Kevin Howat, President

Kevin Howat formed 2911 Property Management LLC in 2012 to provide property management and asset management for privately organized real estate investment groups, including those sponsored by Wildamere Capital Management, LLC.  Mr. Howat offers these groups over 25 years of operational and strategic planning experience in institutional and entrepreneurial real estate investment companies. Examples of assets served by 2911 are the Oracle/International Center towers in downtown Minneapolis, Southdale Office Center in Edina, 1,300 apartment and senior housing units in Michigan, Ohio and Florida, and over a dozen light industrial warehouse buildings located in Minnesota, Michigan, and Indiana. Institutional investors involved in these projects include Investcorp, DRA Advisors, CNL Financial Group, The Family Office, and Olympus Ventures.

Mr. Howat sold his interest in New Life Multi-Family Management, LLC (“NLMM”) in 2011 where he served as Vice President for NLMM and its affiliated companies since 2002.  He was responsible for overseeing asset management, acquisition and financing analysis, accounting, human resources, risk management, and implementation of procedures and systems for property operations.  NLMM and its related companies are privately-held owner-operators of class C and B apartments, specializing in revitalizing poorly maintained or managed assets.  During Mr. Howat’s tenure, the companies have acquired, re-positioned and disposed of over 10,000 units in Texas, Minnesota, Arizona, California, Iowa, Ohio, Michigan and Tennessee.

Prior to joining New Life, Mr. Howat spent two years as a Senior Vice President with Fortress Investment Group, sponsors of private real estate opportunity funds with over $2 billion in assets in Europe and the U.S.  He was responsible for developing reporting and asset management procedures for the U.S. commercial real estate portfolios, and supervised the placement of Fortress’s property, liability and corporate insurance coverage. 

Between 1996 and 2000, Mr. Howat was the Manager of Real Estate Consulting for Insight Associates of Dallas, where he managed or advised client staff on asset management, construction management, and valuation projects for such clients as Lone Star Funds, Hudson Advisors, LP, Paragon REIT, Vista Properties (Centex), Hillwood Development (Ross Perot, Jr.), RMB Realty (Robert Bass), and CB Richard Ellis. 

From 1989 to 1996, Mr. Howat was a Senior Asset Manager for Brazos Asset Management and its predecessor (American Real Estate Group) assisting in resolving the $15 billion American Savings and Loan troubled asset portfolio.  At these companies, Mr. Howat developed and implemented strategic plans for over 100 properties covering all product types and often addressing difficult legal, environmental, or rehabilitation issues.  Both Brazos Asset Management and American Real Estate Group were investment subsidiaries of RMB Realty. 

Between 1981 and 1989, Mr. Howat worked as an asset manager, special projects manager, or corporate secretary for several regional and national syndication and development companies including National Western Capital, USA Properties Fund, and Shearson/American Express.  

Mr. Howat holds a Bachelor of Arts degree in Business Administration from Lewis and Clark College (Portland, OR).  He has four children and resides with his wife in Bloomington, Minnesota. 

 

Serine Gann, Controller

Serine Gann has a Master of Science degree in Accounting from the University of North Texas and over 30 years of real estate accounting experience.  Ms. Gann has overseen accounting for commercial and multifamily portfolios in both third-party management and private owner environments.  Ms. Gann’s activities have also extended to coordinating accounting and asset management system conversions, managing company-wide information technology, and conducting forensic accounting analysis for property acquisitions.

Prior to joining 2911 Property Management in 2012, Ms. Gann spent the previous ten years with New Life Multi-Family Management, LLC., a privately-held apartment owner-operator.  Initially joining New Life in Dallas as the Accounting Manager, Ms. Gann was promoted to Controller and oversaw the corporate office move to Minneapolis in 2008.  Her responsibilities for this private owner-operator included managing a corporate staff of eight and overseeing all aspects of accounting, owner and lender reporting for 16 apartment communities in four states (7,000 units), two management subsidiaries, and one special services company.

Prior to joining New Life, Ms. Gann spent five years as the Accounting Manager for Simbol Commercial, a privately-held commercial Dallas real estate firm. She was responsible for management of the corporate office including all aspects of accounting, cash management for the real estate portfolio, and facilitation of acquisitions, dispositions, and refinancing.   

From 1992 to 1997, Ms. Gann was a Senior Development Accountant for Mady Development, a privately-held single-family home builder based in Dallas. She was responsible for financial statement preparation, accounting system conversions, and design and maintenance of custom cost reports.

Ms. Gann began her career at Bradford Management Company in 1982 as a staff accountant for the third-party division. She was promoted to Accounting Supervisor in 1988 and was responsible for recruitment and management of staff accountants, third-party client relations, audit management, and accounting policy and procedure compliance. 

Ms. Gann resides in Bloomington, Minnesota and aspires to be a zip-liner.