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Walt Smith - Chief Executive Officer
Walt leads the overall operations and board of director efforts for Riverstone Residential Group. Riverstone manages a portfolio of assets valued at more than $14 billion for leading institutions, pension funds, developers and other major owners. Located in metropolitan markets across the nation, the more than 650 managed properties include high-rise, mid-rise, and garden-style communities.
Walt has been in the property management industry for 23 years. He was one of the three founding principals of HSC Real Estate, serving as its president from 2001 until it was acquired by Riverstone Residential Group in 2008. Walt is a member of IREM and the Washington Chapter of the National Apartment Association. He graduated from Montana State University with a degree in Communications and lives in Seattle, Washington with his wife and three children.
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Terry Danner - President, CPM ®
Terry Danner, the company’s president, is responsible for property operations and furthering the company’s strategic initiatives in managing more than 160,000 apartment homes across the country. His expertise continues helping establish Riverstone Residential Group as a world-class property and asset management company. Terry also leads the corporate marketing and research efforts, including branding, advertising, public relations, and online presence.
Partnering with Christy Freeland in 2006, Terry established Riverstone Residential Group through a buyout of Trammell Crow Residential Services. While at Trammell Crow, Terry served as president and chief operating officer, responsible for the South Central region.
He graduated from Georgia Tech with high honors, earning a bachelor's degree in chemical engineering, and also earned a master’s of business administration degree from the University of North Carolina at Chapel Hill. He is a Board Member at Large of the National Apartment Association.
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Maura Bilafer - Division President, East
Maura Bilafer oversees a portfolio of more than 40,000 apartment homes in more than 150 properties in the mid-Atlantic, Northeast, Midwest, Southeast, and Florida regions for Riverstone Residential Group. From garden-style to high-rise apartments, Maura's experience includes construction, lease-ups, financially and physically stressed assets, and mixed-use properties.
Maura has more than 20 years experience in the multifamily industry, the past 11 years with Trammell Crow Residential Services and Riverstone Residential Group. Maura previously worked in the asset and property management divisions at NHP/Aimco and Boston Financial Group.
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Stephanie Brock - Division President, Central
Stephanie Brock oversees a diversified residential portfolio that includes nearly 35,000 apartment homes and approximately 125 communities of high rise, mid-rise and garden-style apartments in Colorado, Texas, Utah, Illinois, Kentucky, Missouri and Louisiana.
Stephanie has more than 20 years of experience in the multifamily industry and has been involved in the successful lease-up of more than 50 new apartment communities. Stephanie has been with Riverstone Residential Group since its inception. Previously, she had worked with Trammell Crow Residential Services where she was instrumental in reestablishing market presence in Houston, Denver and Phoenix.
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Mike Dow - Division President, West
Mike Dow brings more than 25 years of real estate experience to his role as president of Riverstone Residential Group's West division. As division president, Mike works closely with property owners and operational teams to achieve strategic revenue goals and ensure an exceptional experience for clients and residents.
Holding ultimate responsibility for achieving aggressive operational objectives and delivering optimal occupancy and net operating income, Mike's responsibilities extend to more than 400 properties comprising approximately 70,000 apartment homes across the western region including California, Washington, Oregon, Nevada, Arizona, Idaho and New Mexico.
Since joining Riverstone Residential Group in Fall 2008, Mike has built a world-class executive team and secured more than 8,500 units of new business throughout the division.
In his most recent role—as chief operating officer of FPI Management—Mike was responsible for a 50,000-unit portfolio covering California, Washington, Oregon and Nevada. He also previously served as president of Group Interland Management Corporation, a real estate investment and development company based in San Francisco.
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MarySusan Wanich - Chief Operating Officer
MarySusan Wanich is the chief operating officer of the operational support group consisting of property services, human resources, quality assurance, compliance, regional maintenance, business services, program implementations, and performance metrics. She is the broker of record in 11 states and the District of Columbia.
MarySusan has been active in the real estate industry since 1982, and began her tenure at Riverstone Residential Group in 1997. She has experience in conventional, affordable, student and senior housing, condo management, and real estate sales.
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Laurie Brashear - Chief Human Resources Officer
As Riverstone Residential Group’s chief human resources officer, Laurie Brashear is responsible for leading all human resources efforts. Her scope of responsibility includes associate relations, benefits, compensation and career development.
As an executive in human resources for more than 20 years, Laurie has previously held the same title with similar responsibilities on a global scale with Stream, a 15,000-employee contact center outsourcing company. She was also formerly director of global human resources for Software Spectrum, and had significant international and domestic responsibilities at the Aluminum Company of America (ALCOA) and Mary Kay, Inc.
Laurie holds a bachelor's degree from Wittenburg University in Springfield, Ohio.
