Leadership /

 

With decades of experience building businesses and creating value, our senior leadership team understands today’s marketplace complexity, and delivers the unique, creative solutions that capitalize on it.

Doug Wells
Doug Wells CEO Since 2015

Mr. Wells leads all operational, investment, and capital market activities for Broe Real Estate Group and its affiliates. Mr. Wells also leads the Management Committee, which provides strategic direction for the company.

Experience
Wells was previously Chief Investment Officer of Shelter Canadian Properties Limited, a real estate investment management company. Before that, he spent 15 years with Lazard Real Estate Partners, most recently as Managing Principal with investment management responsibility for five real estate opportunity funds, which at its peak totaled more than $3 billion of committed partner capital invested in the hospitality, office, industrial, retail, senior living and structured finance sectors. As part of his role at Lazard, Wells also served as President of InTown Suites, Inc., an Atlanta-based extended-stay hotel company with 127 locations. He was previously with The Mutual Life Insurance Company of New York/ARES Realty Capital, and started his real estate career with Shelter Corporation of Canada Limited.

Education
Mr. Wells received his B.A. from Trent University in Peterborough, Ontario, and his M.B.A. from the University of Denver.


Ron Corsentino
Ron Corsentino CFO Since 2013

Mr. Corsentino is responsible for all accounting, financial reporting, and administrative functions for the Broe Real Estate Group and its affiliates. In addition, Mr. Corsentino has primary responsibility for risk management, IT, human resources and is directly responsible for the sourcing and execution of all debt financing. Mr. Corsentino is a member of the Management Committee, providing strategic direction to the company.

Experience From 2009 to 2013, Mr. Corsentino was Senior Vice President and Controller at Miller Global Properties, a real estate investment company with over $2 billion of assets under management. From 2006 to 2009, he was Controller and Vice President of Accounting at SCI Real Estate Investments in Los Angeles, one of the nation’s largest tenant-in-common sponsors. He also served as Senior Vice President and Controller for WJ Bradley Company, an investment banking firm specializing in the residential mortgage industry, and was Controller for AMCi, a publicly held wireless technology firm. He began his career with KPMG in 1993.

Education Mr. Corsentino graduated in 1992 with a B.S. in Accounting from the University of Southern Colorado, and received a Master of Taxation from the University of Denver in 1993. He is a Certified Public Accountant.


Peter Albro
Peter Albro Vice President, Asset Management Since 2016

Mr. Albro is responsible for the asset management of the Broe Real Estate Group commercial office and retail assets, including leading operational, leasing and capital strategies for these assets.  Mr. Albro is also a member of the Management Committee, providing strategic direction to the company.

Experience
Prior to joining Broe, Mr. Albro was Vice President of Acquisitions and Portfolio Management at Penwood Real Estate Investment Management, a private firm focused on value-add industrial investments.  Prior to Penwood, he was Vice President of Acquisitions at Cigna Realty Investors, where he was responsible for sourcing joint venture equity and fixed-rate debt investments.  Mr. Albro has direct experience in a variety of U.S. markets covering all major property types; total equity transactions exceed $1.3 billion in gross asset value and total debt investments exceed $350 million.  He also has held positions with Starwood Capital Group and Vail Resorts Management Company.

Education
Mr. Albro received his B.A. in Economics from Middlebury College, and earned his M.B.A from the Tuck School of Business at Dartmouth College.


Andy Poremba
Andy Poremba Vice President, Construction Since 2015

Mr. Poremba is responsible for construction of Broe Real Estate Group’s Country Club Towers II project, and will maintain an office there.

Experience
Prior to joining Broe, Mr. Poremba was Director of Construction for ServiceStar, where he spent 14 years in various positions. Mr. Poremba has more than 25 years of construction and development experience.

Education
Mr. Poremba is a graduate of Colorado State University with a B.S. in Industrial Construction Management.


Jeffrey Sullivan
Jeffrey Sullivan Vice President, Acquisitions Since 2016

Mr. Sullivan leads Broe Real Estate Group’s San Francisco office and is responsible for the acquisition of a wide range of assets and operating companies throughout the Western United States.

Experience
Prior to joining Broe, Mr. Sullivan was an Investment Officer and Assistant Vice President of Investments for Equity Residential (NYSE: EQR), a publicly traded REIT focused on the acquisition, development, and management of high quality multifamily assets.  Most recently, Mr. Sullivan oversaw a $3.4B portfolio of multifamily and mixed-use assets consisting of over 7,400 units in the San Francisco Bay Area. Mr. Sullivan was previously a Director of Acquisitions and has acquired in excess of $2.6B of mixed-use and multifamily assets throughout New York, Washington DC, San Francisco Bay Area, and Boston. During his tenure at EQR Mr. Sullivan was also responsible for the underwriting and due diligence of $5.6B of EQR’s $9B acquisition of Archstone-Smith from Lehman Brothers. He has previously held positions with JPI Partners and Jones Lang LaSalle.

Education
Mr. Sullivan received his Bachelors of Science in Business Administration from Babson College.


Reagan Shanley
Reagan Shanley Executive Vice President, Industrial Development Since 2017

Reagan Shanley is responsible for the Industrial Development Group within OmniTRAX. In addition to

his role with OmniTRAX, Reagan is a member of the BREG Management Committee helping to

facilitate the coordinated efforts of OmniTRAX and BREG in the pursuit of Industrial Development

opportunities and to assist BREG with business development initiatives within the real estate investment management business.

Experience

Reagan was previously Senior Vice President with Colony Northstar, Inc. in New York. Prior to that, Reagan was with Capmark Finance, LLC as an Executive Vice President where he co-managed the restructuring and liquidation of a $2.5B portfolio of industrial, condominium, multi-family and office property and loans across the United States. Reagan also spent seven years as a Managing Director of RBS Greenwich Capital where he was responsible for business development, origination, structuring, underwriting, and portfolio management of over $4 billion of debt and preferred equity investments.

 

Education/Certification

Reagan holds a B.A. in Economics with a minor in Business from the University of Texas at Austin and an M.B.A. from the University of North Carolina at Chapel Hill with an emphasis in Commercial Real Estate.