MEET THE TEAM


ADVISORY BOARD
Steven Powel
STEVEN J. POWEL
Executive Chairman

Steve Powel is the Executive Chairman of SitusAMC (previously Situs). Steve has more than 36 years of experience in the real estate industry, with 29 of those years spent at Situs and affiliates.

Prior to being named Executive Chairman of Situs AMC, Steve served as President, then Chief Executive Officer of Situs. During his tenure in these roles, assets under management increased from $15 billion to $175 billion, globally. He was chief architect of the firm’s growth strategy, sales and marketing. With the support of a very talented management team, Steve sponsored the creation of Situs University, a structured in-house educational platform; Situs’ Consulting Staffing Solution; Situs’ Financial Services Solution; and Situs’ Platform Solutions, a unique client focused dedicated business model, which has become an industry accepted standard for deal execution in the commercial real estate capital markets industry. He also helped accelerate the firm’s digital foundation, overseeing technology investments that led to process improvement and helped advance Situs’ professional service offering.

In 2004, Steve led the firm’s expansion into Western Europe and Asia. He also championed the firm’s M&A activity, with the acquisition of RERC, the preeminent third-party valuation oversight firm in the banking and institutional real estate industry, and HPI, the leading NPL servicer in Europe. Additionally, he oversaw the firm’s expansion into residential mortgage market with the acquisitions of The Collingwood Group and MoutainView Financial Services. In 2019, he played a contributing role in bringing together Situs and AMC to form SitusAMC, the industry’s most comprehensive provider of consulting, outsourcing, talent and technology solutions across the life cycle of both commercial and residential debt and equity.

PAUL K. DONOVAN
PAUL K. DONOVAN
Executive Chairman

Paul has over 20 years experience in private law practice combined with “Big Four” accounting experience advising REITs, investment funds, developers, builders, operators and consultants at each phase of the real estate life cycle.

Paul attended Northeastern University in Boston where he majored in business and became CPA soon after graduating. He then attended Suffolk Law School where he focused his study on tax and real estate law.

OPERATING TEAM
Pic of LETTY BIGGINS
LETTY BIGGINS

Letty Biggins has been in real estate since 2007. She has been successfully acquired, repositioned and stabilized approximately 50 multi-family housing communities.

Below are some of the areas she specializes in:

  • 100% self-managed
  • B/C Class Residential Multi Family Housing
  • Stabilizing Numerous Distressed MF Acquisitions
  • Repositioning of Stabilized Assets to Improved Cap Rates
  • Acquisitions & Operation of USDA RD MF Housing Units
  • USDA Rural Development
  • Project Based
  • Condo Conversions
  • Redevelopment of Historical MF Properties
  • LIHTC MF Acquisitions & Operations

She has successfully acquired over 50 multi-family housing communities.

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TIM MCLENDON

Tim McLendon works as an Analyst for Eastside Equities, identifying and valuing prospective acquisitions. He holds bachelor’s degrees in finance and Economics from The University of Pittsburgh. He is currently working towards a certificate in Commercial Real Estate Analysis and Investment from The Massachusetts Institute of Technology (MIT), anticipating graduation on June 19 th , 2019. Before transitioning into Real Estate, Tim achieved success in transporting goods globally while working as a Logistics Broker for a privately held freight management firm. He understands the driving force behind business and views new challenges as opportunities to succeed.

Pic of SHARON HARRELSON
SHARON HARRELSON

Sharon Harrelson has 22 years experience within the affordable residential real estate industry and currently focuses primarily on all aspects of operations and property management for Eastside Equities & Multi Housing Management. Eastside Equities has been involved in over 70 acquisitions and or dispositions of apartment communities throughout the Southeast Region of US.

Sharon is Certified Nationally as a Tax Credit Specialist and has overseen the management, operations and compliance for thousands of multi family housing units. Her experience also includes transitioning real estate acquisitions and dispositions of apartment communities in Tennessee, Virginia, North Carolina, South Carolina, Georgia, Florida and Texas. Current focus includes new additions in Alabama, Mississippi and Luisiana.

Sharon works closely with VHDA, NCHFA, SCHFA as well as other state and federal regulatory agencies and has had in-depth training in North Carolina & South Carolina. Sharon has an outstanding record of successfully completing annual audits each year for the last 9 consecutive years.

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Gil Maldonado
VP Capital Improvements & Property Preservation

Gilbert was born in Brooklyn, New York and is a die hard Yankee fan. In 1994, his family moved to North Carolina where he quickly acclimated to the beautiful mountains and took up his passion for fishing. Gilbert is married to his wonderful wife, Yesenia, and they have 4 beautiful children and now reside in Florida. Gilbert began his career in the multi-family real estate business in 1994 as a Maintenance Tech, where he learned the day-to-day operations and cultivated a keen connection to team members. Gilbert held many leadership positions throughout his career as a Regional Maintenance Manager and as a Regional Director of property operations for the eastern districts. His extensive knowledge in all aspects of preventive maintenance and construction has proven to be an asset. In June 2019, Gilbert took on a new role as Vice President of Capital Needs and Asset and Preservation for Eastside Equities.

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Miguel Valle
Supervisor of Capital Improvements

Miguel is Supervisor of Capital Improvements for Eastside Equities and Multi Housing Management. Miguel is a Master HVAC mechanic with extensive knowledge in all aspects of the construction and maintenance industry. Miguel is a true professional demonstrated by his routine commitment to excellence which sets him apart as an industry leader.

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Jennifer Salvato
Aiken Grand
TBD
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RILEY STOKES
City Walk Villas
TBD
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Sue Anne Wright
Coastal Villa
TBD
Pic of Sue Asiahana Graves
Asiahana Graves
Manchester Grand
TBD
Pic of Sue Alison Nelson
Alison Nelson
Rivergate Multi Housing
TBD
Pic of Sue Sandra Sisk
Sandra Sisk
Venus Lofts
TBD