Neel Kashkari, former assistant secretary of the U.S. Treasury Department and a candidate for governor of California, will be the keynote speaker during the 10th annual Self Storage Owners Summit on July 17 at the Balboa Bay Club & Resort in Newport Beach, Calif. The event will be hosted by the California Self Storage Association (CSSA) and Talonvest Capital Inc., a boutique real estate adviser serving the self-storage industry.
Kashkari was appointed to the Treasury Department by President George W. Bush in 2006 and unanimously confirmed by the Senate as assistant secretary in 2008. The Republican gubernatorial candidate received the Treasury’s highest honor, the Alexander Hamilton Award, for his leadership in overseeing the Troubled Asset Relief Program, designed to implement programs to stabilize the financial system during the economic crisis of 2008.
Kashkari returned to California in 2009 to work for Pacific Investment Management Co. LLC (PIMCO), a global investment-management firm headquartered in Newport Beach. He led PIMCO’s equities group until January 2013, when he left the firm to explore a return to public service, according to his official website.
The summit will begin at 10:30 a.m., and Kashkari will speak at noon. The event will also include discussions on California’s Proposition 13, a tax-limiting measure passed by voters in 1978, and a session titled “Entitlement, Development & Construction in Today’s Market.” There will be specific times for self-storage owners to network, a private owners panel and a cocktail party.
Founded in 2010 and based in Orange County, Calif., Talonvest structures debt and equity for self-storage and commercial real estate investors and developers nationwide. The principals of the firm have more than 80 years of combined experience.
CSSA is a nonprofit trade association dedicated to supporting the self-storage industry in California. The group offers educational events, networking opportunities, legislative advocacy and more.