3rd Annual REAL Symposium – January 29, 2014

Program Schedule of Events

12 noon – 1 p.m. 

Registration

1 p.m. – 1:15 p.m. 

Welcome Remarks

1:15 p.m. – 2:30 p.m.

Featured Panel 1: Silicon Valley’s Paradox of Prosperity: The Challenges Associated With Growth

Silicon Valley has been a key driver of the California and national economics for decades. Does ongoing growth in Silicon Valley, and its densification, challenge the long-term health of Silicon Valley and its real estate market? How does this growth impact your client’s ability to negotiate its needs? What threatens to undermine Silicon Valley’s unique ecosystem on innovation, youthfulness, cooperation, risk taking, and progress? How will the current and future closed-in mega campuses impact Silicon Valley and how will these trends impact your clients? Given the lack of affordability and congestion in Silicon Valley, will other markets in the Bay Area capture overflow from the Valley, or is it still essential to have a Silicon Valley address? Can the magic of Silicon Valley be exported to other areas of the United States or internationally? Learn about real property law issues while understanding the challenges associated with the growth in Silicon Valley.

Moderator:

Russell Hancock, President, Joint Venture Silicon Valley

Panelists:

  • Fred Diaz, City Manager,City of Fremont
  • Carol Dillon, Partner,Bingham McCutchen, LLP
  • Rob Hollister, President of Real Estate,The Sobrato Organization
  • Egon Terplan, Regional Planning Director,SPUR

2:30 p.m. – 2:45 p.m.

Break

2:45 p.m. – 3:15 p.m.

Keynote Speaker: Eli Khouri
Executive Vice President and Chief Investment Officer, Kilroy Realty Corporation

Mr. Khouri has been responsible for the performance of Kilroy’s investment activities and capital allocations including acquisitions, development, redevelopment and dispositions since January, 2011. Prior to that, he held positions at: Vesta Industrial, a leading developer and operator of state-of-the-art industrial and distribution properties across Mexico; Broadreach Capital Partners, a private real estate investment firm focused primarily on western U.S. commercial assets; and Spieker Properties. Mr. Khouri graduated from Stanford University in 1982.

3:15 p.m. – 3:30 p.m.

Break

3:30 p.m. – 4 p.m.

Keynote Speaker: Robert Hall
challenges to Monetary Policy: Weak Economy and the Danger of Deflation

As the new chair of the Federal Reserve Board takes power, monetary policy has fallen short of its two basic goals: maintaining full employment and keep inflation at a low and constant level. More than five years after the financial crisis, employment is still weak and inflation is below target and showing signs of declining further. Professor Hall will describe the forces that account for poor economic performance and the outlook for improvement, with particular emphasis on the role of the Federal Reserve in the coming year.
Robert E. Hall is the Robert and Carole McNeil Joint Senior Fellow at Stanford University’s Hoover Institution and professor of economics. His research focuses on the overall performance of the U.S. economy, including unemployment , capital formation, financial activity, and inflation. He has served as President, Vice President, and Ely Lecturer of the American Economic Association and is a Distinguished Fellow of the Association. He is an elected member of the National Academy of Sciences and Fellow of the American Academy of Arts and Sciences, the Society of Labor Economists, and the Econometric Society. He chairs the Business Cycle Dating Committee of the National Bureau of Economic Research. He was a member of the National Presidential Advisory Committee on Productivity. For further information about his professional activities, visit his Stanford website, Stanford.edu/~rehall

4 p.m. – 4:10 p.m.

Break

4:10 p.m. – 5:15 p.m.

Featured Panel 2: Current Trends in Commercial Real Estate Finance: Debt, Equity and Everything in Between

The market for investing in real estate, and representing clients investing in real estate is undergoing dynamic changes. This panel will explore the perspectives of executives representing a diverse range of real estate investors, from traditional financial institutions to alternate providers of capital, and will consider issues such as the following: How does the current market differ from booms of the past? To what extent does investor appetite differ across product types (multifamily vs. industrial vs. office vs. retail)? What does the influx of alternative lenders mean for the market and for traditional financial institutions? Now that non-recourse debt is back, who’s getting it, how did they get it, and what about me? Hear these issues and trends directly from industry participants so you can learn how to serve your clients more effectively.

Moderator:

Tony Toranto, Partner, Sheppard Mullin Richter & Hampton

Panelists:

  • Richard (“Rocky”) Fried, Managing Member(Real Estate),Farallon Capital Management, LLC
  • Mike Jameson, Managing Director,Prudential Mortgage Capital Company
  • Cynthia Wilusz Lovell, Executive Vice President & Division Manager Commercial Real Estate,Wells Fargo Bank
  • Jim Martin, Director of Commercial Real Estate Bridge Lending & JV Equity,Sabal Financial

5:30 p.m. – 6:30 p.m.

Reception Sponsored by Sheppard Mullin Richter & Hampton

REAL Symposium 2014 gratefully acknowledges the support of its sponsors:

  • Berbay Marketing & Public Relations
  • Bingham McCutchen
  • CEB
  • Commercial Real Estate Diversity Report
  • Gilchrist & Rutter Professional Corporation
  • Kawakami Barron & Lam LLP
  • McKenna Long
  • Menlo College
  • RB Capital Partners
  • Real Crowd
  • Real Estate Law Group, LLP
  • The Registry — Bay Area Real Estate
  • Rutan & Tucker LLP
  • San Francisco Business Times
  • Schiff Harden
  • Sheppard Mullin Richter & Hampton LLP
  • Silicon Valley Business Journal
  • Silicon Valley Business Journal
  • Timken Johnson
  • Torrey Pines Bank
  • Wells Fargo
REAL Symposium 2014 Planning Committee

  • Robert Miller, Timken Johnson, Program Co-Chair
  • Andy Walburger, SPIRE, Program Co-Chair
  • Elaine Andersson, Commercial Real Estate Diversity Report
  • Chris Bailey, RB Capital Partners
  • Jonathan Ball, Ball Law Corporation
  • Stephanie Carman, The State Bar of California
  • John K. Chapin, California Continuing Education of the Bar
  • Ann Cheney, Sheppard Mullin Richter & Hampton LLP
  • Christine Gregorak, Real Estate Law Group, LLP
  • Erica Hess, Berbay Corporation
  • David M. Hymer, McKenna Long
  • Skip Justman, Justman Associates
  • Michael Klein, Klein and Weisz
  • Rinat Klier-Erlich, Manning & Kass, Ellrod, Ramirez, Trester LLP
  • John Mackel, Larkspur Hotels
  • Julie Martinez, The State Bar of California
  • Brenden Millstein, Carbon Lighthouse
  • Scott Rogers, Rutan & Tucker
  • Donald C. Nanney, Gilchrist & Rutter Prof. Corp.
  • Mia Weber Tindle, Chevron Corporation
  • Tony Toranto, Sheppard Mullin Richter & Hampton LLP
  • Gillian van Muyden, Glendale City Attorney’s Office
  • Sandy Vance, Kimley-Horn and Associates, Inc.
  • Kenneth R. Whiting, Jr., Schiff Hardin LLP
  • Mary Work, Manning & Kass, Ellrod, Ramirez, Trester LLP