trust is earned
The principals of REIT Funding have a thorough understanding of the technical issues facing REITs — knowledge that is founded on personal experience in private REIT formation, real estate taxation and securities regulations.
Our entire staff is 100% dedicated to the REIT shareholder business.
As president and founder of REIT Funding, Charles Harrison offers his unique insight and proven expertise and management skills to all operations of the firm and its affiliates. He is also a co-founder and co-owner of H & L Equities, LLC.
Charles holds Series 7, 24, 63 and 79 licenses. He is an active member of NAREIT, the Association of Foreign Investors in Real Estate, (served as Board Member and on the Executive Committee and as Chair of the Legal and Tax Affairs Committee), The Real Estate Roundtable (President's Council, Tax Policy Advisory Committee and Real Estate Capital Policy Advisory Committee), and the American Institute of CPAs and the Georgia Society of CPAs. He has authored many articles on tax and structure issues and has been a presenter at numerous forums on REITs and international taxation.
Prior to founding REIT Funding in 1998, Charles spent 25 years with Arthur Anderson & CO, SC, where he was a partner with a focus in fields related to real estate and international taxation. He was a leader on the firm's International Business and Tax Teams and an active participant on the Real Estate and Partnership Tax Specialty Groups, where he advised on the formation and operation of numerous REITs. Charles is a graduate of Georgia State University with studies in accounting, finance and taxation.
Chief Operating Officer
Scott Harrison oversees REIT Funding’s operations to ensure the firm is functioning at its most efficient so client offerings are their most effective. In addition to managing the offering, dividend payment and Form 1099 reporting processes, Scott is responsible for the firm’s staffing, IT systems, infrastructure and security. He’s also in charge of investor relations and acquisition, financial advisor partnerships and marketing.
Scott holds Series 7 and 63 licenses and is an active member of NAREIT, the Association of Foreign Investors in Real Estate and The Real Estate Roundtable.
Prior to joining REIT Funding in 2004, Scott was a consultant for Accenture and North Highland. He earned a BS from Georgia Tech in Computer Science and an MBA from Emory University’s Goizueta Business School, with an emphasis in real estate and finance.
Vice President, REIT Funding, LLC
Chief Compliance Officer, H & L Equities, LLC
As Vice President of REIT Funding, LLC, Phyllis Johnson is engaged in the firm’s daily legal processes, assisting our general counsel with the preparation of all legal documents relating to private placement offerings and the redemption and transfer of shares.
In addition to her duties as Chief Compliance Officer of H & L Equities, Phyllis is also a co-founder and co-owner of the broker dealer, as well as General Securities Principal and Financial and Operations Principal. She is responsible for ensuring securities compliance, including SEC and FINRA interactions.
Phyllis holds Series 7, 22, 24, 27, 63 and 79 licenses.
Prior to joining REIT Funding in 1998, Phyllis was CFO of Randy Seckman & Associates, Inc., a registered investment advisory firm. She was also co-founder, Chief Compliance Officer and Financial and Operations Principal of RS Equities, Inc., a registered broker/dealer specializing in private placements. Phyllis received a BS from Georgia State University, where she also studied accounting, finance and information systems.
Vice President & General Counsel
Patrick Whelchel focuses on supervising and facilitating all phases of our private placement activity, including client relations, due diligence, document preparation and distribution, securities law compliance, investor relations and closing.
Having closed hundreds of successful private placements of equity securities, Patrick spends time counseling our clients on the REIT ownership rules, educating them regarding our services, and offering his experience on related securities law and compliance issues.
As in-house general counsel, he supervises our Form D/Blue Sky filing program, maintains our library of sample documents for client use, assists with broker-dealer compliance for H & L Equities, and provides legal support for our administration, risk management and human resources functions.
Patrick holds Series 7 and 63 licenses, is a registered representative of H & L Equities, LLC, and is a member of both the State Bar of Georgia and the American Bar Association.
