Executive

Leadership Team

Wes Powell

Director, President, and Chief Executive Officer

Wes Powell

Wes served as Aimco’s Executive Vice President, Redevelopment from January 2018 until the company’s separation from Apartment Income REIT Corp. (“AIR”) in December 2020. During this period Wes oversaw the company’s redevelopment and development activities nationally, led acquisitions in the eastern U.S., and was a member of Aimco’s Investment Committee. From 2013 to 2018, Wes served as Senior Vice President, Redevelopment with responsibility for the eastern region. Since joining Aimco in 2004, Wes has overseen the development, redevelopment, and acquisition of multifamily assets valued at more than $5B, containing more than 15,000 apartment homes and located across more than a dozen U.S. markets. Prior to joining Aimco, Wes was a Staff Architect with Ai Architecture (now Perkins & Will) in Washington, D.C. Wes graduated from the University of Colorado’s School of Architecture and Urban Planning and earned his MBA from Northwestern’s Kellogg School of Management. Wes resides in Bethesda, Maryland with his wife, Kathryn, and their two daughters.

Lynn Stanfield

EVP & Chief Financial Officer

Lynn Stanfield

Lynn has over twenty years of experience in the real estate industry, primarily with Aimco. Lynn served as Executive Vice President, Financial Planning & Analysis and Capital Allocation from October 2018 until the company’s separation from Apartment Income REIT Corp. (“AIR”) in December 2020. During this period, Lynn oversaw various finance functions, was responsible for corporate and income tax strategy, and was a member of Aimco’s Investment Committee. Prior to October 2018, Lynn held various positions with responsibility for affordable asset management, income tax, and investor relations. In addition to her experience with Aimco, Lynn was engaged in public accounting at Ernst and Young with a focus on partnership and real estate clients and served as Assistant Professor of Accounting at Erskine College. Lynn holds a Master of Professional Accountancy from Clemson University and is a licensed CPA. Lynn and her husband John have been married for 25 years and have two daughters.

Jennifer Johnson

EVP, Chief Administrative Officer, & General Counsel

Jennifer Johnson

Jennifer served as Senior Vice President, Human Resources from August 2009 until the separation transaction in 2020, which resulted in two separate public companies, Apartment Investment and Management Company (“Aimco”) and Apartment Income REIT Corp. (“AIR”). She joined Aimco as Senior Counsel in 2004. Prior to joining Aimco, Jennifer was in private practice with the law firm of Faegre & Benson LLP (now Faegre Drinker Biddle & Reath LLP) with a focus on labor and employment law and commercial litigation. She graduated first in her class from the University of Colorado Law School in Boulder, where she met Bill, her husband of 20 years. Jennifer and Bill are blessed with two wonderful daughters.

Derek Ullian

SVP, WEST DIVISION

Derek Ullian

Derek is responsible for overseeing redevelopment, construction, and acquisition activities on the West Coast. From January 2018 to December 2020, Derek served as Vice President, Redevelopment with responsibility for the western region. Since joining Aimco in August 2016, Derek has led $120M in redevelopments for multiple regions, including Chicago, Los Angeles, San Diego, and Northern California. Prior to joining Aimco, Derek was the Director of Construction and Design for Benchmark Real Estate Group in New York City, and a Project Architect with Hellmuth, Obata + Kassabaum (HOK) in New York/San Francisco/Seattle. He has a Bachelor of Architecture from Florida Atlantic University and is a member of the American Institute of Architects. Derek resides in Marina del Rey, California with his wife, Tiffany, and their son.

Elizabeth “Tizzie” Likovich

SVP, Central Division

Elizabeth “Tizzie” Likovich

Tizzie is responsible for overseeing the development, construction, and acquisition activities within the central United States. Tizzie joined the company in March 2020. She began her career at Aimco as Vice President, Redevelopment, and was instrumental in bringing several large projects across the finish line. Prior to coming to Aimco, Tizzie was Senior Director, Development at UDR, Inc. where she led development projects in five markets across the country. She was instrumental in constructing 2,400 homes and 100,000 square feet of retail space around the United States, valued at more than $1.7B. Tizzie earned her AB cum laude from Harvard College where she was also a member of the Radcliffe Lightweight Crew Team. She earned her MBA with a focus in Real Estate from The Wharton School of the University of Pennsylvania while achieving academic distinction. Tizzie lives in Denver, Colorado, with her husband of twelve years, Ed, and is the current Aimco record holder for having the most daughters.

