Monday, June 12, 2023
Program times are listed in Eastern Standard Time.
Registration and Exhibit Hall
8:00am - 5:00pm
5th Floor
Registration Sponsor:
Networking Breakfast
8:00am - 10:00am
5th Floor
Welcome Remarks
9:30am - 10:00am
Westside Ballroom, 5th Floor
Chair, CREFC Board of Governors,
Leah Nivison,
Managing Director, BMO Capital Markets
- 20 under 40 recipient presentation
Incoming Chair, CREFC Board of Governors,
Harris Trifon,
Managing Director and Portfolio Manager, Lord, Abbett and Co
Conference Co-Chairs:
Natalie Grainger,
Chief Credit Officer, Greystone
Chuck Lee,
Head of CMBS – Americas, Natixis CIB Americas
Partner Sponsor:
Navneet Agarwal,
Managing Director, Moody’s
From Capitol Hill to the Headlines: Perspectives from Joe Scarborough
10:00am - 11:00am
Westside Ballroom, 5th Floor
Opening Session Speaker:
Joe Scarborough,
Creator and Co-Host, MSNBC's 'Morning Joe'
Joe Scarborough will share his opinion, analysis, and observations about the biggest news stories of the day. As host of the most influential morning show, the former member of Congress was selected by TIME as one of the 100 most influential people in the world and cuts through the partisanship to bring the headlines that matter the most to Americans. He’ll break down the news you need to know about politics, elections, the economy, and what’s next for America.
Opening Session Sponsors:
Networking Break
11:00am - 11:20am
Westside Ballroom Foyer, 5th Floor
Servicers and Special Situations Forum (Closed to Media, Not Available for Replay)
11:20am - 12:15pm
Westside Ballroom, 5th Floor
Please join CREFC’s Servicing Administration and Special Situations Forum Meeting as the Forum leaders review their year-to-date agenda and look forward to the second half of 2023. At this meeting, new Forum Leadership will be introduced, speaker Chris Moore will outline his thoughts on the sector, and Forum panelists will engage in an interactive discussion among forum participants, CREFC’s Government Relations team and attendees. Live audience polling, roving microphones and texting will ensure a robust discussion at a challenging point in the CRE marketplace.
Moderators:
Leslie Hayton, Managing Director, Head of CMBS Asset Management, Wells Fargo
Tony Yousif, Director – National Accounts, SVN
Participants:
Stacy Ackermann, Partner & Practice Area Leader – Finance, K&L Gates
Pamela Dent, Vice President – Multifamily Asset Management, Freddie Mac
Adam Fox, Senior Director, Structured Finance Commercial Servicers & CMBS, Fitch Ratings
Niral Shah, Managing Director, Head of Servicing Operations, Rialto Capital
Featured Speaker Chris Moore, Managing Director, Hedging and Capital Markets, Chatham Financial
Portfolio Lenders Forum (Closed to Media, Not Available for Replay)
11:20am - 12:10pm
Astor Ballroom, 7th Floor
Please join CREFC’s Portfolio Lenders Forum Meeting as the Forum leaders review their year-to-date agenda and look forward to the second half of 2023. At this meeting, new Forum Leadership will be introduced, speaker Ryan Severino will outline his thoughts on the sector, and Forum panelists will engage in an interactive discussion among forum participants, CREFC’s Government Relations team and attendees. Live audience polling, roving microphones and texting will ensure a robust discussion at a challenging point in the CRE marketplace.
Moderators:
Scott Dixon, Senior Vice President & Senior Credit Risk Officer, Commercial Real Estate, Truist
Chris Miculis, Managing Director, Head of Asset Management, Debt – Americas, Nuveen
Participants:
Sairah Burki, Managing Director, Head of Regulatory Affairs and Sustainability, CRE Finance Council
Robert Grudzinski, Senior Vice President, U.S. Bank, NA
Kevin Pivnick, Managing Director, Real Estate Debt Strategies, Blackstone
Jonathan Salzinger, Director, Real Estate Corporate Banking, Bank of America
Stefanie Stewart, SVP – Real Estate Finance, Voya Investment Management
Featured Speaker Ryan Severino, Chief Economist & Head of U.S. Research, BentallGreenOak
Boxed Lunches
12:00pm - 1:30pm
Westside Ballroom Foyer, 5th Floor
Boxed Lunches Sponsored by:
Trends and Traps: What Will Shape the Future of CRE (Closed to Media, Not Available for Replay)
12:30pm - 1:20pm
Westside Ballroom, 5th Floor
Moderator:
Alan Todd,
CFA, Managing Director, Bank of America
Panelists:
Stefanos Arethas,
Managing Director, Head of Commercial Real Estate, ATLAS SP Partners
Eric Draeger,
CIO, Berkshire Residential Investments (MF1)
Kyra Fecteau,
Portfolio Manager, Wellington Management
Larry Kravetz,
MD, Head of U.S. CRE Lending, Barclays
Darrell Wheeler,
Vice President - Senior Credit Officer, Head of CMBS Research, Moody's Investors Service
Discussion Topics:
- Changing bank regulations and the potential impact on the commercial real estate market and CMBS
- State of the office market: Discerning fact from fiction
- People are so negative I’m positive: Is the bad news already priced in to CMBS?
