Joan Cress - Senior Vice President, Asset Management
Ms. Cress is responsible for all Asset Management responsibilities nationwide. These responsibilities include management of financial performance at the property and fund level, performance reporting and benchmarking, and the functional integration of property operations and property finance.

Ms. Cress has over 10 years of experience in portfolio and asset management of both multi-family and commercial assets. Prior to joining Carmel Partners in 2008, Ms. Cress was the Vice President of Asset Management at JB Matteson, the institutional investment division of The Matteson Companies. In this position, she managed a portfolio of 11 value-added apartment projects (over 1,700 apartment units) and was directly responsible for investment performance, capital management and loan funding & compliance for these assets, addressing many of the same operating and capital challenges that Carmel Partners faces with its assets. Ms. Cress also worked at UBS Realty Investors at both the director and associate levels. While at UBS, Ms. Cress was directly responsible for the management and financial performance of a portfolio of institutional-grade assets comprised of approximately 900 apartment units, 1.2 MSF of office / industrial product and 2.6 MSF of retail product located throughout the Western U.S.

Ms. Cress received her bachelor and master degrees from the University of Illinois, as well as an M.B.A degree from the University of California, Berkeley.

< BACK