Capital Markets and Finance
Current Responsibilities
In his role as Director of Development Accounting, James oversees the development accounting team, organizes audits and tax returns for joint ventures, and creates quarterly projections and yearly budgets for development projects.
Past Experience
In June 2019, James joined United Properties as a Senior Manager of Development Accounting. Prior to that, he had been a Senior Reporting Consultant at Dominium, working with CPA firms on annual property and cost certification audits and reconciling tax adjustments for development entities. Before that, he had held the role of Real Estate Accounting Manager at CBRE, managing a team of Real Estate accountants to deliver property level accounting and reporting services to multiple clients.
Education
James attained his Bachelor of Arts degree in Business with a concentration in Finance and a minor in Math from Bethel University.
Current Responsibilities
Brian is responsible for raising third-party equity and debt for United Properties’ new developments, acquisitions, recapitalizations and fund structures. He leads all communications with equity partners during project execution and stabilization, ensuring best-in-class reporting and compliance with investor requirements. In addition, Brian oversees all partner communications and project financial modeling.
Past Experience
Brian joined United Properties in 2020 as a Senior Investment Analyst, focusing primarily on development underwriting of commercial assets in Minneapolis, Denver and Austin. Prior to joining United Properties, Brian held financing positions at CSM Corporation. He started his career in corporate finance with Thomson Reuters.
Professional and Community Involvement
He is a current member of the Minnesota Commercial Association of Real Estate/Realtors (MNCAR) and NAIOP. Brian also spends his time volunteering with various Twin Cities organizations including the Ronald McDonald House Charities and Habitat for Humanity.
Education
Brian earned his Bachelor of Science degrees in Finance and Entrepreneurial Management from the University of Minnesota – Carlson School of Management.
Current Responsibilities
As executive vice president, Richard leads all United Properties’ financing and lender relationships. In addition, he is responsible for managing the company’s joint venture with State Farm in ownership of Centennial Lakes Office Park. Richard is a member of the company’s capital markets team which is responsible for raising equity and arranging debt for joint venture developments and acquisitions.
Past Experience
Prior to joining United Properties, Richard held financing positions at Allstate Life Insurance Company in its commercial mortgage lending group and in finance and acquisitions at The Balcor Company and The Griffin Companies. He began his career as a staff accountant in the tax department of Arthur Andersen & Company.
Professional and Community Involvement
Richard has sat on the corporate board of directors of NAIOP as a local liaison to the national organization, impacting its overall strategies and initiatives. He has also served on a NAIOP national capital markets forum, as well as the board of directors for the Minnesota Chapter, and a 2-year term as NAIOP Minnesota chapter treasurer.
Education
Richard received his bachelor’s degree in business administration from Washington University and his master’s degree in business administration from the University of Wisconsin – Madison and obtained his Certified Public Accounting (CPA) license in November of 1980.
Current Responsibilities
As Vice President of Accounting, Al is responsible for overseeing and leading various accounting functions such as financial reporting, audits, tax, budgeting, forecasting, compliance, and more.
Past Experience
Al joined United Properties in 2020 with over 20 years of experience in financial leadership and strategic planning. He began his career with Pohlad Companies in 1999, starting as an accounting supervisor with NorthMarq and was promoted to corporate controller in 2004. In 2018, Petrie joined PaR Systems as a corporate accounting manager. During his time at NorthMarq and PaR Systems, he played critical roles in real estate, construction, development, and service company activities, including acquisitions and dispositions.
Professional and Community Involvement
Al is a member of the National Association of Real Estate Companies (NAREC), a professional association that provides solutions to real estate financial and tax challenges through collaborative relationships, education, and knowledge sharing.
Education
Al holds a Bachelor of Science degree in accounting from Winona State University.
Current Responsibilities
In this role, Lynn is responsible for providing critical information for strategic decision-making by leading financial forecasting and budgeting as well as investment screening. She oversees internal financial compliance and participates in the credit screening and enterprise risk management committees.
Past Experience
Lynn has ample experience in accounting and finance, as well as the non-profit sector. She began her career at Grant Thornton as a senior audit associate and obtained her CPA license in 2007 (currently inactive). Her passion for people, community and real estate then led her to serve in various finance roles at local affordable housing non-profits for six years. Most recently, she was the finance manager for PRG until she joined United Properties in 2015 as a senior financial analyst.
Professional and Community Involvement
Lynn is the board president of PRG Inc, a local Homeownership Education and Affordable Housing Developer. She also participates in the MN based Racial Justice in Real Estate group, the Urban Land Institute (ULI) Minnesota Real Estate Diversity Initiative (REDI) Program as a mentor, and volunteers at her church and at her children’s school.
Education
Lynn holds a degree in accounting and finance from Bethel University and is a Certified Public Accountant (inactive).