It is my honor to serve as Chairman of the Advisory Steering Committee – a board I was invited to join in 2009 by my friend and partner, the late Terry W. Stiles.
As the leading developer based in Ft. Lauderdale for over 50 years, Terry Stiles was known for his integrity, quality and vision. As one of the founders and driving forces behind Nova Southeastern University's Master of Science in Real Estate Program, Terry was committed to establishing it as the finest in south Florida. This school, which now bears his name, is his legacy and a reflection of his dedication to its programs and its students.
As Chairman of the Advisory Steering Committee, I want to assure all past, current and future students, our board will mirror Terry’s commitment and example by employing our strengths, experience and resources to ensure the success of Nova Southeastern University's Master of Science in Real Estate Development Program.
Our Board is comprised of successful, experienced professionals from all segments of the real estate industry. These dedicated members draw from their industry experience to provide the Program and its curriculum with overview and guidance. Students have exceptional opportunities to interact and network with board members in the classroom, at industry trade events, during field visits to various real estate projects and on an individual basis as part of the executive mentorship program.
We view the program as an incubator for tomorrow's real estate industry leaders. Graduates clearly understand the personal ethics and professionalism required to become industry leaders. Whether selecting a road of entrepreneurship or a role as a corporate executive, NSU's M.S.R.E.D. program provides graduates with the essential tools and skills necessary to achieve life-long success.
Harry L. Posin
NSU's M.S.R.E.D. Advisory Board is committed to advancing the university's real estate education programs and serve as active participants in students educational and career development. The Board is comprised and led by acclaimed national and regional real estate industry leaders, dedicated to making the program one of the top tier graduate real estate degree programs. It advises the Huizenga College on the content and direction of its Real Estate Program, augments the curriculum content and provides career guidance, producing graduates fully and immediately capable of meeting a variety of professional and leadership roles.
As industry leaders, board members present lectures discussing important current issues and innovative developments in their fields and provide topical in-field case studies where students can experience diverse product types first-hand.
Board Members serve as yearlong executive mentors, providing career advice and guiding and assisting students with networking, job search and interview skills.
Founder & President
Label & Co. Developments, Inc.
Harry Posin is the President of Label & Co. Developments, Inc. Prior to forming Label & Co. Developments, Inc., Mr. Posin served as Executive vice president and then President of Minto Communities, one of Florida’s largest private builders. He was also on the Canadian-based parent company’s Board of Directors. Mr. Posin’s vision has been responsible for the development and building of over 20,000 units in every imaginable residential format including large-scale master-planned communities, recreational/resort communities, high rise and rental. Prior to joining Minto, he was Senior Vice President at Goodkin Research, a leading real estate research firm where he provided market consultation services to developers, builders and lenders throughout America.
Mr. Posin is an insightful industry leader with a lengthy record of successful projects over the past 35 years. He is on the Advisory Board of Real Estate MS program at Nova and is a frequent guest lecturer at industry panels and universities. He holds a degree in Construction Management from Pratt Institute.
Vice Chair Mark Peterson
SVP – Senior Relationship Manager
Commercial Real Estate
Fifth Third Bank
Mark Peterson began his banking career in 1982 in Fort Worth, Texas after graduating from the University of Texas at Austin. He was a senior client manager in commercial real estate with Bank of America since 1983, working out of the Fort Worth, San Antonio, Dallas, Washington, DC and South Florida offices. He spent over 7 years in DFW and DC in the real estate special asset group. He has been based in Broward County since 1993. In July 2014, he joined Fifth Third Bank in his current role. He is responsible for helping grow Fifth Third's brand in the real estate sector by delivering the full range of financial services to real estate developers. He is the current past Chair of Urban Land Institute ("ULI") SE Florida/Caribbean District Council and is presently chair of the Governance Committee. He is on the Advisory Board for NSU's real estate program. He is a past board member and is still actively involved with the Greater Ft Lauderdale Alliance. He serves on the Broward Co Water Advisory Board representing the Alliance. He is on the board of Jack & Jill's Children Center. He is a past board member of the Museum of Discovery and Science, Make A Wish Foundation of Southern Florida and Community Financing Consortium.
Senior Development Manager
Ms. Jessica Abramson is a Development Manager for Stiles, where she is an owner representative for retail real estate development projects. Her responsibilities include project planning and coordination, due diligence, obtaining government approvals, budgeting, and scheduling.
Ms. Abramson has worked with clients including Publix, The Fresh Market, Trader Joe's, Rooms to Go, Chase Bank, SunTrust Bank, and Starbucks.
