ACRE Alabama Cabinet - Transformational Leadership
Future Center success requires transformational leadership, which is the key to its sustainability, productivity and growth. The ACRE Alabama Cabinet provides such leadership in its effort to support ACRE’s core purpose of providing relevant resources for the real estate industry in Alabama and the communities it serves. Cabinet Members provide both thought leadership and the financial support that allows ACRE to continue to build its evolving multimedia platform.
For more information about the Cabinet and how your business can support the mission of the Center, contact Grayson Glaze at (205)-348-7714 or by email at firstname.lastname@example.org.
ACRE is honored to profile our cabinet members who continue to
provide transformational leadership for Alabama's real estate industry.
P.O. Box 242967
Montgomery, AL 36124
Alabama Housing Finance Authority (AHFA), created in 1980 by the Alabama Legislature, is dedicated to serving the housing needs of Alabama and offers a number of affordable housing programs for homebuyers and renters.
As a longtime proponent of making homeownership a reality for low- and moderate income Alabamians, AHFA offers Step Up, a successful program featuring affordable interest rates and entry cost assistance on 30-year, fixed-rate mortgage loans. New home buyers may also take advantage of the Mortgage Credit Certificate which qualifies them for valuable federal income tax reductions. And unemployed or underemployed Alabama homeowners may also take advantage of Hardest Hit Alabama, a federal government initiative administered by AHFA which is designed to prevent foreclosures.
Recognizing that a large portion of Alabama households may be more suited to rental housing, AHFA offers tried and tested multifamily programs as well. As administrator of the State’s HOME (HUD) and Housing Credit (Treasury) programs, AHFA has long provided financing incentives to the development community who have, in turn, built or rehabilitated tens of thousands of affordable rental units. Multifamily bonds also remain a viable source of development funding through AHFA.
A major initiative for AHFA over the last decade has been the creation and growth of its mortgage servicing business, now known as ServiSolutions®. In addition to servicing all homeownership program loans in-house, AHFA now services loans for many Alabama community banks as well as the housing finance agencies in the State of Washington, Missouri and North Carolina.
For more information, visit www.AHFA.com.
Senior Director of Platform
Alabama Media Group is a digitally-focused news organization encompassing all content, marketing and sales operations for AL.com, The Birmingham News, Birmingham magazine, The Huntsville Times, Press-Register, The Mississippi Press and gulflive.com.
Alabama Media Group brings together the journalistic excellence of our award-winning publications with the up-to-the-minute access of AL.com, ensuring the communities we serve have 24/7 access to what's happening in their world. Our visitors and our clients make up an audience that is engaged in commenting, sharing photos and video, and working together to create a vibrant social community. Now, more than ever, this community can access information, advertising and each other, via the web, smartphones, tablets and apps of all kind, through newsletters, text alerts and much more.
Commercial Business Development
Alabama Power Company
600 18th Street North
Birmingham, AL 35203
Office: (205) 226-1617
Alabama Power provides the valuable combination of unparalleled service, reliable electricity supply and competitive prices to more than 1.4 million homes, businesses and industries across the state. More than 84,000 miles of power lines carry electricity to customers throughout the company’s 44,500-square-mile service territory.
Alabama Power is an active participant in the communities it serves. The Alabama Power Foundation supports a wide spectrum of nonprofit organizations throughout the state, and Alabama Power employees and retirees volunteer their time and resources to support communities through the Alabama Power Service Organization and the Energizers retiree service organization.
Economic development has been engrained in Alabama Power’s culture for more than a century. The company established the first economic development department for an electric utility in the country in 1913. With a strong record of meeting or doing better than environmental standards set by state and federal environmental agencies, the company is focused on preserving and protecting Alabama’s natural resources.
Alabama Power is a part of Southern Company (NYSE:SO), a leading U.S energy company serving nine million electric and gas utility customers in 18 states through its subsidiaries.
Learn more at www.alabamapower.com.
820 Shades Creek Parkway
Birmingham, AL 35209
BL Harbert International, LLC is recognized as a well-diversified construction company working in a wide range of construction markets both in the U.S. and abroad. The company is one of Alabama’s most influential contractors, a leader in sustainable construction, and a top design-builder. U.S. markets served include: Healthcare, Institutional, Civil, Industrial/Manufacturing, Government/Municipal and Commercial.
The growth that the company is able to sustain throughout a wide range of operations has, at its core, a decentralized decision-making and management operating philosophy. Our company has been built by extraordinary people of good character who are empowered to make sound decisions.
