Opening Networking Reception & Conference Platform Orientation

Join the opening networking reception and connect with other conference attendees. As a bonus: we’ll give you a quick tutorial on how to get the most out of the conference platform. We highly encourage you to attend this session to avoid any technical issues when access panels.

Keynote Conversation with David M. Rubenstein, Co-Founder & Co-Chairman, Carlyle

Come hear from David M. Rubenstein as he discusses macro-forces affecting the industry outlook, including the economy, geopolitics and investment trends.

Keynote Speaker:

• David M. Rubenstein, Co-Founder & Co-Chairman, Carlyle

Interviewed by:

• Lauren Dillard, Head of Investment Intelligence, Nasdaq

The Way Forward: Real Estate Private Equity Outlook & Deal Flow in a Post-COVID World panel

In the spring of 2020, the pandemic had derailed most deals, with only the most motivated of sellers proceeding to close. While many sellers pulled their deals from the table, equity sources also largely pulled back waiting to see how the pandemic would affect the economy, unemployment and asset performance. Now that uncertainty about the impacts of the health crisis has dropped, buyers are re-entering the market, driving new deals forward, some at discounts and some at or above pre-COVID prices, depending upon the asset type and location. What’s next for real estate capital markets? To what degree are there special opportunities created by the pandemic? What is the outlook for core, core+, value add and opportunistic strategies today? What are the major trends we should be watching?

Moderator:

• Jennifer Morgan, Partner, King & Spalding

Panelists:

• Pam Boneham, Head of Capital Strategies, Barings
• Margaret McKnight, Partner, StepStone
• Donald Smith, Head of Transactions, BlackRock

Beyond Returns: Investor-Driven Climate Change & Social Responsibility Priorities

Today’s non-market investment priorities are a mass of data, reports, meetings and acronyms. For some firms, it’s as simple as putting up a webpage with nice sounding promises but no real action. To others, it’s a serious undertaking with top management buy in and focused attention. Others are still stretching their heads waiting for others to lead the way. But what is clear is: institutional investors are driving real change through requirements that allocators and operators make substantive strides in their work to address ESG priorities. Meanwhile at the other end of the real estate capital markets supply chain, governments are creating metrics with fines at the operator level. With the impacts of climate change and income-inequality manifesting themselves daily in the headlines, this panel addresses how the rubber is meeting the road when it comes to climate change and social responsibility priorities at the investor, allocator and operator levels with the goal of providing strategic-level insight on what kinds of initiatives and programs are working.

Moderator:

• David Kaye, Counsel, Ropes & Gray

Panelists:

• Christopher Cayten, Senior Director Strategic Growth, CodeGreen
• Tara McCann, Senior Managing Director, Rockwood Capital
• Anna Murray, Managing Director & Global Head of ESG, BentallGreenOak
• Katie Vaz, Managing Director & Portfolio Manager, Clarion Partners

Chasing Yield: Contrarian, Distressed and Overlooked Opportunities by Asset Type & Geography

The pandemic has no doubt created distress for some: whether it’s a luxury urban apartment building where lease up has stalled halfway through, a hotel property failing to make its debt service payments from operations or an owner who needs to sell off performing assets to save the rest of an underperforming portfolio. With the exception of hotels and perhaps to some degree retail, distressed opportunities are not necessarily emerging in huge numbers, but contrarian and overlooked high yield acquisitions exist and in much larger numbers than a year ago. Under which rocks are nimble capital partners looking to find these deals? Which operators are they working with to take advantage of the current situation? What do the deal terms look like?

Moderator:

• Lawrence Selevan, Chief Executive Officer, Chesterfield Faring

Panelists:

• Richard Banjo, Managing Principal, Artemis
• David Butler, Managing Partner, Argosy Real Estate Partners
• Todd Liker, Managing Director & Co-Portfolio Manager, Oaktree Capital
• Robin Potts, Co-Head – Real Estate Investments, Canyon Partners Real Estate

Shifting Sands: Taking the Temperature of Foreign Investor Appetite in US Deals

To pension funds and other institutional investors overseas, the United States looks like a very different place than it did just a short while ago. Whole new areas of uncertainty have emerged that raise the apparent risk of investing in opportunities here. And yet uncertainty has risen globally, and risk is often a relative measure when deciding where to invest dry powder. What do investors from Europe, Asia, the Middle East and Canada think about opportunities in the United States today? How have recent events changed investment decisions? How can US-based allocators and operators best position themselves to work with foreign investors?

Moderator:

• Shahab Moreh, Partner & Global Head of Real Estate, Mazars

Panelists:

• Yariv Ben-Ari, Partner – Real Estate, Herrick
• Dino Christoforakis, Head of Transactions – North America, AFIAA
• David Hamm, Senior Managing Director & Head of Acquisitions, Wafra
• Matthew Scholl, Head of Investment Management – Americas, Union Investment

Deal Structuring Masterclass: How Deal Terms between Capital & Operating Partners are Evolving

Deal terms whether they are at the fund level or the asset level are often the manifestation of the perceived power balance between the various parties in the transaction. Having a lot of cash to work with can give you a lot of power, but not necessarily when you have to put it to work quickly and frequently. Institutions are often willing to accept lower returns in exchange for lower risk and the ability to put that capital to work as soon as it comes in. At the asset level, how the terms between GP and LP play out depend a lot on what options each has. Getting the returns you want or need are as much from the deal terms as they are from the performance of the underlying assets. This panel addresses how power is shifting today due to market forces, the abundance of dry powder, availability of deals, investment alternatives and industry consolidation.

Moderator:

• Anton Natsis, Partner, Allen Matkins

Panelists:

• Evan Kinne, Senior Vice President, George Smith Partners
• Chris Reilly, Managing Partner – Investments, Brookfield
• Dan Rosenbloom, Managing Director – Investments, Cadre
• John Tsui, Managing Principal, Peninsula House
• Careina Williams, Principal, Sundance Bay

Real Estate Private Equity Tax Minimization Workshop

• Get the latest insight on minimizing income tax from your real estate in 2021
• Learn about recent and pending tax changes due to the new administration
• Discover recent changes to federal tax statutes that you can put to good use
• Find out how you can grow your cash flow through innovative ancillary income ideas

Presenter:

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

Schedule of Exclusive Sessions

GP-LP Joint Ventures Closed-Door Roundtable (Invite-Only) – FULL

This 90-minute private meeting is exclusive to GPs and LPs who frequently engage in joint venture situations. This is an invite-only session.

Institutional Capital Closed-Door Roundtable (Invite-Only)

This 90-minute private meeting is exclusive to institutional investors and those who raise capital from institutional investors. This is an invite-only session.

Private Capital Closed-Door Roundtable (Invite-Only)

This 90-minute private meeting is exclusive to private capital investors and those who raise capital from private capital investors. This is an invite-only session.