DAVID M. ADELMAN
David M. Adelman is the Founder and Principal of AREA Real Estate, LLC. Mr. Adelman oversees development and asset management for a portfolio of mixed-use, industrial and office properties. David is also involved with other investment ventures, including a variety of private equity investments. While having a strong emphasis on industrial properties, mixed-use housing and office buildings, his experience is broad-based, including land, traditional multi-family and retail deals.
A native of San Antonio, Mr. Adelman is known for his vast knowledge of the city and for his ability to close even the most complicated deals. Having purchased his first rental property while in high school, David officially began his real estate career in Austin, Texas in 1989 while attending The University of Texas and continues to be a devout Longhorn fan. He has been married to wife Sharon since 1995 and has two young daughters, Katherine and Ally.
Mr. Adelman is involved in numerous community-related activities. David is a founding member and Chair of the local chapter of the Urban Land Institute (ULI San Antonio) and a former board member of the Greater San Antonio Chamber of Commerce. He has a strong interest in public education and is currently serving as the Vice Chair of the Citizens Oversight Committee for the $515M SAISD Bond Program. Additionally, David has significant involvement with KIPP San Antonio and currently serves as the Chair of the Facilities Committee. He has recently served as a Trustee for Temple Beth El and is an active member of the Temple Beth El Brotherhood, a men’s organization dedicated to serving many different needs of the congregation. He is also a member of the Investment Committee at Temple Beth El, which stewards all of the endowments. Consistent with his strong views on environmental sustainability, David is a member of the local advisory board of the Nature Conservancy.