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In 1984, DMB was founded as a partnership. In the decades since, we’ve partnered with others to create communities that build enduring legacies.
At DMB, we take a different approach to crafting communities. This results in richer lives for our residents and value for our stakeholders and partners.
Every development we build requires countless decisions. Each decision has to respect nature, the land and the local community. Above all, it has to consider the happiness of the people who call our communities home.
That means taking the long view, a priority at every DMB community. The resulting places live well over time, becoming legacy communities that grow in value for builders, stakeholders and residents. To strengthen the larger communities in which we build, DMB is active in philanthropy and volunteerism.
Partnership lies at the heart of what we do. For us, partnership is about people, integrity and the ability to bring different interests together to achieve mutual goals.
It makes sense, then, that most DMB communities are developed through public and/or private partnerships. We partner with landowners, municipalities and investors, among others. What’s more, our emphasis on long-term collaborations with city leaders and industry organizations is unrivaled. It enables us to seize new opportunities, protect investments and craft successful developments.
DMB is fortunate to build in special landscapes across the country. Together with our partners, we honor and preserve these settings in sustainable, innovative ways. DMB communities preserve open space and flow with the contours of the land. We honor the history and heritage of every site through the use of authentic architecture and materials, which create a specific sense of place. Residential, retail and office spaces are woven carefully throughout our communities, sitting lightly on the land.
At DMB, we develop communities that make life a richer, more fulfilling experience for our residents. Every activity brings people together and builds a lasting sense of connection. Paths and trails wind through each DMB community, linking street to street and neighbor to neighbor.
Diverse and creative amenities encourage friendships. So does DMB’s thoughtful design, with its pedestrian-friendly neighborhoods, shaded sidewalks and courtyards. Community life, an idea unique to our company, takes connection deeper still. We actively partner with our residents in the creation of their own community, ensuring the vibrance and longevity of DMB developments.
DMB was established in 1984 as a partnership between Drew Brown, Mark Sklar and Bennett Dorrance. The DMB name comes from the first initials of each of the partners.
Developed in partnership with Berwind Property Group, Centerpoint on Mill was DMB’s first large-scale mixed use development.
Grand opening of 8,300 acre mixed-use community, DC Ranch, developed in partnership with Marley-Corrigan Family.
Verrado’s grand opening weekend draws 35,000 visitors. Verrado was developed on land it acquired from Caterpillar Foundation.
Silverleaf opens its doors as a private gated enclave within DC Ranch featuring 700 custom homesites, award-winning Club, Spa and Golf.
Marley Park’s grand opening celebration draws 2,000 visitors thanks to the city of Surprise and community partners. The community was developed in partnership with The Kemper & Ethel Marley Foundation.
Dial/Henkel makes One Scottsdale home for their North American Headquarters. DMB partnered with Marley-Corrigan Family on this 1.8M sq. ft. of commercial, office, retail and residential property.
Eastmark’s grand opening brought 5,000+ visitors. The new development in Mesa, Arizona was established in partnership with Brookfield.
Chairman of the Board
Chairman of the Board
Drew Brown is co-founder and Chairman of the Board of DMB. Mr. Brown has previously served as the company’s Chief Executive Officer and Managing Director and he continues to oversee the company’s board and strategic direction. Together with his partners, Mr. Brown has guided the company’s growth and evolution for the past 30 years and has provided strategic and creative leadership for each of DMB’s major projects.
Prior to co-founding DMB in 1984, Mr. Brown was a partner and director in the Phoenix law firm of Fennemore Craig, where he specialized in real estate and commercial lending matters. Mr. Brown has been active in a number of professional, civic and community organizations. He is a member of the Board of Directors of Phoenix Art Museum, Greater Phoenix Leadership, The Flinn Foundation, Scottsdale Healthcare, Arizona Commerce Authority, and is a member of Notre Dame Law School Advisory Council and Urban Land Institute.
Founding Partner
Founding Partner
Mark Sklar is a founding partner of DMB and its affiliated companies and currently serves on the Board of Directors. Mr. Sklar also serves on the Board of Directors of Banner Health Systems and is active in a number of professional, civic and community organizations. Some of the boards in which he has previously served include Valley Big Brothers and Big Sisters, Phoenix Jewish Community Center, Ballet Arizona, ASU Foundation, Phoenix Jewish Federation, Council for Design Excellence, KJZZ National Public Radio and KAET Channel 8 Community Advisory Board, the Phoenix Symphony.
Founding Partner
Founding Partner
Bennett Dorrance is a founding partner of DMB and its affiliated companies. Mr. Dorrance serves on the Board of Directors of TGen, a genomics research corporation, Insight Enterprises, Inc., The Nature Conservancy Arizona and Campbell Soup Company and is active in a number of professional, civic and community organizations. He has also been involved as a board member of Thunderbird, the American Graduate School of International Management, Phoenix Country Day School and the Desert Botanical Garden.
President & Chief Executive Officer
President & Chief Executive Officer
As President and CEO, Brent Herrington provides strategic leadership for the DMB organization and oversees all aspects of the company’s operations.
Herrington joined DMB in 1998 and has led several of the company’s flagship projects, including DC Ranch and Silverleaf in North Scottsdale and Kukui`ula on the island of Kaua`i. He’s been actively involved in the visioning, strategy, planning and design of many of DMB’s major projects over the past 17 years. Immediately prior to joining DMB he served as town manager for Celebration, Florida, an innovative 5,000-acre planned community developed in central Florida by the Walt Disney Company.
