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Speakers and Panels

Transforming Vacant Offices: Strategies for Successful Conversions

Navigating Challenges, Building Codes, Design and Construction Strategies, Adaptive Reuse Programs, and Success Stories

Marc Babsin
Strategies for Successful Office-to-Residential Conversions

Marc Babsin

President

Emerald Fund

Lily Langlois
Insights into Regulatory Changes, Building Codes, and Financial Incentives

Lily Langlois

Principal Planner

City of San Francisco

Isis Spinola-Schwartz
785 Market St: Office-to-Residential Conversion

Isis Spinola-Schwartz

CSO

Forge Development Partners

Courtney Miller

Courtney Miller

Principal

Ecobuild Architects

Faraaz Mirza
What Types of Offices Are Feasible and Key Strategies

Faraaz Mirza

Principal

DLR Group

Timothy Reyff
Moderator

Timothy Reyff

Field Representative

NorCal Carpenters Union

Marc Babsin

Strategies for Successful Office-to-Residential Conversions

Emerald Fund

In addition to 15 years of experience in real estate development, Mr. Babsin is an attorney and CPA. Mr. Babsin holds a BS in Accountancy from the University of Illinois, a JD from Harvard Law School, and a Master in City Planning from the University of California at Berkeley.

Lily Langlois

Insights into Regulatory Changes, Building Codes, and Financial Incentives

City of San Francisco

Lily Langlois brings over 17 years of visionary leadership in public sector planning, where she has been the driving force behind some of San Francisco’s most transformative projects. From orchestrating large-scale development agreements to crafting innovative neighborhood strategies and area plans, Lily’s expertise has shaped the city's landscape. Lily holds a Master of Science in Urban Planning from Columbia University and a Bachelor of Arts in Economics from the University of California at Los Angeles.

Isis Spinola-Schwartz

785 Market St: Office-to-Residential Conversion

Forge Development Partners

Isis Spinola-Schwartz is a development executive with more than fifteen years

of experience in real estate development, land use planning, and project and

development management. Her experience includes the development of

commercial and residential projects, multi-family garden apartments,

university campus, and hotels. Her extensive Real Estate experience includes

operations and development management of more than sixty buildings in San

Francisco for Veritas Real Estate Investments, one of San Francisco’s largest

multi-family real estate development companies. More recently Isis worked

on conversions of existing housing stock into LIHTC residential units, adding

more than 600 dwelling units to the affordable housing stock in the San

Francisco Bay Area.

Isis specializes in the development of processes that ensure the seamless

implementation of real estate projects. Whether adding Additional Dwelling

Units to historic buildings in urban settings, or bringing together diverse

disciplines to implement complex urban infill residential and commercial

projects, Isis uses her extensive experience and business contacts to develop

and nurture great relationships that ensure seamless implementation from

design development to occupancy.

In addition to her experience in Real Estate, Isis is passionate about bringing

innovative and sustainable solutions to the urban environment. She worked

for the United Nations in the Sustainable Urban Planning offices in Vienna,

Austria and is a member of the Katerva Cities and Mobility Impact Panel,

(https://katerva.net/awards/award-categories/12-cities-and-mobility), which

helps evaluate and accelerate disruptive sustainable innovations from around

the world.

“I am excited about working for Forge Development Partners because the

company is developing state of the art solutions to today’s urban living. The

development of workforce housing that is sustainable and affordable is not

only critical, it should also become the norm in today’s world. I look forward to

working with this dynamic team and its partners to bring the projects currently

on the board and many others to San Francisco, San Diego and Los Angeles.

Courtney Miller

Principal

Ecobuild Architects

Courtney Miller is Principal of Ecobuild Architects, a residential/ commercial firm serving the Greater Bay Area providing unique solutions for residential/ multi-family, office, and retail environments with a special focus on high performance, nature-inspired design.

