Senior Executives


C. Joseph Blackbourn
President and CEO

In 2002, Joseph Blackbourn left the Phoenix-based Pivotal Group, where he supervised acquisitions for approximately ten years, to re-start Everest Holdings (see Joe Blackbourn's Pivotal Group Investment Experience).

In Joe’s 25 years in the real estate industry, he has had direct involvement with the investment side of transactions with aggregate value well in excess of $1 billion, including office buildings, master-planned communities, multifamily communities, shopping centers, hotel properties, business parks, mixed-use developments, residential land, commercial land, mortgage pools, and portfolios of distressed assets. His experience includes successful outcomes for many complex underwriting, capitalization and asset management challenges. Blackbourn has been directly involved in real estate assets that include approximately 1.5 million square feet of improved office buildings, 2,500+ hotel rooms, residential communities comprised of 7,500+ approved dwelling units and several millions of square feet of commercial FAR land. He estimates that these investments have produced an aggregate, weighted internal rate of return in excess of 30 percent.

Mr. Blackbourn holds a Bachelor of Science degree from the University of Wisconsin-Madison and performed post-graduate work at the University of Wisconsin-Madison and Arizona State University. He is active in the Urban Land Institute as a member of a national product council and a past Chairman of the Arizona District Council, currently serving on its Executive Committee. He is a member of Lambda Alpha International and has served on numerous civic committees and boards. He is currently a Director of and active supporter of
Southwest Autism Research and Resource Center.

 

Suzanne Schulz
Executive Vice President, Financial Operations

Suzanne Schulz oversees the Company's income producing asset management. Her detailed and analytical approach to asset value creation comes from over 20 years of real estate experience in asset management, accounting and finance. At Everest, she was instrumental in the value creation of Crowne Plaza Phoenix, and she continues to manage the hospitality portfolio. Prior to her positions at Everest, she worked at the Phoenix-based investment firm of Pivotal Group where she supervised financial and asset management functions.

Ms Schulz graduated summa cum laude from Augsburg College in Minneapolis, MN and has completed graduate classes at ASU. She has served on, been involved in, and contributed to several civic and charitable organizations, including Fresh Start Women's Foundation, Urban Land Institute, and Southwest Autism Research and Resource Center. Her speaking engagements include professional gatherings hosted by Ernst & Young, where she was previously employed.

Ryan O'Donovan
Vice President, Land Banking Acquisitions

Ryan O’Donovan leads Everest’s land banking acquisitions and due diligence efforts. He oversees site selection, market analysis, business plan development, contract negotiations, and various Company relationships. Most recently, Mr. O’Donovan was a Senior Financial Analyst for Meritage Homes and was directly involved in the structuring and closing of more than $300 million in land bank and joint venture transactions. Prior to Meritage, he was a Vice President of Commercial Real Estate Finance with Comerica Bank.

Mr. O’Donovan graduated from Southern Methodist University with a bachelor’s degree in Finance. He is also an active member of the Homebuilders Association of Central Arizona and the Men’s Arts Council of the Phoenix Art Museum.

Ed DePinto
Vice President, Land Development

Ed DePinto joined Everest Holdings in February 2008 to supervise due diligence during acquisitions and to manage the assets throughout the development process such as budgeting, lot maintenance, verifying development completion and assisting with property tax reduction initiatives.

Ed graduated from Colorado State University with a Bachelor of Science degree in Construction Management. He has worked with 3 of the nation’s top home builders, constructing more than 15,000 lots in all the major municipalities in the Phoenix metropolitan area as well as several municipalities within Pinal County. His duties have included all aspects of managing the land development process from due diligence, processing plats and plans, budgeting, bidding, purchasing, field supervision and HOA & public report management. Projects have varied in size from smaller, semi-custom lot developments to large master plan developments. Some of the projects included golf courses, water parks, lakes, city parks, lift stations, waste water treatment plants, water campuses and various other major infrastructure improvements.

Prior to entering the homebuilder market, Ed worked as a project manager/contract administrator with AAA Landscape for 6 years (a commercial landscape contractor) where he developed many of the relationships with the homebuilders that he still enjoys today. Ed is also an active participant in the Homebuilders Association of Central Arizona. He supports Hospice of the Valley, the Leukemia Society , and the Susan G. Komen Breast Cancer Foundation .

Antonio Fungairino
Consultant

Mr. Fungairiño has approximately 12 years of hospitality operations experience with InterContinental Hotels and Resorts and Four Seasons Hotels and Resorts.  His areas of expertise include revenue management, capital projects, financial analysis and rooms operations.  He held executive committee level positions with InterContinental Hotels and Resorts both at the unit and regional level across several brands.  He also held several operations positions with the Four Seasons Hotel Houston, where he started his US career.   

Mr. Fungairiño graduated from Surrey University (England) in 1993 with a Bachelor of Science degree with Distinction in Hotel Management, receiving the best final year project award from Edwardian Hotels for a study in Yield Management.  He later received a Master’s degree in Hospitality Management from Cornell University (Ithaca, NY) in 1997.   Recently, he received a Six Sigma Black Belt certification from the American Society for Quality.  

He supports the Multiple Sclerosis Society.

Michael Gusich
Director, Commercial Property Acquisitions

Michael Gusich serves as Everest’s Director of Commercial Property Acquisitions. His responsibilities include the sourcing, underwriting, due diligence and closing of multifamily and other commercial real estate investments for Everest Holdings.  

Prior to joining Everest, Mike managed acquisitions for Alterra Capital Group in Miami, where he acquired 1,800 multifamily units over two years. His other experience includes the completion of 80 acquisitions for a Fortune 500 media and entertainment company and $1 billion of debt financings at Bear Stearns, both in New York.

Mike received an MBA from The Wharton School and BS from the University of Illinois, where he also played varsity football and earned Academic All-Big Ten honors.

Kelley D’Amato
Director, Operations

Kelley D’Amato joined Everest in 2004 to head operations for its residential funding business and has moved on to lead Everest’s day-to-day operations.

Prior to joining Everest, she spent eight years as an asset manager at Acacia Capital Corporation, where she managed $20 million in monthly lot sales, title and escrow compliance, Investment Committee reporting, homebuilder compliance, due diligence documentation, post-closing legal documentation, and critical-date tracking and compliance.

She is an Arizona native who attended Arizona State University. Professional licenses held through the course of her career include Arizona Real Estate Brokers License and NASD Series 6 License.

Ms. D’Amato supports the Arizona Humane Society and Arizona Pet Rescue.