newsletter Monday, April 2nd 2007 Inside Announcements NAIOP Golden Shovel Challenge – Volunteer Now and Attend the Luncheon for Free *NEW* Rebuilding Together with BREC & BREAA *NEW* Fisher Center's Policy Advisory Board Meeting in Pebble Beach *NEW* Days at Haas I and II – Volunteers needed! Professionals-in-Residence Program – Confirmed Participants Upcoming BREC Organized Events: o April 11 - Real Estate Spring Course Information Session o April 12 - BREC Green Developer Speaker Series – April Featured Speaker – Katy Holbacher of Build It Green Upcoming Industry Organized Events: o April 3 - ULI The Dynamics of Real Estate Capital Markets - The Past, Present and Future of Real Estate Financing o April 4 - ULI Brown Bag Lunch – Raising Equity Capital for Your Project or Association – What to Look For and What to Avoid *NEW* o April 23 - ULI Green Trend Series – A Different Shade of Green – When Does Green Turn into Gold? *NEW* NAIOP Golden Shovel Challenge – Volunteer Now and Attend the Luncheon for Free Wednesday, May 2 11:15-1:00pm Location: Four Seasons Hotel, San Francisco Join us at the 18th Annual Real Estate Challenge luncheon as UC Berkeley heads off against Stanford. This year we have Sarah Diegnan, Chris Flick, Andrew Gee, Anuj Jenveja and Jesse Nelson representing our school. The competing teams will their plans for the redevelopment of the Solano County Fairgrounds at a luncheon and special presentation on Wednesday, May 2. The winning team will take home the highly coveted prize and symbol of The Challenge, the Golden Shovel. A $2,000 check in the winning team's name will also be donated to Challenge for Charity courtesy of The Mechanics Bank. NAIOP needs student volunteers for this event. Volunteers will be entitled to attend the event for free. Note that only members of NAIOP will be allowed to register as volunteers. If you are not already a member, you can sign up for the low student rate of only $20 at www.naiopsfba.org. Please email Jesse_Nelson@mba.berkeley.edu if you are interested in volunteering for the event. Rebuilding Together with BREC & BREAA Sign up now to participate in an outstanding community service event as BREC and BREAA partner to work with Rebuilding Together Oakland’s neighbor-helping-neighbor team as we work to transform homes and community facilities this April. We will be hauling, painting, fixing countertops and plumbing. Energy provided, we may even head out for drinks after the event. Below is brief information about the event. There’s also a fun photo from last year’s group on the RTO website: http://www.rebuildingtogetheroakland.org/pages/programs.html#april. If you are interested in participating, please e-mail Jesse_Nelson@mba.berkeley.edu. When: Saturday, April 28 What time: Check-in is between 8:00 and 8:30; expect to work until 5:00 What to Wear: Wear work clothes (something you don’t mind getting dirty) and sensible shoes (no open toes). Rebuilding Together Oakland will provide gloves, safety goggles, any tools and materials you may need. When you register, you will be given a t-shirt to identify you as a volunteer. Fisher Center's Policy Advisory Board Meeting in Pebble Beach Reminder that the Fisher Center’s Policy Advisory Board Spring Meeting will be held between April 18-20. The final list of attendees will be announced by the end of this week. There will be a mandatory meeting for attendees on April 9. Please contact Cathy Gessert at firstname.lastname@example.org if you have questions or want more information. Days at Haas I and II – Volunteers Needed! Volunteer to help with Days at Haas, April 12-14 and May 3-5. BREC will have a table during the Career Fair and will also be participating in the Consumption Function on April 13. There might also be an opportunity to participate in a career panel. Please contact Cathy Gessert (email@example.com) if you are interested in helping out. Professionals-in-Residence Program Confirmed participants for the PIR program: April 6th - 9am-12:15pm - Ken Dupee, Partner, TMG Partners April 13th - 9am-12:15pm - Bob Lewis, Director, BlackRock April 27th - 9am-12:15pm - Randy Koss, Executive Director, Morgan Stanley Deadline for signing up has passed. Please contact Geoff (firstname.lastname@example.org) or Dave (email@example.com) to check availability. Upcoming BREC Organized Events: Real Estate Spring Course Information Session Wednesday, April 11 12:45-14:00pm Location: C320 If you're a second year -- we'd love your help. Please let me know if you think you can come so that I know we'll have enough collective wisdom. Also, if you're in a non-Haas program, please come! Your insights are extremely helpful, and there will be helpful information for you as well. Contact Jacob Heitler at firstname.lastname@example.org if you have any questions. BREC Green Developer Speaker Series – April Featured Speaker – Katy Holbacher of Build It Green Thursday, April 12 18:00 – 20:00pm Location: Pacific Energy Center, 851 Howard Street, San Francisco CA 94103 The event is free and open to the public, but space is limited so please RSVP to email@example.com to reserve your spot. Upcoming Industry Organized Events: ULI The Dynamics of Real Estate