Tuck Spaulding 

Chairman & Partner

Tuck directs all strategic oversight of the Firm’s efforts including investment, capitalization, disposition and investor relationships. Prior to founding PREP in 2004, he was responsible for overseeing all facets of the Trammell Crow Company Fund investment programs.


Bart Spaulding

Managing Partner

Bart oversees all aspects of the Firm’s business including the day-to-day operations. Prior to co-founding PREP, he was Managing Partner of Greystar West based in Denver.


Kevin Graff

Chief Financial Officer & Partner

Kevin oversees all financial compliance and strategic financial decisions including lender communication. Prior to joining PREP, he was Vice President of Finance at MacKenzie House, a developer in Denver.


Peter Cushman

Chief Compliance Officer & Partner

Peter oversees all regulatory compliance and new investment sourcing and underwriting. Prior to joining PREP, he was Senior Vice President for Bancroft Capital, a development and investment firm in California and Colorado. 


Lesley Wassam

Chief Accounting Officer

Lesley is responsible for PREP’s financial compliance and oversees all accounting matters. She also supervises annual audit and tax compliance.




Fritz Blue


Fritz is responsible for financial underwriting, modeling, and due diligence for new potential investments as well as asset-level reporting. Prior to joining Oakwood, he spent 4 years in Dallas working on distressed real estate investment opportunities at the private equity firm, Lone Star Funds/Hudson Advisors.


Emery Yerington

Accounting Administrative Assistant

Emery is responsible for assisting in administrative and clerical duties for the executive team. In addition, she supports the accouting and finance team by performing basic accounting, bookkeeping, and finance activities.