Events

2024 iREOC Annual Membership Meeting

2024 iREOC Annual Membership Meeting

November 20 - 22, 2024 | Omni Barton Creek | Austin, Texas


The 2024 iREOC Annual Membership Meeting is a "members only" event designed to provide a platform for candid discussions among real estate operating companies, institutional investors and their investment managers on forming and running more profitable and productive REOC partnership investments.

iREOC delivers a quality agenda that is marketing-free. IREI does not permit any side meetings, at any time during our scheduled program.  Additionally, the attendee list shall not be utilized for marketing purposes, of any type, nor should it be used for distribution.  These are both a violation of IRE's events policy and we reserve the right to rescind any future attendance. We trust you understand that these (and our related event policies) have always been designed to ensure we can create the kind of unique, special experience for all attendees we’ve always been known for.

iREOC is an exclusive membership organization.  Membership Categories can be found here: https://irei.com/ireoc/our-members/

Registration:

Investment Managers, Real Estate Operating Companies and other Industry Service Providers: $4,895 (first attendee), $3,495 (2nd attendee from the same firm)

Qualified Investors: Complimentary

To learn more about iREOC, please view our  Membership Brochure.

To discuss how you can become a member and part of this meeting, contact David "Mac" McWhorter at d.mcwhorter@irei.com or +1 970-300-8024 or Chase McWhorter at c.mcwhorter@irei.com or +1 949-903-2128.

iREOC Testimonials

Russell Dixon, President & CEO, Managing Principal, RedHill Realty Investors

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"iREOC’s inaugural gathering in May, established the primary bridge between real estate operators and the institutional investor community. That bridge enabled a dialog of understanding to commence—improving the quality and nature of this most important working partnership.

Mitch Pleis, Investment Officer, California State Teachers' Retirement System

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“The iREOC inaugural annual meeting was a great event for institutional investors who are engaged in directly investing in REOC partnerships or indirectly through their investment managers. It provided an open venue for leaders from across the industry to connect and candidly exchanges ideas.”

Scott Stuckman, Head of Global Investments, Affinius Capital

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REOC partnerships have been a key component of most investor portfolios since the beginning of the institutional real estate investment industry, particularly in value-add and opportunistic strategies, but there’s never been an industry organization dedicated exclusively to advancing this dynamic segment of the market. iREOC is filling that void and the inaugural membership meeting in Park City set an exceptional standard for future events.

Michael Levy, CEO, Crow Holdings

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Data, analytics and information management are increasingly critical business considerations throughout our industry. iREOC is providing an opportunity for institutional investors, their investment managers and operating partners to engage in meaningful discussions around systems and technology implementation. This will be core to our future success together.

Anthony Frammartino, Principal, The Townsend Group

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The iREOC forum provided an open environment for idea exchange and the opportunity to meet with compelling operating partners.

  • Agenda
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Draft agenda: Subject to change

Wednesday, November 20, 2024
3:00 pm Registration check-in
4:00 pm Welcome & Introductions
Moderator(s):

David “Mac” McWhorter

Managing Director, Institute for Real Estate Operating Companies (iREOC) a division of Institutional Real Estate, Inc.

Geoffrey Dohrmann

Chairman and CEO, Institutional Real Estate, Inc.

5:30 pm Investor/Capital Partner Fireside Chat
  • Interactive panel discussion and forum with audience designed to provide you with a better understanding of panel members’ overall program and how real estate fits into it.
  • Hear what strategies and vehicles these investors and capital providers prefer, and why. Discover how and why they invest in REOC partnerships and what investment models they prefer.
6:30 pm Networking Cocktail Reception & Buffet Dinner
8:00 pm Adjourn
Thursday, November 21, 2024
7:00 am Networking Breakfast
8:30 am Welcome & Overview
Moderator(s):

David “Mac” McWhorter

Managing Director, Institute for Real Estate Operating Companies (iREOC) a division of Institutional Real Estate, Inc.

Geoffrey Dohrmann

Chairman and CEO, Institutional Real Estate, Inc.

9:00 am Evolution of REOC Partnership Model Through Cycles
  • How have fees, terms and structures changed? (Will cover deal JVs, programmatic JVs, REOC-sponsored funds and OpCo-level investments.)
  • What were some of the key REOC partnership stress points among investors, investment managers and operators and for the group as a whole in each cycle?
  • What were some of the main lessons learned from each cycle?
9:45am Evolution of REOC Partnership Market: Roundtable Discussions & Group Leader Reports

Roundtables pick one of three discussion topics with three related discussion questions, which is followed by open forum table reports.