Ms. Abramson holds a Master's in Real Estate Development, where she graduated Alpha Sigma Gamma. She holds bachelor's degrees from the University of New Orleans in Marketing and Business Administration.
Ms. Abramson is active on the Advisory Board for the NSU MSRED program and previously served as chair of the program's Alumni Association from 2012 — 2016. She is a graduate of Leadership Broward Class XXXVI.
Moderno Development Group
Doron is an Israeli American entrepreneur with a degree in Economics from Brandeis University and served in the Israeli Defense Force for three years. Doron has over ten years of experience in financial markets and in 2009, he identified the real estate opportunities in southern Florida and began buying distressed properties. In 2011, Doron moved to Miami to further maximize the potential of that market.
Doron is also an advisory board member of The Children of Haiti and Refugee Projects charity organization.
Alfonso Costa Jr.
Executive Vice President
Alfonso Costa Jr. serves as Executive Vice President of Falcone Residential (Falcone Group LLC). Within his role, Mr. Costa is responsible for leading Falcone Residential’s workforce and affordable housing platform, as well as the firm’s Opportunity Zones strategy. Alfonso Costa Jr. most recently served as Deputy Chief of Staff at the United States Department of Housing and Urban Development (HUD). In his role, Mr. Costa was responsible for counseling the Secretary and overseeing policy for the $52 billion annually budgeted Cabinet-level agency, which maintains a wide range of Federal housing and community development programs, and more than 7,000 employees across 57 offices nationwide. Amongst Mr. Costa’s agency-wide portfolio included advising on HUD’s multifamily mortgage insurance programs, managing policy decisions with regard to the agency’s COVID-19 response and CARES Act appropriations, and directing actions taken through the White House Council on Eliminating Regulatory Barriers to Affordable Housing. Mr. Costa also served as the Chairman’s representative and HUD’s lead on the Federal Government's inter-agency White House Opportunity and Revitalization Council (“Opportunity Zones Council”), and for his efforts was ranked #10 in the Opportunity Zone Magazine’s “Top 25 Opportunity Zone Influencers of 2020” list.
Mr. Costa earned his juris doctor from Harvard Law School, master's degree from the University of Oxford (UK), and bachelor's degree from Yale University. He is currently a Public Sector Fellow of the Harvard Alumni Real Estate Board, Emerging Leaders Council Member and alumnus of New Heights Youth Inc., Full Member of the Urban Land Institute (ULI), and Product Council Member of ULI Florida's Affordable & Workforce Housing Council (AWHC).
Chief Operating Officer
Gloria Fernandez is Chief Operating Officer for HB Capital, a privately-held, real estate owner, investor and developer based in Miami, Florida. The firm focuses on the acquisition, asset management and development of value-add real estate assets in primary and secondary markets in various markets throughout the United States
Previously Gloria served as Managing Director of Asset Management for Elion Partners, a real estate investment firm headquartered in Aventura, Florida. Elion provides real estate equity for best-in-class developers and experienced operators in various strategic markets throughout the United States. Gloria oversaw Elion's asset management activities and administered strategies to enhance yields and reduce risks. Her responsibilities encompassed overseeing all aspects of the management process for the Elion portfolio, including qualifying assets with the acquisitions group, executing asset performance plans and managing leasing and property management teams.
Prior to Elion Partners, Gloria served as Senior Vice President of Acquisitions and Finance at Ross Realty Investments, a South Florida based commercial real estate developer and owner. In that role, she was active in the management, acquisitions, financial and development operations of the company. She represented ownership interests before municipalities and community organizations.
Prior to joining Ross Realty Investments, she worked for Swerdlow Real Estate Group in a financial capacity. During her tenure, she was part of the team that established a private Real Estate Investment Trust (REIT) and was responsible for financial projections and asset performance for a large retail portfolio.
Gloria earned a Master of Business Administration (MBA) degree from the University of Miami and is currently a Trustee of Broward College, a member of the Real Estate Advisory Board for Nova Southeastern University and past chair for Chaminade-Madonna College Preparatory School. She is a member of various professional organizations including the International Council of Shopping Centers (ICSC) and is licensed by the State of Florida as a Broker.
Director of Real Estate Development Program
Dr. Fred Forgey currently serves as the Director for the Master of Science in Real Estate Development Program at Nova Southeastern University. He has directed similar programs at the University of Texas at Arlington and Texas A&M University. In addition, he has served on the faculty at the University of Auckland-New Zealand, University of Texas at Austin, and the University of North Texas. He has also served as the Professor of Real Estate for ORIX Capital Markets, LLC in Dallas, Texas.
