Stan went from being a CPA, to a real estate entrepreneur known per the LA Times as the “Garbage Man” by making broken projects into valuable properties and using these skills, organized DDRM as a luxury hospitality/residential developer. Prior to DDRM he performed the following:

IDEAL HOMES | CEO. In 1979 when interest rates were over 20% and real estate was not selling, Stan Castleton left Arthur Andersen & Co. to become the CFO of Ideal Homes Corporation, a troubled small home builder in Scottsdale, AZ with a large inventory in 3 different projects and no sales. He was made CEO and set in place a turnaround process that eventually sold 86 homes in a single-day event with a then very popular Chevrolet Chevette in each garage. This paid all the debt and Stan sold the company on behalf of the owner to a local builder a few months later. To our knowledge, this was the first time this cross-branding method was used.

CD INVESTMENT COMPANY–$2 BILLION PORTFOLIO | Owner and Development Manager. In 1984 this large builder with 22 major properties in California (Pages 19 and 21) became troubled and was threatening bankruptcy. Kenneth Leventhal, the real estate workout guru of this era, approached Stan and they worked to put the restructure partnership together with Stan’s NYC partner, Bill Dobrowolski in 1984. It was followed a year later with an LBO of the remaining properties.

BEAUDRY CENTRE | Owner and Development Manager. This 1 million square foot unfinished class B office building in downtown Los Angeles was part of the Portfolio restructure. This property was completed, leased to Security Pacific National Bank on a master lease, and sold for a $100 million profit within 9 months after the closing of the restructure. This transaction was the foundation of DDRM. Most of the remaining properties were developed, redeveloped and sold over the ensuing decade.

Marty is an internationally-respected development and project management professional specializing in the luxury mixed-use residential and hospitality sector. His core focus is the delivery of new developments, historic redevelopments, conversions and renovation on marquee branded and non-branded projects.

Marty us is one of a small handful of people in the world with the experience delivering these complex products. But the ability to deliver the entire “concept to keys” on time and on budget, his talent for assembling the right project delivery team, and his record of incredibly low or no final contractor claims all truly set him apart from others in the industry.

BREEN GROUP INCORPORATION | CEO—where he managed several projects from 2015 to 2018 when he joined DDRM. ( See experience Section).

CUMMING CORPORATION | Executive Vice President 2008 to 2015—where he directed its Hospitality Sector Project Management Group which managed and consulted on scores of relevant projects as identified later in this document. He was the Program Manager for Marriott Corporation on the Edition Hotel Renovations in Manhattan, London and Miami. He reported directly to Marriott’s COO in this problem-solving effort in dealing with Marriott’s partner, Ian Schrager.

MARRIOTT VACATIONS WORLDWIDE | Regional Vice President of Real Estate Development 1999 to 2008—where he directed the $3 billion portfolio of development in the Western United States including profitable timeshare projects and the luxurious Ritz Carlton Residence Clubs.

THE KOLL COMPANY | Project Executive Prior to 1999—managed several projects on various levels for the Koll Company as a contractor and in an ownership role. Koll became a very active resort developer in the 1990s.

Prior to joining DDRM in 2004, Mr. Kelly was an associate at Cornerstone Capital Advisors, a boutique real estate investment bank largely specializing in resorts, hotels, and other hospitality-related projects. He also brings to the organization deep financial and strategic experience from his previous experience with the Global Restructuring Group of UBS Warburg, an international securities and investment banking firm. Prior to UBS, he worked as an Analyst with Bel Air Investment Advisors based in Los Angeles, which actively managed and advised approximately $4.5 billion of client assets for ultra high net-worth families and institutions (including M&A decisions and valuation, strategic asset allocation, and deployment of discretionary capital in public equities and fixed income securities, as well as illiquid private equity investment vehicles). Mr. Kelly is primarily responsible for day-to-day executive management, staffing oversight, project and portfolio financing, and deal structuring. He was the project finance manager for the St. Regis Deer Valley, a project with total capitalization of $330 million. Ryan has also raised capital, acquired, and re-positioned 2,000 multi-family units in California, Arizona, and Texas, with realized total returns at or above 20%. He has also raised equity and debt for the acquisition, development, or re-capitalization of approximately 7 million square feet of industrial and office assets. He earned his BA from Brigham Young University and his MBA from the Stanford Graduate School of Business.

