Our Leadership Team has over 80 years of combined real estate investing experience and have raised, acquired, developed, redeveloped and managed over $500 million of real estate and real estate backed assets over their respective careers. Experiencing first hand and learning from the booming economy of the mid to late 1990’s and facing head on and overcoming challenges during and after the 2008 recession. Their past experiences play a huge role in shaping our current investment strategy in today’s economic climate.
Our company’s workforce and affordable housing investment strategy, vertically integrated in-house, asset management structure and seasoned leadership team allows us to not only weather most economic cycles but continue to thrive and expand while adding value to a much needed, underserved sector of the market, controlling all aspects of our business in-house and generating superior rates of return.
Founder & Managing Partner
Ron Lockhart is the Founder of GSP REI and serves as the Company’s Managing Partner. His chief responsibilities include strategic planning and oversight of the company’s vision. Mr. Lockhart overseas and works to streamline the company’s operations in both real property and mortgage acquisitions, as well as project and property management.
Mr. Lockhart brings over 20 years of combined real estate investing experience to the company. Prior to founding GSP REI, Mr. Lockhart was President of LaSalle Properties One a regional real estate consulting firm that focused on assisting companies and institutions with the execution of their real estate acquisition, development, management and finance goals. While at LaSalle Properties One, Mr. Lockhart developed an end to end in house solution for clients that included planning, construction, asset and property management. One of LaSalle Properties One’s key initiatives was to invest alongside its clients in growth areas where there was an under supply of rental housing. Prior to LaSalle Properties One, Mr. Lockhart founded Lockhart Building and Investment Company which specialized in the construction and redevelopment of real estate in the Mid-Atlantic region. Mr. Lockhart has been directly involved with the investment, development and construction of single family, multifamily and mixed use real estate since graduating from Washington College in 1996.
Mr. Lockhart and his family are avid dog lovers and personally own two GSP’s, Bodhi and Utah.
Strategic Partnership with Anders Capital Group
In this role, Mr. Carroll manages the entire note purchasing cycle including acquisitions, loan workouts and modifications, foreclosure and disposition and pricing. Mr. Carroll maintains key relationships with a network of Government Sponsored Enterprises, Financial Institutions, trade desk and other note and REO sellers.
Mr. Carroll is the President of Anders Capital Group, LLC - a real estate investment firm created to assist non-profit housing organizations efficiently and profitably navigate the non-profit opportunities offered them through Fannie Mae, HUD/FHA, and CRA programs. Anders works side by side with non-profits, raising capital, underwriting acquisitions, and developing income producing business. The company currently has around $60MM of institutional, family office and private money under management. Prior to Anders Capital Group, Mr. Carroll served as Executive Vice President and co-founder of BridgeBilt, a San Diego based Real Estate Company. Mr. Carroll worked with the National Community Stabilization Trust (NCST) to assist non- profit organizations acquire, renovate and sell REO assets. Through his work, BridgeBilt became the first for-profit strategic partner of the NCST, acquiring and stabilizing 700 single family homes in seven states.
Mr. Carroll helped pilot the first "Non-Profit Only" non-performing note transaction through HUD’s Neighborhood Stabilization Outcome (NSO) program. The purpose of this pilot was to offer mission minded organizations a means by which they can impact local communities by acquiring and stabilizing non-performing assets. Since this initial pilot, HUD has offered multiple "Non-Profit Only" pool across the country. "Non-Profit Only" pools are now a standard feature in HUD’s HECM and NSO offerings.
In 2015, Mr. Carroll co-authored a proposal to HUD to create a "Direct Buy" relationship between HUD, a non-profit, and a government entity to acquire $50,000,000 of non-performing residential loans. The purpose of this proposal was to ensure more non-performing assets were placed in the good care of non-profit organizations (without having to compete directly with the larger hedge funds) and thereby increasing positive outcomes for underwater borrowers. In January 2016, HUD approved this "Direct Buy" proposal for the states of California and Florida.
Mr. Carroll recently worked in conjunction with PPR Note Co. to acquire over $30MM worth of performing and non-performing first position mortgages.
Mr. Carroll has spent the last 15 years developing programs that not only impact local communities but are also worthwhile investments for capital. Carroll believes that a necessary element of any good and meaningful program is its ability to sustain itself.
Mr. Carroll holds a Bachelor’s of Science degree from Texas A&M University. He has had GSP's his entire life and currently has one family GSP.
Vice President, Acquisitions and Development | Partner
Jon Havey serves as the Company’s Vice President of Acquisitions and Development. In this role, Mr. Havey’s primary focus is on the expansion of the company’s rental holdings through the acquisition and development of single and multi-family residential properties. His goal is to identify development and redevelopment opportunities in areas with a need for workforce and affordable housing. Mr. Havey does this by cultivating and maintaining key relationships with experienced real estate professionals in each of our targeted markets.
Mr. Havey comes to GSP REI with over 15 years of experience as a real estate investor and business owner. As an developer and operator of student housing around Temple University for 9 years, Mr. Havey honed his skills in all aspects of rental property ownership and management including identifying and acquiring income producing properties, overseeing the building and renovation process from start to finish, working with financial institutions, real estate agents and service professionals, and most importantly, striving to ensure tenants had a great experience during their time as renters. Mr. Havey also spent more than 7 years as a partner in a group that developed and owned self-storage facilities, where he learned that stellar customer service is the key to not just getting new tenants, but in making sure they stay long term.
Mr. Havey strongly believes that attention to detail and the ability to work with all kinds of different people are the keys to succeeding in real estate investing. Away from work he enjoys spending time with his wife and three children, traveling, and both playing and watching sports.
Vice President, Investor Relations | Partner
Peter Neill serves as Vice President of Investor Relations for the Company. He is chiefly responsible for fulfilling the company’s capital raising goals by communicating and marketing the company’s private offerings and maintaining key relationships with the company's investors.
Mr. Neill began his real estate career working in marketing and sales at PPR Note Co. This gave him the ability to learn all aspects of the distressed mortgage business. He quickly transitioned into Investor Relations and raising private capital for PPR’s private fund offerings. He managed the process of raising over $80MM for six offerings and helped grow their fund investor community from around 200 investors to over 600. During his time there, Mr. Neill learned the ins and outs of the distressed mortgage business and had a firsthand look and active role in transitioning the company from mainly acquiring second position mortgages to acquiring both first and second position mortgages.
Mr. Neill purchased his first rental property a duplex, at the age of 24 utilizing an FHA loan. He is also the Founder of Accredited Life, a lifestyle community and personal/financial development brand for accredited investors, soon-to-be accredited investors and their families. He holds meetings in the Philadelphia area once a week and one-on-one sessions in-person and over the phone daily.
Mr. Neill graduated with a Bachelors of Arts from Temple University where he studied Media Business and Entrepreneurship. He is an avid dog lover, who looks forward to adopting his first GSP soon.
Lead Project and Property Manager
Brian Campbell serves as the Lead Project and Property Manager for the Company. In this role, Mr. Campbell is responsible for the on-site project and property management of the company’s redevelopment projects and income producing portfolio. Mr. Campbell oversees property renovations, making sure projects stay on time and on budget. He is also responsible for tenant request, making sure they receive prompt, quality service for the best rental experience.
Bodhi serves as the company’s mascot and inspiration for our name and logo. Bodhi is one of Mr. Lockhart’s two family German Shorthaired Pointers. He is always full of energy and loves people. When Bodhi is not representing the company he enjoys long walks, playing with his favorite toys and taking naps.