Need Description
Senior Director Facilities, Construction and Design
St. Peter's Health Partners
Assistant Vice President, Capital Project Management
Columbia University Irving Medical Center
VP and Project Exec
Lendlease
Vice President, Real Estate Division
Mount Sinai
SPEAKERS
Associate Vice President of Design and Construction
Montefiore Health System
President & CEO
AMA Group
Senior Executive Director, K&L Group
MG Engineering
Senior Director of Real Estate
Children's Hospital of Philadelphia
Senior Vice President, Construction and Support Services
Hospital for Special Surgery
Director of Construction, Mount Sinai St. Lukes, Planning Design & Construction
Mount Sinai
Senior Project Manager, Facilities Design & Construction
New York Presbyterian Hospital
Partner and Chair of Healthcare and Pharmacy Law Practice
Tarter Krinsky & Drogin
Director of Business Development
LF Driscoll
Principal and Senior Vice President
Loring Consulting Engineers, Inc.
Managing Partner
AKF Group
Group Senior Vice President
New York Presbyterian
Executive Director, Design + Construction
Memorial Sloan Kettering
SVP Real Estate & Facilities
Jefferson Health
CEO
Falkbuilt Ltd.
Vice President of Healthcare & Life Sciences
JRM Construction Management
Partner and Chair of Construction Group
Tarter Krinsky & Drogin
Director, Information Technology
Jaros, Baum & Bolles
Associate Principal, Health, New York
Perkins & Will
Managing Principal
TMT Technology
Construction Executive
Turner Construction Company
SPEAKERS
EMILY HEPPEN
Senior Director of Leasing
Finmarc Management INC.
MIKE POLACHEK
EVP& Managing Partner,
SRS Real Estate Partners
Tuesday, November 28, 2023 | 9:30 AM - 6:00 PM ET
22 Vanderbilt
335 Madison Ave, New York, NY 10017
3-4 sentence description here
The State of Multifamily:
The Sector Suites After a Wild Year of Rising Rates & Minimal Vacancies
Commercial Observer’s full-day Capital Markets & Opportunistic Strategies Forum on November 28 in New York City brings together leading investors, lenders, owners and advisors to dive into the key investment opportunities in the market today.
For years, hundreds of billions of dollars of dry powder has been sitting on the sidelines waiting for this precise moment to invest in the commercial real estate market. With roughly $360 billion of that capital being targeted for value-add or opportunistic strategies, the window for investment is now open. This forum will feature success stories from investors, owners and lenders discussing how to invest through cycles, how to prepare for the end of this cycle, what key opportunity types they are seeing today and how to overcome the challenges and headwinds in the current landscape.
● Borrowers & Owners ● Institutional Investors ● Portfolio & Investment Managers ● Lenders ● Developers ● Domestic & Foreign Investors ● Family Offices & High Net-Worth Individuals ● Brokers ● Attorneys ● Rating Agencies ● Insurance Companies
10:30 AM: How are Investors Finding Key Opportunities in an Uncertain Market?
High inflation, rising interest rates, economic uncertainty and debt market volatility are all
impacting the commercial real estate sector, but opportunistic investors can capitalize on the
opportunistic wave. What are the intricacies of distressed investing in a high interest rate
environment? Which market sectors have the most distress? This panel will explore loan sales,
discounted trades, rescue capital, joint venture equity and everything in between. What are the
unique opportunities that investors can seize today, and how long will this moment last?
12:00 PM: Networking Luncheon
1:00 PM : Retail REITs: Is Retail Poised to Soar in 2024?
REITs are consistently one of the most misunderstood investment options, but offer incredible opportunities for savvy investors. Inflation, rising interest rates and recession fears have not been kind to the retail REIT market this year, but a visit to a local mall shows that consumers are willing to spend. What opportunities can investors look for heading into 2024? Changes in retail space utilization, market dislocation, strong occupancy and tenant retention, rent growth and increased demand are all trends in favor of offering opportunities for growth in the retail REIT space.
For more information on how to participate please contact advertising@commercialobserver.com
1:45PM: Effectively Timing the Market to Create More Value in Your Portfolio
Success comes down to timing, especially when trying to figure out the vagaries of opportunistic
investing. This panel will discuss how experienced investors determine key strategies for maximizing this rare market opportunity, and what past cycles have taught us is key to success. Hear from investors who have raised opportunistic funds including high yield debt funds to seize the current moment. Also, hear from the lenders who are expecting 2024 and 2025 to be the best loan vintage of their careers, and why. Also, panelists will discuss asset class-specific strategies during recessionary periods and prolonged volatility.
11:15 AM: Demystifying Distressed Investing Strategies
Experienced investors have determined what key strategies they need to be aware of to maximize this rare market opportunity. What have past cycles taught us, and what is different with this cycle vs. prior stressed/distressed cycles? What should investors know about investing in assets vs. debt? Is it safe to invest in negative leverage distressed? What kind of innovative terms and structures are worth considering? What kind of IRR can investors expect?
3:45 PM: Making Smart Portfolio Decisions Around CRE Asset Classes
Current economic and investment related factors are impacting each CRE asset class differently, and understanding how these factors affect each asset class is imperative to driving investor decisions. What is driving investor demand around multifamily and industrial? Is there a light at the end of the tunnel for the office sector? How is the retail market staying competitive in the current landscape? What are we seeing with rent growth in specific asset classes? What opportunities in hospitality exist as hotels are benefiting from pent up demand for travel? Portfolio diversification strategies to offset lower return assets (multifamily and industrial) with higher return assets (retail and office). This panel will explore what investors need to know when making portfolio decisions around the various asset classes.
9:30 AM: Networking & Registration
9:55 AM: Opening Remarks
10:00 AM: Keynote Interview: Capital Markets & State of the Economy
2:30 PM: Networking Break
3:00 PM: Getting Back in the Game: Shifting from Capital Preservation to Deployment
For the past twelve to eighteen months, many capital providers have been sitting on the sidelines in capital preservation mode, but it’s time to move from defense to offense. As they resume investment, what will they be focused on? What alternative investments are taking the place of office? What will be driving their decisions? What does value-add mean today? What return thresholds can be expected?
4:30 PM: Cocktail Reception & Closing Keynote: Capital Markets: Where Are We Now, and Where Are We Going Over the Next 24 Months?
Senior Managing Director, Head of New York Private Capital Group
JLL Capital Markets
MODERATOR
Founding Director & Professor, C.H. Chen Institute for Global Real Estate Finance
NYU Stern School of Business
MODERATOR
Executive Vice President, Chief Operating Officer & Chief Financial Officer
Empire State Realty Trust
Developed by Milstein Properties and situated in the heart of Midtown Manhattan, 22 Vanderbilt features 1.1 million square feet of hospitality, amenity, and cutting-edge Class A office space across 29 stories with direct in-building lobby access to Grand Central Terminal. 22 Vanderbilt delivers an incomparable workplace experience that helps tenants attract top talent, offering unparalleled transit access and convenience, an in-house hospitality team, and amenities only found in top-tier resorts. Nearing the completion of a comprehensive repositioning, 22 Vanderbilt has secured its place among the most sought-after office buildings in New York City.