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Speakers and Panels

Speakers

Kristin Richards
State incentives doubled private investment in Illinois to $12.5B in 2024

Kristin Richards

Director

Illinois Department of Commerce and Economic Opportunity

George Cardenas
Candidate for Mayor of Chicago in the February 2027 election

George Cardenas

Commissioner

Cook County Board of Review

Michael Fassnacht

Michael Fassnacht

Chief Growth Officer & President, Chicagoland

CLAYCO

Susana Mendoza

Susana Mendoza

Comptroller

State of Illinois

George Cardenas

Candidate for Mayor of Chicago in the February 2027 election

Cook County Board of Review

George Cardenas is currently in his first term as Cook County Board of Review Commissioner

of the First District, which consists of the southwest side of Chicago, parts of the northwest

side of Chicago, the western suburbs, and the northwest suburbs. Before he was

Commissioner, he served 20 years as a Chicago alderman, where he was the Deputy Floor

Leader of City Council, Chair of the Environmental Protection and Energy Committee, and

Vice-Chair of the Committee on Immigrant and Refugee Rights. Commissioner Cardenas is

also an appointed member of the Cook County Environmental Commission.

As a young child, Cardenas and his family came to Chicago in search of the American Dream

after emigrating from Durango, Mexico. After graduating from Lane Technical High School in

1984, Cardenas joined the United States Navy to help pay for his education. After earning an

honorable discharge, George successfully earned an undergraduate degree in accounting and

a master’s degree in political science from Northeastern Illinois University. Before joining

government, Cardenas accumulated over a decade of experience working for Fortune 500

companies. This background gives him valuable insight into the needs of the community and

a desire to be a voice for positive change for the area.

Commissioner George Cardenas, who was raised in the Chicago neighborhood of Little

Village, currently resides in McKinley Park with his family.

Michael Fassnacht

Chief Growth Officer & President, Chicagoland

CLAYCO

A seasoned business executive, marketing and strategic thought leader with more than 30 years of experience, Michael joined Clayco, one of America’s largest fully integrated design and engineering centric builder and real estate development firm across the commercial, industrial and residential sector as its first ever Chief Growth Officer and President of Chicagoland in early 2024. Prior to this role between, Michael led as President and CEO World Business Chicago, the City’s economic development organization, with more than 100 C-Suite executives from all over Chicagoland on its business centric board between 2020 and early 2024. The organization’s core focus is on growing its industry sectors by supporting the expansion of existing Chicagoland based companies and by attracting new corporate relocations to the region, all with a focus on equitable economic prosperity across all 77 neighborhoods and the region. Additionally, Michael worked alongside the Mayor’s Office as the Chief Marketing Officer to ensure that all marketing, branding, and business development activities for the city were aligned with Mayor Lightfoot’s and then Mayor Johnson’s economic growth plan focused on inclusive growth across Chicago’s 77 neighborhoods.

Michael Fassnacht has been a recurring figure in Chicago’s civic community and has led critical pro-bono work for the rebranding of the Chicago Public Library and its foundation, the city’s Amazon HQ2 pitch, the City’s Census 2020 activities and “Boards of Change”, an award-winning initiative to encourage residents to register to vote. Most recently, Michael served as a Co-Chair on Mayor Johnson’s transition sub-committee for Economic Vitaly & Equity. Additionally, he has been involved as a board member with Choose Chicago, Chicago Public Library Foundation, The Civic Consulting Alliance, CURRENT, The Poetry Foundation, and World Business Chicago while providing counsel to P33, and The Chicago Prize by the Pritzker/Traubert Foundation. Michael also serves as a 2022 Daniel Burnham Fellow.

Prior to his most recent role, Michael served for more than 10 years as CEO & President at one of the city’s oldest and most successful advertising agencies, Foote Cone & Belding (FCB). He led his agency to unprecedented international creative recognition and strong above-industry topline growth over his tenure. Over his long career, he has been recognized as a global expert in building and marketing brands. He started his corporate success trajectory at Lufthansa Airlines in Frankfurt, where he led the airline’s frequent flyer program, Miles & More, before departing to Silicon Valley where he was a successful start-up entrepreneur.

Michael was born in Germany and made his way stateside in college where he met his wife, Dr. Rhonda Duffaut. They currently reside in Chicago and have two children, Maya and Ryan.

Tickets

Super Early Bird

$120.00 /ticket

Save the most by registering now!

Why You Can't Miss This Event

What We'll Cover

  • The Election and the Economy

    • Budget pressure, property taxes and what the development community needs from City Hall

  • A New Era at the Assessor's Office

    • What a new assessor means for commercial valuations and appeals

  • Capital Markets Outlook

    • Rates, lending appetite and the return of deal flow

  • Buying the Bottom

    • How record office discounts are resetting values across downtown

  • Megaprojects in Motion

    • The 1901 Project, Foundry Park, Quantum Shore, The 78 and Google's Thompson Center

How You'll Do More Business

Bisnow's 2027 Chicago Market Forecast convenes the city's top CEOs, lenders and public leaders for a clear-eyed look at the year ahead, landing just weeks before an election that will shape the next four years of development in Chicago. Get the data, the deals and the policy outlook you need to plan your year, and connect with the people who move the market.

Projects to be Discussed and In the News

Who You'll Network With

Owners, developers, investors, brokers, business consultants, architects, engineers, designers, lawyers, accountants, bankers and city and government officials

Why You Should Attend

  • Insights and takeaways that directly impact your bottom line

  • Connections with the people you need to do more business

  • A fun, high-impact morning that actually helps you drive deal flow

Questions about your ticket purchase or interested in sponsoring? 

Reach out to customerservice@bisnow.com for customer support. For questions, recommendations, comments or press inquiries please email Will Follett at will.follett@bisnow.com. To request disability-related accommodations, please contact janet.fernandez@bisnow.com no later than seven business days prior to the event.

Agenda

Time Activity
8:00 AM
9:00 AM
Breakfast, Networking and Bisnow Welcome
9:00 AM
10:00 AM
Mayoral Roundtable: What’s Next for City Hall?
10:00 AM
10:45 AM
Chicago at the Crossroads: The 2027 Outlook

Capital, policy and the projects that will define the year, four weeks before Chicago picks its next mayor

Chicago heads into 2027 with an $882M city budget gap, a crowded mayor's race, a new county assessor, office towers trading at historic discounts and megaprojects still moving. Our panel of CEOs, capital leaders and public officials lays out what they are betting on this year, what keeps them up at night, and what the next administration needs to get right for real estate to keep building.

10:45 AM
11:30 AM
Closing Networking