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Speakers and Panels

Charlie Thompson

Charlie Thompson

Project Executive

DPR Construction

Charlie Thompson

Project Executive

DPR Construction

Charlie Thompson is a project executive at DPR Construction, one of the nation's leading technical builders focused on highly complex and sustainable projects.

Charlie’s successful involvement with multiple healthcare campus additions and renovations reflects a proven track record of delivering efficient and transparent projects that meet the end needs of his clients. Charlie thinks of the big picture, encouraging open thought and challenging norms to foster a culture of innovation in design and construction. He fosters the development of high performing, cross organizational teams throughout the design and construction of multiple $200M+ complicated hospital additions and renovations in the City of Phoenix and overall has supported over one billion dollars in hospital projects in Arizona.

Charlie also leads the DPR mentorship program to support New Pathways for Youth, a Phoenix-based nonprofit that serves at-risk youth. DPR provides opportunities for local high school students to get engaged and learn more about potential career opportunities in construction.

He holds an MBA from Arizona State University and a bachelor’s degree in construction engineering from Purdue University.

Financing the Future: Navigating the Complex Landscape of Financing in Philadelphia

Mo Rushdy

Mo Rushdy

Managing Partner

Riverwards Group

Joseph Byrne

Joseph Byrne

Managing Principal & President

BG Capital

Shelah Wallace

Shelah Wallace

Senior Director, Originations

Nuveen Green Capital

Seth Mackler

Seth Mackler

Managing Director and EVP

Firstrust Bank

Jack Cortese
Moderator

Jack Cortese

VP

D2 Capital Advisors

Mo Rushdy

Managing Partner

Riverwards Group

While completing his Masters Degree from The American University in Cairo, Egypt, Rushdy began his construction engineering career with a position as a Planning Engineer on the construction of the first-ever cement plant in Sinai, Egypt. He then moved to Kuwait for two years, where he served as the planning and project controls Engineer for the construction of Kuwait’s first Olympic stadium.

Rushdy moved to the United States in 2004. He took a position with Toll Brothers and enrolled in the company’s one-year Assistant Project Manager-in-Training program, which typically is followed by a three-year assignment as an Assistant Project Manager. Within just three months of starting the training program, though, Rushdy’s skill set in analyzing and leading teams was recognized. He was pulled out of the training program and given his first assignment: a 128-unit single family development in East Bay, San Francisco. That project was one of 10 jobs in a Master Plan community, and Rushdy used his experience to develop systems and methods to get the development contracted in record time and within budget -- a rarity for a development of that size.

Within months of getting his Assistant Project Manager assignment, Rushdy was promoted to Project Manager. In that new role, he was asked to work with Toll Brothers’ Philadelphia Division to lead an effort to build, sell and deliver phase 1 of Naval Square -- one of Toll Brothers’ highest profile new developments in the city at the time. Within less than a year in Philadelphia, Rushdy exceeded closings projections by over 30% and was promoted again to Naval Square’s Senior Project Manager. By age 27, Rushdy was leading a team of 25 people and responsible for a budget of more than $100 million.

In early 2007, Rushdy was recruited by a regional developer, Westrum Development Company, as General Manager to launch, contract and hire a team for Philadelphia’s largest active adult community: The Arbors at Eagle Pointe, consisting of approximately 400 homes. Following the financial crash in late 2008, Rushdy also was assigned all of Westrum’s Philadelphia developments and took over the acquisition role for Westrum in 2011.

Once the financial crash hit, Rushdy teamed up with Larry McKnight, a colleague from Westrum, to start developing single lot infills in Philadelphia’s Fishtown neighborhood. Their investments in the area have contributed to the revival that the city’s river wards neighborhoods -- Fishtown, Northern Liberties, Kensington, Port Richmond, etc. -- are experiencing.

