Team
Creating the greatest value for its partners and investors by drawing on the team's
extensive industry experience and established capital relationships.
Matt Shulman
CEO | V-Card
Matt Shulman is the CEO of The Ardent Companies (“Ardent”) and the CEO of each of the General Partner and the Advisor. Prior to forming Ardent, Matt Shulman was a Managing Director with Rialto Capital where he managed an origination platform for equity investments across Rialto’s strategies. In that role, Matt oversaw deployment of capital into deals varying from performing and non-performing loans, equity investments directly in real estate, and recapitalization of existing sponsors. Prior to Rialto, Matt was a founding partner at Fairway Capital Partners – a real estate investment firm founded in 2007.
He actively serves on the boards of the Atlanta Real Estate Collaborative in addition to serving as President of The Epstein School board. Matt formerly served on the boards of Open Doors Atlanta, Usher 1F Collaborative, Jewish Federation of Greater Atlanta and Children’s Healthcare of Atlanta ELC board. Matt is a member of YPO and a graduate of the Wexner Institute. He received a Bachelor of Arts in Political Science from the University of Arizona and a Master of Science in Real Estate Finance from New York University. After graduate school, Matt served as an adjunct professor of Real Estate Finance at his Alma Mater NYU.
Dror Bezalel
CFO | V-Card
Dror Bezalel is the Chief Financial Officer of The Ardent Companies, as well as the CFO of each of the General Partner and the Advisor. Prior to forming Ardent, Dror was a principal and COO/CFO at Anthem Capital Partners, a Georgia-based distressed debt real estate fund. His primary responsibilities included asset management, investor relations, and financial oversight and reporting. Prior to Anthem, Dror worked as the COO at Fairway Capital Partners, a New York-based distressed debt real estate firm. While at Fairway Capital Partners, he oversaw the servicing, management, and disposition of a portfolio of non-performing loans and assets, in addition to investor relations and day-to-day operations of the firm. Prior to Fairway Capital Partners, Dror was a senior CMBS underwriter at Morgan Stanley, where he underwrote more than two billion dollars of commercial real estate loans. Dror has been working in commercial real estate for more than 15 years and his experience includes commercial appraisal, commercial leasing, asset management, and disposition. He received a Bachelor of Science in Business Management from The College of Management Academic Studies in Israel and a Master of Science in Real Estate Development and Finance from New York University.
Gregg Goldenberg
Vice Chairman | V-Card
Gregg Goldenberg is a Partner at The Ardent Companies. Prior to Ardent, Gregg was the former President and CEO of Acadia Homes & Neighborhoods, which was acquired by Taylor Morrison in January of 2016 for $85 million. Gregg has more than 25 years of experience in various leadership roles in the homebuilding and land development business. Acadia began operations in 2010, and by 2013 it was recognized as Atlanta’s 5th fastest growing privately-held company and ranked as the 10th largest homebuilder. Prior to Acadia, Gregg started his own development company that identified, entitled, purchased, and developed residential communities for regional builders and housing giants like Beazer Homes and the Ryland Group. Prior to starting his own venture, Gregg was Senior Vice President of the Southeast Region at Morrison Homes. He oversaw and managed all the land acquisition, homebuilding, and mortgage finance operations in Atlanta, Jacksonville, Orlando, Sarasota, and Tampa. Gregg and his management team closed over 2,100 homes for $510 million in revenue, and purchased over 4,000 residential lots in 2004. Gregg received a Bachelor of Science in Commerce from the University of Virginia and a Master of Business Administration in Real Estate Finance from The University of North Carolina at Chapel Hill.
Todd Terwilliger
President | V-Card
Todd Terwilliger is a President at The Ardent Companies and the Head of Residential Real Estate. Prior to forming Ardent, Todd was a Managing Director at Rialto Capital where he and his team managed the Southeastern U.S. Real Estate portfolio. In addition to real estate operations, his team was also involved in all underwriting for non-performing loan acquisitions and direct real estate investments across Rialto’s platform. Prior to Rialto, Todd had a strategic partnership with Fairway Capital in a venture that acquired distressed loans from commercial banks secured by real estate throughout the Southeast. Before the venture with Fairway, he was Vice President of Land Acquisition and Development at Pulte Homes Corporation where he managed site selection, contract negotiation, and planning and forecasting for the Pulte and Del Webb branded communities. Todd received a Bachelor of Science in Engineering Technology from the University of Dayton Ohio and a Master of Business Administration from Georgia State University.
Thomas Olson
Partner | V-Card
Thomas Olson is a Partner at The Ardent Companies. Thomas focuses on platform partnerships, innovative strategies and capital markets. Prior to Ardent, Thomas was a Partner and CFO of Acadia Homes & Neighborhoods, a sister company of Ardent, where he directed the company’s financial strategies, corporate policies, risk management, and investments. Thomas has over two decades of experience in both building businesses and real estate investment. He has held leadership roles at notable firms such as Hines, Resource Real Estate Partners, and Warren-Hanks. Thomas serves on the Board of Directors of an Atlanta based homebuilding company, Direct Residential and niche medical technology company, ViveBio Scientific. Thomas is a Board Member of Children’s Healthcare of Atlanta’s Sports Network Advisory Board and an active contributor to the “Carter Samuel Martin Developmental Therapeutics Research Fund”. Thomas is a native of Apple Valley, Minnesota and a graduate of the University of Wisconsin-Eau Claire with a Bachelor of Business Administration in Corporate Finance.
Michael DeGance
Partner | V-Card
Michael DeGance is a Partner at Ardent. Michael is responsible for investor relations, financial reporting, and fundraising. Prior to joining Ardent in November 2012, Michael worked at Morgan Stanley Real Estate Advisors, where he worked on a $10 billion open-end core real estate fund. In his role, he managed a team of associates on the financial and investor reporting for the fund. Prior to Morgan Stanley, Michael worked at PricewaterhouseCoopers in the assurance and advisory practice. Michael is graduate of the Terry School of Business at the University of Georgia where he received a Bachelor of Business Administration in both Real Estate and Accounting.