Barry Altshuler
EVP – Investments
Equity Residential

Tom Bannon
Chief Executive Officer
California Apartment Association

Ash Baraghoush
Managing Director – Investments
Hanover Real Estate Investors

Marshall Boyd
Chief Executive Officer
Interstate Equities

Kevin Kaberna
Sr. Managing Director Investment
Greystar

Paul Kaseburg
CIO
MG Properties Group

Paul Keller
Chairman
Mack Real Estate Development

Jim Lapides
Vice President
National Multifamily Housing Council

John Millham
President
Prometheus Real Estate Group

Chad Sanderson
Senior Principal
Bascom Group

Neil Shekhter
Chief Executive Officer
NMS Properties

Ryan Somers
President & CEO
Benedict Canyon Equities

Keith Wasserman
Partner
Gelt

Mike D’Onofrio
Managing Director
Engineered Tax Services

Jim Markel
VP & Regional Manager, Encino
Marcus & Millichap

Alexa Mizrahi
Director
Lone Oak Fund

Scé Pike
CEO & Co-Founder
IOTAS

Mike Rovner
CEO
Mike Rovner Construction

John S. Sebree
SVP – Multifamily Division
Marcus & Millichap

Tony Solomon
SVP & National Director
Marcus & Millichap
Capital Corporation

Samantha Williams
Event Director
sam@greenpearlevents.com

Multifamily State of Market: National vs. Southern California

Marcus & Millichap’s Senior Vice President – Multifamily Division, John S. Sebree, will present the current state of the market, comparing and contrasting trends across Southern California with key comparable apartment markets across the country. Learn how supply and demand for apartments interplay for key cities across Southern California and the West Coast, as well as key indicators of how the pandemic is shaping demand, rents and delivery of new units.

Presented by:

• John S. Sebree, Senior Vice President – Multifamily Division, Marcus & Millichap

Group Networking Session: Economic, Demographic & Development Trends

Join this special networking session to discuss and debate key industry trends. Anticipated topics include: Future Demand: Suburban vs Urban, Distressed Investing Outlook, Economic & Demographic Changes.

Hero or Zero? The Future of Apartment Development & Investment Across Southern California

We are in unprecedented times. The state of the market 12 months ago seems like a bygone era. Just a short while ago, the biggest concern was rent control. That seems like a million years ago now. In 2020, we are faced with a global pandemic, social unrest and massive unemployment. And what’s more, California’s plans to reopen have been stymied for the time being. Developers are itching to get their pipelines restarted, while investors sit on the sidelines with piles of cash waiting to see how things will play out. How are these factors impacting the apartment industry across Southern California?

• How have rental rates, rent payments and occupancy held up since March?
• How is unemployment affecting the outlook for the apartment industry across SoCal?
• Which cities across the region are suddenly more attractive in light of the pandemic?
• Where is development restarting and what can we expect in light of reopenings?
• How has the current situation affected construction costs, availability and timelines?
• In what ways has the pandemic created new opportunities for distressed deals and projects?

Moderator:

• Jim Markel, VP & Regional Manager – Encino, Marcus & Millichap

Panelists:

• Kevin Kaberna, Executive Director – Investment, Greystar
• Paul Keller, Chairman, Mack Development
• Chad Sanderson, Senior Principal, Bascom Group
• Neil Shekhter, CEO, NMS Properties

Group Networking Session: Apartment Development & Investment

Join this special networking session to discuss and debate issues raised in the Apartment Development & Investment panel. Anticipated topics include: Acquisitions & Equity Investment Headaches, Development & Construction Challenges, Construction Costs, Labor & Materials, among others.

Rent Control? Ah, Yes, Those Were the Good Ol’ Days: A Regulatory Update

Remember 2019 and how the legislature somehow got rent control passed despite it being shot down by the voters of California? Remember what a terrible time that seemed? Welcome to the dystopian future where public health crises, eviction moratoriums and rent strikes are the new normal. Join this special session to hear the latest on the regulatory environment in a mid-pandemic world and how this will likely play out once the public health crisis has passed. What are the governor, the state legislatures, and the local mayors and councils doing, and how will it affect your multifamily business? Specifically, what is on the ballot for this fall? Prop 10 2.0?

• Understand what current regulations are in force and how they affect multifamily
• Learn the status of the court system and how this will impact landlord-tenant cases
• Get the latest on rent default strategies and how to handle disputes
• Hear how rent control plays into the current situation and how/where it will go into effect
• Receive analysis on how the regulatory environment impacts valuations
• Hear what top apartment property owners are doing and planning
• Engage in a special Q&A with panelists to get answers to your questions

Moderator:

• John S. Sebree, Senior Vice President – Multifamily Division, Marcus & Millichap

Panelists:

• Barry Altshuler, EVP – Investments, Equity Residential
• Tom Bannon, CEO, California Apartment Association
• Jim Lapides, VP, National Multifamily Housing Council
• John Millham, President, Prometheus Real Estate Group

Group Networking Session: Impact of Multifamily Regulations

Join this special networking session to discuss and debate issues raised in the Multifamily Regulatory Update panel. Anticipated topics include: Rental Rates, Payments & Vacancy Problems, Eviction Moratoriums, Rent Strikes, Rent Cancellation, November 2020 Ballot Initiatives, among others.

