ULI Indiana-April Breakfast Series

When

2024-04-25
2024-04-25T08:00:00 - 2024-04-25T10:00:00
America/New_York

Choose Your Calendar

    Where

    KSM (Katz, Sapper & Miller) Will open in a new window 800 E. 96th Street #500 Indianapolis, IN 46202 United States

    Unlocking Development Potential: Leveraging Incentives and Maximizing Public-Private Partnerships

     

    Economic development incentives and partnerships with government entities represent powerful tools within a developer's arsenal. However, while many developers acknowledge their benefits, understanding the intricacies of their proper structuring can significantly impact the financial success of a project.

     

    Join ULI Indiana for an exclusive discussion delving into the state of incentives, their leverage within the current development landscape, and the critical importance of tax planning and structuring. This event will also showcase a recent case study exemplifying a properly structured and executed deal.

     

    Date: April 25, 2024

    Time: 8:00 – 10:00 AM

    Location: KSM 800 E. 96th Street Indianapolis, IN 46240

    **Please note: new location for April’s breakfast!

     

    Don't miss this opportunity to gain valuable insights and strategies for optimizing development potential through incentives and public-private partnerships. Reserve your spot now!

     

    AGENDA

    8-8:30am - Registration & networking

    8:30-9:30am - Program

    9:30-10:00am - Continued networking

     

    Panelists:

    Katie Culp, CEO, KSM Location Advisors

    Chad Halstead, Tax Partner, KSM 

    Eric Gershman, Principal, Gershman Partners

     

    Moderated by:

    Aletha Dunston, Director of Indianapolis Economic Development, Develop Indy

    KSM (Katz, Sapper & Miller) 800 E. 96th Street #500 Indianapolis, IN 46202 United States

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    Speakers

    Katie Culp

    KSM Location Advisors

    Katie Culp is CEO of KSM Location Advisors, KSM’s site selection and incentive consulting practice. Previously, Katie led Cassidy Turley’s (now Cushman & Wakefield) national Location Advisory and Incentives Practice, working with corporate clients to make fully informed location decisions and maximize state and local incentives packages. Katie has also led economic development efforts in central Indiana for organizations such as The Indy Partnership/Indy Chamber, Boone County EDC, and the city of Indianapolis. Katie joined KSM Location Advisors in 2015 to expand her client services capabilities. Sensitive to the urgent nature of real estate transactions, Katie is adept at coordinating site selection and incentives timeframes with real estate and operational deadlines. She commands swift and ethical expertise in the incentives, site selection, and state and local tax arenas. Katie has negotiated nearly $1.4 billion in economic incentives and has worked with clients ranging from Fortune 500 companies to small, privately owned firms. With more than 25 years of economic development experience in 48 states, Katie understands the regional differences influencing location decisions. EDUCATION Katie received a Bachelor of Science degree in public policy from Indiana University and a Master of Business Administration degree from Indiana University. ASSOCIATIONS AND COMMUNITY INVOLVEMENT Katie serves on the executive committee of the EmployIndy board, where she was past president, and is a member of the board of directors for the Indy Chamber and WFYI. She was also recently appointed as a member of the Zionsville Redevelopment Authority. Katie has previously held various leadership positions in the following organizations: Indy Chamber, Develop Indy Council, Indiana NAIOP Chapter, Indianapolis Symphony Orchestra, Indiana University’s Kelley School of Business Women’s MBA Alumni Advisory Board, Zionsville Boys and Girls Club, Indiana Economic Development Association, EmployIndy Workforce Investment Board, and International Economic Development Council. In both 2022 and 2023, Katie was named to IBJ Media’s Indiana 250, a list of the most influential business leaders across the state in multiple industries. She was selected as the winner of Junior Achievement of Central Indiana’s 2017 Best and Brightest Award in the Real Estate, Development & Construction category. Katie was named a 2016 Woman of Influence by the IBJ and has previously been selected for inclusion in its “Forty Under 40” special report. Additionally, Katie has been recognized by Real Estate Forum as a “Woman to Watch” in its “Women of Influence” category. What is one thing you can’t live without? “Family, friends, diet coke, and red wine (not necessarily in that order).”

