NYU Schack Institute of Real Estate
44th ANNUAL CONFERENCE ON
Capital Markets in Real Estate
The Velocity of Reward and Risk in the Age of Social Networking:
The Express Lane to a Recovery in the Global Real Estate Capital Markets
Presented by
NYU Schack Institute of Real Estate
Thursday, November 17, 2011
The Waldorf=Astoria Hotel
New York, NY
Chair:
Robert S. Blumenthal, Managing Director, Deutsche Bank Securities Inc.
Member, Advisory Board, NYU Schack Institute of Real Estate
Co-Chairs:
Jeffrey A. Barclay, Managing Director, Goldman Sachs Group, Inc.
Richard A. Kessler, Chief Operating Officer, Benenson Capital Partners, LLC;
Member, Advisory Board, NYU Schack Institute of Real Estate
John Z. Kukral, President and Chief Executive Officer, Northwood Investors LLC
AGENDA AT A GLANCE
| 8:10 | – | 8:20 a.m. | Welcoming Remarks | |
| 8:20 | – | 8:30 a.m. | Conference Intro | |
| 8:35 | – | 9:25 a.m. | Private Equity Panel: Seeking Risk-Adjusted Returns in a Competitive Global Market | |
| 9:25 | – | 10:15 a.m. | Financing Panel: Liquidity Returns | |
| 10:15 | – | 10:30 a.m. | Refreshment Networking Break | |
| 10:30 | – | 11:00 a.m. | Morning Address — Economist | |
| 11:00 | – | 11:50 a.m. | Permanent Capital and Structured Finance Panel: The Search for Public and Private Capital | |
| 11:50 a.m. | – | 12:40 p.m. | Equity and Sovereign Investment Panel | |
| 12:40 | – | 1:40 p.m. | Networking Lunch | |
| 1:40 | – | 2:20 p.m. | ||
| 2:20 | – | 3:20 p.m. | New York City: We Are the Golden Apple |
Conference Fee:
The conference fee, including breakfast, luncheon, and all materials is $795 for each participant.
WELCOMING REMARKS
8:10 a.m. – 8:20 a.m.
Conference Intro
8:20 a.m. – 8:35 a.m.
PRIVATE EQUITY PANEL:
SEEKING RISK-ADJUSTED RETURNS IN A COMPETITIVE GLOBAL MARKET
8:35 a.m. – 9:25 a.m.
| Moderator: | |||||
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John Kukral, president and chief executive officer, Northwood Investors LLC |
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| Panelists: | |||||
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Neil G. Bluhm, managing principal, Walton Street Capital, L.L.C. |
Kelvin Davis, senior partner, TPG Capital |
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Paul A. Galiano, senior managing director, co-head of Acquisitions, Dispositions, Equity Capital Markets, and Joint-Venture Transactions, Tishman Speyer Properties, L.P. |
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Jonathan D. Gray, senior managing director and co-head of Real Estate, Blackstone Real Estate Advisors |
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William H. Walton,
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FINANCING PANEL:
LIQUIDITY RETURNS
9:25 a.m. – 10:15 a.m.
| Moderator: | |||||
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Richard A. Kessler, chief operating officer, Benenson Capital Partners LLC; adjunct associate professor and advisory board member, NYU Schack Institute of Real Estate |
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| Panelists: | |||||
| Ken Cohn, UBS |
Mark Finerman, managing partner, Loan Core Capital |
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Greta Guggenheim, president, chief financial officer and director, Ladder Capital Realty Finance LLC |
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Michael P. Higgins, managing director and head of U.S. Real Estate Finance, CIBC World Markets Corp. |
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| Jonathan Pollack, head of Americas for Commercial Real Estate, Deutsche Bank AG |
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David A. Twardock, president, Prudential Mortgage Capital Company, LLC |
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REFRESHMENT NETWORKING BREAK
10:15 a.m. – 10:30 a.m.
MORNING ADDRESS: Economist
10:30 a.m. – 11:00 a.m.
| Sharmin Mossaver-Rahmani, |
PERMANENT CAPITAL AND STRUCTURED FINANCE PANEL:
THE SEARCH FOR PUBLIC AND PRIVATE CAPITAL
11:00 – 11:50 a.m.
| Moderator: | |||||
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Robert S. Blumenthal, |
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| Panelists: | |||||
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Cia Buckley, partner, Dune Real Estate Partners |
Ethan Penner, executive managing director and president, CB Richard Ellis (CBRE) Capital Partners
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Scott Rechler, chairman and chief executive officer, RXR Realty LLC |
Ralph Rosenberg, managing director, Kohlberg Kravis Roberts & Co L.P. ("KKR") |
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Wendy A. Silverstein, executive vice president, and co-head of acquisitions and capital markets, Vornado Realty Trust |
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EQUITY AND SOVEREIGN INVESTMENT PANEL
11:50 a.m. – 12:40 p.m.
| Moderator: | |||||
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Jeffrey A. Barclay, managing director, Goldman Sachs Group, Inc. |
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| Panelists: | |||||
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Peter Ballon, vice president, head of Real Estate Investments – Americas, Canadian Pension Plan Investment Board |
Peter Madden, APG |
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| Yvonne Nelson, executive director of real estate & ETI New York City Controller's Office |
Andrew Trickett, senior vice president, Oxford Property Group |
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NETWORKING LUNCH
12:40 p.m. – 1:40 p.m.
AFTERNOON ADDRESS:
ONE-ON-ONE - A PRACTITIONER'S VIEW OF OPPORTUNITIES FOR REAL ESTATE INVESTMENT IN CAPITAL MARKETS
1:40 p.m. – 2:20 p.m.
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James D. Kuhn, president, Newmark Knight Frank |
Barry Sternlicht, chairman, chief executive officer, Starwood Capital Group |
NEW YORK CITY:
WE ARE THE GOLDEN APPLE
2:20 p.m. – 3:20 p.m.
| Panelists: | |||||
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Michael D. Fascitelli, president, chief executive officer, and trustee, Vornado Realty Trust |
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Marc Holliday, chief executive officer, SL Green Realty Corp. |
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William L. Mack, chairman and founder, AREA Property Partners |
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Stephen M. Ross, chairman, chief executive officer, and founder, Related Companies, member, Advisory Board, NYU Schack Institute of Real Estate |
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William C. Rudin, vice chairman and chief executive officer, Rudin Management Company, Inc., member, Advisory Board, NYU Schack Institute of Real Estate |
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Larry A. Silverstein, president and chief executive officer, Silverstein Properties, Inc., chairman emeritus, Advisory Board, NYU Schack Institute of Real Estate |
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