The Renaissance of Downtown Los Angeles: Opportunity Knocks – A Full Day Program and Tour Experience of Real Estate Investment, Development & Business Opportunities. Thursday, January 9, 2014. JW Marriott Los Angeles L.A. LIVE
Join a powerhouse line-up of speakers at this “must attend” event to explore opportunities in Downtown Los Angeles’ real estate markets including office, retail, residential, hospitality, sports, and entertainment. This day-long program and bus tour will spur further investment from local, national, and international real estate investors and developers as well as office tenants, retailers, and restaurateurs.
Who should attend?
• Commercial and residential real estate brokers
• Commercial and residential real estate developers and investors
• Commercial and investment bankers
• Retailers, restaurateurs and nightlife operators
• Traditional and creative office space users
• Anyone interested in learning about investing in Downtown Los Angeles
Parking info for attendees
Self-park in the West Garage, also called Lot W. Enter through Gate “G” on West Road for a $10 flat rate (cash only; pre-paid as you enter.) Click here for the parking map.
The conference is sold out.
Confirmed guest speakers include:
Eli Broad is a renowned business leader who built two Fortune 500 companies from the ground up over a five-decade career in business. Broad is the founder of both SunAmerica Inc. and KB Home (formerly Kaufman and Broad Home Corporation). Today, he and his wife, Edythe, are devoted to philanthropy as founders of The Broad Foundations, which they established to advance entrepreneurship for the public good in education, science and the arts. The Broad Foundations, which include The Eli and Edythe Broad Foundation and The Broad Art Foundation, have assets of $2.4 billion.
Frank Mottek is the voice of business news in Los Angeles. An award-winning broadcast journalist with more than 30 years of experience, Mottek currently anchors the business reports on KNX 1070 NEWSRADIO. Weekdays at 1pm, he hosts the KNX Business Hour, the No. 1 source for business and consumer news in Southern California.
Mottek is frequently called to lead the highest profile economic and business discussions in Southern California including events for the LA Area Chamber of Commerce, Los Angeles Business Federation, LA County Economic Development Corporation, California State Forum, Milken Institute, LA Business Journal, BritWeek, UCLA Anderson School of Management, and the Association for Corporate Growth.
Mottek has won numerous awards from the AP, UPI, RTNDA, L.A. Press Club and the Radio-TV News Association of Southern California. He won the RTNA Golden Mike award for Best Business and Consumer News Reporting in 2012.
José Huizar was elected to the Los Angeles City Council in 2005. Through his years of public service, Councilmember Huizar has proven himself a staunch advocate for educational reform, public safety, environmental protection and sustainable economic development. He has helped create thousands of new jobs, promote historical preservation and bring hundreds of acres of open space and park upgrades to park-poor areas of the City of Los Angeles.
Councilmember Huizar is one of the City’s leading “Complete Streets” proponents, ushering in groundbreaking transit, pedestrian- and bike-friendly policies that are seen as the model for the entire City. He also is leading the effort to bring the Streetcar back to Downtown Los Angeles after a half-century absence.
Barry Altshuler is a Senior Vice President of Equity Residential and manages EQR’s Investments Group for Southern California. Altshuler has been in the real estate business for more than 30 years and has been directly involved with several billion dollars in transactions during his career. He started his career at Equity in 1998 as Vice President — Asset Management. Prior to EQR, he was a Vice President at MIG Realty Advisors, a U.S.-based pension fund advisor specializing in real estate, from 1992 through 1997. At MIG, he was involved with the company’s transactions and asset management throughout the U.S. He also has held positions at Nationwide Capital, a real estate lending arm of HomeFed Bank, and the Florida Department of Transportation.
Bruce Baltin is a Senior Vice President in the Los Angeles office of PKF Consulting USA, an international firm of management consultants, industry specialists, and appraisers who provide a full range of services to the hospitality, real estate and tourism industries. In his more than 40 years with PKF, Baltin has had a diversity of experience in the Hospitality and Tourism industries including market demand studies, valuations, economic and operational consulting and dealing with leases, franchises and management contracts. His industry experience includes hotels, resorts, clubs, restaurants, theme parks, and national and state parks. He also has worked extensively with various governmental entities in tourism and hospitality real estate issues.
Dan Beckerman serves as President and CEO for AEG, one of the world’s leading presenters of sports and entertainment programming. In addition to oversight of key AEG divisions such as AEG Facilities, AEG Live, AEG Sports, AEG Global Partnerships and AEG Europe, Beckerman, who reports directly to AEG Founder and Chairman Philip Anschutz, oversees long range planning, acquisitions, financial oversight and corporate governance while serving on the six member committee that constitutes AEG’s Office of the Chairman. He most recently served as COO and CFO for AEG. In this capacity, his responsibilities include overseeing the day-to-day operations for AEG and fiscal planning for its subsidiaries including STAPLES Center, the Los Angeles Kings, the company’s MLS franchises, two minor league hockey franchises, international holdings and AEG Live, the firm’s “live” entertainment division.
