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Speakers and Panels

Arthur Woodbury

Arthur Woodbury

CIO & Managing Director

Woodbury Corporation

Stephen Alfandre

Stephen Alfandre

Founding Principal

Urban Alfandre

Jeff Grasso

Jeff Grasso

Founder & Managing Partner

Vesta Realty Partners

Jason Algaze

Jason Algaze

Principal

Abstract Development Group

Breanne Mccabe
Interested in Sponsoring? Email breanne.mccabe@bisnow.com

Breanne Mccabe

Business Manager

Bisnow

Phil Brierley
Moderator

Phil Brierley

Senior Director of Capital Markets

JLL

Arthur Woodbury

CIO & Managing Director

Woodbury Corporation

Arthur Woodbury joined Woodbury Corporation in April 2012. He is chief investment officer of Woodbury Corporation and managing director of the Woodbury Capital funds. Arthur oversees equity financing for new Woodbury investments as well as fund and asset management of all Woodbury sponsored funds (five funds totaling approximately $600 million of equity commitments). Arthur also co-manages the development and acquisitions team at Woodbury. Prior to joining Woodbury Corporation, Arthur spent four years working in the real estate private equity teams at the Blackstone Group (BREDS) and with Goldman Sachs (REPIA) in London where he had transaction experience in excess of $6 billion. Arthur has a B.A. in International Relations from the University of Pennsylvania with a minor in Urban Real Estate Development in conjunction with the Wharton School and a Masters in Finance and Strategy from l’Institut d’Études Politiques de Paris (Sciences Po).

Stephen Alfandre

Founding Principal

Urban Alfandre

Stephen is a Founding Principal of Urban Alfandre and brings over 16 years of real estate acquisition, development, finance, and operational experience to the company. Recently he led the acquisition and development efforts for the Toll Brothers City Living office in Washington DC where he sourced all types of urban residential deals in multiple submarkets. Prior to Toll Brothers, Stephen worked with the Bozzuto Group where he managed multiple infill residential developments. He also spent time working in various real estate consulting and development roles in Salt Lake City prior to moving back east.

Stephen received an MBA in real estate and entrepreneurship from Georgetown University and a bachelors degree in Urban Planning from Brigham Young University. He has served as a panelist on multiple DC-area real estate expert panels - including three times with Bisnow - and has also been featured in real estate articles in the Washington Post, Washington Business Journal, and Wall Street Journal.

Stephen grew up in the Washington DC area and now lives in the greater Salt Lake City area with his wife and five children.

Jeff Grasso

Founder & Managing Partner

Vesta Realty Partners

Jeff Grasso is the Founder & Managing Partner of Vesta where he is responsible for the firm’s management & strategy, investment implementation, and investor relations. Before launching Vesta, Jeff was Senior Vice President and Head of Acquisitions at Silverstein Properties, Inc., where he was responsible for sourcing, capitalizing, and executing over $10 billion of acquisition, development, and corporate investments in the United States, Europe, and Asia. Prior to joining Silverstein, Jeff worked in the portfolio management group of ING Clarion Capital, a $5 billion AUM real estate credit opportunity fund. He was responsible for the acquisition and asset management of an ABS portfolio in addition to acquiring and originating high yield whole loans.

Jeff holds a B.S. in Accounting, Finance, and Real Estate from the Martin J. Whitman School of Management at Syracuse University. He resides in Salt Lake with his wife where he enjoys fly fishing, whitewater rafting, and embraces a “pay it forward” mentality with the local Utah community.

Jason Algaze

Principal

Abstract Development Group

Jason Algaze is an 18-year veteran in the real estate investment and development industry, known for his unique blend of creativity, passion for building, and financial expertise. His extensive experience enables him to execute successful and profitable projects with a distinctive vision. Jason's multi-faceted development background allows him to select the right people and companies for each project, bringing out the best in every team member. His expertise spans the entire development process, including creating assemblages for acquisitions, investment analysis and deal structuring, understanding local zoning and entitlements processes, fostering public-private relationships with municipalities, developing innovative project design concepts, and assembling elite design, consultant, and construction teams for execution.

