Managing partner of RL. Bowlby’s expertise is in financing, land acquisition, product design, product re-positioning and marketing of residential projects. He previously served as the Director of Sales, Marketing, Land Acquisition and Product Development for New Cities Development Group, a large residential real estate developer. Bowlby was also President of Bowlby and Company, Inc., and was the Regional Vice President of Property Management Operations and Acquisition for a national single-family and multi-residential builder. Currently based in Reno, Nevada.
Managing partner of RL. Merschel’s expertise is in the financing, land acquisition, entitlement processing (e.g. zoning, CEQA, mapping, development agreements, assessment districts, Federal and State biological permitting) and civil design for residential and commercial projects. Previously, Merschel served as the Director of Forward Planning and Development for New Cities Development Group. Prior to joining NCDG, Merschel was the Director of Finance and Planning for a large single-family and multi-residential builder (Delco Builders) located in the San Francisco Bay Area. Before his tenure at Delco, Merschel was a Vice President loan officer for Security Pacific National Bank (“SPNB”), responsible for a significant loan portfolio consisting of major office and residential projects. Merschel began his career with SPNB as a construction inspector and headed the bank’s Northern California construction services department. Merschel earned a Bachelor of Science degree in finance from San Diego State University. Currently based in Monterey, California.
Mr. Reeves has been in the real estate development and golf business for more than 25 years, developing high-end golf communities throughout the United States. A 1979 graduate from the University of Colorado School of Law, Mr. Reeves began his development career with Jack Nicklaus Development Company (JNDC). Over the next seven years, JNDC developed five high-end, gated golf communities. Mr. Reeves initially managed site selection and feasibility analysis prior to managing the day-to-day development of Wynstone in suburban Chicago, the most successful Nicklaus community to date. He then consulted on a variety of golf community projects. In 1997, he formed the Michael Jordan Golf Company with basketball star Michael Jordan. The company owned and operated a golf practice center and three retail stores in Chicago. Mr. Reeves then became a partner in Pasadera, a gated community with a Jack Nicklaus Signature Golf Course. After Pasadera, he assisted the Nicklaus organization in a variety of real estate endeavors and most recently developed The Idaho Club with partners Chip Bowlby and Tom Merschel.
Smith is a seasoned real estate developer with 40 years of hands-on experience in development design, county and city approvals, land sales, on/off-site pro forma, budgets, contracting and construction management throughout Northern and Southern California. His vast knowledge and multifaceted experience has proven to be invaluable to four prominent developers, including Signature Homes (division of Stuard Industries), Donald Bren Company, Barratt Irvine and American National Housing Corporation, where he held an executive position and was directly responsible for the bottom line. For the last 15 years, Smith has been co-owner of Valley Community Homes, a real estate development company based in Monterey, California with projects in Monterey County, Los Angeles and Phoenix. Attended University of California at Irvine with Construction and Construction Management as his major.
With more than 15 years' experience in the construction and real estate development industry, Mr. Bates has been a licensed CPA for 25 years. He has worked in the defense industry with top secret FBI clearances and as a finance and tax director for a Fortune 500 company. A licensed general contractor in Nevada, Mr. Bates has been the president and owner of multiple businesses, including a construction and real estate development company, mortgage brokerage, real estate brokerage and six manufactured housing dealerships throughout Northern Nevada and California. Mr. Bates attended the University of Nevada, Reno, where he obtained a Bachelor of Science degree in business administration and an MBA with an emphasis in finance.
Sherry A. Wagner
Previously as the vice president of operations for Monterey Development Group, Mrs. Wagner was responsible for entity formations, corporate insurance programs, human resources and company systems. As a senior manager of Monterey Advisory Group, she was responsible for conducting reviews of developer accounting systems, performing job cost audits, reviewing draw requests and managing the disbursement control procedures for clients' troubled projects. Previously, Mrs. Wagner owned Wagner Business Services, providing consulting services in accounting systems, asset management, business planning and investor relations. She was also operations manager for a securities investment company and an associate director for a large title company.