Two North Texas natives are the latest recipients of the commercial real estate industry's top award.
Bill Vanderstraten of Chief Partners LP and Scott Rollman of 42 Real Estate will be inducted into the North Texas Commercial Real Estate Hall of Fame in May.
Previous winners include iconic developer Trammell Crow and Henry S. Miller Jr., the legendary leader of the self-proclaimed brokerage firm.
Chief Partners, the real estate investment firm founded by Mr. Vanderstraten in partnership with Trevor Rees Jones and the Rees Jones family, manages approximately $1.4 billion in assets and owns more than $1.1 billion in equity. There is. His portfolio includes the land purchase Frisco's Fields, which is currently home to the PGA of America's headquarters, and the mixed-use Clearfork development in Fort Worth.
Roman has developed and developed build-to-suit projects throughout the United States. Roman made his mark in Dallas' historic Deep Ellum neighborhood with more than 55 of his parcels in the area. His area redevelopment prioritized the community's historic roots, restoring vintage buildings and incorporating his 42 murals by local artists into the rebuilding effort. Roman also manages more than 30 properties in the Cedars and Downtown areas of Dallas.
Jack Fraker, who joined Newmark last year as president and global head of industrial and logistics capital markets, will receive this year's Michael F. McCauley Lifetime Achievement Award. Mr. Fraker, who joined Newmark after nearly 20 years at CBRE, has worked in the real estate industry for more than 35 years.
