"Commercial Real Estate for Risk Managers"

 

Webinar

 

Date: Wednesday, July 22nd 2020

Time: 5:00 PM – 6:00 PM

 

Please join us on Wednesday, July 22nd 2020 for a virtual session which will discuss the state of the commercial real estate market by asset class with particular focus on hospitality and retail properties.
 
Topics will include:
 
  • The latest thoughts on stress in the lodging and retail sectors, and how market players are assessing risk and valuations with limited information on cash flows
 
  • Expected medium and longer-term impacts on the office sector given the possibility of population shift out of major cities, the preponderance of work from home arrangements, and the resulting (potentially) reduced space demand in central business districts
 
  • How government sponsored programs have impacted the CRE/CMBS markets (i.e. TALF, PPP, CARES, etc.) 
 
  • Knock-on impacts to the multifamily sector if the aforementioned population shift occurs, amid elevated unemployment rates, etc.
 

Speakers:

Mark Warner, Managing Director, Risk & Quantitative Analysis (RQA) Group, BlackRock

Mark Warner, CFA, is a Managing Director in the Risk & Quantitative Analysis (RQA) group at BlackRock. In July 2014 he became responsible for global risk management of commercial real estate exposures across both public fixed income and private equity real estate businesses. He joined BlackRock in 1993 and spent 21 years in the fixed-income division running the CMBS trading desk and managing client portfolios of securitized assets, primarily CMBS, ABS and MBS. Clients included insurance companies, mutual funds and pension plans. During those years in fixed income he partnered with BlackRock Solutions on the development of CMBS analytics to support alpha generation and risk management of commercial real estate debt exposures. Prior to BlackRock he was at Prudential Insurance from 1987 to 1993 and held positions in fixed income portfolio management and the commercial real estate debt division.

 

Mr. Warner is a former executive vice president and member of the Board of Governors of the Commercial Real Estate Finance Council (CREFC) an industry trade association that promotes best practices, data and reporting standards and dialog among real estate lenders, rating agencies and investors.

 

Mr. Warner authored the chapter entitled "Commercial Mortgage-Backed Securities Portfolio Management" in Whole-Loan CMOs, published by Frank J. Fabozzi Associates in 1995. He also co-authored the article entitled "The ABC's of CMBS" for the Pension Real Estate Association's Fourth Quarter 1996 magazine. Mr. Warner earned a BA degree in political science from Columbia University and an MBA degree in finance and marketing from Columbia University School of Business.

 

Ted Borter, Co-Head of the Real Estate Financing Group in the Americas, Goldman Sachs

Ted is co-head of the Real Estate Financing Group in the Americas. He is responsible for expanding and enhancing real estate client relationships through the commercial mortgage product. Ted provides strategic financing advice to real estate clients of the firm and sources and assesses opportunities in which Goldman Sachs will act as principal or agent with respect to secured financing.

 

Ted joined Goldman Sachs in 1997 as a vice president and was named managing director in 2002.

 

Prior to joining the firm, Ted worked at Citicorp for eight years in the real estate finance and capital markets groups.

 

Ted is a member of the International Council of Shopping Centers and the Urban Land Institute.

 

Ted earned a BA in Economics from Haverford College in 1985 and an MBA from Harvard University in 1989.

 

Daniel Evans, Partner, Real Estate Finance, Seyfarth

Clients turn to Dan to help them identify and work through legal matters that arise in connection with commercial real estate loans. He represents members of the lending and borrowing communities in connection with all aspects of commercial real estate finance, from loan originations and loan sales, to workouts and restructurings. His work emphasizes the structuring and closing of mortgage and mezzanine loan transactions, including capital markets, interim/bridge, construction, and balance sheet loans, across the United States.

 

During the course of his career, Dan has worked on a wide range of transactions—from small conduit deals to billion dollar credit facilities with several tranches of financing and preferred equity. He has worked on numerous financings of major office buildings, hospitality properties, retail and industrial centers, and multifamily properties, and is familiar with lender and owner concerns relating thereto.

 

Dan has also helped several clients establish lending programs and procedures, and drafted form loan documents in connection therewith.

 

Dan has a JD from the University of California, Hastings College of the Law and a BA from Lehigh University.

 

Moderator:

James M. Manzi, Senior Director, Global Structured Finance Research

James M. Manzi, CFA is a senior director on S&P Global Ratings’ Structured Finance Research team. The group publishes articles focusing on CMBS, CLOs, ABS, RMBS, and regulatory updates for market participants worldwide.

 

James, who joined S&P Global in January 2008, has some 20 years of experience in fixed income investment analysis and the structured finance markets. He has published industry primers in Frank J. Fabozzi’s Handbook of Finance and Handbook of Mortgage Backed Securities. Previously, James worked in the structured finance research group at Nomura Securities International.

 

James received a B.S. in Electrical Engineering, with a second major in economics, from Duke University in May 2000. 

 
 
 
**Registration can be done online by clicking here. If you prefer, you may submit your registration via fax (914-332-1541) with the following information: 

 

Registration/Invoice Form for the Wednesday, July 22nd 2020 Webinar: "Commercial Real Estate Risk Managers"

 

NAME: 

 

TITLE: 

 

DEPARTMENT: 

 

COMPANY: 

 

ADDRESS: 

 

CITY/STATE/ZIP: 

 

TELEPHONE: 

 

FAX: 

 

E-MAIL: 

 

Please select one:

__Members of RMA-NY Chapter: $10

__Non-Members of RMA-NY Chapter: $30

__DISCOUNT Join/Re-Join and Attend the Webinar: $65 (Memberships valid until 8/31/2021)

 

 

Payment Information:

__ Check Enclosed __Please charge my AMEX/Mastercard/Visa 

 

Credit Card Number: 

 

Expiration Date: 

 

Cardholder's Billing Address including postal code: 

 

Name: 

 

Signature: 

 

Policies:

Your membership category will be verified after receipt. If an adjustment is needed due to selecting an incorrect category at checkout, RMA NY Chapter is authorized to place a charge or credit on the card number supplied. All payments must be received prior to admission to meeting. THE OFFICIAL CUT-OFF DATE TO PRE-REGISTER is Tuesday, July 21st 2020. Cancelations must be received 48 hours in advance to qualify for a refund; cancelations after that time and no-shows are liable for payment. 

 

Phone: 914-332-0042 

Fax: 914-332-1541

Register Online at: www.rmany.org

RMA New York Chapter

25 North Broadway

Tarrytown, NY 10591