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2021 CRE FORECAST

Herbert Weitzman

Herbert Weitzman

Executive Chairman

Weitzman

Lucy Burns

Lucy Burns

Partner

Billingsley Company

Sabine Gaedeke Stener

Sabine Gaedeke Stener

CEO

Gaedeke Group

Bill Brown

Bill Brown

CIO

Granite Properties

Ben Brewer

Ben Brewer

COO

Hall Group

Ryan Chismark

Ryan Chismark

Partner

Morrison & Head

Susan Arledge
Moderator

Susan Arledge

Senior Managing Director

Newmark

Herbert Weitzman

Executive Chairman

Weitzman

Herbert D. Weitzman is Executive Chairman of Weitzman. In 1990, after nearly 30 years in the real estate business, Weitzman founded the company, a full-service commercial real estate brokerage firm that now ranks as one of the largest retail-focused real estate services firms based in Texas. On the brokerage side, Weitzman leases a retail portfolio of approximately 44 million square feet in Austin, Dallas-Fort Worth, Houston and San Antonio. As a property manager, Weitzman is responsible for managing a statewide portfolio of more than 22 million square feet of retail and commercial properties.

Lucy Burns

Partner

Billingsley Company

Lucy Burns began her career at Lehman Brothers in New York City where she worked in Private Client Services. From there she transitioned into real estate as the head of investments for Groupe Arnault in the United States. In 2006 Lucy joined The Ratkovich Company in Los Angeles where she managed the renovation of a 500,000 square foot high rise on Wilshire Boulevard. The role involved oversight and management of the complete replacement of the building’s central plant, asbestos abatement, common area upgrades and a $5 million lobby renovation. Mrs. Burns also handled lease negotiation, asset positioning, partnership relationships, and property management. n 2008 Lucy entered the family real estate business, where she manages Billingsley Company’s office and single-family property portfolios. “It is a thrill as a parent to see your child as a talent. But better than that is to have them come join your team as a leader focused on creating a significant company for the next 50 years,” remarked Lucy Billingsley, Partner and Co-founder. “Now I have to really start delivering results because I have to live up to a higher standard.” Lucy has her Master’s of Science in Real Estate Development from olumbia University and a Bachelor’s Degree in History from Davidson College. She is on the Board of Directors for Downtown Dallas, Inc. and 2 TIF Boards, and is a member of the Associate Council of the McCombs School of Business Real Estate Finance and Investment Council.

Sabine Gaedeke Stener

CEO

Gaedeke Group

Commercial real estate expertise combined with investments in unconventional energy plays on behalf of international family office. Co-investment partner with other family offices who seek to diversify their real estate portfolios.

Long-term track record of real estate investing results draws on more than 20 years of experience and a track record as marketing director for Premiere/ Canal+, a television venture of Bertelsmann AG, one of the world's largest multimedia companies, as well as account management for global advertising agency BBDO.

Gaedeke Group's primary mission is to create high-end office environments by in investing new capital and devoting sound management principles to high quality, well-built Class A office properties across the country. The real estate portfolio holdings are currently located in Arizona, Florida, Tennessee, Texas and Washington DC (www.gaedeke.com).

Additionally, Gaedeke Energy is an independent investor in oil and gas properties (predominantly based in Williston Basin) and renewable energy ventures that show significant potential upside from additional investments or infield drilling, yet lack sufficient capital needed for further development to build long-term value.

Bill Brown

CIO

Granite Properties

"We are an active investor with the history and insight to bring value to every transaction."

Bill joined Granite in 1993 and is the Chief Investment Officer overseeing all investment activity—acquisitions, dispositions and financial structuring. Prior to joining Granite, Bill was with Financial Resource Management, Inc. (Nations Bank). Bill serves as a member of the National Association of Industrial and Office Parks and past board member of The Real Estate Council. He is also an alumnus of The Real Estate Council's Associate Leadership Council.

Bill received his bachelor's degree from Southern Methodist University and his MBA from Texas Christian University.

