Derek Bottles

AvalonBay Communities

Hal Ferris

Spectrum Development Solutions

Bradley Karvasek

Equity Residential

Jason Martin

Fairfield Residential

Michael Nagy

Wood Partners

Kristin Ryan

Barrientos + Ryan

Emily Thompson

GMD Development

Kevin Wallace

Wallace Properties

Greg Wharton

IBI Group

Networking Breakfast

Opening Remarks

Multifamily State of Market: National vs. Pacific Northwest

John S. Sebree will present the current state of the market, comparing and contrasting trends across Pacific Northwest with other high-growth markets across the country. In addition to hard-hitting statistics, John will reveal the results of the proprietary owner survey that will show you what your peers are thinking with regard to their planned investment and divestment activity in the coming year.

Presented by:

• John S. Sebree, Senior Vice President, National Director, Multifamily, Marcus & Millichap

Special Presentation

Presented by:

• Matt Griffin, Principal & Managing Partner, Pine Street Group
• Rob Johnson, VP – Transportation, NHL Seattle

Demand vs. Feasibility: The Apartment & Condo Outlook from a Developers Point of View

Fundamentals such as wage growth, job growth, new companies setting up shop or expanding have made the Pacific Northwest one of the hottest multifamily markets in the country. Yet with record setting units being delivered each year, increased construction costs, rent control measures and affordability requirements are creating a pull effect making it difficult for deals to pencil out. While there are signals of a cooling off period in the near term, what does the market look like for apartment and condo development across the region over the next few years and what should be done now to prepare or capitalize on opportunity?

Moderator:

• Raymond Allen, First Vice President, Capital Markets, Institutional Property Advisors

Panelists:

• Evan Allegretto, SVP – Development, Intracorp Companies
• Jake McKinstry, Principal, Spectrum Development Solutions
• Tom Parsons, Executive Managing Director – WA Region, Holland Partner Group
• Matt Rosauer, Principal, Pine Street Group
• Brian Runberg, Principal, Runberg Architecture Group

Networking Break

The Game of Chess: Viewpoints from Active Equity Sources & Lenders on Multifamily in the Pacific Northwest

Equity sources and lenders have viewed the Pacific Northwest favorably due to its strong wage and job growth, a sentiment that’s gone on for nearly a decade. Yet with an excess in supply and skyrocketing costs have put untenable pressure on the bottom line causing deals to crumble even before they get off the ground. While there’s an abundance of dry powder and multifamily seems to remain the shiny coin, why are so few deals getting done? How can multifamily owners, investors and developers get creative with lenders and capital sources to get deals off the ground?

Moderator:

• Tony Solomon, First Vice President, Marcus & Millichap Capital Corporation

Panelists:

• Brett Blasingame, Principal, PGIM
• Billly Meyer, Managing Director – RE Lending, Columbia Pacific Advisors
• Bryan Meyer, Managing Director – Multifamily, Broadshore Capital Partners
• David White, Senior Vice President, Hanover Financial

The Making of Downtown Kenmore

Presented by:

• John Thatch, Senior Principal, Dahlin Group
• Kim Faust, SVP – Development, MainStreet Property Group
• Rob Karlinsey, City Manager, City of Kenmore

Networking Lunch

Hosted by:

Lunch Workshop – Tax Free Forever: New Information Just Released about Opportunity Zones and Tax Policy Changes

Join this workshop to get the latest updates and changes to Qualified Opportunity Zones just released out of Washington. Recent changes open up new avenues of value creation, real estate deal structuring, advanced tax credit and incentive strategies.

Workshop Leader:

• Mike D’Onofrio, Managing Director, Engineered Tax Services

Operational Prowess: The Best and Boldest in Multifamily Property Management Technology & Services

When tech jobs fuel job growth, operational leaders are on a rollercoaster of rising up to meet tenant expectations and downward pressure to shrink costs and increase income. Not only do operators needs to stay on their game with digital services and extraordinary amenities, but also more selective of investments and expenditures due to the potential of rental rates stagnating and possible cool down in the market. From units to common spaces to interacting with tenants, what are some of the best ways to stay popular among existing and future residents while reducing overall spend?

Moderator:

• David Madrid, Director – Real Estate, Blueground

Panelists:

• Kari Anderson, Principal, Thrive Communities
• Debbie Coombs, SVP – Property Operations West Coast, AvalonBay Communities
• Sheri Druckman, VP – Multifamily Management, Sares-Regis Group
• Preston Walls, Principal, Walls Property Group

Gaining the Upper Hand: New Value-add Strategies in the Rehab, Repositioning Game

Value-add opportunities that once existed in large volume are rare to find with the boom in multifamily rehab and redevelopment over the past decade. While some “bad apples” took an aggressive approach to the value-add game by increasing rent exponentially, the result is an undeniable tension between residents and government sentiment against multifamily and new rent control measures to limit rent increases. While value-add can still be a profitable business with the right formula, what are the newer ways to yield high returns in light of market conditions?

Moderator:

• Joel Deis, Sales Manager, Marcus & Millichap

Panelists:

• Chris Garvin, Principal, Cadence Real Estate
• Dave Kirzinger, Chief Executive Officer, Rise Properties
• Jesse Mack, Managing Director, Pacific Urban
• Pete Stone, Principal, Trinity Real Estate

Closing Remarks

Networking Reception

Active Ground-Up Developers Roundtable

This closed-door session brings together multifamily ground up developers and builders to share challenges in apartment and condo development, with the goal of exploring ideas and solutions to those challenges.