Cincinnati State of the Market

Commissioner Todd Portune was elected to Hamilton County Board of Commissioners on November 2, 2000, after having served eight years on the Cincinnati City Council. Commissioner Portune has been re-elected four times and is currently serving his fifth term and is the current President of the Board of Hamilton County Commissioners. Commissioner Portune is serving and has served on the following Boards and Commissions:  Past President of the Ohio, Kentucky, Indiana (OKI) Regional Council of Governments Board of Trustees  Chair of the Hamilton County Transportation Improvement District  Chair of Hamilton County Emergency Management Agency Executive Committee  Chaired the Homeland Security Commission  Served as President of the Hamilton County Family and Children First Council  Hamilton County Solid Waste Management District Policy Committee (was Chair for 12 years)  Chair of the Hamilton County Board of Revision  Co-Chaired City-County Shared Services Committee  Member of the Hamilton County Investment Advisory Board  Chair of the Hamilton County Records Commission He also served as President of the Board of Hamilton County Commissioners on two separate occasions spanning three years – first from 2007 through December 2008 and again in 2010 from June through December. During his tenure as President, while facing serious budget challenges brought on by the recession, Commissioner Portune introduced zero based budget principles, mandates reviews, and aggressively pursued shared services and government reforms which lead to a reduction in the size of county government by 25% while the county maintained its full menu of services. Despite a 30% drop in revenues, the county had annually balanced budgets, improved reserves and strengthened its financial picture. Portune’s growth agenda for the county focused on sound land use planning, regional transportation enhancements and strategic economic development investments. At his lead, the promise of “The Banks” Riverfront Redevelopment Project gained new life within months of him taking the helm as President of the Board of County Commissioners. Other important initiatives Commissioner Portune continues to work on are:  Transportation – His major focus for the future is addressing the gaps in our region’s transportation infrastructure for the movement of people and goods through the region. Because of the confluence of improvements to the Panama and Suez Canals; changes in the arctic ice cap and location of new and cheap energy in Eastern Ohio, Hamilton County can become the inland port of choice in North America for the movement of goods. As such, our region’s efforts will generate an economic revival that will create jobs and sustain a vibrant local economy over the next century. Commissioner Portune is committed to “Transporting Hamilton County into the 21 st Century” by developing rail and trail corridors for both forms of transit; construct and finance the Western Hills Viaduct Project; plan multi-modal regional transportation system; create multi- state transportation commission with Kentucky and Indiana with regional transportation system funding plan which he predicts will double the number of accessible jobs accessible by public transit.  Economic Development  Cradle Cincinnati/Infant Mortality Initiative  “Perfect Storm” Coalition – Coalition of communities affected by the high costs of Clean Water Act compliance for sanitary sewers Commissioner Portune resides in Green Township with his three children.

Dan has been involved with the commercial real estate and construction industry for over thirty-five years, continuing the family heritage that began over 100 years ago in Greater Cincinnati and Northern Kentucky. In 1995, Dan formed Neyer Properties, Inc. to pursue his vision of creating value in office, retail, industrial, medical and, most recently, hospitality and multi-family products. Neyer Properties is a fully integrated real estate company specializing in development, construction, financing and management of sustainable land and building developments, with properties in Ohio, Kentucky and Indiana. Dan is highly respected and knowledgeable in all phases of the development of commercial real estate and uses his leadership and experience to be an advocate for positive change in our community. He has been directly involved in the development of over 3,000 acres of property and over 500 building and development projects, totaling well over $1.5 billion in value.

