Creative Bioarray
3rd Annual Deconstructing Deconversion Summit
Agenda
9:00 Panel 1
Moderator: Kathryn Kovitz Arnold
Practice Group Chair & Partner
Taft Stettinius & Hollister LLP
Mojca Anaya
IL State Escrow Lead
First American Title
Kelly Elmore
Principal
Kovitz Shifrin Nesbit
Andy Friedman
Multifamily Broker
Kiser Group
The Current State of the Deconversion Market
• Effect of 85% Requirement in Chicago on Market
• Covid-19 Effect on Market, Buildings and Deconversions
• Current Market for Financing Deconversions
• Current Closing Timing and Logistics
• Roles of Buyer, Brokers, Board and Association Counsel in Deconversions
• Pending Legislation
10:00 Panel 2
Moderator: Scott Weinstein
Attorney
Field & Goldberg LLC
David Bloomberg
Principal
Chuhak & Tecson, P.C.
Brian Karmowski
Director
Essex Realty Group
Gail Lissner, CRE, SRA
Managing Director
Integra Realty Resources
Sean Connelly
Managing Director
33 Realty
Issues in Deconversions
• Board Obligations to Unit Owners
• Methods of Purchase Price Allocation and Incentives
• Reserves, Objections and Having Sufficient Funds to Close
• Current Rental Issues and Enforcement Issues with Covid-19
• Managing Information Flow to Unit Owners
• Post-Closing Concerns – Methods for Addressing Pre-Closing Association Liabilities
Sponsors
Smith, Paulson, O’Donnell & Erickson, PLC
201 7th St W, Monticello, MN 55362, United States
Monticello
7632952107
Services Provided
Lawyers And Law Firm In Monticello MN
Company Description
We at Smith, Paulson, O’Donnell & Erickson provide big firm service with small-town values. Our clients come to us because of our experience, knowledge, experience, track record in and out of the courtroom, and our reputation for integrity and client satisfaction. We have deep roots in the community.
Chimney Sweep St Louis
Services Provided
Company Description
We specialize in full service chimney sweeping, restorations, repairs, Installations, Inspections, and emergency chimney services for St. Louis, Missouri.
Texas Capital Bank
Services Provided
Company Description
Texas Capital Bank is built to help businesses and their leaders. Our team of highly experienced bankers truly invests in clients' success — today and tomorrow, throughout all stages of the growth cycle. Texas Capital Bancshares, Inc. (NASDAQ®️: TCBI), a member of the Russell 2000®️ Index and the S&P MidCap 400®️, is the parent company of Texas Capital Bank. We are headquartered in Dallas, Texas, and work with clients across the country. For more information, please visit www.texascapitalbank.com. Member FDIC.
E.E. Reed Construction, L.P.
Services Provided
Commercial General Contractor
Company Description
Since 1977, E.E. Reed Construction, L.P. has steadily grown to become a contractor recognized for steadfast performance, unparalleled professionalism, and exceptional results. Today, our expertise encompasses virtually every project type including commercial office, value office, corporate interiors, hospitality/residential, industrial, healthcare/research, retail, and institutional.
Cameron Management
Services Provided
Company Description
The Cameron Management concept is to house all functions of owning and managing a commercial office property under one umbrella: ownership, property management, leasing, and engineering. This concept produces valuable synergies, which in turn help contain the overall cost of running a building. These lower costs are passed on to the tenants through well-managed operational expenses. It is Cameron’s philosophy to maintain particularly close relationships with its tenants so that they feel valued and their needs are responded to quickly.
IU, BAC. Local 21. Pointers, Cleaners, and Caulker's 'Tuckpointers"
Hector R Arellano
Director, of the Pointers Cleaners, Caulkers "Tuckpointers" Local 21 IU, BAC.
Services Provided
Masonry Restoration and maintenance such as Tuckpointing, Lentil replacement, and repair, Caulking, Teraccatta restoration and replacement, Concrete repairs, Parapet replacement, and repairs, and Cleaning and sealing of all masonry.
Company Description
International Union of Bricklayers and Allied Craftworkers
PNC Bank, N.A.
Services Provided
PNC Real Estate connects customers to one of the broadest sets of banking and servicing capabilities in the commercial real estate arena.
Company Description
PNC Real Estate is a leading provider of banking, financing and servicing solutions for commercial real estate clients across the country. Our comprehensive array of capabilities includes acquisition, construction and permanent financing for public and private developers and investors; agency financing for multifamily and seniors housing properties; and debt and equity capital for the affordable housing industry. And, through Midland Loan Services, we provide third-party loan servicing, asset management and technology solutions.
IREM Chicago
Services Provided
Information, certification, connection, and many more resources to help you succeed. Move ahead with IREM.
Company Description
The more you know, the further you can go. IREM certifications help you increase your marketability and sharpen your skills, from solving the latest tenant crisis to analyzing market conditions. We teach advanced financials and we speak advanced human. So you’ll be armed with advanced expertise in property valuation and portfolio assessment, as well as having the ability to handle the day to day challenges in maintenance and operations. Knowledge is crucial to getting ahead in our business and at IREM we’re here to provide certifications and resources that can help you get there.
CBRE
10 E. Doty Street, Suite 410
Madison
608-663-5445
Services Provided
Company Description
The CBRE Wisconsin offices have been serving the real estate community for over 60 years, and continues to be a top firm in the area. With views of downtown and Lake Michigan, the CBRE Milwaukee office has the expertise and resources to assist clients with their commercial real estate needs. Located at the heart of Wisconsin’s capitol, the CBRE Madison office uses their extensive real estate knowledge and outstanding customer service to become a leader in the industry. Between both offices, CBRE is able to fully service their Wisconsin clients. The Brookfield Office is home to our Automated Building Solutions group, CBRE|ESI. They design, install, manage, and support integrated, performance-building automation solutions (BAS & BMS) for buildings and facilities of all sizes and types. More than 90 real estate professionals provide a complete spectrum of commercial real estate specialties including advisory and transaction services for tenants/occupiers and property owners in the retail, office, industrial and investment sectors. We meet a broad range of our client’s needs, including site selection, lease negotiation, property management, valuation and more. Our clients span industries and range in size, from Fortune 500 corporations with global reach to local nonprofit institutions and emerging growth companies. We attribute this broad appeal to our simple, but effective, business plan - we help customers identify and align their real estate requirements with strategic business, financial and operational objectives while using our market leverage to drive the best economic transaction for each client.
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Contact Us for Future Sponsorship Opportunities
Mark Menzies
Senior Vice President, National Publisher
312-644-4610
Marianne Grierson
Vice President of Sales
312-644-7168
We are always looking for speakers who represent diverse populations.
Please help us out by volunteering to speak or introduce us to anyone who you think would be a good fit.
Send to [email protected] or [email protected]