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2027 CEO Roundtable: Positioning for Next Real Estate Cycle

Where Top Executives Are Deploying Capital, Pursuing Growth & Making Their Biggest Bets in the Year Ahead

Jordan Lott

Jordan Lott

President, CEO

Lake Washington Partners

Bashar Wali

Bashar Wali

Founder & CEO

Practice Hospitality

Tim Shoultz

Tim Shoultz

CEO

SMARTCAP

Jordan Lott

President, CEO

Lake Washington Partners

Jordan Lott is President and CEO of Lake Washington Partners, a real estate development company he co-founded in 2006. The company was founded on the vision to build one of the US’s great real estate portfolios. In his role, Jordan oversees all aspects of the business including capital deployment, leasing and property management operations. Jordan takes a hands-on approach and fosters long-term relationships with LKWP’s staff, tenants, vendors, and the community at large. His passion for real estate was ignited by his grandfather, Manny Lott, a pioneer in Seattle’s real estate scene in the 1960s, ‘70s and ‘80s.

Jordan’s dedication to mentorship and advancing industry standards is evident through his active roles in the Commercial Real Estate Development Association, as a lifetime Research Foundation Governor for NAIOP, and as a Board Member of the Young Presidents’ Organization (YPO). His educational background in Real Estate Development from University of Southern California’s Marshall School of Business complements his practical experience, making him a versatile thought leader in the industry.

Bashar Wali

Founder & CEO

Practice Hospitality

“My People used to say, when a stranger appears at your door, feed him for three days before asking who he is, where he's come from, where he's headed. That way, he'll have strength enough to answer. Or, by then you'll be such good friends, you don't care.”

Bashar Wali is a founder, a father, and a hotel fanatic. He’s a pragmatist—hungry to experience life not as it is packaged and sold, but as it is. His vested interest in hospitality, culture, and design, is cut with curiosity of what’s possible, beyond the status quo.

Bashar is always looking for that spark—that perfect symmetry of an idea and its physical manifestation—to make human experiences as we know them, better. He’s the consummate Host of the Soirée—ever in pursuit of a shared humanity among friends, colleagues, and total strangers. This is perhaps his greatest gift: bringing together a group that’s more inspiring than the sum of its parts.

As founder and CEO of This Assembly and Practice Hospitality, Bashar draws upon expertise honed over a 30-year career in hospitality. An expert in the lifestyle space, Bashar is known for pushing limits in his philosopher-meets-hotelier kind of way. Whether helming the TEDx stage, hosting a Global YPO event, or collaborating on Clubhouse, Bashar’s message is unwavering: service is what you deliver, hospitality is how you make people feel.

Bashar has done every job in a hotel—from frying an egg to negotiating a deal—working for Starwood Hotels before leading acquisitions and development globally at Grand Heritage Hotels. Prior to launching This Assembly and Practice Hospitality, Bashar served as President/CEO of Provenance Hotels, where he remains a partner, for 15 years, growing the company from five to 15 hotels, 1,500 team members, and expanding the collection from the Pacific Northwest to an award-winning national brand, with annual revenue in excess of $150 million.

When Bashar isn’t traveling to 50+ countries and 45+ states, he’s home in Portland, Oregon with his wife and kids, dreaming up the hotels of tomorrow.

Tim Shoultz

CEO

SMARTCAP

Tim Shoultz, SMARTCAP’s Chief Executive Officer, focuses on SMARTCAP acquisitions and development,

where he applies rigorous standards in risk analysis. Tim founded SMARTCAP in 2014 after a successful

career in technology to focus on his passion for real estate. During his 15 years at Microsoft, Tim worked

in the Windows organization as a principal-level development manager. He ran an organization

responsible for large-scale data analytics and quickly realized he had a knack for leadership and building

a successful company culture. Tim bought his first building in 2010 and successfully launched his first

syndication in 2011 which led him on the path to starting SMARTCAP in 2014. Over the last 13 years, Tim

has completely over $650MM in transactions and deployed nearly $250MM in private equity. Tim has

also launched a successful commercial construction company with a focus on industrial, office, medical,

retail, and general commercial projects. Tim has a passion for his job, travel, skiing, and rock climbing.

Key Topics to Cover:

What You'll Learn:

  • Hear directly from Puget Sound's top real estate CEOs on their development and investment strategies for the year ahead, where challenges remain and how they are navigating today's market.

  • As interest rates and capital market fundamentals evolve, gain insights into how leading investors are deploying capital, approaching new opportunities and making projects pencil.

  • With Puget Sound office leasing reaching 3.8M SF in 2026, hear how the rebound in leasing and growing demand from AI and tech companies are impacting the housing, office and retail markets across the region.

  • As Downtown Seattle continues to add residents and development while navigating elevated office vacancy, hear how the urban core is evolving and what opportunities are emerging for development, investment and repositioning.

  • With major tech and AI companies expanding on the Eastside, get the inside scoop on how Seattle, Bellevue and surrounding markets are evolving differently and where industry leaders see the strongest potential for growth.

  • As multifamily and retail fundamentals strengthen and new development remains challenging, hear where owners and developers see opportunities for investment, acquisitions and the next wave of projects across the region.

How You'll Do More Business: Puget Sound commercial real estate enters 2027 with signs of improving fundamentals, shifting capital markets and new opportunities emerging across the region. Join the region's leading real estate CEOs to hear how they are navigating today's market, where they see opportunities for growth and what will shape the next cycle of investment and development.

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.

Agenda

Time Activity
8:00 AM
9:00 AM
Breakfast & Networking
9:00 AM
10:00 AM
2027 CEO Roundtable: Positioning for Next Real Estate Cycle

Where Top Executives Are Deploying Capital, Pursuing Growth & Making Their Biggest Bets in the Year Ahead

10:00 AM
11:00 AM
Closing Networking