In 2019, Jason founded Abstract Development Group as the new development affiliate backed by Bronstein Properties, a 50-year-old New York-based real estate family office. Shortly after, he expanded into the Salt Lake City real estate market, recognizing its tremendous growth potential. This led to a primary focus on the area and the development of local relationships throughout Utah over the past several years. Currently, Abstract Development has three projects in various phases of development: One Burton in South Salt Lake, 1345 South Jefferson in the Ballpark District, and another new South Salt Lake site in planning. One Burton is a recently completed 180-unit multifamily building with 220 parking spaces and 8,000 square feet of retail space in the heart of South Salt Lake's emerging downtown district. The project aims to elevate design standards in the market, showcased by its ultra mid-century modern architecture and interior design. Jason and his team at Abstract Development Group are committed to further expanding their footprint in Salt Lake and Utah, with a goal of building around 1,500 units over the next few years.

Earlier in his career, Jason worked for a prominent New York and Miami-based development firm on over $10 billion in new projects, comprising over 8 million square feet and more than 8,000 residential units. These included notable developments such as a 1,400-foot tower with 44 ultra-luxury residences overlooking Central Park, New York City; a 45-story tower with 400 multifamily units in Long Island City, Queens, New York; a 45-unit boutique condominium and townhome building in SoHo, New York; and various luxury condominiums and rental buildings throughout the greater Miami and South Florida areas. He also has had experience with a real estate private equity firm focused on distressed investment opportunities and started his career in large loan real estate finance at Credit Suisse that covered a wide range of asset types throughout the country and select transactions abroad.

Jason is a graduate of the University of Miami and holds an MA in real estate finance and development from New York University.

WHY YOU SHOULD ATTEND THIS WEBINAR

Bisnow webinars bring together the biggest power players in the industry to identify opportunities, build your network, and expand your business. With the largest audience of commercial real estate professionals in the world, no one knows how to help your business more than us!

Why Salt Lake City? 

Salt Lake City has experienced significant population growth in recent years, which has led to an increased demand for commercial real estate in the area. The trend towards urban living, the desirable location and industry diversity has created an influx of new residents in the city. Salt Lake City has become a hub for technology and innovation, with many technology startups and companies choosing to locate downtown. SLC is home to one of the best locations for job seekers, which has impacted the rise in migration to the area. Maintaining new development remains crucial as the city and developers feel the pressure to continue building to meet the high demand. 

As Salt Lake City climbs the ranks of America’s major CRE powerhouse cities, and remains resilient among some uncertainty, the commercial real estate market has seen several opportunities over the years. Join industry leaders as they discuss migration trends, population growth, technology and innovation, the demand for CRE and how all of this has impacted construction and development of multifamily, industrial, office, retail, hotel, life sciences, healthcare and mixed-use buildings. Gain insight on best practices, where opportunities lie, and how industry leaders are adapting to meet the ever growing demand for CRE in SLC.

What You'll Learn: 

  • The major developments in the Salt Lake City pipeline and how they will have an impact on the residents of SLC. 

  • The areas in Salt Lake City that developers, owners and industry leaders are finding the most opportunity to deploy capital in today’s market and which asset classes investors are most bullish on. 

  • How the continued population growth is driving economic development in Salt Lake City today. 

  • How developers, owners and industry leaders are keeping up with the rising housing need within Salt Lake City. 

  • What speed to market in the upcoming years looks like. 

  • How industry leaders are getting creative in order to provide an experience to those living, working, playing and visiting the area. 

  • The new technologies that are being implemented to meet the needs for tenants and residents in Salt Lake City. 

JOIN US FOR AN IN-PERSON EVENT ON OCTOBER 17TH --- Salt Lake City Commercial Real Estate Market Outlook