In this session, you will learn about construction industry accounting as well as the most common causes of construction contractor failures. We will break down the work the work in process schedule and dig deep into all key aspects of auditing construction contractors.

Learning Objectives:

• Recognize the components of Long-term contracts under IRC Section 460
• Recall the Lookback Method
• Identify the exceptions for percentage of completion under IRC Section 460
• Indicate exempt tax methods of accounting for long-term contracts

Session will provide an overview of waterfalls in a closed end fund structure. It will include an outline of the basic components, framework and structure of various types of waterfalls. It will include detailed examples and sample calculations and the impact of legislation and regulatory pronouncements and their impact on waterfalls and performance returns.

Learning Objectives:

• Identify waterfalls and performance returns
• Analyze waterfalls in a closed end fund structure, basic components, framework and structure of various types of waterfalls, calculations and the impact of legislation and regulatory pronouncements and their impact on waterfalls and performance returns.

Artificial Intelligence has dominated tech news for 2023, and recent announcements by OpenAI and others have only fueled the frenzy. But what does it mean for construction and real estate? How are these tools being used now, and what can we expect in the near and medium term. In this keynote, AI expert, podcaster and tech CEO Hugh Seaton will walk through what these technologies actually are, how they succeed and fail, and what you should know as AI begins to change the rules.

Learning Objectives:

• Identify the types of AI and how they change project delivery
• Identify how real estate and construction leaders think about risks and opportunities of AI in 2024 and beyond

This informative session will provide you with the latest insights into the current accounting & auditing landscape within the construction industry. Join Erin Roberts with EY and Jason Myers with FORVIS, two Construction National Industry Leaders from top 10 accounting firms, on the latest changes in accounting standards.

Learning Objectives:

• Identify accounting pronouncements that have been issued and are pending adoption
• Recognize the FASB's agenda and pending future pronouncements

This session will cover what a contractor needs to know when considering an ESOP as part of a succession/continuity and ownership transfer strategy. This session will provide an analysis from beginning to end so that there are no surprises, and will assist the contractor and advisor in knowing the process and what questions to ask and how to analyze an ESOP as a succession alternative in a construction environment. The session will also focus on providing the ESOP candidate an understanding of the selling process and fiduciary responsibilities.

Learning Objectives:

• Determine what an ESOP is and how it works
• Recall the myths, transaction structures, and tax efficiencies of ESOPs and how it operates in a Construction environment
• Determine how the selling process works and what are the fiduciary responsibilities for the ESOP candidate as well as what questions to ask
• Identify how to hold your advisors accountable and how to analyze a Phase 1 ESOP feasibility report

The panel will touch on the allocation, sourcing, deal structures and outlook; dedicated real estate investment teams, real estate investing and capital raising in regards to family office and ultra-high net worth clients.

Learning Objectives:

• Distinguish various allocations, sources and deal structures related to real estate investments.
• Identify strategies family offices and high-net worth individuals utilize to organize and track performance of real estate investments.

Please join valuation representatives from EY and PwC to discuss current valuation trends, impairment hot topics, and related financial reporting implications.

Learning Objectives:

• Analyze the current state of the real estate market including operations fundamentals and capital markets activity.
• Identify the limitations and challenges of existing market data on current property valuations.
• Recognize the limitations and challenges of existing market data on current property valuations.
• Apply trends in the broader market to property-specific facts while applying accounting impairment guidance.

Congress gave the IRS new partnership audit procedures when it enacted the Bipartisan Budget Act of 2015 with the goal of increasing partnership audits. The new rules generally went into effect for partnership tax years beginning on or after January 1, 2018. Since that time, practitioners have seen a rise in partnership examinations. Now, with additional Inflation Reduction Act funding, the IRS commitment to increasing enforcement for the wealthy and large entities, including partnerships, is sure to further increase the number of BBA audits. This program will address the unique audit procedures under the BBA and provide insight on how to navigate these rules. It will also address how to address state tax law obligations given the unique features of BBA audits including modification and push out.

