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Speakers and Panels

Leslie Smallwood-Lewis

Leslie Smallwood-Lewis

COO & Co-Founder

Mosaic Development Partners

Leslie Smallwood-Lewis

COO & Co-Founder

Mosaic Development Partners

Leslie started her real estate career at the Goldenberg Group, a regional mid-sized real estate development firm located in Blue Bell, PA, as an Associate Development Director. During her 7-year tenure, she was promoted three times ultimately achieving the position of Senior Vice-President of Development. Leslie led the development of a $50 million, 342,000 square foot shopping center, the largest single development in West Philadelphia and the largest development in a Federal Empowerment zone located in the Commonwealth of Pennsylvania. In 2008, Leslie and her partner Gregory Reaves, established Mosaic Development Partners. Since its founding, Mosaic has developed over $54 million in real estate projects and has created over 200 construction jobs and 100 full-time jobs. Leslie is a graduate of Brown University and Villanova School of Law.

Navigating the Real Estate Terrain: A CEO Perspective

Matthew Pestronk

Matthew Pestronk

Co-Founder

Post Brothers

Jay Shah

Jay Shah

CEO

Hersha Hospitality Trust

Carl Dranoff

Carl Dranoff

CEO

Dranoff Properties

Michael Flanagan

Michael Flanagan

President - Development

The Michaels Organization

Bradley Korman
Moderator

Bradley Korman

CEO

Korman Communities

Jake Reiter
Moderator

Jake Reiter

President

Verde Capital

Matthew Pestronk

Co-Founder

Post Brothers

Matthew Pestronk is co-founder of Post Brothers, a real estate investment, development and management company with singular and unique expertise in urban real estate development. Matthew serves as President of the company, engaged in the sponsorship of Class-A multifamily, mixed-use and retail development projects comprised of over 7,000 units that are operating, under development or disposed plus, over 400,000 sf of commercial space, with a total capitalized cost in excess of $2.5 billion. Matthew shares strategic leadership of the company with his brother, Michael, and is engaged in asset management, financing, and project and capital formation. Matthew has worked in real estate capital transactions for his entire 20+-year career and was previously a real estate financing executive in New York City prior to forming Post Brothers. Matthew is also very active in his community and has board service experience for multiple charitable organizations including the Philadelphia Holocaust Remembrance Foundation, Beat the Streets Philadelphia, West Nottingham Academy, Children's Hospital of Philadelphia and is the Immediate past Chair of Jewish Federation Real Estate.

Jay Shah

CEO

Hersha Hospitality Trust

Jay H. Shah is Hersha Hospitality Trust's Chief Executive Officer and a member of the Board of Trustees. Mr. Shah is involved in all areas of the business with a particular emphasis on strategic relationships, capital transactions, asset management, and acquisitions.

Prior to Hersha, Mr. Shah formed Shah & Byler, LLP, a law firm specializing in real estate and construction and was also a consultant at the former Coopers & Lybrand LLP, now PricewaterhouseCoopers. Mr. Shah served as a legislative assistant to the late Senator John Heinz on Capitol Hill and has also worked with the Philadelphia District Attorney's office.

Mr. Shah received a Bachelor of Science degree from the Cornell University School of Hotel Administration, a Master’s degree from the Temple University’s Fox School of Business, and a Law degree from Temple University School of Law.

Mr. Shah serves on the Board of Trustees of The Episcopal Academy and Cornell University Dean’s Advisory Board for the School of Hotel Administration. He is also a member of the Dean’s Council for Temple University’s Fox School of Business, Urban Land Institute’s Hotel Development Council, American Hotel & Lodging Association’s Board of Directors, Pennsylvania Academy of the Fine Arts, and President’s Leadership Council for Thomas Jefferson University and Jefferson Health.

Carl Dranoff

CEO

Dranoff Properties

Urban visionary Carl. E. Dranoff has earned national recognition for his game-changing approach to residential development in the urban core. As founder and CEO of Philadelphia-based Dranoff Properties, Dranoff has developed over 1.4 million SF of prime real estate valued at $1 billion with projects ranging from ground-up skyscrapers, adaptive reuse, and mixed-use developments.