Ben Brewer

COO

Hall Group

In his role, Brewer oversees HALL Group’s asset management, development, and marketing teams, managing the company’s real estate portfolio valued at approximately $1.5 billion. Additionally, he serves on the loan committee for HALL Structured Finance, the company’s private lending division.

Before joining HALL Group, Brewer spent 18 years at Hines, where he most recently held the position of market leader for the Dallas operations. During his tenure at Hines, he led numerous real estate developments in the Dallas-Fort Worth market and was deeply involved in acquisitions, refinancing, REO transactions, zoning/entitlement, and real estate development. Earlier in his career, Ben worked at KPMG LLP.

Brewer is a member of the board of directors for The Real Estate Council (TREC), Klyde Warren Park Corporate Council, White Rock Lake Foundation, and the Dallas Regional Chamber.

He earned both his bachelor’s and master’s degrees from Baylor University and is a Certified Public Accountant.

Ryan Chismark

Partner

Morrison & Head

Mr. Chismark is a Partner with Morrison & Head, a Texas based property tax consulting, due diligence and appeals practice. He oversees the Dallas office working with institutional owners of commercial real estate through acquisition, development and property tax protests. Mr. Chismark’s team represents $14.5 Billion in commercial real estate in DFW. Morrison & Head is the fastest growing tax consulting practice in Texas and was recently named one of DFW’s 100 fastest growing companies for 2020. Ryan grew up in Syracuse, NY before relocating to Texas in 2012. He lives in Dallas with his wife Chelsea and his labradoodle Dwight.

Susan Arledge

Moderator

Newmark

Susan Arledge, SIOR, currently serves as a Senior Managing Director in the company’s Dallas office. Arledge has over three decades of experience advising corporate clients on location decision-making, having worked with notable companies to identify and establish real estate locations including headquarters sites, distribution/e-commerce and manufacturing centers, customer support/shared service centers, back office and tech support operations.

Susan specializes in securing real estate locations for clients globally, focusing on a proprietary Total Cost Analysis model that identifies all labor costs, transportation costs, incentive opportunities, and real estate costs. She focuses on finding locations that reduce attrition, increase productivity and allow clients to remain competitive by finding a labor force that meets their unique needs.

Arledge has received numerous professional honors throughout her career. She was the recipient of the prestigious “Stemmons Service Award,” given annually to a Dallas commercial broker that best represents the industry’s standards for business success and community service. Arledge has served as President of the SIOR North Texas Chapter, the Board of Directors for the American Heart Association and as Chair of the Go Red for Women Luncheon in Dallas. She maintains the Society of Industrial and Office Realtors (SIOR) designation and has been honored as one of the Dallas Business Journal’s “Heavy Hitters.” Arledge is a frequent speaker and author whose insights are often highlighted in publications including D CEO, D Magazine and Bisnow.

Prior to joining Newmark, Arledge served as Executive Managing Director at Dallas-based commercial real estate firm ESRP. Arledge’s prior experience included being the Managing Principal for Cresa Dallas and The Staubach Company.

The Next Generation of Mixed-Use Development: A Look At The Latest Ground- Up Projects Around DFW

Bill Cawley

Bill Cawley

Chairman & CEO

Cawley Partners

Nick Summerville

Nick Summerville

Managing Partner & COO

Kaizen Development Partners

Bill Baumgardner

Bill Baumgardner

Executive Vice President, Dallas

VanTrust Real Estate

Poorvesh Thakkar

Poorvesh Thakkar

CEO

Thakkar Developments

Artemio De La Vega

Artemio De La Vega

CEO

De La Vega Development & Capital

Dustin Gabriel
Moderator

Dustin Gabriel

Sr. Dr. of Relationship Management

DLP Capital

Bill Cawley

Chairman & CEO

Cawley Partners

Bill Cawley is the brand and vision behind Cawley Partners, a

full-service, Dallas-based real estate company historically focused

on commercial office product. Over the course of his career, Bill has

owned all classes of commercial real estate in multiple markets

across the country. He is continually recognized as one of the most

influential business leaders in Dallas-Fort Worth. In 2020, Bill was

named Developer of the Year by D CEO Magazine, and most recently,

he was the 2022 inductee to the NTCAR (The North Texas Commer-

cial Association of Realtors and Real Estate Professionals) Hall of

Fame. Bill has acquired and developed more than 15 million square

feet of commercial office product. His company, Cawley Partners,

has been the premier office developer along the Dallas North Toll-

way, developing more than $500 million of Class A office space and

totaling more than 1.5 million square feet within the last 5 years.