Learning Objectives:

• Recognize BBA audit process.
• Identify unique milestones and deadlines under the BBA audit procedures.
• Identify how state law addresses the unique features of BBA audits.

During this session, we will explore the essential aspects of contractor cash flow management. Dive into key considerations such as unique timing, entity size complexities, and potential capital-intensive factors. Learn effective strategies and tools tailored for managing and forecasting cash flow, emphasizing the importance of customization and frequency. Gain insights into cash allocation across different time horizons. Whether you're a seasoned contractor or new to the field, this session will empower you to optimize your financial health and sustain your contracting business. Don't miss out on mastering the art of contractor cash flow.

Learning Objectives:

• Identify key considerations for contractor's cash
• Review strategies and tools for managing and forecasting

Companies often make investments without buying an entire company. Companies may purchase a controlling interest or a non-controlling/significant interest in an investee. Depending on the facts and circumstances, companies may account for an investment as a controlled subsidiary (i.e., consolidation), an equity method investment or a financial instrument. This session focuses on the following methods of accounting for investments: * Consolidation (ASC 810) * Equity method (ASC 323) The session will also cover when it is appropriate to use proportionate consolidation.

Learning Objectives:

• Distinguish between the different methods for accounting for investments
• Determine the appropriate accounting when there are differences in a company’s influence over an investee’s operating and financial policies and activities: Control – consolidation (100% of investee’s results); Significant influence – equity method (ownership % of investee’s results); No control or significant influence
• Determine when and how to apply the different consolidation models: The Variable Interest Model and The Voting Interest Model
• Apply the following Variable Interest Model concepts: Identify when entity has a variable interest in another entity; Understand the characteristics of a variable interest entity (VIE); Understand and determine the primary beneficiary
• Determine when and how to apply the equity method of accounting and proportionate consolidation

A practical walk through on Look-Back Interest Calculations.

Learning Objectives:

• Interpret what look-back interest is and the rules thereof in calculating.
• Evaluate the gap between theory and implementation.
• Interpret the steps to calculating look-back interest.

In this session, users will get updated as to where we are
collectively with generative AI for Commercial Real Estate, Construction and
Accounting/Finance. As models mature, capabilities progress, and technology
supporting adoption continues to evolve, staying on top of the capabilities of
this technology within your enterprise remains of utmost importance. With the
President's Executive Order on AI, a focus on responsibility, security,
equitability, and fairness will be discussed, and finally PwC's approach to
internal transformation (i.e., PwC as client-zero) as well as how we have
helped those in this sector, will finish the discussion.

Learning Objectives:

• Recall the basics of generative AI
• Identify the impact generative AI can have on commercial real estate

As the existence of Pass Through Entity election regimes has now existed for several years, we continue to monitor the inconsistent treatment in many states. At the same time, the initial legislation passed by many states is vague in nature and needs to be supplemented with administrative guidance which is often issued too late to practically make filing decisions on returns and is often contrary to many practitioners' interpretation of the underlying statutes. This session will give an overview of the current state of PTE regimes and address many of the challenges faced by taxpayers and practitioners while navigating these opportunities.

Learning Objectives:

• Identify the purpose and underlying benefit of making a PTE election.
• Understand the purpose and underlying benefit of making a PTE election.
• Recognize the challenges and risks involved depending on the state and the underlying facts of the PTE and its owners.

Heading into 2024, the competition to attract and retain great employees remains intense. This session addresses current workforce & pay trends and the strategies necessary to recruit and maintain a strong workforce.

Learning Objectives:

• Evaluate the latest labor market trends shaping construction recruitment, retention, and engagement efforts
• Assess the actions necessary to maintain a competitive pay package, avoiding pay program blunders
• Interpret updated compensation data to keep contractors pay competitive for 2024
• Evaluate passive candidate recruiting and its importance in the future
• Evaluate top recruiting mistakes and how to avoid them, including handling compensation in interviews

This session will provide updates and strategies for year-end planning, an overview of changes for tax year 2023, and trending topics relevant to Construction tax.

