Leadership
Vesta is led by managing directors Arthur Greenblatt and Steve Erie. Working together since 1981, they have closed financings approaching $1 billion for the development and finance of thousands of housing units in 12 states plus the District of Columbia.
Steven Erie / Managing Director
Arthur Greenblatt / Managing Director
Lewis Brown / Vice President Development
Joshua Greenblatt / Vice President Property Operations
Margo Kelleher / Vice President Development
James Volpe, CPA / Vice President, Corporate Controller
David Willmarth / Vice President Development
Patrick Murphy / Vice President Human Resources
Steven Erie - Managing Director
Mr. Erie is known for his corporate management skills. In addition to his involvement with new business transactions, he oversees company operations, including the development and implementation of annual plans for both Vesta and the properties in its portfolio. Mr. Erie was previously Vice President, Corporate Planning and Management with Covenant Mutual Insurance Company; and prior to that position, he was a Systems Analyst for Amtrak. He has an M.B.A. from the University of Connecticut, M.S. from Rensselaer Polytechnic Institute and B.A. from Concordia College. Mr. Erie is a member of the Board of Directors of the National Housing & Rehabilitation Association, the leading national trade association for government assisted rental housing.
Arthur Greenblatt - Managing Director
Mr. Greenblatt's creative vision provides the perfect complement to Mr. Erie's attention to detail. New business development is Mr. Greenblatt's principal responsibility, one for which his ability to integrate the conflicting interests of various participants is uniquely suited. Mr. Greenblatt was formerly the general counsel of the Connecticut Housing Finance Authority. During his tenure at CHFA, Mr. Greenblatt was instrumental in the creation of its uninsured multifamily mortgage program and was responsible for workouts of troubled projects. Prior to CHFA, Mr. Greenblatt was in private practice with a Hartford law firm specializing in real estate. He has a J.D. from the University of Connecticut School of Law and a B.S. from American International College.
Vice Presidents
Lewis Brown - Vice President Development
Mr. Brown has worked for Vesta Corporation since 2005 on all aspects of the development process, including feasibility analysis of new projects, development plan implementation, and construction oversight. Prior to joining Vesta, he worked for 3½ years as Assistant Corporation Counsel for the City of Boston. His work consisted of litigation and transactional matters with a focus on real estate, contract, and construction issues. Prior to joining the City of Boston’s Office of the Corporation Counsel, he worked as an associate at the Boston law firm of Atwood & Cherny. Lewis graduated with honors from the University of Michigan and Summa Cum Laude from Suffolk University Law School.
Joshua Greenblatt – Vice President Property Operations
Mr. Greenblatt has worked with Vesta since 1998. He has been involved in all facets of the business, ranging from finance and development to property management and construction. He currently is responsible for overseeing all aspects of on-site property management. He supervises a staff of more than 125. He has an M.B.A from the University of Connecticut and a B.A. from Goucher College.
Margo Kelleher – Vice President Development
Ms. Kelleher has worked with Messrs. Erie and Greenblatt since 1986, being involved in all aspects of new business development, finance, and asset management. She handles all aspects of the development process, including feasibility analysis of new projects, arranging debt and equity financing, and development plan implementation. She was formerly Director of Single-family Programs at Connecticut Housing Investment Fund, Inc. She has an A.B. from Dartmouth College.
James Volpe, CPA – Vice President, Corporate Controller
Mr. Volpe is responsible for all accounting functions at Vesta, both corporate and partnership, including all financial reporting and controls. Mr. Volpe joined Messrs. Erie and Greenblatt in 1990. He was previously with Deloitte & Touche where he was involved in all aspects of audit and tax work for the small business sector. Mr. Volpe has a B.S. in Accounting from Central Connecticut State University.
David Willmarth – Vice President Development
Mr. Willmarth has worked with Mr. Erie and Mr. Greenblatt since 2005. Mr. Willmarth has been in the real estate and development business for over 20 years, and has spent the last 15 of those years working exclusively in affordable housing. Prior to joining Vesta, he served as an acquisitions specialist for a tax credit developer and as a partner in a Washington, D.C.-based firm developing and consulting on LIHTC properties.
Patrick Murphy – Vice President Human Resources
Mr. Murphy joined Vesta corporation in 2011 and is responsible for ensuring the delivery of a human capital strategy that supports the attraction, engagement, development and retention of talent necessary for Vesta to meet its growing business needs. He provides strategic oversight for the company’s talent acquisition, compensation and benefits, employee relations, organizational development and learning programs that support Vesta employees across the United States. His professional career spans over 25 years where he has held senior leadership positions with Webster Financial Corporation, LEGO, and Procter & Gamble. Murphy holds a BS degree in Business Administration from the State University of New York at Oswego.