Now nearly 10 years later, Rushdy and McKnight are business partners at The Riverwards Group, which employs 12 staffers and 30 contractors. What started as five homes per year in 2012 has grown to 110 homes completed in 2019, and plans to deliver 400 homes over the next three years. In 2018, The Riverwards Group brought in revenues close to $35 million.

The Riverwards Group, where Rushdy serves as Managing Partner, has completed more than 60 projects in Philadelphia’s booming riverwards neighborhoods, totaling close to 500 mainly single-family homes delivered over the last eight years. Under Rushdy’s leadership, the company currently is working on the following projects:

Shelah Wallace

Senior Director, Originations

Nuveen Green Capital

Shelah has over fifteen years of experience in commercial real estate. Prior to joining Nuveen Green Capital, Shelah had various lending roles including Commercial Real Estate Lending Specialist for Capitol Bank, VP Commercial Real Estate Loan Officer for Bancorp Bank, and Senior Investment Analyst for PGIM Real Estate Finance. Additionally, Shelah spent many years working as an advisor to commercial real estate developers, aiding in structuring their JV partnerships, and helping raise debt and equity. Shelah received a BS in Economics from the Wharton Undergraduate program at the University of Pennsylvania.

Seth Mackler

Managing Director and EVP

Firstrust Bank

Seth Mackler is the Managing Director and Executive Vice President of Real Estate Finance at Firstrust Bank. Firstrust is a $5

billion in assets, family-owned community bank headquartered in Conshohocken that specializes in building relationships with

small businesses. At Firstrust, he has lead the expansion of Firstrust in the Maryland & DC markets and spearheaded a national

platform to finance the construction of Net Leased properties.

Seth has been a banker for over 30 years. He started his career as a banking examiner with the Department of the Treasury and

subsequently was an executive at Prime Bank, Summit Bank, and Commerce Bank in a variety of roles.

Seth has served on a number of boards and was formerly president of the Risk Management Association of Philadelphia. He is

also a former director of the National Kidney Foundation of the Delaware Valley and the Penn SE Mezzanine Fund. He has two

children and resides in Conshohocken, Pa.

Jack Cortese

Moderator

D2 Capital Advisors

Jack Cortese leads D2 Capital Advisors, an affiliate of the D2 Organization that arranges and structures real estate debt and equity financing for developers and investors throughout the U.S. Since joining the firm that launched in 2017, he has arranged over $650 million in debt and equity financings. Philadelphia-area deals include: a $130 million life-sciences construction loan for 2300 Market, a $62 million office construction loan in Allentown, a $56 million redevelopment loan for the Philly Met, and a $16 million land loan for a warehouse development in Salem County, NJ.

Jack also works on internal financing needs for D2 Organization’s commercial development platform, which includes over 6 million square feet of industrial and residential projects. Jack is a graduate of the University of Pennsylvania and a recipient of the Philadelphia Business Journals' Rising Star 2023 award.

Visionary Insights in Philadelphia Commercial Real Estate: Bridging Development, Construction, and Innovation