Lee Hodges

SVP, Southeast Division

Lee Hodges

Lee is responsible for overseeing redevelopment, construction, and acquisition activities within the southeastern United States. From 2015 to 2020, Lee led South Florida redevelopment activities for over 1,300 apartment homes valued at more than $290M. He currently oversees over $500M of redevelopment and development planning and construction in South Florida. With over 25 years of experience in real estate, he has held leadership positions at Peebles Development, Housing Trust Group, and The Related Group of Florida, and has led the successful completion of over $2B of development and redevelopment. Lee holds an undergraduate degree from Kennesaw State University and an MBA from Florida International University.

Matt Konrad

SVP, National Transactions, Mid-Atlantic Division

Matt Konrad

Matt is responsible for overseeing acquisitions and dispositions nationally as well as overseeing the development, construction, and acquisition activities within the northeastern United States. Matt joined the company in 2017 as Vice President of Transactions for the eastern United States. From May 2017 to December 2020, Matt acquired for Aimco over $900 million of property in greater Boston, Philadelphia, Washington, D.C., and Miami, over two-thirds of which were off-market. Deal structures have included joint ventures, OP units, and entity purchases. Matt has led acquisition efforts for over $2.2B of transactions, including 750,000 square feet of commercial space, 4,100 residential units, and 4.2 million square feet of development. Prior to joining Aimco, Matt held acquisition and development roles for Brandywine Realty Trust and Akridge, a Washington, D.C.-based developer. Matt has a bachelor’s degree from The University of Maryland, College Park, and an MBA from Georgetown University. Matt resides in Alexandria, VA with his wife, Meredith, and their three children.

Tom Marchant

SVP, Accounting, Tax, FP&A

Tom Marchant

Tom has over fifteen years of experience working in the real estate industry, with expertise in tax, financial statements, SEC filings, accounting, and financial accounting. Tom has worked with Aimco since 2014 when he joined as VP of Tax. In December 2020, Tom also took on oversight of FP&A, following the company’s separation from Apartment Income REIT Corp. In August of 2021, Tom was promoted to Senior Vice President, overseeing Accounting, Tax, and FP&A. In addition to his experience with Aimco, Tom previously worked for Extra Space Storage and Deloitte. Tom holds a Master of Accounting degree from Utah State University and is a licensed CPA. Tom and his wife Monica have been married for 21 years and have three beautiful daughters.

Robert A. Miller

Chairman of the Board of Directors

Robert A. Miller

Mr. Miller is the Chairman of the Board. Mr. Miller was first elected a Director of the Company in April 2007, and served as Lead Independent Director from April 2020 until the Separation.  Mr. Miller is also a member of Aimco’s Audit, Compensation and Human Resources, Nominating, Environmental, Social, and Governance, and Investment Committees. Mr. Miller is past Chairman of the Redevelopment and Construction Committee. Mr. Miller serves as President of RAMCO Advisors LLC, an investment advisory and business consulting firm. Mr. Miller previously served as Executive Vice President and Chief Operating Officer, International of Marriott Vacations Worldwide Corporation (“MVWC”) from 2011 to 2012, when he retired from this position. Mr. Miller served as the President of Marriott Leisure from 1997 to November 2011, when Marriott International elected to spin-off its subsidiary entity, Marriott Ownership Resorts, Inc., by forming a new parent entity, MVWC, as a new publicly held company. Prior to his role as President of Marriott Leisure, from 1984 to 1988, Mr. Miller served as Executive Vice President & General Manager of Marriott Vacation Club International and then as its President from 1988 to 1997. In 1984, Mr. Miller and a partner sold their company, American Resorts, Inc., to Marriott. Mr. Miller is a CPA (inactive) and served for five years as a staff accountant for Arthur Young & Company. Mr. Miller is past Chairman and currently a director of the American Resort Development Association and is past Chairman and director of the ARDA International Foundation. Mr. Miller has served on the board of directors of AIR since the Separation and will serve until AIR’s 2021 annual meeting. As a successful real estate entrepreneur and corporate executive, Mr. Miller brings particular expertise to the Board in the areas of operations, management, marketing, sales, and development, as well as finance and accounting.

