RECM Conference 2024

Our annual Real Estate Capital Markets (RECM) conference is a “must attend” event for industry leaders in public REIT and private real estate markets.

A sense of optimism pervaded the air at Goodwin and Columbia University’s annual Real Estate Capital Markets (RECM) conference on March 27. Attendees discussed an array of trends, including investment opportunities in offices, advancements in AI that could transform data analysis, and heightened interest in data centers and other operational real estate. They noted some pockets of real estate — such as luxury hotels — are poised to grow particularly fast, while dry powder remains elevated for certain areas including closed-end real estate funds. Scroll down for highlights, including videos of conference sessions.

We would love to keep the conversation going. Please connect with our Real Estate team to discuss points raised at RECM or any issues you may be facing.


Roy March, Chief Executive Officer, Eastdil Secured

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State of the Real Estate Capital Markets,  REIT, Private and IPO Market

Bryan Donohoe, Partner, Co-Head of US Real Estate, Ares US Real Estate 

Adam Gallistel, Regional Head, RE Americas, GIC 

Soultana Reigle, Head of US Equity and Senior Portfolio Manager for US Value-Add Strategies, PGIM Real Estate 

Moderator: Nancy Lashine, Founder and Managing Partner, Park Madison Partners 

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Global Flows of Capital

Allen Smith, Managing Partner, Mohari Hospitality 

Moderator: Stephanie Ricca, Editor-in-Chief, Hotel News Now 

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Hospitality + Hybrid Hospitality

Brian Steinwurtzel, Co-CEO and Principal, GFP Real Estate

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Trends in the office Sector


Matt Anderson, Chief Digital Officer, Carlyle Group 

Moderator: Steve Weikal, Industry Chair, MIT Real Estate Transformation Lab Managing Partner | MET Fund II 

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Keynote Session

About The Sponsors

With over 200 lawyers in Europe, Asia, and the United States, Goodwin’s global Real Estate practice takes a practical approach based on deep market insights to help private and public clients make the most of every investment decision. We are experienced across the full spectrum of real estate specialties, enabling us to represent clients through the full lifecycle of their real estate investments. From private fund formation and financings to REITs and M&A, we specialize in structuring, raising, and deploying capital.

Our team represents over 50% of PERE’s top-ranked private equity real estate managers, more than 30 REITs, and more than 50 hospitality companies globally.

Visit the following pages for more details.

At the Very Center of Business

For over 100 years, we’ve helped develop leaders who create value for business and society at large. Today, we’re guiding students to solve the increasingly complex challenges of the modern business era with our cutting-edge curriculum, groundbreaking research, commitment to an inclusive and representative community, and real-time connection to industry and practice, both within New York City and around the world.

From pioneering courses to STEM certification to unique immersive and experiential learning opportunities, our curriculum continues to expand and evolve. Infusing management fundamentals with data science and of-the-moment business intelligence, Columbia Business School delivers unmatched insights and learning across key areas of business, including digital transformation, entrepreneurship and innovation, twenty-first century finance, the intersection of business and society, and climate and sustainability.

Columbia is where theory meets practice. Through a constantly evolving curriculum and a deep connection to business, we’ve stayed at the forefront of business education by evolving alongside it. Our dynamic faculty understand how and when the business world is shifting — and we respond by regularly introducing new programs and courses to challenge and prepare our students for success in a rapidly changing landscape.

Paul Milstein Center for Real Estate

At Columbia Business School, the Paul Milstein Center for Real Estate delivers the renowned MBA Real Estate program, offering an innovative, robust, industry-led curriculum and a comprehensive research program led by full-time faculty experts. Leveraging premier intellectual capital and its New York location at the heart of global capital markets, the mission of the MBA Real Estate Program is to integrate theoretical and practical knowledge of real estate as it relates to the everchanging global market for real estate finance and investment.

The Center, which was endowed by the Milstein Family in 2001, furthers that mission by delivering compelling courses, impactful research, a wide variety of student and alumni activities, and directs all initiatives and functions related to real estate at Columbia Business School, inclusive of employer relations and career advising. The Center also provides and underwrites tools and resources for students and faculty to use both in and out of the classroom and to conduct research.

