Section: Development

Trevor Martinez oversees the Midwest Region for Devco Residential Group’s development team. He is responsible for sourcing, underwriting, and executing on development transactions including overseeing regulatory applications, raising debt, equity, and subsidy capital, managing internal and external design teams, and leading entitlement efforts. Trevor has a decade of experience in the real estate development industry…

Lauren Baker is a Transaction Manager with DevCo Development based in Bellevue, Washington. She plays a key role in supporting the structuring and execution of development transactions, working closely with internal teams and financial partners to guide projects through key milestones toward closing. Lauren brings more than a decade of leadership experience in compliance and…

Shawna joined Devco at the end of 2022 as Executive Assistant to President of Development David Ratliff. Her main responsibilities include providing support to David, working on projects for the development team and other operational items.   Before joining Devco, Shawna spent 7 years working in Seattle’s residential real estate industry. She was Executive Assistant…

David brings over three years of specialized Section 42 underwriting experience. Before joining DevCo, he worked with National CORE, a nationally recognized non-profit community builder focused on affordable, multifamily, mixed-income, senior, workforce, and special-needs housing. During his tenure, David valued more than $2.5 billion in Section 42 assets, sourced acquisition opportunities, conducted market research across…

Lindsay Kruse joined DevCo in October 2022 and serves as a Transaction Manager for the Intermountain region and Midwest, where she manages all stages of the LIHTC transaction process. She brings analytical strength, legal insight, and a client-focused approach to each deal, overseeing complex due diligence and multifamily financial closings while supporting Development Managers. Known…

Nick LaCoul joined DevCo in July 2022. He currently serves as a Senior Development Associate covering the Southwest Region. Nick’s responsibilities include analyzing and pursuing new multifamily development and acquisition opportunities, securing financing, and managing projects to construction-completion. Prior to joining DevCo, Nick spent 5 years working at KeyBank (NYSE: KEY) where he worked on…

Nick Storlie joined DevCo in January 2022 where he serves as a Senior Development Associate 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…

Maelonni Thompson joined DevCo in 2021 as the Transaction Manager for the development team and transitioned to the role of Corporate Transaction Manager in 2024. She has over a decade of experience in the commercial real estate industry. In her current position, she supports strategic corporate initiatives, manages organizational transitions, and drives process improvements designed…

Chase has been with DevCo Residential Group for 5 years and currently oversees the Intermountain Region as a Development Manager. In those 5 years, Chase has sourced, entitled, and financed over 15 LIHTC transactions across five different states. Chases’ efforts during his time with DevCo have created or preserved nearly 2,000 affordable housing units in…