Our People

We believe great companies aren’t defined by their areas of expertise — they are defined by their people. At every level, our teams collaborate to provide creative solutions.

Our People

Andrey

Technology

Our People

Desiree

Contact Center

Our People

Krusha

Legal

Our People

Derrick

Contact Center

Our People

Maria

Chicago Field

Our People

Megan

Marketing

Our People

Vanessa

Operations

Our People

Jay

Indianapolis Field

Our People

Aaron

Finance

Our People

Ashley

Accounting

Andrey

Technology

Andrey's Two Cents: It’s truly a team environment, where professionals become friends.

Desiree

Contact Center

Desiree's Two Cents: At Pangea, we always find a way to keep things interesting.

Krusha

Legal

Krusha’s Two Cents: I’ve always worked for large corporations, so it is refreshing to see individual recognition.

Derrick

Contact Center

Derrick’s Two Cents: I am excited and pleased to be apart of Pangea’s management team! Pangea affords me the opportunity to make a difference in our prospects life and overall prospects experience.The Best part of coming to work is working with an Employer you enjoy working for.

Maria

Chicago Field

Maria's Two Cents: I like working with Pangea because we provide housing for people's needs. We're able to narrow down the specifics until they find something that suits their needs.

Megan

Marketing

Megan's Two Cents: Working at Pangea means camaraderie, the ability to get along as a group and complete any task asked of us.

Vanessa

Operations

Vanessa's Two Cents: Operations works with every department of the company to make sure our residents have the best living experience possible. From addressing resident concerns to taking care of our properties we are the front line of operations

Jay

Indianapolis Field

Jay's Two Cents: My colleagues are what I love about Pangea. We celebrate each other’s personal and professional accomplishments.  In time of need we are always there for each other.

Aaron

Finance

Aaron's Two Cents: My work experience at Pangea has been representative of the company as whole. The people are friendly and passionate about their work, we have fun and we work hard to get things done.

Ashley

Accounting

Ashley’s Two Cents: At Pangea we are stretched to create and deliver solutions for our colleagues and Pangea residents. New ideas and strong execution always win out over the status quo.

Our Leadership

Leadership – Top

Pete Martay

Chief Executive Officer

Leadership – Top

Pat Borchard

Chief Financial Officer

Leadership – Top

Derek Reich

Chief Operating Officer

Pete Martay

Chief Executive Officer

Pete joined Pangea in 2009 as the company’s fifth employee and currently serves as Chief Executive Officer of Pangea Properties. Prior to joining Pangea, Pete served as Vice President at Bernstein Global Wealth Management from 2005 to 2009. He also worked as an associate for Chicago-based private equity firm, Glencoe Capital from 2002 to 2004. Pete started his career in investment banking at Deutsche Bank, as part of the Leveraged Finance Group. He received his B.B.A. from the University of Michigan’s Stephen M. Ross School of Business. In his free time, Pete enjoys fly fishing, hiking, skiing, and spending time with his wife and kids.

Pat Borchard

Chief Financial Officer

Patrick is currently CFO of Pangea Properties overseeing the financial, HR, risk management and investor relations functions of the business. Patrick joined Pangea in 2009 as a Principal in its first fund, Pangea Equity Partners, LP. Prior to joining Pangea, he served as both Director of Finance and Senior Director of US Operations at CashNetUSA, now Enova International. He has also worked in leadership positions for Alvarez & Marsal and PricewaterhouseCoopers. Patrick is a CPA and has BBAs in Accounting and Finance from the University of Notre Dame. In his free time, Patrick is involved with the Notre Dame Club of Chicago and enjoys art, playing guitar, cooking and spending time with his wife and two daughters.

