CRE FinanCE W Rld
CREFW-Winter2017
CREFW-Winter2017
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A publication of <strong>CRE</strong> Finance Council<br />
Winter 2017<br />
Volume 19 No. 1<br />
<strong>CRE</strong> <strong>FinanCE</strong> W<br />
<strong>Rld</strong><br />
Contents<br />
3. Letter from the Editor-in-Chief<br />
Paul Fiorilla, Associate Director of Research, Yardi Matrix<br />
4. <strong>CRE</strong>FC Leadership Talks Markets, Mandates,<br />
and Muddled Regulations<br />
Lisa Pendergast, Executive Director, <strong>CRE</strong> Finance Council<br />
Michael Flood, Deputy Executive Director, <strong>CRE</strong> Finance Council<br />
BANKER<br />
ROUNDTABLE<br />
page 8<br />
Moderators<br />
Lisa Pendergast, Executive Director, <strong>CRE</strong> Finance Council<br />
Stephanie Petosa, Managing Director, FitchRatings<br />
The Roundtable<br />
Clay Sublett, Sr. Vice President and Regional Executive, KeyBank<br />
Jay Wardlaw, Managing Director, Regions<br />
Peter D’Arcy, Area Executive, M&T<br />
Andrew Siwulec, Executive Vice President, PNC<br />
14. Our Expectations for the Coming Congress – Could Go Extra Innings<br />
Marty Schuh, Vice President, Legislative and Regulatory Policy, <strong>CRE</strong> Finance Council<br />
16. <strong>CRE</strong>FC Policy Outlook: Capital and Liquidity Remain Key Focus in 2017<br />
Christina Zausner, Vice President, Industry Policy and Analysis, <strong>CRE</strong> Finance Council<br />
20. What’s To Be Done about a Rule That Doesn’t Work? The <strong>CRE</strong> Finance Council Launches<br />
a High-Volatility <strong>CRE</strong> (HV<strong>CRE</strong>) Working Group<br />
David McCarthy, Director, Policy and Government Relations, <strong>CRE</strong> Finance Council<br />
Marci Schmerler, Shareholder, Carlton Fields<br />
Krystyna Blakeslee, Partner, Dechert LLP<br />
22. Challenges and Opportunities of Brexit: Where Do We Go From Here?<br />
Sean Donovan-Smith, Partner, Investment Management and Public Policy, K&L Gates<br />
24. Post Judgment Receiverships: A Creditor Tool to Collect on Judgment<br />
David Wallace, General Counsel, Trigild<br />
26. New National Standard for Reporting Rent Rolls Elevates Loan-Market Transparency<br />
Jim Flaherty, CEO, Backshop/CMBS.com<br />
27. Sharing the Experience-As co-Working Grows, the Office Isn’t Necessarily an Office Anymore<br />
Steve Jellinek, Vice President, Research, Structured Finance, Morningstar Credit Ratings<br />
Edward Dittmer, CFA, Vice President CMBS, Morningstar Credit Ratings<br />
Lea Overby, Managing Director of Research, Structured Finance, Morningstar Credit Ratings<br />
30. Market Disruptors—Commercial real estate: Innovations That Are Changing the Industry<br />
Lauren Foley, Financial Specialist, Federal Reserve Bank of Atlanta<br />
34. Lurking Behind the CMBS Maturity Wall in 2017, Interest Shortfalls<br />
Eric Thompson, Senior Managing Director, Kroll Bond Rating Agency<br />
Larry Kay, Director, Kroll Bond Rating Agency<br />
38. Benchmarking CMBS Maturity Performance and Loss Severities with an Eye Toward 2017<br />
Dennis Q. Sim, Director, S&P Global<br />
James M. Manzi, CFA, Senior Director, S&P Global<br />
Deegant R. Pandya, Senior Director, S&P Global<br />
Darrell Wheeler, Managing Director, S&P Global<br />
Previous issues of <strong>CRE</strong> Finance World<br />
are available in digital format on our website.<br />
41. The Las Vegas Metamorphosis – From Gaming to Entertainment Destination<br />
Stewart Rubin, Senior Director, New York Life Real Estate Investors<br />
46. Blockchain: The Future of Real Estate Finance?<br />
Lewis Rinaudo Cohen, Partner, Hogan Lovells<br />
Lee Samuelson, Partner, Hogan Lovells<br />
Hali R. Katz, Professional Support Lawyer, Hogan Lovells<br />
<strong>CRE</strong> Finance World Winter 2017<br />
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