NTCAR REUNION AND HALL OF FAME
DALLAS COUNTRY CLUB
TUESDAY, APRIL 30, 2019
LEGENDS OF NORTH TEXAS COMMERCIAL REAL ESTATE COMMEMORATED IN THIRD EDITION OF THE BOOK – DALLAS/FORT WORTH COMMERCIAL
REAL ESTATE HALL OF FAME
Compiled into one volume, the comprehensive third edition of THE BOOK, a four-color, 288-page coffee-table tome is packed with rarely seen color photos and behind-the-scenes stories of 91 North Texas real estate icons. Also recognized are the 56 recipients of the Michael F. McAuley Lifetime Achievement Award and the Stemmons Service Award who made significant contributions to their industry and the community.
BOOK RELEASE PARTY HELD
On Wednesday, August 21, 2019 the Hall of Fame Committee celebrated the release of the Third Edition of THE BOOK, Dallas/Fort Worth Commercial Real Estate Hall of Fame.
2019 HALL OF FAME INDUCTEES
Mr. Fehmi Karahan
President and Chief Executive Officer
The Karahan Companies
Mr. Holt Lunsford
Founder and Chief Executive Officer
Holt Lunsford Commercial
Mr. Fehmi Karahan
Fehmi Karahan has been active in Dallas-Fort Worth real estate since 1981 and has served as the President and Chief Executive Officer of the Karahan Companies and its affiliated entities since its organization in 1984.
The Karahan Companies is a fully integrated group of real estate investments, development and property management with a wide range of capabilities and resources through a worldwide network of investment and strategic partners. Karahan has been involved in the development of retail, office and mixed-use projects throughout DFW, including most notably Legacy Town Center in Plano.
Fehmi is the leading master developer of the $3 Billion Legacy West Development, including the $700 million mixed-use Legacy West urban center. Legacy West is also home to major offices such as Toyota Motor North America Headquarters, Liberty Mutual, FedEx Office Headquarters, JPMorgan Chase, NTT Data US Headquarters, and Boeing Global Services Headquarters. Currently, he is a development partner with Hunt Realty of a 2,500 acre tract of land located in Frisco which will be home to the PGA Headquarters.
Karahan is a member of the Executive Board of the Cox School of Business at SMU and Executive Board Member of Circle Ten Council, Boy Scouts of America; he has also been active in the community activities of Children’s Medical Center in Plano. Karahan has been a member of the Legacy Association Board of Directors since 2004 and currently serves as Board Chairman and a member of the Legacy Design Review Board.
Karahan received his bachelor’s degree from the University of Istanbul and his MBA degree from the University of North Texas. He is fluent in Turkish, German and English.
Mr. Holt Lunsford
Holt Lunsford is Founder and Chief Executive Officer of Holt Lunsford Commercial (HLC), a commercial real estate service and investment company founded in 1993. HLC’s core lines of business include development, leasing, property management and investments in the office, industrial and multifamily sectors. They manage and lease a 70 million square foot portfolio of buildings in Dallas, Fort Worth and Houston for private and institutional owners, and have developed or acquired over 10 million square feet through their investment company, Frontier Equity.
In addition to his commercial real estate business, Holt is Founder and Chairman of Liberty Capital Bank, a Texas-based banking institution founded in 2007; Global Fulfillment Solutions, an integrated third-party logistics and fulfillment company; and City Park Construction.
Holt is a guest lecturer at Harvard Business School and Tuck School of Business at Dartmouth, teaching cases in the Harvard curriculum called “Holt Lunsford Commercial, Inc. and Shady Trail”.
Holt feels giving back of time and treasure to the community is vital and currently serves on the Board of the Baylor Health Care System Foundation and the Baylor University Medical Center. He also has served as Chairman of the Board of The Real Estate Council (TREC), a 1,200-member real estate trade organization based in Dallas, Texas.
Holt is Founder and Chairman of Paticum Foundation, a family foundation organized to help the disadvantaged and underprivileged. Non-profits they support include Rio Bravo Ministries, Dallas Leadership Foundation, Dolphin Heights Neighborhood Association, ChristianWorks for Children, First Liberty Institute, EvanTell, and East West-Ministries International.
2019 MICHAEL F. McAULEY
LIFETIME ACHIEVEMENT AWARD
Mr. Charles (Chuck) G. Dannis
National Valuation Consultants
Charles (Chuck) G. Dannis has been a real estate appraiser and consultant since 1972. In 1976, Chuck co-founded the Dallas-based firm Crosson Dannis, Inc. In 2015, the firm merged with Denver based National Valuation Consultants, Inc. to create one of the largest privately held appraisal and consulting companies in the U.S. NVC provides real estate appraisal and consultation services throughout the U.S. for many of the nation’s largest real estate lenders and owners.
Chuck holds a BBA from Southern Methodist University where he also undertook graduate studies in real estate/finance. He is a Member, Appraisal Institute (MAI, SRA). Since 1988, he has been an Adjunct Professor of Practice in Real Estate and Urban Land Economics in the Cox School of Business at SMU in both the undergraduate and graduate schools. In 2006, he received SMU’s first Eugene T. Byrne Endowed Faculty Innovation Award for his innovated classroom instruction and techniques. His students also recognized him as a HOPE Professor in 2008-2009.
Chuck taught “Income Property Finance” and "Income Property Valuation" for the Mortgage Bankers Association of America School of Mortgage Banking and is a 1996 and 1997 recipient of its “Faculty Fellow” award for teaching excellence. From 2003 to 2006, he was appointed by the Mayor to the seven member Real Estate Task Force for the City of Dallas. In 2002 and 2008, he was appointed Chairman of the Economic Review Panel for the City of Dallas’ Landmark Commission. Chuck was an independent director and former Chairman the Board of Tier REIT, a publicly traded core office company (2003-2017).
He is past Chairman of the National Council of Real Estate Investment Fiduciary’s (“NCREIF”) Valuation Committee and past Treasurer (1997-2001); in 2015, he was again elected to its Board of Directors and is the current Chair-Elect of the Board. He initiated and co-created NCREIF’s “Nuts and Bolts of Institutional Real Estate” and has taught the valuation section since its inception in 2001. A frequent lecturer, Chuck also hosted a weekly talk radio show, “The Real Estate Hour,” on the CBS Radio affiliate, KRLD, from 1992 to 2008. He has been a guest lecturer in real estate at the MBA programs at Harvard, DePaul, UT-Austin, UT-Dallas, UT-Arlington and Texas A&M.
He is Chairman Emeritus of the Dallas Marathon benefitting the Texas Scottish Rite Hospital for Children and was awarded its Victory Award For Excellence in 2011 for his service to the community. He has served on the Boards of The Folsom Institute For Real Estate, SMU/COX (Vice-Chair, Education, 2014-), The Friends of Katy Trail (2011-2016) and The June Shelton School (2013-), an internationally acclaimed school for children that learn differently.
In 2001, Chuck co-founded the SMU Cox Real Estate Society which has grown to become the largest industry alumni group on campus.
In 2008, he was awarded the prestigious Commandant of the U.S. Marine Corps Quality Citizen Award for his assistance in the Corps’ recruiting efforts in the SW United States.
In 2015, he was the first recipient of SMU’s Folsom Institute For Real Estate’s Distinguished Alumnus Award.
In 2016, he was awarded the Appraisal Institute Education Trust’s Dr. William N. Kinnard, Jr. Award for his contributions to the real estate appraisal profession and education.