Learning Objectives:

• Identify strategies for year-end planning for tax year 2023.
• Identify trending topics for possible implementation for tax year 2024 or later.
• Identify take aways on topics to revisit when you return to work following this conference.

Join us for an exploration into the dynamic world of transforming aging structures into vibrant, modern hubs of community living and commerce. Discover the secrets behind successful adaptive reuse projects as we delve into compelling case studies that showcase the art and science of breathing new life into old buildings. From repurposed vacant buildings to revitalized historic landmarks, this session is your ticket to unlocking the untapped potential of creative transformation. Uncover strategies, learn from real-world examples, and ignite your imagination to embark on your own journey of redefining spaces and enriching communities. Don't miss out on this immersive experience that blends innovation, sustainability, and the timeless charm of adaptive reuse. Your next project could be the catalyst for a bold and brilliant transformation!

Learning Objectives:

• Assess tax incentives provided in adaptive reuse projects in specific parts of the country.
• Evaluate how vacant buildings, historical landmarks have been creatively transformed into vibrant developments.

Join Mike Cheng for a plain English accounting update session at the conference. With his current role on the Private Company Council (PCC) and prior experience as FASB Staff, attendees will explore relevant topics, both current and upcoming. Together, the session aims to navigate through these accounting intricacies, offering valuable insights in technical accounting.

Learning Objectives:

• Analyze recent accounting guidance which could impact financial statement reporting
• Identify where to find relevant tools and resources

Session will cover the current state of the lifetime exemption and how to effectively and strategically transfer assets to future generations in light of the pending sunset of the current estate and gift tax exemptions.

Learning Objectives:

• Recall the current state of the estate and gift tax law
• Identify strategies of effectively and efficiently transferring assets to future generations

Let us help you assist your clients with reducing their 2023 income tax liability. Kyle Young, Ashley Sullivan & Mike Smith, all directors at MSC, will go over many strategies and examples for your clients to apply to their specific situation. The opportunities MSC will discuss aim to increase cash flow and decrease income taxes for 2023 and into the future.

Learning Objectives:

• Identify tools to help navigate the 2023 tax year with precision and foresight.
• Distinguish the implications of reduced bonus depreciation for your real estate clients.
• Recall proactive strategies to optimize tax savings by year-end.
• Recognize proactive strategies to optimize tax savings by year-end. What is best, bonus, Sec. 179, or De Minimis?
• Estimate the tax depreciation requirements for mixed use and short-term rental properties.

This session is based on an easy-to-scan checklist of real estate incentives we created to help CPAs review opportunities with clients. We'll cover the 12+ incentives included on "The Checklist" in a case-based presentation. Attendees will be challenged to select the right strategies for a given scenario, and nuances and interplay with cost segregation will be highlighted. All attendees will receive an e-version of "The Checklist."

Learning Objectives:

• Identify the utility of a variety of tax incentives and recognize the most appropriate strategies to employ in a given situation
• Recognize how incentives like Section 179 Expensing, Bonus Depreciation, the Tangible Property Regulations (TPRs) and many more all contribute to a comprehensive tax strategy

So landing? Something harder? Whither inflation? This presentation will supply in-depth analysis of the major factors shaping economic outcomes, including central bank policymaking, worker attitudes, business confidence, and geopolitics. It will then turn toward a forecast for the year to come, highlighting the major risks that economic stakeholders will likely encounter.

Learning Objectives:

• Identify the key challenges facing the U.S. and global economies
• Identify current and prospective impacts of public policy on the economy
• Recognize sources of future economic risk
• Estimate the likely pace of economic growth in 2023 and implications for key segments such as real estate, construction, and retail

This session will provide an inside look at Congress, the White House, and the regulatory agencies, and will analyze how decisions made in Washington, D.C. impact the rest of the country. This session will look at the construction policy agenda in Congress and the Biden Administration, and discuss how the latest proposals, regulations, and laws on taxes, infrastructure, labor, environmental regulation, and more will impact the industry in 2023 and beyond.

