COBA alums Heath Beasley (’16) and Reagan Brown (’19) are working to make their communities more connected places to live. Brown and partner, Shane Seabolt, founded Clay Development Partners, while Beasley joined their team shortly after. Clay Development Partners is a Dallas/Fort Worth-based real-estate development company focused on the single-family build-to-rent sector of the housing and rental markets. Their mission is “focusing on what it means, and what it takes, to build a true sense of community.” The company strives to “create communities that are designed to promote a true sense of belonging and encourage daily neighborly interactions.”
They recently came to campus to speak with students in the Griggs Center’s CEO (College Entrepreneur’s Organization) weekly chapel about their real estate startup, sharing with students the reason for starting this particular kind of company, how they got started, as well as their previous work experience and how that helped them in this current endeavor. They also gave students a glimpse into their daily work life and how it is very different than what they’d imagined they’d be doing when they were ACU students themselves.
Beasley, with an undergraduate degree in accounting and a Master in Accountancy (’17), serves as the CFO of Clay Development Partners. He previously worked as a CPA for PricewaterhouseCoopers and for a year as the Development Officer for the ACU Athletic Department. Brown, who majored in accounting and finance, serves as President of Clay Development Partners having gained experience in the real estate market as a broker for Moriah Real Estate Company in Midland, TX and as a Development Associate for Republic Property Group in Dallas, TX. We asked Heath and Reagan to share a little about their work experiences and how their time at ACU influenced how they live out their own faith and the company’s mission with the people they come into contact with.
How does your faith impact your work?
Heath: I am reminded of God’s grace every single day I am in the office. When challenges arise in the workplace, my faith reminds me that He is in control. Our core job at CDP is to build neighborhoods and communities that are welcoming and accepting; we also believe this is our call as Christians. While we may fall short of this often, we strive to represent Christ in the way we carry out business.
Reagan: It has a huge impact. Every project we develop is focused on bringing people together. We try to design our projects in a way that allows the residents daily opportunities to connect and create meaningful relationships with one another. Ultimately, this opens the door for our residents to experience a kind of genuine fellowship that God wants for us.
Were there any big surprises when you entered the working world after college?
Heath: Honestly, there were not many surprises coming out of school as COBA did a wonderful job preparing me for the working world. However, I will say the biggest challenge when entering public accounting is getting used to the ever-changing work schedule. Some weeks I could work up to 80 hours while others I could work only 20. All the work can be taught and learned over time; however, I don’t think anyone every really gets used to the long hours. The long hours do pay off though as those years prepared me for the role I am in today.
Reagan: The world moves quickly, and it doesn’t slow down. I remember a professor at ACU that used to say “Time is money.” I didn’t think about it very much, but I do now.
How did your time at ACU shape your future?
Heath: ACU shaped my future because it provided me with relationships that will last a lifetime. It is rare for me to go a full week without connecting with at least one ACU alum in some form or fashion. Sometimes we are trying to do business together and other times someone is providing me insight and guidance. ACU is an incredible place, and I am blessed to have had the opportunity to attend. Without ACU, I would not be doing what I am doing today.
Reagan: While I would like to say I was an incredible student, I was incredibly average (ask my professors). When I think back on my time at ACU it was the relationships that carried the most weight. I connect and reconnect with ACU alumni on a weekly basis, many of whom were critical parts of us starting our company.
What advice would you give to current students to prepare them for their future? What should current students take advantage of while on campus to prepare for their future?
Heath: My advice and what to take advantage of are the same. While still on campus, meet and connect with as many ACU students as you can. For me, these friends were in my wedding, have given me dental advice, have represented my wife and I as we bought our first home, have travelled the world with me, have provided me insight and guidance on how to make strategic decisions, and have also partnered with me in business. Most importantly, I married one those incredible people I met while at ACU.
Reagan: Invest in relationships. Obviously, the coursework is crucial to your degree, but the relationships you invest in during your time at ACU will prove to be more valuable than anything else.
What is your favorite ACU memory?
Heath: It is tough to pick one, but I remember going on a road trip my sophomore year to play baseball against Arizona State and Arizona. It was memorable because we played in the last game at Arizona State’s historic Packard Stadium. The crowd was huge for the game, and it felt special to be a part of history. Later in that same trip we ended up beating the University of Arizona in Tucson, this was our first win against a power conference in our first year of being a Division I program. We did not win a lot while I was there so that win will always stick out to me as a great memory.
Reagan: Galaxy Sing Song (Sweep Song) 2019
Did you have a favorite professor? If so, who were they and why were they a favorite?
Heath: It is tough to pick one as all of them impacted me in a positive way. Dr. Little taught me how to not take things too seriously and how to identify the aspects of a business I should really focus on. Professor Fowler gave me real life examples of how companies apply accounting principles and standards. Dr. Stovall taught me how to operate a company ethically and to always do right even if it is not necessarily the easy route. Dr. Golden’s marketing class was the most fun I’ve had in a classroom. Dr. Taylor spoke about scripture with a conviction I have heard from few others.
Reagan: Professor Fowler was my favorite. Fowler once told me, “Someday you are going to be sitting in a meeting with your boss. Your boss will say, ‘Someone needs to go get some coffee.’ For the first few years of your career, your name is Someone.” Paying your dues early is important. I never forgot that.
What would you say to a prospective student who was trying to decide if they should attend ACU?
Heath: ACU is a place for people to stand out and to have a more personal education. The smaller classes give you a better opportunity to learn and interact with your professors while also making it easier to connect with your classmates as you all work through the same course track. I had classes with the same core group from my freshman year all the way through the graduate program. We all got comfortable studying together, encouraging one another, and learning from each other. ACU has a culture perfectly suited for someone who is looking to surround themselves with students/professors who will make them better.
Reagan: You won’t find a more well-connected community than ACU. I have various childhood friends who attended larger state schools, and they are consistently amazed at the amount of people I am able to connect with because of my time at ACU. It is a special place.
The vison of the College of Business Administration is to inspire, equip and connect Christian business and technology professionals to honor God and bless the world. As Heath and Reagan strive to live out that vision in their company, with the communities they are working to build and connect, and in giving back of their time and advice to current ACU students, we see that vision lived out in them. We’re thankful for alumni who seek to serve the world around them and make it a better place. As we tell our students, “Go change the world, Wildcats!”