Bisnow Multifamily Annual Conference 2018: Rocky Mountain Series

Agenda

Time Activity
1:30 PM -2:00 AM
Registration Opens | Breakfast and Networking

Rooftop

2:30 PM -3:10 PM
Speed Networking

Rooftop

3:10 PM -3:20 PM
Move from Rooftop to Ballroom
3:20 PM -3:30 PM
Welcome to BMAC 2018: Rocky Mountain Series!
3:30 PM -4:10 PM
New Developments & Neighborhoods

• Gregory Mutz, CEO, AMLI Residential
• Denise Gammon, Executive Managing Director, Holland Partner Group
• Scott Johnson, Division President, LMC
• Matthew Schildt, Rocky Mountain Regional Partner, The Dinerstein Companies
• Bobby Long, Principal & Design Director, KEPHART
Moderator: James Mansfield, Principal Managing Director, Pinnacle Real Estate Advisors

4:10 PM -4:50 PM
Affordable Housing

• Jill Brooks-Garnett, COO, Alden Torch Financial
• David Zucker, President, Zocalo Development
• Diana Reid, EVP, PNC Real Estate
• Haley Jordahl, Housing Development Officer, City & County of Denver
• Lee Patke, Executive Director, Greccio Housing
Moderator: Bradley Boodt, Partner, Holland & Hart

4:50 PM -5:15 PM
Coffee Break!
5:15 PM -5:20 PM
New Supply and Steep Concessions Suppress Downtown Rents—Upside Once Things Cool Off?

• David Pierce, Market Analyst, CoStar Group

5:20 PM -6:00 PM
Private Equity & Investments / Capital Markets

• David Kim, Co-Founder & Managing Partner, The Bascom Group
• Marti Page, Co-Founder & Principal, Anchor Investments
• Sam Isaacson, Managing Director, JCR Capital
• Charlie Williams, SVP, KeyBank
• Dan Levin, Regional Development Partner, Pensam Development
Moderator: Kelley Klobetanz, Chief Underwriter & Managing Director, Greystone

6:00 PM -7:30 PM
Lunch
7:30 PM -8:10 PM
New Construction, Development & Design

• Mark Johnson, VP, The Opus Group
• Ben Krasnow, VP, Multifamily Development, McWhinney
• Scé Pike, CEO & Founder, IOTAS
• Brian Wynne, Senior Managing Director, Mill Creek Residential Trust
• Dean A. Sparaco, Director, CR Architecture + Design
Moderator: Zach Smith, President, Bristlecone Construction

8:10 PM -8:50 PM
Condo Development: The Challenges & Necessities

• Susan Powers, President, Urban Ventures
• Jae Edwards, Principal & Co-Founder, Dublin Development
• Brian J. Levitt, President, NAVA Real Estate Development
• Peter Kudla, CEO, Metropolitan Homes
Moderator: Darren Hinton, Construction Executive & SVP, Milender White

8:50 PM -9:20 PM
Break! Networking & Schmooze
9:20 PM -10:00 PM
Executive Roundtable

• Matthew Joblon, CEO, BMC Investments
• Chad McWhinney, CEO & Co-Founder, McWhinney
• Darren Fisk, Founder & CEO, Forum Real Estate Group
• Doug Wells, CEO, Broe Real Estate Group
• Jon Buerge, Chief Development Officer & Partner, Urban Villages
Moderator: John Blackshire, VP, Transwestern

10:00 PM -11:00 PM
Post Party | Cocktail Hour & Hors D'Oeuvres

Rooftop

Speakers

Chris Frampton

Chris Frampton

CEO

East West Partners

Jarvie Worcester

Jarvie Worcester

Managing Director

Trammell Crow Residential

Scott Yeates

Scott Yeates

President

SW Development

Kelianne Crapo

Kelianne Crapo

EVP

Peak Capital Partners

Chris Frampton

CEO

East West Partners

Chris Frampton is CEO of East West Partners, whose projects include Union Station,

Riverfront Park, The Landmark and Buckley Row at Boulevard One. Chris is also president of the board of

the Civic Center Conservancy. He and his wife, Yvette, are lucky enough to have three awesome kids and

a glorious golden retriever.

Jarvie Worcester

Managing Director

Trammell Crow Residential

Jarvie Worcester joined Trammell Crow Residential in 2016 and serves as the Managing Director for the Mountain States division, overseeing the 2,300 units ($600 million of capitalization) the company has underway.

Prior to joining TCR, Jarvie was the Vice President of Development for Real Capital Solutions in Louisville, CO, where he oversaw a $350 million portfolio of multifamily, senior and student housing development investments. Prior to Real Capital Solutions, Jarvie spent 8 years with Vail Resorts Inc. in their resort and hospitality development groups as the Director of Development. While at Vail Resorts, Jarvie was involved in the development of $450 million of resort condo, hotel, retail and resort operations projects. Jarvie started his career with Intracorp San Diego, where he was a financial analyst and project manager for the Southern CA developer, involved in the development of 1,500 condo and apartment units during his time with the firm.

Scott Yeates

President

SW Development

As President of SW Development Group, Scott Yeates primarily focuses on the development of affordable housing in the Colorado market. Mr. Yeates’ strategy includes the repurposing of urban infill sites in an effort to preserve affordable housing in transitioning and established neighborhoods. Projects under development include the Foundry Apartments, a 70-unit affordable housing development in Englewood located at the former General Iron Works foundry; SloHi Flats, a 45-unit affordable housing development in the Denver Highlands neighborhood; and a mixed-income multifamily development in Steamboat Springs. SW Development Group has successfully facilitated the development of 376 units serving low income households and multiple market-rate multifamily projects totaling in excess of 500 units. Mr. Yeates serves on the Colorado Housing and Finance Authority’s Tax Advisory Group.

