Michael Kennedy is a Principal of Avison Young specializing in brokerage, capital markets and development strategies.  Michael analyzes each real estate and development opportunity from the perspective of buyers, sellers and lenders in order to create strategies that optimize property value and return on investment.

Areas of Expertise:

• Land brokerage
• Investment sales and portfolio sales
• Capital raise: debt, equity and mezzanine financings
• Transaction management, due diligence, financial analysis
• Redevelopment strategies for retail mall and mixed use properties
• Negotiation of public-private partnership (PPP) incentives for hotel and conference center projects
• Development sponsorship
• Hotel brand evaluation and negotiation

Recent Activity:

• $55M debt origination for new development
• $8M equity raised for new development
• Buyer and seller brokerage transactions on large development parcels in Dallas and Austin
• Masterplanning, underwriting, rezoning process and brokerage for a 1M SF retail mall property
• Capital raised for a 290-unit multifamily project

“Brokerage Plus” Strategies:

• Representing property owners who are interested in development planning and disposition strategies that enhance market value and velocity
• Partnering with property owners and investors to finance and develop hotel, office and multifamily projects
• Aligning with investors to acquire existing office and medical office properties for renovation, repositioning and disposition

Prior to joining Avison Young, Michael led office, hotel, multifamily and student housing planning teams, creating relocation and expansion strategies for corporate office, banking and law firm clients in Dallas, Austin, Washington D.C., Chicago and London.  He is a frequent contributor to ICSC RECON, NAIOP, Urban Land Institute, TREC, Dallas Regional Chamber and The Lodging Conference.

Credentials

EDUCATION

• University of Virginia, Masters in American Urbanism
• University of Texas, Arlington, Bachelor of Science, Architecture

AFFILIATIONS

• Urban Land Institute
• NAIOP
• Dallas Regional Chamber
• The Lodging Conference

Client List

• Fineline Bass Interests
• Caddo Holdings
• Choice Hotels
• PNC Midland
• Encore Development
• Xerox
• Northern Trust
• Chase
• City of Allen, Texas
• Hilton Hotels
• Progressive Insurance
• Neil Richards Group
• Cawley Partners
• Cielo Properties
• EFO Holdings
• RJM Development
• Wood Partners
• Microsoft
• Omnitracs
• Rosewood
• Hillwood
• Brinks
• Lanyon
• Daimler
• Wells Fargo

Michael Kennedy is currently working with Fineline Bass Interests, developers of Sundance Square Fort Worth, on the phasing, development strategy and disposition of office and retail parcels at the Champions Circle Mixed Use Development in North Fort Worth. For more information, visit www.championscircledevelopment.com.