Derek Reich

Chief Operating Officer

Derek Reich joined Pangea Properties in 2012 and is currently Chief Operating Officer. In that role, Derek oversees Pangea’s operational strategy teams as well as third party management and construction. Prior to joining Pangea, Derek worked in various roles at the Superfund Group, including overseeing trade execution and managing broker relationships. Derek received his B.A. from the University of Chicago and his law degree from The John Marshall Law School. In his free time Derek enjoys traveling, playing basketball, and spending time with his family.
Leadership – Bottom

Arun Das

Head of Marketing & Technology

Leadership – Bottom

Scott Larson

Managing Principal (PMC)

Leadership – Bottom

Mary Fitzpatrick

Director of Human Resources

Arun Das

Head of Marketing & Technology

Arun joined Pangea in 2012 and currently serves as its Head of Marketing & Technology, developing and executing strategy for a portfolio of over 13,000 units and growing along with Pangea’s 3rd party property management, lending and construction businesses. Prior to joining Pangea, Arun was the Media Solutions Manager for a portfolio of large-scale automotive clients at Facebook as well as the Digital Marketing Manager for all markets at Enova International. Arun has a BA in Telecommunications with a cognate in Business from Michigan State University. He follows Detroit sports teams, but the Cubs have grown on him.

Scott Larson

Managing Principal (PMC)

Scott Larson joined Pangea Properties in 2011 and currently serves as Managing Principal of Pangea Mortgage Capital. Prior to joining Pangea, Scott was a Private Equity Associate for American Capital, a global private equity fund with $23 billion in assets. Scott started his career in investment banking at Deutsche Bank, as part of the Industrials group. He received his B.S. in Finance from the Kelley School of Business at Indiana University and his M.B.A. from The Kellogg School of Management at Northwestern University. In his free time, Scott enjoys golfing, skiing, and watching rugby.

Mary Fitzpatrick

Director of Human Resources

Mary Fitzpatrick joined Pangea Properties in 2020 and serves as Director, Human Resources. Prior to joining Pangea, Mary worked in the healthcare real estate industry and held various HR leadership positions at Pathway to Living, Ventas, Inc., and Lillibridge Healthcare Services. Mary started her career at Lillibridge and ultimately led the HR function, through times of acquiring other companies and ultimately being acquired. She received her B.A. from DePaul University. Mary enjoys city life, entertaining with her husband in their home, and traveling.

Board of Directors

Board of Directors

Al Goldstein

Co-Founder & Executive Chairman of the Board

Board of Directors

Norman Bobins

Board Member

Board of Directors

Errol R. Halperin

Board Member

Board of Directors

Eric M. Rychel

Board Member

Board of Directors

Jared Hade

Board Member

Board of Directors

Pamela Daniels-Halisi

Board Member

Al Goldstein

Co-Founder & Executive Chairman of the Board

Al Goldstein is the co-founder and CEO of AvantCredit.com, one of the fastest growing national online providers of consumer loans. By utilizing advanced algorithms and machine-learning capabilities, AvantCredit offers a unique and highly customized approach to the personal loan process. After securing more than $500 million in funding, AvantCredit was the most funded company in Chicago in 2014. The company has issued more than 90,000 loans operating in 46 U.S. states and in the United Kingdom under the brand SpringCoin.co.uk. Prior to AvantCredit, Al co-founded Pangea Properties, a private REIT invested in distressed and value-add multi-family properties in the Chicago, Indianapolis and Baltimore markets. Al was co-founder, President and CEO of CashNetUSA, now Enova International, from 2004 until 2008, after selling to Cash America International in 2006. Prior to that, he was part of Deutsche Bank’s Leveraged Finance practice in New York and worked on various secured and unsecured leveraged debt transactions. Al is also an active member of the Young Presidents Organization (YPO) and America Israel Public Affairs Committee (AIPAC) and spends time mentoring young entrepreneurs. He received a Bachelor of Science in Finance with a Mathematics Minor from the University of Illinois where he graduated with High Honors and is a CFA charter holder.

Norman Bobins

Board Member

Since 2008, Non-Executive Chairman of The PrivateBank and Trust Company – Chicago (a financial services company) and Chief Executive Officer of Norman Bobins Consulting, LLC (a financial consulting company). From May 2007 until October 2007, Chairman of the Board of LaSalle Bank Corporation. From 2002 to 2007, President and Chief Executive Officer of LaSalle Bank Corporation. Other current public company directorships: Omega Healthcare Investors, Inc. and PrivateBancorp, Inc. Other public company directorships held in the past five years: AGL Resources Inc., Aviv REIT, Inc., Nicor Inc. and SIMS Metal Management Limited. Director Qualifications: The Board of Directors concluded that Mr. Bobins should serve as a director of the Company based on his 45 years of banking experience, his financial and accounting knowledge, his service as a director of other public companies, and his civic involvement and business acumen as a director of numerous not-for-profit organizations.

