4th Annual South Florida State of the Market

Fueled by his innate creativity and armed with a diehard entrepreneurial spirit, Harvey Hernandez began his involvement in real estate development as a hands-on investor in the rapidly expanding South Florida market. With more than two decades in South Florida, he has observed first-hand the region’s tremendous capacity for change and progress. Holding firm to excellence from the forefront of the industry, Harvey continues to revitalize the high-end residential market by developing innovative projects that deliver the best in location, cutting- edge amenities, luxury finishes and forward-thinking design. Harvey entered the real estate industry following a successful foray scaling a technology startup that sold in year 2000. The sale provided the initial capital for the $260 million-dollar multifamily development firm, H&H Development Company -- a pivotal catalyst to Harvey’s career. These ventures paved the way for Harvey’s subsequent endeavors, giving him the necessary momentum to launch Newgard Development Group and NGD Homesharing LLC. In 2017, Harvey partnered with Airbnb to create Niido, the first and only residential brand designed to encourage and facilitate home sharing. The partnership includes multifamily developments that are tailor-made to optimize flexible living, with a suite of technology, services and amenities. The first Niido, powered by Airbnb, communities are open in Orlando and Nashville with more locations coming soon. Following Niido’s launch, in June of 2019, Harvey expanded his partnership with Airbnb to create yet another revolutionary new hospitality brand, Natiivo. Purposely designed, built and licensed for home sharing, Natiivo is the first brand to offer ownership with home sharing as an amenity. On the heels of the success of Natiivo Miami and Natiivo Austin, which both sold out before breaking ground, his latest brand LOFTY has debuted its first iteration in Brickell, Miami. Harvey’s other notable projects include Gale Boutique Hotel Fort Lauderdale, Gale Residences in Fort Lauderdale; One Flagler office building, Centro Condominium Miami and BrickellHouse.

Nitin Motwani has been the managing principal of Miami Worldcenter since 2006. He is responsible for everything from land acquisition, zoning, and entitlements to financing, joint ventures, and development. Mr. Motwani is also a managing director of Encore Capital Management, which currently has over $1 billion of investments across the country, including holdings in Florida, California, Texas, and Arizona. Earlier in his career, Mr. Motwani was the president of Merrimac Ventures. Mr. Motwani is also actively involved in building the Miami community, through his roles as the chair of the Economic Development and Technology/Marketing and Communications Committees of Miami's Downtown Development Authority. Mr. Motwani is also a member of the Greater Miami Chamber of Commerce and the Beacon Council. He is also a co-chair of the nonprofit Operation Hope for Haiti, which has helped Haiti position itself for a sustainable, long-term recovery tied to economic development, education, and health.

Marc Suarez is a managing director at Lument. Based in Miami, Florida, he originates loans utilizing Freddie Mac, Fannie Mae, HUD/FHA, and proprietary programs for multifamily housing. Since joining predecessor firm Hunt Real Estate Capital and opening the Miami office, Marc and his team have originated more than $600 million in financing. Previous employment includes serving as an executive managing director at SL Capital, where he originated $300 million in CMBS loans. He also ran his own consulting firm working on distressed debt, was a partner at a boutique development company, and was a general manager at Gables Professional Realty where he established and ran the firm’s commercial real estate division. Marc was a professional baseball player for the Cincinnati Reds and later held a management position on the scouting and player development department. Marc is an active member and sits on committees of the Boys and Girls Club of Miami-Dade County, where he spent most of his childhood. He has a Bachelor of Business Administration from Florida International University.

