- Carl ChangChief Executive Officer
- Jonathan NeedellPresident & Chief Investment Officer
- John O’LaughlinGeneral Counsel & Chief Compliance Officer
- Kurt AltergottChief Financial Officer
- Justin SalvatoInvestment Director, Co-Head Investment Group
- Steve RitcheyInvestment Director, Co-Head Investment Group
- Kristin Pelkey BradleySr. Investment Manager
- Anthony TomInvestment Manager
- Sean ColleranAssociate Investment Manager
- Catherine BuiTransaction Manager
- Joel ThomasAssociate Investment Manager
- Joseph SantosInvestment Analyst
- Riccardo LemosInvestment Analyst
- Mary JiaTax Manager
- Mia BergmanController
- Chris CramondController
- Dana NguyenSr. Investment Accountant
- Brian KagawaInvestment Accountant
- Camila KremerInvestor Relations Manager
- Matt GiffordInvestor Reporting / FP&A Manager
- Sally PowellCompliance Manager
- Jennifer MartinHuman Resources Manager
- David RominesInformation Technology Manager
- Sisi ZhaoExecutive Assistant/Office Manager
Mr. Chang founded Kairos in 2005 after more than 15 years managing the investments and real estate holdings of his family’s investment portfolio. He directly acquired, developed, and managed over $1 billion worth of retail shopping centers, office, multifamily, and multi-tenant light industrial properties throughout the United States. Mr. Chang also successfully managed private equity investments in early-stage companies.
In addition to his real estate investment activities, Mr. Chang is also the Founder of Pieology Pizzeria. Since opening in 2011, Pieology experienced impressive growth and now operates over 150 stores across the United States, including corporate and franchise locations.
Since 2005, Mr. Chang served as the Chief Executive Officer of SullivanHayes Brokerage Company, LLC and since 2003 he has served in the same capacity at Dunton Commercial Real Estate Company. SullivanHayes is a commercial leasing firm and Dunton Commercial is a property management company. SullivanHayes Brokerage leased over 6 million square feet of property and sold more than 500 acres of land. Originally founded in 1904, Dunton Commercial is one of the oldest real estate brokerage firms in the country and specializes in the representation of investors, tenants, and property owners.
In 1993, Mr. Chang co-founded CMCB Enterprises and CMCB Development Company to develop and invest in real estate. During that time, he was a professional tennis coach, principally for his brother, Michael Chang, who is perhaps best remembered for becoming the youngest-ever male winner of a Grand Slam singles title when he won the French Open in 1989 at the age of 17. In 1996, Mr. Chang was named Coach of the Year by Tennis Magazine.
Mr. Chang holds a Bachelor’s in Political Economy of Industrial Societies with an emphasis in International Business and Multinationals from the University of California, Berkeley. Mr. Chang sits on the board of advisors to The Center for Investment and Wealth Management at the University of California Irvine.
Jonathan Needell serves as President and Chief Investment Officer of Kairos, since joining the company in 2006 as its Chief Financial Officer. Mr. Needell oversees acquisition and development underwriting and analyses, dispositions, and asset management. Mr. Needell also oversees all strategic and business planning, sourcing and structuring construction, mini-perm, and permanent debt, joint venture equity financing, financial reporting, and lender and equity partner relations.
Prior to joining the firm, Mr. Needell was the Investment Director and Chief Financial Officer of Schnitzer West (formerly Schnitzer Northwest), a commercial real estate investment and development firm based in Bellevue, Washington. While at Schnitzer, Mr. Needell was responsible for the sourcing and structuring of the firm’s debt and equity financing efforts as well as its lender and equity partner relations.
Prior to Schnitzer, Mr. Needell served at Merrill Lynch & Co. as Director – Corporate Finance Group in the Investment Banking Division. Mr. Needell started his career at Merrill Lynch in 1992 and held several positions within the Real Estate Group, Investment Banking Division, prior to moving to the Corporate Finance Group in 2000. At Merrill Lynch. he developed and maintained client relationships relating to corporate finance products in several focus areas including real estate, media, and general industrial. In addition, he worked extensively in capital raising activities and deal structuring and negotiation. During his tenure at Merrill Lynch, Mr. Needell executed at least fifty transactions with an aggregate value of over $15 billion. These transactions included mergers and acquisitions or strategic private equity and PIPE investments, structured and convertible bond offerings, unsecured debt and preferred equity offerings, public secondary and add-on equity offerings, secured debt and commercial mortgage backed securities offerings, and several initial public offerings of equity in real estate investment trusts (REITs).
