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About Us

NAP is headquartered in Cincinnati, where we were founded in 1954, and where we continue to operate and provide centralized support to each of our offices and portfolio companies located across the United States.

Each of our offices and portfolio companies are empowered to carve their own distinct path within our shared mission and vision by our Executive Team who provides keen insight and guidance. Meanwhile, our Executive Staff supports the vision of the leadership by providing superior services so that our real estate offices and portfolio companies can focus on new opportunities and the growth of their business.

The Executive Staff provides support in the following core areas:

  • Accounting
  • Business Intelligence
  • Capital Markets
  • Human Resources
  • Information Technology
  • Risk Management
  • Strategic Projects
  • Tax Services

Executive Team


Tom Williams

Chief Executive Officer

Joe Williams

Chairman of the Board
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Dick Williams, CFA


Tony Hobson

Managing Partner

Kevin Riley

Partner and Chief Operating Officer

Kim Jostworth

Chief Financial Officer

Managing Partners

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Dale Hafele

Managing Partner, Ft. Myers
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Shawn McIntyre

Managing Partner, Space Coast
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Mike Pacillio

Managing Partner, Dallas
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Tim Perry

Managing Partner, Atlanta

Executive Staff


Conor Abel

Tax Accountant

Donnie Banks

Director, Finance

Keith Benator

Director, Capital Markets

Caitlin Buttry

Senior Accountant, Investments

Denise Buttry

Executive Assistant to CEO
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Jake Campoli

Analyst, Capital Markets

Glenna Clary

Accounting Manager, Development

Megen Cruze

Accounting Manager, Development

Maggie Dillman

Director, Tax

Christy Dougherty

Director, Financial Controller

Kaitlyn Ferrara

Staff Accountant, Operations

Sami Fisher

Office Coordinator

Mallori Fryman

Executive Assistant to the President and COO
Bridgette Hager

Bridgette Hager

Senior Accountant, Investments
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Darla Jennings

Manager, Accounts Payable

Molly Jones

Senior Administrative Assistant

Keri Kilroy

Administrative Assistant, Family Office

Mark Kocoloski

Manager, Tax

Callaghan Luby

Director, Family Office & Investments

Samantha Marx

Director, Business Operations

Sam Nelson

Analyst, Business Intelligence
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Trey Odom

Analyst, Capital Markets

Vandanaa Rajendran

Junior Analyst, Business Intelligence
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Josh Rinear

Accounting Manager, Operations

Ryan Sweeny

Staff Accountant, Operations
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Eileen Varghese

Analyst, Business Intelligence

Luke Williams

Senior Analyst, Finance

Andrew Wullenweber

Accounting Manager, Compliance

Our Values


Relationships with our associates, our investors, our business partners, and our communities are at the very core of what we do. We trust, respect, and believe in each other. The pursuit of strong, respectful partnerships is vital to our success.


We think and act like owners. We create value for our investors, partners, associates, and communities through new development, and we re-invest in our legacy properties to maximize long-term value. We are committed, accountable, and proud of what we do and how we do it.

Strength & Stability

We are investors in the traditional sense, investing our own capital in every project. With a thoughtful, deliberate, and strategic mindset, we boldly invest in the future of our communities.


Our size and financial strength allow us to quickly move and adapt to the changing needs of the market and the customer. We know that the difference between stagnation and transformation can be a single timely decision.

Courage & Creativity

We embrace our entrepreneurial spirit and challenge the status quo. We create solutions before there's a problem; find ideas before there are opportunities.


Independence and initiative are the core principles, firmly rooted in our foundation. With the individual opportunity to stretch, we collectively grow.


We are honest, fair, forthright, and never afraid to do the right thing for the right reason.

Our History


William J. Williams, and his brother, C.F. Williams, great uncle and grandfather of current executives Joe and Tom Williams, founded Western & Southern Life Insurance Company.


In 1954, William J. Williams, Sr., father to current executives Joe and Tom and grandfather to Dick, along with his brother, James R. Williams, founded "North American Management and Development Company". The company would later be renamed "North American Properties". 


Under W.J.'s and J.R.'s leadership, the original Kenwood Plaza was developed. Kenwood Plaza was one of the first open-air plazas to be built in the area. It was also Cincinnati's second post-war shopping complex. It will later be redeveloped and rebranded as Kenwood Towne Center. The Williams partnered with Edward DeBartolo Sr., a renowned businessman, on the original project. 


Coldstream Country Club, a premier private club in Cincinnati, Ohio, was built on the 190-acre site of the Williams Family farm in Anderson Township. The golf course was designed by Dick Wilson, a famous golf course architect who designed over sixty courses throughout the world.


W.J. and J.R. Williams purchased the Cincinnati Reds. Under their leadership, the "Big Red Machine" was fielded and the Reds made six playoff runs. The six playoff runs included four National League pennants and back-to-back World Series titles in 1975 and 1976. In 1984, the Williams sold the team only to later reacquire the Reds in 2006.


Provident Tower was developed by North American Properties and was the first modern high-rise building in Downtown Cincinnati. 


W.J. Williams, Sr. was a founding co-owner of the National Football League's Cincinnati Bengals in 1968. The Williams family maintains an ownership stake in the team to this day.


Joe Williams joined North American Properties as Executive Vice President. Under his leadership, NAP developed well-known malls across Cincinnati and Northern Kentucky.




North American Properties completed the Northgate Mall. Located in Cincinnati, Ohio, construction on the Northgate Mall began in 1970 on the site of a former airport. The development was close to 1 million square feet and the mall was anchored by Sears, McAlpin's, Pogue's, it also included a Kroger Supermarket and featured more than 80 stores. In the late 1980s, NAP would undertake a major redevelopment of the Northgate Mall which included the addition of a Macy's department store.


