Wednesday, November 20, 2024 |
3:00 pm |
Registration check-in
|
4:00 pm |
Welcome & Introductions
Moderator(s):
David “Mac” McWhorter
Managing Director, iREOC & Capital Markets Consulting, 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.
Moderator(s):
Elizabeth Bell
Co-head of Real Estate, Hamilton Lane
Speaker(s) and Panelist(s):
Joyce Chow
Director, Real Estate Platforms, GI Partners
Coburn Packard
Partner & Head of Real Estate, BDT & MSD Partners
Eric Plesman
Head of Global Real Estate, Healthcare of Ontario Pension Plan (HOOPP)
Sally Stocks
Senior Portfolio Manager, California State Teachers’ Retirement System
|
6:30 pm |
Networking Cocktail Reception & Buffet Dinner
|
8:00 pm |
Adjourn
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Thursday, November 21, 2024 |
7:30 am |
Networking Breakfast
|
8:30 am |
Welcome & Overview
Moderator(s):
David “Mac” McWhorter
Managing Director, iREOC & Capital Markets Consulting, 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?
Moderator(s):
Craig Rochette
Director, Real Estate Investments, Teacher Retirement System of Texas
Speaker(s) and Panelist(s):
Chris Green
Founder & CEO, Greenpoint
Mo Saraiya
Managing Director, Platform Investments, Madison International Realty
John Schaefer
Partner, Townsend Group
|
9:45am |
Evolution of REOC Partnership Market: Roundtable Discussions & Group Table 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
- What are risk management advantages and challenges to consider for each of the strategies?
- Today’s market: What is trading and why?
- What are trends related to pricing, liquidity, and terms?
Moderator(s):
Roman Braslavsky
Partner, Head of Real Estate, Pantheon
Speaker(s) and Panelist(s):
Alex Abrams
Partner, Stepstone Real Estate
James Sunday
Partner, Co-Head of Real Estate Secondaries, Ares Management LLC
Michael Yang
Senior Managing Director, Head of Secondaries and Liquidity Solutions, CBRE Investment Banking
|
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 managers investing in REOC partnerships create value for investors?
Moderator(s):
Amy Curry
Partner, Chief Strategy Officer, Dermody Properties
Speaker(s) and Panelist(s):
Andrew Janko
Managing Director, RFA, RCLCO Fund Advisors
Brian Planey
Portfolio Manager – Real Estate, State of Wisconsin Investment Board
Gina Spiegel
Senior Managing Director, Co-Head of Partners Solutions Group, Crow Holdings
|
12:30 pm |
Lunch
|
2:00 pm |
What is driving the shift and growth of entity-level investing?
During this session, we will explore the following topics:
- A look at alternative REOC investing strategies and where entity level fits
- Examine common misconceptions and assumptions around entity-level strategy
- Put overall challenges into context with insights on how to manage them
- Wrapping up: Defining short- and long-term benefits of this approach
Moderator(s):
Heather Fernstrom Border
Co-Founder & Managing Partner, Alliance Global Advisors
Speaker(s) and Panelist(s):
Kenny Moon
Co-Founder & Partner, Sagebrook Capital Partners
Pratik Patel
Managing Director, Wafra
Andrew Silberstein
Managing Director, Head of Private Markets - Almanac Realty Investors, NB Alternatives Advisers LLC
Prashant Tewari
Partner, Townsend Group
|
2:45 pm |
Entity-level investing: Roundtable Discussions & Group Table 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?
Moderator(s):
Geoffrey Dohrmann
Chairman and CEO, Institutional Real Estate, Inc.
Speaker(s) and Panelist(s):
Mike Joseph, CFA
Senior Managing Director, Co-Head Equity Placement, Jones Lang LaSalle Securities, LLC
Dr. Will McIntosh
Global Head of Research, Affinius Capital
Drew Murphy
Partner, Berkshire Global Advisors
|
4:45 pm |
Advisory Board Wrap-up Summary & Closing Remarks
Moderator(s):
David “Mac” McWhorter
Managing Director, iREOC & Capital Markets Consulting, Institutional Real Estate, Inc.
Geoffrey Dohrmann
Chairman and CEO, Institutional Real Estate, Inc.
Speaker(s) and Panelist(s):
Elizabeth Bell
Co-head of Real Estate, Hamilton Lane
Roman Braslavsky
Partner, Head of Real Estate, Pantheon
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
|