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Resorts, Hospitality, and Restaurant Insights and Opportunity

A Deep Dive into the Tourism Boom Shaping Galveston's Coastline

Kip Sowden
Margaritaville Resort

Kip Sowden

Chairman & CEO

RREAF Holdings

Johnny Smecca
Mario’s Seawall, Taquilo’s Tex-Mex Cantina And More

Johnny Smecca

President

Galveston Restaurant Group

Dave Jacoby
Hotel Lucine

Dave Jacoby

Founder & Principal

Hotel Lucine

Steve Galbreath
Hyatt Regency Baytown Hotel

Steve Galbreath

Chief Development Officer

Garfield Public/Private

Jamail Virani
La Quinta Inn & Suites

Jamail Virani

Partner

Level Capital

Lance LaCour
Moderator

Lance LaCour

President

Galveston County EDC

Kip Sowden

Margaritaville Resort

RREAF Holdings

Mr. Sowden has over 37 years of experience in commercial real estate with a strong background in real estate brokerage and mortgage banking, acquisition, development, and asset management. He has been active in sales of more than 20 million square feet of commercial real estate and over 50,000 apartment units throughout the United States.

Mr. Sowden has also been involved in the financing of over $8 Billion in commercial real estate loans. He has brokered the sale of over $10 billion in commercial real estate transactions on behalf of some of the largest institutional owners in the United States. Mr. Sowden has acquired, developed, and renovated over 5 billion in commercial real estate to include retail, office, multi-family, and hospitality throughout the Southwestern and the Southeastern United States.

Mr. Sowden is responsible for the overall direction of RREAF Holdings and RREAF’s subsidiary companies including strategic planning for all growth areas of the Company to include but not be limited to, its development, acquisitions, property, and asset management programs as well as the development and implementation of commercial real estate funds.

Mr. Sowden graduated in 1985 with a degree in Economics from the University of Texas at Austin. Mr. Sowden served more than 10 years on The Chancellor’s Council Executive Committee at The University of Texas at Austin. He has maintained an active Texas Real Estate Brokers License for the past 39 years

Steve Galbreath

Hyatt Regency Baytown Hotel

Garfield Public/Private

As Chief Development Officer and Head of Design & Construction for Garfield

Public/Private LLC, Mr. Galbreath manages the development of hotels,

convention and conference centers, entertainment and mixed-use properties.

Joining Garfield in 2016, he brought 22 years as a leader in the global hospitality

sector for RTKL Associates in the Americas. In addition to the design of hotels and

resorts, his experience has centered around hospitality and gaming components

of large-scale, mixed-use developments combining retail, entertainment, sports,

residential, office, hotel, and other uses known for their commercial success and

lasting sense of place.

Jamail Virani

La Quinta Inn & Suites

Level Capital

Jamail Virani graduated from Cox School of Business with a BBA in Finance and a BA in Economics from Southern Methodist University. After college, Jamail pursued a career in Investment Banking and moved to NYC where he worked at various positions at Goldman Sachs.

Jamail went on to expand the investment banking footprint for the company in Salt Lake City. While at Goldman Sachs, Jamail did over $4.5B in transactional volume with a focus on equity & debt offerings, M&A, and IPO’s. Since then, Mr. Virani has acted as a manager for multiple commercial real estate funds in Houston, Texas.

Jamail currently is a partner at LXG and is a member of the firm’s Executive, Investment, Business Development and Hospitality committees and focuses on asset acquisition & management, investment & financial management, investor relations & reporting, site selection and qualification and overall business strategy.

