PROGRAM

Monday, June 9

Registration
7:00 am – 5:00 pm
Pre Function Area – 5th Floor 
Sponsored by: CCRE

Cyber Café
7:00 am – 5:00 pm
Pre Function Area – 5th Floor 
Sponsored by: Andrews Kurth LLP and Bloomberg

Exhibit Hall
8:00 am – 5:00 pm
Pre Function Area – 5th Floor

Networking Breakfast
7:00 – 10:00 am
Pre Function Area – 5th Floor
Sponsored by: KeyBank RealEstate Capital

CRE Finance World
9:00 – 10:00 am
Columbia – 7th Floor

Policy Committee
9:00 – 10:00 am
Duffy – 7th Floor

High Yield Distressed Realty Assets Forum
9:00 am – 10:30 am
Westside Ballroom Salon 3- 5th Floor

Portfolio Lenders Forum
9:00 – 10:30 am
Westside Ballroom Salon 4- 5th Floor

IRP Committee Meeting
10:00 – 10:45 am
Astor Ballroom – 7th Floor

GSE Multifamily Forum
11:00 am – 12:30 pm
Westside Ballroom Salon 3- 5th Floor

IG Bondholders Forum
11:00 am – 12:30 pm
Astor Ballroom – 7th Floor

Boxed Lunches
12:30 – 2:00 pm
Pre Function Area – 5th Floor 
Sponsored by: Katten Muchin Rosenman LLP

B-Piece Buyers Forum
1:00 – 2:30 pm
Westside Ballroom Salon 4- 5th Floor

Issuers Forum
1:00 – 2:30 pm
Astor Ballroom- 7th Floor

Servicers Forum
1:00 – 2:30 pm
Westside Ballroom Salon 3- 5th Floor

Networking Break
2:30-3:00 pm
Pre Function Area – 5th Floor 
Sponsored by: CIBC World Markets Corp.; Intex Solutions, Inc.; Midland Loan Services/PNC Real Estate; and Prudential Mortgage Capital Company

Welcoming Remarks
3:00 – 3:30 pm
Westside Ballroom – 5th Floor 

Stephen M. Renna, President & Chief Executive Officer, CRE Finance Council
Keith A. Gollenberg, Managing Director, Oaktree Capital Management, L.P.
Peter Eastham, Managing Director, Standard & Poor's Ratings Services

Opening Session Keynote: A Conversation with Sam Zell
3:30 – 4:30 pm
Westside Ballroom – 5th Floor 

Sam Zell, Chairman, Equity Group Investments
Interviewed by: Thomas M. Flexner, Global Head of Real Estate, Citigroup Global Markets

Celebrating Twenty Years of CREFC
4:30 - 5:00 pm
Westside Ballroom – 5th Floor 

Moderator:
Leonard W. Cotton

Panelists:
Margie A Custis, Managing Director, Capital Markets, Principal Real Estate Investors
Annemarie G. DiCola, Chief Executive Officer, Trepp, LLC
Joseph Philip Forte, Partner, DLA Piper LLP
Richard D. Jones, Partner, Dechert LLP
Paul T. Vanderslice, Managing Director, Citigroup Global Markets

Networking Reception
5:00 – 7:00 pm
Broadway Lounge – 8th Floor 
Sponsored by: Morgan Stanley

After Hours Reception
9:00 – 11:00 pm
9th Floor Promenade

Tuesday, June 10

Registration
7:00 am – 5:00 pm
Pre Function Area – 5th Floor 
Sponsored by: CCRE

Cyber Café
7:00 am – 5:00 pm
Pre Function Area – 5th Floor 
Sponsored by: Andrews Kurth LLP and Bloomberg

Exhibit Hall
8:00 am – 5:00 pm
Pre Function Area – 5th Floor

Networking Breakfast
7:00 – 10:00 am
Pre Function Area – 5th Floor 
Sponsored by: Moody's Investors Service

Market Update Roundtable
9:00 – 10:30 am
Westside Ballroom Salons 3 & 4, 5th Floor 

Moderator:
Jack M. Cohen, Chief Executive Officer, Cohen Financial 

Networking Break
10:30 – 10:45 am
Pre Function Area – 5th Floor 
Sponsored by: CIBC World Markets Corp.; Intex Solutions, Inc.; Midland Loan Services/PNC Real Estate; and Prudential Mortgage Capital Company

Lending: Is it Déjà Vu All over Again?
10:45 – 11:35 am
Westside Ballroom Salons 1 & 2, 5th Floor 

Moderator:
Marielle Jan de Beur, Managing Director, Head of Structured Products Research, Wells Fargo Securities

Panelists:
Kim Diamond, Senior Managing Director, Kroll Bond Rating Agency, Inc.
Marty Cropp, Senior Managing Director, Principal Real Estate Investors
David Nass, Managing Director, UBS 
Brian Phillips, Director of Commercial Real Estate Credit Research, AllianceBernstein 
Kevin Wodicka, Principal, Eightfold Real Estate Capital, L.P.

