Fall Real Estate Conference Session Descriptions

2018 Session Information is here!

Take a Look at This Year’s Sessions.

You will choose one each from Early AM, Late AM, Early PM and Late PM (4 total)

Early Morning Sessions | A, B, C, D | 9:00 AM – 10:30 AM

A. Retail: A Survival of the Fittest

Susie Detmer, Senior Vice President of Retail Brokerage, CBRE, Inc.

Josh Parnell, Vice President/Principal, First Western Properties

Rick Parks, Principal/Designated Broker, TRF Pacific LLC

David Gellner, Partner, Capital Pacific LLC

Session Summary – The retail market is often viewed with a “doom and gloom” attitude, especially in headlines which report shrinking store sizes, store closures, bankruptcies, and overall retail market share eaten away by online competition. However, the retail industry continues to evolve and shift, and what is consistently reported in headlines may not be the sentiments from an inside-out perspective. Hear from local market experts that provide a unique look at where the future of retail is heading and why, as well as a discussion on current investment, development, and rental trends in the Puget Sound market area.

B. Residential Builder/Developer Pressures and Opportunities

Todd Bennett, President, BDR Capital Partners LLC

Anthony Maschmedt, Principal, Dwell Development + Design Build

Sam Lai, Co-founder, Green Canopy Homes

Session Summary – How do builders and developers decide on new sites? How do they figure out the best design for that site and market? What is the process of moving from site purchase, planning, construction, and closing of finished product? Along that course, what are the pressures and opportunities in general, and what are the ones at this point in the economic cycle? What do builder/developers wish appraisers knew but might not?

C. Seattle’s Waterfront Redevelopment: Who’s Footing the Bill?

Norm Bruns, Attorney/Principal, Garvey Schubert Barer

Michelle DeLappe, Attorney/Principal, Garvey Schubert Barer

Session Summary – The next phase for Seattle’s downtown waterfront, after the new tunnel replaces the viaduct, will be the creation of 20 acres of parks and public spaces connecting the waterfront to downtown Seattle. The City proposes to pay for up to $200 million of the cost through a one-time special assessment against properties whose values are supposed to increase due to the project. Those properties will be in a new local improvement district (LID), which covers a surprisingly large area. This session will discuss several legal and appraisal issues related to this and other LID funding mechanisms.

D. The Urban Built Environment – Is Seattle a Global City?

Neil Shah, Regional Managing Director, Americas, Royal Institution of Chartered Surveyors

Hugh F. Kelly, PhD, RE, Director of Graduate Program, Fordham University Real Estate Institute

Mari Sorenson (Moderator), MAI Principal, McKee Appraisal

Kenneth A. Barnes, MAI, CRE, Principal, McKee Appraisal

Session Summary – The look of cities around the globe is changing. How we work, live, transport, and recreate is changing. How does Seattle compare to other US cities and global cities? This session will explore Seattle from a global context, including how it looks today and how we see this changing as we move into the future.

Late Morning Sessions | E, F, G | 10:45 AM – 12:15 PM

E. Industrial: Reaching Equilibrium

Jeff Forsberg, CCIM, Principal, NAI Puget Sound Properties

Bart Brynestad, Partner, Panattoni Development

Jim Kidder, SIOR, Senior Vice President, Kidder Mathews

Tom Wilson, Director, Cushman & Wakefield Commerce

Session Summary – The Puget Sound industrial market explored through the perspective of active market participants.  Learn about specific industrial markets and how the ever-changing Seattle landscape affects the overall industrial market. Panelists will discuss current and anticipated market trends including rental rates, absorption, new construction, pipeline inventory, capitalization rates, and overall investment parameters.  Find out about supply and demand for speculative developments as a barometer for the long-term health of the industrial market.

F – Puget Sound’s Changing Landscape and the Effects on the Housing Market

Todd Britsch, Pacific Northwest Regional Director, Metrostudy

Session Summary – Five years into this record breaking cycle, what changes are on the horizon for the Pacific NW as the multifamily market braces for peaking new construction in the face of slowing employment and moderating rent growth?  What are the investment trends across asset classes from institutional to small unit properties?  The suburbs joined the cycle late, but is making up for lost time.  How is the land market being affected as developers look past peak deliveries in 2019/2020?  How has the market adjusted under the new Mandatory Housing Affordability zoning requirements in Seattle?  As condominium development has gained some momentum, have liability and lending issues changed to allow this necessary addition to the market?  This session will explore these topics and more from experts active in these fields and asset classes.

G. News from the Top! A Perspective from Our Top National Appraisal Leaders

John Busi, MAI, CRE, FRICS, President, NKF Valuation and Advisory

Ed Alegre, MAI, MRICS, Chief Executive Officer LATAM and President of Valuation, Colliers International

Eric Lewis, MAI, CRE, FRICS, President, Valuation & Advisory Services, Cushman and Wakefield

Chris Roach, MAI, ASA, CCIM, Chief Executive Officer, BBG

Session Summary – We are gathering many of the nation’s top appraisal practice leaders.  From long established appraisal companies, to newly emerging companies.  How is the appraisal market the same, and how has it changed?  What is hot, and where is the industry headed.  What are trends in the appraisal practice.  What will the business look like in 5, 10 and 15 years?

