Sam Hales, CEO
Private Equity Real Estate fund manager with $65M+ AUM and Founder of the Saratoga Group. Sam has 15 years of Real Estate and Management experience in distressed asset workouts, land development, redevelopment and lease options. Aside from being the lead investor/developer in the entitlement and development of large tracts of land, since 2009, he has been actively purchasing single-family properties in the Sacramento and Bay Area markets. He has developed/purchased office buildings, industrial buildings, multi-family buildings and is developing a boutique hotel. Since 2017, the focus at Saratoga Group has been the purchase, revitalization and operation of Mobile Home Parks.
Sam is passionate about helping local communities. He is an active member of the Auburn Economic Development Council. Sam currently sits on the board for Auburn Sutter Faith Hospital, and volunteers with local Boy Scout and Church youth groups.
Sam received his MBA from The Wharton School of Business with an emphasis in Finance and a BS from BYU in Chemical Engineering.
Becky Smallwood, CFO
Becky has over 35 years of Real Estate financial oversight and accounting experience in development, construction, and property management for commercial, multi-family, single family and mobile home communities. During this time she has been responsible for over $1.5B in investments. She has managed the accounting, reporting and capital stack for both institutional and privately held assets, most recently with MacFarlane Partners in San Francisco and Follettusa, Inc in Sacramento.
When not at work, Becky enjoys spending time in the mountains and schooling her horse, Dean, in the discipline of Dressage.
Luke Hales, CTO
Luke received his Bachelors and Masters in Civil Engineering from BYU with high honors. He went on to work for ExxonMobil for over a decade, working on multibillion dollar oil/gas developments in places like PNG, Qatar, India and Indonesia. Luke left the oil industry in 2013, purchased a small organic farm and began flipping properties in middle TN and Kentucky. Luke was an investor in Saratoga Group since its inception and then joined the company in March 2018. As the CTO he oversees all the capital projects for improving and expanding our communities. Luke's passion is finding distressed trailer parks and turning them into stable, safe and inviting communities for families and children. If you ask him how he likes the mobile home space he is quick to reply, "Never a boring day!"
Luke is fluent in Spanish and very involved in his church congregation and serving the youth and Spanish-speaking members. He enjoys playing ultimate frisbee, basketball and pickleball and loves studying American history.
Steve Sacher, COO
Steve received his Masters in Executive Leadership and Management and is passionate about developing a strong company culture leading to increased engagement and performance. There is nothing that excites Steve more than developing emerging leaders and improving operational efficiencies. Since 2017, Steve has had significant success in transforming distressed mobile home parks into thriving communities. This rewarding work benefits the staff, residents and investors.
Steve is an active member of his church and sits on the board for Health Education Africa Resource Team where he has completed 10 trips to Kenya focusing on community driven development. In his free time, Steve loves to spend time outdoors with his wife and two boys.
Joe McAdams, Board Advisor
Joe is an icon in the MH and RV industries. Beginning in 1991, Joe was CEO of the Affinity Group. Affinity had 2 million members in their clubs that offered ancillary products and services to the RV industry. Affinity had annual revenue of about $450 million. Joe purchased Thousand Trails, the largest private membership camping organization in the United States, in 2006. Thousand Trails had 82 RV resorts and 135,000 member families when it was purchased by ELS. Joe then became the President of Equity Lifestyle Properties (ELS) with a market capitalization at that time of $3 billion. They had over 5100 employees and annual revenues in excess of $500 million.
Joe continues to consult to the MH/RV industry. His current clients include ELS, Brown and Brown, Campers Inn and Costco Auto Buying Services. He now lives in Hot Springs, Arkansas and enjoys life on the lake.