Kelianne Crapo

EVP

Peak Capital Partners

Kelianne Crapo is Senior Vice President of Property Operations at Peak Living, LLC. She was formerly an Asset Manager at Peak Capital Partners overseeing asset performance and management operations for the firm’s properties in Colorado, New Mexico and Oklahoma. Kelianne brings an extensive background in property management and on-site operations. She began her career in 2001 as a leasing agent for BRE in Orem, Utah, and quickly progressed to Regional Manager, responsible for on-site operations, extensive capital projects and property renovations. Throughout her career, she has worked on all types of multi-family properties – from wholly-owned to fee-managed assets, covering all property types and asset classes, including more than six years of experience managing both conventional and affordable HUD properties. She has been responsible for the successful leasing of multiple properties and been instrumental in successful transactions for owners resulting in positive returns on their investments. Kelianne has worked for numerous local and national property management companies including BRE, RK Properties, Millwood Management and Alliance Residential Company. Kelianne holds a bachelor’s degree in health sciences from Brigham Young University and is a former board member of the Utah Apartment Association where she continues to serve on committees.

New Developments & Neighborhoods

Gregory Mutz

Gregory Mutz

CEO

AMLI Residential

Denise Gammon

Denise Gammon

Executive Managing Director

Holland Partner Group

Scott Johnson

Scott Johnson

Division President

LMC

Matthew Schildt

Matthew Schildt

Rocky Mountain Regional Partner

The Dinerstein Companies

Bobby Long

Bobby Long

Principal, Director of Design

Kephart

James Mansfield
Moderator

James Mansfield

Principal Managing Director

Pinnacle Real Estate Advisors

Gregory Mutz

CEO

AMLI Residential

Mr. Mutz is the Chairman & CEO of AMLI Residential, which he co-founded in 1980. He received a B.A. from DePauw University in 1967 and a J.D. from the University of Michigan Law School in 1973. Mr. Mutz served as an infantry lieutenant in Vietnam (1968-69)

Denise Gammon

Executive Managing Director

Holland Partner Group

Denise Gammon is Executive Managing Director for Holland Partner

Group. She provides leadership and oversight for Denver and Portland

Development.

Denise is a senior development executive with nearly 30 years of

experience leading, managing and advising on a wide range of real

estate projects throughout the U.S. She possesses diverse experience,

with a national scope ranging from large scale, master-planned

communities, to mixed-use, urban infill communities.

Denise’s most notable project to date was direct management of the

transformation of Denver’s former Stapleton International Airport into one

of the nation’s most innovative and most successful mixed-use, master-

planned communities. This complex public-private partnership created a

new model for large-scale community development that is now studied

and emulated around the country.

Denise is a native of Denver, Colorado, and was graduated from the

University of Colorado Denver with a Bachelor of Science in Finance.

She is a member of Urban Land Institute.

Scott Johnson

Division President

LMC

Scott is currently the Division President of the Mountain States/Southwest for Lennar’s Multifamily Apartment Division where he has been responsible for sourcing over $900 million of development since late-2012 in Denver and Phoenix and building a team of over 40 development, construction and property management professionals. With over 15 years of experience in multifamily, Scott previously served as the Managing Director of Mill Creek Residential Trust, where he sourced the development of over $100 million and established a successful development, construction and asset management platform in the Mountain States. He also was the Managing Director of Trammell Crow Residential and, along with his team, was responsible for the sourcing and development of over $500 million in luxury multifamily communities. Scott is a graduate of the University of Virginia (BA) and the University of Colorado (MBA).

Matthew Schildt

Rocky Mountain Regional Partner

The Dinerstein Companies

The Dinerstein Companies (TDC) has hired Matthew Schildt as the Rocky Mountain Regional Partner based in Denver, CO. In his role, Schildt will source all new development and acquisition opportunities in Utah, Colorado, and Arizona and will work hand in hand with our California team. Matthew joins TDC after ten years with Trammell Crow Residential, most recently serving as the Managing Director for TCR in Denver. While at TCR, Matthew was successful in leading over $800 million in new developments in Colorado with notable projects in popular infill neighborhoods such as Uptown, West Highland, Sloan’s Lake, Cherry Creek and Boulder.

Bobby Long

Principal, Director of Design

Kephart

Bobby brings over three decades of expertise in architectural design, storytelling, project management, and community planning. Throughout his career, he has successfully undertaken numerous regional and national projects, with a strong emphasis on creating comfortable and welcoming homes. Bobby’s comprehensive experience encompasses all aspects of community development, ranging from initial land acquisition and zoning to the final stages of construction and occupancy requirements. He is well-versed in planning, real estate, engineering, and construction management. His primary focus lies in collaborating with clients and the community to develop residential and mixed-use projects that not only provide residents with a sense of “home,” but also contribute to the overall improvement and connectivity of the neighborhood. Most importantly, Bobby ensures that these projects are both functional and financially sustainable. His unwavering passion and dedication to creating impactful and attainable housing, align perfectly with KEPHART’s mission statement of “EVERYONE deserves a well-designed place to live, work, and play.”

James Mansfield

Moderator

Pinnacle Real Estate Advisors

James Mansfield is the Vice President and Managing Director of Pinnacle Real Estate Advisors. James is responsible for overseeing Pinnacle’s brokerage operations and driving Pinnacle’s strategic growth initiatives, recruiting talent and continuing to build an industry leading presence in Denver.

