Couverture de The Memo

The Memo

The Memo

De : Ricardo Chamorro
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The inside memo on how commercial real estate is actually adopting AI. Each week, we talk with the owners, operators, lenders, brokers, developers, and technology leaders turning AI from boardroom discussion into business process. From leasing and asset management to acquisitions, property operations, credit, construction, and investor reporting, we unpack what’s working, what’s changed, and what CRE still won’t trust AI to touch.© Examen Inc. 2026 Economie
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  • Smelling the Gunpowder with Mark Conroe
    Sep 11 2026

    AI can translate a 90 page Spanish contract in three minutes, then tell you to hire a lawyer anyway. Mark Conroe, Managing Partner and Founder of Presidio Development Partners, has spent 40 years developing apartments, hotels, office, and retail across the Bay Area, building Cisco's and Adobe's first campuses and running two national companies before starting his own firm. He tells Ricardo Chamorro where AI gets him fast, where it sends him down dry holes, and why the last mile still runs on wisdom, experience, and knowing how to read a room.


    Chapters:

    00:00 The next lifetime: gratitude and coming back to the start

    01:20 Meet Mark Conroe: 40 years of Bay Area development

    02:10 From Stanford engineering to real estate, and Silicon Valley before the name

    03:44 Why real estate is slow to adopt new technology

    04:35 Building Cisco's and Adobe's first campuses

    05:51 Comparing development in Boise and San Francisco

    06:46 The technology waves that changed the work: calculators, cell phones, email

    08:20 Recorded meetings, litigation, and letting AI into everything

    09:57 Handwritten spreadsheets and hidden errors

    10:43 The Baja land deal: 90 pages of Spanish and the lawyer he still hired

    12:19 The last mile problem: getting to 8 out of 10

    13:03 Backcasting a dock approval to test how AI thinks

    14:54 Average answers versus the exception, and smelling opportunity

    16:10 Can the next generation earn wisdom AI can't give them?

    17:10 Who gets supercharged and which jobs stay human

    18:52 Where Mark finds the most time savings day to day

    20:12 The chainsaw joke: integration and implementation

    21:52 Going paperless first, and cutting off hundreds of vendors

    23:19 San Francisco's boom and bust economy

    25:02 Living through the downturns since 1985

    28:04 Why the last San Francisco crash was self induced

    29:45 Starting Presidio Development Partners and the entrepreneurial itch

    33:09 The cultural shift toward entrepreneurship

    35:16 What Mark would tell a 25 year old starting today

    39:28 Catching the apple before it hits the ground

    41:21 Data centers, taking a position, and playing the long game

    43:41 A contrarian AI take for firms that want to go paperless again

    45:58 Smelling the roses versus smelling the gunpowder

    47:22 The balancing act: check the work or fall behind your peers

    49:10 The fastest way to get fired: handing off raw AI output

    51:44 The next lifetime and what still brings Mark back to the table


    Learn more about Presidio Development Partners:

    Website - https://presidiodp.com

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    56 min
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