High Yield & Distressed Realty Assets Summit



High Yield & Distressed Realty Assets Summit


CRE Finance Council and our High Yield Distressed Realty Assets (HYDRA) Forum are pleased to announce the High Yield Distressed Realty Assets Summit.

The 2019 HYDRA Summit will be held on March 6th - 7th and hosted once again at the New York Athletic Club in New York City. 


HYDRA Summit Co-Chairs & Planning Committee

Summit Co-Chairs:
Debra MorganManaging Partner, BlackEagle Real Estate Partners and Co-Founder, Aves Capital
William O’Connor, Partner, Thompson & Knight LLP

Planning Committee:
Midge Brogan, Managing Director, Park Praedium LLC
Kathleen Corton
, Chief Executive Officer, Hillcrest Finance, LLC 
Kevin Donahue, Executive Managing Director, SVN
Patricia Drew, Vice President, Waterfall Asset Management LLC
Merrick “Rick” L. Gross, Shareholder, Carlton Fields
David Harrison, Senior Vice President, PNC Real Estate/Midland Loan Services
Brendan McCormickPortfolio Manager and Head of Commercial Real Estate Loans, Axonic Capital LLC
Sean Ryan, Managing Director, HFF
Amber Sefert, Managing Director, Trimont Real Estate Advisors, LLC

Program - Wednesday, March 6, 2019

Registration
8:00am - 5:00pm
9th Floor — Foyer


Networking Breakfast
8:00am - 9:00am
9th Floor — Card Room

Welcome Remarks
9:00am - 9:30am
9th Floor — Lounge

Legislative and Regulatory Briefing
Moderator:
Lisa Pendergast, Executive Director, CRE Finance Council

Panelists:
David McCarthy, Director, Industry and Policy, CRE Finance Council 
Marty Schuh, Senior Director, Head of Government Relations, CRE Finance Council 
Christina Zausner, Senior Director, Head of Industry and Policy Analysis, CRE Finance Council

Best of Times & The Worst of Times: Overview of Market Trends
9:30am - 10:30am 
9th Floor — Lounge

Moderator:
Donald D. Sheets, Managing Director, Clarion Partners

Panelists:
Aaron Appel, Vice Chairman, Head of NYC Capital Markets Debt & Equity, JLL
Chris Lee, Member, Head of Real Estate Americas, KKR
Mark Romanczuk, Co-Head of Real Estate Financing Capital Markets, Goldman, Sachs & Co.

Discussion Topics:
- CRE Mortgage Debt:  Lender Composition pre- and post-GFC
- CRE Leverage:  Outstanding Balances pre- and post-GFC; Relative Levels of Leverage
- Delinquency Rates and Watchlist Loans:  CMBS 2.0 Themes
- Ad Hoc Topics in the Capital Markets

Networking Break
10:30am – 11:00am
9th Floor — Card Room

Keynote Speaker Session | In Honor of John D'Amico
11:00am - 12:00pm
9th Floor — Lounge

Sam Chandan, PhD, Dean, NYU SPS Schack Institute

Luncheon
12:00pm - 1:00pm
10th Floor — Olympic Suites

Growth Spurt: The Future of CRE CLOs
1:00pm - 2:00pm
9th Floor — Lounge

Moderator:
Midge Brogan, Managing Director, Park Praedium LLC

Panelists:
Daniel Chambers, Managing Director, Fitch Ratings
Richard Jones, Partner, Dechert LLP
Patrick Mattson, Managing Director, KKR
Melissa Niu, Analyst – Secured Finance, Insight Investment Management
 
Discussion Topics:
- State of the CLO market
- CLO versus syndication & warehouse lines
- Key issues for investors
- Servicing & asset management concerns
- (Dis)stress in the bridge loan space
- How CLOs will push boundaries in 2019 and beyond

Networking Break
2:00pm - 2:30pm
9th Floor — Card Room
SOS: Special Servicing to the Rescue?
2:30pm - 3:30pm
9th Floor — Lounge

Moderator:
Daniel Olsen, Senior Vice President, KeyBank Real Estate Capital

Panelists:
David Harrison, Senior Vice President, PNC Real Estate/Midland Loan Services
Christopher Herron, Managing Director, Iron Hound Management Company, LLC
Mark McCarthy, Managing Director, Shorenstein Properties LLC
Amber Sefert, Managing Director, Trimont Real Estate Advisors, LLC
Michael Suchy, Principal, Raith Capital Partners

Discussion Topics:
- Can the stress cracks in the 2.0 foundation be fixed? 
- What are the trends and changes in borrower requests?
- What has been fixed? What needs to be fixed?

Networking Break
3:30pm – 4:00pm
9th Floor — Card Room
Legal Hot Topics – What to Expect in 2019
4:00pm - 5:00pm
9th Floor — Lounge
 
Moderator:
Merrick “Rick” L. Gross, Shareholder, Carlton Fields

Panelists:
Vivian Arias, Partner, Thompson & Knight LLP
Lorna Banister, Of Counsel, Stinson Leonard Street LLP
Steven M. Lauer, Senior Managing Director, Chief Legal Officer, Trimont Real Estate Advisors, LLC
Joseph J. Tuso, General Counsel & Chief Operating Officer, Stabilis Capital Management, LP

Discussion Topics:
- Loan covenant defaults – how to deal with them in a workout/enforcement scenario
- Troubled construction loans – what are the pain points?
- CLOs – what to be on the look-out for in connection with a workout/default
- Cannabis – where are we from a lending/CRE perspective and where are we going?

Networking Reception
5:00pm - 7:00pm
9th Floor — Card Room


Please note that the program is still being coordinated and is subject to change.

