The Future of Shopping Centers Amidst COVID-19

December 2nd, 2020 at 11:00 AM EST

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ABOUT THE VIRTUAL EVENT

Shopping center real estate investors are facing a number of headwinds amidst the COVID-19 pandemic. With more potential shutdowns in the future, shopping centers might take another hit. But the boom in e-commerce sales provides both threats and opportunities for owners of shopping center real estate. Our panelist will discuss how shopping centers real estate investors can best position themselves and stay successful during these rapidly changing times.

Discussion Topics:

  • How has deal volume been over the last nine months?
  • How are strip malls, power centers, mixed used developments, and other types of centers being impacted differently
  • What have you seen in terms of defaults
  • How have tenants and landlords been collaborating?
  • What is expected in terms of capital for shopping center transactions going forward
  • How are shopping centers & retailers bouncing back from COVID-19?
 


PLUS, a new feature for iGlobal Live – attend a live virtual event and be personally introduced to a speaker of your choice. This is only available for attendees of our live events, and places are limited, so secure yours now to stay connected and stay informed.

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Moderator

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Tim Herriage

CEO

2020 REI Group

Tim Herriage is the Founder & CEO of 2020 REI Group, a collection of entrepreneurial real estate investment companies specializing in brokerage, acquisition, disposition, private equity, nationwide financing, and advisory services.

Herriage has been on the leading edge of the real estate investor space for over a decade, founding the REI Expo and previously serving as Managing Director for Blackstone’s B2R Finance and Franchisee & Development Agent for HomeVestors® of America. Herriage has acquired more than 1,200 single-family investment properties and completed more than $1 billion in real estate transactions, predominately in the North Texas area.

In addition to being a seasoned entrepreneur, Herriage is passionate about creating and spreading opportunities for others to succeed in real estate investing by providing innovative financing offerings, quality education programs, and reliable structured investments. Through his private equity and fund management firm, Elevate Private Capital, Herriage and his team source and invest in strategic real estate assets, with the current fund focusing on providing investors with exceptional opportunities to benefit from the rapidly growing Dallas/Fort Worth residential real estate market. Herriage also established Investable Realty to provide investors of all sizes with specialized brokerage and investment property finding services. Through DFW Investors, Herriage hosts resource-rich events for the local Dallas / Fort Worth investor community, providing guidance and support for investors in all stages of the investment lifecycle.

Panelist

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Stephen A. Wheeler

Chairman & Co-founder

HAS Capital

 

Mr. Wheeler is a Co-founder of HAS Capital and oversees the company’s capital raise and strategic development activities.

Prior to HAS Capital, he was the Managing Director, Asset Management for Green Courte Partners where he created an in-house home sales finance program. This program originated or acquired $2.7 million in loans in 2008 and has an historic borrower default rate of less than five percent. Mr. Wheeler was previously retained as President of Real Asset Capital, LLC, an investment conduit for institutional equity capital in multi-family and commercial assets. He earned his B.S. from the University of Minnesota.

Panelist

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Andrew Syrios

Real Estate Investor

Stewardship Properties 

Andrew Syrios has been investing in real estate for over a decade and is a partner with Stewardship Investments, LLC along with his brother Phillip and father Bill. 

Stewardship Investments focuses on the BRRRR strategy—buying, rehabbing and renting out houses and apartments throughout the
Kansas City area. Today, they have over 300 properties and just under 500 units. Stewardship
Properties on the whole has just under 1,000 units in six states. Andrew received a Bachelor's
degree in Business Administration from the University of Oregon with honors and his Masters in Entrepreneurial Real Estate from the University of Missouri in Kansas City. He has also obtained his CCIM designation (Certified Commercial Investment Member). Andrew has been a writer for
BiggerPockets on real estate and business management since 2015. He has also contributed to Think Realty Magazine, REI Club, Elite Daily, Thought Catalog, The Data Driven Investor and Alley Watch.

Panelist

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Richard S. Rosen

Principal

PERKINS EASTMAN

Panelist

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Dana Rice

Executive Vice President

COMPASS

Armed with a degree in journalism and a deep history of sales success at Fortune 500 companies, Dana Rice brings a storyteller’s touch and reporter’s insight into the marketing of homes.

Dana Rice Group's growth in the Washington, D.C. market has been swift and significant. In just four years, Dana and her group of top agents have sold more than $325M placing them in the top 1% of residential real estate agents globally. Dana’s team of four full-time agents, a marketing coordinator, operations director, communications manager, and a dedicated stager exclusive to Dana Rice Group, are highly regarded in the DC/MD/VA market.

In 2019, Dana Rice Group closed more than $130M in transactions, serving 130 buyers and sellers.

Initially a real estate investor, Dana bought, renovated, and sold a number of properties for her own account. With the decision to make real estate a full-time profession, Dana formed the Dana Rice Group, affiliated with Compass in Washington, D.C. where she is Senior Vice President and has been named one of Washingtonian’s Best Agents and Top Producers since the inception of her business.

Although Dana and her group represent buyers and sellers in the wider Metro Washington, D.C. area, her key focus is the neighborhoods of Northwest Washington, D.C., and surrounding areas of Montgomery County, Maryland. Her 25+ years of marketing, advertising, and negotiating skills plus knowledge of the ins and outs of living in the DC Metro area, translates into helping buyers and sellers make the best, most informed decisions about real estate.

Dana has been named as Washingtonian's 'Top 100 Agents' in DC, Best of Washington, 2015-2019; Bethesda Magazine's "Best of" Top Teams; Compass #1 team in year-over-year growth and Compass Top Ten Producer Awards. She was named DC Metro Top Producer “Rising Star of the Year," one of RealTrends America’s Best. Dana feels the most illustrious (and irreverent) awards were bestowed by Compass peers in 2019: "Ms. Compass" and "Agent You'd Want to List Your Own Home." Dana is frequently featured in national and local media outlets regarding the latest trends and shifts in the local real estate market.

Dana holds a B.S. Journalism from the University of Maryland where she graduated with cum laude and was selected as the commencement speaker. She lives in Bethesda with her husband and three sons, and prides herself on being the "go-to" resource for those who want to talk about real estate -- or other topics like renovations, Godzilla, rowing, or raising men.

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