Marty Schmitt named AG|CM President

Houston, TX – AG|CM is pleased to announce that Marty Schmitt has been named President, effective Jan 1, 2022. Schmitt is replacing the current AG|CM President and founder, Derwood Anderson. Mr. Anderson will serve as Chief Executive Officer.

Mr. Schmitt has been with the company for 15 years, previously serving as Chief Operations Officer, and Vice President of the East Region. He joined the company in 2007 as a project manager in the headquarters’ office in Corpus Christi. In his early years with AG|CM, Mr. Schmitt managed several large projects for the Texas A&M System, as well as part of the team managing a capital improvements program for the City of Corpus Christi. He relocated to Houston in 2014 to assist the opening of the East Texas office. Since that time, AG|CM has grown to five regional offices in Corpus Christi, Austin, Houston, Dallas, and San Antonio.

I am excited about serving as President and the future outlook for AG|CM,” said Mr. Schmitt. “Our incredible growth over the last 5 years, even during the pandemic, is all due to our amazing employees and loyal clients.

Mr. Schmitt has over 23 years of construction industry experience, starting his career in Boston, MA. Starting as an intern and later as a full-time employee, he worked on one of the largest heavy civil projects in the United States, “The Big Dig.” In 2002, Mr. Schmitt was transferred to Corpus Christi, TX.

Nancy Hawkins, Board Member at Collin County Business Alliance

Announcing Nancy Hawkins as a new Collin County Business Alliance board member. Nancy has spent over 13 years in Thomson Reuters’ Product Management & Editorial teams, serving both legal and tax professional customers. Currently, she is Vice President, Product Management, leading Thomson Reuters’ tax & accounting research platforms and its suite of compliance research products. Prior to joining Thomson Reuters, Nancy was a partner in the antitrust & competition group at a global, large law firm.

Seldaco names Tyler McCarty as President

FORT WORTH, Texas – Russ Garrison, Chair / CEO of SEDALCO, INC., a Fort Worth based general contractor, announced today Tyler McCarty’s promotion to President of the company.

“Tyler has been a key part of our success, and we are excited to promote him to this important position,” said Garrison. McCarty joined the company in 2008 as a Project Engineer and quickly rose to several supervisory and management positions during his career at SEDALCO. His focus during the past several years has been on our Marketing and Business Development efforts, in which he has excelled. “He has had a key role in the development and implementation of our strategic plan initiatives and has had a tremendous impact on us achieving our company objectives. His new role will continue to enhance our ability to meet, and exceed, our clients’ expectations.” said Garrison.

Marc Perilloux named President and COO of OSC

O’Donnell/Snider Construction (OSC) is proud to announce Marc Perilloux’s promotion to President and Chief Operating Officer. Marc has been a valued member of the OSC team for over 12 years, becoming a partner in 2015 and assuming the role of COO in 2020.

“As we continue to grow and develop our presence in the markets we serve, Marc’s role as a leader of our firm continues to expand. We look forward to his continued impact and contribution to our success,” commented Trey Snider.

Trey Snider and Randy O’Donnell, the founders of OSC, will continue their role as Chairmen. Trey also serves as CEO.

Marc stated, “I am grateful and excited for the opportunity to serve as President and COO of OSC.  Our firm’s success and growth over the last 34 years have resulted from genuine relationships with our trusted partners in real estate, design, and construction.  We have a tremendous team of dedicated employees, all focused on delivering the best construction experience for our project stakeholders. I am excited for OSC’s continued growth as we expand our service offerings in the greater Houston market.”

MLSA Ventures forms new parent company: Escalera Capital, integrating its businesses in unified vision for innovation and impact

 San Antonio, TX Escalera Capital, the newly restructured evolution of MLSA Ventures, is an investment company with a unique, vertically integrated ecosystem from three operating subsidiaries: Presidian Hospitality, Source Strategies and Mulberry Realty Partners. With the successful raise and ongoing deployment of Fund 1 as a proof of concept and preparations underway for the launch of Fund 2, Escalera Capital is doubling down on its mission to deliver extraordinary outcomes to investors and communities. “Our transformation into Escalera Capital represents the next chapter of growth,” said Bobby Magee, Managing Partner. “We know this integrated model is not just about efficiency—it’s about creating a seamless pipeline of opportunities that we can scale with each fund.” Vertically Integrated to Maximize Value Creation Escalera Capital’s unique structure sets it apart in the private equity landscape. By uniting its operating companies under a shared vision, the firm benefits from synergy across capital formation, acquisition, development and management. The firm’s data-driven approach, coupled with its extensive acquisitions and operational, ensures that each fund builds on the success of the last, creating a cycle of growth that benefits investors, partners, and communities alike. This integrated approach positions Escalera Capital to adapt swiftly to market opportunities. “The creation of Escalera Capital marks a significant milestone and a natural progression,” said Charles Leddy, Managing Partner. “Bobby and I were originally investment bankers, so we are naturally looking at the real estate industry with innovative investment and execution strategies in mind. With our experienced leadership team, dedicated associates, innovative investment approaches and purpose-driven mindset, the future is bright for Escalera Capital.” 

