Douglas W. Schnitzer
Chairman & Chief Executive Officer
Douglas W. Schnitzer is Chairman and Chief Executive Officer of Senterra LLC, a holding company consisting of acquisitions and developments of a geographically diverse real estate portfolio including multifamily, industrial/flex office, self-storage, and an international luxury residential development, as well as luxury automotive dealerships and multiple operating companies.
One of the Schnitzer family’s most visible assets was its ownership in the 4.3 million square foot mixed-use development project known as Greenway Plaza. Mr. Schnitzer was responsible for all facets of ownership and operations prior to negotiating and structuring the sale of Greenway in October 1996 to Crescent Real Estate Equities Company, a publicly traded REIT founded by Mr. Richard Rainwater.
Mr. Schnitzer, through Senterra, developed the luxury residential community in Los Cabos, Mexico known as Villas Del Mar. The approximately $1 billion development adjacent to the famous One and Only Palmilla Hotel is approximately 95% complete. Villas Del Mar sets the standard for luxury resort living throughout Mexico with over 200 homes ranging from $3 million to in excess of $20 million.
Mr. Schnitzer is a founding partner in Park Place Motorcars, which was one of the largest privately held luxury automotive groups in the United States prior to its sale in August 2020. Mr. Schnitzer retained his interest in several dealerships which now operate under the name Avondale Group.
Mr. Schnitzer served as a member of the Board of Trust Managers for Weingarten Realty Investors from 1985 to August 2021. Weingarten was a publicly traded real estate investment trust listed on the New York Stock Exchange, which was sold to Kimco Realty in August 2021 for approximately $4 billion. Mr. Schnitzer is also a member of the Memorial Hermann Foundation Board and the Memorial Hermann Health System Finance Committee.
Mr. Schnitzer is a native Houstonian and graduated from the University of Arizona with a Bachelor of Business Administration Degree.