Experienced Development Team

Steven E. Malone

Steven Malone has over thirty-five years of experience in real estate; developing, marketing, and selling: cooperatives, condominiums, fee simple, planned residential and resort projects. Recent real estate project include: Sunrise Mountain Village (“SMV”), located in Killington, VT, the Premier Trailside Development at Killington Mountain Ski and Summer Resort and currently, the only approved trailside development project on the Mountain; Topridge (Phase 1 of above referenced SMV) Luxury Trailside Homes consisting of 10 Custom Built Trailside Homes priced from $1 million to $4 million and 50 Duplex units that sold for $850,000 per unit; The Lodges at Killington (Phase 2 of SMV) – configured in Twelve Unit – Buildings, with 24 of these already constructed and sold for $600,000 per unit; Skyeship Inn in Killington, VT obtained Masterplan permits for a 110 unit Timeshare Resort for a Venezuelan investment group.

Richard Saunders

Richard Saunders is a real estate professional with over 20 years of investment experience in the industry as President of Saunders Properties, LLC. His career focus has been acquiring properties that have a high value-added component when compared to traditional core real estate opportunities. His projects include developments, the acquisition of distressed real estate assets and assets whose value can be increased through a change of use. Strategic thinking and execution are the strengths that have allowed him to identify niches in the real estate industry that are underserved by capital and develop platforms to take advantage of the market circumstances capable of executing a programmatic acquisition plan. The Firm’s Advisory activities focused on providing debt and equity sourcing and advisory work for institutional clients, including Rothschild Inc.’s Realty Group and Ian Shrager Hotel Group. Mr. Saunders holds a Bachelor of Arts, Plan II Honors Program from the University of Texas, and a Master of Business and Science from Columbia University.

Tim Millard

T E Millard is a practicing commercial attorney in Dallas, Texas with extensive legal and business experience in major regional law firms and as an executive and operating officer of a wide array of domestic and foreign-based business interests. As an attorney, Mr. Millard has represented virtually every type of financial institution and private and public entity in all manner of commercial real estate acquisition, development, construction, management, leasing, and financing transactions. Mr. Millard’s legal representations have included local, national, and foreign real estate investment trusts and other investment entities, pension funds, pension fund advisory firms, real estate portfolio management firms, state and national banks, mixed-participant lending syndicates, federal and state financial institution regulatory agencies, mass transit authorities, savings and loan associations, life and casualty insurance companies, mortgage banking companies, mortgage loan portfolio servicing companies, asset management companies, commercial real estate management and brokerage firms, private sector venture partners with governmental regulatory agencies, commercial construction firms, and real estate development companies. Mr. Millard holds a Bachelor of Business Administration degree and a Juris Doctor degree from Southern Methodist University.