Faraaz Mirza

What Types of Offices Are Feasible and Key Strategies

DLR Group

Faraaz Mirza leads DLR Group’s San Francisco office. He has 25 years of experience working in the Bay Area with a large focus on multifamily housing. He is a recognized leader in the design of high density, urban infill projects. His award-winning projects capture and reflect the dynamism and culture of the Bay Area. His projects include Arterra in Mission Bay, Marlow and Rockwell on the Van Ness corridor, and Vida in the Mission District.

Timothy Reyff

Moderator

NorCal Carpenters Union

Tim is a Construction Professional with over 25+ years experience. In Tim's role with the Carpenters Union he works at Carpenters Local 22 in San Francisco. Tim also is a Job Tracker and Marketer in San Francisco.

Redefining the Classics: Adaptive Reuse Opportunities Across Asset Classes

Exploring Conversion Viability, Zoning, Financing, and Key Factors Behind Successful Conversions

Seth Lang
Hotel-to-Workforce Housing Conversion

Seth Lang

Partner and SVP of Development

Riaz Capital

Bora Ozturk
1912-Built Historical Building Converted into Housing

Bora Ozturk

Principal & General Partner

March Capital Management

Jack Sylvan
Industrial-to-Retail Adaptive Reuse

Jack Sylvan

Principal

SDG

Cecily Barclay
Moderator

Cecily Barclay

Partner

Perkins Coie

Seth Lang

Hotel-to-Workforce Housing Conversion

Riaz Capital

As SVP of Development and Partner at Riaz Capital, Seth oversees land acquisitions, construction, design, and entitlement. With over 9 years of experience in the real estate business, Seth leads with a people-first mindset and manages the many moving pieces so the organization can deliver on its vision of quality workforce housing at an affordable price. Prior to Riaz Capital, he earned his B.A. in Economics and then worked in public accounting at Deloitte and Touche LLC, where he focused primarily on commercial real estate and learned the business inside and out. Seth found the accounting world engaging but not particularly innovative. At Riaz Capital, he discovered he could be both commercial and innovative.

Bora Ozturk

1912-Built Historical Building Converted into Housing

March Capital Management

Mr. Ozturk is a highly experienced real estate investment executive with over 29 years of investment management, marketing and finance experience. He is the co-founder of March Capital Management and has been the Managing Principal since inception.

Since co-founding MCM, Mr. Ozturk has successfully raised four equity funds without using any third-party consultants. He has shepherded these dollars into successful strategies, which have consistently returned outstanding IRRs, even during economic downturns. In addition to raising capital, Mr. Ozturk’s key functions include high involvement in acquisition, due diligence, entitlement, permitting, architectural design and contract negotiations.

Prior to co-founding MCM, Mr. Ozturk began his career as a management consultant at Monitor Deloitte and as a brand manager at Unilever. He soon went on to manage 500+ employees in the private, retail and business banking channels at Wells Fargo.

Mr. Ozturk holds a Master of Business Administration from Yale School of Management and a Bachelor of Science in Industrial Engineering from METU. He was born and raised in Turkey and fluently speaks Turkish and French.

Jack Sylvan

Industrial-to-Retail Adaptive Reuse

SDG

Jack Sylvan is founder and principal of SDG, LLC, a San Francisco-based investment, development and advisory company delivering exceptional value to investors, partners and clients on complex and innovative mixed-use development opportunities. Jack has 25+ years of real estate investment and development experience on transformational, multi-phase, extremely complex mixed-use real estate projects in the San Francisco Bay Area leading acquisition, entitlement, negotiation of complex transactional and public-private partnership agreements and development activities. The projects represent more than 16 million square feet of mixed-use, commercial office, life science/biotech, multifamily, retail, historic rehabilitation, arts and community space, and hundreds of acres of parks, streets and infrastructure.