Mr. Needell holds a Bachelor’s degree with a double major in Economics and History from St. Lawrence University in Canton, New York. He is a member of the International Council of Shopping Centers and a member of the Urban Land Institute. Mr. Needell sits on the Investment Committee for the Board of Directors of Children’s Hospital of Orange County (CHOC) at Mission Hospital and the Board for The Center for Investment and Wealth Management for the University of California Irvine. Mr. Needell is also a four-time Ironman.
John O’Laughlin joined Kairos as its General Counsel in 2007. As General Counsel and Chief Compliance Officer, his responsibilities include overseeing all investment transactions and the compliance department. Mr. O’Laughlin’s exposure to a wide range of business operations as well as his litigation and transactional background provides the company with added advantages and insight into its legal matters.
Prior to joining the firm, Mr. O’Laughlin headed his own private practice focusing primarily on corporate and real estate litigation and transactions. From 1982 to 2004, Mr. O’Laughlin was a member at the law firm of Butterwick, Bright & O’Laughlin, Inc., serving as the firm’s managing partner from 1990 to 2004. Over his more than 30 years of practice, Mr. O’Laughlin represented a broad spectrum of clients, including business owners, landowners and operators, developers, contractors, brokers, and agents in all aspects of the litigation process, including real property, construction, eminent domain, contract, and lease disputes. His experience extends to representing clients in real property transactions such as acquisitions, sales, commercial leasing, and development. In addition, he negotiated, documented, and closed numerous loans secured by various types of real property including shopping centers, multifamily, and office complexes.
Mr. O’Laughlin holds a Bachelor’s degree in Political Science from San Diego State University and a Juris Doctor from the University of San Diego, School of Law from which he graduated magna cum laude.
Kurt Altergott serves as Chief Financial Officer of Kairos. He is responsible for all facets of financial, strategic, and operational functions. Mr. Altergott is also involved with strategic and business planning, financial reporting, compliance, sourcing debt, joint venture equity financing, and lender and equity partner relations.
Prior to joining the firm, Mr. Altergott was the Chief Financial Officer of MIG, a diversified investment advisor based in Newport Beach, CA where he was responsible for the sourcing and structuring of both the firm’s and for individual fund’s debt and equity raising efforts, risk mitigation and compliance, and lender and investor relations.
Prior to MIG, Mr. Altergott served as Chief Financial Officer or Senior Financial Officer at various privately or publicly owned organizations with multiple verticals and geographies including Centex Corporation, Kaufman & Broad, Virgin, and ADT. He has been involved in the sourcing and execution of over $1 billion in debt and equity proceeds, asset portfolio acquisitions and divestitures, and played roles in multiple buy and sell side mergers and acquisitions. Additionally, Mr. Altergott worked on deal structuring and negotiation including for a successful IPO. Additional areas of focus included SEC matters and reporting, Treasury, Taxation, and Risk Management. He began his career with Price Waterhouse where he worked with several diversified real estate clients.
Mr. Altergott is a CPA in the State of Florida and is a member of the American Institute of Certified Public Accountants, the Florida Institute of Certified Public Accountants, Financial Executives International, and Beta Gamma Sigma. He holds a Master’s in Accounting and Bachelor’s degree in Accounting and Finance, both from The Florida State University in Tallahassee, Florida.
Justin Salvato joined Kairos in 2012. Mr. Salvato is an Investment Director and Co-Head of the Investment Group focusing on the firm’s debt and alternative equity platform. Mr. Salvato leads the firm’s acquisition and disposition efforts, including deal sourcing, deal underwriting, and asset management.
Prior to joining the firm, Mr. Salvato was a Senior Underwriter in the acquisitions group at Torchlight Investors (formerly ING Clarion Capital), where he specialized in high yield debt origination. Prior to Torchlight, Mr. Salvato worked at Anglo Irish Bank as a CRE lender, and at PricewaterhouseCoopers as CRE appraiser. Throughout his career, Mr. Salvato has closed in excess of $1 billion of CRE debt and equity investments.
