Our Team
It's our passion to empower people to be secure, free, and generous. Our principals employ over 50 years of combined expertise in real estate, analysis, tax structuring, and wealth management to help investors experience this every day.
Managing Partners

David Fisher, CPA
Managing Partner

David Fisher, CPA
Managing Partner
David enjoyed a successful career in banking and finance for approximately 20 years. He began his career with KPMG in the Tax department. He worked in tax, treasury, and acquisitions for Wells Fargo for over 9 years. He was North American Head of Asset and Structured Finance for HSBC’s Investment Banking division from 2005 to 2012. David and his team executed international financings totaling in excess of $8 billion. David has been an active real estate investor for the past 15 years and has interests in over 50 partnerships and investments covering 27 states. David is now focused on the management success of ExchangeRight and Telos Capital, along with his other investment and civic interests. He graduated from the University of Northern Iowa in 1993, Magna Cum Laude in Accounting, and earned national honors with the Elijah Watt Sells Award on the May 1993 CPA exam.

Joshua Ungerecht
Managing Partner

Joshua Ungerecht
Managing Partner
Joshua currently serves as Managing Partner of Telos, CEO and Chief Investment Officer of JRW Investments, and Managing Partner of ExchangeRight. Since 2006 he has established JRW’s Due Diligence department as an industry leader in securitized real estate analysis. Together with Warren Thomas, Joshua has overseen the acquisition of over $1 billion in real estate since 2003. Joshua graduated from The Master’s College Summa Cum Laude with a B.A. in Theology, Apologetics, and Missions and is currently on leave from Talbot Graduate School, where he was pursuing an M.A. in Philosophy of Religion and Ethics. He also maintains Series 7, 22, 24, 63, 65, 66, and 79 Securities Licenses through Lighthouse Capital Group, LLC. Member FINRA/SiPC. Joshua also maintains a California real estate broker’s license.

Warren Thomas, CPA
Managing Partner

Warren Thomas, CPA
Managing Partner
Warren currently serves as Managing Partner of Telos, JRW Investments, and ExchangeRight. Prior to forming JRW Investments in 2003, Warren developed an extensive tax practice including estate planning, financial planning, and real estate advisory services. He has over 30 years of experience as a CPA and has been an active commercial real estate investor for the past 20 years. He graduated in 1978 from Biola University with a B.S. in Business Administration, specializing in Accounting. He also earned a master’s degree in Taxation from Golden Gate University in 1993. Additionally, he maintains Series 6, 7, 22, 24, 39, 63, 66, and 79 Securities Licenses through Lighthouse Capital Group, LLC. Member FINRA/SiPC. Warren also maintains a California insurance, real estate, and CPA license.
Key Management

Dave Van Steenis, CPA, CFA
Chief Financial Officer

Dave Van Steenis, CPA, CFA
Chief Financial Officer
David currently serves as Chief Financial Officer for Telos Capital, LLC and ExchangeRight Real Estate. He is focused on acquisitions and financial reporting for the Company. David began his career with KPMG in the financial services audit practice, where he served both private and public banking and investment management clients. Most recently, David was with Kaufman Jacobs Real Estate Investments were he was involved in the investment acquisition, capital markets, and financial reporting aspects of their real estate private equity business. Mr. Van Steenis graduated from Trinity Christian College with highest honors with a B.S. in Accounting and a Finance concentration. David is a CPA, a CFA Charterholder, and a member of the CFA Society of Iowa.

Susana Dryden
Chief Operating Officer

Susana Dryden
Chief Operating Officer
Susana serves as the Chief Operating Officer for ExchangeRight Real Estate, LLC. – She is focused on the development, training, and expansion of the firm’s departments. Susana also serves as a Registered Principal and the Chief Compliance Officer for ExchangeRight Securities, LLC a FINRA member Broker Dealer, that oversees the wholesale activities of ExchangeRight Real Estate. Susana began her career in the industry in 2007 with JRW Investments, Inc. In 2014, she was primarily responsible for forming the Broker Dealer, Lighthouse Capital Group, LLC which now oversee, JRW Investments. She serves as a Registered Principal and CCO of these firms as well. Susana has been critical to the growth and development of the issuer and other affiliate firms, and ensures the various companies operate in compliance with the regulations instituted by FINRA and the SEC.

