Mike Rhoads is Executive V.P. of PFG Capital, a real estate syndication, development, management, construction and venture capital company. The Virginia Tech graduate with BS & MBA degrees in finance is a licensed Realtor, Property & Casualty and Surplus Lines insurance producer. Mike previously, was Senior V.P. and CIO with a regional mortgage banking firm where he supervised more than 65 employees. Prior to that he had five years service in various finance departments at Armstrong World Industries, and six years experience in all facets of residential and commercial construction in Pennsylvania and North Carolina.
In 2001, under the PFG umbrella, he was a Principal involved with the syndication and creation of All Seasons Storage Trust – a privately held REIT specializing in self-storage. He successfully led the site feasibility studies, acquisitions, lease-up, marketing & operations of 30 self-storage facilities. In 2005 All Seasons had grown to be on the Top 50 National Self Storage Operators list. In 2006 the REIT was sold to a national self-storage operator. PFG currently owns 10 self-storage facilities under the brand name StorageWorks and Storage Depot.
In 2010, he was cofounder and Broker of Record of Storsmart Insurance Company, an insurance company specializing in self-storage tenant contents insurance. Mike currently serves as agency President and is responsible for sales, customer service, operations and program development functions.
Mr. Rhoads is currently Vice President of the Pennsylvania Self Storage Association, is a past member and Director of the Construction Financial Management Association and member of the Institute of Management Accountants. He has written various articles on financial and customer service topics and has participated in seminar presentations for the Pennsylvania Housing Finance Agency, the National Association of Home Builders, the Mortgage Bankers Association, the Inside Self Storage World Expo and numerous state association self-storage conferences. A native of York County, PA, he currently serves as Treasurer of the Hellam Township Recreation Commission and past Chair and Board Member of York Area Housing Group, a non-profit housing provider.