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March 29 - 30, 2023 | NEW YORK CITY

Agenda Day 1 - Eastern Standard Time

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9:00 am - REGISTRATION & NETWORKING BREAKFAST

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WORKSHOP A: INTEGRATING ESG INTO REAL ESTATE INVESTMENT STRATEGIES

10:00am - 12:00pm

  • Strategies for meeting investor expectations on ESG performance and reporting
  • Defining net zero and assessing the different approaches to meeting that goal
  • Considerations in repositioning real estate assets that are no longer productive to a new type of economy (examples: indoor farming, transitioning certain areas such as garbage dumps with solar panels).
  • Combining ESG with impact investments: where are the opportunities?
  • The implications of institutional investors in Republican-led states who are against the use of ESG 
  • PACE funding to meet sustainability goals – when does it make sense?
  • Green bonds vs. sustainability linked bonds: what are the differences?
  • Adapting to climate related regulations, including the new SEC rule and Local Law 97 in New York
  • Assessing the impact of an economic downturn on ESG initiatives

Workshop Leader: Linda Isaacson

Partner and Head of ESG & Impact

ACRE

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Anna Benjamin, Ph.D.

Vice President, Climate Lead

Bridge Investment Group

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Katie Cappola

ESG Manager

Madison International Realty

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ONE-TO-ONE NETWORKING SESSION WITH SPEAKERS

12:00pm - 12:30pm

  • Attendees will have the opportunity to have concise and focused one-to-one meetings with speakers. This part of the program is a unique and focused way for attendees to establish new contacts and generate fresh business opportunities.
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NETWORKING LUNCH BREAK

12:00pm - 1:00pm

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WORKSHOP B: DISTRESSED INVESTING AND RESTRUCTURING OPPORTUNITIES IN COMMERCIAL REAL ESTATE

1:00pm - 3:00pm

  • Where are the opportunities in distressed investing and restructuring? 
  • What are the best approaches for sourcing deals?
  • Key considerations in buying distressed debt and equity
  • Due diligence: what are the most important elements?
  • Meeting the challenges in valuation 
  • Risk management strategies
  • Structuring loan to own transactions
  • Legal and tax considerations

Workshop Leader: Carly Saviano

Partner

Willkie Farr & Gallagher LLP

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Jacob Feingold

Managing Director

Canyon Partners Real Estate LLC

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Steven Stuart

Managing Director

Fortress Investment Group

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Michael Vu

Senior Managing Director

Artemis Real Estate Partners

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ONE-TO-ONE NETWORKING SESSION WITH SPEAKERS

3:00pm - 3:30pm

  • Attendees will have the opportunity to have concise and focused one-to-one meetings with speakers. This part of the program is a unique and focused way for attendees to establish new contacts and generate fresh business opportunities.
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WORKSHOP C: STRATEGIES FOR ATTRACTING OVERSEAS CAPITAL

3:30pm - 5:00pm

  • Investment options: indirect investment, direct investment, joint ventures and co-investments
  • Which sectors and strategies are of greatest interest to foreign investors?
  • Countries that are most active in US real estate investment
  • What are the main challenges in securing overseas capital and how can those challenges be overcome?
  • Selecting overseas investors for partnership
  • Legal and tax considerations

Workshop Leader: Eli Elefant

CEO

Prop. & Building Corp. USA

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Dino Christoforakis

Founder & Managing Principal

Vential Investments

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Scott Sterrett

Managing Director, Capital Partnerships

Henderson Park Capital Partners

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ONE-TO-ONE NETWORKING SESSION WITH SPEAKERS

5:00pm - 5:30pm

  • Attendees will have the opportunity to have concise and focused one-to-one meetings with speakers. This part of the program is a unique and focused way for attendees to establish new contacts and generate fresh business opportunities.

