Opening Remarks

Bernie S. Ocampo ’05 - Senior Asset Manager, TriMont Real Estate Advisors, Inc.

Co-Founder & Global Chair, Chicago Booth Real Estate Alumni Group

TriMont Real Estate Advisors performs asset management and servicing on over $60 billion of invested capital for its various institutional lenders and investors. The firm specializes in the handling of large, complex transactions; development deals; and distressed assets.  Currently, Bernie Ocampo is a Senior Asset Manager for TriMont Real Estate Advisors with investment management responsibilities in the U.S. West Coast and Hawaii. The investments are structured as equity joint ventures, loans (senior, mezzanine, corporate, syndicated and securitized), and as a combination of equity and debt.


Mr. Ocampo has over 19 years of commercial real estate experience in equity and debt investment management involving institutional, private and foreign investors. His multidisciplinary experience includes asset and portfolio management (equity, mortgage and REO), distressed loan workout and foreclosure, transaction management (acquisitions, dispositions and leasing), equity/debt underwriting and valuation, credit risk and financial analysis, lending, joint venture partnership governance, property management and operations, as well as construction monitoring (predevelopment, rehab and ground up development). Mr. Ocampo also has a diverse knowledge of property types, nationwide. Investments have included core, value-added and opportunistic strategies.


Prior to TriMont, Bernie was a VP/Portfolio Manager for a high growth California-based bank (now JP Morgan Chase) where he managed a $2.5B mortgage portfolio of performing and non-performing commercial assets. He was also previously employed with Prudential Real Estate Investors, GE Financial Assurance, Trammell Crow Company and Grubb & Ellis. Bernie is a member of Urban Land Institute and National Multi Housing Council.


Bernie is a Co-Founder and Global Chair of the Chicago Booth Real Estate Alumni Group (REAG). The non-profit entity was formed in 2006. The mission of REAG is to raise and sustain the profile of real estate at the University of Chicago Booth School of Business as well as enhance the school's high quality brand by providing real estate industry expertise, shared knowledge and leadership. The high impact group will recognize and leverage the extensive network of Chicago Booth real estate alumni, as well as foster value-added and life-long relationships for on-going learning and professional growth. Bernie has a BA (focus in Urban Development) from the University of Washington and a Weekend MBA from the University of Chicago Booth School of Business.

Joseph L. Pagliari, Jr. Clinical Professor of Real Estate, University of Chicago Booth School of Business

Joseph L. Pagliari Jr. is both a certified public accountant and a chartered financial analyst, with a research focus on joint ventures, the strategic aspects of leverage, the pricing and return-generating process, option-pricing, portfolio management and public-/private-market arbitrage as they apply to commercial real estate investing. His article "The Pricing of Non-Core Real Estate Ventures" was published in The Journal of Portfolio Management; "Public versus Private Real Estate Equities: A More Refined, Long-term Comparison" written with Kevin Scherer and Richard Monopoli was published in Real Estate Economics; "Public v. Private Real Estate Equities: A Risk/Return Comparison" written with Kevin Scherer and Richard Monopoli appeared in The Journal of Portfolio Management; and "Twenty Years of the NCREIF Property Index" written with Frederich Lieblich, Mark Schaner, and James R. Webb, was published in Real Estate Economics.


Based on over 25 years of industry experience, Pagliari's research goal is to attempt to answer important real estate investment questions from a rigorous theoretical and empirical perspective. He also hopes to share that knowledge with students so they can learn to make thoughtful decisions about commercial real estate investing.


He co-authored several chapters in The Handbook of Real Estate Portfolio Management, of which he is also the editor. Pagliari also has co-written material published in Real Estate Investment Trusts, Pension Fund Investing and Megatrends in Retail Real Estate.  Pagliari serves on the editorial advisory boards of the Journal of Real Estate Research and Journal of Real Estate Portfolio Management.


He is also active in numerous professional associations including the American Real Estate Society, the American Real Estate and Urban Economics Association, and the National Council of Real Estate Investment Fiduciaries. He has presented papers at a variety of academic and professional meetings, including ARES, AREUEA, NAIOP, NAREIM, NAREIT, NCREIF and PREA.


Pagliari earned a bachelor's degree in finance from the University of Illinois-Urbana in 1979. He earned an MBA from DePaul University in 1982 and a Ph.D. in finance from the University of Illinois-Urbana in 2002. His interests include sports of most every kind - some of which he still plays.