Will Murphy is CEO & Managing Partner with CEDARst Companies responsible for all aspects of the development process

and the ongoing management of its portfolio, with a market cap in excess of $1 billion.  CEDARst Companies is a

fully integrated commercial real estate firm with a focus on development, general contracting and property

management.

Will has over 15 years of commercial real estate experience in development and finance. Prior to joining CEDARst,

Will was an Associate Director within the Real Estate Capital Markets Group of Barclays Capital, the investment

banking division of Barclays Bank headquartered in London, England. Most recently, Will was a Senior Vice

President at Cole Taylor Bank, a regional bank headquartered in Chicago, IL. Over his career, Will has been involved

in the acquisition, finance and development of $3 billion in commercial real estate transactions across all asset

classes in every major domestic market.

Will holds degrees in real estate and finance from the Business School at The University of Wisconsin. He serves on

the Board of Advisors of the James A. Graaskamp Center for Real Estate at the University of Wisconsin and is an

active member of the Urban Land Institute. A frequent speaker on the development process, prior engagements

include: REIA, Bisnow, Jones Lange LaSalle and the Urban Land Institute

Will resides in Lincoln Park with his wife Alexandra, daughter Charlotte and son Emmet.

As the Chicago Office Design Leader and a Senior Project Designer at DLR Group, Aaron is committed to fostering a culture of design excellence. He does this by providing a purposeful, hands-on approach that prioritizes mentorship, collaboration, and process. With his design leadership, Aaron guides his project teams to create practical, innovative, and contextually relevant architectural solutions that exceed the expectations of clients and users in our rapidly changing society. He thrives in collaborative environments and synthesizes collective efforts to achieve exceptional design that resonates with the human spirit and community vision. Currently, he is leading design efforts for a 30-story dual-brand hotel in downtown Austin, Texas.

Javier joined the Xfinity Communities team in 2019 as Manager of Commercial Development. He led a successful Account Executive team through sales growth and acquisition strategy. Now, Javier brings his 19 years of experience and leadership in the telecom industry to lead and drive MDU growth and expansion in Comcast’s Greater Chicago Region.

Javier was a member of the United States Marine Corps Reserve where he received meritorious promotions and graduated at the top of Military Occupational Specialty class. He attended Northeastern Illinois University and is a member of several organizations including HACIA, IHCC, ASIS, and the Metropolitan Leadership Institute.

Prior to founding City Pads LLC, Andy Ahitow was the founder of Chicago Apartment

Finders (“CAF”), a company he grew to 5 locations with 150+ employees. During his

helm at CAF, Andy formed a development partnership with Marc Realty Residential

(“MRR”) where as Director of Development, he oversaw the construction of

approximately $338M of real estate value. He also expanded CAF into property

management to manage the rapidly growing portfolio. The success of CAF was

recognized by Coldwell Banker and in September 2015 Andy sold the company to

pursue and focus on his own development projects. Following the sale, City Pads LLC

was started with the vision of developing residential properties that match his own

personal attention to detail with forward thinking projects that combat the demand of

modern renters looking for convenience, style and value. In the 4 years since its

conception, City Pads has acquired and developed 15 developments worth

approximately $111M in real estate value. Andy is responsible for overseeing all

operations of the company’s growth and current $111 million portfolio.

Jennifer is a Managing Partner, Chief Operating Officer and a member of Highgate’s Investment Committee. She is responsible for the firm’s asset management and portfolio operations. She oversees the execution of the firm’s portfolio and asset level strategy, which includes managing all third-party property management relationships, overseeing capital improvement projects and executing property-level business plans.

Prior to Highgate, Jennifer was a Vice President at Stockbridge Capital Group, where she was responsible for the firm’s $600 million Southeast and Midwest multifamily portfolio. Jennifer also served as an Asset Manager and Deputy Portfolio Manager for Capri Capital Group, and began her career with Jones Lang LaSalle and LaSalle Investment Management.

