“Flood of Capital” presented by The University of Chicago Booth School of Business Real Estate Alumni Group on November 5, 2015 at The University of Chicago, Gleacher Center, Chicago, IL. The Ninth Annual Real Estate Conference 2015.
Sponsored by Latham & Watkins LLC, LW.com (Providing strategic thinking and senior-level attention for innovative solutions to organizations’ most complex business issues.) Draper and Kramer, DraperAndKramer.com (Providing financial and property services in real estate primarily in property management and leasing, commercial mortgage, residential mortgage, and acquisitions and development.) Eastdil Secured, EastdilSecured.com (Providing the best-in-class services as the preeminent real estate investment banking firm for commercial real estate transactions ranging from single assets to large portfolios.) Equity Commonwealth, eqcre.com (Providing long-term value and aligning the interests of all stakeholders.) Ventas, Inc., VentasREIT.com (Providing superior long-term returns with assets and management of a portfolio of seniors housing communities, medical office buildings, skilled nursing facilities, hospitals and other properties.)
Jonathan Dingel is Assistant Professor of Economics and Catherine and Grant Swick Faculty Scholar, The University of Chicago Booth School of Business. Opening remarks provided by Philip G. Berger, Wallman Family Professor of Accounting and Deputy Dean of the Part-Time MBA Program, The University of Chicago Booth School of Business; Maria Giesemann ’11, Vice President, Jones Lang LaSalle, and Joseph L. Pagliari, Jr., Clinical Professor of Real Estate, The University of Chicago Booth School of Business.
Mr. Dingel studies international economics and urban economics. His research interests include geographic distributions of human capital, industries, and occupations. He received the 2014 World Trade Organization Essay Award for Young Economists. At Booth, he teaches Managing the Firm in the Global Economy. Previously, he taught international economics at the University of Oxford. He is a special sworn status researcher at the US Census Bureau and a member of the Urban Economics Association.
Professor Dingel joined the Chicago Booth faculty in 2014, after earning his Ph.D. in economics from Columbia University. He received an M.Phil. in economics with Distinction from the University of Oxford in 2008 and an honors B.A. in economics and political science from Gonzaga University in 2006.
Phil Berger's research interests are mainly in the areas of financial reporting and corporate finance. Some of the major themes addressed in his work include: (1) the valuation consequences of diversification strategies; (2) the use of financial statement data to value real options; (3) the impact of managerial entrenchment on corporate finance and financial reporting decisions; (4) the effects of disclosure on capital markets; (5) the motives for choosing opaque versus transparent financial reporting practices and (6) factors influencing R&D investment and financing decisions including the use of off-balance-sheet financing.
PREA's biennial James A. Graaskamp award was presented to Joseph L. Pagliari, Jr. at PREA's 25th Annual Institutional Investor Real Estate Conference on October 1st in San Francisco. His body of work embodies the very spirit of the Graaskamp Award which is given to recognize those persons who contribute to the common body of knowledge some practical insights gained through significant research.
Ms. Giesemann is a VP and Florida market lead for Jones Lang LaSalle's Development and Asset Strategy Group. Located in the Miami office, she is responsible for advising corporate clients, performing financial and development analysis, value leading value Inc. land and underutilized assets, and transacting acquisitions and dispositions.
Prior to joining Jones Lang LaSalle (JLL), Ms. Giesemann was a project manager in New York City for AKRF, Inc. and Philip Habib & Associates, both environmental and transportation consulting firms. She managed the transportation component for large projects such as Riverside Center, a 3 million square-foot mixed-use development in the West side of Manhattan and the redevelopment of Madison Square Garden. Ms. Giesemann also worked on international projects such as MGM’s planned Mirage Hotel and Conference Center in Mina Zayed, Abu Dhabi. She completed studies of environmental impact for over 20 projects within New York City. She is well-versed in entitlements as she spent five years leading real estate developers through the New York City land use and development public approval process.