Firmly grounded in Alabama, our roots in the community are deep, while we possess those unique capabilities to build anything, anytime, and anywhere in the world.
For more information: www.blharbert.com
Meade Whitaker, Jr.
One Federal Place
1819 Fifth Avenue North
Birmingham, AL 35203-2119
Bradley Arant Boult Cummings LLP is a regional law firm with a global perspective. The firm has more than 440+ attorneys serving individuals, emerging businesses, and established regional, national and international companies. Clients rely on us for innovative legal services that reflect a deep understanding of their business realities.
We are one of the largest firms in the Southeast, with offices strategically located in Alabama, Mississippi, North Carolina, Tennessee and the District of Columbia. For more information, click here.
For Bradley Arant news, click here.
3021 7th Avenue South
Birmingham, AL 35233-3502
Toll Free: (205) 328-4000
Founded in 1964, Brasfield & Gorrie is one of the nation’s largest privately held construction firms, providing general contracting, design-build, and construction management services for a wide variety of markets. We are skilled in construction best practices, including virtual design and construction, integrated project delivery, and lean construction, but we are best known for our preconstruction and self-perform expertise and exceptional client service. Brasfield & Gorrie has 12 offices and approximately 2,600 employees. Our 2016 revenues were $2.4 billion. Engineering News-Record ranks Brasfield & Gorrie 29th among the nation’s “Top 400 Contractors” for 2016.
420 North 20th Street Suite 3400
Birmingham, AL 35203
Burr & Forman LLP is a century old full-service law firm with a forward-thinking approach to providing legal solutions. We have nearly 300 attorneys and offices in Alabama, Florida, Georgia, Mississippi and Tennessee. Burr & Forman offers a wide range of business and litigation services to diverse clients with local, national and international interests.
For locations, click here.
For recent news of Burr Forman, click here.
Robert W. Buchalter
Chief Real Estate Officer
361 Summit Blvd. , Suite 110
Birmingham, AL 35243
Capital Growth Properties is a private Real Estate Investment Company working diligently to provide attractive and stable returns for investors through a diverse portfolio of income producing real estate assets.
Since 2008, the economy, financial markets and real estate all experienced what appears to be unprecedented turmoil. As with all such times, opportunities exist. Capital Growth has adjusted and is continuing to adjust and reformat its business model to better suit the new world of real estate.
The Capital Growth Properties portfolio is designed to include retail, medical use real estate, muli-family, office, and industrial/light industrial properties. Our master plan is to create value for our shareholders through a combination of opportunistic acquisition of existing assets, new property ground-up development and bottom line oriented management of assets. A variety of property types, geographic locations, and investment size work together to achieve multiplicity and maximize the return for our investors.
Principals of Capital Growth Properties have been involved in the development, construction, leasing, management, and ownership of commercial real estate throughout the United States.
For more information, click here.
Monica J. Schroeder
31 Inverness Center, Suite 150
Birmingham, Alabama 35242
205-991-6700, ext. 8
Capital One Multifamily Finance, formerly Beech Street Capital, is a national leader in commercial real estate finance. Through our team, you gain access to Fannie, Freddie, FHA, CMBS, as well as our balance sheet of lending programs. Chad Hagwood and his nationally recognized team of experienced deal makers delivers smoothly, quickly and with certainty.
Senior Vice President
CBRE | Advisory & Transaction Services
CBRE (NYSE:CBG), a Fortune 500 and S&P 500 company, is the world’s largest commercial real estate services and investment firm. The Company has more than 70,000 employees and serves real estate owners, investors and occupiers through 400 offices worldwide.
Every day, in markets around the state, we apply our insight, experience and resources to help clients make informed real estate decisions. Our deep experience and expertise allows us to paint a precise picture of local, national, and global commercial real estate conditions and trends. It allows us to recognize opportunities quickly and take advantage of them.
CBRE’s Birmingham office provides an unprecedented platform of commercial real estate services to the market. Our professionals deliver local market expertise and leverage CBRE’s vast service lines to provide comprehensive, integrated real estate solutions including Advisory & Transaction Services, Asset Services, Global Workplace Solutions, Capital Markets, Valuation & Advisory Services, and more, across the state of Alabama.
For more information, visit their website: www.cbre.com.
310 Bridge St. Suite 610
Marshanne Castro is General Manager for Corporate Office Properties Trust (COPT). She is responsible for overseeing the day to day operation and financial performance of COPT’s portfolio in Huntsville, Alabama consisting of the 468-acre master planned, mixed-use EUL project known as Redstone Gateway located at Redstone Arsenal , as well as the Class-A Office building located at 310 The Bridge Street. The overall portfolio currently consists of over 650,000 square feet of Class-A office and retail space.
