Career (in) development: building success in commercial real estate
"I was drawn to Goizueta for a few tangible and intangible reasons."
After earning his undergraduate degree in finance and Spanish at University of Notre Dame, Fogarty returned home to the Tampa area to begin a career in banking. Allured by the idea of traveling for work, he then joined a premier accounting consulting firm.
When Fogarty noticed an explosion of development in his region of Florida, he took an interest in the commercial real estate sector: so much so that he decided to redirect his career. He researched MBA programs all over the the southeast.
“I was drawn to Goizueta for a few tangible and intangible reasons,” he said, one of which is pride in his mother’s Cuban heritage — and her connection to the school’s namesake.
“My mother grew up down the street from [Roberto C. Goizueta], and she spoke of him highly,” Fogarty said of the former Coca Cola CEO. “He’s the most prominent Cuban American business leader, and his legacy was special to me.”
While Goizueta didn’t have an MBA specifically specializing in real estate at the time, the idea of being in Atlanta — the hub of the southeast United States — also appealed to him.
After earning his MBA, Fogarty joined real estate development firm Trammell Crow Company. Throughout the following years, he held executive leadership positions there and at other commercial real estate and property management firms and, in 2017, opened his own: Clover Investment Properties LLC.
“[At Goizueta] I created a very strong network — across the country and in Atlanta and Tampa — and I rely on it on a daily basis."
In the meantime, Fogarty knew commercial real estate was becoming a more sought-after career path; he was also aware of the value practitioners bring to the classroom. He developed and taught a course at Goizueta, something he continued to do even after relocating back to Florida.
“[Teaching at Goizueta] is one of the most rewarding parts of my life; I wanted to keep an association with Emory and continue to do what I love, so I commute one semester each year,” he said.
Fogarty felt a kinship with Goizueta before he even set foot on campus, and once he started that feeling only strengthened. From his first elective class — entrepreneurship with Charles Goetz — to finding mentors, lifelong friends and business associates, he says his experience was rewarding. Between teaching and staying active with fellow alumni, he’s still celebrating his connections to Goizueta.
“[At Goizueta] I created a very strong network — across the country and in Atlanta and Tampa — and I rely on it on a daily basis,” he said.
Strong family ties are also important to Fogarty. His children are four of sixteen first cousins, most of whom live in the Tampa Bay area — and many of them have kids. So it wasn’t just a good business decision for Fogarty, his wife and four children to settle back in the Gulf Coast; it also means frequent family gatherings. Invested in his community, Fogarty serves on school and parish boards and volunteers his time with the Urban Land Institute West Florida Chapter, an organization dedicated to smart land use.