On November 14th, ULI Philadelphia Young Leaders will host the second annual Shark Tank.  We asked Stephen Mullin to share some insights and why he is excited to return to the panel.

ULI: What do you look forward most about this year’s Shark Tank event?

The opportunity to review and hear about interesting real estate development projects being considered in Philadelphia.

ULI: What are some of the driving factors that are affecting the Philadelphia real estate market today?

The attractiveness of Philadelphia to various groups. Population growth through immigration and diminishing net domestic outmigration, primarily reviving housing market.  Perceived business unfriendliness/tax and regulatory structure still acting as an anchor slowing investment and business growth far below potential.

Stephen P. Mullin Biography

Stephen P. Mullin is currently the President and Principal of Econsult Solutions, an economic consulting firm based in Philadelphia. Previously, Mr. Mullin served as Senior Vice President and Principal at Econsult Corporation. Mr. Mullin also served from 1993-2000 as Philadelphia’s Director of Commerce, chairing the Mayor’s Economic Development Cabinet. He served on the City Planning Commission, the Philadelphia Industrial Development Corporation, the Philadelphia Commercial Development Corporation (Chair), the Airport Advisory Board, the Convention and Visitors Bureau, the Historic Commission, the Port of Philadelphia and Camden, and the Penn’s Landing Development Corporation. Mr. Mullin also served as Philadelphia’s Director of Finance from 1992-93, during the City’s fiscal turnaround. He chaired the Municipal Pension Board and was a member of the PICA Board and the Pennsylvania Convention Center Authority Board.

Mr. Mullin is a cum laude graduate of Phillips Exeter Academy, a magna cum laude in Economics graduate of Harvard University, and earned an M.A. in Economics from the University of Pennsylvania. He has taught economics and public finance courses at Drexel University, UPenn’s Fels School, The Wharton School of Business, UPenn’s City Planning Department, Bryn Mawr