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Speakers and Panels

Reshaping Communities Through Conversions

Inside Look At Repurposing Assets

Philip Balderston

Philip Balderston

CEO

Odin Properties

Brian Murray

Brian Murray

CEO

Shift Capital

David Waxman

David Waxman

Founder

MMPartners

Dana Reeves

Dana Reeves

Commercial Market Lead

Colliers Engineering & Design

Eric Leighton
Moderator

Eric Leighton

Partner

CBP Architects

Philip Balderston

CEO

Odin Properties

Philip Balderston is the Founder and CEO of Odin Properties, a diversified real estate investment and management firm with over 3,000 multifamily units and 200,000 square feet of commercial space. Prior to starting Odin, he was the director of Acquisitions and Finance at Philadelphia-based Tower Investments, Inc., responsible for financing various development projects and asset management. Before joining Tower, Philip was an Acquisition and Development Analyst at The KOR Group in Los Angeles. He has a profound understanding of real estate finance and economics, economic cycles, and community development, having completed over 600MM of real estate transactions as a Principal. Philip had also held an analyst and asset management position at Amerimar Enterprises in Philadelphia, is a graduate of the William Penn Charter School in East Falls, and holds a degree in Economics from the University of Pennsylvania and a degree in Real Estate Finance and Urban Studies from the Wharton School.

David Waxman

Founder

MMPartners

David is the Founder and Managing Partner at MMPartners, a vertically integrated commercial real estate development company having raised over $45M of capital and has invested in over $90M of real estate assets in the Philadelphia CBD market. David is responsible for fundraising, directing acquisitions and financing and leading the strategic direction of the team.

David is a former University Merit Scholar at Boston University, from which he graduated with a B.A. in Urban Studies and Public Policy. David has also successfully completed New York University’s Real Estate Finance and Investment graduate level coursework. Previously, he worked at Switzenbaum & Associates and PricewaterhouseCoopers LLP. David is an active member of ULI.

Eric Leighton

Moderator

CBP Architects

As a partner at CBP Architects, Eric Leighton has directed numerous projects of

varying scales in and around Philadelphia. In addition to working currently on several

feasibility studies, Mr. Leighton is the Project Manager for the Dilworth House

Condominium, a 12-story contemporary boutique condominium addition to the historic

Dilworth House overlooking Philadelphia’s Washington Square. This project is in the

construction phase. Mr. Leighton is also working on 150 West Berks Street, a mixed-

use development with commercial space and 150 dwelling units in Philadelphia’s South

Kensington neighborhood. This project is in the entitlement phase.

Previously, Mr. Leighton was the Project Manager for the recently completed 500

Walnut, an ultra-luxury condominium at 5 th and Walnut Streets in Philadelphia. This

slender 26-story glass tower contains 34 build-to-suit residences, many occupying

entire floors, above a four-story podium containing extensive amenities and below-

grade automated parking. In addition, Mr. Leighton was also the Project Manager for

2110 Walnut, a boutique condominium near Rittenhouse Square, which incorporates

new construction and overbuild of a historic structure.

Mr. Leighton was the Project Architect/Manager on numerous other projects, including

a single-family residence in the Texas Hill Country, the Marie Lederer Senior Housing

project, Van Pelt Mews townhouses, the JCHAI Education Center, the Bridgette Mayer

Gallery and the City of Philadelphia’s Engine Companies No. 37 and No. 38, fire

stations.

Building & Preserving Philadelphia Real Estate

Deep Dive on Designing & Constructing Adaptive Reuse Projects

Evens Charles

Evens Charles

CEO

Frontier Development

Mark Cartella

Mark Cartella

VP, Development

Alterra Property Group

Robert Herrera

Robert Herrera

Partner

9th Street Development Company

Christopher Horch

Christopher Horch

Associate Partner

JB&B

Christopher Kenney

Christopher Kenney

Principal

Strada Architecture

Brett Pastorius
Moderator

Brett Pastorius

VP Commercial

Clemens Construction

Evens Charles

CEO

Frontier Development

Evens Charles is the founder and managing principal of Frontier Development & Hospitality Group LLC.

