here.The event, entitled Thirst for Yield, was co-hosted by UCLA Anderson’s Ziman Center for Real Estate and brought together over 300 industry professionals for networking and a lively panel discussion on the state of the residential real estate market. To view photos of the event, click
The event was moderated by Jesse Sharf, the Co-Chairman of the Real Estate Department at Gibson, Dunn & Crutcher. The panelists included Ambrose Fisher, Managing Director of Oaktree Capital; Emile Haddad, President & CEO of FivePoint Communities; William Lindsay, Founding Partner at PCCP; Jonathan Roth, President of Canyon Capital Realty Advisors and Jan Brzeski, Managing Director & Chief Investment Officer of Arixa Capital Advisors. Sam Freshman of Standard Management Company delivered opening remarks.
The theme for this year’s panel, Thirst for Yield, was fitting given that the capitalization rates for multi-family properties on the west side of Los Angeles, where UCLA is located, are approaching 3-4%.