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Mayor Mike Rawlings congratulates The Real Estate Council on its 25th anniversary
DALLAS MAYOR Mike Rawlings
What would Dallas look like without The Real Estate Council? When I think about the most transformative projects in our city — Klyde Warren Park, revitalization of our neediest neighborhoods, complicated projects like the Dallas Urban Land Bank — in every instance, The Real Estate Council has been a driving force for exciting change. When The Real Estate Council formed 25 years ago, the commercial real estate industry, and Dallas as a whole, was hurting. Leaders joined together to strengthen the industry — and the community — because, as commercial real estate goes, so goes Dallas. Today the industry is riding high, and construction cranes again dot the skyline as a symbol of Dallas prosperity. The commercial real estate industry is a vital driver of our economy, and The Real Estate Council is stronger than ever before with its 1,700 members and more than 500 member companies working together to improve quality of life in our city. I’m proud of the accomplishments of this unique organization, and I’m grateful
Linda McMahon, Mayor Mike Rawlings and Frank Mihalopoulos for the support The Real Estate Council continues to provide to this city’s most important initiatives, including GrowSouth, visionary design projects, and numerous education efforts that work to give all of our citizens a chance to succeed.
We’re all lucky we don’t have to see what Dallas would look like without The Real Estate Council. Instead, for many years to come, The Real Estate Council will be working to influence public policy, transform our community and develop the leaders of tomorrow.
The Real Estate Council Founding Board Members THE REAL ESTATE COUNCIL PRESIDENT AND CEO Linda McMahon
CHAIRMAN Sue Ansel GABLES RESIDENTIAL
What does it mean to “build the city you’ve imagined?” For The Real Estate Council, it means formulating big ideas, joining forces and pooling resources to do great things. As the largest organization of its kind in Texas, we are a formidable group of dreamers and doers who are not afraid to make the hard decisions and take the first steps. The Real Estate Council strengthens the real estate industry and the communities in the Greater Dallas region by connecting, engaging, empowering, leading and influencing. Our member commitment runs deep. Our member companies passionately support our model of civic involvement, philanthropy and voluntarism. They are fully invested in the important work we do, which is evidenced by the thousands of hours they dedicate in the community to ensure we achieve transformational change. The leaders of this organization are the leaders of our community, which you can readily see throughout this special anniversary publication. I’d like to thank each and every one of them for joining in this celebration of 25 years together and for having the determination to build the city you’ve imagined.
The collective impact The Real Estate Council has made over the last 25 years is inspirational. The Real Estate Council Foundation has contributed nearly $10 million in funds to more than 90 nonprofit community organizations further enhanced by volunteer hours valued at more than $750,000 annually. Over 25 years, we have contributed more than 45,000 volunteer professional service hours to make a positive difference, improving lives through community initiatives that impact education, housing, job creation and the environment. Our Political Action Committee has contributed to the growth of our community, working to shape public policy that gives Dallas its enduring competitive edge. As we look to the next 25 years, The Real Estate Council is committed to transforming neighborhoods and touching individuals — creating opportunities for the recipients of our efforts while enriching the experiences of our members who give so generously of themselves.
Tom Allen Allen J. Anderson Ronald Brame James G. Buis John W. Carpenter, III Thomas E. Clarke Robert L. Gray Charles A. Klepfer M. Thomas Lardner Bobby W. McMillan
William G. Mundinger, II J. Marc Myers C. Randall Parish Ross Perot, Jr. Michael V. Prentiss Jesse K. Pruitt Paul Pulliam Neal D. Sleeper Anthony B. Toro Kathleen Price Wilke
Photo by Steve Reed
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For 25 years, The Real Estate Council has led the industry on issues that impact Dallas THIS SUMMER, a proposal to ramp up in Dallas affordable housing requirements rankled the real estate community. The Real Estate Council sent a formal letter to the mayor and city council requesting a place at the table for the industry to explore the issue. BY STEVE BROWN SPECIAL CONTRIBUTOR
It’s one of the few times the business group has taken such a high-profile stance in the public policy arena. But for 25 years, the property industry organization has often worked behind the scenes in the community, donating time and money to civic projects and fostering professional development. It’s collaborated with local government leaders on issues important to real estate. “We would really like to lead the industry by connecting our members, influencing policy and transforming our community,” said Sue Ansel, chairman of the more than 1,700-member The Real Estate Council. That doesn’t mean jumping into every neighborhood zoning scrap or always being the go-to for the real estate industry point
“They get the job done, which is the most important part.” The Real Estate Council Foundation so far this year has invested hundreds of thousands of dollars in community initiatives benefiting organizations, including Genesis Women’s Shelter, Interfaith Housing Coalition, Paul Quinn College, Wilkinson Center and Uplift Education. The group’s Community Fund has provided loans and backing for projects in low-income neighborhoods. It has committed more than $850,000 in funds over a three-year period. The Real Estate Council’s annual FightNight in the last 27 years has grown to one of North Texas’ largest philanthropic events, raising more than $24 million to further the
“There was a sense that this was a fantastical notion – it wasn’t realistic,” she said. “But The Real Estate Council and Jody Grant began raising money to make it happen.” Grant, who is chairman of the Woodall Rodgers Foundation that oversees the park, said The Real Estate Council deserves thanks for its contributions in the early stages of the project. “When they selected the deck park as the recipient of their first impact grant, they helped spur momentum for a fantastically creative idea,” Grant said. “Building a public gathering space over a freeway has had a tremendous impact on the quality of life in Dallas.” Along with community involvement, The Real Estate Council helps its members with professional development through its Speakers Series. And it offers educational classes in real estate for the nonprofit community. “We have record numbers of members volunteering for our Foundation,” said The Real Estate Council President and CEO Linda McMahon. “It’s boom time for they industry and they are busy, but they keep giving back to the community.” McMahon said with the property sector surge in North Texas, the ranks of the organization have increased by about 600 members in the last five years. “It’s at an all-time high,” she said. “And we expect it will continue to grow. “Employment has grown significantly
The Associate Leadership Council 2016 class.
of view on every issue. Instead, the council has taken a more thoughtful approach in the quarter-century since it was started. “Our goal is to be an honest broker for issues that impact real estate,” said Ansel, who is also president of apartment builder Gables Residential. “Our organization has been through many business cycles both good and bad. “We feel like we can have a positive impact in the community.” Texas mythology says that oil and gas and ranching are the state’s signature industries. But real estate accounts for about a sixth of the Dallas-Fort Worth area’s economy, employing more than 90,000 people. D-FW commercial real estate firms have an annual payroll of more than $11.5 billion. “That’s a lot of people involved in the industry,” Ansel said. “Our goal is to tap into that and connect those people.” Members of The Real Estate Council represent 500 firms from all parts of the property businesses in North Texas. The organization got its start in 1990 when a handful of the area’s top real estate players came together to talk about a broad zoning overhaul that was in the works for Dallas. “Initially it was to rally around issues we were facing,” said Dallas developer Jeff Swope at Champion Partners, and one of TREC’s founding members. After the zoning proposals were settled, the organization’s mission grew. “It’s inspiring to see what is happening for those of us who were on the front end of the organization,” Swope said. “We had no idea how it would evolve.” Swope said the council has always taken a measured approach to hot-button issues. John Crawford, who heads the economic development group Downtown Dallas Inc., said The Real Estate Council is a powerful player in the industry and has the ability to influence local government decisions. But the group has maintained a reputation of fairness and respect, he said. “They have been very mindful about what role they need to play,” Crawford said. “They have been very careful to talk to their membership and people outside to determine the impact their various decisions have had.
