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Massey Knakal Realty Services is pleased to announce the 2nd annual Commercial Real Estate Investment Summit, to be held April 26, 2012 at the New York Bar Association at 42 W. 44th Street in Midtown Manhattan. Keynotes include Mike Fascitelli, CEO of Vornado, and Scott Rechler, CEO of RXR Realty.Join us this year, as we delve into the dynamics of the ever changing marketplace to discuss financing, investment, development, and specifics of Office, Retail, Hotel property segments, as well as Note Acquisitions, Private Equity, and Debt Capital for acquisitions and new development.
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Massey Knakal Commercial Real Estate Investment Summitoffice. retail. hotel. notes.
April 26, 2012 New York City Bar Association New York City
GreenPear l presents the 2n d Annual
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Title Sponsors Include:CCIM
IREM
Lee & Associates
Massey Knakal
Real Estate Weekly
Schulte Roth and Zabel
TerraCRG
Insert YOUR company name here
Welcome to the MASSEY KNAKAL COMMERCIAL REAL ESTATE INVESTMENT SUMMIT 3
2004 just called to say:“Real Estate is Back!”CAPITALIZE ON THE RECOVERY
As GREENPEARL continues to grow and bring thought-leadership events to commercial real estate professionals,we’d like to say thank you to all of our past attendees,sponsors, and partners. We look forward to seeing youat a future event.
HERE ARE SOME OF THE PROGRAMSYOU CAN LOOK FORWARD TO:
MULTIFAMILY SUMMIT WASHINGTON D.C.
Kellogg Conference Hotel • Washington, D.C. • May 17thCALIFORNIA MULTIFAMILY SUMMIT
Sheraton Gateway Hotel • Los Angeles • June 6thTHE TERRACRG BROOKLYN REAL ESTATE SUMMIT
St. Francis College • Brooklyn • June 14thSCHULTE ROTH AND ZABEL RESCUE CA PITAL FORUM
New York City Bar Association • New York City • October 23rdMASSEY KNAKAL MULITFAMILY SUMMIT
McGraw-Hill Conference Center • New York City • November 14th
Dear colleagues and friends,
It is my pleasure to welcome you to the 2nd Annual Massey Knakal
Commercial Real Estate Investment Summit.
This year, we will delve into the dynamics of the ever changing
marketplace to discuss financing, investment, development, and
specifics of Office, Retail, Hotel property segments, as well as Note
Acquisitions, Private Equity, and Debt Capital for acquisitions and new
development.
We have assembled panels comprised of some of the finest in the
industry, and we are pleased to have Scott Rechler, Chairman & CEO of
RXR Realty, and Mike Fascitelli, CEO of Vornado Realty Trust, as our
keynote speakers. Both of their companies are incredible players
shaping today’s marketplace. RXR is one of the New York Tri-State area’s
leading real estate companies with over $3.5 billion of assets under
management invested in a portfolio of 105 operating properties
encompassing 15.0 million square feet. Vornado owns or controls over
65 million square feet of real estate including 19.2 million square feet in
Midtown Manhattan alone.
Working under the Massey Knakal Territory System™, we recognize that
the NYC commercial real estate market is one that is multifaceted. I
hope we can learn from each other’s expertise to make our unique
market even stronger.
Very Truly Yours,
Paul Massey
Chief Executive Officer, Founding Partner
Massey Knakal Realty Services
NYC's #1 Building Sales Firm
Photos and presentations will be posted online after the event.
www.greenpearl.com/event-archivesAnd, meet past attendees of GreenPearl’s Real Estate Conferences by
following GreenPearl Events on Facebook, LinkedIn, and Twitter.
REGISTER EARLY
With early bird and advance rates, you can save up to $300 off the cost of a single event.
EVENTS ARE CONTINUOUSLY ADDED
Please visit www.greenpearl.com for a full list of programs, updates, and to register.
SPONSORSHIP, SPEAKING AND EVENT INQUIRIES
Please contact events@greenpearl.comor 646-862-9393.
