Leadership
Our diverse portfolio of performing assets and our senior management team with an average of 28 years industry experience provide an uncommon level of multifamily expertise. That focus on multifamily housing has allowed our management team to develop outstanding skills, insights, and relationships over multiple real estate cycles.
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Dan Byrnes
Chief Executive Officer
Dan Byrnes is the Chief Executive Officer of Security Properties. He leads the Investment Committee and is a member of its Board of Managers. Mr. Byrnes has broad responsibility for strategic planning, growth, and the financial health of the organization. In addition, he is involved in all aspects of SP’s business units, including acquisitions, dispositions, asset management, development, private equity funds and property operations. Mr. Byrnes has completed over 150 transactions totaling $6 billion since joining Security Properties in 2012. He previously served as SP’s Chief Investment Officer, and, prior to that, its Managing Director of Conventional Investments.
Prior to joining Security Properties, he served as a Director of Investment Sales in HFF’s New York City office, where he completed over $4 billion of real estate transactions, spanning all major US markets and asset types.
Mr. Byrnes serves on the ULI Multifamily Blue Product Council and is a member of the Policy Advisory Board of the Fisher Center of Real Estate and Urban Economics at University of California, Berkeley.
Mr. Byrnes holds a Bachelor’s Degree in Economics-Operations Research from Columbia University and an MBA from the Haas School of Business at University of California, Berkeley.
Dan Byrnes
Chief Executive Officer
Dan Byrnes is the Chief Executive Officer of Security Properties. He leads the Investment Committee and is a member of its Board of Managers. Mr. Byrnes has broad responsibility for strategic planning, growth, and the financial health of the organization. In addition, he is involved in all aspects of SP’s business units, including acquisitions, dispositions, asset management, development, private equity funds and property operations. Mr. Byrnes has completed over 150 transactions totaling $6 billion since joining Security Properties in 2012. He previously served as SP’s Chief Investment Officer, and, prior to that, its Managing Director of Conventional Investments.
Prior to joining Security Properties, he served as a Director of Investment Sales in HFF’s New York City office, where he completed over $4 billion of real estate transactions, spanning all major US markets and asset types.
Mr. Byrnes serves on the ULI Multifamily Blue Product Council and is a member of the Policy Advisory Board of the Fisher Center of Real Estate and Urban Economics at University of California, Berkeley.
Mr. Byrnes holds a Bachelor’s Degree in Economics-Operations Research from Columbia University and an MBA from the Haas School of Business at University of California, Berkeley.
Jason McKinley
Chief Operating Officer
Jason McKinley is the
Chief Operating Officer of Security Properties. He is a member of
the Investment Committee and the Board of Managers. As COO,
Mr. McKinley is broadly responsible for the day-to-day operations
of both Security Properties and its portfolio, including oversight
of property management, asset management, accounting, tax, and
human resources.
In his former role of Managing Director of Asset Management, Mr.
McKinley was responsible for executing the business plan developed
for each property in the Security Properties portfolio, including
renovations, joint venture partner relations, implementation of new
technologies and systems, property management relationships, retail
leasing, and market and data analysis. He also had oversight
responsibility for IT, private capital, and corporate cash
forecasting and reporting.
Mr. McKinley has held a variety of positions at Security Properties
since joining in 2007. He started in the Affordable Housing Group
and later worked as Manager of Corporate Initiatives and Senior
Director of Corporate Finance. He has worked in Asset Management
since 2014, during which time he oversaw nearly 50 properties with
a total of more than 10,000 units, both conventional and
affordable. He holds a Bachelor of Science in Economics with a
concentration in Real Estate from the Wharton School at the
University of Pennsylvania and a Master’s in Real Estate from
Harvard’s Graduate School of Design.
John Marasco
Chief Development Officer
John Marasco is Security Properties’ Chief Development Officer and is responsible for all aspects of SP’s multifamily and commercial real estate development. He is a member of the Investment Committee and the Board of Managers. Mr. Marasco joined Security Properties in 1992 as a Development Project Manager. Having started his career in real estate with the largest land developer in the Pacific Northwest, Mr. Marasco’s particular expertise in land acquisition and development proved instrumental in establishing SP as one of Seattle’s leading development teams.
Under Mr. Marasco’s leadership, SP has expanded its development portfolio through responsible and sustainable buildings that reflect and reinforce the unique attributes of their neighborhood. From 2012 through 2019, SP has built and successfully delivered a pipeline of over 2,000 units at a capitalized cost of $1 billion. Mr. Marasco has expanded development capabilities to include office and light industrial. Moreover, his team has established a niche development strategy for urban mixed-use development with grocery-anchored retail with successful entitlement and development in cities such as Seattle, Portland, San Francisco, and Chicago. Mr. Marasco’s additional strengths include analysis, financial structuring, construction management, rehabilitation, asset turnaround, marketing, and sales.
