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Tuesday, June 16, 2009 (Day 1)
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7:30 AM
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Welcome Breakfast & Registration
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7:55 AM
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Welcome Remarks
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| Speaker(s) |
 Michael Desiato
Vice President & Group Publisher
ALM/Real Estate Media Group
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8:00 AM
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Special Capital Markets Update
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| Speaker(s) |
 Bruce G. Miller
International Director
Jones Lang LaSalle
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8:15 AM
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Real Estate Private Equity Funds: The End of an Era?
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| Speaker(s) |
 Scott Farb
Managing Principal
Reznick Group
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8:25 AM
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Panel:
State of the Chicago Market Town Hall Meeting
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Industry-leading investors, owners, developers, brokers and finance executives will attempt to answer important questions, including: How has the recession impacted overall market activity? What has been the response of the debt and equity markets, especially following the financial market gyrations in late 2008? What are the return requirements of equity providers in today’s environment, and what are the new requirements of debt providers? What's the outlook for leasing, investment and development, across the property types, both downtown and in the suburban markets. Hear from industry heavy-hitters in this "view from 10,000 feet" opening panel about the state of the market today—and what to expect in Q3, Q4 and 2010.
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| Moderator(s) |
 Shawn Mobley
President, Brokerage Services
Grubb & Ellis
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| Panelist(s) |
 Richard Blum
Executive Vice President & CFO
Fifield Companies
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 Vicki Noonan
Managing Director, Director of Leasing Midwest Region
Tishman Speyer
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 Bill Rolander, Jr.
Principal
The John Buck Company
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 Steve Stratton
Regional Managing Director
Jones Lang LaSalle
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9:15 AM
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Networking Break
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9:30 AM - 10:20 AM
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Session A - Select As Appropriate
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9:30 AM - 10:20 AM
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Elective:
A1 Forecasting Leasing, Investment and Development in the Industrial Market
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Chicago's industrial market is better fortified to resist the slings and arrows of the downturn than many others in the country. But there remain bumps on the road ahead to recovery. Availability has hit double digits and net absorption is deep in negative territory. This panel will assess the keys to improvement, covering access to capital, the possible return of sublease supply to the market, slowed construction and the ongoing landlord wars to compete for tenants and offer near-term stability.
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Moderator(s) |
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 J. Leonard Caldeira
Managing Director, Industrial Services
Jones Lang LaSalle
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Panelist(s) |
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 Jim Dieter
Executive Vice President, Industrial Brokerage, U.S.
Cushman & Wakefield
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 Lynn E. Reich, SIOR, CCIM
2009-2010 President
Society of Industrial & Office Realtors
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 Steven Schnur
Senior Vice President, Chicago Operations
Duke Realty Corporation
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 Don Schoenheider
Vice President & City Manager
Liberty Property Trust
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 Mike Yungerman
Vice President, Real Estate Development
Opus North Corporation
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9:30 AM - 10:20 AM
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Elective:
A2 Weathering the Storm: the Multifamily and Condo Market
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Amid a grim economy and employment pictures, as well as Daley administration plans to curb residential development in the Central and West Loop in favor of office space, there are bright spots in areas outside of downtown. But questions loom. When will soaring vacancy rates slow? What of the nearly 1,000 new apartments slated to open downtown by 2011, increasing supply amid thousands of already-unsold homes lying dormant or being auctioned off by developers? A panel of leading executives from both the "for rent" and condo sides of the business, including the developers building or converting, and the brokers selling buildings and units, will discuss the a turbulent market and offer their theories on a turnaround.
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Moderator(s) |
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 Brad White
Senior Vice President of Acquisitions and Development
The Habitat Company LLC
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Panelist(s) |
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 John Jaeger
First Vice President
CB Richard Ellis
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 Matthew Lawton
Executive Managing Director
Holliday Fenoglio Fowler
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 Gail Lissner
Vice President
Appraisal Research Counselors
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 James E. McLean
Executive Vice President and Regional Manager
Tishman Construction Corporation of Illinois
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 George E. Scott
Senior Manager, Transaction Real Estate
Ernst & Young LLP
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10:20 AM
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Refreshment Break
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10:35 AM
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Panel:
Opportunities in Distressed Assets and Restructured Finance
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With property values plummeting and banks holding nonperforming assets on their balance sheets, a number of funds have been formed to buy those distressed loans and assets at bargain prices. But how many distressed asset sales have actually taken place in Chicago--is it more talk than action? How much of a discount can distressed assets be purchased for now? What are the legal issues an investor should know before buying distressed assets? Will more distressed assets come to market in the second half of 2009? What about the CMBS market? Once a distressed asset is acquired, what is the game plan: hold or sell? This panel, featuring both local and national distressed asset experts, will answer these questions and forecast the market for distressed assets in 2009.
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| Moderator(s) |
 Bernard Haddigan
Senior Vice President / Managing Director
Marcus & Millichap
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| Panelist(s) |
 Leslie Andren
Senior Vice President, Special Assets Group
Bank of America
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 Debbie Corson
Principal
Apartment Realty Advisors
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 David Kessler
Office Managing Principal - Bethesda
Reznick Group
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 Jerry Ong
Principal
Jupiter Realty Corporation
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 Donald Shapiro
President and CEO
Foresite Realty Partners, L.L.C.
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11:25 AM
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Networking Break
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11:40 AM - 12:30 PM
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Session B - Select As Appropriate
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11:40 AM - 12:30 PM
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Elective:
B1 Downtown Office Outlook
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Downtown office tenants exercised caution when they considered they real estate needs in 2008 and leasing activity declined accordingly. This year, there may be an increase in overall vacancy rates this year within certain submarkets, flat or somewhat falling asking lease rates, a drop in construction activity and slow leasing activity. A panel of developers, owners, lenders and service providers will offer a candid assessment for leasing, investment and development within Chicago's core office market.
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Moderator(s) |
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 Eric N. Macey
Founding Partner
Novack and Macey LLP
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Panelist(s) |
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 Lisa Davidson
Executive Managing Director
Studley
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 Kyle Elfers
Vice President
The John Buck Company
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 Geoff Euston
Senior Vice President
U.S. Equities Realty
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 John Przybyla
Vice President/Regional Manager
Marcus & Millichap
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11:40 AM - 12:30 PM
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Elective:
B2 Suburban Office Outlook
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The credit crunch has caused landlords to offer for tenant improvements. Slack job growth has affected demand. Lingering questions about the market have slowed leasing activity. And major tenants are moving from the suburbs to the Central Business District. Is there any good news about the suburban office market? Sales volume could ride as capital market conditions improve, possibly as early as the end of this year, changing the "wait and see" attitude held by many current suburban office-market players. Those active in Chicago's suburban and exurban markets focus on the factors that spell recovery and what to look for in the year ahead.
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Moderator(s) |
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 Michael Flynn
Executive Vice President
NAI Hiffman
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Panelist(s) |
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 Fred Ishler
Senior Vice President
Transwestern
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 Joe Neverauskas
Senior Vice President
BPG Properties, Ltd.
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 Alexander C. Smith
Senior Director
Cushman & Wakefield
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12:30 PM
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RealShare CHICAGO Concludes
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