Executive Officer
63 DAYS TO THE EVENT
Executive Officer
Oct 06, 4:00 PM CDT
Live: Austin, TX

You attend meetings to network. At NAREIM, we honor the investment of your time by ensuring our networking, activities and content is focused on helping you build personal relationships with peers, who are facing the same challenges and opportunities as you. 

The NAREIM Executive Officer Meeting is just the place to build genuine relationships and friendships.

 

Small group discussions and roundtable sessions is the key to our content. We provide relaxed networking opportunities, where the focus is on friendship and discovering the personality behind the corporate name. And of course, NAREIM is about candid conversations. You come to NAREIM to learn - and share. NAREIM is about the sharing of best practice ideas, solutions, challenges and opinions. It's a place to explore new ideas among peers and friends. That will be no different in 2021.

Registration fee: $1,495

Agenda

October 6, 2021

​6pm-11pm: An evening at Lutie's Garden Restaurant

NAREIM members have full access to Lutie's restaurant, run by Executive Chefs Bradley Nicholson and Susana Querejazu both of whom have trained at three-Michelin-starred restaurants, for the evening to connect and talk with peers. The restaurant is located on the Commodore Perry Estate at 4100 Red River Street, Austin, TX.

Map.

 

 

 

 

October 7, 2021

Commodore Perry Estate hotel

7.30am: Breakfast

Time to Rethink

Like frogs in boiling water, humans often fail to recognize emerging dangers because we are inherently reluctant to rethink our situation. We cannot spot the squeaking brakes and red flags in time and even our intelligence doesn't help us spot our biases.

 

As we look back on 2020, to a pandemic, to racial and gender equality, to environmental action, it's fair to say most of us didn't anticipate the events that ultimately took place. Now, as we begin our return to pre-Covid activities, ideas and goals, we need the time to think about where we are and what we have learned - and be empathetic to rethinking how we approach the challenges ahead.

 

9am: Welcome comments

  • Ryan Krauch, Executive Managing Director, USAA Real Estate and Chair of the NAREIM Board of Directors

  • Zoe Hughes, CEO, NAREIM

9.10am: Rethinking Leadership: What's on your mind? One of the most valuable parts of the NAREIM Executive Officer meeting is the time talking to peers about what's on their mind and how they're thinking about paths forward. This morning session is dedicated to learning from peers about the highs and lows of leadership over the past 18 months, from the operational, investment and personal perspective.

  • Opening session leaders: 

    • Ryan Krauch, USAA Real Estate 

    • Josh Myerberg, Managing Director, Morgan Stanley Real Estate Investing and Vice-Chair of the NAREIM Board of Directors

 

10am: Break

10.15am: Rethinking the Operations. Employee expectations have shifted dramatically post-Covid, and as investment managers mandate returns to the office, there is an increased focus on what it takes to recruit and retain – and what this all means for margins in the long-term. Through expert analysis and roundtable work, we explore two key themes around return to office and the impact on margins in the longer-term, hearing how peers are handling the same pressures as you.

  • Topic 1: Margins and expanding expectations:

    • With enhanced reporting and disclosures, ESG, asset-level accountability and wage and benefit inflation, the pressure on margins has never been more acute for real estate investment management. How are you thinking about your margins and organization? Where does margin growth come from?

      • Proprietary analysis on EBITDA margins 2012-2021

      • Proprietary analysis on total compensation and benefit trends 2012-2021 and the impact of Covid

        • Analysis by: Erin Green, Managing Director and Head of Management Consulting, Ferguson Partners

        • Austin Morris, Managing Director, Compensation Consulting, Ferguson Partners 

  • Topic 2: Retention and culture post-Covid:

    • What’s your flex ratio? 3-2 (3 days in the office; 2 days at home), 4-1 or 5-0? 
    • What are you offering to recruit and retain key talent post-Covid?

    • What is the impact to margins? Is the new comp and benefits package sustainable for the long-term?

    • What does cultural flexibility look like for your firm? What's driving your decisions?

      • Introduced by: Travis Pritchett, President & COO, Harbert Corporation Management

 

11.45am: Rethinking DEI. NAREIM is proud to present an update on the work of the DEI Committee since its launch in December 2019, including an industry-wide collaboration supporting the annual DEI Survey. Members are then asked to help set the DEI Committee roadmap over the coming 24 months, by discussing:

  • What’s most relevant to your organization in terms of DEI?

  • What’s most on your mind?

  • What’s your greatest challenge in relation to DEI?

    • Introduced by: Kristin Renaudin, CFO, Stockbridge Capital Group and chair of the NAREIM DEI Committee

12.30pm: Lunch

Members will move tables for the afternoon discussions

Afternoon session leaders:

  • David Donato, Continental Realty Corporation

  • Matt Reidy, Fremont Realty Capital 

  • Todd Everett, Principal Real Estate Investors

  • June Munshi, TheCenterCap Group

1.30pm: Rethinking Demand: Where are the new sources of alpha? 