His teaching interests have always incorporated a blend of public/private sector approaches to real estate development, finance, valuation, and investment. For the past ten years or so, he has led sustainability focused real estate study tours across the United States as well as Costa Rica, Australia, and New Zealand.
His research interests are currently focused on sustainability issues related to the built environment. In the past, his research interests have been primarily focused on governmental intervention and inefficiencies in real estate markets.
He has also acquired, renovated, managed, and sold a variety of commercial real estate properties.
Kona A. Gray, PLA, ASLA
As a Principal with over 24 years of experience, Kona Gray has been involved in many planning and landscape architectural projects, ranging from large-scale master planning to detail site design with emphasis on hotels/resorts, government, healthcare and campus planning since he joined EDSA in 1997. Blending sensitivity and context with a passion for creative design solutions is paramount to his approach. Kona has a keen ability to take a client’s vision and long range views and create programs with purpose, priorities and physical presence. He consistently takes into consideration such factors as site heritage, history, community interface, implementation strategies and each properties unique cultural, physical and environmental characteristic.
Managing Partner and co-founder
Steven Guasch is the Managing Partner and co-founder of Defined Companies, a full service real estate investment and development company. He is responsible for the financial feasibility and management of the overall development process of residential communities and mixed-use projects throughout South Florida.
Steven received his B.A. at Florida Atlantic University, where he majored in both Finance and International Business & Trade, graduating Cum Laude.
In 2013 Steven joined a Class-A multifamily developer, Altman Development, as a Financial Analyst and quickly expanded into his role of Development Manager. He was responsible for managing the financial feasibility, entitlement, design, acquisition, construction and disposition of multiple apartment developments across South Florida, Orlando and Texas, representing a capital investment in excess of $350 million. His involvement insured the projects stayed on schedule, on budget and reached the investors' expectations.
To expand his skill set and accelerate his career, Steven attended Nova Southeastern University's Master of Science in Real Estate Development program in 2016 and was inducted into the International Honor Society, Sigma Beta Delta. During his experience at NSU, Steven received mentorship from Terry Stiles and met his business partner, Noah Leon. Steven currently sits on the Advisory Board for NSU's MSRED program and is actively involved with students by participating in the classroom setting.
Jesse Holshouser serves as the Chief Financial Officer (CFO) of Silver Capital, a diversified national real estate investment and development firm focused on private equity, finance and investment for commercial and residential projects including multifamily rental, assisted living and retail properties. He is a forty-year career executive in corporate and real estate finance, investment and development with national and international experience in deal structuring, financial modeling, strategic planning and risk management.
Mr. Holshouser has served in senior executive and Chief Financial Officer positions with the Professional Golfers Association (PGA), Jack Nicklaus Companies, and Price Waterhouse, Coopers among others. He has successfully raised and structured more than one billion dollars in private equity transactions. As Chief Financial Officer, Mr. Holshouser has led organizations with annual operating budgets exceeding $150 million, managed the ownership of extensive real estate holdings, licensing and merchandising and financial services for an internationally branded professional association’s private companies.
Mr. Holshouser holds the distinguished professional designations of Certified Management Accountant (CMA) and Certified Financial Manager (CFM). He is frequently featured in local, state and national publications on finance and real estate development and investment matters. He holds a BA from Florida Atlantic University in Business with a concentration in Real Estate, an MBA with distinction, from the University of Michigan and completed coursework towards a Doctorate in Business Administration.
Altis Cardinal LLC
Mr. Mowatt plays a vital role in the acquisition, development, asset management and disposition of the Altis Cardinal real estate portfolio. Altis Cardinal is a full service real estate investment, development and management firm based in Miami, Florida that has acquired and developed over $1.4 billion in real estate assets.
Mr. Mowatt's key acquisition responsibilities are to perform financial analyses, prepare debt/equity memorandums, oversee the due diligence process and assist in the closing of potential development and acquisition opportunities. Mr. Mowatt is also responsible for working with the property managers, leasing brokers, and lenders to maximize returns for the portfolio.
Prior to joining Altis Cardinal, Mr. Mowatt was the director of acquisitions for a Canadian based real estate private equity fund. In this role, Mr. Mowatt was responsible for sourcing and evaluating new real estate investment opportunities in the Florida market providing market research analyses, investment underwriting and performing due diligence and asset management of the company's portfolio.
Prior to joining TMSA, Mr. Mowatt worked as a senior analyst and market consultant at Integra Realty Resources. In this role Mr. Mowatt provided extensive research, analysis and reporting to real estate investors and developers of various property types on market trends, opportunities, marketability of development projects. Glen's experience includes assessing the market drivers, economic and demographic trends, supply & demand and financial feasibility in South Florida. Other responsibilities involved conducting feasibility analyses and providing litigation support for a variety of clients and property types.
