Our Story

Legacy Partners is a privately held real estate firm that owns, develops and manages multifamily communities throughout the United States. Since our inception, we have been driven by integrity, dedication, and a passion for perfection while returning exceptional results. Since 1968, we have developed more than 60,000 apartment homes and worked with some of the world’s largest financial institutions, life insurance companies, and real estate companies.

In addition to development, Legacy Partners provides management services for our own portfolio, as well as other owners. Combined, we manage a portfolio of over 60 multifamily communities with more than 14,000 apartment homes, with a gross value in excess of $2 billion.

Legacy Partners specializes in providing superior service that exceeds the demands of our clients’ individual needs, while maintaining the highest standards of professionalism and trust. At Legacy Partners, we know what people want, inspiring us to create communities that are relevant today and into the future. We strive to establish value for our owners, team members, and residents by adapting to evolving trends. Together we accomplish our most important purpose, to create the feeling of home.

For more information about Legacy Partners’ experience and capabilities, contact 650 571 2250.

Leadership

Corporate

  • C. Preston Butcher

    Chairman of the Board

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    C. Preston Butcher

    Chairman of the Board

    Preston Butcher is Chairman of Legacy Partners (formerly Lincoln Property Company N.C., Inc. Western Region) and formerly Chairman and Chief Executive Officer of Legacy Partners Commercial in Foster City, California. Legacy Partners develops, acquires and manages income property in the western United States. Legacy Partners has developed, acquired and managed over 73,000 residential housing units which have exceeded $6.3 billion in cost. Under Mr. Butcher’s leadership, Legacy Partners Commercial developed, acquired and managed 128 million square feet which has exceeded $10.93 billion in cost. Mr. Butcher sold his interest in Legacy Partners Commercial to NorthStar Realty Finance Corp. in September 2014. Mr. Butcher has extensive experience throughout the western half of the United States in the development and acquisition of apartment units, industrial space and office space. This experience has resulted from partnerships with local people in the major western cities.

    In October 2001, Legacy Partners was honored by Multifamily Executive Magazine as 2002 Builder of the Year with representation on the magazine cover. In February 2002, Legacy Partners received the prestigious “Pillars of the Industry Award,” for 2002 Builder of the Year presented by the National Association of Home Builders (NAHB) Multifamily Division. The top honor recognizes superior career achievement by a multifamily builder whose products have made a positive impact on the industry and whose career demonstrates a desire and commitment to provide quality multifamily housing.

    Mr. Butcher co‑founded, formerly served as past Chairman of the Board of Directors, and presently serves on the Executive Committee of the National Multi Housing Council, a national trade association whose members are the major apartment owners and managers throughout the United States. He also co‑founded and currently serves as a Director of the California Housing Council.

    Mr. Butcher is also a member of the Policy Advisory Board of the Fisher Center for Real Estate and Urban Economics at University of California, Berkeley and is a founding board member of BRIDGE which is a non-profit housing corporation created to provide low to moderate income housing. He is a current director of the Charles Schwab Corporation and KBS Legacy Partners Apartment REIT, Inc. Mr. Butcher is a past member of the Board of Trustees of the Urban Land Institute, a former director of BRE Properties, Inc. and a former director of NorthStar Realty Finance Corp. Mr. Butcher is a past Overseer of the Hoover Institution, Stanford University.

    He received his Bachelor of Science in Electrical Engineering from the University of Texas at Austin.

  • W. Dean Henry

    Chief Executive Officer

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    W. Dean Henry

    Chief Executive Officer

    Mr. Henry serves as Chief Executive Officer of Legacy Partners and has been involved exclusively in multifamily real estate acquisitions/development, financing, asset and property management, and dispositions since 1969. He joined the Western Region of Lincoln Property Company, Legacy’s predecessor organization, in 1973. Mr. Henry serves on the Executive Committee of the National Multifamily Housing Council. He is a member of the Policy Advisory Board of the Center for Real Estate at the University of California at Berkeley.

    He is a former Chairman of the YMCA of San Francisco and has served as a board member since 2003. He formerly served as the Chairman of the Multifamily Leadership Board of the National Association of Home Builders. He is an active member of the Urban Land Institute and is a former board member of Mercy Housing, a non-profit affordable housing organization which has participated in the development, preservation and/or financing of thousands of affordable homes in the United States.

    Mr. Henry received a Bachelor’s degree in Political Science from University of Puget Sound.

  • Guy K. Hays

    President

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    Guy K. Hays

    President

    Mr. Hays is President of Legacy Partners. He oversees the management, operations, and financial affairs of Legacy Partners and is involved in setting company strategy and monitoring performance. Mr. Hays has been with Legacy Partners since 1986 and has over 29 years of multifamily real estate experience encompassing acquisitions, development, financing, asset and property management, and dispositions. During this time he has overseen the acquisition, development and financing of over 26,000 apartment units, exceeding $4.5 billion in cost.

