the team bios   

President and Chief Executive Officer
Monte Lee-Wen

Monte Lee-Wen is the President and CEO of The PPA Group, LLC. Since 2002, Monte has executed over $600 million in transactions, acquiring, managing, and repositioning commercial property across the United States. In 2004, Monte formed The PPA group, LLC in Seattle, Washington doing business as a commercial real estate investment company. The company is now Headquartered in Austin, Texas and also serves as a holding company for The PPA Group family of companies. He has a unique investment philosophy which involves evaluating and taking advantage of opportunities where superior risk-adjusted returns can be realized. This approach has allowed The PPA Group to realize tremendous returns on investments.

Through founding The PPA Group, Monte has been able to combine his investment experience and philosophy with the creative talent required to renovate and reposition properties. Monte brings an extensive knowledge in property assessment and transaction due diligence. He has created a standardized internal analysis system to effectively evaluate investment properties, which has enabled the PPA Group to streamline the process of acquiring profitable real estate investments.

In 2008, Monte formed a subsidiary company called PPA Real Estate Management (REM) to serve as the property management company for PPA Group real estate holdings, and to conduct third-party fee management business. PPA REM currently manages a diverse portfolio of multifamily units, emerging office, and development properties. Monte takes pride in investing not only in properties, but also in the communities and families that reside at the company’s properties.

Monte is a seasoned entrepreneur having started and run several companies since the mid-1990s. His networking and speaking skills have propelled the company forward very quickly. He is actively involved in board positions and guidance committees of many private and public initiatives nationwide.

"When I founded The PPA Group, I wanted to create investment opportunities normally reserved for the very wealthy and large institutions but make them available to discerning individual investors. Our principles, people and properties have made that dream possible."
 
 

 Senior Vice-President, Chief Financial Officer
Nalie Lee-Wen
 
As Chief Financial Officer, Nalie Lee-Wen heads The PPA Group's internal Department of Finance and Commercial Specialists. She works diligently developing relationships with capital partners and coordinating transaction closings during the funding and closing phase of PPA Group's acquisitions. Nalie oversees the team of accounting professionals for PPA Group and its family of companies, including PPA Real Estate Management. Her experience in commercial financing and lender relationships brings significant value to the company's operational management. She plays a pivotal role in the asset management and property management departments. Prior to joining The PPA Group, Nalie was the Chief Executive Officer of a commercial real estate funding group. Nalie has worked directly on the successful financing and closure of over $200 million in real estate transactions. With her strong background in real estate and finance, she brings a high level of expertise in solving title issues, working with state and local governments, surveyors, vendors, lenders, and legal professionals. Nalie shows a great ability to anticipate potential problems and creates solutions prior to issues arising during asset acquisitions and management.

 

President, PPA Real Estate Management
Glenn Gonzales

Glenn Gonzales brings to The PPA Group over 18 years of experience in management, development, operations and leasing of commercial real estate of all property types. Glenn served as Treasurer on the Board of Directors for the Washington Multi-family Housing Association, and was elected as President of the association in 2006. From 1994 to 1998, Glenn was a board member for the Utah Apartment Association. He also served a two year term as the Chairman of the Public Relations Committee and a one year term as the Secretary Treasurer for the Institute of Real Estate Management. Since 1994, he has also been an instructor for the National Apartment Association.

Prior to joining PPA Group as President of PPA Real Estate Management, Glenn spent many years working in multi-family and commercial property management with companies such as Equity Residential, Evergreen Management Group, Glacier Management, and most recently Pacific Property Company. He is a licensed real estate broker and Certified Property Manager. Most recently, Glenn has participated as founding member of an online services company that provides industry professionals with access to competitively priced and reliable vendor contacts.



Senior Vice-President, Chief Investment Officer
Dave Carter
 
Dave Carter, uses his vast experience and contacts as The PPA Group's principal consultant in commercial real estate and investment opportunities. With over 20 years of successful business development experience resulting in significant value creation involving over $4 billion in commercial real estate, totaling 100 million square feet nationwide, he is involved in all major investment, acquisition, dispositions and asset management decisions. Dave is responsible for value fund development and sits on The PPA Groups acquisition and disposition committees.
 
Previously he held executive level positions with a $4 Billion division of GE Capital, Commercial Net Lease a $1.3 Billion REIT (now known as National Retail Properties) CB Richard Ellis the world's premier, full-service real estate services company.

Prior to these positions he spent 10 years in the appraisal consulting side of the business, during which time he completed consulting assignments for all types of commercial property including multi-family, office, retail, industrial, hospitality, special use and undeveloped land. During this period he received his MAI (Member of Appraisal Institute) designation.
 

Sr. Underwriter and Asset Manager
Grant Caterina

Grant Caterina is responsible for The PPA Group’s portfolio of commercial real estate assets and are ensures that all PPA REM managed properties are operating to their fullest potential. His business and financial analytical skills make him a primary asset in the management and operation of customer and company investment assets. His primary focus is to ensure business plan execution and to ensure that expenses are within budget and revenues are at their peak for what the market will allow. His main goal is to achieve maximum returns for our customers and equity partners.

Prior to joining The PPA Group, Grant worked as the Sr. Real Estate Analyst for Arbor Commercial Mortgage, a national direct lender. At Arbor, Grant managed a staff of 7 analysts in the processing of Fannie Mae Apartment loans. Grant sits on The PPA Groups acquisition and disposition committees. Grant obtained a B.A. in History and Business from the University of Southern California.