About Us

First Solution Development Group LLC, a North Carolina limited liability company established in 2023, is responsible for managing the Fund. Our expertise lies in real estate development, and our team is composed of highly skilled professionals. With a collective experience of 43 years in the real estate industry as licensed builders, developers, real estate brokers, and real estate investors, we bring a wealth of knowledge to the table. Additionally, we have 16 years of experience in wealth management, specializing in a range of services, including accounting, and financial/ market analysis. This diverse skill set enables us to provide comprehensive and valuable market insights for our investors, ensuring that their investment needs are met with utmost expertise and care.

Through our strong relationships with national home builders, we streamline the transition from land acquisition to development, ensuring a seamless process. This approach not only mitigates risk but also maximizes the potential for profitable returns on investment. Our investors can have confidence in our ability to execute successful projects with minimal risk exposure, setting us apart in the market.

Meet the Team

Shelton Ray

Chief Executive Officer

Experienced real estate developer with a proven track record in successfully managing and executing diverse development projects. Proficient in site acquisition, entitlements, construction management, and delivering profitable outcomes. Strong financial acumen and a strategic approach to maximize value and meet market demands. Strong expertise in market analysis, project financing, construction management, and maximizing returns for investors.

Projects underway

City Lake Subdivision 86 acres totaling approximately 280 lots project revenue $27MM.
Unity Walk Subdivision 21 acres totaling approximately 48 lots/ 96 Townhomes project revenue $6.7MM.
SKS Ventures 5 ten-unit apartment building over the next 5 years Totaling 50 Units project revenue $5.5MM.
Founder of First Solution Properties focusing on single family residential real estate executing a value-add model generating project revenue $3MM

ana mota

Chief Financial Officer

As a dedicated Compliance/Risk Analyst and New Business Development Analyst with 13 years’ experience working in Private Banking & Wealth management Ana, brings expertise in ensuring regulatory compliance and mitigating risks within diverse business environments. With a strong background in conducting comprehensive risk assessments and implementing effective compliance programs.

As a highly motivated and results-driven New Business Development Analyst, Ana brings a wealth of experience in identifying and capitalizing on new business opportunities. Adept at conducting market research, analyzing industry trends, and formulating actionable strategies to drive business growth and expansion. Demonstrated a strong track record of successfully identifying untapped markets, evaluating market potential, and developing innovative business models to enter new territories. The ability to think creatively and assess market dynamics allows Ana to effectively assess risks and rewards associated with new ventures.

Rod thompson

Chief Operating Officer

Construction background of over 36 years. Accomplished, proactive Land developer, Construction Manager and Owner, Licensed in California, Arizona, and Nevada. Direct, hands-on experience from apprentice to owner in ground up design build construction and management. Expert in horizontal construction, vertical Construction, new construction, renovations, and individual specialty trade construction.

MEP design build contractor - Licensed C-36 plumbing; C-10 electrical; C-20 HVAC.
Land development, Housing builder and General Contractor - CM/PM - Licensed B General contractor.
Civil contractor specializing in wet and dry utilities, structural and site concrete, and asphalt paving - Licensed A; C-50; C-08

jerry Simmons

Executive Real Estate Broker/ Buyer

As a seasoned 15-year Real Estate Broker and Buyer, Jerry brings extensive expertise and a proven track record in facilitating successful real estate transactions. With a passion for the industry and a commitment to client satisfaction, striving to provide exceptional service and delivering optimal results.

Demonstrating a deep understanding of the real estate market, trends, and investment opportunities. Comprehensive knowledge of local markets and neighborhoods allowing him to guide clients in making informed decisions and achieving their real estate goals. Possesses strong negotiation skills and a keen eye for identifying valuable properties.

Exceling at analyzing market conditions, conducting property valuations, and strategically pricing properties to maximize returns. Leveraging an extensive network and industry connections to source off-market opportunities and provide clients with a competitive advantage.

Juwan Hayes

Executive Accountant & Auditor

As a diligent and detail-oriented Accountant, Juwan brings a strong foundation in financial management, analysis, and compliance. With a focus on accuracy and integrity, dedicated to ensuring financial records are maintained with precision and adherence to regulatory requirements.

Developed expertise in financial reporting, budgeting, and financial analysis. Possessing a deep understanding of accounting principles and practices, handling complex financial transactions, preparing accurate financial statements, and providing valuable insights for decision-making.

Demonstrates proficiency in managing general ledger activities, reconciling accounts, and conducting financial audits. Adept at utilizing accounting software and technology to streamline processes and enhance efficiency. Knowledgeable about tax regulations and has experience in preparing tax returns and assisting with tax compliance.