the National Community Stabilization Trust, a national nonprofit organization created in 2008 to spur the revitalization of neighborhoods in the wake of the current housing crisis. The Stabilization Trust helps localities hard hit by foreclosures and abandonment by increasing access to foreclosed property and improving access to financing from participating financial institutions. Craig has held leadership roles in the community development arena for over 40 years. From 1997 to 2008, Craig was Vice President of Expanding Markets for Freddie Mac, where he had oversaw all single-family affordable housing lending initiatives for the corporation. Prior to joining Freddie Mac, Craig worked for Secretary of HUD Henry Cisneros as Coordinator of the “National Partners in Homeownership”, a broad-based, public-private partnership of 65 national organizations to increase homeownership opportunity for underserved populations. In other leadership roles, Craig has served as Executive Director of the City of Boston, Office of Housing, administering all citywide affordable housing initiatives and at HUD, as National Director of Housing Rehabilitation, managing such housing programs as the Rental Rehabilitation Program, Urban Homesteading, and CDBG. Craig is also the author of numerous publications regarding neighborhood revitalization and affordable lending, co-authored the National Homeownership Strategy for the Clinton Administration, developed the Catch the Dream and Don’t Borrow Trouble campaigns for Freddie Mac, and has served on numerous national boards and advisory panels.

Brian Hurley Brian Hurley
Principal
BRIAN W. HURLEY CORPORATION

With more than 20 years of operational and executive management experience across multiple facets of the real estate market, Brian Hurley has become a recognized housing thought leader.  Hurley's career has included multiple business formations, reorganizations, mergers and sales.  His unique transactional insights lead to creative approaches and innovations in deal structuring, operational and organization design, and market positioning. Prior to forming his own investment and advisory firm in April 2013, Hurley served as the president and chief operating officer of New Vista Asset Management, a premier asset management company delivering REO disposition services nationwide through a community-focused network of top-tier multicultural brokers.  Before joining New Vista in 2009, Hurley served as president of Stewart Title of California, overseeing all title, escrow and ancillary operations for Stewart Title Company in the nation's largest real estate market.  Hurley first joined the Stewart Title organization in 2002 following Stewart's acquisition of a controlling interest in InterCity Capital Corporation, a specialized provider of escrow, title, mortgage servicing, portfolio management and consulting services.  Hurley served as president, CEO and a principal of InterCity, leading strategy and operations for the company's mortgage, brokerage and settlement units.  A licensed California real estate broker and qualifying California escrow manager, Hurley graduated summa cum laude from the University of California at Berkeley with a Bachelor's Degree in Economics, and holds and MBA from Berkeley's prestigious Haas School of Business.

Pre-Conference Workshop

SINGLE FAMILY HOUSING AS A LONG-TERM INVESTMENT OPPORTUNITY

Wednesday October 9, 2013

7:15 am to 8:15 am

What will be covered:

  • The potential for single family housing to produce high yields, and attract institutional capital over the long-term
  • Available structures for single-family housing investments (e.g., private equity funds, REITs) and the advantages and challenges of each
  • How single family housing investments work in various economic cycles
  • The durability of single-family housing investments beyond the current housing crisis
  • The practical cost loads for aggregating and managing single-family portfolios, and how to do this efficiently in scale
  • The decision-making process and perceived risks
  • Successful exit strategies
  • Potential future public policy issues - how will municipalities engage with institutional asset holders and private equity firms, to make them responsible homeowners?

Craig S. Nickerson Craig S. Nickerson
President
NATIONAL COMMUNITY STABILIZATION TRUST

Craig Nickerson serves as President of the National Community Stabilization Trust, a national nonprofit organization created in 2008 to spur the revitalization of neighborhoods in the wake of the current housing crisis. The Stabilization Trust helps localities hard hit by foreclosures and abandonment by increasing access to foreclosed property and improving access to financing from participating financial institutions. Craig has held leadership roles in the community development arena for over 40 years. From 1997 to 2008, Craig was Vice President of Expanding Markets for Freddie Mac, where he had oversaw all single-family affordable housing lending initiatives for the corporation. Prior to joining Freddie Mac, Craig worked for Secretary of HUD Henry Cisneros as Coordinator of the “National Partners in Homeownership”, a broad-based, public-private partnership of 65 national organizations to increase homeownership opportunity for underserved populations. In other leadership roles, Craig has served as Executive Director of the City of Boston, Office of Housing, administering all citywide affordable housing initiatives and at HUD, as National Director of Housing Rehabilitation, managing such housing programs as the Rental Rehabilitation Program, Urban Homesteading, and CDBG. Craig is also the author of numerous publications regarding neighborhood revitalization and affordable lending, co-authored the National Homeownership Strategy for the Clinton Administration, developed the Catch the Dream and Don’t Borrow Trouble campaigns for Freddie Mac, and has served on numerous national boards and advisory panels.

Brian Hurley Brian Hurley
Principal
BRIAN W. HURLEY CORPORATION

With more than 20 years of operational and executive management experience across multiple facets of the real estate market, Brian Hurley has become a recognized housing thought leader.  Hurley's career has included multiple business formations, reorganizations, mergers and sales.  His unique transactional insights lead to creative approaches and innovations in deal structuring, operational and organization design, and market positioning. Prior to forming his own investment and advisory firm in April 2013, Hurley served as the president and chief operating officer of New Vista Asset Management, a premier asset management company delivering REO disposition services nationwide through a community-focused network of top-tier multicultural brokers.  Before joining New Vista in 2009, Hurley served as president of Stewart Title of California, overseeing all title, escrow and ancillary operations for Stewart Title Company in the nation's largest real estate market.  Hurley first joined the Stewart Title organization in 2002 following Stewart's acquisition of a controlling interest in InterCity Capital Corporation, a specialized provider of escrow, title, mortgage servicing, portfolio management and consulting services.  Hurley served as president, CEO and a principal of InterCity, leading strategy and operations for the company's mortgage, brokerage and settlement units.  A licensed California real estate broker and qualifying California escrow manager, Hurley graduated summa cum laude from the University of California at Berkeley with a Bachelor's Degree in Economics, and holds and MBA from Berkeley's prestigious Haas School of Business.

Speakers

Keynote Speaker

Sam Zell

Sam Zell

Chairman

EQUITY GROUP INVESTMENTS

Sam Zell is the Chairman of Equity Group Investments (EGI), the private investment firm he founded more than 40 years ago. The firm’s investments span industries and continents, and include interests in finance, energy, transportation, communications, healthcare and real estate. Zell is recognized as a founding father of today’s public real estate industry after creating three of the largest real estate investment trusts (REITs) in history.

He is also Founder and Chairman of Equity International, a private investment firm focused on building real estate-related businesses in international emerging markets. Zell has been particularly active in bringing Equity International’s companies to the public markets. Three of these investments are listed on the New York Stock Exchange: Gafisa, a leading homebuilder in Brazil; Xinyuan, a fast-growing regional homebuilder in China; and Homex, Mexico’s leading homebuilder. A fourth, BR Malls, Brazil’s largest retail property owner and operator, is listed on the Bovespa.