Martin Caverly is CEO of EVOQ Properties, one of the largest property owners in Downtown Los Angeles, and a seasoned real estate private equity investor with more than 20 years of direct and platform real estate investing experience. Prior to joining EVOQ Properties, Caverly founded a real estate consulting, advisory and principal investing firm, 2120 Partners, focused on fundraising, operational and investing strategies for existing real estate platforms and institutional and high net worth investors. He was previously a Principal at O’Connor Capital Partners where he opened and headed all West Coast operations for the firm.
Neils Cotter is VP of Development at Carmel Partners and is responsible for several development projects in California. Prior to joining Carmel Partners, Cotter was Vice President of Acquisitions and Asset Management for Matteson Companies leading acquisition and disposition activities in Southern California, Las Vegas and Denver. He also lead asset management for 1,400 units in those market areas. Prior to this role, he was the Acquisitions and Development Director for Intracorp Southern California, where he managed acquisitions and development for urban infill development projects valued in excess of $600M. Cotter also served as Captain in the United States Air Force.
As Senior Vice President, Lodging Development, Alison Cumberland leads Marriott’s full service development team in the Western U.S., including Hawaii. Cumberland has worked in this capacity since September 2011. Prior to this position, she served as the Vice President of Development in the Western Region from September 2005 to September 2011. Previous to her current position, Cumberland was Vice President, Lodging Development for Marriott International in Canada, responsible for the development of Marriott International’s full and select service brands. Prior to joining Marriott International, she was the Acquisitions Analyst for Fairmont Hotels and Resorts (formerly Canadian Pacific Hotels).
Cumberland is a member of the Urban Land Institute and serves as Vice Chair on the Recreational Development Council. She regularly presents at various hospitality and real estate conferences. In addition, she served as a Faculty Advisor to the University of Maryland’s Executive MBA Program.
Bert Dezzutti is Senior Vice President of Brookfield Office Properties, and is responsible for Brookfield’s Western Region, comprised of premier Class “A” office and retail assets. The portfolio’s assets are located in the heart of Downtown Los Angeles, Marina Del Rey, San Francisco and Seattle. Dezzutti is responsible for the overall financial performance of the region and oversees all aspects of the region’s activities. He has more than 27 years of commercial real estate experience, including an extensive background working in a senior level capacity with leading firms such as Equity Office Properties, Koll Development and CB Commercial.
John Gorham is EVP, Regional Director of Stores overseeing Macy’s Southwest region, which includes Southern California, Hawaii, Guam and Las Vegas. Gorham started his retail career at Foley’s in Houston and eventually earned a VP Divisional Merchandise Manager position in Menswear. He then joined Macy’s as the Assistant Store Manager, and was later promoted to Group VP Director of Stores with the responsibility of covering Texas, Louisiana, Alabama and Florida. Gorham would then serve as SVP Director of Stores in Southern California which included the task of converting Bullock’s to Macy’s as well as continuing to have responsibility for the Orange County, San Diego and Texas markets. He was later promoted to Group SVP Director of Stores, overseeing Orange County, San Diego, Colorado, El Paso and Albuquerque.
Kenneth A. Himmel is President and CEO of Related Urban, the nation’s leading developer of large-scale mixed-use properties. Formed in 1997, Related Urban is the mixed-use development division of Related Companies. Under Himmel’s leadership, the division has opened two award-winning iconic destinations – Time Warner Center (2.8 million square foot mixed-use project at Columbus Circle in New York City) and CityPlace (72-acre mixed-use property that has revitalized downtown West Palm Beach). Both of these projects have created a significant impact in the growth and transformation of their respective surrounding urban core. He also is leading the development and leasing of the retail and restaurant concepts of Hudson Yards, a 26-acre project that will transform midtown Manhattan.
With more than 30 years experience, Mr. Himmel is a renowned expert in developing successful mixed-use developments that combine architectural design and urban planning with dynamic shopping, entertainment, residences, offices and world-renowned restaurants to bring forth the energy and vitality of an urban destination with resonance to the local lifestyle and culture.
Edward Hogan is the National Director of Retail Leasing for Brookfield Office Properties, and oversees a national retail portfolio in excess of 2 million square feet located in eight central business districts across North America. The portfolio is made up of premier retailers and restaurants. Hogan is presently overseeing the planning and leasing of two major retail redevelopments for Brookfield. The company is investing more than $300 million redeveloping Brookfield Place in New York and FIGat7TH, a retail center in Downtown Los Angeles. Over his career, Hogan has leased more than 4 million square feet of space to premier retailers from Neiman Marcus to Target.
