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 8181 Arista Place

8181 Arista Place

Arista Broomfield Logo
City of Westminster
City & County of Broomfield

Speakers and Panels

Tim Wiens
OPENING REMARKS

Tim Wiens

Owner/Developer

Wiens Development

Opportunity Outlook Along US 36

Why Commercial Real Estate is Booming in the NW Corridor

Mayor Randy Ahrens

Mayor Randy Ahrens

City & County of Broomfield, CO

John Hall

John Hall

Economic Development Director

City of Westminster, CO

Mayor Pro Tem Alberto Garcia

Mayor Pro Tem Alberto Garcia

City of Westminster, CO

Bo Martinez
Moderator

Bo Martinez

Director of Economic Development

City & County of Broomfield

Mayor Randy Ahrens

City & County of Broomfield, CO

The mayor was elected at large in 2013. He was re-elected in 2015. His current term ends in November of 2017. His parents moved to Broomfield in 1966. After college and spending six years in the oil and gas industry he moved his family back to Broomfield in 1986. He is married to Wendy Ahrens and has three grown daughters, Ashley Luman, Amy Ahrens and Jordon Felker.

Our Government is related directly to the U.S. Constitution and we have graciously sworn our allegiance to upholding the guiding principles created by our illustrious forefathers. It is a privilege and an honor to serve the community where I grew up and it has significantly shaped my ideals and ethics. Therefore, the passion for the well being of Broomfield citizens will always guide my decisions to maintain a safe environment and promote fiscal responsibility.

John Hall

Economic Development Director

City of Westminster, CO

ohn has 25 years of experience in economic development and private land use development consulting. His expertise includes multiple aspects of economic development, including primary business attraction and retention, small business development, retail recruitment, marketing, policy development and analysis, strategic planning, land development and incentive negotiations.

He previously served as Economic Development and Urban Renewal Director for the Town of Parker, Colorado. Prior to that he was business development officer for Westminster. In addition to times with Parker and Westminster, he has served as business recruitment officer for the Portland Development Commission, business development coordinator and Enterprise Zone program manager for the State of Oregon, and senior associate for Leland and Hobson Economic Consultants in Oregon. He has also engaged in teaching and conducted research in economic development at the university level.

John holds a bachelor's degree in economics from Willamette University in Oregon and a master's degree in economics from Portland State University.

Mayor Pro Tem Alberto Garcia

City of Westminster, CO

Alberto Garcia was elected to Westminster Council in November 2013 and selected as the Mayor Pro Tem in 2015. A graduate of the University of Colorado, he is an attorney and small-business owner. He served on the board of directors for the Westminster Optimist Club, the board of directors for Intercambio De Comunidades and as a policy director at the Colorado House of Representatives. He is a former congressional aide and assistant attorney general. Alberto currently serves as the City Council liaison to the Parks, Recreation and Libraries Advisory Board, as well as the Open Space Advisory Board. Alberto also represents the City of Westminster as a member of the Colorado Municipal League policy committee. You can follow Alberto on Twitter at: @garciaforwesty.

Hot Projects in the Northwest Corridor!

The Latest Developments Breaking Ground

Cyndi Thomas

Cyndi Thomas

Partner

Etkin Johnson

Jim Neenan

Jim Neenan

President & CEO

Prime West

John Comunale

John Comunale

President, Founder, & Managing Partner

Comunale Properties

Mark Johnson

Mark Johnson

VP

The Opus Group

Bill Jencks

Bill Jencks

VP of Real Estate

Ranch Capital

Marc Painter
Moderator

Marc Painter

Partner

Holland & Hart

Cyndi Thomas

Partner

Etkin Johnson

As a partner and executive vice president of Etkin Johnson’s Asset Management team, Cyndi Thomas oversees the management, financial performance and business strategy for the company’s extensive property portfolio. Leveraging her extensive experience in real estate acquisitions, financing, restructurings, and asset management, Cyndi helps drive a progressive approach to Etkin Johnson’s asset management that consistently results in income-producing properties with favorable appreciation. Outside of Etkin Johnson, Cyndi is an executive committee board member of the Urban Land Institute – Colorado Chapter and a member of the CU Real Estate Council Board of Directors.

Jim Neenan

President & CEO

Prime West

Jim joined the development team of Prime West in 2012, and became the Owner, President and CEO in 2015. Jim is responsible for the overall success of Prime West and works directly with the leadership team of the firm to establish the direction of the company, its vision, goals, objectives, strategies, and market focus.

