Sunday, May 1st
Tier 1 5:00 - 5:45 pm Registration for Exhibitors setting up a booth
Tier 2 5:45 - 6:30 pm Registration for Attendees staying at The Grand Hyatt Atlanta
Monday, May 2nd
Tier 3 7:30 - 8:00 am Registration for those attending the Small Group Meeting
Tier 4 8:00 - 8:20 am Registration for all other attendees, company name A-M
Tier 5 8:20 - 8:40 am Registration for all other attendees, company name N-Z
Registration for Exhibitors setting up a booth
Registration for Attendees staying at The Grand Hyatt Atlanta
Starting at 6:30 pm, after Sunday’s registration hours, join one another at the Onyx in the Grand Hyatt Atlanta for a casual beverage and extended networking opportunity.
*Please note this is a cash bar.
Registration for those attending the Small Group Meeting
Institutional partner recruitment, multi-market expansion your role as the company grows and your questions will be among the topics discussed at this investments-only forum
Registration for all other attendees, company name A-M
Registration for all other attendees, company name N-Z
• Where are relocation trends started during covid?
• How concerned are you of tax reform after 2021? How about the future of the infrastructure plan?
• When do values become unsustainable?
• Are demographic trends started over covid continuing?
• As moratoriums expire…
• Will capital inflows continue into hard assets and real estate?
• Where the institutions aren’t
• Are tenants less interested in buying homes? More interested in home rentals? What is the impact on multifamily?
• How are you looking at stabilized, cash flowing larger apartments with low cap rates?
• Are you playing in the below institution market? How?
• Policy on tenant evictions post-restricted vs. currently restricted markets
• Looking at “B/C’ markets… How about ex-urban and tertiary locations? What do you think?
• Partnering with smaller players and local operators
• Are you considering alternative residential rental real estate?
Survival and growth, defining personal and professional success and elevating the role of women will be among some of the major themes discussed. Bring your own questions as we make new acquaintances, re-connect with old ones and debate the top issues on your mind in this forum where your questions and insights are welcomed
• Key Drivers and trends in the Multifamily debt space
• Current interest rates and their impact on fixed vs. floating and other key financing choices
• Up-front fees and reserves
• Agency loans: Recent trends and changes to guidelines, underwriting, loan structuring
• What are clients doing to leverage lower interest rates?
• Do you have a minimum per door value for MF loans?
• Differences among debt sources
• How can you mitigate the risk of interest rates sharply rising before you can lock in your perm rate?
• Considering rent growth pre- vs. post-covid
• Millennials vs. boomers” What are the amenities each group are looking for?
• How has amenity use changed during the pandemic? How has this influenced your plans going forward?
• Why implement a Mobile Doorman?
• Is deploying smart home devices an incentive? Are Tech savvy tenants attractive for longevity
• Pushing technology to smaller buildings… What makes sense?
• Leak detection, HVAC and maintenance
• Rolling out technology upgrades to include locks, smart speaker, and video doorbell
• What kind of cable and utility deals are available? How much value can you add by running fiber to your development?
• How to evaluate training, implementation & support from the vendor of the staff
• Self-guided vs. broker-guided vs. virtual tours: Where’s the best ROI?
• The role of virtual showings and matching up your lease office hours to when potential tenants look at properties • The changing role of the leasing agent
• Touchless/seamless self-tour through move in and re-lease
• Pushing technology to smaller landlords… What makes sense?
• Evaluating a vendor’s support function
• Do tech savvy tenants stay longer? What do they look for?
• Re-upping the lease… How much tech, how much personal?
• Are rent concession necessary? Finding the right mix and level
• How much tech is too much?
• Evolution of a leasing agent: Changing leasing times and equipping staff with technological advantages and controlling what you previously
• Housing policy and where it is going • Amenities… What is just over the horizon?
• Impact of rates
• Work at home vs. the urban core
• AI, 5G and other cool stuff
• Future of property management
• Apartment design trends
• What is Gen “Z” looking for?
• The new customer experience
• How much green is there in green?
• Adopting IOT into the apartment
• How can you mitigate the risk of interest rates sharply rising before you can lock in your perm rate?
• Outside of rates, what’s been the biggest focal point in negotiations of loan terms with a sponsor?
• Should all loans be short-term so there are no prepayment penalties?
• Bridge construction in this environment
• Vetting syndicators vs. operators
• How has the pandemic affected your operations?
• Are the impacts of rent, eviction and foreclosure moratoriums still being felt?
• In what ways have you changed or streamlined your operations?
• Technology and property management savings: Where is the low-hanging fruit?
• Talk about 2022, what changes do you expect to make in order to succeed in the next year?
• Increasing pet revenue
• Cost effects of material shortages due to COVID19
• Benefits of using a 3rd parties due to labor/material shortages
• Streamlining your insurance claim operation
• How much tech is too much?
• How are you stressing deals?
• Are you looking to ramp up acquisitions this year?
• Given your strategy what is the highest cap rate you’d pay for a property?
• Are deals getting more competitive in areas where city dwellers are moving? Are prices dropping in the impacted areas?
• How are you differentiating yourself from competitive buyers?
• Are you finding any stalled developments? Any other distress?
• Where are you finding your deals? Off-market, brokers, auctions or other?
• What you need to find out about your target property’s insurance during the diligence process
• Evaluating different sources & the mix as rates trend up
• What are the key attributes to examine when evaluating lender and equity partners?
• PACE financing, solar credits and energy efficiency incentives
• What is crowdfunding looking like today?
• Are you approaching fundraising differently than in the past?
• What is agency financing looking like?
• Changing waterfalls, promotes, negotiations… What are the terms on the equity, mezz and preferred equity?
