CST LAND DEVELOPERS - Key Persons

Job Titles:

• Development and Operations / Asset Management
• Managing Member, Bresler Real Estate Consulting

Bryan Bresler, Managing Member, Bresler Real Estate Consulting, has 25 years of deep and broad experience in real estate. He began his career in affordable single-family housing development for a non-profit organization based in Ohio, and in sales with a family-owned real estate brokerage where he worked on auctions and on rural land development. He spent over 18 years with a leading national non-profit syndicator in various senior roles including in development advisory services where he secured funding for LIHTC developments, and in asset management where he completed over 40 dispositions on behalf of investment funds generating millions in proceeds for limited partners. Bryan has advised CST Land Developers on several affordable housing developments: Morningside at Juban Lakes, a $21 MM senior housing development under construction; The Reserve at Juban Lakes, a $23 MM family development also under construction; The Reserve at Howell Place, a $71 MM development in East Baton Rouge slated to close in early 2022. He also provides financial structuring for CST's market-rate developments and asset management services including LP Interest acquisitions.

Job Titles:

• Member of the Leadership Team
• Partner

Christopher Coffin, Partner and Stan Baudin, Partner, CST Land Developers are actively engaged in the development of properties since the firm's formation in 2006. As partners in CST Land Developers, Chris and Stan have led the acquisition and development of highly successful multi-family housing communities, including a 180-unit affordable housing development producing a cash developer fee in excess of two million dollars, a 144-unit and a 192-unit HUD 221 d4 housing communities. The developments have a proven track record of meeting or beating budgets, completion dates, and lease-up schedules. Occupancy rates typically stabilize quickly and maintain at 97 to 99 percent. Chris and Stan are currently partners in the law firm Pendley, Baudin and Coffin of Plaquemine and New Orleans, Louisiana. Their legal expertise, management oversight, and business credentials provide strength and expertise to CST Land Developers, LLC.

Job Titles:

• Architect
• Construction Manager

Oversight of construction and monitoring of the current CST development project on a day to day basis is essential. Leading the construction monitoring is a seasoned professional, Ed Wagers, a licensed architect. Ed has more than 25 years of experience in multi-family project and construction management. He has worked in almost every facet of construction from commercial, industrial, retail, golf courses, to multi-family residential. He brings a wealth of experience that also spans developments in all parts of the country. In addition, he has successfully partnered with public entities in all phases of zoning, planning, wetland and governmental approval for land and development. Because of his expertise, Ed coordinates all matters with the contractor, the architect and the engineer.

Job Titles:

• CEO
• Managing Partner
• Member of the Leadership Team
• President
• CST Multifamily Real Estate Services President and CEO
• President, CEO / CST Multifamily Real Estate Services, LLC

CST Multifamily Real Estate Services President and CEO Tom Delahaye leads the umbrella organization of CST Multifamily affiliated firms, including CST Multifamily Group. As an attorney, real estate developer and strategic leader, Tom created and guides the firm to new heights in property management, land development, and investment strategies. Client relations, new property acquisition and the firms' oversight are his focus. Thomas Delahaye, Managing Partner of CST Land Developers, LLC, brings vision and expertise in land acquisition, building ordinances, construction contracts, and management to the firm. He was formerly a practicing attorney and land developer for more than 30 years. Born and raised in Plaquemine, Louisiana, Tom attended Loyola University and Loyola University Law School. He is active in the community and was re-elected to the Iberville Parish School Board, serving four, 4-year terms. He retired from his law practice in 2006 and now works full-time as CST's managing partner. While practicing, he began developing and acquired property, owning and managing commercial and residential units, including single family subdivisions and apartment communities. He developed and operated The Crossing Apartments, a 136 unit LIHTC apartment community in Livingston Parish, prior to forming CST Land Developers. His business acumen in land development, financing, contracts and management over his 30 year career is a major asset to CST Land Developers.