Jennifer holds a B.S. in Building Construction from the Georgia Institute of Technology and a M.B.A. from Emory University. She has received several awards including “Emerging Leader in Multifamily” from Real Estate Forum, “40 Under 40” from the Robert Toigo Foundation, and in 2021 was selected as a “Rising Star” by CREW Chicago. She is a board member for Jetty Financial Services’ Real Estate Advisory Board and she is a board member for Amalgamated Bank of Chicago.

Kinjal Patel, as Executive General Manager, heads the Midwest construction business. He is responsible for leading Lendlease’s midwest business operations, pursuing new business ventures, fostering relationships across multiple business sectors, and forging new partnerships for Lendlease.

Throughout his 22-year career, Mr. Patel has held numerous management

positions with escalating responsibilities. Previously, having served as

General Manager, Construction, Vice President/Principal-in-Charge, he

oversaw Lendlease’s residential, mixed-use and commercial sectors for

the Chicago Office.

Over the course of his career, Mr. Patel has supervised and managed

construction projects in the greater Chicago area. His specialty is bringing

large scale, logistically complex, multi-phased programs – requiring the

coordination of several team members and numerous trades – from

preconstruction to construction. From a new 30-story Class A Office

Tower in River North (Rivere, 450 North Dearborn) to a 30-story mixed-

use tower housing two Marriott Hotels at 330 North Clark to the renovation

and reconfiguration of 354 affordable residential units for Lathrop Homes,

to an uber luxury 70-story condominum project at One Bennett Park, Mr.

Patel has a vast range of market sector expertise.

Mr. Patel earned a degree in Civil Engineering from the University of

Illinois.

Chuck Hurchalla is the president of Evolution Sustainability Group. He has over 30 years of experience in the deregulated energy markets, including natural gas, electricity and petroleum products. He is considered a subject matter expert on hedging strategies and the fundamental and technical drivers of movements in the energy markets, including renewable products. In addition, he has been instrumental in helping clients develop comprehensive energy management solutions that meet or exceed energy efficiency and sustainability goals.

Michael Israel, based in Chicago, is a prominent entrepreneur and innovation leader with deep expertise in the technology and real estate sectors. Over the past decade, Michael Israel has been at the forefront of launching and scaling disruptive startups, driving

success in both software and hardware industries. His ability to innovate has made him a sought-after figure in the venture capital-backed startup community.

Currently, Michael Israel holds the position of Chief Innovation Officer at Shapack Partners, a role that underscores his leadership in Chicago’s dynamic real estate market. In addition, he runs DISRVPT VENTURES, an independent consulting firm serving top-tier

clients such as LG Group, Kiferbaum Development, Finalyze Capital, Mode Mobile, and Mark Cuban Companies. Michael Israel’s influence extends across various sectors, reinforcing his status as a key player in the Chicago innovation scene.

Heather Skomba is responsible for the creative and strategic direction of all marketing initiatives for McCaffery’s development projects and operating properties as well as growing the firm’s third-party property management portfolio. Since joining McCaffery in 2014, Heather has led the lease-up, resident retention, and ongoing marketing efforts for more than 4,000 multi-family units. In 2022, Ms. Skomba co-founded McCaffery’s first-ever Culture Committee to collaboratively redevelop the company’s core values and establish a cross-functional panel to enhance employee engagement. She also spearheaded the creation of The McCaffery Way, the firm’s proprietary guide to managing commercial and multi-family assets. Heather has more than 20 years of experience in advertising and marketing and previously served as Creative Director for specialty agencies Gordon Hanrahan and CSSI. She earned her bachelor’s degree in Theatre from Northwestern University and was once a contestant (and winner!) on Wheel of Fortune.

Roger Daniel is the founder and President of Daniel Management Group, Inc. He is also President of DMG Leasing (dmgleasing.com), the leasing division of Daniel Management Group, Inc. In these capacities, Roger is responsible for the day-to-day management and leasing of a portfolio consisting of over 2,000 units around the broader Midwest. In 2021, Roger co-founded DMG Capital (dmgcapital.com), a real estate investment firm focused on sourcing, underwriting and structuring multifamily real estate transactions. Prior to creating Daniel Management Group, Inc., Roger held various positions in multifamily leasing, property management, acquisitions, and brokerage. Roger’s work history includes roles at The Habitat Company, Village Green Companies, Northwestern Mutual Real Estate and others. Roger earned a Bachelor of Arts degree, with honors, from the University of Wisconsin. He is a

licensed Real Estate Managing Broker, a member of the Chicagoland Apartment Association, a member of EUBA, and a member of the Chicago Association of Realtors.