• How large does a deal need to start considering multi-tiered cap stacks?
• How do you think the markets you are in will perform? What are the demographics and economic trends saying? • There is lots of capital out there… Using OPM to grow
• Are valuations getting to rich? … Creative ways to combat
• Drive vs. fly markets: Comparing approaches
• What can you take in-house? What kind of services can you offer?
• Identifying your expertise and who you need to expand
• Expanding to other resi classes… How is single family rental, student and senior housing looking?
• How are your investors reacting to lower yields vs. riskier strategies? Institutional partners?
• Are you leveraging up?
• Going out to more aggressive value-add? “
• If yields continue to decrease what are your next steps?
• Systems and procedures needed
• What are the benefits? Is it worth the headaches?
• What skills are necessary on your team? Finding and retaining employees
• What kind of tech do you need?
•State level regulations that may surprise
• Economies of scale and how many properties do you need for it to make sense?
• What kind of insurance do you need?
• If you manage property management in-house what tasks within can you effectively outsource?
• Accounting and financial requirements
• Best practices in material sourcing and is there room for negotiation?
• How have you been “hacking” the supply chain to your benefit?
• How are you finding labor? How much does prefab help?
• When does it pay to get your own warehouse?
• Is all this a blip or long term?
• How much are you able to pass of to the renters?
• How much can technology improve the process?
• Using 3rd parties vs. In-house... What to look for in a contractor?
• What do you replace in a typical turn? Rehab? Reviewing best practices
• Should you go sustainable?
AKRU is a real estate tokenization platform. AKRU works with asset owners to create additional liquidity by tokenizing the asset and allowing investors to buy and sell tokens on our secondary platform. This entire process is done on the blockchain to create efficiency and reduce middlemen time drags and expenses.
Key Benefits for Asset Owners
· Additional Liquidity: Instead of refinancing, or selling the asset in its entirety, you now can create partial liquidity and still control the asset
· True Value Unlocked: Tokenization creates a liquidity premium and mitigates discount on marketability for real estate for their illiquid nature.
· Permanent Capital Structure: The process allows the asset owner to maintain a permanent capital structure
· Compliance Simplified: Compliance with regulatory bodies is handled by AKRU and centralized on our platform
· Easy Investor Management: Centralized through a portal on AKRU’s platform.
· Leverage for Investors: Through third-party partnerships with banks and institutions, AKRU will offer leverage for investors, bringing the debt from the asset side to the investor side.
We believe real estate investing should be simple and accessible to all, that is why we have created a platform that lowers the barriers of entry and offers a seamless experience for both investors and owners.
• Staying ahead of tech curve and adding in-demand smart home features
• Reconfiguring apartments for the post-covid renter
• Don’t forget common spaces: What is selling? What needs to be repurposed?
• Conversions from retail/office
• The internet-What are tenants asking for?
• Considering the type of building/market
• How has issues with supply chain/ labor issues effected your value-add strategy?
• Are the larger floorplans at existing buildings being sought after? How are they effecting or creating value?
• How is the parking lot changing?
• How the right risk management program can create value
Breakfast is served
• Role of inflation in rent growth
• How Is inflation impacting your deals? Hold times?
• What class of tenant has $$ to raise the rent? Where is the rent still “too damn high?”
• Local factors like occupancy level and rent control environment
• Are tenants still looking to renting upgraded and larger units?
• Valuation and underwriting deals in 2020 vs 2022 considering rent growth
• Stressing deal at different rent and leverage levels
• What can we expect of multifamily in a rising interest rate environment?
• Rising expenses on the cost side… How are you managing? Making up the $$ markets
• How can you mitigate the risk of interest rates sharply rising before you can lock in your perm rate
• When is it time to Sell the small ones to buy the big ones
• Comparing cap rates, risk vs. return and liquidity of big vs. small
• How close do properties need to be to share staff effectively?
• What is the ratio of personnel to doors?
• Best practices in scaling small multifamily
• Amenities that are cost effective in smaller buildings
• Modular construction
• Will working from home have the largest impact on inner-city, outer-city, suburban or tertiary properties?
• Impact on the demand of 2-bedroom homes? Smaller units
• Effect on common spaces
• In-apartment amenities
• From a design perspective…
• Class “A” vs. Class “C” space
• Easy enhancements on the tenant turn
• Any experimentation with co-working spaces in your apartments?
• Which common amenities have seen an increase in utilization that has continued?
• How is PropTech evolving?
Finding new financing partners is critical and in this session sellers will pitch 2 apartment deals to potential financiers followed by a question and answer period for each of the transactions
Tank Leader-Will moderate the panel
Jalal John Azar, Managing Partner/Founder Peak 15 Capital LLC.
Private Equity Players- Will evaluate projects, the deal structure and how much they will pay…
Zach Dovner, Vice President of Acquisitions Eastham Capital
Leonard Way, Senior Vice President-Fund Manager Beach Real Estate Funds
Jon Siegel, Co-Founder and Chief Investment Officer RailField Realty Partners;
Multifamily Owners/Operators-Will present the deals
George Connell, Founding Partner Castlegate Property Group
Casey Koenig, Director of Acquisitions Exponential Equity
• Where are you playing offense? Defense?
• How are you using census data?
• How are low cap rates impacting local liquidity? The local lending environment?
• What were some of the recent properties you bid on? How did it go?
• How would changes in federal tax law impact-1031s, capital gains etc. change your strategy?
• Are you playing suburban class b/c?
• How are payments going in different classes?
• Impact of local rent control, eviction moratorium and politics
• Pre-Covid vs. today’s occupancy, rent rates and local outlook
• In the city… Your favorite neighborhood/Out of the city… Your favorite suburb and ex-burb