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Liquidity & Valuations – Driving Industry Growth through Consistency and Transparency

As perpetual life NAV REITs gain popularity due to increased transparency, the need to have clear, independent and reliable valuations is critical. Consistency, following the the Standards of Valuation Practice (SVP), promulgated by the Appraisal Institute and the Certification Standard of the Appraisal Institute, guide professional practices regardless of market conditions.

Hear directly from senior executives from top appraisal and valuation firms who advise the board of directors of these funds. In light of the global economic impacts resulting from the novel coronavirus outbreak, as well as how unprecedented market conditions have framed their valuation outlook and industry guidance.

Moderator:
Kevin T. Gannon – Managing Director, Robert A. Stanger & Co.

Panelists:
Ross Prindle – Managing Director and Global Head of the Real Estate Advisory Group, Duff & Phelps
Sung Lee – Executive Vice President, Altus Group
Brian T. Velky – Managing Director, Real Estate Research Corporation (RERC)

PDF Presentation

Date

Apr 16 2020
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Speakers

  • Kevin Gannon
    Kevin Gannon
    Chairman and CEO, Robert A Stanger and Co, Inc.

    Mr. Gannon is Chairman & CEO of Stanger. Mr. Gannon joined Stanger in 1983 and has been the lead or co-lead investment banker on more than $75 billion of assignments involving real estate assets and securities. Mr. Gannon is a frequent speaker at industry events sponsored by the Institute for Portfolio Alternatives (IPA) and ADISA and is frequently quoted in the Wall Street Journal, REIT Wrap, SNL, DI Wire and Investment News. Mr. Gannon is a recognized expert on real estate securities and valuation matters having appeared as an expert in numerous forums including: U.S. Tax Court; U.S. Bankruptcy Court; Delaware Chancery Court; Federal Court; several State Courts; SEC Administrative Court; and arbitration forums.

    Prior to joining Stanger in 1983, Mr. Gannon was a Manager with Deloitte Haskins & Sells, an international accounting firm. Mr. Gannon is a graduate of Rutgers University (Phi Beta Kappa, 1978) with a BA in Economics and Accounting. Mr. Gannon is a certified public accountant and member of the American Institute of Certified Public Accountants and a General Securities Principal.

  • Ross Prindle
    Ross Prindle
    Managing Director and Global Head of the Real Estate Advisory Group, Duff & Phelps
  • Sung Lee
    Sung Lee
    Executive Vice President, Altus Group