Early Afternoon Sessions | H, I, J, K | 1:45 PM – 3:15 PM

H -Office: The Market Keeps Marching On

Thomas Pehl , Senior Vice PresidentInstitutional Properties, CBRE

Matthew Gardner, Chief Economist, Windermere Real Estate

Wende L. Sauvage-Miller, Senior Leasing Director, Talon Private Capital

David Stinebaugh, Senior Vice President – Capital Markets, Debt & Structured Finance, CBRE

Session Summary – The Puget Sound Office market overview-Investment, leasing, debt and equity and economic fundamentals. The office market continues to show strength as a major gateway market. Hear from market experts regarding current market trends and growth and what we can expect going forward.

I -Do You Know Your Data?

Jared L Preisler SRA, AI-RRS, Chief Appraiser/Director of Product Development, DataMaster USA

Session Summary – You have access to more data now than ever before. Where is your data coming from? What should it be used for? What should it not be used for?  This session will explore the different types and sources of data used in the appraisal process. Review the appraisers USPAP responsibility to data and some of the automated tools identified in Advisor Opinion 37. Introduce DataMaster’s newest and cutting edge, importing and analytic tool, that saves the residential appraiser about 60 minutes per report, while keeping the appraiser in control and compliant. Learn why the right data at the right time support the right decisions and value opinions.

J. Objectionable Title Exceptions: Overview of Title Issues, Potential Pitfalls, and Red Flags and their Effect on Property

Rosemary Boelens, Attorney, Phillips Burgess PLLC

Todd Britsch, Regional Director, Metrostudy

Session Summary – This session will walk participants through a discussion of typical encumbrances on title, and how each will affect property including, platted but unopened rights of way, gaps in legal descriptions, encroachments and what it takes to resolve them, landlocked parcels, unique property rights, such as grazing rights or mineral rights, and ground leases. In this session, we will cover basic legal principles behind encumbrances, with case studies showing how properties were affected and what it took to resolve the issues.

K. Is Stigma Damage Still Alive In Washington?

Kinnon W. Williams, Attorney/Shareholder, Inslee Best Doezie & Ryder PS

Session Summary – This presentation will look at the legal basis for claiming stigma damage, various elements of stigma damage and if there is a legal basis for claiming stigma damage in the State of Washington.

Late Afternoon Sessions | L, M, N, O | 3:30 PM – 5:00 PM

L. Multifamily: At a Tipping Point?

Pete Shelton, Executive Director, Cushman & Wakefield

Joe Levin, Senior Vice President, Colliers International

Cathy Jeney, Partner, Paragon Real Estate Advisors

Sam Wayne, Associate Vice President, Colliers International

Kevin Daniels, President, Daniels Real Estate

Jackie Hizzey, Senior Vice President & Chief Financial Officer, Main Street Property Group

Session Summary – Five years into this record breaking cycle, what changes are on the horizon for the Pacific NW as the multifamily market braces for peaking new construction in the face of slowing employment and moderating rent growth?  What are the investment trends across asset classes from institutional to small unit properties?  The suburbs joined the cycle late, but is making up for lost time.  How is the land market being affected as developers look past peak deliveries in 2019/2020?  How has the market adjusted under the new Mandatory Housing Affordability zoning requirements in Seattle?  As condominium development has gained some momentum, have liability and lending issues changed to allow this necessary addition to the market?  This session will explore these topics and more from experts active in these fields and asset classes.

M. Single Family Appraisal Quality – Reviewer Insight – How To Appraise Reports?

Becci Curry, MAI, Vice President, Chief Appraiser, Columbia Bank

Lynn-Marie Palmer, AVP – SF Collateral Risk Area Manager, Homestreet Bank

Allan Waller, AVP, Senior Residential Review Appraiser, Heritage Bank

Session Summary – What are Reviewers seeing? How can we as Residential Appraisers improve our reports? What is the impact of Collateral Underwriter and how can my reports improve? Some lenders lend in-house and do not submit reports to Fannie Mae. For different types of lenders, what are they looking for?  We have three highly distinguished presenters with years of experience in the industry. Get a behind the scenes look at what the residential climate is currently like.

N. Stories from the Trenches: What an Appraiser Should Know About Special Benefits and Private Covenants

Matt Hansen (Moderator), Attorney, Miller Nash Graham & Dunn LLP

Jackee Walker, Attorney, Miller Nash Graham & Dunn LLP

Connor O’Brien, Attorney, Miller Nash Graham & Dunn LLP

Ken A. Barnes, MAI, CRE, Principal, McKee Appraisal

Session Summary – Join us for a panel discussion with condemnation attorneys and expert appraisers regarding outcomes and lessons learned from recent special benefits trial; and appraisal assignment for private covenants and $0 valuation. Ask questions and gain tips to guide you through the valuation process.

O, MHA – How Did We Get Here and What Is It?

Prithy Korathu, Community Development Specialist, City of Seattle, Office of Housing

Stephanie Velasco, Community Development Specialist, City of Seattle, Office of Housing

Samantha Updegrave, Supervisor, Land Use Planner, City of Seattle, Department of Construction and Inspections

Laura Hewitt Walker, Strategic Advisor for Housing Policy, City of Seattle, Office of Housing

Megan Neuman, Supervisor, Land Use Planner, City of Seattle, Department of Construction and Inspections

Session Summary – Mandatory Housing Affordability (MHA) is a new program that provides additional development capacity in exchange for contributions to affordable housing. Come learn about the program from experts from Seattle’s Department of Construction and Inspections and the Office of Housing, and understand how it involves Incentive Zoning, and how the new requirements work with developments in Seattle.