Zell maintains substantial interests in, and is the Chairman of, four other public companies listed on the New York Stock Exchange: Equity Residential, the largest apartment REIT in the U.S.; Equity LifeStyle Properties, Inc., a manufactured home community REIT; Covanta Holding Corporation, an international owner/operator of energy-from-waste and power generation facilities; and Anixter International Inc., a leading global provider of communications, security, and wire and cable products. Previously, Zell served as Chairman for Equity Office Properties Trust, which was sold in 2007 to The Blackstone Group for $39 billion in one of the largest private equity transactions in history. 

Zell serves on the JPMorgan National Advisory Board; the President’s Advisory Board at the University of Michigan; the Visitor’s Committee at the University of Michigan Law School; and with the combined efforts of the University of Michigan Business School, established the Zell/Lurie Entrepreneurial Center. Zell’s continual assistance to Michigan’s MBA program has also enhanced the Business School’s Polish Studies Program. He was appointed a DeRoy Visiting Professor in Honors at the College of Literature, Science and the Arts at Michigan. He is also a long-standing supporter of the University of Pennsylvania Wharton Real Estate Center, where he endowed the Samuel Zell/Robert Lurie Real Estate Center. Zell also endowed Northwestern University’s Center for Risk Management. He holds a JD degree and a BA from the University of Michigan.

David Tepperman

David Tepperman

Senior Investment Officer

NEW YORK STATE COMMON RETIREMENT FUND

Mr. Tepperman is a Senior Investment Officer with the New York State Common Retirement Fund where he has invested more than $1billion on behalf of the Fund. David currently manages $2.6 billion of the global portfolio of real estate, direct joint ventures, funds, and co-investments. David is responsible for investing in real estate and real estate related transactions. He is currently focused on investments in Asia and Europe, and is the lead Investment Officer for all of the Fund’s Asian real-estate investments. David also serves as the Fund’s representative on the boards of investor committees of commingled funds and joint ventures having a total value well in excess of $20 billion. David has worked in the real estate and finance sectors in the U.S., Asia, and Europe for the last 20 years.  He worked on various global real estate transactions and structuring projects while holding positions with KPMG Consulting and a China-based real estate firm. David is involved in numerous industry organizations including the Urban Land Institute and the New York Private Equity Network. He holds an M.B.A. from the Fuqua School of Business at Duke University, an M.S. in Real Estate Finance from New York University and a Certificate in Financial Engineering from the Swiss Finance Institute.

Brian Hurley

Brian Hurley

Principal

BRIAN W. HURLEY CORPORATION

With more than 20 years of operational and executive management experience across multiple facets of the real estate market, Brian Hurley has become a recognized housing thought leader.  Hurley's career has included multiple business formations, reorganizations, mergers and sales.  His unique transactional insights lead to creative approaches and innovations in deal structuring, operational and organization design, and market positioning. Prior to forming his own investment and advisory firm in April 2013, Hurley served as the president and chief operating officer of New Vista Asset Management, a premier asset management company delivering REO disposition services nationwide through a community-focused network of top-tier multicultural brokers.  Before joining New Vista in 2009, Hurley served as president of Stewart Title of California, overseeing all title, escrow and ancillary operations for Stewart Title Company in the nation's largest real estate market.  Hurley first joined the Stewart Title organization in 2002 following Stewart's acquisition of a controlling interest in InterCity Capital Corporation, a specialized provider of escrow, title, mortgage servicing, portfolio management and consulting services.  Hurley served as president, CEO and a principal of InterCity, leading strategy and operations for the company's mortgage, brokerage and settlement units.  A licensed California real estate broker and qualifying California escrow manager, Hurley graduated summa cum laude from the University of California at Berkeley with a Bachelor's Degree in Economics, and holds and MBA from Berkeley's prestigious Haas School of Business.

Carl Gomez

Carl Gomez

Senior Vice President, Research

BENTALL KENNEDY

Carl Gomez is Senior Vice President & Chief Economist at Bentall Kennedy. With over fifteen years of business and academic experience, Carl provides management and clients with strategic insight into the impact of emerging macroeconomic and capital market forces on real estate investment markets in North America. He is also responsible for leading Bentall Kennedy’s Canadian research initiatives including portfolio and asset management strategy.

 

Carl was promoted to his current position in September 2011 and joined Bentall Kennedy in 2006 as Vice President of Research. Prior to Bentall Kennedy, Carl worked on Bay Street as a Senior Economist, first with RBC Financial Group and then with TD Bank Financial Group. In both of these capacities, he specialized in macroeconomic forecasting and Canadian real estate market analysis and was a nationally recognized media commentator on financial issues and real estate related developments. Carl began his career as an economist in Vancouver where he held the position of B.C. Regional Economist with the Canada Mortgage and Housing Corporation (CMHC) and he occasionally lectured on demographic based forecasting methods at Simon Fraser University. Carl holds an M.A. in Economics from the University of Victoria and an Honours B.A. (Economics) from the University of Western Ontario. Carl is currently on the board of directors for the Toronto Association of Business Economists.

Adam Brooks

Adam Brooks

Managing Director, Real Estate Investments

ALLIANCE BERNSTEIN

Mr. Brooks is a Managing Director of the Real Estate Investment Group at AllianceBernstein, a publicly traded investment manager with over $450 billion of assets under management. AllianceBernstein is currently investing on behalf of AllianceBernstein U.S. Real Estate Partners, a $680mm discretionary equity fund, focusing on opportunistic investments in U.S. real estate. Mr. Brooks serves on the investment committees of this fund as well as AB Commercial Real Estate Debt Fund, a $710mm discretionary vehicle focused on senior debt investments. Prior to joining AllianceBernstein, Mr. Brooks was a Managing Director and Head of Real Estate Mezzanine Investments in the Real Estate Principal Investment Area at Goldman Sachs. Throughout his 15 years at Goldman Sachs, Mr. Brooks focused on real estate acquisitions and the real estate mezzanine debt investment platform. Prior to joining Goldman Sachs, Mr. Brooks worked as an Analyst in the Investment Banking Division at Salomon Brothers Inc. Mr. Brooks graduated from Princeton University with a bachelor’s degree in economics and a certificate in political economy.

Sonny Kalsi

Sonny Kalsi

Founding Partner

GREENOAK REAL ESTATE

Sonny Kalsi is one of the Founding Partners of GreenOak Real Estate, a real estate merchant banking platform with operations in New York, London and Tokyo.  He formed GreenOak in early 2010 along with his partners, and former Morgan Stanley colleagues, John Carrafiell (London) and Fred Schmidt (Tokyo).  Sonny was, until early 2009, the Global Head of Morgan Stanley Real Estate Investing (MSREI) and President of the Morgan Stanley Real Estate Funds (MSREF).  Prior to that, he was the Global Co-Head of MSRE Investing.  At its peak, MSRE Investing had approximately $100 billion of assets under management in 33 countries and 25 offices around the world with over 800 full time staff.  The largest concentrations of asset holdings were in the US, UK, Germany, Japan and China.

