Bill Newsome has had a nearly 30-year career in commercial real estate. Since the mid-1990s, he has managed the operations of Newsome Development and Investments (NDI) and its predecessor, Southwind Capital. Newsome has overseen the company’s growth in student housing, multi-family and healthcare properties to a regional platform, in addition to transactions in selected national markets.
Newsome’s finance and development background has helped shape a boutique development company which has established niches in specific real estate classes. NDI’s student housing experience has allowed it to create strong developments in that sector. Newsome’s expertise has also facilitated institutional transactions with multiple university and hospital clients. His relationships have also resulted in transactions with companies in the energy and finance industries. While NDI has stayed within its primary business lines, the hallmark of the company has been an entrepreneurial approach, making each transaction unique.
Newsome started his development career with Hock Development Corp, based in Durham, NC. He oversaw development of one of the preeminent medical office parks in the Research Triangle area, and handled multiple build-to-suit healthcare relationships, including Duke University.
Prior to starting his development career, Newsome was in corporate banking with InterFirst Bank in Dallas and Wachovia (First Union) in North Carolina. Newsome holds BS and MBA degrees at University of Kansas. He and his wife, Tecile, have four children and reside in Lawrence, KS.
John joined NDI in 2014 and is the lead for the development of all of our new student housing investments. He heads up all efforts for land acquisition, entitlements, pro forma development and delivery, as well as design and construction.
Prior to joining NDI, John spent 13 years with Turner Construction in various roles ranging from project management, superintendent, preconstruction, and business development. John’s projects at Turner included both public and private experience that included both student housing and multi-family developments along with a heavy focus on healthcare and hospital projects over the last 6 years. His past experience in strategic partnerships and risk management of the design and construction process helps us structure our deals to ensure favorable outcomes.
John received his BS and MS in Engineering from the Missouri University of Science & Technology, is currently completing his MBA at the University of Kansas with a focus on Investments, and resides in Olathe with his wife and daughter.
Casey joined Newsome Development and Investments in 2008, and has a variety of experience in finance, acquisition/disposition, development, and asset management. To date, he has been involved in transactions totaling close to $200M. On a day-to-day basis, he is engaged in the various financial aspects of managing NDI’s portfolio of assets, as well as supporting new development efforts and expansion in to new markets.
Casey builds and oversees NDI’s financial modeling on the property and portfolio level, and through detailed and collaborative sensitivity analysis, works closely with principals to help structure transactions according to their specific aspects. He works to achieve financial efficiency throughout the sourcing, market analysis, underwriting, due diligence, capital structuring, closing, on-going operations and exit strategies of each deal.
Prior to joining Newsome Development and Investments, Casey was heavily involved in family-owned business interests in an entrepreneurial role, helping to manage growth in lines of business as well as online presence. Casey earned a Bachelor’s of Science in Finance from Kansas State University, and resides with his wife in Topeka, KS.
Jennifer joined NDI in 2016. She is the accountant for the Texas student housing property management operations in Waco and Fort Worth.
Jennifer oversees NDI Management’s general ledger accounting functions, including compiling financial statements, payroll, tax correspondence, accounts receivable/payable, and cash flow analysis. She works with the company’s Texas and Kansas CPA firms to provide shareholder assurance and tax compliance.
Prior to joining NDI, Jennifer provided accounting services for multi-family residential and commercial property management, CIP, non-profit, and small business management. Jennifer received a Bachelor’s of Science in Accounting from Emporia State University, and resides with her family in Lawrence, KS.
Laura joined Newsome Development and Investments in 2019. As the Administrative Manager she oversees NDI’s administrative operations and provides executive support to Bill Newsome. Her duties include accounts payables, receivables and payroll. She supports the company’s development activities through administration of construction loan draws, coordination with consultants, and assistance with due diligence matters.
NDI provides asset management services to its related commercial real estate portfolio, and Laura handles coordination on the debt and equity sides, including communication with lenders and management of reserves.
Prior to joining NDI, Laura spent 15 years at the University of Kansas in administrative support and project coordination roles, and 6 years at Sprint as a program manager. Laura graduated from the University of Kansas with a Liberal Arts bachelor’s degree and holds certifications in Project Management and Lean Six Sigma. Laura resides in Lawrence, KS with her dogs and cats.
Jake joined NDI Management in 2019 as Director of Property Management. He oversees the property management of the company’s student housing operations in Texas at Texas Christian University (TCU), Baylor, as well as our upcoming development projects in East Texas and stabilized community in New Mexico. The Village East operation at TCU is the second largest off-campus student housing development serving that market.
With 10 years experience in property management, customer service, and problem solving, Jake is also proficient with lease management software, sales, and marketing for both lease up developments and stabilized properties in multiple states and markets. He is also fluent in Spanish and studied abroad at the University of Salamanca Spain.
Prior to joining NDI, Jake was employed by Wood Residential Partners, with holdings in Arizona and Texas, as a property director. He started his career in property management with Alliance Residential in Phoenix, AZ where he quickly moved up from Leasing Professional to Property Manager. He also co-owned several cellular franchises in Southern California as well as the area development rights throughout the San Bernardino and Inland Empire counties. He graduated from Scottsdale Community College with an associate’s degree in Business.
Jake currently resides in Fort Worth, Texas with his wife and three children and English Bulldog-Primrose.