2024 Thomas Delatour

Tom said before passing away that his love for sports, particularly basketball, led him to excel both on and off the court. Tom earned a basketball scholarship to the University of Texas at Austin, where he developed cherished lifelong friendships. Mr. Delatour earned a BBA degree in Accounting from The University of Texas at Austin in 1976.

Mr. Delatour is a past Chairman of the Urban Development/Mixed Use Council of The Urban Land Institute and is a past Trustee of The Urban Land Institute. He is a Co-Founder and past Chairman of the Advisory Council for the Real Estate Finance and Investment Center at The University of Texas at Austin and was a member of its Executive Committee. In addition, Mr. Delatour was a member of the Foundation Advisory Council for the College of Liberal Arts at the University of Texas in Austin.

Tom Delatour Obit

DELATOUR–Thomas Russell Jr. Our caring, loving, energetic Tom passed away Wednesday, February 7, 2024 at Baylor Hospital Dallas. He moved to Texas as a young child. Tom graduated UT with a degree in accounting and went to work for Peat Marwick Mitchell & Co. He then worked for Lincoln Property Company and later for RMB Realty as CEO. In 2006, he founded Century Bridge Capital in Beijing, China. In fall of 2022, he returned to Dallas. True to Tom’s giving nature, he donated his organs.

Tom’s energy, kindness, and achievements continue to inspire those who knew him. May he rest in peace. ???????? 1

Edited version Published by New York Times on Feb. 18, 2024.

Billy,

Thank you for posting about the loss of Tommy Delatour, a first-class individual who represented UT with honor, both on the basketball court and in the classroom.  I kept in touch with him sporadically over the half-century since we met in the early ’70s as fellow athletes and followed his ever-ascending career, first in the U.S. and later in China, with pride.  He was a razor-sharp accounting whiz who parlayed his professional expertise, business savvy and gentlemanly manner to great heights.  Requiescat in pace, my friend Tommy Delatour.   

I attach two clippings on Tommy (No. 24) from the 1974 Cactus.  I send them both as paper copies and photos depending on which translates more clearly to your website.

Jim Bayless

Mr. Delatour served as Vice President of Finance, Southeast Region, for Lincoln Property Company. Prior to joining Lincoln Property Company in 1981, Mr. Delatour was an auditor at Peat Marwick Mitchell & Co. (now KPMG)

Prior to co-founding Century Bridge, Mr. Delatour was Chairman and Chief Executive Officer of RMB Realty, Inc., overseeing the real estate investments of the Robert M. Bass organization.

In this role, Mr. Delatour led investments in Carr Realty Corporation, Paragon Group, Inc., Capstar Hotel Company and The Mendik Company, Inc. Mr. Delatour served on the Board of Directors of each of these companies. Carr Realty Corporation, Paragon Group, Inc. and Capstar Hotel Company each were subsequently taken public, while The Mendik Company was sold to Vornado Realty Trust.

In addition to investing in real estate operating companies at RMB Realty, Mr. Delatour oversaw the acquisition and disposition of approximately 5 million square feet of office buildings in mid-town Manhattan between 1998 and 2004, and was also active in the 1998 acquisition of numerous Japanese properties through Da Vinci I Corp. Y.K. In the early 1990s, Mr. Delatour oversaw the acquisition and disposition of 7 billion dollars in book value of real estate assets purchased from the Resolution Trust Corporation.

Horns UP!

.

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