Prior to managing MSRE Investing globally, Sonny helped to build its Asian business, spending nine years in Hong Kong and Tokyo.  During his tenure, the team grew to over 300 professionals, with an operation that included Japan, China, India, South Korea, Australia and a number of other countries. Before joining Morgan Stanley in 1991, Sonny was employed by PaineWebber in the Mergers and Acquisitions Department.  Sonny has been involved on the boards of a number of the MSRE portfolio companies and continues to act as an important advisor to many of their management teams.  He has been cited in several publications for his profile in the real estate industry, including Private Equity Real Estate magazine as one of the “30 Most Influential” people in private equity real estate globally.


He is a graduate of Georgetown University with a degree in Business Administration and remains actively involved with the school.  Sonny is also involved in a number of industry organizations, including the Urban Land Institute and PREA.  He is a member of the Board of Regents of Georgetown University, a Trustee of the Asia Society and a board member of the Jorge Posada Foundation.  Sonny is also actively involved in the Metro NYC and International chapters of YPO.  During the Fall of 2009, Sonny served as an Assistant Adjunct Professor at Columbia University in the Master’s of Real Estate Program, teaching a course in International Real Estate with a focus on Japan and China.

Russell Appel

Russell Appel

President

THE PRAEDIUM GROUP

A founder of The Praedium Group and its President, Mr. Appel has been building the Company since 1991 and has overseen all aspects of The Praedium Group`s activities, including its strategy and its investment policy. In addition to his responsibilities with The Praedium Group, Mr. Appel ran CSFB`s Commercial Mortgage Finance business from 1991 to 1994, where he became a Managing Director. At CSFB, Mr. Appel supervised the execution of commercial and multifamily asset securitization and sale advisory assignments totaling in excess of $13 billion. Prior to joining CSFB in 1991 and his association with The Praedium Group, Mr. Appel was a Vice President in the Real Estate Department of Goldman Sachs & Co. for five years. At Goldman Sachs, he was involved in real estate-related sales, financings, mergers and acquisitions and capital markets transactions totaling in excess of $3 billion. Mr. Appel holds a B.S. in Economics (magna cum laude) and an M.B.A. (with distinction) from the Wharton School of the University of Pennsylvania. Mr. Appel served as Chairman of the Board of Directors of the Pension Real Estate Association between 2008 and 2010, and he has previously held the positions of Vice Chairman, Treasurer and Board Member.

John Randall

John Randall

Senior Vice President

PCCP LLC

John W. Randall is a Senior Vice President of PCCP, LLC.  Mr. Randall joined PCCP in December 2009 and focuses on East Coast debt and equity originations particularly in the Mid-Atlantic area.  Prior to PCCP, Mr. Randall spent six years and invested over $1 billion in real estate debt and preferred equity positions within the Real Estate Private Equity group of Lehman Brothers.  Prior to Lehman Brothers, Mr. Randall was a Vice President with Deutsche Bank, originating and underwriting mezzanine investments for the DB Real Estate Mezzanine Investment Funds.  Mr. Randall's experience also includes work at Daiwa Securities originating and structuring conduit loans for their CMBS group.  Mr. Randall started his career with Arthur Andersen and Jones Lang Wootton where he valued over $1 billion of real estate in the U.S. and Latin America.  Mr. Randall has over 14 years of real estate experience and holds a B.A. in Economics from Bowdoin College, magna cum laude, and an M.B.A. from the Wharton School of the University of Pennsylvania.

Bruce Batkin

Bruce Batkin

President & Chief Executive Officer

TERRA CAPITAL PARTNERS

 

Bruce Batkin is Co-Founder, President and Chief Executive Officer of Terra Capital Partners, a private real estate funds management firm focused primarily on mezzanine and preferred equity investments.  Since its founding, Terra has originated and managed investments in over 35 million square feet of property nationwide with a value of nearly $5 billion. It is the sponsor of the Terra Secured Income series of fixed income funds. For the past 35 years, Mr. Batkin has been active in real estate acquisition, finance, investment banking and development and has structured transactions with an asset value of over $10 billion.  Prior to co-founding Terra in 2002, he held senior management positions at Merrill Lynch & Co., Donaldson, Lufkin & Jenrette, ABN AMRO and several private real estate development partnerships. He is a member of the Urban Land Institute and a frequent speaker at real estate industry events. Mr. Batkin received his Bachelor of Architecture degree from Cornell University and an MBA degree from Harvard Business School. 

Bruce Batkin is Co-Founder, President and Chief Executive Officer of Terra Capital Partners, a private real estate funds management firm focused primarily on mezzanine and preferred equity investments.  Since its founding, Terra has originated and managed investments in over 35 million square feet of property nationwide with a value of nearly $5 billion. It is the sponsor of the Terra Secured Income series of fixed income funds. For the past 35 years, Mr. Batkin has been active in real estate acquisition, finance, investment banking and development and has structured transactions with an asset value of over $10 billion.  Prior to co-founding Terra in 2002, he held senior management positions at Merrill Lynch & Co., Donaldson, Lufkin & Jenrette, ABN AMRO and several private real estate development partnerships. He is a member of the Urban Land Institute and a frequent speaker at real estate industry events. Mr. Batkin received his Bachelor of Architecture degree from Cornell University and an MBA degree from Harvard Business School. 

 

Nancy Lashine

Nancy Lashine

Managing Partner & Founder

PARK MADISON PARTNERS

With more than 25 years of real estate experience, including providing placement and strategic consulting services both as principal and agent, Ms. Lashine brings senior-level attention to every client assignment. As a strategic consultant, Ms. Lashine has advised leading institutional real estate investment advisors and managers on product development and expansion, the implementation of institutional marketing initiatives, and the organization of professional teams. She has also been directly involved in the formation of investment products across the equity and debt markets and along the risk-return spectrum from core funds to opportunity funds.  Ms. Lashine earned a BFA in Dance Theatre from Case Western Reserve University and an MBA from Columbia Business School, where she graduated with majors in finance and marketing. She is a member of ULI and WX (Executive Women in Real Estate) and is a past board member of Pension Real Estate Association.

Michael C. Hudgins

Michael C. Hudgins

Executive Director/ Global REIT Strategist

J.P. MORGAN ASSET MANAGEMENT

Michael C. Hudgins, Executive Director, is the Global REIT strategist on the U.S. Equity Team as well as a member of the research group for the Global Real Assets Group.  An employee since 2007, Michael is responsible for providing market insight to the NYC REIT portfolio management team, serving as the external spokesman for the U.S., International and Global REIT strategies, and generating research related to the real estate asset class.  In the industry since 1993, Michael has extensive real estate experience and was previously a research analyst covering the office REIT sector at Stifel Nicolaus.  Prior to that, he was a research strategist at Property & Portfolio Research providing research on all four quadrants of the real estate asset class to his clients.  He also worked at Bovis Lend Lease as vice president of Strategic Planning.  Michael holds a B.A. from Williams College and a Master's degree in real estate from Johns Hopkins University.  Michael is involved with the National Association of Real Estate Investment Trusts (NAREIT), the leading REITs industry group, and a member of their Real Estate Investment Advisory Council (REAIC). He is also a Hoyt Fellow.  He holds Series 7 and 63 licenses. 

