Sacramento Outlook: Overarching Development, Design, and Innovative Trends

How are owners and developers staying on the cutting edge to keep up with the rising housing need in Sacramento? Which asset classes are poised for growth in Sacramento?

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  Sara Lebastchi

  A Sacramento native, Sara ventured to New York University where she graduated with a BA in Urban Planning. Sara is a Midtown enthusiast and Principal at D&S Development, one of the leading owners, developers and operators in mixed-use and historic rehabilitation in the greater Sacramento Area. She has experience in acquisition, development, leasing and property management of over 110,000 square feet of commercial retail and 265+ multi-family units. With a focus in Sacramento's urban corridor, Sara assists on research and site development for future opportunities in market rate housing.

  D&S Development

  Partner

  3 million SF of multifamily in Sacramento

  Sara Lebastchi

  Partner

  D&S Development

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  John Hodgson

  The Hodgson Company is a Sacramento based real estate development, land use and government advocacy firm which specializes in the entitlement and development of real estate and land use projects throughout Northern California. The Hodgson Company has been involved in some of the area’s most innovative residential and commercial developments, including master planned communities, infill development and mixed-use projects. More recently their focus has been on revitalization and mixed used development in the urban centers of the region. John Hodgson is active in both civic and volunteer organizations. He is a Full Member of the Urban Land Institute (ULI) and past Chair of the ULI Sacramento District Council. He was appointed by Governor Pete Wilson and served six years as the Chair of the Capitol Area Development Authority (CADA). In his capacity as CADA chair he is credited with contributing to the revitalization of midtown Sacramento. John currently serves as a Board member of the Downtown Sacramento Partnership and serves on its Governance Committee. He also serves on the Board and Executive Committee of the Midtown Association. He served several terms as Chair of the Sacramento Council of the North State Building Industry Association and currently serves as Chair of its Urban Infill Group focused on Sacramento downtown and midtown mixed-use development. John is a member of the State Bar of California. He is a graduate of UC Davis and King Hall (UC Davis School of Law). CURRENT/RECENT PROJECTS: 19J project (entitled sustainable 11-story mixed use building at 19th & J St, midtown Sacramento); Panhandle PUD/annexation (600 acre master plan – North Natomas); Eastern Star Building adaptive-reuse (conversion to 133 unit Hyatt House hotel in midtown Sacramento); Woodland Research & Technology Park – research park/mixed use project (350 acres – City of Woodland); Jefferson School site reuse (infill site at 16th & N Streets, midtown Sacramento); Team member of the group which successfully negotiated, designed and entitled the 16 Powerhouse mixed-use project in midtown Sacramento (infill site at 16th & P Streets); Truitt Bark Park in midtown Sacramento; Davis Innovation Center (200 acre innovation tech park – Davis)

  The Hodgson Company

  President

  Developing master-planned communities, infill development, and mixed-use projects

  John Hodgson

  President

  The Hodgson Company

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  Michael Jasso

  Assistant City Manager Michael Jasso joined the City on April 25, 2018. His most recent adventure was in Chicago, serving as Chief for the Bureau of Economic Development of Cook County, IL (Cook County is the second most populous county in the United States.) There he oversaw three County departments along with a cross‐cutting office of economic development. Among other successes, he led the creation and implementation of Cook County's strategic economic development plan. Michael has also served as Managing Deputy Commissioner for Chicago’s Department of Housing and Economic Development, specifically overseeing the Bureau of Economic Development, Chief Development Officer for the Chicago Housing Authority helping to manage the third largest public housing authority in the nation and led the Tax Increment Finance Program on behalf of the Mayor for the District of Columbia Government. He holds a Bachelor’s Degree in Architecture from Princeton University, and a Master’s Degree in Business Administration from The University of Texas at Austin. Michael Jasso is a native Chicagoan, he was a Peace Corps Volunteer in Yemen from 1987-1989 Last but not least partnered with dogs named Dexter and Arlo.

