Mike B. Kennedy

About Mike B. Kennedy

Seasoned real estate executive with 20+ years of experience leading land advisory and capital markets transactions across Texas and national markets.Proven track record in land acquisitions, dispositions, and investment structuring—executing over $300M in transactions. Deep expertise in land entitlement strategies, institutional capital raising, and unlocking value through market-driven site selection.Trusted by developers, family offices, and institutional partners to align capital with high-quality land and redevelopment opportunities. Recognized for leveraging market intelligence and creative structuring to drive superior returns.Former architectural principal at BOKA Powell, bringing a unique advantage in site planning, mixed-use redevelopment, and urban market analysis.Specialties: Land Strategy | Capital Markets | Site Acquisition and Disposition | Entitlements | Development Advisory | Institutional Partnerships | Data Center & Powered Sites• Expertise in underwriting, land analysis and market research.for multifamily, industrial, single-family rental, residential, and data center development.• Investment Sales & Financing: Debt, equity, and mezzanine.• Industrial & Multifamily: Brokerage and development strategies.• Data Center and Powered Site Strategies.• Public-Private Partnerships Advises industrial, hotel and multifamily clients on public-private partnerships, PFC incentives. Key Transactions:• Brokered the sale of Collin Creek Mall in Plano, Texas, creating mixed-use redevelopment concepts.• Debt and equity financing for the $90M Marriott Dallas Allen Hotel and Convention Center.• Market Leader for the strategic sale of retail properties and development parcels at The Gate Development in Frisco, Texas.• Led the relocation strategy for FCG, a KKR Company, to their new 102,400 SF Headquarters in Charlotte, NC. • Represented seller on the $20M+ Turtle Creek Dallas property, to be developed as a 20-story residential tower. Worked with architects to create development scenarios that yielded top-of-market pricing.• Brokered the sale of 1,500 acres of industrial, multifamily, residential, and mixed-use development parcels in Austin, Dallas, and Frisco, Texas.Mike is also a Development Partner and Investor with Altera, acquiring medical office properties across the U.S. and developing projects including the Marriott Dallas Allen Hotel and Convention Center. https://tinyurl.com/4mc5y2pj

Experience

1. Development Principal and Investor

   Altera Development

   Jun 2013 — Present · Dallas, TX, US

   As a Real Estate Development Advisor and Investor with Altera, Mike works with the team to identify, evaluate and execute acquisitions and developments strategies that provide exceptional returns to investors. Recent activity:Led the Development, Capital Raise and Public Private Partnership Negotiations on the 300 key Delta by Marriott Hotel and Watters Creek Convention Center in Allen, Texas. Includes sf of meeting and convention space, Stampede 66 by Stephan Pyles car parking structure. Opened January 2019. Winner, Best Hospitality Real Estate Development Deal, Dallas Business Journal.Finalist, 2018 D CEO Real Estate Awards, Best Public Private Project, Marriott Delta Hotel & Convention Center.Watters Creek North Office Development, with sf of Class A office space connected to our Marriott Delta Hotel. Now pre-leasing. in 2002, Altera\'s broad experience in creating, financing and developing market beating real estate solutions gives our clients and our investment partners an advantage in the marketplace. Today, we manage and develop properties in select markets across the United States, with integrity and value as our guiding principles. Our capabilities include:* Build To Suit Finance and Development* Retail, Industrial, Hotel, Office and Medical Development* Workplace Strategies* Real Estate

Education

• Champion School of Real Estate

  Real Estate

• The University of Texas at Arlington

  Bachelor of Science, Architecture

• University of Virginia

  Masters in American Urbanism, Design, Urban Redevelopment, Real Estate Strategies