SHENANDOAH HOMES TEAM
David Stallings, President of Shenandoah Homes, started his career in 1999 as an investment banking analyst at Townsend Frew and Company, a regional healthcare focused investment banking firm specializing in mergers and acquisitions, capital raising and strategic analysis for medium sized healthcare companies. After investment banking, David started Low Country Imports, a wine brand and vineyard business that purchased vineyards and grapes in 7 different countries and created wine brands that ultimately sold in 25 states within the U.S. Low Country Imports grew to sell over 100,000 cases per year among 12 different wine brands and owns vineyards in the Williamette Valley of Oregon. During this time, he started purchasing real estate as an owner/occupant and leasing additional space to separate tenants. When Low Country Imports was sold in 2009 David decided to focus on real estate and so began Capital Properties. He started making investments in 2001, but truly gained momentum in 2011. As the owner of Capital Properties, David has made 25 debt and asset acquisitions totaling over $45 million in acquisition cost. Today, the company is thriving in a bettering market. With over 1500 single family residential lots in various stages of development, 200,000 square feet of flex, office and retail commercial property and the development of 500 apartment units, Capital Properties is well positioned for the current real estate cycle.
David has a BSBA in Business from the University of North Carolina at Chapel Hill as well as a Masters in Accounting from the University of North Carolina at Chapel Hill’s Kenan-Flagler Business School.
Wayne Koluch, Vice President of Operations, has been in the construction industry for many years. After graduating from college he moved to North Carolina where he gained broad experience and success in many construction disciplines. Wayne has managed the land development activities of several communities for residential home construction. As area construction manager he worked alongside residential area sales managers to meet annual sales objectives and new home closing goals. He also was the sales manager for a local realty company. As a superintendent, project manager, and area construction manager, Wayne and his teams have built over 2000 homes and won JD Power & Associates Builder of the Year. As the owner’s representative of a national home builder, he oversaw the construction of a 35,000 sq. ft. clubhouse and amenity for an active adult community. As a partner in a local general contracting company, he built custom homes, oversaw remodeling and commercial up-fits, and managed land development activities.
Wayne enjoys spending time with his family and playing the drums. He graduated from Bowling Green State University with a B.S. in Construction Management. He is licensed in North Carolina as a Building Contractor and a Real Estate Broker.
Mark Ward, Vice President of Sales and Marketing, has over 30 years of experience in various aspects of real estate sales and marketing. In his career he has managed the development of projects both independently and with major real estate firms in the Raleigh/Research Triangle area. Mark got his start in real estate with The Adams Bilt Company, a large Raleigh-based developer of residential and commercial property, learning all aspects of the industry. He launched his own successful real estate brokerage and management company in 2001. In 2003 his team began to invest in residential properties and added new home construction and residential land development to the business. In 2007, Mark joined forces with new partners and focused on home building. For the last seven years he has been managing partner, overseeing the sales team, marketing department and customer relations for a local home building company with 250 plus annual new home sales with revenues exceeding $100 million. His team continually exceeded yearly sales goals and were the recipients of numerous awards for sales and marketing excellence from the Wake County HBA, the Triangle Sales and Marketing Council and many others.
Mark served in the United States Marine Corp and is a graduate of North Carolina State University. He holds his North Carolina Real Estate license and is the Broker in Charge at Shenandoah Homes.
Alex Crow, Director of Land Acquisition, started a commercial real estate career in 2002 in Wilmington, NC. New to the business as a commercial real estate broker he worked on several different types of transactions including warehouse, flex space, dry stack marinas, wet slip marinas and land acquisition and disposition. In 2004 Alex went out on his own as a real estate broker and began working for several residential developers as a land acquisition specialist. During this time Alex became licensed in NC, SC, and GA finding properties for all types of residential communities. In 2013 he moved to Raleigh continuing as a broker finding properties for national home builders in the Triangle market. Later that year after identifying several opportunities in the market, Alex began to work for Capital Properties acquiring and entitling land positions in Cary, Apex and Raleigh. Since joining Mr. Stallings and Capital Properties the business has expanded into the home building business as Shenandoah Homes where he continues to acquire land for residential development.
Mr. Crow graduated in 1998 from Southern Methodist University with a Bachelor of Science degree in International Economics and Financial Application.
Dina Bakatsias, Controller at Shenandoah Homes, has over 7 years of experience in managing accounting, treasury, payables and credit functions. Dina began her accounting career with Giorgio’s Hospitality group where she was responsible for weekly food-cost percentage and all financial reporting for senior management along with maintaining all payables, receivables and payroll. In 2010 she chose to start a new path in the home building industry with a local home builder. It was a start-up company building about 150 homes a year in the Triangle area. During her early years with the home builder she was responsible for managing the accounts payable and receivables, assisting with outside audits and performing monthly reconciliations. As the company grew from 150 homes to 250-300 homes a year, her duties also expanded with the company. As controller Dina began preparing cash flow projections, maintaining banking relationships, establishing credit lines, preparing journal entries for period ending, and reviewing financial statements. She is looking forward to using her experience to help establish Shenandoah Homes in home building industry. Dina graduated with a Business degree from East Carolina University.
Andy Beck, Land Development Project Manager, was born and raised in the Raleigh area. Andy attended East Carolina University in Greenville, NC and graduated with a B.S. in Industrial Technology concentrating on Construction Management. Since graduating he has worked in both commercial and residential construction as a field superintendent where he successfully completed numerous projects and homes. During his career he has managed over 15 beautiful neighborhoods from preliminary engineering through completion which included community amenities, such as clubhouses, swimming pools, playgrounds and nature trails. Andy’s desire has always been to be involved with land development specifically focusing on the installation of public/private infrastructure. He also hold a NC Contractors License, CPR certification, OSHA 50Hr certification and SCUBA license.
