The Founder and CEO of Davlyn Investments is Jon D. Williams. Since Davlyn’s formation in 1993, Mr. Williams has dedicated himself to the acquisition, renovation, management and sale of apartment communities and office projects in California. To date, he has acquired and sold in excess of $1.2 billion in commercial real estate. Mr. Williams manages all private equity relationships, and ultimately directs the strategic planning and redevelopment vision, as well as the firm’s property management, legal and accounting departments. Prior to Davlyn’s inception, Mr. Williams served in multiple real estate roles for three Southern California based multifamily firms. His primary responsibilities included feasibility analysis, market studies, placement of debt financing, as well as buyer representation in commercial purchase transactions. Mr. Williams earned a Bachelor of Arts degree in Economics from San Diego State University and is also licensed in the state of California as a General Contractor and Real Estate Broker. Mr. Williams serves as a Board Member for the National Multifamily Housing Council in Washington, DC.
All acquisition, underwriting and capital market functions for Davlyn Investments are headed by Paul Kerr. Since his association with Davlyn in January 1998, Mr. Kerr has identified, underwritten, secured lending and placed equity for the acquisition of over 6,800 apartment units and multiple commercial office buildings with a total consideration in excess of $1.1 billion. Prior to joining Davlyn, Mr. Kerr was an Acquisitions Officer with Fairfield Residential, one of the nation’s largest developers of multifamily communities. During his tenure with the firm, Mr. Kerr was responsible for identifying, underwriting and closing on the acquisition of over 1,200 units. In addition to Northern and Southern California, Mr. Kerr’s areas of responsibility at Fairfield included Washington, Oregon, Nevada, and Arizona. Prior to joining Fairfield, Mr. Kerr was engaged as a commercial real estate appraiser with the Andrew A. Smith Company. In this capacity, Mr. Kerr was responsible for the generation of narrative appraisal reports and valuations for a wide variety of multifamily, office, industrial, retail and single-family subdivision projects. Mr. Kerr holds a Bachelor of Arts degree in Economics with a Minor in Real Estate from San Diego State University. He is a licensed California Real Estate Broker and was formerly a licensed California General Commercial Appraiser. In addition, Mr. Kerr serves as a Board Member for the National Multifamily Housing Council.
In his role as Chief Financial Officer, Mr. Waldvogel directs the financial and accounting operations of Davlyn Investments including cash management, financial reporting, and analysis of asset performance. He is responsible for the sourcing and placement of property financing and manages all functions related to federal and state taxes, property valuations, and risk management. Prior to joining Davlyn, Mr. Waldvogel was the Vice President and Corporate Controller at Fairfield Residential Company LLC, a privately held developer and operator of apartment properties located in San Diego, California. During his three years at Fairfield, he was responsible for all property and corporate accounting functions, including reporting, compliance, and managing the audit process for $10 billion of apartment properties. Mr. Waldvogel led the analysis on all technical accounting issues affecting the organization, including derivatives, consolidation, fair value accounting, and revenue recognition. Prior to joining Fairfield, Mr. Waldvogel was a senior manager in the audit department for Ernst & Young LLP, where he worked for a total of 13 years. He served clients in the hospitality, commercial/retail, multifamily apartment, land development and homebuilding sectors of the real estate industry. He spent a significant amount of time analyzing the fair value of real estate assets as a result of servicing investment funds and other clients that report on a fair-value basis. His experience in public accounting was separated by a two-year period during which he was managing director for a San Diego-based Registered Investment Advisor, which gave him experience analyzing investments and understanding the financial markets. Mr. Waldvogel graduated with both a Master’s and a Bachelor of Science degree in Accounting from Brigham Young University. He is a Certified Public Accountant licensed in the state of California and completed the Series 65 exam to operate as an Investment Advisor Representative.
As Chief Investment Officer, Mr. Pacillio is responsible for executing Davlyn’s multifamily investment strategy. He directs the sourcing, underwriting, financing and negotiations of apartment acquisitions. Mr. Pacillio has led Davlyn’s multifamily acquisitions team for over 15 years. To date, he has been directly involved in the acquisition or development of over one billion dollars of multifamily investments. Prior to joining Davlyn, Mr. Pacillio was an Acquisitions Manager for Pacific Property Company, a Palo Alto based real estate firm focused on value-added multifamily investments. In less than two years with Pacific, he acquired in excess of 2,000 units throughout Southern California representing a total consideration of approximately $270 million. Prior to Pacific, Mr. Pacillio was a Development Manager for the Finger Companies, a national multifamily developer based in Houston, Texas. There he was involved in over $100 million in multifamily investments throughout the country, including mid-rise concrete, high-density wood frame and townhome style developments. Mr. Pacillio’s early career included a development position with a multifamily REIT as well as a Regional Property Management position with Ewing/North America Properties. Mr. Pacillio holds a Bachelor of Arts degree in Economics from Southern Methodist University, where he also completed the Graduate Finance Program.
