Stanley Iezman

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Stanley Iezman is ARA’s Chairman and Chief Executive Officer, responsible for the strategic planning and direction of ARA’s investing and operational activities. ARA is a private equity real estate firm with over $11.0 billion of assets under management in equity, debt, and preferred equity investments throughout the United States as of June 30, 2025. He […]

Kirk Helgeson

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Kirk Helgeson is ARA’s President and Chief Investment Officer, responsible for overseeing all investment and disposition activity as well as providing strategic and tactical leadership for the firm’s investment portfolios. Mr. Helgeson also manages the development, implementation, and oversight of ARA’s value-added strategy through its open-end commingled fund. Mr. Helgeson is the Chairman of the […]

Scott Darling

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Scott Darling is the Executive Managing Director of ARA and leads the firm’s Portfolio Management team. He serves as the Co-Portfolio Manager of ARA’s largest commingled fund, for which he has overseen the creation and implementation of the investment strategy since its inception in 2003. Mr. Darling also serves as a member of the firm’s […]

Jay Butterfield

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Jay Butterfield is ARA’s Executive Managing Director, Head of Business Development, responsible for directing sales, marketing, and investor relations for ARA’s real estate platform and services to the institutional investment community. Mr. Butterfield also serves as a member of the firm’s Leadership Committee. Prior to joining ARA, Mr. Butterfield was a Vice-President with Prudential Investments, […]

Kristin Adrian

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Kristin Adrian is ARA’s Co-General Counsel and Chief Compliance Officer, responsible for overseeing all legal and compliance matters within the firm, including compliance with the Investment Advisers Act of 1940, with ERISA, and with the firm’s policies and procedures. She is responsible for overseeing legal matters related to the commingled funds sponsored by ARA, for […]

Daniel S. Robinson

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Daniel Robinson is ARA’s Managing Director, Capital Markets, responsible for providing specialized real estate consulting services to institutional investors nationwide. He is also responsible for Qualified Professional Asset Manager (QPAM) services provided to Employee Retirement Income Securities Act of 1974, as amended (ERISA)-governed pension plans. Mr. Robinson oversees the origination, underwriting, and management of ARA’s […]

Martha Shelley

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Martha Shelley is ARA’s Managing Director, Co-Portfolio Manager, focusing on ARA’s largest commingled fund. Ms. Shelley shares responsibility for all components of fund management including the development and implementation of portfolio strategy, investment composition including acquisition and disposition activities, property operations, and fund data analytics in addition to serving an important role in client service […]

Nancy Stark

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Nancy Stark is ARA’s Executive Vice President, Strategic Planning, and is responsible for developing and implementing strategic initiatives and special projects for the firm. Ms. Stark is directly involved in the operational direction and tactical management of administrative functions, long-term goal planning, and firm growth and improvement for investors as well as employees. In this […]