Detailed Schedule

Tuesday, March 20
3:00pm - 5:00pm Registration Opens
Wednesday, March 21
7:30am - 6:30pm Registration
7:30am - 6:30pm Networking Room / Internet Cafe
8:00am - 11:15am Best Financial Practices Council (by invitation)
11:30am - 1:00pm General Counsel Luncheon (by invitation)
11:30am - 1:00pm Senior Financial Officer Luncheon (by invitation)
11:30am - 1:00pm Tax Directors Luncheon (by invitation)
1:15pm - 2:45pm Accounting Committee Meeting*

Steven Broadwater, SVP & CAO, Simon Property Group, Inc. 

Andrew Corsini, Partner, KPMG LLP
Louis DeFalco, Sr. Manager, PwC
Ross Prindle, Managing Director, Duff & Phelps
Patrick Scheibel, Sr. Manager, Deloitte LLP
Serena Wolfe, Partner, Ernst & Young LLP

  • Review of recent real estate transactions and valuation practices
  • Impact of pending legislation of financial reporting
  • Revenue Recognition Project
  • FFO reporting at 2011 year end
  • Financial Instruments Projects
3:00pm - 4:30pm Government Relations Committee Meeting*

Rohn Grazer, SVP & Director-Tax, Prologis, Inc.

Jeffrey Clark, SVP-Tax, Host Hotels & Resorts, Inc.
Adam Handler, Principal, PwC
David Richardson, Managing Director, KPMG LLP
Daniel Tucker, VP-Tax, Plum Creek Timber Company, Inc.
Thomas Yeates, Executive Director, Ernst & Young LLP

  • IRS audit activity
  • Legislative update
  • FATCA regulations
  • Repair regulations
  • SEC issues
4:30pm - 6:00pm Insurance Committee Meeting*
  • What you need to know about your upcoming property & liability insurance renewals
  • Using captive insurers to reduce the cost of terrorism insurance
  • Insurance litigation trends affecting real estate
4:45pm - 6:00pm State and Local Tax Subcommittee Meeting*

Sam Melehani, Partner, PwC

Pia Ackerman, SVP-Tax, Ashford Hospitality Trust, Inc.
Nabil Andrawis, EVP & Director-Taxation, Lexington Realty Trust
David S. Turzewski, Parter, KPMG LLP
Steven Wlodychak, Principal, Ernst & Young LLP

  • Recent developments in state legislation, regulations and audits
  • Choice of entity and unitary filing: selected jurisdictions
  • State nexus through pass-through entities
  • Unexpected local taxes
6:00pm - 7:30pm Opening Reception
*Open to all REITWise Registrants
Thursday, March 22
7:30am - 4:00pm Registration
7:30am - 4:00pm Networking Room / Internet Cafe
7:30am - 9:00am Continental Breakfast
8:00am - 9:30am Opening General Session: State of the Capital Markets

Steven Wechsler, President & CEO, NAREIT

Scott Schaevitz, Chairman-Americas Real Estate IBD, Barclays Capital

Kenneth Chang, Managing Director, Barclays Capital
Jon Cheigh, Portfolio Manager, Cohen & Steers Capital Management
Michael Knott, Managing Director-Office & Self-Storage, Green Street Advisors, Inc.
Ted Rollins, Co-Chairman & CEO, Campus Crest Communities
Brian Summers, CFO, DRA Advisors LLC

  • Sources of capital
  • M&A possibilities
  • How to grow in the current environment
  • Expanding the investor base
  • IPO outlook
9:30am - 9:45am Networking Break
9:45am - 11:00am Concurrent Session 1: Financial Reporting Hot Topics

Heidi Roth, SVP, CAO & Controller, Kilroy Realty Corporation

Steven Jacobs, Partner, Ernst & Young LLP
Janet Menko, Director-GAAP Center of Excellence, Forest City Enterprises, Inc.
Mark Skomal, SVP, CAO & Controller, DCT Industrial Trust Inc.
  • Condorsement
  • SEC Comment letters
  • XBRL
  • Reporting FFO
9:45am - 11:00am Concurrent Session 2: Tax Planning for US REITs Investing Abroad

Jeffrey Clark, SVP-Tax, Host Hotels & Resorts, Inc. 

Joseph Howe, Partner, Arnold & Porter, LLP
Jennifer Xiao, VP-Tax, Digital Realty
Bartjan Zoetmulder, Partner-Tax, Loyens & Loeff N.V.

  • Subpart F and PFIC issues
  • Proper and efficient use of treaties/holding company structures
  • Tax accounting issues
  • Repatriation of trapped cash
9:45am - 11:00am Concurrent Session 3: Public Non-listed REITs

Nathan Headrick, Chief Compliance Officer & Corporate Counsel, CNL Lifestyle Properties, Inc.

