Page 4B —
COLORADO REAL ESTATE JOURNAL
— December 16, 2015-January 5, 2016
Terry Considine
Chairman/CEO
Aimco
Donald P. Cook
President
DPC Development Co.
Steve Clarke
CEO
Prime West
Peter Coakley
Senior vice president and
general manager
Opus Development Company LLC
Years in the industry:
45
Birthplace:
San Diego
Education:
Harvard College, 1968; Harvard Law
School, 1971
Professional affiliations/charities:
Director,
Bradley Foundation, and director, Considine Family
Foundation
What advice would you give someone starting
in commercial real estate today?
Get started!
What professional accomplishment or
achievement are you most proud of and why?
Building teams
What changes do you foresee for Colorado real estate in the next 10 years?
More
growth and more quality development
What was your first job?
Farm chores on cattle ranch
What projects are you currently working on or planning?
Aimco: $200 million to $300
million annual spending for development/redevelopment; Considine Investment Co.: 1,772-home
PUD in California
What are your rules to live by in business?
Work hard and keep your word.
Who is the person you most admire?
Bill Armstrong
Family:
Wife, Betsy (married April 24, 1976); son, Hollis (born Oct. 27, 1980); daughter, Thailia
(born Dec. 15, 1982); daughter, Elizabeth (born Feb. 7, 1985), married to Edward Likovich on
Aug. 2, 2008; and granddaughter, Beth Likovich (born July 1, 2014)
Hobbies/interests:
Politics
Favorite book or TV show:
Broncos football
Years in the industry:
39
Birthplace:
Pennsylvania
Education:
B.A. fromHarvard University; MBA from University
of Denver
Professional affiliations/charities:
Mental HealthAmerica
of Colorado, Institute for Children’s Mental Disorders at the
Anschutz Medical Center
What advice would you give someone starting in
commercial real estate today?
Take into account that you
are probably starting at a market cycle peak
What professional accomplishment or achievement
are you most proud of and why?
Assembling a team of outstanding professionals who continue to pull
hard together after more than a quarter century
What changes do you foresee for Colorado real estate in the next 10 years?
• Short term:More retail and single-family homes and condos
• Intermediate: Probably some downside and sorting out
• Long term: Good growth almost everywhere
What was your first job?
Holding the “dumb” end of a surveyor’s measuring chain for a summer
What projects are you currently working on or planning?
Office, industrial and retail projects to
which we feel we can add value along the Colorado Front Range, in metropolitan Phoenix and along the
Wasatch Front in Utah.
What are your rules to live by in business?
Identify the good players and try to work with them.Try to
do the right thing. It’s a marathon, not a sprint.There’s always another deal.
Who is the person you most admire?
In our history: GeorgeWashington andAbraham Lincoln; in
Colorado: Dan Ritchie; and in life:my father
Family:
Married to my trophy wife, Patty, for 43 years.Three children, two grandchildren, who are all smart
enough to live in Colorado.
Hobbies/interests:
Skiing – it is what brought me to Colorado and I’ve never gotten over it. I also like to
travel. I’ve been to every state and over 70 countries. Next up, Cuba.
Favorite book or TV show:
“TheArt ofWar” by Sun Tzu (like a day at work),“GeorgeWashington,A
Biography” byWashington Irving (he actually met the man) and “Angle of Repose” byWallace Stegner (beautiful
language set here in theWest)
Years in the industry:
42
Birthplace:
Greenville, South Carolina
Education:
B.S. in business administration – The
Citadel; MBA, University of Utah
Professional affiliations/charities:
NAIOP, ULI,
Adoption Options, Colorado Children’s Chorale
What advice would you give someone starting
in commercial real estate today?
Determine the
specialty in which you want to be and commit to it for
the long term.
What professional accomplishment or achievement are you most proud of and
why?
Development of the Field House at Graland Country Day School on a pro bono basis
What changes do you foresee for Colorado real estate in the next 10 years?
More
emphasis on transit-oriented development projects, more mixed-use development and more
institutionalization of the development
What was your first job?
Cutting logs at the age of 12
What projects are you currently working on or planning?
One Belleview Station –
318,000 square feet of Class AA TOD office building
What are your rules to live by in business?
Your word is your bond.
Who is the person you most admire?
Marco Polo
Family:
Lia Clarke – wife, Ashley and Taylor – daughters, Tiana and Robert – stepchildren
Hobbies/interests:
Golf, reading and travel
Favorite book or TV show:
“Shogun;” “Lonesome Dove” and “The Vikings”
Years in the industry:
34
Birthplace:
Youngstown, Ohio
Education:
B.S. in Finance from Boston College, School of
Management
Professional affiliations/charities:
NAIOP, ULI,
CoreNet, Denver Chamber of Commerce, Downtown Denver
Partnership, Special Olympics Colorado, Denver Bike Sharing
(Denver B-Cycle), Volunteers for Outdoor Colorado, and
Public Education and Business Coalition
What advice would you give someone starting in
commercial real estate today?
Focus on what you do
better than anyone else, set goals and devise an achievable, but “stretch” business plan to achieve them;
hire people smarter than you and pay them well; and find a trusted, reliable and compatible equity partner.
What professional accomplishment or achievement are you most proud of and why?
Tw telecom lease (ParkRidge VI) was a highly complicated lease transaction, involving multiple principal
parties, in a compressed time period. It involved the integration and business alignment of all parties
(building owner, existing tenant, subtenant, new tenant, existing and new tenant’s brokers and lender).
What changes do you foresee for Colorado real estate in the next 10 years?
Increased
pressure on developers to build high-quality projects of all product types.
What was your first job?
Washing and waxing private and corporate aircraft for Beckett Aviation at
Youngstown Municipal Airport in 1967
What projects are you currently working on or planning?
The Jones District – a 1.8 million-
rentable-square-foot mixed-use project comprised of office, multifamily, retail and hotel; multiple
speculative industrial buildings; and construction of multiple Gander Mountain stores
What are your rules to live by in business?
Even when it hurts or is highly embarrassing, tell
the truth. Your reputation is your value; maintain a positive mental attitude; get involved in a nonprofit or
volunteer; maintain a work-life balance; and stay active and maintain your health.
Who is the person you most admire?
Nelson Mandela
Family:
Married to Pam, 38 years; daughter Kate (33), married to Geoff Vitt, grandson Charlie; son Chris
(30), married to Ashley Adamson; four brothers and four sisters
Hobbies/interests:
Cycling, fly-fishing, hiking, travel
Favorite book or TV show:
“Red Sky at Morning” (book) and “West Wing” (TV)