Elections, Viruses & Protests, Oh My!: Multifamily Investment, Finance Velocity & Deal Flow in a Topsy-Turvy World

In the spring, the pandemic had derailed most deals, with only the most motivated of sellers proceeding to close. Meanwhile, equity sources largely pulled back waiting to see how the pandemic, unemployment and reopenings will affect rent payments, rent levels and occupancy rates, among other key metrics. Now that we’ve seen that rent collections are much better than feared, buyers are re-entering the market, driving new deals forward, some at discounts and some at or above pre-COVID prices. Lenders as well are starting to re-engage at acceptable LTVs. What’s next for multifamily capital markets, and will there be special opportunities created by the pandemic? Join this special online panel to learn more about the state of capital markets, both debt and equity for multifamily deals across Southern California.

• How have deal terms and underwriting changed due to the pandemic?
• How are banks and other lenders adjusting their LTVs and covenants?
• Which equity investors are actively investing in deals right now?
• Which types of deals have fallen out of favor and which are on the rise?
• What unique opportunities has the current situation created for equity investors?

Moderator:

• Tony Solomon, SVP & National Director, Marcus & Millichap Capital Corporation

Panelists:

• Ash Baraghoush, Managing Director – Investments, Hanover Real Estate Investors
• Alexa Mizrahi, Director, Lone Oak Fund
• Keith Wasserman, Partner, Gelt

Group Networking Session: Multifamily Debt & Equity Sourcing

Join this special networking session to discuss and debate issues raised in the Multifamily Finance panel. Anticipated topics include: Deal Syndication & Equity Fundraising, Fund Formation, Refinancing & Borrowing Challenges, Mortgage Forbearance, among others.

Keynote: Bob Hart, President & CEO, TruAmerica Multifamily

Interviewed by:

• John S. Sebree, Senior Vice President – Multifamily Division, Marcus & Millichap

VIP Networking Session: Invitation Required

Reserved for select multifamily principal attendees, speakers and conference sponsors, this special VIP reception allows industry leaders to connect directly.

New Exclusive Investment Opportunities Showcase

Join us for a 1-hour New Exclusive Listings presentation. Our team of Southern California Regional Managers will guide you through our inventory across the United States and Canada with a focus on Multifamily properties. These listings have been brought to market in the last 30 days and include new price reductions! A digital booklet containing these listings will be available to attendees.

Group Networking Session: Property Management / Multifamily Operations

Join this special networking session to discuss and debate issues raised in the Multifamily Property Management panel. Anticipated topics include: Reopening Plans & Amenity Usage, Staff & Resident Safety Amid COVID, Touchless Technology & Remote Management, among others.

Private Roundtable for Multifamily Development Leaders

This 90-minute online session is exclusive to multifamily development leaders.

This is an invite-only session. Contact Samantha Williams at sam@greenpearlevents.com. If you are interested in participating.

The New Normal: Updated Strategies to Rethink the Rehab Game

Class C properties have been hit hardest by unemployment and non-payment of rent, while Class A properties have thus far been unscathed, although a prolonged period of economic depression could change that. The typical Value-Add strategy involves buying up B and C properties and upgrading them, if not to Class A, at least to a higher quality product that attracts higher paying tenants. How has the pandemic changed all that, and what is the outlook for the value-add rehab model?

• How are the buyers finding and funding new deals in the SoCal today?
• In what ways has the risk profile of acquiring older properties changed?
• How has the pandemic affected value-add construction projects?
• Will we see a wave of distressed selling and, if so, how big will it be?
• How has the crisis changed the rehab business plan? Are social amenities now less valued?
• Which technologies suddenly make a lot more sense to incorporate into refurbished properties?

Moderator:

• Mike Rovner, CEO, Mike Rovner Construction

Panelists:

• Marshall Boyd, Chief Executive Officer, Interstate Equities
• Paul Kaseburg, CIO, MG Properties Group
• Ryan Somers, President & CEO, Benedict Canyon Equities

Group Networking Session: Value Add Investing & Renovation Strategies

Join this special networking session to discuss and debate issues raised in the Multifamily Value Add panel. Anticipated topics include: Value-Add Business Plan Changes, Changes to Amenities in Light of COVID, Rehabbing Units During the Pandemic, among others.

Get More Now: New Tax Credit & Incremental Ancillary Income Opportunities Workshop

• Get the “Masterclass Playbook” on implementing enhanced Stimulus Plan offerings now
• Learn how to maximize bonus depreciation, NOL carryback, immediate refunds and cash flow generators
• Discover how you can monetize your apartment property rooftops with the 5G cell site installations

Presented by:

• Mike D’Onofrio, Managing Director, Engineered Tax Services

Southern California Multifamily Networking Reception

Join this special closing networking reception to connect with other attendees, meet new folks and reignite existing relationships. Breakout groups of 8 are remixed every 12 minutes to allow for a dynamic and fun way to wind up the conference.