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About   |   Chairman's Letter    |  Agenda   |   Speakers  |   Attendees  

PCBC Presents: Land and Capital Forum

Learn how to find it, fund it and pair up with the right partners.

Download the land & capital forum brochure (pdf)


June 28 | San Diego, CA

Forum Agenda

  Wednesday, June 28
 

8:30 AM-9:30 AM
Upper Lobby, Room 20A

Housing and Economic Forecast
richardgreen75Richard K. Green, Director of the USC Lusk Center for Real Estate will provide an overview of national economic conditions and its impact on real estate in California and key western metro areas for 2017.

Richard K. Green, Ph.D., holds the Lusk Chair in Real Estate and is Professor in the School of Policy, Planning, and Development and the Marshall School of Business. His research addresses housing markets, housing policy, tax policy, transportation, mortgage finance and urban growth.

Richard K. Green, Director of the USC Lusk Center for Real Estate 

 

9:45 AM-10:30 AM
Upper Lobby, Room 20A

Debt
Once the easiest part of the capital stack to secure, debt financing has been very challenging in the post-recession environment. We’ve lined up a leading group of lenders – all active lenders and each with a unique view on underwriting projects, and builders.

Melissa Abel, EVP Builder Finance, Texas Capital Bank
Bird Anderson, EVP, Wells Fargo
Norma J. Avery, President, Housing Capital Company, a division of U.S. Bank
Joe Hardy, Managing Director, Homebuilder Finance, Flagstar Bank

 

10:45 AM-11:45 AM
Upper Lobby, Room 20A

Private Equity
Managing the capital stack has been challenging for builders; even with solid projects, conservative projections and strong demographic fundamentals. Hear from four leading providers of private equity capital what they’re really looking for in evaluating potential new investments – real deal terms, risk factors that keep them awake at night and how you can address their concerns to get your deal done.

Jason Keller, Managing Director, Oaktree Capital
Rodney Montag, CEO & Managing Partner, RAM Real Estate Capital
David Valiaveedan, Managing Partner, Domain Real Estate Partners
Peter Fioretti, Founder and CEO, Mountain Real Estate Capital
Moderator: Matt Wyman, Partner, Cox, Castle & Nicholson LLP

 

12:00 PM- 1:15 PM
Upper Lobby, Room 29

Land & Capital Lunch
Panel Discussion

Doug Bauer, CEO, TRI Pointe Group
Sheryl Palmer, President & CEO, Taylor Morrison
Larry Webb, CEO, The New Home Company
Moderator: Tony Avila, CEO, Builder Advisor Group & Managing Principal, Encore Capital Management

 

1:30 PM- 2:15 PM
Upper Lobby, Room 20A

Annual Capital Markets Survey
Jeff Meyers will provide a detailed analysis of the equity capital markets based on Meyers Research’s annual Capital Markets Survey. The Survey explores capital's preferences in terms of geography, product type, deal structure and return requirement. Industry veteran and Capital Markets Director for Meyers Research, Steve La Terra, will color the conversation with an overview of capital flows, investment appetite and market projections. Together, they will illustrate why capital has been reluctant to flow into residential land and how things may change in the future.

Jeffrey Meyers, President, Meyers Research LLC
Steve La Terra, Managing Director, Advisory, Meyers Research LLC

 

2:30 PM-3:30 PM
Upper Lobby, Room 20A

Land Challenges: How Today’s Developers and Builders Are Rising to the Occasion
With large land parcels increasingly scarce to find, developers are faced with rising costs, financing hurdles and steep competition. And when they make it past all of these obstacles, they and their builder partners are met with another set of challenges. These include diverse buyer demographics and their corresponding lifestyle demands, changing family structures, the integration of cutting edge technology, conservation issues, as well as increasingly stringent building codes and the mounting pressure these regulations have on consumer home affordability. This panel will explore land challenges from start to finish, educating attendees on the unique solutions being employed by both developers and builders today to create the successful, quality new home communities of tomorrow.

Adrian Foley, COO, Brookfield Residential
Jimmy Ayala, Division President - San Diego, Pardee Homes
Steve Magee, EVP, Land & Development, iStar

 

3:45 PM-4:30 PM
Upper Lobby, Room 20A

Capital Game Changers for Builders
Like home building, home builder M&A is cyclical – and right now the cycle is HOT! This industry-leading panel includes an experienced M&A advisor, one of the preeminent industry equity analysts and two thoughtful and financially sophisticated CEOs of privately held builders – including one who has announced the sale of his company!

Tony Avila, CEO, Builder Advisor Group & Managing Principal, Encore Capital Management
Charles Schetter, CEO, Smith Douglas Homes
Joel Shine, President & CEO, Woodside Homes 
Moderator: Stephen East, Managing Director, Wells Fargo

 

4:30 PM-6:00 PM
Upper Lobby, Terrace Plaza

Dirt & Dollars Networking
(formerly Meet the Money)

Land and Capital Forum Sponsor:

Metrostudy   WellsFargo
     
CoxCastleNicholson   MeyersZonda

See all registration options & pricing