The Florence Mall was completed. The project was a two-story mall that opened in Florence, Kentucky. The mall was 856,000 square feet, featured 120 stores, and was the largest shopping center in Greater Cincinnati at its completion.


Tom Williams joined NAP, and his brother Joe, coming over from Frost and Jacobs Law Firm. Under Tom's leadership, the Company would expand its presence in the Greater Cincinnati market and, for the first time, grow outside of its core market and into the Sun Belt, opening offices in Texas, Florida, and Georgia. 




NAP expanded its footprint and opened its second office in Ft. Myers, Florida with Managing Partner, Dale Hafele. The Ft. Myers office strategy has been to develop Publix-anchored shopping centers and power centers. The Florida office has developed more than 35 Publix Centers in 30 cities and counties in Florida.


Tony Hobson joined NAP with experience in commercial real estate transactions that include zoning and regulatory law, construction law, and title insurance from Frost and Jacobs Law Firm. The Cincinnati Office develops and manages NAP's midrise, multifamily properties in the Greater Cincinnati market. Under Tony Hobson's tenure, the Cincinnati office has developed over 15 projects, including student housing projects that serve the University of Cincinnati.


With great success, growth, and financial strength, NAP added its third regional office in Dallas, Texas, with Managing Partner, Mike Pacillio. Shortly after opening, the office broke ground on a project named Rancho Mirage in Las Colinas, one of the first projects to break ground in Dallas following the housing market decline in the late 80s. Under Mike's direction spanning four decades, the Dallas office has completed over 35 apartment and condominium communities totaling approximately 15,000 homes along with 2 million square feet of office, retail, and mixed-use projects in the Central and Western United States.


With former Managing Partner, Mark Toro, NAP opened its Atlanta, Georgia office with a vision to acquire, develop and redevelop retail, multifamily, and mixed-use assets.

Upon opening, the office began developing Target-anchored power centers. After the recession, the office became a large mixed-use developer, owner, and operator.

NAP successfully developed important assets such as Avalon and Camp Creek Marketplace and redeveloped Atlantic Station, contributing to the growth and vibrancy of Atlanta.


Kevin Riley joined North American Properties as Partner and Chief Financial Officer, now serving as NAP's Chief Operating Officer since 2014.


Mike Pacillio opened a satellite office, NAP's fifth office, in Minneapolis-St. Paul. The office focuses on apartment and condominium communities, the development of Southwest Station, a mixed-use transit development, and Fountain Place Shopping Center in Eden Prairie as well as several Cub Foods grocery-anchored shopping centers throughout the Twin Cities. NAP completed the sale of all of its real estate assets and closed its Minneapolis office in 2019.


The Williams Family co-led a partnership to acquire the Cincinnati Reds, the second time the family has been a significant Reds owner. Joe and Tom assumed the roles of Chairman and Vice Chairman, respectively. Dick Williams joined the team full-time, eventually serving as the President of Baseball Operations and the General Manager. The team has made multiple postseason appearances during their ownership. The family maintains their ownership in the team to this day.


Giving back to the community has defined the Williams family for generations. In 2009, the Williams co-founded Nehemiah Manufacturing Co. with the goal of diversifying its portfolio through strong brands and their passion for serving those in need in the community. Nehemiah partners with companies and entrepreneurs to license or acquire brands, innovate new product concepts, and manufacture products. What makes Nehemiah unique is its mission to create job opportunities for individuals that need a second chance. Nehemiah has become renowned across the country for its successful leadership in the employment of second chance citizens.


In 2014, with Managing Partner Shawn McIntyre, NAP opened its sixth office in Tallahassee, Florida. The office led the revitilization and redevelopment of the Gaines Street corridor with mixed-use retail and residential projects within walking distance of Florida State University. The projects brought services, shopping, and dining to the student community.


North American Properties entered into a partnership with Last Mile Investments' partners, Ryan Moore, David Birdsall, and Todd Pleiman. Last Mile acquires and manages shopping centers across the U.S.  LMI recently closed on its second equity fund, bringing the total equity raised to over $150 million in its first three years. 


Dick Williams joined NAP as Executive Vice President after a successful career in investment banking and private equity followed by serving as President of Baseball Operations with the Cincinnati Reds. He currently serves as President of North American Properties.




In 2020, Tim Perry, well known for activating properties in order to create memorable experiences for guests, was promoted to lead the Atlanta office as NAP shifted its focus from ground-up development to acquiring, enhancing, and managing large mixed-use lifestyle projects across a large geographic footprint.




eleeo, derived from the ancient Greek word meaning mercy, kindness, and goodwill toward another, was spun out of Nehemiah and joined NAP's portfolio of companies. eleeo is a carefully curated portfolio of family-focused brands: Boogie Brand, Dapple Baby, and Saline Soothers. The eleeo team is led by Richard Palmer and Mark Wuellner.


In December 2020, the Williams Family entered into a multi-year deal to purchase Skyline Chili. Skyline is an iconic, Cincinnati-born institution founded in 1949 that is famous for its Cheese Coneys and 3-Ways. Their unique chili is still made with the original, secret Greek family recipe passed down through generations. Skyline currently has over 130 restaurants, roughly 75% franchised, and distributes its products through retail locations.


Due to the explosive growth along the Space Coast, Shawn McIntyre and NAP relocated the Tallahassee office to Melbourne, Florida, with a vision to develop class A multifamily housing and launch NAP's industrial program.