DBC Real Estate Management Team

John M. Hess, Victor D. Son and Tonaus John serve as the officers and the executive committee of DBC Real Estate Management, LLC.

John Hess, Owner, President and CEO, holds a 100% interest in the company and sets the overall business strategy for the company. Mr. Hess also serves as the managing general partner of each of the single-purpose limited partnerships holding title to properties within the portfolio.

Victor D. Son, CPA and CFO, manages all financial controls for the operation of the properties and coordinates all accounting and financial reporting for the properties, the ownership entities, and the management company.

Tonaus John, CPM, ARM, CAPS, COS as COO, is responsible for the performance of all apartment operations focusing on profitability, cost control and property conditions.

  • John M. Hess – Owner, President and CEO Owner, President and CEO of DBC Real Estate Management, LLC

    Owner, President and CEO of DBC Real Estate Management, LLC. President, John Hess created Dynamic Building Corporation in 1987 as a diversified construction manager/general contractor. As can be seen on its website, the company has constructed projects in the Commercial, Healthcare, Hospitality, Retail, Institutional, and Industrial sectors in addition to building over 4,000 apartment units. As he became more knowledgeable about the economics of building and operating multi-family properties, Mr. Hess began to invest in the ownership side of the business by taking equity positions in properties which he was building for others. He quickly came to the realization that vertical integration could reduce costs and eliminate the dependence on third parties, thus enhancing the potential returns to the investors. By early 2008, he was ready to become the general partner by acquiring income-producing properties. DBC Real Estate Management, LLC is the manager of the acquired properties with any repairs or remodeling being handled through their past building knowledge. This strategy of vertical integration has significantly contributed to the excellent current returns enjoyed by the investors in those properties. Mr. Hess has also served as Chapter President of the Associated Builders and Contractors trade association, and has been a member of their National Board of Directors as well as served on the Board of Directors of Enterprise Bank for over a decade. Through the formation of DBC Real Estate Management, LLC he is now taking on the role of leading investment opportunities as Developer/General Partner.

  • Victor D. Son, CPA – Chief Financial Officer Chief Financial Officer - Active in the Commercial Real Estate Industry since 1977

    Victor Son, CPA, CGMA, is the CFO responsible for all interaction with senior funding sources such as banks as well as the oversight of the financial affairs and matters of the existing portfolio and the management company. Mr. Son, who joined DBC in 2010, spent the prior 21 years as CFO of a Pittsburgh-based, vertically-integrated company which owned and operated multi-family housing, high-volume restaurants (with over 700 employees), commercial property and other investment operations including a medical device manufacturer. During his tenure there, he served as President of the Western Pennsylvania Restaurant Association. Prior to that, he was the Controller for Residential Construction for Forest City Enterprises (a large publicly-traded, multi-faceted, real estate company headquartered in Cleveland) and was the Controller for Diversified Construction (a single family and multi-family residential developer, construction and management company also located in Cleveland). He has proven experience working with the Department of Housing and Urban Development on HUD financed and contracted properties. Mr. Son has also been a municipal public official since 1996 and Council President since 2006. He began his career with one of the “Big 4” national accounting firms. A member of the PICPA and AICPA, Mr. Son has been nominated for the Pennsylvania Institute of Public Accountants Distinguished Public Service Award five times. In November, 2015, he was named the Pittsburgh Business Times CFO of the Year.

  • Tonaus John, CPM® – Chief Operating Officer Chief Operating Officer – Active in the Multifamily Industry since 2002

    Tonaus John is the Chief Operating Officer of DBC Real Estate Management. He leads the successful execution of DBC operations and comprehensive management, business development and delivery of innovative technology solutions. Tonaus brings over 20 years of hospitality and property management experience to DBC and has a strategic role in the overall management and growth of the company. In this current role, he coordinates all operational, financial and marketing activities of the properties, establishing best practices across the portfolio. Prior to joining DBC, he was the Chief Operating Officer for NOVO Properties, where he had a proven track record of property management operations and revenue growth. He was responsible for the implementation of comprehensive programs and strategies that promote achievement of operational, financial and business performance of the properties. Tonaus holds an MBA with specialization in Finance from Louisiana State University and an undergraduate degree with a major in Real Estate Studies from Ashford University. He is a Certified Property Manager (CPM®) & Accredited Residential Manager (ARM®) through the Institute of Real Estate Management; a Certified Apartment Portfolio Supervisor (CAPS®) designated through the National Apartment Association; and a Certified Occupancy Specialist (COS®) designated from the National Center for Housing Management. Tonaus attained and developed many talents through his past roles, maintaining an uncompromising approach to results while coupled with excellence makes him a respected professional through his ability to manage many different responsibilities, and thereby an esteemed leader.

  • John R. Hess – Vice President

    John R. Hess joined the company in 2014 as Vice President with responsibilities related to operations and day to day contact with property managers of the existing portfolio. J.R. completed his academic undergraduate degree majoring in managerial economics at Allegheny College, one of the top National Liberal Arts Colleges in the country. He completed his academic career obtaining two masters’ degrees from Georgetown University, graduating magna cum laude with an MBA and MPSRE, Masters of Professional Studies in Real Estate.

  • Patrick A. Cersosimo – Vice President of Acquisitions

    Patrick’s primary focus is to grow the company’s investment portfolio, manage the firm’s real estate acquisitions processes and continually evaluate current and target geographic markets while sourcing and analyzing new investment opportunities.  Patrick joined the DBC Real Estate Management team in the spring of 2015.  Prior to joining DBC, Patrick’s early career in commercial real estate began in 2004 as a Director with international commercial real estate firm, Newmark Grubb Knight Frank in Pittsburgh, PA.

  • Laura W. Biery – Controller

    Laura is a financial veteran of 30 years with a wide range of experience in a number of business areas including wholesale sales, restaurants and real estate. For 21 years, she worked for our CFO in an established multifaceted company located in Pittsburgh, PA where she held significant responsibility in the restaurant chain. Laura joined DBC Real Estate Management in 2011.

  • Michael E. Hess – Vice President of Finance

    Michael is responsible for all financial analysis, including acquisitions, investment valuation and financial modeling, budgeting and software training for personnel. He holds a master’s degree from Villanova University’s School of Business, where he earned his MBA with concentrations in Finance and Data Analytics while concurrently obtaining his securities licensing. Michael completed his undergraduate from Miami University, where he received his degree in Economics and Finance.

  • Richard D. DeFazio – Assistant Vice President of Maintenance & Construction

    Rich has over 22 years of experience in the construction industry. Over his career, he has developed strong leadership skills with team members and vendors to successfully manage projects of all sizes. His focus is the executive oversight and management of all maintenance, repairs, renovations and construction related issues. He sources contractors and vendors in the various markets while managing the bid processes for the entire portfolio. He is also assisting with the due diligence in evaluating the physical condition of potential new acquisitions.

Start typing and press Enter to search