Tuesday, September 14th, 2010* | Omni Hotel, San Francisco

*Please note new schedule

$65 for members $75 for guests and walk-ins
Special: $50 for members age 35 and under

6:00 to 6:45 pm – Cocktail Reception
6:45 to 8:30 pm* – Dinner & Program

Please join us for a lively and in-depth discussion on the reemergence of securitized lending in 2010. The discussion will be led by seasoned industry leaders who were witness to peak CMBS issuance of over $230 billion in 2007 and who are now leading the recovery. While both Goldman Sachs and JP Morgan have successfully securitized two conduit pools totaling just over $1.4 billion so far this year, other players have been actively lending with an eye towards securitization in the coming year. The discussion will be geared toward current underwriting parameters and finding out what works for CMBS 2.0 based on real deals being made by our panelists.

MODERATOR

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Eric Von Berg | Principal, Newmark Realty Capital, Inc.

Eric Von Berg, CMB, is a well-respected leader in the field of Commercial Property Finance. He is a former chairman of the California Mortgage Bankers Association and sits on the Commercial Board of Governors (COMBOG) for the Mortgage Bankers Association of America. He began his real estate career as a designer, training in landscape architecture and site planning at U.C. Berkeley followed by an MBA at the Wharton School of Business. In 1979, Eric joined E.S. Merriman and Sons in San Francisco as an owner before joining Norris, Beggs and Simpson in 1985 as Director of Finance. In 1990 Eric joined William C. White at G & W Management Company, now Basin Street Properties. Most recently Eric joined Newmark Realty Capital, Inc. in 1993 where he has been a principal since. Eric is active in several professional organizations and often speaks at BAMA, ICSC, NAIOP, SIOR, CMBA, MBA, BOMA, ULI and CMSA seminars. He is a licensed California Real Estate Broker and Certified Mortgage Banker.

PANELISTS

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Alan Flatt | Principal – Regional Manager – West Coast, Bank of America Securities

Alan Flatt has worked at Bank of America Merrill Lynch since 2002. Currently, Alan is the west coast regional manager responsible for fixed rate, non-recourse commercial real estate loans originated for CMBS. He is currently located in the Irvine, California office and has also worked in the San Francisco, California office. During his time at Bank of America, Alan has originated over $2 billion of loans in every major west coast market. Prior to Bank of America Merrill Lynch, Alan worked at Acacia Bank, Nomura Securities and GE Capital. All of those positions involved commercial real estate loan originations. Prior to working for lending institutions, he started his career as a mortgage banker in Chicago with Baird and Warner (now Northmarq). He received his MBA in finance and real estate from University of Michigan and also received his undergraduate degree from University of Michigan.

Craig Picket | Executive Director, Ladder Capital Finance, LLC

Craig Picket is an Executive Director within the origination team of Ladder Capital. He is responsible for sourcing, structuring and closing both fixed and floating rate loans, on all property types, to be held on book and for securitization. Prior to joining Ladder Capital, Mr. Picket spent over 10 years at Deutsche Bank as a Managing Director in their Real Estate Capital Markets Group. He was consistently a top performing banker and personally closed over $5 billion in loans during his time there. Mr. Picket has approximately 20 years experience in the commercial real estate industry. He holds a M.S. in Real Estate Investment and Development from New York University and a B.A. from the University of Massachusetts at Amherst.

Alan Fox | Managing Director, FundCore Finance Group

Alan Fox brings over 12 years of experience in CMBS origination to his current role as Managing Director of the West Coast branch of FundCore Finance Group. FundCore is a commercial real estate lending platform focused on the acquisition and origination of high-quality first mortgage loans, mezzanine loans and preferred equity on performing assets. FundCore brings together the combined expertise of the team that ran commercial real estate lending at Merrill Lynch for the past decade. Alan most recently was Head of Western Region Origination at Merrill Lynch for six years. His other Western Region CMBS origination experience comes from several years each at Banc of America Securities, Chase, and Nomura. Alan graduated with a BS in Real Estate Finance from USC and holds an MBA in Corporate Finance and Real Estate from the Red McCombs School of Business at the University of Texas at Austin.