Prior to joining Pinnacle, James was the Senior Managing Director at Cushman and Wakefield of Colorado in a similar position overseeing the brokerage, property management and appraisal operations in Colorado. In addition to managing brokerage operations, James is a seasoned commercial real estate executive with more than thirty years of leasing, development and real estate sales experience, with national firms including Brookfield Properties, Opus Development and Grubb & Ellis.

A native of Colorado and graduate of the University of Colorado, Boulder, James is current President of NAIOP of Colorado, and supports the University of Colorado Real Estate Center and the Denver Metro Commercial Association of Brokers.

Affordable Housing

David Zucker

David Zucker

Principal & CEO

Zocalo Development

Diana Reid

Diana Reid

EVP

PNC Real Estate

Jill Brooks-Garnett

Jill Brooks-Garnett

COO

Alden Torch Financial

Lee Patke

Lee Patke

Executive Director

Greccio Housing

Haley Jordahl

Haley Jordahl

Housing Development Officer

Denver Office of Economic Development

Bradley Boodt
Moderator

Bradley Boodt

Partner

Holland & Hart

David Zucker

Principal & CEO

Zocalo Development

David co-founded Zocalo spurred by a commitment to development that balanced investment returns,

community impact and environmental respect.

David focused on downtown development as soon as he arrived in Denver in 1990.  David’s first project was

the Lofts over the Wynkoop Brewery. Since the Wynkoop, David established the vision for historic

conversions such as the Downtown Denver and Downtown San Diego Courtyards by Marriott, which utilized

the Historic Investment Tax Credit. In Denver, David was one of the first developers to work through,

develop and sell deed-restricted, for-sale units at Silver State Lofts, a program that codified in the

Inclusionary Housing Ordinance.

Since formation, Zocalo has quickly become among the best respected development

companies in Colorado, recognized for thoughtful, innovative, well-timed and skillfully-executed projects.  As

a LEED-Accredited Professional, David oversees all aspects of project development and management to

ensure they meet project specifications, budgets and timelines.  As recognition, David received the Denver

Business Journal's Developer of the Year award for 2012.

David received his MBA from the Wharton School of the University of Pennsylvania in Philadelphia. He is

interim board chair of the State Housing Board and was chairman of the board of directors of community

jazz station KUVO and co-chair of the Downtown Denver Partnership's Housing Council.  David co-founded

the University of Denver's Affordable Housing Conference and co-chaired the Conference's first five years.

David has an appointment to Mayor Hancock's Task Force on Affordable Housing.  He received the

Affordable Housing Leader of the Year Award for 2006 from the Denver chapter of the Enterprise

Foundation.

Diana Reid

EVP

PNC Real Estate

Diana Reid is executive of the bank’s commercial real estate business, PNC Real Estate,

and delivers lending and banking products for REITs, funds and commercial real estate

companies; financing and tax credit capital for apartment owners and developers; as well

as commercial loan servicing, asset management and technology solutions for

commercial lenders and investors.  Reid oversees 1,000+ employees in 35 cities serving

commercial real estate companies nationwide.

Reid has been involved in the banking industry for over thirty years including 20 years at

the investment bank Credit Suisse and five years as Founding Partner of Beekman

Advisors.  Reid has been an active voice on industry issues throughout her career,

serving as a founding member of the Mortgage Bankers Association commercial /

multifamily board of governors and a founding governor of the Commercial Real Estate

Finance Council.  Currently, Reid is trustee of Urban Land Institute, serves as advisor to

the ULI Pittsburgh District Council, and was elected ULI Governor in 2015. Reid is a

member of the Real Estate Roundtable, and vice-chair of its Capital Markets Committee.

In 2013, Reid was elected to membership of The Committee of 200 (C200), a global

organization of women entrepreneurs and corporate executives and currently serves on

its foundation board of directors. Reid is a member of the board of trustees of the

Pittsburgh Opera, and serves as Chair of its Audit Committee.

Jill Brooks-Garnett

COO

Alden Torch Financial

Ms. Brooks-Garnett has specialized in affordable housing for over 15 years with a broad focus ranging from underwriting and securitizing debt financing to managing LIHTC fund partnership operations. Since joining the company in 2011, Ms. Brooks-Garnett established several departments within the Affordable Housing Asset Management platform; including Funds Management, Fund Accounting, Investor Reporting, and the Capital Transactions Group. She is currently responsible for oversight of these divisions as well as acting as a voting member of the LIHTC Credit Committee. Prior to joining the company, Ms. Brooks-Garnett was Managing Director and Vice President with SunAmerica Affordable Housing Partners, Inc. (SAAHP). While at SunAmerica, she specialized in underwriting, securitizing, and managing LIHTC-related tax-exempt bonds as well as conventional debt instruments. Ms. Brooks-Garnett was a Presidential Scholar and graduated magna cum laude from the University of Southern California's Marshall School of Business. She received a BS degree with a focus in Global Management and completed the Marshall School's Honors Curriculum. She is based in Denver, Colorado.

Haley Jordahl

Housing Development Officer

Denver Office of Economic Development

Haley Jordahl is a Housing Development Officer with the Denver Office of Economic Development,

where she works to invest the City’s Dedicated Affordable Housing Fund toward the creation and

preservation of affordable housing in Denver. Prior to joining the Office of Economic Development,

Haley worked in the Public Finance Department with Citigroup, where she underwrote municipal bond

issuances for cities and states in Midwest and Southeast. Haley also served as a Fellow in the Mayor’s

Office of the City of Chicago, where she focused on affordable housing policy, and oversaw the Clinton

Global Initiative’s Working Group on domestic infrastructure financing. She earned her Bachelor’s

degree in Economics and International Development from Brown University, and holds a Master’s in City

Planning from Massachusetts Institute of Technology.

