
| Erin Autry Montgomery Project Manager Chelsea Investment Corporation With a background in finance and real estate development, Erin's responsibilities range from evaluation of project feasibility to overseeing the entitlement process and obtaining funding sources. Additionally, her scope includes closing on financing and tax credit syndication, coordination of due diligence and construction and lease-up. Erin holds a BA degree from Harvard College in Sociology, a Master of Design in Real Estate from Harvard Graduate School of Design, and a Master of Arts in Preservation Studies from Boston University. |
| Matt Grosz Project Manager Chelsea Investment Corporation Matt joined Chelsea Investment Corporation's development team in July of 2011. In his capacity as a Project Manager, Matt is responsible for site and building acquisition, securing entitlements and funding sources, coordinating due diligence efforts, structuring and closing financing, as well as oversight of design, construction and operations. Prior to joining Chelsea, Matt was employed as a Vice President with Red Capital Group where he operated as an investment and mortgage banker in Red Capital's equity syndication and multifamily mortgage banking divisions. Before joining Red, he managed the Northern and Central California operations for a multinational subprime mortgage bank. His background includes 10 years of experience in real estate finance. He graduated cum laude from Saint Mary's College of California with a degree in Economics and Business and was honored as top in his class at the University of San Diego where he received a Master of Science in Real Estate. Matt is a registered Series 7 General Securities Representative and California Licensed Real Estate Broker. |
| Bob Cummings Project Manager Chelsea Investment Corporation Bob has over 22 years of real estate development experience. Previous to Chelsea, he was the San Diego Division President for Barratt American for 5 years. Prior to Barratt, he was with K. Hovnanian Homes for 12 years and was their San Diego Area President. Bob also worked 5 years at Patrick Development after his service as a Naval Flight Officer, flying the carrier based S-3 Viking jet. He received his MBA from the University of San Diego and his BS from the United States Naval Academy, Annapolis. He was the 2010 Chairman of the San Diego Building Industry Association. |
| Tim Baker Project Manager Chelsea Investment Corporation Tim Baker has over 20 years of experience in affordable housing development, commercial real estate development and financing in San Diego. In the affordable housing field, he has worked for a local non-profit developer as well as a state-wide non-profit developer of affordable housing resulting in the development of over 600 housing units. Tim's overall scope as Project Manager is managing affordable housing development from conception through completion and lease-up. Specific responsibilities include implementing or overseeing acquisition, community coordination, entitlement, construction, financing, marketing and lease-up. Tim holds a BA degree in History with a Minor in Business from University of Notre Dame, a Master of Business Administration from University of San Diego, and a Master of City Planning with a Concentration in Housing and Project Development UC Berkeley. |
| Shannon Vanderhei Project Manager Chelsea Investment Corporation Shannon Vanderhei has been a real estate professional for over 15 years while working for real estate development, syndication, lending and property management companies. Her experience includes acquisitions, dispositions, financing, property management, asset management, construction, rehabilitation, and due diligence. Her role at Chelsea Investment Corporation includes financing and financial modeling of projects along with assisting in the closing and conversion of projects. Shannon earned a B.B.A. in Real Estate and Marketing from the University of Wisconsin at Milwaukee. |
| William R. Peavey Managing Director Chelsea Investment Corporation Mr. Peavey has over 35 years of experience as a CEO, CFO and Board member with technology companies from start-up to $125 million in revenues. He has taken one semiconductor company (Brooktree Corporation, later acquired by Conexant) from start-up through its IPO and served as their public company CFO for more than 2 years, advised on another IPO, sold a company to a public company as CEO, and has participated as a CFO/CEO, Board member, advisor and investor for many San Diego technology companies. He has co-founded and sold a technology company to Cirrus Logic. He has significant hands on experience in real estate transactions, international operations, mergers, acquisitions and divestitures, human resource management, budgeting and financing. Most recently he served as President and CEO of Nurlogic Design, Inc, a mixed signal and analog intellectual property company for the semiconductor industry which was sold in 2003 to Artisan Components, a public company later acquired by ARM Holdings plc. Since 2003 he has been a consultant advising early stage technology companies including RF Magic, Symwave, Ethertronics, Syntricity, Amulaire Thermal Technology and others. Mr. Peavey received his BA from Stanford University and his MBA from San Diego State University and is a licensed CPA. |
| Nkechi Odu Outside Counsel With a background of representing lenders and equity investors in the financing of affordable housing and developments throughout the country, Nkechi provides advice across the spectrum of our operations and is closely involved with closing new transactions, conversations, and other transactional matters. She earned her Juris Doctorate from NYU School of Law and received her B.S. degree from the University of Florida, where she graduated with honors. |

