Bank of Texas Speaker Series: A Fireside Chat With Dallas City Manager Kimberly Bizor Tolbert

TREC’s mission is to cultivate relationships in the commercial real estate industry, catalyze community investment, influence public policy, propel careers, and develop the leaders of tomorrow.

We believe relationships are the lifeblood of career success, community investment, and civic responsibility.

Meet Our Speakers

Kimberly Bizor Tolbert

Dallas City Manager

Bio

Kimberly Bizor Tolbert was appointed Dallas City Manager on January 22, 2025, after serving as Interim City Manager since May 2024. Tolbert previously served as Deputy City Manager and Chief of Staff since rejoining the City of Dallas in 2017. As City Manager of the 9th largest city in the country, she oversees a budget of $5.2 billion and a workforce of 13,000-plus Dallas team members. She is the first African American female to serve as Dallas City Manager, and the only woman leading a top ten city in the United States with a council – manager form of government.

Tolbert brings a strong business acumen and a commitment to making Dallas more responsive, accountable, open and honest for its 1.3 million residents. Upon assuming the role of Interim City Manager, she launched an ambitious 100-day plan to address immediate improvements. Within her first 45 days, she led a citywide realignment, streamlining and reimagining functions, resulting in $13 million in savings and enhanced cross-departmental collaboration.

She is fostering a culture of customer-centricity through the principles of Connect, Collaborate, and Communicate, driving the City team to deliver Service First with the urgency of Now! She is passionate about Dallas’ evolution into a globally recognized city, with a thriving and inclusive community that sets the standard for excellence through innovation, efficient government, and targeted economic growth. The Dallas Business Journal recently named her as a Texas 100 – headliner to watch in 2025.

Some of Tolbert’s notable achievements include delivering a balanced biennial FY 2024-25 budget, the largest single-year property tax rate reduction in modern history and closing a $38-plus million revenue shortfall. She also led negotiations to bring the Dallas Wings basketball team and all women’s soccer team, Dallas Trinity FC, to the City of Dallas. The Wings are projected to produce a $15 million impact over 15 years, and Trinity FC, $4 million over five years. Tolbert is also an advocate for public/private partnerships. As Interim City Manager, she leveraged roughly $200 million in infrastructure investments within her first six months to champion communities that have not historically benefited from the City’s economic growth and social vibrancy.

A transformational, results-driven leader, Tolbert is a Texas native, who has lived in North Texas for over 40 years and has 30-plus years of public sector experience. She holds a Master of Public Administration and a Bachelor of Arts in Political Science from the University of North Texas, is a graduate of the Bloomberg Harvard City Leadership Initiative, and an International City/County Management Association Credentialed Manager (ICMA-CM).

MODERATOR

Rick Perdue

President, Rosewood Property Company
2025 TREC Chairman

Bio

Rick Perdue serves as President of Rosewood Property Company, bringing with him more than 25 years of real estate experience. With this expertise, he guides the firm’s strategic vision and oversees the various asset classes, including office, retail, multifamily, self-storage and industrial. Throughout his career, Perdue has managed the development, acquisition, and disposition of several million square feet of real estate. Prior to leading Rosewood Property, he served as a market leader with Mill Creek Residential as well as head of acquisitions and development with Tonti Properties. Perdue received a Bachelor of Civil Engineering from Auburn University and an MBA in Finance from Tulane University. He is a Chartered Financial Analyst (CFA) charterholder and a Texas-licensed real estate broker. Perdue serves as a board member for The Real Estate Council of Dallas (TREC), where he previously served as Chairman of the Associate Leadership Council (ALC) program. He is also an active member of the Urban Land Institute (ULI) and a founding Board Member of The Loop, an organization tasked with connecting Dallas’ trail system. Perdue is an Adjunct Professor at the Cox School of Business at Southern Methodist University (SMU), teaching a real estate development course to MBA students.

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Corinth Properties
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