Judith Fryer, Shareholder, Greenberg Traurig, LLP
Kimberly Smith, General Counsel-Capital Markets, Cole Real Estate Investments
Rosemarie Thurston, Partner, Alston & Bird LLP

  • FINRA Regulatory Notices 11-44 and 12-14
  • SEC disclosure policy of per share valuations
  • Market impact of NAV REITs
  • Sales literature issues
9:45am - 11:00am Concurrent Session 4: Roundtables
  Residential REITs
Discussion Leaders:
Howard Garfield, CFO, CAO & Treasurer, Behringer Harvard Multifamily REIT I
Andrew Higdon, VP-SEC Reporting & Accounting Standards, Apartment Investment & Management Company

  • Will the good times continue?
  • GSE reform
  • Constuction activity
  Mortgage REITs 
Discussion Leaders:
Stuart Rothstein, CFO, Apollo Commercial RE Finance, Inc.
Andrew Sossen, EVP, General Counsel & COO, Starwood Property Trust, Inc.
Stewart Zimmerman, Chairman & CEO, MFA Financial, Inc.

  • SEC's 1940 Act Concept Release
  • Yield curve opportunities and pitfalls
  • Impact of GSE Reform
  Timber REITs 
Discussion Leaders:
Thomas Smith, VP & Director-Taxes, Weyerhaeuser
Scott Winer, VP-Taxes, Rayonier Inc.

  • Tree Act provisions
  • Private letter rulings
  • Biomass
11:00am - 11:15am Networking Break
11:15am - 12:30pm Concurrent Session 1: Anatomy of Ventas’ Acquisitions of Atria and NHP

Wiliford Schlumberger, Executive Director, J.P. Morgan

Kristen Benson, VP-Sr. Securities Counsel, Ventas, Inc. 
Joseph Lambert, VP-Transactions Counsel, Ventas, Inc. 
Brian Wood, SVP-Tax, Ventas, Inc.
Serena Wolfe, Partner, Ernst & Young LLP
  • Tax & structuring issues
  • Change of control issues
  • Securities law matters
  • Accounting and reporting issues
11:15am - 12:30pm Concurrent Session 2: State and Local Taxes

Joshua Cox, Director-Tax, Tanger Factory Outlet Centers, Inc.

Wendy Aberwald, VP-Tax, Wells Real Estate Investment Trust II, Inc.
James Helmus, Managing Partner, The Helmus Group
Michele Randall, Director, Deloitte Tax LLP
Stephen Ryan, Partner-State & Local Tax Services, Grant Thornton LLP
  • Transfer taxes
  • UPREITs, tiered structures and disregarded entities
  • Sales and use tax issues
  • State/local issues affecting mortgage REITs
11:15am - 12:30pm Concurrent Session 3: Roundtables
  Cash Management/Treasury Best Practices
Discussion Leaders:
Robert Barrasso, VP-Property Accounting, Boston Properties, Inc.
Peter Frank, Director-Corporate Treasury Solutions, PwC

  • Optimizing liquidity through better bank relationship management and account infrastructure
  • Improving cash flow forecasting
  • Trends in treasury and financial risk technology
  General Counsel Issues
Discussion Leaders:
Dawn Becker, COO & General Counsel, Federal Realty Investment Trust
J. Robert Fisher, VP-General Counsel & Secretary, Camden Property Trust
James J. Hanks, Jr., Partner, Venable LLP

  • Board of directors issues, including new ISS GRId 2.0
  • Trends in shareholder proposals
  • Regulating employees actions such as use of social media
12:30pm - 12:45pm Networking Break
12:45pm - 2:30pm Lunch General Session: State of the Commercial Real Estate Markets

Ron Donohue, President & Chairman of the Board, Hoyt Advisory Services
Jeffrey Fisher, Sr. Global Consultant-Real Capital Analytics & ARGUS Software & Co-President, Homer Hoyt Institute
2:30pm - 2:45pm Networking Break
2:45pm - 4:00pm Concurrent Session 1: Convergence Update

Christopher Drula, Sr. Director-Financial Standards, NAREIT

Gareth Lewis, Director-Finance, European Public Real Estate Association
Jayne Stewart, CAO, Annaly Capital Management, Inc.
Thomas Wilkin, Partner, PwC

  • Investment Property Entities
  • Investment Companies
  • Leases
2:45pm - 4:00pm Concurrent Session 2: Tax and Business Issues Surrounding the Evolving REIT

Thomas Robinson, Sr. Advisor-Investment Banking, Stifel Nicolaus Weisel

Donald Hammett, Partner, Locke Lord LLP
Gregory Imhoff, VP & Tax Counsel, Electric Infrastructure Alliance of America, LLC
David Levy, Partner-Tax, Skadden, Arps, Slate, Meagher & Flom LLP

  • Infrastructure
  • Media
  • OpCo/PropCo
  • New uses
2:45pm - 4:00pm Concurrent Session 3: Roundtables
  Latest in Information Technology
Discussion Leaders:
Joshua Herrenkohl, Leader-Real Estate Investor Services, Ernst & Young LLP
Mark Langer, EVP & CFO, Equity One, Inc.

