NEW YORK CITY—A nearly 20-year veteran of the investment bank, the 72-year-old executive also founded his own such firm in the 1990s.

SAN ANTONIO—Stream's recently completed One51 Office Centre in Westover Hills off of Highway 151 is taking shape and phase two is in the works with a completion date slated for December 2016.

With prices for most asset types reaching what may be the peak, and debt markets in turmoil, brown field development offer the opportunity for out sized returns, but only if you know what you are doing.