Surging Investment – Heightened Innovation:

What’s your next move?

  • DLA Piper Global Real Estate Summit
  • May 3, 2016
  • Chicago

About

On May 3, our roster of distinguished speakers shared insights and analysis on the latest trends and forecasts, as well as what it takes to achieve continued success in the ever-changing high-stakes world of commercial real estate.

STATE OF THE MARKET SURVEY
After seven years of a strong bull market, some commercial real estate executives are beginning to grow more cautious about what lies ahead, according to DLA Piper's 2016 State of the Market Survey.

REGISTRATION LIST

Speaker bio

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Sam Zell

Sam Zell

Chairman

Equity Group Investments

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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, health care and real estate. Mr. Zell is recognized as a founding father of today's public real estate industry after creating three of the largest 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. Mr. 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.

7:15 a.m. – 5:00 p.m.
Summit Registration
7:15 a.m. – 8:00 a.m.
Continental Breakfast
8:00 a.m. – 9:15 a.m.
What the Future Holds: Insights from a CRE Trailblazer
Keynote featuring Stephen Ross
Interviewed by Michelle Felman

From affordable housing to high-end luxury mixed use projects designed by world-class architects – including the Time Warner Center and Hudson Yards – Related Companies Chairman and Founder Stephen Ross has been at the forefront of real estate evolution and innovation for more than four decades.  Amid a constantly changing industry, he has been a relentless source of creativity and ingenuity – in finance, product development, operations and marketing.  His experience gives him a unique perspective on what lies ahead for our industry, and our skylines.

Keynote
Stephen M. Ross

Stephen M. Ross

Chairman and Founder

Related Companies

Michelle Felman

Michelle Felman

Founder

JAM Holdings

9:15 a.m. - 10:30 a.m.
Millennials and the Next Generation of Commercial Real Estate
Moderator: Randall K. Rowe
Debra A. Cafaro, Frank Cohen, Roy H. March and Owen D. Thomas

Amid the usual uncertainty clouding commercial real estate’s outlook, one thing is certain: Millennials will shape the next generation of commercial real estate, prompting executives to buy, renovate, and develop properties with the Millennials in mind. What are the key behaviors, beliefs and values of this important demographic? Our panel of industry leaders will discuss the best ways to evolve and drive companies to adapt to the Millennial mindset.

Moderator
Randall K. Rowe

Randall K. Rowe

Chairman

Green Courte Partners

Speakers
Debra A. Cafaro

Debra A. Cafaro

Chairman and CEO

Ventas, Inc.

Frank Cohen

Frank Cohen

Senior Managing Director

Blackstone Real Estate Advisors

Roy H. March

Roy H. March

CEO

Eastdil Secured

Owen D. Thomas

Owen D. Thomas

Chief Executive Officer

Boston Properties

10:45 a.m. – 12:00 p.m.
Interest Rates are on the Move − What Does the Future Hold?
Moderator: Ross L. Smotrich
Thomas M. Flexner, Catherine Marcus, Mark L. Myers and Sheridan "Schecky" Schechner

The era of record-low interest rates is over, but commercial real estate price appreciation appears unwavering. Is further cap-rate compression on the horizon? Will it change underwriting and the placement of debt capital? Our panel of leading bankers and capital providers will share insights on how to navigate the regulatory maze and balance risks and rewards.

Moderator
Ross L. Smotrich

Ross L. Smotrich

Managing Director

Barclays

Speakers
Thomas M. Flexner

Thomas M. Flexner

Global Head of Real Estate, Vice Chairman, Institutional Clients Group

Citigroup

Catherine Marcus

Catherine Marcus

Global COO

Prudential Real Estate Investors

Mark L. Myers

Mark L. Myers

Executive Vice President, Group Head,
Commercial Real Estate

Wells Fargo

Sheridan "Schecky" Schechner

Sheridan "Schecky" Schechner

Managing Director, Co-Head Americas Real Estate Banking

Barclays Capital

10:45 a.m. – 12:00 p.m.
The Sharing Economy: The Intersection Between Innovation and Space
Moderator: Jeffrey Shapack
Kyle Barker, Jodie W. McLean and Michael P.M. Spies

The “sharing economy” − covering everything from cars, tools and bikes to kitchens, homes and common space − has changed how the population lives, works and plays. The effect on commercial real estate is evident − setting off a wave of building designs incorporating shared office spaces and creative spaces, and retail spaces that incorporate innovation and entertainment. How can developers of real estate evolve in a rapidly changing world? Our panel of leading innovators will share insights on what role real estate plays for key innovators and disrupters in retail, office, transportation and housing.

Moderator
Jeffrey Shapack

Jeffrey Shapack

CEO

Shapack Partners

Speakers
Kyle Barker

Kyle Barker

Vice President of International Development

WeWork

Jodie W. McLean

Jodie W. McLean

CEO

EDENS

Michael P.M. Spies

Michael P.M. Spies

Senior Managing Director

Tishman Speyer

12:15 p.m. – 2:00 p.m.
2016 Game-Changer? How the US Presidential Election Could Impact Global Business
Moderator: Jeffrey D. DeBoer
Congresswoman Melissa Bean, Secretary William S. Cohen and Senator George J. Mitchell

Despite years of uncertainty, the global real estate markets continue unabated with cross-border transactions on the rise. Can the result of the 2016 US presidential election − which some observers believe could be the most significant in history − bring stability, or is volatility likely to continue? Our distinguished panelists, with experience within the highest levels of world governments, will share insights on the political landscape and the upcoming election.

