Meet The Team

Garry Spanner, the visionary leader behind TDA Investment Group, has an unwavering dedication to making smart, impactful investments in institutional real estate. With over 30 years of experience in the industry, Garry has cemented himself as an expert in navigating the complexities of pension funds, originating strategic loans, and managing properties to maximize returns.

At the helm of TDA Investment Group, a premier California-based real estate investment management firm, Garry has built a team of innovative professionals dedicated to forging meaningful and sustainable relationships with clients. Guided by astute foresight and unparalleled expertise, Garry has steered the company towards generating value at every step of the investment process.

Driven by a passion for real estate, Garry has continually challenged himself and his team, adopting bold strategies and exploring novel avenues to stay at the forefront of the ever-evolving industry. Over the years, he has forged strong connections within the institutional real estate investment sector, making a difference in the lives of thousands of stakeholders.

Garry’s unwavering commitment to excellence and client satisfaction has earned him a reputation for delivering optimal performance and fostering enduring partnerships. With an ever-growing and impressive portfolio under his purview, Garry now focuses his efforts on expanding TDA Investment Group’s reach, all while maintaining the highest standards of quality and professionalism.

Under Garry’s astute guidance, TDA Investment Group continues its successful trajectory in the world of institutional real estate investments, empowering clients with well-informed decisions and the confidence to build their investments in a future of growth, security, and financial stability.

Rob leads TDA’s new investment activities, as well as being involved with TDA corporate and client activities. He has over 25 years of experience executing commercial, industrial, and residential real estate and corporate transactions, including origination, due diligence, structuring and execution of investment transactions across varied asset classes. Rob has worked for the largest privately held company in the U.S. (Koch Industries), executing real estate and corporate M&A investments, as well as smaller investment and private equity firms. He holds a Bachelor of Science from Pennsylvania State University and an M.B.A. from Texas A&M University.

Bob has more than 27 years of progressive financial management experience in the financial, retail, and real estate industries. He was Vice President of Development for W.L. Butler Investment Corporation in Redwood City, where he was responsible for the financial and project management of residential projects and commercial property developments. Bob holds a Bachelor of Science in Commerce with emphasis in Finance from Santa Clara University.

Matt joins TDA with over 35 years of hands-on expertise and leadership in the real estate development and construction industry. A native Midwesterner, Matt came to California in the early 2000’s as the Executive Vice President for Ryan Companies US, Inc., establishing and leading the first office for Ryan on the West Coast, and achieving NAIOP’s Developer of the Year. Matt’s continued love and desire of real estate and development opportunities led to him starting his own firm developing hundreds of residential units and hospitality product. Immediately prior to TDA, Matt led the West for Cumming Management Group in Los Angeles, CA.

Matt holds a CA General Contractors License and Bachelor of Science in Construction, with an emphasis in Finance, from Bradley University.

Nanci Vega is a seasoned real estate executive with over twenty-five years of experience managing institutional real estate and lending assets across commercial office, retail, industrial, and multifamily sectors.

As Senior Vice President of Asset Management, Nanci leads the asset management team in its overall financial performance, execution, leasing, construction, and risk management across a diverse portfolio. Nanci has held senior roles at Gemini Rosemont and Kidder Mathews, where she launched and scaled regional platforms, managed portfolios exceeding $800 million, and delivered measurable savings and revenue growth. Her expertise spans acquisitions, capital project oversight, stakeholder engagement, and financial planning, supported by a hands-on leadership style and a strong record of execution. Nanci brings a balanced approach to her work—valuing collaboration, mentoring, and continuous professional and personal growth.

Pamela Chaloult is an accomplished executive and culture strategist dedicated to empowering values-driven leaders and organizations to reach their highest potential. As Chief of Culture and Strategic Alignment, she leads the company’s cultural evolution—fostering trust, accountability, and alignment across its leadership and teams while ensuring that mission, strategy, and impact are fully integrated throughout the organization.