Bradley Boodt

Moderator

Holland & Hart

Bradley Boodt serves as counsel to real estate developers and lenders throughout Colorado, Nevada and New Mexico. In his nearly twenty-five years of practice, he has advised clients in connection with the development and operation of some of the most prominent real estate projects in the Mountain West. He devotes a significant portion of his practice to the construction and financing of large commercial developments, including multi-family, mixed-use, large master planned community, shopping mall, stadium and office developments. He also regularly guides clients through the complex financing and real estate issues associated with the development of wind, solar, transportation and infrastructure projects, from acquisition and due diligence through financing. He takes particular pride in crafting creative solutions for his regional and national development and lending clients, who have sought his counsel in navigating complex transactions to profitable completion. Bradley is a partner with Holland & Hart LLP and works out of the firm’s Denver office.

Private Equity & Investments / Capital Markets

David Kim

David Kim

Co-Founder & Managing Partner

The Bascom Group

Marti Page

Marti Page

Co-Founder & Principal

Anchor Investments

Sam Isaacson

Sam Isaacson

Managing Director

JCR Capital

Charlie Williams

Charlie Williams

SVP

KeyBank

Dan Levin

Dan Levin

Regional Development Partner

Pensam Capital

Kelley Klobetanz
Moderator

Kelley Klobetanz

Managing Director

Greystone

David Kim

Co-Founder & Managing Partner

The Bascom Group

David S. Kim is a co-founder and Managing Partner of The Bascom Group, LLC. Bascom has completed over $15 billion in multi-family and commercial value-added transactions since 1996 including 600 multifamily transactions and 160,000 units. Bascom has ranked among the top 50 multifamily owners in the U.S. Bascom’s subsidiaries and joint ventures include the Southern California Industrial Fund, Rushmore Properties, Bascom Portfolio Advisors, Shubin Nadal Associates, Spirit Bascom Ventures, REDA Bascom Ventures, MHF RM Holdings, Bascom Northwest Ventures, Bascom Arizona Ventures, Harbor Associates, Village Partner Ventures, and the Realm Group. Bascom’s subsidiaries also include Premier Business Centers, the largest privately held executive suite company in the U.S.

Prior to founding Bascom, Mr. Kim served as a Senior Analyst and Development Associate, from 1989 to 1995, for the Disney Development Company, a wholly owned subsidiary of The Walt Disney Company, where he was responsible for business development and analysis of more than $400 million in retail, office, entertainment, and residential projects. Prior to joining the Disney Development Company, Mr. Kim served as Portfolio Associate with the State of Wisconsin Investment Board.

Mr. Kim holds Bachelor of Business Administration degree in Real Estate & Urban Land Economics and in Marketing from the University of Wisconsin-Madison, and has attended executive level programs at the Massachusetts Institute of Technology. He often serves as guest lecturer at the University of Wisconsin-Madison, University of Colorado, University of Southern California, University of California Los Angeles and Irvine.

Mr. Kim currently serves and has served on the Board of Directors for the “I Have A Dream” Foundation of Los Angeles, Theta Chi PSI Chapter Foundation, The U.S Fund for UNICEF Southern California, University of California, Irvine Center for Real Estate, University of Colorado Center for Real Estate, University of Texas, San Antonio Real Estate Finance and Development Founders Council, University of Wisconsin Real Estate Alumni Association, Urban Land Institute (ULI), Young Presidents’ Organization – Golden West Chapter, and The Pedro Pallares Autism and Behavioral Health Foundation.

Mr. Kim was a recipient of the Real Estate Conference Group’s Apartment Executive of the Year in 2004, Orange County Business Journal’s Entrepreneurship of the Year Award in 2010, and was recognized in the 2011 Multi-Family Executive Magazine. In 2016, Mr. Kim was awarded with the prestigious Entrepreneur of the Year Award by Ernst & Young.

Marti Page

Co-Founder & Principal

Anchor Investments

Marti Page is a the co-founder and principal of Anchor Investments, a boutique investment firm focused on the opportunistic acquisition of apartment communities between 15-150 units in the Denver metro, Colorado Springs, and Colorado’s mountain communities. Before founding Anchor Investments, Marti worked for Canyon Partners, a Los Angeles-based hedge fund with approximately $20 billion in assets under management. During Marti’s 15-year tenure at Canyon, she oversaw acquisitions activity for the firm’s real estate debt and equity vehicles, originating over $2 billion in transactions across all asset classes (hospitality, office, retail, industrial, condominiums, and apartments). While at Canyon, Marti established the Canyon Multifamily Impact Fund, a workforce housing platform committed to acquiring market-rate apartment communities where Canyon could achieve attractive returns while implementing measurable social impact through educational and health care programming and through enhancements to the security and energy efficiency of the communities. Marti is a graduate of Yale University.

Sam Isaacson

Managing Director

JCR Capital

Sam Isaacson is a Managing Director at JCR Capital serving as the head of its Structured Finance Platform, which is investing out of a $307MM value-add fund and a $330MM opportunistic fund. Prior to joining JCR Capital, Mr. Isaacson was a Senior Vice President of Acquisitions at LEM Capital, an institutional value-add multifamily investor in Philadelphia. In this role, he was responsible for the underwriting and due diligence of potential investments. Prior to joining LEM, Mr. Isaacson was an Associate at Wells Fargo Securities in their Investment Banking – Financial Institutions Group where he focused on capital markets and M&A transactions involving REITS and specialty finance companies. Mr. Isaacson received a Masters of Business Administration from the Wharton School at the University of Pennsylvania and holds a Bachelor of Arts from the University of Minnesota and a Juris Doctor from the William Mitchell College of Law.

