Brown Investment Properties, Inc. is a full service commercial real estate company with its primary market in the Piedmont Triad offering quality products and services for a fair profit in development, management and brokerage. The company is committed to honesty, fairness and professionalism in its relationships with clients, tenants, employees and the general public.
Our vision for Brown Investment Properties, Inc. is one of growth through quality products and services.
- Honesty, Fairness and Integrity - Whatever we do, whatever the outcome, we want to be known as having done our part with honesty, fairness and integrity.
- Adherence to the Golden Rule - "Do unto others as we would have them do unto us." If what we are considering can not pass this test, we will not do it.
- Professionalism - When we undertake a task, we will do it as promised or agreed with intelligence, enthusiasm, competence and courtesy. We shall communicate with all interested parties in a timely manner.
Brown Investment Properties, Inc. is a family owned commercial real estate firm located in Greensboro, North Carolina which incorporated in 1960. We are proud of our director's and senior management's 185 collective years of experience. And, with our team, having designations of Certified Commercial Investment Member (CCIM), Certified Property Manager (CPM),Certified Public Accountants (CPA), Society of Industrial and Office Realtors® (SIOR®), and Certified Leasing Specialist (CLS), we are recognized among the experts in commercial real estate.
Chester H. Brown, III
Specialization: Client Property Portfolio Analysis | Development
Chester has been with Brown Investment Properties, Inc., since 1992 and has served as President since 2005.
Chester’s focus is multi-family development and providing asset management of the company’s real estate holdings. Chester is also included in the core group that allocates the company’s capital investments.
He is active in the Piedmont Triad region of North Carolina and serves on numerous professional and community boards. Most recently, he was the Chairman of the Guilford Merchants Association.
Bachelor of Arts in History-University of North Carolina, 1992
CCIM - Certified Commercial Investment Member
Realtors Commercial Alliance
Greensboro Regional REALTORS Association
National Association of REALTORS
Chair, Commercial & Industrial Division of the Greensboro Regional Realtors Association Board of Directors (1999, 2014)
Triad Apartment Association Board of Directors-2002-2004 -Treasurer
Member of the UNCG Board of Visitors
Affordable Housing Management Board of Directors, 2011-2014, current Chair 2015
Greensboro Housing Development Partnership Board of Directors, 2014-Present
Early Childhood Center Board of Directors, 2004-2010, chair in 2006
Downtown Greensboro, Inc. Board of Directors, 2004-2010, chair in 2007
Greensboro Advisory Group for Southern Community Bank & Trust, 2007-2010.
Triad Real Estate Building & Industry Coalition, 2008-2011, Chair in 2010.
Healthserve Advisory Council, 2009-2010, chair in 2010.
Guilford Merchants Association, 2010-2015, chair in 2013
Greensboro Housing Development Partnership 2014
Chairman of the Board
With the company since 1979, B.S. in Business Administration from the University of North Carolina at Chapel Hill and MBA from Wharton School--University of Pennsylvania. Cameron-Brown Company (1965-71), Charter Properties, Inc. (1971-79). Experienced in retail, office, residential, townhomes, condominium and apartment development, leasing, management, sales and brokerage.
Co-chair of the Greensboro Downtown Greenway Steering Committee. The Greenway is a public (City of Greensboro)/private (Action Greensboro) partnership and will be a four mile, 14’ wide trail around downtown Greensboro which will serve as the hub of the City’s trail system. Site features will include enhanced landscaping, benches, water fountains, lighting and considerable public art.
Vice President Property Management, CPM
Peter Placentino, Senior Vice President of Property Management, optimizes assets for each property owner. He believes in and supervises hands on, detail-oriented management of physical assets, operations, and personnel. His extensive experience covers all types of tenant-occupied property – multi-family, retail, office, and industrial. He has many years of experience in construction, development, and legislative matters of the multi-family housing industry. This knowledge base brings additional benefit to property owners. Peter has been involved in distressed asset management since the 1980s and is an expert in stabilization and disposition of these properties.
Peter started with Brown Investment Properties in 1983 and has worked in property management since 1979. He is a Certified Property Manager (CPM) and a licensed Real Estate Broker in North Carolina, South Carolina, and Tennessee.
Mr. Placentino has served on various boards and associations, including serving as President
of the Triad Apartment Association (1990-91), member of the Apartment Association
of North Carolina (1992-96), Regional Vice President and Director for the National
Apartment Association (1995-99), President of the Institute of Real Estate Management
Chapter 56 (2000), and Secretary of the National Apartment Association (2000).
He is a Certified Property Manager (CPM) and a member of IREM (Insititute of Real
Chief Financial Officer
Jason has deep experience in a broad range of financial disciplines. Before joining the Brown Investment Properties, Inc. team, he was principal with Triad First Capital, LLC. Prior to joining Triad First Capital, Jason was responsible for macroeconomic research and investment portfolio construction for Old North State Trust. Additionally, as a member of Clark Consulting, a firm that marketed and serviced a unique life insurance-based financial product, Jason gained extensive experience in working with senior management of large financial institutions. Earlier in his career, Jason served as CFO of Matkins Auto Glass. He also gained valuable experience in tax research and compliance with Deloitte. Jason received his Master of Accounting degree and BSBA from UNC-Chapel Hill and is a Chartered Financial Analyst.
