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Biographies

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David M. Stone

Photograph of David Stone David M. Stone
Chairman Emeritus
Western National Group

David M. Stone, as Chairman of Western National Group and one of its founding partners, continues to monitor major apartment acquisition and development opportunities. He has been involved in the real estate development since 1959. As a partner of WNG's predecessor company, IPS, Mr. Stone was responsible for forming more than 125 partnerships and developing over 10,000 apartments.

Mr. Stone earned a degree in Political Science from California State University at Long Beach and holds a certificate in real estate from UCLA.

Michael K. Hayde

Photograph of Michael K. Hayde Michael K. Hayde
Chairman of the Board and Chief Executive Officer
Western National Group

As Chief Executive Officer, Michael K. Hayde is responsible for the operations and organization of Western National Group, one of the Western United States larger privately held apartment owner/developer companies. Having joined the firm in 1971, he became president of Western National Properties, the development arm of WNG, in 1981. He became CEO of the Group in 1994 and since that time has led the Western National Group, which now owns, develops, manages and constructs apartment communities throughout California and the western United States. Mr. Hayde has been involved in the development and construction of over 40,000 multifamily units since joining WNG.

Mr. Hayde is former chair of the California Housing Council, Trustee of the Urban Land Institute and the ULI Foundation, and member of the Board of Directors for the National Multifamily Housing Council.

Mr. Hayde and former Orange County Sheriff, Brad Gates, have been honored locally and nationally for their efforts in founding and supporting the "Drug Use Is Life Abuse" program. Mr. Hayde is a member of the Ten Million Dollar Roundtable of the Tocqueville Society of the United Way. He is a Founding member of the United Way in Paris, France. He was the 2013 recipient of the National Tocqueville Society award. He is also involved in a number of local charities including Sisters of the Sacred Heart and the Orange County Sheriff's Advisory Council and the Medical Center Hospital at the University of California, Irvine.

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Rex F. DeLong

Photograph of Rex DeLong Rex F. DeLong
President
Western National Properties

Rex F. DeLong, as President of Western National Properties, is responsible for the company's development, acquisition, dispositions and asset management functions. Since joining WNG in 1994, he has spearheaded the growth of the development and acquisition functions and played an integral role in the development of key property owner relationships in Southern California, which has been the source of many new projects.

Mr. DeLong has over 35 years of extensive real estate experience in various areas, including over 12 years with financial institutions such as Wells Fargo, Crocker Bank, Union Bank and Security Pacific/Bank of America. Mr. DeLong's responsibilities included various senior management positions in the areas of construction loans, permanent loans, property dispositions and loan workouts.

Mr. DeLong earned a BS in Business Administration from California State University, Long Beach. He is a licensed California Real Estate Broker and is currently active in various trade and community activities. Mr. DeLong is a full member of the Urban Land Institute and is an active member of their Multifamily Council.

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James Gilly

Photograph of Jim Gilly James Gilly
President
Western National Builders and Western National Contractors

Mr. James Gilly, as President of Western National Builders (WNB) and Western National Contractors (WNC), is responsible for all of the construction activities for WNG. WNB and WNC are full service companies that build for the Western National Group and for third party Owners. Irvine Apartment Communities and Lewis Apartment Communities are just two of the prestigious Clients that have utilized their services. Over the past 24 years, Mr. Gilly has constructed over 28,000 apartment units nationally.

Mr. Gilly graduated from the United States Military Academy at West Point in 1972. He served in the United States Army and was a Captain when he completed his service obligation. He has experience in managing both construction and development activities for large apartment developers and brings a depth of multi-family experience to the company.

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Jeffrey R. Scott

Photograph of Jeff Scott Jeffrey R. Scott
Chief Financial Officer, Chief Compliance Officer
Western National Group

Jeffrey R. Scott, as Chief Financial Officer of Western National Group, is responsible for corporate finance, project finance, accounting and financial reporting, taxation compliance and strategy, investor relations and reporting, as well as information technology. Mr. Scott has been responsible for overseeing the design, implementation and operation of virtually all of WNG's financial reporting, budgeting, forecasting, and software systems. In addition, he has been responsible for the negotiation and placement of more than $1.2 Billion of project and corporate financings for WNG's varied interests. This financing has in the past included conventional term debt, tax-exempt multifamily housing bonds, housing agency debt, tax credit equity, as well as private-placement financings and corporate lines of credit.

