Sign Up
Join us for a conversation where industry experts will discuss the changing policy landscape, and its implications for the commercial real estate industry.
Approximately, one year since the beginning of a nationwide lockdown, we have a new administration, with an emerging set of new policies. With COVID-19 variants affecting the near term outlook, uncertainty remains high.
- How did the changes in administration affect the economic outlook for 2021 and beyond? What are the most significant changes to our CRE outlook?
- What are the most important new policies for the CRE industry that are likely to be enacted soon, and why should market participants care?
- What are the risks associated with changing policy platforms, and what concerns are lenders, borrowers, and other industry players expressing?
-
SpeakersKeith Banhazl Managing Director, US CMBS Moody’s Investors Service
Sairah Burki Managing Director, Regulatory Policy CRE Finance Council
Victor Calanog, PhD Head of CRE Economics Moody's Analytics
Kathyanne S. Cohen Senior Vice President-Government & Public Affairs Moody's Corporation
Kevin Fagan Director of CMBS/CRE Research Moody's Investors Service
Loading feed
Contact Us:
If you have any questions about the webinar, please contact Anita Wai.
Something went wrong.
An error occurred trying to play the stream. Please reload the page and try again.
Close
Keith Banhazl is a Managing Director within the Structured Finance Group and leads the US CMBS and CRE CDO/CLO Surveillance team that includes Conduit/Fusion,Large Loan/Single Borrower, Credit Tenant Lease, Small Balance Commercial, CRECDO, CRE CLO and other structured products at Moody’s Investors Service.In addition, Mr. Banhazl oversees the review of primary US CRE CDO/CLO transactions, including the credit assessment team for commercial real estate assets within CRE CDO’s and CLO’s as well as Structured Credit transactions. He is also Moody’s Global Structured Finance Outreach Coordinator. He has been involved in various research initiatives and outreach activities related to the CRE securitization space, publishing and speaking on Moody’s behalf.
Prior to being appointed to his current position, Mr. Banhazl was a team leader within the CMBS Surveillance group focusing on Conduit/Fusion and Large Loan/Single Borrower transactions. Previously at Moody’s, he rated various fixed and floating-rate Conduit/Fusion and Large Loan CMBS transactions. Mr. Banhazl has a Bachelor of Arts degree from Brown University in Economics and History.
Sairah Burki is Managing Director, Regulatory Policy at CREFC, where she focuses on regulatory issues with a significant impact on the commercial and multifamily real estate finance industry.
Prior to joining CREFC, Sairah was a Managing Director and Head of Policy at the Structured Finance Association (SFA). Over the course of her six years at SFA, Sairah built the organization’s asset-backed policy function—developing its strategic response to new policy initiatives and regulatory requirements across a wide range of topics in the structured finance industry. Areas she covered included the Volcker Rule, risk retention, capital and liquidity requirements, Reg AB II disclosure requirements, and derivatives rulemakings. Most recently, Sairah worked extensively on the LIBOR transition, representing SFA on the Alternative Reference Rates Committee (ARRC) and co-chairing with Lisa Pendergast the ARRC’s Securitization Working Group.
While at SFA, Sairah established and served as the first Executive Director of the Structured Finance Foundation, ensuring it fulfilled its mandate to enhance educational opportunities for underserved young people through scholarship funding.
Before joining SFA, Sairah spent seven years at Capital One where she was a Director on the securitization team, working on deal execution, feasibility studies across new trust structures, and compliance requirements. During the 2008 financial crisis, as Director of Treasury Policy, Sairah pivoted from a securitization role to one focused on developing Capital One’s response to the myriad Dodd-Frank and Basel proposals that had significant corporate finance and capital markets implications. Prior to Capital One, Sairah spent three years on the capital markets team at Xerox Corporation where she worked on unsecured issuance, ran the share repurchase program, and helped manage the derivatives portfolio.
Sairah graduated cum laude from Princeton University with a BA in Public Policy and received her MBA from the University of Pennsylvania’s Wharton School.
Victor Calanog, Ph.D. CRE® is the Head of Commercial Real Estate Economics at Moody’s Analytics. He and his team of economists and analysts are responsible for the firm’s commercial real estate market forecasting, valuation, and portfolio analytics services.
Dr. Calanog's research has received awards and fellowship support from several institutions, including the Ford Foundation, the Russell Sage Foundation and the Penn Lauder Center for International Business Research.
Kathyanne S. Cohen is a Senior Vice President in Government & Public Affairs at Moody’s. Kathyanne opened Moody’s Washington, DC office in November 2013. She represents the company’s domestic and international interests in DC. Kathyanne is also responsible for supporting Moody’s global engagement strategies. This role encompasses developing and implementing Moody’s US plan, including managing relationships with trade associations, think tanks and other third parties, as well as advancing outreach efforts beyond the US, in particular in Asia and Latin America.
Kathyanne joined Moody’s in September 2008 with nearly 10 years of experience as an attorney. As a litigator, she practiced in a wide range of areas, including civil law cases involving contractual disputes, fraud actions, insurance claims and international law, as well as white collar investigations and inquiries. Prior to Moody’s, Kathyanne held positions at Kaplan Landau LLP and O’Melveny & Myers LLP. She clerked in federal court for the Honorable Lowell A. Reed, Jr., S.J. for the Eastern District of Pennsylvania.
Before working as a lawyer, Kathyanne spent several years in Washington DC, where she held positions at the Democratic National Committee and the Women’s Campaign Fund.
Kathyanne graduated with a J.D. from the Temple University School of Law, where she was on Law Review. She received a B.A. in History from the University of Pennsylvania.
Kevin Fagan is Vice President and Senior Analyst in Moody’s CMBS ratings group, responsible directing CMBS and CRE research endeavors. In this capacity, Mr. Fagan oversees production of CMBS and CRE research publications, methodologies, database and product development, and strategic initiatives for the CMBS group. Prior to joining Moody’s and working in structured finance, Mr. Fagan held CRE research roles at ING Clarion and Jones Lang LaSalle. He was also a professional engineer for eight years, designing commercial buildings in Southern California. Mr. Fagan holds an M.S. in commercial real estate development and finance from the Massachusetts Institute of Technology and a B.S. in architectural engineering from the University of Texas at Austin.