Sue Ansel and Paul Rowsey
Foundation efforts. One of the visible causes the council has supported was development of Dallas’ popular Klyde Warren Park. The 5.2-acre deck park constructed over Woodall Rodgers Freeway connects booming areas of downtown and the Dallas Uptown district. The park concept had been talked about for decades and opened in 2012. It’s been one of the most transformative developments in Dallas and has proved to be one of the city’s most popular public amenities. In 2004, The Real Estate Council provided a $1.5 million grant to study the feasibility of the park and gave staffing support to kick off the project. “We hired architect Jim Burnett to do a model and a plan to help The Real Estate Council get the grant put together,” said John Zogg, managing director with Crescent Real Estate, one of the earliest proponents of the park. “The Real Estate Council gave the risk capital when the park was just an idea and we didn’t know if it would work or not.” After The Real Estate Council kicked off efforts, the public and private sector rallied around the park development proposal. “People really don’t associate them with the park and understand how instrumental The Real Estate Council was,” said former Dallas city councilwoman Angela Hunt. “They provided some initial seed funding to plan the park.” Hunt said the park concept was at first considered far-fetched.
in the real estate sector across all fronts,” McMahon said. “We have a tremendously high level of engagement in our organization on issues that are important to the industry.” To ensure future involvement by a new generation, The Real Estate Council has fostered its Young Guns group for professionals under 35. “And we’ve set up a program of senior leaders in our community mentoring young professionals,” McMahon said.
The Real Estate Council Foundation so far this year has invested hundreds of thousands of dollars in community initiatives benefiting organizations, including Genesis Women’s Shelter, Interfaith Housing Coalition, Paul Quinn College, Wilkinson Center and Uplift Education.
“One of the things our organization offers is leadership development for the future generation of leaders.” McMahon said increasing development constraints in North Texas and pressures created by the region’s growth regularly raise concerns by members regarding planning and political issues. “I get a call from someone almost every day who is concerned about something,” she said. “We feel it’s really important we don’t take sides on any one particular development issue. “We try to stay above the fray and get involved in issues that really impact the broad community.” The Real Estate Council recently joined with the Dallas Builders Association to request that Dallas city leaders give the industry a bigger part in planning what could be significant new requirements for affordable housing construction. “We all represent the entire spectrum of residential, commercial and land development,” McMahon said in a letter signed by more than a dozen other real estate industry execs. “Please allow us the opportunity to work with city leadership and staff to develop a program and process that works for Dallas.” The Real Estate Council former chair Will Mundinger II, WM2 Company, LLC, said the group has developed a good working relationship with local government leaders. “We have become a voice for the real estate industry that people listen to,” Mundinger said. “But we don’t just shoot our mouth off. “We are somewhat measured in what we support and what we don’t,” he said. “We don’t want to just be a shill for the industry.”
The Real Estate Council’s Young Guns participate in leadership development programs.
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FightNight and Giving Gala raise millions to fuel TREC’s philanthropic efforts THE REAL ESTATE COUNCIL annually stages two popular fundraisers that each date back more than two decades and provide the means for the grants and community projects funded by TREC Foundation.
Photo by James Edward
FightNight
Muhammad Ali with Alan Peppard.
Troy Aikman and Sugar Ray Leonard with guests.
“
FightNight and the Giving Gala each draw more than 1,200 attendees every year and collectively have raised millions of dollars since they were created as a Foundation funding tool. FightNight typically is held in the spring while the Giving Gala is produced in the fall. FightNight is a Las Vegas-style event that features dinner, professional boxing and casino gaming. The evening allows members of the real estate industry and political community to come together. Since its creation in 1988, FightNight has grown to one of North Texas’ largest philanthropic events, raising more than $24 million to support The Real Estate Council Foundation and its work in the community. Bill Vanderstraaten, Chief Partners LP, who chaired the 2015 event, said FightNight has become a long-standing tradition in Dallas because it is a celebration of the real estate industry with a fun format. Real estate appraiser Steve Crosson, principal of Realty Capital Solutions, was brought in to produce the fights the very first year and has been involved with the event ever since. “It’s become a fixture on the philanthropic scene,” Vanderstraaten said. “At the last event, we had George Foreman walking around talking to people. It definitely has a Vegas feel to it.” Vanderstraaten said this year’s event hosted 1,300 guests and raised $1.3 million from sponsorships, ticket sales and raffles.
The other high-profile fundraising event sponsored by The Real Estate Council is the Giving Gala. This year’s event, set for Nov. 12, will be held at Gilley’s Dallas and feature Jana Kramer, an Academy of Country Music Female Vocalist of the Year. The Giving Gala raises important funds to help fulfill TREC’s mission of making a tangible positive difference in Dallas’ low-income neighborhoods and to ensuring a bright future for Dallas. The annual gala, founded 23 years ago, has helped raise funds for community service projects in four key focus areas — education, housing, job creation and the environment. More than $630,000 was raised at last year’s Giving Gala. Tanya Hart Little of Hart Commercial is chairing this year’s Gala. She said both the Gala and FightNight have become “iconic Dallas events that fill the Foundation buckets.” “Both events offer a great opportunity to network and spend time together,” she said. “They’re great, fun events that everyone loves attending. And we’re making such an impact.” Hart Little said The Real Estate Council members are passionate about giving back to the community in a meaningful way. “The organization is a very diverse group of people and there really is a leadership component,” Hart Little said. “It’s got reach, breadth and depth.”
The Real Estate Council members are passionate about giving back to the community
Lyle Lovett and David Shuttee.
in a meaningful way. – Tanya Hart Little, 2015 Giving Gala chair
Paul Rowsey, Pat Gibson and Linda McMahon.
“ President George W. Bush and Don Griffin.
Above, EY with George Foreman; right, Sugar Ray Leonard with Steve Crosson.
Kaye Dawn Lunsford, Clint Black and Holt Lunsford.
ALC class with 2014 Giving Gala performer Roger Creager.
