Our Management Team

Frank Z. Jemison, Jr.

As Chairman of the Board, Frank continues to provide vision and strategy to guide the growth and sustainability of ALCO’s portfolio. Beginning his career in real estate in 1970, Frank established ALCO in 1974, and after 50 years, Frank retired as CEO of ALCO in 2020. His decades of service built the company into a leader in managing apartment communities. His expertise in apartment finance and affordable housing programs resulted in ALCO’s portfolio of affordable housing communities. He graduated with honors in engineering from Princeton University and completed Harvard University’s Smaller Company Management Program. Frank served on the Boards of the Institute for Responsible Housing Preservation and the National Leased Housing Association (NLHA) and numerous Memphis business, religious and charitable boards.

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Berkeley C. Burbank

Berkeley was named CEO of Alco in 2020. He guides Alco’s efforts to build community by providing quality affordable housing for residents of every Alco property and meaningful jobs for every Alco employee. He provides leadership to ensure the company’s continued growth and sustainability as an owner, developer, and manager of affordable housing communities. Berkeley has been active in the development of affordable housing communities since 1995. He joined ALCO’s acquisitions and development team in 2006 to manage the financing and redevelopment of many of our communities. He has deep experience working with a broad range of debt and equity sources to make these projects possible, including conventional and FHA mortgage programs, tax exempt bonds, low income housing tax credits, and other federal and local housing programs. Berkeley is actively engaged within the affordable housing industry and in his community. He has served on the board of directors of the Frayser Community Development Corporation and the New Ballet Ensemble. He holds a degree in public policy from Stanford University.

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Robert D. Hyde

After serving as ALCO’s outside counsel as a partner in the Memphis law firm Farris Bobango PLC, Robert joined ALCO in 2002 to oversee legal matters, financial structuring of transactions, and recruitment of equity partners. In 2011, Robert became the President of ALCO and is responsible for all aspects of development, acquisition, construction, management and repositioning of ALCO’s portfolio of communities. With an accounting degree from the University of Mississippi and a Juris Doctor from the University of Mississippi School of Law, Robert is a Certified Public Accountant (CPA) and a member of the Mississippi and Tennessee Bar Associations.

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Michael D. Johnson

During his more than 35 years with ALCO, Michael helped develop the strategies which guided the company’s significant growth and national recognition as one of America’s largest managers of affordable housing. He cites a corporate culture which celebrates teamwork and empowers staff to serve others as a key to ALCO’s success. Since starting his career at ALCO as an accounting manager, Michael has served as controller, chief financial officer and chief operating officer. He holds an honors degree in accounting and an MBA in finance from the University of Memphis. He is a Certified Public Accountant (CPA), Certified Information Technology Professional (CITP), National Affordable Housing Professional Executive (NAHPe) and Specialist in Housing Credit Management (SHCM). Michael is past President of the Southeastern Affordable Housing Management Association (SAHMA) and past President of National Affordable Housing Management Association (NAHMA). He is also a board member of the National Leased Housing Association (NLHA).

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Dana Patterson

As Senior Vice President, Dana provides guidance and coordination for ALCO’s property operations including Property Management, Compliance, and Learning and Development. Dana joined ALCO in 2007 as a property accountant after working onsite in multifamily property management since 1999. While at Alco, she has held leadership positions in both the Accounting and Asset Management Departments. Dana holds an undergraduate degree in Business Administration from the University of Memphis and an MBA from Christian Brothers University. Dana is a Certified Professional of Occupancy (CPO) and a Specialist in Housing Credit Management (SHCM) and has served on the Board of Directors with the Apartment Association of Greater Memphis.

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Sondra M. Wimbs

Beginning her career with ALCO in 1991 as a district property manager with a background in hotel and condominium management, Sondra supervises the day-to-day management and operations of all communities in ALCO’s portfolio. Sondra holds an undergraduate degree from the University of Tennessee and is a Certified Property Manager (CPM), a Registered Apartment Manager (RAM), a National Affordable Housing Professional Executive (NAHPe), has the Fair Housing Compliance designation (FHC), is a Specialist in Housing Credit Management (SHCM), and is active in local professional housing organizations.

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Stewart Carlin

Since joining ALCO as a financial analyst in 1999, Stewart has successfully executed complex recapitalization plans and reduced utility costs through specific programs, as well as leading “green project” initiatives. As Vice President of Asset Management, Stewart develops and executes long-term, performance-enhancing strategies while monitoring budgets, capital requirements and the overall performance of properties across the ALCO portfolio. Stewart holds an undergraduate degree from Vanderbilt University and an MBA in Finance from the University of Memphis.

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