Mr. Salvato earned his Bachelor’s degree in Real Estate Finance at the University of Connecticut.
Steve Ritchey joined Kairos in 2013. Mr. Ritchey is an Investment Director and Co-Head of the Investment Group focusing on the firm’s office, industrial, multifamily, and retail asset management and acquisitions activities.
Prior to joining the firm, Mr. Ritchey was a Vice President for AEW Capital Management where he was responsible for the asset management of a variety of office, industrial, and multifamily assets across the western United States. Prior to assuming an asset management role at AEW, he served in an acquisitions role specializing in the acquisition of value-added property investments. Mr. Ritchey joined AEW in 2000 after spending three years in the asset management group of Prudential Realty Group, which managed the debt and equity investment portfolio of Prudential Insurance Company of America.
Mr. Ritchey earned both his Bachelor’s in Finance and Master’s in Business Administration degrees from the University of Southern California’s Marshall School of Business.
Kristin Pelkey Bradley serves as a Senior Investment Manager, focusing on the firm’s multifamily and student housing asset management in the Southeastern United States.
Prior to joining the firm, Ms. Bradley was Real Estate Investment Consultant at Cushman & Wakefield and Vice President for DEXUS Property Group, where she was responsible for the asset management and strategy analytics of an industrial AUS REIT portfolio. Prior to DEXUS, Ms. Bradley was an associate asset manager at AEW Capital Management, specializing in value-add and core multifamily, industrial, and office assets across the Western United States. Ms. Bradley joined the AEW asset management team as an analyst in 2008 after spending two years in AEW’s investor relations group in Boston, MA where she served as a marketing analyst and was responsible for coordinating capital raising, marketing, and client reporting.
Ms. Bradley earned her Master’s in Finance from the Boston University and Bachelor’s in Communications from Loyola Marymount University.
Anthony Tom serves as an Investment Manager at Kairos, focusing on the asset management and acquisitions activities of the firm’s office, industrial, multifamily, and retail assets.
Prior to joining the firm, Mr. Tom was a Finance Manager for Panattoni Development Company where he was responsible for acquiring and managing the debt and equity financing for ground-up institutional industrial and office developments across the United States.
Prior to Panattoni, he served as an Asset Manager at City National Bank specializing in the asset management of distressed REO assets primarily in the Western United States. Prior to City National Bank, Mr. Tom was an Asset Management and Acquisitions Officer at Clarion Partners specializing in institutional office, industrial, multifamily, and retail assets across.
Mr. Tom earned his Bachelor’s degree in Economics at the California State University, Long Beach.
Sean Colleran serves as Associate Investment Manager and focuses on the firm’s office, multifamily, and retail asset management.
Prior to joining the firm, Mr. Colleran was an Associate at Walton Street Capital, where he primarily focused on portfolio management for both foreign and domestic equity funds consisting of office, hotel, senior housing, industrial, land, and multifamily assets. His responsibilities included asset management of more than 2,000,000 square feet of office. Mr. Colleran joined Walton in 2010 after spending three years in the real estate tax group at PricewaterhouseCoopers.
Mr. Colleran earned both his Bachelor’s in Business Administration and Master’s in Accountancy from the University of Notre Dame’s Mendoza School of Business.
Catherine Bui joined Kairos in May 2013 and currently serves as Transaction Manager. Ms. Bui’s primary responsibilities include reviewing, preparing, and coordinating execution of all documentation and closing of escrow relating to acquisitions, financing/refinancing, and dispositions. She also provides operational support to the Investment Management team with various aspects of asset management, construction/redevelopment, and legal entity management. In addition, Ms. Bui manages a portfolio of retail and office assets located in Southern California.
Prior to joining the firm, Ms. Bui spent two years at American Honda Finance Corporation. Prior to Honda Finance, she took on part-time marketing and customer service positions at Alliance Inspection Management, Internet Brands, and Main Street Marketing while completing her degree at CSULB.
Ms. Bui graduated from California State University, Long Beach with a Bachelor’s degree in Communication Studies. She also holds a California Real Estate Salesperson License.