Tuesday, July 13th, 2010* | Pier 23- The Embarcadero, San Francisco

5:30 to 8:00 pm – Cocktails and Appetizers

Pier 23 The Embarcadero
San Francisco, CA 94111
(415) 362-5125

Please join us on Tuesday July 13th at Pier 23 Café on the Embarcadero. This event is a fun opportunity for members to network and socialize. Drinks and appetizers will be provided on the patio overlooking the bay at this prime sunny-day social spot. Also, we encourage you to bring a guest or prospective member to this event.

Monday, June 7, 2010 |The Bridges Golf Club, Crow Canyon Country Club

TICKETS

No further tickets for this event

Jennifer Miller › Barry Slatt Mortgage

1350 Old Bayshore Hwy, Suite 450 | Burlingame, CA 94010.

650.342.3964 (fax) | jenniferm@slatt.com

GOLF

THE BRIDGES GOLF CLUB
9000 S. Gale Ridge Road | San Ramon, CA 94582 | map

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

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Members/Sponsors: $125, Guests: $150

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Contact Ramsey Daya at (415) 399-8085 or rdaya@regencycapitalpartners.com with golf tournament questions.

TENNIS

Tennis players please note that Lunch and Tennis will be held at the

CROW CANYON COUNTRY CLUB
(3 miles west of The Bridges Golf Club).
711 Silver Lake Drive | Danville, CA 94526 | map

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11AM – Tennis Registration
11:30AM – Free Tennis Pro Lesson

1:00 PM – Tournament Begins
4:00 PM Cocktails – 5:30 PM Buffet Dinner (both at Bridges Golf Club)

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Members/Sponsors: $80, Guests: $100

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Contact Tim Thompson at (415) 874-3198 or tthompson@greystoneusa.com with tennis tournament questions.

DINNER ONLY INFORMATION

For those interested in attending the dinner and cocktail portion of the event only,
the cost is as follows.

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Members/Sponsors: $50, Guests: $65

EVENT

Jennifer Miller › Barry Slatt Mortgage
1350 Old Bayshore Hwy, Suite 450| Burlingame, CA 94010

650.342.3964 (fax) | 650. 342.6755 (phone)
jenniferm@slatt.com

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› On the comments portion of the registration form, please specify whether you are paying for golf, tennis or dinner only.
› Golfers, please write your foursome preference (if any).
› Tennis players, please indicate your skill level as A, B or C.

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CLICK HERE for a printable registration form.

Sponsored by:Prudential Mortgage Capital Company, Northstar Risk Management and Insurance Services, Greystone, Chase Commercial Term Lending, Goldman Sachs, Regency Capital Partners, Standard Trust Deed

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Tuesday, May 11th, 2010 | Omni Hotel, San Francisco

*Please note new schedule

$65 for members $75 for guests and walk-ins
Special: $50 for members age 35 and under

6:00 to 6:45 pm – Cocktail Reception

6:45 to 8:30 pm* – Dinner & Program

Please join us for an exciting panel of BAMA Past Presidents, one from each of the last 4 decades discussing how they survived and thrived in each decades’ downturns and recoveries. They will be discussing parallels to today, sharing strategies they used and explaining how they managed to ultimately capitalize on the turmoil and come out ahead.

