Tom Lund, Principal
Tom is widely known as a pioneer of database marketing. His privately held company, Customer Development Corporation (CDC), specialized in database management and marketing for financial institutions and other various companies around the world. In 1987, CDC was honored by Inc. Magazine as the 8th fastest growing privately held company in the country. Tom, who is credited worldwide with many technical and creative innovations in the database marketing industry, also received the coveted “High-Tech Entrepreneur of the Year” award by Entrepreneur Magazine. Tom sold CDC in November 1998 when he and his wife Carol and their youngest daughter moved to Naples, Florida. Tom then established Lund Capital Group, a private commercial real estate company that has holdings in various regions across the United States.
In addition to Tom’s business interests, he and his wife Carol are very active philanthropists. The Lunds founded the Praise and Leadership Schools (“PALS”), based in Peoria, IL. The schools strive to deliver education in a manner that makes learning fun and engaging and helps to discover the unique gifts that each child possesses. The Lunds are pleased to be able to continue their commitment to helping children with the time and resources they devote to the Naples Winter Wine Festival which was founded to benefit local children’s charities. The Lunds were among the founding members whose commitment made the Naples Winter Wine Festival, now in its twelfth year, one of the top charity wine auctions in the world. The festival has raised $140 million to date for children’s charities in Collier County. The Lunds continue to serve as Trustees for the Naples Winter Wine Festival. Carol is currently on the Board of Directors for the Golisano Children’s Museum of Naples, is a former member of the Board of Trustees at Seacrest Country Day School, has served on the Naples Winter Wine Festival Grant Committee, and continues to be active in St. John’s Church Education.
John Graham, Principal
John began his career in GE Capital’s Retailer Financial Services business. The group bought and sold private label credit card portfolios for retailers around the United States. After working at GE Capital, John went to work for Coca-Cola Enterprises, Inc. in their operations, planning and development group. The group was tasked with planning and building CCE’s distribution and manufacturing facilities for much of North and South America. The experience taught John many of the demographic and logistics tools that he now uses to track retailer expansion plans and trends.
John began his real estate career at Dewberry Capital Corporation, a multi-disciplined developer, and owner. The firm was active in office, retail and multi-family ownership and development. During his tenure, John learned all facets of real estate finance, leasing, property management and construction.
After a successful experience at all of his previous firms, John co-founded Tricore Partners in February 2004. The firm focused on retail development. John is a high honors graduate of the Georgia Institute of Technology with a degree in Industrial Engineering. He and his wife Ashlie have two daughters.
Josh Lippert, Chief Financial Officer
Josh Lippert is the Chief Financial Officer at Core Property Capital. With more than 20 years of accounting and financial management experience, he leads the financial operations of the company and oversees an accounting team capable of handling CPC’s rapid growth.
Mr. Lippert spent the first 10 years of his career working for Lippert Components, Inc., beginning as an entry-level member of the accounting department and ending seven years later as the company’s Chief Financial Officer. During this time, he managed the company through tremendous growth, oversaw the acquisition and integration of more than 10 companies with purchase prices up to $40 million, managed more than $350 million in revenue through 30-plus manufacturing centers. In 2006, Mr. Lippert partnered with a private capital group in Naples, FL to create a start-up telecommunications company, US Metropolitan Telecom. As an investor and founding partner, he helped create a best-in-class telecommunications company for the local community of Southwest Florida by building a fiber-optic network offering reliable, high-speed internet access and private-line Ethernet connectivity. Although his main responsibility was to oversee the financial management of the company, Mr. Lippert’s years of executive management experience helped steer the company toward success.
A resident of Naples, Florida, Mr. Lippert is active in his community, volunteers at his church and in the local schools serves on the boards of various professional and service organizations, and has been a youth coach for his daughter’s basketball and soccer teams. Most recently, Mr. Lippert has been elected to the Board of Directors as the Treasurer for Hope for Haiti, a Naples, FL based organization with an outreach to the Haitian Community with a specific focus on children.
