Andrew Nathan founded Meritage Properties on March 1, 2003 following a 16 year tenure with Tishman Speyer Properties. As a senior Tishman Speyer executive, Andy participated in the negotiation and structuring of nearly all of the firm’s major acquisitions, financings and dispositions, the leasing of several million square feet of office and retail space and the creation of numerous joint ventures. From 1996 through 1999, he directly oversaw Tishman Speyer’s acquisitions activities in the eastern half of the United States. Until he resigned from Tishman Speyer in early 2003, Andy served as a Senior Managing Director, Chief Legal Officer and member of the Investment, Management, and Executive Committees of the firm. In these capacities he was intimately involved in the review and approval of all of the firm’s property acquisition and disposition decisions, the development of Tishman Speyer’s strategic initiatives and the formulation of many of the firm’s operating policies and procedures, as well as the principal decisions driving the management and operation of Tishman Speyer’s extensive real estate portfolio.
Andy resigned from Tishman Speyer to pursue his vision of establishing an innovative, market-leading, real estate operating platform. Meritage Properties was envisioned as a new firm with “old fashioned” values, bringing together a proprietary approach to financial analytics, cutting edge reporting systems and an entrepreneurially biased but institutional quality mind-set. We are at the core a firm built around intellectual capital, and the brand we have created over the past 11 years reflects the dedication and unparalleled experience of a relatively small but nimble group of uniquely talented real estate professionals, each with a complementary set of core competencies and who share the same perspective and vision. Working together as a highly coordinated team, we possess the capability to respond quickly and effectively to seize market opportunities and resolve issues as they arise. While many of our vintage 2004 to 2008 investments were meaningfully impacted by the Great Recession, we are pleased to report that we have nonetheless achieved an aggregate 1.26x return on the $72 million of equity invested in properties realized to date.
Our leadership consists of:
Mindy Tucker joined Meritage as CFO in 2011, bringing over 27 years of experience in corporate finance and investor relations, including debt and equity financings, mergers and acquisitions, strategic planning and corporate development. Mindy is responsible for all capital markets transactions and relationships, accounting and investor relations. For the previous nine years she was responsible for investor relations at Crown Media Holdings. Prior to that, she served for ten years in corporate development involving entertainment and real estate properties at various Sony companies, including Sony Pictures Entertainment, Sony Retail Entertainment and Loews Cineplex. Mindy began her career in investment banking holding positions at Smith Barney and subsequently Prudential-Bache.
Jo Rathbun recently joined Meritage as Managing Director – Asset Management. Operating out of our Washington office, Jo directs all asset management activities and supports new business initiatives in the Greater Boston and Greater Washington regions. Jo brings an impressive track record of achievement and nearly 20 years of experience managing diverse real estate portfolios across markets and property classes, with a particular focus on “value-add” and “opportunistic” investing, including similar positions with each of Equitable/Lend Lease, Jamestown and most recently JER. The only former All-American and Olympic level athlete on our team, Jo is both a Certified Public Accountant and a Certified Commercial Investment Manager.
Erin Shaw, Vice President – Acquisitions, joined Meritage in 2004 just after graduating from UNC-Chapel hill. For much of her tenure with the firm Erin has had primary responsibility for all portfolio investment and asset management activities throughout Greater Boston, while providing acquisition underwriting and related support for other markets. With Jo’s arrival Erin will now be fully dedicated to spearheading Meritage’s acquisition activities across all markets, interacting with members of each region’s investment sales community, driving all financial analysis and property underwriting, and working collaboratively with both Jo and Andy toward the identification and pursuit of target acquisitions.
Kim Harvey, Managing Director – Property Management, arrived in 2010, serving as the cornerstone to implement the Meritage property management “model”, combining the best of third party property management principles with the strengths of in-house quality control and owner oversight. Kim’s background and experience allowed us to successfully develop unique strategic relationships with two property managers, Lincoln Property Company and CB Richard Ellis, who work with us on a collaborative basis bringing the benefits of scale and systems to complement our hands-on approach to management of our investments. Kim is a talented and seasoned executive with over 20 years of outstanding experience, having most recently served for six years as General Manager for Carr Properties’ 19 property/2.5 million SF greater Washington D.C. office portfolio, where she was responsible for oversight of property operations, tenant relations, engineering, and financial management.
Rebekah Rollins, who has spent 11 years as a senior accountant in commercial and residential real estate finance, also joined Meritage as Property Controller in the fall of 2010 through our relationship with Lincoln. Rebekah serves as Controller overseeing accounting and financial reporting for all Meritage portfolio properties, working with a team of three property accountants provided by Lincoln.