The Impact of COVID-19 on Various Real Estate Asset Classes
As the effects of COVID-19 are felt around the world, real estate companies are being impacted in different ways, largely dependent on region and asset class. In the near-term, real estate executives are concerned with preserving value and liquidity, keeping tenants and visitors safe, including increased cleaning measures, and complying with governmental agency requirements. The realization today is that not all real estate assets are equal. This panel of experts will review their logic, reasoning & insight into the different real estate verticals. Please join this session as the panel engages the audience with live & interactive Q&A.
- How might the continued spread of COVID-19 affect the performance of various property types? Could there be winners as well as losers?
- Which geographic areas are at most risk, and why?
- How would transaction volume and pricing be affected by the spike in volatility in financial markets?
- What is your estimate for GDP Growth or Contraction? How do you see GDP impacting the various types of real estate and regions?
Event Recording
The Impact of Covid 19 on Various RE Asset Classes Closing Remarks
Speakers
Eduardo Alves
- Title
- Director, Credit Risk Solutions @
- Company
- S&P Global Market Intelligence
- Role
- Moderator
Eduardo Alves is a Director and an analytical leader in the Credit Risk Solutions group of S&P Global Market Intelligence. He collaborates with financial institutions of varying sizes and specialties in the design and implementation of risk management solutions. Eduardo has an outstanding record of realizing client objectives through high-quality engagements in the areas of credit risk methodologies, internal risk rating systems, model validation, stress testing, and CECL. Prior to S&P Global Market Intelligence, Eduardo worked at Promontory Financial Group, Mizuho Bank, and the World Bank. He holds an MS in Economics from the University of Essex and a BA in International Affairs and Economics from The George Washington University.
Eric Berman
- Title
- Chief Investment Officer @
- Company
- Lifeafar Capital
- Role
- Panelist
Eric Berman is the Chief Investment Officer of Lifeafar Capital. He oversees investment strategy including acquisitions and development, and plays a key role in leading Lifeafar Capital’s hospitality initiatives.
Eric has spent his career working with a diverse base of investors, owners, lenders and developers of hotel and mixed-use real estate assets. Along the way, he has advised on more than $2 billion of hotel and real estate transactions throughout the U.S. and Latin America. The experiences Eric brings to Lifeafar Capital will be instrumental in the continued success and global expansion of the company.
Eric joined Lifeafar Capital in 2018 following over four years with Berkeley Research Group, where he helped pioneer the firm’s hospitality advisory group and expand its corporate finance efforts in Latin America. He began his career at Deloitte & Touche, LLP, where he provided accounting and advisory services for clients in the financial services, banking, real estate and retail industries, focusing on companies with an aggregate of more than $180 billion in assets and over $10 billion in annual revenues. During his professional career, he has held positions in destinations including New York and Miami, as well as Colombia, Panama, and Mexico.
Born and raised in Philadelphia, PA, Eric was educated at Penn State University – Smeal College of Business, where he earned a bachelor’s degree and a master’s degree in accounting. He has been a licensed Certified Public Accountant since 2013 and holds a certificate in hotel real estate investment and asset management from Cornell University.
Camilo Nino
- Title
- Founding Partner & CEO @
- Company
- Linkvest Capital
- Role
- Panelist
Camilo, CEO and Founder of Linkvest Capital, brings over 22 years of experience as an investment advisor, real estate investor and private lender. Camilo has overseen nearly 500 transactions for over $500 million in Florida and Georgia. He has represented some of the region’s most high-profile development projects, including Bijou Bay Harbour Condominium in Bay Harbour Islands, Miami Springs Town Center, and Soleste Alameda in West Miami, among others. Camilo has also led the acquisition of commercial real estate assets throughout the southeast region. Linkvest Properties’ current portfolio includes single-tenant properties, shopping centers and industrial assets in Florida and Georgia. Recent acquisitions include United Rentals in Pompano Beach, Chase on the Miami River; McDonald’s and Tire Kingdom in Hialeah; and FedEx and a Wells Fargo branch in Atlanta. Finally, Camilo establishes partnerships with respected and experienced developers with a focus on multifamily and mixed-use properties. Recent partnerships include high-profile firms such as The Estate Companies, Futura Company and CIP Realty. In the last two years, LV Development has invested in the development of seven multifamily projects with over 1,600 units.
Lisa Forster
- Title
- VP, Family Office & Advisor Relations
- Role
- Panelist
Lisa Forster joined Group RMC in 2019 as an Vice President, Advisor Relations where she represents and markets the firm’s investment strategy to prospective investment partners across the United States. Prior to joining Group RMC, Lisa worked in the Equity Division of Time Equities Inc. where she was responsible for marketing and distributing Time Equities’ real estate investment opportunities through private and institutional investor networks. At Time Equities, she gained experience syndicating new acquisitions that spanned across a broad range of asset classes and geographies. Lisa holds a Bachelor’s Degree in Political Science with Minors in Business and Communications from Villanova University.
About
Linkvest Capital
Linkvest Capital LLC is a US-based co-investment platform for family offices, institutions and private investors. As a vertically integrated real estate firm, Linkvest Capital includes financing, acquisition and development entities. LV Lending, the private financing affiliate, focuses on real estate business and investment mortgage loans on residential and commercial properties. The company has a current portfolio of $240 million and has serviced more than 500 transactions for over $450 million in Florida and Georgia. Linkvest Properties, focuses on commercial acquisitions in the southeast United States region and operates a portfolio of over $35 million. LV Development, co-invests with real estate developers on multifamily and mixed-use projects in Florida, and has invested in 7 multifamily projects with over 1,600 apartments to be delivered between 2020 and 2024.
S&P Global Market Intelligence
Lifeafar Capital
Lifeafar Capital is a boutique private equity and asset management firm focused on the acquisition and development of unique and bespoke luxury hospitality concepts for both multi-family and mixed-use real estate. We give individual accredited investors, family offices, and private funds the opportunity to partake in the ownership of real estate projects with a stable value proposition and a high potential for appreciation that have traditionally been reserved for large institutions.
Our principals and professionals are located in Miami, San Juan, Puerto Rico, and Medellín, Colombia. We collectively draw on an extensive and versatile foundation of experience in corporate finance, mergers and acquisitions, corporate law, investment advisory, and real estate development and operations to unlock value for our investors in opportunistic, value-add, or distressed asset deals.