One of the keys to Davlyn’s success continues to be our aggressive, hands-on property management division operating under the name Davlyn Property Management. Since 1998, Davlyn’s dedicated team of professionals has been led by Mr. Booth. Prior to joining Davlyn, Mr. Booth spent the previous eight years with the William Lyon Company, a management firm serving the southern regions of the United States. During the last four years of his tenure with Lyon, Mr. Booth served as Vice President of Field Operations. In this capacity, he reported to the president of the company on all issues involving management, marketing and maintenance for over 2,600 units. Mr. Booth is a current member of the Institute of Real Estate Management (IREM), and he has been awarded the organization’s Certified Property Manager (CPM) credential.
Mr. Kerr is In-House Counsel and is responsible for the company’s legal affairs, including litigation, risk management programs, contract negotiations, employment issues, and a wide variety of tenant concerns stemming from the firm’s apartment and commercial office holdings. He is also responsible for the negotiation of transaction-related documentation in the closing process for acquisitions and dispositions. Mr. Kerr holds a Bachelor of Arts degree from San Diego State University and a Juris Doctorate from California Western School of Law. Mr. Kerr has been a member of the California State Bar since 2004.
Ms. Carson works alongside Mr. Booth handling all operations of the multifamily division, including budgeting, reporting and strategic planning. She also serves as the primary point of contact for our institutional equity partners and private investors. Prior to joining Davlyn Investments, Ms. Carson was the Vice President of Multifamily Operations at Pacifica SD Management where she oversaw all facets of the rental operations of 9,000 multifamily units. Earlier in her career at Pacific SD Management, Ms. Carson managed the mass conversion, renovation and sale of single-family attached homes. Prior to her involvement with multifamily operations, Ms. Carson was the Chief Financial Officer for Tom Hom Group where she was responsible for all aspects of the company’s financial operations. In addition, Ms. Carson was the Director of Finance for Pacifica Companies. As Director of Finance, Ms. Carson was responsible for procurement of financial and hedging devices for hotels, apartments, condominium conversions, land, retail, and office projects. In addition, she coordinated strategic alliances with individual investors, public corporations and private companies. Ms. Carson received her Bachelor of Science in Accounting from San Diego State University and her Master of Business Administration in Finance from the University of San Diego. She is an annual judge for the International Collegiate Business Strategy Competition, holds a California real estate license, and has volunteered for several advisory groups impacting the real estate industry. Ms. Carson co-authored and presented the paper, “Service Quality in the Internal Operations Management Network: A Cross-Cultural Evaluation of the Purchasing Function,” at the European Operations Management Association (EurOMA) in Venice, Italy.
As Director of Investor Relations and Asset Management, Mr. Richter provides strategic direction on all matters affecting investor communication. He is also responsible for analyzing our real estate investments with the objective of enhancing the underlying performance of individual assets. Prior to joining Davlyn, Mr. Richter worked for UDR, one of the nations largest REITs with over 40,000 units. With UDR, he oversaw their San Diego Portfolio which consists of both mid-rise and high-rise, class A apartments valued at over $400 million. He was responsible for all management operations as well as external and internal financial reporting. Before UDR, Mr. Richter spent his entire professional career learning the intricacies of the multifamily management and investment industry from the ground up working for national operators such as Holland Residential and Pinnacle International. Mr. Richter has a passion for asset optimization and dedication to Customer Service. Mr. Richter studied Interdisciplinary Sciences with a focus on Business and Design at Arizona State University.
Paul Kneisel joined Davlyn Investments in 2015. He manages the Accounting department, including the financial statement reporting for eighty-plus investment entities. Paul is the Yardi Voyager system administrator, online banking administrator, and IT contact. His role involves training, motivating, and managing personnel; delivering consistent and accurate financial reporting; maintaining effective internal controls; analyzing operating results; and ensuring compliance with the various lending and tax requirements. Prior to joining Davlyn Investments, Paul was hired as the Controller for American Rental Property Solutions in 2012. The business was expanded into the Bridgewest Group in 2014. Paul managed the accounting, financial reporting, analysis, and tax planning for a diverse set of business entities in the real estate, technology, and biotech industries. From 2005 to 2012, Paul was the Controller of Griswold Real Estate Management. He also managed a portfolio of large apartment communities, commercial properties, and receivership assets, as a Regional Manager. The dual Controller/Regional Manager responsibilities taught Paul both sides of the business, providing a breadth of experience in residential and commercial real estate accounting and management. Paul Kneisel has earned three degrees from San Diego State University: a BS in Finance, MSBA in Finance, and an MBA in Accounting. Paul is a Certified Public Accountant, licensed in the State of California. He also holds a Broker license through the California Department of Real Estate, a Certified Property Manager designation (inactive) through the Institute of Real Estate Management, and an Accredited Residential Manager designation (inactive), also through the Institute of Real Estate Management.