7:30 AM
Registration and Breakfast for Pre-Conference Discussion Attendees
7:50 AM
Crowdfunding 101
7:50 - 8:35AM This breakfast discussion will focus on How crowdfunding works; How to get started; How much you can raise; How long it takes; What services a crowdfunder provides as well as Legal and Financing basics.

Mark Masterson

Director of Investments
8:30 AM
Main Conference Registration and Breakfast Courtesy of

8:55 AM
Welcome from IMN
9:00 AM
Crowdfunding vs. Other Real Estate Financing Options
  • Debt vs. the small banks and hard $ lenders 
  • Equity vs. the private equity funds 
  • Fund-level fundraising
  • Vs. friends & family, family office & small institutional $$ 
  • The capital stack
  • Comparing the role of the brokers

Matthew Burk

Fairway America, LLC

Jeremy Valeda

Managing Partner
Athens Capital Partners

Brad O'Halloran

Executive Director-Investor Relations, Managing Principal
Brennan Investment Group

Darren Powderly

CrowdStreet, Inc.

Arik Lifshitz

DSA Property Group

Charles Duddy

Vice President of Finance
10:00 AM
Title III/General Solicitation & Reg A+/Title IV-The Myths, The Real Regulations, Practical Use, Pros/Cons & Applications
There has been a lot of recent legislation concerning real estate crowdfunding. This discussion will outline what a real estate owner using a crowdfunding portal would need to be aware of to do a deal successfully.
  • Monetary limitations per deal and what that means
  • What about blue sky regulations?
  • Serial offering issues
  • Who do you need to register with?
  • Costs vs. Benefits… When is it economical to use these new regulatory structures?
  • “Mini IPO”
  • Can crowdfunders aggregate a few developer deals under Reg A?
  • Issuer liability
  • Investor reporting
  • Privacy of shareholder financial information
  • Reg A DSTs
  • What type of ecosystem needs to be in place to insure Title III works?
  • Title III due diligence & transparency best practices
  • Update on accredited investor definition

Mark Roderick

Flaster Greenberg PC

J. Martin Tate

Carman Tate Lehnhof Israelsen (CTLI)

Kathy Fettke

Real Wealth Network

Allen Shayanfekr

CEO & Founder

Christopher Crippen

Managing Director
US Residential Asset Fund
10:45 AM
Networking Refreshment Break
11:10 AM
Developers Due Diligence: Comparing the Major Platforms… Why did you Choose?
  • Choosing a local or national platform
  • What should you look for in a landing pad website?
  • Marketing services performed
  • Deal minimums/maximums
  • Real estate-only vs. multi-asset platforms
  • And the reverse… What kind of due diligence should a good portal be doing on you?
  • Pre-funding & skin in the game… Is putting money where your mouth is as good as due diligence?
  • Documentation review
  • Measuring track record in this new industry
  • Independent due diligence … Is it worth it?
  • Discounted rates… Do they exist?
  • Platform reach
  • Evaluating platform experience & your deal

David Drake

LDJ Capital

Mike Bednarski

Managing Partner
Broome Capital, LLC

Myles Bruckal

The Bruckal Group

Stephen Cassidy

Denholtz Associates

Jay Caplan

Managing Director
Envisage Companies
11:55 AM
Regulation A+ Case Study
Cherif Medawar, RE Hedge Fund Manager, owns and operates over $100 Million Dollars in Assets Under Management, and he has been doing so since 2009. Recently he asked Jillian Sidoti, his Securities Attorney, to file his first Reg. A+ offering after they reviewed the benefits & growth opportunities the Reg. A+ offers.
This case study will focus on the listing, the pool of potential investors and the uniqueness inherent when using Regulation A+. They will also openly discuss the advantages, disadvantages & challenges encountered as they prepared this offering, as well as why Cherif decided to go forward with it. They’ll close with a recap of Cherif’s grand plan to promote UGFInc.com on CrowdfundExpress.com and expose the offering to a worldwide base of investors.

Cherif Medawar

Real Estate Hedge Fund Manager
Crowdfund Express

Jillian Sidoti

Trowbridge Taylor Sidoti LLP
12:25 PM
Blind Pool/Fundraising: Their Structures and Their Implications
  • Structures and their implications
  • Blind vs. semi-blind
  • Cash + kicker vs. preferred return
  • Track record impact
  • Fees, promotes and who gets what
  • Considering non-accredited investor investments
  • Do you need to have raised capital in a fund to participate in a fund-level raise?
  • What do your non-crowd client think?
  • Terms of crowd vs. non-crowd clients

Danny Kattan


Jon Dishell

Managing Director, Fund Management & Investor Relations
American Real Estate Partners

Jon Haahr

Senior Managing Principal
Silver Portal Capital

Douglas O'Donnell

The O'Donnell Group, Inc.

