Bruce Heitler

Founder & Principal

Bruce founded Heitler Development, Inc. in 1976 and Mosaic Property Management in 1998 and serves as the President of both organizations. Heitler Development specializes in multi tenant commercial, residential and mixed used projects. Bruce has lead over 12 major development projects with successful exits since founding the companies including mixed use 221(d)(4) projects in recent years. His leadership includes extensive dealings with the US Department of Urban Housing and Development.

A graduate of Yale Law School, Bruce has maintained an active and prominent role in community and civic endeavors. Among his many leadership roles, Bruce has served as Chairman of the Lowry Development Authority, Trustee and Corporate Treasurer of the Eleanor Roosevelt Institute of Cancer Research, Member of the Board of Governors of the Association of Yale University Alumni and Member of the Board of Trustees of the Social Science Foundation at the University of Denver.

Jacob Heitler

Principal

Jacob has split his professional life between the real estate and technology industries.  After completing his undergraduate degree in Applied Mathematics at Yale University he earned an MBA from UC Berkeley.  Jacob began his career as a specialist in financial modeling and analysis for Wall Street Analytics (now part of Moody's). He joined his father, Bruce Heitler, at Heitler Development Inc. working on HUD financed development and investments which is where he gained his experience and knowledge of the 221(d)(4) program.  He then put his entrepreneurial spirit and love of technology to work as the founding Head of Product at Lifelink Systems.  He joined D4 Equity in 2020 and continues in an advisory role with Lifelink.

Adam Hirsch

Principal, Analyst

Adam has been working as an analyst at D4 Equity since 2018. Originally a research scientist, he has studied atmospheric chemistry for NOAA in Boulder, Colorado and commercial building energy efficiency and renewable energy for the U.S. DOE's National Renewable Energy Laboratory in Golden. Adam received his Bachelor's degree from Harvard University and his Ph.D. from the University of California at Irvine, both in the Geosciences. He has lived in Israel since 2015 with his wife and four sons and enjoys hiking and cooking.

Janice Lastrella

Investor Relations

Jan joined Mosaic Property Management in 2001 and was promoted to Vice President of Property Operations in 2005.  Over the course of almost 20 years working with the company, she has worked extensively with the Low Income Housing Tax Credit and Section 8 housing programs and the development and lease up of new multifamily communities.  Ms. Lastrella has managed portfolios that included office, retail, mixed-use multifamily and senior properties.  Her property specific experience includes responsibilities such as site level bookkeeping, HUD audits and compliance, preparing operating budgets, supervision of up to 19 employees, a condo conversion and project management of multi-million dollar capital improvement projects.  While she still maintains her role and responsibilities as Director of Property Management for Mosaic, since 2016 her time and skills have also been directed to administration and investor relations for D4 Equity.

Ms. Lastrella holds a B.A. from the University of Colorado and has been a licensed real estate broker in the state of Colorado since 1996.  Time off is spent with her family and playing tennis.

Trevor Tice

Founder & Principal (in memoriam)

Trevor Tice was an investor and partner with Bruce Heitler in the development of Highland Park Apartments, a project in Denver financed with a loan guaranteed under the 221(d)(4) program. When that project was sold, Trevor and Bruce developed the investment strategy of D4 Equity.

Trevor Tice was founder and CEO of CorePower Yoga for 13 years. Under his leadership, the prominent lifestyle brand established Yoga studios in 25 markets with more than 100 corporate owned locations and 3,000 employees. Previously Trevor was the Founder/CEO of TechPartners International, a $100 million IT outsourcing firm that he sold to a public company in the UK in 2000.
Trevor was a member of the Young Presidents Organization and received the Ernst & Young Entrepreneur of The Year® 2010 Award in in the Rocky Mountain region.

Trevor passed away in late 2016, not long after D4 Equity funded our first 221(d)4 investment. We take comfort knowing he would be extremely excited and pleased with the business his vision helped create.