Jeff Palmer, Land Development Project Manager, has experience in developing residential subdivisions, gated-communities, golf course and townhome projects in the San Francisco Bay, Silicon Valley, Southern California, Chicago suburb and Raleigh areas. He gained his vast experience with land development and acquisitions through working with both large national builders and small locally owned builders.
Jeff holds a Civil Engineering degree from U.C. Berkeley and an MBA from the University of Chicago.
Karla Carson, Director of Sales and Marketing for Shenandoah Homes, started her real estate career at Carolantic Realty/NIA as marketing support to the leading commercial real estate agent in the Raleigh-Durham area in property and building sales and leasing. She assisted in working directly with clients by making initial contact, assessing their needs, showing property and negotiating terms of the lease or sale contract. During her time at Carolantic, Karla gained valuable experience in marketing a wide range of real estate product. In 2013 she transitioned into the home building industry where she became the marketing director for the largest locally owned home builder in the Triangle area, building in eight communities in the Raleigh area and six communities in Wilmington. Karla was responsible for developing and implementing all aspects of the strategic marketing plan. Most recently she managed the process of designing the marketing concept and campaign from inception for a new 500 home community. At Shenandoah Homes she looks forward to using her experience and industry contacts to help grow the company into a leader in the home building industry. She is an active member of the Triangle Sales and Marketing Council, HBA of Raleigh/Wake County, Johnston County Building Industry Association and Apex Chamber of Commerce. Karla has a bachelor’s degree in Applied Life Science from the University of Illinois and a North Carolina Real Estate license.
Alan Mooring, Director of Purchasing, has more than 15 years of hands on experience within the residential home building industry which includes nearly 11 years’ experience with two of the top three national home builders. Alan started at an early age working in the residential construction industry, repairing and prepping rental properties along with new construction homes. From there he enjoyed creating something that would become a home for families and memories those homes would make.
During his career Alan has led all aspects of purchasing, contract negotiations, estimating, architecture and operations. Starting with hands on field supervisory rolls learning the skills needed to run the internal operations, both on a divisional level and a national level. His experience has involved being a member of national and regional committee’s directing supply chains with national builders, working with worldwide manufacturing companies to ensure market level divisions receive materials and market presence and implementation of proprietary computer software. Alan also lead in the creation of a an IT system to track home building costs, schedules and P&L, most recently utilizing all of these abilities for a startup home building. Some positions Alan has held include Estimator, Chief Estimator, Operations Manager and Southeast Area Supply Chain Committee Chair for a national home builder.
Alan Mooring holds a Bachelor of Science degree from East Carolina University in Construction Management and holds a Green Builder Certification.
Sean Fisher, Purchasing Agent, began his decent into real estate at William Douglas Management where he was a Commercial/Residential Community Manager. Sean worked at the direction of the Board of Directors to maintain the assets of each homeowners association. Sean provided accurate and conservative annual budgets to ensure a positive cash flow, while allowing the associations to properly fund capital reserve accounts. Sean provided his clients with accurate monthly financial statements of all debits/credits and bank statements. He has chaired several hundred meetings in accordance with Robert’s Rules of Order and also helped to interpret and write homeowners association bylaws and covenants. Sean has managed contracts for landscaping, roofing, clubhouse/swimming pool, utilities, and emergency restoration. When he departed William Douglas Management for Shenandoah Homes, he managed over ten thousand addresses generating over $30,000 in monthly revenue. Sean graduated with a bachelor’s degree in Business from North Carolina State University.
Chianne Capel, Closing Coordinator, brings over 15 years of diverse real estate experience to Shenandoah Homes. Starting her career in Hot Springs, Arkansas in leasing and property management, Chianne managed sales and leasing, rental receipts and accounting and all aspects of property maintenance for Lake Hamilton Realty. Handling the day to day maintenance and customer service administration for the more than 125 single family home properties under management each year, taught Chianne exceptional people skills and patience. With her extensive customer service background, years of sales experience and strong organizational skills, Chianne is a natural in her position with Shenandoah Homes. Chianne is a graduate of National Park Community College, Arkansas and currently holds Real Estate Brokers Licenses in North Carolina and Arkansas.
Danielle Tricario, Accounting Clerk for Shenandoah Homes. Growing up in the suburbs of New York City, she brings that New York hustle to work every day. She obtained a bachelor’s degree in Accounting, Internal Audit and Business Management from Pace University through hard work and dedication. She recently relocated to the Raleigh area to be closer to family and is excited for all the new opportunities it will bring. In New York Danielle held an accounting position specializing in taxation at a CPA firm. This is her first position in the home building industry and she is eager to learn as much as she can about this diverse industry. Her hard work and tenacity make her a great fit for the Shenandoah team and will contribute to the continued success of the company as it grows alongside her career.
Chris Pridgen, Senior Project Manager at Shenandoah Homes, has 20 years experience in residential home building, customer service, and operations. While pursuing his construction and industrial technology degree he was offered and accepted a superintendent position with one of the largest national home builders in the country. He started his career with a national builder in their Raleigh division in 1996 where he excelled for 7 years building single family homes, multi-family homes and luxury townhomes. Subsequently, he has built many different product types and price points for other large home builders. Some positions Chris has held include Warranty Manager, Project Manager and Area Construction Manager. One of his most significant accomplishments is his outstanding reputation and relationships with contractors, real estate agents, home buyers, local municipalities and code officials. He is extremely excited to join the Shenandoah team and looks forward to contributing to the future growth of the company.
Project Manager Team