Marshanne has more than 20 years of real estate experience and has a proven record of leadership, problem solving, property management, business development, construction management, forecasting and financial planning.
Marshanne previously held the position of Vice President, Business Development and Retail for Graham & Company. She earned The Certified Property Management designation from the Institute of Real Estate Management in 2004.
She is a member of the Institute of Real Estate Management; and serves as the President of the Board of IFMA North Alabama and is a member of the Board of Directors for BOMA North Alabama, and the local unit board of Sparkman Homes Boys & Girls Club. She has served as Vice Chairman of the Boys & Girls Clubs of North Alabama Board of Directors, the State of Alabama Alliance Board for Boys & Girls Clubs, At Large Committee Chair for Women In Defense Tennessee Valley and is a founding member of 100+ Women Who Care of Madison County. She currently is serving a two year term on the ACRE Advisory Board of Trustees.
3104 Blue Lake Drive, Suite 200
Vestavia, AL 35243
Since 1964, Daniel has been a leader in the commercial and residential real estate industries, as well as the larger business community. Loyalty to opportunistic, progressive thinking and a solid work ethic distinguished Daniel early on and set in motion its rich history of real estate development, investment and service.
Beyond its own success, the fruit of the Daniel Corporation legacy is realized in the form of vibrant workplaces, innovative and fertile communities, strengthened local economies and peripheral investment opportunities.
Since its inception, Daniel Corporation has developed or acquired more than:
• 9 million square feet of office space
• 8,000 multifamily residences
• 2,000 senior living residences
• 10,000 residential home sites
• 11,000 acres of land for office parks and master-planned communities
The development projects undertaken by Daniel over the years have introduced new approaches to community working and living and have pioneered innovative development practices. One of Daniel’s hallmarks is its ability and willingness to undertake complex and demanding projects in a wide variety of product types, including mixed-use, office, retail, hospitality, golf, resort, medical and both multi-family and single-family residential.
For more information about Daniel Communities, click here.
Vice President - Office Leasing & Sales
505 20th Street N, Suite 1000
Birmingham, AL 35203
Daniel Corporation is a Class “A” full service real estate company headquartered in Birmingham, Alabama, with a regional office in Atlanta, Georgia. The company has a history of creating legacy projects through its ability and willingness to undertake complex and demanding developments across a wide variety of product types.
Over Daniel’s 50 year history, Daniel has developed or acquired:
-10.9 million square feet of office and retail
-12,000 multifamily and urban residential units
-1,300 hotel rooms
-19,400 senior living residencies and residential lots
-26,000 acres of master planned development land
Our opportunistic investment strategies have created a legacy of attracting institutional capital and debt relationships across a diversity of historically successful projects.
2100 3rd Ave N, Suite 700
Birmingham, Alabama 35203
As a member of the Cushman & Wakefield Alliance, EGS Commercial Real Estate can provide nationwide and international coverage for brokerage and other real estate services, so clients can do business in other markets while continuing to work with us, the local company they know and trust. In 2012, our team members handled in excess of $130 million in transactions, as well as a management and leasing portfolio of 6.1 million square feet of commercial property.
Senior Vice President/Regional Manager
2200 Lakeshore Drive, Suite 275
Birmingham, AL 35209
Grandbridge Real Estate Capital LLC, based in Charlotte, N.C., is one of the nation’s largest full-service commercial real estate finance firms. With offices located throughout the country, Grandbridge services a growing multi-billion dollar loan portfolio and provides financing as well as consulting and advisory services for all types of commercial and multifamily real estate on a national basis.
National Scope and Local Expertise
Grandbridge’s origination platform is comprised of 200+ highly experienced professionals located across the country. We stand apart from other financial service firms in that we believe that local market expertise, an excellent understanding of the various property types, and in-depth information on the national commercial real estate environment enables us to provide superior capital solutions for our clients.
For current news of Grandbridge, click here.
Harbert Realty Services was established in 1981 as the domestic real estate subsidiary of Harbert Management Corporation, one of the region’s largest, most successful, privately-held, second-generation investment firms. Harbert’s origin was to serve the real estate holdings of our parent company, but quickly evolved to serve others. Accordingly, we understand property ownership, think like owners and have a full understanding of an owner’s perspective. HRS’ continued growth is solely predicated on the continued success and growth of our clients and partners nationally, regionally and locally.
