David Steinwedell

Biography: David H. Steinwedell is a 35 year veteran of the commercial real estate industry and has worked in a variety of disciplines including public and private investment management, acquisitions, debt, capital markets, investment banking and asset management. David is the President and CEO of Affordable Central Texas (ACT) in Austin, TX, a fund sponsor with a focus on preserving workforce multifamily housing utilizing private equity through the Austin Housing Conservancy Fund. Prior to ACT, David was Executive Director of the Urban Land Institute (ULI) in Austin, TX in addition to being Managing Partner of Stoneforge Advisors, LLC, a real estate investment and advisory firm. Throughout his career, he has worked with multiple property types including multifamily, office, industrial, single tenant net lease, hotel, land and single-family land development. He is former managing partner and investment committee chairman of AIC Ventures, where he was an equity partner and oversaw acquisitions of long term sale-leasebacks and net leased assets with middle market credits. While at AIC, David completed over $380 million of acquisitions, growing assets under management to almost $800 million. David formerly served as president of Wells Fund Management at Wells Real Estate Funds, leading the development of a real estate investment product and management team dedicated to serving institutional investors. Also at Wells, David served as chief investment officer for five years leading a team of professionals responsible for Wells’ real estate investment strategy representing over $9 billion in acquisitions, $300 million in development and $4 billion in finance in a series of non-traded office REITS, a value add fund, 1031 and limited partnership vehicles. Prior to Wells, David held executive positions at Jones Lang LaSalle and Cushman Realty Corporation where he directed and grew operations of investment banking and brokerage units i