About Altus

Robb is the founder of Altus. He brings more than 25 years of experience in commercial real estate. His background includes over 17 million square feet of development, acquisitions, and dispositions totaling over $1 billion.

Robb’s career encompasses serving as the General Manager for R.L. Johnson Investment Company (1990-1992), President of R.L. Johnson Company (1993-1997) and Senior Vice President of Duke Realty Corporation (1997-2001) prior to founding ALTUS.

Robb’s expertise is rooted in the acquisition, development and ownership of the 3.5 million square foot R.L. Johnson portfolio in Minneapolis, and the 9 million and 4 million square foot Duke industrial portfolios in Minneapolis and St. Louis. In less than two years, while leading the Duke office in Minneapolis, he grew the portfolio from 3.5 million to more than 8 million square feet.

Robb graduated from the University of Minnesota with a Bachelor’s Degree majoring in Communications and minoring in History. He is a Certified Commercial Investment Member (CCIM) of the National Association of Realtors.

At Altus Properties, Peter is responsible for firm strategy and capitalization. He oversees all aspects of Altus strategy, operations and cultural alignment — with an emphasis on the financial elements.

Prior to joining Altus, Peter was at Panattoni Development Company, Inc., a leading international development company that develops and owns industrial, office, and retail properties in more than 175 cities throughout the United States, Canada, and Europe. While at Panattoni, Peter managed approximately $1 billion of assets across multiple markets, intimately involved with every facet of an asset’s life cycle from acquisition, development, stabilization, asset management, and disposition.

Peter began his career in investment banking at Banc America Securities, LLC after graduating from the University of North Carolina at Chapel Hill with a Bachelor’s Degree, double majoring in Economics and German. Additionally, Peter holds an MBA from the Olin School of Business at Washington University in St. Louis, where he currently teaches a Real Estate Finance and Investments course as an Adjunct Lecturer.

Alex is responsible for the leadership of Altus’ equity investments, acquisitions, capitalizations and joint-venture structuring. Additionally, Alex shares leadership responsibility of the firm’s portfolio strategy and development endeavors. Prior to joining Altus, Alex was a management team member of Koch Development Co., responsible for the leadership of asset management, portfolio strategy and development activities across its retail, office and industrial portfolio located throughout the Midwest.

Alex is a graduate of Washington University in St. Louis, with degrees in Finance and Marketing. He serves as a member of Washington University’s Alumni Board of Governors, the Board of Directors for the United Way of Greater Saint Louis, the Alumni Board of St. Louis Priory School, and as a past president and member of the Olin Business School Alumni Board. Further, Borchert currently teaches a Real Estate Finance and Investments course at Washington University in St. Louis’ Olin School of Business as an Adjunct Lecturer.

Mark’s primary objective is to enhance portfolio strategy and net operating income (NOI). He provides leadership for leasing, property management, multi-family, construction and asset management finance.

Mark previously worked at Sterling Management as the Portfolio Manager for the REIT’s Minneapolis and Omaha multifamily properties. He brings with him over thirty years of real estate experience in asset management and building teams. Prior to Sterling, Mark was President of Alliant Strategic Development in Los Angeles, CA focused on preserving quality, safe and affordable housing for workforce Americans.

Mark led the Asset Management Group at Ameriprise Financial in Minneapolis, MN. In this role he was a team member of the group that managed all manners of real estate investments by Ameriprise and its predecessor (American Express) including loans, direct equity investments and low income housing tax credit investments.

Mark graduated from the University of St. Thomas in St Paul, Minnesota, with a degree in Economics and a minor in Finance.

Phil Larger is the Director of Acquisitions for Altus Properties. Phil is responsible for acquiring office, industrial, multifamily, and retail assets – ranging from development to core plus with deal sizes from $10 to $100 million.

Prior to joining Altus, Phil was a Director at EverWest and was directly involved in over $900 million of acquisitions and dispositions and a senior associate at Duff and Phelps where he valued numerous property types for institutional clients.

Phil has his Master of Business Administration from The Ohio State University and his B.S. in Business Administration from the University of Colorado.

Chad Mehlman is Director of Investments for Altus Properties. In this capacity, Chad is the firm’s project lead in all transactional activities including new ground-up developments, acquisitions, dispositions and debt/equity financing.

Since joining Altus in 2013, Chad has been a key member of the Investment Team having been directly involved in approximately $1 billion of closed transactions. On an annual basis, Chad oversees the underwriting of over $1.5 billion of office, industrial, retail and multifamily properties throughout the Midwest.

Chad is a graduate of The University of Colorado – Boulder, where he earned a Bachelor of Business Administration and Real Estate Certificate.

Mark is responsible for oversight and management of all accounting functions of the company including overseeing the preparation of financial statements. He is responsible for the treasury function at Altus.

Mark works with an experienced team of accountants to produce information that gives investors assurance. The majority of his career has been in commercial real estate accounting, bringing specialized knowledge of the industry to Altus and investors.

Mark graduated from Texas A&M University with a BBA in Accounting and a MS in Finance. He holds the professional designation of Certified Public Accountant (CPA).