Charlie Williams

SVP

KeyBank

Mr. Williams is a Senior Vice President with KeyBank Real Estate Capital Markets in Denver, Colorado. He currently heads the multifamily loan production team for the Central (Texas/Rocky Mountain) and Southeast Regions for KeyBank. He manages a team which is responsible for all multifamily loan production in this region, with an emphasis on agency lending (Fannie Mae, Freddie Mac, and FHA), as well as life company placement and CMBS. Mr. Williams has 15 years of diversified real estate banking experience, with over 8 years of experience at KeyBank. Prior to his current assignment, he was responsible all permanent multifamily loan production for KeyBank’s Rocky Mountain based clients. Mr. Williams began his career with KeyBank as a balance sheet banker based at the firm’s Cleveland, Ohio headquarters. Prior to joining KeyBank, Mr. Williams was with Realty Funding Group L.L.C., a Denver based real estate acquisition and investment banking company. He was also with Studley, Inc., a commercial real estate firm in New York and Denver where he worked with the Capital Markets Group. He was responsible for the negotiation and restructuring of over a million square feet of office space. Mr. Williams began his career in the early 1990’s as an Investment Banker, first with JP Morgan Chase and then Salomon Smith Barney in the San Francisco Bay Area. Mr. Williams studied Business Management at the University of Maryland and Real Estate Finance at New York University’s Stern School of Business.

Dan Levin

Regional Development Partner

Pensam Capital

Dan Levin serves as the Regional Development Partner for Pensam Development. Prior to joining

Pensam he was the Managing Director of a private equity company for eight years and oversaw the

acquisition and asset management of a $700 million, 5,000-unit portfolio in Colorado and Arizona. Dan

served as the President of Koelbel Property Management for four years where his responsibilities

included the management of a $500 million portfolio of over 3,200 units. Prior to his work at Koelbel Dan

served as Vice President of The Feld Company for 16 years. The company developed and managed

over 4,200 units in the Denver Metro area including the prestigious Palomino Park Resort and The

Breakers Resort.

Dan is a former member of the Executive Committees of The Colorado Apartment Association and the

Apartment Association of Metro Denver. Dan received an MBA and a Law degree from the University of

Denver.

Kelley Klobetanz

Moderator

Greystone

elley Klobetanz is a Managing Director responsible for structuring debt and equity transactions for commercial real estate throughout the United States; transactions include new construction, substantial rehabilitation, refinance or acquisition of multifamily apartments and age-restricted housing, as well as healthcare facilities. Kelly is based in Denver, CO.

After serving as FHA Chief Underwriter for Greystone, at the start of 2020, Kelley shifted to client-focused debt solutions. Her experience gives her unique insight into successfully navigating the underwriting process for clients. Over the past three years, Kelly has reviewed and underwrote roughly $4 billion in

construction and affordable loans as a Chief Underwriter for Greystone. As a debt originator, Kelley has engaged over $100,000,000 in just her first year of originations.

Before joining Greystone, Kelley was a Senior Vice President and FHA Deputy Chief Underwriter for Prudential Huntoon Paige Associates, LLC. Prior to joining Prudential, Kelley performed market analysis and worked as a project manager for a private developer. Kelley was awarded her LEAN approval in 2013.

In addition to her private sector work, she worked for the City of Arvada's Economic and Development Department and the Urban Renewal Authority while obtaining her Master's.

New Construction, Development & Design

Brian Wynne

Brian Wynne

President & Co-Founder

Wynne Yasmer

Mark Johnson

Mark Johnson

VP

The Opus Group

Ben Krasnow

Ben Krasnow

Managing Director

Crescent Communities

Scé Pike

Scé Pike

CEO & Founder

IOTAS

Dean Sparaco

Dean Sparaco

Director

CR architecture + design

Zach Smith
Moderator

Zach Smith

CEO and Co-founder

Bristlecone Construction

Brian Wynne

President & Co-Founder

Wynne Yasmer

Brian P. Wynne serves as a President and co-Founder of Wynne Yasmer Real Estate. Wynne Yasmer was formed in 2019 and is a Denver-based real estate company with focus on multi-family and mixed-use development and acquisitions. Until June 2019, Mr. Wynne was Senior Managing Director for Mill Creek Residential Trust. He oversaw all activities in the Mountain States division of the company as well as the office as a whole. Prior to joining Mill Creek, Mr. Wynne served as Vice President of Simpson Housing LLLP, responsible for all development activities in Colorado, California, and Arizona. In this positions, he sourced and executed the development of over 2,000 apartment homes worth over $600mm in capitalization.

Mr. Wynne previously held development positions with Forest City Enterprises, covering mixed-use development activities in Denver, Los Angeles, Las Vegas, and Arizona. In this capacity, he oversaw over a million SF of commercial and residential development including high-rise office and residential as well as luxury retail.

Prior to starting his career in real estate, Mr. Wynne worked at Deloitte Consulting in New York City. He is an alumnus of Leadership Denver 2015 and is actively engaged in the Denver Metro Chamber Leadership Foundation. He sits on the Colorado ULI Multi-Housing Product Council. He holds a Master of Business Administration with a focus on finance and real estate from The Anderson School at University of California Los Angeles (UCLA) and a Bachelor of Science from the University of Virginia. Mr. Wynne lives in Denver with his wife and three children.

