Leading Voices in Real Estate Michael Levy | CEO of Crow Holdings
9 snips
Apr 7, 2025 Michael Levy, CEO of Crow Holdings, shares insights from a legacy rooted in the Trammell Crow real estate businesses. He discusses how Dallas transformed its architectural landscape, balancing history with modern needs. Levy highlights the importance of community and intellectual engagement in shaping their new office campus. He reflects on moving from Wall Street to family values, fostering a collaborative culture, and strategic investments, especially in renewable energy and sustainable developments amidst changing economic climates.
AI Snips
Chapters
Transcript
Episode notes
Old Parkland's History
- Crow Holdings' headquarters resides in the historic Old Parkland Hospital campus, reflecting Harlan Crow's vision.
- This campus fosters a unique office community centered around American history, tradition, and intellectual discourse.
Trammell Crow's Partnership Model
- Trammell Crow's partnership model revolutionized real estate by partnering with enterprising individuals.
- This model offered financing through established bank relationships, splitting profits 50/50 and fostering entrepreneurial growth.
Navigating the S&L Crisis
- The 1986 Tax Reform Act significantly impacted the real estate business, especially Trammell Crow Company, due to personal recourse loans.
- Harlan Crow led the restructuring of numerous partnerships to navigate the crisis and avoid bankruptcy.