HOW WE WORK
The Education Opportunity Fund has a dedicated team of professionals, whose wealth of experience is based in real estate investment, building management, credit assessment, public finance and school performance metrics.
The Education Opportunity Fund works with schools to take advantage of existing facilities that can be repurposed quickly and for far less cost than new construction. In the case where existing buildings cannot be found, the fund will consider constructing new facilities.
Chairman & CEO, Northstar Commercial Partners
Northstar was founded in 2000 by its current CEO, Brian Watson. Mr. Watson received a Bachelor of Science degree in Real Estate from the University of Colorado at Boulder. Mr. Watson then joined Cushman & Wakefield of Colorado, Inc. (C&W), an international commercial real estate firm. During his seven-year tenure at this firm, Mr. Watson had the distinction of being the youngest broker in company history to qualify for a Directorship title.
For the majority of his career at C & W Mr. Watson primarily focused on landlord representation. He represented clients such as Lend Lease Real Estate, CarrAmerica Realty LP, P&O Investments/Denver Technological Center, Mission Viejo Companies, Shea Properties, Terrabrook, ERE/Yarmouth and acted as agent for two major Colorado office parks, Highlands Ranch and Stonegate. Mr. Watson also received C&W's prestigious Service Excellence Award for his superior ability to handle complex, high value transactions. Mr. Watson's extensive education and experience in the real estate industry has been instrumental to the success of Northstar Commercial Partners.
Mr. Watson has positioned Northstar as an acquirer of vacant assets and/or value-add properties in markets throughout the United States. The company focuses on buying these assets from lenders, corporations, and other owners, improving these assets and placing them back into productivity to create jobs and opportunities in their local communities. In addition, Northstar has been very instrumental in working with companies to maximize the value of their real estate holdings. Brian Watson is an active member on the Advisory Council of Marcus & Millichap, the nation’s leading firm specializing in commercial real estate investment sales, financing, research and advisory services.
As the Office Manager for Northstar Commercial Partners Kristi Fisher's responsibilities include Investor Relations, Accounting, and Human Resources.
Before joining Northstar Commercial Partners, Ms. Fisher held positions which prepared her for her multi-faceted role at Northstar. She has worked as a Continental Airlines Customer Service Manager, a Small Business Owner, Senior Marketing Assistant, Office Manager and an Executive Assistant for a Venture Capitalist. Her work in these venues has equipped her to oversee sensitive and significant areas here at Northstar.
She graduated from the National College of Business and has lived in Colorado since 1985. Ms. Fisher resides in Thornton and has twin sons.
Kyle D. Henderson
Kyle Henderson is a consummate entrepreneur with extensive experience in a wide array of industries. Throughout his career, he has been instrumental in the development, growth and financing of a multitude of entrepreneurial and established ventures.
Kyle serves as Northstar Commercial Partners' Chief of Staff. Founded in 2000, Northstar Commercial Partners is a privately-held commercial real estate investment organization that has grown to become one of the largest, strategic acquirers of commercial real estate in the United States. Northstar's current commercial real estate portfolio consists of over 8+ Million square feet of office and industrial space.
He is a Co-Founder and Advisory Board Member of the Opportunity Coalition™. The Opportunity Coalition is a 501(c)(4) nonprofit that is specifically designed and actively managed to promote and facilitate a business friendly environment that encourages free enterprise, entrepreneurship and collaboration.
Kyle is a Co-Founder, Principal and Advisory Board Member of Xcel Companies™. Xcel Companies is a privately-held merchant solutions, procurement, expense-reduction and lending organization. Each and everyday, organizations around the globe leverage Xcel Companies for unparalleled transparency into their payment processing, technology, shipping, printing, waste and recycling costs. (Note: Xcel Companies also owns PaymentProcessing.org and MerchantLending.org).
He is an Advisory Board Member of Community Funded™. Community Funded is a powerful, paradigm shifting crowd funding platform designed specifically for communities, businesses and non-profits.
He is an Advisory Board Member of Teakoe®. Teakoe is an high-end tea company. Teakoe is sold in grocery stores, restaurants and fast casual locations around the world.
