On May 8th, Houston’s most prominent developers, investors, owners and operators came together at the 4th Annual Marcus & Millichap / IPA Multifamily Forum: Houston. Keynoted by Marvy Finger, this year’s program was carefully designed to deliver real-time market intelligence, showcase those spearheading some of the most complex and innovative projects and deliver tangible takeaways that you can apply to your business through peer-to-peer roundtable discussions. This year’s topics include new developments, the state of the market post-Harvey, upcoming regulations, how to best finance your projects and which submarkets have the best opportunities.

Check out the recap from the event and see more pictures here.

Marvy Finger Keynote

Keynote Speakers


Marvy A. Finger
President and CEO
The Finger Companies

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Stephen L. Klineberg
Professor of Sociology, Founding Director
Kinder Institute for Urban Research

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Featured Speakers


Eric Barvin
The Barvin Group

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Joseph Bramante 100x150

Joseph Bramante
TriArc Properties

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Jennifer Campbell
Associate Director
IPA Texas

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Stephen Costello 100x150

Stephen Costello
Chief Resilience Officer
City of Houston

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Steven DeFrancis

Steven DeFrancis
Chief Executive Officer
Cortland Partners

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Gina Erwin
GWR Management

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Ian Douglas 100x150

Ian Douglas
Chief Operating Officer
Allied Orion Group

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Jeffrey Fript
First Vice President Investments
Marcus & Millichap

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Diane Gilbert 100x150

Diane Gilbert-Guthrie
Senior Vice President, Operations
Asset Plus

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Manu Gupta 100x150

Manu Gupta
Managing Director
Indus Management Group

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Steve Hefner 100x150

Steve Hefner
SVP of Construction
Camden Property Trust

Neal HIggins 100x150

Neal Higgins
Vice President of Acquisition
KC Venture Group

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John Isakson

John Isakson
Chief Capital Officer
Preferred Apartment Communities

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Todd Johnson 100x150

Todd Johnson
Vice President of Operations
Caldwell Companies

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David H. Luther
First Vice President/Regional Manager
Marcus & Millichap

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Ryan McCord

Ryan McCord
McCord Development

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Jason Ormsby 100x150

Jason Ormsby
Stonewall Associates

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Chris Potavin 100x150

Chris Potavin
LEM Capital

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David Rendon 100x150

David Rendon
Vice President of Design & Construction
Thor Equities

Jackie Rhone 100x150

Jackie Rhone
Executive Director – Real Estate

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Jay Rippeto

Jay Rippeto
Chief Executive Officer
Juniper Investment Group

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Ricardo Rivas
Principal and Chief Executive Officer
Allied Orion Group

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Geoff Simpson

Geoffrey Simpson
Principal & CFO
Kaplan Management

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Steinbach-David 100x150

David Steinbach
Sr. Managing Director & CIO

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Lee Zieben 100x150

Lee Zieben
Founder and President
Zieben Group

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Cyrus Claffey

Cyrus Claffey
Chief Executive Officer

Michael D’Onofrio
Managing Director
Engineered Tax Services

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John Hammond new 100x150

John Hammond
President & CEO
Riverway Title

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James Hill 100x150

James D. Hill
House + Partners

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Jay Porterfield
Principal – Agency Lending
PGIM Real Estate Finance

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John Sebree

John Sebree
First Vice President/National Director – Multifamily
Marcus & Millichap

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Featured Participants

Swapnil Agarwal

Swapnil Agarwal
Founder & Managing Partner
Nitya Capital

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Abe Bhimani

Abe Bhimani
Founding Partner
Mosaic Residential

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Kevin Kirton

Kevin Kirton
Chief Executive Officer
Buckhead Investment Partners

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Bryant Nail

Bryant Nail
EVP – Multifamily

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Ryan Reyes

Ryan Reyes
Senior Director
Avesta Holdings

Shayn Robinson

Shayn Robinson
Darrow Multifamily Properties

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An Emerging Era of Growth

Houston is one of the most resilient cities in the United States. In the aftermath of one of the most costly hurricanes in the country’s history, its multifamily market is experiencing an apartment boom! The extensive damage from Harvey prompted a spike in absorption from displaced homeowners and renters, and reversed any pre-Harvey oversupply issues. While recovery was already underway prior to the storm, thanks to Harvey it was realized much sooner than anticipated. Therefore is Houston at risk of being overbuilt again? What happens when the displaced homeowners leave their rentals?

