REOC San Antonio
Commercial Real Estate Since 1974   
Kim Gatley
enior Vice President & Director of Research at REOC San Antonio

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2011 CREW San Antonio Real Estate Forum

If you were one of the 450 or so attendees at today’s Real Estate Forum presented by CREW San Antonio, you heard Debi Pfitzenmaier‘s call to action to get involved in social media networking – so here’s an easy opportunity to contribute what she called “authentic communication.”  Feel free to join the discussion by adding your comments.  What  impressed you most about today’s Forum event? 

As for the venue, it’s hard to beat the JW Marriott Resort – the location, the accommodation and the meal were all great but, for me, the sound got a little lost in that huge ballroom.  Still, I appreciated the space to mix and mingle and visit the sponsor tables.  

As for the speakers, I thought Misty Mayo, Vice President of the San Antonio Economic Development Foundation did a fine job in her role as Moderator and making connections between the panel of speakers which included Steve Waters, Chair of the Real Estate Section of Haynes and Boone, LLP; Trey Jacobson, Director of Economic Development at Drenner & Golden Stuart Wolff, LLP; Joanne Connelly, President of Connelly Commercial Real Estate; and, my personal favorite, Carl Bohn, Vice President, REOC San Antonio.   

I was disappointed but not surprised to hear Steve Waters report that the Texas Enterprise Fund had essentially no money available for the next two years; in fact, the fund is slated to remain dormant or perhaps even face being abolished altogether by pending legislation.  The fund has played an important role in helping attract incoming companies such as Medtronics, Allstate, Petco and BD which have relocated new jobs to the area.  Steve also reported that eminent domain reform is expected to pass which will strengthen private property owners against abuse but the battle still continues regarding mandatory sales price disclosure.  Click for more information on real estate related issues of the 82nd Texas Legislature.

Trey Jacobson touched on several issues that impact San Antonio’s economic stability and laid out an economic case for focusing on downtown including the redevelopment of Hemisfair Park.  In addition, Trey emphasized the importance of education stating that business and industry don’t just emerge out of thin air and can’t be supported without an educated workforce. So, expect increased efforts to improve San Antonio’s lamentable high school drop-out rates.

Finally, in a tag-team effort, Joanne and Carl clearly presented the strong performance of medical real estate due, in large part, to the recession-resistant Healthcare and Bioscience industry.  Touching on legislation issues, hospital activity and development, Joanne and Carl outlined both challenges and opportunities.

Overall, another successful CREW Real Estate Forum.  What was your biggest take-away from the event?


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