Monday, June 24, 2013 | Palo Alto Hills Golf & Country Club

.

GOLF COCKTAILS & DINNER

PALO ALTO HILLS GOLF AND COUNTRY CLUB

3000 Alexis Drive | Palo Alto, CA 94304 | map

.

10AM | Registration (box lunch provided)
11AM | Shotgun Start
4PM | Cocktails – 5:30PM Buffet Dinner

Members: $160, Guests: $195

.

DINNER ONLY INFORMATION

For those interested in attending the dinner and cocktail portion of the event only,

the cost is Members: $80.

SPONSORSHIP

Sponsorship opportunities available now!

• Tournament Level: $5000; includes Top Billing and Signage as Tournament Sponsor with 2 Free Golf Foursomes (8 Golfers)
• Platinum Level: $3000; includes Platinum Level signage and 1 free Golf foursome
• Gold Level: $2500; includes Gold Level signage and 2 free golfers
• Silver Level: $1000; includes Silver Level signage and 1 free Golfer
• Drink Cart Sponsors: $1500; with 1 free Golfer, includes dinner and signage at cart
• Participant Photos: $1500; includes signage at staging area and sponsors logo/name on photos
• Driving Range Sponsor: $1500; with 1 free Golfer, includes dinner and signage at range
• Putting Green Sponsor: $1500;  includes signage on putting green
• Margarita Concession: $1500; includes signage at concession
• Hole Sponsors: $350; includes signage at hole

Please contact Will Craun (wcraun@opusbank.com)  or Jordan Angel (jangel@slatt.com) for Sponsorship opportunities

.

.

.

.

.

.

.

.

.

Tuesday, May 14th, 2013 | The City Club of San Francisco

$70 for members $85 for guests
Special: $60 for members age 35 and under
$85 at the door.

6pm – 9pm

The City Club of San Francisco
155 Sansome St San Francisco, CA 94104

Please join BAMA on Tuesday, May 14th at the City Club in San Francisco for a timely and important discussion on multi-family real estate. Three major Bay Area multi-family players: Klingbeil Companies, Interstate Equities and Veritas Investments will be discussing what they are getting done today, what deals make sense, and where they see opportunity throughout California.

We will address questions such as:

• How do you address rent growth in your underwriting?
• What cap rates can you justify in what markets?
• Are there still opportunities in Bay Area markets?
• Who is buying?
• What is the effect of foreign capital?
• What is the cost of equity?
• Is construction a way to find opportunity?
• Our discussion will focus on financing and how it relates to each company’s business model in permanent, bridge and construction debt.

Moderator

Leah Purvis |  Greystone

Leah Purvis serves as the Managing Director of West Coast Operations and Credit for Greystone Servicing Corporation, Inc., a top ten (10) Fannie Mae Lender. In this role, she has the overall responsibility for processing, underwriting and credit evaluation for all market rate applications in that region. She began her career in agency lending with Greystone in 2003, having underwritten and closed over 500 loans on the West coast (standard DUS, Small Loan Channel and Affordable Housing) with an estimated aggregate balance of over $926,000,000. Leah also serves as a voting member of Greystone’s Loan Committee for Small Loans. Lastly, Leah serves as the Deputy Chief Underwriter for the Fannie Mae DUS product.

Leah graduated from Rhodes College in 2000 with a BA in Economics and a minor in Religious Studies.

.

Panelists

Yat-Pang Au | Veritas Investments

Yat-Pang Au is the Founder and Chief Executive Officer of Veritas Investments Inc., one of the largest owner operators of apartments in San Francisco with several thousands of units and approximately $1 billion in assets under management. Prior to founding Veritas in 2007, Mr. Au served as the Chief Executive Officer of AEC Alarms and held various executive positions at technology and services firms. He also has been a longtime private investor in apartment and retail properties located throughout the San Francisco Bay Area. Mr. Au is committed to transforming San Francisco’s housing stock and revitalizing neighborhoods by providing innovative amenities and building eco-friendly, vibrant communities. Veritas is a vertically-integrated multifamily investment manager focused exclusively in the City of San Francisco. The firm provides a full-range of operational, management and leasing services through its wholly-owned affiliates GreenTree Property Management and RentSFNow.

