Bisnow's San Antonio State of the Market

Timothy B. Cone has a unique insight into the depth of the real estate development process. His 30 years of diverse experience performing as a developer, architect, project manager, and general contractor for multifamily housing, commercial, industrial, educational, and mixed-use projects ranging in size up to $400 million provides comprehensive understanding not available by each individual entity. This knowledge allows him to ensure that his projects are successful- financially, physically and aesthetically. Highlighted Experience Mr. Cone is the Vice President of Development for The NRP Group based in San Antonio. He is responsible for the developing market-rate premium multifamily communities throughout Texas. He also manages the development of market-ate communities through innovative public private partnerships. Mr. Cone is formerly President of Viridian Development Solutions- a professional service firm offering programming, site selection evaluation, architecture, estimating, bidding, negotiation, construction management and full development management. With Perez/Ernst/Farnet Architects in New Orleans, Mr. Cone was job captain for the $400 million Harrah’s New Orleans Casino (billed as the world’s largest) responsible for design and construction administration for the almost 1 million square foot building shell. He personally managed the company’s two major development projects; the $13 million Vicksburg, Mississippi Convention Center and the renovation of the state-owned casino in Mar Del Plata, Argentina. Leadership in the Community Mr. Cone has served as a Commissioner on the Historic and Design Review Commission for the City of San Antonio since 2004. He has served as chairman for three years and as vice-chair for three years. He served the City of San Antonio as a member of the Infill Development Task Force, River North Planning Team and Rio Guidelines Task Force and the Alamo Plaza Redevelopment Advisory Committee for the City of San Antonio. Mr. Cone earned a Bachelor of Environmental Design in 1986 from Texas A&M

After 5 action-packed years at Rackspace, Randy teamed with Graham to form Weston Urban in 2012. As President, Randy is responsible for all aspects of the company’s investing and development. The former Vice President of Real Estate at Rackspace, Randy led the cloud computing company’s global portfolio from 2007 to 2011. During his tenure the company expanded to eight data centers in the U.S., Hong Kong and the United Kingdom. In that time the company’s worldwide office footprint grew to 1.5 million square feet. Smith also led the acquisition and transformation of the former Windsor Park Mall into “The Castle,” Rackspace’s LEED certified global headquarters located in Northeast San Antonio. Randy earned his bachelor’s degree from Texas Tech University and a J.D. from Washington and Lee University School of Law in Lexington, Virginia.

Zach is the co-founder and Chief Investment Officer of Pender Capital. Zach co-founded Pender in 2015 and brings over 16 years of experience in both commercial real estate finance and capital markets expertise. Zach oversees the firm’s Investment and Research program which includes deal sourcing, research, and structuring and is a member of the Investment and Research Committee and the Management Committee. Prior to Pender, Zach served as Managing Director/ Senior Vice President for Liberty SBF, a commercial finance company based in Philadelphia, where he was responsible for establishing Liberty’s Western Regional HQ in Los Angeles and directed West Coast originations and operations. Zach personally originated over $60 million of commercial loans during the first year of operations on the West Coast. In 2008, Zach joined Silver Point Capital, LP in New York, a Goldman Sachs partner fund, where he was responsible for commercial real estate loan originations and insurance-linked securities trading. During his tenure at Silver Point, Zach traded more than $500 million in distressed commercial real estate debt, insurance-linked securities, and assets in the capital markets. From 2004 to 2008, Zach served as Senior Vice President/Division Director of Velocity Commercial Capital where he was the company’s highest grossing originator in e

Drew Garza is an Associate for Institutional Property Advisors (IPA) with a focus on business development and transactions of multifamily assets for private and institutional clients throughout the San Antonio MSA. Prior to joining the IPA team, Drew was an Associate and Member of Marcus & Millichap’s National Multi Housing Group. Within his first two years with Marcus & Millichap, Mr. Garza closed and/or was a part of the execution on over 2,000 units which is equivalent to over $120 Million. Mr. Garza is a graduate of University of Texas at San Antonio where he earned a degree in Real Estate Finance & Development with a minor in Finance. With his extensive understanding of multifamily real estate investments coupled with his degree, Mr. Garza is able to serve as an advisor for his clients, providing a tailored strategy or solution in order for the client to meet and exceed their goals.