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Elevate 24

Elevate 24

Elevate 24 consists of two, four story Class A office buildings totaling 322,406 SF. The project has a 20K sf outdoor recreation deck with ample meeting areas, games and lounges. Additionally, there are a brand new state of the art fitness center with locker room and shower, large multi-purpose conference rooms and onsite café. The project boasts a three-level subterranean parking garage providing convenient, secured parking for tenants and visitors. Elevate 24 is in a prime location near the Camelback Corridor’s “main & main” intersection, proximate to dense residential neighborhoods and an abundance of retail amenities. The Project has strong presence on 24th Street and benefits from easy access to 51 freeway via Highland Ave. (a lower traffic artery), allowing for easy commutes from around the Valley and quick trips to Phoenix Sky Harbor International Airport. The Project’s cast-in-place concrete buildings feature high volume 13-foot concrete ceilings and floors, which allow for creative and traditional interiors.

Regent acquired Elevate 24 in June 2017 at 79% occupancy and in May 2019 completed a $7 Million renovation of the project.

Speakers and Panels

Phoenix Office Boom

As Employees Flock to Phoenix, What do You Need to Know about Commercial Development?

Cathy Thuringer

Cathy Thuringer

Principal

Trammell Crow Company

Mark Singerman

Mark Singerman

VP & Regional Director

Rockefeller Group

Matthew Benbassat

Matthew Benbassat

Executive Vice President

Regent Properties

George Forristall

George Forristall

Vice President, Market Leader

Mortenson

Kathryn Peacock

Kathryn Peacock

Principal

Partner Engineering and Science

Ryan Ferguson
Moderator

Ryan Ferguson

VP, Operations - Mission Critical

McCarthy Building Companies

Cathy Thuringer

Principal

Trammell Crow Company

Catherine Thuringer has responsibility for the Development and Investment Group for Trammell Crow Company and High Street Residential, TCC’s residential subsidiary, in the state of Arizona. With more than 30 years in the real estate industry, her experience encompasses leading all phases of development from site acquisition through land use/entitlements, design/construction, marketing, financial performance and project disposition and includes more than six million square feet of development projects with a market value approaching $1 billion.

Cathy serves as one of eleven members of Trammell Crow Company’s Leadership Council, a senior leadership group that is charged with identifying, vetting and implementing strategic company initiatives. She also frequently participates as a subject matter expert for Trammell Crow Company’s national investment committee reviewing the Company’s investment in development projects throughout the United States.

Mark Singerman

VP & Regional Director

Rockefeller Group

Mark Singerman is Vice President, Regional Director for the Rockefeller Group’s Arizona Region. He is responsible for the development process of the company’s projects throughout Arizona, including in-depth financial and market analyses and direction of consultants, such as architects, engineers, and leasing agents.

Before joining the company in 2008, Mr. Singerman was the Western Region President of Crosswinds National LLC in Phoenix, where he was instrumental in forming the western national division to develop commercial and mixed-use master-planned communities. His extensive real estate career began in 1975 in the midwest as a Retail Leasing Representative for Developers Diversified REIT in Cleveland, Ohio. Afterward, Mr. Singerman served 18 years in southern California with several large developers, including regional mall developer Ernest W. Hahn, Inc. and Trizec/Hahn. He directed the acquisition, development, and construction of numerous office, industrial, and retail-center buildings, as well as single- and multi-family residences.

In addition, he acquired and managed the entitlement and development of over 4,200 acres in California, Arizona, Texas, Michigan, and Florida for mixed-use master-planned communities with infrastructure to support 15,000 homes, plus parks, schools, amenity centers, and commercial spaces.

Mr. Singerman holds a Bachelor of Business Administration, with honors in Personnel Management, from Ohio University, and a Masters of Business Administration from California State University. He is actively involved in the Urban Land Institute and several other national real estate organizations.

