SMOKY MOUNTAIN CAPITAL - Key Persons
Prior to joining Smoky Mountain Capital as the Director of Operations in late 2017, Brian was performing those duties for the Storey Law Group, P.A., a real estate law practice in Orlando. The firm's successes translated to unparalleled experience managing operations, human resources, finances, & client services for the fast-growing practice.
Brian received his B.S. in Business Administration, with a minor in Accounting, from U.C.F. in 2006. Upon graduation, he began in tax with Glickstein, Laval, Carris, P.A. He also brings experience from the insurance, medical device, retail, service & call-center industries from both a Fortune 500 and Mom & Pop perspective.
Brainstorming and delivering on ways to positively impact his communities occupies much of Brian's free time. Currently, he sits on the Board of Directors for the Victory Cup Initiative - A contest aiming to empower and enhance local non-profits, shining a light on those deserving. Brian is the current President of the Board of Trustees for the Maitland Public Library, joining the board in 2012. He has been a co-founding member for multiple philanthropic efforts including the Victory Cup & Bicycle Blessings (cleaned & repaired ‘gently-used' bicycles, donated through various methods).
Kevin began a career in construction and real estate at a very young age managing and rehabbing his own rental properties in Central Florida. He became highly skilled in building construction while putting himself through college. Kevin has more than 20 years of experience in real estate - from construction to investing. In 2007, Kevin founded Real Property Group as a real estate investment platform. The company acquired undervalued and distressed single family homes and small commercial properties, rehabbed the assets, and then used several different exit strategies to maximize the return on investment. Kevin is a licensed General Contractor and Real Estate Broker. He earned his BBA in Business Administration and Management from the University of Central Florida, and an MBA in Business and Finance from the University of Maine.
Kevin utilized his Finance degree by joining a bank in New England in the late 90's and eventually becoming Chief Operating Officer of the publicly-traded National Bank. Kevin reported to the board of directors and to the OCC for compliance. Kevin has been able to parlay his banking knowledge into his real estate career by working with many REO departments.Real Estate has always been a passion of Mr Earnest, once he left banking he started his real estate company in the early 2000's. He has completed thousands of real estate transactions for himself and others.
Job Titles:
- President of Iterum
- Senior Manager Acquisitions
Mr. Carroll is the President of Iterum, LLC - a real estate investment firm created to assist non-profit housing organizations efficiently and profitably navigate the non-profit opportunities offeredthem through Fannie Mae, HUD/FHA, and CRA programs. Iterum works side by side with non-profits, raising capital, underwriting acquisitions, and developing income producing business.
Prior to Iterum, Mr. Carroll served as Executive Vice President of BridgeBilt, a San Diego based real estate company. In this role, Mr. Carroll worked with the National Community Stabilization Trust (NCST) to assist non-profit organizations acquire, renovate and sell REO assets. Through his work,BridgeBilt became the first for-profit strategic partner of the NCST, acquiring and stabilizing 700 single family homes in seven states.
More recently, Mr. Carroll helped pilot the first "Non-Profit Only" non-performing note transaction through HUD's Neighborhood Stabilization Outcome (NSO) program. The purpose of this pilot was to offer mission minded organizations a means by which they can impact local communities by acquiring and stabilizing non-performing assets. Since this initial pilot, HUD has offered three additional "Non-Profit Only" pools in IL, FL, and MA. "Non-Profit Only" pools are now a standard feature in HUD's NSO offerings..
In 2015 Mr. Carroll co-authored a proposal to HUD to create a "Direct Buy" relationship between HUD, a non-profit, and a government entityto acquire $50,000,000 of non-performing residential loans. The purpose of this proposal was to ensure more non-performing assets were placed in the good care of non-profit organizations (without having to compete directly with the larger hedge funds) and thereby increasing positive outcomes for underwater borrowers. In January 2016, HUD approved this "Direct Buy" proposal for the states of California and Florida.
Mr. Carroll has spent the last 15 years developing programs that not only impact local communities but are also worthwhile for capital. Carroll believes that a necessary element of a good and meaningful program is its ability to sustain itself.
Mr. Carroll holds a Bachelor's of Science degree from Texas A&M University