Format: 1.5-hour small group discussion with peers guided by expert analysis

Challenge: Where are the new sources of alpha within private real estate and how do you plan the execution of that strategy? NAREIM members discuss the historical and projected returns of alternative property types, analyze the shifting allocations of REITs post-Covid, and compare them to their existing investment holdings.

 

  • 30-min: Presentation. Analysis by Dave Bragg, Co-Head of Strategic Research, Green Street 

  • 1-hour: Small group work. In groups of 5 or less, NAREIM members discuss and rank alternative property types according to whether the investment set presents a Strategic or Tactical investment - or if it's not in future plans

    • Discussion questions include:
      • Historical and projected performance

      • Durability of income

      • Sector outlook (REIT outlook)

      • Risk of operating leverage

      • Scalability

      • Transaction size

      • LP appetite

 

3pm: Break 

3.15pm: Rethinking the Data behind Demand: Inside human mobility, behaviorial & migration data, with Unacast

Format: 60-mins, whole room Q&A discussion

 

  • Unacast is a human mobility, location tracking and migration data company, whose data is used by hedge funds, tech companies, retailers, local and municipal governments and academics, Unacast's modeling provides insights into migration patterns post-Covid and helps challenge assumptions regarding demand drivers in 2021 and beyond. 

    • Rikard Bandebo, Chief Product Officer, Unacast

4pm: Personal and work check-in time

5pm: An evening with the "Socrates of BBQ", Wayne Mueller of Louie Mueller BBQ

Transportation will be provided from the Commodore Perry Estate. NAREIM members will be hosted by Wayne Mueller at the original Louis Mueller BBQ restaurant in Taylor, outside Austin. Mueller is the third-generation owner/pitmaster of Louie Mueller, which was founded by his grandfather in 1949. Louie Mueller BBQ was awarded the James Beard Foundation 'American Classic" award in 2006 - the first BBQ restaurant in the US to receive the honor - and is regularly cited as the best BBQ restaurant in the US today.

The restaurant is located at West 2nd Street, Taylor, TX. Transportation will be provided at the Commodore Perry Estate, from 5pm. Map

 

 

October 8, 2021

Commodore Perry Estate hotel

  • 7.30am-9am: Breakfast and departure

Reserve your room

NAREIM has reserved a limited number of rooms at the Commodore Perry Estate at the discounted rate of $345 per night (exclusive of state and city occupancy taxes and resort fees). This rate is 50% less than the standard nightly rate.

To reserve a room, please use the following link below or call the Commodore Perry Estate. Use the code: NAREIM to secure the discounted rate.

 

Special room rates for NAREIM

NAREIM has negotiated a discounted rate for members for a limited number of rooms. Rooms are allocated on a first-come-first-served basis. Please book early to avoid disappointment.

Update, June 10:

The NAREIM discounted room block has been filled. A limited number of rooms are available at the standard rate.

  • NAREIM discounted rate:

    • $345 per night

    • Exclusive of state and city occupancy taxes (17%) and hotel resort fees. Hotel resort fees are $20 for a one-night stay; $25 for a two-night stay

  • Standard rate:

    • $795 per night

    • Exclusive of state and city occupancy taxes (17%, and hotel resort fees. Hotel resort fees are $20 for a one-night stay; $25 for a two-night stay

Commodore.png
Alternative hotels in Austin

Evening networking activities and dinners will be held off-site in Austin downtown during the NAREIM Executive Officer meeting. NAREIM does not have alternative room blocks, however alternative hotel options to the Commodore include

2021 pLanning committee members

Chair: Ryan Krauch, Mesa West Capital

Co-Chairs: Jane Page, Lionstone Investments

Todd Everett, Principal Real Estate Investors

Travis Pritchett, Harbert Management Corporation

 

Committee Members:

Christopher Nichols, Berkshire Residential Investments

Jonathan Epstein, BentallGreenOak

Stuart Bernstein, CapRidge Partners

June Munshi, CenterCap Group

David Donato, Continental Realty Group

Kathleen Briscoe, Dermody Properties

Elizabeth Peacock, Deloitte

Matt Reidy, Fremont Realty Capital

Brandon Sedloff, Juniper Square

Ross Berry, New York Life Real Estate Investors

Reisa Bryan, Nuveen Real Estate

Frank Garcia, PGIM Real Estate

Daryl Pitts, Pereview Software/Saxony 

Kristin Renaudin, Stockbridge Capital Group

David Stanford, RealFoundations

Greg Michaud, Voya Investment Management

Rick Hurd, Waterton Associates

Past agendas

2020

NAREIM meetings are open to NAREIM members only and their guests. For further information on attending meeting or other NAREIM discussions, please contact Zoe Hughes, CEO. Please note that any executive who is not a NAREIM member, guest of a member or working in the real estate investment management industry will not be admitted to NAREIM events. NAREIM reserves the right to decline any registration. By registering for NAREIM events, you are consenting to NAREIM’s privacy policy.