Vaios Theodorakos, Founder & Chief Executive Officer

Known industry wide as the “Turn-around Czar”, Vaios learned the value of hard work, financial planning and time management at an early age. As a high school student, he juggled four part-time jobs. At age eighteen with almost thirty thousand dollars in his bank account, Vaios made a life-changing decision to purchase a distressed two-family property instead of a new car.

He quickly saw the potential in transforming undervalued, distressed real estate into quality homes that are a positive part of the local community. And by making client satisfaction a top priority, he also learned the value of resident retention and long-term relationships.

Vaios has since bought and sold hundreds of properties throughout the United States. Using his abilities to recognize potential opportunities and collaborate with financial institutions, he has successfully led VTT Management to become one of the nation’s leading property management companies.

Corporate Team

Michael Reed, COO – Corporate Office

Michael joined VTT in January 2009 as Chief Operating Officer and worked with Vaios to grow VTT from 1,500 units to now 10,000 plus units in 6 states. Michael worked closely with Vaios on formulating a vision of investing primarily in under-valued assets in North Carolina and South Carolina — and building a strong team and infrastructure to accommodate growth. VTT owns and manages 100% of its 10,000 plus units with approximately 200 employees. Michael directly oversees 7 VTT departments: Acquisitions, Asset Management, Property Management, Human Resources, Accounting, Compliance, and Information Technology.

Michael came to VTT after 6 years in Miami and Boston at LNR Property Corporation, a multi-billion dollar commercial real estate investment, development, and management company. Prior to LNR, Michael was an investment banker at Salomon Smith Barney (Citigroup) in New York City. Prior to that, Michael served his country as an AmeriCorps Volunteer Legal Advocate for low-income citizens in Honolulu, Hawaii.

Michael is a cum laude graduate of Duke University in Durham, NC. Michael also graduated as a Classical Scholar from Phillips Exeter Academy in Exeter, NH.

In his spare time, Michael enjoys travel, golf, basketball, American history books, cheering for his beloved Boston Celtics, and spending quality time with family and friends.

 

Lauren Hill, Project Director

Lauren Hill plays an essential part in VTT’s successful multi-million dollar turn-around ventures. She has completed developments in Florida, Indiana, Ohio, New Hampshire, North Carolina, South Carolina, Oklahoma and Massachusetts.

Lauren designs the complete remodel of our buildings and manages all construction to insure deadlines and budgets are met. She has a remarkable ability to revitalize sites to their original luster, while seamlessly integrating cutting-edge 21st Century design with the region’s unique style.

Lauren also co-chairs the Acquisitions and Charities Board. She has Real Estate licenses in three states and has earned a Certified Property Manager (CPM) from the Institute of Real Estate Management in Chicago. Lauren was educated in Architecture in Miami and graduated with Interior Design at the Art Institute of Ft. Lauderdale. She also has a degree in Cerified Property Management from IREM in Chicago.

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