Joel Thomas joined Redwood-Kairos in 2017 as an Associate Investment Manager. Mr. Thomas’ responsibilities include investment analysis for acquisitions, specializing in affordable multifamily housing.
Prior to joining the firm, Mr. Thomas spent over four years as an Investment Analyst with CBRE Affordable Housing, the top affordable housing brokerage team in the country. While with CBRE Affordable Housing, he provided valuation and underwriting services for affordable multi-family properties across the United States.
Mr. Thomas completed his Bachelor’s degree in Finance from the University of Washington’s Foster School of Business.
Joseph Santos joined Kairos in 2015 as an Investment Analyst. Mr. Santos’ responsibilities include investment analysis for acquisitions and dispositions, due diligence, and supporting the Investment Management team.
Prior to joining the firm, Mr. Santos spent over six years as a senior financial analyst for the Matthews Retail Group, the top retail investment team globally for Colliers International. While at the Matthews Retail Group, Mr. Santos analyzed commercial retail shopping centers, single tenant net leased properties, office, multifamily, and industrial properties. Throughout his career Mr. Santos has been involved in over $1 billion in investment sales in 37 states.
Mr. Santos completed his Bachelor’s degree in Mathematics from the University of California, Fresno. He holds a California Real Estate Salesperson license.
Riccardo Lemos joined Kairos in 2016 as a Financial Analyst. Mr. Lemos’ responsibilities include investment analysis for acquisitions and dispositions, due diligence, and supporting the investment management team.
Mr. Lemos earned his Bachelor’s degree in Economics from the University of California, Berkeley and has experience competing in professional tennis. Mr. Lemos was born in Italy and has lived in Brazil, the United Arab Emirates, the United Kingdom, and Australia. He is fluent in Italian, Portuguese, French, and English.
Mary Jia serves as a Tax Manager of Kairos. Her responsibilities include coordinating Federal and State income tax compliance, tax authority audits, tax research, and investor tax inquiries.
Prior to joining the firm, Ms. Jia was a Senior Tax Associate with KPMG Orange County office where she served both partnership and corporate clients in a variety of industries, including real estate, private equity, energy, and pharmaceuticals.
Ms. Jia is a Certified Public Accountant with the State of California. She received her Master’s in Taxation from the University of Southern California and her Bachelor’s degree in Foreign Languages from Tsinghua University in Beijing, China.
Mia Bergman joined Kairos in 2016 as a Controller. Ms. Bergman has a demonstrated history of working in the real estate industry and is skilled in budgeting, internal controls, management, financial reporting, and systems implementation.
Prior to joining the firm, Ms. Bergman started her financial career at EY (formerly Ernst & Young).
Ms. Bergman attended the Cass Business School, City University in London and the University of Illinois at Urbana-Champaign.
Chris Cramond joined Kairos in 2015 as a Controller. He is currently responsible for fund accounting and oversight of the Dunton Commercial property accounting group.
Prior to joining the firm, Mr. Cramond was an Assistant Controller at The Laramar Group, responsible for preparing financial information for their residential real estate portfolio.
Prior to Laramar, Mr. Cramond was a Controller at Broe Real Estate Services, working on their commercial and residential real estate portfolio. Prior to Broe, he was Controller at Capital Pacific Homes, where he managed an accounting team responsible for providing financial information for the home building operations in Colorado, preparing GAAP financial statements and coordinating audits.
Mr. Cramond started his career in public accounting at Ernst & Young in Irvine, California. Mr. Cramond is a Certified Public Accountant and received his Bachelor’s degree in Accounting from California State University, Long Beach.
Dana Nguyen serves as Senior Investment Accountant of Kairos.
Prior to joining the firm, Mrs. Nguyen worked for leading global investment and financial firms as a Fund Accountant, Hedge Fund Specialist and Senior Investment Accountant.
Mrs. Nguyen started her career as a Fund Accountant with State Street Corporation, after graduating from the University of Massachusetts with a degree in Business Management and Finance.
Brian Kagawa joined Kairos in 2017 as an Investment Accountant. Mr. Kagawa’s responsibilities include overseeing the day to day accounting for in-house properties.
Prior to joining the firm, Brian spent 4 years at Keystone Pacific Property Management in their AP and GL departments handling the accounting for HOA’s and several business parks.
