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Texas continues to lead the nation in population growth, corporate relocations, and real estate investment, but financing new development has become increasingly complex. As higher interest rates, tighter lending standards, and shifting investor expectations reshape the market, developers are finding new ways to capitalize projects and keep development pipelines moving.
Hosted by The Real Deal in partnership with the U.S. Immigration Fund (USIF), on October 14th in Dallas, Texas, this executives' roundtable will bring together leading developers from across Texas for a candid discussion on today's capital environment and the strategies driving tomorrow's projects.
The conversation will include prominent Texas developers offering insights into their long-term development plans, capital strategy, and outlook for the Texas market. That on-the-record conversation will continue as off-the-record discussion around drinks and dinner for the remainder of the evening. Guests can expect to examine where capital is flowing, how financing strategies are evolving, and what opportunities developers see across the Lone Star State.

Directs investments, acquisitions and institutional capital markets for Fort Worth and Dallas-based Trademark https://www.trademarkpropertycompany.com which sponsors investments in, develops and operates institutional quality retail and mixed-use properties across the US. Trademark was founded 34 years ago with a current portfolio of 18 assets valued at $1.8 Billion including 2 advancing developments and 2 multifamily properties under construction totaling 642 units. Trademark is one of the most active private companies in the retail/shopping center sector across the country today and multifamily development in Texas. The company has 65 corporate employees and 135 at the property level. Trademark has created value in $5 Billion of real estate totaling 23.3 MM sf over its history.
Tommy previously was an executive with Security Capital Group (and investee companies) based in Santa Fe, New Mexico and Washington, DC where he was the head of research and held senior investment positions with Carr America, a national office REIT. Security Capital invested in and founded multiple leading growth-oriented public and private real estate operating companies including ProLogis, Regency Centers, Archstone, Carr America and Storage USA. Prior thereto, was a Manager with the Arthur Andersen Real Estate Group and Kenneth Leventhal & Co where he advised clients on property and portfolio strategy and non-judicial financial reorganization.
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Tony Marchbanks is the National President of Homebuilding at Southern Land Company, where he leads the company’s growing home construction portfolio in master-planned communities in Tennessee, Texas, and Colorado, as well as in newer markets. Based in the company’s Plano, Texas office, Tony draws on over 30 years of homebuilding experience to develop and maintain high-performing teams while scaling production and sales.
Tony has an extensive track record of scaling homebuilding operations known for architectural detail and craftsmanship, and will strengthen the company’s leadership across land development, construction, purchasing, sales, and architecture. He joins Southern Land Company from Highland Homes, where he spent his entire career and rose through the ranks, culminating his time there as President and Chief Operating Officer. During his tenure, Tony launched Highland Homes’ Houston market from the ground up, growing production to 1,000 homes annually, then led statewide operations and produced more than 4,000 homes each year.
Tony earned a Bachelor of Science in Construction Management from the University of Oklahoma and completed Stanford University’s Executive Development Program in 2025.

JJ Leonard is Partner and Managing Director of Partners Dallas office. JJ leads day-to-day operations and drives Partners growth across Dallas-Fort Worth, while continuing to provide exceptional service to his clients as an tenured Office Agency Leasing broker.
JJ has 25 years of experience exclusively in the Dallas market, representing many of the largest institutional investors in DFW office properties. At Stream, he served as Managing Director & Partner for Dallas and played a key role in growing the office leasing portfolio from 8 million to 16 million sq. ft. between 2015 and 2022. Across his career, he has closed over 10 million sq. ft. of lease transactions valued at more than $3.5 billion. Notable clients he has worked with throughout his career include Fortis Property Group, New York Life Investors, Starwood Property Trust, Manova Partners, Piedmont REIT, Wells REIT, GI Partners, CBRE Global Investors, ARES, JPMorgan Asset Management, Colony Capital, Commofund, Masaveu Real Estate U.S., and TriGate Capital, among many others.
JJ is a graduate of the United States Naval Academy, where he earned a B.S. in English and General Engineering, and later served as a Marine Corps intelligence and targeting officer before joining the Dallas commercial real estate world. During his time as an undergraduate at the Naval Academy he also played varsity football and rugby.
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Joel Behrens serves as Market Leader of the firm’s Dallas-Fort Worth office. In this role, he is responsible for the day-to-day operations and strategic oversight of all new development and investment activity for TCC and High Street Residential (HSR), the firm’s residential subsidiary, throughout the region.Behrens joined TCC in 2008 and was named Principal in 2015. He previously served as a Managing Director, responsible for sourcing and executing real estate acquisition and multifamily development projects in the Dallas-Fort Worth market. During his tenure at TCC, Joel has executed 9.5 million square feet of office, multifamily, and mixed-use development projects, totaling over 6,500 units.
The Real Deal NYC Roundtable series brings together a curated group of C-suite executives and principals for an intimate exchange of ideas. Here, the industry’s "inner circle" moves beyond small talk to engage in the kind of raw, unfiltered dialogue that rarely happens on a public stage.
The evening begins with a filmed Roundtable Discussion featuring industry leaders and ends with a private off-the-record dinner.
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