John Comunale

President, Founder, & Managing Partner

Comunale Properties

John Comunale is the President, Founder, and Managing Partner of Comunale Properties and its affiliates, Rectangle Investment Management and Sprink Construction, which together make up a vertically integrated real estate investment, development, and construction platform with more than forty assets across six states. John oversees all strategic planning, capital raising and deployment, and asset management functions. Prior to founding the firm, he began his career in investment banking, focusing on the hospitality industry. John holds a BSBA degree in Real Estate from the University of Denver. He is the founder and president of the Comunale Cancer Foundation, a director of NAIOP Colorado, and a member of the Advisory Board for the University of Denver School of Real Estate and Construction Management. Outside of work, John enjoys spending time with his wife and two kids, and is an avid skier and mountain biker.

Mark Johnson

VP

The Opus Group

DENVER (Aug. 4, 2015) – The Opus Group (Opus) announced today that Mark B. Johnson has joined

Opus Development Company, L.L.C. as senior director, real estate development in the Denver office

effective Aug. 3, 2015.

In his new role, Johnson will pursue new office, industrial, multifamily, and retail projects throughout the

surrounding Denver market.

“We’re thrilled to welcome Mark to the Opus team as we continue to grow our reach in the Denver

market,” said Peter Coakley, senior vice president and general manager, Opus Development Company,

L.L.C. “His impressive real estate development background, including market analysis, site selection,

negotiation, entitlements and project management from a national perspective, will bring added depth to

our development team.”

With more than two decades of real estate development and end user experience, Johnson brings a

breadth of knowledge to Opus. Most recently, he was director, real estate services at Xcel Energy, where

he worked with Opus on the new Xcel Energy headquarters in downtown Minneapolis and Amarillo,

Texas. Johnson also held principal roles at J.R.E.A, LLC; JMW Development, L.L.C.; Wallace

Enterprises, Inc.; and Dayton Hudson Corporation, Target Stores Division, completing more than 7

million square feet of new buildings across 22 states. He has also managed significant portfolios of real

estate for Xcel Energy and Target Corporation.

“I’m looking forward to joining the Opus team and leveraging my experience to expand the already-

impressive company portfolio,” said Johnson. “It’s been a pleasure working with Opus on the Xcel

Energy projects in Minneapolis and Amarillo and I’m excited to support the team’s efforts to grow the

Denver market.”

Johnson graduated from the University of Wisconsin-Madison with a Bachelor of Science in Landscape

Architecture and became a registered landscape architect in the state of Minnesota. He earned his Master

of Business Administration from the University of Minnesota’s Carlson School of Business. In addition,

he recently obtained the Master of Corporate Real Estate (MCR) designation as an active member of

CoreNet. He maintains a real estate broker’s license, and has completed certificate coursework in

commercial real estate financing in investment analysis and feasibility at the University of Wisconsin.

Bill Jencks

VP of Real Estate

Ranch Capital

Mr. Jencks joined Ranch Capital in 2016. Mr. Jencks is responsible for managing activities in Real Estate acquisition, development, and operations for Ranch Capital and its affiliates. Prior to joining Ranch, Mr. Jencks worked for Merlone Geier Partners in varying roles culminating in a partnership interest as Director of Development, where he led the entitlement and development efforts for multiple large, mixed use development projects in excess of $200 million each including office, retail, entertainment, hotel, and residential uses. Mr. Jencks also has prior experience as a practicing architect and private real estate development consultant. He has been responsible for the design or development of over $1.5 billion of real estate.

Mr. Jencks is a licensed Architect and Real Estate Broker, a LEED Accredited Professional and active member of the American Institute of Architects, Urban Land Institute, and International Council of Shopping Centers. He received his MBA and Bachelor’s of Architecture from Cal Poly, San Luis Obispo.

Marc Painter

Moderator

Holland & Hart

Marc Painter’s real estate practice focuses on complex real estate transactions, finance and development, as well as banking and related business counseling.

For over 25 years, Marc's regional and national development and lending clients have sought his creative counsel in navigating difficult transactions to profitable completion.

Strong Cost-Benefit Approach: Marc’s past experience as an economist and banker brings a unique and valuable cost-benefit approach to transactions and disputes. That experience also gives him knowledge of the financial and business needs of other parties in a deal and an ability to effectively work through those issues early to reach a favorable agreement.

Structuring Deals to Avoid Litigation: Marc's prior experience as a commercial, banking and real estate litigator affords him a thorough understanding of the reasons for disputes and a unique sensitivity to the potential for, and the distractions of, litigation. Clients value his experience in helping them anticipate and then develop effective strategies to structure deals in ways that avoid disputes or in positioning their transactions properly if litigation is a necessity.