    Prior to joining Legacy Partners in 1986, Mr. Hays was with Kenneth Leventhal and Company, a CPA firm in Dallas, Texas specializing in real estate.

    Mr. Hays is an active member of the National Multifamily Housing Council and serves on the Multifamily Leadership Board of the National Association of Home Builders and is a member of the Urban Land Institute.

  • Robert A. Calleja

    Chief Financial Officer

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    Robert A. Calleja

    Chief Financial Officer

    Robert Calleja is Legacy Partners’ Chief Financial Officer, a position he has held since August 2012. As CFO, Mr. Calleja directs Legacy Partners’ capital markets, financial planning and analysis, risk management, and information technology functions and oversees all other financial aspects of the company. Mr. Calleja has closed acquisitions of almost 19,000 apartment homes exceeding $3.9 billion in cost, closed loans of $2.7 billion, and overseen the disposition of over 24,000 apartment homes for $3.9 billion.

    Mr. Calleja has been involved exclusively in real estate acquisitions/development, financing, and dispositions for 23 years. He joined Lincoln Property Company in 1997 and became the Vice President, Finance of Legacy Partners in 2003 and Senior Vice President, Finance of Legacy in 2009. Prior to joining Lincoln Property Company, he was a Real Estate Consulting Manager for Arthur Andersen, LLP. He is an associate member of the Urban Land Institute.

    Mr. Calleja graduated cum laude from the Wharton School of Business, University of Pennsylvania with a Bachelor of Science in Applied Economics, concentration in Finance. He also holds a Master of Business Administration degree from the University of California Berkeley’s Haas School of Business.

  • Douglas J. Woo

    Chief Accounting and Tax Officer

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    Douglas J. Woo

    Chief Accounting and Tax Officer

    Mr. Woo is Chief Accounting and Tax Officer of Legacy Partners. Mr. Woo has been involved in real estate and partnership accounting and tax for over 30 years. He joined Legacy Partners in 2000 as Director of Tax. Mr. Woo’s oversight includes accounting, tax and financial reporting.

    Prior to joining Legacy Partners, Mr. Woo worked for the accounting firms of KPMG and EY where he provided tax consulting services to real estate and financial services clients.

    Mr. Woo is a Certified Public Accountant. He graduated from the University of California, Berkeley with a Bachelor of Science degree in Accounting and Finance from the Haas School of Business Undergraduate Program. He also holds a Master of Science in Taxation degree from Golden Gate University, where he is an adjunct professor faculty member.

  • Amelia V. Johnson

    Vice President of Human Resources

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    Amelia V. Johnson

    Vice President of Human Resources

    Amelia V. Johnson is Vice President of Human Resources for Legacy Partners. She is responsible for human resource management, development, employee relations, benefits and payroll. Ms. Johnson joined the company in 1980 and has worked exclusively in human resources since 1986.

    Ms. Johnson is a member of the Society for Human Resources Management (SHRM) and received certification in Human Resources Administration from San Jose State University.

  • Janis Kiesel

    Senior Vice President of Financial Services

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    Janis Kiesel

    Senior Vice President of Financial Services

    Janis Kiesel is Senior Vice President of Financial Services for Legacy Partners where she is responsible for the oversight of the corporate accounting functions. She has worked in the accounting field for over 35 years – first working for Coopers & Lybrand, then joining Legacy Partners in 2000.

    Ms. Kiesel, a Certified Public Accountant, graduated from Oklahoma State University with a Master of Science degree in Accounting. She is an active member of the American Institute of Certified Public Accountants and the California Society of Certified Public Accountants.

  • Annabel T. Chu

    Senior Vice President, Controller

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    Annabel T. Chu

    Senior Vice President, Controller

    Annabel T. Chu is the Senior Vice President-Controller for Legacy Partners’ Southern California Residential Division, where she is currently responsible for all of the property management accounting operations. She was also intimately involved in development accounting and construction loan draws during development phases. Ms. Chu’s previous experience included working for the Lincoln Property Company-Commercial division in Southern California, and for the Trammell Crow Company. She has been with Legacy since 1999.

    Ms. Chu, a Certified Public Accountant in the State of California, earned her accounting degree from California State University, Long Beach and a real estate investment certification from University of California, Irvine. She is an active member in the California Society of Certified Public Accountants.