Mark Johnson

VP

The Opus Group

DENVER (Aug. 4, 2015) – The Opus Group (Opus) announced today that Mark B. Johnson has joined

Opus Development Company, L.L.C. as senior director, real estate development in the Denver office

effective Aug. 3, 2015.

In his new role, Johnson will pursue new office, industrial, multifamily, and retail projects throughout the

surrounding Denver market.

“We’re thrilled to welcome Mark to the Opus team as we continue to grow our reach in the Denver

market,” said Peter Coakley, senior vice president and general manager, Opus Development Company,

L.L.C. “His impressive real estate development background, including market analysis, site selection,

negotiation, entitlements and project management from a national perspective, will bring added depth to

our development team.”

With more than two decades of real estate development and end user experience, Johnson brings a

breadth of knowledge to Opus. Most recently, he was director, real estate services at Xcel Energy, where

he worked with Opus on the new Xcel Energy headquarters in downtown Minneapolis and Amarillo,

Texas. Johnson also held principal roles at J.R.E.A, LLC; JMW Development, L.L.C.; Wallace

Enterprises, Inc.; and Dayton Hudson Corporation, Target Stores Division, completing more than 7

million square feet of new buildings across 22 states. He has also managed significant portfolios of real

estate for Xcel Energy and Target Corporation.

“I’m looking forward to joining the Opus team and leveraging my experience to expand the already-

impressive company portfolio,” said Johnson. “It’s been a pleasure working with Opus on the Xcel

Energy projects in Minneapolis and Amarillo and I’m excited to support the team’s efforts to grow the

Denver market.”

Johnson graduated from the University of Wisconsin-Madison with a Bachelor of Science in Landscape

Architecture and became a registered landscape architect in the state of Minnesota. He earned his Master

of Business Administration from the University of Minnesota’s Carlson School of Business. In addition,

he recently obtained the Master of Corporate Real Estate (MCR) designation as an active member of

CoreNet. He maintains a real estate broker’s license, and has completed certificate coursework in

commercial real estate financing in investment analysis and feasibility at the University of Wisconsin.

Ben Krasnow

Managing Director

Crescent Communities

Ben Krasnow is the managing director for the southwest region of the Crescent Communities multifamily business. Most recently, Ben served as the vice president of Multifamily Development for McWhinney, a Denver-based Real Estate Development company. In this role, he managed the development of over 2,000 apartment homes in the Denver-area, as well as Austin, Portland, and Omaha. With 15 years of progressively complex experience in the multifamily real estate industry including the Bozzuto Group in Washington DC, Krasnow brings a wealth of knowledge to his new role at Crescent. Krasnow holds a master’s degree in real estate development from the University of Maryland.

Scé Pike

CEO & Founder

IOTAS

Scé started her career in the 90s in Silicon Valley, designing and developing the 1st ecommerce sites for GM, HP, Blue Cross and others. Later she helped to pioneer smart phones at Palm. In 2007, Scé started her own company, Citizen, the 7th fastest growing company in Oregon which focuses on Internet of Things (IoT) products such as connected cars and connected health. While developing IoT products for these industries, she realized that there was a lack of enterprise-level Smart Apartment solution designed specifically for the Multi-Family-Home Industry. In 2014, she founded IOTAS, a smart apartment hardware and software technology company to help the MFH industry increase revenue, save costs, gather insights & monetize data from their portfolios. IOTAS has been recognized by Fortune, Wired, Gigaom, ABC, NBC, Chicago Tribune and more as the new way of automating apartments to attract tenants. Scé has spoken at Health 2.0, TechFest NW, WebVisions, NAA, and BISNOW on the impact of Internet of Things.

Dean Sparaco

Director

CR architecture + design

Dean leads the multi-family, government and senior living design practices for CR architecture +

design, a national architecture, interior design and engineering firm. Throughout his 24-year

career, he’s built a portfolio of work that encompasses multi-family, senior living, commercial,

custom residential, new urbanism, town planning and urban design projects. As Director, he

applies a passion for sustainable design and architecture in the Rocky Mountains to grow CR’s

local capabilities and reinforces the firm’s dedication to diversified growth through his varied

skillset and deep knowledge of CR’s market segments. Dean works closely with clients to

develop new and exciting developments that create a sense of community. His appreciation for

the one-of-a-kind lifestyle Colorado provides drives him to craft forward-thinking and functional

designs that seamlessly weave into the existing landscape while also adding great value to it.

Zach Smith

Moderator

Bristlecone Construction

Zach is the CEO and co-founder Bristlecone Construction and is responsible for both the strategic direction of the business and client relationships. He has been working in the commercial construction industry for over 20 years and has continually executed on some of the most complicated projects in Colorado. Zach led Bristlecone from an upstart company to over $100m in annual revenue covering both general contracting services and multiple self-perform divisions.

