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In-person Event Covid-19 Guidelines

This event will be in-person and will follow local guidelines to ensure the safety of all attendees. We will have a capacity limit and it is highly likely this event will sell out. We will advise on any necessary precautions closer to the event.

Speakers and Panels

Material and Labor Costs

Ashley Stiles

Ashley Stiles

Founder & CEO

Tribe Development

Sean Campbell

Sean Campbell

CEO

FORMATIV

Carl Koelbel

Carl Koelbel

President & CEO

Koelbel & Company

Damian Ederhoff
Moderator

Damian Ederhoff

Partner

Wipfli

Kelley Klobetanz

Kelley Klobetanz

Managing Director

Greystone

Todd Ruff

Todd Ruff

Vice President, Preconstruction Services

GH Phipps Construction Companies

Ashley Stiles

Founder & CEO

Tribe Development

Ashley’s Native American heritage has influenced the way she approaches projects and builds teams. Diversity in thought generates stronger results, better ideas and problem solving, and it is far more fun than trying to working alone. The foundation of her career was built in the design world as a landscape architect, focused on luxury resort projects. It is here that she learned from the best, about the importance of delivering positive and memorable customer experiences-to stand out from the competition and drive loyalty.

Sean Campbell

CEO

FORMATIV

Sean is CEO & Principal at Formativ, a full-service real estate development and investment firm based in Denver. The firm is focused on in-the-path-of-growth real estate and urban in-fill development projects. Developments that, through the built environment, turn blocks or micro-neighborhoods into sustainable and inclusive communities that thrive in our modern world. With placemaking at the core of these developments, Formativ incorporates complimentary asset types, public spaces, and additive best-in-class amenities to deliver projects where people want to live, work, and play. The firm specializes in Mixed-Use, Master-Planned, Multifamily, Creative Office, and Hospitality

asset categories. By developing thriving communities and properties, Formativ delivers superior, risk-adjusted returns for its partners and investors.

Sean is a real estate developer, community builder and former Wall Street executive with a strong background

in finance, real estate, and business development. Sean founded Formativ with the vision to establish a real estate firm that was centered around transformative urban projects that grow communities and businesses. He is involved in the full lifecycle of FORMATIV’s

developments leading the visioning, investment and execution of our projects.

Prior to founding Formativ, Sean was co-founder and developer of INDUSTRY, Colorado’s foremost creative office concept. Before becoming a leader within real estate development community, Sean spent over a decade in NYC’s financial sector in fixed income trading and investment banking. Sean is a leader in Denver’s business and non-profit community serving on the Boards of Metro EDC, The Denver Zoo, The Other Side Academy and 10.10.10.. Sean is originally from Washington D.C. and attended the University of Maryland.

Carl Koelbel

President & CEO

Koelbel & Company

Carl Koelbel is President and CEO of Koelbel and Company where he carries on a three-generation tradition of real estate development in the Denver Metro area. His primary focus is directing the vision of the company into the mid-21st century, identifying new opportunities, managing company financial capacity and investments, and ensuring efficient and effective operations. Under his guidance the company has expanded its development and real estate platforms into affordable housing, co-working, industry specific workspaces, and value add acquisitions. He also manages and oversees the expansion of the Koelbel and Company’s traditional activities of home building, land development, as well and office and retail development. Carl is active in the community and currently sits on the boards of the Middle Income Housing Authority and the Denver Metro Chamber of Commerce.

Carl received his Masters of Business Administration with a concentration in Real Estate and Finance from the University of Colorado in Boulder. Before receiving his M.B.A. he was a Research Associate at the Urban Land Institute in Washington, D.C. At U.L.I. he assisted the Senior Resident Fellows in various research projects with a focus on infrastructure and its effect on land use patterns. He has a B.A. in Economics and International Relations from the University of Southern California and is an avid skier, golfer, and youth sports spectator (when his kids are playing). He is always thankful of the support of his wife Fallon and three children, Harper, Reagan, and Presley.

Damian Ederhoff

Moderator

Wipfli

Damian Ederhoff is a certified public accountant with more than 30 years of construction and real estate accounting experience. He has expertise with assurance, tax and consulting engagements for companies in all stages of business. This combined experience allows Damian the ability to provide his clients with holistic consulting in areas such as succession planning and mergers and acquisitions. Damian regularly attends key construction-related conferences and events in addition to presenting on contractor operational best practices. His personal time is devoted to service activities related to his deep love of sports, principally coaching youth sports, and officiating college football. His areas of focus include: Financial accounting and assurance, Financial advisory and related analysis, Operational reviews and process improvement consulting, Construction cost audits, Analysis of construction contract cost of performance, HUD Mortgagor’s Cost Certification Audits, HUD Contractor’s Cost Certification Audits, Business transaction consultations, mergers, and acquisitions, Succession planning, Corporate taxation.

