Dewitt H. Smith III
PRESIDENT AND CEO
Dewitt Smith’s professional career spans five decades and covers a wide variety of commercial real estate disciplines including land development, construction, sales and leasing, asset and property management, financial analysis, and debt financing. He is currently a general partner in multiple limited partnerships which in aggregate owned in excess of $250 million of commercial real estate across eight states in the South and Midwest. Devereux Management provides asset management services to each of these partnerships and property management services to several.
Previously, Mr. Smith was president and CEO of Cooper Realty Investments where he managed a $450 million portfolio of Class A office, retail, mixed-use and warehouse properties. He was also a registered professional engineer for 35 years and has previously been licensed as a real estate broker in South Carolina and as a general contractor in Florida.
Mr. Smith holds a Bachelor of Science in civil engineering from the University of Arkansas and an MBA from Harvard Business School. He has served as an adjunct professor at the Walton School of Business at UA, where he taught economics at the undergraduate level and real estate finance and Investments in the MBA program. In his spare time, he has served on numerous non-profit boards both in NWA and statewide. He and his wife, Cindy, have two children and four grandchildren.