Institutional acquisition services
for private capital.Institutional acquisition services for private capital.

Joel brings more than 30 years of experience in commercial real estate and fiduciary accounting. Trained in accountancy at the University of North Dakota, he approaches every investment the way a fiduciary does: start with the numbers, protect the principal, and know exactly what you own.

As President and Chief Investment Officer, Joel oversaw REIT portfolios that scaled to $1.2 billion and $400 million in assets. In those roles he was responsible for capital allocation, portfolio strategy, investor reporting, and the debt structures that carried those portfolios through changing markets.

At Black Arbor, Joel serves as Broker of Record and leads client relationships, capital structure, and debt placement. He gives private investors the same institutional discipline and reporting rigor he delivered to REIT boards and shareholders.

Education

University of North Dakota, Accountancy (1990)

Licensing

Broker of Record, ND Firm License #9230

Prior Role

President & Chief Investment Officer, REIT portfolios to $1.2B and $400M

DJ started in commercial real estate in 2000 as a leasing agent and learned assets from the ground up: tenants, leases, buildings, and what makes cash flow hold. Over more than 25 years he has originated, modeled, and negotiated more than $500 million in commercial transactions.

As Vice President of Acquisitions, DJ co-developed more than $400 million in net asset value across industrial and office portfolios. He built the underwriting, ran the diligence, and negotiated the deals that grew those portfolios.

At Black Arbor, DJ leads sourcing, underwriting, and transaction execution. He focuses on industrial, net lease, and sale-leaseback acquisitions, and he would rather pass on a deal than rely on assumptions that don't hold up.

Education

University of North Dakota (2003); MBA, University of Mary (2005)

Licensing

ND Real Estate License #7947

Prior Role

Vice President of Acquisitions, $400M+ net asset value