Kelley Klobetanz

Managing Director

Greystone

elley Klobetanz is a Managing Director responsible for structuring debt and equity transactions for commercial real estate throughout the United States; transactions include new construction, substantial rehabilitation, refinance or acquisition of multifamily apartments and age-restricted housing, as well as healthcare facilities. Kelly is based in Denver, CO.

After serving as FHA Chief Underwriter for Greystone, at the start of 2020, Kelley shifted to client-focused debt solutions. Her experience gives her unique insight into successfully navigating the underwriting process for clients. Over the past three years, Kelly has reviewed and underwrote roughly $4 billion in

construction and affordable loans as a Chief Underwriter for Greystone. As a debt originator, Kelley has engaged over $100,000,000 in just her first year of originations.

Before joining Greystone, Kelley was a Senior Vice President and FHA Deputy Chief Underwriter for Prudential Huntoon Paige Associates, LLC. Prior to joining Prudential, Kelley performed market analysis and worked as a project manager for a private developer. Kelley was awarded her LEAN approval in 2013.

In addition to her private sector work, she worked for the City of Arvada's Economic and Development Department and the Urban Renewal Authority while obtaining her Master's.

Major Projects & Trends Changing Denver

David Haltom

David Haltom

SVP

Patrinely Group

Eric Hiraga

Eric Hiraga

Executive Director

Denver Economic Development & Opportunity

Tyler Morris

Tyler Morris

Principal

Pure Development

Travis Hodge

Travis Hodge

Senior Investment Advisor

Capstone

Seth Hart

Seth Hart

Associate Principal + Sr. Designer

DTJ Design

Mitch Lund

Mitch Lund

Real Estate & Construction Consultant

Fulcrum

Nicole Ament
Moderator

Nicole Ament

Shareholder

Brownstein Hyatt Farber Schreck

David Haltom

SVP

Patrinely Group

David Haltom is a commercial real estate executive and serves as Vice President of Patrinely

Group, a national investment, development and management firm focused on Class A

commercial office, multifamily, industrial, and data centers. David is responsible for all

development in the company’s Rocky Mountain region from origination through execution.

He has over 17 years of U.S. and international experience in development and design for

multifamily, office, industrial, and hotel/condo. David received a B.A. from Yale

University and a Master of Architecture from Glasgow School of Art in Scotland.

Eric Hiraga

Executive Director

Denver Economic Development & Opportunity

Eric Hiraga is the Executive Director of the Denver Economic

Development & Opportunity (DEDO), a position he assumed upon his

appointment by Mayor Michael B. Hancock in August 2017. DEDO is

leading an inclusive and innovative economy for all Denver residents,

businesses, and neighborhoods. Under Hiraga’s leadership, DEDO has

been at the forefront of the city’s COVID-19 emergency efforts for small

businesses and nonprofits while continuing to support the economy

through on thoughtful business development; job creation and

advancement efforts; expanding opportunities for small, minority, and

women-owned businesses; and by supporting neighborhoods

experiencing significant change.

Hiraga previously served as Executive Vice President and Chief of Staff for DEN, a $1 billion operation with 35,000 employees. To better attract international business ventures and open access to global markets for Denver’s local businesses – large and small – Hiraga maintains a Senior Advisor role to the airport.

Hiraga received a B.S. in International Affairs from the University of Colorado at Boulder. His academic credentials also include a Peace and Friendship Fellowship from the Japanese Ministry of Education, and Hiraga studied foreign relations at the University of Tsukuba, Japan. He was also awarded the German Marshall Memorial Fellowship, a leadership development program for emerging leaders in the United States and Europ

Travis Hodge

Senior Investment Advisor

Capstone

I joined Capstone after five years with one of the world's largest commercial real estate firms, where

I focused on sales of multifamily development land sites and existing multifamily assets. As a

commercial real estate broker, I have participated in over $500 million in successful transactions

totaling over 4,000 apartment units. My breadth of experience has taught me that each real estate

transaction is unique and comes with different challenges. I approach each deal with an open mind,

adding value to my clients with my creativity and expertise while doing everything possible to get the

transaction across the finish line.