Sarina Rose

Sarina Rose

SVP, Development

Post Brothers

Mark Cartella

Mark Cartella

VP, Development

Alterra Property Group

Anuj Khosla

Anuj Khosla

Principal

Khosla Properties

Ernest Hanna

Ernest Hanna

Senior Principal

GZA GeoEnvironmental

Abe Ibrahim
Moderator

Abe Ibrahim

Market Executive – Delaware Valley

Northwest Bank

Sarina Rose

SVP, Development

Post Brothers

As Senior Vice President of Development, Sarina spearheads all of Post Brothers’ development projects and brings a wealth of experience in complex project planning, contractor negotiations, and every facet of project management. Sarina’s work on Post Brothers’ best-in-class residential portfolio includes the $250 million renovation of historic Presidential City, which was the largest redevelopment project in Philadelphia. Under Sarina’s leadership, Presidential City was transformed from an under-utilized, semi-suburban complex into the city’s largest luxury residential community, complete with a brand new, resort-style amenity center - Sora Pool Club. Other projects worth noting include The Atlantic at the Avenue of the Arts, Rittenhouse Hill and The Piazza in Northern Liberties. Prior to joining Post Brothers, Sarina received her Bachelor’s of Architecture degree from Drexel University. She managed over $400 million in projects for SgRA Architecture, including the Le Meridien Hotel and the Parc Rittenhouse, and before that spent 12 years as with KMA Architects and PZS Architects. Sarina was recognized nationally as one of Connect Media’s Most Influential Women in Real Estate 2018, and has received the State Policy Network Helen S. Krieble Unsung Hero for Freedom Award. Several of the Post Brothers projects she played key roles on have gained both regional and national industry recognition for their quality and economic development value. Sarina is a Founding member of the ABC Philadelphia Regional Council, board member of the Association of Builders and Contractors of Eastern PA, serves on the Board of Directors of the Building Industry Association of Philadelphia and is also currently the Vice Chair of the Government Affairs Committee at the BIA. These are just some of the positions Sarina holds across multiple industry organizations.

Ernest Hanna

Senior Principal

GZA GeoEnvironmental

Ernie is a Senior Principal with GZA GeoEnvironmental, Inc. (GZA) and is President of its New York State Affiliate. Ernie started his career with GZA in its Buffalo, New York office in 1986, starting as a Project Engineer, then relocated to GZA’s Metro Philadelphia Office in 2009 after managing the Buffalo Office for over 10-years. He initially managed GZA’s Metro Philadelphia operations (offices in Fort Washington, PA and Hammonton, NJ) and worked to expand its geotechnical practice in the Mid- Atlantic Region. Ernie sat on GZA’s Board of Directors from 2013 – 2016 and served as the Mid-Atlantic Region’s Operational Officer from 2012 through 2016. In February 2016, he relocated the GZA Fort Washington, PA office to its current location in Center City Philadelphia (1515 Market Street, Suite 945) and transitioned the office management. Ernie lives in Center City, Philadelphia overlooking the City’s Art Museum. His professional contributions have covered a range of environmental and geotechnical projects from multi-site due diligence to remedial action, and building foundations, to bridges, dams, and tunnel infrastructure. He is a licensed / registered professional engineer in New York, Pennsylvania, New Jersey, Delaware, Maryland, Michigan and Wisconsin.

GZA is a Massachusetts based corporation with over 700 staff in 32 offices within the Northeast quadrant of the United States. GZA’s holding company is GZA GeoEnvironmental Technologies, a Delaware Corporation. The Company focuses on five core service areas – geotechnical, environmental,

water, ecology, and construction support.

Abe Ibrahim

Moderator

Northwest Bank

Abe is an experienced Commercial Banking Executive with a demonstrated history of working in the banking & financial service industry in all its segments; Small business, middle market, corporate banking and commercial real estate lending. Abe acts as a primary banking advisor, lender, and trusted financial partner to successful companies, real estate developers and asset managers in the Greater Philadelphia & Southern New Jersey region. Abe holds a Bachelor's degree in Finance from Temple University's Fox School of Business with a focus in Management of Financial institutions

Abe is currently a Northwest Bank Executive & Lender for the Delaware Valley region. In his current role as regional vice president of commercial banking, he leads all aspects of Northwest Bank’s expansion in the Delaware Valley region; This includes loan production, origination and execution, portfolio management, compliance, marketing and communication, and diversity and inclusion efforts.

Abe was one of 20 individuals throughout the Greater Philadelphia region to be honored for their impact on the region and its business community through their leadership. The Philadelphia Business Journal named Abe, regional vice president of commercial banking, Northwest Bank, as a 2022 Diversity in Business Award honoree. In addition, he was recently named a 2022 class recipient of AL DÍA’s 40 Under Forty awards.

