Managing Member

Almon Investment Group, LLC (AIG)

Summary of Members

PrivatePortfolio Group, LLC is the managing member of each single asset entity in the portfolio, and Almon Investment Group, LLC is the managing member of PrivatePortfolio Group, LLC.

James A. Almon

Founder, Owner and Manager
of Almon Investment Group, LLC

Mr. Almon is the manager of Almon Investment Group, LLC, the managing member of PrivatePortfolio Group, LLC (PPG) and founded the Company in 1998. He has over 40 years in the real estate industry including acquisition, financing, syndicating / capital formation, operations and management spanning the past 40 years. He held national senior executive level positions at both public and private companies before founding the Company. Previous to the real estate industry, he was with IBM for 7 years. Mr. Almon graduated from the University of Washington in 1968 with a degree in Political Science.

Felix R. Harke

Founding Member and
Owner of the Manager

Mr. Harke is a founding member of Almon Investment Group, LLC, the managing member of PrivatePortoflio Group, LLC. Mr. Harke has over 36 years of experience in the capital formation and syndication of real estate. He has held senior regional level positions in both public and private companies throughout his career. Previous to this Mr. Harke spent 11 years with Xerox. He received a degree in Liberal Arts from Washington State University in 1968.

David G. Mandley

Member and
Owner of the Manager

Mr. Mandley joined PrivatePortfolio Group, LLC in 1999 and is a member of Almon Investment Group, LLC, the managing member of PrivatePortfolio Group, LLC. Mr. Mandley has over 41 years of investment business experience including the syndication, acquisition, and development of real estate. He has held senior level executive positions at both public and private companies. Previous to the investment business, he was with IBM for 9 years. Mr. Mandley graduated from the University of Washington in 1967 with a degree in Business Administration.

Melanie Prock

President
Pillar Communities, LLC

Ms. Prock joined PrivatePortfolio Group, LLC (PPG) in 2000, and for the past 17 years has been responsible for property management operations at Pillar Communities, LLC, PPG’s wholly owned management company. She is closely involved in all acquisition and disposition decisions. Ms. Prock has over 30 years experience in operations, and previously was employed by Archstone Communities, a publicly held REIT.

Traci Denson

CFO/Executive Vice President
Pillar Communities, LLC

Ms. Denson joined PrivatePortfolio Group, LLC in 2000 after working for Arthur Andersen LLP for 8 years. Ms. Denson is a CPA and has over 27 years experience in the accounting field, and graduated from Arizona State University with a Bachelor of Science degree in Accountancy. She is responsible for all finance and accounting, and coordinating with KPMG for Pillar Communities, LLC and PPG annual audits, k-1s, and tax returns.

Brandon Arneson

Vice President
Pillar Communities, LLC

Mr. Arneson joined PrivatePortfolio Group, LLC and Pillar Communities, LLC in 2003. His responsibilities include Investor Relations and Reporting for all assets, as well as analysis and research on potential acquisitions, dispositions, and re-financing and capital formation packaging. Mr. Arneson graduated from Arizona State University with a Bachelor of Science degree in Accountancy in 1999.

David R. Mandley

Capital Formation/Operations
Pillar Communities, LLC

Mr. Mandley joined PrivatePortfolio Group, LLC and Pillar Communities, LLC in 2007. He previously was employed by Xerox, and Opus NW. His responsibilities include investor capital formation, as well as day to day operations within Pillar Communities. Mr. Mandley received a degree from Santa Clara University in 2003, majoring in Finance, and a minor in French. In 2011, he received an MBA degree from ASU’s WP Carrey School of Business.