Mr. Au is an Advisory Board Member of the Fisher Center for Real Estate and Urban Economics and a Board Member of two nonprofits he is passionate about – Self Help for the Elderly and International Technological University. He is an active member of Coalition for Better Housing, San Francisco Apartment Association, Bay Area Council, National Multi Housing Council, Young Presidents’ Organization (YPO), Urban Land Institute (ULI), and Pension Real Estate Association (PREA). Additionally, Mr. Au participates in many community and charitable activities with the American Red Cross, Asia Society and Hong Kong Association of Northern California.

Mr. Au holds a B.S. in Electrical Engineering and Computer Science from University of California at Berkeley, an M.S. in Information Networking from Carnegie Mellon University, and an M.B.A. from Harvard Business School.

.

Kevin Kaz is the chief financial officer of Klingbeil Capital Management (KCM) where he has worked since 1994. In the last seventeen years, he has been instrumental in the underwriting and assessment of $1.9 billion in commercial real estate acquisitions. He has also arranged financings in excess of $1.3 billion during that time. In addition to overseeing the investments and finance of the Klingbeil Family, Mr. Kaz supervises the finances of KCM’s five multifamily Funds with the pension plan of General Motors. They consist of 6,681 units with a value in excess of $700 million. Mr. Kaz graduated from the University of California at Berkeley. Mr. Kaz is a member of the International Advisory Board for the Real Estate Academic Initiative of Harvard University, served on the Board of Governors of the Bureau of Jewish Education and on the Board of Directors of Concordia Argonaut, a San Francisco social, dining and athletic club founded in 1864. He is a member of the American Institute of Certified Public Accountants and the California Society of CPAs.

.

Marshall Boyd | Interstate Equities

Mr. Boyd is Co-President of IEC, a west coast focused, fully integrated, direct owner operator of multifamily assets with ~$200m in equity under management. As President, Mr. Boyd is responsible for strategic direction of the firm as well as leading the institutional investment portfolio including origination of new transactions and asset management. Mr. Boyd has been involved in the firm’s past seven funds. During his tenure at IEC, Mr. Boyd has held the roles of Institutional Investment Manager, Vice President and President. Prior to joining IEC, Mr. Boyd worked on the investment team at TA Associates, a private equity fund with $16 billion under management. Prior to this he worked in investment banking at Credit Suisse First Boston & Pacific Growth Equities. Marshall holds a Bachelors degree in Economics with a minor in Spanish from Middlebury College. Mr. Boyd is a member of the Urban Land Institute and its Multi-Family Silver Council . He is on the Board of Concert Golf Partners, a golf resort focused real estate private equity firm as well as an active member of the Guardsmen, a philanthropic organization in San Francisco..

.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.

. . . . . . . . . .

Tuesday, April 9th, 2013 | The City Club of San Francisco

$70 for members $85 for guests
Special: $60 for members age 35 and under
$85 at the door.

6pm – 9pm

The City Club of San Francisco
155 Sansome St San Francisco, CA 94104

With over a dozen cranes dotting the skyline of San Francisco, construction lending is back! Please join us for a very timely discussion from three of the top sources for construction financing. Learn how they are looking at deals, what they are getting done, and what types of terms are available today.

Moderator

Dennis Williams |  Northmarq, Senior Vice President

Dennis Williams has been a mortgage banker with the San Francisco office of Northmarq Capital, LLC (formerly Trowbridge, Kieselhorst & Company) since 1988. His company arranges permanent, construction, bridge, mezzanine and equity financing for income property. Currently a Managing Director at Northmarq, Dennis has arranged nearly $5 billion of income property financing with institutional capital sources and has been one of the company’s top originators since becoming part of Northmarq in 2000. Property types financed include office, research & development, retail, multi-family, hospitality and industrial real estate.

Dennis received his MBA from the Tuck School of Business at Dartmouth in 1988 and his AB with a double major in Political Science and Economics from U.C. Berkeley in 1984. He currently lectures at the Haas School of Business at U.C. Berkeley, where he has taught a semester long MBA course entitled Real Estate Development since 2004.