Beyond the classroom, curating more than 50 annual programs and activities and interweaving a powerful real estate community throughout, the Center provides a coveted platform for sharing expertise and strengthening networks among its various constituents, presenting specific opportunities for stimulating exchange among students, alumni, faculty members, and the real estate industry at large. Additionally, the Center coordinates and presents the Columbia Real Estate Alumni Circle and the Columbia Real Estate Forum.

Interested In Joining Us For RECM 2025?

RECM Alumni and Details from 2023

Margaret Brennan
Moderator of CBS News’ Face the Nation with Margaret Brennan & CBS News’ Chief Foreign Affairs Correspondent

Annemarie DiCola
CEO, Trepp LLC

Sonny Kalsi
Chief Executive Officer, BentallGreenOak

Joseph D. Margolis
Chief Executive Officer, Extra Space Storage Inc.

Stephen A. Schwarzman
Chairman, CEO and Co-Founder, Blackstone

Owen D. Thomas
Chief Executive Officer, Boston Properties

Kenneth F. Bernstein
President and Chief Executive Officer, Acadia Realty Trust

Martin E. "Hap" Stein, Jr.
CEO and Chairman, Regency Centers

Tom Flexner
Vice Chairman of ICG and Global Head of Real Estate, Citigroup

Stephen M. Ross
Chairman and Founder, Related Companies

Roy H. March
Chief Executive Officer, Eastdil Secured

Erskine B. Bowles
Former Co-Chair, National Commission on Fiscal Responsibility and Reform (2010); President Emeritus, University of North Carolina; Former White House Chief of Staff

Austan Goolsbee
Former Chairman of President Barack Obama’s Council of Economic Advisers and Chief Economist for Obama’s Economic Recovery Advisory Board

Jonathan D. Gray
Global Head of Real Estate, Blackstone

Andrew J. Jonas
Co-Head, Real Estate Department, Goldman Sachs

Rick Mishkin
Alfred Lerner Professor of Banking and Financial Institutions Columbia University, Graduate School of Business

Dr. Carmen Reinhart
Co-Author, This Time is Different, Minos A. Zombanakis Professor of the International Financial System, Harvard Kennedy School

Dr. Alice Rivlin
Former Vice Chair, Federal Reserve Board and Senior Fellow, The Brookings Institution

Christina Romer
Former Chair of the Council of Economic Advisers under President Barack Obama (2009-2010) and Professor of Economics, University of California, Berkeley

Robert Shiller
Professor of Economics, Yale University, Professor of Finance, Yale School of Management

Mark M. Zandi
Chief Economist, Moody’s Analytics

Saul Goldstein
ActivumSG Capital Management

Gentry Ashmore Hoit ’90
Finback Real Estate & GAH Real Estate

Jeffrey Horowitz
BofA Securities

Michael Lavipour
Square Mile Capital

Wilson Leung
Angelo Gordon

Albert Rabil ’88
Kayne Anderson Real Estate

David Sherman ’82
BentallGreenOak Strategic Captial Partners & Columbia Business School

Hilary Spann
Boston Properties

Walter Stackler ’94
Shelter Rock Capital

Dr. Betsey Stevenson
University of Michigan

Dr. Shang-Jin Wei
Columbia Business School

Anar Chudgar
Artemis Real Estate Partners

David Hodes
Hodes Weill & Associates

Ric Lewis
Tristan Capital Partners

John Pattar
KKR Asia Limited

Robin Rossmann

Rekha Unnithan

Dr. Robin E. Bell ’89
Lamont-Doherty Earth Observatory of Columbia University

Nicholas Bienstock ’96

Jackie Brady
PGIM Real Estate

Keith M. Breslauer
Patron Capital Advisers LLP

Miriam Gottfried
The Wall Street Journal

Marc Ricks
Sidewalk Labs

Zach Aarons ’13

Trish Barrigan
Benson Elliot Capital Management

Ted Bigman
Morgan Stanley Investment Management

Ann Cole
JP Morgan Investment Management

Robert Entin
Vornado Realty Trust

Alok Guar
LaSalle Investment Management

John Helm
Real Estate Technology Ventures (RETV)

