NexMetro has emerged as the industry's pre-eminent single family rental developer with a diverse executive team whose expertise in business, real estate and finance span both the multi-family and single family sectors
Our founder's vision of building a best-in-class company is embraced and inspired by the NexMetro executive team and board of directors who have more than 300 years of collective experience in the development and operation of nearly $4 billion in real estate projects.
Josh brings more than 20 years of real estate management and development experience to NexMetro, having worked with both private regional developers and large public national homebuilders. He is responsible for the development and implementation of both short-and long-term company strategies to ensure NexMetro's growth, effectiveness, sustainability and overall investor return. His influence is reflected in the highly entrepreneurial spirit and high standard of execution of the organization. Alongside his business partners and company founders, Josh has innovated a new housing lifestyle of detached, professionally managed, rental home neighborhoods, by creating places that people are excited about and want to call home.
Prior to joining the NexMetro team, he oversaw land operations for the Phoenix division of PulteGroup, Inc., managing $2.4B of capitalized assets and over $100MM in annual cash flow for acquisition and development of land assets. His efforts supported more than 40 individual sales efforts through the delivery of 1,000+ home sites per year in twelve municipalities across the Phoenix metro area.
Josh is a frequent speaker and panelist on a broad variety real estate topics with industry groups suchg as ULI, NMHC, and IREM. His experiences in both the multi-family and single family industry offer a unique perspective on the future of housing. Josh is a registered Professional Engineer (Civil), and attended the University of Wisconsin at Madison.
Richard Van Wert leads debt and equity capital formation to support the strategic plan for NexMetro, as well as oversight of the investment process from land acquisition, property operations, asset management to disposition. In his 25+ years extensive experience working with capital partners, he has spearheaded $3 billion in real estate investments in leadership roles at Realty Mogul, Newbury Capital Management, LaSalle Investment Management and BlackRock. He obtained a B.S. from UC Berkeley and an MBA from The Wharton School.
Mary Tanner is an executive leader with 20 years of experience in real estate development/property management. Ms.Tanner directs all aspects of NexMetro's accounting operations and financial reporting, as well as strategic and tactical matters relating to budget management, financial planning, cost benefit analysis, forecasting and securing new funding. Prior to joining the NexMetro team, Ms. Tanner was with FirstService Residential and served as vice president, CFO and controller with CB Richard Ellis and The Breeden Companies in Norfolk, VA. She received her B.S.B.A degree from Old Dominion University and is a Certified Public Accountant.
Jacque Petroulakis oversees marketing initiatives and brand strategy, responsible for positioning Avilla Homes as an innovative housing option for consumers seeking a luxury leased living experience like no other. In addition to driving brand affinity and vision, she oversees NexMetro's investor relations and strategic communications. Jacque has 20+ years of homebuilding experience from corporate communications and marketing, to zoning entitlements and government relations. Formerly with PulteGroup and Del Webb, she was involved in the start-up, brand development and strategic marketing for large-scale master planned communities, including serving as president of the community council of the 12,000-unit Anthem MPC. She attended the University of Arizona, majoring in Journalism and Spanish.
Linda Coburn oversees NexMetro's portfolio of more than 2,200 units across multiple regions, leading and collaborating with asset management partners and their teams on property performance, controlling costs and building revenue. Ms. Coburn brings more than 25 years of experience in the multifamily industry. She formerly led a diverse $520 million portfolio for Mark-Taylor Residential owned and operated communities; and was with Equity Residential where she held various positions including regional manager. She is active in the multifamily industry, serving on the Arizona Multifamily Association Board and key industry committees.
Brian Rosenbaum is responsible for the development, growth and profitability of NexMetro's Phoenix Division, with oversite of construction operations, acquisitions and vendor relationships. Brianhas more than 20 years experience in the metro Phoenix real estate and land development field, serving as senior vice president with Lennar Homes overseeing the development of more than 20,000 lots and responsible for planning, entitlement, development and operations. He also was the principal of Vermilion Group, specializing in bank receivership, property management, property inspections, construction management and risk evaluation.
Reed Ruck is responsible for the development, growth and profitability of NexMetro's Denver Division, with oversight of construction operations, vendor relationships, local acquisitions and new market expansion. Reed's career in the development and construction industry spans 23 years, primarily in the developer driven integrated design-build environment. He was most recently managing director for Holland Partner Group, where he provided leadership, oversight, and mentoring for the Colorado development and construction team. His high quality project portfolio includes multifamily, office, retail, and industrial projects across the nation.
Ryan Griffis is responsible for the development, growth and profitability of NexMetro's Dallas Division, with oversite of construction operations, acquisitions and vendor relationships. Ryan has heldprimary roles in the development and construction of over $500 million of LIHTC, bond, luxury, and student housing multi-family developments, with his development teams ranking in the Top 25 Multifamily Builders nationally four times in his roles with ERC Development Group and Place Properties. He developed the first significant student housing development serving the University of Arkansas garnering prestigious awards for its low impact design.
A results-driven, accomplished executive with extensive leadership experience in operations, accounting, finance, human resources, information technology, marketing, and administration. Demonstrated initiative, work ethic, and drive to lead strategic projects effectively partnering with cross-functional stakeholders to achieve corporate objectives.
