Our Investment Team

Robert Clark
Founding Partner, Chief Investment Officer
Mr. Clark is a founding partner and Chief Investment Officer of Domain Real Estate Partners with responsibility for day-to-day oversight of all investment decisions. Bob works closely with Domain's homebuilder partners and investors to design tailored investment structures, solve problems, and build lasting partnerships. Prior to launching Domain in 2015, Bob co-founded DW Partners in 2009, where he led the corporate credit team investing in performing and distressed corporate debt. Prior to DW spinning out of Brevan Howard, Bob was a portfolio manager at Brevan Howard in 2008, and prior to that he held various roles in corporate credit at Morgan Stanley. He holds an A.B. in Mathematics, magna cum laude, from Princeton University (2001).

Joel Kaul
President
Mr. Kaul joined Domain in 2021 to lead the firm's deal sourcing effort and was named President in January 2024. He is primarily responsible for sourcing, underwriting, and managing homebuilding and land development investment opportunities, drawing on deep relationships with the top U.S. homebuilders and developers and a working knowledge of the top 25 U.S. housing markets. Joel has helped structure a wide range of debt, equity, and land banking investments over his 20-year tenure in the residential housing industry. Prior to Domain, Joel worked at Mountain Real Estate Capital, LLC (2009–2021), where he led MREC's equity investment strategy, and previously at GMAC Residential Capital Corporation, Naterra Land, and Ernst & Young. Joel holds a B.S. in Finance and Accounting from the University of Wisconsin, La Crosse.

Scott Shipley
Senior Managing Director
Strategic Initiatives and Real Estate Credit
Mr. Shipley joined Domain in May 2026 as a Senior Managing Director, Strategic Initiatives and Real Estate Credit, bringing over 25 years of real estate experience. He plays a key role in supporting the continued growth of the firm's platform and expanding Domain's acquisition and development lending initiatives. Prior to joining Domain, Scott spent over 20 years at Lennar and Rialto Capital, most recently as Senior Vice President and Co-Head of Lennar's National Land Finance Group, overseeing the execution and financing of Lennar's strategic off-balance sheet land initiatives. Scott holds a B.S. in Business Administration from the University of Delaware and an MBA from the University of Miami, and is a member of the Urban Land Institute's Community Development Council.

Brian Clauson
Managing Director
Asset Management
Mr. Clauson joined Domain in 2022 to lead the firm's asset management efforts, including update calls with homebuilder partners and borrowers, monitoring development progress and sales performance, overseeing draw and takedown processes, and supporting investor relations with portfolio updates. Prior to Domain, Brian spent two decades at Mountain Real Estate Capital and GMAC/Residential Capital Corporation. He holds a B.A. in Business/Economics from the University of Minnesota-Morris.

Tim Brown
Managing Director
Asset Management
Mr. Brown joined Domain in 2025, bringing more than 25 years of experience in land development and homebuilding. As a member of the asset management team, Tim monitors the firm's portfolio and works closely with homebuilders and developers to track project performance. Tim is a licensed builder and real estate broker in the state of Minnesota, and holds a B.S. in Construction Administration and a Master's degree in Real Estate and Urban Land Economics, both from the University of Wisconsin–Madison.

Bruce Rau
Managing Director
Land Development
Mr. Rau joined Domain in November 2025, bringing over 30 years of real estate and land development experience, brought on to build out the firm's in-house land development capabilities. Prior to joining Domain, he served as President of Land and Executive Committee member at Oakwood Homes, overseeing land acquisition, entitlement, development, and sales across Colorado, Utah, and Arizona, including seven master-planned communities totaling more than 25,000 planned home sites. He holds a B.S. in Landscape Architecture from Kansas State University.

Ethan Baer
Managing Director
Originations
Mr. Baer has been a key contributor at Domain since joining the firm in 2016. His responsibilities include sourcing, underwriting, and structuring both land bank and secured loan transactions, and he plays an integral role in developing and maintaining relationships with the firm's builder partners. Prior to Domain, Ethan held roles supporting residential asset-backed investment strategies at JP Morgan and Goldman Sachs. He holds a B.S. in Finance from Lehigh University and is a CFA charterholder.