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TREC works to foster a ‘can-do’ climate in Dallas THE REAL ESTATE COUNCIL researches, monitors and advocates for local and statewide public policy issues that affect the commercial real estate industry, as well as keeping an eye on economic vitality and quality of life issues in the greater Dallas area. The Real Estate Council stays abreast of political and educational issues that affect Texas residents. Additionally – we endorse and support various candidates for the Texas legislature, and Dallas City Council and DISD. POLITICAL ACTION COMMITTEE The PAC uses member contributions to support candidates, advocacy efforts, policy campaigns and programs addressing the following local and statewide issues: development process improvement; green building; integrated storm water management; zoning code; tree mitigation; economic development, including
GrowSouth; transportation; tax policy; economic development and responsible growth; protection of private property rights; water and affordable housing. A board of directors chaired by Frank Mihalopoulos of Corinth Properties governs the PAC and meets to discuss and follow issues and candidates. Mihalopoulos said the group stays engaged with issues both to support the real estate industry but also to lend professional knowledge when needed. “We stay engaged in the community and help with any issues that we can,” he said. “We advocate for good development and best practices. Our goal is to make sure that our
industry is understood.” Mihalopoulos said the PAC works “handin-hand” with the City of Dallas, for example, on ways to streamline zoning, development and building permits. He said the group is interested in fostering a “can-do” business climate in Dallas so engineers, architects, developers and other building professionals can easily navigate the process. “If it’s easier to go to a Plano or a Frisco, businesses will do that,” Mihalopoulos said. “The economic vitality of Dallas is really important to us.” When it comes to supporting various candidates for office, Mihalopoulos said the PAC members interview candidates and make recommendations. “We have no political affiliation,” he said. “It’s all based on the individual. We look at their knowledge, tools and attitude.” EDUCATION COMMITTEE Because public education is an important focus of The Real Estate Council, the Education Committee was formed to keep the organization involved. The committee is responsible for leading TREC’s education initiatives related to Dallas ISD and public charter schools with the following understanding: The health of the public school system in Dallas is essential to a healthy business climate. The committee also guides endorsement
and financial support of Dallas ISD candidates, attends Dallas ISD meetings and works with other organizations that have educational agendas such as the Dallas Regional Chamber. Gerry Hedgcock, Crow Holdings Capital Partners, L.L.C., and chairman of the Education Committee, said education is a topic that people are very passionate about. “A strong education leads to innovation, productivity and opportunity,” he said. “It’s an ever-changing environment and it takes time, patience and work to find solutions. A strong education system benefits everyone. We want to be part of the conversation and a part of the solution.” Hedgcock said the group of 50 volunteers meets several times a year for committee work. Subcommittees include early childhood, young adults, facilities and political. Dallas ISD board members routinely speak to the group about important educational issues affecting the district. “If addressing the needs of DISD were easy, it would have been done by now,” Hedgcock said. “A lot of smart people are working on it.” The Real Estate Council this year committed $25,000 for local educational scholarships to honor the group’s milestone anniversary. The group also joined the Dallas Mayor’s Intern Fellows Program, hosting nine DISD students on real estate-focused internships.
Frank Mihalopoulos, PAC chairman
Celebrating 25 Years
Jeffrey Ross, VP; Ronnie Hansen, President; Scott Davies, VP
PlainsCapital Bank congratulates and commends The Real Estate Council for 25 years of dedication and service to our community. PlainsCapital is a proud member of TREC and admires their commitment to foster development within the Dallas area. PlainsCapital Bank takes volunteerism and philanthropy very seriously, because we know the positive impact it has on our community. Thank you, TREC, for your proven commitment to giving back!
214-252-4000 PlainsCapital.com
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Equal Housing Lender Member FDIC
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FORMER TREC CHAIRMEN AND COMMUNITY LEADERS
The Real Estate Council Legacy Leadership
Photo by Maria Olivas
From left Frank Schubert, Joe Griffith, Jim Berry, Holt Lunsford, Paul Rowsey, Will Cureton, John Scovell, Mark Gibson, Todd Williams, Will Mundinger and Tony Dona.
From left, Jeff Swope, Karl Zavitkovsky and David Gruber.
From left, Jim Berry, Holt Lunsford, John Scovell and Paul Rowsey.
Paul Rowsey, Compatriot Capital, Chairman Linda McMahon, The Real Estate Council Jim Berry, Deloitte Will Cureton, Ascension Development Michael Dardick, Granite Properties David Deniger, Olympus Real Estate Partners Tony Dona, Thackeray Partners Robert Feldman, UCLA School of Law Mark Gibson, HFF Joe Griffith, JPMorgan David Gruber, MetroAmerican Developers, LLC Chancellor Lee Jackson, University of North Texas Bill Kramer, Republic Title of Texas, Inc. Holt Lunsford, Holt Lunsford Commercial Will Mundinger II, WM2 Company, LLC Ken Sandstad, The Sandstad Group, LLC Frank Schubert John Scovell, Woodbine Development Corporation Bill Sechrest, Calhoun, Bhella & Sechrest, LLP Jeff Swope, Champion Partners Ken Townsend, Boulevard Builders Michele Wheeler, Jackson-Shaw Todd Williams, Commit! Karl Zavitkovsky, City of Dallas – Office of Economic Development
From left, Mark Gibson, Frank Schubert and Joe Griffith.
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2015 TREC Boards The Real Estate Council Executive Committee Sue Ansel, Gables Residential, Chairman Linda McMahon, The Real Estate Council, President Paul Rowsey, Compatriot Capital, Past Chairman Diane Butler, Butler Burgher Group, Vice Chairman Troy Butts, KPMG, Treasurer Susan Cox, Jones Day, Secretary Frank Mihalopoulos, Corinth Properties, PAC Chairman Tanya Little, Hart Advisors Group, LLC, Giving Gala Chairman Bill Vanderstraaten, Chief Partners LP, FightNight Chairman
Front row, from left: Susan Cox, Sue Ansel, Linda McMahon, Diane Butler and Paul Rowsey. Back row, from left: Will Adams, Jeff Montgomery, Troy Butts, Clark Pulliam, Eric Beichler, Brian Bischoff, Brian Smith and Nathan Golik.