Condo Development: The Challenges & Necessities

Susan Powers

Susan Powers

President

Urban Ventures

Peter Kudla

Peter Kudla

CEO

Metropolitan Homes

Brian J. Levitt

Brian J. Levitt

President

NAVA Real Estate Development

Jae Edwards

Jae Edwards

Principal & Co-Founder

Dublin Development

Darren Hinton
Moderator

Darren Hinton

Construction Executive & Senior Vice President

Milender White

Susan Powers

President

Urban Ventures

Susan Powers is President of Urban Ventures, LLC, a Denver real estate development company that has

built multiple mixed income and mixed-use projects in and around downtown Denver over the past 24

years. The focus is to build communities which provide opportunities for residents and commercial

tenants to live and work in a healthy environment. Urban Ventures has led the redevelopment of a 17

acre former convent in northwest Denver into a model mixed income, neighborhood called Aria Denver

that will include 540 residential units and commercial space. She is also leading STEAM On The Platte, an

adaptive reuse of a former industrial property on the Platte River south of Mile High Stadium. It includes

the renovation of a 100 year old warehouse into office space for creative businesses and a separate

building that was renovated for the city’s first Latino owned and operated craft brewery, Raices

Brewing. Urban Ventures is currently involved in various roles with 4 affordable housing developments

in Colorado. Prior to creating Urban Ventures, she was Executive Director of DURA (Denver Urban

Renewal Authority) for 11 years (late 80’s and 90’s) and participated in the redevelopment of downtown

Denver. She is a member of the board of directors of the Elevation Community Land Trust and Denver

Health Foundation and participates in many community initiatives regarding equity and affordable

housing.

Brian J. Levitt

President

NAVA Real Estate Development

Brian J. Levitt is a commercial real estate developer who has managed the

development of $1B of retail, multi‐family, office and mixed‐use space, including

the 1st LEED Certified Mall in the United States, Northfield Stapleton, when he

worked for Forest City.

Brian is currently Co‐founder and President of NAVA Real Estate Development.

NAVA was founded by Trevor Hines and Brian Levitt and is based in downtown

Denver. Each project is designed and constructed to achieve

LEED or WELL Certification. One‐percent of NAVA’s profits will go to a socially

responsible cause of choice.

Jae Edwards

Principal & Co-Founder

Dublin Development

Jae is a passionate entrepreneur and real estate professional with over 15 years of experience in the industry. Jae co-founded Dublin Development, LLC which focuses on residential multi-family, single-family residential, and mixed-use development on the Front Range of Colorado. In addition to his pursuits at Dublin, Jae was also one of the founders of Providence Medical Holdings, which focused on medical, commercial, and senior-living development. Jae’s role at Dublin is to lead the strategic charge and vision of the company's growth and direction. In the past two years Dublin has moved heavily into the condo development space, as Denver has an undersupply of attainable attached for-sale housing. Currently, Dublin has two condo projects under construction consisting of 110 units, with two additional larger projects in the pipeline. Jae also has a passion for serving philanthropic causes, specifically around struggling single mothers and underserved youth. He serves on the advisory board of the Porter-Billups Leadership Academy based out of Regis University, which provides academic and leadership training to at-risk youth in the Denver area; and also serves on the board of Momentum Global, which provides, food, water, education and hope to impoverished areas in India and Africa. Jae graduated from Metropolitan State University with a B.S. degree in Finance and currently lives in the Denver area with his wife and three children.

Executive Roundtable

Chad McWhinney

Chad McWhinney

CEO & Co-Founder

McWhinney

Matthew Joblon

Matthew Joblon

CEO

BMC Investments

Doug Wells

Doug Wells

CEO

Broe Real Estate

Darren Fisk

Darren Fisk

Founder & CEO

Forum Real Estate Group

Jon Buerge

Jon Buerge

President & Partner

Urban Villages

John Blackshire
Moderator

John Blackshire

Vice President

Transwestern

Chad McWhinney

CEO & Co-Founder

McWhinney

Chad McWhinney has been a visionary leader in the real estate industry for

more than 25 years. As Chief Executive Officer and Co-Founder, Chad is

responsible for establishing the company’s purpose of creating great places

for people and its promise of providing fabled experiences to its customers.

Since 1991, McWHINNEY has developed and planned over 6,000 acres of

land, and developed more than 10 million square feet of office, industrial,

medical, retail, hospitality and residential properties, including more than

2,500 units of multifamily apartments. McWHINNEY currently has over $2.5B

of assets under management.

McWHINNEY is a fully integrated, diversified, real estate company that

creates and owns, for the long-term, large-scale, multi-use projects, and

develops, owns, and manages income-producing properties primarily for its

own account. The company is evergreen, prospering in all phases of the real

estate cycle and developing “win-win” business strategies.

Chad has been named 9NEWS Leader of the Year by Colorado’s KUSA-

TV, Bravo! Entrepreneur of the Year by Northern Colorado Business Report,

Rising Business Star by Fort Collins’ Coloradoan and NAIOP Developer/

Owner of the Year. McWHINNEY and the Denver Union Station Alliance were

honored with the prestigious 2015 Urban Land Institute Global Award for

Excellence, and Chad also received a commendation from the Colorado

House of Representatives for his work on Denver Union Station. He is a past

chair of the Teach for America Regional Board of Directors, and previously

served as a member of the Board of Directors for Downtown Denver, Inc., the

Colorado State University System Board of Governors, the Board of Directors

for the Poudre Valley Health System Foundation, National Association of

Industrial & Office Properties (NAIOP) Colorado Chapter, Northern Colorado

Economic Development Corporation, Centennial Bank of the West, Guaranty

Bank & Trust Company, was a member of the Urban Land Institute and

Colorado Forum, and the Denver International Airport Management Advisory

Council. Chad’s personal mission is “to create a better world”.

Matthew Joblon

CEO

BMC Investments

Matt Joblon is a founding partner and serves as Chief Executive Officer for BMC Investments. Since

2010, BMC has acquired and managed over 8,000 multifamily units in metro Denver comprising an asset

value just over $1 billion. Also in that time span BMC has developed or is in the process of developing

over $500 million in projects, all in Cherry Creek. Some of the projects include market leaders such as

the Steele Creek luxury apartment project and the new Halcyon Hotel. Through those projects, BMC has

been instrumental in bringing world class retail and restaurant concepts to Cherry Creek including

Matsuhisa, Quality Italian, Le Bilboquet, Soul Cycle, CB2 and Departure. BMC currently has over 200

employees and is growing at a fast pace. Lastly, BMC has another $500 million in development projects

in the pipeline in Cherry Creek, Boulder and the Fitzsimmons Medical Campus, and is in the process of

sourcing thousands of multifamily units outside of Denver. Mr. Joblon received a B.B.A. in

Entrepreneurship and Real Estate Finance from Babson College and is on the Board of the Blue Sky Fund.

