For more than 75 years, the name Crosland has been associated with excellence and innovation in real estate. Founded in 1937 by John Crosland, the company has been a leader in the commercial and residential real estate markets throughout its history, developing, marketing and managing award-winning projects throughout the Southeast. Notable Crosland developments include: Biltmore Park Town Square in Asheville; Birkdale Village, Alpha Mill Apartments, Blakeney and Sharon Corners in Charlotte; and Oberlin Court and 712 Tucker in Raleigh.
In 2011, in response to the industry's shifting economic conditions, Crosland divested its operating divisions, choosing to focus exclusively on asset management and financial oversight of its current portfolio of properties. The decision reflects the company's ongoing commitment to responsible fiscal stewardship and its proven ability to effectively forecast and adapt to changing markets. Crosland's investment strategy emphasizes capital preservation and incentive alignment between the firm's investors. The company focuses on long-term value creation and a hands-on asset management approach.
Tenure with Crosland: Since May 2004
Professional Experience
Adam currently oversees the operations of the entire organization. He is focused on on maximizing value of the company's portfolio to include disposition, recapitalization and strategic investments. He is responsible for asset management, financial reporting, annual business planning, and budgeting.
Adam began his tenure at Crosland as the Vice President of Operations in the Residential Division. In this role he directed Crosland's 120 person property operations team which managed more than 30 properties and 5,000+ units. Adam also was responsible for the division's existing project financing, fee managed portfolio, and acquisition/disposition strategy and execution. During his time in operations he oversaw transactions totaling more than $120 million. In addition, Ford worked in residential multi-family development. He then served as the Chief Operating Officer of Crosland's Southeastern Investment Fund and directed Crosland's efforts in acquiring and enhancing the value of land investments as part of the Fund.
Prior to joining Crosland, Adam worked with management consulting firm Bain & Company, where he provided strategic counsel to clients in a variety of industries. He also worked for six years as an executive in customer business development for Procter & Gamble.
Affiliations and Accreditations:
Education:
Tenure with Crosland: Since June 2002
Professional Experience
Katie's responsibilities at Crosland include management of all federal, state and local tax consulting and compliance. Prior to joining Crosland, Katie was employed by ProLogis as Vice President where she headed the tax department for the $7 billion market cap Real Estate Investment Trust with global operations. She was also responsible for ProLogis' tax activities while employed by Security Capital Group, which initially owned 100% of ProLogis. Before joining Security Capital, Katie was a staff tax accountant for Coopers & Lybrand.
Affiliations and Accreditations:
Education:
Tenure with Crosland: Since December 2000
Professional Experience
As vice president of finance for Crosland, Stephanie Repak is responsible for analyzing the financial results and statistics of Crosland's various divisions and presenting this information in a meaningful format for executive management and decision-making. In this role, she develops and implements various financial models used in tracking historical results, analyzing current results, and budgeting/forecasting future results over both short and long term time horizons. In addition to this role, she works in conjunction with the CFO on a variety of transactions and initiatives such as real estate financings, the annual company valuation, presentations, ad hoc analyses, and the review of contractual agreements. Previously, she managed the internal budgeting, forecasting, and financial reporting functions for ProLogis Trust, a $7 billion publicly traded real estate investment trust.
Affiliations and Accreditations:
Education:
Tenure with Crosland: Since 1999
Professional Experience
She is responsible for the accounting, systems and reporting activities supporting the entire operations of the company. Zweier joined Crosland in 1999 as controller, then moved upwards to financial reporting on then on to lead as vice president. Zweier practiced from 1980-84 as an auditor with Ernest & Whinney before moving on to a number of finance positions, primarily manager and controller, with Clariant Corp. from 1984-1999.
Affiliations and Accreditations:
Education:
Tenure with Crosland: Since 1997
Professional Experience
Laurie Rogers oversees all accounting and financial operations for the company. She has reviewed and approved the Quarterly Consolidated Financial Statements for 400 entities, over the last 6 years and prepared corporate and four divisional budgets. She has reviewed and approved the recording of all major transactions, including 20 transactions in 2010 and 40 in 2011 including a bulk disposition of 14 assets. She also provided oversight of $125 million Crosland Southeastern Investment Fund, a land fund with Northwestern Mutual Life. Laurie had previously worked as a Finance Manager in the Office & Industrial division and started in the Land division.
Laurie was previously Chief Financial Officer of Keymarket Communications in Augusta, GA and cut her teeth in accounting at KPMG Peat Marwick as a public accountant.
Affiliations and Accreditations:
Education:
Tenure with Crosland: Since 2006
Professional Experience
As Crosland's Manger of Forecasting and Analysis, David Arnold assists Crosland's Senior Management and Operating Divisions with preparing financial forecasts and valuations for Crosland's potential investments, its existing portfolio, as well as analyzing their inherent financial and operating structures. In this role, David also assists with the compilation and creation of Crosland's annual budget forecast, as well as assisting the Financial and Accounting Divisions within Crosland with providing up to date reporting of actual and forecasted financials for its various investments. In addition to these duties David assists the Chief Financial Officer and Crosland's Senior Management with various analyses and reporting which include sales forecasts, operating income forecasts, underwriting of assets for acquisition and development, as well as analyzing potential and existing capital/deal structures.
From 2006-2009, David served as a Project Analyst for Crosland's Community Development Division in Florida, where he conducted market research for project positioning, underwrote numerous potential projects for potential acquisition, as well as prepared the annual budgets for its various active Communities. David also assisted with the coordination of the Community Development Division's cost and revenue monitoring systems for their development pipeline.
Affiliations and Accreditations:
Education:
For assistance in corporate or financial matters, please email us at info@crosland.com or call us at 704-529-1166.
Mailing Address:
5960 Fairview Road
Suite 200
Charlotte, NC 28210
Phone: 704.529.1166
Fax: 704.523.7110
For press or media inquiries, please contact:
Julianne McCollum
Yellow Duck Marketing
704-271-9556
julianne@yellowduckmarketing.com