Kim Lisa Taylor

Syndication Lawyers, PLLC
1:10 PM
Luncheon Featuring Sector Roundtables
Meet and network with investors with similar interests… During the first morning of sessions all can sign up for these informal discussion on the following areas Debt, Multifamily, Non-Traded REITs, Commercial and Single Family Homes as well as financial advisors.
2:10 PM
Raising Pref Equity
  • Preferred equity investments come in many shapes and sizes, What are yours?
  • What are the terms? Target rates?
  • Profit interest vs. pref return
  • IRR
  • Pref equity vs. debt
  • Bonus upon completion
  • Payment calendar options… Maturity dates and absolute payment obligation
  • Vs. Mezz or Sub debt
  • Default/Non-payment penalties and control
  • Hard vs. soft structures
  • Senior loan issues
  • Interest payments… Right away or once cash flow generates
  • Negotiations with the portal

Paul Murad

Metroplex Group

Michael Ning

President & CEO
Arque Capital, Ltd.

Aaron Gorin

Cedar Grove Capital LLC

Stuart Morton

Managing Director
Nimble Asset Management Limited

John Grosso

Investments Manager
2:55 PM
Compliance Issues Including Broker/Dealer Complexities
  • Evaluating the role of the broker/dealer in crowdfunding
  • Syndication regulations you should be aware of
  • Accreditation confirmation
  • Crowdfunding portal/broker dealer Joint ventures: What does it mean to the developer? RIA?
  • 506d… What to be aware of
  • Private placements
  • Advertising
  • Reg A filings
  • Platform registrations
  • Reg D concerns
  • FINRA crowdfunding regulations
  • Intrastate updates

Mark Roderick

Flaster Greenberg PC

Lilah Blackstone

Assistant General Counsel-Department of Insurance, Securities & Banking
District of Columbia

Minh Le


Scott Andersen

General Counsel

Donald Deans

Managing Director and Social Security Strategist
Deans Consulting, LLC

Devin Ryan

Office of Chief Counsel Division of Trading and Markets
U.S. Securities and Exchange Commission
3:40 PM
Networking Refreshments
4:05 PM
Comparing Routes to Market… Traditional Crowdfunding Syndicator vs. Lead Generation Site vs. Building your Own Platform & White Label Applications
  • What was your decision matrix?
  • Costs vs. time spent on all approaches
  • Did you reach your fundraise goal?
  • What services does a white label provider provide?
  • Evaluating the advertising-led, free sites
  • How have the results been in different environments?
  • Can you use multiple routes to market on the same deal?
  • How much time/effort/$$ did it take to make your own
  • Licensing platform software… What are the deal terms?
  • Comparisons on relationship with investors
  • Branding
  • Pushing parts of deals to other platforms while using your own
  • Long-term cost vs. gains of having your own platform
  • How did you find investors?
  • Using a broker dealer… The pros and cons

Sydney Armani

Silicon Valley CrowdFund Ventures

Matthew Sullivan

Founder & CEO
Crowdventure LLC

Mark Lancaster

Great Lakes Fund Solutions, Inc.

Rachel Matthai

Hoboken Brownstone Company

Daniel Carter

Windmill Investments, LLC
4:50 PM
Lessons Learned… Pitfalls & Mistakes
  • Choosing the right platform for your deal
  • How to make sure your project can be sold
  • How much $$ can you raise?
  • CMBS defaults
  • Looking for bad actor partners
  • Technology guys vs. real estate guys
  • Portal senior management structure
  • Interstate deals: What does it take for a New York company to go over the George Washington Bridge and do a deal in New Jersey?
  • Biggest campaign killers

Bob Sonnenblick

Sonnenblick Development, LLC

Paul Murad

Metroplex Group

Mark Solovy

Managing Director – Technology Finance Group
Monroe Capital

Charles Duddy

Vice President of Finance

Allen Shayanfekr

CEO & Founder
5:35 PM
Networking Reception
6:35 PM
Day One Concludes
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E-mail: mail@imn.org

Event Specific Contacts for 2nd Annual Crowdfunding & Marketplace Lending Forum for Real Estate


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