Bill Cawley served as the 2020 Chairman of TREC (The Real Es-

tate Council) and is a past board member of NTCAR. Bill is an ac-

tive member of ULI (Urban Land Institute) and serves on the SMU

COX Folsom Institute for Real Estate Advisory Board. In addition to

his industry related committee positions, Bill supports numerous

charitable organizations.

Nick Summerville

Managing Partner & COO

Kaizen Development Partners

Mr. Summerville provides operational leadership and vision on all of KDP’s real estate development projects, maintaining intimate involvement with every facet of a project from site acquisition through asset disposition. With an intense attention to detail, Mr. Summerville brings a breadth of experience in managing large, technically sophisticated development projects and financial transactions. That same attention to detail allows him to successfully balance market demand, capital structure requirements, and project delivery constraints. Mr. Summerville is a perfectionist by nature and unwavering in his commitment to delivering exceptional quality. Throughout his career, Mr. Summerville has managed over $2,000,000,000 of development projects, and $630,000,000 specifically in the healthcare sector, all without a single cost overrun. His personal passion for environmental stewardship serves as a driver for KDP’s corporate mission to promote and develop sustainable buildings.

Prior to co-founding KDP, Mr. Summerville was Chief Operating Officer and a partner at NRG, where he was instrumental in growing the start-up firm from $250,000 to $7,000,000 in annual revenues, while developing a portfolio of new, high quality real estate assets valued at approximately $630,000,000. During this time, Mr. Summerville and the other executives at NRG were successful in liquidating half of the portfolio, yielding investor profitability of approximately $125,000,000. After graduating in 2000 from Texas A&M University’s College of Architecture with a B.S. in Construction Science, Mr. Summerville joined the Dallas office of The Whiting-Turner Contracting Co. For over five years he served as a project manager directly involved in the preconstruction and execution of large commercial construction projects throughout the country. In 2006, Mr. Summerville joined Las Vegas-based GSG Development, serving as a development executive, where he managed all aspects of the firm’s mixed-use, high-rise residential, and commercial office real estate development efforts.

Bill Baumgardner

Executive Vice President, Dallas

VanTrust Real Estate

Bill Baumgardner is a commercial developer and licensed broker

with an in-depth background in commercial real estate business

coupled with expertise in development, construction, tenant

representations, leasing and sales. Bill has the innate ability

to meet a customer’s need and budgetary requirements with

the highest possible value and product available. He also has

experience in coordinating legal, financial and construction

requirements for transactions.

At VanTrust, Bill’s primary responsibilities are to ensure

that VanTrust’s short and long-term development goals and

objectives are met through proper site selection, acquisition, and

development of new, build-to-suit and speculative opportunities.

Prior to joining VanTrust, Bill was with Colliers International

and The Pizzuti Companies. He has over 20 years of development

experience and has played a major role in the development,

leasing and sales of major instructional grade office and industrial

projects. He has overseen the development and leasing of nearly

15-million square feet of industrial and office projects. Bill has

been active in numerous industrial and office sales, completing

more than 25-million square feet of transactions. He also worked

for the Danter Company, a leading real estate research firm, as a

field analyst where he conducted market feasibility reports for a

host of real estate projects throughout the United States.

Bill is a graduate of Ohio State University with a degree in

Business Administration. He holds an Ohio real estate license

and is a member of National Association of Industrial and Office

Properties (NAIOP), National, Ohio and Columbus Association

of Realtors, Columbus 2020. He is also the past president of the

Central Ohio NAIOP Chapter.

