➡ ➡ Transfiguring an Iconic Architectural Firm into a Global Real Estate Development Company
An Interview with Jack Portman
Chairman of John Portman & Associates and Portman International
John C. (Jack) Portman, III is the Vice-Chairman of Portman Holdings, the land and property development company. Jack is responsible for the international development activities of the company.
By the 1970’s, Portman Associates had already established its reputation as a transformative architectural firm. After graduating college, Jack embarked on a global journey where he developed an affinity for SE Asia and envisioned that Portman should pursue international real estate development and property management in the Pacific Rim. Jack would later established Portman Overseas and today a significant amount of Portman’s business is in the Asian market.
Jack Portman’s vision and business acumen has had a major impact on the Portman companies and their international real estate development and management projects for almost 50 years.
Jack envisioned the market potential within China and only one week after China opened its doors to trade with America met with Chinese Prime Minister, Deng Xiao Ping to press to become the first foreign real estate development in China.
Jack describes the extraordinary challenges that Portman had to surmount to develop Shanghai Centre, one of China’s most successful mixed-use developments.
- Develop and deliver a winning value proposition to convince the Chinese National and Shanghai governments to support Portman for the project
- Align with Kajima, one of Japan’s largest construction companies
- Develop a consortium of investors (18 banks from 8 countries) whom had wanted to cautiously initiate business within China while at the same time limit their exposure
- Negotiating with the Bank of China to assume 70% of debt
It makes one wonder if Jack and Portman would be interested in becoming the first foreign real estate developer inside normalized North Korea?
Topics to Discuss:
Recognizing the tremendous potential in the Pacific Rim
Portman Overseas
Pursuing international real estate development and management of overseas projects
Web Site / Social Media Links:
www.portmanusa.com
Guest Linkedin Profile:
https://www.linkedin.com/in/jack-portman-822b7011
Show Host: Artie Ruderman
The Business Developers Network where today’s leading business developers share and learn innovative business development concepts to generate greater value for their businesses. Broadcasting LIVE from the Pro Business Channel studios in Atlanta.
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