Conference Agenda
Wednesday, June 03, 2009
3:15 PM
Registration Open
4:15 PM
Bond Buyer Welcome
4:30 PM
Keynote: The Armed Services ProjectsStatus Update and Facing the Credit Crisis
Joseph Sikes
Director, Housing & Competitive Sourcing
Office of the Secretary of Defense
5:30 PM
Keynote Address: Setting the Stage for Military Housing and Why We Should Engage
Dr. Lynda C. Davis
former Deputy Undersecretary of Defense for Military Community and Family Policy
Founder and CEO, See.Care.Do Institute
6:00 PM
Networking Reception
Sponsored by:
Thursday, June 04, 2009
7:45 AM
Registration Open
7:45 AM
Continental Breakfast in the Exhibit Area
8:45 AM
Co-Chairs' Welcoming Remarks
Philip Korot
Managing Director
Merrill Lynch & Co.
Jere Thompson
Partner
Ballard Spahr Andrews & Ingersoll, LLP
9:05 AM
Housing and the Quality of Life for Military Families
Ivan Bolden
Chief, Army Public/Private Initiatives Division
United States Army
Dee Geise
Chief, Soldier and Family Support Services
OACSIM
9:35 AM
Military Housing Demand in Context: The National Housing Landscape
- Trends in housing prices
- Comparison of housing market activity vs. location of military installations
- Rent vs. buy decision-making in a depressed housing market
Moderator:
Curtis Harris
Director
Merrill Lynch & Co.
Dr. Sam Chandan
President & Chief Economist
Real Estate Economics LLC
Carolyn Law
Principal
C. J. Law & Associates, LLC
10:15 AM
Military Housing Debt in the Current Market
- Spreads and why they are what they are
- Investor demand
- Ratings actions
- Appetite for uninsured transactions
- Opportunities to refinance
Moderator:
Karleen Strayer
Managing Director
National Public Finance Guarantee Corp.
Wendell Gaertner
Principal
Bank of America Merrill Lynch
Chetan Marfatia
Managing Director
Ambac Assurance Corporation
Florence Zeman
Senior Vice President
Moody's Investors Service
11:00 AM
Morning Networking Refreshment Break
Sponsored by:
11:30 AM
Changing the Game: How the Federal Government Can Attract New Demand to the Military Housing Sector
- Potential to leverage MILCON funding in the Stimulus Package
- New financial partnership models
- Attracting support from other agencies - FHA, Fannie Mae, Freddie Mac
Moderator:
Philip Korot
Managing Director
Merrill Lynch & Co.
Ivan Bolden
Chief, Army Public/Private Initiatives Division
United States Army
A.J. Caputo
Development Executive
Clark Realty Capital LLC
Jennifer Hill
Managing Director
Jones Lang LaSalle Inc.
12:30 PM
Luncheon & Keynote Address
GAO's Privatization Report to Congress
Sponsored by:
Brian Lepore
Director, Defense Capabilities and Management
GAO
2:00 PM
Portfolio Performance and Management
How are ratings downgrades, reduced BAH, rescoped projects, and difficulties in realizing sales proceeds dealt with as projects encounter problems?
Moderator:
John Gass
Senior Vice President
TriMont Real Estate Advisors
Michael Defferding
Executive Vice President
Forest City Military Communities
Antony Elkins
Executive Vice President & Chief Commercial Officer
Lend Lease Americas
Tad Guleserian
Executive Vice President
Pinnacle Development LLC
David Rozen
Vice President of Finance
Picerne Military Housing
Valerie White
Director
Standard & Poor's Rating Service
3:00 PM
Afternoon Networking Refreshment Break
Sponsored by:
3:30 PM
Finding Flexibility When Refinancing is Not an Option
Military housing planners and their private partners always recognized the importance of planning for unforeseen contingencies over the life of the projects' long-term leases. But did they adequately prepare for a toxic combination of developer failures and a capital-markets liquidity crisis that severely limits follow-on borrowing? How are existing projects weathering these uncharted waters, and what lessons can be incorporated into new deals to improve their flexibility in the event of future surprises?
Moderator:
Camilla Lindsey
Vice President & Business Sector Leader
Wells Fargo Bank, N.A.
Christopher Moriarty
Director
Barclays Capital
4:00 PM
Leveraging Appropriations for Additional Projects
- Senior personnel unaccompanied housing
- Barracks
- EUL
Moderator:
Jere Thompson
Partner
Ballard Spahr Andrews & Ingersoll, LLP
Cynthia Stephens
Chief Counsel
Air Force Housing Privatization Center of Excellence
Scott Forrest
Director, Special Venture Acquisition
Naval Facilities Engineering Command (NAVFAC)
Robert Helwig
Deputy Director for Housing
HCS, Office of the Secretary of Defense
Bob Penn
Assistant Chief, Real Estate Division
U.S. Army Corp of Engineers