Kyle was one of the very first team members (employee #3) and Directors with XJet and helped to write the organization's business plan. XJet is an exclusive private jet company that combines seven-star service and the finest facilities in the private aviation industry. XJet was rated as #1 in all of the Americas by the Aviation International News (AIN) and has also been recognized by the Robb Report as the "Best of the Best." XJet also received the prestigious American Architects' Award as well as two Gold Addy Awards for marketing and branding excellence. Kyle is also the Former President of the Academy of Young Investors.
Kyle is a first-generation Irish American, with his father being born in Northern Ireland and much of his family living throughout Europe. He and his wife, Mandi, and their children, Presley and Greyson, are all Colorado natives.
Jaime D. Jones
Director of Acquisitions & Dispositions
As Director of Acquisitions and Dispositions, Jaime Jones is highly active in all aspects of the investment life cycle. Since joining Northstar Commercial Partners in 2007, Ms. Jones has facilitated the acquisition of over 73 assets totaling 8,123,644 SF at an acquisition cost of $357 Million. She oversees the due diligence for each acquisition of local and national real estate investment opportunities. She manages the engagement and completion of inspections and reporting, analyzes results, and performs property and market research. Ms. Jones creates the executive investment summary and investment packets for each asset, and establishes password-protected document vaults in order to provide property information to investors. Additionally, she is a member of the company’s investment review committee and contributes to the development team in both ground-up and redevelopment projects. Ms. Jones works directly with Northstar’s third party listing brokers to ensure successful marketing, lease-up, project completion, and asset disposition.
Ms. Jones received her Bachelor of Arts from the University of California Santa Barbara with a major in Business Economics and a minor in Spanish. She enjoys continuing her language education through international travel and courses abroad. Other hobbies include skiing, hiking, and visiting her hometown of Glenwood Springs, Colorado as often as possible to enjoy the mountains with her family. She volunteers with the Denver Metro CareRing, Denver Rescue Mission, Women’s Homeless Initiative, and World Vision.
William R. “Randy” Keough
Randy Keough has worked as a commercial real estate broker, real estate developer, corporate real estate professional and corporate attorney. Randy has a very broad real estate background built on a solid legal foundation. He has learned the development business from some of the finest restaurant and retail companies in the country. He has highly developed market analysis and site selection skills, is an expert negotiator and has completed scores of retail, office and industrial leasing, sale and development deals.
Randy is very familiar with construction and design issues, is well-versed in the entitlement processes relating to industrial, retail and restaurant development, is proficient in the financial analysis of real estate investments and development deals, and possesses excellent marketing skills. Randy has a talent for finding real estate opportunities and is an extremely creative deal-maker.
Randy’s career began with 5 years in the oil and gas exploration business as a landman/attorney followed by nearly 30 years in the commercial real estate business working with the following companies: Grubb & Ellis Company - Industrial Specialist; Total Petroleum, Inc. - Staff Attorney and Real Estate Manager; McDonald’s Corporation - Senior Real Estate Representative; Rite Aid Drug - Real Estate Director; World Premier Investments - Vice President of Acquisitions and Development; Starbucks Coffee Company - Development Manager; Outback Steakhouse Inc.- Regional Site Manager – West Coast; Southwest Commercial – Owner; CKE Restaurants, Inc. (Carl’s Jr) - Real Estate Manager; Southwest Healthcare Development LLC – Principal; Dish Network Service LLC. – Real Estate Manager.
Randy has a B.S. Degree majoring in General Science from the University of Iowa and a Juris Doctor Degree from the University of Denver College of Law. He is a licensed Colorado real estate broker and a licensed Colorado attorney.
Donald J. Marcotte
Director of Development
Prior to joining Northstar Commercial Partners, Mr. Donald Marcotte was a Partner of Midtown Group, LLC. Prior to Midtown, Mr. Marcotte served as Vice President of Finance, Chief Financial Officer, President and Partner for the O’Connor Group. In his role as CFO, Mr. Marcotte was responsible for structuring joint venture agreements, analyzing and determining the financial feasibility of new development opportunities, and monitoring such projects to assure economic success. Mr. Marcotte was promoted to President in March of 2001, expanding his responsibilities to general business oversight, asset and property management. Mr. Marcotte has over 25 years of experience in the real estate development business. Prior to joining the O’Connor Group, he was the Director of Development for Bramalea USA. Bramalea USA was the subsidiary of Bramalea, Inc., a real estate development company with over $4 Billion in properties throughout North America. After graduating from the University of Northern Colorado with a degree in Business Administration, Accounting and Finance, Mr. Marcotte joined Price Waterhouse and Co. where he earned his CPA Certificate.
