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California  + Bay Area  + Finance  | 

Connect San Francisco Top Lenders & Capital Markets: Investing in the Bay Area

Connect San Francisco brought hundreds of CRE professionals to the SPUR Urban Center for an afternoon of panels and an evening of networking and cocktails. The discussions covered such topics as major mega developments shaping the skyline, investment in the Bay Area, and the creation of communities. Here are the highlights of Top Lenders & Capital Markets: Investing in the Bay Area panel.

HFF’s Charles W. Halladay led the panel in discussing current risk in the market, and its effects on deal-making today.

  • RealtyShares’ Bill Lanting had expected a natural correction to take place in 2018-2020, but no longer thinks that’ll be the case.
  • Lone Oak Fund’s Alexa Mizrahi is “ultra conservative” because construction financing is hard to obtain today, and both interest rates and construction costs are rising.
  • City National Bank’s Charlie McGann says there is far more equity in deals today, when compared to 2016. With the Bay Area cap rates going low and driving prices high, it’s not about LTV or LTC ratios. Rather, cash flow is the biggest constraint.
  • UBS’ Rod Chu says that while the exit strategy is important to consider, it’s “equally or even more important to look at the going-in basis.”

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About Dennis Kaiser

Dennis Kaiser is Vice President of Public Relations and Communications for Connect Creative. Dennis is a communications leader with more than 40 years of experience including as a journalist and in corporate and agency marketing communications roles. He is responsible for Connect Creative’s agency client services and is involved in a range of initiatives ranging from public relations and content strategy, communications and message development, copywriting, media relations, social media and content marketing services. Prior to joining Connect Media in 2015, his most recent corporate communications roles involved leading a regional public relations effort across Southern California for CBRE, playing a key marketing role on JLL’s national retail team, and directing the global public relations effort at ValleyCrest (BrightView), the nation’s largest commercial landscape services company. He has worked on marketing communications assignments for such CRE companies as Blackstone/Equity Office, Carlyle, Caruso, Disney Resorts, GE Capital, Irvine Company, Hines, Howard Hughes Corp., Jeffries, Lennar, MGM, Marcus & Millichap, Prologis, Raleigh Studios, Simon, Starwood, Trammell Crow Company, Transamerica, UBS and Wynn Resorts. Dennis has also worked on communications and launch strategies for a number of consumer electronic, media and tech brands including SlingMedia, Channel Master, Deluxe Media Entertainment, BeIn Sports, EchoStar and Sprint. Dennis’s agency background included firms such as Off Madison Ave., Idea Hall and Macy + Associates. He has earned an outstanding reputation with organization leaders as a trusted advisor, strategic program implementer, consensus builder and exceptional collaborator. Dennis has developed and managed national communications programs for Fortune 500 companies to start-ups, both public and private. He’s successfully worked with journalists across the globe representing clients involved in major-breaking news stories, product launches, media tours, and company news announcements. Dennis has been involved in a host of charitable and community organizations including the American Cancer Society, Easter Seals, Boy Scouts, Chrysalis Foundation, Freedom For Life, HOLA, L.A.’s BEST, Reach Out and Read, Super Bowl Host Committee, and the Thunderbirds Charities.

  • ◦Financing
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