Minnesota Real Estate Hall of Fame – Real Estate Matters
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Minnesota Real Estate Hall of Fame

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Real Estate Hall of Fame is Seeking Nominees for 2019

University of St Thomas

Minnesota Real Estate Hall of Fame

Award Criteria

The basic criterion for acceptance into the Hall of Fame is outstanding business performance coupled with a high standard of ethics. Usually the honorees are responsible for successful and/or innovative business activities and have made major life-long contributions to our industry.

– All nominees must be retired from their primary business   or

– Must be at least 65 years of age   or

– Be deceased

Nominations are not limited to University of St Thomas graduates.

Nominees can represent any discipline related to real estate in Minnesota.  The nomination committee is encouraged to nominate candidates from all  disciplines of both commercial and residential real estate.  The committee is encouraged to solicit recommendations from the real estate community and to encourage others from outside the committee to make nominations to insure a wide variety of candidates.

The Selection Committee will consider the following when making their selection of honorees:

  • Business: the nominee has made a significant contribution as a leader in the field of real estate;
  • Nominees are expected to have made a significant impact in their particular area of real estate and be recognized primarily as a person that is an exceptional role model in their discipline.
  • Weight will be given to such accomplishments as starting and building a business, leading an established business to significantly greater achievements, major transactions, and innovative projects.
  • Among the factors to be considered are industry recognitions and accomplishments, being an industry pioneer and/or leader, and recognition by others for achievements.
  • Community: the nominee has had concern for improving his/her community as a business leader
  • Ethics: the nominee has displayed the highest level of ethics in their business practices.

Beyond the criteria noted here, the Selection Committee has the responsibility   and discretionary power to make their determinations from the pool of nominations submitted.

Access the Nomination Form: https://centers.stthomas.edu/shenehon/wp-content/uploads/sites/7/2019/05/2019-REHoF-Nomination-Form.pdf

Nomination deadline: June 14th 2019

Best of Real Estate Matters, Commercial Real Estate, Industry News, Minnesota Real Estate Hall of Fame, Twin Cities Real Estate

Tom Holtz, Jim Nelson, and Russ Nelson Inducted into Minnesota Real Estate Hall of Fame

Three new members were inducted into the Minnesota Real Estate Hall of Fame at an awards breakfast this morning: Russ Nelson, an industry groundbreaker who was among the first to exclusively represent tenants; Jim Nelson, who helped spearhead the new US Bank Stadium; and Tom Holtz, a driving force behind industry giant CBRE.

The Minnesota Real Estate Hall of Fame was established in 2010 by the Shenehon Center for Real Estate at the University of St. Thomas Opus College of Business. Members of the Hall of Fame are chosen for their outstanding business performance, high standards of ethics, and community activities.

The annual event, held at the Golden Valley Golf and Country Club, drew over 200 people including real estate professionals and friends and family members of the inductees. Robert J. Strachota, president of the real estate valuation firm Shenehon Company, acted as emcee and Steve Cramer, president and CEO of the Minneapolis Downtown Council, was the keynote speaker. The awards were presented by Patrick Ryan, President and CEO of builder/developer Ryan Companies.

After the awards presentation and a brief video about each recipient, the event concluded with Herb Tousley, director of the Shenehon Center, presenting scholarships to five students, the winners of this year’s Boyd Stofer & Ken Stensby Real Estate Student Competition. The competition challenges undergraduate and graduate students to develop a business concept that has potential to become a viable, high-growth business or make a meaningful contribution to existing real estate companies. Scholarship recipients are current UST students Ethan Finger, Issac Kuehn, Charles Bird, Holly Spaeth and Matt Michalski.

About the Inductees

Tom Holtz

For nearly 40 years, Tom Holtz has played a pivotal role in developing CBRE into one of the world’s leading real estate services companies. He is personally credited with approximately $11 billion in investment transactions during a career that has touched every major Twin Cities building.

Holtz’s advice is sought by some of the most successful people in the industry, both in Minnesota and across the country. Colleagues praise his sharp intellect and unwavering ethical barometer. Lifelong friends laud Holtz as a deeply spiritual family man who has dedicated his support and leadership to many local and national organizations, including St. Andrew’s Lutheran Church in Eden Prairie and Luther Seminary in St. Paul.

Jim Nelson

Known as “the quiet leader that everyone listens to,” Jim Nelson has spent more than half a century in real estate advisory services, finance, and investment. He played a pivotal role in such transformative projects as the Midtown Exchange, the Walker Art Center expansion, and the new US Bank Stadium, and he is a valued counselor to the City of Minneapolis, Hennepin County, the state of Minnesota, and the University of Minnesota, among others.

In addition to being the principal of Eberhardt Advisory, Nelson has served on numerous civic and industry boards, and he helped shape and guide the Mortgage Bankers Association of America. He is often praised for his devoted mentorship of real estate industry leaders across the state and the country.