The 4th Annual Marcus & Millichap / IPA Multifamily Forum: Houston on May 8th, 2018 welcomes the city’s most active multifamily investors, owners, developers, financiers, deal makers and other industry professionals. Don’t miss the opportunity to find solutions to the most current and pressing challenges across the Houston market, to network with the highest-level industry leaders, and to learn the latest business strategies.

  • Hear from keynote Marvy Finger, Chairman & CEO of The Finger Companies.
  • Discover how Houston is preparing for future hurricanes from Stephen Costello, Chief Resilience Officer, City of Houston
  • Learn where the Houston multifamily market is now, where it is headed and how changes are dictating new strategies in investment, development and management.
  • Come meet with active investors and developers including top executives from Cortland Partners, Conti, Hines, McCord, and many others.
  • Get answers to your most pressing business questions and overcome challenges in acquisitions, financing, development, technology and more.


7:45 AM

Breakfast & Registration

8:00 AM

Peer-to-Peer Roundtable Discussion: Breakfast for Builders

8:55 AM

Opening Remarks


David H. Luther, First Vice President and Regional Manager-Houston, Marcus & Millichap

9:00 AM

Market Presentation – John Sebree, FVP & National Director, Multifamily, Marcus & Millichap

Learn how the Houston multifamily market compares to other key markets across the country. John Sebree, National Director of Marcus & Millichap’s National Multi Housing Group, presents the latest data on apartment property construction, demand, supply, pricing and more.


John Sebree, FVP & National Director, Multifamily, Marcus & Millichap

9:25 AM – 9:55 AM

Morning Keynote Fireside Chat

Dr. Stephen Klineberg, Professor of Sociology, Founding Director, Kinder Institute for Urban Research

10:15 AM

Barriers to Entry: Dawn of a New Day – Houston’s State of the Market & Development Outlook

Houston is recovering post-hurricane and entering a period of growth, unexpected after years of energy sector troubles. Multifamily investors and developers on the local, national, and international level have their eyes on Houston, a market that looks to be very strong relative to other markets around the country. How long will the new surge in opportunity hold up?

  • Compare and contrast: Downtown, Midtown, Pasadena, Inner Loop, Galleria, Midtown, Montrose/River Oaks, Medical Center, Katy, The Woodlands, Sugar Land, etc.
  • Post-disaster redevelopment opportunities: what to look for in distressed situations
  • Strategies for coping with rising construction costs and labor issues
  • Houston’s upcoming infrastructure overhaul and new floodplain regulations
  • Who is active and where they see future opportunities in Greater Houston



Jennifer Campbell, Associate Director, IPA


Ryan McCord, President, McCord Development
Jackie Rhone, Global Executive Director, Greystar Real Estate Partners
Ricardo Rivas, Principal & CIO, Allied Orion
Lee Zieben, President, The Zieben Group
James D. Hill, Principal, House + Partners

10:55 AM

Networking Break

11:25 AM – Track A

The World is Your Oyster: Re-Evaluation of Multifamily Investment & Financing Options

It’s a new era in multifamily investment and financing. So-called “gateway” cities are seeing a decline in investor interest as cap rates decline to historic lows. Investors that would not have been interested in Houston previously, are now taking notice, creating increased competition for deals. Meanwhile, changes to underwriting standards, perceived increase in risk and tax reform are creating new challenges. How are all of these changes ultimately affecting the ability to raise debt and equity capital for acquisitions or refinancing?

      • Recent changes in the mix of active capital sources: who’s in, who’s out
      • What you need to know about who’s lending and on what terms
      • How changes at Fannie Mae are reverberating through the capital markets
      • In what ways is tax reform changing investment and financing decisions
      • Benefits and costs of lending your capital instead of deploying it as equity



Chad Collins, Director, Marcus & Millichap


John Isakson, Chief Capital Officer, Preferred Apartment Communities
Chris Potavin, SVP-Acquisitions, LEM Capital
Geoffrey Simpson, Principal & CFO, Kaplan Management
David Steinbach, Sr. Managing Director & CIO, Hines
Jay Porterfield, Principal, PGIM Real Estate Finance

11:25 AM – Track B

New Lease on Life: Property Management Strategies, Innovation & Technology

As the overall pace of investment and development in apartments declines, an increasing emphasis on generating value through operational efficiencies and new revenue sources become more important. A flurry of new products and services has come onto the market in recent years, but which kinds of amenities, services and technology make the most sense, especially for those older properties with limited common areas to work with?

