Roadside Development, LLC is pleased to announce that Patricia Earnest has joined the firm and will serve as Chief Investment Officer. Ms. Earnest will be a senior officer responsible for conducting capital markets strategy, investor relations and expanding the company’s portfolio and management platform.

Immediately prior to joining Roadside, Ms. Earnest was a Senior Managing Director, Structured Finance, in the Capital Markets Group of Savills Studley. Previously, Ms. Earnest has held several senior roles with firms, including Peterson Companies, Walker & Dunlop, Transwestern and Perseus Realty Capital, in real estate investments, structured finance, banking and development. Ms. Earnest has executed over $5.2 billion of equity and debt real estate transactions across all structures and product types including, mixed-use, multifamily, retail, office and hospitality, individual assets and portfolios. She began her financial career as a lender with a U.S. money center bank, providing asset-based equity and structured finance to U.S. and multinational clients. While there she developed and managed a portfolio of over $750MM AUM. She has also advised money center banks and other lenders on note sales and debt restructurings.

“I am delighted to join the team at Roadside Development as the company continues to evolve. I am very pleased to be part of the exciting opportunities before us to help bring the company’s development projects to market and to assist in cultivating new opportunities”, said Ms. Earnest.

“Patti is a great talent to integrate into our senior management team. Through her extensive capital relationships and exceptional expertise in financial strategy and structures, Patti will play an integral role in Roadside’s evolution and growth,” said Richard Lake, co-founder and principal of Roadside Development.

Ms. Earnest holds an MBA from the Kellogg School, Northwestern University, specializing in finance and marketing. She is an active member of Urban Land Institute (ULI), is seated on ULI Small Scale Development Product Counsel, and was a founding member of ULI Women’s Leadership Initiative for DC. She is also a long-standing member of the International Council of Shopping Centers (ICSC).

Roadside Development is known for its adaptive reuse of commercial properties and cultivating lasting relationships with communities including its most recent venture, City Market at O, a 1.2 million square foot, mixed use development located in the Shaw neighborhood of Washington DC. and the redevelopment of the former Fannie Mae Headquarter Building at 3900 Wisconsin Avenue, in NW DC. Roadside purchased this iconic property with its partner, NORTH AMERICA SEKISUI HOUSE, LLC (NASH) the U.S. business subsidiary of SEKISUI HOUSE, Ltd, Japan's largest leading diversified developer. This project is currently slated to begin construction December of this year.

About Roadside Development:

Roadside Development is a Washington DC-based real estate firm that values and invests in people and communities. Roadside Development utilizes its successful team-oriented strategy with regard to the acquisition of assets, land-use planning, site development, construction management, retail leasing, and asset management. Roadside Development's vast experience and in-depth market knowledge, creativity and flexibility are the driving force behind its ability to secure prime opportunities and craft them into unique, vibrant places to learn, live, work, and shop. www.roadsidedevelopment.com