Turning the Tide

NPLA & Pitbull Conference

By Jon Hornik

The National Private Lenders Association (NPLA) is the association that represents and protects the interests of Private Lenders as it pertains to new legislation and public policy. Our organization has built a community of members made up of lenders, capital providers, brokers, developers, and industry service providers. The mission of the NPLA is to support, protect, and grow the Private Lending Industry.

Pitbull Conference is known as the “Market Maker in Private Lending,” producing the largest national Private Lending conferences three times per year. Serving the Private Lending space for more than 20 years, our success can be attributed to consistently producing premium events for industry professionals to network and grow their businesses.

Although the association is independent of the conference, moving forward, the NPLA will play a more prominent role in the event. The conference will provide high-caliber networking opportunities, crucial real-time information regarding marketplace conditions and industry standards, and a lineup of entertaining events.

We have established a strong foundation with the brightest minds in Private Lending. Now, the changes we are making will enhance the membership experience and transform the Pitbull Conference. We welcome you to join our community of members and conference guests.

Below are our membership updates and conference lineup.

NPLA Membership Updates

We believe a diversified and engaged membership base will enhance the experience of our members. That is why we have expanded our membership options. If you have heard about the NPLA, but have been unsure about joining, consider an Affiliate Membership to get your foot in the door.

Membership Details

»          $2990/year membership for one

»          $200 discount to Pitbull Conference

»          Access to one NPLA conference call per month

»          Access to all NPLA video conference call recordings

»          Full access to the NPLA Portal (Member Directory and Active Lender Directory)

»          Permission to display the NPLA logo on your company website and email signature

»          Legislative updates

»          NPLA lapel pin

This membership does not include: in-person NPLA member-only events, voting eligibility, or committee participation. Limited availability for two years.

Be Prepared for What’s to Come in 2023

The NPLA hosts biweekly meetings that have become a trusted resource for members. Members and special guest speakers discuss the most critical issues facing the Private Lending Industry. We are excited to announce our exceptional lineup of
content that will advance our mission to build community through education and mentorship.

February

»          Housing Market Forecasts and Economic Outlook for 2023
Learn what various research houses are saying about house prices and the broader economic outlook for 2023.

»          John Burns Real Estate Consulting Session: Single-Family Rental and BTR Update
Danielle Nguyen, Senior Research Manager

March

»          Cash Management for Private Lenders — How to Maximize your Balance Sheet in Tough Times
Managing cash flow is paramount in times of constrained liquidity and is essential for a company’s survival. This encompasses cost management discipline, balance sheet velocity through quick loan sales, and proactive special servicing.

»          Brokering Loans, White Label Table Funding, Closed Loan Sales
Though liquidity is tighter, it’s still there under the right terms. Learn about the various methods of funding and understand the risks and benefits of each.

April

»          Funds, REITs, Syndication, Crowdfunding
As liquidity has dried up, the private lending market has gone full circle back to some of the old ways of funding. A few examples are private placement funds, co-lender or participation of loans, and direct retail investment through crowdfunding. However, some of these methods have been refined. Learn from different lenders about the various vehicles they use to fund their loans.

»          Legal (MLPAs, Participation Agreements, Reps/Warrants, Buybacks)
Understanding key terms in loan sale and participation agreements. In good times these agreements are rarely looked at; however, changing markets tend to reveal weaker lending practices, which expose lenders to asymmetric existential risks. This session will discuss methods to ensure that your loan production is tight and adheres to the reps/warrants you are making.

May

»          Warehouse Lines
From seasoning lines (to quickly fund and sell off balance sheet) to longer-term hold lines — mark to market vs. committed. Learn about the types of lines available and how lenders use them to expand their balance sheets and create additional liquidity when capital markets are tight.

»          John Burns Real Estate Consulting Session: For Sale Market Update (New Homes and Resale)
Devyn Bachman, Senior Vice President

June

»          Insurance
The cryptic world of insurance leaves most lenders inadequately covered. For balance sheet lenders and those selling loans to loan aggregators, insurance losses could trigger buyback risks and principal losses. Learn why Homeowners insurance is not enough and the types of policy features and limits that are required.

»          John Burns Real Estate Consulting Session: JBREC’s Macro Outlook
Alex Thomas, Senior Analyst

Questions about the NPLA?