Merritt Hummer
Bain Capital Ventures

Christopher J. Mayer
Columbia Business School

Jim Sullivan '89
Green Street Advisors

Kent Tarrach
Brookfield Properties

Ivo de Wit ’17
Global Alpha Fund

Camille J. Douglas
LeFrak Organization

Ronald Kravit
Cerberus Capital Management

Avi Lewitts
The Scion Group

Christopher Mayer
Columbia Business School

Wendy Silverstein
New York REIT

Bill Thompson
Capital Advisory Group, Greenhill & Co., LLC

Jeff Wilson

Yulia Yaani

Dan Alpert
Westwood Capital

Russell Appel
The Praedium Group

Joseph F. Azrack
Apollo Global Management

Jeffrey Barclay
ING Clarion Partners

Steven Baum
Five Mile Capital Partners, LLC

Michael Bilerman
Managing Director, Citi Research

Gunnar Branson
President & CEO, NAREIM

Cia Buckley Marakovits ’93
Dune Real Estate Partners

Steven Buller
Fidelity Investments

Dr. Sam Chandan
Chandan Economics

Henry Cisneros

Ric Clark
Brookfield Properties Corporation

Jeffrey D. DeBoer
The Real Estate Roundtable

Joanne Douvas
Clerestory Capital Partners

Mary Ellen Egbert
JP Morgan Chase

Melissa Farrell
Prudential Mortgage Capital Company

Tom Flexner

Adam Gallistel '04
Region Head of Americas, GIC Real Estate

MaryAnne Gilmartin
President and Chief Executive Officer, Forest City

Ratner Companies

Pat Goldstein
Emigrant Realty Finance

Marc Halle
Prudential Real Estate Investors

Brian Harris
Ladder Capital

David Hodes
Hodes Weill & Associates

Mark Howard-Johnson

Sonny Kalsi
GreenOak Real Estate

John Kessler
Empire State Realty Trust

John Klopp
Morgan Stanley Real Estate Investing

Dr. Quincy Krosby
Prudential Annuities

Leanne Lachman
The Paul Milstein Center for Real Estate, Columbia Business School

Nancy Lashine '81
Managing Partner and Founder, Park Madison Partners

Craig Leupold
Green Street Advisors, Inc.

Alan M. Leventhal
Beacon Capital Partners

Youguo Liang
Prudential Real Estate Investors

Doug Linde
Boston Properties

Jonathan Litt
Land and Buildings

Mary Ludgin

Matthew Lustig
Lazard Feres & Co.

Catherine Marcus
Global Chief Operating Officer, PGIM Real Estate

Arthur Margon
Rosen Consulting Group

Frank C. Marchisello, Jr.
Tanger Outlet Centers

Andy McCulloch
Managing Director, Green Street Advisors

Lee Menifee
Prudential Real Estate Investors

Guy A. Metcalfe
Morgan Stanley

Dr. Glenn R. Mueller
Denver University

Devin Murphy
Morgan Stanley

Michael Nash
The Blackstone Group

Tom Nolan
Spirit Realty Capital

Dr. Brian Nottage
JP Morgan Asset Management

Ross T. Nussbaum

Leeny Oberg
Global Finance, Marriott International, Inc.

Kevin O’Shea
AvalonBay Communities, Inc.

Doug Poutasse
Bentall Kennedy

Joel Prakker
Macroeconomic Advisers

Lee Purcell
Greenhill & Co., LLC

Charles Purse
Park Hill Real Estate Group

Katy Rice ’86
W.P. Carey Inc.

Mitch Roschelle

Steve Sakwa
Merrill Lynch

Richard Saltzman
Colony Capital, Inc.

Schecky (P. Sheridan) Schechner
Barclays Capital

David M. Sherman '82
Co-Founder, President, and Co-Chief Investment Officer of Metropolitan

Wendy Silverstein
Vornado Realty Trust

Adam J. Spies
Eastdil Secured

Jim Sullivan ’89
Green Street Advisors

Phillip Swagel
(former) U.S. Treasury Department

Susan Swanezy
Hodes Weill & Associates

Thomas W. Toomey
United Dominion Realty

Dr. Raymond G. Torto

David Twardock
Prudential Mortgage Capital Company

Tim Wang
Clarion Partners

Seth Weintrob
Morgan Stanley

Doug Weill
Hodes Weill & Associates

Steven Wechsler
National Association of Real Estate Investment Trusts

Greg Wright
Bank of America Merrill Lynch

View the agenda, panel videos, and insights from RECM 2023.