          • Changes you need to make in light of increased risk of severe weather events
          • Design features and amenities that work for B and C class properties
          • What works best when deploying shared work spaces in multifamily properties
          • What to know about internet based technology services for residents and managers
          • Best practices on activating your residents sense of community



Joseph Bramante, Chief Executive Officer, TriArc Properties


Gina Erwin, President, GWR Equities
Diane Gilbert-Guthrie, Senior Vice President/Operations, Asset Plus Companies
Manu Gupta, Managing Director, Indus Management Group
Cyrus Claffey, CEO, ButterflyMX

12:15 PM – Track A

Expanding Your Horizons: A Closer Look at Houston’s Diverse Value-add Opportunities

The term “value add” has become overused and abused, now representing everything from a property that simply needs a lick of paint, to highly risky opportunistic re-positionsings of distressed real estate. However, in a post-Hurricane world, greater Houston clearly presents properties that fall squarely in the middle of the concept, requiring significant (not risky) upgrades to bring the units and property up to 2018 standards.

          • Understanding per-unit upgrade costs and best practices
          • Weather-related changes to factor into your pro forma budgeting
          • Identifying opportunities and evaluating pricing ranges
          • Getting the skinny on who you are competing with for opportunities today
          • Maximizing upside while future proofing your property



Jeffrey Fript, First Vice President Investments, Marcus & Millichap


Eric Barvin, President, Barvin Group
Steven DeFrancis, CEO, Cortland Partners
Neal Higgins, VP of Acquisitions, KC Ventures
Jay Rippeto, CEO, Juniper Investment Group

12:15 PM – Track B

Paving the Way: A New Era in Construction & Design Solutions

While many cite that Hurricane Harvey overall did not have as bad an impact on the market as anticipated, the effect on construction was great. Due to a severe shortage of materials and laborers driven by competition from the single family sector and an extended boom in development nationwide, construction costs continue to rise precipitously. Further challenges arise as plans are in the works to rebuild Houston’s infrastructure, to better prepare for future storms, while multifamily construction will be subject to new rules.

          • New floodplain elevation requirements and what they means to you
          • How to master the competition for and cost challenges of construction labor
          • Exploring new design methods and modular construction to reduce time and costs
          • What you need to know about new design technology, including VR and AR
          • Best practices for construction management in today’s new reality



Ian Douglas, Chief Operating Officer, Allied Orion Group


Todd Johnson, Vice President of Operations, Caldwell Companies
David Rendon, Vice President of Design & Construction, Thor Equities
Steve Hefner, SVP of Construction, Camden Property Trust
Jason Ormsby, President, Stonewall Associates

1:00 PM

Networking Lunch

1:10 PM – Concurrent Session B

Lunch Workshop – New Trump Administration Updates: Federal, State and Local Energy & Specialty Tax Incentives

Presented by:

