Development

170 Years of Experience

GLC has nearly 20 professionals on our team and seven principals with nearly 170 years of experience that have closed more than $7 billion of commercial real estate investment across all property types, geographies, capital structures, and economic cycles.

Development

Development

Jeff Smoke

Managing Director & Principal

David Arnold

Managing Director & Principal

Audra Sieradzki

Managing Director & Principal

Clay Scheetz

Managing Director & Principal

Kristen Sawdon

Director of Development

Development Analysts

KJ Sanger

Senior Analyst

Isaac Hall

Analyst

Jeff Smoke

Managing Director & Principal

As Managing Director and Principal at Great Lakes Capital, Jeff pursues a full spectrum of investment opportunities ranging from industrial warehouses and mixed-use developments to distressed debt sales. Jeff has over 15 years of commercial real estate experience and also serves on the executive committee at GLC. Prior to joining GLC, he was a derivatives trader at JonesTrading. Jeff graduated from the University of Notre Dame with a BBA in finance and also competed in the 2004 Athens Olympics.

David Arnold

Managing Director & Principal

For over 30 years, David has been involved in commercial real estate development and investing activities involving over a billion dollars in value. His career has included a broad base of product types within organizations ranging from large financial institutions to entrepreneurial development partnerships. In addition to his real estate practice, David has been very involved in Fort Wayne economic development initiatives and numerous not-for profit boards. David earned a BS at St. Joseph’s College and an MBA from Indiana University with concentrations in both Finance and Real Estate.

Audra Sieradzki

Managing Director & Principal

Audra concentrates on maximizing the value of the GLC portfolio through the development and implementation of property, asset, and portfolio strategies. Focused on new investments and unlocking the value of market opportunities, Audra manages projects fitting her investment acumen as well as tenant and landlord advisory experience. Audra graduated from Vanderbilt University and brings over 13 years of national brokerage, corporate real estate advisory, investment, and development experience to the team.

Clay Scheetz

Managing Director & Principal

Clay serves as Managing Director & Principal of Great Lakes Capital and is a key member of the executive team and investment committee. Clay began his commercial real estate career in 1995 and has closed more than $4.5 billion of investment across property types, geographic markets, capital structures, and economic cycles. Clay graduated with honors from the University of Notre Dame with a BBA degree and earned an MBA from Columbia University. Clay is actively involved in numerous trade and civic organizations including the Colorectal Cancer Alliance where he serves as a national board member. In his free time, Clay enjoys spending time with his wife and three kids as well as water skiing, running, and swimming.

Kristen Sawdon

Managing Director & Principal

With 15 years and over $1B in new and existing real estate development and management experience, Kristen focuses on new investments and unlocking ahead-of-market opportunities. With background in development, asset management, leasing and property management, as well as across mixed-use, multifamily, hospitality, industrial and office asset classes – Kristen brings a broad knowledge base and strategic perspective to new development. Kristen holds an MBA with honors from the University of Notre Dame and a BA in business and psychology from Saint Mary’s College.

KJ Sanger

Senior Analyst

As Senior Analyst at Great Lakes Capital, Kathryn assists lead developers with project analysis and advancement, and asset managers with financial review and modeling. Prior to joining GLC, Kathryn worked as an Investment Associate with PGIM Real Estate on the Agency Multifamily team. In her previous role, Kathryn was directly involved with the underwriting and financing of over $3 billion in multifamily transactions. Kathryn graduated from Gettysburg College with a BA in Political Science and Economics.

Isaac Hall

Analyst

As an analyst, Isaac is involved in all aspects of the development process. He assists Jeff Smoke on a variety of multifamily to industrial projects located in the expanded Midwest region. He is heavily involved in financial modeling, project management, and other tasks associated with development and acquisitions. Isaac is a recent graduate of Indiana University South Bend’s Judd Leighton School of Business with a BS in Business with a focus in Finance and Minor in History. In his free time, Isaac enjoys hunting, fishing, and hiking.
Martin Huttenlocker Headshot

Martin Huttenlocker

Development Manager

Leveraging 17 years of relationships and extensive background in the commercial real estate industry, Martin provides direct strategic and analytical support as part of the Great Lakes Capital development team. Since joining the firm in 2017 he has performed a hybrid role in asset management and brokerage services within the GLC portfolio. Martin earned a BA in Political Science from the University of Missouri/Columbia and an MBA from Roosevelt University in Chicago.