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 multifamily 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 The PPA Group's real estate holdings and to conduct third-party fee management business. PPA REM currently manages a diverse portfolio of multifamily 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 The PPA Group's acquisitions. Nalie oversees the team of accounting professionals for The 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
Michael Hendricks

As PPA Real Estate Management's President, Michael Hendricks oversees the entire property management operation, reporting to third-party owners, investors, lenders, servicers, and The PPA Group. His responsibilities also includes business development.

Prior to joining PPA REM, Michael was Regional Vice President at Capstone in Houston, Asset Manager at H&P Multifamily Brokerage Firm in Arizona, and Senior Vice President at Greystar Management for many years. He has been a board member of the Houston Apartment Association as well as the 2013 Chairman of the Awards Committee.  He was also on the Governmental Affairs Committee with the Arizona Apartment Association.

Chief Investment Officer
John A. Latham

As a key member of the senior management team, John A. Latham is responsible for sourcing and managing new investment opportunities for The PPA Group. He focuses on both acquisitions and new development opportunities. He is responsible for managing the company’s investment portfolio. John is also very involved in the company’s equity and debt capital raising activities.

Prior to joining The PPA Group, John worked with several real estate acquisition and development companies, including as a Principal with Steelwood Property Company, a multi-family acquisition and development company, where he led acquisition and development activities. John also worked as an investment banker with Banc of America Securities where he executed over $3.4 billion in equity and debt financing for the firm’s clients. John holds a B.S. in Civil Engineering and an MBA from the University of Texas at Austin.