Louis Swingrover
Executive Vice President

Louis Swingrover
Executive Vice President
Louis Swingrover serves as the Executive Vice President of ExchangeRight Real Estate, LLC. - He focuses on strategic business development in general and directly oversees the marketing, creative, editorial, PR, software development, IT, sales support, and investor relations teams. He has over 17 years of experience in the commercial real estate industry and lives in Idaho with his wife and four children.

Kevin Steines, CPA
Chief Accounting Officer

Kevin Steines, CPA
Chief Accounting Officer
Kevin currently serves as Chief Accounting Officer for Telos Capital and ExchangeRight Real Estate, LLC. He is focused on the financial reporting for the Company. Prior to joining ExchangeRight, Kevin enjoyed a successful career in public accounting. He started his career at Gabelmann & Associates in their audit practice. Most recently, Kevin spent seven years with Honkamp Krueger & Co, P.C., a regional CPA firm based out of Dubuque, IA. Mr. Steines oversaw the day-to-day operations of the accounting and tax practice for one of Honkamp Krueger’s satellite offices. His focus was on corporate and individual tax planning and preparation, financial statement preparation, general business consulting, strategic planning, and franchise services. He graduated in 2006 from Ashford University with a B.S. in Business Administration and Accounting with a Finance concentration, where he was awarded Outstanding Accounting Student for his class. Kevin is a CPA.
Asset Management

Roger Taylor
Director of Asset Management

Kelly Ann Pepin
Asset Manager

Meryl Phay
AM Operations Team Lead

Janna Grigoryan
Senior Facilities Coordinator

Sharlene Francis
Tax & Insurance Coordinator

Maureen Little
Facilities Coordinator

Sara Seaman
Asset Manager

Josh Delo
Asset Manager

Malerie Bondy
CAM Reimbursement Coordinator

Ryan Jack
Financial Analyst

Renee Esguerra
Real Estate Coordinator

Kevin Tenkman
Facilities Coordinator
Accounting

Carrie Garcia
Assistant Controller

Leah Frink
Senior Accountant

Karina Overgaard
Senior Accountant

Aileen Frias
Senior Accountant

Tony Waechter
Senior Accountant

Marisa Title
Senior Accountant

Wesley La Velle
Senior Accountant

Juliet Melikian
Staff Accountant

Dean Miller
Staff Accountant

Hong Cun
Staff Accountant

Isiah Sanchez
Staff Accountant
Acquisitions & Legal

Jennifer Chase
Director of Acquisitions

Antoinette Baca
Acquisitions Coordinator

Kat Ju
Real Estate Contract Admin

Stephanie Lee
Executive Assistant to Legal Counsel

Pateel Ashjian
Corporate Counsel
Investment Analysis

William Spencer
Sr. Investment Analyst

Aaron Bush
Analyst

Bi Soohoo
Analyst

Drake Moser
Analyst
Broker Dealer Relations

Geoffrey D. Flahardy
Director of National Accounts

Weldon Evans
National Sales Director

David Flamm
Vice President

Beth Veloz
Senior Vice President

David McCurdy
Senior Vice President

Danny Carmona
Senior Vice President

Larry Baron
Vice President

Scott Peterman
Vice President

Leo Peters
Senior Vice President

Zach Plahn
Vice President
Operations

Christie Burrow
Operations Manager

Casey Koestner
Executive Assistant

Mary Lynn Deagon
Systems & Projects Manager

Abby Baghdasarian
Executive Assistant

Laya Rashidi
Executive Assistant

Angie Galgocz-Deak
Team Resource Manager

Joanna Ku
Administrative Assistant

Jenifer Mulcahy
Office Manager
Investor Relations

Janessa De La Riva
Investor Relations

Shannon Bailey
Investor Relations

Jacqueline Solorzano
Investor Relations

Riley Blindt
Investor Relations
Communications

Rafael Polendo
Creative Director

Matthew Anderson
Senior Graphic Designer
IT and Development

Vance Lanoy
Systems Administrator

Peter Farley
IT Support