Mortgage Bankers Association of New York hosts 4th Annual Strategic Real Estate and Lending Summit

Manhattan, NY The Mortgage Bankers Association of New York (MBAofNY) hosted its 4th Annual Strategic Real Estate & Lending Summit June 19th, co-hosted by Fordham Real Estate Institute at the University’s Law School Campus. Over 150 professionals including appraisers, brokers, lenders, legal firms and other stakeholders got insight into the residential and commercial real estate markets, regulatory and compliance challenges, and emerging trends that are influencing the industry. 

Topics included a Mid-Year Market Update, Freddie Mac Origination & Securitization, Federal Home Loan Bank lending activities in Housing & Secondary Markets, Death by Cliché & Building a Successful Business, Alternative Lending, and Tech & AI in Real Estate. 

The full-day educational conference offered 7 hours of continuing education credits to appraisers and Realtors. 

“Once again, the MBAofNY assembled an impressive lineup of topics and speakers.” said MBA of NY conference chairman Fred McDonald, a VP at Popular Bank. “Part of the association’s mission is to deliver quality education to our members, and this year’s conference agenda was first rate.”

In addition to educational sessions, attendees were treated to lunch keynote speech from Lynne Patton, Region II Regional Administrator of HUD. 

The conference’s afternoon session was sparked with excitement, when Genworth’s national spokesman Steve Richman delivered an entertaining and informative look at what builds success, how to achieve it, and why thinking like successful professionals drives results. 

In the conference’s Mid-Year Market Update, EDR’s Dianne Crocker moderated a panel of leading economists. Ryan Severino of JLL, Brian Snow of Morningstar Credit Ratings, LLC, Kenneth McCarthy of Cushman & Wakefield, and Hugh Kelly of Fordham Real Estate Institute shared their insight into the latest moving pieces impacting opportunities in New York’s real estate lending market. 

Attendees also got insight into the current state of alternative lending, and how such lenders as Emerald Creek Capital, Avant Capital Partners, Case Real Estate Capital, and Quontic Bank make their decisions to underwrite successful deals.

The day’s final panel presentation delved into the emerging field of technology and artificial intelligence in the real estate market. The panel session included technology demonstrations by Envelope, I’m In Control, Bowery Valuation, and real-time AI demonstrations by MC Consultants, Inc’s Drone pilot Tyler Marsh, and VirtualApt’s voice activated robot by co-founder Bryan Colin. Moderators Douglas Giles of AmTrust Title and Richard Carr of Petrich International encouraged the panelists to dive into the depths of change that this technology will bring to the real estate industry.

The full agenda for the conference included the following topics and speakers:

The Mid-Year Market Review 2018: What Tax Reform and Infrastructure Plan Mean for New York

• Moderator: Dianne Crocker, Principal Analyst, EDR Insight

Panelists:

• Ryan Severino, CFA, Chief Economist, JLL
• Hugh Kelly, PhD. , CRE Special Advisor, Fordham Real Estate Institute
• Kenneth McCarthy, Principal Economist, Cushman & Wakefield
• Brian Snow, Vice President, CMBS Analytics, Morningstar Credit Ratings, LLC

Freddie Mac: From Origination Through Securitization

• Moderator: Bonnie Nachamie, Esq., Principal, Bonnie S. Nachamie, P.C.

Presenters:

• Pamela Dent, CFA, CPA, Vice President, Asset Management, Freddie Mac
• John Stepien, Manager, Multifamily Production and Sales, Freddie Mac

The Federal Home Loan Bank System’s Presence In Housing And Secondary Markets 

• Adam Goldstein SVP, Chief Business Officer, FHLBNY 

Death By Cliche And Other Business Buzzwords - Don’t Build Your Business Off of Something You Read on A Bumper Sticker 

• Steve Richman, National Spokesperson, Genworth MI

Lunch Keynote Speaker

• Lynne Patton, Regional Administrator, Region II, NY & NJ, Housing and Urban Development (HUD)

Untapped Real Estate Markets - Segments A & B &C

PART A
Cost Segregation - How to Increase Your Cash Flow This Year, In The Future and Even On A Look Back Basis

• Moderator: Sean Millette, MAI, President, Millennium Valuations, Inc.
• Speaker: Matt Rader, Managing Director, Cost Segregation, CBRE, Inc.

PART B
Senior Housing Real Estate and Operations

• Moderator: Gregory Nuber, Vice President, Popular Bank
• Speaker: Norm LeZotte, Senior Managing Director, Newmark Knight Frank

PART C
Alternative Lenders: Challenges and Opportunities in the Commercial & Residential Non-QM And Non-Conventional Loan Market

• Moderator: Michael Schneider, Chief Operating Officer, Aristone Capital

Panelists:

• Mark Bahiri, Managing Partner & Co-Founder, Emerald Creek Capital
• Edward Lombardo, Commercial Real Estate Loan Officer, Quontic Bank
• Sandy Herrick, Founder & Managing Principal, Case Real Estate Capital, LLC
• Adam Luysterborghs, Managing Partner, Avant Capital Partners

Technology/Artificial Intelligence In Commercial & Residential Real Estate: Transforming the way we live & work
Co-Moderators:

• Douglas Giles, Vice President, AmTrust Group
• Richard Carr, Jr., Managing Director, Petrich International

Panelists:

• Kirk Oatman, President - I’m In Control
• Noah Isaacs, Co-CEO, Bowery Valuation/Cushman & Wakefield
• Chris Mayer, EVP & Chief Innovation Officer, Suffolk Construction Company, Inc.
• Gary Kulik, Marketing Manager, EDR Lender Solutions
• Cindy McLaughlin, CEO & President, Envelope
• Bryan Colin, Co-Founder and CEO, VirtualAPT 
• Tyler Marsh, Senior Construction Consultant - UAS (Drone) Pilot, MC Consultants Inc.

Since 1948, the Mortgage Bankers Association of New York continues to offer its members endless opportunities for networking and education. A broad spectrum of firms and individuals choose membership in the MBAofNY, including mortgage bankers and brokers, commercial and investment banks and other institutional lenders, title companies, attorneys, accountants, appraisers, environmental and construction advisory firms. The MBAofNY continues to be a great place for lenders, their clients and consultants to the industry to meet and share their collective knowledge of the business and get deals done.