Mr. Walter R. Donaldson is Chief Executive Officer of The Donaldson Group, LLC, a Principal of TDG Capital Partners, LLC, and TDG Financial, LLC. Over his career, Walt has managed over 200 multifamily communities comprising over 75,000 units, has opened and leased-up 40 multifamily communities comprising over 11,500 units and has renovated over 65 communities comprising over 23,000 units.
Walt is a Certified Property Manager®, with over 35 years of experience in the commercial investment, real estate and property management industries. Walt is currently a member and active fellow in the Property Management Association of Maryland, District of Columbia, and Virginia (PMA) where he has held numerous offices and committee chairmanships, including having served as President. As a member of the PMA, Walt founded the PM Expo, which is a leading industry trade show, and has received numerous awards and commendations from the PMA, including the Alvin L. Sussman Award for Distinguished Service and Property Manager of the Year. Walt is also currently a member of the Institute of Real Estate Management (IREM®) where he has held numerous offices and committee chairmanships, including having served as President of the Maryland Chapter 92, and has received numerous awards and commendations from IREM, including the Hughes Award for Distinguished Service in 1979.
Prior to forming The Donaldson Group (TDG) in 1998, Walt was the Executive Vice President, Director of Commercial Property Management, and Director of Acquisitions at Grady Management, Inc. During his five year tenure at Grady, Walt made significant contributions to Grady’s commercial management and leasing operations, new property acquisition efforts and the restructuring, refinancing, and repositioning of numerous assets in the Grady portfolio. Prior to that, Walt was the Executive Vice President and Director of Property Management at Dreyfuss Brothers, Inc. Over his two decades at Dreyfuss, Walt served in virtually every conceivable capacity, starting in 1970 as Assistant Property Manager and culminating as Senior Vice President and Director of Property Management. During his time at Dreyfuss, Walt was instrumental in growing Dreyfuss’ portfolio from 2,500 units in 1970 to 32,500 units in 1990. Walt returned to Dreyfuss in 1996, following his five year tenure at Grady Management, whereupon he served as Executive Vice President and Director of Property Management.
Mr. Carlton E. Einsel is President of The Donaldson Group, a Principal of TDG Capital Partners, LLC, and TDG Financial, LLC. Carl is responsible for directing all operating companies of The Donaldson Group (TDG), directing all asset management services for the properties owned and/or managed by TDG, and directing the acquisition program of TDG Capital Partners. Carl’s experience includes multifamily acquisitions of over $1.5 billion, dispositions of over $1 billion and recapitalizations of over $300 million and assisting in management takeover of over 25,000 units.
Carl is a 1989 graduate of Fordham University, where he graduated first in his class and received a commission as a Second Lieutenant into the United States Army, and a 1992 graduate of New York University School of Law, where he was an Associate Editor of the Law Review.
Upon graduating law school, Carl was accepted into the U.S. Army’s Honors Program where he served as Assistant Counsel for Fiscal and International Law in the U.S. Army Corps of Engineers, advising clients regarding the application of federal appropriations law and authorizing legislation to military and Army civil works programs worldwide. When Carl’s service in the U.S. Army was completed, he accepted an associate position at the law firm of Cadwalader, Wickersham & Taft in New York where he advised clients on a wide range of securities, commodities, and over-the counter (OTC) derivatives matters, including regulatory and compliance issues and related transactional work.
Prior to joining TDG in early 2003, Carl was Vice President in Morgan Stanley’s Structured Credit Products Group in New York, where he was responsible for the execution of all synthetic credit product transactions. In this capacity, Carl assisted in the structuring, negotiation, and documentation of, among other products, static and managed synthetic collateralized debt obligations (CDO), single name and basket credit linked notes, unfunded credit default portfolio swaps, bond stripping, and asset repackaging.
