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Thomas P. Farnoly, Jr is a Principal at Springer Capital, LLC and has over 18 years of experience in real estate and financial services. Since co-founding Springer Capital in 2014, Mr. Farnoly has overseen the acquisition and management of over 8,500 units with an approximate value of $1 billion, primarily in the Southeast part of the US. Prior to the formation of Springer, Mr. Farnoly was with Merion Realty Partners (f/k/a as CMS Companies) where he was involved in the investment and management of over $150 million of high net worth and family office equity in a series of private equity real estate funds. During his career, Mr. Farnoly has worked at Philadelphia Private Capital (PPC), Blackrock and The Vanguard Group where he served in a variety of roles in finance and investment management.  He is a member of the Urban Land Institute and has a Pennsylvania real estate license.  Mr. Farnoly earned a Bachelor of Science degree in Business Administration from Georgetown University where he was also a member of the varsity heavyweight crew team. He currently resides in the Chestnut Hill section of Philadelphia with his wife, Meg, and three children.


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Thomas S. Greenwood III is a Principal at Springer Capital, LLC and has over 18 years of experience in commercial real estate. Since co-founding Springer in 2014, Mr. Greenwood has led the investment of over $300 million of equity, acquiring and renovating over 8,500 apartment units throughout the Southeast. Prior to founding Springer, he was a Director at Philadelphia Private Capital/US Realty Capital, a commercial merchant banking and private equity firm, where he was responsible for new business development and structuring deals across the entire capital stack including permanent, construction, mezzanine, bridge, and joint venture equity funding. In addition, he is a lifetime member of the Wyndmoor Hose Company, where he volunteered as a firefighter and is also a trustee at Springside Chestnut Hill Academy, where he serves on the Buildings and Grounds and Assets committees.  He is a member of the Urban Land Institute and has a Pennsylvania real estate license.  Mr. Greenwood holds a Bachelor of Arts in Political Science from Roanoke College. He currently resides in the Chestnut Hill section of Philadelphia with his wife Emery, three children and Rhodesian Ridgeback.


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Russell D. Rhoads II is Vice President of Investments at Springer Capital, LLC and is responsible for the sourcing / underwriting of new investment opportunities, executing capital events, overseeing the asset management of existing investments, and preparation of investor reporting. Since joining Springer in 2018, Mr. Rhoads has helped facilitate the acquisition / disposition of over 5,500 units valued at more than $750 million. Prior to Springer Capital, he held an internship position at Federal Realty Investment Trust in Rockville, MD. He is a graduate from the Wharton School of Business at the University of Pennsylvania with a Bachelor of Science in Economics (concentrations in Finance and Real Estate). While at Penn, he played varsity baseball and was involved with the Wharton Undergraduate Real Estate and Finance clubs. Mr. Rhoads is also a member of the Urban Land Institute in Philadelphia, PA. He currently resides in Center City Philadelphia.


Drew Heape is Director of Construction at Springer Capital, LLC.  He is responsible for overseeing all capital management projects, budgets, contract negotiations and onsite construction execution for Springer Capital’s portfolio.  Prior to joining the firm, he was an Account Manager for Katerra Construction, a large multifamily renovation firm.  At Katerra, he was responsible for developing strategic accounts and growing new and existing clients leading to successful long-term relationships through effective client management.  He also established a preferred contractor and consulting partnership to help assist in managing insurance losses. Prior to joining Katerra Construction, Mr. Heape was a General Contractor who specialized in residential and commercial construction.  He has over 17 years of construction experience and has successfully completed construction projects and renovations in over 35 markets throughout the country.  Mr. Heape holds a Bachelor of Science degree in Finance from University of North Texas.


Hunter D. Dorris is the Controller at Springer Capital, LLC. He is responsible for oversight of all accounting, finance, and reporting activities. Prior to joining the firm, Mr. Dorris was the Assistant Controller for Independence Realty Trust, a publicly traded REIT that owns and manages a large portfolio of multifamily apartment communities across the country. Previously, he was an accounting manager for RAIT Financial Trust, another publicly traded REIT and Independence Realty Trust’s former advisor. In total, he has over 10 years of commercial real estate experience. Mr. Dorris is a Certified Public Accountant and holds a Bachelor of Science degree in Accounting from Pennsylvania State University.