Industry Veteran Joins Stiles Residential Group, Bolsters Regional Growth

Stiles Residential Group (SRG), a division of Fort Lauderdale-based Stiles, announced that it is expanding its team with the addition of industry veteran Ron Roan, who joins SRG as Senior Director of Acquisitions.

Roan will be tasked with helping to identify and evaluate new development opportunities, continuing the group's growth in South Florida and leading its expansion into Central and Southwest Florida. SRG recently completed Alluvion Las Olas, a 380-unit, 43-story luxury high-rise located on the New River, and is nearing completion on Novo Las Olas, the 341-unit luxury multifamily and grocery-anchored component of the dynamic new mixed-use office, residential and retail project The Main Las Olas. Both projects are in the heart of downtown Fort Lauderdale.

"We are thrilled to add someone of Ron's caliber to our team," said Jeff McDonough, president of Stiles Residential Group. "His experience and relationships will give us an immediate boost as we look to expand our current pipeline and geographic footprint."

Roan has more than 20 years of commercial real estate experience. Most recently, he served as Vice President, Development & Acquisitions with Eastwind Development. Prior experience includes senior positions with the Laramar Group, Altman Development and JPI. In each of these positions, he was responsible for all aspects of the acquisition and new development process, which included identifying land and asset purchase opportunities, with an emphasis on off-market opportunities, conducting due diligence and underwriting the proposed asset, presentation of the projects to the investment committee and equity partners, obtaining all required development approvals, and managing the development and acquisition process from due diligence through construction. He is a certified general real estate appraiser and graduated from the University of Florida.

"I am very excited about the opportunity to work with Stiles Residential Group," Roan said. "Stiles has a great reputation for developing quality assets across the commercial real estate spectrum. Based on the high quality of the entire Stiles team, coupled with their extensive resources, I feel confident we will be able to expand the residential footprint throughout desirable areas of Florida."