2016 REAL ESTATE CONFERENCE AGENDA April 27, 2016 • 3:00-8:30 p.m. • The Ohio Union 3:00-3:30 p.m. 3:30-3:45 p.m. CHECK-IN AND OPENING RECEPTION WELCOME Itzhak Ben-David Director of The Ohio State Center for Real Estate, Neil Klatskin Chair in Finance and Real Estate Anil K. Makhija Dean and John W. Berry, Sr. Chair in Business, The Ohio State University Fisher College of Business 3:45-4:45 p.m. REAL ESTATE TRENDS Lessons from Behavioral Economics Justin Birru, PhD, Assistant Professor of Finance, The Ohio State University Fisher College of Business The focus of Professor Birru’s research is behavioral finance. His work is published in the top academic journals in finance and has been presented in many conferences and seminars. He will be talking about the lessons of behavioral economics and the way our psychology affects our decisions about real estate investments. Are There Signs We are Reaching a Peak in the Market? Jef f rey D. Fisher, PhD, Professor Emeritus, Indiana University; President, Homer Hoyt Institute Dr. Fisher serves as a consultant to the National Council of Real Estate Investment Fiduciaries (NCREIF) that tracks about $500 billion of institutional real estate in the US. He does a quarterly webinar for NCREIF on the current trends in the data and has done extensive research with the database. He will discuss the most recent trends impacting values and returns with an eye toward determining if the data is telling us that the market is peaking or has further to go in the current cycle. 4:45-5:15 p.m. Break 5:15-6:15 p.m. DRIVERLESS CARS AND FUTURE OF CITIES How Will Driverless Cars Shape the Way We Live, Work and Travel and What Does It Mean? Barrie Kirk, Executive Director, Canadian Automated Vehicles Centre of Excellence In the 21st century, autonomous vehicles will have an impact on our transportation and transit systems, cities, economy, society and the world that is every bit as broad and substantial as the impact of the car in the 20th century. Mr. Kirk will provide an overview of the current status of autonomous vehicles, the deployment trends, and the impacts on our personal lives, businesses and governments through to 2030. The Future of Cities: The Challenge of Driverless Cars Brooks Rainwater, Senior Executive and Director of the Center for City Solutions, The National League of Cities The impact of driverless cars and other technological advances on cities, their landscape and their infrastructure is hard to predict, however experts agree it will be significant. Mr. Rainwater will provide a look at the challenges these changes pose to city and transportation planning, the predicted effect over the next 5 to 25 years, and what can cities do to prepare for these changes. 6:15-7:15 p.m. Break and DINNER 7:15-8:00 p.m. KEYNOTE Town and Gown: Universities As Urban Citizens Graham Wyatt, Principal, Robert A.M. Stern Architects American colleges and universities have historically had an equivocal relationship with their surroundings, balancing the uniquely American concept of an academic campus as a place apart with the impulse to engage students in the life of an urban community. Today, with prospective students expressing a strong preference for colleges and universities in urban settings, institutions of higher learning have taken on strategic roles in the reconception of the cities in which they are embedded. Mr. Wyatt will examine this trend and a variety of approaches universities have developed for investing in and contributing to the cultural, political, and commercial life of their host cities. 8:00-8:30 p.m. AFTER DINNER RECEPTION