Harry Black is City Manager of the City of Cincinnati. Black took office Sept. 8, 2014, and is responsible for the day-to-day operations of City government. As the chief administrator for the City and its 6,300 employees, Black is committed to building a customer-centric workforce and responsible and effective economic development policies and practices that support the growth of jobs and economic opportunity for all Cincinnatians. He is also committed to building strategic and tactical financial management policies and practices that ensure sustainable fiscal responsibility and vitality. He is focused on making Cincinnati the safest city in America with the involvement of all of its residents, and ensuring it is the go-to destination for people who want to live, work and play in Ohio. Black aims for Cincinnati to become a national model for using performance management best practices and tools and data analytics to make city government more effective and efficient. In his previous role as Finance Director of the City of Baltimore, Black oversaw an All-Funds Budget of $3.3 billion supporting a workforce of 15,000 providing services to more than 620,000 residents, and achieved an S&P upgrade of Baltimore’s bond rating. One direct contributor to the City of Baltimore’s bond rating upgrade was the 10-year financial plan, Change to Grow, created through a process Black and his office led. Black, is the author of "Achieving Economic Development Success: Tools that work. A nuts and bolts primer for local governments desiring to improve their economic development policies, strategies and practices." The book was published by the International City/County Management Association. Before working to improve Baltimore’s finances, Black joined his wife in co- managing Global Commerce Solutions, Inc., a District of Columbia-based Government Services firm founded by both. The firm provided program management and turn-key staff augmentation solutions to various public sector organizations, including the U.S. Department of Labor, U.S. Department of Transportation, U.S. Department of Agriculture and the District of Columbia, as well as several private sector clients. Black held the position of Vice President and program manager of McKissack & McKissack in Washington D.C. The firm was extensively involved in supporting the U.S. Department of Labor’s development and construction of a state-of-the-art Jobs Corps center in Cleveland, Ohio, as well as the design, renovation and new construction of numerous other Job Corps projects across the country, such as dormitories, food service, academic, recreation, athletic, medical/dental and child development center facilities. Between 2005 and 2008, Black served as the Deputy Chief Administrative Officer for the City of Richmond, Va. His duties included managing the day-to-day operations of the City’s financial operations portfolio. Richmond has a 4,500 person workforce and an all-funds budget of $1.4 billion. In Richmond, Black led an effort to renovate a dilapidated theatre into a state-of-the-art performing arts center. As a means of bridging a debt ceiling challenge for the City, Black introduced one of the first public sector commercial paper programs, which allowed the City to bridge its debt ceiling challenge while still being able to pursue strategic community revitalization efforts. He and his team were also able to secure a bond rating upgrade for the City’s water and wastewater utility. Black’s extensive public service career also includes stints with the New York City Transit Authority, the Port Authority of New York and New Jersey, New York City’s Mayor’s Office of Contracts and the District of Columbia’s City Council. Black has served on multiple boards of directors. He is a member and chair of the Virginia State University Board of Visitors and a board member of the National Federation for Black Public Administrators. Black holds a Bachelor's of Science degree in Public Administration from Virginia State University, and a Master’s Degree in Public Administration from the University of Virginia. Black and his wife Sheryl are the proud parents of a son and daughter.

John Rickert, CCIM founded SVN |RICORE Investment Management, Inc. in 2001. John’s real estate background includes extensive real estate investment management, acquisition and disposition including substantial experience with distressed debt and distressed assets. SVN|RICORE’s core business is composed of commercial real estate brokerage; leasing and investment sale; property management, court appointed receivership services, general contracting and construction management. So far in 2017, SVN|RICORE’s staff of 48 has continued their regional leadership managing $250 million of annual investment revenue attributed to approximately 1,050 tenants in 254 assets. SVN|RICORE’s National Accounts practice is working with 9 separate companies including other SVN affiliates managing and leasing over 200 properties in 16 states. In 2017, SVN|RICORE’s general contracting and construction management company, General Contracting Partners (GCP), is expected to complete 18 projects valued at just less than $35 million. John received a Bachelor of Arts in Economics and Political Science at the University of Richmond, VA. John is a graduate of Culver Military Academy and a former United States Army Officer and helicopter pilot. John is a Certified Commercial Investment Manager and an Ohio and Kentucky Real Estate Broker. John is the recipient of numerous awards within the SVN franchise family for his contribution to SVN’s national growth and SVN|RICORE’s franchise leadership.

