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Speakers and Panels

Al Pace

Al Pace

CEO and Vice-Chairman

Pacific Urban Residential

Steve O'Connell

Steve O'Connell

CEO

Grosvenor Americas

David McCullough

David McCullough

Principal

McCullough Landscape Architecture

Al Pace

CEO and Vice-Chairman

Pacific Urban Residential

Mr. Pace is co-founder and Vice-Chairman of Pacific Urban Investors, a subsidiary of Marcus & Millichap Companies. He is a graduate of the University of San Francisco and a Certified Public Accountant (inactive). Mr. Pace spent fourteen years with multifamily pension fund advisor SSR Realty Advisors (now BlackRock) and its predecessor configurations (Fox, Metric, etc) culminating in the position of Managing Director, National Acquisitions. Pension advisory clients included CalPERS, CalSTRS, the Alaska Permanent Fund, City and County of San Francisco, Colorado PERA and others. Since 1986, Mr. Pace has been both an investment advisor and principal in the acquisition of apartment communities totaling more than 32,000 units and $8.5 billion dollars. Mr. Pace is a thirty-year member and Executive Director of the National Multi-Housing Council (NMHC), actively engaged in issues impacting the multifamily industry. In addition, Mr. Pace sits on the Multifamily Blue Council of the Urban Land Institute.

Steve O'Connell

CEO

Grosvenor Americas

Steve provides the strategic direction for Grosvenor Americas’ investment, development and financing activities. Steve O'Connell was appointed to the Grosvenor Americas Board in 2018 after joining in 2011. He became Chief Executive of Grosvenor Americas in 2019. Steve led Grosvenor’s Development team in San Francisco and successfully established its multifamily program there before being appointed Managing Director, Investment in 2015 where he oversaw Investment and Co-Investment activities in North America. He holds a B.Eng. degree from McGill University and an MBA from the UC Berkeley - Haas School of Business. Steve is an Executive Committee and Board member of UC Berkeley’s Fisher Center Policy Advisory Board, a member of the Bay Area Council Board of Directors and belongs to an Urban Land Institute (ULI) National Mixed-Use Development Council.

David McCullough

Principal

McCullough Landscape Architecture

A graduate of Cal Poly University, San Luis Obispo, David formed McCullough Landscape Architecture as a sole proprietorship in 1999 while consulting for another firm. After wife and partner, Catherine joined the business in 2001 and became Chief Executive Officer and President in 2002; the firm became a woman-owned corporation and a certified Small Business by the State of California.

With offices in San Diego and the Bay Area, McCullough creates spaces for hospitality, retail, mixed-use and institutional properties around the world. As principal landscape architect, David oversees all aspects of the design and production of firm projects at McCullough. He serves as head designer on all projects and maintains quality control on all work completed. Previous projects have earned awards and recognition in several national publications.

David finds time in his schedule to take leadership in creative organizations such as the the San Diego Architecture Foundation (SDAF) and the American Institute of Architects (AIA) local Urban Design Committee. He currently serves as Chair of the Pecha Kucha Night program, which is on its sixth successful year. He finds it inspiring to take part in such a diverse mix of creative minds while bringing them together to share with the public their wild ideas.

In addition, recently David was appointed by San Diego Mayor Kevin Faulconer to serve on the Historical Resources Board as Chair, which governs the identification, protection, retention and preservation of historical sites in San Diego. Concurrently, he has been invited to serve on the city’s Code Monitoring Team (CMT).

David’s design philosophy is centered around merging context and creative passion with grit, soul, and style. The firm takes every project with a uniquely creative approach that centers around diversity, discovery and conservation. David feels it’s important to engage the human spirit with nature, while expressing empathy.

Recent projects include a large waterfront development in Shanghai, China, Seaport San Diego redevelopment, several multifamily projects in Calgary and Vancouver, along with other notable hospitality, entertainment, and mixed-use collaborations in the Western US and Canada.

Summary

  1. Will recent events force developers to rethink their multifamily strategy in regard to floor plans, unit sizes, shared spaces, etc.?

  2. What changes to day-to-day office life do industry experts anticipate, particularly in the tech sector?

  3. How will companies such as Common, Blueground, and WeWork serve the Bay Area office and multifamily markets going forward?

  4. What do April and May rent collection rates tell us about future rent relief needs?

  5. What new technologies are developers using?

Agenda

Time Activity
10:30 PM
11:15 PM
The Future of Bay Area CRE Investment, Design, & Development

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