The Bay Area multifamily community showed up in force on May 20 as more than 130 industry professionals packed the penthouse at 450 California Street for NAIOP San Francisco Bay Area’s Multifamily Development & Capital Markets Panel. With standing-room-only attendance and strong networking throughout the evening, the event reflected the growing momentum and engagement around multifamily investment and development across San Francisco and the broader Bay Area.
The program opened with a keynote presentation from Ned Segal, Chief of Housing and Economic Development for the City and County of San Francisco, who shared an optimistic and pragmatic overview of San Francisco’s economic recovery efforts, housing priorities, and the City’s latest initiatives aimed at accelerating development activity and reducing barriers to new housing production. Attendees heard firsthand about creative strategies and policy efforts underway to help revitalize downtown, support investment, and create a more efficient path for housing development in the years ahead.
Following the keynote, Jordan Angel, NAIOP Chapter President & Senior Managing Director at JLL Capital Markets, provided a data-driven snapshot of the San Francisco multifamily market, sharing key statistics and trends that helped frame the broader conversation around capital flows, investor sentiment, supply constraints, and market fundamentals.The discussion then transitioned into a highly interactive panel moderated by Gino Canori, President & CEO of Related California, featuring leading multifamily voices from across the industry, including Pat Calihan, CIO at Prometheus Real Estate Group; Sam Fagelson, VP of Acquisitions at Mitsui Fudosan America; Sally Stocks, Sr. Portfolio Manager, Real Estate at CalSTRS; and Roman Speron, CEO of Sentral.
Panelists shared candid perspectives on today’s investment environment, underwriting realities, capital markets conditions, development challenges, and where they see opportunity emerging in the Bay Area multifamily sector.
Events like this underscore NAIOP’s commitment to expanding conversations around multifamily housing, capital markets, and the future of commercial real estate across the region.