Samuel Aflalo is the COO and Cofounder of Blackwood Developments. Mr. Aflalo is responsible for company operations and construction management.
Prior to cofounding Blackwood Developments, Mr. Aflalo served as the Senior Vice President of Acquisitions for American Homes 4 Rent (NYSE: AMH). His responsibilities included identifying and underwriting new markets nationwide, establishing key relationships with local real estate professionals and executing the AH4R’s acquisition strategy.
Mr. Aflalo began his career as a licensed real estate agent and top producer for Coldwell Banker Commercial Los Angeles. Coldwell Banker presented Mr. Aflalo with the International President’s Premier award in 2004 and 2005, and named Mr. Aflalo the #1 commercial agent for California and the #5 agent Nationwide in 2006.
Mr. Aflalo cofounded Imperial Residential Holdings LLC, a full service real estate investment firm specializing in acquiring and repositioning distress commercial and residential assets purchased at auction. Imperial Residential Holdings had offices in Los Angeles, Phoenix, Tucson and Atlanta.
Throughout his career, Mr. Aflalo has extensive experience with apartment and single family projects in the Los Angeles, Phoenix, and Dallas markets. In each market, Mr. Aflalo has completed numerous repositioning, infill, and gentrification projects.
David Eitches is the CEO and Cofounder of Blackwood Developments. Mr. Eitches is responsible for acquisitions, financing and business development.
Prior to cofounding Blackwood Developments, Mr. Eitches founded Clearwater Properties LLC, a full service real estate investment firm specializing in acquiring, and repositioning single family homes and apartment buildings purchased at auction or through distress sales. The success of this venture lead to an eventual partnership with the founder of Public Storage (NYSE: PSA), Wayne Hughes, and the creation of American Homes 4 Rent (NYSE: AMH). Mr. Eitches served as the Senior Vice President of Acquisitions for American Homes 4 Rent.
Mr. Eitches began his career as a licensed real estate agent and top producer for Marcus and Millichap within their Multifamily Division. Having earned the prestigious “Pace Setter” award, Mr. Eitches quickly exceled in his role and realized his true passion of real estate. In 2005, Mr. Eitches joined the Charles Dunn Company where he led all brokers in Multifamily and Land transactions in 2006 and 2007. In 2010 Mr Eitches cofounded Imperial Residential Holdings LLC with Mr Aflalo.
Mr. Eitches has had extensive experience with repositioning multi-family and commercial assets purchased in distress sales in the Los Angeles, Phoenix, Dallas and Chicago markets.
Mr. Eitches received a Bachelors in Science from the University of Southern California’s in Business Management. In 2002 Mr. Eitches studied at the Copenhagen Business School as well.
Bo Lindsey is the Senior Construction Manager of Blackwood Developments. Mr. Lindsey is the head of our construction department and is responsible for overseeing permitting, land development, and construction.
Mr. Lindsey has been in the construction industry for 36 years, beginning at age 17, and later worked in the restoration field doing flood and fire restoration for 10 years. Mr. Lindsey was also VP of construction in the multifamily industry, where he managed over $600 million a year in construction budgets. Prior to his career at Blackwood Developments, Mr. Lindsey owned and operated Ranger Paint, which he took from conception to $5 million dollars a year in the first year. Mr. Lindsey is an expert and leader in construction, rehab, and make ready activities.