Prior to joining Security Properties in 1992, he served as Acquisition Manager for a Seattle-area multifamily real estate syndication and development company. He has a Bachelor of Science degree from the University of Oregon and completed graduate courses at the University of Washington's Department of Civil Engineering. He maintains a Washington real estate broker's license and has received a University of Washington Certificate in Commercial Real Estate
Julie Driscoll
Chief Accounting Officer
Julie Driscoll is the Chief Accounting Officer at Security Properties where she oversees financial reporting and day to day accounting functions for a portfolio of assets over $5 Billion. Prior to joining Security Properties in 2006, Ms. Driscoll was part of the real estate finance team at Vulcan Real Estate. There she worked with joint venture reporting, project budgeting, commercial property management and a diversified south lake union real estate portfolio from pre-development through development stages. Ms. Driscoll began her career in public accounting with RSM McGladrey where she performed audits and prepared tax returns for a range of clients from the banking industry to Northwest fishing boats. She is a graduate of the University Of Washington Foster School Of Business with a Bachelor’s degree in Accounting.
Steve TeSelle
Managing Director, Affordable Housing Group
Steve TeSelle is a Managing Director on the Affordable Housing Team at Security Properties and a member of the Investment Committee and the Board of Managers. He focuses on the acquisition and development of affordable apartments nationwide utilizing a variety of joint venture equity and 4% and 9% low income housing tax credits. He is responsible for leading the acquisition process including overseeing initial underwriting and feasibility, contract negotiation, due diligence, financing and partnership structuring and closing.
Since joining Security Properties in 2007, Mr. Teselle has been involved in a wide variety of projects including GP interest acquisitions, LP interest acquisitions, note purchases, mixed use communities, acquisitions with institutional joint venture partners and 4% tax credit and tax exempt bond rehabilitations.
Davis Vaughn
Managing Director, Acquisitions
Davis Vaughn is a Managing
Director at Security Properties and leads the Acquisitions Team,
the number one buyer by volume of institutional apartments in the
Pacific Northwest. The team is focused on acquiring market rate
apartments in partnership with institutional equity in all west
coast metros plus Tennessee and Texas. Deal targets include core,
core-plus, value-add and opportunistic real estate. Has acquired
over 20,000 units with total capitalization above $5.0B in his
career.
He is also responsible for all capital raising with institutional
equity. This includes sourcing equity and joint venture structuring
and partnerships. Equity partners include insurance companies,
pension funds, international equity, private equity funds and high
net worth individuals. To date, he has placed approximately $2.0B
of institutional equity.
Of assets acquired, $2.3B have been sold resulting in $900M of
value creation and deal level returns averaging a 30% IRR with over
a 50% IRR for Security Properties.
Prior to joining Security Properties, Davis worked on institutional
debt and equity placement for Northwestern Mutual in their Seattle
real estate office. He graduated Cum Laude from the University of
Washington with a Bachelor’s Degree in Finance. He also has a
Commercial Real Estate Certificate from the University of
Washington.
Ed McGovern
Managing Director, Capital Markets
Ed McGovern joined Security Properties in 2009 and is the Managing Director of Capital Markets. He is a member of the Investment Committee. Mr. McGovern is responsible for raising private equity and debt from high net worth investors, institutions, and family offices to be invested alongside our partners and our own capital. To date, he has raised over $300 million of private capital to aid in the financing of more than 120 Security Properties assets worth over $3 billion. In addition, Mr. McGovern is involved in managing the firm’s branding and public relations strategy and is responsible for interactions with the media.
Mr. McGovern has over 20 years of finance and real estate experience involving high rise commercial development and real estate private equity. His career has involved both investment and disposition roles in office, hotel, retail, and multifamily real estate for both ground-up development and acquisition/rehab projects.
Prior to joining Security Properties in 2009, Mr. McGovern held real estate development and investment roles with Schnitzer Northwest and Bentall Kennedy, as well as positions in investment banking. He has been responsible for the development and leasing of over two million square feet of commercial real estate in the Pacific Northwest and the development of hotels throughout the U.S. He holds a Bachelor of Science in History from the U.S. Naval Academy, an MBA from Columbia University and a Certificate in Construction Management from the University of Washington. He currently serves as a Board Member and was a former Adjunct Professor for the University of Washington Department of Real Estate MSRE program. He has also been involved with the Puget Sound Regional and National Corporate Board of Directors for NAIOP.
Dorian Shapiro
Managing Director, Portfolio Management
Dorian Shapiro is the
Managing Director of Portfolio Management at Security Properties
and a member of the Investment Committee. In his capacity as
Managing Director, Mr Shapiro will be responsible for the company's
Asset Management, Construction Management, and day-to-day
operations of the fund business.
In his former role of Sr. Director of Asset Management, Mr. Shapiro
was responsible for day-to-day operations of SP’s fund management
business, including assisting in the structuring, marketing, and
raising of new discretionary funds. Security Properties has raised
and deployed six funds, which have invested in more than 20,000
units with a cost basis over $4.5 billion. Mr. Shapiro has over 12
years of institutional experience working as both a sponsor and an
equity partner.