Matthew Benbassat

Executive Vice President

Regent Properties

Matthew Benbassat is an Executive Vice President at Regent Properties. Matthew manages the acquisitions and development arms of Regent Properties. While at Regent, Matthew has been involved with the acquisition, financing, development and management of over 6 million square feet of office, retail and mixed use properties. Prior to joining Regent, Matthew began his career as a strategy consultant at L.E.K. Consulting. He then worked as an attorney specializing in real estate transactions in the Los Angeles offices of Manatt, Phelps & Phillips, LLP and O’Melveny & Myers LLP. While at O’Melveny, Matthew also practiced in the fund formation group. Matthew currently serves as trustee and board member of VBS Harold M. Schulweis Day School, and previously served as a board member and treasurer of Birmingham Community Charter High School. Matthew graduated magna cum laude with a BS in Economics from the Wharton School at the University of Pennsylvania, and he received his JD from UCLA.

George Forristall

Vice President, Market Leader

Mortenson

George Forristall is Vice President, Market Leader, of Real Estate Development at Mortenson, where he leads development opportunities across Arizona, Nevada and the Carolina’s.  His expertise lies with bringing complex projects from concept to completion. With nearly 30 years at Mortenson, George has built a career creating innovative development solutions that align financing, design, construction, and operational goals to deliver long-term value for owners and communities.
 
Among his recent work, George has helped advance higher education initiatives, including the University of Arizona's new The Catalina residence hall, a 1,300-bed on-campus community being delivered through a public-private partnership with Collegiate Housing Foundation. Drawing on extensive experience in development strategy, financing, and stakeholder partnerships, he brings valuable insight into how universities can address growing housing demand while supporting student success and long-term campus growth. Known for his collaborative approach, he builds alignment among public and private stakeholders to advance complex projects from vision to reality.

Kathryn Peacock

Principal

Partner Engineering and Science

Kathryn Peacock serves as Principal and National Client Manager for Partner Engineering and Science, Inc. With 20 years of experience under her belt, Kathryn has worked on thousands of transactions, subsurface investigations, and site remediation projects for some of the nation’s largest lenders and investors. She holds a bachelor degree in Soil Science from Prescott College and a Masters in Education from the Arizona Teachers Institute. Kathryn speaks and writes frequently on a wide range of environmental due diligence topics, and is dedicated to advancing standards and best practices through her active involvement with industry associations such as ASTM.

Kathryn is a founding member of EFMR (Environmental Facilities Management Roundtable). Environmental Professionals are frequently unique within their companies, having few peers who understand the unique challenges of their day to day. This group was formed to help facilitate dialogue amongst industry professionals.

Residential Race

How Is Phoenix Transitioning from Master Planned Communities to Infill Multifamily?

John Graham

John Graham

CEO

Sunbelt Holdings

Brent Herrington

Brent Herrington

President

DMB Development

Alan Jones

Alan Jones

Division President

Lennar

Ron Ensley

Ron Ensley

Operations Director Southwest Region

Katerra

Scott Meredith

Scott Meredith

Senior Vice President

George Smith Partners

Jeff Gunderson

Jeff Gunderson

Senior Vice President

Lennar

Thomas McDonald
Moderator

Thomas McDonald

Lawyer

Gammage & Burnham

John Graham

CEO

Sunbelt Holdings

John Graham joined Sunbelt Holdings in 1982, became President in 1990, and assumed the role of Chairman of the Board in 2019. John’s background in asset management, development and real estate investment provides a solid foundation of knowledge and experience in the real estate field. Under John’s direction Sunbelt has become a dominant force, in both community affairs and real estate activities. John’s prior experience included The Koll Company in asset management and development from 1980- 1982 and Coldwell Banker in asset management and sales from 1978-1980.

Brent Herrington

President

DMB Development

As President and CEO, Brent Herrington provides strategic leadership for DMB Development LLC and oversees all aspects of the company’s operations.

Herrington joined DMB in 1998 and has led several of the company’s flagship projects, including DC Ranch and Silverleaf in North Scottsdale and Kukui`ula on the island of Kaua`i. He’s been actively involved in the visioning, strategy, planning and design of many of DMB’s major projects over the past 17 years. Immediately prior to joining DMB he served as town manager for Celebration, Florida, an innovative 5,000-acre planned community developed in central Florida by the Walt Disney Company.

