James A. Stolpestad, Chairman & Principal
JStolpestad@ExeterMN.com / 651-294-2441
James A. Stolpestad is a Principal and Chairman of Exeter Group LLC and the founder of the Exeter real estate business in 1991. He currently focuses on the company’s strategic oversight, acquisition opportunities, investor relations, company marketing, and legal affairs. Jim previously was a commercial real estate attorney in private practice with a national law firm based in the Twin Cities, following positions with the Minnesota Attorney General and the U.S. Department of Housing & Urban Development. He has a JD degree from the University of Minnesota Law School and a BA degree in History from the University of Minnesota’s College of Liberal Arts. Jim has been active in civic and community organizations in the Twin Cities over the years, has been recognized by the University of Minnesota as an Alumni of Notable Distinction, and has received awards for his published work on real estate development.
Robert W. Stolpestad, Chief Financial Manager & Principal
RStolpestad@ExeterMN.com / 651-294-2443
Robert W. Stolpestad is a Principal and Chief Financial Manager of Exeter Group LLC. He joined the company in 1993 and has experience in all aspects of the commercial real estate business, including entitlements, finance, development, leasing, and sales. Rob currently has oversight for accounting, treasury, financial planning, and personnel for the company and supervises sourcing, closing, and managing project financing, including historic rehabilitation and new market tax credit programs. He has a MBA degree in Finance and International Business from the University of Minnesota’s Carlson School of Management, a Certificate of International Business from the Vienna (Austria) School of Economics, and a BA degree in History and Political Science from Northwestern University. Rob is a licensed Minnesota real estate broker, has been involved in community activities over the years, and is an occasional speaker at commercial real estate programs.
Thomas M. Nelson, Chief Investment Manager & Principal
TNelson@ExeterMN.com / 612-805-9369
Thomas M. Nelson is a Principal and Chief Investment Manager with Exeter Group LLC, having joined the company in 2009. He has extensive experience in project finance and management and is currently involved in investor relations, real estate entitlements, finance, and development. Tom oversees strategic planning, historic reviews and approvals, project design, and construction management. He began his commercial real estate career more than 25 years ago with the Eberhardt Company in Minneapolis, and continues to manage family multi-family properties. Tom has a BA degree from the University of Vermont, is involved in various community and civic activities, and is a licensed Minnesota real estate broker.
Herbert W. Tousley IV, Chief Development Manager & Principal
HTousley@ExeterMN.com / 651-294-2444
Herbert W. Tousley IV is a Principal and Chief Development Manager for Exeter Group LLC. He joined the company in 2003 as a financial analyst and since has assumed the responsibilities for many of the company’s real estate development activities, including entitlements, project design, and construction oversight. He also has a lead role in retail and office leasing and is part of the team providing real estate advisory services to third parties. Herb has an MBA degree in Finance from the University of Minnesota’s Carlson School of Management and a BA degree in Finance from the University of St. Thomas. He is a licensed real estate agent with the State of Minnesota.