Prior to his appointment as Chief Financial Officer, Mr. Scott was Senior Vice President and Controller for WNG. Prior to joining WNG in 1985, Mr. Scott was employed by Touche Ross (now Deloitte & Touche).

Mr. Scott earned a BA from University of California, Santa Barbara and is a Certified Public Accountant. In addition, he is a licensed California Real Estate Broker and a licensed General Contractor.

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Laura A. Khouri

Photograph of Laura Khouri Laura A. Khouri
President, Western National Property Management (WNPM)

Laura Khouri is President of WNPM, which currently manages nearly 25,000 apartments located throughout Southern California and Nevada. Ms. Khouri is responsible for the operations of the property management division, and provides strategic direction to the company relative to all the multifamily assets in the portfolio.

Ms. Khouri joined WNG in 1985. Prior to assuming the position of President, she held numerous leadership positions within WNG, most recently as the President of the Multifamily Ancillary Group (MAG). Ms. Khouri also held the position of Senior Vice President for WNG, in which she was responsible for all aspects of Human Resources, Training and Development, Risk Management, and Investor Relations. Additional positions also held during her 31-year tenure with Western National include Vice President, Human Resources and Vice President of Operations. Ms. Khouri is a licensed Real Estate Broker in the State of California and Utah, was certified by the HR Certification Institute as a Senior Professional in Human Resources of which there are only 3,700 such certifications in the state of California, and was previously a licensed Insurance Agent/Broker in six states. Ms. Khouri is a member of the Executive Committee, which governs WNG as well as the WNG Investment Committee.

Ms. Khouri is an active member of the Board of Directors of the California Apartment Association, having served as the President of the Board in 2012 and 2013. She is also an active member of the local division of the California Apartment Association-Orange County. Philanthropically, Ms. Khouri served as the President of the Board of Directors for the Prentice School, a non-profit school for dyslexic children from 2010 to 2016, is a member of the Alexis De Tocqueville Society of the United Way of Orange County, serves on the Board of Directors as the Chairman of the Board of Laura's House, a non-profit organization assisting women and children of domestic violence, and is a Board Trustee of Chapman University in Orange, California.

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Nick Alicastro

Photograph of Nick Alicastro Nick Alicastro
Vice President, Business Development
Western National Property Management

Mr. Alicastro joined Western National Property Management in 2003 and is currently responsible for 46 properties and more than 6500 units. Mr. Alicastro has been in the real estate industry for over 21 years and has worked for many nationally recognized real estate firms in Southern California such as The Irvine Company and Fairfield Residential Property Management. Mr. Alicastro has real estate knowledge from a variety of markets and conditions including Southern California, Northern California, New Mexico, Nevada, Arizona and Colorado. He has proven experience with acquisitions, dispositions, redevelopment, repositioning, and new product development. Mr. Alicastro also has extensive experience with Section 42 management and development. Mr. Alicastro is a graduate of Chapman University with a B.S.B.A in Finance. Nick holds a Certified Property Manager designation from the Institute of Real Estate Management. He is also a licensed Realtor in the state of California and he also is a Housing Credit Certified Professional (HCCP). He is active in the South Coast Apartment Association.

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Randy Avery

Photograph of Randy Avery Randy Avery
Vice President, Construction
Western National Builders and Western National Contractors

Mr. Randy Avery joined Western National Group in 2001. Since that time he has been responsible for the construction of over 3800 apartment units. His responsibilities include developing budgets and schedules for third party clients as well as in house projects in the pre-construction phase. He then continues to work with clients during the design phase to assist in maintaining costs through efficient construction techniques.

Mr. Avery has been in the industry for over 30 years with a background in development and construction allows him a broad perspective for clients to utilize in the design and construction of projects.