Most Notable Development Projects:
- Director of Finance for Bramalea Oakland City Center, a 500,000 SF mixed-use development in Downtown Oakland, CA, consisting of retail and office space.
- Managing member for Prime West Properties, a residential developer in Fountain Hills, AZ, developing single family residential homes.
- Partner and Manager of mixed-use and commercial developments consisting of over 250,000 square feet of retail, office and medical office space and over 200,000 square feet of multifamily space.
- Lincoln Place, mixed use, Loveland, CO. Partner responsible for land acquisition, equity, construction and mezzanine financing for a 200-unit mixed-use residential and retail project in downtown Loveland.
- The Shops at Stapleton, Denver, CO. Partner in charge of construction and mezzanine financing, land acquisition, equity, leasing and pad sales.
- Westcreek, Parker, CO. Partner in charge of land acquisition, land assemblage, financing, leasing and pad sales for a 45-acre Master Planned, mixed-use project located at E-470 and Parker Road.
- Harvest Junction Southwest. Partner in charge of subdividing and entitling 5.5 Acres. Oversaw reducing the flood plain with FEMA as well as the construction and install of infrastructure needed to sell pads.
- Gateway. Partner in charge of coordinating the design and installation of both the offsite and onsite infrastructure. Obtained approvals for subdivision developments and agreements, CDOT access permit and various other requirements needed to start construction.
Mr. Marcotte is a Member of the Urban Land Institute (ULI), Member of ULI Council for Small Scale Development (Silver), Member of American Institute of Certified Public Accountants, and a football and basketball coach for American Youth League.
Jason Marcotte graduated from the University of Southern California in 2007 with degree in Real Estate Finance and after graduating worked in New York within banking & capital markets for PricewaterhouseCoopers where he earned his CPA.
Following PricewaterhouseCoopers Jason worked in the commercial airplane leasing industry at Air Lease Corporation where he was the sixth employee hired and helped the company go public in 2011. Jason left his post as Senior Manager of Finance at Air Lease Corporation to pursue investment opportunities in single-family homes located in Southern California. He also co-founded Beck & Score, an exclusive members only entertainment and travel company for the world’s premier ticketed events. As CFO of Beck & Score Jason identified real estate assets in Brazil for investment in advance of the World Cup.
At Northstar Commercial Partners Jason works closely with the development team to perform financial modeling, identify and evaluate investment opportunities, and assist in obtaining entitlements.
He is an avid skier/snowboarder and volunteers regularly for Habitat for Humanity and Big Brothers Big Sisters.
Capital Partners Relations
Ms. Karli McQueen assists with capital partner relations for Northstar Commercial Partners. In this capacity, she develops communications, addresses requests for information, tracks investor developments, and maintains partnership agreements.
Ms. McQueen began her career in Buckinghamshire, England, establishing her business background in sales and marketing, creating sales growth in various industries by focusing on building strong customer relationships through knowledge, sound communication, and first-class service.
Susan Lee Miller
Ms. Miller has been involved in education, consulting, and finance for over 25 years. She was a rating officer with Standard and Poor’s Corporation in New York City and an investment banker for Kidder, Peabody, Inc. where she focused on public finance clients in the Western states. As a consultant, she completed large project financings and built a new international business development team for a major Canadian energy company. She has published and edited a monthly investing journal serving high net worth individuals and their advisors, focused on asset allocation, appropriate use of active and passive investment strategies, and related issues. She serves on school accountability committees in Jefferson County, with a focus on acceleration, concurrent enrollment and STEM expansion opportunities for K-12, on the Jefferson County’s School Choice Committee, is a member of Jefferson County's Diversity Committee, is President of the Jefferson Association for Gifted Children, and is a Founding Parent of “Raise the Bar”, a new national program to increase parents’ engagement with their children’s education. She has a BA from Northwestern University.
As the Executive Assistant, Michelle Patton answers phones, oversees scheduling of appointments, and provides general office support tasks. She assists with Northstar’s in-house property management and leasing, and creates marketing flyers and campaigns for the current portfolio.