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Barb Erhart Bryant - Chief Financial Officer
In her role as chief financial officer, Barb Bryant holds responsibility for accounting, information systems, investor relations and treasury functions for Riverstone Residential Group and its parent company, CAS Partners.
Barb came to CAS Partners in February 2009 with more than 31 years of financial and operational experience. She has been active in the real estate sector since 1995. Over the course of her career, Barb has completed more than $775 million in interim, permanent and line financings and managed all facets of real estate development.
Most recently Barb served as the Staubach Company's managing director of finance and operations in its capital markets division; and she previously served as CFO of RM Crowe Company, a regional real estate owner and management group.
Barb earned a bachelor's degree in accounting from Texas A&M University, graduating magna cum laude. She is also a certified public accountant.
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Pål Ottesen - Chief Administrative Officer
As the chief administrative officer, Pål is responsible for the client accounting department and the information systems department.
Prior to joining Riverstone Residential Group, Pål was a principal of HSC Real Estate, Inc. and has been in the real estate industry since 1991. During his 17 years with HSC, Pål gained experience in all aspects of property management; the last 8 years he was responsible for all operations of HSC’s 35,000-unit portfolio. Since the acquisition of HSC by Riverstone in 2008, he has served as the chief operating officer of the West division.
Pål graduated cum laude from Washington State University with a Bachelor of Arts in Business Administration.
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Mel Barks - Chief Performance Officer
As chief performance officer, Mel has responsibility for corporate and property metrics, process management, and customer satisfaction (client/resident/associate.)
Mel joined Riverstone Residential Group in 2007. She has been affiliated with the UK parent company, CAS Partners, since 2005 and moved to Dallas from the UK to work in the property management services area of the organization. Prior to joining CAS Partners, Mel held various executive positions within UK third-party real estate firms, with responsibilities including oversight of property accounting and integration of acquired businesses into standardized accounting environments.
Mel has over 20 years of real estate experience and was instrumental in the integration of systems and procedures for the CAS Partners portfolio of properties totaling $600 million in revenue.
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Maitri Johnson - Executive Vice President, Property Services
As executive vice president for the property services group, Maitri is responsible for the oversight of all property marketing and training efforts as well as Riverstone’s National Practices, the platform through which all operations are performed and measured.
With 24 years in the multifamily industry, Maitri has been with Riverstone since its inception, coming from the Trammell Crow Residential Services transition. She spent the prior 13 years with Dinerstein Companies, a Houston-based management company. Prior to multifamily, Maitri was with Smith-Kline Beecham Pharmaceuticals, operating in its global headquarters in Brentford, England.
Maitri is active in the industry, currently serving on the Board of Directors for the National Apartment Association (NAA) and National Apartment Association Education Institute (NAAEI), Vice Chair for the NAAEI, Member of NAA’s Lease Advisory Committee and past member of Houston Apartment Association’s Board of Directors. She is a sought-after industry expert for presentations at national conferences. Maitri’s formal education is from the University of London, majoring in Journalism.
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Gardner Rees - Executive Vice President, Business Services
As executive vice president, business services, Gardner Rees is responsible for originating and implementing corporate acquisition activities, from transaction analysis through due diligence and operational integration. Gardner Rees oversees Riverstone Residential Group’s business services group which includes, purchasing services, utility services, client and resident insurance services, screening services, and receivables services.
Gardner has extensive experience in the acquisition of multifamily residential real estate companies and property assets. Immediately prior to joining Riverstone Residential Group, Gardner was a principal of Stratus Real Estate in California. He also served as a vice president for an international investment bank and was involved in the acquisition, recapitalization and corporate restructuring of a number of Fortune 100 companies.
Gardner has a bachelor's degree from the University of Western Ontario and an MBA in corporate finance and information systems from York University.
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Patricia Bowen - Executive Vice President, Compliance Services and Quality Assurance
As executive vice president of compliance services, Patricia is responsible for the oversight of all Tax Credit, HUD Mortgaged, and State and Federally subsidized units, and ensures that these communities operate within their regulatory guidelines. She is also responsible for our internal audit department which monitors the business and financial activities to maintain compliance and manage within Riverstone’s National Practices.
Patricia has more than 25 years of leadership experience and prior to joining Riverstone spent 14 years with NHP/AIMCO. She held positions in affordable operations leading process improvement, program development and compliance services, and has experience in managing market rate, affordable and senior housing assets. Prior to AIMCO Patricia spent 15 years in the healthcare industry.
Patricia attended the University of Phoenix for a Masters Degree in Organizational Management, holds a Bachelor of Arts in Human Resource Management from Colorado Christian University and an Associates in Applied Sciences from California College of Health Sciences. She currently serves as a member of the NAA Affordable Task Force, is an active member of NAHMA, and is certified as a Tax Credit Specialist and an Occupancy Specialist for Section 8 housing.
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