Rey Melendi joined 13th Floor in 2012, and oversees the development, construction, and operational asset management of the Sponsor’s investments. Mr. Melendi leads the firm’s development team and drives the vision for all development projects. Mr. Melendi’s areas of expertise include construction, development, underwriting and acquisition of land, and day-to-day management of large groups of personnel. He has in-depth knowledge of land entitlement, permitting processes and DRIs. Previously, Mr. Melendi was the Director of REO at Rialto Capital Management LLC where he managed over $300 million in commercial and residential REO properties in the Pacific Northwest, Midwest and Eastern Seaboard. Prior to joining Rialto, Mr. Melendi held several senior roles within Lennar Corporation. Most recently, he was Senior Vice President at Lennar Ventures, focusing on strategic partnerships in the Renewable Energy Industry, as well as managing Lennar’s Government Affairs initiatives at the Federal and State level. As a member of the Lennar family for over 17 years, he held the titles of President (of the South East Florida Land Division), Real Estate and Sales Agent, Superintendent, Construction Area Manager, Director of Construction, VP of Construction and Division President. Mr. Melendi was President of the Builders Association of South Florida and is a member of its Board of Directors. He is also involved with the United Way Young Leaders. In 2005, he was awarded the prestigious Latin Builders Association “Land Developer of the Year” Award. He holds an associate degree in Criminal Justice and has a General Contractor’s License.