Mr. Lippert has a Bachelor of Arts degree in Economics and Management (with a concentration in Accounting) from Albion College in Albion, Michigan, and is a graduate of the Carl A. Gerstacker program in Professional Management. He is also a Certified Management Accountant (CMA).
Thomas Tropea, Senior Managing Director and EVP of Asset Management
Thomas Tropea is the Senior Managing Director and EVP of Asset Management for Core Property Capital. A commercial real estate industry professional for more than 20 years, Mr. Tropea leads all aspects of asset management activity for CPC, including directing and managing the development, leasing, marketing and daily operations of the firm’s $3-billion-dollar portfolio of mixed-use retail and Class A and AA office assets.
Mr. Tropea assumes full financial responsibility for the properties, including budgeting, forecasting and increasing net income; ensuring effective cost control and profitability; assessing long-term opportunity and risk; generating alternative revenue sources. He is known for building strong business relationships with clients, tenants, contractors, vendors, legal counsel, and municipalities. In addition, Mr. Tropea ensures compliance with established operating covenants and industry best practices, while his inherit entrepreneurial spirit drives new opportunities and value creation.
Prior to joining CPC, Mr. Tropea was responsible for properties in all stages of development, redevelopment, and expansion—totaling more than 40 million square feet and valued in excess of $4 billion—to include financial management responsibilities at Equity Office Properties and Thomas Enterprises. Previously to serving as a SVP at Thomas Enterprises, he served as vice president of Merchants Management, a subsidiary start-up company, and the firm flourished during his tenure. At the pinnacle of the company’s success, he directed financial management for assets exceeding 10 million square feet, valued at more than a billion dollars.
Mr. Tropea has Bachelor of Science degrees in Accounting and Political Science from California State University.
Ann Tomlinson, Controller
Ann Tomlinson is Controller for Core Property Capital. In this role, Ms. Tomlinson puts her financial real estate expertise to work on the company’s growing shopping center portfolio. She is responsible for preparing monthly partnership reporting packages, facilitating partner communication, preparing financial statements, overseeing cash management and assisting with the training and management of the growing accounting team—a task for which she has received stellar audit results from third party auditors based on efficient monthly reporting procedures.
Prior to joining CPC in 2015, Ms. Tomlinson spent the first 15 years of her career in the real estate industry working as an accountant at Indianapolis-based Simon Property Group, where she prepared budgets for and financial reports on the Simon family’s personal assets, including the Indiana Pacers basketball team and The Ritz-Carlton, Palm Beach. As a controller at San Francisco-based Pacific Union Development Company, Ms. Tomlinson oversaw the property management and administrative staff of hotels, assisted living developments and mixed-use commercial buildings; and as a financial analyst at Tampa-based Westfield Corp., she was responsible for four shopping centers with gross leasable area of 3.5 million square feet.
Ms. Tomlinson has a Bachelor of Science in Management from Ball State University, a Florida Real Estate License and a Florida Community Association Manager License.
Elizabeth Weiner, Vice President, Construction
Elizabeth Weiner is Vice President of Construction for Core Property Capital. With more than 35 years of commercial real estate experience, Ms. Weiner is charged with overseeing day-to-day construction, tenant coordination and development activities for CPC. She interfaces with the Acquisitions Group from the initial stages of property analysis through closing and, in turn, with the Operations Group on turnover, whether initial for new developments or backfills in existing properties.
Prior to joining CPC, Ms. Weiner was an independent construction and development consultant with clients including local homeowner associations; Bank of America; Jones, Lange & LaSalle; and the Department of Defense. Client work included residential site/civil work, retail interior construction and commercial office space. She also served as the Regional Construction and Development Manager for Kimco Developers (a subsidiary of Kimco Realty) for the Southeast Region, which included their portfolio of mixed-use projects in Florida. Earlier positions include Director of Peripheral and Operating Properties, Director of Anchor Construction and Director of Tenant Coordination for The Mills Corporation in their Capital Services Division. Ms. Weiner is backed by a proven history of on-time, on-budget, and high-quality project completions.
