Chicago Repositioning &
Adaptive Reuse 2017

Mr. Michael W. Reschke founded The Prime Group, Inc. in 1982 and since inception, has directed and managed the development and acquisition of over $11.0 billion of institutional-quality real estate projects across the United States. Mr. Reschke continues to manage and direct the private real estate development and investment activities of Prime. During the 1990’s, Prime achieved the unique distinction of being the founding shareholder of four publicly-traded real estate companies, each one being the successor-in-interest to various operating divisions of Prime. In 1994, Prime organized two publicly-traded real estate companies – Prime Retail, Inc. and Ambassador Apartment, Inc. – which became successors-in-interest to Prime’s retail and multi-family divisions. In 1997, Prime again organized two publicly-traded real estate companies – Brookdale Living Communities, Inc. and Prime Group Realty Trust – which became successors-in-interest to Prime’s senior housing and office/industrial divisions. In 1997, Ambassador Apartments, Inc. was acquired by Apartment Investment and Management Company, Inc. (“AIMCO”) in a stock-for-stock merger. In 2000, Brookdale Living Communities, Inc. was acquired by Fortress Real Estate Investments following a friendly cash tender offer. Recently, Prime Retail, Inc. and Prime Group Realty Trust were separately sold in cash-for-stock merger transactions. From 2000 until 2003, Mr. Reschke served on the board of World Business Chicago – a public-private non-profit organization founded in 2000 to promote and market the City of Chicago on a national basis to business leaders looking for a place to start, expand or relocate their businesses. Currently, Mr. Reschke is a member of the Real Estate Roundtable in Washington, D.C., the Urban Land Institute, the Economic Club of Chicago, and the Chicago Chamber of Commerce. Mr. Reschke is a summa cum laude graduate from Northern Illinois University, receiving a Bachelor of Science degree in Accounting with Honors in 1977. Mr. Reschke also is a summa cum laude graduate from the University of Illinois College of Law, receiving a Juris Doctorate degree in 1980. Mr. Reschke is licensed to practice law in the State

John is the Founder, President and CEO of Oxford Capital Group, LLC, a national real estate investment and development firm focusing on large scale hospitality, mixed-use, senior housing, multifamily, urban retail, parking, and other operationally intensive forms of real estate. Oxford Hotels & Resorts, LLC, its wholly owned management affiliate, specializes in developing, operating and branding distinctive, high design lifestyle hotels, rooftops and other food & beverage venues around the country. Oxford, its affiliates and principals have been involved in approximately $3 billion of transactions, including approximately 13,000 hotel rooms. Noted national projects include Godfrey Hotel-Hollywood, Godfrey Hotel-Boston, Metropolitan Hotel and Lexington Hotel – New York City, National Conference Center-Lansdowne, VA, Residence Inn and Spring Hill Suites in Charleston, SC, and Godfrey Hotel & Cabanas-Tampa Bay. Included in his 17 Chicago area projects (13 of which are hotels) are the recently topped off 56 story Essex on the Park luxury apartment building, and his soon to open Hotel Julian-Millennium Park. Other Chicago projects include Langham Chicago, LondonHouse Chicago, Godfrey Chicago, Hotel Essex, Hotel Felix, Hotel Cass, Hotel Versey, Claridge House, Hyatt Magnificent Mile, Renaissance North Shore, Doubletree North Shore, and Hyatt House Northwest. Additional rooftop and food and beverage venues include IO, LH, SX-Sky Bar, ALK, WTR and Spa Boutique. John and/or Oxford have been nominated for and/or won numerous awards including: Anti-Defamation League (ADL) Arthur Rubloff Humanitarian Award, Ernst & Young Entrepreneur of the Year, Crain’s “40 under 40” and Who’s Who, Developer of the Year, Development of the Year, Redevelopment of the Year, National Hotel Transaction of the Year, Historic Redevelopment of the Year and the Top Hotel in the Continental US. He earned a BA from The University of Michigan and an MBA from University of Chicago. He also studied at Northwestern University, Harvard Business School (YPO’s Presidents’ Program) and Oxford University (Christ Church).

Michael has almost 30 years of real estate experience and has been involved in over $4 billion of sale/acquisition transactions and over $2 billion of lease transactions. Recently, Michael was the Senior Director and head of the Chicago Office for American Realty Advisors, an investment advisory firm of institutional real estate. At ARA, Michael focused on asset management overseeing a portfolio of assets as well as a team of asset managers responsible for assets in the eastern half of the United States. Michael was also responsible for initially handling all dispositions for ARA Michael was a rotational member of the Investment Committee for the firm.

Prior to co-founding Spirit Investment Partners in 2009, Mr. Nachman was a founding partner and principal of AMS Real Estate Partners (‘AMSREP’), a New York based real estate investment fund formed to invest in both private and publicly traded real estate assets throughout the capital structure, across all asset types and primary US markets. Mr. Nachman was jointly responsible for all of AMS Real Estate Partners I, LP capital raising, investment decisions, and overall Fund management. From 2002 to 2007, Mr. Nachman was a Vice President of Hall Financial Group, a private investment company based in Dallas where he helped launch the company’s Structured Finance Group and had direct responsibility for originating, underwriting, and structuring of value added equity and debt real estate investments across all asset types and multiple geographic regions. In addition, Mr. Nachman maintained asset management responsibility for a $200 million structured loan portfolio as well as the Company’s approximately $1.0 billion real estate investment portfolio, including over 7,000 multifamily units. Mr. Nachman received a B.S. from Cornell University.

