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Keynote Speaker: Gordon F. DuGan, President and CEO, W. P. Carey & Co. LLC Gordon F. DuGan is president and CEO of W. P. Carey & Co. LLC and CEO of its series of Corporate Property Associates (CPA) non-traded REIT funds. DuGan joined W. P. Carey as assistant to the chairman in 1988 and served in W. P. Carey's Investment Department in several capacities, including as head of investments. He serves as trustee of the W. P. Carey Foundation and on the boards of the National Association of Real Estate Investment Trusts ("NAREIT"), the New York Pops and the Hewitt School. A member of the Young Presidents Organization, DuGan has appeared in numerous media outlets including Forbes, Institutional Investor, The Wall Street Journal, Business Week, Bloomberg and CNNfn. He received his B.S. in economics from the Wharton School of the University of Pennsylvania. |
Keynote Speaker: Kieran Quinn, Chairman and CEO, Column Financial Kieran P. Quinn is chairman and chief executive officer of Column Financial, Credit Suisse’s Atlanta-based mortgage lending subsidiary for multifamily, hotel, retail and commercial properties. He also is a managing director of Credit Suisse and 2008 chairman of the Mortgage Bankers Association. Quinn joined Credit Suisse in November 2000 when the firm merged with Donaldson, Lufkin & Jenrette, where he was president and CEO of the company’s Column Financial subsidiary. He joined DLJ/Column in 1993 and has been responsible for managing Column Financial, Column Canada and Column Guaranteed, the Fannie Mae and Freddie Mac multifamily origination business. Quinn joined DLJ/Column from Equitable Real Estate, where he was a vice president with responsibility for mortgage assets. Prior to that, he was chief financial officer for a private development company in Atlanta for 10 years. He began his career with First National Bank of Chicago in the commercial lending department, and later joined the real estate lending department. Quinn is a governor of the CMSA, a trustee of the ICSC and serves on the Finance Council of the Archdiocese of Atlanta and the Cathedral of Christ the King. He also is a trustee of Regis High School in New York City and serves as an Advisory Board member of the Chicago GSB Real Estate Alumni Group. Quinn received an MBA from the University of Chicago and a B.A. from Villanova University. |
Jay Brinkmann, Vice President, Research and Economics, Mortgage Bankers Association Jay Brinkmann is vice president of research and economics for the Mortgage Bankers Association, where his responsibilities include economic forecasting, mortgage industry analysis, benchmarking of industry profitability and providing support for legislative and regulatory initiatives. A native of New Orleans, Brinkmann began his career as a press secretary on Capitol Hill and then served as the deputy chief of staff to the first Republican to be elected governor of Louisiana. He then entered the world of banking, joining the Commercial Group of Premier Bank in Baton Rouge. He later joined the business school faculty at the University of Houston, where he specialized in financial institution regulation and the development of the energy derivatives markets in the 1990s. In 1997 he moved to Washington to work for Fannie Mae in the development of the company's risk-based capital requirements for credit guaranty fee pricing and interest rate risk management for the company's large mortgage portfolio. He joined the Mortgage Bankers Association in early 2001 to build the organization's commercial real estate research efforts. The following year he was placed in charge of the association's entire research group. He has published articles on bank regulation and capital requirements in various academic journals and on the op-ed page of The Wall Street Journal. He is frequently quoted in newspapers and magazines across the country on real estate topics, and has been interviewed on cable channels such as CNN and Bloomberg News. Brinkmann holds a Ph.D. in finance from Purdue University and an MBA from Tulane University. |
Steven Davidson, CFA, Vice President, Capital Market Research, for the Securities Industry and Financial Markets Association (SIFMA ) Steven Davidson is responsible for research, data and analysis of trends across global capital market asset classes in support of the organization’s mission. His department’s projects have included quarterly analyses of structured finance trends in Europe and the United States, the organization’s dealer mortgage prepayment forecast, and a study on securitized product pricing and information sources. Davidson joined the Bond Market Association as director of research in 2003. Under his leadership, the research department was responsible for development of data and statistical products and analysis pertaining to the fixed-income markets and for research on trends in the fixed income markets in