At HRS, we offer our clients expertise in a full range of commercial real estate services, honed over 33 years of property ownership, development, management and corporate real estate services. As a majority owned subsidiary of Harbert Management Corporation, we have the strength and flexibility afforded by our parent company’s more than $2.9 billion in combined assets under management and 12 offices worldwide. Our mix of experience, resources and reach allows us to offer clients one of the most comprehensive arrays of customized services in the commercial real estate industry.
Director of Business Development, Commercial
Two Metroplex Drive, Suite 400
Birmingham, AL 35209
Hoar Construction is a group of people passionate about making a positive difference in their communities and industry. For more than 75 years, they have been on a continual mission to build better - a mission that has made them an industry leader in the services they provide: General Construction, Construction Management, Design/Build and Program Management.
To learn more about Hoar Construction, visit their website.
Senior Managing Director | Southeast Regional Manager
2700 Corporate Drive, Suite 200
Birmingham, AL 35242
Hunt Real Estate Capital focuses on financing commercial real estate nationwide. We provide non-recourse direct lending and arrange financing for most types of commercial properties in all 50 states.
Hunt Real Estate Capital works with hundreds of direct borrowers, property owners, privately and publicly owned real estate firms, developers, nonprofit housing organizations, and public housing authorities to provide advice and creative financing for their commercial properties. We draw on our long-term strategic relationships with government sponsored enterprises (GSEs) – Fannie Mae, Freddie Mac, and the Federal Housing Administration (FHA) – to develop customized financing for every real estate client. When a client is interested in an alternative to GSE financing, we are able to offer proprietary permanent and/or bridge financing for most commercial real estate assets. Hunt Real Estate Capital finances both individual assets and entire portfolios, nationwide.
Hunt Real Estate Capital’s continued success is built on enduring values: integrity in all that we do and respect for all with whom we work.
To learn more about Hunt Real Estate Capital, please visit their website.
2660 EastChase Lane, Suite 100
Montgomery, Alabama 36117
(334) 260 2500
Jim Wilson & Associates is a real estate services and management company with over three decades of experience. The company has developed Class-A office buildings, condominiums, hotels, mixed-use facilities, master-planned residential communities and business parks, and over 22 million square feet of shopping space. With the knowledge and experience necessary to move property through every phase - from acquisition to leasing to grand opening and successful day-to-day operations - Jim Wilson & Associates knows how to turn real estate into real success. The company has developed Class-A office buildings, condominiums, hotels, mixed-use facilities, master-planned residential communities and business parks, and over 22 million square feet of shopping space. With the knowledge and experience necessary to move property through every phase - from acquisition to leasing to grand opening and successful day-to-day operations - Jim Wilson & Associates knows how to turn real estate into real success.
For company news on the website, click here.
MidSouth Division Manager
2050 Parkway Office Circle Hoover, Al 35244
Regus is the global workplace provider.
Its network of more than 1,700 business centers in 100 countries provides convenient, high-quality, fully serviced spaces for people to work, whether for a few minutes or a few years. Companies like Google, Toshiba and GlaxoSmithKline choose Regus so that they can work flexibly and make their businesses more successful.
The key to flexible working is convenience and so Regus is opening wherever its 1.5million members want support – city centers, suburban districts, shopping centers and retail outlets, railway stations, motorway service stations and even community centers.
Founded in Brussels, Belgium, in 1989, Regus is based in Luxembourg and listed on the London Stock Exchange. For more information, please visit www.regus.com.
Rock Apartment Advisors is a Birmingham-based commercial real estate firm with an exclusive focus on apartment brokerage services throughout the Southeast. Its talented team has extensive real estate experience in the apartment sector including appraisal and consulting, brokerage, property marketing, transaction management and ownership. Since 2003, Rock has brokered over 160 apartment transactions, exceeding $1.7 Billion in total sales. In 2013 Rock closed over $180,000,000 in multifamily transactions. Rock Apartment Advisors is the pre-eminent apartment broker in the Southeast with extensive transaction experience in Alabama, Florida, Georgia, Louisiana, Mississippi and Tennessee.
Vice President of Real Estate Sales
Russell Lands On Lake Martin
2544 Willow Point Road, Alexander City, AL 35010
In 1834, Russell family settlers from England fell in love with a tract of land in central Alabama. The Russells’ love for the land continued throughout the years. Nearly 100 years ago, news came of a huge new lake that would soon create several hundred miles of shoreline within their beloved forest. The Russells could, even then, envision the recreational potential of the beautiful shoreline encompassingLake Martin and today they continue to acclaim the virtues of the 44,000 acres of deep blue water that surrounds the old Russell Forest. That place is Russell Lands On Lake Martin.
