Movers and Shakers Week Ending 06.02.23
BMC Investments Adds to Executive and Senior Leadership Team
BMC Investments (BMC), a Denver-based, vertically-integrated real estate investment company, announced it has added seven new individuals across several departments to the company’s roster. The new additions include Greg Iturreria, managing director, head of development; Jason Decker, senior vice president of asset management; Curtis Rochette, senior vice president of financial planning and analysis; Mark Foster, vice president of development; Chris Kozina, vice president of Capex and renovations; Angela Jones, controller; and Krista Sweat, office manager and executive assistant. BMC now boasts 23 employees in its Denver office.
“This year has already been a busy one with the sale of our property management division to Asset Living, the announcement of our Clayton Lane redevelopment, and the expansion of our investment vehicles, so we are excited to be bringing on these new team members who will help position BMC as an industry-leading real estate investment firm and facilitate our growth plan,” said Jeffrey Stonger, partner and chief investment officer of BMC Investments. “We are thrilled at the level of talent we’ve been able to recruit for these positions and are eager to welcome everyone aboard.”
Greg Iturreria has been named managing director, head of development at BMC. He will be responsible for overseeing all aspects of development and construction execution, from pre-development through construction completion. Iturreria will be a part of BMC’s Executive Leadership Team and will be a member of the company’s Investment Committee and Operating Committee. Iturreria has over 21 years of experience in the real estate and construction industry and has managed over 130 projects with a total construction value of $2.5B from design to completion. Prior to joining BMC, Iturreria spent over ten years as founder and Principal at Colorado Urban Builders, LLC where oversaw all aspects of property development and construction management, including multifamily, retail, office, and hospitality. Prior to Colorado Urban Builders, he spent several years at Bold Ventures, LLC and Urban Ventures, LLC. Iturreria is a licensed general contractor and graduated with a B.S. in Economics from the University of Colorado Denver.
Jason Decker joins as senior vice president of asset management for BMC Investments. In his new role, Decker will be responsible for the execution of the business plans for the workforce housing portfolio. He has over 18 years of experience in multifamily, having previously held leadership positions with several real estate firms, most notably at LivCor and Aimco. Decker has a Bachelor of Science in Business Administration from Colorado State University.
Curtis Rochette will serve as senior vice president of financial planning and analysis at BMC where he will be responsible for handling all of the firm’s data aggregation and reporting for various internal and external stakeholders. Rochette has over a decade of experience in FP&A, primarily at Bridge Investment Group, a real estate private equity firm based in Salt Lake City, where he helped build and scale financial modeling and reporting processes including database and software implementations as Bridge expanded from $6B to over $40B in AUM and went public. He played a key role in designing and maintaining closed and open-ended fund financial models used for investor due diligence, at times interfacing with institutional investors which directly led to more than $2B in capital raised. He has an MBA from the University of Wisconsin-Madison, participating in the eminent Applied Security Analysis Program, and a BA-Economics from the University of Utah.
Mark Foster has joined BMC as the vice president of development where he will be responsible for handling the execution of several development projects across BMC’s various investment platforms. Prior to joining BMC, Foster was the managing director for The True Life Companies, a national land development and home building firm. He led a multi-disciplinary team through successful land acquisitions, entitlements, and land development for both mix-use and single-family development, totaling approximately 1,400 units. Before the True-Life Companies, Foster was the development manager for Topgolf and served as development land acquisition manager at Forum Real Estate Group. He holds an MBA with a focus in Corporate/Strategic Finance from the University of Denver, Daniels College of Business. He also earned a Master’s Degree in Real Estate Finance and Construction Management from the University of Denver, Burns School of Real Estate and Construction Management and a Bachelor’s Degree from Middlebury College.
Chris Kozina joins BMC as vice president of Capex and renovations where he will be responsible for capital improvement and renovation projects on BMC’s workforce housing portfolio. Prior to joining BMC, Kozina was vice president of construction at the Laramar Group where he directed all capital investment across their portfolio. Before that, he spent 11 years at Air Communities (previously Aimco) where he led interior renovations and capital upgrades across their 25,000-unit portfolio. Throughout his career, Kozina has been responsible for the investment of over $500M in capital upgrades and has renovated over 6,000 apartment homes. Kozina holds a Master of Business Administration from the University of Colorado Leeds School of Business and a Bachelor of Science degree in Finance from Case Western Reserve University.
Angela Jones has joined BMC as controller. She will oversee the company’s accounting practices, working closely with all departments to ensure accurate practices and reporting for all BMC entities, compliance with financial and accounting policies and internal control of processes and procedures. Jones is an experienced accounting and finance professional with in-depth experience in both managerial and project work involving day-to-day operational accounting, comprehensive cash management, annual budgeting, forecasting and capital planning, research and implementation of technical accounting standards, comprehensive financial reporting, controls and process work and system implementations. Prior to BMC, she served as controller at Forum Investment Group. She is a graduate of the University of Wyoming with a Bachelor of Science degree in Accounting and is a Certified Public Accountant licensed in the State of Colorado.
Krista Sweat now serves as office manager and executive assistant for BMC and its executive team. Sweat brings over 30 years of executive assistant experience from three different fields including construction, legal, and mortgage industries, holding longevity positions with each company.