FIRM BIOS

ARTHUR A. KLIPFEL III, FOUNDER, PRESIDENT/CEO

Arthur Klipfel is one of the founding Partners of Oaktree Development. He oversees project acquisition, and as a licensed architect, the design aspects of project development. He has a strong financial background, and plays a major role in creating project budgets and structuring joint ventures and partnerships.

Mr. Klipfel has a Masters Degree from Yale University in Architecture, and a Bachelors Degree from Cornell in Economics. He also completed a year of post graduate work at Harvard in Architecture. After becoming licensed, he perfected a patented factory-built housing system and completed a successful IPO under the name Unihab, Inc. Unihab’s mission was to design and develop efficient and affordable housing, utilizing factory built technology when possible. Mr. Klipfel served as President of Unihab for 18 years when, during the 1970’s and 1980’s, Unihab completed the design and development of over a 1000 units of housing marketed primarily to young professionals and empty nesters located in urban areas. In the 1990’s Unihab was reorganized as a partnership committed to sustainable design and development, and re-named Oaktree Development.

While working on the design of multifamily residential projects, Mr. Klipfel noticed that most residential buildings are comprised of stacks of units that repeat from building to building: outside corners, inside corners and corridor units. He believed that with emerging computer interfaces this repetition could be captured to create an iterative system of designing and constructing residential buildings. The resulting system developed and patented by Mr. Klipfel, became the foundation for GreenStaxx, with the mission of offering the resulting process to residential developers, nationally.

Mr. Klipfel won the Paris Prize in architecture after graduating from Yale, and spent a year studying in Europe. He has won two design competitions, one designing a museum for Neil Armstrong, the first man on the moon, and the second a state competition for senior housing in Chelmsford., MA. Mr. Klipfel is married to his partner, Gwen Noyes, and together they have five children.

GWENDOLEN G. NOYES, FOUNDER, SENIOR VP MARKETING

Gwen Noyes has been a partner of Oaktree Development and its predecessor, Unihab Inc, since 1973, when Arthur Klipfel and she founded Unihab. Her work in these multi-family housing development companies has been focused to date in Cambridge and several metropolitan Boston cities. Trained as an architect, she has been the designer and partner in charge of many complete renovations and new communities totaling several hundred units. Frequently working in neighborhoods that are apprehensive or resistant to change, Ms Noyes has gained substantial experience in successfully permitting Oaktree’s projects. She helps neighborhoods to envision the contribution that an Oaktree community will bring. She also led in the sociologically complex formation and development of the Cambridge Cohousing community, an award winning, and nationally acclaimed example of environmentally responsible design. Gwen and her husband, Arthur Klipfel, live in this community.

Ms Noyes has a Master of Architecture degree (honors) from the University of Pennsylvania and a Bachelor of Arts from Vassar College. She has lived and worked in Cambridge, MA for thirty eight years, though she enjoyed brief working stints in Japan, Denmark, and NYC. She has traveled extensively and served as an officer and President of the Board for the Cambridge Center for Adult Education. She has also served as a founding trustee on the City of Cambridge’s Affordable Housing Trust, and is a member of Cambridge Friends' Meeting (Quaker), where she heads the EarthCare Witness Committee. Growing up on an organic farm in Illinois provided the 'germ' for Gwen's concern for the environment, and has long found expression in the transit

CHRYSE GIBSON, EXECUTIVE VP

Chryse Gibson joined Oaktree Development in 2010 bringing with her a unique blend of skills and expertise to support organizational development, finance, stakeholder relations and business development.

Chryse began her building career working for Paolo Soleri at Arcosanti before earning her license as one of the first three women journeyman carpenters in NYC. In 1982, Chryse moved to Canada where she founded Sisters’ Construction, a home renovation company before going to Nicaragua to work with the Center for Appropriate Technology to create a national carpentry training center.

On her return, Chryse joined OXFAM-Canada as the director of domestic programs to pursue her second career in organizational development. With an expertise in strategic change, Chryse continued her work as the Executive Director with Youth Challenge International with offices in Costa Rica, Guyana and the Solomon Islands and as the founding Executive Director of the Women’s Future Fund, an innovative collaboration of national women’s organizations raising financial support through workplace giving.

In 2005 Chryse returned to the United States with her family, taking the position of Executive Director for the Newton Schools Foundation. Currently Chryse is also developing Living Ahead, an interdependent living solution to support financial, social and health security.

