NCREIF Summer Conference 2018 - Digital and Logis c Disruptors in Retail Property Investment: Megalytics

Charlotte, NC
                    June 19-22
NCREIF Summer Conference 2018
Digital and Logis c Disruptors in Retail Property Investment:
                  How to manage the Risk

Overview Agenda
Tuesday, June 19                                                             Thursday, June 21
 9:00am— 5:00pm    Performance Returns Calculations Seminar                   7:00am— 8:15am     Breakfast
10:00am— 2:00pm    Ambassadors Meeting (invitation only)                      8:30am— 5:00pm     Committee Meetings and Joint Sessions Continue
12:00pm— 1:00pm    Seminar Student Luncheon                                  12:00pm— 1:15pm     Luncheon
 2:00pm— 9:00pm    NCREIF Board of Directors Meeting and Dinner               1:30pm— 2:45pm     General Session—Disruption: Owner Perspective”
 4:30pm— 6:30pm    Reporting Standards Council & Board Meeting (closed)       4:00pm— 5:00pm     Closing General Session—“What the Heck is a
                                                                                                 Blockchain: Applications for Real Estate”
Wednesday, June 20                                                            5:15pm—10:00pm     Closing Reception at the Hotel
 7:30am— 9:00am    Breakfast Available
 8:30am—10:15am    Daily Pricing Committee Meeting (Open to all at 9:15am)   Friday, June 22
 8:30am—10:15am    Information Management Committee Meeting (Open to all)     8:00am— 9:00am     Breakfast
10:30am—12:00pm    Kick-Off General Session—Leadership Forum                  8:00am—10:00am     Committee Chair Planning Meeting
12:00pm— 1:15pm    Luncheon (Also Committee Chair Luncheon Meeting)
12:00pm— 1:15pm    New Attendees Orientation Luncheon with the Ambassadors
 1:30pm— 2:45pm    General Session—”Disruption: Retailer Perspective”
 3:00pm— 5:00pm    Committee Meetings Begin—Accounting, Farmland,
                   Performance Measurement, Research, and Valuation
 6:00pm—10:00pm    Welcome Evening Event

                                                                                    Digital and Logis c Disruptors in Retail
                                                                                             Property Investment:
 Charlotte is the home of NASCAR!
                                                                                            How to manage the Risk

Tuesday, June 19
 Tuesday, June 19—Agenda
  9:00am—     5:00pm      Performance Returns Calculations Seminar—Separate Fee (see details below)
 10:00am—     2:00pm      Ambassadors Meeting (invitation only)
 12:00pm—     1:00pm      Seminar Student Luncheon
  2:00pm—     9:00pm      NCREIF Board of Directors Meeting and Dinner
  4:30pm—     6:30pm      Reporting Standards Council & Board Meeting (closed)

 Performance Returns Calcula ons Seminar—Instructor: Joe D’Alessandro, NCREIF Director of Performance Measurement
 The release of the AIMR (now GIPS) Standards in 1993 was the first step in the standardiza on of real estate performance returns. However, the GIPS Stand-
 ards provided guidance primarily on presenta on and disclosure, and very li le on the calcula on of real estate performance. The Real Estate Informa on
 Standards (1995) furnished performance measurement calcula on standards through the presenta on of industry-standard formulas and related guide-
 lines. The release of the NCREIF Performance Returns Workbook followed in 1996, providing more detail and prac cal guidance on the calcula on process, in-
 cluding explana ons of the inputs to the standard formulas, sample Excel spreadsheets for performing the required calcula ons, data sources and suggested
 calcula on techniques for various situa ons.
 The Calcula on of Real Estate Performance Returns Seminar steers the par cipant through the Workbook. The Workbook provides the user with spreadsheet
 templates and explanatory narra ve; the Seminar is a hands-on journey through those templates, with detailed discussions of the narra ve and the spread-
 sheets.
 Si ng at individual computers and working with Excel spreadsheet templates, the class reviews the inputs, formulas and calcula ons that generate the Invest-
 ment-Level and Property-Level returns used in today’s ins tu onal real estate environment. Each formula is examined and the inputs reviewed. The linking
 process that produces mul -period returns is explained and demonstrated. Finally, recommended guidance for a variety of return scenarios is presented and
 discussed.
 The last hour of the seminar will include advanced excel techniques to make your work more efficient, more fun and
 more impressive. These ps and tricks will help you analyze the volumes of returns and data that you work with eve-
 ryday. Specifically, we will learn ways to organize your spreadsheets, excel formulas for calcula ng returns and pivot
 tables and pivot charts for slicing, dicing and viewing the data. Excel is a powerful tool, so let’s learn how to leverage
 it to make our jobs more crea ve and more produc ve.
 The Calcula ons of Real Estate Performance Returns Seminar is recommended for anyone responsible for the
 calcula on, review, or repor ng of me-weighted real estate returns.

Wednesday, June 20
Wednesday, June 20
 7:30am— 9:00am         Breakfast Available
 8:30am—10:15am         Daily Pricing Committee Meeting (Open to all at 9:15am)
 8:30am—10:15am         Information Management Committee Meeting (Open to all)
10:30am—12:00pm         Kick-Off General Session—Leadership Forum
12:00pm— 1:15pm         Luncheon (Also Committee Chair Luncheon Meeting)
12:00pm— 1:15pm         New Attendees Orientation Luncheon with the Ambassadors
 1:30pm— 2:45pm         General Session—”Disruption: Retailer Perspective”
 3:00pm— 5:00pm         Committee Meetings Begin—Accounting, Farmland, Performance Measurement, Research, Valuation
 6:00pm—10:00pm         Welcome Evening Event

Today’s General Sessions
Leadership Forum—This conference kick-off session is a great opportunity to receive highlight updates from the leadership of NCREIF’s Staff, Board, Commi ees,
Repor ng Standards Council, and Global Steering Commi ee.