Discussion Topics:

• What are various commercial real estate mortgage originators seeing in the market?
• How are current CMBS structures different than previous peak structures?
• What is the current CMBS buyer base and how is it similar/different than 2007?
• How do loan characteristics and leverage levels compare to the previous peak?
• How much capital is being provided away from traditional sources (Banks, CMBS, Life Companies)?
• How are current amounts of leverage/liquidity in the system similar/different to the previous peak?

How to Make Money in CMBS 1.0
10:45 – 11:35 am
Astor Ballroom – 7th Floor 

Moderator:
Darrell Wheeler, Senior Managing Director, Head of CMBS Strategy, Amherst Securities Group LP

Panelists:
Tim Fotsch, Assistant Vice President, PPM America, Inc.
Tricia Hall, Managing Director, AIG Investments
Joshua Mason, Managing Director, Blackstone
Isaac Pesin, Managing Director, LNR Property

Discussion Topics:

• Relative value of legacy versus simply buying new issue credit.
• How refinancing pace has affected the investment outcomes on the premium bonds.
• The inherent risks of anticipating special servicer actions or lack thereof.
• Is there excess value in downgraded or split rated credit bonds.

Networking Break
11:35 am – 12:15 pm
Pre Function Area – 5th Floor 
Sponsored by: CIBC World Markets Corp.; Intex Solutions, Inc.; Midland Loan Services/PNC Real Estate; and Prudential Mortgage Capital Company

Lunch Keynote: 50 Minutes with Kevin Warsh
12:15 – 1:45 pm
Westside Ballroom – 5th Floor 
Keynote Sponsored by: Cadwalader
Lunch Sponsored by: Wells Fargo

Keynote: 
Kevin Warsh, Former Member, Board of Governors, Federal Reserve Board

Interviewed by:
Steve Kroft, Emmy Winning Journalist & 60 Minutes Correspondent

Networking Break
1:45 – 2:00 pm
Pre Function Area – 5th Floor 
Sponsored by: CIBC World Markets Corp.; Intex Solutions, Inc.; Midland Loan Services/PNC Real Estate; and Prudential Mortgage Capital Company

Interactive Hot Topics Discussion
2:00 – 2:45 pm
Astor Ballroom – 7th Floor 

Moderator:
Brian M. Olasov, Managing Director, McKenna Long & Aldridge, LLP

Panelists:
Stacey M. Berger, Executive Vice President, PNC Real Estate/Midland Loan Services
Robert M. Karner, Managing Director, Annaly Commercial Real Estate Group
Robert O. Ricci, Jr., CFA, Senior Managing Director, Lone Star Americas Acquisitions, LLC

Discussion Topics:

• Are low rock bottom interest rates a benefit or a hindrance to CMBS volume, quality and spreads?
• Have the debt markets recovered too fast?

Networking Break
2:45 – 3:00 pm
Pre Function Area – 5th Floor 
Sponsored by: CIBC World Markets Corp.; Intex Solutions, Inc.; Midland Loan Services/PNC Real Estate; and Prudential Mortgage Capital Company

Borrowers Answer the Question: Who's Your "Lending" Daddy?
3:00 – 3:50 pm
Westside Ballroom – 5th Floor 

Moderator:
Robert P. Brennan, Jr., Senior Managing Director, Guggenheim Commercial Real Estate Finance

Panelists:
Mark Hudspeth, Managing Director, Morgan Stanley 
Jared Kushner, Chief Executive Officer, Kushner Companies 
Mark McCarthy, Managing Director, Shorenstein Properties LLC
David Schonbraun, Co-Chief Investment Officer, SL Green Realty Corp. 

Discussion Topics:

• The “go to” source of capital today.
• Views on the plus and minus of CMBS, Life Co, Bank, and alternative sources of debt capital.
• How have the different sources of CRE debt capital evolved post crises?
• Strategies for financing and the use of one form of debt vs. another.
• Is it price? Proceeds? Speed?  Certainty? Flexibility?  What matters most in the financing equation?
• Do you really care if your lender sells the servicing?

Planet High Yield: An Exploration 
3:00 – 3:50 pm
Astor Ballroom – 7th Floor 

Moderator:
Faisal Ashraf, Managing Director, CCRE

Panelists:
Cary Carpenter, Managing Director, Starwood Capital Group
Frank Prezioso, Portfolio Manager & Partner, One William Street Capital Management, L.P. 
Nilesh Patel, Managing Director, Prima Capital Advisors
Alexander Zabik, Senior Managing Director, StoneBeck Capital LLC 

Discussion Topics:

• Market Dynamics: What are the challenges? Where are the opportunities? Where are the risks?
• Capital providers: Hedge funds, Mezz Funds, Debt Funds, REITS, Money Managers... who is doing what and why?
• How secular trends in macro indicators and real estate fundamentals will impact the high yield debt space.
• A discussion of real deals: circumstances, structure, yield.  Why they made sense … or didn't.