support of association market practice and advocacy projects and similar initiatives. In 2004, Davidson was promoted to vice president and director of research. Davidson brings 20 years of relevant experience in investment and economic analysis to the association. He spent nearly nine years at America's Community Bankers as senior financial economist and directed the organization’s research activities. He was responsible for management of industry surveys, the organization’s economic newsletter, and policy issues affecting the banking industry, and acted as the principal advocate on financial management and accounting issues. At the same time, he was a partner in the consulting company Perpetual Motion, advising on investment analysis, management consulting, asset securitization and public policy. Davidson previously held positions at Ferguson and Co., Hovde Financial, the Federal Home Loan Bank Board and the Office of the Comptroller of the Currency. He holds an MBA from the University of Iowa, an M.A. in economics from Georgetown and a B.A. in political science from Knox College. He is a Chartered Financial Analyst and a member of the Washington Society of Investment Analysts, the Fixed Income Analysts Society and the Association of Investment Management Research. |
Ivan Makil, President, Ivan Makil LLC, Seven-Generation Concepts Ivan Makil heads Ivan Makil LLC, Seven-Generation Concepts, a business that provides public and private organizations with assistance in government affairs, business and economic development. As the former president of the Salt River Pima-Maricopa Indian Community, Makil is a leader who combines far-ranging vision with political acumen. He has spent his whole life working for Indian Country in various capacities. In his three terms as president, Makil helped to guide the business and social development of the Salt River Community. Under his leadership, the Salt River Pima-Maricopa Indian Community has become a nationally recognized model for successful business enterprises, land-use planning and overall economic development that is creative, diversified and culturally sensitive. A former member of the International Founder’s Council for the Smithsonian Museum of the American Indian, he is sought after as a speaker and advisor on both Indian and non-Indian issues. His accomplishments include coordinating and overseeing the first ballot initiative on gaming ever attempted in Arizona and the U.S. One of the most significant milestones of socio-economic growth for the community was Makil’s proposal to develop and introduce an “investment committee” that would establish and manage a portfolio of all tribal assets. In 1994, Makil was one of 10 tribal leaders asked to present at the first White House meeting of Indian tribes with the President of the United States and all members of his cabinet. In August of 1998 Makil played a significant role in developing and presenting the first White House Conference on Building Economic Self –Determination in Indian Communities. He was also instrumental in the creation, planning and development of “The National Summit on Emerging Tribal Economies” held in Phoenix in 2002, and was a featured keynote speaker at the summit. |
Robin Panovka, Partner, Wachtell, Lipton, Rosen & Katz Robin Panovka is a partner at Wachtell, Lipton, Rosen & Katz, where he specializes in mergers and acquisitions, strategic transactions and corporate governance. He works principally in the real estate, REIT and hospitality sectors, and in cross-border transactions. Panovka co-heads the firm’s Real Estate and REIT M&A groups and has been active in many recent noteworthy M&A transactions in those sectors. Since 2001 he also has been integrally involved in the redevelopment of the World Trade Center, as counsel to the Silverstein development group. He has broad experience in the formation and investment activity of private equity real estate opportunity funds, restructurings, divestitures, buyouts and other transactions involving both publicly-traded and privately-held companies. He also specializes in strategic joint ventures, acquisitions, dispositions and development of significant properties and portfolios, both in the United States and in cross-border transactions. Panovka is a frequent speaker and author on topics involving mergers and acquisitions, REITs and commercial real estate. He is co-author of “REITs: Mergers and Acquisitions,” which was published by Law Journal Press. He is co-chairman of the advisory board of New York University's REIT Center for the Study of Public Real Estate Companies, and serves on the advisory board of NYU's Real Estate Institute. He also is a member of the American College of Real Estate Lawyers and serves on the boards of Duke University School of Law and the Harlem Educational Activities Fund. Panovka was born in Johannesburg, South Africa, and lived in Israel for 11 years. He earned his bachelor's degree cum laude from Cornell University and received his J.D. (with honors) from Duke University. He is a member of the New York Bar. |
