Our Fall Members' Meeting took place on October 25, 2019, at the Inn at Penn.

Meeting Summary

Members looked on as Matthew J. Lustig, Chairman of Investment Banking, North America; Head of Real Estate & Lodging, Lazard; and Chair, Advisory Board, Zell/Lurie Real Estate Center at the Wharton School, welcomed participants to the meeting.

The day started with Vijay Kumar, Nemirovsky Family Dean of Penn' Engineering School, and Professor of Mechanical Engineering and Applied Mechanics, who discussed the roots of artificial intelligence during his presentation, "Robotics: What is Possible and What Should You Expect Going Forward?"

The day’s first panel, "The Decline of Globalization: What Is Driving It and What Does It Mean?" was moderated by Joe Gyourko with panelists, Beth Simmons, Andrea Mitchell University Professor in Law, Political Science and Business Ethics, the University of Pennsylvania; and Mauro Guillén, Dr. Felix Zandman Professor of International Management, Professor of Management at the Wharton School.

Matthew J. Lustig and Sandeep Mathrani, Chief Executive Officer, Brookfield Properties Retail Group; Vice Chairman, Brookfield Properties discussed technological advances and advantages in retail during their session, "The Future of Retail and What It May Mean for Real Estate."

The last panel of the day was titled Structural Changes Facing the Real Estate Industry. Moderator Ron Kravit, Consultant, Tracker Capital Management, LLC; Vice Chair, Advisory Board, Zell/Lurie Real Estate Center at the Wharton School, led the discussion between panelists Jared Katseff, Engagement Manager, McKinsey & Company; Diane Hoskins, Co-CEO, Gensler; and Elie Finegold, Venture Advisor, MetaProp.