Mike D’Onofrio, Managing Director, ETS

1:10 PM – Concurrent Session C

Peer-to-Peer Roundtable Discussion: Multifamily Investors Private Lunch

1:45 PM

Special Presentation

Stephen Costello, Chief Resilience Officer, City of Houston

2:15 PM

Afternoon Keynote – Fireside Chat & Audience Q&A

Marvy A. Finger, Chairman & CEO, The Finger Companies

2:45 PM

Closing Remarks

2:50 PM

Attendee Reception

List of Attendees

  • 1995 Properties
  • ABCS Supply Co.
  • ACORE Capital
  • Adara Communities
  • AK Interests
  • AKD
  • Allen Harrison Company
  • Alliance Residential
  • Allied Orion Group
  • Alpor Properties
  • ApartmentData.com
  • Asset Plus Companies
  • Atlantic Pacific Companies
  • Austin Capital Advisors
  • Avendra
  • Avesta
  • Axcell Group
  • Basin and Eagle Properties
  • Bayou Vista
  • BGE
  • BNY Mellon Wealth Management
  • Bravo Capital Management
  • Breeze Realty
  • Bridge Partners
  • BridgeInvest
  • Brookfield
  • BSB Design
  • Buckhead Investment Partners
  • Burgess Construction Consultants
  • ButterflyMX
  • Cadence McShane Construction
  • Caldwell Companies
  • Camden Property Trust
  • Cascade Enterprises
  • Catalyst Equity Partners
  • CBG Building Company
  • CF Real Estate Services
  • Chicago Title Houston
  • City Bank
  • City of Houston
  • Clause
  • Climbing Fences
  • Comfort Systems USA
  • Commercial Building Consultants
  • Comm-Fit
  • Conti Organization
  • Cortland Partners
  • Court Square Real Estate Partners
  • CRG Properties
  • CVAL Group
  • Daiwa House
  • Dakota Properties
  • Darrow Multifamily Properties
  • David Cottrell Investments
  • Dell EMC
  • DeltaBahn
  • Diamond Asset Management 
  • Dryden Street Capital
  • Earth Engineering
  • EcoVest Capital
  • Endeavor
  • Engineered Tax Services
  • EZ Real Estate
  • Fannie Mae
  • Fidelity National NCS
  • Finger Companies
  • Flagship Capital Partners
  • FSI Construction
  • Gemstar Construction
  • Gensler
  • GenWealth Capital Group
  • GraKel Holdings
  • Grandbridge Real Estate Capital
  • Green Bank
  • Greystar
  • GWR Equities
  • GWR Management
  • Hamilton Zanze
  • Heathwood Enterprises
  • Hilltop Residential
  • Hines
  • Hoar Construction
  • HomeQuest Properties
  • Hometera
  • House+Partners
  • Houston Chronicle
  • HPA I Design Group
  • Humphreys & Partners Architects
  • Hunt Mortgage Group
  • IBI Group
  • IDS Engineering Group
  • Implicity Management
  • Indus Management Group
  • Inff Investments
  • Infinity Investments
  • Interfin
  • IPA
  • Jackson Ryan Architects
  • Jansen Adjusters International
  • JE Dunn Construction
  • JLB Partners
  • JLL
  • JSR Contractor
  • Juniper Investment Group
  • Kairoi Residential
  • Kalitera Assets
  • Kaplan Management
  • Katerra
  • KC Venture Group
  • Kentwood Apartments
  • Key Bank
  • Kimley-Horn & Associates
  • Kinder Institute for Urban Research
  • Kirksey Architecture
  • KP Wealth
  • Laye Asset Management
  • Legacy Texas Bank
  • LEM Capital
  • Lily Capital
  • Lloyd Jones Capital
  • LMI Capital
  • LNC Houston, Properties
  • LS Realty Advisors
  • Madison Title – Texas
  • MALIC Holdings
  • Marcus & Millichap
  • McCord Development
  • Meridian Capital Group
  • MFT Interests, GP
  • Midway Companies
  • Mission Shore Management
  • MLDC Management
  • Morgan Group
  • Mosaic Residential
  • National Realty Consultants
  • Niles Bolton Associates
  • Nitya Capital
  • NorthMarq Capital
  • Nova Asset Management
  • O’Connor & Associates
  • Old RepublicTitle
  • On the Mark Communications
  • One Real Estate Investment
  • Orion Real Estate Services
  • Page
  • Paradigm Tax Group
  • Performance Properties
  • PGIM Real Estate Finance
  • Pinnacle
  • PM Realty Group
  • Preferred Apartment Communities
  • Presidium Group
  • PRISM Renderings
  • Private Investigator
  • QE Properties
  • R.G. Miller Engineers
  • RADCO Residential
  • Realty Simplified
  • Rentlytics
  • RH Management
  • Richdale Management
  • Riverway Title
  • Roscoe Properties
  • Sabal
  • Sabal Capital
  • Salem Multi Family Partnership
  • SES Environmental
  • Shahda Investments
  • Shivehive
  • Sigma Asset Management
  • Slate Real Estate Partners
  • SMI
  • Sonoma Housing Advisors
  • Stallion Funding/Stallion Capital Management
  • Stantec
  • Steadfast Companies
  • Stepstome Realty
  • STG Design
  • Stonewall Associate
  • Strasburger & Price
  • Sumrok Multifamily
  • TAAS Investments
  • Tarantino
  • Te-Enterprise
  • The Brownstone Group
  • The Corp. for Interest Rate Mgmt.
  • The Finger Companies
  • The NuRock Companies
  • Thor Equities
  • Three Block Properties
  • Three Pillars Capital Group
  • Tokyu Land
  • Tzadik Management
  • Urban Genesis
  • Verde Communities
  • Veritas Equity Management
  • WA Development
  • Wallace Garcia Wilson Architects
  • Waterstone Defeasance
  • Webber Commercial Construction
  • White Oak
  • Wilson Cribbs & Goren
  • Windsor/IGD
  • Yad Investments Ltd
  • Ziegler Cooper Architects


