Board of Directors

Patrick Mayberry is President of NewTower Trust Company. He oversees all aspects of NewTower. Mr. Mayberry is also a member of the MEPT's Policy Board. He has over thirty years of experience in commercial and residential real estate investments, including national and regional experience in the investment, development, financing and management of diversified real estate portfolios. Prior to joining NewTower, Mr. Mayberry led the Institutional Trust Real Estate Division of MEPT's former trustee, Riggs Bank, for fourteen years where he was responsible for determining investment strategies, chairing the investment committee, executing the asset management process, managing all operational aspects, and overseeing the appraisal and valuation process. He was also responsible for the smooth transition of the Riggs team to NewTower to ensure business continuity and knowledge transfer. Previously, Mr. Mayberry managed a Fortune 500 corporation's real estate interests in Washington D.C., where he was responsible for acquisitions, development, asset management and dispositions of residential subdivisions, suburban office buildings and neighborhood retail centers. Mr. Mayberry is a graduate of the University of Texas at Austin. He is a member of the Counselors of Real Estate, Pension Real Estate Association (PREA) and National Council of Real Estate Investment Fiduciaries (NCREIF).

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