Financial Services >> CEO Interviews >> May 17, 2004
STEVEN R. LeBLANC, President and CEO of Summit Properties Inc., joined
the company in 1998 as President, Chief Operating Officer and a Director
of the company. He was promoted to Chief Executive Officer on July 1,
2001. Mr. LeBlanc graduated from The University of Texas in 1980 with a
BBA in Real Estate and Finance. Prior to joining Summit Properties, Mr.
LeBlanc served as President of Urban Growth Property Trust from 1997 to
1998, where he developed the company's strategic business plan,
orchestrated the transition to REIT status and initiated over $200
million in acquisitions and developments. From 1992 to 1997, Mr. LeBlanc
served in a number of senior management positions with Archstone
Communities Trust, where he was responsible for the development and
acquisition of 11,000 apartment homes and the purchase of land for an
additional 10,000 apartment homes. From 1984 to 1992 Mr. LeBlanc was a
Partner with Lincoln Property Company, where he was a member of the
senior management team and was responsible for the management of 17,000
apartments as well as the firm's acquisition and development activities
throughout Texas and the Northeast. Mr. LeBlanc is a member of the
Boards of Directors of the National Multifamily Council, St. Peters
Homes, Penland School of Crafts, and Mecklenburg Council on Homelessness
Inc. He has served on the Board of Directors of the Rio Grande School
and the Santa Fe Pro Musica. He is a member of the Urban Land
Institute, the Real Estate Advisory Board of the University of North
Carolina, and the Chair of the Real Estate Roundtable Environmental
Advisory Committee. Mr. LeBlanc has taught real estate courses at Austin
Community College in Austin, Texas. Profile
TWST: Could we begin with a brief historical sketch of Summit Propertiesand a picture of the most important things that have been happening
recently?
Mr. LeBlanc: Summit is a apartment real