Lance LaCour

Moderator

Galveston County EDC

Lance LaCour is Director of Economic Development for the County of Galveston. He was previously Director of Economic Development for the City of Granbury, Texas and prior to that CEO of the Katy Area Economic Development Council, Inc. (EDC) for 16 years, and Baldwin County Economic Development Alliance on the Alabama Gulf Coast for 10 years. During his tenure, several of these organizations received recognition and awards from TEDC, SEDC, Site Selection Magazine. Since 1991, he has assisted in the creation of over 30,000 jobs and $3 billion in capital investment. LaCour is a Certified Economic Developer (CEcD) and earned an M.S. in Economic Development and B.A. in Political Science from the University of Southern Mississippi. He has two grown children, is an avid saltwater angler, is a former award-winning triathlete and national, regional and state racquetball champion.

Projects Shaping Galveston County

Analyzing Growth, Key Developments, and Investment Opportunities

Rodger Rees
Moderator

Rodger Rees

Port Director and CEO

Galveston

Mohamed Eldawy
$250 Million Beachside Mixed-Use Development

Mohamed Eldawy

CEO

Royal Crown Enterprise

Nancy Almodovar
Tiara on the Beach

Nancy Almodovar

CEO

Nan and Co.

Carl Schwab

Carl Schwab

President of RREAF Development Services

RREAF

Travis Huehlefeld
Moderator

Travis Huehlefeld

Shareholder

Wilson Cribbs + Goren

Rodger Rees

Moderator

Galveston

Rodger Rees, Galveston Wharves Port Director and CEO, oversees the fourth busiest U.S.

cruise port, located on one of the nation’s top 40 cargo waterways. This self-sustaining city

entity generates more than 14,000 jobs and has an estimated annual state economic impact of

$2.1 billion.

Since Rees took the helm in January 2018, the Port of Galveston has increased revenues 131

percent by following a 20-Year Strategic Master Plan adopted in 2019. Using both debt and

public-private partnerships, the port has built two new cruise terminals. A $125 million cruise

terminal, in partnership with Royal Caribbean International, opened in 2022. The port completed

its fourth cruise terminal at a cost of $156 million in November 2025 to service MSC Cruises and

Norwegian Cruise Lines.

In 2023 the port was awarded $42.3 million in state grants, the largest grant amount in the port’s

history, to fund critical cargo and transportation projects. The port used cash reserves

generated from the cruise business and the grant proceeds to fund a $106 million cargo

infrastructure improvement project. The project began in 2024 and will be completed this year.

In 2023 and 2024, Rees successfully guided the port through over $210 million in municipal

bond financings.

The Galveston Regional Chamber of Commerce honored Rees as its 2022 Galvestonian of the

Year for positively contributing to the betterment of the region’s business community. In 2023,

the Houston Business Journal named Rees one of the most admired CEOs in the Houston

metroplex. Rees has served two terms on the board of directors of the Texas Department of

Transportation Port Authority Advisory Committee and was elected vice chairman of the Texas

Ports Association as representative for the Upper Texas Region.

Rees previously served five years as deputy executive director and chief financial officer for Port

Canaveral, the world’s second busiest cruise port.

Rees spent his early years in Tennessee and is a graduate of East Tennessee State University

with a Bachelor of Science degree in accounting. In addition, he is a Certified Public

Accountant, licensed in the state of Georgia. He has more than 25 years of executive

management experience in both private and public entities. Rodger and his wife, Luci, have two

sons. The oldest son is currently attending Texas A&M University at College Station. His

younger son will be a senior at Ball High School in Galveston in the fall.

Nancy Almodovar

Tiara on the Beach

Nan and Co.

Nancy Almodovar, CEO and co-founder of Nan and Company Properties, is a

record-breaking leader in Houston's luxury real estate market. Recently named the #1

agent for selling the most expensive homes in the city, Nancy has consistently set new

standards for excellence in high-end property transactions. Her unparalleled expertise

and ability to break records have made her a trusted authority among Houston’s elite,

handling the city’s most prestigious estates and multimillion-dollar properties.

