Agenda

April 3, 2019

6:00 PM - 8:00 PM | Networking Cocktail Reception Hosted by W. P. Carey

Registered attendees of the conference will benefit from this exclusive opportunity to meet with the conference participants at the GlobeSt Net Lease Networking Reception.
 
✔ Drinks are on the house.
✔ Bring a healthy stack of business cards!
 
Venue:
25 West 40th Street
New York, NY 10018

April 4, 2019

8:00 AM - 8:30 AM | Registration & Networking Breakfast


8:30 AM - 8:35 AM | Opening Remarks


8:35 AM - 9:35 AM | Keynote | Forecasting the US Economy with Two Economists

The US Economy will remain at peak performance through the end of 2018. Consumer and business confidence are key. A strong labor market is driving consumer spending forward. While corporate tax cuts are helping to fuel record profit levels.  For most 2019 is set to be another strong year but how long will the good times last?  Our panel of acclaimed economists will discuss the growth outlook for the US economy and its core regions in 2019 and beyond, and the major sectors of the economy that will provide the best opportunities for growth.

9:35 AM - 10:35 AM | State of the Industry & Market Analytics

Hear from the top leaders in the net lease space as they provide their view on the state fo the industry and glimpse crucial insights from market data. These experts will discuss the outlook for the sector and offer their predictions on the opportunities and changes in 2019
 
Moderator:
Jimmy Goodman, Partner - The Boulder Group
 
Panelists:
Sean Cutt, Chief Investment Officer - Broadstone
Andrew Fallon, Executive Managing Director - Calkain
Barclay Jones, EVP, Investments - iStar
Glen Kunofsky, Executive Managing Director of Investments - Marcus & Millichap
Gino Sabatini, Managing Director, Head of Investments - W. P. Carey
Gordon Whiting, Managing Director, Angelo Gordon & Co. LP

10:35 AM - 11:00 AM | Networking Break


11:00 AM - 11:45 AM | Net Lease REITs: Bull or Bear?

Net Lease REITs have become an important property sector in which highly predictable rent checks are turned into highly sustainable dividends. External growth fueled by the favorable cost of capital has contributed to the sector’s significant performance. In this session, we will explore the primary triggers and trends that investors should watch in 2019.
 
  • Cost of capital
  • Operating efficiency and value
  • Sector consolidation
 
Moderator:
John Massocca, VP, Equity Research REITs - Ladenburg Thalmann & Co., Inc.
 
Panelists:
Daniel Donlan, Senior Vice President, Capital Markets - Essential Properties
Amar Goli, Managing Director - Sands Investment Group
Jason Kessler, Chief Investment Officer - ARCTRUST
Dan Lovitz, SVP, Acquisitions - VEREIT
Matt Partridge, CFO & COO - Hutton

11:45 AM - 12:35 PM | Sale-Leasebacks: 2019 Market Outlook

The introduction of the tax reform has made sale-leaseback transactions more attractive than ever for corporations. Pricing has been aggressive even as interest rates have started to creep up. While there is caution in suburban office and big-box retail sectors, the overall outlook for sale-leaseback transactions remains strong.  Our panel of experts will review the major 2018 transactions, provide insight into what buyers and sellers are looking for and discuss the top opportunities in healthcare, industrial, office, and retail.
 
Moderator:
Elizabeth Randall, President - Randall Commercial Group, LLC
 
Panelists:
Chris Capolongo, Managing Director - Angelo Gordon & Co. LP
Ben Hidalgo, Principal - Net Lease Development
Patrick Luther, Managing Principal - SRS Real Estate Partners
Joseph Mastrocola, Director of Investments - W. P. Carey
Will Pike, Vice Chairman | Managing Director - CBRE | Capital Markets
Ross Prindle, Managing Director - Duff & Phelps

12:35 PM - 1:35 PM | Networking Lunch


1:35 PM - 2:25 PM | Capital Markets Update and Implications for What's Next

Investors have always looked to the net lease sector to provide much-needed stability during uncertain economic times. A quick recap of 2018 show net lease performed well overall. While demand for assets in the net lease sector remains strong, will the pressure on cap rates from the increase in treasury yields impact this sector’s staying power? Will this sector continue to reign in 2019?
 
Moderator:
Mark Maughan, Head of Net Lease Investments - Sundance Bay
 
Panelists:
Gary Chou, SVP & Senior Director - Matthews Real Estate Investment Services
Ralph Cram, President & Manager - Envoy Net Lease Partners
Kyle Gore, Managing Director & Principal - CGA Capital
Elyssa McMullen, SVP, Lease Finance Group - Prudential Capital Group
Tivon Moffitt, Senior Vice President - JLL
Thomas Zarrilli, Managing Director - CTL Capital LLC

2:25 PM - 2:55 PM | 1031 - Closer to an Equilibrium?

The tax reform laws enacted at the beginning of 2018 kept the use of 1031 exchanges for tax deferral when commercial and investment real estate properties. So 2018 was a record year for 1031 exchanges. As we start 2019, we will discuss some of the trends, issues and key points to remember regarding 1031 exchanges and how to plan ahead for successful exchanges.
 
Moderator:
Pamela Michaels, SVP - Asset Preservation, Inc.
 
Panelists:
William Lopriore, Jr., Regional Manager & Counsel - First American Exchange Company
Preet Sabharwal, Managing Director - SAB Group
Adam Scherr, Net Lease Advisor - Sands Investment Group

2:55 PM - 3:30 PM | Engaging the CRE Tenant

Our panel of corporate real estate directors will discuss their CRE strategies and how they are adding value to their originations. What impacts their decisions to own or lease, strategic approach to administering leases and unused space, demolishing, selling, acquiring, and if needed, new properties.
 
Moderator:
Robert Koen, Member - Mintz, Levin, Cohn, Ferris, Glovsky, and Popeo, PC
 
Panelists:
Gene Colley, EVP - Embree Asset Group
Stephen Friedberg, Member - Mintz, Levin, Cohn, Ferris, Glovsky, and Popeo, PC
Rob Walters, Principal - Quattro Development

3:30 PM - | Conference Concludes: Suggested Departure