Hugh Macdonnell

Hugh Macdonnell

Managing Director

CLARION PARTNERS

Hugh Macdonnell, Managing Director, is the Global Head - Client Capital Management for Clarion Partners. He is a member of the firm’s Executive Board, Investment Committee and Operating Committee. He has global responsibility for the firm’s client relationships and capital raising. Hugh joined Clarion Partners in 2011 and began working in the real estate industry in 1991.

Mark Roberts

Mark Roberts

Managing Director, Head of Research & Strategy

DEUTSCHE ASSET & WEALTH MANAGEMENT

Mark Roberts, Managing Director, Head of Research and Strategy, Alternatives and Real Assets  – Mark Roberts is currently a Managing Director at Deutsche Asset & Wealth Management, and Head of Research and Strategy for the Alternatives and Real Assets platform. In this role, he oversees the research teams that support the firm’s global real estate investment process, providing in-depth knowledge and unique perspectives on the markets, trends and landscape for global real estate investing.  He is also a member of the Executive Investment Committee and is based in New York. With prior experience of more than 25 years in real estate, Mark held a series of senior research and management positions at Invesco Real Estate from 1996 to 2011. Mark holds an MS in Real Estate from the Massachusetts Institute of Technology, a BA in Architecture from the University of Illinois at Urbana, and attended the Graduate School of Management at the University of Dallas.  He is the Past-Chairman of the Board of the National Council of Real Estate Investment Fiduciaries (NCREIF), was the former President of the Real Estate Research Institute (RERI), past Chairman of the NCREIF Research Committee, and a member of the NCREIF Fund-Index Subcommittee which developed the NFI-ODCE Index.  He is Fellow of both the Homer Hoyt Institute and RERI.  Mark holds the Chartered Financial Analyst® designation and is also a registered architect.  He has authored a chapter for The Handbook of Alternative Investments and contributed several research and strategy papers to the Institute for Fiduciary Education.

Jeffrey A. Barclay

Jeffrey A. Barclay

Managing Director

GOLDMAN, SACHS & CO

Jeffrey is responsible for the Real Estate Investment Group (REIG) within the Investment Management Division, which invests in core, core plus and value added real estate assets in the United States on behalf of Goldman Sachs Asset Management and Private Wealth Management clients. He has over 25 years of real estate investing experience. Jeffrey joined Goldman Sachs as a managing director in November 2010.


Prior to joining the firm, Jeffrey was responsible for leading real estate investment activity, including both direct investments and joint ventures, throughout the United States for ING Clarion Partners, one of the largest US real estate investment management firms and a wholly owned subsidiary of the ING Group. He served on the firm’s Executive Board, Operating Committee and led its Investment Committee. Prior to joining ING in 1993, Jeffrey was a partner at Hamilton Securities, a Washington, DC-based investment bank. From 1989 to 1992, he was responsible for investment sales at Jones Lang LaSalle. Jeffrey began his real estate investment career in 1983 at the Lawrence Ruben Company, a private development and investment company. He also worked in the real estate department of Chemical Bank and in the equity research group at CS First Boston.

Jeffrey is vice chairman of the Board of Directors of the National Association of Real Estate Investment Managers (NAREIM), chairman of the IOPC Gold Council of the Urban Land Institute (ULI), and member of the board of the Pension Real Estate Association (PREA). He has also served as an adjunct professor in the MBA program at Columbia Business School since 2004.

Jeffrey earned a BS in Economics and an MBA in Finance and Accounting from Columbia University.

Craig S. Nickerson

Craig S. Nickerson

President

NATIONAL COMMUNITY STABILIZATION TRUST

Craig Nickerson serves as President of the National Community Stabilization Trust, a national nonprofit organization created in 2008 to spur the revitalization of neighborhoods in the wake of the current housing crisis. The Stabilization Trust helps localities hard hit by foreclosures and abandonment by increasing access to foreclosed property and improving access to financing from participating financial institutions. Craig has held leadership roles in the community development arena for over 40 years. From 1997 to 2008, Craig was Vice President of Expanding Markets for Freddie Mac, where he had oversaw all single-family affordable housing lending initiatives for the corporation. Prior to joining Freddie Mac, Craig worked for Secretary of HUD Henry Cisneros as Coordinator of the “National Partners in Homeownership”, a broad-based, public-private partnership of 65 national organizations to increase homeownership opportunity for underserved populations. In other leadership roles, Craig has served as Executive Director of the City of Boston, Office of Housing, administering all citywide affordable housing initiatives and at HUD, as National Director of Housing Rehabilitation, managing such housing programs as the Rental Rehabilitation Program, Urban Homesteading, and CDBG. Craig is also the author of numerous publications regarding neighborhood revitalization and affordable lending, co-authored the National Homeownership Strategy for the Clinton Administration, developed the Catch the Dream and Don’t Borrow Trouble campaigns for Freddie Mac, and has served on numerous national boards and advisory panels.

Christopher Hartung

Christopher Hartung

Director, Client Portfolio Manager

LAZARD ASSET MANAGEMENT

Christopher Hartung is a Client Portfolio Manager on Lazard's Global Real Estate Securities team, focusing on investment strategy and research. Prior to joining Lazard in 2011, Christopher was Senior Advisor at Grubb & Ellis Alesco Global Advisors, responsible for alternative investment strategies, capital markets, product development and research. Previously, he was a Managing Director at Wells Fargo Securities/Eastdil Secured, responsible for providing investment banking services to both public and private real estate companies, including equity and debt issuance, corporate advisory and mergers & acquisitions activities. Prior to Eastdil, Christopher was a Managing Director and Group Head of Real Estate Equity Research at Banc of America Securities and also worked in Real Estate equity research and strategic planning at JP Morgan. He holds a bachelor's degree from Cornell University. Christopher serves as a director of FelCor Lodging Trust, a public real estate investment trust and is on the Advisory Board for Maier Siebel Baber, one of the West Coast's leading real estate investment managers. He is a full member of the Urban Land Institute, a member of Lambda Alpha International, and has been involved with International Council of Shopping Centers and the National Associate of Real Estate Investment Trusts (NAREIT) as well as having served on the Advisory Board for the Fisher Center for Real Estate at Haas Business School, University of California Berkeley.