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Cyndy Breit

Photograph of Cyndy Breit Cyndy Breit
Senior Vice President, Risk Management, Human Resources and Investor Relations
Western National Group

As Senior Vice President with Western National Group, Cyndy Breit is responsible for providing oversight and support for all aspects of the Risk Management, Human Resources and the Investor Relations departments.

Ms. Breit has more than 20 years of experience in Risk Management with 14 of those years spent directly in the multifamily industry. Having joined Western National Group in 2001 as an Environmental Health and Safety Manager, Ms. Breit was promoted to Director of Risk Management in 2004 and to Vice President of Risk Management in 2007. Her tenure and experience provides a framework for an in-depth understanding of the company's business environment, allowing Ms. Breit to serve as a partner to our senior management to facilitate the delivery of the company's strategic goals by identifying, preventing and analyzing loss exposures.

Ms. Breit holds a BS in Applied Ecology and a Certificate in Human Resources Management from the University of California, Irvine, is an EPA Accredited Management Planner and Building Inspector for Asbestos and is a Certified Safety Playground Inspector. She is a member of the Risk and Insurance Management Society (RIMS), American Society of Safety Engineers (ASSE), American Industrial Hygiene Association (AIHA), Professional in Human Resources Association (PIHRA) and Society for Human Resources Management (SHRM).

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Theresa Busby

Photograph of Theresa Busby Theresa Busby
Vice President, Human Resources
Western National Group

Theresa M. Busby, as Vice President of Human Resources with Western National Group, is responsible for all facets of Human Resources including, employee relations, pre-employment testing, new hire orientation, internal services and benefits administration for approximately 1,000 associates.

Ms. Busby joined WNG in 2002 as Director of Human Resources and later promoted to Vice President in 2007 bringing over 15 years of experience from Security Pacific Bank/Bank of America where she was Vice President for the Commercial Real Estate and Investment Banking groups.

Ms. Busby holds a Bachelor of Science degree in Business Administration from the University of Southern California. Ms. Busby is a member of the Professionals in Human Resources Association (PIHRA) and the Society for Human Resource Management (SHRM).

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Kenneth W. Hodges

Photograph of Ken Hodges Kenneth W. Hodges
Vice President, Information Technology
Western National Group

As Vice President of Information Technology, Kenneth W. Hodges is responsible for the overall strategic direction, systems development and day-to-day operations of Western National Group and its affiliated companies including Property Management, Acquisitions and Development, Landscaping and Construction. Mr. Hodges expertise includes Financial/Accounting systems' design and implementation, network security and business continuity.

With over 16 years of Information Technology experience, Mr. Hodges began his career in 1993 with Symantec Corporation as a Technical Writer, and has since held both technical and leadership positions with several diverse national and local based companies including American Greetings and Productivity Enhancement Products. Mr. Hodges joined Western National Group in 2000 as Manager of Technical Services where he was responsible for the design and management of the enterprise network infrastructure. He was promoted to Director of Information Technology in 2005, and later promoted to Vice President in 2007.

Mr. Hodges is a veteran of the United States Air Force and holds a BS in Computer Science with a minor in Criminal Justice from California State University, Fullerton. He is a member of the Southern California Chapter of the Society for Information Management and currently resides in South Orange County with his wife and two children.

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Jerry LaPointe

Photograph of Jerry Lapointe Jerry LaPointe
Managing Director, Acquisitions and Dispositions
Western National Properties

Mr. LaPointe is responsible for sourcing and managing all WNP's acquisitions of existing properties, and dispositions of multifamily assets. Mr. LaPointe has more than 25 years of experience in acquisitions, development and finance.

Prior to joining WNP in 2005, Mr. LaPointe was a Senior Vice President for Capstone Development Corporation, which focused on college and university housing. In this role, he was responsible for the acquisition and development of on- and off-campus housing projects. Prior to Capstone, Mr. LaPointe held the position of Director of Acquisitions and Development in the Western United States for GMH Communities.

Mr. LaPointe earned a BS in Finance and Real Estate from the University of Southern California.