Chris Bornemann
Managing Director
Originations
Mr. Bornemann joined Domain in 2021 to focus on deal sourcing, particularly with land developers, and manages relationships with the largest builders, developers, and banks. Prior to Domain, Chris held directorship roles at Sentanta Development Capital and Spire Residential, and worked as Director of Acquisitions at Mountain Real Estate Capital (2012–2019). He holds a B.S. in Finance and Marketing and an M.B.A. with a concentration in Real Estate from Monmouth University.

Dan Kimmel
Managing Director
Originations
Mr. Kimmel joined Domain in 2021 after five years working for two public homebuilders. He serves as a deal lead for new investment opportunities and works closely with Bob Clark on capital raising and strategic initiatives, remaining actively involved in underwriting, operations, asset management, and investor reporting. Prior to Domain, Dan worked at Landsea Homes Corporation and began his career at Hovnanian Enterprises. He holds a B.A. in Economics from Lafayette College.

John Kusiak
Investment Associate
Mr. Kusiak joined Domain in 2024 to focus on asset management, new deal underwriting, operations, and investor reporting. Prior to Domain, John worked at Bedrock Communities as an acquisitions and asset management analyst, helping oversee the deployment of over $120mm in capital. He holds a Master's in Real Estate Finance from NYU and a B.A. in Economics from Bucknell University.

Thomas Hummel
Investment Associate
Mr. Hummel joined Domain in 2025 and is involved in underwriting, asset management, investor reporting, and due diligence across the firm's residential investment strategies. Before joining Domain, Thomas worked at Essential Housing Company, a TPG–Angelo Gordon platform, where he closed over $1 billion in land banking investments, and earlier supported land acquisition and entitlement efforts at Lennar. He holds a B.S. in Marketing and Entrepreneurship and an M.B.A. from Liberty University.

Alok Abhilash
Investment Associate
Mr. Abhilash joined Domain in 2025 to focus on asset management, new deal underwriting, operations, and investor reporting. Prior to joining Domain, Alok worked at Lennar (2023–2025), where he was responsible for underwriting deals with total capital outlay in excess of $1bn for the Chicago division and led the division's land banking and developer deal structuring initiatives. He holds a B.A. in Economics and History from the University of Michigan.

Weston Kerekes
Quantitative Analyst
Mr. Kerekes joined Domain in 2026 as a Quantitative Analyst focused on the U.S. housing sector. His work involves statistical modeling and data analysis related to housing supply, affordability, and price dynamics, incorporating demographic and labor market trends into demand forecasts and producing data-driven reports for Domain employees and investors. Prior to joining Domain, Mr. Kerekes worked at Bayview Asset Management focused on loan-level mortgage prepayment modeling. He holds a B.A. in Mathematics from Yale University.
Our Business & Investor Relations Team

Houdin Honarvar
Partner, General Counsel & Chief Compliance Officer
Mr. Honarvar joined the firm in April 2017 as the General Counsel and was later appointed Chief Compliance Officer. Previously, he spent nine years at Taconic Capital Advisors LP, most recently as Deputy General Counsel. Houdin joined Taconic from Mayer, Brown, Rowe & Maw LLP in New York, where he spent six years as an associate advising hedge funds, private equity funds and investment advisors. Houdin holds a BA in Political Science from the University of California, Los Angeles and a JD from the Fordham University School of Law.

John Mackin
Partner, Head of Business Development
Mr. Mackin joined the firm in May 2017 and leads new business development. For over two decades, he has focused his efforts on smaller alternative investment specialists, most recently at Protégé Partners where he completed his tenure as President. John began working in alternatives at Lazard Asset Management, completing his eight years at the firm as the Co-Head of Alternative Investments Marketing for the Americas. The first ten years of his career were spent at MetLife, where he worked as an Analyst and Assistant Portfolio Manager in their Real Estate division followed by client service and sales directorship positions in MetLife's Pension Group. John has an M.B.A. in Finance from Fordham University and a B.A. in Economics from Bates College. He is also a CFA charter holder.