Abe serves as a board member of 2 great non-profit organizations: Justice For Our Neighbors: A Philadelphia non-profit offering legal services to low income immigrants and refugees. (http://www.jfondv.org/) Live Work Philadelphia: A resident growth strategy that benefits all Philadelphian (https://www.liveworkphilly.com/). Abe also actively mentors graduating seniors from his alma mater Temple University Fox School of Business.

Interesting facts about Abe: Abe lived overseas for 10 years, speaks 3 languages fluently, enjoys traveling, working out, and well-crafted whiskey cocktails.

Opening Remarks

David Adelman

David Adelman

CEO

76 Devcorp

Why You Can't Miss This Event:

What You'll Learn:

  • Innovations in Construction Financing: Gain insights into the latest trends and future predictions in construction financing within Philadelphia, understanding how economic policies and interest rate changes are reshaping this landscape.

  • Navigating the Evolving Real Estate Landscape: Delve into the dynamics of Philadelphia's real estate development, focusing on sustainable practices, innovative construction techniques, and the role of technology.

  • Risk Management in Construction: Learn effective strategies for managing financial risks in construction projects, including the exploration of innovative financing models like public-private partnerships.

  • Sustainability's Role in Financing: Discover how the trend towards green building is influencing construction financing, and what this means for the future of sustainable development.

  • Strategic Investment and Market Analysis: Understand the intricacies of strategic real estate investment, including market analysis, identifying development opportunities, and risk management.

  • Architectural and Design Trends: Explore the latest trends in architecture and design, and how these are blending functionality with aesthetics in Philadelphia's evolving skyline.

  • Transportation and Urban Development: Learn about the integration of transportation in major development projects like Schuylkill Yards and the Navy Yard, and its importance in urban planning.

How You'll Do More Business: This summit offers a unique opportunity to engage with the forefront of Philadelphia's construction and development scene. You'll connect with top industry leaders, gain critical insights into the latest trends and strategies, and learn how to navigate the complexities of the market. Whether you're a developer, investor, architect, or involved in any aspect of commercial real estate, this event is crucial for staying ahead in a rapidly evolving industry.

Who You'll Meet: Engage with a diverse group of professionals including top investors, developers, construction financiers, architects, policymakers, and industry experts, all converging to share insights and forge new business relationships in the Philadelphia commercial real estate market.

Articles You Need To Read:

Revitalizing Philadelphia Infrastructure Is A Labor Of Brotherly Love
How A DEI Focus Made The Philly Navy Yard's First Residential Groundbreaking A Reality
Disruptions In Red Sea, Panama Canal Causing Supply Chain Snafus That Bring Déjà Vu For CRE
Skanska To 'Postpone Future Growth' In U.S. Amid Office Market Challenges
Lawsuits Challenge Constitutionality Of Workforce Goals In Federal Construction Contracts
Construction Starts Plummet 15% In November, A 10-Month Low
The 16 Deals And Trends That Defined 2023 - Commercial Real Estate
Construction’s Lack Of Diversity In Leadership Is Stark. It's Also Holding The Industry Back
 

For questions regarding content, speaking, and sponsorship opportunities, please email our Senior Event Producer, Virginia Baker, at virginia.baker@bisnow.com. To request disability-related accommodations, please contact ally.araco@bisnow.com no later than seven business days prior to the event.

Agenda

Time Activity
12:00 PM
1:00 PM
Registration, Networking, & Breakfast
1:00 PM
1:45 PM
Financing the Future: Navigating the Complex Landscape of Financing in Philadelphia

Delve into the intricacies of securing and managing financing, including construction financing, in Philadelphia, highlighting challenges and opportunities in the current economic climate.

1:45 PM
2:30 PM
Visionary Insights in Philadelphia Commercial Real Estate: Bridging Development, Construction, and Innovation

An in-depth look into the evolving landscape of real estate development in Philadelphia, emphasizing sustainable practices, innovative construction techniques, trends in architecture and design, and strategic investment insights.

2:30 PM
3:00 PM
Post-panel Networking

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