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
Mike Adler is the Founder and Chief Executive Officer of Adler Companies - Adler Industrial, LLC, Adler Industrial Construction, and Adler Realty Investments, Inc. Over his history, he has been involved as a general partner, manager, and investor in numerous real estate ventures with a combined valuation exceeding $2 billion. Adler Companies have successfully acquired or developed 14.5 million square feet of real estate across the US and maintain substantial land holdings in the Boise Valley for future development. Mike’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 FOUNDER and CEO of Adler Companies - Adler Industrial, LLC, Adler Industrial Construction Inc., and Adler Realty Investments, Inc., Mike 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, Mike has functioned as a general partner, manager, and investor in over 250 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, developed, and sold over 6 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 8.5 million square feet of industrial, office, retail, and multi-family residential properties across the United States under Mike’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, Mike'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.
Mike 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 NAIOP – National Association for Industrial and Office Parks -Commercial Real Estate Development Association, the Urban Land Institute, and he serves on the Advisory Board 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
Brett Hamm
General Counsel / Director of Corporate Operations
Brett Hamm oversees all legal and risk management aspects of the operations of the Adler Companies.
Brett Hamm
General Counsel / Director of Corporate Operations
Brett Hamm, as General Counsel / Director of Corporate Operations, oversees all legal and risk management aspects of the operations of Adler Industrial, LLC and its sister companies Adler Realty Investments, Inc. and AI Construction, Inc. Brett received his Juris Doctor, magna cum laude, from the J. Reuben Clark Law School at Brigham Young University. Brett began his career as an insurance defense attorney before moving in-house with a Boise-based real estate investment company. Prior to joining Adler Industrial, Brett spent 16 years at a national developer of retail, multi-family, self-storage, and charter school properties, where, in addition to handling commercial developments, Brett oversaw the company’s 1031 exchange and Opportunity Zone initiatives.
William Reil
Chief Financial Officer
William Reil is responsible for all accounting and financial reporting for the Adler Companies.
William Reil
Chief Financial Officer
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.
Charity Nelson
Vice President of Leasing & People
Charity Nelson leads Adler's leasing strategy while overseeing the company's People initiatives.
Charity Nelson
Vice President of Leasing & People
Charity Nelson manages leasing for the Adler Industrial portfolio in the Boise Metro area. She enjoys partnering with brokers and business leaders to meet the industrial real estate needs of companies that are moving to or expanding in the area. She also leads the company’s strategic human resources efforts. Prior to joining Adler, Charity spent more than five years as the Director of Economic Development at the Boise Valley Economic Partnership where she worked with businesses who were interested in expanding or locating in the Boise Metro. She also has extensive experience in human resources having spent more than a decade at Micron Technology in a variety of roles in global talent acquisition, organizational effectiveness, and workforce optimization. Charity holds a bachelor’s degree in psychology and master’s degree in communication, both from the University of Pittsburgh in Pittsburgh, Pennsylvania. She is happy to be living in her hometown of Boise with her husband Mark and two daughters, Alyssa and Jessica.
Spencer Esau
Vice President of Investments
Spencer Esau oversees Adler's investment strategy, acquisitions, and asset management.
Spencer Esau
Vice President of Investments
As Vice President of Investments, Spencer Esau manages the performance of Adler’s growing portfolio and pursues new investments that shape the company’s next phase of growth. Over his career, he has closed more than $500 million in transactions across industrial, office, and development assets, backed by more than a decade of experience in commercial real estate.
Prior to joining Adler, Spencer was Senior Manager of Acquisitions at SmartCap, Inc. where he sourced, underwrote, and closed transactions across multiple asset classes. Earlier in his career, Spencer worked at Laird Norton, one of the nation’s oldest family offices. There, he helped manage programmatic joint ventures and acquired properties across the Western US.
Spencer earned his Bachelor of Science in Economics from Gonzaga University. Originally from the Pacific Northwest, he now lives in Eagle, Idaho with his wife and daughters.
Leadership
Andrea Myers
Operations Manager
Andrea 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.
Mandana Tarr
ASSET Manager
Mandana Tarr oversees property operations and performs asset management functions for the company.
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.