Building for a Creative Culture

Incorporating Lifestyle, Innovation & Community into Experiential NW Developments

Scott Holton

Scott Holton

Co-Founder and Principal

Element Properties

Jake Jacobsen

Jake Jacobsen

CEO

Sagebrush Companies

Ken Cope

Ken Cope

Founder/President

RETh!nk

Lorne Polger

Lorne Polger

Co-Founder

Pathfinder Partners

Spencer Stuart

Spencer Stuart

Senior Managing Director

Legacy Partners

David Hart

David Hart

Executive Managing Director

Newmark Grubb Knight Frank

Ashley Stiles
Moderator

Ashley Stiles

Founder & CEO

Tribe Development

Scott Holton

Co-Founder and Principal

Element Properties

For more than 20 years, Scott has been immersed in Colorado’s real estate industry, gaining extensive experience in adding value to partners and the community for a variety of project types, including market-rate housing, affordable housing, office and mixed-use development.

Previously, Scott served as a commissioner of the Boulder Housing Authority. He currently serves on the board of directors of the Boulder Chamber of Commerce, and he is also an active member of the Urban Land Institute. Today, Scott leads Element’s efforts to source, underwrite, entitle and produce excellent project results for stakeholders.

Scott garnered a B.A. in economics from the University of Colorado at Boulder and also attended the London School of Economics.

Jake Jacobsen

CEO

Sagebrush Companies

Mr. Jacobsen is the Founder and the primary Principal of Sagebrush Capital and affiliates founded in 2000. Mr. Jacobsen has managed, both as a principal and a non-principal, numerous successful business entities for the last 25 years. Mr. Jacobsen has been active in commercial real estate since the 1994.

Since 2001, Mr. Jacobsen has been responsible for the successful development of $115,000,000 in residential properties and the acquisition of multi-family apartment properties consisting of over 3,600 rental units, with an aggregate acquisition cost of over $300 million. Mr. Jacobsen has led the company through 11 years of profitable growth both for the company and its partners. Mr. Jacobsen profitably navigated the company through two major economic downturns.

Ken Cope

Founder/President

RETh!nk

Mr. Cope has over 15 years of experience in the multifamily industry, being responsible for the acquisition, asset management, and disposition of over $2 billion of apartments during that time. Prior to Sagebrush, Mr. Cope was the Vice President of Multifamily for Apartment Capital Solutions, the multifamily division of Real Capital Solutions, based out of Louisville, Colorado. Mr. Cope oversaw the strategic direction and execution of over $400M in assets, consisting of 12 properties with 3,400 apartment units, and an additional 6 properties and 1,000 units under development. He specializes in distressed and value-add opportunities including REOs, note purchases, and ground up or redevelopment throughout the US. Prior to his position at Real Capital Solutions, Mr. Cope worked for the multifamily REIT Apartment Investment and Management Company (AIMCO) based in Denver, Colorado. He was responsible for sourcing and closing transactions throughout the Eastern U.S., with concentration in high barrier-to-entry markets. Prior to joining AIMCO, Mr. Cope was Regional Property Supervisor for a large third-party management company that was later purchased by Riverstone Residential.

Lorne Polger

Co-Founder

Pathfinder Partners

Lorne Polger is the Co-Founder and Senior Managing Director of Pathfinder Partners,

LLC. Pathfinder is a real estate private equity firm based in San Diego, California with a

billion dollar portfolio of real estate investments primarily in the western United States.

Lorne focuses on acquisitions, dispositions, business and legal strategies. He practiced

real estate law for more than 20 years and prior to co-founding Pathfinder in 2006, was

the head of the Real Estate, Environmental and Land Use team at Procopio, Cory,

Hargreaves & Savitch, LLP, San Diego’s largest law firm. Mr. Polger is recognized for

his multi-family expertise, having directly participated in the acquisition, disposition,

financing and development of apartment, condominium and condominium conversion

transactions exceeding $6 billion in value. His law practice included acquisitions,

dispositions, developments, financings, foreclosures, reorganizations and workouts,

syndications, and leasing, along with residential, office and industrial condominium

conversion and construction. Mr. Polger graduated with a B.A. in Political Science from

Colorado College, Cum Laude, in 1984 and earned his law degree from UCLA in 1988.

Mr. Polger was a finalist in the 2015 EY San Diego Entrepreneur of the Year Awards.

He has been a member of Vistage, the international CEO organization, since 2013. His

community activities include serving as a national commissioner and chair of the

Regional Advisory Board of the Anti Defamation League, as a board member at the

Burnham Moores Centre at the University of San Diego, as a board member of the

National Conference of Christians and Jews, and as a Director of the San Diego Chapter

of the CCIM Institute. He also currently serves on the Campaign for Cardiovascular Care

at Scripps Health in San Diego.

