MANAGEMENT TEAM

Our management team has extensive experience in nearly every aspect of the real estate and investment markets, and each brings a unique expertise, which allows us to successfully implement our portfolio's strategy in conjunction with our investment partners.  


John Ward

CEO & Managing Partner

John Ward is responsible for overall operations at Turnstone Capital, including investment decisions and business strategy.  Throughout his career John has worked in numerous areas of real estate including mortgage lending, both primary and secondary marketing of Fannie Mae mortgage-backed securities, real estate development (including new construction and renovation), and multi-unit apartment acquisition and renovation. His specialties include acquisition, due-diligence, financial evaluation, and management oversight. John has personally sponsored the purchase and renovation or new construction of over 600 projects, ranging from single family residential to 460-unit apartment complexes. John, his wife, and two children reside in Manhattan Beach, California.


Danny Ellebrecht

Managing Partner

Danny Ellebrecht is responsible for the accounting and finance operations at Turnstone Capital.   Before joining the company, Danny spent time working in Corporate Finance and Treasury at a Fortune 500 company, where he helped manage a multi-billion dollar portfolio of derivatives and risk.   Danny has a degree in Business Administration with a concentration in Finance from the University of Southern California and currently lives in Downtown Los Angeles.


John Chelius

Managing Partner

John Chelius is responsible for property acquisition and disposition at Turnstone Capital. His role focuses on analyzing the financial performance of potential and current properties, preparing underwriting models for investor purchases and coordinating with outside real estate agents, asset managers and industry contacts to expand Turnstone Capital’s portfolio of properties. He previously worked at a software company in Seattle that offered a SAAS platform for Mortgage Banks. John is a graduate of the University of Michigan and enjoys watching college and pro football on the weekends.