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What Is CREFC and Why I Am Attending the West Coast High Yield Summit


While I had been receiving some emails about CREFC conferences in the past, I really didn’t know much about the organization. Now, thanks to Adam Stock of Allen Matkins, I know much more about the organization and I am excited to be attending their West Coast High Yield Summit on May 13 & 14 at the Fairmont Hotel in Santa Monica, California. As a matter of fact, not only will I be attending, but I will be conducting video interviews throughout the conference with numerous speakers presenting at the conference.

Let me be clear, I am not an expert in finance. That’s why I have enlisted the aid of CREFC and some of the speakers at the conference for this radio show.

To begin with, Stephen Renna, The President & Chief Executive Officer of CREFC explains what CREFC is and its evolution.  Here is a hint, “CRE Finance Council”. Don’t make me explain what “CRE” stands for.  It’s an acronym, look at the title of our radio show. Enough said. I was particularly impressed with our discussion on how the council transitioned from a CMBS focused organization to an organization touching on all aspects of real estate financing, particularly at a time when other organizations were retracting during the recession.

I also get to speak with Tim Pine from Zodiac Title and co-chair of this summit who will explain more detail about what will be covered at the summit, what you can learn and what the benefits are, including superior networking.

Gregg Loubier, with the Law Firm of Allen Matkins, who is moderating the Bridge Lending panel at the summit. Gregg’s panel will be discussing, among other things, how bridge lenders can create higher yields.During my interview, Gregg also discusses what he views as the interesting characteristics of bridge financing to lawyers. We also discuss, how hard it must be for lenders to determine, with some certainty, how much to lend and the value of their security.  This, of course, is from the perspective of two lawyers.

Featured Guests

RennaStephen M. Renna LinkedIn
President & Chief Executive Officer
, CRE Finance Council

CREFC is the premier trade association of the commercial real estate finance industry worldwide. It serves as the meeting point for commercial real estate finance professionals and is the pre-eminent voice for commercial real estate finance.

Mr. Renna has 25 years experience working in commercial real estate from the legal, policy and trade association perspectives. 

Prior to joining CREFC, Mr. Renna was President of the National Association of Real Estate Investment Managers (NAREIM). NAREIM is the leading association of companies engaged in the real estate investment management business. Collectively, they manage over $1 trillion of assets.

Mr. Renna also was Senior Vice President and Counsel at The Real Estate Roundtable, a Washington, DC based national public policy organization representing the commercial and multifamily real estate industry. 

Mr. Renna received his Juris Doctor degree from Catholic University’s Columbus School of Law in Washington, DC and his BA with honors from Fairfield University. He is admitted to the District of Columbia and Connecticut bar associations.

Tim PineTim Pine | LinkedIn
VP National Title Sales at Zodiac Title Services, CREFC Conference Co-Chair

Tim is is Vice President of Business Development for National Title company Zodiac Title LLC. Tim works with banks, REITs, special servicers and private equity to place title nationwide. Prior to joining Zodiac Title LLC, Tim works as Executive Vice President of Business Development with Assured Lender Services Inc., Tim led the expansion of his firm to become a national player in commercial default services which to date has handled in excess of $9 Billion in commercial default transactions. The long term relationships and exceptional customer service reputation he developed helped position his company as leader in the field. Throughout his career, Tim has structured strategic partners, sold services on a national level and used his leadership and network to build successful sales teams. Tim has served throughout his tenure in the commercial real estate and finance industry including most notably with the California Mortgage Brokers Association (CMBA) nominated into the Young Leaders Program (2011) and has been an active member of the Commercial Real Estate Finance Council (CREFC) co-chairing the West Coast High Yield and Distressed Debt conference (2012-2014).

Lougier

Greg Lougier LinkedIn
Partner, Allen Matkins (Los Angeles)

Gregg J. Loubier is a partner in the downtown Los Angeles office of Allen Matkins and Chair of the firm’s Real Estate Finance practice. Gregg specializes in finance, real estate and business transactions nationwide, including commercial lending; portfolio and securitized commercial mortgage finance; construction finance; loan servicing; the acquisition, financing, leasing, management and disposition of real estate assets; and the workout and resolution of distressed debt and exercise of creditor remedies.

Gregg is a frequent lecturer and author for the bar associations and leading industry groups. He has been recognized by the State Bar of California for his pro bono legal services on behalf of the less fortunate.

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