With more than 800 employees and $400 million in assets under management, Escalera Capital’s organizational structure integrates four main subsidiaries: 

Presidian Hospitality is known for its award-winning hotels across Texas andColorado, as well as its unique hands-on, purpose-driven approach to develop,acquire and operate experiential hotel properties.

50 years ago, Source Strategies began as a small pen-and-paper research provider.Today, it is a digital and dynamic powerhouse in Texas, holding roughly a 50% marketshare for hotel feasibility studies in the state. Recently, it launched its first digitalproduct, offering valuable real-time data to hospitality industry stakeholders.

Mulberry Realty Partners is an asset class-agnostic commercial propertymanagement company that vertically integrates across industrial, retail, and otherasset classes. Through Mulberry Realty Partners, Escalera Capital can maintainoperational control, drive efficiencies and enhance value creation across a diverseportfolio of properties.

Formerly known as Presidian Cares, the Escalera Foundation is a nonprofitorganization focused on serving both Escalera Capital associates and the broaderSan Antonio community through health equity and early adult education. EscaleraFoundation is a driving force behind Hope Lodge San Antonio, which will providehousing and resources to cancer patients and their caregiver who come to SanAntonio for treatment in the San Antonio Medical Center.

Escalera Capital has more than a 25% internal rate of return on its diverse investment strategies executed over the past several years. Examples of recent and ongoing projects with transformational outcomes include: 

  • The Assembly Hall at La Villita: sits at the heart of San Antonio’s past, present andfuture. Designed by the legendary O’Neil Ford, La Villita Assembly Hall is renownedfor its architectural ingenuity, featuring an inverted dome roof and “bicycle-wheel”design—Texas’s first of its kind. In mid-2025, Escalera Capital will begin thoughtfulrenovations on the 44,993-square-foot, bilevel venue to create a new experientialdestination on the San Antonio River Walk that will also serve as a welcoming drawinto La Villita Historic Village and Hemisfair Civic Park.
  • Estancia del Norte at the San Antonio Airport was once a prominent San Antoniohotel, the La Mansion Del Norte, that lost much of its former charm through brandchanges and a build-up of deferred maintenance. Estancia del Norte is now
  • and a beloved local event venue in the heart of the airport market. 
  • The Springs Resort and Spa: is a geological marvel known for its hot springs on theSan Juan River in Pagosa Springs, Colorado. The resort is now recognized annuallyas the top geothermal wellness resort in the United States.

Salt Lick at The Sycamore: the first phase of a 121-acre project at Highway 290 andLuckenbach in the Texas Wine Country will break ground in early 2025. Thisexperiential retail development will establish a new destination in the Texas HillCountry, where visitors experience Texas through great food, beverage, music andauthentically Texas retailers.

“We are excited to move into this next horizon of growth as Escalera Capital,” said Leddy. “I am incredibly thankful for the hard work that our team has put in to reach this milestone. I am confident that we have many more impactful projects ahead of us that will benefit our San Antonio and Central Texas communities for generations to come.” About Escalera Capital Escalera Capital is a Texas-based private equity firm dedicated to Innovation, Integration, and Impact. With over 800 employees and $400 million in assets under management, the firm operates as a vertically integrated investment platform, combining operational expertise with fund innovation to deliver exceptional value. Through its subsidiaries—Presidian Hospitality, Source Strategies, 

TCC announces 2025 Principal promotions for U.S. business

Dallas, TX Trammell Crow Company (TCC), a global real estate developer, is pleased to announce the following promotions, effective January 1, 2025:

Managing Director

Matt Hill (TCC Capital Markets) has been promoted to Managing Director. He joined the firm’s portfolio management team in 2006 and was promoted to Principal in 2007. As Managing Director, Matt will continue to lead the firm’s U.S. debt business, which he has done for the last 12 years. He has negotiated billions in construction loans and has grown the company’s loan commitments from approximately $2.9 billion in 2017 to around $7 billion today.

Jake Marks (TCC Dallas-Fort Worth) has been promoted to Managing Director. Jake joined TCC 24 years ago and is responsible for the origination, financing, joint venture structuring, and execution of its industrial investments throughout North Texas. Under his direct leadership, TCC’s Dallas-Fort Worth industrial team has generated approximately $159 million of revenue for TCC over the past five years. Jake has also enabled the team to complete 25 buildings totaling approximately 13.5 million square feet in the last 10 years, with another 5.6 million sq. ft. in process.

Principal

Kevin Hickman (TCC Dallas-Fort Worth) has been promoted to Principal. Kevin joined TCC as a Senior Vice President in 2022 with more than 15 years of industry experience. He plays a critical role in leading and growing High Street Residential’s (HSR), TCC’s residential subsidiary, development business throughout North Texas. Over the last three years, Kevin’s strong relationships with new and existing capital partners have assisted the HSR team in securing three prime development sites across the Metroplex. Under his leadership, the team has increased its local pipeline to over 6,000 residential units and is poised to start construction of more than 2,000 residential units over the next 12 months.