Starting from her kitchen table in 2014, Nancy built Nan and Company Properties into

one of Houston’s top 10 brokerages, transforming it into a powerhouse of luxury real

estate. With over 15 years of experience, her visionary leadership has led the firm to

grow by more than 40% annually, driven by a commitment to excellence, bespoke

service, and unmatched client satisfaction. Under her guidance, Nan and Company

Properties has been repeatedly recognized by the Houston Business Journal as one of

the best places to work, a distinction that Nancy values even more than her personal

accolades, as it reflects the thriving, supportive environment she has cultivated for her

team.

Nancy’s influence extends beyond real estate; she is a dedicated community leader. In

2016, she founded the Nan Cares Toy Drive, an annual initiative that provides joy to

underserved children in Houston. Her passion for giving back is reflected in her

ongoing support of organizations like the Houston Ballet and her charitable efforts

throughout the city.

An alumna of the University of Houston Bauer College of Business and a graduate of

the Goldman Sachs 10,000 Small Business program, Nancy blends her strong

academic background with her entrepreneurial spirit. A devoted wife and mother of

two, she also serves as a mentor to aspiring leaders in business and real estate,

continuing to inspire and uplift the next generation.

Carl Schwab

President of RREAF Development Services

RREAF

Mr. Schwab has over 35 years of experience in architectural practice and commercial real estate development. Carl has been involved in over 5.5 million square feet of construction projects including high rise, corporate office, hospitality, healthcare, educational, retail and residential development.

Prior to joining RREAF Holdings, Carl served as the Vice President of Development at Beechwood Company. He holds a Bachelor of Architecture degree from the University of Texas and became a registered architect in 1985. Carl has served on the Dallas County Historical Commission and the University of Texas Fort Worth Advisory Board.

Travis Huehlefeld

Moderator

Wilson Cribbs + Goren

Travis focuses his practice on commercial real estate and land use law. He joined Wilson Cribbs + Goren in 2017 because of the firm’s expertise in servicing a wide range of real estate clients, from first time investors to publicly traded companies.

Travis enjoys working with the firm’s many long-time clients as well as counseling clients who are new to the real estate industry. “Our clients have interesting projects that help shape the City of Houston. It’s extremely rewarding to work with the client to get these projects off the ground and across the finish line.”

Travis serves clients in a wide range of real estate matters, including:

Acquisitions, dispositions and development of all types of real estate (including commercial, multifamily, industrial, condominium projects, residential and raw land);

Commercial leasing for office, retail, industrial, and warehouse space;

Land use and entitlement matters such as zoning, platting, and vested rights; and

Representing developers in forming property owners associations and drafting covenants and easements for commercial business parks;

Business law matters such as entity creation and corporate governance.

Prior to joining the firm, Travis practiced in the corporate department in the Houston office of Duane Morris, focusing on mergers and acquisitions, securities, and corporate governance. He is organized, transparent, reasonable and keeps a positive attitude when working with all parties of a real estate transaction.

Travis understands that the complexities of the real estate business sometime require a lawyer to go above and beyond the call of duty. “Sometimes your client needs a hero, and you can’t miss that opportunity when it comes. Sometimes you have to drop everything you are doing to be there for a client when the deal is on the line.”

The benefits of working at Wilson Cribbs + Goren go beyond what we do in the office. “It’s a source of pride to visit a restaurant that I negotiated the lease for or a building that was built thanks to a construction contract I negotiated. I love the City of Houston and I’m proud that I am playing a role in shaping its landscape. I am excited to service clients as they continue to make Houston a great place to live, work and play.”

Travis obtained his B.A., magna cum laude, from the University of North Texas in 2012 and earned a J.D. from the University of Houston Law Center in 2015 where he was an Articles Editor for the Houston Law Review. He’s originally from Victoria, Texas. Travis enjoys playing guitar and mandolin, golfing, and spending time with his wife Katie, and their two daughters.

