Phoenix—Multifamily developers and owners from across the country will come together here to find what’s ahead for the multifamily industry at the 2008 APARTMENT FINANCE TODAY Conference on April 7-9 at the Arizona Biltmore.
How will the ripple effect from the mortgage crisis affect your ability to develop, buy, and sell multifamily assets in 2008 and 2009? How long will conduit lenders be out of the market, and what if you don’t already have relationships with Fannie Mae, Freddie Mac, or portfolio lenders? There’s been plenty of talk, but at this conference you will get the unique opportunity to hear viewpoints from the experts and ask them these important questions.
The opening plenary session will feature a “tag-team” approach to discuss what the economic outlook means for the apartment industry. Tony Downs, a senior fellow at the Brookings Institution in Washington, D.C., will sound off on the state of the economy. Multifamily developers will join him in the interactive discussion to get the big picture on where the economy is headed and what it means for apartment cap rates, rents, and occupancies.
Learn the latest underwriting and financing techniques to help you assess and acquire multifamily assets in today’s environment in “Buying Smart: Successful Underwriting in the Age of Turbulence.” Moderator Samuel “Trip” Stephens of ZOM, Inc., an Orlando, Fla.-based development and management company, will lead panelists Robert Hart, president of Kennedy Wilson Multifamily Management Group, and Terry Schwartz of Dover Realty in the discussion. They’ll offer case studies and explain how others are finding success in today’s shaky times.
Renowned industry insider Linwood Thompson will talk about the best apartment markets, with a special focus on the demand for rentals from immigrants during the must-attend session, “Looking Ahead: AFT’s Annual Forecast for Rental Demand.” Thompson serves as a managing director of Marcus & Millichap and directs the firm’s National Multi Housing Group.
Everybody’s going green, so how can you ensure you don’t get left behind as this trend advances? Attend the brand-new session focusing on everyone’s favorite color, “Green Building: Sustainability’s Appeal to Lenders and Investors.” Discover how you can incorporate low-cost green elements into your properties, and find out how investors and lenders underwrite the added cost of these environmentally friendly techniques and materials.
Have you discovered that lower first-mortgage proceeds and more demanding investors are creating a need for mezzanine debt at your company? Everyone from beginners to the mezz market to experienced pros should attend “Stretching the Stack: Where Mezz Debt Fits in Your Financing Plans.”
Attendance is reserved for people who are primarily owners and developers of apartments. The early-bird registration fee for those who sign up by March 1, 2008, is $595. Regular registration is $695. The cost for those who attended the conference in 2007 is $550. For more information, visit www.AptFinanceConf.com.