Team
The Board of Directors
Professional Staff
NewTower’s Management Team consists of dedicated professionals who have significant real estate expertise, and extensive trustee and fiduciary knowledge and experience. The team’s knowledge and commitment shows dedication to maintaining strong client relations.
David Keto
David Keto is Chief Operating Officer at NewTower Trust Company and is a member of TREIC. Mr. Keto has over twenty-five years experience in real estate investment, finance, law, and economic development. Prior to joining NewTower, he was Chief Operating Officer for the AFL-CIO Investment Trust Corporation (ITC), a financial services company providing marketing and other investment-related services for clients including the AFL-CIO Building Investment Trust. Before ITC, Mr. Keto was General Counsel and Chief of Staff for the AFL-CIO Housing Investment Trust, an investment company providing debt capital for residential real estate. Prior to his association with the AFL-CIO Investment Program, Mr. Keto served as Undersecretary in the Executive Office of Economic Affairs for Massachusetts where he led the development of the state's economic recovery strategy and a comprehensive economic development legislative program in the early 1990's. He also served as Vice President for Planning at the New England Aquarium with capital planning responsibilities for the institution's $120 million expansion master plan. As Special Counsel at the Boston Redevelopment Authority (BRA) he provided legal oversight for a number of planning, economic development and regulatory initiatives and major project reviews. Prior to the BRA, he was a real estate lawyer at the Boston law firm of Goulston & Storrs. Mr. Keto earned a bachelor's degree from Princeton University in 1977 and a law degree from the Yale Law School in 1981.

Robert Edwards is Executive Vice President and Chief Financial Officer at NewTower Trust Company and is a member of TREIC. He oversees financial reporting and operations. He has over twenty-two years of real estate and accounting experience and has worked with MEPT since 1990. Prior to joining NewTower, Mr. Edwards was a Group Vice President at Riggs Bank; he was responsible for managing the financial reporting and monitoring portfolio performance, and supervising staff. He has a B.S. in Business Administration and Accounting from Bucknell University. He is also a member of the National Council of Real Estate Investment Fiduciaries (NCREIF), Pension Real Estate Association (PREA), and the Greater Washington Society of Certified Public Accountants.
Brent A. Palmer is
Executive Vice President and Chief Valuation Officer at NewTower Trust Company, a member of TREIC, and Executive Director of NewTower Valuation Services LLC. Mr. Palmer has over 25 years of experience in market research, feasibility analysis, and valuation of real estate, infrastructure, stocks, securities and intellectual assets as well as leasing, portfolio risk, adaptive re-use, and investment consulting throughout the U.S. and Canada. Prior to joining NewTower and Kennedy, Mr. Palmer was National Manager of Realty Advisory Services for GE Capital (BAF); Senior Vice President and Manager of Valuation Technology at Bank Of America; Senior Vice President and Manager of Real Estate Advisory and Appraisal Services with Seafirst Bank; and Senior Vice President - Managing Director at Landauer Associates, Inc. He received his MBA (Real Estate and Finance emphasis) and BS degrees from Brigham Young University and holds the CRE (The Counselors of Real Estate), FRICS (Fellow of The Royal Institution of Chartered Surveyors), and MAI (Appraisal Institute) designations. Mr. Palmer is Chair of the Washington Real Estate Appraiser Commission and a member of the Board of Trustees for the Washington Center for Real Estate Research, CBE National Board of Advisors for Washington State University, Industry Advisory Council (The Appraisal Foundation), National Council of Real Estate Investment Fiduciaries (NCREIF) and Pension Real Estate Association (PREA).
Paul Nelson is Senior Vice President for Law and Compliance at NewTower Trust Company. He provides legal and regulatory advice to management and the Board and manages NewTower’s compliance program to assure that NewTower adheres to State and Federal regulatory standards. He worked for five years as an attorney with the Comptroller of the Currency; three years as General Counsel with the Banking Committee, U.S. House of Representatives; three years as a Senior Vice President and Chief Compliance Officer of a New York bank and asset manager; and over ten years as a Consultant with PricewaterhouseCoopers, WBC Financial Group and Promontory Financial Group. He received an A.B. degree from Colgate University and his J.D. and LLM degrees from George Washington University. He is a member of the District of Columbia Bar, American Bar Association, and the Fiduciary and Investment Risk Management Association.
Barry Faulkner is
Senior Vice President – Portfolio Management at NewTower Trust Company and is a member of TREIC. He is responsible for reviewing fund performance and competitive positioning. Mr. Faulkner has over fifteen years of experience in delivering financial and operational solutions to national real estate companies and institutions. Prior to joining NewTower, he led both Booz Allen Hamilton and Ernst & Young teams, providing REITs, pension advisors, Fortune 500 companies and federal government agencies real estate consulting services surrounding financial and operational issues. He was also an executive at SiteStuff, an eProcurement company for property managers financed by international real estate services companies. Mr. Faulkner has an M.B.A. from the Amos Tuck School of Business at Dartmouth College and an A.B. degree Magna Cum Laude from Bowdoin College, and holds the CRE (The Counselors of Real Estate) designation. He is also a member of the National Council of Real Estate Investment Fiduciaries (NCREIF) sitting on the Data Products Council and the Pension Real Estate Association (PREA).
Thao Tran is
Senior Vice President and a Corporate Controller at NewTower Trust Company and is also a member of TREIC. She has twelve years of real estate experience including property accounting, lease administration and portfolio financial monitoring. She oversees NewTower’s financials, human resources and technology initiatives. Prior to joining NewTower, Ms. Tran worked at Riggs Bank for eight years and was responsible for managing the accounting system, and property and performance reporting. She also worked at a property management firm as Assistant Controller for four years. Ms. Tran has a B.S. degree in Accounting from George Mason University and is a Certified Public Accountant. She is also a member of the National Council of Real Estate Investment Fiduciaries (NCREIF).