Learning Objectives:

• Identify and take an inside look at Washington, D.C., and what the spending decisions, tax debate, and infrastructure proposals mean to companies competing to be profitable in the construction industry
• Recognize the construction policy agenda in Congress and the Biden Administration and how actions in Washington will impact the industry in 2023 and beyond.
• Identify the impact of fiscal and regulatory policies on construction employers

This session will review recent real estate tax policy and legislative developments and the outlook for tax legislation going forward. What tax changes are likely in the short and medium term, and how will those reforms affect U.S. real estate? What is the potential impact of the 2024 election on real estate ownership and investment? How will Congress address key issues, such as the approaching expiration of provisions in the 2017 tax bill? Topics we will discuss include proposals to: restrict like-kind exchanges (section 1031); tax carried interest at ordinary income rates; end the step-up in basis of assets at death; tax unrealized capital gains; encourage office-to-residential property conversions; reform the deductibility of state and local taxes; expand Opportunity Zones; restrict foreign investment in U.S. real estate; limit the flexibility of real estate partnerships; promote greater energy efficiency in buildings; and much more.

Learning Objectives:

• Recall recent and proposed real estate-related tax legislation, including prospects for enactment.
• Estimate and consider the potential economic consequences of pending tax policy proposals.
• Identify the political landscape in Washington and its implications for tax and other real estate-related policy reforms.

This session will take you through the underwriting process of a construction company from the initial bonding company submission through the time it becomes a surety claim.

Learning Objectives:

• Analyze the surety underwriting process that is used to make decisions on bonding programs and individual bond requests
• Distinguish how financial information provided to an underwriter is used to inform the surety's decisions
• Identify how a bonded contractor can quickly become a claim for the bonding company

Construction Contractors can choose from up to 7 different tax methods, often on the same tax return! It is essential for construction companies, and those that advise them, to be aware of the options, the interaction between the methods, how to select them, and how to implement them. The session will be an interactive discussion of the best practices in the industry.

Learning Objectives:

• Identify the optimum tax methods available to all contractors, as well as the benefits to specific disciplines and trades.
• Determine how to maximize the tax savings or deferrals under the options available.
• Identify the elections or filing requirements to obtain, or change to the most beneficial methods.

We will be discussing the Sec. 179D and Sec. 45L background and the recent changes created by the Inflation Reduction Act of 2022. We will also update all on recent IRS guidance issued. We will conclude the session with an overview of the implications of reduced bonus depreciation and provide proactive strategies to optimize tax savings.

Learning Objectives:

• Identify how clients can benefit from Sec. 179D and Sec. 45L.
• Distinguish how the ripple effects of reduced bonus depreciation and the opportunities to offset the decrease in deductions.

Interest rates have continued to increase in 2023 impacting the mark to market of debt investments and liabilities. This session will focus on the current interest rate environment, the principles of fair value outlined in ASC 820, debt valuation concepts and methodologies, and examples of market-based applications for real estate lenders and borrowers.

Learning Objectives:

• Determine the impact of market changes and dynamics on the fair value of real estate debt.
• Analyze the principles of fair value applicable to the valuation of debt.
• Identify sources of market support for debt valuation conclusions.

This is Opportunity Zones 101... You will understand the basics of Opportunity Zones and the tax benefits of investing capital gains into a Qualified Opportunity Fund. You will also learn about common structures and challenges posed by the legislation. Finally, you will hear thoughts on the future of Opportunity Zones, based on legislation that has been introduced and/or proposed by various members of Congress.

Learning Objectives:

• Identify a basic understanding of Opportunity Zones
• Recognize how to establish a Qualified Opportunity Fund
• Differentiate the tax benefits of investing in a Qualified Opportunity Fund

During this session we will explore the dynamic world of private equity partnerships in the construction and engineering sector. We will cover essential topics such as the current private equity landscape, recent trends of private equity investment into the construction and engineering sector, value drivers and preferences for private equity firms within the space, and navigating the due diligence process for the successful sale of a Company to a private equity buyer. Session attendees will hear practical strategies and learn from real-world case studies showcasing successful outcomes. Gain the insights and tools needed to position yourself as a strategic partner driving financial success for your clients and company.