10:30 am Break
11:00 am GP-led Secondaries & Recapitalizations in REOC Partnership Marketplace
  • How do you define secondaries today?
  • What is different about today’s secondary market from 10 years ago?
  • A look at different approaches and strategies using secondaries and a look at strengths and trade-offs of each
  • Today’s market: What is trading and why?
  • What are trends related to pricing, liquidity, and terms?
11:45 am Going Direct: Costs, Challenges & Alternatives
  • Direct vs. indirect: Reviewing benefits and trade-offs of models
  • REOCs moving from offering non-discretionary deal or programmatic JV structures to launching a discretionary REOC-sponsored fund
  • What are the real costs of direct investing in REOC partnerships?
  • What are the challenges of direct investing in REOC partnerships?
  • How and why can allocators and oversight mangers investing in REOC partnerships create value for investors?
12:30 pm Lunch
2:00 pm Entity-Level vs. Programmatic Investing
  • Review entity-level investing models (whole ownership vs. partial ownership).
  • Review specified deal model vs. programmatic investment model.
  • Discuss the trade-offs of entity-level investing vs. programmatic program.
  • Review investment manager partial ownership model as a strategy for operators accessing fund capital.
  • How do you evaluate which approach might be the best fit for your organization?
2:45 pm Entity-Level vs. Programmatic Investing: Roundtable Discussions & Group Leader Reports

Roundtables pick one of three discussion topics with three related discussion questions, which is followed by open forum table reports.

3:30 pm Break
4:00 pm U.S. Capital Flow Trends into U.S. Real Estate & REOC Partnerships
  • Where is capital flowing now, and why?
  • What types of partnership deals are getting done now, and why are those working and others are not?
  • Where is REOC capital headed in the next 12 to 24 months, and why?
4:45 pm Advisory Board Wrap-up Summary & Closing Remarks
Moderator(s):

David “Mac” McWhorter

Managing Director, Institute for Real Estate Operating Companies (iREOC) a division of Institutional Real Estate, Inc.

Geoffrey Dohrmann

Chairman and CEO, Institutional Real Estate, Inc.

Speaker(s) and Panelist(s):

Elizabeth Bell

Principal, Real Assets, Hamilton Lane

Roman Braslavsky

Partner, Head of Real Estate, Pantheon Ventures

Amy Curry

Partner, Chief Strategy Officer, Dermody Properties

Craig Rochette

Director, Real Estate Investments, Teacher Retirement System of Texas

5:15 pm Adjourn
6:00 pm Cocktail Reception
7:00 pm Gala Dinner
8:30 pm Adjourn
Friday, November 22, 2024
7:30 am Networking breakfast
9:00 am Adjourn & golfers get ready
10:00 am Optional Golf
  • Board/Speakers
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Co-Chairs:

David “Mac” McWhorter
Managing Director, Institute for Real Estate Operating Companies (iREOC) a division of Institutional Real Estate, Inc.

Geoffrey Dohrmann
Chairman and CEO
Institutional Real Estate, Inc.

Advisory Board:

Elizabeth Bell
Principal, Real Assets
Hamilton Lane

Roman Braslavsky
Partner, Head of Real Estate
Pantheon Ventures

Amy Curry
Partner, Chief Strategy Officer
Dermody Properties

Craig Rochette
Director, Real Estate Investments
Teacher Retirement System of Texas

  • Hotel & Venue
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Omni Barton Creek

8212 Barton Club Drive

Austin, Texas

  • Attendees
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You can view our current membership directory to see which companies are invited to attend this event.

  • Contact
  •  

Registration
Jody (Barhanovich) Johns
Event Coordinator/Registrar
j.barhanovich@irei.com or +1 925-244-0500 ext. 190

Logistics
Lucero Jaramillo
Conference Director
l.jaramillo@irei.com or +1 925-244-0500 ext. 130

Sponsorship Opportunities
Randy Schein

Conference Sales Manager
r.schein@irei.com or +1 212-706-7023

Speaking Opportunities
John Hunt

Conference Program Manager
j.hunt@irei.com or +1 925-244-0500 ext. 137

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