Errol R. Halperin

Board Member

Errol R. Halperin, J.D., L.L.M. has been a senior partner and co-chair of the real estate capital markets group of DLA Piper since January 1979 until December 2013. At the present time, Mr. Halperin is a senior strategic advisor to DLA Piper (U.S.). In his practice, Mr. Halperin has provided general business advice to clients in a broad range of sectors, including the manufacturing, real estate industry and real estate investment trust industry. Mr. Halperin’s practice was concentrated in the areas of mergers and acquisitions, corporate law, international transactions, real estate law and federal income tax law. Mr. Halperin has also served on the board of Equity Residential, a public REIT, and private company boards. Currently, he is a director of Elkay Manufacturing Company, a privately held corporation, and Vital Therapies, Inc., a public biotherapies company. He also currently serves as a director of other late stage private venture companies, including Linq3 Technologies LLC and Restorsea Holdings, LLC. Before joining DLA Piper, from June 1972 to January 1979 he was legislation counsel of the Joint Committee on Taxation of the United States Congress; and was an assistant branch chief of the Legislation and Regulations Division of the Chief Counsel for the Internal Revenue Service from June 1968 to June 1972. Mr. Halperin earned a B.S. and a J.D. from DePaul University and an L.L.M. in taxation from New York University.

Eric M. Rychel

Board Member

Eric M. Rychel currently serves as the Chief Financial Officer for Pike Corporation, a leading provider of turnkey engineering and construction solutions for electric and gas utilities, as well as telecommunications companies. Mr. Rychel was previously senior vice president and Chief Financial Officer at Aleris with responsibility for treasury, strategy, corporate development and investor relations. Mr. Rychel also held the position of managing director in the Industrials Group at Barclays Capital, Inc., where he initiated its Metals industry banking effort as the global head of Steel and Metals corporate finance coverage. Prior to that, Mr. Rychel was a managing director at Deutsche Bank Securities, Inc., from 1998 to 2009, where he ran the Metals industry investment banking effort. Mr. Rychel began his career as an analyst at LSG Advisors, an M&A boutique and predecessor to SG Cowen. Mr. Rychel has a bachelor’s degree from The Wharton School of the University of Pennsylvania.

Jared Hade

Board Member

Jared Hade is the Chief Financial Officer at BAM and is a member of the firm’s Management Committee. Jared oversees the Corporate Strategy, Treasury, Portfolio Finance, Accounting & Tax groups at BAM. He joined the firm in June 2006 as an Analyst managing allocations to external Hedge Fund Managers. Prior to BAM, his experience includes many years within private equity and corporate finance for various companies in Chicago, including Merrill Lynch, Arthur Andersen and Invenergy. Jared received his Bachelor of Science in Actuarial Science from the University of Illinois at Urbana-Champaign and a Master of Business Administration from the University of Chicago.

Pamela Daniels-Halisi

Board Member

Pamela Daniels-Halisi is Managing Director of Community Lending at BMO Harris Bank, N.A. and President of BMO Harris New Markets Fund, LLC.  She is passionate about encouraging investment in urban neighborhoods and increasing affordable housing opportunities throughout the community.  Prior to her current position, she held leadership positions in Community Development Lending and Investments at The PrivateBank, Bank of America and LaSalle Bank, N.A. Raised in Nashville, Tennessee, Daniels-Halisi attended University of Tennessee and Indiana University where she received a B.S in Business Administration and a M.B.A, respectively. She serves on the board of directors of Leap Learning Systems, Business & Professional People for the Public Interest (BPI) and co-chairs the Housing and Community Development Committee of Metropolitan Planning Council (MPC).