Capital Markets - The Past, Present and Future of Real Estate Financing Tuesday, April 3 4:00-5:30pm, reception following 5:30-6:30pm Location: Hyatt Regency Hotel, Bayview Room, 5 Embarcadero Center, San Francisco Keynote Speaker Buzz McCoy, President, Buzz McCoy Associates, Inc. Panelists James Klingbeil, Chairman and CEO, Klingbeil Capital Management James Curtis, Principal, Bristol Group Jeffrey Weber, Senior Managing Director, Eastdil Secured Stay a step ahead of market cycles by understanding what has happened in the past. Join us as Bowen “Buzz” McCoy shares his experiences and industry insight from his new book The Dynamics of Real Estate Capital Markets: A Practitioner’s Perspective. Spanning four decades, from the 1970’s through 2006, this collection of Mr. McCoy’s essays chronicles the dynamic changes in real estate financing from the viewpoint of a practitioner and industry leader who was making real estate deals throughout the period. A panel of leading experts will respond to Mr. McCoy’s findings and offer their own perspective on such topics as securitization issues, globalization, real estate as a maturing asset class, and the future of capital markets. As one of the first industry leaders to emphasize ethics in real estate and to bring women on to his team, Buzz McCoy is a true pioneer. National Real Estate Investor magazine has named him one of the “real estate icons” of the 20th Century for his ground-breaking work linking real estate financing to capital markets. In California, Mr. McCoy is perhaps best known for his efforts to revamp the CalPERS investment decision-making system. Professionally, Mr. McCoy has served as the former president of both Morgan Stanley Realty and the Counselors of Real Estate and currently serves as a life trustee of ULI. Mr. McCoy presently operates Buzz McCoy Associates in Los Angeles, where he conducts a consulting business along with his philanthropic, teaching, and writing activities. His next book, Living into Leadership: a Journey in Ethics will be available beginning in March. A copy of Mr. McCoy’s book will be included with registration. To register: http://www.uli.org/register/index.cfm?id=2411 More information: http://www.uli.org/events/index.cfm?id=2411 ULI Brown Bag Lunch – Raising Equity Capital for Your Project or Association – What to Look For and What to Avoid Wednesday, April 4 12:00-1:30pm Speaker: Tony Avila, Managing Director, JMP Securities Location: CB Richard Ellis, 101 California Street, Suite 4400, San Francisco, CA 94111 Though the capital markets are flooded with unprecedented amounts of capital, raising equity for your project or acquisition is more challenging and complicated than you think. Tony Avila of JMP Securities will lead the discussion and offer his insights on how to structure an equity raise effectively and equitably. What are the sources of equity to tap into in the capital markets? What kind of partner fits best for your project? What are standard return and promote structures given specific product types? What pitfalls should you avoid when raising capital? What resources are available in the marketplace that can assist you in this process? These and other questions will be addressed in this lively discussion that will be sure to shed light on this crucial step in the development/acquisition process. To register: http://www.uli.org/register/index.cfm?id=2431 More information: http://www.uli.org/events/index.cfm?id=2431 ULI Green Trend Series – A Different Shade of Green – When Does Green Turn into Gold? Monday, April 23 4:00-5:30pm, reception following Location: Hyatt Regency Hotel, Bayview Room, 5 Embarcadero Center, San Francisco “Green” is the current buzzword in the development industry as panel discussions and entire conferences form on the subject. What are the specifics of this rapidly emerging trend? What are the considerations for producing a triple bottom line? Where do the lines cross between properties designated with an Energy Star rating vs. those with LEED (Leadership in Energy and Environmental Design) certification? How are investors evaluating such products? Why is Google championing the green cause? When does green turn into gold? Join us for an indepth discussion of the practical opportunities and challenges surrounding green development. Our panel of leading experts will address these questions and more in a comprehensive look at the different shades of green. Moderator Alan Pontius, National Director, National Office and Industrial Properties Group, Marcus & Millichap Panelists Jay Bechtel, Real Estate and Construction Project Manager, Google, Inc. Gary Holtzer, Vice President, Hines Ashley Powell, Director of Development, RREEF Kirsten Ritchie, Director of Sustainable Design, Gensler To register: http://www.uli.org/register/index.cfm?id=2457 More information: http://www.uli.org/events/index.cfm?id=2457 BREC Website Link: http://www.berkeleyrealestateclub.org The Berkeley Real Estate Club Newsletter is a news service provided by the Berkeley Real Estate Club. Please direct all questions, comments, and future news items to Patricia Cheung, Vice President of Communications at firstname.lastname@example.org.