Unlocking Value: Where Are the Opportunities for Adaptive Reuse & Repositioning?

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  Philip Balderston

  Philip Balderston is the Founder and CEO of Odin Properties, a diversified real estate investment and management firm with over 3,000 multifamily units and 200,000 square feet of commercial space. Prior to starting Odin, he was the director of Acquisitions and Finance at Philadelphia-based Tower Investments, Inc., responsible for financing various development projects and asset management. Before joining Tower, Philip was an Acquisition and Development Analyst at The KOR Group in Los Angeles. He has a profound understanding of real estate finance and economics, economic cycles, and community development, having completed over 600MM of real estate transactions as a Principal. Philip had also held an analyst and asset management position at Amerimar Enterprises in Philadelphia, is a graduate of the William Penn Charter School in East Falls, and holds a degree in Economics from the University of Pennsylvania and a degree in Real Estate Finance and Urban Studies from the Wharton School.

  Odin Properties

  CEO

  Philip Balderston

  CEO

  Odin Properties

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  German Yakubov

  President

  Haverford Square Properties

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  Jason Scholl

  Jason joined LK Miller in 2002 when he began as a laborer while putting himself through college. While earning his degree in business administration, Jason was promoted to Superintendent and later to Vice President; now, twenty years later, he is the proud President and Owner of the company. Jason's strong business acumen and textbook knowledge, coupled with his decades of field experience, allows him to expertly guide clients through every aspect of the acquisition (he’s also a licensed real estate salesperson!) and construction process. He prides himself on the highest possible level of client service, and is grateful to lead a dedicated and skillful team of like-minded professionals. As a result, the vast majority of LK Miller's business is from repeat clients and referrals. Outside of work, Jason enjoys working out, reading, cheering on Philadelphia's sports teams, and spending time with his family in Ocean City, NJ.

  LK Miller

  President

  Jason Scholl

  President

  LK Miller

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  Christopher Horch

  Christopher Horch joined JB&B in 2002, now serves as an Associate Partner, and is part of the leadership team for the firm’s growing Philadelphia practice. His current responsibilities include project management, coordination, design, calculations, field observations and the preparation of construction documents. He has led the design of heating, ventilation and air conditioning systems for varied market sectors nationwide and throughout the world, including university, life science, commercial office, hospitality and infrastructure projects. Mr. Horch has provided expertise for life science projects such as Penn Medicine’s 3600 Civic Center Boulevard Overbuild (core and shell and lab fit-outs) as well as infrastructure upgrades at The Curtis Center, both in Philadelphia. His work on major financial institutions includes various sites for major financial clients in New York and New Jersey, and his developer building and infrastructure experience includes One Vanderbilt, TWA Hotel at JFK International Airport and 1212 Avenue of the Americas. He has also assisted JB&B with the construction of premier research facilities, such as cyclotron projects at both NYU Langone Health and Memorial Sloan Kettering in New York City. His experience in higher education includes the NYU Tandon School of Engineering BioMedical Engineering and Chemical Biomolecular Engineering Renovation, Barnard College’s Roy and Diana Vagelos Science Center, and John Jay College of Criminal Justice, all in New York. Mr. Horch earned his Bachelor of Science degree in Mechanical Engineering from Lehigh University and is a licensed Professional Engineer; a LEED Accredited Professional; and a Certified Energy Auditor. He is a member of ASHRAE, a member of the Young Professionals Committee of the New York Building Congress, a member of the NYC Builds Bio+ Life Sciences Committee, and a member of the New York City Mechanical Code Committee. Mr. Horch also serves as an Expert Peer Review Committee member for the Council on Tall Buildings and Urban Habitat (CTBUH).

