Directors & Management

Board of Directors

William C. Owens
Chairman Emeritus
Mr. Owens has served as Chairman of Owens Realty Mortgage, Inc. since its inception in 2012. From August 2012 through December 2015, he also served as the President and Chief Executive Officer. He has also been the Chairman, President and Chief Executive Officer of Owens Financial Group, Inc., the external manager of Owens Realty Mortgage, Inc., since 1996. From 1979 until his promotion to CEO, Mr. Owens served as a Senior Vice President with company responsible for loan origination and management. With over 40 years of experience in the real estate industry, he has a wide range of both operational and financial management experience.
Dennis George Schmal
Chairman
Mr. Schmal has been a member of our Board since the consummation of the Merger on May 20, 2013. In May of 2015, Mr. Schmal began service as a director and as chair of the audit committee of a public technology company, Blue Calypso Inc. Mr. Schmal has also served as a director, and is the chairman of the audit committees, of the public investment funds overseen by three asset management complexes, AssetMark GuideMark/GuidePath Funds (since 2006), the Wells Fargo GAI Hedge Funds (since 2008), and the Cambria ETF Series (since 2013). Mr. Schmal served as a director and a member of the audit (chairman), nominating, and compensation committees of Merriman Holdings, Inc., a securities and investment banking firm from August 2003 until July 2016. From 2005 until July of 2014, Mr. Schmal served as chairman of the board of directors of Pacific Metrics Corporation, a private company in the educational assessment/software field. Mr. Schmal served as chairman of the board of directors of a technology industry startup, Sitoa Global Inc., from January 2012 until April 2013. From August 2004 to November 2011, he served as a member of the board of directors, audit committee (chairman) and compensation committee of Varian Semiconductor, a semiconductor equipment manufacturer. From October 2008 to May 2011, he served as a director and chairman of the audit committee of Grail Advisors EFT Trust, an exchange traded fund complex. From September 2006 to May 2008, Mr. Schmal served as a director and chairman of the audit committee of North Bay Bancorp, a bank holding company. From February 1972 to April 1999, Mr. Schmal was employed by Arthur Andersen LLP, primarily as a partner overseeing the delivery of accounting and audit services. During his career with Arthur Andersen LLP, Mr. Schmal specialized in working with companies in the financial services sector, including the commercial banking, securities/investment banking and asset management industries. Mr. Schmal received a Bachelor of Science in Business Administration – Finance and Accounting Option from California State University, Fresno in 1972 and holds a CPA certificate (retired).
Bryan H. Draper
Mr. Draper has served as the President and Chief Executive Officer of Owens Realty Mortgage, Inc. since January 2016 and is responsible for the overall activities and operations of the Company, including loan investments, operating policy and planning. In addition, Mr. Draper has served as a director of Owens Realty Mortgage, Inc. since its inception in 2012. From August 2012 through December 2015, Mr. Draper served as Chief Financial Officer and Secretary. He has also been the Chief Financial Officer and Corporate Secretary of Owens Financial Group, Inc. since December 1987 and a member of the Board of Directors of Owens Financial Group, Inc. since January 1997. Mr. Draper received a Master’s degree in business administration from the University of Southern California in 1981 and is a certified public accountant.
Steven Donald Hovde
Mr. Hovde has been a member of the board of directors of Owens Realty Mortgage, Inc. since July 2018. As Chairman and CEO of Hovde Group, Mr. Hovde is responsible for overseeing the firm’s strategic growth initiatives, as well as playing a very active role in many of the firm’s key client relationships. In addition, Mr. Hovde plays an integral role in assisting the firm’s clients with their most important business transactions, be it issuing capital or pursuing M&A. In addition to being an investment banker, Mr. Hovde with his brother Eric, own a controlling interest Sunwest Bank, headquartered in Irvine, CA, which has approximately $1.1 billion in assets and $135 million in equity. As bankers, they see all the issues that management and board members of banks wrestle with daily. Mr. Hovde is also on the board of directors of a $1.9 billion asset community bank in the Chicago area and a $830 million asset bank in the Seattle area. He also serves as a trustee of several charitable foundations. Before co-founding Hovde in 1987, Mr. Hovde was Regional General Counsel and Vice President of a national commercial real estate development firm, Vantage Companies. Previous to that, Mr. Hovde served as an attorney with a 200-member law firm based in Chicago, Rudnick & Wolfe, which is today DLA Piper, specializing in real estate law. Prior to that, Mr. Hovde practiced accounting in Chicago as a Certified Public Accountant with one of the former “Big Eight” public accounting firms, Touche Ross LLP, which is now Deloitte & Touche LLP. Mr. Hovde graduated with distinction with a Bachelor of Business Administration, majoring in Accounting, from the School of Business at the University of Wisconsin, Madison. He also earned his law degree, cum laude, at Northwestern University in Chicago, Illinois.