March 29 - 30, 2023 | NEW YORK CITY

Agenda Day 2 - Eastern Standard Time

Register Today

8:00 am - REGISTRATION & NETWORKING BREAKFAST

8:45 am - CHAIRPERSON’S WELCOME & OPENING REMARKS

Dan Sullivan

Principal and Financial Markets & Real Estate Leader

PwC

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9:00 am - OPENING KEYNOTE INTERVIEW

Philip Mintz is a Partner and Chief Investment Officer, US & Asia Real Estate Equity, at Apollo Global Management. Philip has managed multiple successful real estate platforms throughout the United States and Asia and was formerly the Chief Executive Officer of General Electric Real Estate Asia, based in Tokyo, where he led a team of 300 employees throughout the region and managed in excess of $4 billion in assets. Apollo is a global, high-growth alternative asset manager with approximately $523 billion in assets under management (AUM) as of September 2022. Apollo has approximately $64 billion in AUM invested in real estate strategies. Apollo Real Estate has grown rapidly, doubling in AUM over the last five years, driven by the expansion of its existing businesses and acquisition of new platforms. 

Philip Mintz

Partner & Chief Investment Officer, US & Asia Real Estate Equity

Apollo Global Management

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Interviewed by:

Dan Sullivan

Principal and Financial Markets & Real Estate Leader

PwC

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9:45 am - OVERVIEW OF REAL ESTATE AND MACROECONOMIC TRENDS – NAVIGATING UNCERTAINTY IN THE MARKET

  • How will inflation, interest rates, Fed policy and US politics affect real estate fundamentals?
  • Is there a recession? If so, how long and deep will it be?
  • What will be the impact of the higher cost and reduced availability of debt on real estate capital markets?
  • What are the most important geopolitical risks to consider?
  • How will onshoring, nearshoring and friendshoring trends affect the supply chain and real estate markets?
  • Will the ongoing global energy crisis result in more overseas capital coming into US real estate?
  • Market performance outlook over the next year: which regions, sectors and strategies will produce the best risk-adjusted returns?

Moderator

Jay Neveloff

Partner and Chair, Real Estate New York

Kramer Levin

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Eric Newman

Treasury Manager

City of Stamford, Connecticut

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Tim Wang

Managing Director and Head of Investment Research

Clarion Partners

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Kamran Soleiman

Director Real Estate Investment Research & Strategy

Manulife Investment Management

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William Pattison

Managing Director, Head of Real Estate Research & Strategy

MetLife Investment Management

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Paula Campbell Roberts

Managing Director - Chief Investment Strategist, Private Wealth Partners

KKR

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10:30 am - NETWORKING BREAK & ONE-TO-ONE NETWORKING SESSIONS WITH SPEAKERS

Attendees will have the opportunity to have concise and focused one-to-one meetings with speakers. This part of the program is a unique and focused way for attendees to establish new contacts and generate fresh business opportunities.

 

11:00 am - CAPITAL ALLOCATION AND PORTFOLIO MANAGEMENT – WHERE IS THE SMART MONEY GOING?

  • Which real estate sectors are generating the most interest from investors?
  • In this environment, is it better to focus on strategies rather than geographies? If so, which strategies?
  • Credit as a strategy: opportunities and challenges for real estate private equity firms
  • Where are the opportunities in distressed investing today and how will those opportunities evolve?
  • Risk management: securing assumable financing, getting as much duration as possible, hedging out interest rate risk and maintaining reserves at a fund level. Which approaches are most important?
  • Valuation of real estate assets: when will there be a significant narrowing of the bid ask spread in private real estate?
  • Off market deals: is the volume likely to increase? If so, why?
  • With automation and AI dominating discussions in other major industries, what new technologies are you enlisting to support portfolio management and your overall investment strategy?