  • Where is the industry heading from an IT and infrastructure standpoint?
  • How are current business and regulatory trends impacting back office requirements?
  • What are the current trends surrounding IT, shared services and outsourcing?
  • What steps does the industry and my company need to take in order to be prepared for the next 3-5 years?
  Flexible Work Arrangements
Discussion Leaders:
Beth Glassman, VP-HR, Brandywine Realty Trust
H. Lynn Stanfield, SVP-Tax, Apartment Investment & Management Company
Julie Yungmann, Director-Taxation, General Growth Properties, Inc.

  • Using green technologies to achieve efficiencies
  • Benefits and pitfalls of telecommuting
  • Non-resident and/or mobile employees: state tax issues
  • Managing employees with flexible work arrangements
Friday, March 23
7:30am - 12:15pm Registration
7:30am - 12:30pm Networking Room / Internet Cafe
8:00am - 9:15am Breakfast General Session with Dave Barry

Dave Barry, Pulitzer Prize winner and humor columnist
9:15am - 9:30am Networking Break
9:30am - 10:45am Concurrent Session 1: SEC Legal Developments

Gil Menna, Partner & Co-Chair-Real Estate & Real Estate Capital Markets Practice, Goodwin Procter LLP

Scott Hodgkins, Partner, Latham & Watkins LLP 
Michael McTiernan, Assistant Director-Division of Corporation Finance, U.S. Securities and Exchange Commission
Thomas Morey, SVP & General Counsel, Washington Real Estate Investment Trust

  • Structuring various methods for raising equity capital
  • Recent developments on REIT 10-K and IPO disclosure issues
  • Magic Page presentation issues
  • Updates on "Say on Pay"
9:30am - 10:45am Concurrent Session 2: The Treasury Speaks

Craig Stern, SVP-Tax & Compliance, Vornado Realty Trust

Michael Novey, Associate Tax Legislative Counsel, United States Department of the Treasury
David Silber, Branch Chief-FIP Branch 2, Internal Revenue Service
Jonathan Silver, Assistant to the Branch Chief-FIP Branch 2, Internal Revenue Service

  • Review of recent significant rulings
  • Best practices in obtaining a PLR
  • Administration tax policies impacting real estate
9:30am - 10:45am Concurrent Session 3: Roundtables
  Office/Industrial REITs
Discussion Leader:
Michael Comer, SVP & CAO, First Potomac Realty Trust
Jason Maxwell, Corporate Counsel, Hines Real Estate Investment Trust, Inc.

  • Legal and accounting issues in negotiating purchase/sale agreements and joint venture agreements
  • Survivability of reps/warranties
  • Contingent liabilities and consideration
  • Buy/sell analysis
  • Emerging "customary" services in office/industrial space
  PCAOB Update
Discussion Leaders:
Adam Reuille, Director-Corporate Financial Reporting, Simon Property Group, Inc.
Kevin Richards, Partner, Deloitte LLP

  • Mandatory audit firm rotation
  • Audit committee independence
  • Risk assessment
  • Entity level controls
10:45am - 11:00am Networking Break
11:00am - 12:15pm Concurrent Session 1: REIT Tax Technical Panel

James Sowell, Principal, KPMG LLP

A. Cristina Arumi, Partner, Hogan Lovells US LLP
Marikay Klank, VP-Tax, Equity Office Properties
Charles Temkin, Director, Deloitte Tax LLP
Shari Thakady, Director-Tax, Ramco-Gershenson Properties Trust

  • TRS issues
  • Ownership waivers and related ownership tests
  • Newly-formed and lower-tier REITs
  • UPREIT issues
11:00am - 12:15pm Concurrent Session 2: Lessons Learned from Canada’s Adoption of IFRS

Glenn Cohen, EVP, CFO & Treasurer, Kimco Realty Corporation

Nancy Anderson, VP-Financial Reporting, Real Property Association of Canada
Raghunath Davloor, EVP, CFO & Corporate Secretary RioCan
Heather Kirk, Director-Real Estate Equity Research Analyst, National Bank Financial
Tom Rothfischer, Partner-Audit & GTA Real Estate Industry Leader, KPMG LLP
  • Principles-based accounting?
  • Key differences between US GAAP and IFRS
  • How to prepare for convergence
  • How did investors respond?
11:00am - 12:15pm Concurrent Session 3: Roundtables
  Health Care REITs
Discussion Leaders:
Pamela Kessler, EVP & CFO, LTC Properties, Inc.
Jeffrey Miller, EVP-Operations & General Counsel, Health Care REIT, Inc.
  • RIDEA Opportunities and Issues
  • Accounting issues and challenges with development opportunities
  • Brave new world of accountable care organizations
  • Trends in cap rates
  Retail REITs
Discussion Leaders:
Steven Adler, Director-Taxation, Acadia Realty Trust
Lisa Indest, SVP-Finance & Accounting, Glimcher Realty Trust

  • Competing with Internet sellers
  • Opportunities and hardships due to tenant bankruptcies
  • Designing the perfect tenant mix
12:15pm Program Concludes