NRBP Real Estate Market Forecast: Newark’s Stock is Rising (NEW DATE)
When: 8 a.m. to 10:30 a.m. Monday, March 19.
Where: Best Western Robert Treat Hotel – 50 Park Place, Newark
Description: As Newark moves through the next phase of the Amazon HQ2 selection process, all involved agree that the application process was beneficial in that it illustrated that Newark scores well on many counts and is a strong competitor for any business, resident or visitor seeking to relocate or stay. Mayor Ras Baraka’s Hire. Buy. Live. initiative, as well as numerous other public, private and nonprofit initiatives, demonstrate that Newark is on an upward trajectory that will continue in 2018. Moody’s recent upgrade of the city’s financial outlook from negative to positive, further highlights Newark’s position as a prime location for companies and residents alike.
The Real Estate Market Forecast is a Real Estate, Economics and Development series event, which is sponsored by TD Bank.
Savills Studley Chief Economist Heidi Learner will provide the real estate report and outlook. John F. Palmieri, Newark’s deputy mayor for economic growth, transportation and infrastructure will provide opening remarks, as will New Jersey Economic Development Authority CEO Tim Sullivan.
Panelists will include:
- Ommeed Sathe, vice president, impact investments for Prudential Financial (moderator); Jonathan Cortell, vice president with L+M Development Partners Inc.;
- Frank J. Giantomasi, partner with Chiesa Shahinian & Giantomasi PC;
- Aisha Glover, CEO and president with Newark Community Economic Development Corp.; Jennifer Mazawey, partner with Genova Burns LLC;
- Michael Sommer, executive vice president, development, with Edison Properties LLC;
- Joseph S. Taylor, CEO and president of Matrix Development Group
NAIOP New Jersey Public Policy Symposium
When: 7:45 a.m. to 11:30 a.m. Wednesday, March 21
Where: The Heldrich, 10 Livingston Ave., New Brunswick
Description: This annual event brings together government policy makers and industry leaders for interactive conversations about the most important economic issues facing our state and how we can make New Jersey more competitive and attractive to young talent, new employers and investment, and more prosperous and affordable for all residents. Our program will include three segments:
Featured speaker: Matt Platkin, chief counsel to Gov. Phil Murphy, will join us for a discussion of key priorities of the new administration and how they might impact the commercial real estate industry.
A conversation with the new legislative leadership: NAIOP New Jersey President Dave Gibbons, CEO of Elberon Development Group, will lead a conversation with new Assembly Speaker Craig Coughlin, Senate President Pro Tempore Teresa Ruiz, Clark Machemer of Rockefeller Group and Steve Santola of Woodmont Properties.
Is New Jersey ready to move forward from being touted as “just a suburban market” to the more important “growth ring” of the Northeast region? Our panel will unpack the ideas around: Next-generation workforce and the ever-important talent migration; the evolution of our co-working ecosystems and the blended model for commercial development; our shift away from the commoditization of our commercial product to a stronger identity and business ready product; and commuting in New Jersey has never been more difficult — how do satellite offices, technology and urbanization of campuses support this? Dana Nalbantian of Gensler will lead this discussion with Dan Loughlin of JLL, Hackensack Mayor John Labrosse, West Orange Mayor Robert Parisi, Ross Chomik of Vision Real Estate Partners, and Rutgers University economist Dr. James Hughes.
Real Estate Trends Symposium: Aligning Development Strategies for Impact and Profit
When: 7:30 a.m. to 12:30 p.m. Thursday, March 22
Where: Montclair State University Feliciano School of Business – 1 Normal Ave. (SBUS 140 Multipurpose Room) Montclair
Description: Is your development strategy aligned with the current market? What is the future of residential and commercial development? How are the capital markets responding to the need for affordable housing and mixed-use development, and the uncertain retail sector? What impact will the proposed changes to the tax code have on the real estate market? With a single-party control of both houses of Congress and the White House and a new governor in New Jersey in 2018, what can you expect to happen to the federal and state government programs? With the many proposed changes at the federal level and expected changes at the state level, what effect will this have on the real estate development and finance sector in New Jersey?
This half-day symposium will provide an in-depth overview of the state of the real estate market and discuss the trends, changes and impact on the real estate development and financing market. You will hear market and submarket reports on the single-family, multifamily, retail, hotel and office sectors, and several industry experts will provide their insights on the market outlook for 2018. Come hear what this may mean to your ability to develop, finance and manage real estate development projects.
Speakers include Andrew Bush of Cooper University Hospital, Leah Sandbank of McManimon, Scotland & Baumann LLC, Ronald S. Ladell of AvalonBay Communities, Maurice Coleman of Bank of America Merrill Lynch, Wayne Meyer of New Jersey Community Capital, Nancy Erickson of Colliers International, Thomas M. Coughlin of BCB Community Bank, Sonny Jumani of Tulfra Realty, Ankit Duggal of Capodagli Property Co., James Hughes of Keller Williams Realty, Richard Gatto of Marcus & Millichap, Dan Alger of Goldman Sachs, Leslie A. Anderson of the New Jersey Redevelopment Authority, and Dr. Joseph Nicholson of the Feliciano School of Business.
IOREBA Developer’s Night
When: 5 p.m. Monday, March 26
Where: Marriott at Glenpointe Hotel – 100 Frank W Burr Blvd., Teaneck
Description: The Industrial and Office Real Estate Brokers Association of the New York Metropolitan Area (IOREBA) will host its 25th annual Developer’s Night event at the Marriott at Glenpointe Hotel in Teaneck. A panel of distinguished commercial real estate professionals will discuss the state of today’s commercial real estate marketplace in New Jersey, as well as new trends and development projects. The state of the market panel discussion will be moderated by David Simpson, vice chairman with Newmark Knight Frank. Other panelists include Kevin Welsh, executive managing director with Newmark Knight Frank; Ben Rosen, vice president of leasing with Duke Realty; Jeff Milanaik, principal with Bridge Development Partners; and John Saraceno Jr., managing principal of Onyx Equities.
The event begins with cocktails and networking from 5 p.m. to 6:30 p.m., followed by a buffet dinner and panel presentation.
“IOREBA’s Developer’s Night is one of our industry’s most popular and well-attended events, and we look forward to hearing from this year’s panel of experts,” said Jonathan Tesser, 2017-2018 IOREBA president and executive managing director of Colliers International. “We have assembled a panel of major influencers in New Jersey’s commercial real estate industry, and the evening’s discussions should provide details on popular product types, new developments and industry trends.”
Rutgers Center for Real Estate: A Focus on Commercial Real Estate Lending (NEW DATE)
When: 7:30 a.m. Thursday, April 12
Where: Hyatt Exchange Place – 2 Exchange Place, Jersey City
Description: What are the major issues and challenges facing lending institutions? What factors are most important to the institutions’ decisions? Join the Rutgers Center for Real Estate for its second annual Capital Allocation Symposium: A Focus on Commercial Real Estate Lending.
- Morris A. Davis, Paul V. Profeta chair of real estate, Rutgers Business School
- Julia Coronado, president and founder of MacroPolicy Perspectives LLC and blogger for the Rutgers Center for Real Estate
- John Gunther-Mohr, senior vice president for commercial real estate, Santander Bank
- Tom Hyland, senior vice president, PNC
- Meggan Walsh, deputy group head, CIT Real Estate Finance
- Michael Klein, managing director, HFF
- Peter Gordon, managing director, Alliance Bernstein
- Ted Norman, managing director, TH Real Estate
- Kara McShane, managing director, Wells Fargo Securities
- Gretchen Wilcox, CEO and president, G.S Wilcox & Co.