Mr. Boggs graduated from Ball State University in 1992 (BS – Accounting). He started his career with Pedcor Investments, LLC as a Staff Accountant in 1993. In 1995, Mr. Boggs went to work for Simon Property Group, the largest REIT in North America at the time, where he worked for three years holding both Staff & Senior Accountant roles. In 1998, Mr. Boggs was re-hired by Pedcor Investments, LLC as an Assistant Controller and was later elevated to CFO in 2006 where he currently serves in the same role. Mr. Boggs has over 25 years of residential and commercial real estate accounting experience. In 2019, he was named the CFO of Pedcor Financial, LLC, the upper tier bank holding company for United Fidelity Bank, fsb (Evansville, IN) where he currently serves in the same role. Mr. Boggs oversees the Real Estate & Bank Holding Company accounting operations for Pedcor Companies, which includes approximately 40 accounting and finance staff members.
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Ryan Scheele
Mr. Scheele graduated from Indiana University – Bloomington in 2016 with a B.A. in Political Science and earned his Juris Doctor degree from Indiana University Robert H. McKinney School of Law in 2019. Ryan joined Pedcor Investments in 2020.
Read MoreTurner Lesnick
Mr. Lesnick graduated from Marian University – Indianapolis with a B.S. in Finance with concentrations in business analytics and communications. Turner joined Pedcor in August of 2019 after previously working with another leading affordable housing developer. His development efforts are mostly focused throughout the Midwest.
Read MorePhillip W. Bernard
Mr. Bernard graduated from Ball State University with a B.S. in Accounting. Before joining Pedcor, he had 8 years of prior accounting experience in various industries including hotel management and development, HOA and rental management, and road construction.
Read MoreSusan M. Janssen
Ms. Janssen graduated from the Indiana University Kelley School of Business in 1990 with a BS in Accounting. Immediately following graduation, she spent five months in Accra, Ghana West Africa working as a student intern for a local public accounting firm. Ms. Janssen has over 20 years of accounting and finance experience, having held various positions with Fortune 500 companies, including Plant Controller for The Gatorade Company (then a division of The Quaker Oats Company) and Financial Analyst at Stanley Black & Decker (formerly known as The Stanley Works) in Indianapolis. Ms. Janssen began her employment with Pedcor Investments in December, 2011.
Read MoreTracey L. Da Silva
Ms. Da Silva graduated Summa Cum Laude from Indiana Wesleyan University in 2014 with a Bachelor of Science in Business Administration. She previously attended Indiana University-Purdue University at Indianapolis and International Business College. She joined Pedcor Investments in May, 1993 as an Administrative Assistant, was later promoted to Development Assistant and then to Vice President of Development. In 2002, Ms. Da Silva started her own real estate business and became a real estate agent for RE/MAX Preferred and the Sycamore Group. She returned to Pedcor in 2005. All of these positions have given her experience and insight into multiple aspects of real estate transactions and the development process, and she currently utilizes these skills as a member of the legal department. Prior to working for Pedcor, she worked in the auditing and actuarial departments of the American United Life Insurance Company.
Read MoreSusan E. Krohne
Ms. Krohne graduated from Indiana University/Purdue University of Indianapolis in 1994 and earned a Juris Doctor degree from the Indiana University School of Law of Indianapolis in 1998. Prior to joining Pedcor in January of 2003, Ms. Krohne worked as a Vice President & Trust Officer in the Wealth Management Departments of both Bank One and National City Bank. Ms. Krohne is a member of the Indiana State Bar Association and Indianapolis Bar Association (IBA), and is a Distinguished Fellow of the Indianapolis Bar Foundation. She has served on the executive councils of both the IBA’s Women and the Law Division and the Young Lawyers’ Division as well as the IBA’s Executive Council.
Read MoreThomas G. Crowe
Mr. Crowe graduated from the University of Notre Dame in 1988 (BA – Accounting). He worked for NBD – First Chicago Corporation for approximately eight years as a commercial lender in several departments, leaving as a Second Vice President. His responsibilities during his tenure at the bank included lending to real estate developers, builders, commercial contractors and architects/engineers. Additionally, Mr. Crowe was responsible for underwriting of the bank’s investment in limited partnership interests for affordable housing.
