Commentary

As real estate managers continue building portfolios, there is still plenty of liquidity in the market, making real estate transactions an even more attractive option. We continue to see plenty of capacity of both equity and debt in the market, providing an opportunity to take advantage of attractive deals more quickly and more easily than in years past.

We cannot overstate the importance of robust neighborhood schools. Intrinsically, everyone knows this is true, with local impacts and nationwide studies that underscore the extent to which the benefits extend to all of us. Yet what is often not as well understood is the growth of downtown into a true neighborhood.

It’s not easy, and it won’t always be fun, but hard work certainly pays off and the rewards are well worth the early rejections.

In light of the discussion surrounding the proposed bond issuance in the Highland Park Independent School District, I am writing to set forth a tangible alternative plan—call it the Alternate Plan—which builds upon the excellent work and recommendations of the Facilities Advisory Committee (FAC).

My decision had nothing to do with taxes, with the lack of quality public schools, the anti-business climate, traffic, gang violence, or wackos in Sacramento. My motivation was something altogether different.