A native of Washington, D.C, Mr. Charles attended Temple University in Philadelphia, Pennsylvania

where he was a Big East Conference Division-I football athlete. During his five-year athletic tenure at

Temple University, he earned a B.A. in Psychology and a Master of Education. Shortly thereafter, at the

age of 25, Mr. Charles was inspired by his landlord to execute his first small transaction that required

an out-of-pocket investment of $1,000 resulting in a $25K profit six months later. Mr. Charles

organically grew over a ten-year period by executing several successful residential and multi-family

acquisition and development projects, then by the age of 36, made his first hotel investment. He has

since grown Frontier to over a $200 million capitalized portfolio of Hilton and Marriot Internationally

branded hotel assets across six states, with another $560 million of urban infill, commercial real estate

development in its pipeline.

Some of his recent accomplishments includes being recognized as the lead developer of DMPED’s 2021

award of the Hill East Bundle II Project, which is 1.2 million square feet of waterfront, mixed-use

development in Washington DC; The 2021 Business of the Year by Prince Georges County Bi-County

Business; 2019 Black Enterprise largest 100 Black Owned Businesses in the nation and the 2019

Outstanding Entrepreneur Award by the Caribbean American Heritage. He has been featured in various

publications including Hotel Business, Lodging Magazine, Black Enterprise & Business Journals across

multiple cities.

He has an endowed scholarship in his name at Temple University targeting underserved students,

supports many philanthropic causes and serves as a mentor to many. He is also a member of Temple

University’s School of Hospitality & Tourism Board of Visitors, member of the Real Estate Executive

Council (REEC), as well as industry organizations such as the National Alliance of African American

Hotel Owners and the Asian American Hotel Owners Association.

Christopher Horch

Associate Partner

JB&B

Christopher Horch joined JB&B in 2002, now serves as an Associate Partner, and is part of the

leadership team for the firm’s growing Philadelphia practice. His current responsibilities include

project management, coordination, design, calculations, field observations and the preparation

of construction documents. He has led the design of heating, ventilation and air conditioning

systems for varied market sectors nationwide and throughout the world, including university, life

science, commercial office, hospitality and infrastructure projects.

Mr. Horch has provided expertise for life science projects such as Penn Medicine’s 3600 Civic

Center Boulevard Overbuild (core and shell and lab fit-outs) as well as infrastructure upgrades

at The Curtis Center, both in Philadelphia. His work on major financial institutions includes

various sites for major financial clients in New York and New Jersey, and his developer building

and infrastructure experience includes One Vanderbilt, TWA Hotel at JFK International Airport

and 1212 Avenue of the Americas. He has also assisted JB&B with the construction of premier

research facilities, such as cyclotron projects at both NYU Langone Health and Memorial Sloan

Kettering in New York City. His experience in higher education includes the NYU Tandon

School of Engineering BioMedical Engineering and Chemical Biomolecular Engineering

Renovation, Barnard College’s Roy and Diana Vagelos Science Center, and John Jay College

of Criminal Justice, all in New York.

Mr. Horch earned his Bachelor of Science degree in Mechanical Engineering from Lehigh

University and is a licensed Professional Engineer; a LEED Accredited Professional; and a

Certified Energy Auditor. He is a member of ASHRAE, a member of the Young Professionals

Committee of the New York Building Congress, a member of the NYC Builds Bio+ Life Sciences

Committee, and a member of the New York City Mechanical Code Committee. Mr. Horch also

serves as an Expert Peer Review Committee member for the Council on Tall Buildings and

Urban Habitat (CTBUH).