Throughout his career, Mr. Matus has been involved in thousands of transactions valued at more than $3 billion with expertise spanning across retail, multifamily, hospitality, office, industrial, and land. Prior to joining Franklin Street, Mr. Matus ran Marcus and Millichap’s Fort Lauderdale office as the Vice President/Regional Manager of the company’s Real Estate Investment Services division. He was with Marcus and Millichap for more than 11 years progressing from Sales Associate to Senior Associate, Vice President/Regional Manager of Fort Lauderdale and Orlando, First Vice President of Investments, and as a Director of both the company’s National Retail Group and National Multi Housing Group. Throughout his career, he has acted as a mentor, manager, and trainer for hundreds of agents. Naturally driven, Mr. Matus has received several awards for his accomplishments including being named a 50 Under 40 professional by Real Estate Forum in 2014 and a 40 Under 40 professional in 2010 by the South Florida Business Journal. He received Franklin Street’s Sales Achievement Award in 2015 and is a repeat recipient of Marcus and Millichap’s National Achievement Award, a Top Ten Agent in Ft. Lauderdale, and Rookie of the Year. Highly active in the commercial real estate community, he serves as a member of the National Association of Office and Industrial Properties (NAIOP), Urban Land Institute (ULI), and International Council of Shopping Centers (ICSC). He is also a dedicated member of his community, volunteering and donating to the non-profits Push America and the Jorge Nation Foundation. Mr. Matus received his bachelor’s degree in business administration from the University of Florida and is a licensed real estate broker in the state of Florida.

Steve Patterson joined Related Development, LLC, in 2010. He is responsible for all of the company’s multifamily rental and mixed use development activities. He also pursues investment in value-add acquisitions in all income property sectors. In the last two years, Related has closed investment transactions totaling over $600 million, and has more than 4,000 multifamily units under construction. Mr. Patterson’s 30 years of industry experience has included ownership and management positions in the development, investment syndication, asset management, property management, and construction fields. These activities included multifamily, office, retail, condo conversion and hotel properties, primarily in the southeastern U.S. His track record of profitable real estate investment ventures is valued at over $2 billion. Prior to joining Related, he held executive positions at ZOM Holding, Inc., a multifamily development and management company focusing primarily in the Southeastern U.S., and before that, held management positions for Picerne Development and Huber Hunt and Nichols, overseeing development, property management and construction functions in Texas and Florida. During his tenure, ZOM was recognized by the National Association of Homebuilders as Company of the Year in both the development and property management categories. Mr. Patterson is a State of Florida licensed real estate broker and building contractor. He served as president of the NAHB Multifamily Leadership Board, he is frequently published in trade journals, and has twice been invited to testify on housing industry matters before the Federal Reserve Board. Mr. Patterson holds degrees in engineering technology and construction management from Oklahoma State University.

Mr. Defortuna is President, CEO and Founder of Fortune International Group, a Miami-based full- service real estate firm recognized throughout South Florida, Latin America and Europe as a leader in high-end luxury real estate. He oversees all of the company’s activities across all of its business units. Mr. Defortuna is involved with the strategic decision making of the group, as well as the day-to-day operations of each of its divisions. He started the business in 1983, and quickly became a driving force in real estate. Through his company’s success and far reach into U.S., European and Latin American markets, Mr. Defortuna is widely recognized for having made a significant contribution to the internationalization of Miami and its reputation as a global business, trade and vacation hub. He currently serves as a member of the Mayor of Miami's International Council and also as Director of the Argentine-U.S. Chamber of Commerce, in Miami. Additionally, he is a member of several charitable organizations in Miami, such as Manos del Sur, Mt. Sinai Hospital and St. Stephen’s Episcopal School. Mr. Defortuna holds a Bachelors Degree in Electrical and Chemical Engineering from the National University of Argentina and a Masters in Business Administration from the University of Miami. Fully fluent English and Spanish, Mr. Defortuna is married to Ana Cristina and has five children.

