Palmer, Jeffrey - REIAC: Real Estate Investment Advisory Council

JEFFREY PALMER
Chief Technology Officer and Partner
PMI Properties

Jeffrey Palmer is responsible for the partnership’s strategy, planning, and product development. Prior to PMI, Palmer headed acquisitions and leasing for PMI Financial, as well as operated a business in partnership with Charles Dunn Company that served as court appointed receivers at the request of major financial institutions.

From August 1988 to May 1992, Mr. Palmer served as Chief Operating Officer of Columbia Savings and Loan’s real estate division where he was responsible for the management and liquidations of the institution’s remaining $550 million dollar real estate and REO portfolio. Mr. Palmer served in this capacity through three managements including Columbia’s original owners, the Office of Thrift Supervision’s appointed management, and the Resolution Trust Corporation. From May 1984 to October 1988, Mr. Palmer was Chief Operating Officer and directed Columbia’s successful value enhancement portfolio which acquired over 2,000,000 square feet of shopping centers, industrial parks, and office buildings for renovation, releasing, and sale within three years. Mr. Palmer also served on Columbia Savings’ loan committee.

Mr. Palmer also served as President of Wallace Moir Properties, a firm he founded with the Wallace Moir Company, that acquired and syndicated over $100 million of income property renovations through national stock brokerage firms. From February 1980 to July 1983, Mr. Palmer was Executive Vice President of Wallace Moir’s development company that built over 500,000 square feet of commercial space and 200 condominium units. From 1977 to 1980, Mr. Palmer served as vice president of a division of Kaufman and Broad where he was responsible for the acquisition of over 3,000 apartment units.

Mr. Palmer graduated with an MBA with distinction from the Wharton School at the University of Pennsylvania and Summa Cum Laude with a B.A. from the University of California at Los Angeles. Mr. Palmer has published numerous articles and has served as editor of the Real Estate Investment Advisor Council’s real estate report and moderator at several of its annual deal making conferences.

[email protected]
www.pmiproperty.com

STEVE REINSTEIN, CEO
Long Beach Judicial Partners

Stephen Reinstein is CEO of Long Beach Judicial Partners LLC, Meridiam Infrastructure’s project company, which has a signed a long-term contract with the State of California’s Judicial Council to finance, design, build and operate and maintain a new 545,000 SF courthouse in Downtown Long Beach, California. This project represents the first availability-pay, social Public Private Partnership to reachfinancial completion in the United States. With a total capital value of $495 Million, this development program includes 31 courtrooms, holding cells and administrative space for the Superior Court, 100,000 square feet of office space for five Los Angeles County justice agencies and 5,000 SF of retail space, as well as a 1,000 space parking structure renovation. Construction of this unique fast track, design-build project commenced in Spring 2011, with occupancy scheduled for Fall 2013.

With over 30 years of commercial real estate industry experience, Mr. Reinstein has played instrumental roles in financing or implementing many innovative development projects throughout the U.S. for Metropolitan Life, Homart Development, the Howard Hughes Corporation, Regent Properties and ICO Development. Mr. Reinstein’s background includes full cycle development of approximately Three Million SF of “from the ground up” and “value add” projects at a cost of over $400 Million, as well as extensive acquisition, investment, entitlement and public private partnership experience.

Mr. Reinstein holds a BA from Duke University, a Master of City Planning from Harvard University’s Graduate School of Design, and an MBA from Northwestern University’s Kellogg School. He is a founding Board Member and former Chair of the Los Angeles County Museum of Art’s Photographic Arts Council.

[email protected]
www.lb-jp.com