MARKET OPPORTUNITIES TRACK: Navigating Diverse Deal Structures to Adapt to Market Needs

SVP, Voya Investment Management

Stefanie Stewart is head of the West Coast Region of real estate finance at Voya Investment Management. Stefanie has been with Voya for 17 years and currently leads a team responsible for producing approximately $2B of commercial mortgages annually across multiple states. Prior to leading a team, she was a top producer among various territories in the region originating all products across Voya’s lending platform including construction/perm, bridge/value-add, CMBS and fixed rate core debt. Stefanie received a BS in Finance and Real Estate from Florida State University.

SVP, Director, Northmarq

Jeff Davis, senior vice president – director of Portfolio and Asset Management, is responsible for overseeing the asset management functions for all capital sources including life insurance companies, CMBS, agency, bridge, transitional, and construction lenders. Jeff joined Northmarq in 2010 as a loan portfolio analyst and has held various positions within the asset management department. Jeff holds a Bachelor of Science in business economics from South Dakota State University and a Masters of Business Administration from the University of Minnesota – Carlson School of Management.

Managing Director, PGIM Real Estate

Melissa Farrell is a managing director and head of U.S. Debt Originations with PGIM Real Estate. Based in New York, Melissa leads the originations team and is responsible for overseeing the origination platform of commercial mortgage loans across all major capital sources and property types throughout the United States. She is currently on the U.S. Debt Executive Council. Previously, Melissa managed the originations for the Eastern and Midwestern regions and served as the primary pricing authority in those territories. Melissa has more than 25 years of commercial real estate experience. Since rejoining the company in 1997, Melissa has held a series of management roles. She previously oversaw originations in the Midwest Region and managed the company's Chicago office for 12 years. Earlier, she had worked on the equity side as an analyst in several different areas, including acquisition and dispositions, and the capital markets group with Prudential Realty Group. Prior to rejoining the company, Melissa served a short tenure as an associate in the derivatives marketing group at Scotia Bank in New York. She began her career as a valuations analyst for a hotel valuation and consulting firm. Melissa received her bachelor’s degree from Cornell University School of Hotel Administration and earned her master of business administration from New York University Stern School of Business. Melissa holds the Chartered Financial Analyst designation.

Managing Director, Portfolio Manager, Clarion Partners

Drew D. Fung, equity owner and Managing Director, is the co-Portfolio Manager for Clarion’s Debt Investment Fund. He oversees the Firm’s subordinate debt investment activities in various types of commercial real estate debt instruments, including mezzanine loans, B-notes, and preferred equity interests. Drew is a member of the Debt Investment Committee, which approves all of the Firm’s financing activities, and a member of Clarion’s ESG Committee and Subcommittee on Resilience. Drew joined Clarion Partners in 2012 and began working in the real estate industry in 1987. He has comprehensive commercial real estate experience, including more than 20 years focused on subordinate debt that includes all property types and capital structures. He is a former Chair of the Urban Land Institute (ULI) Urban Development/Mixed-Use Council, a member of the Commercial Real Estate Finance Council (CREFC) Board of Governors, a frequent speaker at industry events, and has provided expert testimony to the U.S. Senate Banking Sub Committee regarding the impact of regulation on commercial real estate financing markets.

Chief Operating Officer, PNC Real Estate

Mr. Harrison is the Chief Operating Officer at Midland Loan Services, a PNC Real Estate business, where he leads strategy and operations to enhance service delivery and operational efficiency. David brings an innovative approach to process improvement and technology integration. He serves on the firm’s executive management team and is a member of the senior leadership group. His background in commercial real estate includes capital markets, workouts, business development and client relations. Before joining PNC, he held positions at Fitch Ratings, Key Bank, and the Archon Group. He is an active member of the MBA and CREFC and holds committee leadership positions in both organizations. He received a BS in Political Science and a Minor in Economics from the University of Houston in 1997.