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Debbie Meute

Photograph of Debbie Meute Debbie Meute
Vice President, Controller
Western National Property Management

Ms. Meute serves as Vice President, Controller for the Western National Property Management portfolio. She has an extensive background in multifamily accounting, having served as Controller for companies such as PSB Realty Corporation, Trammell Crow Management Services and Legacy Partners Residential, Inc. Before joining Western, Ms. Meute was responsible for coordinating all financial reporting for fee-managed properties with Legacy. Ms. Meute began her career as a Senior Accountant at Deloitte, Haskins & Sells and is a Certified Public Accountant. She graduated from Lamar University in Texas with a degree in Business Administration/Accounting.

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H. Jon Paynter

H. Jon Paynter H. Jon Paynter
Managing Director, Development
Western National Properties

H. Jon Paynter, as Vice President, is responsible for all land acquisition and development activity for the company in Northern California. Mr. Paynter has over 30 years of residential development in both multifamily apartment and for-sale housing.

Prior to joining WNP in 2016, Mr. Paynter was Vice President of Development for The Irvine Company for Northern California operations, and during this tenure was responsible for the oversight of the design, entitlement, and project management of approximately 8,000 apartments in the Silicon Valley. These apartment projects included over 150,000 sf of retail mixed use.

Mr. Paynter's prior work history included eleven years at Toll Brothers Homes acting as President of the Northern California Bay Area and responsible for all operations and the completion of approximately 7,500 homes. Mr. Paynter has prior extensive experience in the design and development of master planned communities, including student and faculty housing, senior oriented, and golf course residential communities.

Mr. Paynter earned a BS in Construction Management from Colorado State University.

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Pete Rocereto

Pete Rocereto Pete Rocereto
Sr. Vice President, Construction
Western National Builders

Mr. Peter Rocereto joined Western National Group in 2012 and is responsible for our 3rd party construction operations and business development in our Northern California office. Mr. Rocereto has been in the construction multifamily business for over 25 years with extensive experience in pre-development, preconstruction and construction management for third party contracting and in-house contracting, along with asset preservation and rehab.

Prior to joining WNG, Mr. Rocereto was a Senior Vice President of a public REIT, BRE Properties, Inc. where he was responsible for overseeing multiple markets across the U.S. completing over 16,000 multifamily units. Prior thereto, Mr. Rocereto served as Vice President of Construction for Trammell Crow Company, overseeing multiple projects in Salt Lake City, Seattle and Denver markets. Mr. Rocereto was also a licensed General Contractor for 7-years operating in San Francisco Bay Area, developing and building residential projects.

Mr. Rocereto attended California State University, Long Beach and has a BS in Construction Engineering Management.

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Patrick S. Simons

Patrick S. Simons Patrick S. Simons
Managing Director, Development, Southern California
Western National Properties

Patrick S. Simons serves as Managing Director responsible for all land acquisition and development activity for the company in Southern California. In prior executive positions over 20 years, Mr. Simons personally performed or supervised the performance of all facets of real estate acquisition, development, and asset management for more than 10,000 residential units nationwide, in a broad range of urban and suburban locations, valued in excess of $1 billion (not inflation adjusted) with such companies as JPI, LNR Property Corporation, and the Kaufman and Broad Multi-Housing Group.

Mr. Simons is a licensed Real Estate Broker in California, and a graduate of the University of Southern California, with a Bachelor's Degree in Engineering and a Master's Degree in Real Estate Development. He is a full member of the Urban Land Institute, and is currently active on its national Urban Development/Mixed-Use Council and local Multifamily Council.

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Nancy VanderZwaag

Nancy VanderZwaag Nancy VanderZwaag
Vice President, Controller
Western National Builders and Western National Contractors

Ms. Nancy VanderZwaag, as Vice President and Controller, is responsible for all financial reporting for both Western National Builders and Western National Contractors, as well as Resident Group Services, Inc and Multifamily Ancillary Group. Ms. VanderZwaag joined Western National Group in 2003.

Ms. VanderZwaag has over 20 years experience in the real estate industry. Prior to joining Western National, she has worked as Controller for such companies as The Lusk Company, Clayton, Williams and Sherwood, and Irvine Apartment Communities. She graduated from California State Polytechnic University, Pomona with a degree in Business Administration/Accounting and is a Certified Public Accountant.

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