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.

Tuesday, October 13th, 2009| Omni Hotel, San Francisco

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

Despite transaction volume being at all time lows, these three investment brokers have bucked the trend by creating opportunities and closing several transactions in 2009 in all product types: office, industrial, retail and multi-family. Come hear our panel share their thoughts on what assets are selling today, who has equity and what they are looking for, the power shift occurring in the institutional equity world and when, if ever, we will see the floodgates open for distressed asset and note dispositions.

› 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

Dennis Sidbury, Senior Director | NorthMarq Capital
Mr. Sidbury is a senior director at Northmarq Capital. Prior to Northmarq, Mr. Sidbury was at Northwestern Mutual Life where he was an investment officer active in both debt and equity production and prior to that worked with Prudential for 10 years, including roles in the real estate equity and debt asset management groups, hotel investing and loan origination department. Mr. Sidbury earned his BS and an MBA from the University California Berkeley’s Haas School of Business.

PANELISTS
Dan Wald, Managing Director/Partner | Terranomics Retail Service
Mr. Wald has been involved in real estate acquisitions, sales and advisory services for over 35 years. Mr. Wald specializes in retail investment properties throughout the Western United States, with a concentration on larger institutional assets. Over the past twelve years, Mr. Wald and his team have completed over 60 investment transactions with a total sales consideration of over $1 billion, comprising over 7,500,000 square feet.

Michael Leggett, Senior Managing Director | HFF, LP.
Mr. Leggett has over 20 years of experience in commercial real estate. He joined HFF in June 2009 as the head of the San Francisco investment sales group and as well as co-head of the office. Prior to joining HFF, Mr. Leggett formed the San Francisco office of Cornish & Carey Commercial. There they consummated approximately $4.6 billion of commercial real estate transactions consisting primarily of office, research and development and industrial properties, including more than $400 million in 2008 and over $60 million in 2009.

William Huberty, Senior Vice President | CB Richard Ellis
Mr. Huberty joined CB Richard Ellis as a Vice President of Multi-Housing Properties in San Francisco in 1999. Bill is responsible for delivering the company’s Bay Area multi-housing investment sales capabilities to institutional and private clients. Over the last 16 years, Mr. Huberty has been involved with debt and equity finance assignments totaling over $1 billion. Prior to joining CBRE, Bill worked with both Merrill Lynch and Citibank involved in debt syndication, loan restructuring, and REO sales

Tuesday, September 8th, 2009 | Omni Hotel, San Francisco

$50 for members $65 for guests and walk-ins
6:00 to 6:45 pm – Cocktail Reception
6:45 to 8:30 pm* – Dinner & Program
*Please note new schedule
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MODERATOR

Kurt Scheidt, Founding Principal | Kearny Capital Partners
Mr. Scheidt is a founding Principal of Kearny Capital Partners. Over the past 20 years, Mr. Scheidt has established himself as one of Northern California’s leading brokers of commercial real estate debt and equity.

Tuesday, September 8th, 2009 | Omni Hotel, San Francisco

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

One of the most frequently asked questions today is “How can you accurately value commercial real estate without any comps and without any buyers?” Our panel of appraisal experts will share their thoughts on this issue along with recent experiences and observations of valuation trends shaping up in the private and public real estate world.

MODERATOR

Kurt Scheidt, Founding Principal | Kearny Capital Partners
Mr. Scheidt is a founding Principal of Kearny Capital Partners. Over the past 20 years, Mr. Scheidt has established himself as one of Northern California’s leading brokers of commercial real estate debt and equity.

PANELISTS

Rob Perrino, Senior Managing Director – Regional Manager | Cushman and Wakefield- Capital Markets Group – Valuation Services
Mr. Perrino oversees all valuation services throughout Northern California, Arizona, New Mexico and Nevada for Cushman and Wakefield, one of the leading valuation and advisory firms in the world. Among many of the services that fall under Mr. Perinno’s oversight are appraisal services, litigation support, bankruptcy valuation, loan portfolio valuations and feasibility analyses, among other services,

Paul Chandler, Founder and Chief Executive Officer | Property Sciences
Mr. Chandler founded Property Sciences in 1984 and the firm has grown into one of the largest appraisal firms in the Western United States with a strong and growing presence nationwide. Mr. Chandler is the former publisher of the California Housing Report and is a recipient of the Affiliate of the Year Award, the highest honor presented to a non-mortgage broker by the California Association of Mortgage Brokers.

Marty Shearer, Senior Managing Director | PGP Valuation Inc.
Mr. Shearer has been valuing commercial real estate for over 15 years and is now manager of the Sacramento office for PGP Valuation Inc., one of the largest appraisal firms in the world with over 250 associates in 3 countries. While offering appraisal services on all asset types, Mr. Shearer focuses much of his time on the industrial sector.

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