Pamela’s career spans more than two decades at the intersection of social entrepreneurship, integrated capital, and conscious leadership. She has served in senior executive roles including COO for Common Future and Co-Executive Director of Social Venture Network, advancing a more just and sustainable economy through business. She also played a pivotal role in the growth of the Integrated Capital field as Managing Director for Renewal Funds and later as a contributing member to the launch and Vice President of Renewal2 Investment Fund, Canada’s largest social venture investment fund.

A seasoned convener and advisor, Pamela has served for over twenty years as Executive Producer of the Social Venture Institute (SVI) at Hollyhock and as Co-Founder and Advisor to SVI Women. She is the former Board Chair of the TahDah Foundation and is currently an advisor to the Just Economy Institute and the ICA Fund.

Pamela is a graduate of Emerson College in Boston, Massachusetts, and is widely recognized for her ability to bridge strategy, spirit, and culture to help leaders and organizations thrive with purpose and integrity.

Alan joined TDA’s accounting group in March 2014. He works primarily on internal and external reporting, analyses on real estate debt and equity investments, time-weighted returns and IRR calculations, and oversees day-to-day accounting operations. He has 13 years of real estate accounting and financial reporting experience in commercial, hotel, and mixed-use development projects, including 7 years at Stockbridge Capital Group performing Fund Accounting for two opportunistic funds totaled $1.5 billion. Alan holds a Bachelor of Arts in Economics from University of California, Los Angeles.

Byron has 45 years of experience with real estate acquisition and development. Prior to joining TDA in 1999, he served as Executive Vice President for Acquisitions for BRE Properties, one of the largest multi-family REITs in the United States. During his tenure, he was responsible for the acquisition of over $800mm of new assets. Before moving to BRE in 1989, he was Vice President and General Manager for two Hawaii-based land holding and development companies, Dillingham Investment Corporation and The Magoon Estate Limited. Byron is a graduate of Colgate University and the Harvard Business School. Byron has served as a TDA Investment Committee member for 15 years.

Jane has 33 years of experience with multifamily real estate, having purchased over 15,000 apartment units totaling approximately $2bn. Most recently as a Director at Wood Partners, a national apartment investor and developer, she was the partner in charge of all western US apartment acquisitions. For almost 10 years prior to joining Wood, she was a Director with RREEF specializing in multifamily. Ms. Maushardt also held the positions of Senior Multifamily Acquisitions Manager for the Western United States for the Archon Group, a subsidiary of Goldman Sachs, Acquisitions Director for SSR Realty Advisors, and Vice President of Acquisitions for BRE Properties, Inc. Ms. Maushardt has been a licensed broker in California since 1987. She received a Bachelor of Science with Honors in Economics and an M.B.A. from the University of California, Berkeley. Jane has served as a TDA Investment Committee member for over ten years.

Amy is responsible for the management of several of TDA’s assets including industrial, office and retail properties. With nearly 22 years in commercial real estate, Amy brings a broad range of experience in valuation, acquisitions, dispositions and asset management. Prior to joining TDA in 2013, Amy held positions with Sares Regis Group of Northern California, Bristol Group in San Francisco and Lend Lease (formally Boston Financial Group). Amy currently serves on the Planning Commission for the City of Belmont and holds a California real estate license. She earned a Bachelor of Science in Political Science from the University of Vermont.

Lalaine Mackey is an accomplished Asset Manager with decades of experience leading real estate portfolio strategy, lease negotiations, and project execution in complex, highly-regulated environments. She brings a strong track record of delivering high-impact government real estate initiatives—on time and within budget—through thoughtful planning, data-driven decision-making, and collaborative stakeholder engagement.

Prior to joining TDA, Lalaine worked for the U.S. General Services Administration (GSA) where she led major real estate initiatives across the San Francisco and Los Angeles markets. Her expertise spans end-to-end lease management, portfolio optimization, financial modeling, real estate finance, and navigating regulatory constraints. She is especially experienced with tenant-occupied and infrastructure-intensive properties.

Lalaine holds a Master’s degree in Project Management from the University of Southern California, a Bachelor’s degree in Business Management from San Francisco State University, is Project Management Professional (PMP) certified, and is a licensed California Real Estate Salesperson.

