Younger Partners’ Kathy Permenter and Michael Ytem selected for 2024 TREC Executive Committee
Congratulations to Younger Partners’ Co-Managing Partner Kathy Permenter and Senior Vice President Michael Ytem for their selection to The Real Estate Council (TREC) 2024 Executive Committee. TREC is the state’s largest real estate organization, representing more than 600 companies and 95% of North Texas’ commercial real estate industry. Executive committee members provide the expertise and leadership that support the growth of TREC, the Dallas real estate industry and the development of the area’s most underserved communities.
Kathy has more than three decades of commercial real estate industry experience and has been involved with Younger Partners’ overall strategy, vision and growth since its inception in April 2012.
Kathy has served on the TREC Programs Committee and joined the Board of Directors in 2022. As an executive committee member, she will serve as programs chair leading the way for the TREC Speaker Series.
“What I enjoy about TREC is the high level of exposure it has with every company that touches real estate,” she said. “We started this year with a Speaker Series called ‘A Global Perspective.’ We had a great panel talking about events going on globally that affect us locally.”
Joining Kathy on the executive committee, Michael will serve as the Associate Leadership Council (ALC) Class Representative. The ALC program is designed to inspire and educate future commercial real estate leaders in Dallas-Fort Worth. Michael graduated from the 10-month program in 2023, where he participated in monthly leadership development programs and lunches, received personalized executive training, and implemented a community investment project.
Michael focuses on land transactions including development opportunities and long-term holds. A consistent top producer at the company and industry award-winner, he has brokered more than 800 acres of sales totaling some $92 million. He was selected as a D CEO Power Broker from 2019 to 2022 and named a finalist in the 2023 D CEO Emerging Commercial Real Estate Professional of the Year.
“ALC is one of the best opportunities someone in this industry can do for themselves,” said Michael. “Being an active member in this organization has opened the door to a tremendous number of possibilities by connecting me with several folks of the same mindset and objectives in life. It goes beyond what the industry can do for you and allows you to tap into a cause much greater than what you stand to gain.”