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Real Estate Experience


Jay L. Bartelstone
Managing Director

Jay, as Managing Director of the Group, has a broad and diverse management background, having held a number of executive management positions in the financial services industry. Included in these executive positions were both international and domestic assignments. Jay supervised a broad array of banking operations for Citibank/Citicorp in New York and California. Subsequent to Citicorp, as a Sector Executive for Union Bank of California, he was responsible for investment management, retail banking, private banking, trust, and product management activities. Jay then held positions as President and CEO of Columbia Bank, and Vice Chairman and Chief Operating Officer for Bank of Los Angeles, where he had responsibility for all banking functions, including all aspects of lending and operations. He is a graduate of the University of Connecticut and received his M.B.A with an emphasis in Finance from Fordham University in New York.


Michael Todd

Michael is a graduate of Arizona State University in finance. He is an investor and developer of residential and commercial properties, and currently owns large land holdings in Arkansas. Michael has been a past President Chairman and CEO of a number of financial institutions in the greater Los Angeles area.


Daniel P. Galvanoni

Daniel P. Galvanoni is the managing director and founder of DPG Investments, LLC (DPG) a private lending real estate holdings partnership in Arizona. DPG manages assets internally which are comprised of private equity interests, short term high yield notes and private investment partnerships. DPG Investments, through their Capital Markets Group specifically focuses on the structuring and securing of both debt and equity for multi strategy alternative investment fund managers globally in which return DPG takes an equity non operating stake in the perspective fund due to the firm’s initial capitalization and capital market support. The Company is focused on working with numerous domestic and international capital providers and transactions. Mr. Galvanoni has successfully originated over 650mil in high yield debt and equity since the formation of DPG Investments. The Firm is actively involved in the structuring of complex financial transactions involving hedge funds, REITS, equity portfolios, private merchant banks, pension funds, life companies, and high net worth individuals. Investments’ include private equity interests in San Diego Trust Bank, Eco Span, Asia Finance Corporation, DPG Private Lending, Sky Field USA, Sky Field Ventures, and Grandrock Capital. Prior to DPG Investments, LLC, Dan was an associate at a money center bank and Wesselink & Galvanoni Holdings, LLC a California general partnership, involved in international real estate development, and private equity investing. Mr. Galvanoni graduated from Fairfield University, in Fairfield Connecticut.


Warren M. Dillard

Warren has over 35 years of business experience including mutual fund management at The Capital Group and the management of large (150 properties in 23 states) commercial real estate portfolios as president of the Pacific American Real Estate Funds public limited partnerships. He was Senior Vice President and CFO at Pepperdine University for seven years and has been a CFO and COO of early stage technology companies. His entrepreneurial experience includes assisting in the funding and early stage management of small companies for over twenty years. Specific recent experience includes development of strategic plans and financing of electronic commerce ventures as Vice Chairman of The Gordon Group and asset-backed real estate lending with Q Capital Group. Warren earned his Bachelor's Degree in Accounting from Texas A & M University and his MBA in Finance from the Harvard Business School.


Jack Heller

Jack brings with him long term Real Estate experience in the Commercial and Retail arena, serving clients who invest in Shopping Centers, Office Buildings, Free Standing Triple Net Credit Tenant opportunities and Land for Development.  Jack has an outstanding performance record and has diverse expertise in senior management functions with best-in-class high growth real estate business entities. He has been a partner in an Arizona based development company and has held Senior Executive in a number of commercial and residential development companies. He has also succeeded in obtaining many millions of dollars in investment funds for client projects. Jack while an advisor to the Firm, is currently active as an independent Real Estate Broker and Consultant to residential and commercial real estate clients.


David Goldberg

David Goldberg has been involved exclusively in real estate sales and marketing since 1968. David was Director of Sales for the J. H. Hedrich Company, at the time one of the oldest and most established homebuilding companies in the San Gabriel Valley. His new home sales experience ranges from entry level attached to luxury home communities. David is a past Associate Publisher of Homes & Land Magazine and the Los Angeles Rental Guide Magazine, of which he was a Regional Sales Director for the corporate franchiser. He is currently president of New Homes Direct, a targeted direct mail publication for new home communities. David is a licensed California Real Estate Broker and is a member of the Institute of Residential Marketing (IRM). David served on the Board of Directors for the Building Industry Association (BIA) for eighteen years and was Co-Editor of that chapter's newsletter, “Spatterdash”. He is a founding Director and past President of the Sales and Marketing Council (SMC) of Los angeles and Ventura Counties and is a member of the SMC's prestigious Hall of Fame. David received industry-wide recognition as Chief Executive Officer of the Year at the 1991 SMC Elan Awards.