Management & Directors

Andrew Arroyo | chairman & ceo

Andrew Michael Arroyo is our Chairman of the Board of Directors and Chief Executive Officer. He is personally licensed as a managing broker in 24 states and the District of Columbia and has been a part of more than a billion dollars in real estate transactions in his 23-year career in the real estate industry. As CEO, Mr. Arroyo is responsible for representing the best interests of the Company and its shareholders. He is responsible for creating and implementing strategies to grow the business and brand by developing business relationships and alliances, pursuing corporate opportunities, as well as assisting with oversight and management of the day-to-day operations.

NICK BONNER | Investment Director

Nick Bonner has worked in commercial real estate since 2004 operating in the roles of loan production, investor, asset manager, and broker, including 16 years at CBRE. In his brokerage career alone, he has completed over 1,000 lease and sale transactions of more than 4.5M square feet for a total consideration of nearly $900M. He has regularly advised sophisticated institutional owners, such as Equity Office Properties and Kilroy Realty, on complex transactions as well as overall asset strategy on properties valued in upwards of $250M. In his investment career, he has completed over three dozen deals in a broad range of areas with a focus in real estate. He is well known as a thought leader in faith driven real estate investing, has published white papers, and is regularly sought out as a speaker on the topic. Mr. Bonner is also a founding board member of the Pinetops Foundation where he has managed the investments for a sizable portfolio and deployed over 500 grants in the last 13 years. He has also volunteered on various nonprofit boards in the microfinance space as well as with his church elder board for 10 years. Nick founded Open Doors, a mission driven commercial real estate syndicate specifically designed to lower the real estate barriers for churches and he is delighted to employ his God-given knowledge, skill set, and extensive network for AARE in order to carry out the vision for the REIT. Above all, Nick is known for his integrity and dependability, and he is grateful to be able to leverage his diverse background for good.


Clark Anctil is a seasoned executive with a broad range of experience with positions in general management, operations and supply chain management, covering responsibilities of finance, product costing, material and resource planning, procurement and sourcing, HR training and development, information systems, twin plant operations, “Just in Time” manufacturing, “lean systems”, and facility design and engineering. During his career, he has mentored staff and trained teams in achieving results and effective management with a focus on knowledge acquisition, understanding and proactive execution in a lean environment. This approach led him to develop and deploy software to support business growth covering material, labor and resource planning, operational cost tracking, throughput management and production control. In addition to his corporate career, he has been a top producing REALTOR since 2010 and licensed loan originator since 2020, and currently holds a Broker’s license. He joined AARE as an agent in 2016 and has worked closely with the founder throughout the years. Clark has a heart to mentor and train other employees how to grow a business with the stakeholder’s interest in mind. His depth of experience and hands-on approach provide a unique skill set and make him a valuable member of the AARE Finance and Operations team.


Derek Barksdale, Naval Officer (Retired), is a prominent military and civilian motivational leader with a broad background in leadership and entrepreneurship, focused on the real estate and lending industry. He earned his B.S. in Workforce Education and Development at Southern Illinois University – Carbondale and embodies four decades of experience in facilitating the success of others while in the military as a naval officer, in civil service as a Director of Operations, and private sector as an entrepreneur and founder of Military Mutual®; a real estate brokerage focused on serving veterans and their families since 2011. Licensed as a real estate broker with his NMLS, Derek served as Managing Partner and Founder of Aligned Mortgage – California. He established the branch as Branch Manager, building the organization to over 70 staff and loan officers to ensure the success of over 1,800 homeowners and a $1 billion in volume in less than two years. Derek currently serves as President of the Veteran Association of Real Estate Professionals (VAREP) San Diego and is on the Board of Directors for the Navy League, San Diego. The passion he brings to any forum is evident in his strong desire to advance the personal and professional achievements of others.

Tiffany Mohler | Administration director

Tiffany Mohler is AARE’s designated broker in California and Director of Administration. Her duties include the direct oversight of the company compliance and risk management development.  She is also responsible for the management and training of all brokers and agents nationwide. Tiffany holds a degree in Business Administration from San Diego State University and is a third generation REALTOR. She began her real estate career in 2002 as part of a top producing real estate team, learning all aspects of the business. Her well-rounded education serves her well as she juggles a myriad of job responsibilities. Tiffany’s leadership, experience and calm demeanor are a tremendous asset to the AARE team.  Her “peacemaking” nature makes her a natural for dealing with diverse personalities and situations. Her strengths include teaching, training, and strengthening others.

JOHN WINDSCHEFFEL | communications director

John Windscheffel brings a wealth of experience and expertise to this position, having been the top salesperson at three different corporations since beginning his sales career in 1992. Over this time, he has created award-winning sales teams, done corporate sales training and recruiting, and been charged with overseeing multiple sales offices. He and two brothers-in-law founded Real Estate Village in late 1997. Theirs was one of the first online companies to develop websites for real estate professionals. Because of their success, Homes.com purchased the company in the spring of 2000. He stayed with Homes.com until 2003, when he moved on to another corporation. There he became an International Corporate Sales trainer and built the largest sales team in the company’s history. When AARE agents want guidance from an experienced trainer and communicator, they turn to John. John’s relationship with AARE founder Andrew Arroyo dates back to 1999 when Andrew sold him and his wife, Nancy, their first home in San Diego.

David Malme | humanitarian & growth director

David Malme is our Humanitarian & Growth Director overseeing our nationwide expansion. He was the CEO and owner of a publishing and distribution company for 18 years. His prior experience includes book publishing, direct mail marketing consulting, field and telephone sales management, sales and marketing management, purchasing/inventory management, distribution, and retail store management. He is an accomplished leader committed to teaching, mentoring and building highly effective teams and business relationships that deliver profitable growth. He has a proven track record of developing and growing brands through innovative product marketing and creative selling strategies that capture market share, acquire and grow customer relationships, and drive profits.


Michael brings over 16 years of experience marrying real estate strategy and innovation to create scalable solutions that provide invaluable insight to leadership teams and help steer real estate investment decisions. Michael has worked with Fortune-ranked leaders in the legal, defense, academic, non-profit, and healthcare industries. Michael is credited with closing large real estate deals in California while building strong working relationships with key decision makers in small businesses and Fortune-ranked companies. Michael leads a talented team of over 250 agents to peak performance, inspiring his team to break through their perceived limits and deliver impressive results. He has cultivated a workplace that attracts top-performing employees who feel valued, respected, and heard, building teams that value accountability and professional growth. Prior to this role, Michael served as Executive Vice President of Strategic Initiatives at Hi-Tech Honeycomb, where he was invited to serve on the Board of Directors and serves as a valued member to this day. During his tenure with Hi-Tech Honeycomb, Michael kickstarted operations and grew revenue from $18 million to an all-time high of $28 million after introducing lean manufacturing principles and spearheading a SWOT analysis for every department. Michael earned his Bachelor of Arts in Business Management and International Finance from Eckerd College. He went on to obtain his real estate license through the California Department of Real Estate.

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