Tracie R. Forsythe
Ms. Forsythe currently oversees a portfolio of joint venture retail and mixed-use development assets and is a member of the firm’s Investment Committee. Since joining L&B in 1988, she has been responsible for the sourcing and underwriting of retail acquisitions, asset management and disposition of select retail and office properties, feasibility analyses for mall and open-air retail expansions and/or redevelopments, oversight of joint venture development, and consultation/valuation assignments for retail and mixed-use assets with an aggregate value of over $3 billion.
During her tenure at L&B, Ms. Forsythe has underwritten and closed numerous retail acquisitions. In addition, she has both assumed responsibility for existing joint venture developments in progress and sourced new joint venture development opportunities for numerous retail and mixed-use assets, including office, lifestyle, power center, grocery-anchored, and street-front retail properties. In discharging her responsibilities, she has underwritten the feasibility of proposed development projects and plans, structured and/or re-structured joint venture agreements, directed financing activities and negotiated debt restructuring solutions, underwritten and monitored project costs and budgets, completed dispositions, and overseen all major decisions related to the developments, including the ongoing review and approval of draw requests, proposed leases, third party provider contracts, development plan/budget revisions, financing activities, equity contributions, and operating budgets.
Prior to joining L&B, Ms. Forsythe was an analyst in the Dallas corporate office of LaSalle Partners. While with LaSalle, she participated in the underwriting of office, retail, hotel, and multifamily properties.
Ms. Forsythe graduated from The University of Texas at Austin with a BBA in Real Estate and Urban Land Development and a concentration in Finance. She is currently a member of the International Council of Shopping Centers.