Mr. Allen established the firm in 2007 as the successor to J. B. Allen Realty Inc., a private real estate development company he previously founded. Mr. Allen directs the company’s investment of approximately $1 billion in institutional equity.

Mr. Allen has more than 40 years of experience in real estate investment, development, and management. Prior to founding Raintree Partners and J.B. Allen Realty, Mr. Allen managed multifamily investments at SSR Realty Advisors, which later became BlackRock Realty. He also served as CEO of the company’s Metric Property Management subsidiary, where his team managed $2.3 billion of institutional capital invested in a portfolio of more than 20,000 apartment units across the nation.

Previously, Mr. Allen served as a Partner with Maguire Partners, a commercial real estate developer in Los Angeles and, prior to that, a senior executive with affiliates of Security Capital Group where he lead a team that developed, acquired and managed more than 22,000 apartment units and 12,000 extended-stay hotel rooms. From 1981 to 1995, Mr. Allen was a Managing Partner of Paragon Group, a leading national developer and manager of office, industrial and multifamily properties. He also co-founded and was Vice-Chairman of Carlan Homes, a single-family homebuilding affiliate of Paragon Group. Earlier in his career, Mr. Allen held development management positions with Cabot, Cabot & Forbes and The Koll Company.

Mr. Allen holds an MBA from Harvard Business School and a BS in Civil Engineering from Cornell University. He is a licensed real estate broker in California and a member of the Urban Land Institute, ULI's Multifamily Council, the Policy Advisory Board of UC Berkeley's Fisher Center for Real Estate and the National Multi-Housing Council where he previously served on the Executive Committee and Board of Directors.