Cris Sullivan is the Chief Operating Officer for Gables Residential. Gables is a vertically integrated private multi-family REIT specializing in the development, construction and management of class A apartments and mixed use communities. She oversees the management of 30,000 apartment homes and 600,000 sq. ft. of retail space located in 18 markets across the US. In addition, her responsibilities include the company’s sustainability program, facilities management group, corporate marketing efforts and the 3rd party management business. Cris began her career with Gables Residential predecessor, Trammell Crow Residential, as a leasing consultant in 1988 and has held numerous positions in property operations, learning and development and brokerage. She leads the Gables Charitable Contributions Committee and is active in a number of charities personally and professionally. Cris is a recipient of the Real Estate Forum’s 2015 Women of Influence Award. She is a graduate of Florida Atlantic University and holds a Florida Real Estate Broker’s License. Dawn Severt EXECUTIVE VICE PRESIDENT & CHIEF FINANCIAL OFFICER Dawn Severt is Executive Vice President and Chief Financial Officer. She has 24 years of experience with Gables and has been in her current role since 2005. Dawn was previously Senior Vice President and Chief Accounting Officer and prior to joining Gables in 1994, she was a Manager in the audit practice of Arthur Andersen LLP. Dawn serves on the Executive Committee of the National Multifamily Housing Council and as Chair of its Investment Committee. She is also a member of the Urban Land Institute. Dawn serves on the Board of Directors of DFB Pharmaceuticals, Inc. and as Chair of its Audit Committee. She serves on the Board of the Piedmont Park Conservancy, and as Treasurer and Chair of the Finance Committee. Dawn is a Certified Public Accountant and a graduate of The Ohio State University, participating as a member of the Alumni Advisory Board of the Fisher College of Business. John Akin EXECUTIVE VICE PRESIDENT & CHIEF INVESTMENT OFFICER John joined Gables in 2016 as Executive Vice President and Chief Investment Officer. Prior to joining Gables, he was the Chief Financial Officer and Chief Investment Officer at the Flournoy Companies. Before Flournoy, John was a Senior Vice President at Carter where he led multi-family investment and development efforts on behalf of the Carter Funds and Senior Vice President of Development and Investments at Novare Group. In his real estate career, John has overseen the financing, development, and acquisition of nearly $2 billion worth of multi-family and mixed-use projects totaling more than 7,000 units. Previously, John worked as a Principal at The Boston Consulting Group (BCG) and a Senior Consultant for Ernst & Young. He is active in the National Multifamily Housing Council and serves on the board of the Fort McPherson Redevelopment Authority. John received a Bachelor of Business Administration from the University of Georgia and an MBA from Duke University. Philip Altschuler SENIOR VICE PRESIDENT, HUMAN RESOURCES Philip Altschuler assists entrepreneurial organizations in driving revenue and profits through comprehensive talent management strategies. His strength is in creatively leveraging HR and technology innovations to improve the acquisition, development, and support of talent. As Gables' Senior Vice President of Human Resources and Learning & Development, Philip is integrating recruitment, performance management, and engagement programs into the organization's overall strategy. In addition, he directs a team that manages benefits, wellness education and incentives, and award winning 401(k) educational programs. With a reputation for high energy and strong results, Philip is passionate about coaching leaders on how to increase their effectiveness, leadership presence, and support of a healthy workforce. Committed to ongoing professional development, Philip is actively involved with the National Multi Housing Council, National Association of Real Estate Investments Trusts, the Society of Human Resource Management, and the International Coaching Federation. He has earned certifications in Leadership Coaching (Georgetown University) and Personal Branding. Philip holds a MBA from the University of Maryland and a Bachelor of Science from the University of Nevada, Las Vegas. Dennis Rainosek SENIOR VICE PRESIDENT, PORTFOLIO MANAGEMENT Dennis Rainosek is Senior Vice President of Portfolio Management. He is responsible for dispositions, risk management, property taxes, and Gables Corporate Accommodations, a division which provides furnished apartment units nationally. Dennis joined the company’s predecessor, Trammell Crow Residential, in 1986 as a Division Controller, and from 1989 to 1994 was the Chief Financial Officer for operations in Texas. He is an active member of the Texas Apartment Association. Dennis is a Certified Public Accountant and a graduate of the University of Texas. David Reece SENIOR VICE PRESIDENT, FINANCE AND CAPITAL MARKETS David Reece is Senior Vice President of Finance and Capital Markets. He is responsible for debt and equity financing, including the capitalization of new development opportunities with construction financing and joint venture equity. Prior to joining Gables, he was Director of Acquisitions for American Realty Advisors and was responsible for acquisitions on the eastern seaboard and southeast. Prior to that he was with Northwestern Mutual Life Insurance Company for 14 years and was involved in debt and equity transactions in the southeast including construction financing, joint ventures and acquisitions. David is a graduate of Iowa State University, B.A. Architecture, and MS Civil Engineering and received his MBA from Kellogg Graduate School of Business at Northwestern University. Donna Summers SENIOR VICE PRESIDENT, OPERATIONS Donna Summers is Senior Vice President of Operations. She has over 30 years of property management experience and over 21 years with Gables. She has held a variety of property management and operations roles in several markets throughout the Southeast and West, and is now responsible for property operations nationally. She holds her CPM certification and is an active member of the Institute of Real Estate Management. She also served on the Board of Directors for the Apartment Association of Greater Dallas and the Legislative Committee for AAGD. Donna attended The University of North Texas and Oral Roberts University. Joseph Wilber SENIOR VICE PRESIDENT, INVESTMENTS - EAST Joe Wilber is Senior Vice President of Investments for the East region. He has over 30 years' experience with Gables and its predecessors, and is responsible for all of the development and acquisition activities in Atlanta, Florida, and the DC area. During his tenure with Gables, he has been involved in the development, redevelopment or acquisition of more than 20,000 apartment homes. Additionally he is an active member of the Atlanta Apartment Association, where he currently serves on the Legislative Committee and previously served on the Board of Directors, is on the Board of Liveable Buckhead, and is a member of the Urban Land Institute. Joe is a graduate from The University of Georgia.

