our team
The industry relationships forged by our principals provide a full spectrum of opportunities throughout the public and private markets with developers, principals, mortgage originators, capital sources and brokers. From acquisition and disposition to operations and management, ILAN Holdings’ executive team operates as one unit to maximize investor capital.
Chowdary Yalamanchili
President & CEO
40 years with Ilan, 45 years in the industry
Mr. Yalamanchili maintains overall responsibility for the development of corporate strategy while providing day to day leadership and oversight to the entire executive team at Ilan Investments. Mr. Yalamanchili founded CNC Investments, Ltd. LLP in 1982 and incorporated the company in 1992. By 2006, CNC had become one of the ten largest privately held multifamily operators in the United States with a portfolio that consisted of more than 44,000 units, spread across nine states. In 2011, Ilan Investments was created to serve as the asset manager of the legacy CNC multifamily portfolio and other assets. Coinciding with the creation of Ilan, Adara Communities was launched to engage in the day to day property management of the portfolio. These actions kept all aspects of investment management in house but created a separation of duties.
Mr. Yalamanchili is closely involved in all aspects of the business including equity raise, acquisitions, operations, and divestiture. Throughout his tenure he has proven himself to be particularly gifted at identifying and developing highly skilled property and portfolio level managers.
Today, Ilan Investments real estate investment portfolio is spread across five states and includes more than 65 apartment complexes with more than 18,000 individual units, along with 600,000 square feet of various office, retail, and land holdings.
Bill Stallings
Director of Acquisitions and Dispositions
25 years with Ilan, 46 years in the industry
Mr. Stallings met Mr. Yalamanchili in 1982 and became a dedicated adviser in 1991. Mr. Stallings has joint responsibility for the company’s acquisition and disposition activities in the United States. Through market study and financial analysis, he identifies and evaluates investment opportunities that meet Ilan’s acquisition criteria. He actively assists in financial negotiations and the coordination of debt and equity relationships. Mr. Stallings is a graduate of the University of Texas at Austin with a BBA in Finance.
Brent Bunger
Executive Vice President
15 years with Ilan, 18 years in the industry
Brent Bunger has served as Executive Vice President since 2009 and has been significantly involved in leading the strategic direction of property and asset management including, policy, initiatives, technology, financing, acquisitions and dispositions. He is actively engaged in the company’s operations, procurement and renovations. Brent was instrumental in the launch of Adara Communities and its vision to become the leader in the multi-family industry. He is committed to improving technology in order to advance operational efficiency and better adhere to best practices and industry standards. Brent previously served as the Vice President of Business Development with Adara Communities among various other roles with its predecessor. Prior to joining Adara Communities, Mr. Bunger worked for CharterMac Mortgage Capital (Hunt Mortgage Group) in their CMBS and Agency multi-family loan underwriting division. Other previous employment positions focused on operations analysis and acquisition underwriting. Brent graduated with honors from Texas A&M University CC with a BBA in Finance with a minor in Real Estate. He has held a real estate brokerage license in the State of Texas and has been an active Certified Commercial Investment Member (CCIM) since 2007.
Olga Omandam
Chief Financial Officer
23 years with Ilan, 34 years in the industry
Ms. Omandam is a Phil. Certified Public Accountant with thirty four years of accounting experience, eighteen of which have been in the Real Estate Industry providing Controller and CFO services. A total of thirteen of those years have been in service to Charlie Yalamanchili companies. Within the real estate universe, Ms. Omandam’s experience includes multifamily and commercial property management, finance, construction, investment and asset management. Ms. Omandam places a great deal of pride and emphasis on always expressing the highest moral standards and has won numerous accolades for carrying herself and the company balance sheet to those lofty standards. Additionally in her previous roles she has provided finance, accounting and organizational development support. During the initial build-up of CNC Investments, which saw the company grow from under 10,000 units to over 44,000, Ms. Omandam played a vital role in the growth of the company from a support and oversight stand point. She also assisted a start-up multifamily management company mature from a 3,500 unit regional player to a fully articulated national presence. Ms. Omandam is a graduate of Xavier University with a Bachelor of Business Administration in Accounting.