Marcus & Millichap / IPA Multifamily Forum Houston 
Tuesday, May 8, 2018
7:45 AM – 3:50 PM

JW Marriott Houston
5150 Westheimer Road
Houston, Texas 77056

A block of rooms is being held at the JW Marriott Houston (5150 Westheimer Road | Houston, TX 77056) for Multifamily Forum attendees. You may make your reservation by clicking here to get the special rate of $205 plus tax.

The room block is available until April 17th or until the rooms sell out, whichever comes first!


Conference Chairs

Marcus & Millichap Logo

Founded in 1971, Marcus & Millichap is a leading commercial real estate brokerage firm focusing exclusively on investment sales, financing, research, and advisory services, with more than 1,700 investment professionals in offices throughout the United States and Canada. The firm has perfected a powerful property marketing system that integrates broker specialization by property type and market area; comprehensive investment research; a long-standing culture of information sharing; relationships with the largest pool of qualified investors; and state-of-the-art technology matching buyers and sellers. In 2016, the firm closed 8,995 transactions with a sales volume of approximately $42.3 billion.

Institutional Property Advisors

Institutional Property Advisors (IPA) is a unique platform created to support the needs of institutional and sophisticated private investors. IPA is centered around a select national network of institutionally qualified brokerage professionals and supported by a robust technology platform and highly regarded research. IPA’s unique combination of real estate investment expertise, industry-leading technology, superior support services and acclaimed research will offer customized solutions for the acquisition and disposition of institutional multifamily properties and portfolios.


Company Description: ButterflyMX is a mobile-first, cloud-first video intercom platform, installed in over 800 buildings throughout the country. Our plug and play installation allows you and your residents to get the enhanced security of video intercom with only two components, our outdoor rated front entry panel, and the residents’ smartphone. The guest would use our intuitive touchscreen to call the resident and the resident would receive a one-way video and two-way audio call and be able to grant access to the guest via their ButterflyMX mobile application.


Through a relentless pursuit of innovation, a steadfast commitment to quality, and active collaboration with clients, CBG has been delivering award-winning communities from coast to coast for more than 25 years. CBG’s professional construction team builds more than 4,000 homes each year, providing high-quality, responsive service backed by a significant bonding capacity and national resources. CBG’s experience spans a diverse portfolio of geographic areas and product types, including luxury, mixed-use, and affordable housing apartments, as well as campus housing, military family communities, and senior living facilities. Together, we draw on the knowledge gained through building more than 80,000 housing units since 1992. For more information, visit www.cbgbuildingcompany.com.


Engineered Tax Services (ETS) is a nationally licensed engineering firm with extensive experience in engineering-based specialty tax services yielding substantial tax incentives for companies of all sizes. ETS is one of the only qualified engineering firms with its own Professional Engineers, LEED Accredited Professionals, Certified Public Accountants, and Licensed Contractors on staff. ETS provides a full range of specialty tax incentives for real estate professionals including Cost Segregation, 263(a) Repairs vs. Capitalization, Disposition Studies, 179D EPAct, 45L, Utility Rebates and Refunds, Energy Audits, Modeling, and LEED Certifications. ETS averages over $44 million per month in refunds for clients, equating to hundreds of studies nationally. ETS is committed to providing the highest level of service and attention to detail in order to realize maximum benefits and ensure compliance of IRS guidelines. For more information, please contact us Engineered Tax Services at 800-236-6519 or visit www.engineeredtaxservices.com.


House + Partners provides access to a diverse and well-seasoned team of professionals operating in our Houston office. We offer a complete range of architectural services including facility programming, master planning, space planning, building design, construction documentation, construction administration, and post construction services. Our primary areas of practice are high density multifamily, senior living, office and warehouse, and, through two joint venture associations, educational and healthcare facilities. Our practice is based on long standing client relationships; we are particularly proud of the fact that we are called upon for repeat assignments because of our attention to detail and success in meeting difficult budget and schedule requirements.