Conley Wolfswinkel, Strategic Management Consultant, W Holdings Chosen as one of the most influential business leaders of 2007 by the Phoenix Business Journal, Conley Wolfswinkel is a strategic management consultant to W Holdings. W Holdings is the trade name for several Wolfswinkel family-affiliated developments that include investment farming operations and many hallmark residential, retail and commercial developments. He is currently providing strategic counsel on the zoning, development, sale and acquisition of more than 75,000 acres of W Holdings land in Arizona. He began his business career while he was just a freshman in high school when he started leasing and farming land. Wolfswinkel is an authentic entrepreneur. Over the years, W Holdings and its partners have been proactively improving the quality of life for current and future residents of Arizona. He is a man who is often said to be ahead of his time. He demonstrates intense listening surrounding the stories of people, their motivations and desires about how and where they want to live and work. In an unconventional way, he merges his awareness and qualitative understanding of human factors with his technical expertise surrounding land acquisition, development, and finance and business relationships to form a constantly stirring vision about sustainable and profitable placemaking in Arizona. Wolfswinkel has enjoyed mentoring many real estate professionals over the years and his apprentices have come to be some of his strongest competitors. He currently enjoys mentoring and advising his adult children and he serves as a Professor of Practice at the ASU W. P. Carey School of Business, where he is able to engage with M.B.A. students who are forwarding their education and careers in real estate. Wolfswinkel is a generous man and part of a generous family who has donated time and money to many Arizona non-profit organizations in areas that largely focus on human development. |
Robert E. Mittelstaedt Jr., Dean, W. P. Carey School of Business, Arizona State University Robert E. Mittelstaedt Jr. has been dean of the W. P. Carey School of Business since June 2004. Between 1973 and 2004, Mittelstaedt served in numerous positions at The Wharton School, University of Pennsylvania, most recently as vice dean for executive education and director of the Aresty Institute of Executive Education, which under his leadership grew into one of the largest organizations of its kind in the world. He was instrumental in founding the Directors’ Institute, the Wharton Electronic Commerce Forum and Knowledge@Wharton. He also was responsible for Wharton’s development and communications functions. He led the startup of Wharton West as interim vice dean from 2000 to 2001. In the late 1980's he founded, developed and sold Intellego Inc., a company engaged in practice management, systems development and service bureau billing operations in the medical industry. His most recent teaching has been with executives in the areas of corporate governance and strategy. He is a co-author of Knowledge@Wharton on Building Corporate Value (Wiley 2002), and author of Will Your Next Mistake Be Fatal? Avoiding the Mistake Chain That Can Destroy Your Organization (Prentice Hall 2004). He has been actively involved in strategy, marketing, management, systems and corporate governance consulting. Past clients include American Airlines, American Medical International, American Medicorp, American Science and Engineering, AT&T, Bell Labs, British Airways, Cigna, DEC, Dresser Industries, FannieMae, FMC, IBM, ICI, Mutual Risk Management, Penn Mutual Life Insurance, Pfizer, Universal Health Services, U.S. Nuclear Regulatory Commission, Weirton Steel Co., and many smaller startup companies. He is a member of the boards of directors of IS&S Inc., HIP Foundation Inc., and the Laboratory Corporation of America. He formerly served as a member of the boards of directors of A.G. Simpson Automotive Inc., Dresser Insurance Inc. and Intelligent Electronics Inc. Mittelstaedt is a licensed commercial pilot with multi-engine and instrument ratings. He received his B.S. in mechanical engineering from Tulane University, served five years as a U.S. naval officer in nuclear submarines, and received an MBA from the Wharton School. |