In addition to representing sellers and buyers of development land, I assist clients with specific

research projects and feasibility analysis. I combine real-time market knowledge with comprehensive

underwriting capabilities to help clients set pricing expectations and determine the optimal strategy

for achieving their investment goals.

On a personal note, I was born and raised in Atlanta, GA and I’m an avid fan of the Braves, Falcons,

Hawks and UGA. When I’m not in the office, I enjoy fly-fishing, hiking, snowboarding, live music,

spending time with friends, and traveling with my wife.

Education: University of Georgia | B.B.A. in Accounting; University of Colorado – Boulder | M.B.A. in

Real Estate and Finance

Seth Hart

Associate Principal + Sr. Designer

DTJ Design

Seth has more than 14 years of experience on a wide variety of architecture and planning projects. Seth is a talented designer with a great background out of California’s high end production housing and resort living industry. He brings a fresh perspective and passion for lifestyle living and modern design. With a focus on integrated design, he has lead teams from project visioning through construction. He is a thoughtful and innovative designer who has the experience and construction knowledge to carry the design through implementation. Seth’s main areas of focus are in community amenity buildings, multi-family residential, resort housing and single family detached housing but has experience in senior living communities, corporate campuses, retail, and urban infill as well.

Bachelor of Environmental Design with an Emphasis on Architecture; University of Colorado; Boulder, CO

Mitch Lund

Real Estate & Construction Consultant

Fulcrum

Mitch Lund joined Fulcrum with a decade of experience in the commercial modular building industry where he was actively involved in leading teams through the entire lifecycle of custom modular construction projects across the US, including design/engineering, estimating, procurement, project management, manufacturing, and site supervision. With modular and offsite construction riding a tidal wave of success and media attention, involvement in $1B of modular projects, a nation-wide team of construction professionals from across all segments of the construction industry, and a decades-long track record of success managing construction risk on behalf of lenders, investors, and developers, Fulcrum is perfectly and powerfully positioned to help the real estate industry make informed decisions with its full range of Modular Risk Management services.

Nicole Ament

Moderator

Brownstein Hyatt Farber Schreck

Nicole has been working in real estate law for more than 20 years, and has experience managing transactions with as many as 276 properties in a

single portfolio, as well as has expertise with handling $1.5 billion deals.

These are just some of the many credentials that Nicole Ament brings

to her role as Brownstein’s Real Estate Department chair—and to her

clients’ projects, every day. Focusing on land use, development,

financing and disposition, she spearheads transactions featuring

complex portfolios and large single assets. Nicole draws on diverse

experience navigating complicated development and land use issues,

to ensure her clients across the nation—from hotels and healthcare

facilities to ski resorts and fitness clubs—maximize opportunities.

Previously, she served as the chair of the firm’s Hospitality, Resort &

Recreation industry group and, in 2018, was named one of Bisnow’s

Denver Power Women for having a significant impact on the business

and commercial real estate industries, and helping propel cities and

communities forward.

Why This Matters

What You'll Learn:

  • How has adaptive reuse become more difficult with the pandemic? What adjustments are required to ensure higher air quality? 

  • Material costs, specifically timber, have soared in recent months. With supply chain issues created over the past year, how are projects staying on budget?

  • Construction costs and labor shortages have been an issue in CRE for quite some time. With many projects and companies looking to get back on track this year will we see these issues come more center stage? 

How You'll Do More Business: Denver has experienced a boost in popularity during the past year, in part due to its affordability and outdoor attractions. With the vaccine quickly being rolled out, it will be up to the CRE community to retain Denver's new residents.

Who You'll Meet: Investors, architects, developers, architects, brokers, city officials, general contractors and engineers.

Agenda

Time Activity
2:00 PM
3:00 PM
Pre-Event Networking
3:00 PM
3:50 PM
Material and Labor Costs

Labor costs have been an issue for quite some time in CRE, keeping many projects from getting off the ground. Now due to the past year and a rapidly changing world, landscape material shortages have become another obstacle for the CRE community to overcome.

3:50 PM
4:40 PM
Major Projects & Trends Changing Denver

Denver has no shortage of new developments . Not only is there an abundance of new projects, but many of these projects are in up-and-coming neighborhoods. As the work-from-home movement continues, there could be an influx of people moving farther from the center of the city and into these new areas. How could this impact these new developments?

4:40 PM
5:00 PM
Post-Event Networking