Walid is a Sr. Manager of Commercial Development for Xfinity. Xfinity is the multifamily arm of Comcast, serving customers such as apartments, condos, dorms and senior facilities. Walid leads the Account Executive team, with a primary focus in the City of Chicago and surrounding suburbs, working with owners and associations to provide unique solutions to meet their needs. Walid joined Xfinity in 2013 bringing nearly 25 years of telecom experience with the last 12 years solely focused on Multi-family. Walid was born in Chicago and currently lives in the south suburbs with his wife and 3 kids.

David serves as founder and CEO of Wolf Development Strategies, a firm specializing in expert-level

advisory, marketing and sales executions for residential developments nationwide. Having worked on

both the consultant and principle side, he is a veteran in the multifamily and condominium development

space. David possesses high-level expertise in every facet of residential real estate and multifamily

development – from underwriting and entitlements, design and programming, to marketing and sales

executions.

Previously, David formed NRT LLC’s national Development Marketing division, which was known as ON

Collaborative in 2017. He acquired ON Collaborative from NRT in 2020, subsequently rebranding it as

Wolf Development Strategies. Before his roles with NRT LLC, David held dual roles at Related Midwest as

president of both Related Realty, the company’s full-service residential brokerage that he co-founded in

2012, and Related Midwest Sales, the exclusive development sales and marketing arm for all Related

Midwest developments.

Throughout his career, David has successfully executed on billions of dollars of asset acquisitions and

dispositions. His project success spans major metropolitan markets across the U.S., and includes

developments ranging from single assets to multi-phase, master-planned communities.

Jeff brings over 25 years of experience in real estate development and owner representation to his project leadership role with PMA, where he manages the planning, design, and construction activities for a diverse range of commercial, residential, and institutional real estate and building projects and plays a key role in the delivery of the firm’s services to an expanding client base.

As the Chicago-based regional multi-family sector lead, Jeff collaborates with internal client groups and teams of design, construction, and engineering professionals throughout the development life cycle to deliver successful and value-add project outcomes for his clients.

Over the past decade, he has represented developers, investors, and other ownership groups in both private and public sectors, focusing almost exclusively on ground-up, mixed-use / multi-family residential development. His portfolio includes projects throughout Chicago and other areas of the country, ranging in size from three-to-four story wood frame to high-rise developments. Jeff holds a Bachelor of Science in Advanced Technical Studies from Southern Illinois University and is an active member of ULI, the Chicago Real Estate Council, and is a LEED Green accredited professional.

Josh Hanna is a real estate Partner in the Chicago office of Kirkland & Ellis LLP. Josh focuses on complex real estate transactions including joint ventures, acquisitions and dispositions as well as financing, development, management and restructuring of real estate assets. He advises private equity sponsors, publicly traded investment firms, REITs, foreign pension funds and other institutional investors and developers in transactions involving various asset classes, including multifamily, industrial, office, hospitality and opportunity zones. Josh earned his B.A. from The Ohio State University and his J.D. from the Northwestern Pritzker School of Law.

Matt Fiascone, president of The Habitat Company, has led a full range of real estate development and investment activities for more than 30 years. Since joining The Habitat Company in 2011, Matt has been instrumental in strategizing, executing and managing capital events including development joint ventures, recapitalization of existing ventures and acquisitions. Matt has also established new relationships for both debt and equity, as well as strategic partnerships.

As president he leads the creation and integration of the vision and growth of Habitat. During his tenure he has overseen the expansion of the company's footprint and assets under management with a focus on continuously enhancing the company's culture for its team members, partners and residents.

