Alternative Investments, NYSSA Investment Strategy Roundtable®

5th Annual Real Estate Outlook: Opportunity Zones

April 25, 2019 | 5:30 PM - 8:00 PM

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Overview

The Opportunity Zone program was devised as an investment tool established by Congress to encourage long-term private investments in economically distressed communities. The national program provides significant tax incentives for investors to defer existing capital gains tax for up to seven years and potentially eliminate new capital gains tax altogether.

As investment cap rates are hovering around record lows in the urban cores, especially in the cities along the coasts, the timing of a program designed to encourage investments in oft-overlooked areas and “flyover cities” could not have been more appropriate. Since its passage in late 2017, the program has received significant attention from investors, developers, money managers, city officials and urban planners nationwide. Despite the tremendous activity, many challenges lay ahead as the kinks of the tax laws get ironed out from both an investment perspective and a fundraising standpoint and as investors weigh the risk of emerging markets against the potential upside. Join us for the Fifth Annual Real Estate Outlook for a lively discussion with investors, developers and money managers who are at the frontier of this real estate gold rush.

Agenda

5:00 PM | REGISTRATION 

5:30 PM | WELCOMING REMARKS

Anthony Liu, CFA, Director, Acquisitions and Development, Hines

5:45 PM | OPPORTUNITY ZONE TAX OVERVIEW

Po Sit, Partner, Davis Polk & Wardwell LLP

6:00 PM | PANEL DISCUSSION

Moderator

Patrick Nessenthaler, CFA

Panelists

Starling Cousley, CFA, Managing Partner, Revolution

Inna Khidekel,CFA, Partner, Bridge Investment Group

Po Sit, Partner, Davis Polk & Wardwell LLP

Nick Marietti, Managing Director, Cresset Real Estate

7:15 PM | CLOSING REMARKS

Kris Thiessen, CFA, CAIA, EA, Founder & Managing Partner, Helix Management

7:30 PM | NETWORKING & CATERED RECEPTION

Additional Details

Learning Outcomes

  • Meet and learn from the industry-leading experts on the latest trend in real estate investments
  • Learn about the various strategies developers are implementing to fundraise for their funds and capitalize deals
  • Gain a strong understanding of the tax program overview
  • Network with fellow CFA members and other investors who are interested in Opportunity Zones

Sponsorship Overview

For over 80 years, CFA Society New York—formerly known as New York Society of Security Analysts (NYSSA)—has been a leading forum for the exchange of information among investment professionals. Our mission is to raise standards of practice in the industry for the ultimate benefit of society. Towards that goal, CFA Society New York content is curated by volunteer practitioner interest groups that strive to shape the future of the industry. A bold line exists between the financial support by organizations to maintain the quality of our programming and the selection of speakers who contribute to dialogue in our community. To that end, a ceaseless commitment to transparency is something we consider foundational to our cause.

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Inclement weather

CFANY reserves the right to cancel or reschedule all in-person events within 48 hours when inclement weather has been forecasted and travel is restricted by city officials.  The program may also be produced solely via livestream in such circumstances.  Please note the cancellation policy regarding refunds and substitutions.

Refunds, Cancellations, and Substitutions

  • 72 HOURS ADVANCED NOTICE OR MORE:
    • Full refund issued
  • WITHIN 48 HOURS OR AFTER EVENT HAS STARTED:
    • No refund

All requests for cancellation or refunds must be sent to seminars@cfany.org.

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