Clark Pulliam, Chicago Title, Membership Chairman Eric Beichler, Mohr Partners, Programs Chairman Gerry Hedgcock, Crow Holdings Capital Partners, L.L.C., Education Chairman Brian Smith, TRT Holdings, Inc., Young Guns Chairman Nathan Golik, Carter Validus, ALC Chairman 2015 Jeff Montgomery, Republic Title of Texas, ALC Chairman 2016 Brian Bischoff, Chief Partners, LP, ALC Class Representative Will Adams, Falcon Realty Partners, LLC, ALCAA Chairman
The Real Estate Council Board of Directors Susan Arledge, Cresa Dallas Christina Bailey, Humphreys & Partners Architects Jim Berry, Deloitte. Kim Bonfield, KDC Kim Butler, Hall Financial Group Dodge Carter, Crow Holdings Kate Cavanaugh, Stewart Title Clint Corn, Klabzuba John Cullins, EY Jim Curtin, HFF
Andy Dow, Winstead PC Melissa Eastman, Stewart Title Clifford Fischer, Fischer & Co. William Flaherty, Rosewood Property Corporation Jamie Fox, Bank of America Merrill Lynch Duncan Fulton, GFF Mike Geisler, Venture Commercial Real Estate, LLC Sam Gillespie Chris Hipps, CBRE Ran Holman, Vantrust Real Estate, LLC
Bill Jackson, NorthMarq Capital Suzan Kedron, Jackson Walker LLP Kevin Kelley, Gardere Wynne Sewell LLP Jim Knight, BURY Eric Krueger, Balfour Beatty Construction Michael Krywucki, Munsch Hardt Kopf & Harr PC Thomas Kuhlmann, Lincoln Property Company Tom Lawyer, JP Morgan Frank McCafferty, Cushman & Wakefield Dennis Noebel, Chicago Title
Barry Olson, Goldman Sachs Bruno Pasquinelli, CB JENI/Normandy Homes Jeffrey Price, Jones Lang LaSalle Patrick Ramsier, LegacyTexas John Reichenbach, Capital One Andrew Richardson, The Howard Hughes Corporation Joe Samford, Regions Bank Alan Shor, The Retail Connection Sabine Stener, Gaedeke Group, LLC John Turner, Rockstreet Partners, LLC
2015 Foundation Board of Directors Sue Ansel, Gables Residential, Chairman Diane Butler, Butler Burgher Group, Vice Chairman Kent Howard, US Bank, Fund Development Chairman Chad Schieber, Beck Group, Professional Services Chairman Katy Slade, Gables Residential, Community Initiatives Chairman Jonathan Wood, GFF, Metrics Chairman Nathan Golik, Carter Validus, ALC Chairman 2015 Susan Cox, Jones Day, Secretary
2015 PAC Board of Directors Frank Mihalopoulos, Corinth Properties, Chairman Sam Gillespie, Vice Chairman Linda McMahon, The Real Estate Council, Treasurer Troy Butts, KPMG, Assistant Treasurer Sue Ansel, Gables Residential, Ex-Officio Brian Driesse, Equity Office, ALC Class Representative Kellie O’Lear, Jackson-Shaw, Young Guns Representative Justin Goertz, Marvin F. Poer & Company, ALCAA Representative Stephen Bancroft, Trammell Crow Residential Evan Beattie, GFF John Bielamowicz, Biel Partners
Robert Bennett, Thackeray Partners Vicky Gunning, Locke Lord, LLP Greg Kraus, Invesco Shery Layne, Comerica Bank Terrence Maiden, Corinth Properties Jason Mattox, Behringer Jeff Montgomery, Republic Title of Texas Courtney Naudo, Deloitte. Deborah Newman, KeyBank
Jud Pankey, Prescott Realty Group Tucker Thomas, Higier Allen & Lautin P.C. Jill Ibison-Vessels, Corgan Associates, Inc. Lindsey Jamar, Republic Title of Texas, ALC Class Representative Elias Bahar, Pritchard Associates, Young Guns Representative Josh Hedderich, Parmenter Realty Partners, ALCAA Representative
2015 Community Fund Board of Directors
2015 Community Fund Advisory Board
Troy Butts, KPMG, Treasurer Bill Vanderstraaten, Chief Partners, LP, FightNight Chairman 2015 Tanya Little, Hart Advisors Group, LLC, Giving Gala Chairman 2015 Diane Chavez, JPMorgan, Community Fund Liaison Robin Minick, The Real Estate Council Foundation, Foundation Director Linda McMahon, The Real Estate Council, President Natalie Anderson, Wells Fargo Bank
John Cullins, EY Vance Detwiler, Prescott Realty Group Kim Hogan, HOK Suzan Kedron, Jackson Walker LLP Jim Knight, BURY Michael Krywucki, Munsch Hardt Kopf & Harr, P.C. Jason Mattox, Behringer William Mundinger III, Crow Family Holdings Jon Napper, Courtland Development Mitch Paradise, Paradise Development Partners Joseph Pitchford, Crescent Real Estate Equities Manny Ybarra, Pillar Commercial
Gilbert Gerst, Bank of Texas, Chairman Diane Chavez, JPMorgan, Loan Committee Chairman Susan L. Fish, Consultant Joe Griffith, JPMorgan Mattye G. Jones, Coats Rose Dora Ramirez, Wells Fargo Bank Matt Siekielski, NexBank Capital Inc. Yelda D. Tuz, Bank of America Merrill Lynch Robin Minick, The Real Estate Council Foundation, Secretary Linda McMahon, The Real Estate Council, President
The Real Estate Council Staff Linda McMahon, President and CEO Carla Brandt, CFO Debby Hanson, Vice President – Marketing and Events Kara Hobbs, Community Engagement Manager Stephanie Keller Hudiburg, Director of Programs and Partnerships
Megan McLoud, Public Relations and Events Coordinator Robin Minick, Vice President and Foundation Director Holland Morris, Leadership Development Manager Maggie Parker, Community Fund Loan Officer Christina Garcia, Executive Assistant/Board Relations
Haley Ruth-Ognoskie, Database Administrator Amy Stovall, Membership Manager Beth Waller, Marketing and Communications Coordinator Mekdes Yae, Accounting Manager
Richmond McCoy, UrbanAmerica Advisors Susan Hoff, United Way of Metropolitan Dallas Cynthia Yung, The Boone Family Foundation Paige Flink, The Family Place Gregory D. May, Preston Hollow Capital Rod Washington, Frost Bank
Bank of America Merrill Lynch is proud to support The Real Estate Council on 25 years. Jamie Fox, Real Estate Market Executive jamison.l.fox@baml.com Visit bofaml.com/commercialre
“Bank of America Merrill Lynch” is the marketing name for the global banking and global markets businesses of Bank of America Corporation. Lending, derivatives, and other commercial banking activities are performed globally by banking affiliates of Bank of America Corporation, including Bank of America, N.A., Member FDIC. Securities, strategic advisory, and other investment banking activities are performed globally by investment banking affiliates of Bank of America Corporation (“Investment Banking Affiliates”), including, in the United States, Merrill Lynch, Pierce, Fenner & Smith Incorporated and Merrill Lynch Professional Clearing Corp., both of which are registered broker-dealers and Members of SIPC, and, in other jurisdictions, by locally registered entities. Merrill Lynch, Pierce, Fenner & Smith Incorporated and Merrill Lynch Professional Clearing Corp. are registered as futures commission merchants with the CFTC and are members of the NFA. Investment products offered by Investment Banking Affiliates: Are Not FDIC Insured • May Lose Value • Are Not Bank Guaranteed. ©2015 Bank of America Corporation 08-15-1156
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The Real Estate Council’s emphasis on giving back drives Foundation’s philanthropic efforts THE REAL ESTATE COUNCIL not only represents over 1,700 real estate professionals and 500 companies throughout North Texas, it also aids local governments and needy individuals and families through its various philanthropic and educational endeavors. THE REAL ESTATE COUNCIL FOUNDATION Since 1994, the Foundation has contributed more than $10 million in grant funds to more than 90 nonprofit community organizations supported by volunteer hours valued at more than $750,000 annually. The Foundation fosters community development by focusing on four key areas: education, housing, job creation and the environment. This project-oriented approach utilizes the skills of members who identify, review and select community initiatives that further TREC’s mission. Grantees receive not only funding but also pro bono professional support from TREC members. Diane Butler, Butler Burgher Group and Foundation chairwoman, said the group harnesses the professional services of its members – architects, engineers, developers, environmental specialists, appraisers and brokers – and funnels their expertise in transportation, infrastructure, permitting and planning and education back into the community. “We’re leveraging the disciplines of our members into the areas that need the most help,” she said. “We’re doing things to make Dallas and the region better.” From donating seed money to spur construction of Dallas’ popular Klyde Warren Park to work in underprivileged areas throughout North Texas, Butler said The Real Estate Council’s emphasis on giving back drives the Foundation’s efforts. “Just to see the pride of a new facility or the improvements that we’ve made, that’s very satisfying,” Butler said.
