Heavy hitters like Sam Zell, William Mack, Andrew Jonas and Charles Ratner gathered at the Pierre last Thursday to talk about the state of REITs in the Great Recession. It was the 15th annual REIT symposium, hosted by NYU’s Schack Institute for Real Estate.
(l-r) NYU School of Continuing and Professional Studies Dean Robert Lapiner; Wachtell, Lipton, Rosen & Katz partner Robin Panovka; Simon Property Group chairman and CEO David Simon; NYU Schack Institute Divisional Dean James P. Stuckey; and Wachtell, Lipton, Rosen & Katz partner Adam O. Emmerich. The symposium, entitled "The Geometry of Recovery – Are REITs the Solution?,” was held at the Pierre Hotel on March 11.
NYU Schack Institute Divisional Dean James Stuckey presented the Visionary Award to Simon Property Group chairman and CEO David Simon.
Host Hotels & Resorts president and CEO W. Edward Walter; ProLogis CEO Walter C. Rakowich; Kimco Realty Corporation vice chairman, president and CEO David B. Henry; Ventas, Inc. chairman, president and CEO Debra A. Cafaro; Public Storage, Inc. president and CEO Ronald L. Havner, Jr.; Walton Street Capital, LLC managing principal Neil G. Bluhm; and Goldman Sachs managing director Andrew J. Jonas, who moderated the panel.
(l-r) Cushman & Wakefield CEO Glenn J. Rufrano; Centerbridge Partners, LP principal William D. Rahm; Fried, Frank, Harris, Shriver & Jacobson partner Jonathan L. Mechanic; Morgan Stanley managing director Michael J. Franco; and Merrill Lynch & Co. head of real estate principal investments (Americas) Douglas W. Sesler, who moderated.
JPMorgan managing director Murray J. McCabe; Lazard Ltd. vice chairman of U.S. investment banking–head of real estate Matthew J. Lustig; Greenhill & Co., LLC managing director Richard J. Lieb; Green Street Advisors principal Michael F. Kirby; Goldman Sachs managing director Michael J. Graziano; and Morgan Stanley managing director and global co-head of Real Estate Investment Banking Guy A. Metcalfe, who moderated.
(l-r) Forest City Enterprises president and CEO Charles Ratner; Sunrise Senior Living, Inc. CEO Mark S. Ordan; AREA Property Partners global CFO and CAO Stuart F. Koenig; Liberty Property Trust chairman, president and CEO William P. Hankowsky; Highwoods Properties, Inc. president and CEO Edward J. Fritsch; W.P. Carey & Company president and CEO Gordon F. DuGan; and Barclays Capital managing director and head of M&A real estate Lisa E. Beeson, who moderated.
(l-r) Wesley Capital Management managing member Arthur M. Wrubel; ING Clarion Real Estate Securities CEO and CIO T. Ritson Ferguson; Morgan Stanley managing director Theodore R. Bigman; Pershing Square Capital Management L.P. founder and managing member William A. Ackman; and REIT Wrap’s David Shulman, who moderated.
(l-r) AREA Property Partners founder and chairman William L. Mack; Equity Group Investments, LLC chairman Sam Zell; Vornado Realty Trust chairman Steven Roth; and Wachtell, Lipton, Rosen & Katz partner Robin Panovka, who moderated.