Greg Werner is
Senior Vice President and Senior Director at NewTower Valuation Services LLC. His responsibilities include review of appraisals and valuation memoranda, preparation of financial analysis (ARGUS) and performance metrics, and market research. He has over 20 years of valuation, consulting, and appraisal review experience involving a wide variety of residential and commercial properties throughout the United States and Canada. This experience includes the valuation of investment-grade office, industrial, retail, and multi-family developments, as well as special purpose properties. Prior to joining NewTower and Kennedy, Mr. Werner was Managing Director at CB Richard Ellis, Inc. He also spent over 10 years with Bank of America as Vice President, Consultant, and Senior Appraiser. Prior to Bank of America, he was a Senior Appraiser with Lyon, Skelte & Spiers, Inc. and Joseph Blake & Associates. Mr. Werner has a Bachelor’s Degree from San Francisco State University and has been awarded the MAI designation by the Appraisal Institute.
Edinborough Caleb is Vice President and MEPT Controller at NewTower Trust Company. He has a broad range of responsibilities and over fourteen years of property accounting and leasing analysis experience. His responsibilities include accounting and financial reporting, monitoring funding, property income and leasing activity, preparing performance reports and financial statements, completing audits, and preparing and monitoring LLC filings. Prior to joining NewTower, Mr. Caleb was a Senior Manager of Portfolio Accounting for six years at Riggs Bank. Mr. Caleb is a graduate of Spicer Memorial College.

Matthew B. Plewe
joined NewTower in 2008 as Assistant Vice President of Real Estate Valuation. Based in the Seattle office, he is responsible for review of appraisals and valuation memoranda, preparation of financial analysis (ARGUS) and performance metrics, and market research. Prior to joining NewTower, Mr. Plewe was a general certified appraiser at PGP Valuation Inc. for four years. From this role, he brings significant experience in valuation and market research of commercial real estate throughout the U.S., including single property and portfolio appraisals on a wide range and scale of property types (Retail, Office, Industrial, Commercial Land, and Golf Course properties). Mr. Plewe received a Bachelor of Science in Business Management degree from The Marriott School of Management at Brigham Young University in 2004, with an Entrepreneurship Emphasis. Mr. Plewe is an Associate Member of the Appraisal Institute working towards the MAI membership designation awarded by the Appraisal Institute.
Kim Collings is Assistant Vice President at NewTower Valuation Services LLC. She is responsible for executive administrative duties, database management, service engagements, and performance reporting. She has almost 20 years of financial and administrative experience. Prior to joining NewTower and Kennedy, she spent 14 years with Sirach Capital Management, Inc. as Private Client Specialist and Investment Trader, where her duties included settling, affirming and executing trades, tax harvesting and model maintenance, accounting/reconciliation, marketing, database maintenance, and preparation of monthly client financials. Prior thereto, she was an Executive Assistant with Sirach Capital Management, Inc. Ms. Collings received certification from the New York Institute of Finance in the Fundamentals of the Securities Industry and is working towards completion of her BS degree in Business Administration.
Julie Hunter is Assistant Vice President at NewTower Trust Company. She has over ten years experience in operations and administration within the financial industry. Ms. Hunter is the operations manager and the executive assistant to the President of NewTower Trust Company. Prior to joining NewTower she worked as a compliance reviewer and operations with Jefferies & Company. Ms. Hunter also worked as the Operations Manager for Riggs Securities, a division of Riggs Bank where she worked extensively with compliance and operations. She attended Germanna College.
DeeDee Dolapo George is Trust Officer at Newtower Trust Company. Her responsibilities include reviewing fund performance, performing peer and trend analyses and managing the quarterly reporting functions. Prior to joining Newtower, Ms. George worked as Senior Analyst in feasibility and real estate analysis for Choice Hotels International and Assistant Research Manager for the CoStar Group. She received a BA degree from Siena College and a Masters in Real Estate from Johns Hopkins University. She is also a member of the National Council of Real Estate Investment Fiduciaries (NCREIF), Women in Retail Real Estate (WIRRE) and the Urban Land Institute (ULI).
Rajiv Gupta is Trust Officer at NewTower Trust Company. He works in the accounting department and has over fourteen years of accounting experience. His responsibilities include wire transfers, monthly and quarterly journal entries, accounts payable, accounts receivable and account reconciliations. Prior to joining NewTower, Mr. Gupta worked at Riggs Bank for five years where he performed similar duties. Mr. Gupta is a graduate of American University.
Tsvetelina Tsekova is Trust Officer at NewTower Trust Company. Her responsibilities include working in the areas of fund accounting operations, corporate accounting and finance. She monitors and reviews portfolio property performance, reports and analyses variances and trends, maintains accounting records and reconciles the lease journal, prepares monthly and quarterly financial statements, assists in preparing year-end LLC tax filings, and assists with year-end audits. Prior to joining NewTower, Ms. Tsekova worked at Hovnanian Land Investment Group where she was responsible for corporate reporting. Ms. Tsekova is currently completing her M.B.A in Financial Management from the Economics Academy in Svishtov, Bulgaria. She has a B.S. in Accounting from the Economics Academy, Svishtov, Bulgaria.
Adrienne Washington is Executive Assistant at NewTower Trust Company. She assists with all office support duties. Ms. Washington has seventeen years of office administration experience.