� Principal - Equity Investment� Principal - Debt Placement� Principal - Asset Management� Attorney� Brokerage� Service Provider� Other
Massey Knakal Commercial Real Estate
Investment Summit Breakdown Of Industry Roles
WEDNESDAY, APRIL 25THPark Avenue Tavern | 99 Park Avenue (At 39th Street) | New York, NY
Track B - Evarts RoomRetailMLS.com: The Future of Retail Leasing
Ben Zises, Chief Executive Officer, RETAILMLS.COMSam Zises, Chief Marketing Officer, RETAILMLS.COMJared Epstein, Vice President, AURORA CAPITAL ASSOCIATES
About this workshop:Get a live presentation and product demo from Ben Zises, Founder & CEO of RetailMLS. Launching in a closed beta release in May, RetailMLS is the most comprehensive and user friendly multiple listing service (MLS) dedicated exclusively to the retail real estate market.
Track C - Tweeds RoomTransaction Financing Strategies: Unlocking the Power of a 1031 Exchange
David Gorenberg, Senior Vice President, CITIBANK
About this workshop:Transaction attorneys and building owners considering a sale should attend:• Transactions: Property transactions and the rules of “incidental property”• Benefits: How to maximize tax benefits, plus personal property implications• Restrictions: What not to do in a delayed exchange• Protect Yourself: Effects of Qualified Intermediary Fraud and Bankruptcy• Examples: Real-life case studies and creative exchange solutions
9:30 AM – Main Meeting Hall Morning Keynote AddressMichael Fascitelli, President & Chief Executive Officer, VORNADO REALTY TRUST
9:00 AM – Main Meeting HallOpening Remarks & CRE Market UpdateRobert Knakal, Chairman, MASSEY KNAKAL REALTY SERVICES
8:00 AMRegistration & Networking Breakfast in Exhibit Hall
10:00 AM Concurrent Session – (Choose Track A or B or C)
Track A - Main Meeting Hall
Debt Financing for CRE Acquisitions: A comparative discussion of debt sources for acquisitions, investment, and
new development, including capital sources from CMBS, life company money, commercial banks, alternative lenders, and more.
Moderator: Garrett Thelander, Partner, MASSEY KNAKAL REALTY SERVICES
5:00 - 7:00 PMVIP Cocktail Reception (By Invitation Only)A reception for sponsors, speakers and special guests hosted by Massey Knakal Realty Services
THURSDAY, APRIL 26THNew York City Bar Association | 42 W. 44th Street (At 6th Avenue) | New York, NY
James Brusco, Associate Director, METLIFE REAL ESTATE INVESTMENTSIvan Kaufman, President, ARBOR REALTY TRUSTChristopher Kelly, Managing Director, CAPITALSOURCE
Michael Medvin, Managing Director & National Head of Originations, AIGAnthony Orso, Chief Executive Officer, CANTOR COMMERCIAL REAL ESTATE
11:00 AM Networking Break & Refreshments in Exhibit Hall
4 Conference Agenda
Columbus SquareNew York, NY500,000 SF Retail Portfolio
$280,000,000Balance Sheet Financing
U.S. Steel TowerPittsburgh, PA
$220,000,000Conduit Financing
1551 BroadwayNew York, NY25,600 SF Retail Property
$180,000,000Conduit Financing
Hotel ChelseaNew York, NY175,900 SF Hospitality Property
$85,000,000Balance Sheet Financing
North Elston AvenueChicago, IL178,700 SF Shopping Center
$66,000,000Balance Sheet Financing
Recent Financing Highlights
New York Office1 Battery Park Plaza 26th FloorNew York, NY 10004 Tel: 212-972-3600 Fax: 212-612-0100
New Jersey Office485 Route 1 SouthBuilding F, Suite 110Iselin, NJ 08830Tel: 732-301-3200Fax: 732-301-3299
Florida Office2385 Executive Center Dr. Suite 400Boca Raton, FL 33431Tel: 561-367-0005Fax: 561-367-0099
Illinois Office8170 McCormick BlvdSuite 220Skokie , IL 60076Tel: 773-439-1200Fax: 773-439-1299
California Office2173 Salk Ave.Suite 250Carlsbad, CA 92008 Tel: 858-964-0300 Fax: 212-201-5141
California Office2029 Century Park EastSuite 1400Century City, CA 90067Tel: 310-867-2300Fax: 310-867-2350
Maryland Office7600 Wisconsin Avenue Suite 800Bethesda, MD 20814Tel: 240-507-1919Fax: 410-504-5748
In 2011, Meridian proudly advised on nearly 2,800 real estate
or to
Route 17 NorthParamus, NJ125,000 SF Retail Property
$23,350,000Balance Sheet Financing
West 14th StreetNew York, NY61,000 SF Mixed-Use Property
$55,000,000Conduit and Mezzanine Financing
Steelworks LoftsBrooklyn, NY110,000 SF Mixed-Use Property
$28,400,000Construction Financing
Relationship Driven. Execution Focused.