  City of Sacramento

  Assistant City Manager

  Stimulating Investment, Innovation and Economic Development

  Michael Jasso

  Assistant City Manager

  City of Sacramento

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  Daniel Gehman

  Daniel Gehman attended Cornell University in upstate New York before relocating to California. Daniel has been involved in the industry since 1986 and brings specialized expertise in architectural design to the Ware Malcomb team. As Director, Multifamily, he is responsible for the growth of the multifamily practice, focusing on business development, client service, and project execution. Daniel's background includes a variety of multifamily project types, with 25 years of specialization in Southern California and current projects in the Central Valley and Arizona. He currently teaches a class in the Master of Real Estate Development (MRED) program at the University of Southern California as an adjunct professor and is active in many industry associations.

  Ware Malcomb

  Director

  Moderator

  Daniel Gehman

  Director

  Ware Malcomb

Stimulating Investment & Economic Development in Sacramento

Why developers and investors are betting on Sacramento

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  Abbie Wertheim

  Abbie Wertheim is a Senior Development Manager at Panattoni Development Company with a focus on industrial development across Northern California. Most recently, she was an industrial real estate broker at JLL in Sacramento. Her current work draws on a career in land use economics, public policy and economic development. She hails from Texas, so you may hear the twang come out, but with 18 years in Northern California she is definitely home.

  Panattoni

  Senior Development Manager

  How Panattoni is Keeping Up with Increased Industrial Demand

  Abbie Wertheim

  Senior Development Manager

  Panattoni

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  Randy Koss

  In his role as Chief Investment Officer, Randy oversees Fulcrum Property’s principal revenue generating activities including new development opportunities, leasing, sales, marketing, and communications. Randy’s primary focus is to further the development of The Bridge District that fronts the River in West Sacramento. Randy brings over 30 years of experience in all aspects of real estate including development, asset management, acquisition, operations, and finance. In his most recent role as Senior Vice President of Real Estate Development for the NBA’s Sacramento Kings, Randy led the effort for ownership on all the Kings’ real estate holdings with primary focus on the development of the new mixed-use Downtown Commons (DOCO) adjacent to Golden 1 Center. Prior to joining the Kings, Randy spearheaded the acquisition Pronghorn Club and Resort, a 640-acre luxury golf resort community in Bend, Oregon and served as President of the Company. From 2000-2011, Randy worked as an Executive Director for the Morgan Stanley Real Estate Funds where he was actively involved in the oversight of the fund’s investments in the Western United States, Hawaii, and Mexico. With over $3 billion dollars of real estate assets under his supervision, his primary focus was in master planned communities, resorts, land/commercial development, and oversight of large operating companies. Prior to working for Morgan Stanley, Mr. Koss spent eleven years in the retail business with The Macerich Company working in various capacities in development, asset management, property management, and finance. Randy is a graduate of UCLA in Economics/Business and earned his MBA at UC Berkeley’s Haas School of Business.

  Fulcrum Property

  President

  Fulcrum's plan to further the development of The Bridge District in West Sacramento

  Randy Koss

  President

  Fulcrum Property

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  Chris Barry

  Chris joined CREtelligent with over 20 years of experience leading B2B enterprise sales, channel partner management, and business development. His experience and knowledge span globally, having formerly worked for CoreLogic in Australia, as their Director of Banking & Financial Services. Chris brings acute insights into the financial services industry, with a passion for developing and implementing innovative due diligence solutions, which will propel CREtelligent (formerly eScreenLogic) into a new realm of workflow solutions for the Commercial Real Estate Industry. Chris possesses a keen sense of how to build and scale highly effective teams with an eye for developing and implementing innovative solutions.

  CREtelligent

  Chief Revenue Officer & Partner

  Chris Barry

  Chief Revenue Officer & Partner

  CREtelligent

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  Rene Tingey

  A Senior Regional Property Manager at Phillips Edison and Company, I have been with Phillips Edison and Company for 8 years and manage roughly 2 million square feet of grocery anchored retail shopping centers throughout the West coast. I have been in the CRE industry for over 15 years working for developers and landlords with portfolio that has included industrial, retail and office use. I am CREW Sacramento President Elect in addition to serving as an executive board member of the Antelope PBID, and the advisory committee for my company’s internal board PECO NOW.

  Phillips Edison & Company

  Senior Regional Property Manager

  Moderator

  Rene Tingey

  Senior Regional Property Manager

  Phillips Edison & Company