Raintree Partners Executive Team
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Co-CEO | President of Development
Jason Check
Mr. Check has played a key role in Raintree Partner’s overall growth since its inception in late-2007 and currently oversees the company’s land acquisition, entitlement, and construction activity while serving as a member of the company’s Investment Committee; responsible for Raintree Partner’s overall investment & development strategy.
Prior to joining Raintree in 2008, Mr. Check worked with The Picerne Group (TPG), a southern California based multifamily investment and development company with investments in the western United States. Prior to his time with TPG, Mr. Check served as a project engineer for Langan Engineering based in Manhattan, NY, specializing in residential high-rise and mixed-use projects in Manhattan and Queens.
Mr. Check holds a Bachelor of Science in civil engineering as well as a Master of Science in civil and environmental engineering from Georgia Institute of Technology. He is an active member of the Urban Land Institute, where he serves on the leadership committee for the Small-Scale Development Product Council (SSDC). He is also a member of the National Multifamily Housing Council (NMHC) and is a LEED accredited professional.
Co-CEO | President of Development
Jason Check
Co-CEO | President of Investments
Aaron Hancock
Mr. Hancock is chiefly responsible for the acquisition and disposition of existing multifamily properties throughout the company’s California markets. Mr. Hancock oversees the financing of acquisition and portfolio assets, directs asset management and renovation efforts and maintains lender relationships, all while ensuring the company’s financial strategy matches its investment strategy.
Mr. Hancock joined Raintree after working on the acquisition of more than 25 properties in California and the Pacific Northwest for Pacific Property Company. He also served as acquisitions manager for BRE Properties and as a lending officer for Wells Fargo Bank’s Real Estate Group.
Mr. Hancock holds a Bachelor of Arts in Spanish and economics from Bowdoin College and is a member of the National Multifamily Housing Council (NMHC) and the Urban Land Institute.
Co-CEO | President of Investments
Aaron Hancock
Managing Director | Asset Management
Annette Thurman
Ms. Thurman oversees Raintree’s real estate operations team, consisting of the asset management and capital management functions. She is responsible to lead departmental initiatives, and support and guide operational activities alongside the operations team and third party management groups to drive the overall portfolios year over year performance.
Prior to joining Raintree, Ms. Thurman was Senior Vice President for Alliance Residential Company, responsible for operations of more than 80 assets consisting of nearly 20,000 units. She also served in senior positions at Riverstone Residential and Fairfield Residential.
Ms. Thurman studied Economics at the University of California at Irvine, and is a CCIM candidate. She is also a member of the California Apartment Association (CAA) and National Multifamily Housing Council (NMHC).
MANAGING DIR. | ASSET MANAGEMENT
Annette Thurman
Managing Director | Development
Richard Price
Richard Price oversees all phases of Raintree’s development projects, including acquisition, due diligence, entitlement, project design, permitting, construction and operation. He also supports Raintree’s financing and refinancing efforts for both construction and permanent loans on stabilized development projects. To date, Mr. Price has been involved in more than $400 million in development activity.
Prior to joining Raintree, Mr. Price underwrote institutional-size multifamily value-add acquisitions totaling $1.2 billion for Bascom Group and brokered multifamily transactions for ACI Apartments in San Diego, California. Earlier in his career, Mr. Price worked as a CPA for PricewaterhouseCoopers.
Mr. Price holds a Bachelor of Science in accounting from Brigham Young University and a Master of Real Estate Development from the University of Southern California. He is a Certified Public Accountant, a California-licensed real estate broker, a member of Urban Land Institute, ULI Urban Development Mixed Use Product Council (UDMUC), and the ULI NEXT Initiative Council.
MANAGING DIR. | DEVELOPMENT
Richard Price
Managing Director | Accounting & Administration
Lee Pacheco
Mr. Pacheco leads Raintree’s operations in accounting, treasury, financial reporting and analysis, tax and capital planning, risk management, human resources and information technology.
Prior to joining Raintree, Mr. Pacheco served as senior vice president at Shea Properties, where he was responsible for strategic and business planning, including finance, accounting, information technology, human resources and investor relations. Earlier in his career, Mr. Pacheco served as regional controller and financial manager at Trammell Crow Company, responsible for finance, accounting, forecasting, treasury, information technology, construction contract review, litigation support and employee education. He also led the Quality Customer Reporting program for operations in California, Colorado, Nevada, Oregon, and Washington.
Mr. Pacheco holds a Bachelor of Science in real estate finance and business economics from the University of Southern California’s Marshall School of Business. He is a Certified Public Accountant and a member of the American Institute of CPAs.
MANAGING DIR. | ACCOUNTING & ADMIN
Lee Pacheco
Chairman
Jeffrey B. Allen
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.