Developments, built by Dranoff, share a common theme – they are stylish, character-defining, beautifully designed expressions of modern luxury living. Philadelphia's most iconic condominium high rises, including One Riverside, 10 Rittenhouse, Two Liberty, Symphony House, and the under-construction Arthaus, are his work.

The uber-luxurious, trend-defying Arthaus is Dranoff’s latest achievement which recently welcomed its first residents. Located across from the Kimmel Center and designed by international A-list architect Kohn, Pedersen Fox, the condominium residences feature expansive skyline and river views and floorplans and finishes worthy of a magazine spread. The resort-style amenities, green spaces, gardens, and white-glove service make every day feel like a vacation.

Over his career, Dranoff has had a steady stream of development achievements that have raised the bar on luxury living and changed the equation for urban living. His game-changing apartment and condominium developments are credited with turning around many declining Philadelphia neighborhoods, the Camden, NJ's Waterfront, Newark, NJ's art district, and the Ardmore PA's business district.

Dranoff earned his B.S. in Civil Engineering at Drexel University and his MBA at Harvard University. He was also awarded an Honorary Doctorate in Engineering from Drexel University, which cited him as "a nationally recognized civic leader and entrepreneur…whose work has brought a renewed sense of history to Philadelphia and urban Americans throughout the country".

Michael Flanagan

President - Development

The Michaels Organization

Michael (Mick) Flanagan serves as President of Development for The Michaels Organization. In this role, Mick is an integral part of the Senior Leadership Team, overseeing all development activities for affordable, workforce, market-rate and student markets..

Mr. Flanagan has previously served as Executive Vice President for Michaels’ student and market-rate areas of expertise. Prior to this, Mr. Flanagan was Vice President of Capital Markets where he was responsible for supervising an acquisition platform for the overall operating company as well as procuring equity that supports the acquisition and development of multifamily housing projects.

Mr. Flanagan comes to The Michaels Organization with more than twenty years of experience in finance. Prior to joining Michaels, Mr. Flanagan held the position of Executive General Manager of Finance at Lendlease Corporation where he acquired more than $80 million dollars in assets, developed Telecom Infrastructure in the United States with initial equity of $400 million, and oversaw a renewable energy portfolio across 16 states. Before his work at Lendlease, Mr. Flanagan worked as a Portfolio Manager at AMP Capital Investors, where he led and executed more than $9 billion in funding for new facilities. Before that, he was Managing Director of AssetBacked Finance, a boutique finance and securitization company.

Mr. Flanagan holds a Master of Business Studies in Finance and Organizational Behavior from the University of Dublin. He received his Bachelor of Commerce in Corporate Finance and Accounting from the University of Queensland.

Bradley Korman

Moderator

Korman Communities

Mr. Korman is Co-CEO of Korman Communities, Inc. The Company is one of the

largest owners and managers of multi-family properties in the region with a portfolio of

24 properties, and total market capitalization in excess of $2 Billion. The Company

operates throughout major markets in the United States, and is based outside of

Philadelphia, PA. The Company was the innovator of short-term furnished apartments in

the United States over 50 years ago, and Mr. Korman is a member of the fourth

generation to lead this company. The Company operates three brands, including its ARK

and AVE properties which feature full service multifamily operations at prime, infill

locations. The Company introduced its AKA brand in 2004, an upscale, urban high-rise

concept with properties located in New York City, Philadelphia, PA, Washington, D.C.,

Beverly Hills, CA, and London.

Mr. Korman has lead the acquisition, development and financing program of all new

properties by the Company, including the entrance into new markets such as New York

City, Beverly Hills and London. This growth has allowed Korman Communities to

establish relationships with some of the largest and most respected financial and lending

institutions in the country. Mr. Korman oversees all new business development,

including debt and equity relationships, throughout the Company.

Mr. Korman serves on the Board of Trustees of The Philadelphia Police Foundation,

Germantown Academy and the Duke University Library Advisory Board. He is also a

member of the JFRE Executive Committee, President’s Leadership Council at Jefferson,

Zell/Laurie Real Estate Center of The Wharton School of the University of Pennsylvania,

and is a licensed Real Estate Broker in Pennsylvania and New York.

Mr. Korman received his B.A from Duke University in 1987, and his M.B.A. from The

Wharton School of the University of Pennsylvania in 1992.

