Rocky Mountain Roundup: State of Denver Multifamily

David co-founded Zocalo spurred by a commitment to development that balanced investment returns, community impact and environmental respect. David focused on downtown development as soon as he arrived in Denver in 1990.  David’s first project was the Lofts over the Wynkoop Brewery. Since the Wynkoop, David established the vision for historic conversions such as the Downtown Denver and Downtown San Diego Courtyards by Marriott, which utilized the Historic Investment Tax Credit. In Denver, David was one of the first developers to work through, develop and sell deed-restricted, for-sale units at Silver State Lofts, a program that codified in the Inclusionary Housing Ordinance.  Since formation, Zocalo has quickly become among the best respected development companies in Colorado, recognized for thoughtful, innovative, well-timed and skillfully-executed projects.  As a LEED-Accredited Professional, David oversees all aspects of project development and management to ensure they meet project specifications, budgets and timelines.  As recognition, David received the Denver Business Journal's Developer of the Year award for 2012. David received his MBA from the Wharton School of the University of Pennsylvania in Philadelphia. He is interim board chair of the State Housing Board and was chairman of the board of directors of community jazz station KUVO and co-chair of the Downtown Denver Partnership's Housing Council.  David co-founded the University of Denver's Affordable Housing Conference and co-chaired the Conference's first five years. David has an appointment to Mayor Hancock's Task Force on Affordable Housing.  He received the Affordable Housing Leader of the Year Award for 2006 from the Denver chapter of the Enterprise Foundation.

Jarvie Worcester joined Trammell Crow Residential in 2016 and serves as the Managing Director for the Mountain States division, overseeing the 2,300 units ($600 million of capitalization) the company has underway. Prior to joining TCR, Jarvie was the Vice President of Development for Real Capital Solutions in Louisville, CO, where he oversaw a $350 million portfolio of multifamily, senior and student housing development investments. Prior to Real Capital Solutions, Jarvie spent 8 years with Vail Resorts Inc. in their resort and hospitality development groups as the Director of Development. While at Vail Resorts, Jarvie was involved in the development of $450 million of resort condo, hotel, retail and resort operations projects. Jarvie started his career with Intracorp San Diego, where he was a financial analyst and project manager for the Southern CA developer, involved in the development of 1,500 condo and apartment units during his time with the firm.

Kim Sperry has diverse experience in real estate finance and investment having started her career in workouts with First Interstate Bancorp. She spent the next 20 years in real estate private equity with Amstar Group where she managed a diverse portfolio of joint venture development projects to include office, hospitality, multifamily and industrial. Most recently, Kim opened the office and built the CO team for RangeWater Real Estate which projects include The Armory in Boulder, Fox Ironworks in Denver and Lupine - a BTR townhome project in Longmont.