Moderator
Jeffrey D. DeBoer

Jeffrey D. DeBoer

President and CEO

The Real Estate Roundtable

Speakers
Congresswoman Melissa Bean

Congresswoman Melissa Bean

Former US Congresswoman
Chairman of the Midwest

JPMorgan Chase & Co.

Secretary William S. Cohen

Secretary William S. Cohen

Former US Secretary of Defense
Chairman and CEO

The Cohen Group

Senator George J. Mitchell

Senator George J. Mitchell

Former US Senate Majority Leader
Chairman Emeritus

DLA Piper

2:15 p.m. - 3:30 p.m.
Deploying Capital in Overheated Markets While Meeting Investor Expectations
Moderator: Stephen R. Quazzo
Cia Buckley Marakovits, Christopher N. Merrill, Lee S. Neibart, Leonard J. O'Donnell and Ralph F. Rosenberg

With no shortage of capital chasing real estate deals and pricing at record levels, how do leading private equity funds deploy capital and meet investors’ expectations for returns? Are the markets overheated? How have investor expectations changed? Our panel of leaders from several of the most active real estate private equity funds will explain strategies and discuss the forces that are impacting today’s capital markets.

Moderator
Stephen R. Quazzo

Stephen R. Quazzo

CEO

Pearlmark Real Estate Partners

Speakers
Cia Buckley Marakovits

Cia Buckley Marakovits

Chief Investment Officer
Managing Director

Dune Real Estate Partners

Christopher N. Merrill

Christopher N. Merrill

President and CEO

Harrison Street Real Estate Capital

Lee S. Neibart

Lee S. Neibart

Chief Executive Officer

HBS Global Properties

Leonard J. O'Donnell

Leonard J. O'Donnell

President and CEO

USAA Real Estate Company

Ralph F. Rosenberg

Ralph F. Rosenberg

Member and Global Head of Real Estate

Kohlberg Kravis Roberts

2:15 p.m. - 3:30 p.m.
Can Global Investors Continue to Deploy Record Amounts of Capital?
Moderator: James A. Fetgatter
Peter Ballon, Martin J. Brühl, Nils Hübener, Tinchuck A. Ng and William R.C. Tresham

Foreign investment in US real estate continues at staggering levels, with billions of dollars flowing in from Australia, Canada, China, Europe, Korea, the Middle East and other regions. What are our panelists of major international investors planning for the second half of this decade and beyond? What challenges do they foresee in deploying foreign capital in both established markets and emerging economies?

Moderator
James A. Fetgatter

James A. Fetgatter

Chief Executive

AFIRE

Speakers
Peter Ballon

Peter Ballon

Managing Director
Head of Real Estate Investments–Americas

Canada Pension Plan Investment Board

Martin J. Brühl

Martin J. Brühl

Managing Director

Union Investment Real Estate GmbH

Nils Hübener

Nils Hübener

Chief Investment Officer

BNP Paribas Real Estate Investment Management

Tinchuck A. Ng

Tinchuck A. Ng

Founder and Managing Principal

Athena International Capital

William R.C. Tresham

William R.C. Tresham

President

Ivanhoé Cambridge

3:45 p.m. - 5:00 p.m.
The Convergence of Innovation, Volatility and High Prices – What is Your Next Move to Get a Deal Done?
Moderator: Collete English Dixon
Benjamin S. Butcher, Robert G. Gifford, Maureen Joyce and Alan Riffkin

With no shortage of capital, dealmakers still face challenges, including uncertain interest rates, cap-rate compression and fewer quality assets. Will volatility in public markets carry over to real estate? Our panel of accomplished dealmakers will outline how thinking outside the box and adapting to the rapidly changing environment is the best way to accomplish successful deal-making for investors and shareholders.

Speakers
Benjamin S. Butcher

Benjamin S. Butcher

CEO

STAG Industrial, Inc.

Robert G. Gifford

Robert G. Gifford

Director

Lehman Brothers Holdings Inc.

Maureen Joyce

Maureen Joyce

Director

AEW Capital Management

Alan Riffkin

Alan Riffkin

Managing Director

Lazard

3:45 p.m. - 5:00 p.m.
Assessing Risk in Cross-Border Deals
Moderator: Bruce R. Cohen
Jeffrey A. Barclay, Kenneth A. Himmel, Neil Jacob and Quintin E. Primo III

The convergence of global economies creates advantages for international investors. But the challenges of acquiring properties and developing complex mixed-use projects in foreign countries are not to be under-estimated. Our panel of experienced, North American-based investors will share insights on how they deploy capital in the US and around the world in a wide range of asset classes.

Moderator
Bruce R. Cohen

Bruce R. Cohen

CEO

Wrightwood Financial

Speakers
Jeffrey A. Barclay

Jeffrey A. Barclay

Managing Director

Goldman Sachs

Kenneth A. Himmel

Kenneth A. Himmel

President and CEO

Related Urban

Neil Jacob

Neil Jacob

Executive Vice President–US

Oxford Properties Group

Quintin E. Primo III

Quintin E. Primo III

Chairman and CEO

Capri Capital Partners

5:00 p.m. - 7:00 p.m.
Cocktails and conversation

What past delegates say

"The conference was among the most valuable and informative industry events that I have attended in a very long time and well worth making the trip from Korea."

2016 Summit Attendee