ONE MAN, TWO HATS, AND THE PRIVATE EQUITY CHAIN BEHIND DOWNTOWN LAS VEGAS HOUSING

Jason LeDell is listed simultaneously as former managing partner of Cherry Development, which builds workforce housing in downtown Las Vegas, and as corporate broker and regional manager of RHOME, a property management company explicitly backed by Associa, the largest HOA management company in the United States. Associa received a minority private equity investment from Summit Partners in 2008 — an investment that has since ended through a management buyout.