MODERATOR

Kurt Altvater (President 2002-2003) | Senior Vice President
CB Richard Ellis- National Loan Sale Advisory Group

PANELISTS

Donald Kieselhorst (President 1975-1976) | Co-founder
Trowbridge Kieselhorst & Co now Northmarq Capital

Roslyn Payne (President 1981-1982) | President
Jackson Street Partners

Ken Brokaw (President 1992-1993) | Senior Vice President
Mason-McDuffie Financial Corporation

Tuesday, April 13th, 2010* | Omni Hotel, San Francisco

*Please note new schedule

$65 for members $75 for guests and walk-ins
Special: $50 for members age 35 and under

6:00 to 6:45 pm – Cocktail Reception
6:45 to 8:30 pm* – Dinner & Program

Please join us for an in-depth discussion on the current-and-near-future of how troubled properties are trickling out of lenders’ hands, and the type of advisory work and opportunity-buying they present. With a panel of experts engaged in actual advisory work and receivership, the discussion will illuminate opportunities for developers, investors, and real estate consultants as properties make their way to re-marketing, turnaround, REO or outright sale. How these trickle-out property deals are being handled? How securitized CMBS workout strategies differ from balance sheet lenders? How to extend and modify when your loan documents don’t provide these rights? Who to contact when and what to tell them?

MODERATOR

Stephen Duffy | Managing Director, Moss Adams Capital

Stephen J. Duffy is a Managing Director and the leader of the real estate consulting and investment banking business in Moss Adams Capital. He has over 27 years of real estate consulting and capital markets experience.  Mr. Duffy has been a partner at both Kenneth Leventhal & Company and Ernst & Young LLP.  In addition, he has operating executive experience as a chief operating officer, principal and managing principal in the multi-family industry and the institutional real estate private equity sector.  Mr. Duffy has worked with a wide variety of the leading private and public real estate operating companies across product types, the capital stack (equity investors and lenders), and domestic and international markets.  He has significant experience in restructuring, capital markets and strategic planning and he has been involved in numerous capital transactions as well as mergers and acquisitions within the industry over a number of real estate cycles.  He has spoken on these topics in a variety of industry forums over his career.   A full member of the Urban Land Institute, he has a B.S. in Economics as well as an MBA from the Graduate School of Business of Fordham University.

PANELISTS

Tony Theophilos | of-counsel,  Starr Finley, LLP

Tony Theophilos, of-counsel with San Francisco-based Starr Finley LLP, has a 35-year, multi-disciplinary career as a real estate attorney, CEO of Bay Area companies, real estate investor/developer and receiver, most recently handling the receivership of 250 Montgomery Street. Tony has been a law partner at global firms Morrison & Foerster and Coudert Brothers, as well as the former Crosby Heafey Roach & May of Oakland. His practice included domestic and international acquisition, disposition, structuring and workouts of large properties on behalf of U.S. and offshore entities. Tony has also served on the board of directors of troubled Bay Area companies and/or been appointed acting CEO, including a real estate syndication firm,  mortgage-banking and a retailer, all of which were successfully managed to maximize assets and resolve complex situations. As a developer/investor for his own account, Tony most recently assembled and permitted parcels on Van Ness Ave. which were acquired by a builder/developer. A member of the California Bar, Tony is rated “AV” by Martindale Hubbell and has been named a “Super Lawyer” by California Lawyer Magazine. A member of the International Council of Shopping Centers and Lambda Alpha, he graduated from American University in Washington, D.C. in 1971 and from its Washington College of Law in 1973.

Joseph Heil | Partner, Dechert, LLC

Joseph B. Heil, co-chair of Dechert’s finance and real estate practice and managing partner of Dechert’s San Francisco office, focuses his practice on securitized lending, workouts, restructurings, commercial mortgage servicing, debt funds, mezzanine debt, preferred equity, and private equity transactions. Early in his career, Mr. Heil helped develop the criteria used in rating CMBS transactions. In 1998, Mr. Heil left Dechert to become the chief legal officer of Capital America/Nomura Asset Capital Corporation. Upon his return to Dechert, he has substantially grown the San Francisco office to include real estate professionals of the highest caliber who are dedicated solely to high-end real estate capital markets finance. Mr. Heil has served on a variety of committees for the Commercial Mortgage Securities Association and is a member of the Mortgage Bankers Association of America and the American Bar Association. He holds a BA with honors from the University of Notre Dame, an M.A. from UC Berkeley and his JD from UCLA.

