Join Jeff Adler, Vice President, Matrix Yardi Systems, Inc., as he welcomes you to the 2021 Global Leaders in Real Estate Summit. Jeff will discuss the importance of finding an informed Real Estate point-of-view to guide you in your investment decisions, post-COVID. Touching on some of the major panel topics; Jeff will visit the dramatic shift for rental housing, the subsequent changes it has had on market selection and asset classes, and use real-time data points to illustrate what's on tap for 2022 and beyond.

• A look at the real estate cycles; financing, values, yields
• How will tighter monetary policy impact the market?
• Impact of the Biden administration on sectors and regions
• To what extent does real estate activity lag the wider economy? Time frames for distress to penetrate the real estate market

2021 has seen a storm of buying forces, with pent up demand being unleashed as investors are put under pressure to deploy capital at favourable funding rates. This tsunami of capital is creating fierce competition for quality assets, and demand is spilling over to tertiary assets and geographies. The world’s largest real estate investors, across debt and equity, will share unique insights on how they will invest through the next cycle.

• How are investors evaluating the relative value of real estate against other real and alternative assets?
• Portfolio construction across the next cycle; allocations across assets, geographies, and strategies
• Identify the highest risk adjusted returns within real estate
• How will investors react to increased competition for assets?
• What role will distressed investing play in generating alpha?
• The role of alternative assets; what in house expertise is needed?

• After December 31, 2021, bank regulators will not permit new LIBOR-based loans
• SOFR is the new recommended benchmark, and some banks are now offering SOFR loans
• Other benchmarks, including BSBY and Ameribor, are also offered by some banks
• Learn about SOFR and other benchmarks and pick up some negotiating tips 

The pandemic has accelerated megatrends, from the explosion of e-commerce to the rise of telehealth solutions. With parts of the retail and office markets facing structural headwinds, investors are increasingly turning to non-traditional sectors as sources of resilient, income-driven performance, but how should investors approach these alternative assets?

• How to achieve scale with niche assets
• Identifying a robust sponsor or partner
• What returns are on offer in this space?
• Timing and execution
• Digital assets: will these structural trends continue?
• Survey of digital assets; data centres, 5g and cell towers
• What is the risk return profile of these assets?
• What sites are suitable?
• Understand the pitfalls; power requirements and connectivity
• Last mile industrial logistics; meeting the boom in e-commerce and building robust supply chains
• Will ecommerce demand weaken as retail centres open?
• How do you configure buildings to meet demand?
• Life sciences; identifying the right opportunity and mitigating risks
• Repositioning space for healthcare
• Challenges: integration of physical real estate and design
• What buildings are suitable? What constitutes a tenancy?

The crisis has triggered structural and behavioural trends, impacting the way we think about work value space. Will these demographic trends be temporary, or will there be a permanent paradigm shift for cities and spaces?

• How will businesses and investors manage the reduced demand for office space?
• What does the future hold for gateway cities?
• Data demographics: where and how will people live, and how will this impact values in urban centres?
• Understand how the megatrends of demographics, technology, and sustainability, will drive demand for real estate globally
• Identify resilient cities and buildings that can adapt and thrive to these structural changes

Investors are increasingly looking to distressed debt and credit opportunities that offer relatively stable cash flows in a low yielding environment. Paradoxically, the window of distress was unexpectedly small during the crisis, so will distress opportunities emerge, and how will investors manage the next credit cycle?

• Will distressed debt opportunities emerge as the real estate market lags behind the wider economy?
• Outlook for the retail and hospitality sectors
• Will there be increased stress in the market once government support schemes wind down?
• An analysis of covenants and underwing standards, what the risks should borrowers and investors should monitor
• The economics of investing; how will spreads on assets and liabilities evolve?
• Performance of different tranches during the crisis
• What opportunities exist for distressed acquisitions?