About Michael Stevens Interests, Inc.
Michael Stevens Interests, Inc. is a real estate investment company whose mission is to own and manage real estate with a commitment to excellent service, honesty, loyalty, and integrity. Michael Stevens Interests was lead by Michael Stevens, the founder, chairman of the board, and president, and a team of experienced corporate officers. Michael Stevens Interests employs more than 150 people and currently owns and manages over 4 million square feet of rentable building area in 22 properties. Mr. Stevens was a member of the Houston Apartment Association Hall of Fame.
Founded in 1981 by Michael S. Stevens, the companies that now constitute Michael Stevens Interests, Inc. and its affiliates have acquired, developed, and operated more than 80 real estate projects (over 10,000 apartment units and 40 different commercial projects) valued at over a billion dollars and representing more than 10 million square feet of rentable building area. The company recently completed construction on two Class A apartment communities in Houston, Texas totaling 576 units and exceeding $50 million in cost. In addition, Michael Stevens led the financing and development of more than one billion dollars of public or non-profit projects in civic roles which include such major Houston projects as the conversion of the downtown Rice Hotel to the Rice Lofts, the 1,200 room Hilton Americas Convention Hotel, the Houston Astros Minute Maid Park, and the Houston Texans Reliant Stadium. As Chairman of the Building and Interiors Committee of Baylor College of Medicine, he led the development of many research, office, and clinic buildings as well as the new one million square foot hospital, clinic, and office campus currently under construction.
Michael Stevens was Chairman of Michael Stevens Interests, Inc., a real estate management company, which he founded in 1981. Since its inception, the company has developed, acquired and managed more than 80 real estate projects (over 10,000 apartment units and 40 different commercial projects) valued at over a billion dollars, and representing more than 10 million square feet of rentable building area. Currently, Michael Stevens Interests, Inc., and its affiliates, employ over 150 people and own and manage 22 properties representing over 5,000 apartment units and over 4 million square feet of rentable area. Mr. Stevens was a member of the Houston Apartment Association Hall of Fame.
Michael Stevens served on the Board of Directors/Trustees and Executive Committee of Baylor College of Medicine, the Greater Houston Partnership and the Governors Business Council. He also served on the Board of Directors of the Memorial Hermann Foundation and Texans for Lawsuit Reform PAC. He was Vice Chair of the Governors Business Council and Chairman of the Building & Interiors Committee for Baylor College of Medicine. He served on the State of Texas Sunset Advisory Commission and was appointed by Lieutenant Governor Dewhurst.
Stevens’ involvement in state and local transportation issues was extensive. He chaired the Transportation Task Force of the Governor’s Business Council, whose efforts led to the recent adoption of the Texas Metropolitan Mobility Plan by the Texas Department of Transportation. He served as Vice Chair of the Greater Houston Partnership Transportation and Infrastructure Advisory Committee. He was on the Executive Committee of the Gulf Coast Regional Mobility Partners, a Houston regional transportation planning and funding group of key business and political leaders. He also served on the Executive Committee of the Texas Urban Transportation Alliance, Inc., which is promoting urban transportation efforts statewide. He was appointed to serve on the Study Commission on Transportation Financing by Lieutenant Governor Dewhurst. He also served as a member of the Executive Committee of the Greater Houston Partnership's Travel Rate Improvement Project (TRIP 2000), responsible for the development of a congestion management plan for the Houston region.
In early 1995, Mayor Bob Lanier asked Michael Stevens to serve as the City of Houston’s first Assistant to the Mayor for Housing and Inner City Revitalization. Stevens' longtime involvement in the commercial real estate market in Houston, his talent in the financial arena, and his dedication to public service made him a natural candidate for the volunteer position. Stevens was the driving force under Mayor Lanier responsible for the major downtown revitalization currently underway. Downtown projects in which he has been directly involved include the renovation of the Rice Hotel, the development of the 1,200 room downtown Convention Center Hotel, the Astros new Minute Maid Field, the new Houston Texans/Rodeo’s Reliant Stadium, the new Houston Rockets/Aeros Toyota Center Arena, the Bayou Place Entertainment Complex, Midtown apartment development, the redevelopment of Gulfgate Mall, the demolition and reconstruction of Allen Parkway Village and the related Fourth Ward revitalization. These projects represent over $1.5 billion in new construction, 3,000 new downtown jobs, over 3,500 downtown housing units, and over 10,000 permanent downtown residents. Stevens is also credited with the creation of the Homes for Houston program which built, rehabilitated or improved over 20,000 units of affordable housing stock in the city of Houston during the Lanier administration. This program was hailed by then H.U.D. Secretary Henry Cisneros, as the number one affordable housing program in the United States.
Stevens served as the Finance Vice-Chairman of the Harris County-Houston Sports Authority through September 1999. He was responsible for structuring all financing as well as heading the negotiating team responsible for Minute Maid Field, Reliant Stadium, and the Toyota Center. He was appointed by then Attorney General John Cornyn as Regional Chair for Texas Exile, a gun crime initiative funded by the Governor's Criminal Justice Division. From 1995 through 1997 Stevens served as Chairman of the Houston Housing Finance Corporation, the Houston Redevelopment Authority, and the Fannie Mae National Advisory Council. He served on the Urban Center Advisory Board of the Brookings Institute. Stevens also served 5 years on the Houston Convention Center Hotel Corporation Board of Directors and as Chair of the Project Development Committee responsible for designing, building, and financing the 1,200 room hotel. He served on the Texas Task Force for Appraisal Reform and was appointed by Governor Perry.
In 1997 Stevens received the Galleria Chamber of Commerce’s "Community Award" recognizing his volunteer efforts for inner-city revitalization. In 2003 he received the Houston Area Pastor Council's "Faithful Citizenship Award". In 2007 he was awarded the Daughters of the American Revolution "Medal of Honor" for his service to his country and community.
Among his other volunteer positions, Stevens served as a Deacon at Second Baptist Church and was Chairman of the church’s Centurion Foundation, which televises the sermons of Dr. Edwin Young. The radio and television broadcasts reach a worldwide audience of over 1.25 million people per week. He also served as Chairman of the church's Building Committee for the Woodway Campus in Houston, Texas.
Stevens was a native Houstonian. He graduated from the University of Houston in 1973 with a Bachelors Degree in Business Administration. He was honorably discharged from the United States Marine Corps. He and his wife, Kim, have one daughter and three grandchildren.
Kim Stevens has stepped into the role of Chairman of the Board, and takes great pride in operating the successful company started by her husband. She is involved in every part of the business, and is focused on continuing to operate and grow Michael Stevens Interests, Inc. and the affiliated companies.
Tom joined Michael Stevens Interests in 2010 and currently directs all corporate financial functions including financial reporting, accounting, risk management, human resources and payroll, technology, corporate taxes, and property taxes. Tom also assists Kim Stevens in the execution of all company financing strategies and other related activities. Tom has over 28 years of business and real estate experience with senior management financial positions with Levcor Development Company and PM Realty Group in Houston, Texas and The Hillman Company and its’ affiliates in Pittsburgh, PA, Portland, Oregon and Kingwood, Texas. Tom obtained his undergraduate accounting degree from the Pennsylvania State University in 1979 and his master of Business Administration from Duquesne University in 1991. He also became a certified public accountant in the state of Pennsylvania in 1984. Tom and his wife Debbie have twin daughters and reside in Kingwood, Texas.