DevelopLex

Brooks Bailey is the owner of Bluegrass Bean Counter, a bookkeeping and tax preparation business in the Lexington area with a strong focus on real estate related business.

Contact Bluegrass Bean Counter here!

Hosted by Weston Lockhart and Ross Boggess

DevelopLex is proud to be supported by:

SVN Stone Commercial Real Estate

Community Trust Bank

Rapid Fire Home Buyers

Learn more about Middle Tech and our network of shows at MiddleTech.com

Intro music by SmithTheMister

This week's episode features a roundtable discussion with Weston Lockhart, Ross Boggess, and Evan Knowles (welcome back, Evan).

Our conversation covers key takeaways and favorite memories from the first 15 episodes, and dives into our goals for the future of DevelopLex. Overall, we’re incredibly excited about where we’re at and where we are headed with this show. We hope you enjoy!

Hosted by Weston Lockhart, Ross Boggess, and Evan Knowles

DevelopLex is proud to be supported by:

SVN Stone Commercial Real Estate

Community Trust Bank

Rapid Fire Home Buyers

Learn more about Middle Tech and our network of shows at MiddleTech.com

Intro music by SmithTheMister

Phil Holoubek is the founder, President and CEO of Lexington’s Real Estate Company (“LRC”). Since 2000, LRC has been actively involved in the transformation of downtown Lexington, developing more than $50 million worth of real estate in the downtown Lexington area, with additional mixed-use projects valued at $50 million currently in the works.

Phil is an avid Community creator and featured projects include the Nunn Building, Main & Rose, Carson’s, and the project recently developed for Community Ventures on Lexington’s East End of Downtown, The MET. Named after its unique location, at the corner of Midland & East Third, The MET is a 75,000 sq. ft. mixed-use facility that will bring new resources to Lexington’s East End community.

In our sit-down with Phil, we talked extensively about “Mixed Use” Development and in particular how that applies to Downtown Lexington as we focus on infill re-development.

Hosted by Weston Lockhart & Ross Boggess

DevelopLex is proud to be supported by:

SVN Stone Commercial Real Estate

Community Trust Bank

Lexington Pavement Sweep

Learn more about Middle Tech and our network of shows at MiddleTech.com

Intro music by SmithTheMister

Brian Luftman can best be characterized as an entrepreneur. Born and raised in Lexington, KY, Brian moved to Chicago to pursue his dream of being a floor trader at the Chicago Mercantile Exchange.  He ended up buying a seat on the exchange and trading commodity options for 10 years.  During that time, he founded Luftrade, which specialized in cattle, corn, soybean and wheat options.

While he still does invest in traditional real estate, in 2011, Luftman founded American Farm Investors in his hometown of Lexington, KY. AFI is a full service farmland investment company in Lexington, KY, specializing in profitable farmland investments. 

You may have also seen one of Brian’s projects, “Bourbon Hous” which is a large newly renovated party Airbnb while driving down South Broadway. 

We talk a lot about traditional real estate investing on this podcast, but Brian brings a different perspective in this episode by talking about farmland Investments, Airbnb/short term rentals, and being a member of the Bluegrass Angel Investment group. 

Hosted by Weston Lockhart & Ross Boggess

DevelopLex is proud to be supported by:

SVN Stone Commercial Real Estate

Community Trust Bank

Lexington Pavement Sweep

Learn more about Middle Tech and our network of shows at MiddleTech.com

Intro music by SmithTheMister

Anthony Humphress is a Real Estate Investor and active Philanthropist based in Lexington, KY. Anthony bought his first investment property in the fall of 2001 to help support his hobby of working with nonprofits and now over 20 years later, what started as a way to pay his own salary at a non-profit has blossomed into serving over 750 residents as well as partners and team members in a construction & insurance business.

Though primarily an investor, Anthony serves as an advisor for SVN Stone Commercial Real Estate and is a former board member of the Greater Lexington Apartment Association. He co-founded & serves as the Chair for City for the Nations and serves on other non-profit boards.

On this episode of DevelopLex we were able to sit down with Anthony and discuss investing with a higher purpose, syndications, and all things multifamily.

Hosted by Weston Lockhart & Ross Boggess

DevelopLex is proud to be supported by:

SVN Stone Commercial Real Estate

Community Trust Bank

Lexington Pavement Sweep

Learn more about Middle Tech and our network of shows at MiddleTech.com

Intro music by SmithTheMister

Brett Setzer, CEO of Brett Construction and Setzer Properties, is a Lexington Native and has been involved in the construction industry since 1981 when he worked part-time while attending college. After gaining field experience, Brett began working with customers to help develop their ideas into working designs and is currently active in marketing, project estimating, and client coordination during all phases of the construction project.

