Wednesday, February 13, 2019

1:00 PM - | Registration Desk Opens

1:30 PM - 1:35 PM | Opening Remarks

Scott Thompson, Vice President & Global Events Director - Regulated Markets, Insurance, Financial Services & Real Estate, ALM

1:35 PM - 1:55 PM | Keynote: The Impact of Socioeconomic Culture on Philadelphia’s CRE Market -- What’s at Stake and What to Expect for 2019

Philadelphia's historically lower-income neighborhoods have been gentrifying at a rapid pace over the last 5-10 years. While this trend of gentrification brings in an influx of new middle- and upper-class residents, the original inhabitants of these neighborhoods are increasingly becoming priced out of their homes. Additionally, these newly redeveloped areas still often experience a similar level of crime as their previous incarnations. This has a huge impact on Philadelphia’s CRE market. This keynote address will provide insight to the state of the city's socioeconomic culture, and how it’s affecting CRE development, investment and retention.
Maria Gonzalez, President & CEO, HACE

1:55 PM - 2:40 PM | The View from the Top: The State of Philadelphia's CRE Market

Industry power players will give the high-level view of the biggest trends impacting Philadelphia’s CRE market, as they tackle subjects ranging from factors fueling the market, opportunity zone incentives, sectors to watch, and vacancy rates. Areas explored will include the rise of multifamily development throughout the city, mixed-use facilities in 1st ring neighborhoods, the debate of luxury vs affordable housing, and how tech jobs will influence the demand for property within the Philadelphia area.
Jacob Reiter, President, Verde Capital Corp.
Charles McGrath, Managing Director, Philadelphia, MRP Realty
Matthew Pestronk, Co-Founder & President, Post Brothers
Billy Procida, President, Procida Funding & Advisors LLC
Andrew TownsendFirst Vice President, Investments, Marcus & Millichap

2:40 PM - 3:00 PM | Coffee & Networking Break

3:00 PM - 3:45 PM | Deep Dive in Deal Making: Capital Markets, Deal Flow Drivers and Investments

Hear capital providers share where the money is coming from and how they make the deals happen. Regardless of whether you want to acquire assets, find qualified buyers or capital sources, recapitalize, or determine the future of your portfolio, information on capital structures and the short- and long-term outlook for the capital markets is critical. Panelists will discuss factors such as cap rates and sectors/neighborhoods to watch, and how they are impacting who’s buying and selling.
Jerry Kranzel, Senior Vice President, Capital Markets - Institutional Properties, CBRE
Leo AddimandoCo-Founder & Managing Partner, Alterra Property Group
Jacqueline Buhn, Principal & CEO, AthenianRazak
Amanuel Mekonen, Director, Greystone & Co
Christophe Terlizzi, Senior Vice President & Market Leader for Commercial Real Estate Lending, KeyBank

3:45 PM - 4:30 PM | Neighborhoods in Transition: Exploring Trends in Redevelopment

There is an influx of redevelopment happening across Philadelphia, and neighborhoods like Temple U and the Arts District on the north side of the city, and Point Breeze in south Philadelphia, are teeming with activity. Despite protests from longtime residents and commissioners arguing against gentrification, students are moving in in droves. Multifamily space is expanding with young professionals and empty-nesters looking for flexibility and the best amenities in high-end complexes, and mixed-use developments including office space and parks are popping up in newly repurposed areas; maximizing the space where there used to be nothing. Additionally, these trends will likely be accelerated, thanks to the new Opportunity Zone incentives offered for developers and investors in these areas. In this panel, we'll discuss the next wave of Philly's urban revitalization.
Lauren GilchristSenior Vice President & Senior Director of Research, JLL
Joe AristoneExecutive Vice President, Leasing, PREIT
Linda Richardson, President, Uptown Entertainment & Development Corporation
Vince Viney, Founder & President, V2 Properties

4:30 PM - 4:45 PM | Coffee & Networking Break

4:45 PM - 5:30 PM | Emerging Sectors Affecting Commercial Development

Over the years, Philadelphia’s CRE market has seen quite a lot of change. Growth in specific industry sectors has driven more opportunities for developers and investors alike. This panel will explore how urgent-care facilities, tech incubator space, retail and office spaces have all expanded in development across the city, and the role that innovative tech has played in making these developments thrive. Panelists will share their views for how these sectors will be impacted with the introduction of Opportunity Zone incentives, as Philly’s market continues to evolve.
Jeffrey TertelExecutive Managing Director, Newmark Knight Frank
Valerija Beares, First Vice President, Advisory & Transaction Services, CBRE
Steve Rush, Vice President, Leasing, Brandywine Realty Trust
Larry Steinberg, COO - Retail Group, Rittenhouse Realty Advisors

5:30 PM - 6:30 PM | Closing Remarks & Reception