Fireside Chat

Mayes Middleton

Mayes Middleton

State Senator

Texas

Reid Wilson
Moderator

Reid Wilson

Chairman

Wilson Cribbs + Goren

Mayes Middleton

State Senator

Texas

Mayes Middleton is President of Middleton Oil Company, an independent oil and gas company. He also runs ranching, cattle, and farming operations. Mayes and his wife, Macy, have four children: Connor, Christian, Matthew, and Martha Ann. Mayes and Macy support numerous local community organizations and faith-based charities throughout the Galveston-Houston region.

Prior to serving in the Texas Senate, Mayes served two terms in the Texas House of Representatives, representing Chambers and Galveston Counties. During his last term in the Texas House, Mayes served as Chairman of the Texas House Freedom Caucus.

Now in the Texas Senate, Mayes represents Senate District 11, encompassing portions of Brazoria, Galveston, and Harris Counties. Throughout his time in both the House and Senate, Mayes has consistently ranked among the top most conservative members of the Legislature. Senator Middleton currently serves as the Vice Chairman of the Subcommittee on Higher Education and as a member on the Senate Committees on Administration, Business & Commerce, Education, Jurisprudence, and State Affairs.

Reid Wilson

Moderator

Wilson Cribbs + Goren

Reid Wilson is recognized as southeast Texas' preeminent

land use attorney, a Fellow of the American College of

Real Estate Lawyers (ACREL), and one of few practicing

real estate attorneys holding the Counselors of Real

Estate (CRE) designation. Board-certified in commercial

real estate law and homeowners association law, he

brings to his practice his relationships and reputation with

governmental lawyers and officials throughout southeast

Texas. As the Chairman of Wilson Cribbs + Goren, Reid

led the firm to become one of the go-to real estate

boutiques in Texas.

An adept critical thinker, problem-solver, and creative

strategist, as well as a skilled negotiator, Reid advocates

for the interests of a wide array of private clients,

including residential and commercial developers,

property owners, Fortune 500 companies, and owners

and operators of industrial sites. He also has unique

knowledge of the laws on land use rights of religious

organizations; specifically, the constitutional and

statutory exceptions granted to them under state and

federal law.

Reid approaches public land use law with a private real

estate lawyer's understanding, experience, and

perspective, while simultaneously possessing a thorough

knowledge of the regulator mindset, resulting in the

ability to achieve efficient and fair results for his clients.

When challenges do arise, Reid is at his best and pursues

difficult land-use problems to resolution. His commitment

to his clients is unwavering, and he uses his negotiation

skills and passion for problem-solving to craft and

implement equitable resolutions between conflicting land

owners and land uses.

Houston's land-use laws lack a zoning component – but

are bewildering in their variety and complexity. Outside

the City of Houston lie numerous municipalities with

zoning and other restrictive land-use regulations. Few

people have the ability to efficiently navigate the diverse

array of local statutes and administrative bodies, from

boards of adjustment to zoning boards to city councils, as

Reid can do. With his many years in Texas real estate,

Reid has experience with most land use regulatory bodies

in southeast Texas. This deep experience has allowed him

to forge positive relationships with many local

government bodies, a quality that provides clients with

greater predictability and efficiency when pursuing their

land use objectives.

Reid's practice involves a broad array of work related to

both public and private land-use regulations, such as

deed restrictions (restrictive covenants), easements,

development agreements, platting, economic

development incentives, permitting and denial of permits,

zoning approvals and denials, statutory vested rights, and

traditional land use matters. As a trusted partner to his

clients, Reid also counsels businesses proactively on land

use and real estate matters to help avoid costly missteps

before they occur.

On the real estate side, Reid has a comprehensive

general practice that addresses the needs of all types of

private entities. He also consults with the firm's litigation

team on matters as a high-level problem-solver and

negotiator.

As a leader of Wilson Cribbs + Goren, Reid leverages his

extensive experience in land use and real estate law to

mentor the firm's attorneys. Under his direction, the firm

has made professional education a priority, ensuring that

all attorneys are up to date on the latest in Texas land

use and real estate laws and regulations.