Setzer Properties was established in 1989 by Brett T. Setzer as a national real estate investment and development firm based in Lexington, Kentucky. The company plans, develops and maintains a broad portfolio of properties throughout the United States, with emphasis on industrial, office and retail spaces. A client list of Setzer Properties includes well-known organizations like FedEx Freight, FedEx Ground, FedEx Express, XPO Logistics (formerly Con-way Freight), Penske (formerly Transfreight), Kentucky One Health (Saint Joseph), Baptist Health, and the Commonwealth of Kentucky. To date, the company has developed projects using that business model in 28 states totaling more than $750 million and more than 6.5 million square feet of space.

In this episode we were able to cover the topic of Industrial Real Estate and all of the facets that being a developer, owner, expert of that product includes as well as some other topics... like Kentucky Football, a passion of many in the Bluegrass.

Hosted by Weston Lockhart & Ross Boggess

DevelopLex is proud to be supported by:

SVN Stone Commercial Real Estate

Community Trust Bank

Lexington Pavement Sweep

Learn more about Middle Tech and our network of shows at MiddleTech.com

Intro music by SmithTheMister

Holly Wiedemann founded AU Associates, Inc., in 1990 and oversees the development of multiple award-winning, affordable housing properties serving seniors, families and special needs communities in Kentucky and West Virginia. 

To date, AU has created over 35 communities and developments that range from the adaptive re-use of historic buildings including post offices, TB hospitals, multiple schools, former VA administration buildings, and an historic county courthouse. Holly served as Developer for the award-winning historic Fayette County Courthouse and secured over $11 million in historic tax credits for its adaptive re-use. 

In this episode, we were able to discuss with Holly the ins and outs of Affordable Housing as well as the dilemma that many communities, including Lexington, will address for years to come.

Hosted by Weston Lockhart & Ross Boggess

DevelopLex is proud to be supported by:

SVN Stone Commercial Real Estate

Community Trust Bank

Lexington Pavement Sweep

Learn more about Middle Tech and our network of shows at MiddleTech.com

Intro music by SmithTheMister

Brittany M. Roethemeier, J.D., joined Fayette Alliance as Executive Director in March 2019 after practicing real estate law at McBrayer PLLC since 2011, where she was named a “Super Lawyer-Rising Star in Real Estate” in 2017, 2018 and 2019. A passion for her community and a desire to ensure that Lexington continues to be an extraordinary place to live, work, and play for all its community members brought her to Fayette Alliance, where she is committed to its vital mission to sustainably and equitably grow our city and promote our farms.

A mentor to many, Biff Buckley spent 41 years in the insurance industry as owner of one of the largest locally-owned insurance agencies in Lexington. During this time he developed a portfolio of real estate investment properties which he currently operates. Biff owns several commercial properties and several hundred units of multifamily accrued over many years and comments on strategic growth and lessons learned (sometimes the hard way) along the way.

In this episode, Biff was able to offer up a life story to encourage Lexingtonians in not only their investments but their work-life balance. He was born around Cooper Drive (considered close to Downtown today) which at that point was considered the outskirts of town and offers an incredibly unique perspective on the growth of Lexington.

Hosted by Weston Lockhart & Evan Knowles

DevelopLex is proud to be supported by:

SVN Stone Commercial Real Estate

Community Trust Bank

Lexington Pavement Sweep

Learn more about Middle Tech and our network of shows at MiddleTech.com

Intro music by SmithTheMister

A Pharmacist by trade, 30 years ago Dennis Anderson began building better communities by buying distressed homes and renovating them. By 1993, he’d remodeled more than 100 homes, improving many of Lexington’s existing communities. But as he listened to his clients’ needs, he dreamed of creating new communities where residents could enjoy affordable, high-quality housing with plenty of opportunities to get to know their neighbors. Today, Anderson Communities owns and managers over 2,800 homes in and around Central Kentucky and several Mixed Use Developments like Townley Center, The Villages at Great Acres, Bethel Harvest, and Amerson Orchard. On this episode, we sat down with Dennis to talk about the story of the west side of Lexington and his involvement, the hoops to jump through while building a more affordable city, and being a poster child for creating “mixed use” community living.

Hosted by Weston Lockhart & Ross Boggess

DevelopLex is proud to be supported by:

SVN Stone Commercial Real Estate

Community Trust Bank

Lexington Pavement Sweep

Learn more about Middle Tech and our network of shows at MiddleTech.com

Intro music by SmithTheMister