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Leadership and Experience.

A pioneer in the industry and drawing on more than eight decades of experience, we Aim Higher in the relentless pursuit of optimal operating performance and responsiveness to our clients, residents, tenants and each other.

Across the company, senior leadership is as accessible as those on site, each ensuring that every interaction leaves a lasting impression. This is the DF Way.

Wendy Drucker, CPM
Managing Director

With a degree in experimental psychology from Wheaton College in Massachusetts, Wendy pursued her passion of working with autistic children prior to joining the firm in 1981. Based first in the Raleigh office, she has worked in nearly every multifamily capacity in the firm. In 1994, Wendy moved to the company’s headquarters in Newport News, Virginia, where she serves as Managing Director. A community leader and philanthropist, Wendy’s passion is new business development.

Kellie J. Falk, CPM, HCCP, MBA
Managing Director

Kellie received her BA from Meredith College with a major in Business Economics and minor in Religion. She earned her MBA with a concentration in Real Estate Finance and Urban Development from American University.

Kellie began her career at Drucker + Falk in 1988, leaving shortly thereafter to satisfy her entrepreneurial spirit, running a successful housing company. She returned in 1996 to focus on the family business, overseeing new apartment construction projects and spearheading the company's early introduction to technology. A notable and active presence in the industry, Kellie is a North Carolina Apartment Association Hall of Fame inductee, the recipient of multiple state and local recognitions, serves on the Board of Trustees of a local college, and recently served as President of the North Carolina Apartment Association. In addition to business development, Kellie enjoys the opportunity to renovate and reposition assets.

David Falk, CPM, HCCP, MBA
Managing Director

Inquisitive about the world, David has visited dozens of countries experiencing life among its most diverse people and cultures. A graduate of North Carolina State University with a degree in finance, David is an early adopter of all things technical, and a staunch advocate of using technology to smartly create operating efficiencies and expense savings, while being ever mindful we are in the "people" business. A self-proclaimed emerging technology and gadget guy, David drives a Tesla, or it drives him, something he started long before "car charging station" was part of the modern-day vernacular. David focuses on due diligence, finance, equity partnerships, development, syndication, and brokering multifamily investments.

James E. Ledbetter, MBA
President and COO

A graduate of Auburn University with a BS in Industrial Management, Jim earned his MBA with a concentration in finance from Georgia State University. An investment and asset management executive with some of the industry’s most prominent firms, Jim came to Drucker + Falk in 2009, bringing with him extensive commercial real estate acquisition, disposition, finance, development, brokerage, and management experience. Cheering "War Eagle" amid all things orange and blue, Jim is a supporter of anything "but Bama. " A workout enthusiast, bike rider, avid fisherman and skier, whose business discussions are often fronted by a throwback sports analogy, Jim has been instrumental in the transformation of Drucker + Falk to a NMHC Top 50 firm.

J. Guy Buck, CPA, MBA
Chief Financial Officer

Not the stereotypical CPA, Guy is a classically trained musician who performs with his wife and\or one or more of his talented three sons at church and other local functions. When he's not helping underwrite an acquisition or refinance an asset, Guy is also known to be a fierce competitor on the tennis court. Joining Drucker + Falk in 2004 as the firm’s Chief Financial Officer, Guy previously served as Chief Financial Officer and Chief Operating Officer for Cassidy & Pinkard, the largest locally owned commercial real estate services company in the Washington, DC metropolitan area. In addition to overseeing accounting, human resources, IT and other areas, Guy specializes in securing asset financing on behalf of clients, as well as overseeing underwriting and investment transactions. A graduate of East Carolina University with a bachelor’s degree in Music, Guy obtained his Master of Business Administration through the University of Colorado Springs. He is a Certified Public Accountant (CPA®) and a member of the American Institute of Certified Public accountants.

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Sponsors of institutional investments that generate attractive income and superior returns.
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