www.meridiancapital.com
Track A - Main Meeting Hall
Office Property All-Stars: Leasing, Acquisitions & New Developments
Moderator: Jeffrey Lenobel, Partner & Chair of the Real Estate Department, SCHULTE ROTH & ZABEL
11:30 AM Concurrent Session – (Choose Track A or B or C)
Track B - Evarts RoomHotel Market Activity: Limited, Select, and Full Service Opportunities
Moderator: Paul Massey, Partner, MASSEY KNAKAL REALTY SERVICES
Patrick Denihan, Co-Chief Executive, DENIHAN HOSPITALITY GROUPRobert Hazard, III, Acquisitions & Development, HERSHA HOSPITALITY TRUSTAbraham Hidary, President, HIDROCK REALTYWilliam Obeid, President & Chief Executive Officer, GEMINIPunit Shah, President & Chief Operating Officer, LIBERTY GROUP OF COMPANIES
Track C - Tweeds RoomBuilding Management Workshop: Show Me The Money
David Unger, Chief Operating Officer, U.S. ENERGY GROUP
About this workshop:The key to reducing energy usage is to proactively manage your buildings. In thissession, David Unger, COO of US Energy Group, demonstrates five simple steps totake in order to have complete control over a building portfolio, reduce energyusage, and prove savings.
12:30 PMNetworking Luncheon
1:30 PM – Main Meeting HallRetail Market Activity: Where the Consumers & New Tenants are in 2012
Moderator: Benjamin Fox, Executive Vice President of Retail Leasing, MASSEY KNAKAL REALTY SERVICES
2:30 PMNetworking Break & Refreshments in Exhibit Hall
3:00 PM – Main Meeting HallNote Acquisitions and Distressed Situations: Buying, Trading, Loaning to Own, and Getting the Keys
4:00 PM – Main Meeting HallAfternoon Keynote AddressScott Rechler, Chairman & CEO, RXR REALTY
Michael Alpert, President, ASHKENAZY ACQUISITION CORPORATIONMichael Berfield, Senior Vice President, EQUITY ONEMichael Happel, Managing Director, AMERICAN REALTY CAPITAL
David Robinov, Managing Director, ACKMAN ZIFFJoseph Sitt, Chairman & Chief Executive Officer, THOR EQUITIES
Moderator: Steve Palmese, Director of Sales, MASSEY KNAKAL REALTY SERVICES
Sean Dalfen, Principal & Executive Managing Director, DALFEN AMERICA CORP.Ziel Feldman, Managing Principal, HFZ CAPITAL GROUPWayne Olson, Chairman of Real Estate Practice, MARGOLIN WINER & EVENS LLP
Jonathan Schultz, Managing Principal, ONYX EQUITIESMichael Shah, Principal & Chief Executive Officer, DELSHAH CAPITALRobert Verrone, Principal, IRON HOUND MANAGEMENT COMPANY
Nicholas Bienstock, Managing Partner, SAVANNADaniel Blanco, Chief Operating Officer & Principal, BROAD STREET DEVELOPMENTRobert Lapidus, President & Chief Investment Officer, L&L HOLDING COMPANY
Bruce Mosler, Chairman – Global Brokerage, CUSHMAN & WAKEFIELDMitch Rudin, President, U.S. Commercial Operations, HIDROCK REALTY
4:30 PMPost-Event Cocktails & Networking
6 Conference Agenda
Founded in 1991, Meridian CapitalGroup, LLC is one of the nation’slargest commercial real estate fi-
nance and advisory firms. Meridian has arranged more than $120 billion ofcommercial real estate debt, including more than 27,500 transactions in 42states. The firm is headquartered in New York with offices in New Jersey,Maryland, Illinois, Florida and California. Working with a broad array of capi-tal providers, Meridian arranges financing for transactions ranging from$500,000 to more than $500 million for multifamily, co-op, office, retail,hotel, mixed-use, industrial, healthcare, student housing, self-storage andconstruction properties. www.meridiancapital.com.