Networking Break
3:50 – 4:10 pm
Pre Function Area – 5th Floor
Sponsored by: CIBC World Markets Corp.; Intex Solutions, Inc.; Midland Loan Services/PNC Real Estate; and Prudential Mortgage Capital Company

Outlook: Bank & Insurance Lending
4:10 – 5:00 pm
Astor Ballroom – 7th Floor 

Moderator:
John H. Pelusi, Jr., Executive Managing Director, HFF

Panelists:
John Bazzano, Senior Client Executive, J.P. Morgan
Ed Coco, Senior Managing Director and National Sales Leader, GE Capital Real Estate
Greta Guggenheim, Chief Investment Officer, Ladder Capital Finance LLC
Gary Otten, Managing Director - Head of Debt Strategies, MetLife Real Estate Investors

Discussion Topics:

• Competitive lending environment 
• Credit and structure 
• Loan products – floating, permanent, bridge, mezz 
• Construction lending including construction to permanent loans
• Outlook

Servicers Roundtable
4:10 – 5:00 pm
Westside Ballroom – 5th Floor 

Moderator:
George Carleton, Executive Managing Director, C-III Capital Partners

Panelists:
John E. D'Amico, Director of Special Servicing, Trimont Real Estate Advisors, Inc.
David Eckels, Senior Vice President, PNC Real Estate/Midland Loan Services
Dave Iannarone, President, CWCapital Asset Management LLC
Alan Kronovet, Executive Vice President, Wells Fargo Commercial Mortgage Servicing
John Maute, Senior Managing Director, Situs Holdings LLC
Marty O'Connor, Executive Vice President, KeyCorp Real Estate Capital Markets, Inc.
Cory Olson, President, LNR Property Corporation

Discussion Topics:

• Master/Primary Servicing:
  • Current trends in new issue master servicing assignments
  • Regulatory impact on Master and Primary servicing by financial institutions
• Special Servicing:
  • Current resolution strategies including bulk sales and actions
  • Perspectives on future special servicing transfers as 2005-2007 vintage loans near maturity
  • Recent activity on replacement of Special Servicers due to control shifts
  • Discussion of recent major loan resolutions

Networking Reception
5:00 – 7:00 pm
Broadway Lounge – 8th Floor 
Sponsored by: UBS

Young Professionals Networking Reception
5:00 - 7:00 pm
Broadway Lounge Terrace 

Wednesday, June 11

Registration
8:00 – 12:00 pm
Pre Function Area, 5th Floor
Sponsored by: CCRE

Cyber Cafe    
8:00 – 12:00 pm
Pre Function Area, 5th Floor
Sponsored by: Andrews Kurth LLP and Bloomberg

Networking Breakfast
8:00 – 10:00 am
Pre Function Area, 5th Floor

The Geopolitical Risk Factor – Breaking Down Events in Europe, Ukraine and the East
9:30 – 10:30 am
Westside Ballroom Salons 3 & 4, 5th Floor 

Education Workshop: Originating and Underwriting Commercial Mortgages for CMBS
9:30 – 10:30 am
Westside Ballroom Salons 1 & 2, 5th Floor 

Meredith Ager, Senior Manager, Ernst & Young LLP
Kim Diamond, Senior Managing Director, Kroll Bond Rating Agency, Inc.

Networking Break
10:30 – 10:45 am
Pre Function Area, 5th Floor
Sponsored by: CIBC World Markets Corp.; Intex Solutions, Inc.; Midland Loan Services/PNC Real Estate; and Prudential Mortgage Capital Company

Career Mentoring Panel
10:45 am – 11:45 am
Westside Ballroom Salons 1 & 2, 5th Floor 

Moderator:
Shari Linnick, Vice President, Client Services, Trepp, LLC

Panelists:
Jason Hull, Director, Business Development, Sabal Financial Group LP
Brigid Mattingly, Managing Director, Wells Fargo Securities
Annelise Osborne, Vice President, Senior Credit Officer, Moody's Investors Service
Jan Sternin, Senior Vice President & Managing Director, Berkadia

ATTENDEE LIST

The Attendee List is available to registered attendees of the June Conference. Registered attendees may click the below link to access the attendee list.

Attendee List

This list is the sole property of the CRE Finance Council. No one has the right to copy, re-use, reproduce or distribute this list or any information included on the list in any form without first receiving written permission from the CRE Finance Council.