Jessica Goldman Srebnick, Co-Chair of Goldman Properties, is a second generation leader of the company founded by her late father, visionary real estate developer, Tony Goldman. Founded in 1968, the award- winning company is a creative real estate firm with a storied history in developing thriving global destinations across the United States. Marrying real estate and public art to build community, Goldman Properties is known for recognizing the value in depressed urban areas and transforming them into iconic neighborhoods such as SoHo in New York City, Center City Philadelphia, Miami Beach, and Wynwood, site of the acclaimed Wynwood Walls, winner of the 2016 “Global Award of Excellence”- Urban Land Institute. In August 2018, Goldman Srebnick was recognized as one of Forbes Icons of Impact for her continued work and leadership. She oversees a diverse portfolio of restaurants, office buildings, galleries, commercial and retail properties and large-scale public art projects including the iconic Houston Bowery wall. In July 2015, Goldman Srebnick founded Goldman Global Arts (GGA), a Miami based creative collective with co-founder, artist Peter Tunney. For its inaugural project, in 2015, the Miami Dolphins NFL franchise commissioned GGA to infuse a global art aesthetic into the newly renovated Hard Rock Stadium. In 2019, Goldman Srebnick authored Walls of Change: The Story of The Wynwood Walls. The book is a retrospective published by Assouline, showcasing Wynwood’s most celebrated murals, by street art’s most iconic figures. GGA continues to produce thought provoking large scale, creative projects for a variety of organizations, including the Miami Heat, Citibank, When We All Vote, and Wynn Hotels. In 2020, GGA was hired by the NFL to infuse street art into Super Bowl LIV in Miami. As a result, and in partnership with the NFL, GGA curated several works by five world-renowned artists including the face of the game day ticket and commemorative program. She also most recently curated a national art campaign for Michelle Obama’s organization When We All Vote to amplify the importance of voting. Goldman Srebnick is an active member of the prestigious Young Presidents Organization (YPO). She graduated from the YPO/Harvard Business School Presidents Leadership Program. She was the Miami- Dade County Co-Chair for the Miami 2020 Super Bowl Host Committee and currently serves as Chair of the Town Square Neighborhood Development Corporation (TSNDC) Board. In 2019, she was awarded the Greater Miami Chamber of Commerce Alvah H. Chapman, Jr. Young Leader Award of Excellence. In 2021, she was selected as one of the Knight’s Foundation Arts Champions, for her community leadership in helping to enrich arts and culture in South Florida. She is a passionate supporter of the Memorial Sloan Kettering's Cycle for Survival charity. Goldman Srebnick currently resides in Miami with her husband Scott Srebnick, CEO of Goldman Properties and are the proud parents of their 3 sons.