Jeff Giller

Jeff Giller

CIO and Managing Partner

CLAIRVUE CAPITAL PARTNERS

Mr. Giller has worked in the real estate private equity sector for over 25 years and has closed real estate investments totaling $3 billion. His experience includes the acquisition, asset management, structuring, financing, underwriting, pricing, and closing of transactions in the U.S., the UK, Western Europe, Latin America, and Asia. During his career, Mr. Giller has made investments in individual properties, programmatic joint ventures, large portfolios, real estate operating companies and private equity secondaries and recapitalizations in the real estate private equity, distressed commercial mortgage and commercial real estate mortgage backed securities sectors. Prior to forming Clairvue Capital Partners, Mr. Giller was a Managing Principal and the Chief Investment Officer of Liquid Realty Partners, where he played a key role in acquiring and managing real estate private equity secondary investments, portfolio management and building and guiding the strategic direction of the firm. Prior to joining Liquid Realty Partners, Mr. Giller held senior positions in or formed various real estate private equity investment firms. From 1993 until 2000 Mr. Giller was with JER Partners, a leading global real estate opportunity fund manager. In addition to focusing on acquiring distressed debt portfolio acquisitions and properties in the U.S., Mr. Giller served as Managing Director of JER France, SA, where he started and was responsible for building and running JER’s European investment platform. After leaving JER in 2000, Mr. Giller became a founding partner of real estate fund managers Towbes Capital Partners and Somera Realty Value Fund Advisors. Mr. Giller began his career as an acquisitions analyst and associate at Metric Realty Advisors (the predecessor to Blackrock Realty Advisors), investing on a separate account basis for pension plan sponsors such as CalPERS, and the Alaska Permanent Fund. Mr. Giller earned his Bachelor of Arts degree from the University of California at Berkeley, and his Masters in Business Administration from the University of Virginia. He has been a member of the Pension Real Estate Association, the Association of Foreign Investors in Real Estate, ULI and a founder and Chairman of the Executive Committee of the Board of Directors of American Riviera Bank, where he now serves as a Director Emeritus. Mr. Giller is a frequent lecturer at academic institutions including, during 2011, at the Haas Graduate Business School at UC Berkeley, the Columbia School of Business, USC Law and the PREA Institute. Mr. Giller is also a speaker at prominent industry conferences including events sponsored by ULI, PERE, IMN, SuperInvestor IREI, IGlobal, and the UC Berkeley Fischer Center for Real Estate.

Jamie Henderson

Jamie Henderson

Managing Director, Head of Alternative Investment Group

CORNERSTONE REAL ESTATE ADVISERS

Mr. Henderson heads Cornerstone's Alternative Investments Group where he has responsibility for a national platform focused on raising and deploying client capital into illiquid and less liquid high yield debt investments, to include levered bridge lending strategies, mezzanine debt, and preferred equity.  His focus includes strategic investment opportunities and development and distribution of private equity investment funds.

Prior to joining Cornerstone in 2010, and its affiliate Babson Capital Management in 2005, he was a partner at a private equity real estate firm with over 25,000 units, focused on the acquisition and repositioning of distressed multifamily assets. Previous to this, he was Vice President of Development for Oldcastle/CRH where he focused on the acquisition and repositioning of mid-market operating companies. He served six years as an officer in the United States Navy.Mr. Henderson earned a BS degree from the United States Naval Academy and an MBA from Duke University Fuqua School of Business.

Andrew Dietz

Andrew Dietz

Managing Director

ASB REAL ESTATE INVESTMENTS

Responsible for overall business development and client service activities for the Public/Corporate Pension and Non-Pension sectors. Mr. Dietz has over 16 years of institutional real estate experience, having structured/raised a variety of institutional funds and joint ventures for several investment managers and real estate operators totaling over $12 billion. Prior to joining ASB, Mr. Dietz was a Managing Director at KBW in Real Estate Investment Banking and at Eastdil Secured, where he was a founding member and led the firm's Private Equity Capital Team. Prior to joining to that, Mr. Dietz was a Vice President and founding member of the Real Estate Group at Credit Suisse. Between 1994 and 2000, Mr. Dietz held Associate positions at Deutsche Bank Securities and the Yarmouth Group. Mr. Dietz received his MBA from Yale University and his BA from Brandeis University.

Jonathan B. Schultz

Jonathan B. Schultz

Managing Principal

ONYX EQUITIES, LLC

As co-founder and Managing Principal of Onyx Equities, LLC, a private real estate investment, development and management company, Jonathan oversees investor capital raising initiatives, strategic planning, portfolio management, investor relations and business development.  Since inception, Onyx has purchased over $1,000,000,000 of office, retail and industrial properties throughout the tri-state area. 

Jonathan is also co-founder, President and CEO of The Schultz Organization, LLC, founded in 1990.  Schultz and its affiliates provide commercial real estate brokerage and advisory services to institutions, lenders, private owners and tenants. A graduate of Syracuse University, Jonathan earned a degree in Finance and Economics.

Peter J. Sotoloff

Peter J. Sotoloff

Managing Director

THE BLACKSTONE GROUP

Peter Sotoloff is a Managing Director of Blackstone Real Estate Debt Strategies fund series and is a founding Member of the Advisor.  Mr. Sotoloff oversees structured finance acquisitions including both origination and legacy loan portfolio investment activities on behalf of the fund.  Mr. Sotoloff is a member of the Investment Committee for Blackstone Mortgage Trust (NYSE: BXMT) and serves on the board of Landmark Apartment Trust.  Mr. Sotoloff is based in New York. Prior to joining Blackstone, Mr. Sotoloff was a Principal at Tribeca Associates, an institutionally capitalized owner, operator and developer in New York City. Mr. Sotoloff oversaw the acquisition, financing and development of large scale office, lodging, for-sale residential and mixed-use assets and portfolios. Prior to that, Mr. Sotoloff oversaw US financing, nonperforming loan acquisition and global currency and interest rate risk management strategies for the Morgan Stanley Real Estate Funds, a series of global opportunity funds. In addition, Mr. Sotoloff was involved with the management of the Morgan Stanley Real Estate Special Situations Fund investment program. Prior to joining Morgan Stanley, Mr. Sotoloff was with Goldman Sachs’ Whitehall Funds, a global real estate opportunity fund sponsor. Mr. Sotoloff has been involved in analyzing and structuring acquisitions and financing for numerous real estate investments across all property types and geographies. Mr. Sotoloff graduated with highest honors from the Wharton School of the University of Pennsylvania with a BS in Finance with concentrations in Finance, Real Estate Finance and Management, and completed the International Business Strategies Program at the London School of Economics. Mr. Sotoloff is a member of the Real Estate Board of New York, the Urban Land Institute, the CRE Finance Council and the International Council of Shopping Centers.

Mike Kelly

Mike Kelly

Director of Commingled Funds

J.P. MORGAN INVESTMENT MANAGEMENT

Michael P. Kelly, Director of Commingled Funds, the portfolio manager of the Alternative Property Fund and head of Debt Capital Markets for J.P. Morgan Asset Management  ̶  Global Real Assets. An employee since 2009, Mike is responsible for oversight of the portfolio managers for open-end funds and management of a team that procures debt for J.P. Morgan Asset Management's properties and originates and manages mezzanine loans. Before joining the firm, he was a director and head of Real Estate Conduit and Workouts for Citigroup Global Markets. Previously, Michael was a vice president and originator in the Large Loan CMBS Group and assisted with management of Goldman Sachs Commercial Mortgage Capital. Prior to that, he was a managing director and co-head of Commercial Mortgage Origination at New York Life Investment Management. He started in the industry in 1989. Mike earned a B.S. in business management from Springfield College and an M.S. in real estate from New York University and holds Series 7 and 63 licenses.

Michael Levy

Michael Levy

Managing Director

MORGAN STANLEY | REAL ESTATE

Since joining Morgan Stanley Real Estate in 1998, Michael has worked closely with the firm’s real estate clients across a broad range of investing, advisory and financing  activities.  His responsibilities have included pursuing new investment activity, undertaking restructurings and recapitalizations, completing M&A and advisory assignments and executing capital raising initiatives.  He currently manages the global finance, operations, infrastructure and fundraising activities for the firm’s real estate investment management business.


