MEET US
Our Team
Adler Realty’s team is made up of experienced executives that are highly skilled in their respective fields, providing the company the ability to successfully execute a wide variety of business plans.
Founder & CEO
Michael S. Adler – MAI, CPM
Mr. Adler holds the position of Chief Executive Officer and founder of Adler Industrial, LLC, and Adler Realty Investments, Inc. As a general partner, manager, and investor, he has been involved in various real estate ventures with a combined valuation exceeding $2 billion dollars. The firms under his purview have successfully acquired or developed 10 million square feet of real estate and maintain substantial land holdings for future development. Mr. Adler's keen market and design acumen, analytical proficiency, and leadership skills have enabled the Adler companies to sustain consistent growth of their portfolio and surpass market investment expectations.
Michael S. Adler – MAI, CPM
Founder & CEO
As the CEO and founder of Adler Industrial, LLC and Adler Realty Investments, Inc., Mr. Adler has played a pivotal role in a diverse range of real estate investment and development projects. His expert market insight, analytical proficiency, and effective leadership have facilitated the Adler companies in consistently exceeding market investment returns.
At the Adler
Companies, Mr. Adler has functioned as a general partner, manager, and investor
in over 200 real estate projects with a total valuation exceeding $2 billion.
Under his guidance, Adler Industrial, LLC has emerged as the largest industrial
building owner and developer in Idaho's Treasure Valley, having acquired and
developed over 3.8 million square feet of real estate, along with over 1,000
acres of land earmarked for future development.
Similarly, Adler Realty Investments, Inc. has successfully acquired and developed 5.9 million square feet of industrial, office, retail, and multi-family residential properties across the United States under Mr. Adler’s direction. Notably, many of these ventures involved purchasing undervalued properties with high vacancy rates and neglect, which demanded significant renovation, redevelopment, and management efforts to restore them to a profitable state. Additionally, Mr. Adler's leadership led to the successful entitlement and development of land for industrial, commercial, and residential use and the acquisition of institutional-grade properties that optimize cash flow and investor returns through efficient management.
Mr. Adler received
his degree in Business Administration, with majors in Real Estate and Finance,
from the University of Denver. He also holds an MAI designation from the
Appraisal Institute and a CPM designation from the Institute of Real Estate
Management. He is an active member of the Idaho chapter of the Urban Land Institute
. He serves on the Board of Directors for the Boise Valley Economic Partnership
and the Warner Center Association.
Executive Team
Richard S. Gable
President
Mr. Gable directs the acquisition team and secures the debt and equity financing for the Adler companies.
Richard S. Gable
President
Mr. Gable oversees the day-to-day operations and management of the Adler Companies. Additionally, he is responsible for structuring and securing debt and equity financing for the portfolio of assets. With Michael Adler, he serves as the primary contact to the firm’s institutional and private investors. During the last twenty years at Adler, Mr. Gable has negotiated a billion dollars of debt and supervised over a billion dollars of acquisitions and development.
In his role as President, Mr. Gable provides leadership, strategies, and finance expertise for the acquisition of investments, as well as being one of the three members of the firm’s Investment Committee. Mr. Gable is responsible for ensuring high levels of execution across the organization, resulting in exceptional portfolio performance, earning Adler an outstanding reputation.
Mr. Gable has over twenty-five years of commercial real estate experience, with a focus on financing, leasing, and sale of industrial, office, and retail properties. Before joining Adler, he was President and Chief Operating Officer of a successful start-up internet service provider that grew to 125+ employees. Mr. Gable was instrumental in its growth and eventual sale for $450 million. Mr. Gable graduated from the University of Pennsylvania and has been a licensed real estate agent in California and Pennsylvania.
Alan D. Sher – CPA
Senior Director and Asset Management
Mr. Sher oversees property operations and performs asset management functions for the company.
Alan D. Sher – CPA
Senior Director AND Asset Management
Mr. Sher is responsible for overseeing property operations for the company. In this capacity, he performs asset management functions of the company which include: developing, implementing and monitoring investment business plans, negotiating leases and the renovation, repositioning and disposition of the portfolios. In his previous position as CFO of Pacifica Capital Group, Mr. Sher was responsible for financial reporting to principals and investors on over $400 million of commercial and industrial real estate investments.
Mr. Sher has over 20 years experience in financial reporting, public accounting and property management disciplines. He holds a degree in accounting from the University of Cape Town and is a licensed Certified Public Accountant and California Real Estate Broker.