Quincy L. Allen

Director

Quincy L. Allen

Mr. Allen was appointed as a Director of the Company in December 2020 and is currently a member of Aimco’s Audit, Compensation and Human Resources, Nominating, Environmental, Social, and Governance, and Investment Committees. Mr. Allen is Co-Founder and Managing Partner of Arc Capital Partners, a Los Angeles real estate investment firm that specializes in urban mixed-use environments.  Prior to co-founding Arc Capital, from 2003 to 2013, Mr. Allen worked with Canyon Partners, where he was a Managing Director and investment committee member of the Canyon-Johnson Urban Funds, a partnership between Canyon Partners and Earvin “Magic” Johnson. Prior to joining Canyon Partners, Mr. Allen was an executive with Lazard Frères focused on workouts and portfolio management. Prior to joining Lazard, Mr. Allen held various positions with Archstone Communities and Security Capital Group.  Mr. Allen graduated from Wayne State University (B.S. Finance Major, Summa Cum Laude) and Harvard Business School (MBA). Mr. Allen is on the board of the Mike Ilitch School of Business (Wayne State University), Wilshire Center Business Improvement District and Think Together. Mr. Allen is an active member of Urban Land Institute, the National Multi Housing Council and the Pension Real Estate Association. Mr. Allen brings particular expertise to the Board in the areas of real estate investments, development, finance, and portfolio management.

Terry Considine

Founder and Director

Terry Considine

 

Mr. Considine is a member of the Board and is currently a member of Aimco’s Investment Committee. He served as Chairman of the Board and Chief Executive Officer from Aimco’s July 1994 initial public offering until the Separation. Mr. Considine has specific responsibilities during 2021 and 2022 to support the establishment and growth of the Aimco business, reporting directly to the Board. Mr. Considine is Chief Executive Officer of AIR and also a member of the AIR board of directors. Mr. Considine has considerable experience in real estate and other industries. Among other real estate ventures, in 1975 Mr. Considine founded and subsequently managed the predecessor companies that became Aimco at its initial public offering in 1994.

Patricia L. Gibson

Director, Chairman of the Aimco-AIR Transactions Committee

Patricia L. Gibson

Ms. Gibson was appointed as a Director of the Company in December 2020 and is currently the Chairman of the Aimco-AIR Transactions Committee. She is also a member of Aimco’s Audit, Compensation and Human Resources, Nominating, Environmental, Social, and Governance, and Investment Committees. Ms. Gibson is a founding principal and CEO of Banner Oak Capital Partners, a fully integrated, independent investment management platform and Registered Investment Advisor.  She oversees all investment activity and is responsible for establishing and implementing the firm’s strategic direction. Banner Oak was launched from its predecessor firm, Hunt Realty Investments. Prior to co-founding Banner Oak, Patricia was the president of Hunt Realty Investments, where she led the commercial real estate investment management activities for the Hunt family of companies. Before joining Hunt, Ms. Gibson held senior positions at Goldman Sachs’ real estate subsidiary, where she oversaw portfolio management and the capital market efforts for over $4 billion in commercial real estate assets. She began her real estate investment career in 1985 at The Travelers Realty Investment Company, where she spent nine years on the debt and equity side of the business.  Patricia is a member of Urban Land Institute and was formerly vice chairman of the Industrial and Office Parks Red Council.  She is a member of the executive council of the University of Texas Real Estate Finance Council and is a member of the National Association of Real Estate Investment Managers, where she previously served as its chairman. She is on the board of directors of Pacolet Milliken Enterprises, a private investment company focused on energy and real estate, where she serves as the chair of the Compensation Committee. She is also a director of RLJ Lodging Trust. Patricia holds an MBA from the University of Connecticut and a BS in finance from Fairfield University and is a chartered financial analyst. Ms. Gibson brings particular expertise to the Board in the areas of real estate finance, investment, and asset management.