Michael also serves as the Portfolio Manager for MSREF VII International, is chairman of MSREI’s valuation committee and a senior member of the group’s investment and risk committees.  He was previously co-head of Morgan Stanley’s real estate investment banking practice in the U.S. in 2007-2008, head of the group’s U.S. west cost investing and advisory activities  in 2006-2007, a senior member of the global lodging advisory team from 2003-2006 and global operations officer during 2001-2002.
 Michael received a B.S. from New York University’s Stern School of Business and a J.D. from Brooklyn Law School.  He is an active member of various real estate organizations including Urban Land Institute, The Real Estate Roundtable Capital Markets Committee and IREFAC.

Robert Bellinger, CFA

Robert Bellinger, CFA

President & CEO

ASB REAL ESTATE INVESTMENTS

Robert B. Bellinger, CFA, President, CEO – Mr. Bellinger is responsible for all functions of ASB’s Real Estate Division.  ASB is a U.S. real estate investment management firm with more than $4 billion in assets under management for over 200 institutional investors.  ASB’s portfolios include office, retail, multi-family and industrial properties totaling approximately 16 million square feet in fifteen major markets across the United States.  Mr. Bellinger has 29 years of real estate investment experience, and has completed over $10 billion in real estate capital transactions during his career.  Prior to joining ASB Capital Management, Mr. Bellinger worked with Lend Lease Real Estate Investments as an Executive Vice President and Principal, heading the Private Client Group; Senior Vice President directing the National Asset Sales group; and Vice President leading the acquisition of equity and debt investments in the Washington, DC region.  Prior to joining Lend Lease in 1990, he worked as Development Project Manager with Trammell Crow Company.  He is the founder, former President, and a current board member of Rebuilding Together Philadelphia.  Mr. Bellinger serves on the Board and Executive Committee of the Zell Lurie Real Estate Center of the Wharton School at the University of Pennsylvania.  He received a BA with honors from Haverford College and an MBA from the Wharton School where he received the Dean’s Award of Excellence.

Claiborne Johnston

Claiborne Johnston

Senior Director, Client Portfolio Manager

INVESCO REAL ESTATE

Mr. Johnston is a Senior Director and Client Portfolio Manager with Invesco Real Estate, a global real estate investment manager with approximately $52 billion in assets under management.  Mr. Johnston is responsible for real estate investment activities, portfolio management, business development and client coverage globally. Mr. Johnston is a member of the firm’s structured investment group operating committee and the management committee’s for the firm’s US core and value add strategies. Prior to joining Invesco Real Estate, Mr. Johnston was a Managing Director at Morgan Stanley where he was responsible for the coverage of real estate private equity sponsors, private capital formation and the coverage of global capital sources for a variety of real estate investment banking and investment management activities. Mr. Johnston has a Master of Business Administration degree from Columbia University and graduated with a Bachelor of Arts in Political Science from James Madison University. He is actively involved in a number of real estate associations including Pension Real Estate Association, Institute for Fiduciary Education and the Urban Land Institute. 

 

John Keane

John Keane

Executive Director - Administrator

POLICE & FIRE PENSION FUND

John Keane has served as the Executive Director-Administrator of the Fund since 1990. Mr. Keane has served on both the Public Employee and Administrators Committee for the International Foundation of Employee Benefits Plan; Executive Board of National Conference on Public Employee Retirement Systems; Board of Directors of the Coalition to Preserve Retirement Security. He is a member of the Government Finance Officers Association, American Legion Post 137, a member of the Fire Science Advisory Committee at Florida State College at Jacksonville, and Chairman of the Jacksonville Fire Credit Union Executive Board.

Joseph Marconi

Joseph Marconi

Senior Vice President – Real Estate

HARVARD MANAGEMENT COMPANY

Joe Marconi is Senior Vice President in Harvard Management Company’s real estate group, which manages Harvard’s $4 billion global portfolio of real estate direct joint ventures, funds, and co-investments. Responsibilities include portfolio management, selection, underwriting, negotiating and management of Harvard’s real estate investments.  Joe is also responsible for establishing the program around the firm’s new joint venture investment portfolio, oversight for the real estate team operations and guidance to the JV operating partners and the HMC investment team regarding asset and investment management. 
 
Joe joined Harvard in 2011 from Guggenheim Real Estate where he was an Investment Officer.  As one of the original partners he was instrumental in the design and implementation of their joint venture investment program.  He was a member of the investment committee and responsible for the selection, underwriting, management and dispositions for a $2 billion, 5 million square foot diverse portfolio across the United States.  Before Guggenheim, Joe was a Manager at Price Waterhouse in their Transaction Services and Real Estate Advisory groups. 
 
Joe is a Certified Public Accountant and Certified Property Manager.  He received a Bachelor of Science in Accounting from the University of Florida and holds a Master of Accounting from the Fisher School of Accounting at the University of Florida.

Tom Arnold

Tom Arnold

Head of Americas - Real Estate

ABU DHABI INVESTMENT AUTHORITY

 

Tom is responsible for the creation and implementation of the investment and business strategies for the Americas portfolio, existing and future investments in the US, Brazil, Canada, Mexico, and is significantly involved with the development and execution of ADIA’s global real estate strategy.
Previously, Tom was a partner at Cerberus Capital Management based in New York City.  Tom’s responsibility at Cerberus Capital included the origination and execution of real estate, lending, and private equity transactions.  Prior to Cerberus Capital, Tom was a Managing Director and senior real estate acquisitions officer, overseeing portfolio management and coordinating financing facilities.  At both Cerberus and ING, Tom managed key investor relationships and gained significant experience with investment fund design and fund administration.
Prior to ING, Tom was a Director at Credit Suisse and a Principal of the Praedium Funds when those funds were affiliated with Credit Suisse.  Tom began his real estate principal focus at Salomon Brothers (now Citigroup) with selective firm principal activity as well as related advisory work with financial institutions saddled with troubled loan and REO assets.  Prior to Salomon Brothers, Tom practiced law for five years, principally with Holland & Knight, focusing on real estate, lending, securities, and bankruptcy matters.
Tom is a graduate of the Advanced Management Program of the Harvard Business School and holds a Bachelor of Science degree in Economics, with honors, and a Juris Doctorate from the University of Florida, a Masters of Law (Taxation) from New York University, and a Masters of Business Administration from the Amos Tuck School at Dartmouth College.  Tom is a licensed attorney, registered securities principal, a holder of the right to use the Chartered Financial Analyst (CFA) designation.  Tom is also a member of the Real Estate Roundtable, and the Executive Committees and Boards of Directors of the Pension Real Estate Association (PREA) and the Association of Foreign Investors in Real Estate (AFIRE).

Tom is responsible for the creation and implementation of the investment and business strategies for the Americas portfolio, existing and future investments in the US, Brazil, Canada, Mexico, and is significantly involved with the development and execution of ADIA’s global real estate strategy.

 

Previously, Tom was a partner at Cerberus Capital Management based in New York City.  Tom’s responsibility at Cerberus Capital included the origination and execution of real estate, lending, and private equity transactions.  Prior to Cerberus Capital, Tom was a Managing Director and senior real estate acquisitions officer, overseeing portfolio management and coordinating financing facilities.  At both Cerberus and ING, Tom managed key investor relationships and gained significant experience with investment fund design and fund administration.