Previously, Matt served as senior vice president for Inland Real Estate Development Corporation, where he originated and implemented real estate transactions involving assets valued at over $1 billion and negotiated and managed equity joint ventures.

Matt serves as vice chairman of the Board of Directors of Inland Bank and Trust and is a member of Lambda Alpha (a Land Economics Honorary Society), the Urban Land Institute and the National Multifamily Housing Council. Matt has been a frequent speaker and panelist for industry events. In addition, he is a licensed real estate broker in Illinois, Florida, Wisconsin and Missouri.

Matt has a bachelor's degree in business and economics from Bradley University.

Tania Kadakia is Director of Partnerships and Residential Investments for DL3 Realty Advisors. Under Tania’s leadership, DL3 has won one Invest South / West RFPs in the City of Chicago’s competition for Thrive Exchange, and one 9% application for Thrive Englewood. Tania is a seasoned LIHTC and apartment developer and finance expert. Tania has run deals with LIHTC (9% and bond/ 4%), historic tax credits, New Markets Tax Credits, Section 202 Seniors, TIF and many other sources, often on the same “layer cake” deal. Prior experience includes seven years as VP/ Relationship Manager with BMO Harris Bank. She has also worked in similar positions originating LIHTC equity at NEF and Enterprise. Tania has real estate development experience, having spearheaded the Wilson Yard project for Holsten Development, a highly complex project with two separate affordable housing pieces, a Target store and several thousand feet of smaller retail. Tania enjoys riding her bike, traveling, native gardening and speaking Spanish.

Kyle Shoemaker, Founder and Managing Director, has worked in multi-family investment sales for over twenty years. This time spans his entire career, which committed to focusing exclusively on Affordable Housing in 2006. He started in the business working for a large, national brokerage, then, in 2013, he partnered with the principals of Senior Living Investment Brokerage (SLIB), one of the nation’s leading brokers of nursing home and assisted living facilities, to create a new boutique brokerage specifically focused on selling deed-restricted Affordable Housing. Since that time, he has directly led a team in closing over 150 transactions totaling over $650M in value. Kyle is an advocate for affordable housing, as an active member of the Institute for Responsible Housing Preservation and the National Leased Housing Council. As a Chicago-based national authority on affordable housing brokerage, he has been a frequent speaker at industry conferences, including Bisnow Multifamily Forums, Interface Affordable Housing regional events, and REJournals Forums.

Bernie represents developers, land owners and building owners in the areas of land use and municipal law in the city of Chicago and its surrounding municipalities.

He counsels on zoning issues, annexation, economic redevelopment and historic preservation matters. His clients have included senior citizen housing developers, hotels operators, retail developers, hospitals, restaurant developers and residential developers ranging from single-family homes to high-rise multi-family projects. His emphasis has been both in the City of Chicago and surrounding municipalities, as far afield as Waukegan and Sugar Grove. He has represented both national companies and entrepreneurial developers. In recent years more and more of his business has involved adoptive re-uses of both buildings and properties. The projects have ranged from rehabbing older office buildings into residential projects to adopting shopping centers to new uses. Many of these projects have involved various forms of economic incentives including tax credits, tax abatements and Tax Increment Financing.

Bernie started his career in the City of Chicago's Corporation Counsel's Office where he was involved in land use, zoning, real estate, building code enforcement and general municipal law. Prior to law school, he practiced as an architect with the firm of Schaffer-Bonavolanta Architects, Inc. For 15 years, he served as village attorney for the Village of Vernon Hills along with providing special counsel services for various municipalities.

Bernie has taught as an adjunct professor at the John Marshall School of Law, teaching Land Use Law in the Masters of Real Estate Program. He also has lectured and continues to lecture on Land Use Law and Development at the University of Illinois at Chicago, DePaul University and Illinois Institute of Technology.

Along with practicing Law, Bernie is a musician and plays electric bass in various blues ensembles in Chicago.

Tina Bird is a Partner in the Real Estate Practice Group and her practice is nationwide, including construction contract drafting and negotiation, arbitrations, civil trials, mediations, claim preparation and mid-project analysis.

