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With over forty years of business acumen acquired in successful real estate and entrepreneurial endeavors, Spencer Alpert provides investors and partners a rare combination of leadership, savvy and perseverance.

Mr. Alpert holds a Doctor of Jurisprudence degree from the University of Oregon School of Law, as well as a Bachelor of Arts degree in Political Science. Over the years, Mr. Alpert has served as a guest lecturer, juror and panelist at several leading universities, including the University of Miami and John F. Kennedy School of Government at Harvard University.

Mr. Alpert's passion for acquiring and developing residential and commercial real estate began in Oregon in the 1970s where he was engaged in the private practice of law. While his law practice maintained a focus on business, finance, land use, strategic and policy planning, real estate investments soon began to occupy his time. He became involved with a number of diverse investments, including historic building rehabilitation, urban redevelopment, multi-family projects and owning and operating restaurants and a golf course.

During the 1980s, Mr. Alpert acquired an intriguing parcel of land along a new freeway 20 minutes from downtown Dallas and called it Falcon's Lair. The 1,400-acre environmentally sensitive, mixed use, master planned community evolved to become a primary enterprise for Mr. Alpert for the next 25 years and today provides a testament to Mr. Alpert's commitment, passion and due diligence. Following a series of extremely complex steps, including major entitlements such as rezoning and environmental permitting, partnering with several governmental entities and acquiring major private partners with significant financial commitments, the Falcon's Lair community has evolved into a showplace for sustainable development, harmonious living and economic success.

Other of Mr. Alpert's residential projects in the 1980s included the acquisition and renovation of oceanfront property in Golden Beach, Florida between Miami and Ft. Lauderdale as well as a property in the heart of Paris, France.

Mr. Alpert's work in the 1990s included a unique and exciting combination of major projects. In 1991, he assembled a limited partnership composed of New York investors to acquire, re-energize and successfully re-sell the prestigious Ipswich Country Club near Boston.

Starting in 1994, on behalf of a national hotel developer, Mr. Alpert spearheaded negotiations which culminated in a public/private partnership resulting in the successful development of a hotel, exhibit hall and convention center known as Hampton Inn and Suites and Rodeo Conference Center in Mesquite, Texas.

In 1997, Mr. Alpert acquired a key 3.55 acre parcel in the Uptown area of Dallas, the Arena site, adjacent to what would become known as Victory Park, home of the Dallas Mavericks and Dallas Stars. The respective team owners, Ross Perot, Jr. and Tom Hicks partnered with the city of Dallas to construct a 70-acre, $3 billion dollar mixed use development incorporating Mr. Alpert's original site.

Progress on the Falcon's Lair mixed use, master planned community continued throughout the '90s.

Complex agreements with the city of Mesquite and the Mesquite Independent School District resulted in Mr. Alpert obtaining approval for a Tax Increment Finance (TIF) zone which provided an additional $30 million of funding without raising taxes on the property owners within the development, as well as a commitment from the city to fund $10 million toward a new interchange on I-20 and over $3 million in additional project infrastructure.

Today most of the single-family land has been sold and developed, and Falcon's Lair is home to several hundred families. Master developer Hillwood, (a Perot company), as well as homebuilders D.R. Horton, Standard Pacific, Newmark and Horizon Homes participated in the Falcon's Lair Master Planned Community. These builders have been key in honoring Mr. Alpert's vision--that of an environmentally friendly "green" community, Falcon's Lair.

Turning his attention to the commercial portion of the Falcon's Lair project, Mr. Alpert then entered into an exclusive agreement with Koll Development Company, a highly regarded developer, owner and manager of large-scale business parks nationwide, which was kicked off with $55 million of municipal bond finance funding underwritten by Citigroup. Starting in late 2008, Koll will develop and market the 750-acre, eight million square foot Falcon's Lair Business Park along the thriving I-20 corridor to complete the Falcon's Lair project and the realization of Mr. Alpert's vision.

In 2006, Mr. Alpert re-established a Pacific Northwest presence and is currently pursuing several large-scale investment opportunities in the flourishing Seattle market. These include both urban and suburban ultra-green and sustainable projects which will fit well with the lifestyle and beliefs prominent not only in the northwestern United States, but worldwide.

With the company's expansion into the Seattle metro area, Alpert International added the talent and expertise of Troy Humphrey. Troy has added strength to the company's Northwest presence with his background in land development and previous experience in retailing and NBA basketball operations.  With the addition of Troy, Alpert International continues to build on their reputation for innovative, environmentally conscience and sustainable mixed use development projects.

Mr. Humphrey's passion for real estate ventures and revitalization projects combined with experience in the Puget Sound area add a unique perspective and balance to the Alpert International team.

Along with a leading green architect, builders, environmental and booster groups and city officials, Mr. Alpert has assembled a blue ribbon "Green Team" to advise him on cutting edge technology and construction techniques to achieve the ultimate mix of forward-looking sustainable development (where LEED is only the beginning) and financial feasibility for his upcoming projects.

Current endeavors in the exploratory stage include partnering with a major New York developer on an iconic high rise tower project in downtown Seattle, partnering with a major property owner in the city of Federal Way on a mixed use re-development project, and working with the city of Auburn on a downtown mixed use development.

Other Seattle-area municipalities where Mr. Alpert is actively working on public/private partnerships and other investment opportunities include (in alphabetical order) Auburn, Bellevue, Des Moines, Federal Way, Gig Harbor, Issaquah, Kent, King County, Kirkland, Renton, Sammamish, Seattle, Shoreline, Snohomish County and Tukwila.

In addition to Alpert International's own investments, the company recently began to provide project management and consulting services to outside property owners, investors and developers.  With extensive experience in complex projects, Alpert International is able to provide expertise in all phases of the land development process, including project formulation, civic representation, professional services negotiation, disposition strategies and outside financing.

In short, Alpert International is able to insure client satisfaction by providing highly personalized expert guidance and advice to maximize investment potential.

 

 
 
 

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