Rebecca is responsible for corporate marketing and communications for Altus Properties, with a focus on investor and firm-wide communications.

With more than 20 years of brand management and marketing experience, Rebecca has driven the strategy behind many complex marketing and communications initiatives. Prior to joining Altus, Rebecca held the role of Partner and Strategy Director at Magnetize Agency, delivering measurable success for dozens of commercial real estate, construction, healthcare, nonprofit and corporate clients.

Rebecca graduated from Drake University with a Bachelor of Fine Arts in Graphic Design and minor in Drawing. She holds an American Marketing Association PCM Digital Marketing designation and is a Society for Marketing Professional Services (SMPS) member, award winner and past speaker.

Craig is responsible for managing the leasing activities at Altus Properties. His duties include actively negotiating office, industrial, and retail leases within the portfolio. He also leads a team of highly skilled team of internal and external brokers in St. Louis, Kansas City, and Minneapolis markets.

Prior to joining Altus Properties, Craig worked at General Growth Properties with a specific focus on strategic leasing and redevelopment.

Craig graduated from University of Missouri-Columbia with a bachelor’s degree with an emphasis in Real Estate and Marketing. Craig is a Member of ICSC, SLAR, and MNCAR.

Sarah is responsible for the leadership, oversight and the day-to-day management of Altus Properties’ property management, lease administration and construction management teams. Sarah works with our experienced team of property managers, maintenance engineers, construction teams and contractors to ensure all buildings, assets, capital, and tenant improvement projects are maintained and completed at the professional standards and level of quality for which Altus is renowned.

Sarah’s deep and diverse commercial real estate experience includes,  leadership positions in corporate real estate at the local, national, and international levels, facilities management, third party management, developer/owner management, construction and project management with an emphasis on financial management and operational outcomes.

Sarah graduated from Webster University with a BA in International Business Management and an MBA in Management.

Mark is responsible for leading the firm’s project teams including architects, designers, engineers and contractors. His responsibilities include site due diligence management, conceptual modeling, consultant selection, budgeting, scheduling, design & construction contract negotiations and BIM management for Altus’s portfolio of Industrial/logistics developments,  multifamily communities and office projects.

Mark graduated from Truman State University with a BA in Finance, obtained his Project Management Professional (PMP)  accreditation in 2009, and has delivered 3M+ square feet of class A new construction since 2014.

Ralph leads portfolio management at Altus Properties, working to maximize net operating income and value across the Altus portfolio by defining strategic direction and optimizing debt structure, and leads the coordination and communication strategy of portfolio results with Altus’ investor base. Ralph also works cross-functionally with our investment and development teams during acquisition, development, and disposition.

Prior to joining Altus, Ralph was a managing director at Summit Real Estate Group, overseeing underwriting on commercial real estate acquisition and development transactions across four private equity funds and affiliated development company investments. He has strategized over $700 million in completed acquisition and development transactions.

Ralph has a Bachelor of Science in Business Administration from the Olin Business School at Washington University in St. Louis.

Tom’s  primary role as Director, St. Louis Market Lead is to provide leasing leadership for Altus’ portfolio of industrial and office properties located in St. Louis. Tom is experienced in lease negotiation and manages a team of highly skilled brokers. Prior to joining Altus, Tom worked with Capitol Realty Group, Kaplan Real Estate, and Washington Realty Group, managing portfolios along with landlord and tenant representation.

Tom graduated from DePauw University with a bachelors degree in economics.  He is a member of the Forest Park Rotary Club, DePauw Alumni Association and volunteers with Habitat for Humanity and MDA.

Justin’s primary role as Altus’ Minneapolis Market Lead is to provide leasing leadership for Altus’ portfolio of industrial and office properties located in Minneapolis, as well as lead investment and development activities in the market. With experience in development, acquisition, and disposition of commercial industrial, retail and office assets — as well as lease negotiation and asset management— Justin brings an ability to expand Altus’ Minneapolis footprint and optimize the performance of existing asset income and valuation.

Most recently, Justin was responsible for more than 1.9 million square feet of retail space in six states and 2 million square feet of office and industrial space in Minnesota. He is an active member of the International Council of Shopping Centers (ICSC), Minnesota Shopping Center Association (MSCA), Minnesota Commercial Association of Realtors (MNCAR) and National Association of Industrial and Office Parks (NAIOP).

Justin earned a Bachelor of Science degree in real estate studies and a Bachelor of Arts in marketing management from the University of St. Thomas. His volunteer commitments include Ronald McDonald House Charities, Children’s Miracle Network at Gillette Children’s Hospital and Hope for the City.

Matt is responsible for the capitalization of acquisitions, new developments and fund structures nationally. This includes sourcing and managing joint venture relationships, partnerships and overall fundraising. Additionally, Matt helps to lead strategic initiatives across the country.

Prior to joining Altus, Matt was an Executive at Mortenson Development and was responsible for day to day capitalization efforts nationally. Over his tenure he raised over $600 million in debt and equity across industrial, healthcare, office and multifamily development projects. Prior to Mortenson, Matt held positions at Vennpoint Real Estate and JLL in Chicago, IL.

Matt graduated from the University of Denver with a B.S in Finance.