Dan Pryor has broad experience in real estate investing and bulge-bracket investment banking. He managed and repositioned a mixed-asset real estate portfolio with properties located primarily in Arizona, Texas, and the New York metropolitan area delivering to Investors an IRR of 34%, net of corporate costs. In contrast to the many blemished records of numerous real estate funds, Mr. Pryor’s conservative investment style served Investors extremely well during the April 2004 – December 2006 time period when he managed a diversified real estate portfolio. While he evaluated asset acquisitions during this time period, he correctly reasoned that pricing in the commercial real estate industry was generally well in excess of intrinsic value and recommended in September 2005 the sale of the portfolio. Mr. Pryor also has extensive institutional financial experience as an investment banker with Lehman Brothers and Salomon Smith Barney (now Citigroup). As a corporate finance investment banker for 11 years, he initiated and completed many capital markets transactions including public and private equity and debt offerings in the U.S. and Europe. Mr. Pryor, a graduate of Yale University (1993), was a Clinical Assistant Professor at NYU’s Schack Institute for Real Estate in the university’s Master’s Degree program, where he taught real estate finance and valuation. Mr. Pryor is on the Board of Directors of the Historic Odessa Foundation and the Jerry Garcia Foundation.
Duane Jones, CCIM
Partner – Director of Acquisitions
Duane Jones,CCIM, is a well established businessman and community servant in the Greater Phoenix and Nashville communities. Mr. Jones’s career in real estate sales, management, and development includes selling more than 20,000 apartment units and over one million square feet of office and medical office buildings, for a combined transaction volume in excess of $1.5 billion. His success is derived from integrity, longstanding professional relationships, and a remarkable ability to enter an unknown market and identify the growth patterns, players, job drivers, and best locations. Mr. Jones served as a board member on the Colliers’ Multifamily International Board of Directors, the CCIM Institute, Fellowship of Christian Athletes and The Boys and Girls Clubs. Furthermore, Colliers International recognized Mr. Jones as the #1 salesperson in multifamily sales in 2004, 2005, and 2006.
Partner – Advisory & Asset Management
Eric Reimer is an Executive Managing Director at Cushman & Wakefield. Mr. Reimer has broad expertise in acquiring, managing and leasing office and retail properties. Additionally, Mr. Reimer has completed more than 15 million square feet of office lease transactions on behalf of tenants and institutional owners in major metropolitan markets throughout the country. He has served as Executive Vice President at Jones Lang LaSalle, Senior Managing Director of the Staubach Company’s National Financial Practice, and Executive Officer for Tower Realty Trust. At Tower, Mr. Reimer had primary responsibility for the leasing activity of 4.6 million square feet of office properties and 1 million square feet of retail space in the Manhattan, Phoenix/Tucson and Orlando markets. He played a key role in the evaluation and underwriting related to the company’s acquisition strategy. Mr. Reimer received his BA from The University of Vermont (English).
Vice President – Acquisitions
Keir Weimer’s real estate industry experience includes working in related capacities as a broker, investor, developer and principal. Mr. Weimer has founded and grown several multi-million dollar companies in the real estate space, including a top brokerage team with one of the world’s most recognizable brands, a hospitality development firm, and a consulting practice. Mr. Weimer is skilled in identifying value and opportunity, and building high-performance teams and companies centered on execution to realize this value and implement a bold vision for the future. With a unique multi-disciplinary background and approach to development and acquisitions, Mr. Weimer brings well rounded expertise and leadership to the Odessa Team. Mr. Weimer holds his baccalaureate degree in Finance and Economics from Syracuse University’s Whitman School of Management. He also studied at the graduate program at New York University’s Schack Institute of Real Estate, pursuing a Master of Science in Real Estate Finance and Investment.
Partner – Acquisitions & Development
David Dewey has successfully developed over $500 million of residential and mixed-use projects, and has an outstanding track record with historic and adaptive re-use projects for condominiums, apartments and student housing. For example, one of Mr. Dewey’s development projects was a finalist in the 2009 Urban Land Institute Award of Excellence for Outstanding Development and won the Landmark Illinois 2010 Preservation of Excellence Award. Mr. Dewey has also sourced acquisitions, structured financing, and managed all phases of adaptive re-use projects and ground-up projects. On behalf of the FDIC, Mr. Dewey established and managed a 35-person national office overseeing dispositions, workouts, and bank closings. At the FDIC he directed operational activities for a 1,000 asset property portfolio. Mr. Dewey began his career in banking and was involved in financing facilities in excess of $2 billion in projects throughout the United States. Mr. Dewey is a graduate of DePauw University and received his MBA from the University of Michigan. He has been active in the Greater North Michigan Avenue Association as a past Executive Committee Member and the Vice Chairman of the Planning and Zoning Committee.