Mr. Shapiro began his career at Alliant Capital underwriting
potential acquisitions while serving as portfolio analyst on Tax
Credit syndication funds. Prior to joining Security Properties in
2017, he served as Vice President, Asset Management at American
Realty Advisors, where he oversaw a portfolio of over 2,000
units.
Mr. Shapiro holds a Bachelor of Business Administration from Boston
University as well as a Masters of Construction Management from the
University of Southern California.
Tali Reiner
Managing Director, Property Management
Tali Reiner is a Managing
Director of Security Properties and President of Security
Properties Residential’s 28,000-unit nationwide portfolio. She is a
member of the Investment Committee and the Board of Managers. As
President of SPR, Ms. Reiner is responsible for all facets of
property management nationwide, focusing on operations, risk
management, and value creation.
In her previous role as Executive Vice President with SPR, Ms.
Reiner contributed to the strategic vision of SPR. She was
responsible for the successful day-to-day property management
operations, including oversight of key personnel decisions, company
culture, revenue performance, and strategic growth within target
markets. Over her career, Ms. Reiner has supervised a diverse
portfolio spanning 17 states, including lease-ups, value-add,
LIHTC/HUD, senior, mixed-use and conventional housing from garden
style, to mid and high-rise. With this experience, Ms. Reiner has
been instrumental in helping SPR and our partners through
successful lease ups, stabilization, acquisitions and
dispositions.
Ms. Reiner has been active in the multifamily housing industry
since 2005 and has maintained a Washington real estate broker
license since 2007. She is the President of the Washington
Multifamily Housing Association and a board member of Housing
Connector. Previously she was a member of the Washington State
Housing Finance Commission Advisory Board. Through her board
involvement, she has advocated in Washington, DC for thoughtful
housing policy and support of vital housing programs. Ms. Reiner is
a graduate of Randolph College where she received a Bachelor of
Arts degree in History.
Laurel Zacher
Vice President, Marketing & Customer Engagement
Laurel Zacher is Vice
President of Marketing & Customer Engagement at Security Properties
Residential (SPR). As a multifamily marketing strategist with over
25 years of real estate and media experience, she casts the
strategic vision for the organization's brand and reputation,
spearheading investment and property management marketing
programs.
With a deep understanding of customer needs, behaviors, and
outcomes, she strategically directs customer engagement across
various touchpoints to drive positive business results. Over the
course of her career, Ms. Zacher has demonstrated exemplary
leadership, guiding the strategic marketing direction for over
60,000 units across North America and Canada, spanning
conventional, affordable, mixed-use developments, and commercial
real estate.
Her expertise in both local and national markets, acquired while
Head of Marketing for NMHC Top 50 and regional owners before
joining SPR, cements her position as an authority in marketing
within the multifamily commercial real estate industry.
Ms. Zacher holds a Bachelor of Science in Business Management from
California State University, Long Beach. She sits on the Zillow
Rentals Advisory Board, the NMHC Marketing and Resident Experience
Committee, and the AIM Advisory Board. She frequently speaks at
national conferences, including NMHC OpTech, NAA Apartmentalize,
Zillow Connect, and the Apartment Innovation and Marketing
Conference (AIM).
Sarah Mitchell
Sr Director, Human Resources
Sarah Mitchell is the Senior Director of Human Resources for Security Properties. She joined SP in 2018 bringing over 13 years of experience in human resources and is responsible for full-cycle human resources encompassing policies/practices, staffing, compensation, talent acquisition, benefits, performance management, employee relations, employee recognition, and health and safety, and positively impacts company growth by connecting talent capabilities with business goals. Ms. Mitchell’s team supports over 750 team members in 12 states.
Ms. Mitchell holds a Master’s in Science degree in Psychology and is accredited by both the Human Resources Certification Institute as a Professional in Human Resources and the Society for Human Resource Management as a Senior Certified Professional. Recently, Ms. Mitchell achieved certification in Inclusive Workplace Culture and in Workplace Investigations. She also leads a DE&I Task Force that seeks new ways to engage and develop diversity, equity and inclusion in our organization.
Michael Nanney
Sr Director, Development
Mr. Nanney
Amy Baker
Sr Director, Accounting
Sarah Mitchell is the Senior Director of Human Resources for Security Properties. She joined SP in 2018 bringing over 13 years of experience in human resources and is responsible for full-cycle human resources encompassing policies/practices, staffing, compensation, talent acquisition, benefits, performance management, employee relations, employee recognition, and health and safety, and positively impacts company growth by connecting talent capabilities with business goals. Ms. Mitchell’s team supports over 750 team members in 12 states.
Ms. Mitchell holds a Master’s in Science degree in Psychology and is accredited by both the Human Resources Certification Institute as a Professional in Human Resources and the Society for Human Resource Management as a Senior Certified Professional. Recently, Ms. Mitchell achieved certification in Inclusive Workplace Culture and in Workplace Investigations. She also leads a DE&I Task Force that seeks new ways to engage and develop diversity, equity and inclusion in our organization.
Dorothy Denton
Sr Director, Tax
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Dorian Shapiro
Sr Director, Portfolio Management
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