    Chad Halstead

    Katz Sapper & Miller

    Chad Halstead is a partner in Katz, Sapper & Miller’s Tax Services Group. With a strong background in analytical research and technical review of federal tax issues, Chad identifies innovative solutions to minimize taxes for his clients. With a primary focus on transactional tax issues in both real estate and private equity, he helps clients navigate complex formational and structural tax issues. He has particular experience guiding companies through the development and implementation of tax structures from which government incentives can be received on a tax-free or tax-deferred basis. This experience spans the country, providing Chad unique insight into the nuances of dealing with local economic development entities and their advisors. He is a frequent speaker and author on this issue. Additionally, Chad leads the firm’s Qualified Opportunity Zones (QOZs) practice, assisting clients with creating and maintaining Qualified Opportunity Funds (QOFs), ensuring compliance, identifying and monitoring projects, and more. He has helped structure QOFs ranging from small, single-asset funds to large multi-asset funds that have invested in QOZs throughout the United States. EDUCATION Chad graduated magna cum laude with a Bachelor of Science degree in business administration from Indiana University, and he received his Juris Doctorate from Indiana University Maurer School of Law. ASSOCIATIONS AND COMMUNITY INVOLVEMENT Chad is a member of the Indiana State Bar Association and Indianapolis Bar Association, where he formerly served as chair of the Tax Section. He is admitted to practice law in the state of Indiana.

    Eric Gershman

    Principal, Gershman Partners, Inc.

    Eric Gershman - Principal As a principal of Gershman Partners, Eric leads the planning and execution of the firm’s short- and long-term growth strategies as well as ongoing oversight of daily company and financial operations. He also heads a development team with a lengthy track record of delivering high quality projects in a timely manner which are long-term investments for the owners, clients and surrounding areas. He is the lead developer for The Bridges in Carmel, the Hamilton Town Center in Noblesville, Indiana and the redevelopment of Marott Center in the Mass Ave. Cultural District in downtown Indianapolis. Other high profile completed projects include the development of a 350,000 sq. ft. retail project in Wisconsin and the Penn Circle Apartments in Carmel, Indiana. With a vast array of experiences, Eric brings significant development experience to every partnership initiative ensuring its overall success and sustainability. This long-term vision starts with complex site acquisition, rightto- build issues and ultimately creative site designs and layouts. Eric understands the importance of financial engineering and attention to detail as projects mature from initial site layouts to reality then ultimately long-term investments in the portfolio. Eric received his bachelor’s degree from the Ross School of Business at the University of Michigan. He is involved with the Urban Land Institute, International Council of Shopping Centers (ICSC), Indiana Sports Corporation and the Park Tudor School in Indianapolis.

    Aletha Dunston

    Director of Indianapolis Economic Development, Develop Indy

    - I currently serve as the Director of Economic Development for the City of Indianapolis with Develop Indy, where we act as the front door to economic development for new projects, and manage business attraction, retention and expansion projects throughout the City. - Former Executive Director of the Fort Harrison Reuse Authority (FHRA), the organization tasked with the mixed-use redevelopment of the former military base into the cultural district known as ‘Fort Ben’ on the northeast side of Indianapolis IN - managing the area’s 800-acre TIF district and projects ranging from MF housing, historic redevelopment, placemaking, hotel and library projects - earning a prestigious Techpoint MIRA award for our branding efforts. - I also have experience managing the State of Indiana’s $28-million annual federal CDBG disbursement, serving as a statewide liaison to help 100+ communities access resources and plan for the future, active Main Street volunteer, grantwriter, adjunct professor and 8 years as an appointed planning and community development director. - Current State Chair of Indiana's ULI District Council - Proud graduate of the Ball State University College of Architecture and Planning - Passionate about creating great spaces, preserving great places, and continuing to support programs that move our City, State, and profession forward!