Dennis served as president of the Bay Area Mortgage Association (BAMA) from 1997-98, and as President of the SF Chapter of NAIOP 1995 and 2002. Dennis has acted as a moderator and guest speaker at multiple presentations to BAMA, NAIOP, the MBA, Belden Club, ULI, Fisher Center RE Conference, Stanford University’s GSB, AICPA and Northmarq Capital.

Panelists

Steven Burich | Comerica Bank, Senior Vice President

Steve is a Senior Vice President with Comerica Bank. He got his MBA from UC Berkeley and was a Lieutenant in the US Navy. Steve spent 20 years at Union Bank. He was the Area Manager (1984 to 1992) for the four (4) Northern California real estate construction lending Groups including San Jose, Walnut Creek, Sacramento and Fresno and later (1993 to 1995) managed the eight (8) real estate construction lending Groups in California (San Diego, Los Angeles, Costa Mesa, Beverly Hills, San Jose, Walnut Creek, Sacramento and Fresno). He has been at Comerica Bank for 17 years (1996 to 2013) and is the manager of the Northern California real estate construction lending Group based in San Jose.

Chris Osborn |  Senior Vice President, US Bank

Chris is a Senior Vice President and Market Manager with US Bank. He has responsibility for managing the Bank’s Commercial Real Estate group for the Bay Area, with two separate teams focused Institutional Real Estate companies as well Middle Market Developers. Prior to joining US Bank in 2011, Chris spent 16 years with Scotiabank in a variety of roles in San Francisco and New York, including management of Scotiabank’s west coast underwriting for its Real Estate, Gaming, and Leisure group. Chris received a BS in Accounting from Boston College, and his MBA from the University of Notre Dame.

Tim Mahoney | Wells Fargo Bank, Senior Vice President

With a Bachelor of Science in Accounting and a Master’s of Business Administration from the University of Southern California, Tim has nearly 3 decades of experience with a number of firms including Pacific Enterprises, Price Waterhouse, Bank of America, Union Bank, GE Capital, CBRE LJ Melody and Wells Fargo advising, investing in and lending to the commercial real estate and home building industries throughout the United States. Tim has maintained a California Real Estate Broker’s license since 1984 and was formerly a Certified Public Accountant.

.

.
.
.
.
.
.
.
.
.
.
.
.

. . . . . . . . . .

Tuesday, March 12th, 2013 | Hotel Vitale, San Francisco

$20 for members (paid for 2013)

$50 for guests and walk-ins

5:30 to 8:30 pm – Open Bar & Hors d ‘Oeuvres

Hotel Vitale
8 Mission Street
San Francisco, CA 94105

Please join your fellow members and guests after work on March 12th in a suite overlooking the bay at Hotel vitale for our annual member appreciation reception.

If you have not yet renewed your membership for 2013 please do so before this event or you will not be in the annual directory: 2013bamadues.eventbrite.com

We want to thank our existing members for supporting BAMA over the last year and are pleased to be able to offer a significantly discounted rate for this event this year. It’s a great opportunity to network and meet the new and existing members. We have reserved a beautiful venue and will be hosting a reception including beer, wine, and appetizers. We look forward to seeing you all there and, as always, guests are welcome.

We would like to thank our sponsor for this event for their generous support:

.

.

.

.

.

.

.

.

.

.

.

Tuesday, January 8th, 2013 | The City Club of San Francisco

$70 for members $85 for guests
Special: $60 for members age 35 and under
$85 at the door.

6pm – 9pm

The City Club of San Francisco
155 Sansome St San Francisco, CA 94104

Please join us to hear from Garrick Brown, one of the preeminent commercial real estate experts in the Bay Area market, about what we have in store for 2013.

Garrick Brown |  Cassidy Turley

Due to Garrick Brown’s encyclopedic knowledge of Commercial Real Estate industry statistics and his ability to synthesize and communicate this information in an engaging and entertaining way, Mr. Brown speaks frequently at industry events and has been a keynote speaker at symposiums, conferences and market forecasting events for groups like the Appraisal Institute, Urban Land Institute, and ICSC (the International Council of Shopping Centers).

Garrick works closely with the media and has been widely quoted in national publications such as the Wall Street Journal, Bloomberg, the Financial Times and USA Today. He is also the creator of the Bay Area Comp Network and Central Valley Comp Network, These groups work closely with the Northern California commercial appraisal community and facilitate the exchange of commercial real estate data among their members.