Jay Paul Leupp

Director, Chairman of the Audit Committee

Jay Paul Leupp

Mr. Leupp was appointed as a Director of the Company in December 2020 and is currently the Chairman of the Audit Committee. He is also a member of Aimco’s Compensation and Human Resources, Nominating, Environmental, Social, and Governance, Investment, and Aimco-AIR Transactions Committees.  Mr. Leupp is the Managing Partner and Senior Portfolio Manager on Terra Firma Asset Management’s Global Real Estate Securities team. He began working in the investment field in 1989. Prior to co-founding Terra Firma in 2019, Mr. Leupp served as the Managing Director and Portfolio Manager/Analyst on Lazard Asset Management’s Real Estate Securities team, a business that was created with the sale of Grubb & Ellis Alesco Global Advisors to Lazard in 2011. Prior to joining Lazard, Mr. Leupp was the President and Chief Executive Officer of Grubb & Ellis Alesco Global Advisors and served as the Senior Portfolio Manager for their real estate securities mutual funds. Mr. Leupp founded Alesco in 2006 and had been its President and Chief Executive Officer since its inception. Prior to founding Alesco, Mr. Leupp served as Managing Director of Real Estate Equity Research at RBC Capital Markets, an investment banking group of the Royal Bank of Canada, where he oversaw a five-person equity research team. Prior to joining RBC, Mr. Leupp served as Managing Director of Real Estate Equity Research at Robertson Stephens & Co. Inc., an investment banking firm where he founded the Real Estate Equity Research group in 1994. From 1991 to 1994, Mr. Leupp was a vice president of the Staubach Company, specializing in the leasing, acquisition, and financing of commercial real estate. From 1989 to 1991, he was a development manager with Trammell Crow Residential, one of the nation’s largest developers of multifamily housing. Mr. Leupp holds an MBA from Harvard University and a bachelor’s degree from Santa Clara University. He currently serves on the Board of Directors of Health Care Trust of America, G.W. Williams Company, The Sobrato Organization (Governance Board), Marcus & Millichap Corporation Holding Company (Advisory Board), Marathon Digital Holdings, San Francisco Catholic Charities, Chaminade College Preparatory (Los Angeles), and on the Policy Board of the Fisher Center for Real Estate at the University of California, Berkeley. Mr. Leupp is past chair (2007-2009) and serves as a Regent Emeritus on the Santa Clara University Board of Regents. He also serves on Santa Clara University’s Trustee Finance Committee, Leavey School of Business Advisory Board, and The Ignatian Center for Jesuit Education.  Mr. Leupp brings particular expertise to the Board in the areas of capital markets, corporate governance, real estate operations, finance, and development.

Wes Powell

Director, President, and Chief Executive Officer

Wes Powell

Mr. Powell was appointed as a Director and as President and Chief Executive Officer in December 2020. From January 2018 to December 2020, Mr. Powell served as Aimco’s Executive Vice President, Redevelopment, overseeing Aimco’s redevelopment and development activities nationally, leading acquisitions in the eastern U.S., and serving as a member of Aimco’s Investment Committee. From August 2013 to January 2018, Mr. Powell served as Aimco’s Senior Vice President, Redevelopment with responsibility for the eastern region. Since joining Aimco in January 2004, Mr. Powell has held various positions, including Asset Manager, Director, and Vice President of Redevelopment. Prior to joining Aimco, Mr. Powell was a Staff Architect with Ai Architecture (now Perkins & Will) in Washington, D.C. Mr. Powell graduated from the University of Colorado’s School of Architecture and Urban Planning and earned his MBA from Northwestern’s Kellogg School of Management.

Deborah Smith

Director

Deborah Smith

Ms. Smith was appointed as a Director of the Company in January 2021 and is currently a member of Aimco’s Audit, Compensation and Human Resources, Nominating, Environmental, Social, and Governance, Investment, and Aimco-AIR Transactions Committees. Ms. Smith is Co-Founder and Principal of The CenterCap Group. The CenterCap Group, formed in 2009, is a boutique investment bank providing strategic advisory, capital-raising and consulting related services to private and public sector companies and fund managers across the real assets industry. Ms. Smith heads the firm’s Strategic Capital, Mergers & Acquisitions and Execution efforts. She also serves as Chief Executive Officer of the firm’s two wholly owned subsidiaries, CC Securities and CenterCap Advisors. Prior to forming The CenterCap Group, Ms. Smith was Co-Head of Mergers and Acquisitions and a Senior Managing Director with CB Richard Ellis Investors (“CBREI”), where she also served on the Global Leadership Team, which oversaw execution of strategies and best practices. Prior to CBREI, Ms. Smith served as an investment banker with Lehman Brothers, Wachovia Securities, and Morgan Stanley. Ms. Smith has been involved in more than $100 billion of mergers, acquisitions and restructuring transactions and over $500 million of private capital raising assignments to support GP and LP positions for middle-market restructuring, acquisition and development projects across the retail, multifamily, office, hotel and industrial sectors. Ms. Smith is a frequent speaker at industry conferences and author of numerous industry articles for real estate focused publications. Ms. Smith has a Bachelor of Economics, with honors, and a Bachelor of Law, with honors, both from the University of Sydney.  Ms. Smith brings particular expertise to the Board in the areas of corporate finance, capital markets, banking, and marketing.