Chris Hunter | Principal, Morgan Miller Blair

Chris Hunter is a Principal in the law firm, Morgan Miller Blair, and is the Chairman of the firm’s Real Estate Practice Group. Chris began his legal career working for a San Francisco law firm that was general counsel to a major bank.  He represented the bank and other financial institutions in a wide variety of real estate lending matters, including loan workouts, foreclosures, bankruptcies, receiverships and the management and disposition of REO properties.  Since joining Morgan Miller Blair in 1999, Chris has negotiated billions of dollars in acquisitions, loans and leases.  In addition, Chris has substantial experience with distressed assets, and represents lenders, borrowers and opportunistic inventors in transactions involving a broad spectrum of real estate matters and was recently named counsel to the receiver on one of the West Coast’s largest properties to go into default, the $750M Sunnyvale Town Center.

Tuesday, March 9th, 2010 | Sens Restaurant, San Francisco

The pricing will be discounted at $25 for members (with RSVP) $40 for guests and walk-ins
Special: $15 for members age 35 and under

Sens Restaurant
4 Embarcadero, Promenade Level, SF, CA 94111
(415) 362-0645

Come join us after work at 5:30 pm on Tuesday March 9th at Sens Restaurant. We want to thank our existing members for supporting BAMA over the last year and want to provide our new members with an opportunity to network and meet our existing members. We have reserved the beautiful La Marsa room at Sens and will be hosting a beer and wine bar with light appetizers at a discounted rate. We look forward to seeing you all there.

Follow the links above, or please RSVP and send Payment in Advance to:

Jennifer Miller
Barry Slatt Mortgage Company
1350 Old Bayshore Highway, Suite 450
Burlingame, CA 94010
650-342-6755| vp_membership@sfbama.com

Tuesday, February 9th, 2010* | Omni Hotel, San Francisco

*Please note new schedule

$65 for members $75 for guests and walk-ins
Special: $50 for members age 35 and under

6:00 to 6:45 pm – Cocktail Reception
6:45 to 8:30 pm* – Dinner & Program

After a year of drought in the commercial real estate capital markets, there are now glimmers of hope. We have assembled a panel of 3 lenders with varying sources of capital, varying underwriting standards and varying loan criteria. What they have in common is a desire to lend in 2010, with a combined allocation to commercial real estate of over $3 billion. Come hear our panel discuss the business they are pursuing in the New Year, how things have changed in getting deals approved and what structuring a deal looks like “post credit crunch.” We will also hear their thoughts on techniques for funding large loans, the potential re-emergence of participating loans and evolving structures for securitized loans.

MODERATOR

Terry Daly | Principal, Kearny Capital Partners

Mr. Daly is a founding Principal of Kearny Capital Partners. With over fifteen years experience in the real estate industry, he advises the firm’s clients on capital placement, loan modifications and workout solutions. In addition, Mr. Daly oversees Kearny Capital’s receivership group and is currently acting as a receiver on numerous commercial transactions.  Prior to forming Kearny, he was Vice President in the Capital Markets Unit at Cohen Financial and prior to Cohen, a real estate attorney at the law firm of Hopkins and Carley. He has a B.A. from the University of California, Santa Barbara and a JD from the University of California, Hastings College of the Law.

PANELISTS

Ronnie Gul | Vice President and Senior Originator, Mesa West Capital

Mr. Gul is responsible for originating, underwriting and structuring first-mortgage loans on all major property types. He has closed over $440 million of loans secured by over 2.3 million square feet of office, industrial and retail properties and over 1,500 multi-family units. Prior to Mesa West, Mr. Gul spent four years as a marketing and business development executive. He received a B.A. in Economics with Phi Beta Kappa and Summa Cum Laude honors from UCLA and an MBA from UCLA Anderson Graduate School of Management. Ronnie currently serves as the president of the UCLA Ziman Real Estate Alumni Group.