Ric Russel |  Cassidy Turley

Since the founding of Cassidy Turley Ric Russel has been on the Advisory Committee of the Capital Markets service line. In addition to helping shape the overall Capital Markets structure Ric has direct responsibility for Multi-Family Investment sales, as well as, Net Lease Investment Services. Finally, he is also an integral part of Distressed Asset Services.

Ric has played a key role in the development of Cassidy Turley’s Capital Markets services on a national basis. Ric is a licensed real estate broker in California and Nevada. He represents both institutional and private clients and has completed hundreds of investment sales valued at over $2 billion.

Prior to joining CTBT Ric worked at Marcus & Millichap for 20 years as one of the firms most successful brokers and managed its Palo Alto and Sacramento offices. Ric is a licensed attorney in the State of California since 1977 and spent 5 years in active practice as a litigation specialist with special emphasis on real estate and development. .

.

.

.
.
.
.
.
.
.
.
.
.
.
.

. . . . . . . . . .

Join us for the annual BAMA Holiday Party!

Tuesday, December 11th, 2012 | Epic Roast House (New Location)

Epic Roast House
369 The Embarcadero, San Francisco, CA

Please join us as we continue the annual BAMA tradition of celebrating the holiday season in style with cocktails, and hors d’oeuvres, at a new location overlooking the bay. This is always a BAMA favorite and will likely sell out this year so please buy your tickets early.

BAMA would like to extend a special thanks to our sponsors:

Gold Sponsors:

Oyster Raw Bar Sponsor:

Silver Sponsors:

Bronze Sponsors:

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

....

Tuesday, November 13th, 2012 | The City Club of San Francisco

$65 for members $80 for guests and walk-ins
Special: $55 for members age 35 and under

6pm – 9pm

The City Club of San Francisco

155 Sansome St
San Francisco, CA 94104

Please join us as we take a behind the curtain look at the world of CMBS lending in today’s VERY COMPETITIVE securitized CRE market. With 28 active CMBS shops fighting for market share, securitized loan rates as low as 3.8% fixed for 10 years, up to 10 years of interest only, and as much as $46 billion set to clear this year this will be a very timely conversation that is not to be missed.

This event generously sponsored by AEI Consultants

MODERATOR

Kurt Altvater | Senior Vice President, CBRE, Capital Markets

Mr. Altvater is a seasoned commercial real estate professional with over 25 years of experience and has participated in the advisory and placement of over $8.0 billion in loan sales in the past four years. He currently serves as the Senior Vice President of the National Loan Sale Advisory Group of CBRE Capital Markets and is in charge of the Western Region. Prior to joining CBRE Capital Markets, Mr. Altvater originated over $2.0 billion of CMBS loans between 1997-2008 at Countrywide Commercial, Bank of America and Nomura Securities. Mr. Altvater is a Past President of the Bay Area Mortgage Association from 2003.

PANELISTS

Alan Flatt |  Director, Bank of America Merrill Lynch

Alan Flatt is a director at Bank of America Merrill Lynch in the Real Estate Structured Finance Group. In this role, he is responsible for the origination of fixed rate, non-recourse commercial real estate loans in the west coast region. Alan has over 20 years of experience in the industry and during his 10 years with the firm has originated loans in every major west coast market. Prior to joining the firm in 2002, he was a loan originator at Acacia Bank in San Francisco and Nomura Securities in San Francisco and Chicago, as well as GE Capital in Chicago. Previously, he was a mortgage banker in Chicago with Northmarq. Alan holds a bachelor’s degree in civil engineering and a master’s in business administration from the University of Michigan.

.

Deepak Peruvemba | Senior Origination Officer, Morgan Stanley

Deepak Peruvemba is a senior origination officer with Morgan Stanley in the Commercial Real Estate Lending Group of North America. Deepak is one of two Bankers on the West Coast responsible for the origination of commercial real estate loans. Morgan Stanley focuses on fixed rate CMBS loans greater than $10mm and Floating Rate Loans greater than $100mm in primary markets. Morgan Stanley was a top 5 CMBS loan contributor in 2011 and is on track to be a top 5 CMBS loan contributor in 2012. Deepak has over 15 years of experience in the industry and has financed properties nationwide as well as in every major west coast market. Prior to joining Morgan Stanley, Deepak was a loan originator at GMAC Commercial Mortgage in New York and Countrywide Commercial Real Estate Finance in Los Angeles.

