FULL MEMBER & ULI LEADER EXCLUSIVE
ULI Philadelphia is excited to invite Full Members and ULI Philadelphia Leaders to the second program in the Spring Forward 2023 series - the Real Estate (Re)Forecast!
Engage with local economist Peter Linneman in an intimate gathering of real estate and land use leaders exploring how global economic trends are affecting regional real estate markets. Stick around and join our host, Carl Dranoff, on an exclusive tour of Arthaus Condominiums, the tallest building on the esteemed Avenue of the Arts and considered one of Gene Kohn's (Founder of KPF, project architects) last great commissions This immersive tour will start at the the extraordinary glass tiled lobby mural by Italian designer Sicis and take you through exquisitely decorated model units, including a luxurious penthouse, and showcase the top-of-the-line resort amenities that Arthaus has to offer. After the tour, indulge in cocktails and hors d'oeuvres in the elegant Arthaus Club Room, which walks out to picturesque gardens and terrace seating.
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Civic leader, entrepreneur and urban visionary, Carl Dranoff is the president and founder of Dranoff Properties, Inc. The company’s work, though based in and around Philadelphia, is nationally known and widely respected, with projects ranging from the adaptive reuse of historic buildings to ground up skyscrapers and complex mixed-use projects. Carl is well known in the housing industry for assembling great talent, putting out a fresh and exciting high-quality product and precision execution resulting in completion that is on time and on budget. He has kept his company nimble and has been able to successfully navigate through the ups and downs of the housing cycles, staying ahead of the trends and establishing a strong competitive advantage. His branding of the Dranoff name has made his firm easily the most recognized and sought-after name for luxury housing in the Philadelphia region. Some of Dranoff’s most well-known projects include Locust on the Park, The Left Bank, The Victor, Symphony House (named “#1 High Rise in the Nation” by Multifamily Executive and Developer Magazine), World Café Live, Venice Lofts, 777 South Broad and Southstar Lofts. One Riverside, completed 2017, was Philadelphia’s first high-rise condominium in 10 years, and the 22-story award-winning tower is completely sold out. His most recent projects include One Ardmore Place, a mixed-use transit-orientated residential, retail and parking complex in Lower Merion Township, PA and One Theater Square in Newark, NJ, a 23-story structure which is Newark’s first high rise market rate apartment building in 50 years. The upcoming 47-story condominium tower, located at Broad & Spruce Streets across from Philadelphia’s Kimmel Center for the performing arts, will be a game changer for both Philadelphia and its Avenue of the Arts. Dranoff Properties has been featured in national, regional, trade and local press including The New York Times, The Wall Street Journal, Fortune, The Philadelphia Inquirer, Multifamily Executive, Builder, Apartment Finance Today, and Urban Land. Carl has previously been named Developer of the Year by the Pennsylvania Builder’s Association, Entrepreneur of the Year by Ernst & Young, and Multifamily Executive’s Editor’s Choice. Most recently, he was selected by Philadelphia Magazine among its “100 Most Influential People in Philadelphia” as well as Philadelphia Business Journal’s “Power 100”. Carl earned his B.S. in Civil Engineering at Drexel University and his MBA at Harvard University. He was also awarded an Honorary Doctorate in Engineering from Drexel University which cited him as “a nationally recognized civic leader and entrepreneur…whose work has brought a renewed sense of history to Philadelphia and urban Americans throughout the country”.
For over 40 years, Dr. Peter Linneman's unique blend of scholarly rigor and practical business insight has won him accolades from around the world, including PREA's prestigious Graaskamp Award for Real Estate Research, Wharton's Zell-Lurie Real Estate Center's Lifetime Achievement Award, Realty Stock Magazine's Special Achievement Award, being named "One of the 25 Most Influential People in Real Estate" by Realtor Magazine and inclusion in The New York Observer's "100 Most Powerful People in New York Real Estate". After receiving both his Masters and Doctorate in Economics under the tutelage of Nobel Prize winners Milton Friedman, Gary Becker, George Stigler, Ted Schultz and Jim Heckman, Peter had a distinguished academic career at both The University of Chicago and the Wharton School of Business at the University of Pennsylvania. For 35 years, he was a leading member of Wharton's faculty, serving as the Albert Sussman Professor of Real Estate, Finance and Public Policy as well as the Founding Chairman of the Real Estate Department and Director of the prestigious Zell-Lurie Real Estate Center. During this time, he was co-editor of The Wharton Real Estate Review. In addition, he published over 100 scholarly articles, four editions of the acclaimed book Real Estate Finance and Investments: Risks and Opportunities, and the widely read Linneman Letter quarterly report. Peter's long and ongoing business career is highlighted by his roles as Founding Principal of Linneman Associates, LLC, a leading real estate advisory firm; CEO of American Land Fund; and CEO of KL Realty. For more than 35 years, he has advised leading corporations and served on over 20 public and private boards, including serving as Chairman of Rockefeller Center Properties, where he led the successful restructuring and sale of Rockefeller Center in the mid-1990s. Although retired from Wharton's faculty, Dr. Linneman continues his commitment to education through his SAM Elimu educational charity for