Moderator

Chester P. Lee

Partner

Duane Morris LLP

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Elizabeth Bell

Principal, Real Assets Investments

Hamilton Lane

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David Hamm

Senior Managing Director and Head of Real Estate

Wafra

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Cameron Steele

CEO & Cofounder

Prophia

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Gary Beasley

CEO & Co-Founder

Roofstock

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11:45 am - REAL ESTATE FINANCING & PRIVATE DEBT – CREATIVE SOLUTIONS TO FILL CAPITAL STACKS

  • Analyzing the current state of debt in the marketplace: banks, insurers and debt funds
  • The evolution of deals using preferred equity, mezzanine financing, gap capital and all cash transactions
  • Key considerations for underwriting in a negative leverage environment
  • What are the opportunities and challenges in refinancing transactions?
  • Private equity secondaries as a liquidity tool
  • Will there be more equity in deals due to the high cost of leverage?
  • Opportunities in construction and development loans

Moderator

Wick Egan

Vice President

Egan-Jones

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Fred Cooper

Senior Vice President Finance, International Development & Investor Relations

Toll Brothers

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Brian Cannella

Senior Managing Director, Head of Transactions & Capital Markets

Kayne Anderson Real Estate

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Sarah Schwarzschild

Co-Head & Managing Director, BGO Strategic Capital Partners

BentallGreenOak

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Clarke Hitch

Managing Director, Real Estate

Blackstone

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12:15 pm - INSTITUTIONAL INVESTOR PERSPECTIVES AND THE LP-GP RELATIONSHIP

  • Where do investors see the greatest opportunities for maximizing risk-adjusted returns?
  • What will it take to raise new funds?
  • How will investors view capital support for existing funds or deals when needed?
  • Equity funds vs. debt funds. Which is better?
  • Direct investments vs funds vs JVs: which structures are being favored and what are the factors driving these decisions?
  • Megafunds vs niche funds: what is the competitive landscape?
  • The impact of the denominator effect on investment decision-making
  • Challenges and opportunities in integrating ESG & DEI considerations into investment decision-making
  • What are the best approaches for GPs seeking capital to foster a relationship with institutional investors?

 

Moderator

Kamaron Leach

Reporter

Bloomberg News

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Alex Abrams

Partner

StepStone Group

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Jefferson Weston IV

Porfolio Manager, Real Estate & Real Assets

Arizona PSPRS

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Cynthia Maasry

Managing Director, Mission Investments

Trinity Church Wall Street

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Raphael Sidelsky

Chief Investment Officer, Real Estate

W5 Group LLC

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12:45 pm - NETWORKING LUNCH

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ONE-TO-ONE NETWORKING SESSION WITH SPEAKERS

12:45pm - 1:15pm

Attendees will have the opportunity to have concise and focused one-to-one meetings with speakers. This part of the program is a unique and focused way for attendees to establish new contacts and generate fresh business opportunities.

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Luncheon Workshop

1:15pm - 2:00pm Luncheon Workshop: Advancing DEI in Commercial Real Estate

This session will provide an open forum to discuss the strategies that GPs, LPs, real estate owners and developers are implementing to advance diversity, equity and inclusion. Key topics to be covered include:

  • Best Practices for Recruiting and Retaining a Diverse Workforce
  • Compliance with Employment Laws that Advance DEI
  • How can DEI efforts be made more effective?

Jennifer M. Schmalz

Partner

Ellenoff Grossman & Schole LLP

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2:00 pm - ROUNDTABLE DISCUSSIONS

Choose your topic for an interactive discussion with fellow attendees on the most pressing issues facing the industry. Network at small tables and participate in lively topical conversation. This format provides an excellent opportunity to meet your industry peers in a unique setting.

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ROUNDTABLES ROUND ONE

2:00pm - 3:00pm ROUNDTABLE 1: WHAT DOES THE FUTURE OF OFFICE LOOK LIKE?

  • What’s the overall outlook for the office sector? Is there a structural change that’s irreversible?
  • Which markets, submarkets and property types are attracting investor interest? 
  • Are high net worth buyers overpaying for some assets?
  • Headwinds from the work from home trend: when will the future of work be realized in occupancy and utilization patterns?
  • Will demand for co-working space increase?
  • Converting office space to residential and medical/life sciences: when does it make sense? 
  • How are deals in the office sector getting capitalized? 
  • What are the options for owners of older buildings who have limited capital to make improvements?
  • Which segments of the office market are likely to experience distress?