Mr. Mowatt has earned a Bachelors Degree in Real Estate from Florida State University and a Masters Degree in Real Estate Development from Nova Southeastern University. He is a member of the Urban Land Institute (ULI), a member of the Economic Roundtable for the Miami-Dade Beacon Council and has been appointed to serve as co-chair of the Nova MSRED alumni association and currently sits on the advisory board for the university.
Debbie M. Orshefsky is a partner in Holland & Knight's Fort Lauderdale and Washington, D.C., offices. She
practices in the areas of land development and environmental law with specific experience in planning,
infrastructure planning and financing, zoning, subdivision controls and community redevelopment, as well as
state, regional and local roles in land use decision-making.
Ms. Orshefsky has represented private developers and government agencies as special counsel and has
intimate knowledge of the land use planning process. In addition, she is a frequent speaker at state and
national seminars on the land development process, as well as infrastructure planning and funding.
Craig S. Perry
CENTERLINE CAPITAL ADVISORS
Craig Perry is President and founder of Centerline Capital Advisors a diversified real estate investment company specializing in land and income producing assets.
As President and founder of Centerline Homes, Inc., Perry's initial focus was on single-family residential properties. This was the core strategy until 1995, where the focus shifted to high profile residential locations, custom home building and commercial development. Under Perry’s direction, Centerline became one of the premier land development and construction companies in the south eastern United States. With its status of a top 100 Home Builder and over 5,000 units completed, managed a sale to Standard Pacific in June 2013.
Perry was President and founder of Carifone Cellular, a cellular phone rental company. He managed this start-up company through its early stages and growth in a national organization. In May 1992 he managed the sale of the company to a public telecommunications company and coordinated the post-sale transition.
As Controller of GL Homes in Ft. Lauderdale, Florida Perry was responsible for supervising a team in charge of fifteen corporate entities and their financial statements, consolidations, cash flow, soft and hard cost budgeting and forecasting. He served as a key person in the development of a cost control system, computer network and construction department. He also coordinated land acquisition, development issues, legal matters, loan closings, bank relationships and insurance. In addition, Perry was a Staff Auditor for Peat Marwick Main & Company in Miami, Florida, where he served in various assignments with increasing responsibility.
Perry is a graduate with a Bachelor of Science degree in accounting and finance from Florida State University and became a Certified Public Accountant that same year.
Andrew Remick is Vice President at CREC (Continental Real Estate Companies) and is responsible for acquisitions and asset management of assets owned by CREC and its’ Joint Venture partners. Under this role Andrew formulates and executes CREC’s strategic initiatives including sourcing, underwriting, capital market activities, dispositions and asset management. Andrew works closely with the CREC management, leasing and construction teams to underwrite acquisition opportunities, develop a business plan for the applicable value add strategy, oversee the execution of the business plan and the disposition or recapitalization of assets.
Prior to his current role, Andrew was an associate supporting the acquisitions department focusing on underwriting, cash flow projections, due diligence, and property valuations. In addition he supported CREC”s third party brokerage department, specializing in multifamily and land. During this tenure Mr. Remick worked with some of the firm’s clients including Lubert Adler Real Estate Funds, Wells Fargo, Bank of America, 13th Floor, Melo Development and Bank United among others.
Mr. Remick holds a Bachelor of Science in Business with a concentration of Finance from St. John’s University, New York, NY and received a Master’s of Science in Real Estate Development from NOVA Southeastern University, Davie, Florida. He is a licensed Florida Real Estate Salesperson and a member of Urban Land Institute (ULI), International Council of Shopping Centers (ICSC), and the National Association of Office and Industrial Properties (NAIOP).
John N. Ropes
Ropes Associates, Inc.
John Ropes is the founder and president of Ropes Associates, Inc., a leading executive search firm. He is recognized as America’s foremost expert in the recruitment and selection of senior management for developers of resort communities and large scale, master planned communities, as well as other developers and land owners in the field of real estate. Established in 1975, the firm is headquartered in Fort Lauderdale, Florida, and his clients are located worldwide. Clients have included companies such as, Arvida, DMB, Kapalua, Disney Development, Kiawah, Hualalai, Peninsula Papagayo, and Crescent Resources.
Mr. Kenneth Stiles took the helm as CEO of Stiles in early 2017 as Terry Stiles transitioned to Chairman. The move followed the company’s long-established leadership succession plan that paved the road for its long-term growth and sustainability. Prior to becoming CEO, Mr. [Ken] Stiles served for two years as Co-CEO alongside Terry.
