DFW 2020 Forecast

Richard Chesney is a co-founder and Managing Partner of Sentinel Peak Capital Partners. He is responsible for developing and effectuating the repositioning strategies for each property that Sentinel acquires. Prior to co-founding Sentinel Peak, Mr. Chesney worked within the Real Estate Finance Group at Goldman, Sachs & Company in Dallas where he participated in the origination, loan closing and securitization of approximately $1.0 billion in commercial mortgage loans across several asset classes including, multifamily, retail, office and hospitality properties. Prior to his time at Goldman Sachs, Mr. Chesney worked within the special servicing division within J.E. Robert Companies (JER Partners) where he was part of a team that actively managed all non-performing loans and REO assets. During his time at JER, Mr. Chesney was part of a team that repositioned a portfolio multifamily property in excess of 1,000 units. These repositioning strategies allowed the firm to recoup its original loan balance. Prior to JER, he worked for Cole Capital in Phoenix in an asset management role and began his career with Holliday Fenoglio Fowler in its Dallas office on its debt platform. Mr. Chesney earned his Masters of Business Administration, concentrating in finance, from Southern Methodist University in Dallas, Texas and his Bachelors in Architecture from the University of Arizona in Tucson, Arizona. He is an active member of the Urban Land Institute and lives in Dallas with his wife, Melanie.

Scott Beck has helped finance billions of dollars-worth of high-profile projects throughout the country. Mr. Beck was also instrumental in the development and design of Trophy Club, a 2,400 acre master planned city in Texas. Legacy projects are his passion, hence his vision for the 430 acre Dallas, Texas district, “Dallas Midtown” which includes the $4 billion redevelopment of Valley View Mall. Mr. Beck has worked at some of the top financial institutions in the country. As an Associate Vice-President at JP Morgan Chase and Co.’s Lab Morgan, he focused on new business formation and corporate strategy for the bank globally. Prior to joining JP Morgan Chase, Mr. Beck was a member of SG Cowen’s leveraged Finance Group, where he provided support to clients who access the high yield and leveraged finance capital markets. Preceding SG, Mr. Beck was a senior auditor at Ernst and Young LLP. Mr. Beck received a Masters of Accounting from the McCombs School of Business at the University of Texas at Austin where he completed his B.B.A. Mr. Beck is a member of the Board of Directors of United Texas Bank and is President of Beck Properties Trophy Club. Additionally, Mr. Beck serves on the boards of various educational and charitable organizations.

As CEO of VCC, Derek Alley is the senior officer responsible for implementing the strategic plan for the Company. After growing up in Little Rock and learning many roles on jobsites and projects, Derek went to Stanford University to earn his BS in Management Science and Engineering, Derek then started his career in investment banking. Afterwards he moved to BlackRock, Inc in their Private Equity Real Estate Acquisitions Group based in San Francisco, CA. Under his guidance, VCC is consistently listed in the top 100 contractors by the Engineering News Record, largest contractor in Arkansas, a top 15 multifamily contractor, and recognized as the largest retail contractor in the Country. Derek is a member of the Young Presidents Organization, ICSC, ULI, the Texas Real Estate Council and sits on multiple boards including the Encore Bank Board of Directors and the Variety Charity of Texas.

Tobin Swope is a Shareholder in Winstead's Real Estate Development & Investments Practice Group. He handles a wide range of commercial real estate transactions involving financing, development, leasing, acquisition and disposition of real property of all asset classes, including multi-family and student housing, office, retail, industrial, flex, healthcare, gas station/convenience store and master planned single-family and mixed-use developments. Tobin’s representative experience consists of: Development, Acquisition and Disposition including purchase and sale contract drafting and negotiation; due diligence, including zoning, property condition, environmental, title, survey and lease review and closing matters. In addition, Tobin handles Asset Management and Leasing: Lease and sublease negotiation, extensions and amendments on behalf of landlords/developers and tenants. Tobin is a member of The Real Estate Council (TREC) Board for 2020. He served as an officer of the TREC Foundation Board in 2017 and the Executive Committee Secretary in 2018. Tobin is also active in the Associate Council of The University of Texas at Austin Real Estate Center at McCombs School of Business as well as the Texas Exes-Dallas Chapter.

Cindy Harris has managed the development of more than $550 million in mixed use and multifamily projects throughout the United States. She is known as a talented team builder and leader in every aspect of mixed use and multifamily development and project management. Her insights and knowledge come from more than 20+ years of executive level experience: crafting business plans, supervising design teams, negotiating public-private partnerships, expediting rezoning efforts and supervising sales, marketing and property management teams. Cindy has developed high quality projects for a variety of respected and well-known development firms such as Columbus Realty Trust, Post Properties, and the Trammell Crow Company. In her current role as Vice President of Development for Lang Partners, Cindy manages the company’s development projects and supervises the asset management effort for the firm’s owned properties.