  JB&B

  Associate Partner

  Christopher Horch

  Associate Partner

  JB&B

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  Brad Molotsky

  Brad A. Molotsky practices in the area of real estate law. He serves as a lead for the Duane Morris Project Development/P3 group and as co-head of the firm's Opportunity Zones group. Mr. Molotsky’s primary practice is focused in the areas of opportunity zone fund creation and fund deployment, financing, public private partnership (PPP or P-3), real estate joint ventures (including mixed-use, life sciences and multi-family development), commercial leasing (including a focus in cannabis leasing), and acquisitions and divestitures. He also has deep experience in environmental, social, governance, public company issues such as enterprise risk, internal audit, compensation, as well as energy efficiency, sustainability and corporate social responsibility. Prior to joining Duane Morris and for nearly 20 years, Brad served as executive vice president, general counsel and corporate secretary of Brandywine Realty Trust. At Brandywine, Mr. Molotsky was responsible for all legal operations of the company, including acquisitions and divestitures, financings, joint ventures, board matters, insurance procurement, litigation oversight, SEC filing oversight and the legal aspects of capital raising. During his tenure, the company grew from 40 buildings to approximately 300 buildings, totaling 28 million square feet. In 2020, Mr. Molotsky was named a national influencer in the Opportunity Zone space by OZ Magazine and won The Philadelphia Inquirer Influencers of Law Award for Real Estate. He was also named by The Philadelphia Inquirer as an Influencer of Real Estate for Real Estate Legal Excellence in 2019. He was also named in TheLegal Intelligencer's list of Pennsylvania Trailblazers for 2019. Mr. Molotsky was named one of Philadelphia Business Journal's 2018 "Best of the Bar: Top Lawyers in Philadelphia. He was also named General Counsel of the year by the Philadelphia Business Journal in 2014 and NJBIZ in 2013 and was awarded the Martin Luther King Community Service award in 2014, the Township Sustainability Leader Award in 2016 and the Roger Davis Community Service Award in 2017.

  Duane Morris LLP

  Partner

  Moderator

  Brad Molotsky

  Partner

  Duane Morris LLP

Conversions, Adaptive Reuse & the Economics of Transformation

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  Lindsey Scannapieco

  Managing Partner

  Scout

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  Mark Cartella

  VP, Development

  Alterra Property Group

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  Evens Charles

  Evens Charles is the founder and managing principal of Frontier Development & Hospitality Group LLC. A native of Washington, D.C, Mr. Charles attended Temple University in Philadelphia, Pennsylvania where he was a Big East Conference Division-I football athlete. During his five-year athletic tenure at Temple University, he earned a B.A. in Psychology and a Master of Education. Shortly thereafter, at the age of 25, Mr. Charles was inspired by his landlord to execute his first small transaction that required an out-of-pocket investment of $1,000 resulting in a $25K profit six months later. Mr. Charles organically grew over a ten-year period by executing several successful residential and multi-family acquisition and development projects, then by the age of 36, made his first hotel investment. He has since grown Frontier to over a $200 million capitalized portfolio of Hilton and Marriot Internationally branded hotel assets across six states, with another $560 million of urban infill, commercial real estate development in its pipeline. Some of his recent accomplishments includes being recognized as the lead developer of DMPED’s 2021 award of the Hill East Bundle II Project, which is 1.2 million square feet of waterfront, mixed-use development in Washington DC; The 2021 Business of the Year by Prince Georges County Bi-County Business; 2019 Black Enterprise largest 100 Black Owned Businesses in the nation and the 2019 Outstanding Entrepreneur Award by the Caribbean American Heritage. He has been featured in various publications including Hotel Business, Lodging Magazine, Black Enterprise & Business Journals across multiple cities. He has an endowed scholarship in his name at Temple University targeting underserved students, supports many philanthropic causes and serves as a mentor to many. He is also a member of Temple University’s School of Hospitality & Tourism Board of Visitors, member of the Real Estate Executive Council (REEC), as well as industry organizations such as the National Alliance of African American Hotel Owners and the Asian American Hotel Owners Association.

  Frontier Development

  CEO

  Evens Charles

  CEO

  Frontier Development

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  Sean Edwards

  Sean Edwards is the President of Rittenhouse Communications Group (RCG), a design build technology integrator for multi-family and hospitality sectors. RCG’s goal is to provide a single pane of glass redundant building technology solutions for a single asset, or a nationwide portfolio.

  Rittenhouse Communications Group

  President

  Sean Edwards

  President

  Rittenhouse Communications Group

• Moderator

  Marques Franklin

  Managing Director

  Siemens Financial Services