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Study Group: Homebuilding Joint Venture Experts

Council Members in this Study Group: 63

This study group may include experts knowledgeable on topics in real estate including: commercial property, residential property, corporate real estate, construction, design, contracting, real estate investment, real estate investment trusts, and residential and commercial real estate brokerages, among others.

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Leading institutions connect with members of this Study Group through GLG

Leading Experts in this Study Group

Dennis Cisterna, III, Principal, American Pacific DevelopmentDennis Cisterna, III

Principal
American Pacific Development
What is a GLG Leader?|GLG Leaders are a separate tier of Council Members with a Council Rank in the top 5%. These GLG Member Program participants are eligible for ongoing, in-depth consultative relationships with GLG clients.

Dennis Cisterna is the Vice President of Acquisitions at Broberg Capital, a real estate investment firm focused on distressed opportunities in the United States. Mr. Cisterna was previously a Principal with American Pacific Development and a Land Acquisition Director at Toll Brothers, one of the nation's...

Carl Streck

Principal
Trinity Development Group
What is a GLG Leader?|GLG Leaders are a separate tier of Council Members with a Council Rank in the top 5%. These GLG Member Program participants are eligible for ongoing, in-depth consultative relationships with GLG clients.What is a Premium Council Partner?|Premium Council Partners are leading Professional Service Firms that work exclusively with GLG.

Carl Streck is the Principal of Trinity Development Group in Atlanta, GA. Mr. Streck has experience working in the development business from completing thousands of single and multi-family units in Florida and Georgia. He has worked on numerous land banking deals with all of the top ten public homebuilders...

David Keller

FormerChief Financial Officer
Technical Olympic USA Inc.
What is a GLG Leader?|GLG Leaders are a separate tier of Council Members with a Council Rank in the top 5%. These GLG Member Program participants are eligible for ongoing, in-depth consultative relationships with GLG clients.

David J. Keller most recently served as the Chief Financial Officer and Treasurer at Technical Olympic, a NYSE national homebuilding company. Prior to this, Mr. Keller served as the Chief Financial Officer at Citifinancial, a subsidiary of Citigroup. Previously, he served as the Chief Financial Officer...

Lawrence Comegys, President, Ashwood Investment Inc.Lawrence Comegys

President
Ashwood Investment Inc.
What is a GLG Leader?|GLG Leaders are a separate tier of Council Members with a Council Rank in the top 5%. These GLG Member Program participants are eligible for ongoing, in-depth consultative relationships with GLG clients.

Lawrence Comegys is President of Ashwood Investments Inc. in Tampa, FL, a residential land developer. Previously, Mr. Comegys served as Florida Region President for Meritage Homes, Florida Region President for Pulte Homes and President of Jim Walter Homes. He has over 25 years of experience in homebuilding...

Gregory Schulte

Senior Vice President, Chief Accounting Officer
The Corky McMillin Companies
What is a GLG Leader?|GLG Leaders are a separate tier of Council Members with a Council Rank in the top 5%. These GLG Member Program participants are eligible for ongoing, in-depth consultative relationships with GLG clients.

Greg Schulte is the Senior Vice President, Chief Accounting Officer at The Corky McMillin Companies, a large, privately-held full service residential and commercial real estate development and homebuilding company. Mr. Schulte was also a self-employed consultant, and an audit partner with the Big 4...

Richard Baland, Sole Proprietor, Richard Baland, CPARichard Baland

Sole Proprietor
Richard Baland, CPA
What is a GLG Leader?|GLG Leaders are a separate tier of Council Members with a Council Rank in the top 5%. These GLG Member Program participants are eligible for ongoing, in-depth consultative relationships with GLG clients.

Richard Baland is an Independent Healthcare Consultant. Previously, Mr. Baland was the Chief Financial Officer and Chief Compliance Officer at Richardson Medical Center in Rayville, Louisiana. He has also served Lutheran Social Services (LSSS), Yukon-Kuskokwim Health Corporation (YKHC), Texoma Womens...

Jim Belfiore, President, Belfiore Real Estate ConsultingJim Belfiore

President
Belfiore Real Estate Consulting
What is a GLG Leader?|GLG Leaders are a separate tier of Council Members with a Council Rank in the top 5%. These GLG Member Program participants are eligible for ongoing, in-depth consultative relationships with GLG clients.

Jim Belfiore is the President of Belfiore Real Estate Consulting in Phoenix, AZ. Belfiore Real Estate Consulting is a residential market research company that supports institutional and private investment groups, lenders, developers, and homebuilders in underwriting and planning single and multi-family...

Anthony Trella, CEO/President, The Meranth Company, Inc.Anthony Trella

CEO/President
The Meranth Company, Inc.
What is a GLG Leader?|GLG Leaders are a separate tier of Council Members with a Council Rank in the top 5%. These GLG Member Program participants are eligible for ongoing, in-depth consultative relationships with GLG clients.

Anthony J. Trella is owner and President of The Meranth Company, a development and investment management firm providing services to developers, builders, investment bankers, and lending institutions. He has been President/CEO or Senior Executive of such nationally recognized companies as Markborough...

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GLG NewsSM Analyses by this Study Group's Leading Experts (?)

Opinions and analyses expressed in GLG News are solely those of the author. See the Terms of Use for details.

Short Sales Are About to Increase

October 5, 2009

Short Sales: A Fraying Lifeline for Homeowners | www.businessweek.com

Treasury is announcing new terms that they hope will encourage more short-sales. These transactions have not been very effective in the past, and while this is probably not going to be a game changer, it’s wise to expect the incentives could spur some level of increase in short sales.

Thank You, Uncle Sam

September 2, 2009

Hope can fuel bulls' charge as stocks rally despite worries | www.usatoday.com

We believe that the recovery will be W-shaped and that April was only a false bottom. Our estimate is that there will be a slowing beginning in December, and that we will hit the true bottom in summer of 2010.

Policy Makers, CEOs and Investors Beware

August 26, 2009

1. Mortgage Rates to Benefit from Stabilized Home Prices, Jumbo Mortgage Rates in Particular | www.examiner.com

The emergence of home price stabilization is spotty and should not be over-simplified. It’s important to look at the underlying indicators to see where stabilization is actually taking place.

Has Housing Construction Really Bottomed?

August 26, 2009

U.S. Economy: Housing Starts Gain to Seven-Month High (Update1) | www.bloomberg.com

The recent good news in housing starts is based on seasonally adjusted data, which can fluctuate and affect solid conclusions. Non-seasonally adjusted data across a 12-month period is a more stable reflection of construction activity.

Brookfield's Sure Bet

August 19, 2009

Brookfield's $4.9-billion bet on the bottom | www.theglobeandmail.com

Brookfield's bet on the bottom of the market is an excellent strategy to tie up distressed lots before the housing market starts it's upward trend. The real question is where lot prices are going to go when the existing market is bought, and with no new lots in the pipeline, how high can prices go?...

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Members in this Study Group include these company types:

  • Operative Builder/Developer
  • Consulting Firm
  • Brokerage/Agency
  • Private Equity/Opportunity Fund
  • Real Estate Operating Company
  • Accounting & Audit Firm

Members in this Study Group often have these job titles:

  • Chief Executive Officer
  • Principal
  • President
  • Chief Financial Officer
  • Director