Jake Reiter

Moderator

Verde Capital

Jacob E. Reiter is an investor, Managing Partner at Gramercy Park Capital and President of Verde Capital Corp. Founded in 2011, Jake is responsible for strategic investor, operator and platform development (including investment strategies, technology and risk management).

Jake is the product of a fourth-generation real estate development family founded in NYC in 1900. Jake has several decades of experience developing capital solutions for real estate operators including developers, funds and REITs on a national basis. Jake brings a pragmatic approach to providing equity and structuring debt for development projects, acquisitions and recapitalizations in all asset classes. With a unique and broad-based background in corporate and leveraged finance, public/private sector transactions, capital markets and strategic tax planning, Jake is able to facilitate maximum asset values and returns for operators and investors.

Jake is a Research Sponsor of the Zell/Lurie Center and Ballard Executive Speaker, a member of the National Multifamily Housing Council, NAIOP and ICSC. Jake also sits on the executive boards of Jewish Federation Real Estate (JFRE), Jewish Federation’ Real Estate Committee, and serves as Co-Chair of the Philadelphia Holocaust Remembrance Foundation.

Jake attended Washington University in St. Louis and Harvard University.

Synergies in Real Estate Development

Creating Successful Real Estate Projects through Collaboration and Partnership

Michael Hankin

Michael Hankin

COO & President

Hankin Apartments

Leo Addimando

Leo Addimando

Managing Partner

Alterra Property Group

Daniel Killinger

Daniel Killinger

EVP & COO

National Real Estate Development

Scott Burke

Scott Burke

Northeast Region Team Manager, Building Solutions

IMAGINiT

Gloria Forbes

Gloria Forbes

EVP

ECBM

Joy Barrist
Moderator

Joy Barrist

Partner

Potter Anderson & Corroon

Daniel Killinger

EVP & COO

National Real Estate Development

Mr. Killinger is responsible for leading a team of experienced development and construction professionals for National Real Estate Development, National Real Estate Advisors’ (National), wholly-owned development management subsidiary.

National Development provides development and construction related management of selected projects across the country on behalf of National. In this role, Mr. Killinger oversees a $1 billion project portfolio, comprising two million square feet of mixed-use and residential space in Los Angeles, San Francisco and Philadelphia. Prior to this, he oversaw National Development’s East Market project in Philadelphia, PA as Director of Development. Mr. Killinger has diverse experience as a real estate professional in both the oversight of the design and development of urban, mixed-use projects as well as in the investment and asset management of residential and office buildings.

Prior to joining National Real Estate Development, Mr. Killinger was a Managing Director for Goldman Properties in New York, NY. At Goldman, he oversaw several development projects including 25 Bond Street and the repositioning of 110 Greene Street, both in New York, NY. He also consulted on numerous mixed-use urban development projects along the east coast. Mr. Killinger later joined Edison Properties in Newark, NJ as the Executive Vice President for Real Estate Planning and Development. At Edison, he was responsible for the entitlement, design and feasibility for the development of a portfolio of mixed use residential buildings in New York, NY and Newark, NJ. Mr. Killinger began his career as an architect with Kohn Pederson Fox Associates in New York, NY.

Mr. Killinger received a Master of Science in Real Estate Development from Columbia University and is a frequent participant in Columbia’s Real Estate Round Table series. He also received a Master of Architecture from the University of Pennsylvania and his Bachelor of Arts from Bucknell University.

Scott Burke

Northeast Region Team Manager, Building Solutions

IMAGINiT

Scott has worked as an Autodesk solutions provider since 2000. Scott has worked with various Architectural and Engineering companies providing onsite training and consulting relating to BIM processes. As a Team Manager, Scott oversees IMAGINiT’s North American Northeast technical team and works closely with the IMAGINiT Account Executives providing product demonstrations, and seminars and to plan and manage BIM Implementations clients across North America. Scott has also provided assistance to IMAGINiT’s Asian clients in Singapore.

