Melanie Domres
President New Tower Trust, BGO
Bethesda, MD 20814
Phone (301) 656-9119
Property Types
Office
Markets
Washington, DC
Bio
Melanie Domres is Executive Vice President of Novus Residences LLC and has worked with Cafritz Interests since early 2007, serving as Senior Vice President.
In her career, she has overseen the operations of more than 15,000 apartments in 15 states and the District of Columbia. Ms. Domres has worked at the institutional level, managing apartment operations for the Goldman Sachs subsidiary Archon Group, as well as turning around a distressed portfolio owned by Donaldson, Lufkin and Jenrette (now Credit Suisse First Boston). Additionally, she has worked for private developers, including managing more than 8,000 apartments for DC-based Kettler and developing 2,000 apartments for a Philadelphia-based Berman Companies.
At Cafritz, she directed the development and asset management of all of the firm’s projects. Representative projects include 1) the acquisition, financing and entitlement of a 600,000 square foot luxury residential project in Steamboat Springs, Colorado, 2) the construction, lease up and financing of a 430,000 square foot industrial facility in Allentown, Pennsylvania and 3) the construction, lease up and disposition of a 376-bed luxury student housing community in Milwaukee, Wisconsin.
Prior to joining Cafritz, Ms. Domres served as vice president of ARK Realty Capital where she arranged debt and equity financing for over $500 million in transactions, including $300 million in residential projects. Prior to her ARK experience, she was director of asset management for Kettler, a leading Washington-area development company, where she was responsible for all property operations on a 37-property portfolio totaling more than 8,000 apartment units.
Ms. Domres’ experience also includes serving as a senior asset manager at Archon Group, a subsidiary of Goldman, Sachs & Company, where she directed all aspects of property investments on a rotating pool of 15 to 20 residential properties. Prior to Archon, she was an asset manager at Donaldson, Lufkin and Jenrette (now Credit Suisse First Boston), where she managed the workout and liquidation of a $300-million distressed portfolio. Early in her career, Ms. Domres served as vice president of the Berman Companies, a Philadelphia-based residential developer.
With experience in all property types, Ms. Domres has directed multiple acquisitions and dispositions; served as project manager for numerous large rehabs; and has overseen all aspects of construction, lease-up, and sale of properties. She received her M.B.A. from the Wharton School at the University of Pennsylvania in 1995 and a B.A. in Political Science from Stanford University in 1986.