Ms. Patton received her Bachelor of Arts degree from Lycoming College in Pennsylvania with a Major in Spanish and Minors in English and Philosophy. She spent several years working in the hospitality and restaurant industries, prior to joining Northstar. Her hobbies include painting, staying active, and enjoying the outdoors in the great State of Colorado.
Mrs. Leighton Peebles started with Northstar Commercial Partners in 2014. As a property manager she is involved in all aspects of day-to-day operations for buildings associated with Northstar Commercial Partners Management. Mrs. Peebles provides exceptional tenant customer service, has strong administrative skills, a deep knowledge of contracts and property accounting, and excellent communication skills. She is responsible for managing work order requests while working alongside building engineers and vendors to ensure excellent tenant satisfaction. Mrs. Peebles also works with Northstar’s accounting team when preparing monthly reports and property budgets
Mrs. Peebles received her Bachelors of Arts degree in Human Development with a focus in Psychology from Metropolitan State University of Denver in 2013. She enjoys spending her time hiking, biking, and anything outdoors with her husband Josh and their Golden Retriever, Max.
Director of Debt and Equity
Mr. Richards serves as Northstar's Debt and Equity Director and was the former Vice President with Berkadia Commercial Mortgage with more than twelve plus years of experience in commercial real estate. He has extensive knowledge of all major real estate product types and is primarily responsible for originating and executing debt and equity placements throughout the southeastern United States; however has successfully closed transactions throughout the country. He has long standing relationships with institutional capital and equity sources, which he maintains regularly.
Mr. Richards joined the firm in September of 2011 as part of the Tavernier Capital Partners Florida Operations Acquisition, but has been in the Orlando office since he started his career in 2002 with GMAC Commercial Mortgage/Capmark Finance. He has been involved in over $1 billion of transactions during his tenure with these respective companies. Prior to joining Berkadia, he was the Vice President at Tavernier Capital Partner. Prior to that, he was a Senior Analyst/Junior Producer for GMAC Commercial Mortgage/Capmark Finance.
Mr. Richards is an active member of ICSC, NAIOP, ULI and MBA. Mr. Richards attends local and national real estate conventions annually to remain knowledgeable of the financing debt and equity options and continues developing his existing debt and equity relationships; in addition to securing new ones.
Director of Brokerage
Mr. Uhrig has started several successful real estate business ventures primarily focusing on consumer advocacy in real estate transactions. His companies worked hand in hand with law firms across the nation and were directly responsible for the return of over $18 Million of misappropriated fees by companies to consumers.
Mr. Uhrig works with Northstar Commercial Partners in marketing some of its assets in Colorado.
Vice President of Property Management
Michelle Wright provides day-to-day operational leadership for all of the Northstar commercial assets. Mrs. Wright is responsible for managing properties directly as well as acting as the lead manager on large assignments. Mrs. Wright proactively looks for ways to improve the asset; increase/maintain tenant satisfaction, stabilize leasing, reduce operating expenses all while making sure that the asset is running in a Class A operation.
Mrs. Wright has over 11 years of progressive management experience, beginning her commercial property management career in 2003 at Equity Office. She adapted to new responsibilities, changing her career focus as the company required. With a background that includes accounting management, customer service management, and portfolio daily oversight, Mrs. Wright’s varied background and expertise ensures optimal delivery of asset management services, and is a great benefit to Northstar Commercial Partners.
Mrs. Wright’s joined Grubb & Ellis in 2008, where she actively managed a diverse portfolio consisting of one million square feet of commercial, healthcare, retail, flex and industrial space. Grubb & Ellis was purchased by Newmark Grubb Knight Frank in 2012. Mrs. Wright then transitioned her role to continuing her focus on delivering superior asset management services, while exemplifying quality service delivery to both internal and external customers.
Patricia Watson received a Bachelor’s degree in English Literature from the University of Central Florida in 1992. She graduated with her Juris Doctorate from Florida State University College of Law, summa cum laude, in 1997. Patricia has practiced construction defect and commercial transactional law in the Denver area for seventeen years. She remains an active member of the American, Colorado and Denver Bar Associations. Patricia lives in Greenwood Village, Colorado with her husband and two of their three children. Their third child lives in Nashville, Tennessee and works in the music industry.
Mrs. Watson has supported numerous non-profits over the years, including Heifer International, Central India Christian Mission, Smile Train, Project 1.27, Denver Rescue Mission, Compassion International, Samaritan House, and Habitat for Humanity.