I GIVE CAMPAIGN This effort seeks to harness the collective personal donations of time and money from TREC’s 1,700 members to improve the local community. Each dollar given ensures community partners receive funding and pro bono services to effectively complete their real estate project. In 2014, members donated almost 1,700 hours to 28 local organizations, providing high-level skills such as architectural, construction, design and project management services invaluable to nonprofits. REAL ESTATE 101 Real estate is typically the second-largest budget item for nonprofits. But many don’t have the knowledge or expertise for what can become complex real estate transactions. To help support these nonprofits, The Real Estate Council launched Real Estate 101, a program that explains the complexities of real estate transactions to nonprofit groups. Eliza Solender, president of Solender/Hall, Inc., a commercial real estate brokerage company, pairs local real estate experts with nonprofit executives for five, two-hour workshops. “To learn this complicated process from scratch can be a huge hurdle,” Solender said. “And real estate can become the second largest budget item for nonprofits. I want them to be savvy buyers, sellers and tenants. I want them to understand the process and ask good questions.” Solender said the workshops provide resources and navigate issues such as letters of intent, contracts, studies needed, the zoning process and architecture.
VOLUNTEERS AND PROFESSIONAL SERVICES This skill-based volunteer program pairs nonprofit community partners in need of commercial real estate expertise with members of TREC who are willing to offer their expertise on a pro bono basis. Professional service resources include project management, architectural, legal, engineering, title, brokerage and more. Members also volunteer for different projects throughout the year such as MDHA’s Homeless Count, The Salvation Army’s Together We Give, the fundraising events FightNight, Giving Gala and Casino Night, and project specific workdays. THE COMMUNITY FUND Launched in 2011, this loan fund provides access to capital for commercial real estate projects serving low-income communities in Dallas and Collin Counties. The fund is certified by the United States Department of Treasury Community Development Financial Institution Fund and is used alongside the Foundation’s successful grant-funding model. “The Real Estate Council’s community impact continues to grow with the new social venture investment opportunities the Community Fund presents,” said Gilbert Gerst, Bank of Texas and chair of the Community Fund. “It’s challenging to get most people to see that
community development business is not just the right thing to do, it’s also good business. But as a CDFI fund, the Community Fund is positioned well to break through that barrier and meet the needs of underserved areas.” Rebuilding disinvested communities requires more than providing access to conventional loans. It requires the flexibility to adapt lending guidelines to the needs of borrowers, accept unconventional collateral and provide education, training and assistance to borrowers. The Community Fund fulfills this role. THE COMMUNITY FUND HAS FACILITATED: • 105,000 square feet of community facilities developed or rehabilitated to serve 58,000 adults and 400 children per year • 131,000 square feet of commercial real estate developed • Four single-family homes developed and 14 multi-family housing units rehabilitated • Seven loans totaling more than $850,000 in three years LOANS ARE PROVIDED TO: • affordable housing providers • community service providers • health care facilities • childcare providers • charter schools
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TREC members working on Boys & Girls Club.
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TREC members visit a prospective community initiative site.
TREC members install a Little Free Library – Behind Every Door.
2015... Two old friends... Two important milestones... The Real Estate Council Celebrates 25 Years ARCHITECTS INTERIORS LANDSCAPE PLANNING
Good Fulton & Farrell Officially Becomes GFF
Congratulations to The Real Estate Council from an old friend with a new name.