Herrington is a long-time member of the Urban Land Institute and past chair of ULI’s Community Development Council (Silver Flight). He’s served in a variety of volunteer leadership roles for professional, cultural and philanthropic organizations, including a national task force for Freddie Mac focused on improving opportunities for home ownership for lower income families. A graduate of the Advanced Management Development Program in Real Estate at Harvard University, he is recognized nationally as a thought leader in the community development industry. He is a frequent presenter at industry events and conferences and has been a pioneer in the field of innovative lifestyles and sound governance for new communities. He served as president of the Foundation for Community Association Research (Falls Church, VA), and as a national trustee for the Community Associations Institute (Reston, VA).

Ron Ensley

Operations Director Southwest Region

Katerra

Ron is the Operations Director for Katerra’s Southwest region and is responsible for

preconstruction and operational execution of all projects throughout Arizona and other areas

of the southwest. He has over 30 years of experience (the past 24 years in Arizona) in all

aspects of construction including multi-family, hospitality, office, industrial, retail, healthcare

and site development totaling in excess of $2B. Ron started his career working in the field for a

masonry subcontractor and has worked his way up the ladder as a Superintendent, Project

Engineer, Project Manager and Project Executive for general contractors in the Midwest, South

and Southwest areas of the country. Ron holds a Bachelor of Science Construction Engineering

degree from Iowa State University. When he is not working, you can find him at the local

hockey rinks watching his 2 boys play or at a golf course watching his daughter run cross

country.

Scott Meredith

Senior Vice President

George Smith Partners

Mr. Meredith joined George Smith Partners in 2015 and brings over 20 years of

commercial lending and banking experience. He focuses on delivering solutions to

address his clients’ real estate capital requirements and arranges structured financing

for commercial and multifamily properties, including acquisition, refinance,

construction, bridge, permanent, mezzanine, participating debt, and joint venture

equity. He has been active in the industry with a track record of success with over $1

Billion of transactions. He has completed transactions in the retail, multi-family, office,

multi-family, industrial and hospitality sectors as well as health-care/medical and senior

housing facilities.

Mr. Meredith holds a Bachelor of Science in Business Administration from the

California State University at Long Beach.

In his spare time, he enjoys spending time with his family and friends, traveling,

investing in real estate and is an avid amateur photographer.

Jeff Gunderson

Senior Vice President

Lennar

Jeff Gunderson is the Sr. Vice President of Land Acquisition and Development for

Lennar in the Phoenix Metro area. During his 14 years at Lennar, Jeff has held various

positions managing acquisitions and development, for the Division. Lennar, one of the

largest Homebuilders in the Nation and has doubled its size locally with the acquisition of

Cal Atlantic Homes. The Division will close more than 2100 homes in 2019 and is

poised for growth in the years to come.

Jeff’s previous 2 stops in his 25+ year Homebuilding career were with Shea Homes and

the Ryland Homes. Jeff held the position of Director of Land Development for Shea and

was the first Land Development professional hired for the Phoenix Division of Ryland.

Jeff played key roles in the acquisition, entitlement, and the development of dozens of

communities for these two builders.

Jeff is active with the Home Builders Association of Central Arizona.

He and his wife Angie are also busy raising their 2 teenage boys.

Thomas McDonald

Moderator

Gammage & Burnham

Speaker. Author. University of Michigan alum who bleeds blue. Tom wears many hats, but none more important than his role as an award-winning transactions attorney with more than 20 years of experience – focusing on real estate, corporate and commercial transactions, and public-private transactions.

With regard to real estate, Tom represents homebuilders, developers, investors, owners, infrastructure groups, construction managers, municipalities, health care companies, manufacturers, golf course owners, wind and solar developers and many others. His practice encompasses the acquisition, development, financing, lease and sale of residential, commercial, office, industrial, and agricultural properties.

Tom also has significant experience with public-private transactions, development and land-use agreements, improvement and community facilities districts, water agreements and utility agreements.

For the past 14 years, Tom has been ranked among the Best Lawyers in America for his real estate practice. His name has also graced the lists of Southwest Super Lawyers (2007-2018), Arizona’s Finest Lawyers (2014-2019) and Chambers USA (2014-2018) – all hallmarks of the passion he puts into his practice every single day. But, Tom’s fervor for the legal profession doesn’t live in a bubble inside his practice. He has been actively involved in Arizona’s future through his participation in numerous initiatives, including the Greater Phoenix Economic Council-Community Building Consortium and his current role on the Legislative Committee for Valley Partnership.

