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Opportunity Zones Summit

Presented By CohnReznick & Develop

A Premium Half-Day Event Covering Local and National OZ Regulations, Issues and More!

Event Ended On: Wednesday June 26 2019

Registration Questions? **Please note we have pricing tiers based on ticket availability. Ticket prices will increase once we sell out of the current pricing tier. We cannot redeem a lower price once the ticket prices have been raised. **Bisnow is a cashless, checkless operation. Please only submit payment via credit card.

Presented By

Speakers

Opening Remarks

Ben Carson
Chairman of the White House Opportunity and Revitalization Council (Keynote)

Ben Carson

Secretary, Housing and Urban Development (HUD)

Special Interview with U.S. Senator Tim Scott

Tim Scott
Co-Founder of Opportunity Zone Initiative (Keynote)

Tim Scott

Senator, South Carolina, U.S. Senate

National Regulatory Environment

Daniel Kowalski
Counselor to U.S. Treasury Secretary Steven Mnuchin

Daniel Kowalski

Counselor to the Secretary, U.S. Department of the Treasury
Ben Hobbs

Ben Hobbs

Special Assistant to the President, White House Office of Domestic Policy
Ira Weinstein
Moderator

Ira Weinstein

Managing Principal, CohnReznick

Fund Formation & Raising Capital

Stephen Sharkey

Stephen Sharkey

Partner, DLA Piper
Jay Augustyn
Moderator

Jay Augustyn

Partner, Ice Miller

Doing Deals: Construction & Development

Ian Ross
$500M Opportunity Zone Fund

Ian Ross

Managing Principal, Somera Road
Stephanie Smith
Moderator

Stephanie Smith

Principal, SMS Global Advisors

Community Engagement

Andrew Lee

Andrew Lee

Head of Sustainable & Impact Investing, UBS Global Wealth Management
Jonathan Tower
$500M Opportunity Zone Fund

Jonathan Tower

Founder, Arctaris Impact Fund
Alfonso Costa Jr.

Alfonso Costa Jr.

Deputy Chief of Staff, Housing and Urban Development (HUD)

Agenda

Time Activity
7:30 AM
8:30 AM
Registration, Networking, & Breakfast
8:30 AM
8:50 AM
Opening Remarks: HUD Secretary Ben Carson
8:50 AM
9:35 AM
National Regulatory Environment
9:35 AM
9:50 AM
Networking Break
9:50 AM
10:35 AM
Fund Formation & Raising Capital
A local and national perspective
10:35 AM
11:20 AM
Doing Deals: Construction & Development
A local and national perspective
11:20 AM
12:05 PM
Community Engagement
A local and national perspective
12:05 PM
12:30 PM
Special Interview with U.S. Senator Tim Scott
12:30 PM
1:00 PM
More Networking!

Venue/Parking

Marriott Marquis Washington, DC
901 Massachusetts Ave NW
Washington DC 20001

Ballroom/Floor: Independence Ballroom located on the M4 Level

Parking Information: $35.00 valet only

Get Directions

Event Summary

Throughout the country, commercial real estate and political organizations alike have been producing Opportunity Zones events in order to better inform constituents, developers, and investors as to what these recently-introduced tax incentives mean for U.S. It seems these events can all blur into one — a narrative of the what, the why, and how to invest to reach the maximum benefit of these tax incentives. Once you’ve attended one conference, surely, you’ve seen it all — right? But Bisnow’s Opportunity Zone Summit, based in Washington D.C., has a different story to tell. Instead of focusing on just the myriad ways developers and investors can quickly get involved, this event will tell the story of the Opportunity Zone Fund’s founding, weaving its way to its effects on development, investment, and raising capital, as well as the importance of community impact, but locally and on a national scale.

This Opportunity Zones summit will explore the vision and goals that led to the program’s creation. Sen. Tim Scott, who co-authored the opportunity zone section of the 2017 Tax Cuts & Jobs Act, will be interviewed by Develop Founder Steve Glickman, who created the idea for the program in a 2015 white paper. Rarely have events for the commercial real estate community unpacked the positive impact these zones can have on underserved communities — and how developers should to prioritize connecting with local community leaders to emphasize how Opportunity Zones will help — not hurt — those living in these areas.

From HUD Secretary Ben Carson discussing the importance of Opportunity Zones for affordable housing, to executive representatives from UBS, Goldman Sachs, and more emphasizing the importance of community engagement,

Bisnow’s Opportunity Zones Summit

on June 26thwill not only focus on the professional importance of these zones, but the personal benefits these zones can, and will have on those living in them - in the near future, and in decades to come. In terms of fund formation and raising capital, EJF Capital CEO Manny Friedman and Normandy Realty Founder Jeff Groaning will discuss how they formed their funds and are raising capital. All the panelists combined on this event are raising over 2B for Opportunity Zones — a powerful number that shows the investment and interest Opportunity Zones have garnered across the country. Bisnow’s Opportunity Zones Summit will balance the national, and local, perspective —

from U.S. Department of the Treasury’s Counselor to the Secretary Daniel Kowalski; Deputy Assistant to President Trump Ja’Ron Smith; and Executive Director of the White House Opportunity and Revitalization Council Scott Turner discussing the regulatory environment on a national scale, to Hines Senior Managing Director Chuck Watters and Renaissance Equity Partners CEO Robert Jenkins focusing on local developments and funds. Watters, in particular, will be discussing one of the largest projects in DC

— the Walter Reed Project — that happens to exist within a designated Opportunity Zone. This blend of perspectives will help truly inform our audiences into both the large, and small, scale.

This isn’t your average Opportunity Zones event — the simple 101. This is a deep dive of just how these tax incentives can positively impact community, impact business, and impact development in years to come, on both a local and national level. We hope you will be able to attend.

1. What do the IRS regulations released in April mean for investors looking to put money in Opportunity Zones?

2. How can developers use Opportunity Zones to benefit communities in need, rather than amplifying fears of displacement?

3. As the deadline to maximize 2019's capital gains approaches, what are the next best steps for investors and developers alike?

4. How are professionals forming Qualified Opportunity Zone Funds and raising capital?

5. What Opportunity Zone deals have been made, locally and nationally, and how?

6. How will HUD Secretary Carson's preference point system impact affordable housing?

**Please note content on this event will run until 12:05PM**