‘The Co-Era’ - Shared Economy in Real Estate

Co-working, Co-living, Co-storage. The culture of shared economy is one of the key emerging trends that have significantly reshaped the real estate industry in the past years. Practices in this space have redefined the traditional ownership model and made more efficient uses of underutilized fixed assets. What are the opportunities and challenges in faced by shared economy? How to better integrate the concept of shared economy to create value? This panel will critically examine the current and future trends of shared economy in real estate on a global scale, featuring cities like New York, Singapore, San Francisco, and London.


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Frank Apeseche (Moderator)

professor, harvard GSD

Frank Apeseche is a faculty member of the Harvard University Graduate School of Design. His courses include Building and Leading Real Estate Enterprises and Entrepreneurship, Advanced Real Estate Finance and Development, and Environment Economics and Enterprise. Frank was formerly the Co-Director of both the GSD’s MDes program in real estate and Harvard’s Real Estate Academic Initiative and is currently part of the senior faculty of Harvard’s Advanced Management Development program. His research interests target how innovation, strategy, and capital formation influence enterprise performance. Frank’s industry practice focuses on building and managing healthy real estate institutions. Over the past three decades he served as Chief Executive Officer of two national corporations, Treasurer of two NYSE REITS, and a Board member of sixteen additional companies. Frank is currently Chairman of Amstar, an international real estate private equity firm. He is also a member of the Board of Directors of Launchpad Venture Group where he specializes in financing disruptive growth companies in the real estate technology and cleantech industries. Previously he was Chief Executive Officer of The Berkshire Group. During his twenty six years at Berkshire he helped develop more than a half dozen nationally-branded subsidiaries serving the multifamily, long-term care, hospitality, real estate private equity, and mortgage finance industries. He subsequently took three companies public on the NYSE and then created Berkshire’s US institutional advisor, which grew to a $7 billion, discretionary AUM business. Frank received his BA from Cornell University and his MBA from the University of Michigan.

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Jill Ju

investment director, the collective

As Investment Director at The Collective, Jill is responsible for the firm’s fund raising, investment acquisitions, and strategic growth internationally. The Collective has developed the largest co-living community, a well-amenitized, fully-stabilized 550-bed asset in London, and is expanding internationally to be the best co-living provider worldwide. Prior to The Collective, Jill worked for Greystar managing its £1bn plus student housing portfolio in London and Charleston, SC, and for UBS Investment Bank on its Asia cross-border M&A team in Hong Kong and Beijing. Jill received her MBA from Harvard Business School and graduated from Peking University with a Bachelor of Economics. She was recently listed by Forbes as “30 Under 30” in European Finance.

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Brian Lee

senior director, common

Brian Lee is a Senior Director of Real Estate of Common, which redesigns city living for community, convenience, and exceptional value, meeting the needs of modern renters across the country. Prior to Common, Brian worked on thfe development team at Tishman Speyer, redeveloping office buildings in Manhattan. Prior to Tishman Speyer, Brian worked at UBS Hong Kong in the Fundamental Investment Group, investing in publicly-traded Chinese real estate companies. Today, Brian works with real estate partners to expand Common’s residential and technology platform, which currently spans five cities and 20 homes across the U.S.

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Ryan Murphy

Manager, Ollie.co

Ryan currently serves as Corporate Partnerships Manager at Ollie (ollie.co), a leading coliving platform based in New York City. In partnership with institutional real estate investors and developers, Ollie is humanizing housing for urban renters through an “all-inclusive coliving” model that combines thoughtfully appointed furnished micro-studios and shared suites with extraordinary lifestyle-relevant services, abundant amenities, and unique community engagement activities.

Ryan joined Ollie in July of 2017 to launch their Community Engagement and Events platform: Ollie Social (olliesocial.co).  With a background in Experiential Marketing, Ryan views Ollie Social as not only an added amenity to Ollie residents and a tool to help foster a sense of community but also as an organic marketing and content generator.  With the success of Ollie Social, Ryan moved from events to partnerships to help Ollie's expansion team manage deal flow and contract execution.  Her next endeavor will be assisting in the launch of Ollie Labs, Ollie's suite of separable services to help developers bring all-inclusive living to existing and future conventional residential builds.  Ryan also hosts their online interview series, OlliePod.

Ryan holds a Bachelor's Degree from Trinity College of Arts & Sciences at Duke University ('13).

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Jing Ren

Economist, CBRE Econometric Advisors

Jing Ren is an economist with CBRE Econometric Advisors in Boston. Her primary responsibilities include forecasting commercial real estate metrics for U.S. markets and developing real estate pricing models. Dr. Ren has a strong background in econometric modeling, and taught Econometrics at Brandeis University prior to joining CBRE. Currently she is also a lecturer at Harvard University Graduate School of Design, teaching Market Analysis and Urban Economics.

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Eli Sokol

development manager, starcity

Eli Sokol oversees development, design, and entitlements efforts at Starcity, a company that owns, builds, and operates co-living communities. Starcity’s mission is to make great cities accessible to everyone. Current projects include two of the largest co-living developments in the United States, located in San Francisco and San Jose. Eli is passionate about architecture’s potential to transform and improve urban living, and he has previously worked on large-scale commercial real estate developments in New York City and San Francisco. He holds a Master of Design Studies in Real Estate from Harvard University and a Bachelor of Arts in Architecture from Washington University in St. Louis.