Multifamily Investment Summit – December 3, 2009

**Working Agenda: Sessions Titles and Times are Subject to Change**

For the complete, detailed agenda, click here

7:30 – 8:10 — Registration & Breakfast
8:10 – 8:15 — Opening Remarks
8:15 – 8:45 — Multifamily Demand Analysis & Review: The Shift from Homeowner to Renter and Related Demographic Trends

Arthur Cresce, Assistant Division Chief, Housing Characteristics, Housing and Household Economics Statistics Division, U.S. CENSUS BUREAU
with: Neil Gronowetter, Editor-in-Chief, MULTIFAMILY INVESTOR
8:45 – 9:45 — Multifamily Investment Opportunities in a Brave New World: Where are the Buying Opportunities, and How Will the Continued Lack of Debt Capital Impact Values Going Forward?

Moderator: Mike Kelly, President, CALDERA ASSET MANAGEMENT
Kevin Davis, Partner, AREA PROPERTY PARTNERS
Mason Sleeper, Principal, THE PRAEDIUM GROUP LLC
Mark Stern, Senior Vice President of Acquisitions, WATERTON RESIDENTIAL
Tim Wang, Ph.D., Vice President, Research & Investment Strategy, ING CLARION
Steve Zaleski, Managing Director, Multi-Housing Group, CB RICHARD ELLIS INVESTORS
9:45 – 10:00 — Networking Break
10:00 – 10:45 — Today’s Lending Environment: The Future of Fannie, Freddie & FHA: Will the GSEs and Alternative Lending Sources Remain Active in Multifamily?

Moderator: Gregg Winter, Founder & Managing Partner, W FINANCIAL FUND, LP
Sam Chandan, President and Chief Economist, REAL ESTATE ECONOMICS LLC
Michael Edelman, Managing Regional Director, FREDDIE MAC
Ralph Herzka, President and Chief Executive Officer, MERIDIAN CAPITAL GROUP
Mark M. Scott, Senior Vice President & Managing Director, NORTHMARQ CAPITAL
Joseph Stepchuk, Director for Multifamily Customer Management, Housing and Community Development, FANNIE MAE
10:45 -11:20 — Up Close with Gary Kachadurian of Apartment Realty Advisors
with: Ryan Slack, CEO, GREENPEARL EVENTS
11:20 – 11:30 — Networking Break
11:30 -12:20 — GreenPearl Debate: Rent Stabilized vs Luxury: Are Rent-Stabilized / Affordable Buildings Preferable for Owners and Investors Who Seek Steady Cash Flow, or Is High-End Still a Better Investment, Even in Today’s Climate?

Peter Von Der Ahe, Vice President, Investments, National MultiHousing Group, MARCUS & MILLICHAP [rent-stabilized—moderator]
Matthew M. Baron, Principal, SIMON DEVELOPMENT GROUP[luxury and rent-stabilized]
Ofer Yardeni, Managing Partner, STONEHENGE PARTNERS[luxury and rent-stabilized]
Christopher Albanese, Principal, THE ALBANESE ORGANIZATION [luxury]
Michael Vinocur, Principal, BUILDING EQUITY [rent-stabilized]
Edward Kalikow, President and Chief Executive Officer, THE KALIKOW GROUP [rent-stabilized]
12:20 -1:00 — Innovations in Marketing, Leasing & Property Management: Cost-Effective Strategies for Today’s Economy

Moderator: Brian Klebash, Director of Events, GREENPEARL EVENTS
John T. Economou, Treasurer, A.J. CLARKE REAL ESTATE CORP.
Colin Foster, Vice President of Sales and Marketing, VIRTUAL DOORMAN
Mitchel Maidman, President, TOWNHOUSE MANAGEMENT COMPANY
Mark Moskowitz, President and Chief Executive Officer, THE ARGO CORPORATION
Moses Sioni, Managing Director, SIONI & PARTNERS
James R. Wacht, President, SIERRA REALTY
1:00 – 1:40 — Networking Lunch
1:40 – 1:55 — Special Update: The State of the New York City Economy

Jason Bram, Senior Economist, Microeconomic and Regional Studies Function, FEDERAL RESERVE BANK OF NEW YORK
1:55 – 2:45 — Politics, Recession, Rent Stabilization: What are the Political Forces and Legislation at Play in New York City that Could Impact Real Estate?

Moderator: Lois Weiss, Columnist, NEW YORK POST
Andrew Hoffman, Chief Operating Officer, STONEHENGE MANAGEMENT, LLC
Robert Knakal, Chairman, MASSEY KNAKAL
Robert Nelson, President, NELSON MANAGEMENT GROUP, LTD.
Steven Spinola, President, REBNY
Niles C. Welikson, Esq., HORING WELIKSON & ROSEN, P.C.
2:45 – 2:55 — Networking Break
2:55 – 3:40 — Multifamily Development & Construction Outlook in the Face of Recession and Debt-Starved Environment

Moderator: Steven O. Goldschmidt, Licensed Broker, Senior Vice President, WARBURG MARKETING GROUP
Joel Breitkopf, Partner, ALCHEMY PROPERTIES, INC.
Charles J. DePasquale, Executive Vice President, NDR GROUP
Lisa Gomez, Executive Vice President of Development, L+M DEVELOPMENT PARTNERS
Robert D. LiMandri, Commissioner of the New York City Buildings Department, CITY OF NEW YORK
3:40 – 4:20 — The “Workout Panel:” Analysis and Review of Emerging Lending Sources, the Role of Special Servicers and Proactive Steps to Take in Today’s Climate

Moderator: Jack Rosenfield, Founder and Principal, LOAN RESOLUTION ADVISORS, LLC
Frank Cimino, Principal, FRANK CIMINO ENTERPRISES
Paul Fried, Managing Director, TRAXI
Scott Friedman, Vice Chairman, RIVIERE SERVICING LLC
Jeffrey L. Goldberg, Managing Partner, THE MILESTONE GROUP
Stuart M. Saft, Partner, DEWEY & LEBOEUF LLP
4:20
 — Multifamily Investment Summit: New York Concludes/ Cocktail Reception Begins
Concurrent Panel:
1:40-2:45		 — Multifamily Investment Alternative in Focus: Student Housing in the Northeast

Moderator: Brian Klebash, Director of Events, GREENPEARL EVENTS
Arthur Fefferman, President, AFC REALTY CAPITAL, INC.
Oliver Swan, Chief Investment Officer, CAMPUS HABITAT
Laura S.  Norman, Shareholder, GREENBERG TRAURIG, LLP
Shane Neuringer, Senior Vice–President — Acquisitions and Finance, SIERRA REALTY
Andrew A. Yaffe, Director of Acquisitions & Business Development, SALMANSON CAPITAL, LLC




Michael Edelman, Managing Regional Director, FREDDIE MAC
Ralph Herzka, President and Chief Executive Officer, MERIDIAN CAPITAL GROUP
Mark M. Scott, Senior Vice President & Managing Director, NORTHMARQ CAPITAL
Gregg Winter, Founder & Managing Partner, W FINANCIAL FUND, LP
[additional speakers to be named]