Ann Marie Mehlum
Ms. Mehlum has been a member of the board of directors of Owens Realty Mortgage, Inc. since June 2018. Ms. Mehlum currently serves as a director of Summit Bank, an independent community bank of which she served as the CEO from its inception in 2003 until 2013. She also serves as a director of SmartBiz Loans, a bank enabling online loan and technology platform and of Beau Delicious International, LLC, a franchisor for Café Yumm fast casual restaurants since 2017. Ms. Mehlum served as Associate Administrator for Capital Access in the U.S. Small Business Administration, from 2013 to 2016. From 1984 to 2003, Ms. Mehlum served as a Senior Vice President and Chief Credit Administrator of Siuslaw Bank, a charted community bank that has since been acquired by Banner Bank. In addition to her corporate experience, Ms. Mehlum has served on federal and state advisory boards, including as a Federal Representative Advisory Board Member of the US Department of Treasury’s Community Development Financial Institutions Fund, Member of the FDIC Community Bank Council and Board Member of the Oregon Growth Fund. Ms. Mehlum earned an M.B.A. from the University of California, Berkeley in 1981 and a bachelor’s degree in economics and Norwegian from Pacific Lutheran University in 1975 and held a Series 7 FINRA General Securities License.
Gilbert E. Nathan
Mr. Nathan has been a member of the board of directors of Owens Realty Mortgage, Inc. since August 2018. Mr. Nathan has served as the managing member and a director of Jackson Square Advisors LLC, a financial advisory and services firm since September 2015. He has also served as the liquidating trustee of BPZ Liquidating Trust for BPZ Resources, Inc. since November 2015. Since June 2018, Mr. Nathan has served as a board member of Hercules Offshore Liquidating Trust for Hercules Offshore, Inc. From November 2015 to July 2017, he served as a director of Emergent Capital, Inc. (NYSE: EMG), a specialty finance company. From July 2013 to August 2015, Mr. Nathan was a senior analyst with Candlewood Investment Group, an investment firm, and prior to that, he was a principal with Restoration Capital Management from 2002 to 2012. Mr. Nathan earned a bachelor’s degree in management from Tulane University in 2001.
Benjamin C. Smeal
Mr. Smeal has been a member of the board of directors of Owens Realty Mortgage, Inc. since August 2018. Mr. Smeal is a private investor. He served as Associate Director of Public Equities at Willett Advisors LLC, which manages the philanthropic assets of Michael R. Bloomberg and Bloomberg Philanthropies, from April 2017 to April 2018. Mr. Smeal served as Senior Analyst at Kenmare Management, an investment firm, from November 2007 to April 2017. Prior to that, Mr. Smeal served as a Marketing Director at Overstock.com (NASDAQ: OSTK), an online retailer of general merchandise, from 2004 to 2005. He also serves on the board of directors of North Carolina Outward Bound School. Mr. Smeal graduated with a B.A. in Political Economy from Williams College and an M.B.A. from Columbia University.