Learning Objectives:

• Explore the current trends, challenges, and opportunities in private equity investments within the construction sector.
• Discover the key factors that must be considered when evaluating potential collaborations with private equity firms.

The new lease accounting standard has been implemented for entities worldwide. The new standard has posed a significant impact to contractor financial statements. We will approach this from two very different perspectives, that of the CPA and that of an entity CFO.

Learning Objectives:

• Recognize the operating leases going forward.
• Identify related party leases.
• Recognize next steps now that implementation has begun.
• Recall the new lease standard for users of contractor financial statements.

The real estate industry is adopting connected technologies for buildings and infrastructure to add rent-rolls, reduce operating costs, contribute to sustainability goals and enhance user experiences. But these same technologies offer safety and security challenges. According to the World Economic Forum, cyber-attacks are cited as No. 2 in the top 10 global business risks, particularly with the increased reliance on technologies for revenue generation. Cyber and ransomware attacks to automated building management systems and other cyber-physical systems threatening tenant safety can extract a catastrophic price on building owners and managers. As a result, the Securities and Exchange Commission recently introduced rules for companies to disclose cyber attacks resulting in a material loss, as well as cyber governance and protection programs. This session will focus on the growing cyber risk to real estate with recent case studies and propose threat mitigation programs.

Learning Objectives:

• Identify the cyber risks posed by technologies in building to their business stakeholders and the availability of industry standards can enhance cyber security and physical safety in buildings.
• Identify recent implementation of federal rules regarding the disclosure by publicly traded companies of cyber incidents, governance programs, and investments in cyber protections.

Emerging Trends in Real Estate® is a trends and forecast publication now in its 45th edition, and is one of the most highly regarded and widely read forecast reports in the real estate industry. Emerging Trends in Real Estate® 2024, undertaken jointly by PwC and the Urban Land Institute, provides an outlook on real estate investment and development trends, real estate finance and capital markets, property sectors, metropolitan areas, and other real estate issues throughout the United States and Canada.

Learning Objectives:

• Identify participants insights and outlook into real estate investment and development trends, real estate finance and capital markets, property sectors, metropolitan areas, and other real estate issues throughout the US and Canada.
• Recognize industry sentiment and views from interviewees and survey participants, which represent a wide range of industry experts, including investors, fund managers, developers, property companies, lenders, brokers, advisers, and consultants.

This presentation will cover the basic requirements for a tax-free like-kind exchange, including the definition of real property, the application of the like-kind standard, the held for investment or use in a trade or business requirement and the use of a qualified intermediary to facilitate the exchange.

Learning Objectives:

• Identify the basic rules for a tax-free like-kind exchange under section 1031.
• Identify opportunities to employ a like-kind exchange to defer gain realized in an exchange.
• Recall the limitations on tax deferral through a like-kind exchange.

This session will provide an overview of review and audit procedures on the schedule of contracts in progress. We will discuss key concepts and best practices for reviews and audits, including common pitfalls to avoid.

Learning Objectives:

• Distinguish similarities and differences between review and audit procedures
• Determine analytical procedures around the schedule of contracts in progress
• Identify when additional procedures may be appropriate

This session is an opportunity to interact with leaders in the construction tax arena. Attendees will gain: A review of current trends and developments impacting the construction tax industry Insights from a detailed discussion on tax topics presented in earlier sessions The opportunity to participate in Q&A on topics important to their company and/or practice.

Learning Objectives:

• Identify and interact with leaders in the construction tax arena.
• Analyze tax topics presented in earlier sessions to provide additional insights in a more detailed, in-depth format.