Eric Smith | Senior Vice President and Managing Director, Permanent Debt Finance, Wells Fargo Bank

Mr. Smith has over 20 years of experience in commercial real estate. He joined Wells Fargo in 1997 and has managed the bank’s San Francisco Bay Area CMBS origination team for 10 years. He is the number one originator in Wells Fargo CMBS history in terms of dollar volume and transaction numbers. He is now leading Wells Fargo’s balance sheet non-recourse permanent finance platform and has continued closing deals through 2009-2010. Prior to joining Wells, Mr. Smith held positions at Bank of America and Union Bank of California. He has a B.A. from Cal Poly SLO and an MBA with a concentration in Finance from the University of San Francisco.

Brandon Buza | Director, Northwestern Investment Management Company

Mr. Buza is responsible for identifying debt and equity opportunities for Northwestern Investment Management Company. After working for Northwestern in both Milwaukee, Wisconsin and Newport Beach, he is now based in San Francisco where his office covers Northern California, Arizona, Nevada and Hawaii. Northwestern typically invests in the four major property sectors including industrial, office, apartments and retail. Brandon has a 16-year background in real estate including 13+ years with Northwestern during which time he has been directly responsible for transactions totaling nearly $1 billion. Prior to Northwestern Brandon spent time working for First Industrial. He has a B.A. in Urban and Regional Planning from Western Washington University and a M.S. in Real Estate from the University of Wisconsin-Madison. He is also on the board of trustees for the Riverdale Country School in New York City, NY.

Harvey E. Green | President & Chief Executive Officer, Marcus and Millichap

Thursday, January 7th, 2010* | Omni Hotel, San Francisco

*Please note this is a Thursday

$65 for members $75 for guests and walk-ins
Special: $50 for members age 35 and under

6:00 to 6:45 pm – Cocktail Reception
6:45 to 8:30 pm* – Dinner & Program

Please join us on Thursday January 7th as we welcome Harvey Green to BAMA. Mr. Green is President and CEO of Marcus & Millichap Real Estate Investment Services, directing the activities of the largest investment real estate brokerage firm in the nation, including more than 1,300 investment real estate specialists located in 71 offices. Mr. Green will be discussing the commercial real estate market as we enter the New Year and the pitfalls and opportunities that he sees for our business in the coming decade. Mr. Green will also discuss his thoughts on running, managing and growing a brokerage business in a downturn along with his worries and hopes of the new legislation being proposed by the current administration. We look forward to this great opportunity to spend some time with one of our business’ top leaders.

ABOUT THE SPEAKER

Harvey Green | President & Chief Executive Officer, Marcus and Millichap

Prior to his appointment to President of Marcus and Millichap, Mr. Green served as chief operating officer of the firm and previous to that, was the senior vice president responsible for the firm’s nine Southwest offices. He joined Marcus & Millichap in 1981 as regional manager, responsible for opening the firm’s Encino office. By 1985, the office had become one of the most successful offices in the Marcus & Millichap network.

During his 37-year career, Mr. Green has initiated the close of real estate transactions valued at nearly $6.6 billion, including retail properties, office buildings and multifamily. He has been involved in every aspect of the real estate industry, including development, commercial leasing, investment sales and firm acquisition. He also was responsible for the development and implementation of the firm’s investment real estate training program.

Mr. Green is often featured on Bloomberg’s In Focus, CNBC’s Power Lunch and Squawk Box and KABC Talk Radio and KNX Newsradio’s Round Table Discussion. He is currently an ULI Foundation Governor, and serves on numerous advisory boards including the California Department of Real Estate, where he assisted in rewriting the salesperson and broker real estate exams. His numerous articles on real estate have been published in many local and national publications including the Wall Street Journal, New York Times, Barron’s, Los Angeles Times, and he has been the featured speaker at countless national real estate conferences.