Prior to joining REIT Funding in 2006, Patrick was in private practice for 10 years in Atlanta, most recently with Sutherland Asbill & Brennan. During this time he served as general outside counsel to businesses in several industries and routinely represented fund sponsors, issuers and investors in private equity transactions. Patrick holds a Bachelor of Science from The University of the South in Sewanee Tennessee and Juris Doctor from Tulane University School of Law, where he was a DeBlois Scholar.
Chief Financial Officer, REIT Funding, LLC
Financial and Operations Principal, H & L Equities, LLC
Lori Mayfield offers her financial expertise to our existing REIT clients with notification, receipt and distribution of investor dividend payments; client invoicing and accounts receivable; filing of Form 1099-DIVs to investors and the IRS; and various audit inquiries. Her financial functions for the firm include cash management, accounts payable and FINRA financial reporting.
Lori’s licenses include: Series 27, Financial and Operations Principal; Series 7 and Series 63, General Securities Representative; Series 79, Limited Representative – Investment Banker; Certified Management Accountant (CMA); Certified Financial Manager (CFM); and Certified Internal Auditor (CIA). She is also a member of the Institute of Management Accountants and is registered with FINRA.
Prior to joining REIT Funding and H & L Equities in 2006, Lori served in a number of financial positions with BellSouth and MCI Telecom, was a consultant with North Highland, and was Controller of StillPoint Advisors and CFO of StillPoint Wealth Management. She earned a BS and her MBA from Vanderbilt University.
Director of IT
Kate Verner is responsible for the oversight, management and ongoing improvement of REIT Funding’s websites, internal applications and technical infrastructure to ensure our client service is based on the latest technological innovations. A Microsoft® Certified Solutions Developer, Kate also manages subscription agreements and investor payments during open investment offerings.
Prior to joining REIT Funding in 2007, Kate was a manager at North Highland with experience in process improvement, financial software selection and development, and reporting application development. Kate earned a BS from the University of Georgia.
Senior Associate and Paralegal
Laura Harrison assists in the preparation, drafting and editing of various private placement offering documents. She ensures the accuracy of completed subscription packages, and provides our REIT clients with regular status updates throughout the offering process. Laura also performs quality assurance duties, editing and proofreading letters, agreements and various client and investor correspondence. She also provides paralegal support.
Prior to joining REIT Funding in 2006, Laura served as a paralegal with Banc of America Securities in New York City, Ronin Capital, LLC/Stafford Trading, Inc. and Lord, Bissell & Brook in Chicago. She holds a BA from Colorado State University and her paralegal certificate from Emory University.
Sandra Lewis provides paralegal support for both REIT Funding, LLC and broker dealer H & L Equities, LLC.
Sandra assists REIT Funding’s general counsel with document review, marketing research and legal research, including tracking the latest Regulation D developments. She also ensures all Form D state and federal filings are on time and Blue Sky compliance is maintained. In addition, Sandra helps in preparing proposal letters, processing offering documents and tracking new offerings.
As support for H & L Equities Compliance Officer, Sandra processes new investor accounts and maintains contact information. She also assists with annual audits, account verifications, and redemption and liquidation processing.
Prior to joining REIT Funding and H & L Equities in 2012, Sandra served as a legal secretary and executive assistant for more than 25 years with a national and international law firm specializing in corporate and commercial real estate law.
A Microsoft® Certified Solutions Developer, Ken Lai manages and maintains all internal applications and databases, enhancing current procedures, creating new functionality and optimizing processing speeds. Ken also helps produce investment histories and client-requested reports, as well as PPMs and CDs.
Prior to joining REIT Funding in 2011, Ken was a senior developer with PilotHSA, a business analyst with Georgia Pacific and a network engineer with Bluewave. He holds dual BBAs in Computer Information Systems and Accounting from Georgia State University.
Microsoft is either a registered trademark or trademark of Microsoft Corporation in the United States and/or other countries.
Charles Harrison and Phyllis Beck also serve as owners/principals of H & L Equities, LLC.