Payton oversees and leads all components of JPI including two Regional Development and Construction Offices and Operations. Under his leadership, JPI has a People First focus. He serves as a member of the JPI Investment Committee and acts as a key executive in strategic direction and initiatives, as well as leadership and culture. Payton has a broad 20 years of real estate investment, finance and executive experience. Before moving to JPI, Mayes served as the Chief Investment Officer at DHIC Communities, a D.R. Horton company, expanding the company’s expertise in joint venture capital structures and distressed offerings. He also founded Cephas Partners, where he co-invested with Blackstone to acquire a portfolio from Bank of America Merrill Lynch with a total enterprise value of underlying assets of $4 billion. His experience also includes managing real estate private equity investments at Merrill Lynch, where he led a $600 million South American entrance, as well as serving on the board in three different development companies. He is a proud honors graduate of Texas A&M University and lives in Southlake with his wife Andrea and three children Merritt, Channing and Stella.

Chris is a serial entrepreneur with more than 20 years of real estate development and investment experience. He founded Fort and to date, the company has invested over $2B in Class B industrial, and land development projects throughout the state of Texas and the Sunbelt. Chris spends time focusing on Fort’s long-term strategy, fostering strategic relationships, and building capital relationships that will help complement the firm’s growth. He is also the host of The FORT Podcast, a Top 100 Business Podcast that has published 360+ episodes to date through a series of raw business conversations with business leaders and entrepreneurs. Chris graduated with a BBA in Finance & Marketing from Texas Christian University in Fort Worth, TX. Chris is a member of the Fort Worth YPO Chapter and attends Christ Chapel Bible Church. He lives in Fort Worth, TX with his family.

Sean Dalfen is the President and Chief Executive Officer of Dalfen Industrial and leads the firm’s investment committees and management committees across its platforms. Under Sean’s leadership, Dalfen Industrial’s portfolio has grown to over 50 million square feet of industrial properties from coast to coast, making it one of the nation’s largest owners and developers of industrial real estate and a leader in the last mile sector. Over his career, Sean has transacted on an excess of $10 billion USD. Prior to Dalfen Industrial, Sean worked at NAI Commercial as an Investment Sales Broker where he was one of the company’s Top 10 producers in Canada. Sean is involved in a variety of philanthropic activities, sits on the boards of multiple charitable organizations and is a frequent speaker and panelist at private equity & commercial real estate industry events. Sean studied Psychology and Finance at Tel Aviv University’s Lowy School and McGill University. Sean is involved in a variety of philanthropic activities, sits on the boards of multiple charitable organizations and is a frequent speaker and panelist at private equity & commercial real estate industry events. Sean studied Psychology and Finance at Tel Aviv University’s Lowy School and McGill University.ral Partner’s Fund IV Investment Committee. After joining the firm in 2006, Sean was instrumental in the firm becoming one of the largest buyers of industrial real estate, having executed over $1.4 billion of transactions involving in excess of 30 million square feet of industrial properties in the U.S. and Canada. Prior to Dalfen, Sean worked at NAI Commercial as an Investment Sales Broker where he was one of the company’s Top 10 producers in Canada. Sean is involved in a variety of philanthropic activities and is a frequent speaker and panelist at private equity industry events in both Canada and the U.S. Sean studied Psychology and Finance at Tel Aviv University’s Lowy School and McGill University.

As Chief Investment Officer for Bay Mountain Capital, Will's role includes directing an origination team responsible for sourcing and evaluating new debt investment opportunities across all asset classes, including non-owner occupied single family. In addition, Will is leading business development efforts to grow the firm by increasing loan volume and assets under management. Before Bay Mountain Capital, Will served as Vice President of Portfolio Management for Colony Capital. During his time there, Will managed a team accountable for underwriting and verification of risk associated with distressed commercial real estate debt while also working with delinquent borrowers to restructure and resolve non-performing debt. Additionally, Will was responsible for the value creation and disposition of commercial real estate across multiple portfolios, as well as management of hospitality constructions loans in the Southeast. Earlier in his career, Will worked as a Real Estate Financial Consultant for IPL Consulting, a Financial Analyst for Gables Residential and a Senior Associate for Transwestern Realty Finance Partners. Will has an MBA from the University of Wisconsin Real Estate and Urban Land Economics program and a BA in Economics from the University of Texas at Austin. He is also currently involved with multiple real estate industry groups including, Mortgage Bankers Association (MBA) and the Wisconsin Real Estate Alumni Association (WREAA).