25 YEARS of Real estate professionals strengthening our industry and community by connecting members, developing leaders, advocating for business and investing financial and human resources in good works. Congratulations to The Real Estate Council
Winstead attorneys have a long history of service to The Real Estate Council as past presidents, board members, sustaining members, volunteers and foundation supporters. It is an honor for us to be a part of this thriving organization. We wish you continued success. Š 2015 Winstead PC
A u s t i n I C h a r l o t t e I D a l l a s I F o r t Wo r t h I H o u s t o n I S a n A n t o n i o I T h e Wo o d l a n d s I Wa s h i n g t o n , D . C . I W I N S T E A D . C O M
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2015 Platinum Member Companies
2015 Sustaining Member Companies Allegiance Title Company Amegy Bank Axiometrics Bank of Texas BB&T Beck Group BURY Butler Burgher Group Capital One Bank City of Dallas - Office of Economic Development Colliers International Comerica Bank
Compatriot Capital Corgan Deloitte. EY Frost Bank Gables Residential Gardere Wynne Sewell LLP GFF Granite Properties Grant Thornton Hall Financial Group Haynes and Boone
Hunt Properties, Inc. Hunt Realty Investments, Inc. Integra Realty Resources Jackson Walker L.L.P. Jackson-Shaw JLL JP Morgan KeyBank KWA Construction Locke Lord LLP Matthews Southwest PlainsCapital Bank
Provident Realty Advisors Regions Bank Republic Title of Texas, Inc. SCHMIDT & STACY® Consulting Engineers, Inc. Stream Realty Partners Streetlights Residential Texas Capital Bank Thackeray Partners The Retail Connection TIER REIT, Inc. Winstead PC Woodbine Development Corporation
2015 Member Companies* 42 Real Estate, LLC 5Gstudio A.G Hill Partners, LLC Accesso Partners, LLC ACRES, Inc. ACT Acuity-Associates, Inc. Adolfson & Peterson Construction AG&E Structural Engenuity AIA AIA Dallas Aimbridge Hospitality Alamo Manhattan Allen Economic Development Corp. Alliance Architects, Inc. Alliance Residential Company Alpha Testing, Inc. Altschuler and Company American National Bank of Texas AmeriSouth Realty Group Andrews Barth, PC AON Risk Solution Arcadia Realty Corporation ARCO Murray Design Build Arthur J. Gallagher & Company Aspenmark Roofing & Solar Associated Estates AssociaTitle ATLAS CP, LLC Austin Commercial Austin Industries, Inc. B&J Financial Services Bandera Ventures, Ltd. BARRETT-CUETARA, PLLC Beaird Commercial Realty Becknell Industrial Behind Every Door Belclaire Investment Corporation Bell Nunnally & Martin LLP Belle Firma, Inc. Beltway Commercial Real Estate Benchmark Bank Benchmark Title Berkadia Commercial Mortgage Berkshire Group BHC Office Solutions Biel Partners Commercial Billingsley Company BISNOW Media Bjerke Management Solutions, Inc. Blackhill Partners LLC Blue Sky Surveying & Mapping, Corp. Boxer Property Boys & Girls Clubs of Greater Dallas Bradford Companies Bradley Construction Management Brook Partners, Inc. Brown Architects Brush Creek Partners BSB Design Building Solutions Cadence McShane Corporation Callison Campos Engineering, Inc. Candace Rubin Real Estate Canonball Creative Capright Carl B. & Florence E. King Foundation Carney Engineering, PLLC Carrington, Coleman, Sloman & Blumenthal, L.L.P. Carter Validus Cassin & Cassin LLP Catlyn Capital Corporation Cawley Partners CB Jeni/Normandy Homes CDK Realty Advisors Centennial Real Estate Company, LLC Champion Advisory Partners Cheyenne Construction Company Chief Partners LP ChildCareGroup Churchill Capital Co. C-III Capital Partners City of Dallas - Department of Development Services Cityplace Company CitySquare Civitas Capital Group Clarion Partners CNL Commercial Real Estate Coats Rose Yale Ryman & Lee Cohen Financial Colony Capital, Inc. Columbus Realty Partners, Ltd Colvill Office Properties Commerce Bank Commonwealth Land Title Co. Commonwealth Title Communities Foundation of Texas John Victor Lattimore Fund Communities in Schools Dallas, Inc. Communities Foundation of Texas Con-Real, LP CONTI Organization Corinth Properties Cornerstone Real Estate Advisers, LLC Courtland Development Covington Group Inc. Cowles and Thompson, P.C. Craig Ranch Commercial Cresa Dallas Crescent Communities Crescent Real Estate Equities-Dallas Crestview Real Estate, LLC Crosson Dannis, Inc. Crow Family Holdings Crow Holdings Capital Partners, L.L.C. Crown Sterling Properties Cushman & Wakefield of Texas, Inc. D Magazine Dallas Area Habitat for Humanity
Dallas Business Journal Dallas Citizens Council Dallas Entrepreneur Center Dallas Independent School District Dallas Leadership Foundation Dallas Regional Chamber Dallas Social Venture Partners David Cain Consulting Deep Ellum Foundation Denney Law Deutsche Bank Securities Inc. Deverick & Associates, Inc. DFW International Airport DHR International DLA Piper US LLP Dominus Commercial, Inc. DOWNTOWNDALLAS DPR Construction, Inc. DTZ E Smith Realty Partners E2M Partners, LLC Earth Day Texas ECOM Real Estate Edge Realty Partners Eleven Capital EMJ Corporation Energy Advisory Service ENTOS Design Equity Office Fairfield Residential LLC Falcon Realty Advisors, LLC Federal Home Loan Bank of Dallas FelCor Lodging Trust Fidelity National Title Insurance Co.Lincoln Center First City Financial Corp First Maintenance Co. First Tee - The N. Texas Junior Golf & Education Foundation First United Bank Fischer & Company Fish and Richardson Foremark, Ltd/Palio Partners Friedman and Feiger, LLP Fritz Duda Company Frontier Equity Frontier Multifamily G.L. Seaman & Company Gaedeke Group LLC Gateway Planning, a Vialta Group Partner Gault Company GDA Architects, LLC GE Capital Real Estate Geary, Porter & Donovan PC Genesis Women’s Shelter and Support Gensler Gillham, Golbeck & Associates GlisWorks Engineering & Consulting ,PLLC Goldman Sachs GRAA Investments, LLC Gray & Company Realtors, Inc. Great Southern Bank Greater Irving-Las Colinas Chamber of Commerce Greenberg Traurig-Dallas Greenlight Development Company Greysteel Griffith Davison & Shurtleff, P.C. Groundwork Ventures, LLC Guida, Slavich & Flores, P.C. GXA Network Solutions Haggard Property Group Hamilton Street Realty Partners Hart Commercial Henry S. Miller Herman Miller HFS Highland Builders, Inc. Highland Capital Management, L.P. Higier Allen & Lautin, P.C. Hill & Wilkinson Hillwood Construction Services Hillwood Properties Hines HKS Hoefer Wysocki Architecture HOK Holder Construction Company Holmes Firm PC Holt Lunsford Commercial Horn-Barlow Companies, LLP HP Civil Engineering HPI Real Estate Services & Investments Hudson Advisors Hudson Americas Huffines Communities Humanscale Hunt Construction Group Hunt Mortgage Group Hunter & Kramer Husch Blackwell LLP IA Interior Architects Imlach & Collins Brothers Independent Bank Institutional Property Advisors Integrated Design Group, Inc. Interfaith Housing Coalition Interlude Home Interprise Design Invitation Homes Inwood National Bank Irelan McDaniel PLLC iStar Financial J.R. Black Properties, Ltd. Jackson & Cooksey JAH Realty JGH Consultants, LLC Jill A. Kotvis, P.C. JLB Partners Joel M. Eastman, PLLC Joeris General Contractors, Ltd. Jones Day JPI/TDI Real Estate