Thank You to Our Summit Sponsors and Partners
Massey Knakal is the New York metropolitan area’s premier full service sales company, specializing in the sale of investment and user properties. With over 100 employees, four offices and thorough coverage of the five boroughs of New York City, Westchester County, Long Island and New Jersey,Massey Knakal Realty Services dominates the New York metropolitan area’s building sales marketplace. For over two decades, Massey Knakal has focused exclusively on the New York
metropolitan area, building strong relationships within the neighborhoods we represent and developing an extensive database of customers that includes all of the major investors, institutions, agencies and individuals that are active in real estate in the area. Our dedication to neighborhood knowledge and relationship building is a source of continuing pride and success for Massey Knakal, and through our Territory System™, our agents have partnered with sellers throughout the city to close over 2,000 transactions, with an aggregate value of approximately $10 billion since 2001.
Margolin, Winer & Evens LLP is one of thelargest accounting and business advisoryfirms in the Northeast. Since 1946, MWE has provided expert advice to a cross-section of the real estate industry, including developers, owners and operators
of commercial, industrial, retail and residential properties, as well as financial institutions and individual investors. Our expertise covers a widerange of applications from rental and mixed-use facilities to cooperatives,condominiums, community developments, hospitality, recreational and special purpose facilities. MWE’s leadership in providing services to the real estate industry is based on a conviction that we serve a dual role as accountants and business and financial advisors. Our goal is to assistclients in structuring sound real estate transactions, as well as developingeffective tax and finance strategies that address their overall business and financial objectives.
Consider Citibank’s Financial IntermediariesGroup. Firms that manage ‘other peoples’
money’—-such as title insurance companies, investment money managers,commercial real estate companies-—need bankers with specialized industryknowledge. Our dedicated group of financial intermediary professionals usea consultative approach and their particular expertise to provide their clientswith customer-centric banking solutions.
RetailMLS is the most comprehensive and user friendlymultiple listing service (MLS) dedicated exclusively to theretail real estate market. We have streamlined the processof marketing and searching for retail space by aggregatinglistings into an easy-to-use, standardized and low cost plat-form. RetailMLS provides retail professionals immediate ac-cess to the information needed to get to negotiations and
close deals faster. Stay tuned for our launch in the Summer 2012.
Schulte Roth & Zabel LLP is a multidisciplinary firm withmore than 450 lawyers and offices in New York, Washington, D.C., and London. Since the firm’s foundingin 1969, our focus has been on serving the financialservices industry. For real estate transactions, we organize a team of attorneys from the appropriate departments—tax, environmental, finance, etc. That
team, in turn, coordinates with the clients’ other professionals and advisersand, of course, with the client in determining how the transaction can bemost effectively and efficiently structured and closed. The real estate practice at SRZ also serve as a part of the Distressed Investment Group,which consists of over twenty partners, melds business reorganization, finance, business transactions and tax expertise to provide focused advice on every phase of distressed investing.
On the leading edge since1978, US Energy’s mission has been to help property
owners and managers conserve energy and reduce costs. Now, every prop-erty owner knows the world of energy use has changed forever and the days of cheap energy are long gone. The watchwords today are “operating efficiency” and “conservation”. Certainly, there are many energy conservation and money-saving products smart property owners and managers should consider, but Energy Management Systems (EMS), integrated controls, fuel measurement and delivery verification, and online monitoring are the essential “no-brainers.” They go to the heart of a property’s energy use — providing information, control and provable cost-saving results.
Thank You to Our Summit Sponsors and Partners 7
Retail MLSSM
YOUR COMPREHENSIVE MLS FOR RETAIL LISTINGS
Contact us to become a beta tester: 212.729.1041 or support@retailmls.comwww.retailmls.com
RetailMLS is the first multiple listing service dedicated exclusively to the retail real estate market.
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