Mr. Crowe joined Pedcor Investments in 1996 and has since advanced to Executive Vice President. During his tenure with Pedcor, Mr. Crowe has been responsible for the development and financing of thousands of apartment units in multiple states. Mr. Crowe has served as a guest panelist for the Urban Land Institute, the Nebraska Investment Finance Authority, and the Illinois Housing Development Authority. His responsibilities include oversight of all aspects of apartment development transactions, including site selection, financial feasibility, plan production, debt and equity procurement, partnership agreement negotiation, legal documentation and investor relations.
Read MoreMichael S. Byron
Michael S. Byron, Vice President – Development. Mr Byron graduated from Indiana University Bloomington in 1995 and earned a J.D. from the Valparaiso University School of Law in 1999. Mr. Byron joined Pedcor in October 2007, having previously worked as a staff attorney for the Indiana Department of Environmental Management, Office of Legal Counsel, Department of Enforcement, as well as an associate in the private practice of law for a local law firm focusing on litigation, real estate and environmental law.
Mr. Byron served as the Director of Down Syndrome Indiana, Dads Appreciating Down Syndrome (DSI D.A.D.S.) for five-plus years. Mr. Byron remains actively involved in DSI D.A.D.S. and continues to assist and support fathers and families of individuals with Down syndrome on a regular basis. Mr. Byron also served as a member on the Indiana Advisory Board of Best Buddies Indiana for two years.
Phillip J. Stoffregen
Mr. Stoffregen has been involved in commercial and residential development and financing since 1984. In 1980 he earned a BS in Business Finance and in 1981 an MBA degree in Financial Economics, both from Indiana University, Bloomington, Indiana. In 1984 he graduated magna cum laude from the Indiana University School of Law in Bloomington and joined Ice Miller Donadio and Ryan, Indianapolis, Indiana, as an associate, becoming a partner active in both the Real Estate and Municipal Finance Sections of the firm in 1991. His legal practice focused on taxable/tax-exempt financing and development of single-family/multifamily housing. Mr. Stoffregen served in a bond counsel capacity to the Indiana Housing Finance Authority and other Indiana issuers for various housing related tax-exempt financing programs. He also represented for-profit and not-for-profit multifamily housing developers, lenders and investors, primarily in the area of low-income housing tax credit, financing and development issues.
In 1992, Mr. Stoffregen joined Pedcor Investments, LLC as a partner where he spends most of his time on apartment development, construction and financing activities. Pedcor and its affiliates have developed in excess of 30,000 apartments since 1986, most of which participate in the low-income housing tax credit program. He is currently Executive Vice President and COO of Pedcor Investments, LLC and Executive Vice President for most of the Pedcor upper-tier companies.
Mr. Stoffregen is a Director/Member of the Executive Committee/Executive Vice President of Fidelity Federal Bancorp which is the immediate holding company for United Fidelity Bank, Evansville, Indiana and he is also a Director/Executive Vice President of Pedcor Financial, LLC, which is the top-tier bank holding company for United Fidelity Bank, all of which are owned and controlled by Mr. Stoffregen and his partners in Pedcor.
In 2015, acting as Pedcor’s representative, Mr. Stoffregen joined the Board of Directors for the Affordable Housing Tax Credit Coalition (AHTCC), a national trade organization for affordable rental housing that seeks to preserve, expand and improve the Housing Credit and complementary programs through legislative outreach and education (member of Executive Committee 2021 to present). Mr. Stoffregen served with the Urban Land Institute (ULI), a nationally recognized organization in the fields of development, land use and urban planning, where he was a member of the Affordable/Workforce Housing Council (2012 to 2019). Mr. Stoffregen also served as a director of the Martin Luther King Community Development Corporation (1991 to 2000), and as a founding member of the board of directors for Coburn Place Safehaven, Inc., an Indianapolis not-for-profit operating transitional housing for victims of domestic violence (1996 to 2012), serving stints as Board Chairman for both groups.
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