Chryse studied sculpture at the Philadelphia College of Art, received her BFA, magna cum laude from U-MASS Amherst, is a certified carpenter and licensed real estate agent. Chryse currently lives in Newton with her husband, traveling frequently to Canada to visit her son and daughter.

EMILY CORBETT, SENIOR DESIGNER

Emily Corbett joined Oaktree in 2012 as the Senior Designer and is responsible for project design ranging from initial site analysis, space planning and presentation drawings to 3D modeling and rendering and drafting of construction documents for Oaktree’s transit-oriented residential and mixed-use projects. With her comprehensive background in systems and 3D modeling, Emily plays a lead role in the development of the GreenStaxx units and system.

In 2013, Emily attended the Passive House Academy in New York and earned her Passive House Designer Certification. She is strongly committed to sustainable design and building practices. Before joining Oaktree, Emily was a designer at Paul Lukez Architecture and DiMella Shaffer in the Boston area. While attending the University of Michigan to earn her M. Arch degree, Emily had the opportunity to be field drafter for the Hellenistic archaeological site of Aphrodisias in Turkey, as well as study architecture in Beijing, China and Florence, Italy. Emily received her BA from Haverford College majoring in the Growth and Structure of Cities with a concentration in Environmental Studies.

Emily currently lives in Portsmouth New Hampshire.


STRATEGIC PARTNERS

SCOTT ORAN AND MARK DUFTON, DINOSAUR CAPITAL PARTNERS – NEWTONVILLE SQUARE, NEWTONVILLE MA

Dinosaur Capital Partners acquires and develops real estate and advises clients the old-fashioned way. Like the oft-maligned dinosaur, real estate is frequently misunderstood. We believe superior risk- adjusted returns can be achieved in all parts of the real estate cycle through careful asset selection and appropriate financial structuring. Careful asset selection means we’re picky about the properties and locations we choose and the people we do business with. We look for the best in both and put a premium on integrity and transparency. Appropriate financial structuring means we’re not momentum players but long-term investors always focused on preservation of capital and long-term wealth creation. Historically and fundamentally, we believe, real estate is a get-rich-slow business, ill-suited to chasing the latest fad.

www.dinosaurcap.com

PATRICK CLEARY, FX INVESTMENTS, LLC – BROOKSIDE SQUARE, CONCORD MA

Patrick Cleary came to work with Oaktree from a background in Retail Development. He has represented and developed for some of the country’s most prolific retail tenants throughout the highest barrier-to-entry markets of the Northeast. Patrick perfected a system for market/ trade area analysis, and site identification over a period of 10 years that meets the strictest criteria for the most discerning end-users. Patrick has brought this unique skill set to Oaktree Development and has applied it to the asset class of Mixed-Use Transit Oriented Development.

Patrick started his career in real estate development when he founded CCR Development Group, specializing in the development of luxury single family homes. He eventually turned his attention to commercial real estate and went on to become Vice President of Development for the shopping center development firm The Hecht Company. As both exclusive broker and fee developer, he represented some of the country’s most sophisticated and prolific retail companies in the country and was involved in the development of over 4 million square feet in one of the highest-barrier-to-entry markets in the United States. Rather than working strictly as a fee developer and broker, however, Patrick was instrumental in moving the Company into the development world as Principals. With the growing volume of retail developments The Hecht Company was engaged in as Principals, Hecht Development was founded in December of 2006, and Patrick was named a Partner. During his tenure, Patrick was responsible for market analysis, site identification, acquisition strategy, management of project consultants and contractors, and the permitting of complicated and often-times politically delicate projects.

In 2008, Patrick was asked to take on the project management for New Boston Fund’s million square foot mixed-use project "The Gateway at Quonset Point" in North Kingstown, RI. Patrick was responsible for overseeing the construction of a Lowes Home Improvement Store, Kohl’s Department Store, and a regional high-end grocery store called Dave’s Marketplace. Patrick also was able to attract and negotiate a deal for a Marriott Town Place Suites, which was the only hotel deal in the United States able to secure financing at the time.

Patrick is a Georgetown University graduate and he currently lives in Boston, MA.


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Should you have any questions about Oaktree Development, its partners, or any of the projects please feel free to contact us directly.

T. 617-491-9100      F. 617-491-6004
84 Sherman Street 2nd Floor, Cambridge, MA 02140