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Condo Boom

Dilip Barot
Amrit Ocean Resort & Residences

Dilip Barot

Founder

Creative Choice Group

Joe McMillan
3550 South Ocean

Joe McMillan

Founder, Chairman & CEO

DDG

Marisela Cotilla
Alina Residences

Marisela Cotilla

Executive Director of Sales

Alina Residences

Charles Russo
Moderator

Charles Russo

Sr. Director, Asset Management Lead – East Region

Nuveen Real Estate

Dilip Barot

Amrit Ocean Resort & Residences

Creative Choice Group

Dilip Barot is an Indian-born, American social entrepreneur with interests in real estate and technology, including investment, development, and management. He is the founder of Creative Choice Group, a conglomerate of companies that are founded on doing well by doing good for the communities in which they invest. He blends lessons learned from Gandhi, Swami Vivekanand, Abraham Lincoln, Benjamin Franklin, and John Ruskin, and believes in “Capitalism with Heart” following Gandhi’s teaching of trusteeship.

His investments have been focused on uplifting the socio-economy of various communities by creating a better environment for jobs, education, housing and livability. Some of his investments have been in public-private partnerships where he has worked with city, state, and federal or central government in India, USA, and Jamaica. With his strong belief in doing well by doing good, he is well known for “going where no one else will go.”

Dilip Barot as well as his ventures have been featured in both national and international publications including Forbes Magazine, Reader’s Digest, Wall Street Journal, Times of India, Affordable Housing Finance, Tax Credit Advisors and Desh-Videsh. He and his ventures have also received numerous awards including 2014 Award of Excellence in Entrepreneurship from India-US Chamber of Commerce, 2014 PACE Technovation Award, 2014 / 2013 / 2012 PACE Corporate Citizen Award, 2011 Community Impact Award – Business of the Year, 2010 Employer Award of Excellence - Workforce Solutions of Texas, 2006 Best Five-Star Development– Florida, 2005 Business of the Year - Stewart Blood Center, and 2004 U.S. Corporate Stewardship Award from U.S. Chamber of Commerce.

Joe McMillan

3550 South Ocean

DDG

Joe McMillan is Chairman and Chief Executive Officer of DDG, an integrated

investment, development, design, construction and asset management firm focused on the

acquisition and development of real estate and underlying equity, debt or hybrid

securities.

Since founding the firm in 2009, DDG has become one of the most active developers in

Manhattan. Under McMillan’s tutelage the company has expanded its luxury real estate

portfolio to California and most recently Florida.

McMillan’s development portfolio of projects underway in prime locations in New York

City include 325 West Broadway in Soho, 12 Warren Street and 100 Franklin Street in

Tribeca, and his first tower at 180 East 88 th Street on the Upper East Side. The firm is also

developing its first residential development in Brooklyn at the former rental building The

Standish in Brooklyn Heights.

Other celebrated projects developed under his helm include 41 Bond in NoHo and the

price-record- breaking 345meatpacking in the Meatpacking District.

In San Francisco DDG is currently developing four architecturally adventurous

residential projects in the fashionable Hayes Valley neighborhood. McMillan also

recently spearheaded DDG’s acquisition of 532 West 20th Street in New York, and

Parcel T and 235 Valencia Street in San Francisco.

In addition to his developments in New York and California, McMillan led DDG through

its first foray into Florida with a new residential project in Palm Beach. Located at 3550

South Ocean Boulevard, the development will be the first new oceanfront luxury

condominium in the area in over a decade.

Prior to founding DDG McMillan was a senior member of the U.S. private equity

investment team at Och-Ziff Capital Management Group, an institutional alternative asset

management firm with over $45 billion of assets under management. He was also a

principal at Greenhill & Co., and a founding member of Greenhill Capital Partners

investment team managing $1.1 billion of equity capital.

A graduate of the University of Virginia, he holds a B.S. in Commerce, Concentration in

Finance. McMillan also served in the U.S. Army.

What's Next On The Development Frontier?

Taylor Collins
Forte, Elysee

Taylor Collins

Partner

Two Roads Development

Scott Sherman
The Shops at the Press

Scott Sherman

Founder and Principal

Torose Equities

Richard Gieseler

Richard Gieseler

Florida Regional President

M&T Bank

Niel Merin
Moderator

Niel Merin

Chairman

NAI

Scott Sherman

The Shops at the Press

Torose Equities

Scott Sherman is Founder and Principal of Miami-Based Torose Equities. He is responsible for the firm's strategic direction, sourcing investment opportunities, capital markets and operations. Torose is a real estate investment firm with several different verticals, including a value-add urban retail, office, and mixed-use strategy within the Southeastern United States.