 

Prior to ING, Tom was a Director at Credit Suisse and a Principal of the Praedium Funds when those funds were affiliated with Credit Suisse.  Tom began his real estate principal focus at Salomon Brothers (now Citigroup) with selective firm principal activity as well as related advisory work with financial institutions saddled with troubled loan and REO assets.  Prior to Salomon Brothers, Tom practiced law for five years, principally with Holland & Knight, focusing on real estate, lending, securities, and bankruptcy matters.

 

Tom is a graduate of the Advanced Management Program of the Harvard Business School and holds a Bachelor of Science degree in Economics, with honors, and a Juris Doctorate from the University of Florida, a Masters of Law (Taxation) from New York University, and a Masters of Business Administration from the Amos Tuck School at Dartmouth College.  Tom is a licensed attorney, registered securities principal, a holder of the right to use the Chartered Financial Analyst (CFA) designation.  Tom is also a member of the Real Estate Roundtable, and the Executive Committees and Boards of Directors of the Pension Real Estate Association (PREA) and the Association of Foreign Investors in Real Estate (AFIRE).

 

Justin Pattner

Justin Pattner

Principal

KOHLBERG KRAVIS ROBERTS & CO.

Justin joined KKR in 2011 as a member of the Commercial Real Estate Group.  Prior to KKR, Justin worked at Eton Park Capital Management, Lubert Adler Partners and Lehman Brothers Real Estate Private Equity where he focused on real estate  and real estate-related investments. Justin graduated from the University of Pennsylvania with a B.A. in Economics from the College of Arts and Sciences.

Mark H. Wilsmann

Mark H. Wilsmann

Managing Director

METLIFE REAL ESTATE INVESTORS

Mark Wilsmann is Managing Director and Head of Equity Investments for MetLife Real Estate Investors. Named to this role in 2012 in conjunction with MetLife’s launch of its institutional investment management business, Wilsmann is responsible for leading MetLife’s $18 billion direct property investment platform, including overseeing portfolio management, acquisitions and asset management activities across eight domestic and two international regional offices, actively participating in investor outreach activities, and chairing the real estate investment committee. His team recently established MetLife’s new flagship open-ended fund, the MetLife Core Property Fund, as well as core/core-plus managed accounts geared toward public and private pension funds, sovereign wealth funds, and insurance companies. Between 2003 and 2012, Wilsmann led MetLife’s commercial mortgage lending business, directing product design, pricing, and origination activities and chairing the investment commitee. Under his leadership, MetLife became recognized as the top life company portfolio lender, generating annual volume of $8-$11 billion. Over his 24-year career with MetLife, Wilsmann held roles in asset management, acquisitions, loan production, portfolio management, field operations, and mergers’ integration. He served on the board of directors of the Mortgage Bankers Association and the leadership of the Commercial Mortgage Board of Governors of the MBA. He is a member of the Urban Land Institute, where he is active in ULI council leadership, and is a member of the Pension Real Estate Association, the Commercial Real Estate Finance Council, and the Capital Markets Committee of the Real Estate Roundtable. Wilsmann holds a BA and MBA from Wake Forest University.

Howard S. Landsberg, CPA

Howard S. Landsberg, CPA

Partner

WEISERMAZARS LLP

Howard has more than 20 years of diversified tax and financial consulting experience with real estate companies and closely held businesses in a variety of industries. Howard has extensive experience serving real estate owner/operators, private equity funds, and Real Estate Investment Trusts, advising them on day-to-day operations, tax saving opportunities, and transactional support that includes the acquisition and disposition of real estate. 
Howard’s experience in providing tax services
to real estate companies includes:
Advising on the merger of subchapter
C corporations into a Real Estate Investment Trust, prior to a public stock offering
Structuring advice to minimize taxes in state and local jurisdictions
Preparation and review of the annual and quarterly Real Estate Investment Trust qualification tests
Preparation of the Federal, State and Local income tax compliance
Review and analysis of operating agreements
Structuring dispositions

Howard received his BBA in Accounting from Hofstra University. He received his JD from Benjamin N. Cardozo School of Law. He is currently affiliated with the American Institute of Certified Public Accountants, New York State Society of Certified Public Accountants, and National Association of Real Estate Investment Trusts. He is also the Treasurer of the Parent Child Home Program.

Sujan Patel

Sujan Patel

Managing Director and Co-Head of Investments

NORTHSTAR REALTY FINANCE CORP.

Mr. Patel joined NorthStar Realty Finance Corp. in 2007 and is responsible for overseeing the origination, structuring and execution of the company’s debt and equity investments. Mr. Patel was based in NRF’s Los Angeles office from 2007 to 2009 and has been based in the New York office since 2009. Prior to NorthStar, Mr. Patel was a Vice President for Thayer Lodging Group, a lodging dedicated private equity firm in Annapolis, MD, focusing on all aspects of sourcing, structuring, financing and closing over $2Bn of value-add, transitional hotel acquisition opportunities. Mr. Patel began his career at Morgan Stanley in their investment banking division based in New York. Mr. Patel received a BA in Engineering Sciences modified with Economics from Dartmouth College.

Bill Rogalla

Bill Rogalla

President

ORIGIN CAPITAL PARTNERS

Bill Rogalla is the President of Origin Capital Partners, a Chicago-based real estate investment firm that invests in commercial real estate in select markets across the nation on behalf of its principals and investment partners.  Bill has over 25 years of experience in the real estate industry including acquisitions, dispositions and development.  Prior to joining Origin, he was the Senior Vice President, Director of Acquisitions/Dispositions - Central Region for KBS Realty Advisors.  Since opening the Chicago office for KBS in 2005, Mr. Rogalla handled the acquisition of $2.7 billion and disposition of $900 million of assets located in select markets throughout the U.S.  Previously, he was the Senior Vice President - Director of U.S. Development and Investments for Slough Estates USA, a subsidiary of publicly held SEGRO in England.  During his tenure, he directed the development of over $900 million of projects and acquisition/disposition of $500 million of assets heavily concentrated in the Western U.S. Bill is active in real estate and civic organizations including ULI, NAIOP, DePaul Real Estate Alumni Association, the DePaul University Mentorship Program and the March of Dimes. He has served as a panelist/speaker for several national and regional organizations including DePaul, NAIOP, IREM, ICSC, Real Estate Forum Magazine, AFIRE and various roundtable discussions sponsored by national real estate brokerage firms.  Recently, he was elected into the Midwest Commercial Real Estate Hall of Fame by Midwest Real Estate News Magazine. Bill received both his undergraduate and graduate degrees from DePaul University.