.

Eric Smith | Senior Vice President, Wells Fargo

Eric Smith is a senior vice president and managing director for Real Estate Capital Markets. The group provides fixed- and floating-rate non-recourse permanent financing for commercial, industrial, hospitality, self storage, and multi-family properties through Wells Fargo-issued commercial mortgage backed securities (CMBS) and balance sheet funding. Eric is based in San Francisco and currently covers the territories of Northern California and the Central Valley, Northern Nevada, Oregon, Washington and Alaska. Eric joined Wells Fargo in 1997. He has originated and closed over 700 loans in his 15 year career at Wells Fargo. Eric started his career in commercial real estate lending 25 years ago as a life insurance company mortgage banker with E.S. Merriman & Sons. Eric graduated with honors from California Polytechnic University, San Luis Obispo, California. He is a member of the Financial Management Honor Society and a licensed California real estate broker.

.

.

.

.

.

.

.

Tuesday, October 9th, 2012 | The City Club of San Francisco

$65 for members $80 for guests and walk-ins
Special: $55 for members age 35 and under

6pm – 8:30pm

The City Club of San Francisco

155 Sansome St
San Francisco, CA 94104

Please join us for a lively discussion with some of the leading capital sources of bridge loans and equity in today’s market. Rates remain at all time lows yet there is still a strong “flight to quality” among lenders and a desire to lend on stabalized assets. Come listen to our panelists discuss the creative structures and opportunistic lending being done to create solutions for fundamentally strong real estate in transition.

MODERATOR

Tom McNew | Principal, U.S. Realty Capital

Tom is one of the founders and principals of US Realty Capital and is based in San Francisco. He has worked in various positions in the real estate industry encompassing finance, sales, consulting, and asset management. Tom is a licensed broker in the State of California and has a Masters Degree in Real Estate Development and a Bachelor of Science in Public Administration and Urban Planning from the University of Southern California. Financing requests for his Clients have included equity, mezzanine, construction, long term debt, and joint venture transactions. Capital sources include credit companies, pension funds, wall street conduits, banks, hedge funds, life insurance companies, private funds, and off shore capital sources. Past product type financed include multi family, industrial, office, hotel, retail, self storage, parking garages, golf courses, master planned communities, and agricultural properties throughout the United States.

PANELISTS

Steve Tucci | Managing Director, West Coast Originations NXT Capital

Mr Tucci is responsible for originating debt and equity for NXT Capital in the West Coast markets. Mr. Tucci has over 25 years experience in commercial real estate having most recently served as a Director, Region Manager for Merrill Lynch Capital. During his career, he has covered the markets of California, Arizona, Washington and Nevada. While at Merrill Lynch, Mr. Tucci was responsible for an originations team of seven professionals that generated a broad range of non recourse structured finance products including, high leverage floating rate senior loans, construction loans, mezzanine loans, preferred equity and joint ventures. Mr. Tucci has guided the funding of over $1.5 Billion dollars for the acquisition, refinance and construction for multiple property types including office, multi-family, condos, industrial, mobile home parks and retail shopping centers. Prior to joining Merrill Lynch Capital, Mr. Tucci was a Vice President and Senior Investment Officer for GE Capital Real Estate and for Heller Financial, Inc, prior to GE’s purchase of Heller. At Heller Financial, Mr. Tucci was consistently a top loan producer originating over $1 Billion in loans. Mr. Tucci started his real estate career at Wells Fargo Bank where he was a Vice President originating construction loans and placed permanent debt on stabilized assets and REO Dispositions. Mr. Tucci is a graduate of the University of Southern California with a B.S. in Finance.

.