Marc Valdes
Partner, Chief Operating Officer
Mr. Valdes joined the firm in May 2015, leading the development of infrastructure and operational processes following its separation from Brevan Howard. Previously, Marc spent nine years as Deputy Head of Operations at BlueMountain Capital Management, where he played a key role in scaling its operational platform as assets grew from $2 billion to $20 billion. He began his career as an Analyst in Deutsche Bank's Graduate Training Program. Marc holds a BA in Economics from Rutgers University.

Robert Manley
Chief Financial Officer
Mr. Manley joined the firm in March 2017. Prior to joining the firm, he spent nine years at Marathon Asset Management where he was responsible for all accounting, financial reporting, and operations functions for Marathon's Structured Credit and Commercial Real Estate funds. Prior to Marathon, Rob spent three years as an Assistant Vice President with Ambac Financial Group, a monoline bond insurer, where he was responsible for all accounting and financial reporting for Ambac's portfolio of credit derivatives. Prior to Ambac, Rob spent five years in public accounting with KPMG and Deloitte & Touche, respectively. Rob earned a BBA and MBA in Accounting from Siena College. He is a licensed CPA in New York State.

Danielle Engelman
Deputy General Counsel, Managing Director
Ms. Engelman joined Domain in 2018. As Deputy General Counsel and Managing Director, Danielle advises on all legal matters for the firm, with a specific focus on investments and transactions. In this role, she works closely with the investment team on deal structuring, transaction documentation, and risk management. Prior to joining Domain, Danielle was an associate in the real estate department at Proskauer Rose LLP, where she represented clients on a wide range of transactions including acquisitions, financings, and joint ventures. Prior to joining Proskauer, Danielle completed a clerkship for the Hon. Eric L. Clay on the U.S. Court of Appeals for the Sixth Circuit. She received her J.D., magna cum laude, from Washington University School of Law and her B.A., summa cum laude, from Emory University. Danielle is admitted to the New York State Bar.

Meaghan Mahoney
Investor Relations
Ms. Mahoney rejoined Domain in October 2023 and works across the firm's investor relations, fundraising, and marketing functions. She collaborates closely with senior leadership to manage relationships with prospective and existing investors while supporting initiatives that contribute to the firm's continued growth. Prior to rejoining Domain, Ms. Mahoney was a Compliance Consultant at Optima Partners, where she partnered with primarily hedge fund and private equity clients to provide regulatory compliance guidance and develop and implement compliance programs. Ms. Mahoney began her career at Domain in July 2015 as a Compliance Associate, where she supported the firm's legal, compliance, operational, and asset management functions during its early growth before departing in January 2020. Ms. Mahoney received her B.S. in Finance from Providence College.

Alyssa Julian
Associate General Counsel
Ms. Julian joined Domain in 2026 as Associate General Counsel. Ms. Julian advises on all legal matters for the firm with a specific focus on securities and debt finance transactions. Prior to joining Domain, Alyssa was a Corporate Finance & Securities Associate at Milbank LLP, where she represented issuers, underwriters, and other financial institutions in a broad range of domestic and cross-border capital markets transactions, including debt and equity offerings, private placements, restructurings, and acquisition financings. In that role, she also advised public and private company clients on SEC reporting and compliance, securities laws, disclosure and risk management, capital raising strategy, and transaction execution. Alyssa received her J.D. from Vanderbilt University Law School, where she graduated with a Law and Business Certificate. She received her B.S. in Public Affairs, summa cum laude, from Indiana University Bloomington. Alyssa is admitted to the New York State Bar.

Krystal Lara
Investor Relations Associate
Ms. Lara joined Domain in 2025 as an Investor Relations Associate, where she manages investor communications, reporting, and capital flows while supporting the firm's fundraising and marketing. In this role, she works closely with the firm's fund administrator and collaborates across the investment, legal, and compliance teams to support investor servicing and operations. Prior to joining Domain, Krystal was an Investor Relations Associate at Pembrook Capital Management, LLC, where she served as the primary point of contact for institutional investors and RIA inquiries. Krystal received her B.A. in Sociology with a concentration in Law from Northwestern University, where she also minored in the Business Institutions Program and Legal Studies.