Herrington is a long-time member of the Urban Land Institute and past chair of ULI’s Community Development Council. He’s served in a variety of volunteer leadership roles for professional, cultural and philanthropic organizations, including a national task force for Freddie Mac focused on improving opportunities for home ownership for lower income families. A graduate of the Advanced Management Development Program in Real Estate at Harvard University, he is recognized nationally as a thought leader in the community development industry. He is a frequent presenter at industry events and conferences and has been a pioneer in the field of innovative lifestyles and sound governance for new communities. He served as president of the Foundation for Community Association Research (Falls Church, VA), and as a national trustee for the Community Associations Institute (Reston, VA).
Executive Vice President & Chief Financial Officer
Executive Vice President & Chief Financial Officer
Andy Beams oversees accounting, finance, treasury, information technology and related reporting functions for DMB. As the CFO, he participates in mid and long-term capital planning and strategic business plan development and has participated in the underwriting, operating agreement and business plan development for substantially all of the projects in DMB’s portfolio.
At the project-level, Mr. Beams has led negotiations in joint venture relationships with land partners, land sale transactions with homebuilders, project financing (bank, equity and community facilities districts), and financial reporting to internal and external stakeholders, including historical GAAP financial statement audits.
Executive Vice President & General Counsel
Executive Vice President & General Counsel
Mary Alexander’s background in real estate includes extensive planned community development and public homebuilder experience. Her accomplishments have included land acquisition and entitlement projects, infrastructure planning and finance, public lands transactions, community governance structuring and documentation, sales contracting and regulatory approvals, employment matters, litigation management, construction contracting and warranty enforcement.
Ms. Alexander recently was named a Fellow in the American College of Real Estate Lawyers. In her current position, she directs corporate governance and legal services for DMB, in addition to overseeing the Company’s talent resources, information governance, risk management and insurance programs.
Prior to joining DMB, she served as Associate General Counsel for Del Webb Corporation and Pulte Homes, Inc. She began her legal career at the law firm Streich Lang Weeks & Cardon, which is now Quarles & Brady.
Senior Vice President
Senior Vice President
Jim Hoselton oversees the creative operations of DMB. He is responsible for the management of initial creative phases of future DMB communities, as well as the transitional phases of mature developments.
Mr. Hoselton is responsible for the acquisition, development and management of DMB’s resort-related properties. Additionally, he oversees DMB Realty and company-wide sales and marketing.
Prior to joining DMB in 1990, Mr. Hoselton worked for The Koll Company and Cushman & Wakefield, where he was responsible for commercial brokerage, developing, leasing and managing commercial, industrial, multi-tenant, and R&D facilities.
Mr. Hoselton is a graduate of the University of Arizona and a member of The Phoenix Thunderbirds and a member of the vestry at St. Barnabas on the Desert. He is also a past board member of the Paradise Valley Country Club.
Senior Vice President
Senior Vice President
Eric Carlson oversees long-term capital planning, cash flow management, financial modeling/forecasting, due diligence, project life cycle capitalization, deal structuring, and investor/partner reporting. In addition to these activities, Mr. Carlson has been successful in enhancing investor returns through the utilization of infrastructure reimbursement agreements including the formation of multiple Community Facilities Districts (CFDs) and tax incentive reimbursement agreements. Over the past five years, he has successfully raised more than $300 million to capitalize various DMB projects and holding companies.
Mr. Carlson continues to work with members of the Entitlements and Development teams in negotiating development agreements and in facilitating economic development through public/private partnerships. Furthermore, he is responsible for managing project level financial risk and creates sophisticated financial models that are utilized in establishing the appropriate development strategy.
Senior Vice President
Senior Vice President
Melinda Gulick serves as the Senior Vice President of Marketing, Communications and Community Life for DMB in Scottsdale, Arizona. She is responsible for marketing, corporate communications, internal communication and employee engagement programs for the company in addition to leading the design, creation and ongoing operations of authentic, sustainable and engaged community life in all DMB communities. Ms. Gulick is an active contributor to community and business organizations, including serving on the boards of the Scottsdale Area Chamber of Commerce, the Arizona Humane Society and the Phoenix Women’s Board of the Steele Children’s Research Center at University of Arizona. She is the past chair of the McDowell Sonoran Conservancy and received the first ever Arizona Cox Conserves Heroes Award in recognition of her advocacy and volunteer work for Scottsdale’s McDowell Sonoran Preserve. Ms. Gulick holds a Bachelor of Arts degree in journalism from Southern Methodist University.
Senior Vice President
Senior Vice President
Nick Taratsas is positioned on DMB’s Operations Leadership Team which provides senior corporate guidance to DMB’s portfolio of developments. Mr. Taratsas has initiated and will provide general management oversight to the creation of DMB’s first age restricted community. Mr. Taratsas also functions in a lead role in the selection, analysis, underwriting and acquisitions of many of DMB’s new communities. He functions as the corporate liaison for DMB’s interests in the Rancho Mission Viejo project in Orange County, California.
Mr. Taratsas served as Vice President of Land Development for the Del Webb Corporation with responsibility for the design and construction of Anthem and Sun City Grand, Arizona. Prior to joining DMB in 2001, Mr. Taratsas was Vice President of Land Acquisitions for Coventry Homes.
DMB Associates Inc. has named Brent Herrington company president and CEO, succeeding long-time DMB executive Charley Freericks. DMB is an Arizona-based real estate investment and development company founded in…
