april29-apartmentsummit21

2021 16th Annual Minnesota Apartment Summit

April 29, 2021

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Speakers & Agenda

Brent Webb

Development Executive

Mortenson Development

Dean Dovolis

Principal - CEO

DJR Architects

Jim Lockhart

Partner

Wipfli

Dannielle Lewis

Senior Manager

Wipfli

Matt Mullins

Vice President

Maxfield Research

Joyce Stupnik

President, Partner

BDH

Chris Sherman

President

Sherman Associates

Cory Bultinck

Partner

Wipfli

Thomas O'Neil

Vice President of Market Development

Colliers Mortgage

Keith Collins

Executive Vice President

CBRE

Josh Talberg

Senior Vice President

JLL

Ted Bickel

Senior Vice President

Colliers International

Grant Campbell

Senior Vice President of Investments

Centerspace

Nick Place

Chief Lending Officer

Bridgewater

Jason Wilsey

Vice President/Executive Shareholder

CSDZ

Tony Kuechle

President of Development

Doran Companies

Robb Bader

President

Bader Development

Michael Lowe

Vice President

TCF Bank

Brent Rogers

Owner

Saturday Properties

Evan Doran

Vice President of Development

Doran Properties Group

Ryan Sailer

Vice President of Development

Timberland Partners

Abe Roberts

Vice President Investments

Marcus & Millichap

Tina Burns

Senior Director, Real Estate

Greystar

Andy Finn

Vice President

NorthMarq Capital

Jackson Phillips

Partner

BXD Apartments

Leanna Stefaniak

Chief Real Estate Office & General Counsel

At Home Apartments, LLC

Steve Michel

President

Michel Commercial Real Estate

Josh Brandsted

President

Greco

Nick Murnane

Senior Manager, Real Estate Development

The Opus Group

Kent Roers

Co-Founder & Owner

Roers Companies

Nikolaus Hempel

Senior Manager, Cost Segregations

Wipfli

Liza Kapisak

Director of Interior Design

BKV Group

Dave Rasmussen

SVP

Grandbridge Real Estate Capital - Minneapolis

Christian Lawrence

Founder & CEO

Rise Modular

More Speakers to be Announced

8:00 AM

Critical Twin Cities Apartment Market & Demographic Update

Moderator: Keith Collins, Executive Vice President, CBRE
Josh Talberg, Senior Vice President, JLL
Ted Bickel, Senior Vice President, Colliers International
Grant Campbell, Senior Vice President of Investments, Centerspace
Tom O’Neil, Vice President, Colliers Mortgage
Matt Mullins, Vice President, Maxfield Research & Consulting
Abe Roberts, Vice President Investments, Marcus & Millichap
Steve Michel, President, Michel Commercial Real Estate

• Evolving Characteristics of Apartment Renters
• Key Demographic Shifts post COVID-19; Impact on Existing Inventory
• Which Submarkets are Now Favorable; What Happens to Urban Properties?
• With vacancies bouncing all over the place, how do you make sense of pricing rents and concessions?
• 2020 Investment Sales Recap: Was it a record year and what will 2021 bring?
• How has competition and demand for quality properties impacted CAP Rates and pricing in the market?
• What types of yields should you expect and what are the fundamentals today?

9:05 AM

Equity & Debt Solutions for Apartment Investors & Developers

Moderator: Dave Rasmussen, SVP, Grandbridge Real Estate Capital – Minneapolis
Nick Place, Chief Lending Officer, Bridgewater Bank
Jason Wilsey, Vice President, CSDZ
Michael Lowe, Vice President, TCF Bank
Andy Finn, Vice President, NorthMarq Capital

• What type of deals are Fannie & Freddie looking to target today?
• How has underwriting changed?
• Are agency lenders still #1 or are they leaving room for competition?
• What is the outlook for 2021 and beyond for lenders, buyers, sellers, developers, and investors?
• Who is lending on construction, and what are some alternative sources of capital?
• What types of governmental programs are available and how do I access them?
• Insurance costs harming your proformas and NOI

10:00 AM

Tax Reform, Opportunity Zones & PPP – How This Will Impact Your Business in 2021

Moderator: Jim Lockhart, Partner, Wipfli
Dannielle Lewis, Tax Manager, Wipfli
Nikolaus Hempel, Senior Manager, Cost Segregations, Wipfli
Cory Bultinck, Partner, Wipfli

• PPP Loan Forgiveness and PPP Round 2
• Other stimulus money you likely missed: SBA Loan Payments and Employee Retention Tax Credit
• Case studies in how to boost your benefits from the tax reform
• The increased Need for Cost Segregation with the tax reform: Bonus Depreciation is A Big Opportunity for Real Estate
• 1031 Like Kind Exchanges & Opportunities for Apartment Owners
• Latest Update on Opportunity Zones & Opportunities for Apartment Developers

10:35 AM

Impact COVID-19 on Building Design, Management and Operations

Moderator: Leanna Stefaniak, Chief Real Estate Office & General Counsel, At Home Apartments, L.L.C.
Brent Rogers, Owner, Saturday Properties
Tina Burns, Senior Director, Real Estate, Greystar
Josh Brandsted, President, Greco
Chris Sherman, President, Sherman & Associates

• Current market turnover and effect on buildings
• Collections and Evictions; Getting a Handle on the Effect of Moratoriums
• Tenant Expectations: Which types of services are new tenants demanding from owners?
• Leasing activities and how marketing apartments to tenants has changed
• Emerging trends in the Apartment Marketplace

11:20 AM

Developing, Designing & Building a Successful Apartment Project

Moderator: Liza Kapisak, Director of Interior Design, BKV Group
Tony Kuechle, President of Development, Doran Companies
Robb Bader, President, Bader Development
Evan Doran, Vice President of Development, Doran Family Development
Brent Webb, Development Executive, Mortenson
Nick Murnane, Senior Manager, Real Estate Development, The Opus Group

• Current and Planned Projects in Urban Markets Right Now
• Where is the biggest potential for growth in the Twin Cities – What are the drivers?
• What types of trending amenities (COVID-friendly) are important in today’s market?
• How design will impact project success of your market?
• Construction trends that all developers need to know
• The Benefits of Building a Strong Partnership with a Municipality

12:10 PM * This Segment does not offer CE

Developing, Designing & Building a Successful Suburban and Exurban Apartment Project

Moderator: Joyce Stupnik, President, Parter, BDH
Kent Roers, Co-Founder & Owner, Roers Companies
Jackson Phillips, Parter, BKD Apartments
Christian Lawrence, Founder & CEO, Rise Modular
Dean Dovolis, Owner, DJR Architects
Ryan Sailer, Vice President of Real Estate Development, Timberland Partners

• Current and Planned Projects in Suburban Markets Right Now
• Current and Planned Projects in Rural Markets Right Now
• What types of trending amenities (COVID-friendly) are important in today’s suburban / exurban market?
• Where is the biggest potential for growth in Outstate Minnesota – What are the drivers?
• Is Volumetric / Modular Going to be the go-to Construction Method for Multifamily?

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Radisson Blu Mall of America
2nd Floor The Lakes Ball Room, 2100 Killebrew Drive, Bloomington, MN

April 29, 2021
8:00AM – 1:00PM

$99 – In Person
$39 – Virtual Viewing

* We will adhere to COVID regulations set by Governor Walz. If we are unable to host live, the price difference will be refunded to those who have registered in person and will automatically transfer to virtual attendance.