Gloria Forbes

EVP

ECBM

Gloria joined ECBM in 1995. During her tenure with the company, she has served as Marketing Director, Sales Manager and COO. Currently, she brings her energy and expertise to consulting for large real estate firms and industrial clients, both new and existing clients. Under her direction, the company has created special services and stewardship programs for its real estate clients. Due to a significant diversity in portfolios, a balanced approach to managing insurance placements is required. Programs need to meet business needs and not just insurance requirements. Gloria excels in understanding company needs, then determining the benefits of blanketing or segregating risks, as well as the use of alternative approaches.

Prior to joining ECBM, Gloria worked for several large regional brokerage firms in Philadelphia. She became a specialist in the development of risk management and insurance programs for large commercial clients. While delivering a total program, she has developed expertise in managing the property insurance placements for large portfolios.

Gloria has earned the Chartered Property and Casualty Underwriter (CPCU), Associate in Risk Management (ARM) and Associate in Marine Insurance Management (AMIM) designations from the Insurance Institute. She has been a course instructor and conducted seminars in Risk Financing and Casualty Insurance and Property and Liability insurance. Gloria has also served on the Board of Directors for Women’s Way.

Joy Barrist

Moderator

Potter Anderson & Corroon

Joy A. Barrist offers a full range of commercial real estate law services involving the finance, acquisition, sale, lease and development of complex multimillion-dollar real estate projects throughout Delaware, Pennsylvania, around the country and internationally. She regularly represents banks and lending institutions, private equity firms, non-profit organizations, investors, developers, owners, landlords, and tenants.

Joy consistently represents both lenders and borrowers in various types of commercial real estate financing transactions, including acquisition, development and construction lending. Her experience also includes CMBS and mezzanine debt transactions, as well as municipal bond transactions. She handles finance and other real estate matters for all asset classes including multifamily, hospitality, office, retail, industrial, mixed-use, medical and education.

Joy represents financial institutions as lead lenders and participants in syndicated loan transactions. Her practice also includes the representation of lenders in workouts, financial restructuring, loan sales and the purchase of loan pool portfolios.

Joy’s practice also includes representations with respect to other real estate and general business matters such as easements, lot purchase agreements, sale and purchase of business assets and ownership interests in business entities, the formation of Delaware entities and the rendering of legal opinions in finance and other commercial transactions.

In addition to real estate finance, her experience extends to asset-based finance (including equipment, inventory and receivables financing), working capital lines of credit and various other complex commercial loan facilities.

She is a frequent speaker on topics of commercial real estate and in particular, real estate finance and construction lending.

The current edition of Chambers USA includes her in the top tier of Delaware real estate practitioners, highlighting positive client feedback: "She's a very fine attorney — a good technician and a good drafter." "Joy is top notch and her work is second to none."

Joy is actively involved in a number of community organizations in and around Wilmington, Delaware, including I Am My Sister’s Keeper, The Teen Warehouse, Inc., Jumpstart Wilmington, REACH Riverside and the Kingswood Community Center.

Joy is the vice practice group leader of the firm's Transactions and Corporate Counseling Group as well as chair of the firm's Women's Initiative

Expanding Perspectives on Multifamily Housing

Innovative Solutions for Philadelphia's Diverse Market Needs

Jessica Scully

Jessica Scully

President

Scully Company

Kristian Fields

Kristian Fields

Chief Operating Officer

Klover Contracting

Steve Krumenacker

Steve Krumenacker

Principal

DCI Engineers

Aeron Hodges
Moderator

Aeron Hodges

Principal

Stantec Architecture

Jessica Scully

President

Scully Company

As President of Scully Company, Jessica Scully oversees all aspects of the company's

business, including operations, finance, client relationships, consulting services,

strategy, and culture. In Scully Company’s 75 th year in business, Jessica proudly

represents the 3 rd generation of Scully family ownership and is responsible for the

performance of the company’s $2 billion portfolio.

Beyond the company’s financial performance, the culture Jessica fosters within the

organization has been celebrated with multiple accolades, including being named a

Best Place to Work for 8 consecutive years and the #1 Best Place to Work in Multifamily

in 2023.

Jessica served on the Board of Directors for the Pennsylvania Apartment Association

East, where she was also a past President. She's served on the National Apartment

Association Board of Directors as the Region IV Vice President and currently serves as

a Villanova University Center for Real Estate Advisory Council member. Jessica is an

active member of the Philadelphia Chapter of the Young Presidents' Organization

(YPO).

