Archives: Teams
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Jack Hunden
Jack is the founder of the DevCo group of companies and Managing Member of DevCo, LLC. As such, he is responsible for the overall direction of DevCo and its affiliates. Jack has been building multi-family properties since 1975. Jack’s greatest joy is seeing the DevCo team engage with each other and DevCo’s stakeholders to design,…
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David Ratliff
David oversees all multifamily development for DevCo Residential Group and supports the CEO in day‑to‑day operations. Appointed successor CEO by his business partner and mentor, Jack Hunden, David is dedicated to empowering his team to make a meaningful impact on tenants’ lives through high‑quality housing. As President of DevCo, LLC and DevCo Preservation, LLC, he…
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Tom Neubauer
Tom currently leads the construction and design for Heartland Construction. He began his career as a Project Manager in 1996, and since then has been involved in multiple capacities for all 9,000+ units DevCo Residential Group has developed and built. Tom has a BA in Business Administration, and a BS in Construction Management from the…
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Sam Buckingham
As President of Construction at DevCo US Construction LLC, Sam leads a dedicated team of professionals to ensure that every nationwide multifamily project is completed on time, on budget, and with the highest standards of quality and safety. Since joining DevCo in 2022, he and his team have completed the renovation and new build of…
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MICHAEL VOLZ
As President of Finance & Investments, Michael Volz leads DevCo Residential Group’s capital markets, investment strategy, and financial operations. He oversees underwriting, deal structuring, and corporate financial planning while providing executive leadership to the CFO function and Asset Management. Michael holds a Bachelor of Music from the University of Puget Sound and a Master of…
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Ajoy Chandra
Ajoy Chandra leads DevCo’s key financial functions, including Accounting, Financial Reporting, Treasury, and Financial Planning & Analysis. He is charged with maintaining the company’s internal controls and works closely with our real estate investment and development platforms. In addition, Ajoy oversees DevCo’s IT and Data Analytics teams. Ajoy possesses upwards of twenty years of Finance…
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SUE DUNN
Sue is a results-driven senior level finance executive with over 25 years of progressive experience in finance and accounting. She has extensive experience in property management, residential homebuilding, commercial development and construction, multifamily housing, construction companies, land development and master planned communities. Sue is an energetic leader who is passionate about building high performing teams…
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JOAN TOIGO
As Vice President of Human Resources, Joan Toigo is responsible for leading the company’s talent strategy, planning and operations including recruiting, employee relations, performance management & evaluation, talent development, compensation, benefits, payroll/operations, regulatory compliance and risk management. Joan brings over 30 years of experience in Human Resources and Employment Law, spanning a variety of industries…
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Jonathan Messerschmidt-Rogers
As Vice President of Compliance, Jonathan Messerschmidt-Rogers is responsible for overseeing audits related to Housing Finance Agencies, HUD, Investors, and other Affordable Housing programs. He manages all regulatory compliance aspects within the property management software and ensures efficient compliance operations are used. His role is critical in maintaining regulatory standards and supporting system-wide functionality. Jonathan…
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Kim Spinney
Kim Spinney joined DevCo in 2024 as Director of Asset Management. The Asset Management Department oversees DevCo’s portfolio of multifamily properties nationwide. Representing DevCo as Owner, the Department is responsible for ensuring program compliance, achievement of financial milestones, maintenance of the physical asset and maximizing the performance of Section 8 and Section 42 financed assets…
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Shawna Mori
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…
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Kaitlyn Jackson
Kaitlyn Jackson is a seasoned attorney with over eight years of experience in real estate litigation, contract negotiation, and corporate law. Before elevating to the role of VP of Litigation and Risk Management, she was the Director of Legal Services at DevCo. In her current role, she leads the company’s legal litigation strategies with a…
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Sean McGranahan
Sean McGranahan has spent more than 34 years in the Information Technology industry, building a career defined by expertise, leadership, and a deep passion for technology. Over the years, he’s specialized in Data Center Management, Infrastructure, and Operations, playing a key role in keeping complex systems running smoothly and securely. Known for his hands-on approach…
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Travis Gold
As Director of Marketing, Travis Gold leads the Marketing Department at DevCo Residential Group, overseeing the development and execution of comprehensive marketing strategies for DevCo, its affiliate companies, and a real estate portfolio encompassing more than 10,000 apartment homes. His team manages all aspects of advertising and promotions, brand identity, creative development, public relations, and…
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LINDSEY BAUER
Lindsey brings more than 19 years of professional accounting experience within the affordable housing industry. She is highly proficient in complex financial analysis and reporting, with advanced expertise in Yardi Systems. As Property Controller, Lindsey leads a team of Property Accountants with a strong emphasis on accuracy, accountability, and operational excellence. She is known for…
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Andy Schock
As Capital Markets Manager, Andy manages internal workflows and external relationships related to the financing of the company’s Low Income Housing Tax Credit and other multifamily investment development pipeline. This includes initiatives surrounding Devco’s typical 4% Bond investment strategy, as well as market rate and blended affordability standard housing financing. Andy’s experience in real estate…
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DALTON ARNDT
Dalton Arndt serves as The Northwest Development Manager at Devco Residential Group (DRG), bringing 10 years of experience in multifamily development. With a Bachelor’s in Environmental Design from Montana State University and a Master of Science in Real Estate from Georgetown University, Dalton plays a vital role in driving DRG’s growth by leading programs across…
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CHASE HUBER
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…
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GRIFFIN HITZEL
As the Development Manager for the Southwest region, Griffin serves as the lead for all project opportunities in Arizona, Texas, New Mexico, and Nevada. Griffin leads all tasks related to 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…
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MAELONNI THOMPSON
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…
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Trevor Martinez
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…
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Nick Storlie
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…
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Jack Jensen
Since joining DevCo in 2022, Jack has worked on projects in the Midwest, Southwest, and Intermountain Region. During that time, he has closed 8 LIHTC transactions resulting in the creation or preservation of 1,200 workforce housing units. Jack now focuses his efforts solely on the Intermountain states, where he underwrites new opportunities, structures Purchase and…
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Nick LaCoul
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…
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David Wallace
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…
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Faith Lee
As the Financial Accounting Manager, Faith oversees all development-related financial activities from acquisition through project completion. Her team is responsible for managing and improving core accounting functions, financial reporting, budget tracking, and ensuring compliance with accounting principles and regulations. Prior to joining DevCo, Faith began her career at Dominium. Her experience in both property and…
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Emma Olgard-Rufin
Emma began her real estate career in 2013 with CBRE Asset Services, managing Class A high-rise buildings in Seattle’s Central Business District. After three years in commercial property management, she transitioned into affordable multi-family brokerage, joining the CBRE Affordable Housing team. Emma spent three years as a Financial Analyst before advancing to the role of…
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Lindsay Kruse
Lindsay manages all stages of the real estate transaction process, bringing analytical strength, legal insight, and a client-focused approach to each deal. She oversees complex acquisitions, due diligence, and closings while coordinating seamlessly with internal teams and external partners. Known for her clear communication, she builds strong, trusted relationships with consultants, investors, lenders, and legal…
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Naomi Carrara
Naomi Carrara is the Office Manager at DevCo Residential Group.
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Lauren Baker
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…