NexMetro's is inspired by seasoned board of directors with a keen business acumen and entrepreneurial spirit
Our board members have vast industry knowledge and unique expertise to provide oversight and management of NexMetro to ensure the company's prosperity, while meeting the interests of our investors, business partners and customers. Committed to NexMetro's core values, the board collectively directs the company's affairs by providing sound judgment, relevant context, wisdom, courage, motivation and mentorship to the organization.
Ken Abrahams has been an owner, principal, investor, and founder of multiple business enterprises over 35 years. As a real estate professional Abrahams was a founding partner of Diamond Ventures, Inc., one of Arizona's largest real estate firms with over $1.3 billion in assets. He directed real estate portfolio activities for the firm including land acquistion, planning, entitlement and development of a wide range residential, commercial and industrial real estate assets in diverse geographic markets. Through the practical integration of team building and keen implementation skills, he has consistently and successfully executed the project vision and delivered strong financial results.
By nature, Abrahams is a "builder" who recognizes the importance of strategic thinking tempered by practical realities, forging market based solutions that can adapt to changing conditions. He is a strong leader, skilled in the assembly and management of highly qualified teams of professionals capable of efficiently implementing the plan and reaching established goals on a timely basis.
Abrahams is a member of the Urban Land Institute and numerous other industry organizations committed to real estate industry best practices.
G.S. Jaggi received his MBA from The University of Texas at Austin before co-founding and serving as the only President and CEO of First Magnus Financial Corporation. The largest privately held residential mortgage bank in the country, this mortgage originator grew from a two-employee, Tucson-based firm to a 6,500-employee, nationwide firm originating $30 billion per year in new mortgages before the great recession compressed the industry. Jaggi originates equity funds from private individuals and trusts through Iridius Capital LLC.
An active multifamily real estate investor and financier, he has been involved in origination and subsequent execution of the luxury rental home neighborhood product. He has a keen awareness of the residential financing industry from both the consumer and capital perspectives.
Jaggi brings 15 years of entrepreneurial experience and a successful track record in each of Iridius Capital's investment domains. He also was a founder of Trinity Partners, Inc., a business process outsourcing company that was sold to WNS Ltd. (NYSE: WNS). Over the past 10 years, he has raised well over $100 million for various investment projects, with over $100 million raised in the real estate sector.
Marc Sandroff has 30 years of business experience as an entrepreneurial executive, management consultant, private equity and real estate investor. An organization builder with keen management skills and insights, he has worked with or led more than 80 companies as a principal, almost all of which confronted significant change. Some of these companies were on the path to important revenue growth, while others were under-performers. Many of these experienced rapid growth, dominated their markets and were successfully sold to major corporate entities or completed their initial public stock offerings and become publicly traded entities.
With Sandroff's knowledge of the capital markets and how value is created and realized, his skill has benefited numerous financial institutions including major banks and private equity firms. He has raised well over $1.5 billion in riskcapital for entrepreneurial ventures in which he has participated. A practical business leader, he recognizes the need to develop common-sense strategies, then join or lead the team responsible for implementing them.
He has worked in a variety of diverse business situations. Consequently, he has a keen appreciation for matching management skills to the challenges of a specific business and industry, and for working in partnership with his clients.
Robert Fortuno is a business lawyer based in Tucson, Arizona, representing investors, entrepreneurs, and their companies with expertise in areas, such as LLCs, corporations, partnerships, venture capital, private equity, acquisitions and sales of private companies and commercial real estate transactions.
Some of Mr. Fortuno's more notable clients include Arbico Organics, online retailer of natural and organic products, Brake Masters auto repair shops, business and real estate investment company, Diamond Ventures, as well as Arizona's oldest real estate firm, Tucson Realty & Trust Co.
Mr. Fortuno has been practicing law since 1979. He has been a partner in a leading Tucson law firm, general counsel of several real estate development firms, and an investor in several software and technology companies. He has received the top Martindale-Hubbell rating of AV Preeminent since 1995 and has been listed in The Best Lawyers in America for real estate law since 2001.
Mr. Fortuno is a graduate of Pomona College and the University of Arizona College of Law.
Dr. Howard Rossman is the Vice Chairman of Mesirow Financial Holdings Inc. and the founder and past CEO and Chairman of Mesirow Advanced Strategies, Inc., one of the largest fund of hedge funds in the world. In those roles, he was a member of the investment, executive and management committees and responsible for all aspects of organizational management, including due diligence, strategic analysis and planning and market development. As the author of many articles on alternative strategies, Dr. Rossman has spoken at numerous conferences on non-traditional investing and asset allocation and has been a recognized leader in the hedge fund of funds business for over 25 years. Dr. Rossman continues to provide strategic guidance to Mesirow Financial and its subsidiaries.
Dr. Rossman is also the Founder and President of the Civic Leadership Foundation which focuses on developing programs that help youth successfully navigate important transitions from middle school to high school, high school to college, school to work, and from the juvenile justice system to school and work. By combining effective development of positive relationships with community-based, youth-led projects, their programs increase youth engagement and sense of empowerment. With a background in psychology and deep experience in organizational leadership and entrepreneurship, Dr. Rossman has provided guidance to the strategic development of CLF's programs and operations.
He received an A.B. in sociology from Princeton University, an M.A. in educational psychology from the University of Oregon and a Ph.D. in counseling psychology from The California Institute of Integral Studies.