Prior to forming SDG, Jack served as Senior Vice President of Development for Forest City Realty Trust and Brookfield Properties where he built and led the local development team responsible for all aspects of entitlement and development of three of San Francisco’s largest redevelopment projects -- Pier 70, 5M and Stonestown Galleria -- representing 8 million square feet of residential and commercial space. Prior to this, Jack spent 8 years in the San Francisco Mayor’s Office overseeing large public-private real estate development projects including leading the planning and negotiation process for the approximately 8 million-square-foot Treasure Island redevelopment project, where he successfully negotiated agreements with the private development partner, an affordable housing consortium, and the historic agreement with the U.S. Navy for the transfer of the property. Early in his career, he spent time with CB Richard Ellis/Sedway Group providing real estate consulting and financial analysis to private and public clients.

Cecily Barclay

Moderator

Perkins Coie

Cecily T. Barclay is a partner with Perkins Coie LLP in San Francisco, where she represents landowners, developers, and public agencies on matters involving complex land use and entitlements, real estate acquisition and development, redevelopment, and local government law. Her work is increasing focused on adaptive reuse, as well as redevelopment and development of

mixed-use retail centers, hotels and resorts, life science campuses and residential communities. Ms. Barclay is the prior national chair of her firm’s Real Estate and Land Use Group and has authored California Land Use and Planning Law (Solano Press 39th ed.) for over 20 years. Ms. Barclay serves on the Publication Oversight Board for the ABA’s State and Local Government Law Section and is a graduate of the University of California, Berkeley and Harvard Law School.

What You'll Learn:

What You’ll Learn:

  • Discover some of the most noteworthy adaptive reuse projects underway in the Bay Area region.

  • San Francisco has adopted an office-to-housing adaptive reuse program to streamline the conversion of vacant office buildings. Learn how this program will affect and incentivize developers to pursue more conversion projects.

  • Determine whether an asset is worth converting or if it's better to tear it down and start anew.

    • Identify which specific asset classes, such as offices, hotels, mixed-use developments, or industrial, are being prioritized.

  • Gain insights into the step-by-step process of converting an underutilized office building into a residential product, understanding the intricacies involved in the conversion journey.

  • Explore the types of buildings that are most amenable to repositioning at a feasible price point and assess the complexities involved in converting them into new, functional spaces.

  • Understand the regulatory landscape affecting adaptive reuse projects in the Bay Area and discover how organizations adeptly navigate changes to ensure successful conversions.

  • Explore design trends that play a pivotal role in conversion projects, shaping the aesthetic and functional aspects of repositioned structures in the Bay Area.

Relevant Articles to Check Out:

How You’ll Do More Business: 

While the financial aspect of adaptive reuse projects remains a key challenge in 2024, the Bay Area’s record-breaking office vacancy rates have pushed owners and developers to start converting their properties, while numerous non-office adaptive reuse projects are taking place. Join us for an insightful event as our panelists unpack the essential checklist you need to go through before starting a conversion, as well as the unique challenges and opportunities the process poses.

Who You’ll Meet During Networking: 

Owners, developers, investors, brokers, city and government officials, business consultants, architects, engineers, lawyers, accountants, and bankers.

Why You Should Attend This Session: 

Bisnow events bring together the biggest power players in the industry to help you 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 we do.

For questions, recommendations, comments, or press inquiries please email our event producer, Bora Altunay, at bora.altunay@bisnow.com. To request disability-related accommodations, please contact thea.parkert@bisnow.com no later than seven business days prior to the event.

Venue

The Beacon Grand Union Square

450 Powell Street, San Francisco CA 94102


Ballroom: Grand Ballroom/ Powell A/B Prefunction


Valet parking is $12 for the first hour, $8 for the following hours or $72 for overnight

Get Directions

Agenda

Time Activity
3:00 PM
4:00 PM
Breakfast & Networking
4:00 PM
4:45 PM
Redefining the Classics: Adaptive Reuse Opportunities Across Asset Classes

Exploring Conversion Viability, Zoning, Financing, and Key Factors Behind Successful Conversions

4:45 PM
5:00 PM
Networking and Coffee Break
5:00 PM
5:45 PM
Transforming Vacant Offices: Strategies for Successful Conversions

Navigating Challenges, Building Codes, Design and Construction Strategies, Adaptive Reuse Programs, and Success Stories

5:45 PM
6:15 PM
Closing Networking

Sponsors

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