Senior Executives
Joe Blackbourn, President and CEO
In 2002, Joe 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.
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