Name Game
Last night, Houston's Reliant Stadium hosted the Final Four NCAA championship game, and one must wonder: "Who is Reliant?" Well, it is an energy company (no, not related to Enron) who I’m sure paid a boat-load for the stadium's naming rights. Every stadium, arena, and relevant theatre gets a name, and it's worth a bundle. Last week I attended a New York City Broadway show and settled into a comfy seat significantly funded by, and named for, a private benefactor. Development may be slow to recover, but as the tide turns, you can bet that big buck naming rights will continue to play an important part in the mixed-use development process. Corporate dollars are all about branding. Private dollars are all about legacy. Either way, it's good.

Tony LoPinto is a senior client partner and head of Korn//Ferry International’s Real Estate Practice and founder of SelectLeaders. The views expressed in this article are the author’s own.

Job Opportunities LOCATE A JOB

PALMER CAPITAL INC.
Capital Markets Partner
(SACRAMENTO) The candidate will be responsible for underwriting, marketing, structuring debt and equity, and the management of client relationships; among other duties.

Continue Reading for Free

Register and gain access to:

  • Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.