Matt joined TDA in September 2024 and brings six years of experience in commercial real estate, including property management, asset management and real estate development with an emphasis on financial analysis. Prior to joining TDA, Matt worked as a consultant to assist real estate developers and portfolio owners in underwriting potential investments and evaluating the performance of existing holdings. In addition, he managed all of the underwriting and strategic fund analysis for a private equity real estate developer in the Bay Area with over $1B in pending projects. Matt graduated from Cal Poly San Luis Obispo with a Bachelor of Science in Business Administration, with a concentration in Financial Management.

Robert joined TDA in October 2024. Prior to joining TDA, Robert worked in the Portfolio Management Group at Hall Capital Partners, a registered investment advisory firm based in San Francisco. He was tasked with managing investment portfolios of ultra-high-net-worth individuals, families, and institutions, representing $3B of AUM. With a desire to focus more specifically on real estate as an asset class, Robert brings years of portfolio management, strategy, and operational acumen to TDA’s asset management team. Robert holds a Bachelor of Business Administration in Banking & Finance from the University of Georgia.

Alex believes that technology plays an increasingly important role in the development and success of modern businesses. With over 10 years of IT experience in the real estate industry, he provides expert insight to ensure that TDA’s business and technology strategies are in sync. Alex views his colleagues as his customers, and he supports them with a wide range of services from one-on-one training to bespoke software solutions. His responsibilities also include ensuring compliance with real estate industry regulations.

Jay joined TDA in August 2019. He has over 20 years of progressive accounting experience with private equity funds including REIT, LLCs and limited partnerships dealing with multi-family, commercial and mixed-use real estate. Jay brings a broad range of experience in fund accounting, property acquisition, development, operations and dispositions. Prior to joining TDA, Jay held positions with Carmel Partners Inc., Stockbridge and Citi Private Equity Services (now SS&C). He graduated with a Bachelor of Science in Accounting from San Francisco State University and earned an MBA with concentration in Accounting from Golden Gate University.

Michael joined TDA’s accounting group as a Senior Accountant/Analyst in May 2024 and brings over eight years of progressive accounting and financial reporting experience in both public and private industry. Prior to joining TDA, Michael worked at Novogradac & Company LLP as a Senior Accountant and at Aircraft Technical Publishers as an Accounting Manager. He graduated with a Bachelor of Science in Economics, with an emphasis in Accounting, from University of California Santa Cruz and earned his Certified Public Accountant certification soon thereafter.

Meg joined TDA in 2021. Prior to joining TDA, Meg worked at MidPen Housing Corporation for 12 years as an Accounts Payable Specialist and then Associate Corporate Accountant. Early on in her career, she was a Guidance Counselor, Executive Assistant to the VP of Treasurer, and a Recruitment Coordinator. Meg has a Bachelor of Science in Psychology and an MBA, graduating Cum Laude in both degrees from the University of Santo Tomas, Manila, Philippines.

Al has represented TDA as a client liaison for over 10 years. Prior to joining TDA, Al worked with the Bank of Hawaii in their residential and commercial lending division until his retirement in 2005. He attended San Jose State University in the San Francisco Bay Area, and was a card carrying Carpenters Union member in Northern California.

Aggie is the Executive Assistant supporting the President and CEO at TDA in a broad range of executive administrative duties, and additionally, is the Office Manager.  She manages the internal procedures and building operations to ensure the office runs smoothly, coordinates TDA’s participation in clients’ annual fundraising and scholarship program events and is company ambassador to promote staff well-being.  Prior to joining TDA in 2018, Aggie held EA/OM positions for over 15 years supporting CEOs and Board of Directors in the life science industry, at Silicon Valley biotech companies Maxygen, Codexis, Calysta and Neuraltus Pharmaceuticals.   She has a background in corporate event planning, project management and customer service, managing worldwide training and education at Harris and Oracle.   Aggie is a member of the IAAP, International Association of Administrative Professionals and AEAP, Association of Executive and Administrative Professionals.   She attended College of San Mateo, majoring in Business Administration.