Mr. Carlson is primarily responsible for the strategic growth of the firm as well as sourcing, underwriting and contractual negotiations of all investments. Additionally, Mr. Carlson is responsible for oversight of asset management, including budgeting and capital expenditure requirements, as well as all strategic dispositions.
For twenty-six years, he has worked in the real estate industry amassing an extensive deal sheet comprising over $7.0 billion and covering all major product types. For the last fifteen years Mr. Carlson has specialized in the multifamily sector. Prior to forming Redwood, Mr. Carlson worked for Equity Residential handling acquisitions and dispositions. At EQR he transacted almost $4.0 billion in deals covering the Midwest, Southeast and Mid-Atlantic regions. Prior to EQR, Mr. Carlson helped found the Chicago based private equity and real estate pension fund advisory group Oryx Capital International/Cornerstone Advisors. At the firm he was responsible for acquisitions and asset management for its client, the AFL-CIO Building Investment Trust, as well as high net worth individuals. Prior to Oryx, Mr. Carlson worked in portfolio management at RREEF, a pension fund advisory group owned by Deutsche Bank. While at REEF clients included Eastman Kodak, United Airlines and Ameritech as well as other co-mingled funds. Mr. Carlson began his career at Draper and Kramer, a full service commercial real estate firm, where he worked in commercial loan servicing and asset management.
Mr. Carlson graduated from the University of Illinois with a Bachelor of Finance. In addition, he graduated with “distinction” from DePaul University with a Master’s in Business Administration, concentrating in finance and economics.
Mr. Carlson sits on the board of directors for the Illinois Chapter of JDRF, a global diabetes foundation with a strategic plan to end type-1 diabetes (T1D). Mr. Carlson is also an active fundraiser and advocate for the Chicago Diabetes Foundation.
Mr. Isaacson is primarily responsible for the strategic growth of the firm as well as sourcing, underwriting and contractual negotiations of all investments. He graduated “with distinction”s in 1985 from the University of Cape Town (South Africa) with a Bachelor of Commerce degree (Accounting and Auditing Major) followed by a Bachelor of Commerce degree (Honors) (Finance and Accounting Majors) and a Certificate in the Theory of Accounting degree from the University of Cape Town in 1986.
Mr. Isaacson is a Chartered Accountant (South Africa) and a Certified Public Accountant (Illinois).Mr. Isaacson was Executive Vice President and Chief Financial Officer of Alliance Holdings, L.L.C. (Alliance) from 1999 to 2004, and 2006 to 2007. Alliance was an owner/operator of multi-family apartments and at its peak owned and managed in excess of 65,000 apartment units. Mr. Isaacson oversaw accounting, financial reporting and risk management at Alliance, as well as having overall responsibility for all capital markets activities. He executed capital markets transactions in excess of $4 billion at Alliance, which included all forms of senior and mezzanine debt, preferred equity, and traditional equity raises. From 2004 to 2006 Mr. Isaacson was Executive Vice President and Chief Financial Officer at The Laramar Group in Chicago. Laramar owns and manages approximately 50,000 units throughout the U.S. Mr. Isaacson had overall responsibility for the financial operations of Laramar, including directing capital markets activities for the organization. Mr. Isaacson was a key member in the creation and management of Covington Realty Partners, L.L.C., a TIC sponsor that had acquired approximately $150 million of real estate since its formation in June 2005. In his capacity as Chief Financial Officer for The Laramar Group, Mr. Isaacson’s responsibilities included assisting in the financing and structuring strategies for Covington, syndication of TIC interests, and investor reporting. Further, Mr. Isaacson was critically involved in raising a $325 million institutional private equity fund to invest in value-add multi-family across the United States.
Prior to joining Alliance, Mr. Isaacson work for 10 years in the National Real Estate Division of Altschuler, Melvoin and Glasser, a wholly owned subsidiary of American Express Tax and Business Services (“SAM&G”s). Mr. Isaacson spent his last three years at AM&G leading a team of professionals who assisted real estate lenders in providing financing on transaction in excess of $1 billion. Mr. Isaacson also has extensive experience providing consulting, auditing, and tax structuring services to real estate entities.
Mark has primary responsibility for all financial requirements of Redwood Capital Group and all capital market aspects required to capitalize investments. In addition, Mark is responsible for all financial and accounting aspects of running Redwood Capital Group on a day-to-day basis.
Ms. Gillen joined Redwood Capital Group in 2017 and is responsible for the financial and operational performance of several properties within the Redwood portfolio. She will determine the optimal investment path and maximize asset value through execution of asset business plans and implementing operational strategies. Her portfolio consists of 2,500 units.
Prior to joining Redwood Capital Group, Ms. Gillen worked on the value add fund series team at LaSalle Investment Management. While at LaSalle, Ms. Gillen’s responsibilities included various financial analyses, monitoring operational and financial performance on an asset and portfolio level, cash management, quarterly reporting, and asset valuation.
Ms. Gillen graduated from Brown University in 2015, where she received her Bachelor of Arts in Political Science. While at Brown, she was a four-year member of the Women’s Soccer team. She is a member of the City of Hope – Chicago Construction and Real Estate Council Future Leaders Board and is also an active member of the Urban Land Institute.
Mr. McDougall brings to Redwood Capital Group approximately 17 years of experience in the real estate industry and a wealth of exposure to both underwriting investment opportunities and closing all types of real estate transactions. At Redwood Capital Group, as an acquisitions officer, his primary focus is on sourcing, underwriting, negotiating, and managing the firm’s buy-side transactions. To date, the firm has acquired 60 multi-family assets totaling over $2.0 billion in value. He also assists with the firm’s ongoing capital markets, asset management, and disposition strategies.
Prior to joining Redwood Capital Group, Mr. McDougall served as a senior analyst at Alliance Holdings, L.L.C. from 2004 through 2007. Alliance is an owner/operator of multi-family apartments which, at its peak, owned and managed in excess of 65,000 units. His responsibilities included overseeing the financial analyses and underwriting of all acquisition and disposition transactions, assisting with various asset management and investor relations projects, and coordinating all transaction closings. In total, he was involved in the closing of more than $3.0 billion of transactions while at Alliance, including acquisitions, dispositions, and debt and equity recapitalizations.
Prior to his tenure at Alliance, Mr. McDougall spent two years as a financial analyst in the office real estate sector, one year with Jones Lang LaSalle and one year with Trammell Crow Company. As a member of each firm’s tenant representation group, he advised various corporate clients on all issues pertaining to their office space needs.
Mr. McDougall graduated Summa Cum Laude from the University of Notre Dame in 2001 with a Bachelor of Arts & Letters degree, concentrating in economics and finance.
Mr. Hanrahan is primarily responsible for the strategic growth and oversight of the property management company, including direct supervision of the Property Management division of Redwood Capital Group’s residential platform.
For thirty years, he has worked in the real estate industry implementing strategic business plans aligned with owner objectives; oversight of third-party property managers, leasing staffs, and construction managers; direct property management of residential, office, and retail property types; while focusing on management fundamentals, resident and tenant relations, proactive communication, capital projects, expense savings, and the implementation of value add strategies.
Prior to joining Redwood Capital Group, Mr. Hanrahan worked for American Realty Advisors as a Senior Vice President of Asset Management where he oversaw a multi-million-dollar portfolio of multi-family assets which were part of the firm’s core and value-added separate accounts and/commingled funds. Mr. Hanrahan’s primary responsibilities included strategic planning; oversight of property operations; implementation of value add strategies; member of development team; supervision, training, and motivation of internal staff; financial and market analysis; due diligence; and client relations. Prior to American Realty Advisors, Mr. Hanrahan worked at Buckingham Companies, a development company, in charge of property management where he was responsible for 15,000 multi-family units located throughout the Midwest. At Buckingham Companies, Mr. Hanrahan oversaw the property management of 50 properties consisting of both multi-family and office building product types, while developing and implementing 80 property management key performance indicators transforming plant operations; value-add programs; and client relationship management. In addition to Mr. Hanrahan’s property management responsibilities, he was a key member of the organization’s business development and change management teams. Mr. Hanrahan also worked at RREEF, a pension fund advisory group owned by Deutsche Bank, as a Vice President in asset management where his responsibilities included the oversight of third-party managers, leasing staff, and construction managers; and continuous improvement initiatives. In addition to Mr. Hanrahan’s responsibilities he crafted RREEF’s National Purchasing Program and renovation programs.
Mr. Hanrahan graduated from DePaul University with a Bachelor of Arts Degree. In addition, he graduated from the University of Wisconsin – Madison with a Master’s in Business Administration; and is a Certified Property Manager (CPM®) and holds a Managing Brokers License in the State of Illinois.
Prior to joining Redwood, Brendan was a Development Analyst with Clark Street Real Estate where he covered all aspects of a project from idea inception through disposition. Prior to Clark Street, he worked as an Associate within the Portfolio Management Department of Realty Income where he managed a $750 million portfolio and negotiated leasing and dispositions for properties in the Western United States. He has experience across multiple asset classes, including multifamily, retail, office, industrial, and medical.
Brendan received a B.S. in Finance from the University of Notre Dame. He is an active member of ULI, the Harold E. Eisenberg Foundation, and HSF Chicago Scholars.
Mr. Wening, AIA, LEED AP, heads Redwood Construction Services, LLC, the newly developed construction management arm of Redwood Capital Group. Through this platform, Mr. Wening guides the due diligence process, creates capital budgets, manages a variety of construction projects to timely and economical conclusion, and accurately tracks the progress of capital budgets. His expertise and keen vision offer better protection against difficult or prohibitive projects, as well as uncovering the hidden value-add potential at a property. As of June 2017, all new deals are under the purview of Redwood Construction Services. Mr. Wening is maintaining national account relationships to secure best pricing, developing standards for streamlined management and growing a team of talented construction professionals to help Redwood Capital Group continue to grow and prosper.
Prior to joining the Redwood Capital Group, Mr. Wening was Capital Program Manager-Midwest Region at Waterton, responsible for a portfolio of up to 12 properties ranging from subsidized housing to garden-style suburban complexes to class A high rises with a total budget of over $30m in capital improvement projects. He successfully completed thousands of apartment unit renovations, several multi-million dollar amenity improvements, as well as, countless interior and exterior renovation projects. Before Waterton, Mr. Wening practiced as a Project Architect for Valerio Dewalt Train in Chicago. He led teams through the design and construction of a variety of projects types and sizes including ground-up development, complex renovations and interiors. Most notably the award winning $19 million overhaul to the 2,400 unit Presidential Towers complex in Chicago and the $59 million USCD Rita Atkinson Residences (graduate student housing) development in La Jola, Ca
Mr. Wening received a B. Arch. from Kansas State University, is a licensed Architect in Illinois and a Leed Accredited Professional. He is a member of the AIA and the Chicago Living Building Collaborative.
Ms. Ahern joined the Redwood team in September 2013 and is responsible for coordinating all new construction contracts and invoices, setting up vendor relationships across the country, and streamlining construction department initiatives. Previously as Business Administrator and Operations Coordinator, she handled due diligence coordination for all transactions, assisted with investor relations, database management, marketing initiatives, and coordinating various projects within each department. As of 2017, she was promoted to Senior Coordinator for Redwood Construction Services.
Prior to joining Redwood, Ms. Ahern worked at NRC Realty & Capital Advisors from 2011 to 2013. NRC is a boutique realty auction and financial advisory company specializing in the retail real estate sector. Initially functioning as an Executive Assistant, her role expanded into the Marketing Department and included supportive roles integrated throughout various other divisions of the company.
Ms. Ahern graduated from Miami University in 2010 with a Bachelor of Science degree in Marketing from the Farmer School of Business and a Minor in Political Science from the College of Arts and Science. Currently, she is a member of the Bear Necessities Pediatric Cancer Foundations Young Professionals Board, serving as a Vice President in the Junior League of Chicago, and a past President of the Sheridan Road Alumni Association for Sacred Heart Schools.
Ms. Colon joined Redwood Capital Group in 2017, and is responsible for underwriting of potential acquisitions opportunities, performing due diligence on prospective investments, and assisting throughout the acquisition and disposition process. Ms. Colon also supports the asset management team through various analyses.
Prior to joining Redwood Capital Group, Ms. Colon worked as an Acquisitions Analyst at Green Courte Partners, a real estate private equity firm in Chicago.
Ms. Colon graduated with a BBA from the Stephen M. Ross School of Business at University of Michigan in 2016 with concentrations in Finance and Real Estate.
Ms. Duda is primarily responsible for establishing, monitoring, and enforcing accounting policies and procedures designed to protect assets through the establishment, enforcement and monitoring of internal accounting controls. Ms. Duda will oversee Redwood Residential’s financial reporting process, as well as provide direct supervision over the accounting department.
For twenty-one years, she has worked in the real estate industry, mostly focused in the multi-family residential sector. Ms. Duda worked at AMLI Residential as Controller – Property Operations. She oversaw the financial property reporting requirements for as many as 80 Class A Multi-family properties, streamlined accounting processes, acted as accounting lead for multiple systems implementations, managed accounting staff, and was responsible for due diligence for acquisitions and dispositions.
Additionally, Ms. Duda served as Director of Accounting at Mayslake Village which operates senior living properties. Her primary responsibilities included directing all accounting staff, developing strategic goals, implementing process improvements, leading systems conversions, coordinating and responsibility for annual financial audits, preparing annual budgets, and overseeing annual compliance requirements. Ms. Duda was the primary liaison for obtaining financing from the U.S. Department of Housing and Urban Development.
Ms. Duda received a Bachelor of Science Degree in Business Administration from the University of Dayton with a major in Accounting.
Mr. Stern joined Redwood Capital Group in 2017 and brings with 11 plus years of multifamily real estate experience. As an acquisitions officer, Mr. Stern’s primary focus is sourcing, underwriting, negotiating and managing new real estate investments.
Prior to joining Redwood Capital Group, Mr. Stern spent 11 years at Chicago-based Waterton—a vertically integrated real estate owner and operator with a focus on U.S. multifamily apartments and hospitality properties. At Waterton, Mr. Stern oversaw all multifamily dispositions and is credited with having created the disposition process at Waterton. He was primarily responsible for engaging brokers and managing the broker opinion-of-value process, facilitating the marketing process, overseeing the buyer diligence process, contract negotiations and closing procedures. In his 11 years at Waterton, Mr. Stern successfully transacted the disposition of over $3 billion in multifamily investments nationwide.
Prior to joining Waterton, Mr. Stern worked as an acquisitions analyst for Crescent Heights.
Mr. Stern graduated from the University of Colorado Boulder in 2006 with a Bachelor’s Degree in Finance from the Leeds School of Business. Mr. Stern subsequently earned a Master’s in Business Administration from the Kellstadt Graduate School of Business at DePaul University with a dual concentration in Real Estate Finance & Investment and Entrepreneurship in 2012.
Ms. Beckwith joined Redwood Capital Group in 2018 as the Office Administration and Operations Coordinator. In this role she directly supports the Executive Management Team and is a liaison to Investors, Partners, and key relationships. Ms. Beckwith also manages scheduling and facilities, coordinates travel, organizes team activities, and serves as a liaison for IT needs. She also assists the Asset Management team with coordinating and tracking monthly/quarterly financials and assists the Controller in year end taxes.
Prior to joining Redwood, Ms. Beckwith worked with the Make-A-Wish Foundation of Illinois as a Wish Coordinator. In this role she planned and executed 90 unique wishes per year in her two and a half years of service. Her responsibilities included managing a wide volunteer database, all travel coordination, creating and maintain in-kind vendor relationships, and working with families.
Ms. Beckwith attended Illinois State University where she studied in the School of Theatre.
Ms. Rasche joined Redwood Capital Group in 2017 as a Capital Markets Associate, responsible for raising LP equity for each project-level deal and acting as a liaison between investors and the acquisitions group.
Prior to joining Redwood, Ms. Rasche supported Fifth Third Bank’s institutional real estate group for 3 years as an Associate Relationship Manager. Her responsibilities included underwriting and presenting potential commercial mortgages internally as well as assisting in the closing process. Prior to joining the institutional real estate group, Ms. Rasche spent 2 years rotating through Fifth Third’s formal credit training program where she learned the basics of banking credit and sales.