Michael A. Stein

Director, Chairman of the Investment Committee

Michael A. Stein

Mr. Stein was first elected a Director of the Company in October 2004 and is currently the Chairman of the Investment Committee. He is also a member of Aimco’s Audit, Compensation and Human Resources, and Nominating, Environmental, Social, and Governance Committees.  Mr. Stein is past Chairman of Aimco’s Audit Committee and past member of its Redevelopment and Construction Committee. From January 2001 until its acquisition by Eli Lilly in January 2007, Mr. Stein served as Senior Vice President and Chief Financial Officer of ICOS Corporation, a biotechnology company based in Bothell, Washington. From October 1998 to September 2000, Mr. Stein was Executive Vice President and Chief Financial Officer of Nordstrom, Inc. From 1989 to September 1998, Mr. Stein served in various capacities with Marriott International, Inc., including Executive Vice President and Chief Financial Officer from 1993 to 1998.  Mr. Stein has served on the board of directors of AIR since the Separation and will serve until AIR’s 2021 annual meeting, and is currently a member of AIR’s Audit, Compensation and Human Resources, and Nominating, Environmental, Social, and Governance Committees.  He also serves on the board of directors of InvenTrust Properties Corp. (“InvenTrust”), an open-air shopping center REIT headquartered in Downers Grove, Illinois, and on the InvenTrust audit and Nominating, Environmental, Social, and Governance committees. Mr. Stein previously served on the boards of directors of Nautilus, Inc., Getty Images, Inc., Providence Health & Services and The Fred Hutchinson Cancer Research Center. As the former audit committee chairman or audit committee member of two NYSE-listed companies, the former chief financial officer of two NYSE-listed companies, and having served in various capacities with Arthur Andersen from 1971 to 1989, including as a partner from 1981 to 1989, Mr. Stein brings particular expertise to the Board in the areas of corporate and real estate finance, and accounting and auditing for large and complex business operations.

R. Dary Stone

Director, Chairman of the Nominating, Environmental, Social, and Governance Committee

R. Dary Stone

Mr. Stone was appointed as a Director of the Company in December 2020 and is currently the Chairman of the Nominating, Environmental, Social, and Governance Committee.  He is also a member of Aimco’s Audit, Compensation and Human Resources, and Investment Committees. Mr. Stone is President and Chief Executive Officer of R. D. Stone Interests and a Managing Partner of Hicks Holdings, LLC. Mr. Stone has served in a variety of capacities at Cousins Properties, an NYSE listed REIT, including as a director on the Cousins Properties board at various times between 2001 and the present. From 2003 to the present, Mr. Stone has served as a director of Tolleson Wealth Management, Inc., a privately held wealth management firm, and Tolleson Private Bank (chair of audit committee and member of compensation committee of each). Mr. Stone is a former Regent of Baylor University (Chairman from June 2009 to June 2011), former Director of Hunt Companies, Inc., Parkway, Inc., and Lone Star Bank, and former Chairman of the Banking Commission of Texas. Mr. Stone brings particular expertise to the Board in the areas of real estate operations and development and corporate and real estate finance.

Kirk A. Sykes

Director, Chairman of the Compensation and Human Resources Committee

Kirk A. Sykes

Mr. Sykes was appointed as a Director of the Company in December 2020 and is currently the Chairman of the Compensation and Human Resources Committee.  He is also a member of Aimco’s Audit, Nominating, Environmental, Social, and Governance, and Investment Committees. Mr. Sykes is the Co-Managing Partner of Accordia Partners, LLC, a real estate development company, a role he has held since 2014. From 2005 to 2014, Mr. Sykes was the President and Managing Director of Urban Strategy America Fund, LLP, a New Boston real estate investment fund. From 1993 to the present, Mr. Sykes has served as President of Primary Corporation, a real estate company that owns commercial real estate. Mr. Sykes currently serves as a member of the Natixis Funds, Loomis Sayles Funds and Natixis ETF’s Board of Trustees, Federal Reserve Bank of Boston External Diversity Advisory Board, the Eastern Bank Corporation Board of Advisors, the Real Estate Executive Council Emeritus Board (Former-Chairman), Urban Land Institute’s New England Advisory Council, NAIOP Massachusetts Board Management Committee among others. In addition to other Director roles, he previously served on the Board of Ares Commercial Real Estate Corporation (NYSE:ACRE) and The Federal Reserve Bank of Boston from 2008 to 2014, including as its Chairman from 2012 to 2014. Mr. Sykes holds a Bachelor of Architecture degree from Cornell University, and is a graduate of The Harvard Business School Owner and President Management Program. Mr. Sykes brings particular expertise to the Board in the areas of real estate investment and development, real estate finance, and banking.