Jessica is a Villanova University graduate and holds a CPM® designation through the

Institute of Real Estate Management.

Kristian Fields

Chief Operating Officer

Klover Contracting

As Chief Operating Officer of Klover Contracting, Kristian Fields leads the company's mission to drive the productivity revolution in construction. His 20+ years in commercial construction includes various leadership roles in construction management, estimating, procurement, and structural engineering. This diverse background has equipped him with a comprehensive understanding of the entire project lifecycle.

Kristian focuses on delivering unique solutions in traditional commercial carpentry and prefabrication to Multi- Family, Healthcare, and Institutional clients. With an emphasis on prefabrication techniques, Klover delivers prefabricated wall assemblies and floor systems that minimize waste and maximum efficiency. Kristian is a strong proponent of this methodology, recognizing its ability to expedite construction timelines, enhance quality control, and minimize on-site activities.

His experience includes notable clients and projects such as Piazza Alta, Broad and Washington, St. Luke’s Health Network, Lehigh Valley Health Network, Children’s Hospital of Philadelphia, Brooklyn Museum of Art, and St. Patrick’s Cathedral.

Steve Krumenacker

Principal

DCI Engineers

As the managing Principal of DCI Engineers’ Wayne office, Steven leverages over two decades of structural design experience to lead engineers on projects of all shapes, types and sizes. His portfolio includes many different types of projects but, he is most recognized for his senior living, multi-family, and mixed-use work. Steven’s work can be seen all over Philadelphia, like in the Brewerytown neighborhood, where he helped convert the historic Poth Brewery into the new Poth Lofts, which offer industrial-style apartments in a revitalized, riverside neighborhood. His work on HELP Philadelphia VI turned an art-deco-style school building into housing for veterans, and the work he is currently doing on Saint Joseph’s University to expand their Kinney Center for Autism education and add a new six-story residence hall to the campus.

Steven has built a reputation for placing his clients’ needs at the center of the design-build process and aims to find creative, practical solutions that help fulfill project goals in an organized and streamlined process. Steven is often relied upon for leading an engineering team that is responsive and available to offer economical design solutions. His teams have contributed to a variety of developments around the city and surrounding region, demonstrating DCI’s deep understanding of the kind of opportunities that changing economies bring to a city and how engineers can work with developers and architects to capitalize on the shifts in America’s infrastructural needs.

Aeron Hodges

Moderator

Stantec Architecture

Aeron Hodges, AIA, is a Principal at Stantec Architecture. Based in the Boston office, she has led designs for developers in high-barriers-to-entry markets while balancing unique requirements of municipalities, residential trends, and multifamily economics to deliver high quality market-rate and affordable residential communities. Her broad ranging experience, including multifamily housing, workplace, commercial/mixed-use, and public projects, informs the innovative yet practical solutions she develops for clients. Her recent projects include the Parker, Miscella and Montaje at Assembly Row, and 800 Spring Garden. As co-founder of WHAT’S IN, a design initiative pushing for innovative & affordable housing solutions, she received the ONEin3 Impact Award from Boston for being an outstanding civic leader under age 35. Aeron was also a Plym Travel Fellow from the University of Illinois Urbana Champaign, during which she investigated replicable housing typologies from Europe.

From Philly to the World

How Philadelphia's Global Connections are Driving Real Estate Development and Investment in the City

Rich Gottlieb

Rich Gottlieb

President & COO

Keystone Development + Investment

Tony Ewing

Tony Ewing

Investment Officer

EQT Exeter

Carl Fiebig

Carl Fiebig

Senior Managing Director, Capital Markets

JLL

Matt Lakofsky
Moderator

Matt Lakofsky

Partner

Citrin Cooperman

Rich Gottlieb

President & COO

Keystone Development + Investment

Rich directs the development, leasing, and management of Keystone’s portfolio with a forward-thinking insight that brings concepts to execution. At Keystone, he’s credited with over 20 million square feet of lease transactions and five million square feet of development, collectively valued in the billions of dollars. His career-defining transaction (so far) is signing Amerisourcebergen to their new headquarters, catalyzing the development of SORA West in Conshohocken.

