PEAK TO PEAK PROPERTIES - Key Persons
Chad graduated from the University of Colorado, Boulder in December of 1999, where he earned a Bachelor's degree of Business Administration. The focus of his degree was a major in management with an emphasis in real estate. During his studies, he took extra credit hours to achieve a certificate in real estate from the CU Real Estate Center.
In August of 2006 Chad graduated from the University of Denver Daniels Business of College with a Master's degree in Business Administration combined with a Master's degree in Real Estate and Construction Management .
Chad has been a licensed Colorado real estate broker since 2003.
Professional Experience:
Etkin Johnson Group - While Chad was a senior at University of Colorado he was an intern for the Etkin Johnson Group. The Company is one of the largest privately held developers and Landlords in the state of Colorado with approximately 5 million square feet owned and managed. As a result of his internship, Chad was hired after graduation to assist the Vice President of Acquisitions with all due diligence procedures, underwriting, financing models, and liaison with legal counsel.
StorageTek - As a result of his work at Etkin Johnson Group, Chad was approached by the Director of Real Estate and Facilities Management to join her group at the $2 billion date storage Company assisting in managing the large leased and owned real estate portfolio. StorageTek was eventually bought by Sun Microsystems and is now under ownership of Oracle. Chad's primary responsibility during employment was to relocate, renew or terminate the leased facilities across the United States and Internationally. The portfolio contained 110 leases over 660,000 square feet. In addition, he was a team member in the entitlement/rezoning effort of the owned 280 acre site to where the corporate campus was located.
First Industrial Realty Trust - From StorageTek, Chad was recruited by a Senior Vice President at First Industrial to join his team in the brokerage and management of a 2,250,000 square foot portfolio consisting of retail, office, and industrial product types. First Industrial Realty Trust is a publically traded real estate investment trust that is a leading owner and operator of real estate across major markets coast-to-coast.
Fuller Real Estate/CassidyTurley - As Chad's commercial brokerage network and business grew, it made more sense for him to be with a full service brokerage firm. Fuller Real Estate is a leading privately held commercial brokerage firm based in Denver. In 2010, Fuller merged with Cassidy Turley a respected and award winning leader of providing commercial real estate services as well as community engagement. During his tenure at Fuller Real Estate/CassidyTurley Chad won numerous production awards such as Rookie of the Year and CoStar Power Broker.
OPM Holdings, LLC d/b/a Peak To Peak Properties - With all of the diverse real estate experience Chad has accumulated it was time to take his skills and knowledge and form a real estate investment/management company. OPM Holdings, LLC is an opportunistic real estate investment company that acquires and holds real estate from long term cash flow and value increase. Within a short period of time, one year, OPM has been able to acquire three residential houses with a valuation in excess of $1 million along with a 33 unit apartment building with a valuation of $4.25 million. OPM has been able to acquire, fix up, and fill all properties to 100% occupancy with sustained quality cash flow.
Jon Stites has spent his entire professional career in real estate, primarily in luxury single family residential development. After graduation from the University of Colorado at Boulder in 2002 in Electrical and Computer Engineering, Jon acquired his Colorado real estate license began selling new homes for the family development company. From 2004 to 2006 Jon attended the University of Denver and obtained and MBA and a Master's of Science in Real Estate and Construction Management. In 2011, Jon acquired a Certificate of Accountancy from the University of California Berkeley and is currently working towards completion of the CPA Exam.