Development / Acquisitions

  • David J. Eichler

    Senior Managing Director | Northern California, Nevada

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    David J. Eichler

    Senior Managing Director | Northern California, Nevada

    Mr. Eichler joined Legacy Partners in January of 2015 with more than 30 years in the multifamily arena, including public/private partnerships, redevelopment opportunities, senior housing, and ground-up development. He brings a keen awareness of potential opportunities for acquisition, redevelopment and development.

    Mr. Eichler’s previous experience encompasses Northern California and the Pacific Northwest, the Washington, D.C. region and the New York Tri-State area. Prior to joining Legacy Partners, he served as president of LCOR Ventures LLC and previously was Senior Vice President of West Coast operations for LCOR Inc., a fully-integrated real estate company specializing in property development, investment and management.

    Mr. Eichler earned a Bachelor of Science degree in Communications from the University of Colorado at Boulder and is a member of the Urban Land Institute.

  • Kerry L. Nicholson

    Senior Managing Director | Pacific Northwest

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    Kerry L. Nicholson

    Senior Managing Director | Pacific Northwest

    Mr. Nicholson directs Legacy’s activities in the Pacific Northwest. He has been an active participant in the Pacific Northwest market since 1978. Prior to joining Legacy in 1999, Mr. Nicholson financed the commercial real estate industry for over 20 years; holding various senior management positions with GE Capital Real Estate, Bank of America and Wells Fargo. During that time, he made loan and equity commitments in excess of $2 billion.

    Mr. Nicholson is a former Chair of the ULI Northwest District Council and is founder and immediate past Chair of ULI Northwest’s Multi-Family Product Council. Mr. Nicholson is also Vice Chair of the Urban Development Mixed Use Council, a national industry group that is under the auspices of the Urban Land Institute. He is also a Board Member of the Runstad Center for Real Estate at the University of Washington.

    Kerry graduated Phi Beta Kappa from the University of California at Berkeley and obtained his MBA from the University of Chicago.

  • Spencer R. Stuart, Jr.

    Senior Managing Director | Texas, Colorado

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    Spencer R. Stuart, Jr.

    Senior Managing Director | Texas, Colorado

    Mr. Stuart opened the Texas office for Legacy Partners in 2004 and is currently a Senior Managing Director responsible for the Texas and Colorado markets. Mr. Stuart has been involved exclusively in real estate acquisitions, development, financing, management, and dispositions for over 30 years.

    Prior to joining Legacy, Mr. Stuart held the roles of Chief Executive Officer, Executive Vice President and Chief Operating Officer, and President for the Palladium Group, where he successfully organized and grew the U.S. division for a European based, multi-national real estate firm. Mr. Stuart was also key player in the initial public offering (IPO) of the multifamily REIT Walden Residential Properties, Inc. Since 1994, he has been directly responsible for $415 million of mid and high rise multifamily development and multifamily acquisitions in excess of $230 million.

    Mr. Stuart serves on the Multifamily Leadership Board of the National Association of Home Builders. He is a member of the Dallas Builders Association and the Urban Land Institute. He is a member and previously served as an officer of the Real Estate Financial Executives Association of Dallas and was formerly an associate member of the National Association of Real Estate Investment Trusts (NAREIT).

    Mr. Stuart holds a Bachelor’s degree in Fine Arts from the University of Connecticut.

  • Timothy J. O'Brien

    Senior Managing Director | Southern California, Arizona, Nevada

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    Timothy J. O'Brien

    Senior Managing Director | Southern California, Arizona, Nevada

    Mr. O’Brien is a thirty year real estate development and investment veteran and is responsible for operations, acquisitions, and development in the Southwest region. At Legacy, Mr. O’Brien is directing the acquisition and development of a $750M pipeline.

    Prior to joining Legacy Partners, Mr. O’Brien was the West Coast Operating Partner for Fifield Companies where he led the acquisition and development of over a $1 billion dollars in high rise residential development in Los Angeles, San Francisco and Hawaii. Before his tenure at Fifield Companies, Mr. O’Brien was the Vice President of Acquisition and Development for Lincoln Property Company in Southern California, developing high density apartment projects.

    Mr. O’Brien has also developed approximately 1 million square feet of commercial, office and industrial projects in various partnerships. He is a former board member of Mercy Housing-California; one of the largest non-profit affordable housing companies in the country.

    Mr. O’Brien earned a B.S. in Business Administration from the University of Southern California and is a licensed California Real Estate Broker.

