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Agenda
Day 1- September 20
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8:00 am
Registration, Networking & Continental Breakfast
8:20 am
Welcome and Opening Remarks
Conference
Chairmen: John Luna, President,
Property Condition Assessments, LLC
Thomas Clark, CIO, Property Condition
Assessments, LLC
8:30 am
Market and Locationing Analysis: Tools
for Locating the Most Promising Investment Regions and
Intersections
Evaluate the
criteria necessary to select the most promising markets and
locations. Discussion
topics include:
Demographics
Local / Regional Economic Drivers
Job Creation
Supply Constraints
Pricing
Tax Rate
Traffic Flows
Speaker:
Jayson Tipp, VP of Brand and Location Strategy,
AIRVISION
9:15 am
Pre-Emptive Due Diligence: Best
Practices for Sellers
Sellers
of commercial real estate are realizing that the
transaction process can be expedited and that higher
prices can be achieved by sellers commissioning due
diligence before they place their property on
the market. Issues to be addressed include:
Commissioning due diligence before placing property
on the market
Accelerating the selling process
Minimize / eliminate retrading issues
Drafting the reliance letter
Speaker:
Richard Plummer, Senior Director - Financial Services
Group, Cushman & Wakefield
9:45 am
Information Technology
Document
Management
Analyzing Information Flow
Public Records Research
Capitalizing on Data
Cost Savings
Revenue Enhancement
Speakers:
Thomas Clark, CIO, Property Condition Assessments, LLC
Jeff J. Manuel, Business Development, Real Capital Markets
10:05 am
Networking Break
10:25 am
Financial Due Diligence
Determine how
to estimate future cash flow, optimum debt loads, return on
investment, and the financial consequences of contingent
liabilities. Topics
include:
Leases
History of Lease Increases
Competitive Properties
Raising Equity
Managing Risk
Contending with Decreasing ROI and Decreasing Cap
Rates
Creative Financing
Investment Threshold
Income Statement Analysis
Insurance Coverages
Pending Litigation
Debt Repositioning Debt
Acquisition of Operating Properties (portfolios)
/detecting the dogs
Appraisal Process
Tenant Interview
Moderator:
Steven Gottlieb, MAI, Senior Manager, Deloitte Financial Advisory Services
Panelists:
Howard Freeman, Senior Investment Officer,
First Industrial Realty Trust
Robert Lapidus, President & Chief Investment
Officer, L&L Acquisition
James Egan, Managing Director, ING Clarion
11:20am
Physical Evaluation
Determine how a
buildings structure, architecture and engineering impact
investment worthiness. Topics
include:
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Architectural |
Plumbing |
| Vertical
Transport |
Structural |
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Engineering |
Fire-Life
Safety |
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Electrical |
Exterior
Envelope |
Moderator:
John Luna, President, Property Condition Assessments,
LLC
Panelists:
Christopher A. Wilson, AIA, SVP, LaSalle
Investment Management
Andrew Bauman, Executive Director & Senior Asset Manager for the Northeast,
Morgan Stanley
12:00 pm
Lunch
1:15 pm
Environmental Review
Determine
how to detect the presence of liabilities related to mold,
radon and asbestos and how to assess to cost of remediation as
well as associated liabilities.
Topics include:
Traditional Environmental Due Diligence Process
Lead-Based Paint
Asbestos / Radon
Mold / Moisture Infiltration
Infra-Red Theramal Imaging Technology
Innovative Technologies
Speakers: Bradley Fountain, V.P. Sales & Marketing, Connor Environmental
Speakers: Shari Solomon, Department Head Moisture Infiltration / Thermal Imaging Group,
Connor Environmental
2:00 pm
Title Insurance Considerations in the Purchase and Sale of Commercial Real Estate
Indemnity coverage
Duty to defend
Risk-elimination
Searches for title and liens
Structuring coveyance and financings to minimize transaction expense
Handling escrow as well as transfer and mortgage taxes
Special coverages - extended coverages, zoning, comprensive endorsements
Speaker: Christopher W. Burdick, Vice President & Underwriting Counsel,
Stewart Title Insurance Company
2:30 pm
Legal Environmental Considerations
EPAs new
All Appropriate Inquiry Rule Get some insights
as to how commercial property inquiries will change
to qualify under CERCLA and the 2002 Brownfield
Law
Shielding developers from liability from greenfields
Strategies for developing environmentally impacted properties
Forensic
Risk of knowing too much
Establishing innocent purchaser defense
Managing your consultant and environmental attorney
Speaker: Stephen L. Kass, Partner, Co-Director, Evironmental Practice Group,
Carter Ledyard & Millburn
3:15 pm
Networking Break
3:30 pm
Taxation
Listen to
innovative ideas surrounding tax liability management,
securing abatements and segregating asset
values in order to use favorable depreciation schedules.
Topics include:
Tax Structure
/ Tax Base
Segregating Value Different Depreciation Schedules
1031 Transactions
Tax Breaks Abatements
Speaker:
Wayne M. Olson, CPA, JD, Margolin, Winer & Evens LLP
4:15 pm
Tenant-in-Common
Learn about property selection, transaction structures, financing issues and current feedback from the IRS, SEC and NASD. Learn why Tenant-in-Common transactions are becoming increasingly popular. Topics include:
| TIC and DST Structures |
Securitization |
| Multiple Property Deals |
Securitization |
| Broker Relations |
Voting Rights |
| Disclosures/Due Diligence Concerns |
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Moderator: Wayne M. Olson, CPA, JD, Margolin, Winer & Evens LLP
Panelists: Brian E. Eliason, CEO, Eliason 1031 Properties Corporation
Timothy Snodgrass, JD, President, Argus Realty Investors, LP
5:00 pm
Adjournment & Cocktail Reception
*agenda
subject to change
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