Russ Nelson

Known for his energy, enthusiasm, and coveted book of connections, Russ Nelson helped shape the skylines of Minneapolis and St. Paul during his 35-year career. He recently retired from real estate and project management firm NTH, one of the first Twin Cities firms to exclusively represent tenants, which he cofounded in 1993.

Nelson is legendary for his devotion to the downtown Minneapolis core, including one of the largest land sales in the city’s history: the five-block StarTribune megadeal that launched the redevelopment of the Downtown East Commons. Just as legendary is his enthusiasm for serving the community, such as his recent role in helping Como Park Zoo and Conservatory’s raise $8 million for its polar bear exhibit and Japanese garden.

 About the Minnesota Real Estate Hall of Fame

The Minnesota Real Estate Hall of Fame honors, preserves and perpetuates the names and outstanding accomplishments of real estate leaders who have made significant contributions in real estate and demonstrated care and concern for improving their communities as business leaders.

Minnesota Real Estate Hall of Fame

Minnesota Hall of Fame Inductees Announced!!!

The time has come, the 2017 Hall of Fame inductees have been announced. Congratulations to Ralph Burnet, Jack Rice, and Howard Shenehon!

Join in the recognition of the accomplishments Burnet, Rice and Shenehon have done for Minnesota real estate. Members of the Minnesota Real Estate Hall of Fame are chosen for their outstanding business performance, high standards of ethics and community activities. The three new members are:

 

Register Today

Ralph Burnet

Ralph began his real estate career at Bermel Smaby Realtors. After leaving Bermel Smaby Realtors, he started his own realty company, Burnet Gagner Realty and built it to the largest in the Twin Cities. In 1983, Burnet merged his company with Merrill Lynch and for the next 7 years Burnet served as its Eastern Regional President. But when Merrill Lynch Real Estate was sold to Prudential in 1990, Burnet and his partner Dar Reedy bought back the Minnesota-based company. In 1996, Burnet expanded into the Chicago market, merging with Prudential Preferred Properties of Chicago. By 1998, Burnet Realty had grown to the 4th largest residential brokerage in the United States, and expanded though merging with the Coldwell Banker name. Today, Coldwell Banker Burnet is one of Continue Reading

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New Members of Minnesota Real Estate Hall of Fame Announced

The Minnesota Real Estate Hall of Fame, established in 2010 by the Shenehon Center for Real Estate at the University of St. Thomas Opus College of Business, will add three new members in a morning ceremony Thursday, Nov. 5th, at the Golden Valley Golf and Country Club.

Members of the Minnesota Real Estate Hall of Fame are chosen for their outstanding business performance, high standards of ethics and community activities. The three new members

Dan DolanWells Fargo

For more than 50 years, Dan Dolan has pursued a career in real estate. He was a leader in improving the professional and ethical standards in real estate and was an early promoter and employer of women in real estate sales. His real estate developments include the Evergreen Community, an upscale residential development in Woodbury; and the Oakdale Crossing Business Park.

Throughout his career, Dolan has been actively involved in boards and fundraising, including the merger of Cretin and Durham high schools, fund raising for the University of St. Thomas, and serving as King Boreas XLII in the 1978 St. Paul Winter Carnival. He may be eligible for retirement, but Dolan is just as passionate as ever about real estate development and continues to receive offers of employment in the industry.

Larry Laukka  

Since 1962, Larry Laukka has actively served in all  aspects of the real estate industry, but primarily in the building and development business. Laukka’s experience has included the design, development, financing, construction and marketing of more than 6,000 dwelling units and home sites throughout the greater Twin Cities community, and the management of approximately 3,000 owner-occupied townhomes and condominiums. His leadership roles include president and director of the Minneapolis Builders Association (MBA), senior life director of the National Association of Home Builders (NAHB) and founder of the Minnesota Housing Institute (MHI), which served the real estate industry’s state-wide needs to commercially promote home ownership and legislative action.

In the 1960s, Laukka worked with The Near Northside Re-Development Agency, a community based organization established to guide the redevelopment of the near north side of Minneapolis. The agency focused on the growing need for market rate housing and led to the development of single-family housing, hailed as “The Suburb in the City.”  After being approached by Governer Wendell Anderson, Laukka helped develop the State Housing Finance Agency and chaired the Minnesota State Housing Code Advisory Board until a state-wide building code was in place. Most recently, he served on the Fairview Southdale Hospital board of trustees and chaired the development of its new Carl N. Platou Emergency Center opened August 2015.