Tina represents material suppliers, subcontractors, contractors, construction managers, design-builders, architects, owners and sureties in every aspect of their business.

Before joining Freeborn, Tina was a Partner at Clark Hill PLC in the Firm's Construction, Business and Corporate Transactions, Litigation and Real Estate departments.

Eric Gould is an experienced leader with a background in both architectural design and construction cost analysis. His problem solving and creativity when it comes to project approaches allow him to build trust and develop strong client relationships. His experience aligning internal and external stakeholder objectives result in high quality project deliveries.

Samantha Miller is a Senior Vice President and Mortgage Banker at KeyBank Real Estate Capital, based in Chicago. She leads multifamily debt origination efforts across the Midwest and is focused on new business development and relationship management for real estate owners, investors, and developers. Samantha is known for her collaborative, solutions‑oriented approach, working across internal teams to deliver strategic financing structures aligned with clients’ long‑term investment objectives.

Prior to joining KeyBank, Samantha was a Senior Producer at Freddie Mac, where she developed deep expertise in multifamily finance. She specializes in student housing and manufactured housing, bringing disciplined underwriting insight and market perspective to complex transactions.

Samantha has served as Chair of mPact, the Mortgage Bankers Association’s Emerging Leaders Board, and is actively involved in the Wisconsin Real Estate Alumni Association and the Real Estate Financial Forum. She earned her Bachelor of Business Administration in Real Estate & Urban Land Economics and Marketing from the University of Wisconsin–Madison.

Toney Morton is the Chief Financial Officer of Redwood Living, Inc. He oversees all financial and accounting activities. Toney joined Redwood in 2018 and has led the finance and investor relations teams responsible for the development capital stack, as well as the corporate FP&A function. He and his teams are largely responsible for capital raising, banking and investor relationship management, financial budgeting and forecasting, and ad-hoc corporate development support for other executives and key shareholders. Toney’s dedication to Core Value #4, Deliver More than Expected , and Core Value #7: Demonstrate Integrity and Authenticity, is exhibited in all he does at Redwood.

Todd Linehan is a Senior Mortgage Banker and Senior Vice President with KeyBank Real Estate Capital Markets in Chicago, Illinois. He currently works in multifamily loan originations covering KeyBank’s institutional clients with a focus on the Midwest. He is responsible for permanent student housing, multifamily and manufactured housing loan production in this region, with an emphasis on agency lending (Fannie Mae, Freddie Mac, and FHA), as well as life company placement and CMBS.

Prior to joining KeyBank, Mr. Linehan was a Senior Producer for Freddie Mac. While at Freddie Mac he worked in multifamily loan production covering clients in the central region. Mr. Linehan also previously worked at LaSalle Bank, which later became Bank of America, as well as at Nomura Securities. He worked in the Real Estate Capital Markets Group at both of these institutions originating fixed and floating rate financing for

retail, office, hotel and multifamily properties.

Todd currently resides in Winnetka, IL with his wife Ali and three young boys. He is an active participant in the Evans Scholars Foundation, sitting on the Leadership Council Junior Board. In his free time he is an avid skier and avid albeit average golfer. Mr. Linehan holds a BS in Finance degree from Miami University in Oxford, OH.

Jim has over 10 years of experience in leadership roles within private real estate development firms and property management companies.

Jim is a highly regarded leader in the real estate industry in Chicago, and he brings significant experience to his role at CLA. His previous work with a rapidly growing developer has given him the knowledge and skills necessary to excel in this position. With a background in both real estate development and property management, Jim is equipped to provide clients with the specialized industry expertise they need.

Jim is proficient in CLA's CAAS (Client Accounting and Advisory Services) practice, where he helps clients to outsource and enhance their accounting functions. Working alongside a team of skilled accountants, he plays a key role in optimizing and managing a wide range of accounting and finance functions for clients. Drawing on best practices from a diverse client base, Jim is able to provide clients with valuable insights and guidance to help them achieve their financial goals.

Through a specialized industry approach, CLA is among the nation’s leading professional services firm offering tax, assurance, consulting, digital, and wealth advisory.