Tuesday, December 8th, 2009 | Rose Pistola Restaurant, San Francisco

5:30-8:00pm
Members: $75-paid in advance | Members under 35: $60-paid in advance
Guests & Walk-ins: $90 AND
Receive an additional $20 off your 2010 membership if paid at Holiday Party

Rose Pistola Restaurant | 532 Columbus Avenue, SF, CA

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

]]> http://www.sfbama.com/dec09/feed 0 http://www.sfbama.com/nov09 http://www.sfbama.com/nov09#comments Mon, 02 Nov 2009 17:36:13 +0000 admin http://www.sfbama.com/?p=464 The World of Workouts

Tuesday, November 10th, 2010 | Omni Hotel, San Francisco

The current state of the capital and real estate markets has created tremendous challenges to both borrowers and lenders alike. As property values decline, leverage levels and cash needs have risen quickly putting pressure on the capital structures of even conservatively underwritten assets. In this timely discussion, our panel of experts will discuss practical and legal issues related to commercial workouts that we all face today including:

• Initial lender business analysis of a problem loan
• Workout Strategies: To forebear or not to forebear (and enforce)?
• What is the range of enforcement options available to a lender?
• The ever present specter of bankruptcy and its impact on workout strategy
• Special issues in syndicated loans
• Enforcing recourse obligations and have California’s single action laws really been tested?
• The borrower’s side of the story: legal and practical responses to the lender

MODERATOR

Andy Zighelboim, Senior Vice President | Colliers International

Mr. Zighelboim joined the Colliers Investment Services Group July 2002. Since that time, he has been involved in the sale of over $1 Billion of retail, office, R&D and industrial properties throughout Western US. He has recently been working with several lenders to assist in the formation of their workout and disposition strategies. He organizes ULI’s Urban Plan Program at local Bay Area high schools and teaches the MBA 287: Real Estate Valuation course at the UC Berkeley Haas School of Business, from where he holds an MBA with a concentration in real estate. He also has a BS in Economics from the University of Florida.

PANELISTS

Peter Ziblatt| Vice President,Wells Fargo: Real Estate Managed Assets Group

Mr. Ziblatt has over 20 years of experience in commercial real estate. He joined Wells Fargo in 2008 to manage a team of senior asset managers in the acquisition, asset management and disposition of bank-owned real estate throughout the US and covering all commercial real estate asset types. Prior to joining Wells, Mr. Ziblatt spent six years at Braddock and Logan where he acquired and/or entitled over 1,000 residential units throughout the Bay Area and prior to that was at Sheppard Mullin practicing real estate and land use law. He has a B.A. from UC Santa Barbara, an M.A. in Public Policy & Public Administration from CSU-Sacramento and a J.D. from University of Pacific’s McGeorge School of Law.

Joan Uhler| Senior Vice President, KeyBank: Asset Recovery Group

Ms. Uhler heads the 15-person team responsible for the restructuring or disposition of KeyBank’s portfolio of distressed commercial and homebuilding assets in the Western US. Prior to moving to the Asset Recovery Group in 2007, she was a Regional Credit Officer for Key Commercial Real Estate and immediately prior to that was an originator of senior and mezzanine loans for CapitalSource. From 1992-1998, Ms. Uhler held Asset Manager and Regional Manager positions in the Real Estate Special Assets and OREO groups at Bank of America. During this time, Ms. Uhler managed a team of Vice Presidents responsible for a $500MM portfolio of distressed commercial real estate loans. Ms. Uhler holds an MBA in Real Estate and Finance from Columbia Graduate School of Business and a BS in Landscape Architecture from West Virginia University.

Scott McPhee| Partner, Morrison & Foerster: Real Estate Practice Group

Mr. McPhee is a Partner of the firm’s international Real Estate Practice Group He has represented various lenders, investors, and property owners in connection with the financing, acquisition, disposition, and development of various property types and has developed a particular expertise in connection with the work-out of troubled loans, including restructurings, debt and equity transfers and remedies, including those related to assets in bankruptcy. Mr. McPhee joined the firm in 1998 and briefly left the firm to serve as senior in-house counsel for Countrywide Commercial Real Estate Finance from 2004 to 2006. Mr. McPhee holds a BA from UC Santa Barbara and a JD from Loyola Law School.