Ms. Weiner is heavily involved in local community activities including PTA, Local School Council, Keep Forsyth Beautiful, Girl Scouts of Greater Atlanta and Forsyth County Humane Society.
Mark Roth, Vice President, Engineering
Mr. Mark G. Roth is the Vice President of Engineering for Core Property Capital. With more than 25 years of building operations and engineering experience, he leads CPC’s engineering teams and assists the property management division on varied facility types. Mr. Roth has worked directly with large corporate clients and institutions such as GE Capital, Colony Realty Partners, 5 Mile Capital, Prudential, and Kimberly-Clark. His experience encompasses the application of creative management-by-objective techniques, state-of-the-art engineering technology, and extensive building construction/design/management experience for both new and existing buildings.
Mr. Roth began his career in the United States Navy. Thereafter, he joined the commercial real estate industry where he has advanced his career, first as the Director of Engineering for Riverview Realty Partners where he managed facilities in Georgia, Florida and North Carolina which totaled approximately 3.5 million square feet. He led the companies engineering team and provided support to the property management team. Under his direction, the engineering staff achieved Energy Star and LEED certification on properties in both Georgia and Florida. Following that experience, Mr. Roth went on to work for a variety of property management companies including Lincoln Property Company, Jones Lang LaSalle, PM Realty Group, Childress Klein Properties and joined CPC in 2016.
Mr. Roth is a member of BOMA, ASHREA, USGBC (National and Local Chapter Member) and NFPA. He was named “Engineer of the Year” in 2007 and holds the designation of SMA, both from BOMA. Mr. Roth holds the designation as one of the first individuals in the U.S. to hold the new LEED AP O+M Accreditation from the USGBC.
Chip Dillard, Vice President, Acquisitions & Development
Chip began his career in real estate by joining Core in January 2009. After graduating from Wake Forest University with a Bachelor of Science degree in Mathematical Economics, he received a Masters of Engineering degree from Vanderbilt University in 2008. While in school, he worked with the construction firm R.J. Griffin (now JE Dunn). Originally from the Atlanta area, Chip and his wife, Margaret, live in Raleigh, NC with their 8-month-old son, Hart.
Chip started with Core as an analyst focusing on underwriting, preparation of investment memos and the due diligence processes. From 2009-2013, he was actively involved working under John Graham and Chad Lund to close 3.3 million square feet of retail acquisitions, as well as working on Core’s development projects, North Point and Sandy Springs Gateway. His experiences on these projects paved the way to move on to the next chapter of his career.
Beginning in 2013, Chip was promoted to Vice President of Acquisitions & Development, his current role at Core. Chip works on site selection (evaluation and initial feasibility analysis) and deals execution for value-add and development opportunities.
Parke Lammerts, Vice President, Acquisitions
Parke Lammerts is a Vice President of Acquisitions for Core Property Capital. Mr. Lammerts spearheads sourcing new acquisition and development opportunities in the Mid-Atlantic region and portions of the Midwest, Texas and the Southeast. In the initial stages of the acquisition project, Mr. Lammerts identifies potential properties through internally selected sites, broker relationships, and other third-parties. He acts as the primary point of contact in the sourcing process in order to develop relationships with prospective sellers and brokers in association with targeted properties.
Prior to joining Core Property Capital in 2011, Mr. Lammerts handled business development and outside sales for multiple, national residential lending groups and was consistently ranked as a top performer. He built pipelines by forming strategic partnerships with banks, brokers, and attorneys to source and close debt on residential properties. Mr. Lammerts began his career with SunTrust Bank in Atlanta, where he served as an analyst in the Commercial Lending department, responsible for the underwriting of commercial loans. He partnered with Relationship Managers to execute collateral and loan due diligence, as well as determine internal loan compliance.
