150 Emerging Leaders Attend NMHC Annual Meeting
More than 150 NMHC firms took advantage of a special registration option allowing them one additional slot at the NMHC Annual Meeting for an up-and-coming Emerging Leader in their company.
The Emerging Leader registrants attended conference sessions and networking receptions where they were able to interact with the industry's leading senior executives.
The conference also featured Emerging Leader-only events, including a Meet & Greet and a special luncheon, to allow them to meet their peers and build their professional networks.
Brendon Sullivan Takes Second Annual Young Guns Investment Pitches Trophy
In what has become one of the highlights at the NMHC Annual Meeting, a mock investment committee of five senior executives heard pitches for four diverse investment opportunities from NMHC Emerging Leaders. This year’s panel included:
Sullivan pitched a “Suburban Value Add in a Primary Market” investment, a 394-unit property in Quincy, MA, playing up its walkable location and easy access to public transit and NOI growth opportunities through targeted capital or management driven initiatives.
He took the title-and the traveling trophy-from last year’s reigning champion, Blake Berg (JP Morgan). Berg presented a new construction opportunity to develop a mid-rise luxury apartment in the secondary market, but even the best land site in an affluent community couldn’t sway the senior execs to embrace his Birmingham, AL location.
The investment committee also passed on a “Pre-Sale/Pre-Stabilization Purchase” Class A property in Boynton Beach, FL as pitched by Will Beam (Heitman) and a “Core Asset Acquisition in a Core Market” in Marina Del Ray that Ian Couwenberg (Equity Residential) was offering.
Presentations with details on each of the investment opportunities are available on NMHC’s web site.Five New Members Join NMHC Emerging Leaders Committee
The first five founding members of NMHC’s Emerging Leader program rotated off the committee at the NMHC Annual Meeting, making way for five new members.
The new incoming members are:
NMHC thanks the founding members who rotated off for their efforts in helping to establish the new program:
2013 Events Calendar
How Can Your Emerging Leader(s) Get Involved
NMHC’s Emerging Leader program is open to anyone under 40 employed by a member firm. Designed to both create new networking opportunities and engage the next generation of multifamily leaders within NMHC, there is no limit to the number of employees a member firm can sign up for the program.
Like other NMHC events, we limit the number of registrations for our networking receptions and Speaker Series events to ensure these are engaging and valuable to the participants. However, there is no requirement that the same people attend the various events. In other words, a member firm can have 10 different people in our Emerging Leaders database and a different person from the firm could attend each event.
We encourage you to have the promising leaders from your company: