Devco’s Development Team is the company’s forward-looking acquisitions, entitlement, financing, and rehab/resyndication arm. The Development Team takes on new construction, rehabilitation and yield transactions of multifamily assets throughout the United States.
Integrity, respect, collaboration, and trust are at the core of everything the Development Team delivers.
The Development Team
David grew up in real estate brokerage and has focused on many aspects of real estate development. He has dedicated his career to providing quality housing for people who need it most. As a leader of DevCo, LLC and DevCo Preservation, LLC he makes this commitment a reality. He is committed to empowering his team with the ability to make a significant impact in the lives of tenants by providing high quality housing throughout the Western United States.
David has over 15 years of experience with real estate brokerage, construction, development, and investment. David has extensive experience managing long term relationships with brokers, development consultants, lenders and syndicators. Since joining DevCo, the company has grown from a portfolio of 3,000 units in 2013, to 10,000 units in 2021
David graduated from Washington State University with a Bachelor of Science in Finance and Real Estate and from Arizona State University with a Masters in Real Estate Development. He has also been a licensed real estate broker in the State of Washington.
David enjoys an active lifestyle and is frequently out adventuring. You can find him on the ski hill, backpacking in the mountains or out on the water. He frequently asks anyone he can about travel recommendations and is always planning his next adventure.
President, Devco Construction
Sam has worked in Commercial Construction and Development for over twenty-five years. He also has an extensive background in design, engineering, reserves, property management, sustainability, construction litigation and organizational operations.
Sam has assisted and served on several Homeowner Association Boards and is a Certified Manager of Community Associations CMCA, Reserve Specialist RS and Association Management Specialist AMS. He has given several industry presentations for the American Resort Development Association ARDA throughout the years.
Sam most recently worked for Wyndham Worldwide for nearly 20 years as Vice President for Strategic Development. This included oversight of construction, development, and design both nationally and internationally in five different countries. Sam also oversaw the Insurance Claims Team as well as Sustainability and Corporate Social Responsibility.
Sam served 14 years in the US Army. He and his wife Brooke just celebrated their 25-year anniversary. During his “free time”, you can find him boating, hiking, coaching football, helping coordinate food and clothing drives, and cheering his kids from the sidelines in their many sport activities.
VP of Finance
Michael Volz joined DevCo in 2019 where he serves as the Finance Manager. As Finance Manager, Michael oversees the underwriting, sourcing of debt and sourcing of tax credit equity for DevCo’s new construction properties in Washington State. Additionally, he is responsible for sourcing, underwriting and financing the acquisition and rehabilitation of existing multi-family properties. During his tenure at DevCo Michael as overseen the acquisition of over 1,200 existing affordable units.
Michael holds a Bachelor of Music from University of Puget Sound and a Masters of Science in Finance from Pacific Lutheran University.
Prior to joining DevCo Mr. Volz spent five years working for a national affordable housing developer where he oversaw the acquisition and/or rehabilitation of over 1,500 existing Section 42 and Section 8 units.
As an avid musician, Michael enjoys spending his spare time playing saxophone in small and large ensembles. He is also working on his golf game and enjoys spending time with his wife and their labradoodle.
Director of Development
As Director of Development for DevCo, Andrew leads a team responsible for all new construction projects across the United States. Under Andrew’s guidance, the development team manages site acquisition, due diligence, design and engineering, entitlement and permitting. The team is committed to delivering high-value housing into markets and neighborhoods that need it most. Residents are the highest priority; it’s also our responsibility to exceed expectations for neighborhoods, planning jurisdictions, state government, and financial partners.
Andrew earned his Master of Science in Real Estate from the University of Washington and Bachelor of Business Administration from Emory University. His diverse experience includes institutional market-rate multifamily and senior housing development with a national multifamily developer across the Pacific Northwest, smaller scale rental and for-sale development in the Puget Sound area with a regional developer, as well as stints in construction management, management consulting, and entrepreneurial ventures.
Eric has been working in the multifamily industry for over 10 years. Over that time he has worked across many different asset classes including new construction, acquisition rehab, urban, suburban, market rate, and LIHTC. Prior to joining DevCo Preservation he was a Director of Asset Management where he supported enterprise-wide initiatives, oversaw a portfolio of 50+ assets, ran the Revenue Management department and oversaw a team of Portfolio Analysts. Before that he spent several years in property operations and revenue management.
Eric graduated from Concordia University in St. Paul, MN with a Bachelor of Arts in Innovation and Marketing Management. Throughout his career he has focused on process improvement and data analysis with a keen interest in market dynamics.
Outside of work, he likes to spend time with family, golf, mountain bike and play fetch with his dog, Decoy. His newest passion is Formula 1 racing where he hopes to one day attend a race in Monaco or Belgium.
Bio Coming Soon
Midwest Region, Senior Development Manager
Bio Coming Soon
Northwest Region, Development Manager
Chase has been working in the multifamily real estate industry for over 6 years. During his career, he has worked on both market-rate and affordable housing acquisition/rehab projects and has several years of experience in ground-up development. In his prior role, Chase was responsible for overseeing a portfolio of acquisition/rehab projects in the Pacific Northwest where he built experience in managing joint venture partner relationships, creating business plans for renovation projects, implementing new technologies, underwriting, retail leasing, property management relations and oversaw multiple refinances.
In addition to managing acquisition/rehab projects from an asset management perspective, Chase has also worked on multiple dispositions and acquisitions in his career. He has extensive experience in every part of the real estate transaction process and has built many relationships across the markets that he has operated in.
Prior to working in the multifamily industry, Chase graduated from Washington State University with an MBA in Data Analytics and an Undergraduate Degree in Accounting.
Outside of work, Chase enjoys playing golf, skiing, fishing, attending Cougar football games, and long hikes with his dog Cooper.
Southwest Region, Development Manager
Griffin has over 4 years of Section 42 underwriting experience. Prior to joining the team at DevCo, Griffin worked for CBRE Affordable Housing, the largest broker of Section 42 properties nationwide. Griffin’s work included valuing over $3.5 billion worth of Section 42 assets, as well as managing the valuation pipeline for CBRE Affordable Housing’s top-producing brokers. As a Project Manager, Griffin oversees the sourcing of financing for all of DevCo’s projects. Additionally, he assists the Vice President and Finance Manager with acquisitions underwriting and other tasks related to the acquisition, development, and redevelopment of projects.
Griffin received a Bachelor of Arts in Business Administration from the University of Washington. In his free time, Griffin enjoys boating, snowboarding, attending Husky sporting events, and spending time with friends and family. He serves as the alumni treasurer for his fraternity and is an Eagle Scout.
Development Manager, Washington
Dalton may only have 6 years of multifamily housing experience, but was born and raised in the construction industry. His roles within DevCo have extended to project management, pre-construction, jurisdictional relations, owner representative and planning management. Prior to joining DevCo, Dalton worked for a commercial contractor specializing in logistics centers, class A office buildings and tenant improvements.
As the Planning Manager, Dalton’s approach is a multifaceted. His primary focus is land acquisitions and research, coordinating entitlement efforts, as well as the creation and implementation of systems & policies to allow for efficient internal and external processes. On a daily basis he collaborates with team members to ensure each stage of a project is tracking accordingly.
Dalton received a Bachelor of Arts in Environmental Design from Montana State University.
Outside the office, Dalton leads a very active lifestyle. Spending time with friends and family, traveling and getting lost in the mountains as often as possible. He routinely travels back to Montana for skiing, ice fishing and mountain biking in the Pintler Wilderness.
Jack Jensen joined Devco in July 2022 as a Development Associate working across the Midwest and Southwest. His responsibilities include evaluating the feasibility of Section 42 new construction and rehabilitation projects, helping to secure their financing, and supporting them throughout construction.
Prior to joining DevoCo, Jack spent 2 years with a LIHTC developer based in the Southwest, where he helped oversee the construction of approximately 500 units and provided support in the acquisition and syndication of an additional 500 units.
Jack graduated from Marquette University with Bachelor of Science degrees in Real Estate and Finance.
In his free time, Jack enjoys training in Boxing and Brazilian Jiu Jitsu and spending time with his family.
Development Associate, Midwest
Nick Storlie joined DevCo in January 2022 where he serves as an Acquisition Analyst focusing on the Midwest. Storlie is responsible for underwriting new multifamily development and acquisition opportunities, securing financing for new acquisitions and developments, and aiding with projects throughout construction.
Storlie holds a Bachelor of Science in Finance from St. Cloud State University. He was a member of the Husky Growth Fund at SCSU.
Prior to joining DevCo Storlie was a Development Analyst for Dominium where he oversaw 3,000 new construction Section 42 units towards completion in Florida, Georgia and Minnesota.
Outside of work, Storlie likes to try new cooking recipes, hiking, attending concerts and spending time with friends and family.
Development Associate, Southwest
Nick LaCoul joined DevCo in July 2022 where he serves as a Development Associate covering the Southwest Region. Nick’s responsibilities include analyzing new multifamily Section 42 development and acquisition opportunities, securing financing for projects, and aiding with projects throughout construction.
Prior to joining DevCo, Nick spent 5 years working at KeyBank Real Estate Capital (NYSE: KEY) where he worked on over $700MM in affordable housing permanent debt transactions, and over $185MM in commercial real estate balance-sheet debt opportunities.
Nick graduated from The University of Texas at Dallas with a Bachelor of Science in Finance.
In his free time, Nick enjoys playing lots of bad golf, eating at new restaurants, and spending time with his friends and family.
Bio Coming Soon
Tiffany Knox comes to DevCo as a Project Manager. Her responsibilities include overseeing the construction and renovation of projects. Working with the development team to develop the project scope, and budget by accessing the property conditions. With more than twenty years in the construction industry, with a varied background ranging from more than ten years with Janes Gypsum, then Exxel Pacific to succeeding at APM duties at Heartland. Tiffany’s experiences range from problem-solving for clients and managing not only office, but field staff at Janes, to in field involvement at Exxel and finally, working as a team with Tom Smith, successfully completing ground-up projects for Heartland. Problem-solving, people management, scheduling, scope writing and contract management are areas that she has become proficient at.
Having graduated from the University of Washington Construction Management Certificated program, she understands the mechanics behind essential scheduling and organizational priorities. She has spent a significant amount of time working with dozens of companies, focused on problem-solving and cost-effective solutions. She looks forward to the future of renovation and ground-up projects with the DevCo Preservation Group.
In her free time, she participates in charity runs, paddleboarding, enjoys traveling, and spends time with her family and cats.
Tiffany is very energized and excited about what lies in front of her and the team.
Executive Assistant to David Ratliff
Bio Coming Soon
Joe joined DevCo in September of 2022, serving as a Construction Project Manager. Joe’s responsibilities include working closely with development teams to evaluate the condition of acquisition properties, refining and actualizing cost-effective construction budgets, and leading the construction execution phase of projects.
Before joining DevCo, Joe worked as a project manager in various construction markets, focusing primarily on hospitality and multi-family construction and renovations, solar and fuel station canopy manufacturing and fabrication, and residential and commercial tenant improvements. He is passionate about process improvement and is continually looking for innovative solutions to challenging problems.
Joe graduated from Washington State University with a Bachelor of Architecture and a Bachelor of Science in Architectural Studies.
Outside of work, Joe can most often be found spending time with friends and his son Alex, reading, and watching Cougar or Seahawks football games.
Ronen Velarde joined the DevCo family as a Construction Project Manager with nearly 30 years of experience in the construction industry. Ronen oversees a multitude of projects and their teams with a common goal of providing the best quality housing and living experience for everyone. He brings hands-on construction experience along with his MBA and Construction Management from the University of Washington (GO HUSKIES!). Safety, efficiency, and the environment are always at the forefront of Ronen’s project management practices.
In his spare time, Ronen can always be found doing some exciting activity with his beautiful family. Exploring off-trail or hunting gems at the top of a mountain is not at all unusual. He also dedicates himself to his community by volunteering.
Ronen is also a promoter of construction excellence and is a member of ICC as well as the local PMI chapter. He also maintains a multitude of construction-related certifications.
Maelonni has over six years of multifamily housing and commercial real estate experience. Prior to joining Devco in 2021, she worked on the lending side for commercial real estate market rate loans.
As the Underwriting Manager, Maelonni helps close refinances, sells tax credits, close bridge, construction, and permanent financing for DevCo and DevCo Preservation.
Maelonni graduated with of Bachelor of Arts in Business Administration from University of Washington with a focus in Finance (Go Huskies!).
In her free time, Maelonni enjoys spending time with her husband, daughter, and Australian Shepherd. She also loves travelling, baking, attending concerts, and crafting.
Carrie has over 20 years of diverse banking, finance, and mortgage experience. Prior to joining Devco in 2022, she held various roles of increasing responsibility with traditional banks, mortgage brokers, a commercial real estate innovative lender, and a REIT. Carrie has experience with both the sales and loan operations side of the business with experience structuring a variety of deal types including, residential, mixed-use, commercial real estate, construction, and bridge financing. She is well accustomed to building relationships and working in a deadline-driven environment reviewing deals, purchase and sale agreements, and with closing a high volume of monthly transactions.
As the Underwriting Manager, Carrie helps sell tax credits, close construction, permanent financing, bridge, refinance and bridge loans for DevCo and DevCo Preservation.
Carrie graduated with of Bachelor of Science in Business Administration Management from The University of Illinois at Chicago and was a member of the women’s basketball team.
In her free time, Carrie enjoys spending time with Stephen, and her four teenage children. She enjoys watching her children play sports, attending movies, traveling, cooking, and crafting.
Bio coming soon!
Lauren Baker is one of the newest members of the Devco Development Team in Bellevue, WA! As a Transaction Analyst, Lauren supports the transaction process and lifecycle. Lauren has over ten years of comprehensive leadership experience in compliance & operational support. She prides herself on her analytical, organizational, and communication skills. She is looking forward to the challenge of her new role and expanding her knowledge of commercial real estate.
Lauren enjoys spending time with her partner, Alton, their daughter Lilliana, and her bonus kiddos! She loves spending time with friends and family, going to concerts, traveling, and checking out the latest restaurants in her area.
Ashley Seavey serves as a Transaction Coordinator on DevCo’s Development Team in Bellevue, Washington. She is responsible for maintaining accurate and up-to-date comprehensive market research and providing broker support on financial analyses and data analytics. Her day-to-day focus on the details allows our brokers to guide our clients to make the most informed business decisions.
Ashley lives in Orting with her husband and two children. Ashley is originally from Orange County, California, and loves to fly down and visit family, along with having her family travel up to visit her. She loves her boxer and enjoys the river, golfing, and the outdoors.
“The opportunities for personal development at DevCo have been phenomenal, along with my long-term vision to get involved more in overseeing construction projects.”
Anna joined DevCo in 2023 as a Transaction Coordinator on DevCo’s Development team. Prior to working at DevCo, she worked on a legal team specializing in real estate tax credit work related to affordable housing development. She is looking forward to working on the developer side of LIHTC and market-rate transactions.
Anna graduated with a Bachelor of Arts degree in Comparative Religion and German from St. Olaf College in Northfield, MN. She has also completed her Paralegal Certificate from Hamline University in St. Paul, MN.
In her free time, Anna enjoys spending time with her cat, knitting sweaters, baking, reading, and trying to find the best coffee in the area. She also loves traveling and is excited to see more of the world.