Mark Morehouse

Managing Director, P3 Investment Banking at Oppenheimer & Co. Inc.

Mark Morehouse is a Managing Director at Oppenheimer & Co. Inc., focused on P3 Investment Banking and based in Chicago.  He joined the firm in August 2017 and has over 20 years’ industry experience, with a focus on transportation infrastructure.   

Mr. Morehouse is responsible for originating and executing P3 advisory and capital raising engagements in the transportation, social infrastructure and water sub-sectors in the US and globally.   His most recent activity includes leading the execution teams on airport, parking, bridge, social infrastructure and transit P3 assignments for both public- and private-sector clients.  

Mr. Morehouse previously worked as Managing Director and head of P3 Investment Banking at William Blair and Director at Credit Suisse, where he was head of coverage for airlines and airports throughout the Americas. 

He led the P3 financial advisory efforts on two groundbreaking airport transactions under the FAA Pilot Program: the long-term concessions of Chicago Midway International Airport and San Juan Luis Munoz Marin International Airport. His airport transaction experience also includes engagements throughout Latin America, most notably Mexico, Argentina and Brazil. 

Mr. Morehouse’s global airlines expertise includes sell-side and buy-side M&A advisory, debt and equity financings for major carriers, start-ups and aircraft lessors.  

He received his B.S. in Chemical Engineering and his M.B.A. from Rice University. 

Steve Forrer

Chief Investment Officer, Aviation Facilities Company

Steve Forrer is the Chief Investment Officer for Aviation Facilities Company (“AFCO”), an industry leader in investment, development, and management of aviation related facilities with a focus on cargo and logistics.    

He has over 30 years of banking, investment, business development, and transactional experience that spans a wide range of finance, legal, and regulatory issues.  The last 20 years have been focused on aviation and transportation infrastructure with project delivery typically done under multi-party public private partnership structures.   

He has a B.S in Finance from Virginia Tech and an MBA from George Washington University and has held a variety of professional and securities related designations.  He is a member of the Urban Land Institute and has served on and participated in the formation of ULI product councils. 

John C. Terrell

Principal, Paslay Management Group

John Terrell is a Principal with Paslay Management Group, a professional management firm that specializes in advising and representing the owner throughout the life cycle of large complex capital development programs, with a focus on airports.  In that role he serves as the airport owner’s representative, or advisor, on commercial development organizational and operational strategy and policy implementation.  John is also an Owner and Managing Partner of Hunter Chase Development Partners in Southlake, Texas, where he is primarily focused on the commercial development of Carillon Parc, a $350M mixed-use project.  In this capacity, John works as the liaison with city government, manages development visioning and is involved with raising equity capital.

Until January 2020, John was the Vice President of Commercial Development at Dallas/Fort Worth International Airport (DFW) where he was responsible for the strategic direction in development, on nearly 18,000 acres of land over a 15 year period.  He led the strategic planning, marketing and implementation of business initiatives for commercial land development, as well as provided direction and oversight of the Airports’ Land Use Analysis and Land Use Master Planning processes.  During his tenure, he developed over 4,000 acres of land and 46M sf of facilities, including industrial, office, hotels and retail.  Prior to the airport, John was a Sr VP with Christon Company leading the development of Pinnacle Park, a 1,000 acre mixed-use development in Southwest Dallas and spent 12 years as the Asst. VP of Real Estate with Southern Pacific and Union Pacific Railroads leading all development for the western half of the U.S.  

Mr. Terrell also served as an elected or appointed official for 19 years.  He served on Southlake City Council from 2004-2015 and as Mayor from 2009-2015.  He has received numerous awards in that capacity including; 2015 Community Impact Award, 2012 Citizen of the Year, Fort Worth Star Telegram Elected Official of the Year and 2014 Presidential Volunteer Service Award.  He was the President of the Southlake Community Enhancement and Development Corporation, a current executive board member of the Southlake Executive Forum, former GRACE board member and Management Committee & Advisory Board member for the Urban Land Institute’s Vision North Texas.  He is a member of Fort Worth Chamber Economic Development Strategic Plan Steering Committee, as well as numerous other local and national professional organizations. 

Mr. Terrell holds a Bachelor of Science Degree in Business Management and a Master’s Degree in Business Administration with a certificate in Asian Business Studies.  He holds an International Airport Professional (IAP) designation, being recognized for expertise in the field of airport management.  Mr. Terrell has been a real estate instructor for several universities and was previously named National Real Estate Executive of the Year by Site Selection Magazine. 

He grew up in Tarrant County and has been a Southlake resident for 24 years where is a member of Southlake Baptist Church.  He has been married for 35 years to his wife, Joanne and has two children, Jacob and Jordan

Chris LeTourneur

President & CEO, MXD Development Strategists

Chris has over thirty years of experience in Planning, Design, Land Economics and Airport Area Development. As President and CEO, Chris leads MXD Development Strategists (MXDdevelopment.com), an International Planning & Development Consultancy. Chris’ project portfolio spans over six continents and 50 countries including the Americas, Europe, Russia, Australia, Asia, India, Africa and the Middle East/MENA Region.

Chris has been at the leading edge of defining sustainable and resilient strategies for “SMART Airport Connected Development”, “Economic Development Strategies”, “Innovation Hubs”, “Non-Aeronautical Revenues”, “Airport Cities” and “Aerotropoli”, through his involvement at international and regional airports including Dallas-Fort Worth (TX), Denver (CO), Phoenix (AZ), Brownfield San Diego (CA), Sacramento (CA), Charlotte (NC), Atlanta (GA), Memphis (TN), Chattanooga (TN), Birmingham (AL) and Pittsburgh (PA) in the USA; and Vancouver (BC), Edmonton (AB), Calgary (AB), Regina (SK), Winnipeg (MB), Yellowknife (NWT) and Halifax (NS) in Canada.  Chris has also led Airport Development projects in Australia (Western Sydney, Gold Coast, Townsville, Cairns), Ecuador (Quito), Brazil (Belo Horizonte), China (Hong Kong, Shanghai), Hungary (Budapest), South Africa (Johannesburg-Ekurhuleni), KSA (Jeddah) and Oman (Muscat).

 Chris has published various journal articles on the topics of “Airport Connected Development”, “Airport Cities” and “Innovation”, and chaired conferences around the world exploring these topics.  Chris acts as a key facilitator bridging the “Airport World” together with the “Commercial, Economic Development and Innovation Worlds” and is currently evolving an “Airport Development Product Council” for the Urban Land Institute (ULI).