As CEO, Mr. Stiles serves on the company's board of directors, executive committee, investment review committee and business development committee. As part of his chief responsibilities, he manages the company's ongoing communication with financial services partners and works directly with the investment team to identify new business opportunities. As a board member, he works closely with the family and fellow members in the development and implementation of the company's 50-year sustainability and growth plans. In addition, Mr. Stiles oversees the Stiles family office.
Mr. Stiles' passion for real estate began at an early age through years of watching his father Terry build the corporation from only two employees in 1951 to more than 300 today. With a bachelor’s degree in Business Administration from Elon University in North Carolina, Mr. Stiles began his career as an assistant development manager gaining experience on many of Stiles' most prominent office projects, including Lake Shore Plaza I in Sunrise. After advancing through several projects, he then shifted his focus toward the financial services and investments division.
An active participant in local charity, Mr. Stiles is Board Chair of the Museum of Discovery and Science and serves as an advisory board member of the NSU School of Real Estate. He is a graduate of the Leadership Broward Class XXXI and maintains an extensive history of involvement with the Broward Alliance and Young Presidents Organization, amongst others.
Mr. Stiles is a native of Fort Lauderdale and currently resides in the Las Olas area with his wife Brittany and two sons. In his free time, he enjoys spending time with his family, fishing and golfing.
Chair Anthony J. Trella
Owner & President
The Meranth Company
Anthony J. Trella is Owner and President of The Meranth Company, a real estate development and investment advisory company. He has a well-established, national reputation that is based on over 40 years of successful accomplishments in executive, marketing and financial management. Mr. Trella’s preeminent achievements were garnered throughout an impressive career as president/CEO of leading real estate organizations, where he directed: the development of over 20,000 acres of land; numerous private and public golf courses; retail and office centers; over 5,000 residential units; and over 3,000 employees. To date, these attainments have resulted in the completion of 15 master planned communities, 20 diverse development projects and over 10,000 residential lots, totaling more than a billion dollars in sales and several hundred million dollars in profits.
Mr. Trella founded The Meranth Company in 1993, a development and investment management company that has since utilized his knowledge and expertise to successfully assist a fast growing list of highly satisfied clients. The Meranth Company provides a broad variety of advisory services from corporate strategic planning, due diligence studies, merger and acquisitions, project development planning and management, financial planning and capitalization, human resource structure, and marketing strategies and programs. Advisory clients and alliances include major investment bankers, private investors, developers, homebuilders, brokers, and other advisory organizations. This has included real estate organizations and projects in Florida, Texas, Illinois, Colorado, Arizona, Nevada, California, Canada and the Bahamas.
Immediately preceding the establishment of The Meranth Company, Mr. Trella served as President/CEO of Markborough Communities, Inc., where he was responsible for all land development and homebuilding operations throughout five states and Canada. These land development holdings were among the largest and most diversified in North America. Seven decentralized operating divisions constituted the fiscal responsibility and supervision of: over $300 million in revenues in five years; over $200 million in development and construction work; eight large master planned communities with over 20 developments in total; and four operating golf course country clubs. Lauded to date is his implementation of one of the best overall marketing programs by a major development firm.
Previous career highlights include serving as the Senior Real Estate Executive of American Capital Corporation, a large bank holding organization and master developer. Mr. Trella, among many major undertakings as executive vice president at American Capital, built out a number of projects, peaking at a volume between 400-500 housing units per year. In addition, while serving as President, he opened the South Florida Division of Pulte Home Corporation, one of the largest homebuilding companies in the United States. Prior to that he served for 12 years as President/CEO of Mondex, Inc., a diversified Florida developer.Mr. Trella's professional affiliations include the Urban Land Institute for which in addition to being a frequent speaker and panelist, he is a Former Trustee and Chairman of the Community Development Council (Green Flight), and the Former Chairman and current member of the South Florida/Caribbean District Council’s Advisory Committee. He is a former Chairman of the Advisory Board of Nova-Southeastern University’s Masters Program in Real Estate Development. He was a director/founder of the Foundation for Environmental and Economic Progress and the Developer-In-Residence for the University of Miami School of Law/Graduate Program in Real Property Development. His accomplishments have earned him the respect of hundreds of professionals within the real estate industry, including Developers, Builders, Realtors, Architects, Planners, Designers, Attorneys, Investment Bankers, Financial Advisors, Bankers and Management Executives. Mr. Trella was born in New York City and earned a B.B.A. in Accounting from Pace University, after which he completed graduate studies at Adelphi University. He served for six years in the U.S. Navy, receiving an honorable discharge.