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Fairmont Planning 25-Story Downtown Phoenix Tower

by CRE Development Capital | Apr 1, 2023 | Opportunity zones

Credit: Gensler/Fairmont Hotels & Resorts/Thunderbird Legacy Development) SHARE By Fairmont Hotels & Resorts Fairmont Hotels & Resorts – part of hospitality group Accor – together with Thunderbird Legacy Development, announced the signing of definitive...

Fairmont Hotels & Resorts Coming to Downtown Phoenix

by CRE Development Capital | Apr 1, 2023 | Opportunity zones

Fairmont Phoenix (Photo by Fairmont Hotels & Resorts) Fairmont Hotels & Resorts and Thunderbird Legacy Development have announced the signing of agreements for the development and management of a new Fairmont Hotel and Residences offering in Phoenix. Slated to...

New Fairmont Hotel & Residences to Open in Downtown Phoenix

by CRE Development Capital | Apr 1, 2023 | Opportunity zones

Fairmont Hotels and Resorts, together with Thunderbird Legacy Development, is expanding its brand of iconic luxury hotels to Downtown Phoenix. Scheduled to open in early 2025, the new Fairmont Hotel and Residences will offer a one-of-a-kind luxury hotel and...
Fairmont Hotel & Resorts Coming to Downtown Phoenix

Fairmont Hotel & Resorts Coming to Downtown Phoenix

by CRE Development Capital | Jun 27, 2022 | Opportunity zones

On June 21, 2022 Fairmont Hotels & Resorts, part of world leading hospitality group Accor, together with Thunderbird Legacy Development, announced the signing of definitive agreements for the development and management of a new Fairmont Hotel and Residences in...
Block 23 Sets PSF Record for Multi-Tenant Office Trades

Block 23 Sets PSF Record for Multi-Tenant Office Trades

by CRE Development Capital | Dec 12, 2021 | Opportunity zones

Block 23, a mixed-use live-work-play asset in the heart of downtown Phoenix, recently sold to City Office REIT Inc. for $150 million. The sale sets a new per square foot record in the city for multi-tenant office trades. Completed in 2019, Block 23 has 307,030 square...
Interest in opportunity zones peaks as higher rates loom

Interest in opportunity zones peaks as higher rates loom

by CRE Development Capital | Jul 29, 2021 | Opportunity zones

The real possibility of higher capital gains rates has fueled interest by investors in opportunity zone funds. While Code Section 1400Z, providing for the funds, was slipped into the Tax Cuts and Jobs Act late in the legislative process and with little fanfare, it...

Recent Posts

  • Accor’s RevPAR Growth Continues To Come In Stronger Than Anticipated
  • Fairmont Planning 25-Story Downtown Phoenix Tower
  • Fairmont Hotels & Resorts Coming to Downtown Phoenix
  • New Fairmont Hotel & Residences to Open in Downtown Phoenix
  • New 25-Story Fairmont Hotel Coming To Jackson And First Streets

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    CRE Development Capital

    We are a real estate investment firm focused on mixed use and multi-family, industrial, and storage development opportunities in the U.S., including opportunity zones.

     

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    • 11201 N Tatum Blvd, Suite 300, Phoenix, AZ 85028
    • (480) 442-2314
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    CRE Development Capital, LLC © 2025 All rights reserved.

    Lawrence Jatsek

    Managing Partner

    Lawrence has been involved in real estate investment and development for over 30 years as the CEO of a general contracting and development company which included, general contracting of complex projects and ground up development predominantly in the San Francisco Bay Area. Lawrence has also had substantial involvement on hundreds of millions worth of real estate assets, involving high-rise, commercial and residential construction projects.

    Dwight Alexander

    Managing Partner

    Mr. Alexander served 22 years as a Senior Vice President of a wholesale banking institution with over $180 billion in assets. During his banking career Mr. Alexander was responsible for representing the Bank before Congress, The White House, Treasury and banking regulators. Prior to that, Mr. Alexander spent 12 years as an investment banker and financial advisor for professional sports teams, states and local governments. Mr. Alexander specialized in the financing of stadiums, sports facilities and large transportation infrastructure. In that capacity he structured and managed the issuance of over $10 billion in debt securities. He served as lead financial advisor or lead banker on 13 stadium and arena projects including the, Tennessee Titans stadium, Oakland Coliseum (arena and stadium), Camden Yards (baseball and football), the New Boston Garden, and the Phoenix Suns arena. He also served as lead financial advisor to the Bay Area Rapid Transit District (BART) on their SFO extension project as well as other general infrastructure and housing projects. Prior to his work in banking Mr. Alexander was a judicial clerk to the Honorable Linda Taliaferro, Chairman of the Pennsylvania Public Utilities Commission and served on the economic development policy staff of the Honorable Rudy Perpich, Governor of the State of Minnesota.

    Lawrence Jatsek

    Managing Partner

    Mr. Jatsek has been involved in real estate investment and development for over 30 years. Mr. Jatsek worked as a laborer and carpenter during his high school and college days gaining invaluable hands on field experience which laid the groundwork for the next 27 years in the real estate industry. After obtaining a degree in Business and Operations Management from The Ohio State University, he moved to California where he worked with large commercial contractors before starting his own general contracting and development company which included, general contracting of complex projects and ground up development in the San Francisco Bay Area. With substantial involvement on over 155 million worth of real estate assets, Mr. Jatsek brings extensive experience in real estate investment and development involving highrise, commercial and residential construction projects. He has developed and exited over $35 million worth of assets of his own real estate development projects. Mr. Jatsek holds a BS in Business Administration and Operations Management from The Ohio State University, is a licensed general contractor and a licensed real estate professional.

    Lawrence Jatsek

    Managing Partner

    Mr. Jatsek has been involved in real estate investment and development for over 30 years. Mr. Jatsek worked as a laborer and carpenter during his high school and college days gaining invaluable hands on field experience which laid the groundwork for the next 27 years in the real estate industry. After obtaining a degree in Business and Operations Management from The Ohio State University, he moved to California where he worked with large commercial contractors before starting his own general contracting and development company which included, general contracting of complex projects and ground up development in the San Francisco Bay Area. With substantial involvement on over 155 million worth of real estate assets, Mr. Jatsek brings extensive experience in real estate investment and development involving highrise, commercial and residential construction projects. He has developed and exited over $35 million worth of assets of his own real estate development projects. Mr. Jatsek holds a BS in Business Administration and Operations Management from The Ohio State University, is a licensed general contractor and a licensed real estate professional.

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