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Speakers and Panels

Derek Hammond

Derek Hammond

Chief Financial Officer

Flaherty & Collins Properties

Michael Murphy

Michael Murphy

Vice President - Credit Investments

Davis

Pat Dempsey

Pat Dempsey

Senior Managing Director

Walker & Dunlop

Erik Koentje
Moderator

Erik Koentje

Head of Sales and Accounts

Built

Michael Murphy

Vice President - Credit Investments

Davis

In his role, Michael is responsible for sourcing, closing, and managing project level debt financings for Davis’ commercial real estate portfolio. He is also tasked with managing the sourcing, underwriting, structuring, and presentation to Investment Committee of credit investment opportunities for the firm.

Prior to joining Davis, Michael was employed in various roles throughout the commercial real estate industry including property management, valuations, and investing. Most recently, Michael was a member of Fidelity Investment’s Real Estate Debt team where he worked for 7 years ascending to the role of Director. In his role at Fidelity, Michael oversaw the origination, underwriting, and asset management of various investments including CMBS securities, mezzanine loans, and preferred equity investments on behalf of institutional clients. Prior to his time at Fidelity, Michael was an Analyst at Keystone Consulting Group, a valuations and advisory services firm in the northeast region.

Michael graduated from the Stern School of Business at New York University with a Bachelor of Science in Finance and Management. During his time at NYU, Michael was a recipient of the New York University Founder’s Day Award. Michael is also a CFA® charterholder.

Michael is actively involved in the regional real estate community and is a member of NAIOP MA, the Real Estate Finance Association, and the Real Estate Committee of Heading Home.  In 2022, Michael was a recipient of the NAIOP MA President’s Award.

Pat Dempsey

Senior Managing Director

Walker & Dunlop

Pat Dempsey, Capital Markets Senior Managing Director, has played an integral part in the success of Walker & Dunlop’s Milwaukee, Wisconsin office. While at the company, Mr. Dempsey has consistently ranked as a top originator and has completed more than $5 billion of permanent, construction, structured debt, and equity placements throughout his career. Mr. Dempsey places a strong emphasis on understanding the needs and objectives of his customers and prides himself on going the extra mile to provide outstanding client service.

Prior to joining Walker & Dunlop, Mr. Dempsey was a principal and partner with Collateral Real Estate Capital where he helped grow the company into a top-performing mortgage banking firm before its sale to BB&T in 2007. Other previous tenures include Senior Vice President of Grandbridge Real Estate Capital, Director of L.J. Melody & Company, and Beacon Realty Capital, Inc. Throughout his career Mr. Dempsey has been responsible for all aspects of the origination, placement, and closing of debt and equity transactions for clients across the country.

Mr. Dempsey holds a Bachelor of Business Administration and a Master of Science in real estate appraisal and investment analysis from the University of Wisconsin-Madison.

Beyond the company, Mr. Dempsey is an active member of the Mortgage Bankers Association (MBA).

Erik Koentje

Moderator

Built

Erik Koentje leads the Sales and Account Management teams at Built, focusing on the needs of Owners, Developers, and General Contractors. He brings a passion for the built environment, and over two decades of experience working with commercial real estate firms to craft strategy and achieve their operational goals.

Prior to joining Built, Erik spent the majority of his career with CoStar Group where he worked directly with commercial and multifamily players to solve research and marketing challenges. Most recently, in addition to managing the West region for CoStar, he spent five years scaling and leading a Major Account team dedicated to providing world-class service to the largest investors and developers of real estate in North America and Europe.

Why you Can't Miss This Webinar on Development Debt and Financing Management

What You’ll Learn:

  • How developers are structuring deals in the current environment and what rising construction costs and tighter lending standards mean for managing financing.

  • Where the developer-lender relationship breaks down during a project and what leading teams are doing to keep things on track from origination through completion.

  • What lenders actually need in a draw package and how developers who submit cleaner, more complete packages get funded faster.

  • How developers are managing budgets, change orders, and cash flow across multiple active projects without adding headcount.

  • How automation is reducing the back-and-forth between developers and lenders on compliance, lien waivers, and documentation before payments go out.

  • How AI is cutting draw assembly time by automatically mapping payables, lien waivers, and compliance docs into a lender-ready package.

  • How both sides are using shared data and real-time visibility to replace the phone calls and status update emails that slow every project down.

  • Where AI is making a real difference right now in invoice processing, document management, and reporting, and where it still requires human judgment.

Why This Matters:

Development loans are among the most complex transactions in commercial real estate, and the relationship between developers and lenders has rarely been more consequential, but it often comes with friction. Rising construction costs, shifting underwriting standards, and a tighter lending environment have changed how deals get done. Meanwhile, the financial side of a construction project involves a lot of moving parts across multiple parties. Draw packages, compliance documents, budget updates, and lien waivers still move through siloed systems, email chains, and several different spreadsheets for most companies, and when something slips it costs everyone.

This panel brings developers and lenders to the same table to talk honestly about how that relationship works in practice, where it breaks down, and what leading teams are doing differently with today's technology. Panelists will share what they're seeing on both sides of the table, what's changed in how they structure and manage deals, where they see opportunities as market conditions evolve, and how AI and technology tools are helping both sides move faster with fewer errors.

For questions regarding our content, or speaking and sponsorship opportunities, please email our DMV Producer, Ian Wheeler, at ian.wheeler@bisnow.com. To request disability-related accommodations, please contact catherine.rowntree@bisnow.com no later than 7 business days prior to the event.

Sponsors

Built Technologies Inc