Jubilee Center Kane Russell Coleman & Logan PC KDC Kennington Capital Kessler Collins PC Kimley-Horn and Associates, Inc. Klabzuba Oil & Gas Knightvest Capital KREED + Company L&B Realty Advisors, LLP Laborde & Associates Lane Gorman Trubitt PLLC Lang Partners Lawyers Title Company Leadership ISD Lee & Associates LegacyTexas Lennar Multifamily Communities Lincoln Harris CSG Lincoln Property Company Linda Owen Company Litoff Companies Lowery Property Advisors LStar Capital Lumin Education Madison Partners LLC Majestic Realty MAPP Construction LLC Marcus & Millichap Marcy C. Helfand, P.C. Marvin F. Poer & Company Masterplan Consultants Matchbox Studio Matthews Multifamily MC Collaborative Designs, LLC McCauley, Macdonald & Devin, P.C. McGladrey LLP McGuire, Craddock & Strother, P.C. MEDCO Construction MedCore Partners Mercer Company Mercy Street Meritax Property Tax Consultants Inc. MetLife Real Estate Investors Metro Dallas Homeless Alliance MetroMarke Real Estate Companies Metropolitan Capital Advisors, Ltd. Meyers Research, LLC Mill Creek Residential Trust LLC Miller-Valentine Group MLG Capital Mohr Partners Monogram Residential Trust Morgan Stanley Motive Real Estate Technology Accelerator Mundy Real Estate Advisors MYCON General Contractors Nash Development Company NexBank Niles Holmes PC North Louisiana Economic Partnership North Texas NAIOP Northstar Bank of Texas Northwestern Mutual Northwestern Mutual Real Estate Norton Rose Fulbright Novus Realty Advisors NTCAR O’Brien Architects Oglesby Greene Ojala Holdings, LLC Old Capital Lending Old Republic National Commercial Title OMNIPLAN, Inc. Orix Foundation ORIX Real Estate Americas Pacheco Koch Consulting Engineers, Inc. Paladin Partners Pape-Dawson Engineers Parmenter Realty Partners Partner Engineering and Science, Inc. Patterson & Associates Insurance PegasusAblon Properties Peloton Commercial Real Estate Pennybacker Capital, LLC Perkins + Will Phoenix Capital Partners, Ltd. Piedmont Capital Corporation Piedmont Office Realty Trust Pillar Commercial Platt Cheema Richmond, PLLC PM Realty Group Pogue Construction Portfolio Development, LLC Post Properties, Inc. Prescott Realty Group Preston Hollow Capital, LLC Prevarian Hospital Partners Price Realty Corporation Primera Companies, Inc. Pritchard Associates Promise House Property Tax Service Company Prosper Economic Development Corp. Prosperity Bank Proterra Properties, Inc. Prudential Mortgage Capital Company R L Murphey Commercial Roof Systems Rampart Construction Randolph Brooks Federal Credit Union Raywood Interests, Inc. RBC Capital Markets REAL School Gardens Realty Capital RED Development Rees Associates, Inc. Remington Hotels Rewards Realty, LLC Ridgemont Commercial Construction RLG Consulting Engineers
RM Realty Group, Inc. Rogers-O’Brien Construction Rose Porterfield Group, Inc. Rosemont Realty LLC Rosemont Realty Services Rosewood Property Company RTKL Associates, Inc. RVi Sandlin Capital LLC Sarofim Realty Advisors Schwob Companies SCIenergy Sealy & Company Second City Real Estate SELECT Commercial Services, LLC SettlePou Shaddock Companies Shannon, Gracey, Ratliff & Miller, L.L.P. Shared Housing Center, Inc. Shop Companies Shupe Ventura Lindelow & Olson, PLLC Silver Tree Partners SIMC Property Management Slosburg Company Smith and Collins, Attorneys at Law Solender/Hall, Inc. Southern Land Company Southern Methodist University - Institute for Real Estate Space Between Design Studio Spencer Consulting Inc. Spire Realty Group Squire Patton Boggs LLP Staffelbach Standard & Poor’s Standridge Companies Stealth Monitoring Stewart Title Strasburger & Price, LLP Strategic Asset Services LLC an H/2 Capital Partners Company Structure Tone, Inc. Sue Fish (org) Swearingen Realty Group Swift Property Company Swingle, Collins & Associates T. Howard + Associates Architects, Inc. Talley Associates Taylor Duncan Interests TBG Partners Texas Scottish Rite Hospital for Children Texas Trees Foundation The Boone Family Foundation The Concilio The Davis Advocates, LLC The Family Place The Howard Hughes Corporation The Marshall Firm The Milestone Group The PNL Companies The Sandstad Group, LLC The Trinity Trust Foundation The Trocchio Advantage LLC The Weitzman Group/Cencor Realty Services Thomas Title & Escrow Thompson & Knight Time Equities, Inc. Tonti Properties Trammell Crow Company Trammell Crow Residential Trane Commerical Systems Transwestern Trigate Capital, LLC Trinity Interests Trinity River Mission Trinsic Residential Group Tri-Tex Construction, Inc. TRT Holdings, Inc. TTG Corp Turner Construction Company UBS Realty Investors LLC UCS Group, LLC United Texas Bank United Way of Metropolitan Dallas, Inc. Uplift Education Uptown Dallas Inc. Urban Engineers Group UrbanAmerica Advisors US Bank USAA Real Estate Company USAI Investments USI Southwest UT Dallas - Naveen Jindal School of Management Vanguard Real Estate Advisors Vantage Companies VanTrust Real Estate, LLC VCC Construction Venture Commercial Real Estate, LLC Village Green Holdings Vinson & Elkins L.L.P. Walker & Dunlop Wallace Johnson Studio Walter P. Moore & Assoc., Inc. WDG Architecture, Inc. Wells Fargo Bank Wells Fargo Wealth Management - Dallas Westbrook Partners Westmount Realty Capital, LLC Westwood Residential Whitley Penn LLP Wicker & Associates Wier & Associates William M Woodall, PC Willow Bend Commercial Capital Wilson Office Interiors WindStar Properties Workplace Resource Group Workplace Solutions Yates Construction Younger Partners, LLC *As of August 1, 2015
Here’s to TREC’s silver anniversary JLL congratulates The Real Estate Council for supporting our industry and our community for 25 years.
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Congratulations to The Real Estate Council on 25 years of actively leading, mentoring and investing in the North Texas real estate industry. Munsch Hardt Kopf & Harr is grateful for the many relationships it has developed and cultivated through TREC. The firm’s real estate attorneys continue to support the organization in various leadership roles with more than 15 active memberships. Throughout TREC’s rich history, we are proud to have served in the following positions. GLENN CALLISON Executive Committee PAC Chairman Board of Directors Associate Leadership Council
RICK KOPF Board of Directors
CHIP CAVANAUGH Vice Chairman Executive Committee Foundation Board of Directors Education Committee, Chairman Giving Gala, Table Sales Chairman Associate Leadership Council, Steering Committee
MICHAEL KRYWUCKI FightNight, Chairman Executive Committee Board of Directors Foundation Board of Directors PAC Board of Directors Associate Leadership Council Associate Leadership Council, Steering Committee, Chairman
IAN FAIRCHILD Membership Committee Giving Gala, PR Chairman Corporate Associate Member Associate Leadership Council Associate Leadership Council, Steering Committee
ARYN SELF FightNight, Raffle Committee Foundation, Research and Development Committee Associate Leadership Council
PHILL GEHEB Associate Leadership Council Education Committee, Chairman
WILL THEMER Associate Leadership Council Young Guns Executive Committee, Board Liaison
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Through the years The Real Estate Council Political Action Committee was founded.
