Confluent Development, a Denver-based real estate investment and development firm, has introduced a new operational structure for the company as it accelerates its growth trajectory. To prepare the firm for a new phase of growth, it will establish two core business divisions, Confluent Commercial and Confluent Senior Living.
Since its inception in 2014, Confluent Development has been intentionally structured to excel in all phases of real estate development with project teams that are highly disciplined across asset classes, executing across custom and complex commercial, mixed-use, retail, senior housing, industrial and office projects.
To support the firm’s expansion, Chief Executive Officer Marshall Burton is strengthening the current leadership team through the appointment of Celeste Tanner and John Reinsma to presidents of each division.
“The creation of these new divisions acknowledges the synergies across Confluent’s platforms, but there are also unique investment and operational characteristics that require dedicated expertise and focus,” said Marshall Burton, CEO of Confluent Development. “Flowing together as one unified team is a core value of this firm, and as CEO I will continue shaping Confluent’s future strategy with this top of mind. While Confluent has experienced meaningful growth since its inception, we are well-positioned to expand beyond our average growth rate, and I look forward to focusing my efforts on enhancing our mission to inspire, inform and positively impact the communities in which we develop.”
Celeste Tanner, co-founder and former chief development officer of Confluent, will be the president of Confluent Commercial, which serves as the umbrella division to the firm’s commercial, mixed-use, retail, industrial and office projects. John Reinsma, former managing director and co-founder of Confluent Senior Living, will assume the role of president of the firm’s national senior living subsidiary. Both Tanner and Reinsma will continue to serve on the Confluent Development executive committee, reporting to Burton.
“The addition of president roles for Celeste and John is representative of our team’s strength in the market and critical to our growth trajectory. It’s a very proud moment as we recognize and reward each for their tremendous leadership and value they bring to Confluent and all our stakeholders; communities, partners, investors, residents and tenants,” continued Burton.
In Tanner’s tenure as co-founder at the company, she has steered the firm’s execution across all phases of real estate development, overseeing $1.5 billion of investment across the organization’s diverse portfolio, consisting of industrial, office, retail and mixed-use development projects. Under Tanner’s guidance, Confluent has delivered award-winning projects and works with the nation’s most sophisticated clients.
By identifying the potential for and creating micro markets through real estate development, Tanner is a leading force behind establishing neighborhoods and unique environments both within Denver and on a national scale. She has been awarded for her outstanding achievements from organizations such as the Denver Business Journal, CREW, NAIOP Colorado and Bisnow. Tanner is also an executive committee member on the national board of NAIOP to provide a voice for Colorado’s development industry and its impact across the nation.
“In this new role, I will actively source new development investment opportunities and establish a forward-thinking approach to commercial real estate nationally,” said Celeste Tanner, president of Confluent Commercial. “This enhanced organizational structure for our firm will further our goals of securing and promoting the best talent in the industry, and establish operational models necessary to accelerate our long-term vision. True to our name, we remain committed to remaining nimble and entrepreneurial, including continued diversification of our product and an unwavering focus on maintaining our foundational culture of collaboration and partnership during this exciting phase of growth.”
John Reinsma joined Confluent Development as a development director in 2013 focusing on the FedEx build-to-suit program, office redevelopment and the burgeoning senior housing program. He has since served on the executive team influencing broad organizational success. Reinsma, alongside Burton and Tanner, championed the creation of Confluent Senior Living, a subsidiary of Confluent Development entirely devoted to the senior living development industry. He has established Confluent Senior Living as a national developer and investor of senior housing projects through partnerships with a variety of industry-renowned senior living operators across the nation. Reinsma has been honored as a Denver Business Journal C-Suite award winner and Confluent Senior Living’s notable projects have been recognized on a national scale from NAIOP, the American Society of Interior Designers and more.
“As leaders in senior living, Confluent is trailblazing the future of this industry in today’s new normal with the Whole Health Standard and we are investing heavily in our ability to create healthy spaces for our seniors and staff,” said John Reinsma, president of Confluent Senior Living. “As President, I will be focused on identifying and pursuing opportunities for new markets and project expansion, meanwhile ensuring Confluent Senior Living’s existing properties remain at the forefront of the industry with cutting-edge technologies, operations and productivity solutions.”