UA Hosts Forum on Real Estate Industry Since 2011 Tornadoes

UA Hosts Forum on Real Estate Industry Since 2011 TornadoesEditor’s Note: 

TUSCALOOSA, Alabama – On April 30 a panel of experts, government officials and industry leaders will address key local issues rooted in the real estate sector, with a dedicated discussion of the evolution of Tuscaloosa’s overall residential market since the tornado outbreak in April 2011.

The 2021 West Alabama Real Estate Leadership Forum begins at 8:15 a.m. Friday in the Cypress Inn Pavilion in Tuscaloosa. Attendees include government officials and representatives, real estate brokers and industry stakeholders. The forum will have a special focus on workforce housing and industry diversity.

WARE is hosted by the Alabama Center for Real Estate at UA in partnership with the West Alabama Chamber of Commerce and with additional sponsors of The Nine, Bryant Bank, Capitol Park Title, National Association of Real Estate Brokers, C-Spire and ACRE Alabama Cabinet members.

Stuart Norton, a data analyst with ACRE, will present a reflection and outlook of the real estate industry since a devasting outbreak of 107 tornadoes over two separate days in April 2011, including a violent tornado that struck Tuscaloosa County on April 27, 2011. Norton’s presentation will also offer insights into the potential for residential growth, as well as benchmark Tuscaloosa against other similar markets.

The forum will feature three sessions including two panel discussions. The agenda includes:

7:30 – 8:15 a.m. – Registration and breakfast

8:15 – 8:30 a.m. – Welcome

  • Grayson Glaze, Executive Director, ACRE
  • Dr. Kay Palan, Dean, Culverhouse College of Business,
  • Jim Page, President & CEO, The Chamber of Commerce of West Alabama
  • Walt Maddox, Mayor, City of Tuscaloosa
  • Wes York, 2021 President, Tuscaloosa Association of REALTORS                            

8:30 – 9:20 a.m. – Real estate 10-Year reflection and outlook

  • Stuart Norton, Data Analytics Coordinator, ACRE

9:20 – 9:30 a.m. – Break

9:30 – 10:20 a.m. – Workforce housing: West Alabama’s greatest short term challenge (panel discussion)

  • Mark Sullivan, Executive Vice President, Bryant Bank (moderator)
  • Brock Corder, President, The Builders Group
  • Rick Clementz, General Counsel/Chief of Staff, Mercedes-Benz U.S. International, Inc.
  • Danielle Winningham, Executive Director, Tuscaloosa County Economic Development Authority

10:20 – 10:30 a.m. – Break

10:30 – 11:20 a.m. – REimagined: diversity in real estate initiative

  • Dr. James E. King Jr., Associate Dean for Diversity, Equity and Inclusion, Culverhouse College of Business
  • Cherie Moman, Director of Education, Marketing and Communication, ACRE

Diversity panel discussion

  • Dr. Debbie Phillips, President, The Quadrillion (moderator)
  • Cassandra Chandler, CCIM, CRE Broker, The Chandler Group LLC
  • Isaac McCoy, Dean, Stillman College School of Business
  • Chris Owes, CRE Tax Associate, Marvin F. Poer and Company
  • Fitzgerald Washington, Secretary of Labor, State of Alabama

11:20 – 11:30 a.m. – Closing remarks

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