Contact Amy Kame, amy@nplaonline.com

Join the NPLA community at https://nplaonline.com/#join

Experience the New Pitbull Conference 2023

March 25-27, Ritz-Carlton, Key Biscayne, Miami

Our new event structure showcases the biggest players in the Private Lending Industry, educational and motivational speakers, and newly added networking sessions with hundreds of local brokers. We welcome you to join our community and attend our upcoming conference.

Register at https://pitbullconference.com/march-2023-event-registration/

See What the Buzz Is About — Key Biscayne Event Lineup

Saturday, March 25

»          NPLA Golf Tournament
Kick off the weekend with the NPLA Golf Tournament. Members and conference guests will enjoy a day on the greens at the Miami Beach Golf Club, including lunch, swag items, awards, and a cocktail hour. This is a great networking opportunity.

            Tournament fee not included in registration. This event is complimentary for Corporate and Associate NPLA members.

Sunday, March 26

»          NPLA Membership Meeting and Networking Breakfast
NPLA members will meet to discuss progress, goals, and strategic initiatives for the association and the industry in the coming year. We will also be hosting a member-only networking breakfast. This is a closed event for Corporate and Associate NPLA members only.

»          Pitbull Networking Session #1 (NEW Event)
Start the evening in the sponsor hall and network with new contacts. This is your opportunity to have a drink with sponsors, guests, and brokers.

»          VIP Cocktail Party
The VIP Cocktail Party is a staple of the Pitbull Conference. Sponsors and guests can kick back, relax, and prepare for a full day of education tomorrow.

Monday, March 27 — Conference Day

»          National Economist: State of the Industry
Chris Porter, SVP, Chief Demographer (NEW Event)

Join us as a nationally recognized economist will discuss how inflation, interest rates, and global volatility impact the Private Lending Industry with a specific focus on housing, multifamily, and other commercial real estate.

»          Celebrity Keynote Speaker (NEW Segment)
Listen and learn from a successful business entrepreneur who shares their insights and keys to success in their chosen field.

Panel Discussions and Afternoon Presentations

»          Capital Providers Panel
Executives from the country’s top capital-providing firms discuss how Fed decisions, macro-economic events, and other geo-political events will impact the Private Lending industry in 2023. What are the decisions you need to make to remain successful in a period of uncertainty?

»          Private Lenders Panel
Learn the key indicators to watch in a changing real estate market. This panel of experienced lending professionals will discuss the current state of investor interest, short and long-term pricing, and the impact of a changing interest rate environment.

»          Jon Hornik, Attorney, Private Lender Law
Do not miss this presentation by one of our industry’s renowned legal authorities. Mr. Hornik will chat about the economy, politics and predictions for 2023.

»          Industry Service Providers Panel
Meet the firms that will give you an advantage over your competition. This group of real estate service providers specializes in servicing you and your unique needs as a private lending professional. Learn how to leverage data and implement new technology to set your business apart from the competition.

»          Pitbull Networking Session #2 (NEW Event)
Close out the day with an opportunity to meet with sponsors, guests and brokers. Build relationships and network with new contacts.

»          NPLA Private Dinner (NEW Event)
NPLA members and invited guests will meet for a private dinner to celebrate the accomplishments of the NPLA. The evening will be held at the lavish restaurant and cocktail lounge, Marion Miami.

            This event is for NPLA members and Special Guests

»          Official After Party (NEW Event)
Time to celebrate with cocktails, dancing, music, and a few exciting surprises at El Tucan, Miami.

Questions about Pitbull Conference?

Contact Amie Ciaffoni, Director of Operations amie@pitbullconference.com

Author

  • Jon Hornik

    With 25+ years as an accomplished transactional attorney under his belt, having practiced at prestigious global law firms, Jon Hornik has worked his way to the top of the private lending industry. Hornik is the Chair of LHRG’s prestigious Private Lender Law Group — representing over 100+ nationwide lenders, originators, investors, including top Wall Street banks and many others. Hornik advises public and private companies in all aspects of secured and unsecured loan and equity transactions. Jon is a Founding Member of the NPLA. He has served on the Advisory Council and as the association’s General Counsel since its founding. He has also been the driving force in defeating proposed legislation that adversely impacts the industry. Email: jhornik@privatelenderlaw.com

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