Stiell, an active real estate investor, is a former senior auditor in the entrepreneurial services division of Ernst & Young. He also was an assistant vice president for fiscal affairs and controller at Bethune-Cookman Collage in Daytona Beach.
Smith Equities president Robert E. Smith says Stiell's experience "evaluating financial statements and identifying value-added recommendations is an excellent fit to our overall growth strategy, since multifamily and apartment investors traditionally create value after the asset has been acquired by identifying operational efficiencies and increasing revenues."
Gies, a state-licensed engineer and a real estate professional for 17 years, was recalled to military service in September 2001. He was a commander in the US Navy Seabee Reserves. Serving for two years under Gen. Tommy Franks, Gies set up forward operating bases for the Army in Afghanistan and Iraq from 2001 to 2003.
He was also the lead engineer in the design and construction of the $160-million Forward Command Center in Doha Qatar and earned six military medals for meritorious service on this project, according to Smith.
"Kurt's construction and engineering experience evaluating properties is [also] an excellent fit to our overall growth plan," Smith tells GlobeSt.com. "His military experience is a valuable asset that fits well with our strategy of building long-term mutually beneficial relationships with both buyers and sellers of apartments throughout Florida."
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