Mixed-Use Mania

Retail Trends & Creating A Successful Community Oriented Development

Sharon Harper

Sharon Harper

Chairman & CEO

Plaza Companies

Laura Ortiz

Laura Ortiz

President

Evergreen Devco

Spike Lawrence

Spike Lawrence

Co-Founder

Lawrence & Geyser Development

Steven Davis

Steven Davis

Managing Member

Retail Investment Group

Martin Hedlund
Moderator

Martin Hedlund

Vice President

Sundt Construction

Sharon Harper

Chairman & CEO

Plaza Companies

Sharon is President, CEO and co-founder of Plaza Companies. Her forward-thinking commitment has helped make Plaza one of the premier real estate firms in Arizona and has earned her and Plaza respect throughout the industry and across the country. She is not only dedicated to her business endeavors, but is also actively involved in many different aspects of the community.

Laura Ortiz

President

Evergreen Devco

Laura Ortiz is a Managing Principal and oversees the firm’s retail developments and its Development Managers. Her responsibilities also include new client development and relationship management, tenant lease negotiations, and developing and implementing tools and systems for the management of Evergreen’s projects. Laura graduated Magna Cum Laude with a Bachelor’s Degree in Finance & Economics from the University of Arizona. She has been with Evergreen since 1994.

Steven Davis

Managing Member

Retail Investment Group

Steven Davis founded Retail Investment Group in 1999, bringing over 20 years of experience to the

Commercial Real Estate business. The focus of the company is the sale of net leased investments, which

are typically restaurants, banks, drug stores, fitness, medical, automotive, and general retail. Steven and

his team have sold many Denny’s, Hooters, Taco Bells, KFCs, Pizza Huts, Burger Kings, Jack in the Box and

other regional chains. They have also closed on Walgreens, CVS, Bank of America, LA Fitness, Dollar

General, Advance Auto Parts, and they recently started getting into hotels. Investors buy and sell these

assets for various reasons, however many purchase them with 1031 exchange proceeds from a previous

sale to defer capital gains taxes. All these transactions nationwide have made Steven an expert in the

1031 industry. Steven graduated from Arizona State University with a degree in Marketing. He lives in

Scottsdale with his wife and two daughters.

Martin Hedlund

Moderator

Sundt Construction

Mr. Hedlund joined Sundt Construction in 1984 and currently serves as a Regional Vice

President for the Southwest District responsible for Sundt’s vertical construction in Arizona,

nearly all of it using team-based project delivery. Mr. Hedlund has served in various project and

management roles during his 35+ year career, which has included extensive industry

involvement with the Design-Build Institute of America, the Arizona Builders Alliance, the

Greater Phoenix Chamber of Commerce and WESTMARC. A Registered Professional Civil

Engineer in Arizona, Mr. Hedlund received his B.S. in Civil Engineering from Stanford

University. He has widely presented on many topics including leadership, alternative project

delivery, Lean Construction and building information modeling (BIM).

Mr. Hedlund is an avid golfer, husband of 30 years to wife, Ellen, proud father of two young

adults, and happy to be giving back to an industry that has given so much to him.

Summary

  1. As Greater Phoenix sees the fastest job growth in decades, will more office development follow in suit?

  2. With strong population growth, is Phoenix poised to become one of America's economic giants?

  3. With 13,500 multifamily units in the pipeline, is demand high enough to meet supply?

  4. In a rapidly changing retail climate, what kinds of tenants are successful in Phoenix?

  5. With shifting interest in master-planned communities, how is infill development revolutionizing Phoenix's landscape?

Venue

Elevate 24
4742 N. 24th St.
Phoenix, AZ 85016

4th Floor


Complimentary valet is available at the 24th Street entrance of the property.

Agenda

Time Activity
3:00 PM
4:00 PM
Breakfast, Coffee & Networking
4:00 PM
4:40 PM
Phoenix Office Boom

As Employees Flock to Phoenix, What do You Need to Know about Commercial Development?

4:40 PM
5:20 PM
Residential Race

How Is Phoenix Transitioning from Master Planned Communities to Infill Multifamily?

5:20 PM
6:00 PM
Mixed-Use Mania

Retail Trends & Creating A Successful Community Oriented Development

6:00 PM
6:30 PM
More Networking!