Rob Jernigan is a Managing Principal for Gensler's Southwest Region, directing offices in Southern California, Phoenix, Las Vegas and Denver. Widely-regarded as an accomplished architect, practice leader and collaborator, Jernigan is committed to design innovation, technical quality and a belief that we are only as good as the people we mentor to succeed us. His technical expertise spans more than 32 million square feet of architectural and interiors projects that have reshaped city landscapes around the globe. In Los Angeles, his work includes the 55-story Hotel & Residences tower at L.A. LIVE, the renovation of the iconic AT&T Center tower, Century City's 2000 Avenue of the Stars and The Broad Museum, currently under construction in Downtown L.A.
Christopher C. Martin is the third generation leader of AC Martin, one of Southern California’s oldest planning and architecture firms. His firm’s architectural work has contributed to the economic vitality of Downtown Los Angeles, and as a civic leader he has devoted a significant portion of his time to critical issues facing the City and the County of Los Angeles, as well as the State of California. Currently under development is the new Wilshire Grand Redevelopment Project in Downtown Los Angeles, where Martin Project Management (MPM) is the Owner’s Development Manager. As the CEO and President of MPM, he is resurrecting the role of Master Architect that Albert C. Martin Jr. and Edward J. Martin played in the creation of the modern downtown skyline.
Derrick Moore is widely recognized in business and commercial real estate circles as the industry’s leading expert on retail in Los Angeles. In his 14-year career, Derrick has completed more than 2.3 million square feet of retail lease transactions in the Los Angeles region, representing a total consideration of approximately $326 million. Moore’s successful practice is centered around two core business philosophies: Building long-term, trust-based relationships with his clients, and being an active participant in community-building in Los Angeles. As one of the city’s most fervent ambassadors, he maintains close relationships with key government associations, business leaders, landlords and tenants.
Kathy Neal is currently a Partner at Keller Williams DTLA. As a member of the Keller Williams Global Property Division, Neal has nurtured her international contacts and travels to connect with affiliates creating a special network of colleagues and clients. Originally from NYC, she started her residential real estate career with the Corcoran Group primarily selling Co-Ops in Manhattan. While working closely and learning from other seasoned agents at both Fred Sands and Coldwell Banker, this allowed her to build a foundation in Los Angeles. Neal has represented sellers and buyers over the years and in 2003, entered into the Keller Williams system of franchise ownership. Neal and her partners opened the Keller Williams Hollywood Hills office in 2003 with great success, and in 2004 she opened Keller Williams Los Feliz. Opportunity knocked 2.5 years ago when the idea of opening an office in Downtown Los Angeles persuaded her to move back from the east coast to launch the largest national real estate office in Downtown LA.
Wayne Ratkovich founded The Ratkovich Company in 1977 and is its President and CEO. The Ratkovich Company specializes in developing urban infill and rehabilitation projects including 17 historic buildings. In doing so, the company partners with some of the nation’s largest financial institutions including its most recent project, The Bloc (formerly Macy’s Plaza). Ratkovich is an Emeritus Trustee of the National Trust for Historic Preservation. In 2011, he was named a Life Trustee of the Urban Land Institute, one of 13 in the organization’s 75-year history.
Marc D. Renard is Vice Chairman of Cushman & Wakefield’s Global Capital Markets Group, based in the firm’s Downtown Los Angeles office. Since joining C&W in 1983, Renard has provided transaction and advisory services to clients on a global basis. During his career with the firm, he has led the sale efforts of more than 400 properties with an aggregate value of more than $20 billion. Over the past five years, he has successfully marketed properties in California, Arizona, Utah, New Mexico, Colorado, Washington, Oregon and Nevada.
Renard has been recognized with various honors including C&W’s Top Investment Broker in the Western Region and/or in California for the years: 1992, 1994 - 1996, 1998, 2002 - 2004, 2006 - 2009, and 2011 - 2012. He is a member of C&W’s Global Advisory Board, the Board of Directors of the Arthritis Foundation of Southern California, the UC Berkley Fisher Center for Real Estate & Urban Economics’ Policy Advisory Board and the Board of Directors of the USC Lusk Center.
A veteran of 41 years in the real estate industry, Nelson Rising is Chairman and CEO of Rising Realty Partners, an investment, development and operating company. Prior to that, Rising served as Chairman and CEO of Catellus Development, the developer of Mission Bay in San Francisco and as a Senior Partner of Maguire Thomas Partners and partner-in-charge of the Library Square development that included the US Bank and Gas Company Towers. He is a former Chairman of the Board of the Federal Reserve Bank of San Francisco and is Chairman Emeritus of the Real Estate Roundtable.
