The CRE Project Podcast is a educational and informative platform for Commercial Real Estate Professionals. Rather you’re just getting into the CRE business or you’re a veteran in the industry, The CRE Project will benefit your practice in the CRE Field. We interview seasoned developers, brokers and professionals that have been successful in the CRE industry.
Keeping Retail Real Estate Relevant - Terry Montesi
In this episode we sit down with one of the most accomplished and forward thinking CEO's in the CRE industry, Terry Montesi.
Terry is the founder and CEO of Trademark Property Company out of Ft. Worth. He is also the host of the podcast Leaning In. Leaning In is a podcast exploring the future of the retail and mixed-use real estate. Terry, and other executives of Trademark, speak with experts from various backgrounds and areas to discuss brick-and-mortar retail in an e-commerce world and what it looks like to lean into it while others are leaning out.
As founder and CEO, Terry Montesi has led Trademark Property Co. through 28 years of innovative, community-focused development. Under his leadership, Trademark has worked on more than $3.9B and 18M SF of some of the most stakeholder-centric retail and mixed-use properties in the United States.
Terry is the driving force behind Trademark’s collaborative, community-driven approach to development. Pulling from his 30-plus years of industry experience, he has cultivated a company philosophy that is defined by creating meaningful customer experiences, collaborating with communities, and unlocking potential. Terry’s commitment to constant evolution and long-time support of the core tenets of Conscious Capitalism led him to create Trademark’s own conscious development model, The Conscious Place, setting the tone for a continued focus on innovative and experiential retail and mixed-use places.
Terry sits on the International Council of Shopping Centers (ICSC) Board of Trustees; is a member of the North Texas Commercial Association of Realtors Hall of Fame, the World Presidents’ Organization, and the Urban Land Institute (ULI); and has served on numerous committees and judging panels for ULI, ICSC and the Texas Exes.
As active participant in the Fort Worth community Terry holds, or has held, leadership positions with the Union Gospel Mission of Fort Worth, Christ Chapel Bible Church, the Trinity Habitat for Humanity, the Modern Art Museum of Fort Worth, and Junior Achievement. In addition, he is an enthusiastic supporter of the Movember Foundation.
Before founding Trademark in 1992, Terry was a principal and co-founder of Huff, Brous, McDowell & Montesi, Inc., Fort Worth’s largest commercial brokerage and management firm. Earlier in his career, he worked for Lincoln Property Company. In 1986, he and his brother became Blockbuster Video’s fourth franchisee.
Terry earned his MBA from the University of Texas at Austin and BBA from the University of Mississippi. He and his wife live in Fort Worth, TX and are proud parents to three grown children.
Bob Young - Knowledge in Retail Real Estate and Brokerage
In this episode we sit down with Bob Young of Weitzman Group. We discuss the character makeup of what it takes to make it in commercial brokerage and what the future of retail real estate looks like.
Robert E. Young, Jr., is Executive Managing Director for Weitzman. Young utilizes his extensive brokerage and management experience on Weitzman business development and brand promotion. Young also directs the statewide initiative to grow all of the business lines of the Weitzman platform. Additionally, through active International Council of Shopping Centers involvement and national leadership in the Retail Brokers Network, Young works to extend the firm's reach and presence with clients, prospects and the overall industry at large. Prior to joining Weitzman, Young was senior managing director for Kennedy-Wilson. His extensive commercial real estate career also includes service as executive vice president and managing director in charge of the Dallas operation for Grubb & Ellis and as executive vice president for BEI Management, Inc.
Young serves on the Board of Directors and was the 2009 President of the Retail Brokers Network, a nationwide retail networking group whose member companies specialize in retail real estate brokerage. RBN’s independent firms work together on a regional and national level in tenant representation, project leasing and investment sales. Young also is a member of the North Texas Commercial Association of Realtors (NTCAR) and is past president of its board of directors. In addition, he is active in The Real Estate Council, the International Council of Shopping Centers and, the Urban Land Institute. Young co-authored a chapter in “Leasing for Non-leasing Professionals,” a book published by the International Council of Shopping Centers. He is a regular instructor for ICSC nationwide educational programs and was dean for the ICSC University at the University of Pennsylvania Wharton School of Business and is now a faculty member of ICSC's John T. Riordan School for Retail Real Estate Professionals.
What to Know When Developing Workforce Housing - Scott Choppin - Urban Pacific
On today's show we sit down with Scott Chopping with Urban Pacific. We discuss the dynamics within the workforce housing industry and what it takes to be successful in that asset class.
Scott K. Choppin is the Founder of the Urban Pacific Group of Cos.
Scott oversees all operations of the Urban Pacific family of companies, including business development, capital acquisition, and strategic planning.
Prior to forming Urban Pacific, Scott was Director of Land Acquisition for the Multi-Family Development Division of Irvine-based Sares-Regis Group. In that position, he was responsible for all land acquisition activities for the development of luxury, market rate and senior rental communities throughout California, Colorado, and Arizona.
