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COLORADO REAL ESTATE JOURNAL
— December 16, 2015-January 5, 2016
Cal Fulenwider
President
LC Fulenwider Inc.
Patrick H. Hamill
CEO and chairman
Oakwood Homes LLC
Mark G. Falcone
CEO/founder
Continuum Partners
Harry H. Frampton, III
Chairman and founding partner
East West Partners
Years in the industry:
42
Birthplace:
Denver
Education:
University of Colorado
Professional affiliations/charities:
ULI, NAIOP,
CU Real Estate Center, Children’s Hospital Colorado, St.
Joseph Hospital, St. John’s Cathedral
What advice would you give someone starting
in commercial real estate today?
Avoid the
temptation of the short-term deal that will haunt you in
the future.
What professional accomplishment or
achievement are you most proud of and why?
I’m proud of every project that we have
done, but I am particularly proud of Reunion, a 3,000-plus-acre master-planned community that
we’re doing with Shea Homes as the master developer because it sets the stage for the type of
development that should occur around Denver International Airport.
What changes do you foresee for Colorado real estate in the next 10 years?
Technology and sustainability will change things dramatically.
What was your first job?
Working on a farm
What projects are you currently working on or planning?
We are working on Peña
Station, a mixed-use, smart, sustainable, healthy transit-oriented development at the front door of
DIA that is being anchored by Panasonic Enterprise Solutions’ North American Headquarters. This
project will completely change the perception and image of the northeast quadrant.
What are your rules to live by in business?
In the end, the only thing that matters is your
reputation.
Family:
Three children – Chris, 37, Blake, 34, and Dana, 30
Hobbies/interests:
Golf and being in the mountains
Years in the industry:
36
Birthplace:
Michigan
Education:
B.S.B.A., University of Denver, 1981
Professional affiliations/charities:
First Tee of
Green Valley Ranch, Boys & Girls Clubs of Metro Denver,
Colorado Concern
What advice would you give someone starting
in commercial real estate today?
Buy young and
hope you live a long life.
What professional accomplishment or
achievement are you most proud of and why?
• Corporate Citizen of the Year 2015
• Surviving multiple real estate recessions
What changes do you foresee for Colorado real estate in the next 10 years?
We will
solve the construction defects issue for multifamily housing, “Yea.”
What was your first job?
Assistant superintendent
What projects are you currently working on or planning?
Green Valley, Thompson River
Ranch, Erie Highlands, Harvest Junction, Longmont and many, many more
What are your rules to live by in business?
1) Offer great value
2) Empower people to do their jobs and provide tools to succeed
3) Keep focused on the vision, but never lose site of the details
4) Hire slowly, fire quickly
5) Be part of the community in which you serve
6) Create a healthy work environment
7) Look public – act private – have fun
Who is the person you most admire?
Dan Ritchie
Family:
Oakwood Associates, Chocen Family
Hobbies/interests:
Skiing, golf, running, community
Favorite book or TV show:
“Essentialism: The Disciplined Pursuit of Less” by Greg McKeown
Years in the industry:
25
Birthplace:
Syracuse, New York
Education:
Bachelor’s degree
Professional affiliations/charities:
Bonfils Stanton
Foundation, Biennial of the Americas, MCA|Denver, Colgate
University and the Nature Conservancy
What advice would you give someone starting in
commercial real estate today?
Be ready to take the
long road. Unlike many tech businesses where one really
good algorithm can capture a significant amount of value,
nothing shortcuts experience in this industry.
What professional accomplishment or achievement are you most proud of and why?
Our
role along with East West as the master developer of the Union Station transportation center. Few cities
have the opportunity to even consider an infrastructure project of that magnitude right in the heart of their
city. The opportunity to actually lead an effort like that will not likely come along again in my career.
What changes do you foresee for Colorado real estate in the next 10 years?
Colorado and
Denver in particular have several decades of good news ahead of them. Our region has continually made
the right decisions about investing in the infrastructures necessary to support our quality of life and the
growth and dynamism of our economy.
What was your first job?
My first job out of college was as a building manager for the Rouse Co. in
the Baltimore/Washington region.
What projects are you currently working on or planning?
Block A at Union Station, 9+CO
($450 million redevelopment of the former University Hospital site on Colorado Boulevard), Market Station,
Belmar Hyatt House and others.
What are your rules to live by in business?
Whatever product or service you are delivering should
make the world a better place. If not it is a pretty short-lived business model and probably not much fun
either.
Who is the person you most admire?
Teddy Roosevelt is among my favorite historical figures. He
was a courageous thinker and had the leadership capability to deliver on his vision.
Family:
Ellen Bruss, wife, children Sonya Falcone and Luke Falcone
Hobbies/interests:
Skiing, art, food
Favorite book or TV show:
TV show: “Deadwood”; Book: “Sand County Almanac”
Years in the industry:
48
Birthplace:
Hartsville, South Carolina
Education:
Clemson University
Professional affiliations/charities:
Former chair of
Urban Land Institute; chairman, Vail Valley Foundation
What advice would you give someone starting
in commercial real estate today?
Start in sales
What professional accomplishment or
achievement are you most proud of and why?
Two Urban Land Institute Awards for Excellence; one
Urban Land Institute Global Award for Excellence
What changes do you foresee for Colorado real estate in the next 10 years?
Increased friction over growth, due to continuing transportation congestion
What was your first job?
High school algebra teacher and basketball coach
What projects are you currently working on or planning?
Redevelopment of Mauna Kea
Resort on the Big Island of Hawaii
What are your rules to live by in business?
Do the right thing for the long term.
Who is the person you most admire?
My spouse, Susan Frampton – Married 48 years
Family:
Chris Frampton, managing partner East West Partners in Denver; and Matthew
Frampton, marketing manager Pitchfork Media in New York City
Hobbies/interests:
Skiing, golfing, biking, Denver Broncos and Clemson Tigers
Favorite book or TV show:
“The Magic of Thinking Big” by David Schwartz