Why You Should Attend this Galveston County Commercial Real Estate Event

What You’ll Learn 

  • Where are the investment and development opportunities in Galveston County's expanding real estate market?

  • How has Houston's growth influenced the population dynamics and development trends in the Galveston area?

  • Which major developments, such as Lago Mar, are significantly impacting the county's CRE landscape?

  • How have recent zoning changes altered the development landscape within Galveston? 

  • What were the immediate impacts of Hurricane Beryl on Galveston County’s infrastructure and community? What steps are being taken to assist residents and businesses affected by the hurricane in their recovery efforts?

  • What challenges did Hurricane Beryl pose to hospitality businesses in Galveston County, and how are these challenges being overcome in terms of guest services and operational continuity?

  • What key developments and projects are shaping the landscape of cities such as Friendswood and League City?

  • What factors have propelled the growth of Galveston's tourism industry, and what economic benefits does it bring to the county?

  • How is Galveston investing in infrastructure and amenities to enhance the quality of life for its residents and visitors alike?

  • What impact does the growing port and its new terminal complex have on the area?

  • What are the future growth prospects for Galveston and what asset classes are anticipated to see the most growth outside of hospitality?

  • What economic and social factors are driving growth and development in Galveston County, and how are they interconnected?

  • In the wake of Hurricane Beryl, how is the hospitality industry in Galveston County adapting its operations and infrastructure to enhance resilience against future natural disasters?

  • How can the community and local government work together to ensure a swift and effective recovery, and what lessons can be learned from this recent event?
     

How You'll Do More Business By Attending:

Join us for a deep dive into the Galveston County real estate market, which is experiencing unprecedented growth. Nestled along the picturesque Gulf Coast, Galveston County is transforming into a premier vacation destination and economic powerhouse. While the county has traditionally been rooted in the oil and gas industry, in recent years, there has been an influx of development and economic opportunity from the hospitality and shipping and logistics industries due to proximity to the Port of Galveston and accessibility to Houston.   

Discover how strategic transportation networks, including the I-45 corridor and major highway projects, are driving connectivity and accessibility, bolstering economic activities and enhancing residents' quality of life. Uncover the pulse of new development projects shaping Galveston County, from the Sports Illustrated Resort in Texas City to the Margaritaville Resort near East Beach, and gain insights into the evolution and opportunities within the region.

Who You’ll Meet During Networking: Owners, developers, investors, brokers, city and government officials, business consultants, architects, engineers, lawyers, accountants, bankers and technology companies.

Why You Should Attend: Bisnow events bring together the biggest power players in the industry to identify opportunities, build your network and expand your business. With the largest audience of commercial real estate professionals in the world, no one knows how to help your business more than us. Join Bisnow as we jump into the market to analyze its strengths and strategize on its areas of opportunity. You don't want to miss this event!

Questions about your ticket purchase or interested in sponsoring? Reach out to customerservice@bisnow.com for customer support. 

For questions, recommendations, comments, or press inquiries please email our Texas event producer, Ansley Bird, at ansley.bird@bisnow.com.

To request disability-related accommodations, please contact shannon.dearaujo@bisnow.com no later than seven business days before the event.

Galveston County News & Projects

Content Placeholder

Agenda

Time Activity
2:30 PM
3:30 PM
Breakfast, Networking, and Pre-Event Announcements
3:30 PM
4:00 PM
Fireside Chat with Senator Mayes Middleton and Wilson Cribbs + Goren's Reid Wilson
4:00 PM
4:45 PM
Projects Shaping Galveston County

Analyzing Growth, Key Developments, and Investment Opportunities

4:45 PM
5:00 PM
Networking Break
5:00 PM
5:45 PM
Resorts, Hospitality, and Restaurant Insights and Opportunity

A Deep Dive into the Tourism Boom Shaping Galveston's Coastline

5:50 PM
6:15 PM
Closing Networking

Sponsors

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