Growth trends in real estate: housing and sustainability – Nuveen – 11.5.21

Summary:

Now On Demand. As long-term real estate investors, our team of experts seek opportunities they believe are not only well-positioned for today, but also for the world we envision for the future. Join this interactive discussion where we will consider two fast-changing, dynamic contributors to real estate performance:

• Evolving housing sector — one of the hottest and most compelling sectors of the real estate market; we have seen demographic shifts that are changing where we live and how we rent and purchase housing, from the booming markets of the Sun Belt to the recovering and soaring urban CBDs, from tradition multifamily apartments to the evolution of alternative housing, including manufactured, single-family, student and senior housing. We will discuss the factors driving these changes and the opportunity for next-wave investors.
• Investing in a time of climate change — hear insights from our panel on the ways that climate change will impact not only the places where we invest, but also the type of buildings, the technology and amenities those buildings will require, and the risk-controls that may help protect our portfolios in the long term. We believe that investing in sustainable, climate-conscious real estate will drive value for our portfolios.

Speakers:

With over 20 years experience, Shawn serves as the Chief Investment Officer and Head of Funds Management for Nuveen Real Estate’s ~$90 billion Americas platform. He leads a team of seasoned portfolio managers in driving investment performance and partnering with our clients on their current and prospective real estate investments. In addition, as Chief Investment Officer, Americas Shawn oversees the end-to-end investment process. He is a member of the Global Executive Leadership Team and Americas Investment Committee.

Prior to joining the business in 2015, Shawn served as a managing director on the capital markets team of Grosvenor Fund Management. Shawn has also worked as an officer in Morgan Stanley’s real estate investment banking group. Additional experience includes positions at Lazard, JPMorgan and Sullivan & Cromwell.

Shawn graduated with a B.A. from Columbia College of Columbia University, an M.B.A. from Columbia Business School and a J.D. from Columbia University School of Law.

Nikita is the lead portfolio manager for the U.S. Cities Multifamily Strategy, an open-end apartment-specialist strategy, investing in institutional quality assets in selective resilient U.S. cities. The Strategy seeks to capture durable renter demand driven by millennials and middle income renters and to deliver enhanced income return potential with consistent cash flow distributions.

Prior to joining Nuveen Real Estate, Nikita was a senior vice president at Federal Capital Partners (FCP), where she spent a decade in multifamily asset management, and led development and portfolio management for their series of value-add multifamily funds. Nikita also worked in multifamily asset management at The Carlyle Group, and began her career as a senior auditor at KPMG LLP in its Financial Services Group. She entered the industry in 2003.

Nikita graduated with a B.S. in Accountancy from Villanova University. She is a member of the Pension Real Estate Association, the Urban Land Institute and is a Certified Public Accountant.

Abigail is the Global Head of Strategic Insights for Nuveen Real Estate. She is responsible for the organisation’s global research, sustainability and proptech and innovation functions. She oversees Nuveen Real Estate’s Tomorrow’s World Strategy which future proofs the investment strategy in light of global megatrends and integrates ESG across fund and asset management. Working alongside our Product Development team, Abigail is also responsible for ensuring that new product and the growth of the business are under pinned by solid research and sustainability considerations overseeing the global research team.

Since joining the firm in 2016, Abigail has overseen the organization setting a target to achieve Net Zero Carbon by 2040. Abigail is a member of Nuveen Real Estate’s Investment Committee and has spearheaded the integration of sustainability considerations into the acquisition process. She is also leading the organisation to develop investment guidelines related to physical and transition climate change risk. She previously worked at JLL, where she led on sustainability for the Property and Asset Management’s U.K. team.

Abigail is passionate about driving sustainable change in the property sector and sits on several industry committees including the GRESB Benchmarking Committee and the INREV ESG committee.