Lawrence Eppley is a partner in the Corporate Practice Group and Office Managing Partner of the firm's Chicago office. He is also Leader of the firm's Hospitality Team. Areas of Practice Lawrence concentrates his practice on acquisitions, real estate finance, development, public and private finance, joint ventures and raising equity, particularly in the hospitality sector. Previously, Lawrence was general counsel at Potbelly Sandwich Works, one of Chicago's fastest growing companies, and his clients rely on him as their principal outside legal counsel. He often works with middle-market and emerging growth companies, including those in the hospitality and restaurant sectors, and with structured and institutional finance. Lawrence was named as one of Law360's Hospitality MVPs in both 2013 and 2016 for his extensive work in major transactions geared towards hotel development.

David Baum is a leading figure in Chicago’s real estate development and brokerage communities. Since co-founding Baum Development, LLC (now Baum Revision) in 1989 and Baum Realty Group, Inc. in 1991, David has cultivated one business from a start-up company into an award-winning commercial and residential development firm and the other into Chicago’s leading boutique brokerage firm. David is often a featured speaker for real estate and business groups, Universities and forums and was named one of Crain’s Chicago Business’ “40 Under 40”. David is a contributor to Federal Reserve Bank of Chicago’s Beige Book and is a member of ICSC, The Economic Club of Chicago and the U.S. Green Business Council.

Allen Johnson has over twenty-five years of professional experience in historic preservation planning and consulting, with special expertise in state and federal historic tax credit certification and regulatory review for large commercial projects. Previously, Allen served as Director of Architectural Review for the Massachusetts State Historic Preservation Office. Allen has prepared successful historic tax credit applications for a wide range of historic rehabilitation projects, including the Wrigley Building, the Old Chicago Post Office, the Chicago Athletic Association, the Old Colony Building, the Stony Island Arts Bank, the Chicago Motor Club, and the Rosenwald Apartments. Allen has served as guest lecturer on the subject of historic building development at Harvard University’s Graduate School of Design, Boston University’s American Studies Department, John Marshall Law School in Chicago, the College of Architecture at the Illinois Institute of Technology, School of the Art Institute of Chicago, and the Northwestern University Kellogg Graduate School of Management. He has also been a featured speaker at regional and national tax credit workshops and statewide preservation conferences. Allen holds a B.A. degree in History, with Honors, from Macalester College in St. Paul, Minnesota and undertook Master’s Studies in Historic Preservation Planning at Cornell University.

With nearly two decades of experience in all facets of the real estate investment process, including acquisition, financing, construction management, property management and disposition, Joe guides the short- and long-term vision of 3L as founder and CEO. He oversees operations of all of 3L’s properties and leads business development. In his career, which has spanned 100 properties and 6,000 units in the Midwest region, Joe has played a critical role in more than $500 million in acquisitions, another $500 million in renovations, and $2 billion in financing. Prior to founding 3L, Joe rose through from intern to partner at BJB Partners, where he was central to the design and implementation of efficient-footprint and adaptive-reuse strategies. At BJB, Joe played a central role in designing and implementing the efficient footprint and adaptive re-use strategies he continues to innovate at 3L.

Keith M. Giles has been a pioneer in development in the City of Chicago since 1987. His firm Frankel & Giles has developed many properties including a dozen residential communities in Chicago's South Loop, which catalyzed this now vibrant and diverse neighborhood. In 2000, Frankel & Giles was recognized by the Chicago Sun Times as Chicago's "City Builder of the Year" and in 2003 for its redevelopment of 888 South Michigan – Chicago's "Best Adaptive Re-Use". This property was also awarded the "2003 Chicago Landmark Award for Preservation Excellence" by the City of Chicago. Prior to starting his real estate development career, Mr. Giles served as Vice President for Continental Bank (1981-1987) where he was responsible for real estate loans and properties across the United States. Mr. Giles has an MBA in finance from New York University (1981) and a BA in Psychology from the University of Michigan (1979).

Jack Boarman founded the multi-discipline and award-winning firm, BKV Group, in 1978 and over the last 40+ years has expanded the company to be national student housing leader with over 190 design professionals working on projects throughout the United States. Jack is a Senior Practice Leader of Housing at BKV Group, focusing his work on the development of residential environments that utilize trend-setting ideas with a creative effort that translates client’s vision into a reality. Jack embraces a vision of growth and quality, which he incorporates in each of his designs. Jack is a renowned student housing expert, and speaks frequently at national and regional events and conferences including Interface, NMHC, Bisnow, and more. Recent and notable student housing projects Jack has designed include WaHu Student Apartments and The Marshall, both in Minneapolis, MN; Georgia Heights Apartments in Athens, GA; The Standard at New Brunswick in New Brunswick, NJ; The Standard at Raleigh in Raleigh, NC; and, The Standard at Auburn in Auburn, Alabama.