Mr. Wendell L. “Mac” McConnell, Jr. is Chief Financial Officer of The Donaldson Group and President of TDG Financial, LLC, a full service accounting and financial management firm with particular emphasis on the commercial investment real estate industry. Mac oversees and directs all aspects of TDG Financial’s accounting and financial management services business and serves as an integral part of The Donaldson Group (TDG) management team and TDG Capital Partners acquisition team.
Mac has over 35 years of business and financial management experience, with distinguishing expertise in accounts receivable and the commercial investment real estate business. From 1970 to 1975, Mac was a Principal and systems analyst/manager at Hughes Computer Systems. While at Hughes, Mac created the first advanced accounts receivable system for the multifamily residential industry. In 1975, Hughes was sold to ADP for $70 million and Mac remained at ADP until 1980. In 1980, Mac joined Dreyfuss Brothers, Inc., which at the time was the largest third-party property fee manager on the east coast. Among his many other responsibilities at Dreyfuss, Mac designed, programmed, and installed advanced mini-computer systems to process multifamily residential resident receivables and vendor accounts payables at over 300 sites nationally.
In 1990 Mac became CEO and President of Financial Management Services, LLC, a highly respected accounting and financial management services firm headquartered in Bethesda, Maryland. At Financial Management Services, Mac directed a staff of 50 that managed over $300 million of cash assets and, among other responsibilities, oversaw a portfolio of approximately 50,000 bad debts having an estimated value of over $60 million and directed the design of a computer system to track and report the status of these accounts. Throughout his career, Mac has also been instrumental in formulating sophisticated commercial real estate investment strategies and financial models.
Mac also serves on the Board of Directors of Comprehensive Community Development, Inc., a non-profit corporation providing job and other training to low-income families, the Board of Directors of Neighborhood Payment Services, Inc., a company assisting apartment residents with bad credit, and the Advisory Committee of Transactis, Inc., an online billing service.
Mr. Scott Altman is Senior Vice President of Asset Management and Construction at The Donaldson Group (TDG). In his current capacity, Scott focuses on macro- and portfolio-level analysis of The Donaldson Group’s management portfolio, including financial, operational and physical needs of all TDG properties. Scott also oversees and directs all aspects of TDG’s construction management business and TDG Development. Scott also serves as an integral part of TDG Capital Partners acquisition team and directs all due diligence efforts on behalf of TDG and its clients.
Scott is a Certified Property Manager®, a Certified Commercial Investment Member, a 1994 graduate of Old Dominion University, where he received a Bachelor of Science, and a 1996 graduate of Virginia Commonwealth University, where he received a Master of Science.
Prior to becoming Senior Vice President of Asset Management, Scott served TDG as Senior Vice President and Director of Property and Construction Management, Senior Vice President and Director of Acquisitions and Construction Management, an earlier stint as Director of Property Management, and as a Regional Property Manager. In his role as Senior Vice President and Director of Property and Construction Management, Scott developed and implemented numerous new policies and procedures for TDG’s management efforts, managed over 18,000 units and over 500,000 square feet of Class A office space and was responsible for directing over $165,000,000 of renovation work at properties owned and/or managed by TDG. Scott also directed all of the due diligence efforts for TDG in connection with its clients’ acquisitions. Prior to joining TDG, Scott was a Commercial Property Manager and Assistant Property Manager for Park Center Management in Alexandria, Virginia.
Mr. John Majeski is Senior Vice President of Acquisitions and Business Development at The Donaldson Group (TDG). In his role as SVP of Acquisitions and Business Development, John is responsible for the acquisition, financing, and disposition of TDG’s principal transactions, assisting TDG management clients with acquisitions, and development of new client relationships, including both additional equity partner relationships and third party management relationships.
John has 16 years of multifamily real estate experience and has been involved in acquisitions, asset management, and dispositions throughout his career. John has overseen over 200 properties consisting of over 30,000 units and has been involved in over $1 billion of multifamily transactions. He is a 1993 graduate of James Madison University, where he received a Bachelor of Business Administration majoring in Management.