Luncheon General Session – “Disrup on: Retailer Perspec ve” A peek behind the curtain as to what is really going on within the retail industry, tenants, and
mall opera ons.
        Moderator: Bill Ramseyer – NCREIF Ambassador
        Panelists: John Auber – President, The Auber Group; and Jodie McLean – CEO, Edens; Dana Telsey – CEO and Chief Research Officer, Telsey Advisory Group

Commi ee Mee ngs
In addi on to general sessions, NCREIF has several discipline or focus-specific standing commi ees that meet during every NCREIF conference—Accoun ng,
Daily Pricing, Farmland, Informa on Management, Performance Measurement, Plan Sponsor, Research, Timberland and Valua on.

Our commi ee mee ngs are open to everyone and a endees are encouraged to move around between commi ees throughout the day if various topics are of
interest to you. Please note that we strongly recommend speaking up and par cipa ng during commi ee mee ngs. We come together to SHARE ideas and infor-
ma on vs. a lecture format. These mee ngs are meant to be open and interac ve. Each commi ee is working on their final agenda but here are some of the
topics that will be discussed:

        - Performance Technology—Reviewing current so ware and other technologies being used for performance measurement and repor ng.
        - Regulatory Issues—Receive updates on GIPS, the SEC (as it pertains to performance), Repor ng Standards, and Data Governance.
        - Argus Enterprise—Discussion regarding AE version control troubleshoo ng.
        - Charlo e Capital Markets Overview
        - Roundtable discussion on the NCREIF returns and outlook.
        - Accoun ng Topics—Ground Lease Financial Statement Disclosure; Treasury Management Update; Fees and Expense Ra os; Gross vs Net Financial Stmts.

Thursday, June 21—Friday, June 22
 Thursday, June 21
  7:00am— 8:15am        Breakfast
  8:30am— 5:00pm        Committee Meetings and Joint Sessions Continue
 12:00pm— 2:45pm        Luncheon and General Session—”Disruption: Owner Perspective”
  4:00pm— 5:00pm        Closing General Session—“What the Heck is a Blockchain: Applications for
                        Real Estate”
  5:15pm—10:00pm        Closing Reception at the Hotel

 Today’s General Sessions
 Luncheon General Session – “Disrup on: Owner Perspec ve”
        Moderator: Christopher Gerlach—ICSC
        i. Malls: John Buza—Morgan Stanley Prime Property Fund
        ii. High Street: TBA

 Closing General Session—“What the Heck is a Blockchain: Applica ons for Real Estate” This session will discuss why people are saying that blockchains may be
 disrup ve for the real estate industry. We will explore applica ons such as storing property ownership on a blockchain to issuance of property backed tokens
 through an ini al coin offering (ICO).
         Moderator: Jeff Fisher—NCREIF Research Advisor
         Guest: Kevin Shtofman, Na onal Blockchain Lead—Real Estate—Deloi e

 Joint Commi ee Session

 There are presenta ons during commi ee mee ngs that are of interest to other commi ees, and the commi ees will come together for those sessions and are
 considered “Joint Commi ee Sessions.” The only difference between these sessions and a general session is that there might be some commi ees that do not feel
 the session pertains to their discipline and choose not to par cipate in the session. Below is one of those sessions being held today:

 10:45am—12:00pm: “Disrup on: Understanding and Managing the Risk” (Performance Measurement, Research and Valua on are par cipa ng)
        Moderator: Kurt Edwards—UBS
        i. Overview of cu ng edge analy cs to monitor and manage risk (Por olio, Property, and Tenant levels)
        ii. Panel: Reviewing the prac cal uses of analy cs in Retail Inves ng. Panelists: Tom Chin – Telsey Advisory Group; TBA – Green Street; TBA – Megaly cs

 Friday, June 22
  8:00am— 9:00am        Breakfast
  8:00am—10:00am        Committee Chair Planning Meeting, Task Force Working Meetings and Departures

Hotel and Conference Registration
                                         Westin Charlotte                 NCREIF has secured a group rate of $219 per night.
                                         601 S. College St.               Group Rate Cutoff Date is Wednesday, May 30
                                         Charlotte, NC 28202              Note! Once the room block has been filled, whether it is pri-
                                         866-837-4148                     or to May 30 or not, rooms will be booked based upon
                                         Click Here to Book Online        space/rate availability so PLEASE book early!

Conference Registration Fees—if registered prior to June 13
(Fees include all Social Events)
Tuesday’s Education Program—Plan Sponsor Rate $100
Tuesday’s Education Program—Non Plan Sponsor Rate $375
Conference Registration—Plan Sponsor Rate $100
Conference Registration—Non Plan Sponsor Rate $1,125

Note! There will be an additional $100 fee for all registrants after June 13.

Click Here to Register for the Conference

Contact us with any questions at:          NCREIF Conferences offer a unique mix between discipline-specific
Info@NCREIF.org                            committee meetings, high-level general sessions, networking opportunities
                                           with your industry peers, and knowledge transfer between seasoned veter-
                                           ans and newcomers to the industry.