Roger is a finance executive with more than 20 years of professional experience leading business reporting, development analysis, and operations for Ernest & Young, Kimpton Hotels & Restaurants, Kaiser Permanente, and DDRM Partners with a focus on real estate and hospitality assets. Currently he is leading financial reporting to investors and owners, cash flow planning, and complex risk management for the organization and its affiliates. His previous experience at Kaiser included managing and leading financial reporting, regulatory reporting, systems implementation, and emergency response coordination. Prior to that Roger managed the financial reporting, cash flow projections, project cost reporting, fund reporting, and systems implementation at Kimpton. These roles included 20+ developments at various stages located throughout the United States. He also managed full-cycle financial statement audit engagements with Ernest & Young for clients in the real estate, hospitality, and financial sectors. Roger holds a BS in Accounting and an MBA from Southern Utah University.

David brings a broad understanding of branded hotels and residential product to the DDRM Companies. A third-generation developer, David was raised in his father’s hotels and residential projects and would regularly tag along to construction sites. David has been with DDRM on and off for the past 17 years working under some of the best project managers in the business. Starting as an assistant project manager, David ended up overseeing the sales and marketing for the St. Regis Deer Valley project and successfully closed all but one sale, even when the Great Recession was in full force. He is literally a jack of all trades in hotel and high end, high residential development. He has a BS in Communications from Cal. State Fullerton.

Kate doesn’t take the place of project interior designers, but rather helps select the firms and then oversees the process. She keeps everyone focused, calm, and the egos in check. Many of our projects have had additional design firms that focused on spas, restaurants, and other specialty areas, and she coordinates the design with them. She has a diverse background in design and construction documentation in a wide range of project types including hospitality, performing arts, academic facilities, residential, historic, and religious buildings. This wide background has served DDRM well in their unique development history. Her varied background enables her to provide seamless space-to-space progressions (indoors and outdoors) in a hospitality environment that are engaging and uniquely fit the needs of each project. Prior to working with DDRM, Kate worked for more than ten years in Los Angeles, CA for a nationally recognized and highly awarded architectural design firm on projects both in the US and overseas. Kate graduated from the Fashion Institute of Design and Merchandising in Los Angeles with a degree in Interior Design and later returned to teach there.

Alan brings more than 30 years of experience as an onsite project director and manager and has successfully delivered highly complex development and construction projects in the USA and the UK. He has worked on several of the projects with Marty Breen. Alan specializes in leading large and complex hospitality projects over $500 million in construction value. With deep experience in the development of luxury hotels, luxury condominiums, and high quality branded residential projects, and has worked with many incredibly talented architects, interior designers, engineers, contractors, and subcontractors. He fully understands the importance of maintaining appropriate project controls, with the timely processing of submittals, RFI’s, applications for payment, contract management, change management, budget management, schedule management, and project reporting. Alan is currently directing DDRM’s Jackson Hole onsite project team.

Peter offers over 24 years of construction management experience delivering highly complex ultra-luxury condominium and single-family residences within the resort communities of the Vail Valley, CO, and Park City, UT. Originally born in the US, Peter’s family left the country due to his father’s work commitments when he was less than a year old. He spent 3.5 years in Thailand before settling in Nelson, New Zealand. He returned to the US in 1997, landing in Vail, CO where he was introduced to the luxury resort construction management industry. Peter is experienced working as part of a team or individually throughout his career. Peter is approachable and has a great communication skills with clients and contractors alike. His design background has given him an eye for detail that has served him well in the ultra-luxury residential construction management industry.

Ting is a highly experienced assistant construction and project control management professional, and has completed a variety of ground-up and major renovation assets throughout the life cycle. A number of these projects have been done in coordination with Marty Breen. She brings to the DDRM team an advanced problem-solving and analytical skillset, with a keen attention to detail. Ting is also a leader in adapting new technologies and applications to maximize project efficiency and performance, which is also critical in daily coordination with all project stakeholders, including the design team, general contractor, and owners. Her specific responsibilities include construction management, owner/client liaison, project controls and documentation, OAC meeting management, payment application review, and lien release tracking, schedule and change order management, quality control, and project close-out. Ting holds an MS in accounting from London South Bank University, a BA in Business Administration from University of Greenwich, and an ACCA affiliation, Kaplan Financial, London.