Ms. Rasche graduated from Indiana University in 2012 with a Bachelor’s degree in Finance from the Kelley School of Business.
Jewel Dilworth, CRM is the senior regional property manager for Redwood Capital, her responsibilities is assisting in the oversight of vertically integrating the property management platform for Redwood Capital. These responsibilities also include developing a fresh work culture by hiring, managing and developing property teams that are diverse, efficient and focus driven to create value for our investment clients.
Prior to joining Redwood Capital Jewel has been active in the multifamily industry since 1986 bringing a wealth of knowledge and business acumen to her business partners. Jewel has worked for local, regional and institutional owners such as Greystar, RREEF, JPI, Trilogy Real Estate Group, Raith, Bentall Kennedy, L&B Realty, Everwood Partners, Goldman Sachs and Mesirow Financial. Her previous roles have included leasing agent, assistant manager, manager, senior manager, and senior regional property manager, in multiple Midwest markets that include Minneapolis, Grand Rapids and Detroit MI, St. Louis and Kansas City, MO, Kansas City KS, and Dallas, with experience in new construction, lease ups, acquisitions, dispositions and management transitions at stabilized and REO properties along with properties with homeowner and community management associations. Jewel has extensive experience in renovations and value add projects, with several ground-up clubhouse new builds and additions to existing structures, creating new outdoor amenities and amenity and common area space enhancements to enhance resident experience. Along with extensive renovation experience Jewel has worked on property rebranding and design projects and won awards for these designs and projects. Additionally, Jewel has been an active member of numerous industry associations, won multiple industry and company awards, and volunteered extensively in her community. She holds a Minnesota real estate license and a CRM® designation from the Minnesota Multi Housing Association. Jewel earned her Bachelor of Science in Education K-12 with a coaching certificate from Minnesota State University, Mankato.
Mr. Jachna joined Redwood Capital Group in 2016 and provides Redwood and its investors with over 35 years of multifunctional real estate experience in asset management, transactions, property management, development, and construction. He has enhanced value for properties in the multifamily, office, industrial, hotel, technology, healthcare, resort, and vacant land asset classes. His experience is from both the equity and debt perspectives across core, value-added, opportunistic, development, and troubled properties. At Redwood, he conceives, guides, and executes asset strategies to maximize real estate asset value throughout his portfolio.
Prior to joining Redwood, John was the Director, Asset Management, Institutional Residential Real Estate for McKinley, Inc. In this position, he developed and instituted turnaround strategies on behalf of property owners, lenders, special servicers, and courts for 40 receivership apartment properties containing 5,100 units in nine states. Previously, with Freddie Mac, as Asset Management Director for High Risk Loans in the 17-state central region, he managed a debt portfolio of 400 apartment complexes with 90,000 units having a total loan balance of $4 billion. With Freddie Mac, he also negotiated loan workouts and processed foreclosures for multifamily properties.
Mr. Jachna partnered with Waterton as Co-Sponsor, Principal, and General Manager in the acquisition, renovation, and value creation of Printers’ Square, an apartment and technology mixed use property in Chicago containing over a half million square feet. In this role, he provided asset management, technology space leasing, property management, and construction management. Upon the sale of Printers’ Square, Mr. Jachna joined the Waterton corporate office as Senior Vice President-Asset Management for their entry into the industrial and hotel property markets. In this capacity, he performed asset management and acquisitions for six hotel properties and 1,000,000 square feet of industrial properties with a total capitalization of $220 million.
Among other positions earlier in his career, Mr. Jachna led the team at Anvan Companies in the overall planning, entitlement, marketing, development, and construction of Geneva National, a 1,700 acre resort / residential lakefront community in Lake Geneva, Wisconsin with 2,100 housing units and three championship golf courses.
John graduated from the University of Illinois at Urbana-Champaign with a Bachelor of Science degree in Finance, and a Concentration in Real Estate. He has been awarded the Certified Property Manager (CPM) designation by the Institute of Real Estate Management and is a licensed Illinois Real Estate Managing Broker.