More than 200 guests attended the first fall event called “Dreamers, Doers and Unsung Heroes,” featuring George Plimpton and chaired by Ken Townsend.
Twelve leaders graduated in the first Associate Leadership Council class after completing a service project at St. Philip’s School and Community Center.
The Real Estate Council Foundation committed $1.5 million for the initial investment in Klyde Warren Park.
More than 200 guests attended the first FightNight chaired by Bob Kaminski, Steve Means, Jesse Pruitt and Jeff Swope.
1989
1996
1992 1994
1990
2002
1998
1999
1997 The Real Estate Council Foundation community investment totaled $1 million.
The Real Estate Council was founded and its first chairman was Jeff Swope.
The Real Estate Council’s FightNight celebrated its 10th anniversary.
The Real Estate Council Foundation was founded, initially called the Community Development Assistance Corporation. La Calle Diez Community Development Corporation, Short North Dallas Community and Dallas Plan received the first grants from The Real Estate Council Foundation.
More than 250 guests attended the first Casino Night hosted by the Young Guns and chaired by Monica Libbey.
The Real Estate Council launched the education series Real Estate 101 for nonprofit organizations.
The Real Estate Council grew to 1,500 members.
The Real Estate Council received the Dallas Regional Chamber Momentum Award for its work on Klyde Warren Park.
Dallas Urban Land Bank, a project supported by The Real Estate Council, acquired its first properties.
The Real Estate Council published a Transit Oriented Development Study, “A New Paradigm: Strategies for Revitalizing Dallas’ Distressed Neighborhood,” which enabled the City of Dallas to earn a $2.25 million Community Challenge Planning Grant.
The Dallas Business Journal awarded the Dallas Urban Land Bank, a project supported by The Real Estate Council, the Best Community Impact Award.
The Real Estate Council’s Giving Gala celebrated its 10th anniversary.
2002 2003
2008
2006
2011
The Real Estate Council co-founded The Real Estate Councils of Texas.
The Real Estate Council Foundation helped create the Dallas Urban Land Bank with a $250,000 investment and $6.3 million in pro bono legal and title services.
2012
2010
2007
2005
The Real Estate Council Community Fund, a U.S. Treasury Certified Community Development Financial Institution, was founded.
The Real Estate Council Young Guns were created with 100 members chaired by Dupree Scovell. CityWide Community Development Corporation received the first loan from The Real Estate Council Community Fund. The Real Estate Council Foundation community investment totaled $10 million. The Real Estate Council participated in creating Impact Dallas Capital, a new nonprofit formed to provide private investment capital in southern Dallas. Jeff Swope, Todd Williams and Linda McMahon were founding board members. McMahon also served as founding chairman.
The Real Estate Council Associate Leadership Council received the President’s Award from Paul Quinn College. The Real Estate Council members began participating in the MDHA Annual Homeless Count, now a service provided each year.
2014 2013
2015
The Real Estate Council Foundation provided funding to the Connected City Design Challenge. The Real Estate Council received the NTCOG CLIDE award for its role in developing Klyde Warren Park. FightNight celebrated its 25th anniversary.
The Real Estate Council grew to more than 1,700 members and celebrates 25 years of strengthening the real estate industry and the community.
T H E R E A L E S TAT E C O U N C I L
TREC grows civic-minded young professionals THE REAL ESTATE COUNCIL works within its own ranks to grow a group of educated, politically involved and community-minded young professionals by providing networking and professional development. The Associate Leadership Council and the Young Guns provide those under the age of 40 with leadership skills along with knowledge of business trends and issues through various mixers, events, mentoring and small groups. Jeff Swope of Champion Partners and founder of the Associate Leadership Council, said the real estate industry has evolved since he began his career. “When I started work, I was so green,” Swope said. “We want these kids to get plugged in early.” Swope said the industry can be viewed as fiercely competitive but The Real Estate Council has set a tone – with all of its members but especially with the younger set – of cooperation and giving back. “I’ve got contemporaries in other markets who can’t believe the amount of time and attention that we dedicate to helping one another and helping the community,” he said. The Associate Leadership Council is a 10-month leadership development program for 27- to-37-year-old commercial real estate professionals designed to inspire and edu-
cate. Participants attend leadership development programs and meetings, receive personalized training with a professional executive coaching firm and complete a community-service project. After that, the ALC Alumni Association maintains relationships with these graduates through lunches and additional community service. The Real Estate Council Young Guns are commercial real estate professionals age 35 and under who are driven by a common vision to develop relationships while promoting awareness and involvement in social, political and community issues that affect Dallas. Brian Smith, TRT Holdings, Inc. and the current Young Guns chairman, said membership is diverse, ranging from lenders to brokers, developers, architects and professionals. Smith said the group “utilizes its professional talents to impact the community, political process and education system to provide for much greater awareness and education of the issues that affect the big picture of our city.”
Crow Holdings and Trammell Crow Residential would like to thank The Real Estate Council for its 25 years of leadership in the Dallas-Fort Worth Region.
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The Young Guns assist those in need through a real estate related construction or renovation project designed to make a lasting impact. This year, the group partnered with Genesis Women’s Shelter to update and create a cleaner, more efficient and welcoming facility for hundreds of women and children who are victims of family violence.
“Alongside this, networking is much more powerful and impactful in this setting than simply meeting someone at a happy hour,� Smith said. “Through Young Guns, I have become much more knowledgeable of social, economic and political issues that face our industry and community. The consequence of this is a vast network of colleagues and friends, who are more than willing to teach me more about their involvement and roles in real estate.� The Young Guns provides networking and professional development to TREC’s younger members. These opportunities include an education-based project, a foundation project, Forum, Rising to the Top, breakfast groups and Casino Night, the premier Young Guns event that raises funds for the Foundation Project. Dupree Scovell, Woodbine Investment Corporation and a Young Guns co-founder, said he was always one of the youngest among the local real estate professionals in The Real Estate Council. He and a small group of other young professionals started Young Guns to encourage involvement among their peers just starting out. “Some young people wanted to contribute but didn’t know how to get involved,� he said. “When you’re grinding it out at a young age, you don’t have a lot of time to get involved. This was a way to give back that is efficient with their time.� Today, Scovell said, the group is still carrying on that tradition. “We knew this younger group could recruit and create interesting programming to make an impact. It wasn’t just networking for networking’s sake,� he said. “It created a pattern of involvement at a much younger age. And it has sustained itself.�
A Young Guns breakfast group tours an Uptown development.
Elias Bahar, Abby Mayer, Bianca Jackson, Brad Barton, Brian Smith, Justin Goertz.
we’ve been in your corner for 25 years. ''#!& ?'*. * I' N &BI T6 Casino Night 2008.
Young Guns 2015 Foundation Project Ribbon Cutting.
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