Prior to Keystone, Rich held leadership roles at Stoltz Management Company, Prentiss Properties Trust, and Pennsylvania Real Estate Investment Trust. Rich holds an MBA from Temple University and is a licensed real estate broker in Pennsylvania.

Matt Lakofsky

Moderator

Citrin Cooperman

Matthew J. Bonney is a tax partner with over 25 years of experience focusing on all facets of his clients’ business and tax needs. He specializes in working with clients in the real estate sector, including owners/operators, developers, investors, private real estate funds, and REITS. He also advises law firms and a range of clients in the music, manufacturing, technology, and restaurant industries, as well as high net worth individuals.

For his real estate clients, Matt provides a deep expertise in deal planning,

structuring, and reviewing, helping clients to acquire, manage, and sell

properties while limiting tax risks. He has a wide breadth of knowledge and

experience in federal, state, and local tax credits, as well as managing

investor relationships, analyzing internal controls, and assisting with

financing opportunities.

As a tax specialist, Matt also provides a range of general tax compliance and

reporting services, including representing clients before government taxing

authorities.

WHY YOU CAN'T MISS THIS EVENT

What You'll Learn: 

  • Gain insights into the crucial role collaboration and partnerships play in successful real estate developments and learn best practices for effective communication and conflict resolution among stakeholders.

  • Discover how Philadelphia's strategic position and diverse industries are attracting international trade and investments, and how this global connection drives the city's real estate market.

  • Understand the multifaceted landscape of multifamily housing in Philadelphia and investigate innovative financial solutions catering to a range of housing needs.

  • Learn about the transformative journey of Philadelphia's waterfront from a shipyard to a thriving mixed-use destination, and the impact it has had on the local economy and community.

  • Hear from top CEOs about visionary leadership, embracing innovation, and tackling industry-wide challenges in today's ever-changing real estate market.

  • Understand the importance and challenges of community engagement in real estate projects, with a focus on creating developments that balance financial viability with social responsibility.

  • Gain insights into the unique design and architectural features that contribute to the appeal of Philadelphia's waterfront as a mixed-use destination.

  • Discover the role of sustainability in real estate development and how sustainable practices have been incorporated into Philadelphia's waterfront transformation.

  • Learn from CEOs about cultivating a company culture that fosters innovation and performance, as well as strategies for attracting and retaining top talent in the competitive real estate industry.

How You'll Do More Business: By attending this event, you'll glean valuable insights into the current state of the Philadelphia real estate market across various asset classes. You'll learn about effective strategies and innovative solutions to tackle industry-wide challenges, which can be applied to your own business operations. You'll also have the opportunity to network with industry leaders, potential partners, and investors, fostering relationships that can lead to new business opportunities.

Who You'll Meet: Philadelphia's top commercial real estate CEOs, CFOs, COOs, property management professionals,  investors, developers, architects, contractors, urban planners, brokers, financial professionals, and policy makers.
 

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.

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Agenda

Time Activity
2:00 PM
3:00 PM
Registration and Pre-event Networking
3:00 PM
3:45 PM
Synergies in Real Estate Development: Creating Successful Real Estate Projects through Collaboration and Partnership

Explore the importance of collaboration and partnerships in successful real estate development, from overcoming common challenges to leveraging technology for better communication and community engagement.

3:45 PM
4:30 PM
Navigating the Real Estate Terrain: A CEO Perspective

Learn from top CEOs as they discuss their leadership strategies amidst flux, emerging trends across asset classes, embracing innovation in real estate, tackling industry-wide challenges, and cultivating talent and company culture.

4:30 PM
5:15 PM
Lunch and Networking
5:15 PM
6:00 PM
From Philly to the World: How Philadelphia's Global Connections are Driving Real Estate Development and Investment in the City

Examine the global influences driving Philadelphia's real estate market, from its strategic location to the impact of international trade and diverse local industries.

6:00 PM
6:45 PM
Expanding Perspectives on Multifamily Housing: Innovative Solutions for Philadelphia's Diverse Market Needs

Dive into innovative solutions for Philadelphia's diverse multifamily housing market needs, discussing creative financing solutions, community engagement, resource accessibility, and policy solutions.

6:45 PM
8:00 PM
Post-event Networking