Julian Wise

Julian Wise

Partner

SCHULTE ROTH & ZABEL LLP

Julian M. Wise is a partner in the New York office of Schulte Roth & Zabel. He represents private equity funds, investors, lenders, borrowers, and developers in a broad range of commercial real estate transactions, including acquisitions and dispositions of commercial properties, mortgage and mezzanine debt, joint venture and preferred equity agreements, real estate workouts, restructurings, and bankruptcies. Julian has a reputation among his peers and clients as one of the best strategic lawyers in the country and has represented clients in some of the highest-profile real estate transactions, including: the developer/owner of the Hudson Yards project; a major national retail grocery chain in connection with its $2 billion financing of approximately 400 grocery stores and distribution centers in 14 states; a major private equity firm in over $1 billion in financings across the United States; a private equity firm in connection with its acquisition of AT&T’s Yellow Pages (a transaction that was secured by real estate and other assets located across the United States); a major national owner/developer in connection with one of the highest-priced “single asset” property sales in New York City history; and the owner/manager of 230 Park Avenue in its acquisition and recapitalization and financing of the property.

Jay A. Neveloff

Jay A. Neveloff

Partner

KRAMER LEVIN NAFTALIS & FRANKEL LLP

Mr. Neveloff represents clients in all aspects of transactional real estate as well as complex restructurings.  Mr. Neveloff has represented developers of numerous mixed-use projects, including Time Warner Center, as well as numerous regional and local shopping centers, and other commercial projects throughout the country.

Recently, Mr. Neveloff represented Starwood Hotels in selling the retail portion of the St. Regis Hotel, Manhattan; the owner of Starrett City, the largest federally subsidized housing complex in the United States, in a capital transaction; Fortress Investments in connection with The Sheffield, a 497-unit condominium; New York Life Insurance Company in the sale of Manhattan House, a residential complex comprising an entire block of Manhattan; and the seller of The New Frontier Hotel Casino in Las Vegas, Nevada.  Mr. Neveloff has represented Donald Trump for more than 25 years in innumerable matters.

Mr. Neveloff received his J.D. from NYU and was elected to the American Law Institute, American College of Real Estate Lawyers and American College of Mortgage Attorneys.

R. Byron Carlock, Jr.

R. Byron Carlock, Jr.

U.S. Real Estate Practice Leader

PWC

Byron currently serves as the U.S. Real Estate Practice Leader.  Byron joined PwC after a distinguished career in the private sector of the real estate industry. Prior to assuming his current role, Byron served as the CEO and President of CNL Lifestyle Properties, Inc for seven years.  His resume also includes three years as Executive Vice President and Chief Investment Officer of Post Properties and nine years as Managing Director for Crow Holdings International.   Byron brings extensive knowledge of the real estate industry across the real estate life cycle, including the capital markets, experience in developing and implementing a strategic vision and a strong commitment to a partnership culture.  Byron is a CPA and is currently a member of the Urban Land Institute (ULI) and a board member Emeritus of Harvard Business School.  He also serves on the Board of Directors at Hope Network Ministries and is on the board for the Dallas Summer Musicals.

Andrew H. Cummins

Andrew H. Cummins

Founder & Managing Partner

EXPLORADOR CAPITAL MANAGEMENT

Gregorio Schneider

Gregorio Schneider

Managing Partner and CIO

TERRANUM CAPITAL, LLC

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DebtWire

Debtwire is the leading provider of actionable intelligence on the U.S. structured finance marketplace. As an all-inclusive proprietary intelligence tool, Debtwire provides in-depth news and analysis of real-time developments in the cash and synthetic ABS/CMBS markets, uncovering value, pitfalls and trade ideas before they become trends. In addition to its unparalleled editorial coverage, Debtwire offers an extensive library of daily bid lists and a comprehensive Loan Level Database. Debtwire is part of The Mergermarket Group, a Financial Times Group company. Visit www.debtwire.com.

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The Alternative Assets Network was set up in 2000 in order to inform and connect the global private equity and venture capital community. We support and promote the industry by serving its information needs and by facilitating a worldwide interactive community via our online and event platforms. The AltAssets website is designed to provide the latest news, opinion and research to serve the needs of professionals working in all parts of the industry and is fast becoming the primary source for essential information on LPs, fundraisings, investor relations and communications. To supplement this, our quarterly publication, Limited Partner Magazine explores the crucial role of institutional investors in private equity and venture funds and the interconnect between these LPs and the fund managers they support.  Its circulation includes over 4,000 LPs and thousands of GPs and service providers around the world. In addition, we work closely with the global LP community to produce exclusive, invitation-only, sector-specific LP-GP Forums covering the private equity mid-market, clean energy and sustainability and infrastructure. Get further involved with AltAssets and take a look around our news site at www.altassets.net.

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The Waldorf Astoria The Waldorf Astoria

The Waldorf Astoria

301 Park Avenue

New York, NY

 

(212) 355-3000

http://www.waldorfnewyork.com

 

iGlobal Forum is pleased to be hosting the upcoming Summit at the world-renowned Waldorf Astoria in New York.  The Waldorf stands as a unique dining destination, with four distinctive restaurants, three lounges, and of course, 24-hour room service.  Hotel guests are encouraged to explore the hotel, a New York City landmark, considered an extraordinary living Art Deco museum.

 

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    $1,045
  • August 15, 2013
    $949
    $249
    $1,145
  • September 15, 2013
    $999
    $299
    $1,245
  • October 9, 2013
    $1,099
    $349
    $1,445

Terms and Conditions - Payment Policy

  • Payment is due in full at the time of registration and includes lunches, refreshments and detailed conference materials.
  • Your registration will not be confirmed until payment is received and may be subject to cancellation.

iGlobal Forum Cancellation, Postponement and Substitution Policy

  • You may substitute delegates at any time. iGlobal Forum does not provide refunds for cancellations.
  • For cancellations received in writing more than seven (7) days prior to the conference you will receive a 100% credit to be used at another iGlobal Forum conference for up to one year from the date of issuance.
  • For cancellations received seven (7) days or less prior to an event (including day 7), no credit will be issued. In the event that iGlobal Forum cancels an event, delegate payments at the date of cancellation will be credited to a future iGlobal Forum event. This credit will be available for up to one year from the date of issuance.
  • In the event that iGlobal Forum postpones an event, delegate payments at the postponement date will be credited towards the rescheduled date. If the delegate is unable to attend the rescheduled event, the delegate will receive a 100% credit representing payments made towards a future iGlobal Forum event. This credit will be available for up to one year from the date of issuance. No refunds will be available for cancellations or postponements.
  • iGlobal Forum is not responsible for any loss or damage as a result of a substitution, alteration or cancellation/postponement of an event. iGlobal Forum shall assume no liability whatsoever in the event this conference is cancelled, rescheduled or postponed due to a fortuitous event, Act of God, unforeseen occurrence or any other event that renders performance of this conference impracticable or impossible. For purposes of this clause, a fortuitous event shall include, but not be limited to: war, fire, labor strike, extreme weather or other emergency.
  • Please note that speakers and topics were confirmed at the time of publishing, however, circumstances beyond the control of the organizers may necessitate substitutions, alterations or cancellations of the speakers and/or topics. As such, iGlobal Forum reserves the right to alter or modify the advertised speakers and/or topics if necessary. Any substitutions or alterations will be updated on our web page as soon as possible.

Discounts

  • All discounts must require payment at time of registration and before the cut-off date in order to receive any discount.
  • Any discounts offered whether by iGlobal Forum (including team discounts) must also require payment at the time of registration.
  • All discount offers cannot be combined with any other offer