Ms. Grants brings over 10 years of asset management and transaction experience in the real estate industry in retail, student housing, industrial, and office asset types. As an asset manager, she is responsible for the financial and operational performance of a $350M apartment portfolio. She will determine the optimal investment path and maximize asset value through execution of asset business plans and implementing operational strategies. Her portfolio consists of 2, 825 units located in the Midwest, Texas, and the Southeast.
Prior to joining the firm, Ms. Grants was a member of the Transactions and Asset Management teams at Inland American from 2011- 2014. Her responsibilities included managing a $1 billion portfolio consisting of various asset classes, as well as transacting on $225 million of retail and industrial assets. Prior to her tenure at Inland, Ms. Grants spent 3 years at The Scion Group, an owner and operator of student housing, where she was responsible for the asset management of a 10,000 bed portfolio, which included executing investment strategy, monitoring operational and financial performance, cash management, and investor relations. Ms. Grants experience in real estate started at LaSalle Investment Management where her focus was on firm-wide performance measurement analytics, the financial reporting of a Medical Office REIT, and several separate accounts.
Ms. Grants received a B.S. from Illinois State University; concentrating in finance and accounting.
Ms. Lynn, CCIM, brings to Redwood Capital Group 13 years of experience in the real estate industry including multifamily, student, retail and office assets. As an acquisitions officer, she is responsible for sourcing, underwriting, negotiating and managing the firm’s buy-side transactions.
Prior to joining Redwood Capital Group, Ms. Lynn worked in the transactions group at Henderson Global Investors from 2005 to 2014, initially as an Analyst before being promoted to Associate Director – Transactions. In 2014, Henderson’s North American real estate platform was purchased by TIAA-CREF. While at Henderson Global Investors/TIAA-CREF, Ms. Lynn’s responsibilities included performing financial analyses on acquisitions, managing the due diligence and closing process and handling the disposition process. To date, Ms. Lynn has been involved in the underwriting of more than $4 billion worth of assets and directly buying and selling over $660 million worth of transactions including assets across all property types.
Ms. Lynn graduated from the University of Wisconsin – School of Business in 2005 with a Bachelor’s of Business Administration, concentrating in Real Estate. She also earned a Master’s in Business Administration from Northwestern University – Kellogg School of Management, with a focus on Finance and Real Estate. She is an active member of The CCIM Institute.
Mr. Urbanic joined Redwood Capital Group in 2017 and is responsible for assisting in the oversight and investment management of the portfolio to improve efficiency through various analyses. Additionally, Mr. Urbanic coordinates the distribution process along with investor reporting.
Prior to joining Redwood Capital Group, Mr. Urbanic worked in the Real Estate Advisory Group at Duff & Phelps in Denver, Colorado. At Duff & Phelps, Mr. Urbanic was responsible for providing comprehensive valuation services of commercial real estate using all relevant approaches and theories.
Mr. Urbanic graduated in 2016 from The Ohio State University’s Fisher College of Business with a Bachelor’s of Science in Business Administration with specialization in finance and real estate, and a minor in entrepreneurship.
Ms. Kelly, CCIM, CPM is responsible for oversight of all asset management, including budgeting and capital expenditure requirements, as well as all strategic dispositions. She also assists with sourcing and underwriting the firm’s investments. Ms. Kelly optimizes value by managing with strategic oversight and by identifying and seizing market opportunities thereby maximizing asset values.
Prior to joining the Firm, Ms. Kelly was Senior Vice President at Blue Vista Capital Management from 2006-2014 where she oversaw a multi-million dollar commercial real estate portfolio consisting of various asset classes. Ms. Kelly’s asset management responsibilities at Blue Vista included executing on strategy and monitoring asset performance, as well as serving as the liaison with the Firm’s operating partners. Prior to her tenure at Blue Vista Ms. Kelly spent a year at Equity Investment Group where she was responsible for overseeing, coordinating and evaluating the company’s property acquisitions, which consisted of closing over 2 million square feet of retail shopping centers. From 1999 to 2005, she worked as a senior property manager for both Equity Investment Group and New Plan Excel Realty Trust where she managed retail shopping center portfolios in excess of 1.4 million square feet, respectively.
Ms. Kelly received a B.A. from DePaul University. She is an active member of CREW Chicago, The CCIM Institute, and IREM.