Artemio De La Vega

CEO

De La Vega Development & Capital

Artemio De La Vega is the founder and CEO of De La Vega Development, a commercial real estate firm specializing in dynamic mixed-use developments. Mr. De La Vega has more than 25 years of experience in the entrepreneurial and real estate industry, with a focus on single-tenant, multi-tenant retail centers and mixed-use developments. He brings a versatile and deep knowledge of development, master planning, entitlements, construction and capital markets to every project.

Mr. De La Vega has successfully invested, acquired, developed or redeveloped more than 100 commercial real estate projects throughout the world. Some of his more notable projects include the 900,000 square-foot Las Palmas Marketplace in El Paso, TX; the 900,000-square-foot Canyon West in Lubbock, TX; the 400,000-square-foot Kings Crossing in Shreveport, LA; as well as multiple industrial distribution and manufacturing facilities for clients such as Chrysler, General Motors, Alcoa, Yazaki, Bergamasca and more.

As a recognized leader in the commercial real estate industry, Mr. De La Vega frequently serves as a panelist for many leadership and future vision summits. He is also a guest columnist for a variety of publications and active with several professional organizations, including the International Council of Shopping Centers (ICSC) and The Real Estate Council (TREC). In addition, he serves on the Executive Committee of the Chancellor’s Council of the University of Texas System, is a board member and donor to the FEMAP Foundation, and a proud donor and supporter of the Artemio De La Vega Scholarship Fund for the benefit of Hispanic students at the University of Texas, El Paso.

He received his Bachelor of Business Administration from the University of Texas, is a graduate of Culver Military Academy, Jr. Reserve Officers Training Corps and holds an FAA private aircraft license. Mr. De La Vega enjoys spending time with his wife and four children.

Dustin Gabriel

Moderator

DLP Capital

Focused on the financing of thriving communities; looking to deploy ~$2Bn in 2025 with experienced sponsors toward the development of multifamily, build to rent, master planned communities, manufactured housing and land development across Texas and the Southeast.

DLP Capital is a faith-forward, vertically integrated impact investment company with:

20,000+ residences owned

5,000+ residences in development and construction

800 team members across the DLP Companies

$5.25B+ AUM

$11B+ Invested In the Building of Thriving Communities

$6B+ Loans Funded

$5B+ of Communities Developed and/or Acquired

3,500 investor families

KEYNOTE

Trammell Crow

Trammell Crow

Founder

EarthX

Lynn McBee

Lynn McBee

Board Chair

EarthX

Trammell Crow

Founder

EarthX

Trammell S. Crow is the founder of EarthX (formerly known as Earth Day Texas), the largest

annual exposition and forum showcasing initiatives, research, innovations, policies and corporate

practices serving the environment.

With a focus on inspiring environmental leadership across sectors and party lines, Crow serves

on the board of directors for ConservAmerica and co-founder of Texas Business for Clean Air

(2008) and Texans for Clean Water. He is also a long-term supporter of the Texas Conservation

Alliance, the Nature Conservancy of Texas, Log Cabin Republicans, Texans for Public Lands,

Energy Defense Fund, Paul Quinn College and the League of Conservation Voters. His

philanthropy benefits various nonprofit organizations that are active in family planning,

education, the environment, community initiatives and political causes.

Crow’s passion for art extends to his role as president of the Crow Family Foundation supporting

The Trammell and Margaret Crow Collection of Asian Art. Trammell ran Dallas Market Center,

developed Infomart, developed Dallas Communications Center, the Studios at Las Colinas and

DFW Teleport, President of Trammell Crow International developments in France, Spain,

Germany, Belgium, United Kingdom, Japan and Peoples Republic of China.

Trammell has four children, Nathan and Daniel residing in Dallas, Isabella studying at Trinity

College in Hartford, Connecticut and Margaret, restaurateur in London.