Mr. Lammerts has a Bachelor of Arts in Philosophy from the University of Georgia.
Joshua Klehr, Vice President, Acquisitions
Joshua Klehr is Vice President, Acquisitions with Core Property Capital. Since 2012, Klehr focuses on underwriting, preparation of investment memos, the due diligence processes and asset management, and has led the closing of 2.9 million SF acquisitions of retail and office space with a capitalization of $600 million.
Mr. Klehr has a Bachelor of Arts in Political Science from Emory University.
Ryan Roberts, Vice President, Leasing
Ryan Roberts is Vice President of Leasing for Core Property Capital. Mr. Roberts is responsible for overseeing CPC’s retail expansion, including leasing and third-party brokerage management across the country. In this capacity, he has developed strong broker relationships, facilitated many new tenant relationships and worked on high-profile projects, such as The Forum at Peachtree Parkway and Gateway.
Before joining CPC in 2015, Mr. Roberts spent 15 years with Thomas Land and Development, one of the largest private real estate development companies in the country, where he leased projects ranging from 200,000 to 2 million square feet and his portfolio of properties spanned from coast to coast.
Mr. Roberts has a Bachelor of Science in Biology from LaGrange College and an MBA from the University of West Georgia.
Heath Hawkins, Vice President, Multifamily Development
Heath Hawkins is Vice President of Multifamily Development for Core Property Capital. Mr. Hawkins is responsible for overseeing the Firm’s multifamily development efforts. In this role, Mr. Hawkins assists the team in originating, structuring, underwriting, closing, developing and ultimate disposition of multifamily investments.
Mr. Hawkins began his career in real estate with Davis Development, a multifamily development, and construction company based in Atlanta, specializing in land acquisitions and development, handling contract negotiations, due diligence, design, regulatory approvals and permitting, all while managing numerous broker relationships. During his time at Davis, he successfully sourced more than 6,500 units throughout the Southeast and Midwest.
Mr. Hawkins has a Bachelors degree in Business Administration from Georgia College and State University.
Cole Northcutt, Analyst
Cole Northcutt is an Analyst for Core Property Capital. In this role, Mr. Northcutt is responsible for managing existing banking relationships across CPC’s portfolio. He also handles external reporting and assists in the acquisition and disposition process.
Before joining CPC in 2016, Mr. Northcutt was an investment banking credit analyst at SunTrust Robinson Humphrey. There, he was tasked with underwriting and managing a multibillion-dollar portfolio of loans, predominantly in the energy and industrial sectors. In the process, he earned valuation, legal and bankruptcy experience, and was also heavily involved in the campus recruiting effort.
Mr. Northcutt has a Bachelors of Business Administration in Finance from the University of Georgia, where he graduated Cum Laude. He holds Series 63 and 79 certifications from the Financial Industry Regulatory Authority.
Joe Turnbaugh, Vice President, Property Management
Joe Turnbaugh is Vice President, Property Management for Core Property Capital. In this role, Mr. Turnbaugh is tasked with onboarding new assets and reviewing new deals for compliance with CPC standard language to minimize landlord exposure. His knowledge of lease compliance and administration has enabled him to grow with CPC as the company acquires new assets and, in turn, its need for oversight continues to grow.
Mr. Turnbaugh entered the real estate field in 2004 with General Growth Properties as an administrator at North Point Mall in Alpharetta, GA. In 2008, he made a lateral move to Cousins Properties Incorporated to open The Avenue Forsyth in Cumming, GA; three years later, he was promoted to Assistant Property Manager of The Avenue Forsyth and The Avenue Webb Gin in Snellville, GA. In 2012, when The Avenue Forsyth was purchased by SRP/CPC, Mr. Turnbaugh was brought on as Property Manager.
Mr. Turnbaugh received a BA in Psychology with a minor in Philosophy, as well as a certificate in paralegal studies, from the University of San Diego.