Jeanne Schroer is the President/CEO of the Catalytic Development Funding Corp. of Northern Kentucky, a not-for- profit company that provides capital and development services to real estate developers and local governments undertaking projects in Northern Kentucky’s urban neighborhoods. The Catalytic Fund has a $10,000,000 real estate investment fund it uses to provide equity investments, secondary/mezzanine, bridge loans and other creative financing structures to execute quality residential and mixed-use projects. The organization also has a full time staff to provide real estate development services such as transaction structuring, property analysis, land assemblage, and financial feasibility analysis. The Catalytic Fund was certified by the US Department of Treasury as a CDFI in 2015. Schroer has 35 years of experience as a real estate professional. She began her real estate career as a Financial Analyst with Urban Investment and Development Company in Chicago, developer of large urban mixed-use projects such as Water Tower Place in Chicago and Copley Place in Boston. In 1984, she joined Corporex Companies and held positions of Financial Analyst, Manager – Capital Acquisition, Director – Mortgage & Equity Group, and Senior Vice President and Member of Corporex’s Executive Management Board. Her primary responsibilities at Corporex included arranging debt and equity financing transactions for Corporex’s development projects, arranging permanent loans and asset sales, managing lender and investor relationships, and completing the annual valuation of real estate assets and the consolidated corporate Business Plan. Schroer also held the position of Vice President of Finance at Tipton Associates between 1989 and 1991. Prior to joining the Catalytic Fund, Schroer was the Interim Director of the University of Cincinnati Real Estate Center and Field Service Professor of Real Estate. Schroer graduated Magna Cum Laude from the University of Cincinnati with a Bachelor of Urban Planning and a Certificate in Economics. She also received a Master of Business Administration in Finance and Real Estate from Indiana University. Schroer holds the professional designation Counselor of Real Estate (CRE), a credential awarded to individuals invited by their peers into the membership of The Counselors of Real Estate. The credential signifies professional achievement in the real estate counseling profession and demonstrates peer recognition of outstanding intelligence, integrity, and judgment in real estate. In addition to her professional work, Schroer has been active in numerous community planning efforts and real estate professional organizations. She was Co-Chairman of the Urban Centers Task Force for Quest – Northern Kentucky in 2020 and a member of the Riverfront Advisors Commission, which created the original plan for “The Banks”. She is a member of the Board of Advisors for Real Estate (BEARE) for UC’s Real Estate Center and served as Chairman of UC’s Real Estate Executive Advisory Committee (REEAC). She was President of the Cincinnati Chapter of NAIOP and is currently a member of the Executive Committee of Urban Land Institute. Schroer was a member of the Executive Board and Regional Stewardship Council of Vision 2015 and is now a member of Allies for Economic Growth. Schroer also serves on the Executive Board of the Covington Business Council, the Foundation Board of Gateway Community and Technical College, the Board of Governors of the Metropolitan Club, the Campbell County Leadership Action Group, the US Bank Northern Kentucky Board of Advisors, and the Tri-County Economic Development (Tri-ED) Board. She was a member of the Leadership Kentucky Class of 2014. In 2011, Schroer was the recipient of the University of Cincinnati Real Estate Center Distinguished Real Estate Professional Award and was named by the Cincinnati Enquirer as one of the “Twenty Businesswomen to Watch in 2012”. She also received the 2012 Covington Business Council “Founder’s Award”, the 2012 Center for Great Neighborhoods “Great Neighbor Award”, was one of McAuley High School’s 2012 “Women Who Inspire”, one of the 2014 “Outstanding Women of Northern Kentucky”, and the Lane Report’s “Top Ten Businesswomen in Kentucky”. In 2015, Schroer was named as one of the Cincinnati Business Courier’s “Ten People to Know in Commercial Real Estate” and in 2015 she received the “Trailblazer Award” from the Dan Beard Council of the Boy Scots of America. In 2017, Schroer received the “Impact Award” bestowed by Legacy, Next Generation Leaders.

Tom Rowe is the co-founder of Terrex, LLC, a development and construction company in Cincinnati, Ohio. Tom has been active in the real estate industry for over 20 years. He graduated cum laude from Michigan State in 1994, from Loyola University Chicago School of Law in 1998 and from Loyola University Chicago Graduate School of Business in 2000. He is actively involved in ULI Cincinnati, having been the former District Council Chair and the current Chairperson of the ULI Advisory Board. Tom is also a leader within the community, sitting on the boards of Hyde Park School and the Hyde Park Neighborhood Council.

Kevin Schutte is the Managing Director for CBRE’s Cincinnati office. As Managing Director, he supervises a team of over 175 employees including approximately 40 leasing and sales professionals who specialize in investment properties, global workplace solutions, asset services, project management, valuation and portfolio administration. His responsibilities include business development, service delivery, community and industry relations, recruiting, hiring, and client relations and the overall profitability of the CBRE Cincinnati office. Kevin has more than 20 years of commercial real estate experience in the greater Cincinnati area. Prior to joining CBRE, he worked at Skanska USA Building, where he was responsible for the company’s business development in Ohio, Kentucky and Indiana. During his time with Skanska, Kevin’s leadership helped the firm significantly increase its revenue in the Cincinnati region.

Bob is a consultant who helps Clients refine and achieve their vision as a progressive, competitive organization. He has a passion for sustainable practices and environmentally friendly processes, his background is management for architecture and engineering projects, and his driving force is success through teamwork. Bob’s desire is to connect innovative ideas, exceptional talents, and progressive vision grounded in professional solutions. He is known for his ability to listen, then lead - applying experience and best practices for the Client's specific situation. Bob’s specialties include comprehensive master planning; client relationships, business development, project and team management, and the research and development of innovative, high-performance building technologies, including water reduction, energy efficiency, and return on investment analysis. He has provided services for private sector clients including lending institutions, developers, brokers, and equity property owners; and governmental agencies such as National Aeronautics and Space Administration (NASA), United States Department of Defense (DOD), and the Department of Veterans Affairs (VA). Registrations: Registered Architect, Ohio LEED Accredited Professional, USGBC EDUCATION: B.S., Architectural Engineering Technology, University of Cincinnati.