Forest Development is a multi-faceted team of real estate development professionals with more than 30 years experience in the United States and Europe. A diversified investment strategy includes adding value through strategic partnerships and opportunities with apartments, condominiums, townhomes, professional office and shopping centers. The company is committed to providing outstanding service and quality for investors, residents and tenants.
MANAGING PARTNER
Peter Baytarian is the Founding and Managing Partner of Forest Development, an elaborate team of real estate development professionals with more than 30 years of experience in the United States and Europe. Additionally, Peter is the Founder and Managing Partner of two firms based in New York, NY focused on the renovation, ownership and management of high-end value-add properties including townhomes, condominiums, and commercial sites in Manhattan. Previously he was a developer and home builder in Cape Cod, MA completing more than 150 residences. Nautilus 220, a project currently underway by Forest Development at 220 Lake Shore Drive, will include 330 condominium residences in two towers, restaurants, retail, and offices adjacent to the Lake Park Harbor Marina. Peter was born in Beirut, Lebanon, attended high school at The American School in London and studied economics at Boston University. He resides with his wife and two daughters in South Florida. Peter serves as a member of the Executive Trustee Council for the Palm Beach North Chamber of Commerce
EXECUTIVE VICE PRESIDENT
Mark Anthony Mollica, Executive Vice President, has more than 25 years of experience in real estate sales with branded developments. Mr. Mollica has launched teams, implemented marketing strategies, and lead the sales efforts for high rise condominium tower and luxury residential products in Aspen, Hilton Head, Jupiter, and the Dominican Republic. He earned a BA in English from the College of William & Mary, and a JD from the Thomas Jefferson School of Law.
EXECUTIVE VICE PRESIDENT OF DEVELOPMENT & CONSTRUCTION
Shannon Lee, Executive Vice President of Development & Construction, has over 20 years of real estate investment and development experience for multiple development companies throughout Florida. Her responsibilities have included site selection and development of new construction, dir
EXECUTIVE VICE PRESIDENT OF DEVELOPMENT & CONSTRUCTION
Shannon Lee, Executive Vice President of Development & Construction, has over 20 years of real estate investment and development experience for multiple development companies throughout Florida. Her responsibilities have included site selection and development of new construction, direct oversight of ground up development for more than 10,000 garden and mid-rise residential units, and successful completion and operation of luxury as well as tax-credit multifamily communities. Shannon earned a Master's Certification in Sustainable Communities from Florida Atlantic University and is a graduate of Harvard’s Authentic Leader Development program.
VICE PRESIDENT OF FINANCE
Chester Rodeheaver, CFA serves as Vice President of Finance for Forest Development. Chester is an expert in real estate finance who has provided guidance and professional advice to investors and developers for 18 years. He began his career with Booz Allen Hamilton in Washington, DC before moving in Dubai, wher
VICE PRESIDENT OF FINANCE
Chester Rodeheaver, CFA serves as Vice President of Finance for Forest Development. Chester is an expert in real estate finance who has provided guidance and professional advice to investors and developers for 18 years. He began his career with Booz Allen Hamilton in Washington, DC before moving in Dubai, where he lived from 2003-2013, a period that coincided with Dubai’s real estate and construction boom and subsequent correction. Chester and his partners participated in many aspects of this transformation, including developing ground-up, mixed-use projects, acquiring a real estate brokerage, and advising on the purchase and development of hotels. During and after the financial crisis, they helped developers and real estate firms successfully restructure, stabilize, and prosper. His recent advisory work includes financial structuring and modeling for developers, home builders, and master developers. Chester has an MBA (with honors) from the University of Chicago Booth School of Business, an MPA from Harvard, and a BA in economics from the University of Virginia.
VICE PRESIDENT OF ACCOUNTING
Elizabeth Richardson, Vice President of Accounting, has more than 35 years of experience in Management and Accounting. She has worked with Forest Development Managing Partner, Peter Baytarian, on various real estate development projects in Florida and New York since 2013. Elizabeth earned a Bachelor of Scie
VICE PRESIDENT OF ACCOUNTING
Elizabeth Richardson, Vice President of Accounting, has more than 35 years of experience in Management and Accounting. She has worked with Forest Development Managing Partner, Peter Baytarian, on various real estate development projects in Florida and New York since 2013. Elizabeth earned a Bachelor of Science in General Management and Accounting from Purdue University.
DEVELOPMENT & OPERATIONS COORDINATOR
SALES TRANSACTION MANAGER
PROJECT COORDINATOR
GUEST RELATIONS COORDINATOR
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