Mandana Tarr
ASSET Manager
Mrs. Tarr oversees property operations for ten office, industrial, and retail assets for the Adler companies across the country.
Mandana Tarr
Asset Manager
As Asset Manager, Mrs. Tarr oversees property operations for ten office, industrial, and retail assets across the country. Her responsibilities include the development, implementation and monitoring of investment business plans, lease negotiation, renovation, repositioning and disposition of assets, and the development of energy efficiency and solar projects across the entire Adler portfolio.
Mrs. Tarr has been with Adler Realty Investments since 2013. She began as an Acquisitions Analyst, preparing cash flow projections and investment offering materials, as well as assisting in due diligence analysis for new projects. Mrs. Tarr earned a Bachelor of Arts degree from Temple University, in Philadelphia. She joined the Adler team after working for over 11 years as a Certified General Real Estate Appraiser, providing valuation consulting services to numerous clients in Southern California.
William Reil
senior controller
Mr. Reil is responsible for all accounting and financial reporting for The Adler Companies. His primary responsibility is to oversee audits, budgets, forecasting, and internal controls.
William Reil
CONTROLLER
Mr. Reil is responsible for all accounting and financial reporting for the Adler companies. He has the primary responsibility for overseeing audits, budgets, forecasting, and internal controls.
Before joining Adler, Mr. Reil was Controller at Broe Real Estate Group, a private real estate owner and developer with over $1 billion of assets under management. He was previously the Assistant Controller for Aviv REIT, a REIT specializing in skilled nursing facilities. He was also a Senior Accountant with the Macquarie Group working on the Macquarie Office Trust, a global office REIT with over $2.8 billion of assets under management in the United States. He began his career with Deloitte.
Mr. Reil holds a B.S. in Accountancy and a Masters of Accounting, both from the University of Illinois Urbana – Champaign. He is a Certified Public Accountant.
Jennifer Heckendorf
Regional Property Manager
Ms. Heckendorf oversees the Northern Los Angeles Region and does the day to day operational and financial functions.
Jennifer Heckendorf
Regional Property Manager
As Regional Property Manager, Ms. Heckendorf oversees the Northern Los Angeles Region and is responsible for all day to day operational and financial functions for the portfolio, which consists of Office, Industrial, and Residential properties. Prior to joining Adler Realty in 2011, Ms. Heckendorf was employed by Caruso Affiliated since 2003, her experience provides over 10 years of knowledge in the real estate management field. She holds a B.S. in Business Management from California Lutheran University.
Peggy Weaver
Senior Property Manager
Ms. Weaver oversees our Calabasas & Agoura Hills portfolio and does the day to day operations and financial functions.
Peggy Weaver
Senior Property Manager
As a Senior Property Manager, Ms. Weaver brings a wealth of experience to her position in the real estate management field having managed office and retail properties in the Los Angeles region for over 20 years. She is currently in charge of our Calabasas and Agoura Hills portfolio, responsible for all day to day operations and financial functions. The portfolio consists of both office and retail properties. Prior to joining the company in 2015, Ms. Weaver was employed by Century National Properties for almost 20 years as their Regional Property Manager.
Andrea Myers
Operations Manager
Ms. Myers manages the acquisition, due diligence, and closing processes, ensuring that all parties are informed.
Andrea Myers
Operations Manager
As Operations Manager, Ms. Myers manages the acquisition, due diligence, and closing processes, ensuring that all parties are fully informed at each stage of the critical paths of these functions. In this capacity, Ms. Myers manages the communications, data, and critical paths required to achieve a successful transaction. Ms. Myers joined Adler Realty in 2001 and received her Bachelor’s Degree in Business Administration at the University of Missouri, Kansas City; and is a licensed California Real Estate Broker; and Notary Public.
Angelito Eusebio
Senior Accountant
Mr. Eusebio is responsible for managing and reporting of financial data for a portfolio of the company’s projects.
Angelito Eusebio
Senior Accountant
As a Senior Accountant for Adler Reality Investments, Mr. Eusebio is responsible for managing and reporting of financial data for a portfolio of the company’s projects. Mr. Eusebio has over 25 years of accounting experience in commercial real estate. Prior to joining Adler Realty in 2012, he has been employed by CBRE, Prentiss Properties, Jones Lang LaSalle and New Mark Merrill. Mr. Eusebio has a BSBA degree with a major in accounting from University of The East, Manila, Philippines.