In 1985, 13 of the industry’s leading public adjusting firms joined forces to bring property insurance policyholders who had suffered loss and damage a groundbreaking standard of recovery assistance. The new organization — Adjusters International — could put a team of top professionals virtually anywhere, at any time, delivering an unprecedented level of expertise, experience, advocacy and service to help insureds recover from property losses that were frequently disastrous in scope.

Over the years, Adjusters International has become one of the largest and most respected organizations in its field, today with over 40 offices throughout the United States and Canada. It has helped policyholders of all types recover from many of the worst natural and man-made disasters.

In 1996, Adjusters International recognized the need to provide the same level of expertise, advocacy and service to eligible government entities and not-for-profit organizations that had suffered a disaster and were seeking recovery under FEMA’s public assistance grants program — guiding them through the complicated application process.

From terrorist attacks to hurricanes, explosions to earthquakes, fires to floods, Adjusters International has been instrumental in putting clients on the road to recovery with both public adjusting services and the disaster recovery grant process.

In 2016, Adjusters International again expanded its offerings to include disaster preparedness and resiliency services in advance of a disaster. To accomplish this new direction, AI joined with Tidal Basin Group, a national emergency management and disaster recovery consulting firm with unique knowledge and experience in the areas of emergency and disaster preparedness, planning, response, recovery, mitigation management and funding.

Adjusters International and Tidal Basin are now one organization — peerless in its ability to provide a Total Solution® for disaster preparedness and recovery, whether the need involves government grants or property insurance claims.

Our disaster preparedness and recovery services are provided under the Tidal Basin name.

Our adjusting services continue to be delivered by our licensed regional public adjusting firms, under the Adjusters International umbrella. Many of those firms are family owned and been operating for decades in their respective markets, providing personalized service and proven expertise in advocating for the best possible financial recovery for their clients.


PGIM Real Estate Finance, the commercial mortgage business of PGIM, the trillion-dollar global investment management business of Prudential Financial, Inc. (NYSE: PRU), is an international full-service, commercial and multifamily mortgage finance business with more than $88 billion in assets under management and administration as of Dec. 31, 2016. Leveraging a 140-year history of real estate finance, the company offers one of the most comprehensive lines of real estate finance products and originates loans for Fannie Mae DUS:registered:, Freddie Mac and specialized affordable housing programs; FHA; Conduit; Prudential’s general account; and other institutional investors. For more information, please visit http://www.pgimref.com.


Rentlytics delivers the leading Software-as-a-Service (SaaS) data analytics platform to the multifamily real estate industry. Headquartered in San Francisco, Rentlytics was founded in 2013 to solve the core analytical challenge of modern multifamily businesses today: bringing all of the data important to your portfolio into one place, making it easy to analyze and act on. Today, Rentlytics helps many of the world’s largest multifamily real estate investors and managers leverage data to drive better portfolio performance and grow returns.


Riverway Title Company provides comprehensive title insurance, underwriting and closing services to the commercial and residential real estate industries and is committed to providing the highest quality title solutions regardless of the size or complexity of your real estate transaction. We value our customer relationships and continually work to maintain them through consistent, responsible and knowledgeable service. Our dynamic team is comprised of highly-qualified, responsive closing professionals with a wealth of experience spanning decades in the title industry. It is our goal to create a culture of support and teamwork among our clients and our associates.

STG Design

STG Design is an architecture, interior design, and planning firm with offices networked across three cities; Austin, Houston, and Nashville. Our integrated approach to design is built on the foundational belief that successful spaces are designed from the inside-out. For each project, our team of highly creative and licensed professionals collaborates side-by-side with developers and municipalities to find common ground where the ultimate goal is to improve the human experience and the communities where we live, work and play.

Our work is focused in the following market sectors: workplace, multifamily, mixed-use, hospitality, arts/community, healthcare, education, industrial, and master planning.
Founded in 1976; 40+ years.
100+ professionals; 38 professional staff
9 Languages spoken

Get Involved Next Year!

Conference Producer:

Rachel Golden
(347) 689-4706


Scott Milliken
(646) 862-9912

Sponsorship & Exhibiting:

Amber Collins
(646) 783-3937