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 completed his finance degree at Yale University (1993). He is a Clinical Assistant Professor at NYU’s Schack Institute for Real Estate in the university’s Master’s Degree program, where he teaches real estate finance and valuation, and was a contributing writer for GlobeSt.Com.
Partner – Asset Management
Peter Sullivan has extensive experience in managing portfolios of investment property and distressed assets. Prior to joining Odessa, Mr. Sullivan was a Director of Asset Management at BlackRock and Vice President of Asset Management at Cabot, Cabot & Forbes. He has an outstanding track record of creating and implementing strategies for adding value, stabilizing property performance, and positioning assets to benefit from a market recovery. He has hands-on expertise in acquiring troubled loans and completing work-out transactions with troubled assets, including working on assets dispersed by the Resolution Trust Company. Mr. Sullivan’s considerable project management background includes property renovations for multifamily and office buildings. He also spent twelve years as an Asset and Portfolio Manager at PaineWebber Properties and was an Associate at Salomon Brothers in the Real Estate Investment Banking Group. Mr. Sullivan is a licensed Real Estate salesman in Massachusetts and graduated from Boston University (Finance).
Partner – Acquisitions, Chief Investment Officer
Jim Egan has over thirty years of experience in the real estate industry, and has been involved in over $4 billion dollars of transactions. His background is multi-faceted, and has included roles involving debt, public and private equity, and development and construction. Prior to joining Odessa, Mr. Egan was Director of Acquisitions for the Northeast Division at Southern Land Company, a national apartment development firm. His professional career includes senior positions at industry leading firms including America First Apartment Investors (CIO), ING Clarion Partners (SVP Development), and DRA Advisors (Director). Mr. Egan received a MS in Real Estate Development from Columbia University, and a BS in Civil Engineering from the Massachusetts Institute of Technology.
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 – 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 Magnificient Mile Association as a past Executive Committee Member and the Vice Chairman of the Planning and Zoning Committee.
Partner – Advisory
John Oler is the Principal of JSBO Realty & Capital Inc. Mr. Oler has over 30 years of experience in the commercial real estate industry as a real estate executive, financial advisor, and investment banker. Mr. Oler has completed financings and sales of more than $150 million, negotiated over 80 commercial office leasing transactions, and performed due diligence on over 1,000 properties for acquisitions and re-financings in conjunction with commitments made by JP Morgan Chase, Deutsche Bank, Goldman Sachs, Artesia Mortgage Capital (Dexia Bank), Criimi Mae and GE Capital, among others. For numerous years Mr. Oler was an Adjunct Professor at NYU’s Schack Institute for Real Estate. He earned his B.A. (History) and M.A. (Urban/Energy Policy) at UCLA and the Graduate Diploma (Finance) from the NYU Schack Real Estate Institute.
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).
Associate – Asset Management
Jacqueline Haggerty began her real estate career by redeveloping residential properties, and later transitioned into commercial real estate by investing in national and international office and multifamily real estate assets. Ms. Haggerty was directly responsible for developing a medical specialty property. Prior to joining Odessa, she worked as an Associate at Newmark, Grubb, Knight, Frank within the Capital Group which included investment sales, IRC 1031 Like-Kind Exchange transactions, distressed asset and loan sales transactions and strategic advisory services. Ms. Haggerty holds a Master’s Degree in Real Estate Finance and Investment from New York University’s Schack Institute of Real Estate.
Associate – Finance
Keir Weimer’s real estate industry experience includes working in related capacities as a broker, investor, developer and principal. Mr. Weimer was one of the top producing sales brokers in 2014 with Select Sotheby’s International Realty, and was in the top 5% nationwide in his first year with the company. Mr. Weimer has also acquired multifamily and historic renovation spaces in urban centers across New York State. Mr. Weimer holds his baccalaureate degree in Finance and Economics from Syracuse University’s Whitman School of Management. He is also currently enrolled in the graduate program at New York University’s Schack Institute of Real Estate, with an expected graduation 2017 with a Master of Science in Real Estate Finance and Investment.
Associate – Acquisitions
Jade Ji is an associate on Odessa’s acquisition team. She is involved in all aspects of underwriting, due diligence, and acquisition closings. Ms. Ji previously served as a 2016 Summer Intern at Odessa, and expects to receive her Masters in Real Estate Finance from New York University in 2017.