- Wall of worry: How will maturity date extensions/modifications affect potential losses?
- Poised for a bounce: What will it take for CMBS issuance to bounce back?
Networking Break
1:20pm - 1:40pm
Westside Ballroom Foyer, 5th Floor
Navigating Today’s CRE Lending Multiverse
1:40pm - 2:30pm
Westside Ballroom, 5th Floor
Moderator:
Krystyna Blakeslee, Chair of Real Estate Finance Group, Willkie Farr & Gallagher
Panelists:
Michael Comparato, President, Franklin BSP Realty Trust
Megan McElgunn, Vice President, Co-Head of Conventional Production & Sales, Freddie Mac
Kim McKee, Senior Vice President/Regional Manager - Commercial Real Estate, U.S. Bank
Gianni Ottaviano, Executive Vice President, Structured Finance Production, Arbor Realty Trust, Inc.
Steven Pack, Managing Director, Goldman Sachs & Co.
Discussion Topics:
- What deals are getting done (or not) and why?
- Opportunities in the market: Are “distressed” investments attractive?
- Shifts in the capital stack and CRE fundamentals
- Active lender types and forecasts for CRE lending volume
Networking Break
2:30pm - 2:50pm
Westside Ballroom Foyer, 5th Floor
Investment-Grade (IG) Bondholders Forum (Closed to Media, Not Available for Replay)
2:50pm - 3:45pm
Westside Ballroom, 5th Floor
Please join CREFC’s Investment-Grade Investor Forum Meeting as the Forum leaders review their year-to-date agenda and look forward to the second half of 2023. At this meeting, new Forum Leadership will be introduced, speaker Chong Sin will outline his thoughts on the sector, and Forum panelists will engage in an interactive discussion among forum participants, CREFC’s Government Relations team and attendees. Live audience polling, roving microphones and texting will ensure a robust discussion at a challenging point in the CRE marketplace.
Moderator:
Richard Razza, Managing Director, Webster Bank
Participants:
Rajesh Bansal, Co-Founder, President, QuiqCapital
Sairah Burki, Managing Director, Head of Regulatory Affairs and Sustainability, CRE Finance Council
Manish Rajguru, Portfolio Manager, CMBS, OFS Capital Management
Jane Rivers, Vice President, Credit Analyst, T. Rowe Price Associates, Inc.
Featured Speaker Chong Sin, Executive Director and Head of CMBS Research, J. P. Morgan
Alternative Lenders and High Yield Investors Forum (Closed to Media, Not Available for Replay)
2:50pm - 3:45pm
Astor Ballroom, 7th Floor
Please join CREFC’s Alternative Lenders and High Yield Investors Forum Meeting as the Forum leaders review their year-to-date agenda and look forward to the second half of 2023. At this meeting, new Forum Leadership will be introduced, speaker Jeff Fastov will outline his thoughts on the sector, and Forum panelists will engage in an interactive discussion among forum participants and attendees. Live audience polling, roving microphones and texting will ensure a robust discussion at a challenging point in the CRE marketplace.
Moderator:
Samir Tejpaul,
Managing Director, Affinius Capital
Participants:
Thanh Bui,
Managing Director, Clarion Partners
Samantha Rotchford,
Managing Director, BDT & MSD Partners, L. P.
Rachel Hunter-Goldman,
Director, KKR – Kohlberg Kravis Roberts
Featured Speaker Jeff Fastov,
Senior Managing Director, Credit Strategies, Affinius Capital
Networking Break
3:45pm - 4:00pm
Westside Ballroom Foyer, 5th Floor
A Tale of Two Cities: The NYC Office Market Today (
Closed to Media, Not Available for Replay)
4:00pm - 4:50pm
Westside Ballroom, 5th Floor
Moderator:
Gary Curwin,
Executive Director, Head of CRE Large Loan Origination, Morgan Stanley
Panelists:
Paul J. Amrich,
Vice Chairman, Chairman of Investor Leasing Advisory Board, CBRE
Ben Brown,
Managing Partner, Head of US Office Portfolio, Brookfield
David Giancola,
Senior Managing Director, JLL
T. Richard Litton, Jr.,
President, Harbor Group International, LLC
David Marks,
Senior Vice President, Head of Acquisitions, Silverstein Properties
Discussion Topics:
- Back-to-Work Dynamics: Where do we stand and what lies ahead? What are the implications for leasing in the short and medium term?
- Breaking Free From the "Capital Treadmill" of Office Ownership: Innovative approaches to managing costs and enhancing profitability
- Engaging in Dialogue With Lenders: Insights into the experiences and variances between bank, life insurance, and CMBS lenders
- Crime and Safety: Exploring strategies to address their impact on tenant decisions and market dynamics
Session Sponsored by:
Networking Reception
5:00pm - 7:00pm
8th Floor, Broadway Lounge
Networking Reception Sponsor:
