Stablewood Properties is a data-infused real estate operator formed by a team of veteran real estate and data science professionals. Stablewood combines the best of traditional CRE investment and management with proprietary data analytics to better integrate previously inefficient processes throughout the investment life cycle.


Glenn Lowenstein

Chief Executive Officer

Glenn has been investing in commercial real estate for over 35 years as a developer, operator, and fiduciary on behalf of many of the world’s largest institutions. He has designed, financed, and executed multiple national and international investment strategies, representing over $20 billion in transactions. Glenn was the co-founder, CEO, and CIO of Lionstone Investments, which was founded in 2001 and sold in 2017. Previously he worked at Hines for over a decade, ultimately as the Chief Investment Officer. Prior to 1989, he worked in real estate investment banking at leading Wall Street firms. Glenn has a Bachelor of Arts from Georgetown University and a Master of Business Administration from New York University.

Alyssa Balough

Head of Capital Markets

Alyssa has nearly 15 years of experience building real estate businesses including the formation and management of a multitude of investment ventures. Prior to Stablewood, she was a Principal at CREA, an Austin-based real estate developer, where she formed a $300 million programmatic venture with a leading sovereign wealth fund based in Singapore. Before that Alyssa spent six years at Lionstone Investments leading the firm’s capital markets initiatives, driving growth in assets under management from roughly $2 billion to over $7 billion. She began her career in New York at Grove International Partners, a global real estate private equity firm. Alyssa holds a Master in Professional Accounting and a Bachelor of Business Administration from the University of Texas in Austin.

Spencer Burton

Head of Investments

Spencer has nearly 20 years of real estate investment and development experience. Prior to Stablewood, he was a Director at Northwestern Mutual where he assessed new opportunities for the firm’s $45 billion real estate portfolio. Before that, he developed residential land development projects in the United States and Latin America. Spencer is also the co-founder of the popular real estate educational website Adventures in Commercial Real Estate (A.CRE). Spencer holds a master’s degree in real estate from Cornell University and a Bachelor of Arts in International Affairs and Economics from Florida State University.

Gert Stahl

Chief Technology Officer

Gert is a data scientist with over 20 years of software development experience. For almost a decade he has been focused on the real estate investment industry in the United States and Europe. He has designed and built state-of-the-art market analytics, underwriting, and fundraising platforms for several companies. Gert holds a Master of Business Administration from the University of Miami, and a Bachelor of Arts from the University of Sheffield in the United Kingdom.

Brandon Taubman

Chief Information Officer

Brandon is a data scientist and financial engineer with 15 years of experience within investment banking, sports analytics, and real estate. Prior to joining Stablewood, he charted and led the analytics effort for the Houston Astros where he progressed to Assistant General Manager and oversaw the research and development and scouting departments. Brandon began his career valuing complex credit and equity derivatives for Wall Street firms including Ernst & Young and Barclays Capital. Brandon holds a Bachelor of Science from Cornell University.


Alex Lampert

Senior Acquisition Analyst

Alex has been working in real estate investment and management for four years. Prior to joining Stablewood, Alex worked at Cadence Capital Partners where he assisted in sourcing debt and equity, underwriting, and market research. Before that he worked in property management at Hines helping oversee a large mixed-use property in Chicago. Alex holds a Bachelor of Arts from St. Edward's University.

Michael Godfrey

Acquisitions Manager

Michael has over seven years of commercial real estate experience including positions in investment sales and acquisitions. Prior to joining Stablewood, Michael was a broker within JLL’s Capital Markets division in Melbourne, Australia. Michael holds a master’s degree in real estate from Royal Melbourne Institute of Technology, and a Bachelor of Commerce in Finance and Management from the University of Melbourne.

Kaitlyn Nortz

Acquisitions Manager

Kaitlyn is a former professional volleyball player, space planner, and IT business development manager turned real estate acquisition professional. She began her real estate career investing in multifamily properties. Kaitlyn brings deep expertise in the sale and use of complex technology platforms. She holds Economics from the University of North Carolina at Greensboro.


Sven Varkel

Chief Engineer

Sven is a systems engineer with over 20 years of experience in developing business-critical software services. Before joining Stablewood, he founded several startups and worked for Ericsson, a Fortune 500 company, for almost a decade. His recent work has been focused on big data and geospatial analytics. He has extensive expertise in technology infrastructure, data engineering, and applications development. Sven holds a Bachelor of Arts and master’s degree in advertising and media from Tallinn University.


Chon Goode Pendleton

Administrative Manager

Chon is a seasoned management professional with over 20 years of experience working on strategic corporate initiatives with senior executives. Prior to joining Stablewood, she spent over 15 years at Lionstone Investments working with the founding partners and on various firm-wide initiatives. Chon spent the early part of her career working with the audit teams at Arthur Andersen and Ernst & Young.

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