Prior to launching Torose, Scott co-founded Tricera Capital where he led the charge on strategic direction, capital markets and sourcing investment opportunities. In this role, Scott built a portfolio in excess of $700M over five years and consistently delivered returns in excess of 20% IRR and a 2x multiple across realized investments. Scott maintains ownership and major decisions across the Tricera portfolio and continues to be a minority owner of Tricera Capital.

Previously, Scott was Vice President of Acquisitions at Thor Equities. He was responsible for acquisitions in the Southeast United States including Miami, Washington, DC, Nashville, Austin and Charleston. Additionally, he was a key member of Thor’s expansion into Montreal, London and France. At Thor, Scott completed in excess of $2 Billion of acquisitions focusing on urban retail and mixed-use assets. Prior to Thor, Scott was the Director of Acquisitions at Becker Brothers where he was responsible for sourcing and executing value-add strategies across the Northeast and Mid-Atlantic U.S. During his tenure at Becker Brothers, he managed a mix of asset types including retail, office and parking garages. Before Becker Brothers, Scott began his career at Ernst & Young in the Transaction Real Estate Advisory group where he also obtained his CPA license in the state of NY.

Scott is a native of South Florida and currently resides in Miami with his wife Laura, son Lucas, and daughter Lily. He received his MS and BS in Accounting from the University of Florida where he graduated Summa Cum Laude. Scott is a member of ICSC, and CIASF, in addition to several philanthropic organizations he dedicates time to in his community.

Richard Gieseler

Florida Regional President

M&T Bank

Rich oversees all M&T Bank activities in Florida leading a team of professionals that provide Commercial, Commercial Real Estate, Healthcare, and Not for Profit credit and banking services. Rich has held various regional and commercial bank leadership roles in his 12 years with the Bank. He holds an MBA from The Wharton School of Business and is a distinguished veteran of the United States Army serving as an officer and aviator following his graduation from West Point with a bachelor’s degree in Economics.

Niel Merin

Moderator

NAI

Mr. Merin is a commercial real estate expert with a broad background in all phases of commercial real estate work,

including investment sales, tenant representation, site acquisition, development consulting, corporate facilities, and

industrial facilities. Mr. Merin’s specialty within the commercial real estate field involves the sale and leasing of office and

retail facilities. Over the past 20 years, Mr. Merin has represented both owners and tenants in over 30,000,000 square feet

of property negotiations representing over $7 billion in real estate transactions. Mr. Merin is the founder and Chairman of

NAI Merin Hunter Codman, Inc., a property management company in West Palm Beach is currently responsible for

managing 5,000,000 square feet of office and retail space and, in addition, is the largest commercial real estate firm in

Palm Beach County.

Mr. Merin is a graduate of Deerfield Academy and Boston University’s School of Management. He was contributing editor

and developer of the Code of Ethics for the Society of Industrial and Office Realtors, has authored numerous articles on

commercial real estate and is the co-author of several professional books on tenant representation and commercial real

estate practices.

Summary

  1. What new projects like The Bristol, the most expensive condo built in Palm Beach County, are coming online?

  2. The Northeast is experiencing record-high numbers of resident outflows. Why are many financial firms choosing to relocate to Palm Beach County?

  3. Hunting for yield: what's hot, what's not and where are investors looking next?

  4. What is the market outlook for multifamily, office and hospitality sectors?

  5. What major trends like placemaking and mixed-use development can we expect?

1) What new projects like The Bristol, the most expensive condo built in Palm Beach County, are coming online? 

2) The Northeast is experiencing record-high numbers of resident outflows. Why are many financial firms choosing to relocate to Palm Beach County? 

3) Hunting for yield: what's hot, what's not and where are investors looking next? 

4) What major trends like placemaking and mixed-use development can we expect?

5) What is the market outlook for multifamily, office and hospitality sectors?

Venue

Hilton West Palm Beach
600 Okeechobee Blvd
West Palm Beach, FL 33401

Ballroom / Floor: Oceana C&D / Main Level


Valet Only, $15 per vehicle

Agenda

Time Activity
12:00 PM
1:00 PM
Coffee, Breakfast & Networking
1:00 PM
1:45 PM
Condo Boom
1:45 PM
2:30 PM
What's Next On the Development Frontier?
2:30 PM
3:00 PM
Post Event Schmooze

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