Mr. Kagawa grew up in San Diego and earned his Bachelor’s from UCI with a degree in Business Economics.
Camila Kremer joined Kairos in 2015. As Investor Relations Manager, Ms. Kremer’s responsibilities include relationship management, investor communications, marketing, capital raising, and strategic initiatives.
Prior to joining the firm, Ms. Kremer worked for a private registered investment advisor based in Boston, MA where she focused on alternative investments within the research team and leading a team of relationship managers.
Ms. Kremer earned her Bachelor’s in Economics and International Relations from Lehigh University. Ms. Kremer is fluent in Portuguese, Spanish, and English. She is a registered investment advisor representative and a CFA Level II Candidate.
Matt Gifford joined Kairos in 2017 as its Investor Reporting / FP&A Manager. Mr. Gifford’s responsibilities include preparation of quarterly investor reports, capital account statements, auditor and custodian requests, quarterly and annual investment fair value support, preferred return calculations, fund track record, and performance reporting.
Prior to joining the firm, Mr. Gifford was a Fund Accounting Manager at LBA Realty, a full service commercial real estate investment and management company headquartered in Irvine, CA. During his tenure at LBA, Mr. Gifford was responsible for real estate fund, lender, and investor reporting, capital management, and REIT compliance. In addition, he was responsible for the calculation and reporting of property performance metrics and returns for all properties held by the company. He began his career as an auditor with TWHC where his clients included various financial institutions.
Mr. Gifford is a CPA in the State of California and is a member of the American Institute of Certified Public Accountants and the California Society of Certified Public Accountants. He holds a Bachelor’s degree in Business Economics with an emphasis in Accounting from the University of California, Santa Barbara.
Sally Powell joined Kairos in 2013 and currently holds the position of Compliance Manager. She is responsible for overseeing the firm’s regulatory compliance program and policies.
Prior to joining the firm, Ms. Powell spent several years at CBRE in the Advisory and Transaction Services Group where she directed a team of portfolio administrators in the servicing of key corporate clients. She is also experienced in the development side of the wireless industry. Ms. Powell served as a Real Estate Development Manager for T-Mobile directing the build-out of a multi-state region. Prior to T-Mobile, she was the Regional Director for American Tower in the Southwest region.
Ms. Powell earned her Master’s in Urban Planning from the University of Tennessee, Knoxville. She completed her undergraduate studies at Rollins College in Winter Park, Florida, receiving a Bachelor’s in Environmental Planning and Land Use Studies.
Jennifer Martin serves as Human Resources Manager at Kairos, currently responsible for workforce planning and employment, compensation and benefits, employee relations, human resource development, labor law compliance, and business management and strategy.
Prior to joining the firm, Ms. Martin served in various Human Resource roles over the past 20 years within the home building & construction, health care, and restaurant industries. Ms. Martin holds a Professional in Human Resources certification.
Ms. Martin started her career in Human Resources at John Laing Homes, shortly after attaining her Bachelor’s degree in Communications/Public Relations and a minor in Business Administration from Chapman University in Orange, CA.
David Romines joined Kairos in 2016 as IT Manager. Mr. Romines’ responsibilities include managing the company’s IT infrastructure and Information Security and compliance needs. Mr. Romines brings 15 years of diverse IT experience and a background in Information Security to the Kairos team.
Prior to joining the firm, Mr. Romines worked as a Network Operations Control Analyst for Mega Path, Systems Administrator and Information Security Analyst for Broadcom, and IT Manager for South Coast Repertory.
Mr. Romines holds IT certifications from Cisco, Microsoft and CompTIA. Mr. Romines is currently pursuing his Bachelor’s in Information Technology from Arizona State University.
Sisi Zhao joined Kairos in 2017 as an Executive Assistant/Office Manager. Ms. Zhao’s responsibilities include managing schedules, conferences, teleconferences, travel, and office management.
Prior to joining the firm, Ms. Zhao worked as an Executive Assistant at Interush Inc., where she was highly-focused and results-oriented in supporting complex, deadline-driven operations, and quantifying goals and priorities to successfully resolve issues.
Ms. Zhao earned her Bachelor’s degree in Business Administration from the University of California, Riverside. She is fluent in English, Chinese Mandarin, and Cantonese.