Learning Objectives:

• Determine how investment firms and banks adapt their financial strategies to foster resilience and facilitate recovery in challenging economic environments.
• Analyze regulatory frameworks, pitfalls and strategies that impact decision-making processes for both investment firms and banks.
• Identify proactive measures that can be implemented to mitigate risk for investments in times of uncertainty.

This session will host our accounting experts to discuss the impacts of recent accounting pronouncements and auditing considerations. This is also an opportunity for participants to ask questions to the group.

Learning Objectives:

• Analyze the impacts of recent accounting pronouncements.
• Apply the impacts of recent auditing considerations.

Discuss Federal tax credits, incentives and deductions available to those in the construction and real estate industry.

Learning Objectives:

• Calculate a working knowledge of the Federal tax incentives included in the Inflation Reduction Act.
• Identify other Federal tax incentives available to contractors and real estate developers.

The construction industry is undergoing dramatic changes. The economy remains uncertain while rising costs and shortages of both labor and materials increase project risk. Major funding is flowing into infrastructure, however, formerly robust markets such as office construction are notably softening. Throughout all of this, the industry continues its digital transformation, with a growing use of established software solutions and a host of emerging technologies such as AI and machine learning rapidly gaining traction. How are these factors impacting contractors and real estate owners and how are they responding? Steve Jones, Senior Director of Industry Insights Research for Dodge Data & Analytics will share his perspective based on Dodge's research into the construction economy and key technology trends.

Learning Objectives:

• Identify the economic forecast for the coming year
• Recall what construction companies are doing to advance their digital transformation so you can assess the progress of your company/clients
• Identify the growing role of owners in establishing contractual requirements for digital processes and deliverables which may directly impact the technology stack in your company/clients

Panel will discuss and answer questions related to construction A&A topics.

Learning Objectives:

• Recall a background in the subject area and continue to keep current.
• Recognize any questions about emerging topics in the industry

Discuss tax credits, incentives and deductions available to contractors

Learning Objectives:

• Apply familiarity with tax credits and deductions that may be available to contractors.
• Identify the benefits and risk of various federal tax credits.

Examination of advanced topics impacting waterfall calculations with an emphasis on tax

Learning Objectives:

• Evaluate advanced topics impacting waterfall calculations with an emphasis on tax
• Evaluate advanced topics impacting waterfall calculations with an emphasis on tax

This panel has no preset agenda - the panelists will field questions from the audience regarding the federal income tax consequences of various real estate-related transactions and activities.

Learning Objectives:

• Indicate your conference session questions with the experts
• Recognize which topics require further clarification from industry experts

Overview of of Section §179D Commercial Building Tax Deduction, §45L Energy Efficient Home Credit, §48 Energy Credit, §25C Energy Efficient Home Improvement Credit.

Learning Objectives:

• Analyze the current landscape, legislative updates, and best practices for advising clients.
• Determine how to identify projects that may qualify for energy incentives.
• Compare recent developments in case law and IRS guidance regarding the credit for increasing research activities and the capitalization of Specified Research or Experimental expenditures

During this session, participants will learn FMI's perspective on anticipated construction industry shaping market trends, and how executives from leading firms are proactively engaging and strategically prioritizing their time and assets to overcome anticipated "headwinds" and take full advantage of expected "tailwinds".

Learning Objectives:

• Distinguish those external forces that are impacting the long-term trajectory, challenges and opportunities of construction businesses
• Identify how industry executives are planning and prioritizing based on these trends

Negative commercial real estate headlines are dominating investment news. Join Matt Reidy, Director of CRE Economics at Moody's Analytics for an update on the current state of the commercial real estate market and what to expect in the coming year.

Learning Objectives:

• Distinguish the current state of commercial real estate and how macroeconomic trends are responsible
• Recognize capital market trends and their impact on commercial real estate
• Recognize what to expect from commercial real estate in the coming year

This session will discuss the accounting for claims and unapproved change orders in construction contracts, including a discussion of the guidance in ASC 606: Revenue from Contracts with Customers, as well as the AICPA Engineering & Construction Contractors Revenue Recognition Task Force Chapter 11.3 Variable Consideration and Constraining Estimates of Variable Consideration. The session will also discuss the types of procedures auditors should perform to audit these subjective estimates.