 

Program - Thursday, March 7, 2019

Registration
8:00am - 11:00am
9th Floor — Foyer


Networking Breakfast
8:00am - 9:00am
9th Floor — Card Room
Where has all the Distress Gone?: Searching for Opportunities
9:00am - 10:00am
9th Floor — Lounge

Moderator:
Debra Morgan, Managing Partner, BlackEagle Real Estate Partners and Co-Founder, Aves Capital

Panelists:
Michael Bernstein, Principal, Acquisitions & Asset Management, Artemis Real Estate Partners, LLC
Annemarie DiCola, Chief Executive Officer, Trepp LLC
Patricia Drew, Vice President, Waterfall Asset Management LLC
Shawn Townsend, President, Blue Vista Finance, LLC
Matthew Weinstein, Partner and Portfolio Manager, Axonic Capital LLC
 
Discussion Topics:
- Credit and the Economy
- Sweet Spot – NPLs, Retail, Residential Portfolios, CMBS, Value-Add, Development
- Distressed Investing Inefficiencies
- Property Characteristics and Opportunities

High Yield: Debt Funds, Differentiators & Deals
10:00am - 11:00am
9th Floor — Lounge

Moderator: 
Kathleen Corton, Chief Executive Officer, Hillcrest Finance, LLC 

Panelists:
Gregory Breskin, Senior Vice President, Torchlight Investors
Drew Fung, Managing Director, Clarion Partners
Richard Le, Vice President, AEW Capital Management, L.P.
Brendan McCormick, Portfolio Manager and Head of Commercial Real Estate Loans, Axonic Capital LLC
 
Discussion Topics:
- Defining “high yield” debt investing
- Return expectations
- Deal examples
- Opportunities given where we are in the cycle
- Investor appetite for debt products

No Guarantees: Exploring Agency High Yield
11:00am - 12:00pm
9th Floor — Lounge

Moderator:
Yahli Becker, Managing Director, Head of Agency CMBS, Cantor Fitzgerald

Panelists:
James Chung, Chief Investment Officer, Debt Strategies, Bridge Investment Group
Pamela Dent, Vice President, AMO, Freddie Mac
Lee Green, Managing Director, Wells Fargo Securities
Matthew Jones, Managing Director, Harbor Group International, LLC
Jonathan Salter, Portfolio Manager, Axonic Capital LLC
 
Discussion topics to be announced.
 

Please note that the program is still being coordinated and is subject to change.


 

Sponsorship

Sponsorship of the High Yield & Distressed Realty Assets Summit increases your company’s recognition, reputation and leadership within the industry. View the 2019 Sponsorship Guide here and sign up here.

For more information about sponsorship, please reach out to Meghan Roberts at 202.448.0862.


Thank you to our Sponsors
Lead Sponsor



Platinum Sponsor




Gold Sponsor




Silver Sponsors

                                          

                  




Media Sponsors

                       





Attendee List

The Attendee List is available to registered attendees only.

Young Professionals

CREFC invites Young Professionals to attend the High Yield & Distressed Realty Assets Summit for a special rate.

To qualify, you MUST be 30 years of age or less. Your Young Professional status must be vetted in our membership database before qualifying for the discounted rate and you need to sign up online first by March 1, 2019.

Young Professional Registration - ENTIRE PROGRAM (available to CREFC members only)
$250
 - Member

Thursday-Only Registration
$85 - Member
$185 - Non-Member


Suggested Accommodations

The Jewel (Club Quarters) - preferred rates start at $170++ per night
11 A West 51st Street 
New York, NY 10019
Reserve online here for preferred rate.


Hotels located within blocks of the New York Athletic Club:

JW Marriott Essex House (located directly adjacent to the NYAC)
160 Central Park South
New York, NY, 10019
212-247-0300

Park Lane Hotel
36 Central Park South
New York, NY 10019
212-371-4000

CLE Credits

CREFC will be offering CLE (continuing legal education) credits for the HYDRA Summit. Please complete this online form prior to the conference. If you have any questions regarding CLE credits, contact Daniela Schneider.

Approved Credits:
TX - 8.25

Pending Approval:
FL
KS
MO
NJ
NY

Registration


Early Registration
 Rates
$495 - Member (Postmarked on or before February 8, 2019)
$695 - Non-Member (Postmarked on or before February 8, 2019)

Regular Registration Rates 
$595 - Member (After February 8, 2019)
$795 - Non-Member (After February 8, 2019)

Young Professional* Registration Rate - ENTIRE PROGRAM (available to CREFC members only)
$250
 - Member
*must be approved for the discounted rate in advance

Academic Member** Registration Rate
$250 - Member
**must be approved for the discounted rate in advance

Thursday-Only Registration Rates
$85 - Member
$185 - Non-Member


By registering for this event, you agree that the CRE Finance Council may take your photograph or record video and/or audio and you consent to CREFC use and reproduction of such media for any purpose, including, without limitation, marketing and promotional purposes.

When
3/6/2019 9:00 AM - 3/7/2019 1:00 PM
Where
New York Athletic Club
180 Central Park South
New York, NY 10019
Please Note:

Please verify your contact and name badge information before checking out.

REGISTRATIONS ARE NON-REFUNDABLE. If a registrant is unable to attend a substitute will be accepted at no additional charge.

Contact Annie Lee or call (646) 884-7576 for registration related questions.

Contact Kim Pang or call (646) 884-7573 for After-Work Seminar, CREFC Women’s Network and speaking opportunity related questions.

Contact Caitlin Adams or call (646) 884-7577 for Young Professional and Education event related questions.

Contact Daniela Schneider or call (202) 448-0858 for CLE credit related questions.

Contact Meghan Roberts or call (202) 448-0862 for sponsorship opportunities.

Note:

In order to register for an event or purchase a product, you must be logged into the CREFC site. If you have not visited our site before, please create a new account.

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