CST Multifamily Real Estate Services, LLC , The Partners
THOMAS DELAHAYE, President and CEO, brings vision and experience in land acquisition, construction contracts, property management and investment expertise to a family of firms dedicated to multifamily property assets. He is a graduate of Loyola University and Loyola University Law School. After practicing law in Louisiana for more than twenty years, he retired from his law practice in 2006 and now devotes full-time as president and chief executive officer of CST Multifamily Real Estate Services, LLC. While practicing law, Delahaye began developing and acquiring property, owning, and managing commercial and residential units, including single family subdivisions and apartment communities. Delahaye combines strategic leadership skills with broad business acumen in land development, financing, contracts and management. Tom leads CST Multifamily Real Estate Services and its subsidiaries: CST Multifamily Group, CST Land Developers, and CST Development Funds.
CHRISTOPHER COFFIN, PARTNER, AND STAN BAUDIN, PARTNER- As partners in CST Multifamily Real Estate Services, Chris and Stan have actively participated in the acquisition, development, and management of the highly successful multifamily real estate firm. The partners’ expertise in the field of law enhances the strength and viability of CST Multifamily Real Estate Services and its subsidiaries. Chris and Stan are partners in the law firm Pendley, Baudin and Coffin of Plaquemine and New Orleans, Louisiana.
Leading CST Multifamily Real Estate Services and its Subsidiary Firms
Thomas Delahaye, President, CEO
CST Multifamily Real Estate Services, LLC
CST Multifamily Real Estate Services President and CEO Tom Delahaye leads the umbrella organization of CST Multifamily affiliated firms, CST Multifamily Group, CST Land Developers, and CST Development Funds. As an attorney, real estate developer and strategist, Tom created and guides the firm to new heights in property management, land development, and investment strategies. Client relations, new property acquisition and the firms’ oversight are his focus.
Bryan Bresler
Vice President and Chief Operating Officer (COO)
Bryan Bresler, Vice President and COO, has 25 years of deep and broad experience in real estate development. He began his career in affordable single-family housing development for a non-profit organization based in Ohio, and in sales with a family-owned real estate brokerage where he worked on auctions and on rural land development. He spent over 18 years with a leading national non-profit syndicator in various senior roles including in development advisory services where he secured funding for LIHTC developments, and in asset management where he completed over 40 dispositions on behalf of investment funds generating millions in proceeds for limited partners. Bryan has advised CST Land Developers on several affordable housing developments: Morningside at Juban Lakes, a $21 MM senior housing development; The Reserve at Juban Lakes, a $23 MM family development; and The Reserve at Howell Place, a $71 MM development in East Baton Rouge Parish, The Reserve at Howell Place, scheduled to open in 2023. In addition, he is active with ongoing financial assessments of CST’s market-rate developments and asset management services including Limited Partner Interest acquisitions. His expertise in numerous facets of multifamily assessment, evaluation, and development adds to the broad talent resources of CST Multifamily Real Estate Services.
Mike Dummermuth, Director of Financial Structuring
Prior to joining CST, Mike Dummermuth provided consulting services to CST related to financial structuring. He has been a financial analyst in the Low-Income Housing Tax Credit (LIHTC) industry since its inception in 1986 and brings extensive experience and expertise to CST. He worked for the Ohio Housing Finance Agency from 1985 to 1993 managing the LIHTC program for OHFA during his last six years. He later joined National Affordable Housing Trust (NAHT), working more than 25 years in various roles including VP of Financial Structuring and Quality Assurance. In 2018, he formed MSD Consulting LLC, offering financial structuring/analysis services to various companies in the LIHTC industry.
Jacob Bresler, Director of Project Management
Jacob Bresler, Director of Project Management, is one of the newest members to the CST team and provides an injection of youth. He prepares draw models and coordinates the entire draw process on behalf of CST, including collaborating with lenders, contractors, and any other required entities. In addition, he leads the preparation of all applications including LIHTC, tax-exempt bonds, and gap funding requests. Finally, he supports asset management by running stabilization analyses and analyzing the financial performance of all assets. Jacob is currently undergoing further training to continue to develop his skills and expand his knowledge of affordable housing and the real estate development world.