Human Resources Manager
Jon has a strong experience base, with over 20 years in the field of Human Resources and a total of 27 years of management experience. He ensures full compliance with local, state, and federal regulations for Brown Investment Properties, working to protect both the employee and the company in all matters. Jon keeps up to date on important HR trends on a weekly basis and spends time each year in continuing education classes. To improve productivity and employee retention, Jon provides policy development, performance management tools, and a performance improvement system. He believes that employee safety, welfare, wellness and health are key components to a strong employee/company relationship. Mr. Dyer received his Masters of Business Administration from Ohio University.
Director of Information Technology and Marketing
With nearly 15 years’ experience in almost every aspect of the commercial brokerage and property management industry, Mr. Kutos currently is the Director of Information Technology and Marketing at Brown Investment Properties, Inc. Before he joined Brown Investment Properties, he served as Chief Administrative Officer for Alliance Commercial Property Management, where he was responsible for day-to-day operations of more than 4 million square feet of retail, office, and industrial space across the Southeast. Earlier in his career, he provided his management, leasing, and marketing expertise at CBRE, then at Weaver, Grubar Tyler & Black. Mr. Kutos holds a North Carolina Brokers License, is a member of the Board of Realtors and he also serves as a Notary.
Assistant Vice President, Regional Property Manager
Lori Stewart, Vice President of Multi-Family Management, is responsible for the management, leasing, and marketing of multi-family communities. She develops and guides her teams of site managers, leasing consultants, and maintenance staff to provide the highest level of operating efficiency and customer service. Lori has been in the multi-family housing industry since 1991. She is a Certified Apartment Property Supervisor (CAPS) and a licensed Real Estate Broker in North Carolina and South Carolina. Lori joined the company in 1999. Her experience in apartment management and leasing dates back to 1991.
VP Commercial Management
As Vice President of Commercial Management, Mrs. Whitehead coaches her team to be proactive, responsive, and have a sense of urgency in their work. Her goal for the department is to provide strong customer service that benefits Brown Investment Properties, Inc.’s clients, tenants, and vendors. She also leads by example, managing retail, office, and warehouse properties hands-on. Susan has been with Brown Investment Properties since 1982 and is experienced in residential and commercial property management and property management accounting. Ms. Whitehead holds a BS Degree in Business Administration from Appalachian State University. She is a CPM (Certified Property Manager) candidate and is also holds a CAPS (Certified Apartment Property Supervisor) designation.
Russell B Parmele Jr.
VP Commercial Management
Russ began his career in the commercial real estate business in Nashville, TN in 1987 and relocated to Greensboro in 1996. With over twenty seven years’ experience in commercial real estate leasing and management , Russ has worked for large public REIT’s and privately owned regional management companies. At one point in his career, Russ was responsible for the leasing and property management of a suburban office building portfolio, consisting of 35 buildings, 2.25 million SF with an asset value of $155 million and annual revenues of $284 million. His product management focus includes medical and general office properties, retail and warehouses. He also has experience working in a Receivership capacity with these property types, as well. Mr. Parmele holds a BS Degree in History from Washington & Lee University.
Russ received the prestigious Certified Commercial Investment Member (CCIM) designation in 1998 and the building Owners and Managers Institute Real Property Administrator (RPA) designation
Washington & Lee University, BA History CCIM Institute
2008 – Present: Brown Investment Properties, Inc. VP-Commercial Property Management
2006 – 2008: Security National Properties, Inc. General Manager / Director of Property.
2003 -2006: Parthenon Realty, LLC. General Manager
1988 – 2002: Koger Equity, Inc. General Manager
Professional / Civic Affiliations
Real Property Administrator - BOMI
North Carolina Real Estate Broker
Greensboro Zoning Board - Past Member
Greensboro Board of Adjustments – Past Member
Greensboro Urban Ministry – Board of Directors
North Carolina ALS Association - Member
NC A & T Real Estate Foundation – Board of Directors
Ellen L. Fields
Ms. Fields has served capably in virtually every accounting role at Brown Investment Properties, Inc., since she joined the company in 1987. From accounts receivable to general ledger reconciliation and financial statements, she brings her 20+ years of experience to bear across interactions with clients, bankers, attorneys, and internal company personnel. In addition, she is a licensed Real Estate
Paula Hill, CAPS
Paula joined the company in 2003 as the Accounts Receivable Specialist. In 2004 she joined the Residential Management Team as an on-site property manager. She has a wide spectrum of experience within the company. In 2009 she accepted the position of Director of Training. In this capacity, she ensures that all new multi-family staff are familiar with internal and industry regulations and procedures. Her responsibilities also include insuring that staff is properly certified in Fair Housing practices and coordinating continuing education through Grace Hill for all site staff. Paula also serves as regional property manager. She is experienced in on-site property management including distressed properties and multi-property portfolios, accounting, and MRI software. Paula has earned the National Apartment Association's Certified Apartment Portfolio Supervisor (CAPS) designation and is a licensed North Carolina Real Estate Broker.