Buy, Defer, Refinance or Sell: Strategies for an Aging Portfolio*
Tuesday: 9:15 am – 10:30 am | Room 305
Deals have gotten more complicated in recent years, leading to more negotiation between affordable housing developers and investors. The panel will look at pricing and how investors are more loss averse. A legal expert will discuss issues such as conveyances (need to expand), the 10-year rule, use of tax-exempt financing, purchase agreements, guarantees and working with non-profit organizations. The panel will provide in-sight into the decision-making process behind the decision to buy, sell, refinance or defer a property. Included in the discussion will be case studies of re-syndicated portfolio properties, which will include topics such as losses, take-back debt, exit taxes, residual ownership in new a partnership, developer fees and recapitalization.
MODERATOR:
Jonette Hahn, Principal, The Reznick Group
SPEAKERS:
Janet S. Charlton, Executive Vice President, National Foundation for Affordable Housing Solutions, Inc.
Stephen Roger, Managing Director, Centerline Capital Group
Bryan J. Shumway, CEO, The Wishcamper Companies,
News You Can Use: Legislative, Regulatory and Federal News on Rental Housing*
Tuesday: 10:45 am – 12:00 pm | Room 308
In this economy, information is critical. Learn about the latest issues at the local, state and federal levels from our legislative experts.
MODERATOR:
Conor Fennessy, Vice President – Government Affairs, NJ Apartment Association
SPEAKERS:
J. Kenneth Pagano, President and Chief Executive Officer, Essex Plaza Management, Montgomery Management, Brunswick Management, & JKP Management Associates
Diane Sterner, Founding Director, Housing and Community Development Network of NJ
Timothy J. Touhey, Executive Vice President, NJ Builders Association
Design Considerations that Make Affordable Housing Outstanding*
Tuesday: 3:15 am – 4:30 pm | Room 308
Learn how design helps build strong neighborhoods and develops long-lasting partnerships in the community. Find out how to integrate a “sense of place” into a development so that it fits into the neighborhood and provides the comfort amenities that families and seniors really want at a price they can afford.
MODERATOR:
Lori Grifa, Commissioner, Department of Community Affairs
SPEAKERS:
Florence Block, Executive Director, US Green Building Council-NJ
Stephen Schoch, AIA, LEED AP, Managing Principal, Kitchen & Associates Architectural Services, PA
Carlos Rodrigues, Senior Fellow, Regional Planning Association (RPA)
Creating A Redevelopment Identity*
Wednesday: 9:30 am – 10:45 am | Room 315
As the economy continues to recover, it is imperative for municipalities to create an environment to attract development. The Redevelopment Identity communicates to potential investors the needs and wants of a municipality as a partner in the process. Redevelopment veterans will be on hand to identify components of the Redevelopment Identity and how to communicate yours! Specific areas of discussion will include: Infrastructure needs, parking and density requirements, generating position on PILOTs and affordable housing, employment opportunities for local residents and community amenities.
MODERATOR:
Leslie A. Anderson, Executive Director, NJ Redevelopment Authority
SPEAKERS:
Ronald S. Ladell, Vice President of Development, AvalonBay
Joseph J. Maraziti, Jr., Esq., Partner, Maraziti, Falcon and Healey, LLP
Going Green*
Wednesday: 11:00 am – 12:15 pm | Room 318
This session will provide useful information to multi-family property owners and managers interested in funding energy efficiency, renewable energy and resource conservation for new and existing properties. Discussion will focus on state and federal incentive programs, including updates on changes to Energy Star, building codes and national green building legislation. In addition, this session will investigate appropriate renewable energy technologies and sources of funding.
MODERATOR:
Jon Vogel, Senior Development Director, AvalonBay Communities, Inc.
SPEAKERS:
Elaine Bryant, Manager - Market Strategy and Planning, Renewables and Energy Solutions, PSE&G
Chuck Feinberg, Executive Vice President, Greener by Design, LLC/Chairman, New Jersey Clean Cities Coalition
Trisha Miller, Director, Green Communities