Michelle Mace-Basha, Principal, M3B Inc. Michelle Mace-Basha is the principal of M3B Inc., a strategic marketing consulting firm in Phoenix. She cultivates breakthrough thinking for her clients via great strategy and intimate knowledge of consumer segmentation. She uses a variety of research and facilitation methods to reveal target audiences and provide intimate knowledge of them framed within a firm understanding of the competitive environment. Mace-Basha is the founder of Sticky Branding and co-founder of Brand and The Alchemy of Place, both of which are strategic branding paradigms for real estate developers and home builders. Prior to starting M3B Inc. in 1998, she was employed with Del Webb Corp. for nine years. She also served in significant capacities with Coopers & Lybrand, Retirement Living Affiliates, and the Public Opinion Research Center at ASU. Mace-Basha is married and has two young boys. She is a founding member of the ASU Foundation‘s Women and Philanthropy Program, is second vice president of the Arizona Zoological Society and serves on a special work group advocating for local performing arts and culture. She also volunteers at her sons’ school. She has a master’s degree in communication from ASU and also is a graduate of the Center for Creative Leadership. She is an adjunct professor of real estate at the W. P. Carey School of Business. |
Steven R. Chanen, President, Chanen Construction Co. Inc. Steven R. Chanen, is president of Chanen Construction Co. Inc., a 51-year old leader in the construction and real estate development industry in the Southwestern United States. He also is chairman of the board of SR Chanen & Co., an investment banking firm, and president of Chanen Development Co. Inc., both affiliates of Chanen. In addition, he has been an advisor to leaders of private and public companies. His areas of expertise include commercial and industrial contracting and construction management; real estate development and planning; print and broadcast media transactions; law; strategic planning; capital formation; mergers, acquisitions and divestitures; biotechnology, and intellectual property. He is a member of the Arizona Bar Association, Maricopa County Bar Association, California Bar Association and the American Bar Association. Chanen is or has been a member of the board of directors/trustees of the following organizations: The Arizona Science Center; the Maricopa County Community College District Foundation (past President), Phoenix Children's Hospital Foundation, the Arizona Baseball Commission, COMPAS Inc., Arizona's Politically Interested Citizens, Anytown America Inc., Arizona Governor's Office For Children, Learning Research Enterprise, ILX Inc., Institute for the Study of American Wars, the National Conference,Community Forum (past President), and the Arizona Governor's Motion Picture and Television Advisory Board (past Chairman). He also is or has been active in the following organizations: YPO (Young President's Organization), Social Venture Partners-Arizona, Valley Leadership, Kids Voting, Musical Theater of Arizona, Phoenix Futures Forum, Greater Phoenix Economic Council - Regional Advisory Board, Samaritan Medical Foundation, and the United Way. Chanen attended the University of California at Los Angeles and Arizona State University, receiving bachelor of science and juris doctor degrees. |
Crocker H. Liu, McCord Chair, Professor of Real Estate and Finance and Director of The Center for Real Estate Theory and Practice, W. P. Carey School of Business, Arizona State University Crocker H. Liu is a professor of real estate and finance at the W. P. Carey School of Business, where he holds the McCord Chair. He previously taught at New York University and was associate director of real estate. His research interests are focused on issues in real estate finance, particularly topics related to agency, organizational forms, market efficiency and valuation. Liu’s research has been published in the Review of Financial Studies, Journal of Financial Economics, Journal of Business, Journal of Financial and Quantitative Analysis, Journal of Law and Economics, Journal of Financial Markets, Review of Finance, Real Estate Economics and the Journal of Real Estate Finance and Economics. He is currently the co-editor of the Journal of Real Estate Economics and is on the editorial board of the Journal of Property Research. He also previously served on the editorial boards of the Journal of Real Estate Finance and Economics and the Journal of Real Estate Finance. He currently serves on the advisory board of the Real Estate Research Institute and is on the board of directors of the American Real Estate and Urban Economics Association. Liu won five teaching awards at NYU, including Undergraduate Teacher of the Year, Executive MBA in Finance Teacher of the Year, and Distinguished Teaching Fellow. He also has won seven research awards. He was a professional realtor in Hawaii for a number of years and was a vice president with Prudential Real Estate Investment Group. He has consulted with RREEF, Milliman and Robertson, and Standard and Poors, among others. Liu earned his BBA in real estate and finance from the University of Hawaii, an M.S. in real estate from Wisconsin under Dr. James Graaskamp, and a Ph.D. in finance and real estate from the University of Texas. |