Spencer Stuart

Senior Managing Director

Legacy Partners

Spencer Stuart, Jr. is a Regional Partner and Senior Managing Director at Legacy

Partners. He is responsible for acquisitions, dispositions, management, asset

management, new development and operations. He currently handles Legacy

Partners’ multifamily activities in Colorado and the far south states from Texas to

Florida. Mr. Stuart also serves as senior vice president of the KBS Legacy

Multifamily REIT, which owns a nationwide portfolio of apartments.

As a developer, Mr. Stuart has been responsible for creating award-winning

projects that have advanced the state-of- the-art of design, amenities and resident

services in multifamily properties. Among others, his projects have been awarded

the NAHB Pillars of the Industry Award, Multifamily Executive’s Project of the Year

Award, the HAB McSam Award, The Star Award and Gold Nugget Certificates of

Merit. In Austin, Legacy’s high-rise apartment project was the first of its kind to

achieve LEED certification.

He has a broad base of experience as an officer, director, general partner and

advisor to both public and private companies in such areas as real estate

development, investment, financing and syndication. Over his career he has been

involved in real estate transactions with an aggregate value in excess of $2.5

billion.

Mr. Stuart is a member of the Real Estate Financial Executives Association in

Dallas. He is also a full member of the Urban Land Institute and serves on its

Green Multifamily Product Council and previously served on NAHB’s Multifamily

Leadership Board. Mr. Stuart has been a speaker at the Urban Land Institute’s

national and regional conferences, MultiHousing World, the National Multifamily

Housing Council’s annual meeting the NAHB Pillars of the Industry Conferences,

Multifamily Executive’s Annual Conferences, the ULI’s Multifamily Trends

Conference, Crittenden’s Multifamily Conference and numerous other events.

David Hart

Executive Managing Director

Newmark Grubb Knight Frank

David Hart serves as an executive managing director in the Denver office of Newmark Grubb Knight Frank. Mr. Hart joined the company in August 2014, bringing 33 years of experience and multi-market expertise to the firm. With a reputation for successfully executing repositioning assignments as well as significant build-to-suit and speculative large project leasing, Mr. Hart has completed commercial real estate transactions encompassing more than 25 million square feet throughout his career. Highly adept at building new relationships and qualifying and closing transactions, Mr. Hart draws on personal experience that spans national corporate accounts, as well as local brokerage and consulting.

Prior to joining Newmark Grubb Knight Frank, Mr. Hart was director of business development at Hannay Realty Advisors. Mr. Hart was formerly a top-producing broker in Denver, San Francisco and Chicago, having worked at CBRE and Cushman & Wakefield in both the San Francisco and Denver markets, and before that, at Lincoln Property Company in San Francisco and Equitec in downtown Chicago. He also ran his own commercial real estate firm, Commercial Colorado.

Mr. Hart graduated from University of the Pacific with a Bachelor of Science in business and public administration. He also attended Lewis and Clark College.

Ashley Stiles

Moderator

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.

Summary

From trendy restaurants to modern offices, Denver's Northwest Corridor is a hot spot for business. Home to Boulder, Broomfield & Westminster, the region is attracting families, millennials, entrepreneurs and (you guessed it) ... developers!

What are the lastest projects breaking ground? Which neighborhoods are trending for multifamily and office? Why is retail more sustainable here? Where are the most lucrative opportunities for investment? Can NW I-36 uphold its name as Colorado's Creative Corridor?

Find out this + more from top developers at our first-ever Future of the Northwest Corridor! The Silicon Valley of the Rockies is just getting put on the map, and the next decade will reveal its full potential. 

Questions? Comments? Contact our Denver Event Producer Sarah at sarah.rotholz@bisnow.com

Tweet & Post with us using #BisnowDenver on Twitter and Instagram, and follow us at @BisnowDenver!

Venue

8181 Arista Place
Broomfield, CO 80021

Floor: 5th Floor


Arista Parking Structure - behind (north) 8181 Arista Place. Free for attendees

Agenda

Time Activity
1:30 PM
2:15 PM
Breakfast & Networking
2:15 PM
2:20 PM
Opening Remarks
2:20 PM
2:40 PM
Opportunity Outlook Along 36 Corridor
2:40 PM
3:25 PM
Hot Projects in the Northwest Corridor!
3:25 PM
4:10 PM
Building for a Creative Culture
4:10 PM
4:40 PM
Post-Panel Networking