Gary C. Wallace
Mr. Wallace has been a member of the board of directors of Owens Realty Mortgage, Inc. since July 2016. He has provided consulting services to various banks, private equity firms, venture capital firms and the Public Company Accounting Oversight Board (PCAOB) since his retirement from KPMG in 2005. He has also served as a member of the Board and Chairman of the Audit Committee of Plaza Bancorp and Plaza Bank since June 26, 2015. From February 2014 until February 2017, Mr. Wallace served as a member of the Board and Chairman of the Audit Committee of Orient Bancorp and Bank of the Orient. From 2012 until June 26, 2015, Mr. Wallace served as a Director of Manhattan Bancorp and Bank of Manhattan, N.A. Mr. Wallace joined KPMG in 1975 and retired as a KPMG Audit Partner Specialist in Banking and Investment Services in 2005, having served as head of the Northern California Financial Institutions Practice. As a KPMG Audit Partner, Mr. Wallace served as engagement partner and associate SEC reviewing partner for banks, real estate, venture capital, private equity, hedge fund and investment companies ranging in size from startups to entities with over fifty billion dollars in assets. Mr. Wallace received a Bachelor of Science degree in Business Administration, Summa Cum Laude, from California State University – East Bay in 1975.

Senior Management

William C. Owens
Chairman Emeritus
Mr. Owens has served as Chairman of Owens Realty Mortgage, Inc. since its inception in 2012. From August 2012 through December 2015, he also served as the President and Chief Executive Officer. He has also been the Chairman, President and Chief Executive Officer of Owens Financial Group, Inc., the external manager of Owens Realty Mortgage, Inc., since 1996. From 1979 until his promotion to CEO, Mr. Owens served as a Senior Vice President with company responsible for loan origination and management. With over 40 years of experience in the real estate industry, he has a wide range of both operational and financial management experience.
Bryan H. Draper
Director, President and Chief Executive Officer
Mr. Draper has served as the President and Chief Executive Officer of Owens Realty Mortgage, Inc. since January 2016 and is responsible for the overall activities and operations of the Company, including loan investments, operating policy and planning. In addition, Mr. Draper has served as a director of Owens Realty Mortgage, Inc. since its inception in 2012. From August 2012 through December 2015, Mr. Draper served as Chief Financial Officer and Secretary. He has also been the Chief Financial Officer and Corporate Secretary of Owens Financial Group, Inc. since December 1987 and a member of the Board of Directors of Owens Financial Group, Inc. since January 1997. Mr. Draper received a Master’s degree in business administration from the University of Southern California in 1981 and is a certified public accountant.
William E. Dutra
Executive Vice President
Mr. Dutra joined Owens Financial Group, Inc. in 1986 and has served as a member of the Board of Directors and the Loan Committee since 1995. He is responsible for loan committee review, loan underwriting, loan production and executive management. Mr. Dutra has over 30 years of commercial origination, financing and servicing experience, including expertise in troubled loan workouts. He has been actively involved in all aspect of company management, including asset management and disposition, development and redevelopment of REO. Mr. Dutra graduated from California State University, Hayward in 1985 with a degree in finance and real estate management.
Daniel J. Worley
Senior Vice President and Corporate Secretary
Mr. Worley joined Owens Realty Mortgage, Inc. in 2013 as a Senior Vice President and Corporate Secretary, responsible for capital markets, investor relations, regulatory compliance, and governance. In addition, he is a member of the senior management team and participates in executive management and strategy. Prior to joining the company, he was the Chief Strategy Officer at Mason-McDuffie Real Estate. Previously, he served as the Chief Operating Officer of NorthPoint Financial Group and Managing Director of the Berkeley Center for Advanced Technology, a seed-stage venture fund. Mr. Worley has over 20 years of executive management, private equity, corporate development and real estate finance experience.
Melina A. Platt
Chief Financial Officer and Treasurer
Ms. Platt has served as the Chief Financial Officer and Treasurer since January 2016 and is responsible for accounting, treasury, financial planning, external reporting and executive management. In addition, she has served as the Controller of Owens Financial Group, Inc. since May 1998 and is a certified public accountant. Previously, Ms. Platt provided audit services as a Senior Manager with KPMG LLP.
Brian M. Haines
Senior Vice President
Brian joined Owens Financial Group in 2007. His focus is on the origination and structuring of debt investments, asset management and business development. Brian became a member of the Owens Financial Group Board of Directors in 2014. He is a Past President of the Bay Area Mortgage Association (BAMA) and an active member of the Urban Land Institute (ULI), National Association of Industrial and Office Properties (NAIOP) and the California Mortgage Bankers Association (CMBA). Brian graduated from The Pennsylvania State University where he studied Economics and Business Law and is a licensed California Real Estate Broker.