The company is one of uncommon vision, diversity and commitment to community - whose endeavors go beyond creating fine lake homes and communities. Willow Point Golf and Country Club (www.willowpoint.com), owned and operated by Russell Lands, is one of the most revered private clubs in Alabama and considered to have the “most beautiful lakeside golf course” in the country. Russell Crossroads, the new central town hub of Russell Lands On Lake Martin’s 25,000 acres of land holdings, is designed to reflect the agrarian era with period architecture of the 1920s promoting “walkability” of the town. Today, the town consists of the Discovery Center, Catherine’s Market (www.catherinesatcrossroads.com), SpringHouse restaurant (www.springhouseatcrossroads.com) and The Stables. Russell Marine (www.russellmarine.net) offers boating enthusiasts world-class sales and service through four Lake Martin locations. Russell Do-it and Home Décor Centers in nine locations make it easier for homeowners to build and personalize the homes in which they live.
In 1998, Russell Lands constructed the The Amp (Lake Martin Amphitheater) (www.lmat.org) - a unique venue for celebrating culture and the creative arts. And the company continues to serve the community through Children's Harbor - the not-for-profit organization created by Russell Lands Chairman, Ben Russell - whose mission is to strengthen children and families through a variety of programs, services and good works. For more information, go towww.RussellLandsOnLakeMartin.com.
Sirote & Permutt, P.C. is a full-service law firm with a long standing core in business, real estate, tax, and estate planning, focused on providing its clients with counsel from highly qualified, integrated teams of lawyers for projects large and small, relatively simple and deeply complex. Its 125 attorneys handle corporate and real estate transactions, business and financial services, estate planning and litigation on behalf of Fortune 500 companies, family-owned businesses and high net worth individuals. For 70 years, Sirote’s approach to service has reflected our history, philosophy and uncompromising values as well as a deep and varied understanding of our clients, their businesses and industries. Whatever the challenges of the matter presented, the audacity of the goal or the time involved, it is our commitment to be there, always.
Sirote is proud to represent clients throughout Alabama and the United States from our offices in Birmingham, Huntsville and Mobile, Alabama and Fort Lauderdale, Orlando and Pensacola, Florida, and is Alabama’s only member of the Law Firm Alliance, an international association of more than 50 law firms.
For more information, please visit www.sirote.com.
Director, External Affairs and Economic Development
445 Dexter Avenue, 5th Floor
Montgomery, Alabama 36104
Southeast Gas was formed in January of 1952 to provide natural gas service to the cities of Andalusia, Abbeville, Brundidge, Dothan, Elba, Enterprise, Eufaula, Fort Deposit, Greenville, Headland, Luverne, Opp, Ozark and Troy. Each of those cities owned, and still owns, an equal share of the gas district, and continues to be represented equally on the Southeast Gas Board of Directors.
Southeast Gas now serves 30,000 residential, commercial and industrial customers in 34 communities throughout the Southeast quadrant of Alabama.
Tom J. Morse
Director- Commercial Business Development
2101 6th Avenue North
Birmingham, Alabama 35203
Alagasco has been providing reliable natural gas service in Alabama for more than 160 years. As the largest natural gas distributor in the state, Alagasco serves approximately 425,000 customers in over 200 Alabama cities, towns and communities. More than 1,000 employees work in Alagasco’s offices across the state, striving to provide excellent customer service to all of our customers every day.
In every phase of life, there is heat and there is good heat. We’re the good heat.
For more information about Alagasco, click here.
Stephen T. Hodges, CCIM
Director, Corporate CRE Banking
800 Shades Creek Parkway
Birmingham, Al 35209
P: (205) 868-4756 C: (205) 410-5280
Synovus Financial Corp. is a financial services company based in Columbus, Georgia, with approximately $32 billion in assets. Synovus provides commercial and retail banking, investment, and mortgage services through 249 branches in Georgia, Alabama, South Carolina, Florida, and Tennessee. Synovus Bank, a wholly owned subsidiary of Synovus, was recognized as America's Most Reputable Bank by American Banker and the Reputation Institute in 2017, and was named “Best Regional Bank, Southeast” by MONEY Magazine for 2016-17. Synovus is on the web at synovus.com, on Twitter @synovus, and on LinkedIn athttp://linkedin.com/company/synovus.