Lawrence Longua, Director of the New York University REIT Center and Clinical Associate Professor of Real Estate, NYU Real Estate Institute Lawrence J. Longua has more than 40 years of commercial real estate experience, having held senior positions in the real estate units of Chemical Bank, Irving Trust Co., Bankers Trust Co., and the Mitsubishi Trust and Banking Corp. He is the director of the NYU REIT Center within NYU's Real Estate Institute. Longua is a clinical associate professor in the NYU Real Estate Institute's graduate real estate program, as well as the senior managing director of Multi Capital Group, a real estate investment company based in New York. He also is a principal of Canopy Development LLC, a resort development company; a co-founder and principal of UrbAnalysis LLC, a real estate research firm; and a principal of TernGroup LLC, developer of a $2 billion mixed-use project in Elizabeth, N.J. Longua's professional and community activities include or have included: the Real Estate Institute Appraisal Advisory Council; director of Acadia Realty Trust (NYSE: AKR); former president and current member of the board of governors, Mortgage Bankers Association of New York; member of the Board of Directors, Association of Foreign Investors in U.S. Real Estate (AFIRE); and the Advisory Board of New Horizons Inc., an advocacy organization for severely disabled. He received a B.S.S. in economics from Fairfield University and an M.B.A. from Dowling College, and completed the Harvard University Advanced Management Course. |
Don Miner, Director, Fennemore Craig Don Miner is a Fellow of the Arizona Bar Foundation. He joined Fennemore Craig in 1997 after moving his practice from the firm of Hienton, Miner, Fry & Kurtz, P.C. He has practiced law in Phoenix for more than 27 years, mostly with large firms. Miner's practice focuses primarily on real estate and business transactions and development, including finance, leasing and brokerage matters, along with related workouts, creditors' rights and bankruptcy. His practice covers the negotiation and documentation of purchase and sale transactions; development agreements; commercial loans,; drafting and enforcement of commercial space and ground leases; and preparation of covenants, conditions and restrictions affecting real property. His practice also encompasses development and leasing on Indian reservation lands and on Arizona State Land Department tracts. He has taught at various seminars and classes sponsored by the Arizona School of Real Estate and Business. He is the author of various articles relating to real estate transactions and financing, commercial leasing, limited liability companies and real estate broker regulations. Miner has been published in The Arizona Attorney, Arizona Business Magazine, and Arizona Journal of Real Estate and Business (1998-2006). He received a B.A. and a J.D., cum laude, from Brigham Young University. He is an adjunct professor of real estate at the W. P. Carey School of Business. |
Dr. Anthony B. Sanders, Bob Herberger Arizona Heritage Chair, Professor of Real Estate and Finance, W. P. Carey School of Business, Arizona State University Anthony B. Sanders is a professor of real estate and finance at the W. P. Carey College of Business, where he holds the Bob Herberger Arizona Heritage Chair. He has previously taught at the University of Chicago (Graduate School of Business), University of Texas at Austin (McCombs School of Business) and The Ohio State University (Fisher College of Business). In addition, he served as director and head of asset-backed and mortgage-backed securities research at Deutsche Bank in New York City. His research and teaching focus on investments with particular emphasis on real estate finance and investment. He has published articles in Journal of Finance, Journal of Financial and Quantitative Analysis, Journal of Business, Journal of Financial Services Research, Journal of Housing Economics and others. Sanders has received six teaching awards and three research awards. He serves as associate editor for several leading journals. He recently has given presentations to the European Central Bank in Frankfurt and Exane BNP Paribas in Paris and Geneva on the U.S. housing bubble and the mortgage market. He has given other presentations in Chile, Japan, China, Poland, England and Mexico in recent years. He has served as a consultant to various firms, including Merrill Lynch, UBS, Bank of Scotland and Deutsche Bank on the subjects of mortgage-backed securities and commercial mortgage-backed securities. He has served as an expert witness on behalf of the U.S. Department of Justice, Merrill Lynch, UBS/Paine Webber, Wachovia/First Union Bank and others on commercial mortgage-backed securities, mortgage derivatives, residential and commercial mortgage origination and underwriting, and sub-prime mortgage lending. He received his B.A. in geography from Chico State College, an M.A. in geography and a Ph.D. in urban and housing economics from the University of Georgia. |
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