Susan Folckemer’s role as Chief Acquisitions & Development Officer includes all acquisitions and ground-up development as well as substantial upgrades and renovations of both new and existing assets. Her responsibilities also include establishing and maintaining new and existing joint venture partnerships and sourcing all debt. Susan brings over 35 years of development, construction, operations, new business development and investment sales experience to the TPCO team.
Prior to joining TPCO 15 years ago, Folckemer served as a Regional Senior Director with CB Richard Ellis, covering the Carolinas and the Mid-Atlantic region. During her time with CBRE, she oversaw the investment sales, leasing, management and financial reporting for a 27 million square-foot portfolio of office, retail and industrial product representing large pension funds and private equity groups. She began her career in 1983 working with a regional development and construction company focused on office, retail and industrial sites throughout the Southeast and Mid-Atlantic regions.
Folckemer received her Bachelor of Science degree in Business at North Carolina Wesleyan. She currently serves on the Board of Directors of the National Multi-Family Housing Council (NMHC) and is actively involved in the Triangle Commercial Association of Realtors (TCAR), Urban Land Institute (ULI) and National Apartment Association (NAA) and Commercial Real Estate Women (CREW). Susan previously served on the Board of Directors and as President of both the Institute of Real Estate Management (IREM) and CREW.