Memphis Talks Real Estate and Hope at Seminar
Memphis, Tennessee, buzzed with excitement on December 5, 2024, as community members gathered at the beautiful Memphis Botanic Gardens for a special seminar focused on both real estate forecasting and heartwarming fundraising efforts. The event brought together local heavyweights in real estate alongside Richard C. Shadyac Jr., the charismatic CEO of ALSAC, which is the fundraising and awareness arm of the world-renowned St. Jude Children’s Research Hospital.
A Blend of Business and Compassion
The seminar, part of the Commercial Real Estate: Review and Forecast series, featured a panel of three local real estate brokers: Jonathan Aur, Elliot Embry, and Michael Donahoe. They shared invaluable insights into regional market trends, while Shadyac highlighted the importance of community support in funding life-changing research and care for children facing serious illnesses.
Shadyac kicked off the event, captivating the audience with his passion for the mission of St. Jude. He expressed his gratitude for the community’s ongoing support, emphasizing how every dollar raised goes directly to helping families at St. Jude, ensuring that no child fights cancer alone. โItโs more than fundraising,โ Shadyac remarked, โitโs about giving hope and healing to children and their families. And every bit helps!โ
Real Estate Trends and Projections
As the discussion shifted to real estate, the local brokers took the stage, sharing their expertise on the current market landscape. Jonathan Aur discussed the growing interest in residential projects, pointing to a significant increase in housing developments that cater to young families and retirees alike. “Memphis is on the rise,” Aur noted, “and weโre seeing a surge in new construction and renovations across the city.”
Meanwhile, Elliot Embry painted a picture of the commercial real estate scene, reporting a steady demand for office spaces as companies continue to bounce back post-pandemic. โMemphis has become a business-friendly destination,โ Embry stated confidently. โWith great location and vibrant culture, investors are taking notice!โ
Michael Donahoe chimed in, shedding light on the importance of maintaining historical charm while fostering growth and innovation. โWe have a unique blend of history and progress in Memphis. Itโs crucial that as we develop, we also preserve the essence of our great city,โ Donahoe explained.
Uniting for a Cause
The seminar wasn’t just about numbers and forecasts; it was also about bringing together the community for a greater purpose. Attendees left inspired and eager to participate in upcoming fundraising events for St. Jude. Shadyac urged everyone to consider getting involved, whether it was through donations, volunteering, or simply spreading the word about the hospital’s mission.
And what better way to connect the real estate community with philanthropy than through a friendly challenge? Shadyac proposed a contest among local brokers to raise the most funds, promising some friendly competition to spark even more generosity among participants. โLetโs see who can rally the community best for these kids!โ he urged, drawing cheers from the audience.
An Evening to Remember
As the seminar wrapped up, attendees shared their insights and experiences, chatting about everything from local cuisine to their thoughts on Memphis’s bright future. There was a palpable sense of hope and excitement in the air.
In Memphis, the lessons learned during the seminar extend beyond just business; they remind everyone of the importance of community, compassion, and commitment. Hereโs to a future where innovative real estate meets the unwavering spirit of helping children in need!

Author: STAFF HERE MEMPHIS WRITER
The MEMPHIS STAFF WRITER represents the experienced team at HEREMemphis.com, your go-to source for actionable local news and information in Memphis, Shelby County, and beyond. Specializing in "news you can use," we cover essential topics like product reviews for personal and business needs, local business directories, politics, real estate trends, neighborhood insights, and state news affecting the areaโwith deep expertise drawn from years of dedicated reporting and strong community input, including local press releases and business updates. We deliver top reporting on high-value events such as Beale Street Music Festival, Elvis Week, and Memphis in May International Festival. Our coverage extends to key organizations like the Greater Memphis Chamber and the Memphis Convention & Visitors Bureau, plus leading businesses in logistics, healthcare, and music that power the local economy such as FedEx, St. Jude Children's Research Hospital, and AutoZone. As part of the broader HERE network, including HEREBristol.com, HEREChattanooga.com, HEREKnoxville.com, and HERENashville.com, we provide comprehensive, credible insights into Tennessee's dynamic landscape.