Prior to becoming Vice President at TDG, John was Principal of Majeski Group LLC where he provided multifamily consulting services for both market rate and affordable housing. Before that, he served as Vice President at AIMCO Capital, where he managed AIMCO’s Washington, D.C. office handling potential acquisitions, asset management, and dispositions for a portfolio of over 150 properties.
John has held positions at Apollo Housing Capital, JER Hudson Housing Capital, and National Corporation for Housing Partnerships (NHP) where he focused on acquisitions and underwriting, asset management, and dispositions.
Mr. Scott Jones is Senior Vice President of Property Management at The Donaldson Group (TDG). In this capacity, Scott oversees and directs all aspects of TDG’s property management business and operations. Scott is also responsible for developing and implementing TDG’s management policies and procedures, for both market rate and affordable business lines.
Scott holds numerous professional industry designations including NAHMA™-e, SHCM®, and HCCP. Scott is a licensed realtor in Maryland and currently serves on the Board of Directors of the Property Management Association of the Greater Washington Area. Scott is a graduate of the University of Montana.
Scott has over 36 years of multifamily management experience, managing both conventionally financed properties as well as every type of federally assisted housing. Scott began his career with CRICO Management Corporation working his way up to Vice President. After CRICO, Scott became Assistant Vice President / Division Manager at Dreyfuss Brothers, Inc. where he managed the former CRICO portfolio that had been sold to Dreyfuss along with numerous other properties. In 1990, Scott joined Edgewood Management Corporation as a Senior Vice President and during his 15 year tenure with Edgewood, Scott supervised diverse multifamily portfolios and was also responsible for the operations of all of Edgewood’s subsidiary departments, including Compliance, Administrative, Budget and Section 8 Contract Renewal, Contracts and Purchasing, and Edgewood’s Construction Management Division. Scott was also responsible for the operations of Edgewood’s Community Services Division, which provided programs for children, adults, and seniors at Edgewood’s communities. Scott then joined Landex Management Corporation as President and COO in 2006 and during his 2 1/2 year tenure with Landex, Scott was an integral part of doubling the size of Landex’s diverse portfolio ranging from public housing through Class A market rate communities. Scott then returned to Edgewood as President and CEO in August 2008. During this time at Edgewood, Scott managed over 180 apartment communities comprised of 25,500 apartment units, including market rate properties, properties financed with Low Income Housing Tax Credits, and affordable communities covering every type of federally assisted housing programs.
Ms. Jennifer Casey is Senior Vice President of Operations at The Donaldson Group, LLC (TDG). In this capacity, she directs and oversees TDG’s Operations division, focusing on macro and portfolio-level analysis of TDG’s Management Portfolio and the development and implementation of management and operations policies, procedures and best practices.
Jennifer holds her Accredited Residential Manager designation through the Institute of Real Estate Management (IREM), is a Licensed Property Manager in the District of Columbia and is National Compliance Professional Certified. She is a member of both IREM and the Property Management Association (PMA) of Maryland where she serves as an active committee member.
Jennifer began her career in 1995 as a Property Manager and since then has managed a total of 65 multifamily properties, comprised of over 25,000 units including garden style, high-rise, townhome and mixed use. Her experience covers conventional as well as tax credit properties, both owner and third party managed. She has a robust record of success in repositioning distressed assets, having directly managed and rehabilitated 24 properties.
Prior to joining The Donaldson Group in 2013 as Vice President of Operations, Jennifer was a Regional Manager for Harbor Group Management where she distinguished herself by innovatively designing and executing a consistent portfolio wide platform for Operations which enhanced property and company processes and procedures. Prior to her tenure with Harbor Group, she held managerial positions with Fairfield Residential, Sunrise Management and Harrison & Lear, where her focus was due diligence and acquisitions, training and employee development, formulating and implementing strategic business plans for business practices, comprehensive program analysis, and systems implementations in addition to her direct management of properties and portfolios.