Thursday, November 10th
Time: 10:00 a.m. to 11:00 a.m.
Location: Meeting Room 1.
+ Tom Farrell, Director of Business Development, Landmark Capital Advisors
Tom Farrell is an industry veteran with more than 30 years of real estate finance experience across most geographies and layers of the capital stack. Landmark Capital Advisors is a boutique capital advisory firm that sources debt and equity for residential and commercial developers across the U.S. Before Landmark, Tom was with Sabal Financial Group where he was the Director of Home Builder Finance, providing non-recourse A&D and construction loans to homebuilders nationally.
This was a start-up group, which successfully took advantage of the gap created when commercial banks largely deserted the space during the housing downturn. Prior to Sabal, Tom was at Bank of America for 25 years in a number of positions of increasing responsibility in the Commercial Real Estate Bank. His last position at Bank of America was Division Executive in charge of the Home Builder Division, which was the largest provider of financing to homebuilders nationally with over $13 billion in commitments. Tom earned his bachelor’s degree from Cornell University and his MBA from Pepperdine University. He is a member of ULI, NAHB, CBIA, HomeAid America (Chairman), and the Cornell University Real Estate Council.
Is it Credit Crunch Time for Construction Financing? - How to Position Your Project to Attract Equity and Debt in the Current Capital Markets Environment
Hear all about construction financing from the top financial experts of the building industry. Learn how to position your project to attract equity and debt in the current capital markets environments.
INCLUDED WITH YOUR BIS SHOW PASS
Interested in a tabletop at this pop-up event? Register here. There are a limited amount of tabletops at this pop-up.
+ Loren Borstein, President, Borstein Enterprises
Loren joined Borstein Enterprises in 2005 and oversees the organization's residential investments. With 16 years in the real estate industry, Loren has worked for three private homebuilders with a focus on urban infill development and affordable ownership product.
Loren began his career at the E&Y Kenneth Leventhal Real Estate group, working in five countries with residential & retail developers, financial institutions, investment banks and government agencies. Loren spent almost a year working in Asia during the economic crisis of 1998, assisting with asset valuation, loan workouts and portfolio sales. Loren then joined DeMet, a multinational homebuilder delivering 10,000 units of housing annually. Loren managed the company's proposed expansion efforts into the United States and was in charge of all market analysis and land acquisition. Loren continued his career with Community Dynamics, an urban infill developer of market rate and affordable ownership housing. As Vice President of Acquisition & Development, Loren conducted financial analysis on proposed projects and administered land acquisition, market research and entitlements for the company. Loren joined Comstock Homes in 2002, a residential development company, and was responsible for land acquisition, project analysis, and project management.
+ Michael Klein, CEO, Freedom Financial Funds
Michael has arranged, managed or approved over $10 Billion in financing for projects or businesses and has experience as CEO or board member in several private companies, including start-ups or turn-around situations.
His current company, Freedom Financial Funds, LLC (FFF), manages private equity funds established to promptly respond to the needs of real estate professional who are seeking debt and equity capital for creating value through the construction, rehabilitation, repositioning, conversion, or additions to commercial and residential properties in metropolitan, or metropolitan adjacent locations generally in the western United States.
+ Andrew Zinn, SVP, First Bank
Andrew Zinn has over 17 years of commercial real estate experience and has finished his first year at First Bank with just under $150 million in loan production within our Southern California operations that includes: residential, industrial and creative office construction, mini-permanent loans on industrial, office and flex properties, and bridge debt to reposition underperforming commercial assets.
The goal for 2016 is to continue to grow the First Bank's commercial loan portfolio by targeting commercial real estate investors seeking loans in the $2 to $20 million range. First Bank benefits new and existing clients by having a 100-year family history of private ownership that lends itself to a culture of maintaining long term relationships. In 2014 the Bank grew its loan portfolio at a rate of 30%, while continuing to improve its asset quality metrics.