James Solem

For more than 40 years, James Solem provided outstanding leadership and tireless work in real estate finance and public policy, supporting the development of rental and ownership housing for low and moderate income households. He was the executive director of the Minnesota State Planning Agency from 1970 to 1978, and served as commissioner of the Minnesota Housing Finance Agency from 1978 to 1994 – a position he was appointed to five times by three Minnesota governors. From 1994 to 2000, Solem was the regional administrator for the Metropolitan Council, leading the long-range planning for transit, wastewater, parks and community development in the seven-county metropolitan area.  From 2000 – 2006, at the University of Minnesota’s Center for Urban and Regional Affairs (CURA), he led a project to bring new ideas to the issues of affordable housing and regional growth.

Now retired from the Metropolitan Council, Solem is active with consulting and volunteer service. He is chairman of the board of the Community Reinvestment Fund and of the boards of Common Bond Housing Corporation and the Greater Minnesota Housing Fund. Throughout his career, Solem demonstrated an exceptional knowledge of operations and governmental polices, brought a high level of ethical standards to the real estate industry and championed those most in need.

The program is open to the public and the cost is $60. More information is available at http://www.stthomas.edu/centers/shenehon/minnesota-real-estate-hall-of-fame/

To register use the following link:    https://webapp.stthomas.edu/eventregistration/ust/register.jsp?eventcrn=B1973

The Minnesota Real Estate Hall of Fame now has 30 members. Previously named were:

  • 2010: Tony Bernardi, Lloyd Engelsma, Gerald Rauenhorst, William Reiling, Jim Ryan and Sam Thorpe Sr.
  • 2011: Robert Hoffman, Darrel Holt, Bernard Rice, Emma Rovick and five members of the Dayton family: Bruce and the late Douglas, Donald, Kenneth and Wallace.
  • 2012: David Bell, Robert Boblett Sr., Philip Smaby and Boyd Stofer.
  • 2013: Leonard Bisanz, Helen Brooks, Thomas Crowley, M.A. Mortenson Sr. and Kenneth Stensby.
  • 2014: George Karvel Ph.D., Cyril “Cy” Kuefler Sr., Jim Stanton

 

Minnesota Real Estate Hall of Fame

2014 Minnesota Real Estate Hall of Fame Induction Ceremony Recap

Keynote speaker Robert Senkler, CEO of Securian Financial Group, shared some great advice with the crowd at the 2014 Minnesota Real Estate Hall of Fame Induction Ceremony during his address. He stated:

Ask: Would this look good on the front page?

Mr. Senkler was talking specifically about undocumented compensation in the insurance industry but this applies to many decisions. If a decision made the front page of the newspaper, would it look good for you, your company, your employees and your client? If not, take the time to really think about why.

Check your balance sheet.

In 2005 and 2006, Securian made sure that if the unthinkable happened, they’d be ready. Now, they call the unthinkable 2008. Because they created scenarios to test their business, they were ready. Rather than having to be reactive, they had a plan in place. This helped them to weather the storm through 2008 and 2009 for their company by saving jobs and keeping their business afloat.

Do the simple things well.

With this real estate group, Mr. Senkler used the example of checking financial records and receiving solid valuations. While that is something much less complex than coming up with a development plan, many smart people missed the simple step in the last few years which caused big problems. In other words, don’t forget the details and how important they are in the overall scope of business.

Ethics.

All employers have to pay people to come to work for them. But, they don’t all make their employees feel good about what they are contributing to the company. Community service and the ability to give back as part of a job is a great way to differentiate among other employers. It helps to build a work environment routed in ethical business practice and hardworking people who give back not only because they are being paid to do so but because they want to do so.

Once again, congratulations to the 2014 Minnesota Real Estate Hall of Fame inductees:

George R. Karvel, Ph.D.


Cyril “Cy” Kuefler, Sr.

Jim Stanton

Industry News, Minnesota Real Estate Hall of Fame, UST Real Estate in the News

2014 Minnesota Real Estate Hall of Fame Inductees Announced

halloffame

The Shenehon Center for Real Estate is pleased to announce
the 2014 Minnesota Real Estate Hall of Fame Inductees

George R. Karvel, Ph.D.
Cyril “Cy” Kuefler, Sr.
Jim Stanton

Join the Shenehon Center for Real Estate for the 2014 Minnesota Real Estate Hall of Fame Induction Ceremony

Thursday, November 6, 2014
7:30 a.m. Sign-in
8:00 a.m. – 10:30 a.m. Awards Ceremony featuring keynote speaker Robert Senkler, CEO, Securian Financial Group

Event Details
Golden Valley Golf and Country Club
7001 Golden Valley Road
Golden Valley, MN 55427

Individual cost: $50
or
Sponsor a table for 10: $700

The Shenehon Center for Real Estate at the University of St. Thomas Opus College of Business has established
the Minnesota Real Estate Hall of Fame to honor, preserve and perpetuate the names and outstanding accomplishments
of real estate leaders who have made a significant contribution in real estate and demonstrated care and concern for
improving their community as a business leader

Minnesota Real Estate Hall of Fame

We Remember 2011 Minnesota Real Estate Hall of Fame Inductee, Robert Leonard Hoffman

Robert Leonard Hoffman, a 2011 Minnesota Real Estate Hall of Fame Inductee, died on July 29, 2014 at the age of 85. Co-founder of the Larkin, Hoffman, Daly & Lindgren law firm and described as “the dean of Twin Cities land-use lawyers”, Hoffman crucially contributed in notable real estate projects such as the development of the Mall of America. He also proudly served his community as a Bloomington city councilman for 14 years and on the Metropolitan council for 7 years.