Learning Objectives:

• Recognize the requirements for companies to record revenue associated with unapproved change orders and claims
• Use suggested audit steps to validate that the company has complied with the rules

In this session we will discuss gift and estate planning strategies for the privately held construction company owner. When is the right time to begin gift and estate planning for the construction company owner? How can ownership interests be transferred with the least amount of disruption to the company operations as well as to relationships with the surety and the lender? Can steps be taken in planning to protect the owner's family?

Learning Objectives:

• Evaluate how to leverage gift and estate tax exemptions through various ownership transfer techniques for the construction company owner.
• Interpret the unified gift and estate tax structure

In this session we will provide an overview of the characteristics required to qualify as an investment company and also discuss the unique considerations for certain types of real estate entities.

Learning Objectives:

• Identify the characteristics required to qualify as an investment company
• Recognize some of the unique considerations for certain types of real estate entities.

This presentation will cover advanced topics in like-kind exchanges, including parking under and outside the safe harbor of Rev. Proc. 2000-37, build-to-suit replacement property, related party exchanges and partnership transactions involving exchanges, including disguised sales, acquisitions under Rev. Rul. 99-6 and partnership split-ups.

Learning Objectives:

• Interpret opportunities to expand the 180-day replacement period for like-kind exchanges through parking arrangements.
• Evaluate situations in which relinquished property can be sold to a related buyer and replacement property can be acquired from a related seller.
• Formulate partnership transactions to qualify as tax-free under both Subchapter K and section 1031.

Explore the dynamic financial strategies employed by construction CFOs of various sizes and industries during this panel as they address the current risks and opportunities shaping the industry. We will dive into discussions on how disruptions in construction end markets, particularly those caused by high interest rates and slow down in Commercial office space due to changing environment with employees working from home , are influencing financial decisions. We will also address the challenge of skilled labor shortages and the impact of technology.

Learning Objectives:

• Identify the strategies implemented by CFOs to navigate the landscape of risks and opportunities.
• Review the impact of disruptions in construction end markets.

This session will focus on the following: State of the CRE Industry from the CFO Perspective: * How do the upcoming changes in tax policy, inflationary concerns, interest rates, health policy, climate change, and other regulatory developments impact your priorities and strategy for your firm? * A recent study indicated 2/3's of all CRE investment firms are hiring and challenged with labor shortages - are you seeing this same trend and how are you attracting and retaining talent within your departments or the firm in general? * Is the industry focus on climate change impacting your firm, reporting, investment strategy, financing strategy or other aspects of your firm? * Discuss your firms capital sources and whether there are concerns with respect to recent investment trends from foreign investors into US CRE? * Comment on which asset classes will face the biggest headwinds in 2023 and which sectors, and markets are primed for growth? How has the current environment, inflation and rising interest rates changed the way you think about the following: * Risk – diversification geographically & by property type, tenant concentration, etc. * Innovation and Technology * Next year’s forecast ESG – how do we measure value / progress and how / does it make a difference for your company? How is it changing? * Sustainability * D&I * Governance * Other Standardizing Transparency & Efficiency in Investor Reporting * What reporting challenges are you facing as your firm grows and/or evolves its business strategy? * What are the latest trends in reporting standards? * Are investors demanding enhanced reporting capabilities and transparency? * Does this vary based on investment strategy, risk profile (value-add, development, core)? * How have you been utilizing technology to optimize reporting and/or organizational capabilities? * What opportunities exist to improve budgeting and reforecasting? Which systems, processes, teams and best practices do you have in place now, and how do you expect those will change?

Learning Objectives:

• Recognize how the upcoming changes in tax policy, inflationary concerns, interest rates, health policy, climate change, and other regulatory developments will impact your priorities and strategy for your firm.
• Identify if the industry focus on climate change is impacting your firm, reporting, investment strategy, financing strategy or other aspects of your firm.