 

Andrea Himmel

Principal + Chief Investment Officer

Himmel + Meringoff Properties

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Brian Wallick

Director, New York Investments, Office and Life Science, Americas

Nuveen Real Estate

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ROUNDTABLES ROUND ONE

2:00pm - 3:00pm ROUNDTABLE 2: SINGLE FAMILY RENTAL MARKET

  • Which real estate sectors are generating the most interest from investors?
  • In this environment, is it better to focus on strategies rather than geographies? If so, which strategies?
  • How is investor demand changing for traditional vs. alternative assets?
  • Where do you see the most opportunity in alternative assets?
  • What are innovative strategies to access and capitalize on alts?
  • How does the current market impact yield and liquidity in alts?

Gary Beasley

CEO & Co-founder

Roofstock

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ROUNDTABLE ROUND ONE

2:00pm - 3:00pm ROUNDTABLE 3: INNOVATIONS IN STRUCTURING JOINT VENTURES

  • Discuss Innovative Ideas for Real Estate Joint Venture Issues 
  • What is the Current “Feel” in the Real Estate Joint Venture Market?
  • What are some Recent Trends in Real Estate Joint Venture Risk Allocation?
  • Connecting Sponsors and Capital 

Thomas Maira

Partner

DLA Piper

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Michael Haworth

Partner

DLA Piper

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ROUNDTABLE ROUND TWO

3:00pm - 4:00pm ROUNDTABLE 1: RESIDENTIAL SECTOR - WHERE ARE THE OPPORTUNITIES

  • What does demand look like for multifamily and single family, both in terms of renting and owning?
  • How will rising interest rates and inflation affect the residential sector?
  • Affordable housing: strategies for meeting the demand
  • Investment opportunities in niche sectors: student housing, senior housing, manufactured housing, workforce housing
  • Assessing the risk of rent controls
  • Will there be distress in the residential sector? If so, where?

Ryan LaRue

Director, Innovation and Portfolio Strategy

Barings Real Estate

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Augustus Moy

Principal & Managing Partner

Atlas Pearl Investments

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ROUNDTABLES ROUND TWO

3:00pm - 4:00pm ROUNDTABLE 2: INDUSTRIAL / LOGISTICS SECTOR: WILL DEMAND CONTINUE TO GROW?

  • Which building types and markets are of most interest to investors? 
  • What are the factors that will have the greatest impact on demand? 
  • How will supply chain challenges affect the sector?
  • What will be the impact of onshoring and nearshoring trends on the sector?
  • Investment opportunities in niche sectors: industrial outdoor storage, light industrial, shallow bay, multi-tenant, cold storage, multistory industrial
  • Is there liquidity from debt and equity perspectives for older facilities with smaller tenants?
  • Will there be distress in the industrial sector? If so, where?

Peter Wang

Managing Director of Portfolio Management

Elion

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John Randall

Partner

PCCP, LLC

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ROUNDTABLES ROUND TWO

3:00pm - 4:00pm ROUNDTABLE 3: FINDING VALUE IN NICHE REAL ESTATE SECTORS

  • Self storage, data centers, marinas, new hospitality concepts such as glamorous camping, recreational vehicle and boat storage, energy storage: what are the headwinds and tailwinds that will affect demand in these sectors?
  • What are the challenges and opportunities in life sciences? Is the life sciences market overheated? Which geographical areas are likely to see more development?
  • How will falling subscriptions for streaming services such as Netflix affect demand for film studios?

Dino Christoforakis

Founder & Managing Principal

Vential Investments

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4:00 pm - CHAIRPERSON’S CLOSING REMARKS, NETWORKING RECEPTION & ONE-TO-ONE NETWORKING SESSION WITH SPEAKERS

Attendees will have the opportunity to have concise and focused one-to-one meetings with speakers. This part of the program is a unique and focused way for attendees to establish new contacts and generate fresh business opportunities.



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