Christopher Kenney

Principal

Strada Architecture

Christopher Kenney is a Principal at Strada Architecture, a multidisciplinary design firm with studios in Philadelphia, Pittsburgh, and Chapel Hill NC. A highly skilled architect and sustainability consultant with more than 25 years of experience, he focuses on the materials, technologies, sustainability strategies, and craftsmanship associated with the practice of building. Chris manages projects at multiple scales involving life sciences, adaptive reuse, preservation, academic facilities, and museum exhibits. He directs the firm’s QA/QC and Peer Review processes.

Recent work includes “The Battery” (adaptive reuse of the Delaware Generating Station), B Labs at Cira Centre, and Temple University’s iNest. His clients include Lubert-Adler Real Estate Funds, Brandywine Realty Trust, Wexford Science + Technology, Longfellow Real Estate Partners, Convene, Thomas Jefferson University, Temple University, KIPP Charter Schools, and Roman Catholic High School.

Brett Pastorius

Moderator

Clemens Construction

Brett has a broad range of experience in new construction, major renovations, and interior fitouts in sectors ranging from multi-family and hospitality to retail, commercial, and education. His can-do attitude and attention to each project’s unique details led him to his current role overseeing Clemens' Project Management division. Known for his strategic thinking and problem-solving skills, he is also instrumental in planning the company's most complex projects. Brett's leadership ensures that every project meets the highest standards of quality and client satisfaction.

Why You Should Attend This 2024 Philadelphia Adaptive Reuse And Preservation Event:

What You’ll Learn:

  • Office is experiencing a rise in vacancies and a decline in valuations. What opportunities lie in converting these assets to residential properties?

  • How can an experienced project team help developer's tackle adaptive reuse projects successfully?

  • What permitting processes and regulatory hurdles do developers face in adaptive reuse projects, particularly in Philadelphia?

  • What key building attributes should developers look out for when assessing assets for potential conversion opportunities?

  • With rising inflation and high interest rates, does the state need to look towards increasing the funding for its Historic Preservation Tax Credit Program to further incentivize developers?

  • What are the financial aspects of conversion projects, including costs, funding and potential returns on investment?

  • What challenges lie with conversions? Which types of properties are easier and more cost effective to convert?

  • How can developers leverage federal tax credits to preserve and renovate historical buildings?

  • What best practices and lessons can be learned from industry experts about successful conversions, when it comes to project planning and execution?

How You'll Do More Business: Enhance your business by analyzing the opportunity available to provide more housing through converting assets. Learn the positive long-term impact this has on neighborhood and business growth and overall valuations of buildings. Hear from our expert speakers on design and buildings strategies to not break the bank taking on these projects.

Who Attends: Philadelphia’s policy makers, city officials, investors, owners, developers, lenders, brokers, occupiers, planners, architects, designers, consultants and advisors.

Why You Should Attend: Bisnow events bring together the biggest power players in the industry to identify opportunities, build your network, and expand your business. With the largest audience of commercial real estate professionals in the world, no one knows how to help your business more than us.

For questions regarding content, speaking, and sponsorship opportunities, please email our Northeast Event Producer, Joshua Piquion, at joshua.piquion@bisnow.com. To request disability-related accommodations, please contact ally.araco@bisnow.com no later than seven business days prior to the event.

PHILADELPHIA'S 2024 ADAPTIVE REUSE, PROJECTS, EVENTS AND ARTICLES

Agenda

Time Activity
12:00 PM
1:00 PM
Coffee, Breakfast & Networking
1:00 PM
1:45 PM
Repurposing Assets: Reshaping Communities Conversions

1.) What opportunities lie within conversions and what challenges are developers and designers facing in today's market.
2.) Understand how public stakeholders are supporting these projects through different incentive programs.

1:45 PM
2:00 PM
Networking Break
2:00 PM
2:45 PM
Designing, Building And Preserving Adaptive Reuse Projects

1.) Hear development teams share their best practices and their plans for their projects.
2.) Understand cost effective approaches to preservations and design strategies that maximize project budgets.

2:45 PM
3:15 PM
Post-Event Networking

Sponsors

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