The Park At Monument Terrace [144 Units], Temple Terrace, FL
Purchased For $5.3MM
Monument Multifamily Inverstors
Best known for his unparalleled accomplishments on the baseball field, Alex Rodriguez stands as one of the greatest athletes in the world. Through the course of his 22 year career, Mr. Rodriguez hit an extraordinary 696 home runs, has hit more grand slams than any person in history, and is one of only 29 players to join the 3,000 hit club. Mr. Rodriguez is a 3-time MVP, a 14-time all-star, and a 2009 World Series Champion with the New York Yankees.
Over the course of his iconic baseball career, Mr. Rodriguez also built a tremendously successful investment firm with the purchase of a single duplex in 2003. Mr. Rodriguez subsequently created a fully-integrated real estate investment and development firm, while managing a record-breaking baseball career. Following the company’s success in real estate, A-Rod Corp broadened its investment mandate to encompass assets across a wider array of industries, including
sports and wellness, media, and entertainment. With a flexible and opportunistic investment mandate, the firm focuses on long-term ownership opportunities, where it can add value and deliver superior, risk-adjusted returns. Today, A-Rod Corp is a fully integrated investment firm, led by Alex Rodriguez and a team of seasoned investment professionals that manages both internal and external capital and employs more than 500 people.
Mr. Rodriguez also maintains an active sports, television, and media presence. Mr. Rodriguez is currently signed with FOX, ESPN, NBC and CNBC. Notably, he joined Fox Sports as an MLB analyst in 2015, winning back-to-back Emmys with the studio team. In 2018, he joined ESPN as a broadcaster for Sunday Night Baseball, becoming the first talent to be shared by two networks during the MLB season. Rodriguez is also a guest Shark on ABC’s Shark Tank and guest host on NBC’s Today Show. In 2018, he debuted “Back in the Game” on CNBC, in which he serves as a business mentor to former athletes facing financial distress. This past year, he launched “The Corp,” a podcast with Barstool Sports’ Dan Katz that interviews industry leaders, sports legends and entrepreneurs. “The Corp” debuted as the number 1 podcast in America.
In addition to his professional endeavors, Mr. Rodriguez actively engages in a variety of philanthropic initiatives. He currently serves on the Board of Directors of the Boys and Girls Club (BGC) of Miami-Dade, is a member of the Board of Trustees for the University of Miami, and remains actively involved with Florida International University. Mr. Rodriguez is passionate about education and has sponsored college tuition for over 30 students via his scholarship program.
Mr. Rodriguez resides in Miami with his two daughters, Natasha and Ella.
Stuart Zook is Principal and COI of Monument Capital Management (MCM). He has been with the company since 2008 and has acted as the key principal on all investments since 2012. Mr. Zook brings more than 40 years of experience in property and asset management and is responsible for the overall investment and operational strategy of the companies.
Throughout his career, Mr. Zook has worked with institutional and private owners, managing portfolios that both exceeded $2 billion in value and totaled more than 40,000 units. Prior to joining MCM and MRES, he managed 10,000 units throughout the Midwest and Northeast U.S. for Equity Residential, and later focused on asset management and investment in the Southeast region. In this role, he developed and coordinated the overall investment plan for 30,000 units located throughout Florida and Georgia, valued at $1.5 billion. He was also responsible for coordinating the due diligence process on acquisitions and managing ongoing capital plans.
Mr. Zook earned a Bachelor of Science from Northern Illinois University and his MBA from Florida Atlantic University. He holds the Real Property Administration designation from the Building Owners and Managers Institute and has served on the boards of various local apartment associations.
J. Roy Reese is Vice President of Investments/Asset Management of Monument Capital Management (MCM) and Monument Real Estate Services (MRES). In this role, he is responsible for originating, researching, underwriting, acquiring, financing, managing and disposing of the firm’s portfolio of properties. Mr. Reese is also charged with creating an investment business plan and asset management strategy, including identifying and implementing additional sources of revenue and value enhancing capital improvement programs, while monitoring the properties’ adherence to operating budget and capital expenditures.
Mr. Reese previously worked as an investment and development analyst for Terranova Corporation, and has more than 20 years of experience in real estate investing, lending, and management, analyzing more than $4 billion in multifamily, retail and office properties, including underwriting, abstracting leases, structuring waterfalls, securing financing, conducting budget/variance analysis and CAM reconciliation, overseeing lease approvals, negotiating vendor contracts and preparing closing statements and pre- and post-closing balance sheets.
Mr. Reese earned his bachelor’s degree in finance and accounting from Wharton School of Business at the University of Pennsylvania and completed the American Economic Association National Honors Ph.D. Program at Stanford University.
Jackson Harper is Senior Vice President of Asset Management for Monument Capital Management (MCM) and Monument Real Estate Services (MRES). Mr. Harper has 20 years of experience in the real estate industry that includes $2.5 billion in multifamily investment activity and management of over 35,000 units.
He oversees the investment performance of the company’s assets and advises on financing, acquisition, disposition and capital improvement strategies. He also manages MCM’s property and casualty insurance program.
Prior to joining MCM, Mr. Harper worked in the commercial real estate finance division of Gibraltar Bank where he was responsible for analyzing financial data and structuring commercial credit facilities, including multifamily, retail, office, warehouse and construction loans. He earned his bachelor’s degree from The University of the South – Sewanee and is a licensed real estate sales associate in the state of Florida.
Gerardo Gato is Executive Vice President of Monument Capital Management (MCM) and Monument Real Estate Services (MRES) where he has been integral in the financial management of over $500 million of real estate investments. In his role, Mr. Gato leads the company’s finance team, including accounting, treasury, fund administration and investor reporting. He also oversees human resources and IT.
Prior to joining MRES and MCM, Mr. Gato was the CFO for the Adler Group and its subsidiaries, directing the finance and accounting activities for an 8.5-million-square-foot commercial real estate portfolio.
Mr. Gato has also managed accounting and other functions for significant real estate portfolios owned by nonprofit organizations. In addition to handling accounting and finance for more than $200 million in South Florida real estate for Catholic Charities of the Archdiocese of Miami, he served as Vice President of Finance and Operations for South Miami-based Fellowship House.
Mr. Gato earned a master’s degree in international real estate and a bachelor’s degree in finance from Florida International University and is an Argus Certified Professional.
Erin Knight is President of Monument Capital Management (MCM). Ms. Knight brings over 20 years of diversified experience within the financial services arena.
She oversees the Investor Relations Division at Monument, leading investor relations for the firm’s current and future real estate funds. Additionally, she oversees Monument’s overall growth strategy and community relations.
Prior to joining the firm, Ms. Knight held executive positions at several regional banks, most recently as Area President for one of the organizations, overseeing over $1 billion in loan portfolios comprised of corporate and real estate facilities.
Ms. Knight brings experience and expertise in risk analysis and management, underwriting and portfolio management. In addition, she is a Certified Financial Planner ™ and holds a Series 7 license.
She is a graduate of the Florida State University.
Ramon “Ray” Corona was a founding partner of HealthSun Health Plans, a Medicare Managed Care Organization, and Wellmax Medical Centers both located in South Florida. He was also a founder of EasyScripts, a pharmacy created to service the members of Health Plans
Parallel to his corporate business enterprises, he has been an active real estate investor and developer. Mr. Corona has acted as the Key Principal for all of Monument’s agency loans and has contributed to the development of Monument’s Fund and Joint Venture platforms. Apart from Monument, he provided the primary equity to a partnership that developed two successful student housing properties located near Florida International University.