Richard Stockton is the President and CEO of The Americas division of OUE Limited, based in Los Angeles. OUE is a multi-billion dollar listed property company headquartered in Singapore. Stockton joined OUE in early 2013 and is responsible for all aspects of the business, including acquisitions, financing, asset management and business operations, in The Americas. In June 2013, OUE completed the acquisition of the US Bank Tower in Downtown Los Angeles. Prior to joining OUE, he was a Managing Director at Morgan Stanley for almost 16 years, including serving as the Head of Real Estate Banking for Morgan Stanley's investment banking advisory business in Asia and the EMEA.
Bill Witte is the President and Managing Partner of Related California, one of the largest developers of urban and multifamily housing in the state. Prior to joining The Related, Witte served as Deputy Mayor for Housing and Neighborhoods under Mayor Art Agnos in San Francisco, where he oversaw all housing, development and redevelopment activities for the City. From 1981—1988, he served as Director of Housing and Economic Development under Mayor Dianne Feinstein in San Francisco. And from 1989-90, he also served as an appointed Commissioner of the San Francisco Housing Authority.
7:00am – Registration and Continental Breakfast
7:45am – Welcome and Remarks
Los Angeles City Councilmember José Huizar
Carol Schatz, President and CEO, Downtown Center Business Improvement District and Central City Association
Hospitality, Sports & Entertainment Panel
Moderated by Bruce Baltin, SVP, PKF Consulting USA
Dan Beckerman, President & CEO, AEG
Alison Cumberland, SVP, Lodging Development, Marriott International, Inc.
Christopher C. Martin, CEO, AC Martin Partners Inc., and CEO and President, Martin Project Management
Moderated by Marc D. Renard, Vice Chairman, Global Capital Markets Group, Cushman & Wakefield
Barry Altshuler, SVP, Equity Residential
Neils Cotter, VP, Development, Carmel Partners
Kathy Neal, Principal, Keller Williams DTLA
William A. Witte, President, Related California
Moderated by Derrick Moore, Principal-Urban Retail Properties, Avison Young
Edward Hogan, National Director of Retail Leasing, Brookfield Office Properties
John Gorham, EVP, Regional Director of Stores, Macy’s Southwest
Kenneth A. Himmel, President & CEO, Related Urban
Wayne Ratkovich, President & CEO, The Ratkovich Company
Moderated by Robert A. Jernigan, AIA, LEED AP, Managing Principal, Southwest Region, Gensler
Martin Caverly, CEO, EVOQ Properties
Bert Dezzutti, SVP, Western Region, Brookfield Office Properties
Richard Stockton, President & CEO, OUE Limited
Nelson Rising, Chairman & CEO, Rising Realty Partners
12:30pm – Lunch and Conversation with Eli Broad, Founder, The Broad Foundation, by Frank Mottek, Anchor and Host, KNX 1070 Newsradio
2:00pm – Bus Tours
5:15pm – Conference Concludes
Come learn and experience the Downtown LA Renaissance that you’ve been reading about.
“The sprawl, the scale, all that freeway time – for many, Los Angeles is an acquired taste. But not downtown. New York-like in its density and mishmash, the long-blighted center has become an accessible, pedestrian-friendly destination in recent years; Angelenos walk around en masse, using their actual legs...the studiously vintage bars and imaginative restaurants that seem to open every other day are also part of the revival... this part of town is alive again, in ways that make sense even to an outsider.”
— THE NEW YORK TIMES, FEBRUARY 17, 2011
“...Downtown LA, which used to be dead after working hours, is striving to become a hub for entertainment, sports, dining and housing, in addition to continuing as a daytime financial center. Some are calling it the ‘Manhattanization’ of downtown.”
— TIME, JULY 30, 2011
“Developers and hoteliers are responding to a surge in downtown visitors brought on by the combination of rising regional tourism demand and an expanding number of attractions to the area.”
— TRAVEL WEEKLY, MARCH 6, 2013
“...downtown Los Angeles, an area previously dominated by parking lots and abandoned buildings, has flourished over the last five years, with a spate of new restaurants, retail stores, night spots and art galleries springing up.”
— WALL STREET JOURNAL, APRIL 25, 2013
Organized and hosted by the Downtown Center Business Improvement District (DCBID) and the Central City Association (CCA), this conference and tour will bring together hundreds of real estate developers, brokers and investors along with commercial and investment bankers and restaurant, nightlife and entertainment companies to discuss Downtown’s current market and future prospects.