Doug Wells

CEO

Broe Real Estate

WITH BROE REAL ESTATE SINCE 2015

Mr. Wells leads all operational, investment, and capital market activities for Broe Real Estate Group and its affiliates. Mr. Wells also leads the Management Committee, which provides strategic direction for the company.

Wells was previously Chief Investment Officer of Shelter Canadian Properties Limited, a real estate investment management company. Before that, he spent 15 years with Lazard Real Estate Partners, most recently as Managing Principal with investment management responsibility for five real estate opportunity funds, which at its peak totaled more than $3 billion of committed partner capital invested in the hospitality, office, industrial, retail, senior living and structured finance sectors. As part of his role at Lazard, Wells also served as President of InTown Suites, Inc., an Atlanta-based extended-stay hotel company with 127 locations. He was previously with The Mutual Life Insurance Company of New York/ARES Realty Capital, and started his real estate career with Shelter Corporation of Canada Limited.

Mr. Wells received his B.A. from Trent University in Peterborough, Ontario, and his M.B.A. from the University of Denver.

Darren Fisk

Founder & CEO

Forum Real Estate Group

Darren founded Forum in 2007 with a singular vision: Bring together the best people in real estate to create one-of-kind communities and experiences for residents, employees and investor partners. As CEO, Darren oversees the firm’s day-to-day operations, strategy and investor relations. He inspires his team to exceed expectations, push the status quo and create lasting value in everything they do.

An expert in multifamily, Darren brings more than 16 years of experience to the table financing everything from large, institutional projects to small, luxury communities. While at Johnson Capital Group, Darren generated more than $3.5 billion in funding and was named the top national producer from 2004 to 2013.

A graduate of the University of Colorado-Boulder, where he played football and received a B.S. in finance, Darren has called Colorado home since 1992. He serves on the advisory board of ACE Scholarships and is on the board of directors for both MediaShift Technologies, Inc. and Versus Capital Real Estate Income Fund.

While he enjoys such outdoor activities as hunting and fishing, Darren’s favorite sport is chasing his three children.

Jon Buerge

President & Partner

Urban Villages

Jon Buerge is the President and Partner at Urban Villages, Inc. In this capacity, Jon is

responsible for operations, real estate development, and strategic positioning for all real estate assets. He

also manages the research and analysis of new company acquisitions and corporate growth strategies. Jon

currently serves as the Chair of the Denver Business Improvement District and is on the Board of Directors

for the LoDo District. He is also a member of Denver’s Public Realm Committee and 16th Street Mall

Redevelopment Steering Committee.

John Blackshire

Moderator

Transwestern

John Blackshire specializes in the sale of apartment buildings and communities in

Colorado. He works as part of the Denver multifamily team with Tom Wanberg and

their marketing associate, Danielle Badura. While his primary role with the team is

business development, he is involved in all aspects of serving clients including

portfolio optimization, financial analysis, valuation underwriting, pricing of assets,

market statistics, forecasting, and contract negotiations, culminating in his primary

goal of complete client satisfaction.

CAREER HIGHLIGHTS

John has been involved in over 300 hundred real estate transactions worth several

hundred million dollars during his career. Tom Wanberg and John are consistently

the top producers in the Colorado office. John was presented the Young Gun

award for being a rising star within Transwestern early in his career with the

company. He currently leads the Transwestern Young Professionals for Colorado.

John has over fifteen years of sales and sales management experience. He began

his career in the Telecom industry, where he was the top in the nation producer for

his company. Prior to joining Transwestern, he served in sales positions in the real

estate and banking industry with Vail Resorts and Wells Fargo where he excelled

as well.

EDUCATION & COMMUNITY ENGAGEMENT

John earned his Bachelor of Arts in business administration with a major in Finance

from the University of South Carolina in Columbia, SC. He is a licensed real estate

broker in the state of Colorado. John is an active member of the Urban Land

Institute and is currently involved with the bi-annual Impact Awards. He founded

and leads the Colorado Stand Up Paddleboard Club and also gives his time to

several non-profits related to sports, affordable housing, and sustainable growth.

New Supply and Steep Concessions Suppress Downtown Rents—Upside Once Things Cool Off?

David Pierce

David Pierce

Market Analyst

CoStar Group

David Pierce

Market Analyst

CoStar Group

David joined CoStar in 2013 and has acted as the Market Analyst for Colorado since the beginning of

2015. David has created and maintained frameworks for how the Market Analyst team analyzes,

visualizes, and presents big CRE data, with a particular focus on apartment data, GIS data visualization,

and transforming large data sets into digestible and relevant analytics. David writes market and

submarket reports for Colorado markets across the Multifamily, Retail, Office, and Industrial Sectors,

and does consulting work for clients. David has presented at various industry events, including the

Apartment Association of Metro Denver’s Techcon event in late 2017, the Utah Apartment

Associaation’s Annual Economic Conference in Summer 2017, and The CSU Everitt Real Estate Center’s

Spring Market Watch in 2017. David has a BS in Economics and a MA in Management with a Finance

Specialization, both from Wake Forest University.

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