 

Minnesota Real Estate Hall of Fame, UST Program News, UST Real Estate in the News

2013 Minnesota Real Estate Hall of Fame Inductees Announced

halloffame

The Shenehon Center for Real Estate is pleased to announce
the 2013 Minnesota Real Estate Hall of Fame Inductees

Leonard Bisanz
Helen Brooks
Thomas Crowley
M.A. Mortenson, Sr
Kenneth Stensby

Join the Shenehon Center for Real Estate for the 2013 Real Estate Hall of Fame Induction Ceremony
Thursday, October 24, 2013
5:30-6:30 p.m. Reception with heavy hors d’oeuvres
6:30 – 8 p.m. Awards Ceremony
University of St. Thomas Minneapolis Campus
Cost: $50

Register for the 2013 Minnesotate Real Estate Hall of Fame

The Shenehon Center for Real Estate at the University of St. Thomas Opus College of Business has established the Minnesota Real Estate Hall of Fame to honor, preserve and perpetuate the names and outstanding accomplishments of real estate leaders who have made a significant contribution in real estate and demonstrated care and concern for improving their community as a business leader.

Minnesota Real Estate Hall of Fame Members:

David Bell
Tony Bernardi
Robert Boblett, Sr
The Dayton Family
Lloyd Engelsma
Robert Hoffman
Darrel Holt
Gerald Rauenhorst
William Reiling
Bernard Rice
Emma Rovick
Jim Ryan
Philip Smaby
Boyd Stofer
Sam Thorpe, Sr

Minnesota Real Estate Hall of Fame, Real Estate Programs, Upcoming UST Events

Reminder: Nomination deadline for the 2013 MN Real Estate Hall of Fame is May 1

Nominations are being accepted for the 2013 Minnesota Real Estation Hall of Fame through May 1.

The Minnesota Real Estate Hall of Fame has been established to honor, preserve and perpetuate the names and outstanding accomplishments of real estate leaders who have made a significant contribution in real estate and demonstrated care and concern for improving their community as a business leader.

A real estate leader is someone who:

  • has made a significant contribution as a leader in the field of real estate.
  • has impacted his or her particular area of real estate and should be recognized primarily as an exceptional role model in his or her discipline.
  • has displayed the highest level of ethics in his or her business practices.
  • has improved his or her community as a business leader.

Do you know someone who fits this description? Nominate them for the Minnesota Real Estate Hall of Fame.

Minnesota Real Estate Hall of Fame, Real Estate Programs, Uncategorized, Upcoming UST Events

Nominations now being accepted for the 2013 Minnesota Real Estate Hall of Fame

The Minnesota Real Estate Hall of Fame has been established to honor, preserve and perpetuate the names and outstanding accomplishments of real estate leaders who have made a significant contribution in real estate and demonstrated care and concern for improving their community as a business leader.

The Shenehon Center for Real Estate at the University of St. Thomas Opus College of Business began honoring members of the Minnesota real estate community with induction into the Minnesota Real Estate Hall of Fame in 2010. 2012 Hall of Fame

Nominations are now being accepted for the 2013 Minnesota Real Estation Hall of Fame.

A real estate leader is someone who:

  • has made a significant contribution as a leader in the field of real estate.
  • has impacted his or her particular area of real estate and should be recognized primarily as an exceptional role model in his or her discipline.
  • has displayed the highest level of ethics in his or her business practices.
  • has improved his or her community as a business leader.

Do you know someone who fits this description? Nominate them for the Minnesota Real Estate Hall of Fame.

Nominations received before May 1 will be reviewed for the current year. Those received after May 1 will be considered for 2014. All nominees will be considered for induction for up to three years after being nominated.

Hall of Fame Award Criteria  

Nominations are not limited to University of St Thomas graduates.   The selection committee will give weight to such accomplishments as starting and building a business, leading an established business to significantly greater achievements, major transactions and innovative projects.

Other factors that may be considered include industry recognitions, being an industry pioneer or leader and recognition by others for achievements. The selection committee has the responsibility and discretionary power to make its determinations from the pool of nominations submitted.