Brian Heafy | Partner, PCCP, LLC

Mr. Heafey joined PCCP in 2000.  He is responsible for PCCP’s debt origination platform.   Previously, Mr. Heafey originated equity and debt investments and was head of asset management for PCCP’s portfolio.  Prior to joining PCCP, Mr. Heafey was a Consulting Manager for E&Y Kenneth Leventhal Real Estate Group throughout Asia and the United States. During that time, Mr. Heafey oversaw the acquisition of more than $800 million in secured loans in Japan, served as a consultant in connection with sales of financial assets for the Financial Sector Restructuring Authority of Thailand, and managed sales of over $1 billion in loans and other financial assets for the Bank of Tokyo, Mitsubishi, and Mitsui Trust. Mr. Heafey’s experience also includes advising the RTC on asset dispositions, underwriting CMBS issuances, and loan workouts. He received his bachelor’s degree from Stanford University

.

Jason Choulochas | Managing Director, Ares Management LLC

Mr. Choulochas joined Ares in August 2011 in the Private Debt Real Estate Group as a Managing Director. He is responsible for the firm’s investment activity in the Western United States and is based in Los Angeles, California. Prior to joining Ares, Mr. Choulochas served as Managing Director, Investments, of Wrightwood Capital with responsibility for the origination and structuring of senior debt investments throughout the United States. Before joining Wrightwood Capital’s predecessor in 1995, Mr. Choulochas was with American National Bank & Trust Company of Chicago (now part of J.P. Morgan Chase). Mr. Choulochas received his undergraduate degree in Economics and Management from Beloit College in Beloit, Wisconsin.

.

.

.

.

.

.

.

Tuesday, September 11th, 2012 | The City Club of San Francisco

$60 for members $70 for guests and walk-ins
Special: $50 for members age 35 and under

6pm – 8pm

***PLEASE NOTE THE NEW LOCATION***
The City Club of San Francisco

155 Sansome St
San Francisco, CA 94104

Come hear our panel of experts discussing the details of their recent investment sales, market fundamentals and who is in the market looking to buy, where and what.

Our distinguished panel is as follows:

MODERATOR

Patrick Gilligan | Lincoln Property Company

Patrick Gilligan has been with Lincoln Property Company since 2006 and has been directly involved in the acquisition, financing, management, and disposition of projects totaling approximately 3,200,000 square feet and $920,000,000 in value, including a 680,000 square foot office/R&D portfolio in Silicon Valley, and three class A office and mixed use development sites in downtown San Francisco. He has negotiated over 415,000 square feet of lease transactions throughout various properties in Northern California, working with institutional partners such as Goldman Sachs, Bentall Kennedy, Morgan Stanley, Cerberus Real Estate Capital, Principal Global Investors, Oregon PERS, Illinois State Teachers, and AIG Global Real Estate.

PANELISTS

Dan Wald | Cassidy Turley

Having entered the commercial real estate business in 1974, Dan has since 1994 specialized in the sale of retail investment properties. Since that time, he has sold over 75 retail investment properties with a combined value exceeding $1.45 Billion as a listing agent working for owners.

.

Catherine House | Sperry Van Ness

Catherine E. House, FRICS, CCIM is a top producing broker with Sperry Van Ness | SV Advisors responsible for selling commercial real estate vacant owner-user buildings, investment buildings and land throughout the San Francisco Bay Area. Main product types include neighborhood commercial, office, and medical office space with values ranging from $500,000 to $15 Million. She has represented such clients as US Bank, Union Bank, America California Bank, Bank of the Orient, Sterling Bank & Trust, Wells Fargo Trust Department, amongst others. She is part of the Sperry Van Ness Asset Recovery Team.

.

Sanford Skeie | Marcus & Millichap

Sandy Skeie is a native of Eugene Oregon who moved to San Francisco over 30 years ago. Sandy has earned numerous sales recognition awards, and is a Vice President of Investments at Marcus & Millichap. Skeie is a Director of the firm’s Multi-Housing Group. Specializing in San Francisco investment property, he has closed over $250 million in transactions, sold all types of properties from neighborhood mixed-use buildings to a 514 unit apartment complex. Skeie’s product types include residential, retail, office, hospitality and parking facilities. Sandy has sold such landmarks as The Warfield Theatre, 1019 Market Street, and North Beach’s famed Hotel Triangolo (500 Columbus).

.

.

.

.

.

.

.