Friday, March 18, 2016

5 Nebraskan real estate movers and shapers headed into Hall of Fame

Jerry Banks
Kent Seacrest
Dean Hokanson Sr.
John Fullenkamp
Marty Shukert

Posted: Friday, March 18, 2016 12:30 am | Updated: 12:03 pm, Fri Mar 18, 2016.
Five Nebraskans credited with helping to shape the state’s physical landscape will join the Commercial Real Estate Summit Hall of Fame.
The two attorneys, a developer, a broker and an urban planner will be honored April 8 during the 27th annual CRE Summit.
Nearly 700 participants are expected at the all-day conference, during which the real estate “Deal of the Year” and “Development of the Year” also will be recognized.

The summit’s hall of fame dates to 2003. This year’s inductees were nominated by peers and selected by a committee of brokers, lawyers, architects, developers and others in the industry. The five:

Jerry Banks, partner in NewStreet Properties, traces his real estate roots to sweeping out newly built homes for his father, a homebuilder in Glenwood, Iowa. Before turning 24, he bought a Century 21 franchise in Council Bluffs. NewStreet was formed in 1992 and today has nearly 4 million square feet of investment property in multiple states. Among the high-profile projects is a hotel and apartment complex poised to rise on two blocks formerly known as “The Yard” in Omaha’s north downtown.

John Fullenkamp, attorney at Fullenkamp, Doyle & Jobeun, has been practicing in real estate development and land use for more than 45 years. He was involved in large-scale projects including the ConAgra riverfront campus and Oak View Mall. He has assisted various municipalities in planning their growth. Other clients have varied from Creighton University and Miracle Hill Golf Course to a city trash hauler, a billboard company and a meatpacker.

Dean Hokanson Sr. has been with CBRE/Mega Real Estate since 1984 and today is executive vice president and shareholder. A nominator called him the firm’s “foundation” who has raised more than $30 million in capital for investments. Among Hokanson’s projects are the development of Shoppes at Southport West, a 15-acre site that includes Alamo Drafthouse theater, and Lakeside Hills, a 235-acre mixed-use development. Since the 1980s, Hokanson has sold more than 4,000 apartment units for $202 million.

Kent Seacrest of Seacrest & Kalkowski law firm is a fourth-generation Lincolnite who has had a role in some of that city’s biggest projects of the past two decades. Among them: Pinnacle Bank Arena and West Haymarket redevelopment; Nebraska Innovation Campus; Haymarket Park; Antelope Valley; and the Nebraska Crossing Outlet Mall in Gretna. A nominator said the lawyer champions redevelopment of older parts of the city and pushes for community participation in decision-making.

Marty Shukert of RDG Planning & Design “turned the lights back on in downtown Omaha,” his nominator said. Shukert joined the Omaha Planning Department in 1976, was elevated to direct it three years later and has spent a career supporting his hometown’s growth. Built under his leadership: Heartland of America Park, the ConAgra riverfront campus, several north Omaha housing initiatives and the city’s recreational trails system. Three previous Summit Hall of Fame recipients worked for Shukert at the planning department. He now is a principal at RDG.

Summit organizers chose Green Plains’ new headquarters move as “deal of the year,” a distinction recognizing a complex and standout transaction.

T.J. Twit, a broker representing Green Plains, said the deal was notable for readjustments that had to happen quickly. The building was under construction at Aksarben Village with a different tenant plan when Tetrad Property Group was asked to consider a change.
At that point, Green Plains had been looking nearly two years for a new site. When Tetrad gave the OK, Green Plains Chief Executive Todd Becker absorbed much information in short order, said Twit, president of World Group Commercial Real Estate. Architects, engineers, contractors and others switched gears, added parking and square footage.
As its choice for 2016 “development of the year,” the Summit picked the Blackstone District in midtown Omaha.

The commercial strip was largely rebuilt and transformed by GreenSlate Development, which later partnered on projects with Clarity Development.

Barry Zoob, a conference coordinator, said the Blackstone business district had been distressed for years when GreenSlate took a risk and redeveloped the first few properties. Momentum grew, filling retail and residential spots along the Farnam Street corridor between the University of Nebraska Medical Center and Mutual of Omaha campuses.

“You had some people willing to take a risk and be pioneers,” Zoob said.

Contact the writer: 402-444-1224, cindy.gonzalez@owh.com

CRE Summit

When: 7:30 a.m. to 5 p.m. April 8, at Omaha’s CenturyLink Center
What: Workshops to highlight housing market trends; labor shortage concerns; redevelopment tools; legal topics; options for funding real estate projects; and more
Speakers: area real estate professionals and business leaders; keynote address by Jim Abbott, retired Major League Baseball player born without a right hand
For more information: attendCRESummit.com; 402-333-3062, ext. 207