  • Mark McKallor

    Senior Managing Director | Pacific Northwest

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    Mark McKallor

    Senior Managing Director | Pacific Northwest

    Mark McKallor is the Vice President and Senior Development Manager for Legacy's Seattle and Portland activities. With over 28 years of real estate experience in the Washington, Oregon, and Southern California markets, Mr. McKallor's experience spans multiple different asset classes. He has extensive experience in the development, financial, and management sides of the business with apartment, condominium, retail, medical, and office properties. Prior to joining Legacy Partners, Mr. McKallor developed projects in the Washington and California markets for the medical REIT Cogdell Spencer Erdman (now Erdman), as well as condominiums in Seattle with Continental Properties. Previously at Trammell Crow, he managed a large portfolio of medical properties, including capital projects for high acuity environments. He also managed the financial and development activities for ST Corporation’s apartment and affiliate businesses.

    Mr. McKallor is a licensed real estate broker, member of NAIOP and the Urban Land Institute, and earned a Bachelor of Arts degree in Business Administration/Finance from Seattle University.

  • Jon Wood

    Senior Managing Director | Southeast

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    Jon Wood

    Senior Managing Director | Southeast

    Mr. Wood leads Legacy’s Southeast U.S. operation and is responsible for growing the company’s regional presence through site selection, market and financial analyses, due diligence, product design, entitlements, permits, financing, construction, property and asset management, risk management, and strategic planning.

    Prior to joining Legacy, Mr. Wood was the Southeast Managing Director of Development for Hines and the East Coast Division Partner for The Morgan Group. He has also held multifamily development positions at Archstone in Washington, D.C. and Trammel Crow Residential in Florida.

    Mr. Wood is an active member of the National Multi Housing Council, Urban Land Institute, and University of Florida Friends and Alumni of Real Estate. He also served as a Director on the University of Florida Real Estate Advisory Board.

    Mr. Wood has an MBA from the University of Florida, with concentrations in Real Estate, Finance and Entrepreneurship, where he took first place in the program's Entrepreneurship Business Plan Competition.

  • Bob Panizo

    Vice President | Development

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    Bob Panizo

    Vice President | Development

    Bob Panizo is the Vice President of Development in Legacy's Dallas office. He oversees various multi-family residential apartment projects throughout Texas and Colorado -- from planning, contracts, and partnerships to groundbreaking, onsite management, and delivery. Prior to joining Legacy, Panizo was a Senior Project Manager in Trammell Crow’s and Harwood International Development’s Dallas offices, where he helped lead the delivery of various complex high-rise residential apartment towers such as the Dallas communities Alexan Carlisle, Vine, and Bleu Ciel Condominiums, and the Austin development Alexan Capitol. Before working with Harwood, Panizo was an onsite Construction Manager for Citi Group in Irving, Texas where he oversaw the development of a Dallas and San Antonio mega-campus, totaling more than 2.5 MM square feet across nine separate buildings and over $50 MM of construction, renovations, additions, upgrades, facilities and restack. Panizo graduated from the University of Florida with a B.S. in Construction Sciences and Management. He is USGBC LEED program trained and OSHA certified.

  • R. Lane Cutter, AIA

    Vice President | Development

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    R. Lane Cutter, AIA

    Vice President | Development

    R. Lane Cutter is currently Vice President of Development, managing Legacy’s Denver activities. His 25 years of diverse real estate experience in Colorado encompasses multiple sides of the multifamily market. Mr. Cutter’s background is rooted in design, spending 18 years owning and managing an architectural firm centered on housing, followed by two years developing on-campus housing for small universities in the Midwest with Knosis LLC. Over the course of his career he has designed more than 2,000 multifamily units, been part of the ownership group on multiple large-scale condominium projects, and introduced several small universities to the P3 model of student housing development. His professional life has allowed him to gain a strong perspective with respect to market trends, evaluating development opportunities, and the details of construction management.

    Mr. Cutter earned dual degrees in Architecture and Engineering from the University of Oklahoma. He currently holds architectural licenses in Colorado and Oklahoma.

Property Management

  • Michael Holt

    Regional Vice President | Colorado, Pacific Northwest

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    Michael Holt

    Regional Vice President | Colorado, Pacific Northwest

    Michael Holt joined Legacy Partners in 2017 and is the Vice President of Operations in Colorado. Mr. Holt oversees all aspects of Legacy’s regional property management operations – from apartments and mixed-use to retail – and develops plans for renovations, lease-ups, and stabilized assets.

    Mr. Holt has been in the multi-family management industry since 1991, with experience in high-rise, and A-, B-, and C-Class assets. Prior to joining Legacy Partners, he was the Area Vice President for Lincoln Property Company in Colorado and Wyoming; Vice President of Operations for the Cardinal Group; and, a Regional Manager for BH Management in Colorado and Texas. He has held leadership positions with the Apartment Association of Greater Dallas and the Apartment Association of Metro Denver, of which he is the President-elect for the 2018-2019 year.

    Mr. Holt earned his Industrial Technology degree from California Polytechnic State University in San Luis Obispo, California with minors in Sales, Facilities and Quality Control.