STEPHEN H. BITTEL is the Chairman and founder (1980) of Terranova Corporation, leading a team of professionals in the ownership and operation of a commercial real estate portfolio valued at nearly $1.0 billion; graduated magna cum laude from Bowdoin College, 1978; law degree from the University of Miami School of Law, 1982; founded Petroleum Realty Investment Partners in 1999; has chaired and/or served on the ICSC Open Air Centers Conference, ICSC Capital Marketplace Program and the ICSC Florida Conference. A Miami native, Bittel has been a member of the Florida Bar Association, the Mortgage Bankers Association, the Young Presidents Organization (past Chair of the Miami Chapter and the YPO Real Estate Round Table, and past Co-Chair of the Miami Chapter of WPO); served as Director on the Boards of the Community Partnership for the Homeless, the Miami-Dade Expressway Authority, the Jackson Memorial Hospital Foundation, and the Boards or four public companies; served as Trustee member for the Greater Miami Chamber of Commerce, United Way of Miami-Dade and Temple Beth Am; has written numerous articles on real estate matters and spoken at professional conferences throughout the United States and Europe; in 2005 was awarded the South Florida Business Journal “Ultimate CEO” award. Bittel is a Board member and a Vice Chairman of Development of the National Jewish Democratic Council; has led the Greater Miami Jewish Federation’s Washington Mission in 2009 and 2010; and is the National Finance Co-Chair of the Democratic National Committee and an At-Large member, serving on the Rules and Bylaws Committee. Bittel currently serves on the Board of Teach for America Miami (TFA).

As President and Co-Founder of Terra, David Martin’s ambition has been to evolve the South Florida landscape and enrich the lives of the people within it. He has spent the past 15+ years recognizing opportunities to invigorate Miami's spirit by creating truly original and exceptional spaces in unexpected places thus redefining the way people live, beyond the norm. David's vision has led the company operations, sales, and marketing as well as investment and development projects. David leads some of Miami’s most impactful real estate developments, with an emphasis on neighborhoods like Coconut Grove, Miami Beach, Doral and Weston. Examples are the Bjarke Ingels-designed Grove at Grand Bay and the Rem Koolhaas/OMA-designed Park Grove, two new luxury condos that are helping revitalize Coconut Grove. Glass, a 10-unit condo designed by Rene Gonzalez, was recently completed in Miami Beach's SoFi district. Eighty Seven Park, Terra’s newest project just up the coast in North Beach, will be a 70-unit beachfront condo designed by Pritzker Prize-winning architect Renzo Piano. Terra is also developing the Modern and Neovita communities in Doral, as well as Botaniko in Weston, a master- planned community designed by Chad Oppenheim and Roney Mateu. With a unique interest in education, the arts and health foundations, David is actively involved in South Florida’s civic and business communities. He and his wife support several organizations with philanthropic contributions, including Miami Children's Health Foundation, Vizcaya Museums and Gardens, and the Wolfsonian FIU. He’s also an advisory board member for the UM School of Architecture Real Estate Development + Urbanism program and a member of the Latin Builders Association. David and his family are also responsible for the donation of the Freedom Tower to Miami Dade College in 2008. David is a graduate of the University of Florida with a master in business administration.

Brian Gale is Vice Chairman of Cushman and Wakefield of Florida. Through his 27 year career, Brian has overseen the signing of leases totalling 12 million square feet, with a value of over $2 billion. His team currently represents almost 7 million square feet of office space in South Florida, with buildings in Downtown Miami, Brickell, Coral Gables, South Miami, Coconut Grove, Wynwood, Airport West and has clients which include Metlife, Nuveen, Related, AEW, Prudential, OKO Group, Cain International, IP Capital, CIM, L&B, Banyan and Crocker Partners. From 1993 to 1999, Brian was a broker in the Miami office of CB Richard Ellis and from there he spent the next 18 years as a broker and Principal of Taylor and Mathis before joining Cushman and Wakefield in 2016. Brian is a 2 time “Broker of the Year” winner for Miami-Dade County.