Before joining Sares-Regis, Scott was with Kaufman and Broad Multi-Housing Group. As Senior Project Manager, he was responsible for all activities related to multifamily development, including the acquisition, entitlement, syndication and development of over 1,900 affordable multifamily units throughout the Western United States.
Prior to that, Scott was a project manager with Irvine-based Snyder Langston Real Estate and Construction Services.
Scott holds a degree in Business Administration with a specialization in Finance from California Polytechnic State University (Cal Poly), San Luis Obispo.
Building an Investment and Development Company - Chris Powers - Fort Capital
On this episode we sit down with Chris Powers, Founder and CEO of Fort Capital in Fort Worth, Texas. We discuss lessons learned when investing in projects and how to build a team and a culture for a development company.
Chris is a serial entrepreneur with more than 14 years of real estate development and investment experience and has raised more than $110 million in equity financing through a multitude of high net worth and family office partners. To date, Fort has invested and developed over $494M in multifamily, student housing, commercial/industrial, and residential & land development projects throughout Fort Worth and the state of Texas. Chris is a visionary with a demonstrated talent in looking ahead at what could be and understanding what must be done today to get there. His ability to conceptualize, raise capital, and execute are only a small part of what Chris brings to the table.
Chris oversees the vision for the company, Fort’s largest deals, capital relationships, executive level recruiting, strategic partnerships, and chairs the investment committee. Creating meaningful relationships and building a team around a vision and Fort’s goals are the most important qualities that make Chris ready for the job. With a belief that investing time in people is the best investment that can be made, Chris has built a strong network throughout Texas that has helped catapult Fort to where it is today. “I want to build a culture that fosters creativity and creates leaders. Our goal is to be the absolute best place to work in Fort Worth, because when we have the best people who are encouraged to give their best – we are unstoppable.”
Powers graduated with a BBA in Finance & Marketing from Texas Christian University in Fort Worth, TX. Innovative, ethics-driven, people-focused, community-minded and passionate about ideas that matter, Powers’ professional philosophy remains the same as his personal one: “Tell the truth and be nice to people.” Chris is a member of the Forbes Real Estate Council and Fort Worth YPO Chapter. He lives in Fort Worth, TX with his wife, Mikal, and their daughters, Palmer and Connor.
Understanding Leases, Negotiating Purchase Agreements and Structuring Partnerships - Jeff Love w/ Gibbs Giden
In this episode we have the opportunity to learn about potential legal liabilities one can run into when acquiring and developing commercial real estate. We sit down with an industry expert, Jeff Love.
Jeff Love is a partner with the firm. His practice encompasses all facets of real estate transactions, including drafting and negotiating purchase, sale, syndication, and financing transactions in connection with commercial, industrial, and residential assets. He also regularly drafts and negotiates office, retail, and industrial leases for regional landlords and tenants throughout the West Coast. Mr. Love has extensive experience drafting, negotiating, and reviewing real estate loan documents, including originations, modifications, note purchase agreements and other finance-related transactions from structuring through loan closing. He is a licensed real estate broker in the State of California.
Mr. Love also has significant experience in representing clients in a wide range of corporate transactions, including private securities offerings of debt and equity, mergers and acquisitions, corporate governance matters, federal and state securities laws, and asset-based lending and borrowing. He frequently serves as outside general counsel to a variety of businesses, advising on joint ventures, strategic alliances, partnership arrangements, entity formation, and general contract preparation.
Prior to entering private practice, Mr. Love served as general counsel in the private sector, providing him valuable insights into client needs and expectations. Such experience enables Mr. Love to advise his clients on relevant legal issues and balance business considerations to result in effective, but cost-efficient representation while also creating and maintaining positive working relationships with all parties.
What to Look Out for When Developing Retail Commercial Real Estate - Adam Frank - River Oaks Properties
Today we discuss all aspects of retail real estate with El Paso's largest and most successful retail developer and Landlord. River Oaks Properties is solely based and focused on the El Paso market and currently owns over 350 retail assets equating to over 6,000,000 square feet. They are also responsible for managing over 1,000 tenants in their portfolio. Adam Frank is the President of River Oaks Properties and is responsible for the daily operations of the business, including the development and management of the portfolio. A graduate of the University of Michigan, Mr. Frank serves as Chairman of the Board of WestStar Title Company. Previously, he served as president of the El Paso Jewish Academy and was a member of the Sun Bowl Football Selection Committee.
River Oaks Website Link: https://ropelpaso.com/
West Towne Marketplace Website: https://www.westtownemarketplace.com/
Customer ReviewsSee All
Thanks for having Neal Bawa on The CRE Project Podcast Show. It was a great episode!
Great Resource for CRE Investors and Brokers Alike
Listened to a few of the episodes so far, and being an Albuquerque native, it has been great seeing some familiar and new names to hear about what is new and trending in commercial real estate. Timely information with knowledge guests.
I just started listening to this podcast and I have already learned a lot. If you want to learn more about commercial and development, look no further!