Lynn McBee

Board Chair

EarthX

As a volunteer leader in Dallas for more than 25 years, Lynn has worked more than 45,000

hours of service for more than 30 different non-profit groups. Lynn’s work has made a

difference on tough issues like improving education, serving homeless, protecting children,

fighting domestic violence and helping underserved students succeed in college. As a deeply

engaged civic leader, Lynn has learned how to bring different stakeholders to the table, find

common ground and solutions, and get everyone moving in a productive manner that gets

results.

As a biochemistry grad from the University of Texas in the early 90’s, Lynn was an early hire of

New England Biolabs, where she worked as a research scientist and later created partnerships

to grow the company. Today, NEB is the world leader in genomic research and employs more

than 500, and Lynn still serves as a manager and employee owner.

Lynn has served more than six years as CEO of Young Women’s Preparatory Network, a public-

private partnership that creates STEM-focused schools of choice in an all-girls setting. To date,

YWPN grads have a 100% college acceptance rate – many of them first generation college

goers. Over six years as CEO, Lynn has grown revenues 300% and gained a deep understanding

of how to partner with ISDs to improve student achievement.

Lynn is best known for her leadership roles in the Dallas community and for her philanthropic

endeavors. Currently, she is Chairman of the Board of The Family Place Foundation; Chairman

Emeritus and Life Member of the Board of the Visiting Nurse Association; Co-Chair of the

Coalition for a New Dallas; Co-Chair of For Oak Cliff: Co-Chair of Oakland Cemetery; AT&T

Performing Arts Center Board of Directors; The Bridge Homeless Recovery Center Board of

Directors; The University of Texas College of Natural Sciences Board; Dallas County Community

College District Foundation Executive Board; Dedman College Executive Board at Southern

Methodist University; Dallas Education Foundation Trustee; Letot Center Foundation Trustee;

Chi Omega Foundation National Trustee; Children's Medical Center Foundation Trustee; the

Bullock Texas State History Museum Board of Directors; the Peter O’Donnell Jr. Brain Institute

board at UTSW; Texas Women’s University Institute for Women’s Leadership Board; Caruth

Police Institute Advisory Board; Junior League of Dallas Endowment Chair; Vickery Midtown PID

and The Salvation Army Advisory Board. She is past Chairman of the Board of The Bridge

Homeless Recovery Center, The Dallas Opera, TACA, the Dallas Historical Society and the Dallas

Film Society. She has served on the boards of The Trinity Park Conservancy, Texas Ballet

Theater and the friends of the Texas Historical Commission.

Lynn is a member of The Crystal Charity Ball, Charter 100, The Dallas Assembly, Dallas Woman’s

Club and the Sweetheart Ball. She is a past President and Ball Chairman for the Junior League

of Dallas and former Ball Chairman of the Cattle Baron’s Ball.

A native of Freeport, Texas, Lynn was raised by parents who believed in the power of

education. Through her years in public school, at the University of Texas and throughout her

career in biotech and as a CEO, Lynn’s has kept true to her guiding principles of life-long

learning, valuing honesty and integrity, and always finding ways to help others. She has been

married to her husband Allan for 20 years. Lynn and her husband, Allan, live in the Turtle Creek

area of Dallas.

Summary

  1. If developers could buy or pick up land anywhere in the DFW Metroplex right now, where would they go and what would they build?

  2. What retail concepts are developers looking for when it comes to new mixed-use products around DFW? What opportunities are there for retailers and entertainment venues to lock in spots at prime development sites?

  3. The coronavirus has sped up trends we were already seeing. Which of these trends is going to change the CRE landscape for years to come?

  4. How is Dallas positioning itself to be a major hub for corporate relocation? How can it position itself against other large CBD's?

  5. Is there capital out there for development and acquisitions? How has underwriting changed in the past few months?

Agenda

Time Activity
4:00 PM
4:45 PM
Opening Networking
4:45 PM
5:45 AM
2021 CRE Forecast

The State of The DFW Economy, Corporate Relocation & The Dallas Appeal

5:45 PM
6:30 PM
The Next Generation of Mixed-Use Development: A Look At The Latest Ground- Up Projects Around DFW
6:30 PM
6:45 PM
Closing Networking

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