office space

our team

The Blue Heel team is highly skilled in managing all aspects of the development and construction process, including acquisition, entitlement, infrastructure development, vertical construction, sales and marketing. Because of the wide-ranging experience of our team, Blue Heel can be opportunistic and adaptable in its response to each project with the unique approach each site deserves. Our focus is on commercial, multi-family, and residential development projects in the Charlotte and Raleigh regional markets.

We are a close-knit team of very honest and trustworthy folks who take pride in their work and always try to do the right thing. We custom design our homes for our individual projects to meet the needs of the community, the homeowner, and the surrounding neighborhoods. We believe this differentiates us from merely having a stock of plans that we use up and down the East Coast. We believe the customization of the elevation, the thoughtfulness of the streetscape, the front elevation colors, the walkability of the neighborhoods can all make a difference.

 

We strive to have our neighborhoods look and feel more people-friendly and give more attention to the curb appeal and the use of the community as a whole. We all live in this community and want to continue to be part of it for years to come.  We're not interested in being a franchise and just setting up a model and going all over the country. Our goal is to do a nice job in the community in which we live and where we grew up, and hopefully leave a nice legacy for future generations.
 

our leadership

Blue Heel is led by an entrepreneurial, highly experienced team of real estate development and finance professionals with over 75 years of combined real estate development and finance experience in multiple asset classes (office, medical office, industrial, multifamily, and residential). We are experienced in managing all aspects of the development and construction process, including acquisition, entitlement, infrastructure development, vertical construction, leasing, sales and marketing. Because of the wide-ranging experience of our team, Blue Heel can be opportunistic and adaptable in its response to each project with the unique approach each site deserves.

KYLE GROVES

CEO

Kyle is the co-founder of Blue Heel Development and is responsible for investment strategy and capital relationships. His diverse finance background extends across multiple asset classes in real estate and across various disciplines as an investor, developer, lender, and lender to lenders.

 

Over his career, Kyle has underwritten over $1 billion in real estate projects and has developed relationships with a diverse group of equity and debt sources. This has positioned Blue Heel to capitalize on opportunities and creatively structure projects that align the interests of all stakeholders.

 

Prior to forming Blue Heel Development, Kyle was involved as a partner and investor in multiple real estate finance companies, including Carolina Private Lending, the American Association of Private Lending, and RBA Capital, a lender finance company in partnership with a Philadelphia based bank.


Kyle received his BSBA from Georgetown University and his MBA from Duke University, and resides in Raleigh with his wife and four sons.

JULIE GAVAGHAN

CCO

Julie Gavaghan is a highly regarded real estate professional who brings significant experience in commercial, industrial, and residential development, as well as years of brokerage and property management experience to the Blue Heel team.  

 

She is the Lead Developer for the Blue Heel Raleigh Office and also leads the Commercial Development efforts for the company. Julie previously served as Chief Operating Officer of Keystone Corporation for 16 years. Julie was responsible for managing and coordinating the efforts of the entire Development and Construction Team, including design, construction, financing, property management, and leasing.

 

She has supervised the completion of +/- 2.1 million SF of Class “A” Office, Single-Story R&D, and Warehouse commercial properties and +/-1.3 million SF of residential developments in the Triangle area.

 

Julie graduated Summa Cum Laude from NC State with degrees in business management and finance.

JACK ROLLINS

CFO

Jack Rollins is a seasoned real estate finance professional with experience in all phases of real estate investment, development, finance, and accounting. Over his career, Jack has served as CFO for multiple real estate development companies with developments across the country including in Florida, Missouri, Hawaii, Tennessee, and North Carlina. In this capacity, Jack had the ultimate responsibilities for overseeing all finance and accounting functions for real estate development activities. This included land development as well as single and multi-family construction.

 

In addition, he has also served as a financial due diligence auditor for a real estate finance company and an audit manager for a national public accounting firm specializing in the financial statement audits of real estate development clients. Jack was also involved as a partner and founding member of the American Association of Private Lenders.

 

Jack is a Certified Public Accountant and holds a BSBA from The University of Florida in Business Administration and a BSBA from The University of Central Florida in Accounting.

WHITT COZART

Development Manager, Raleigh

Whitt Cozart is Blue Heel’s Development Manager in the Raleigh-Durham market, currently focused on all aspects of the company’s single-family residential development projects.

 

He brings to the team more than fifteen years of experience in commercial and residential real estate and construction. He was previously a land development manager for a national homebuilder (NVR, Inc), a development manager for a regional commercial/mixed-use real estate company (Kane Realty Corp), and an investment and land sales analyst and broker for an international commercial real estate services group (Avison Young).

 

Whitt has been involved with or directly managed the development of more than one million square feet of retail and office space, a hotel, 750 apartment units, and 2,500 single-family lots and residences. Whitt graduated with a BA from The University of North Carolina at Chapel Hill. He holds NC licenses as a general building contractor, real estate broker, and certified general real estate appraiser.

MIKE IRVIN

Development Manager, Charlotte

Mike is Blue Heel’s development manager for the Charlotte office and the sales coordinator for both the Charlotte and Raleigh offices.  

 

His primary role consists of managing the land and vertical development of our townhome and active adult communities.  He also plays a part in the development and implementation of our internal systems and processes.  Mike previously worked as the lead analyst for a Real Estate zoning firm and before that the lead investment associate for a wealth management group.  

 

He has been with Blue Heel for over 2 years now.  He graduated Clemson University with a Corporate Finance major and an accounting minor.  He also holds his NC real estate brokers license. 

MATT GALLAGHER

Lead Developer, Charlotte

Matt Gallagher is a seasoned expert in residential development and new home construction with over twenty years of real estate experience in the greater Charlotte area. Matt has worked on projects ranging from large master planned single family, townhome and condominium communities, to traditional neighborhood developments with mixed use components. Matt has expertise in strategic infill construction in high growth areas.


Previously, Matt worked for Gandy Communities managing their sales and marketing and was responsible for 15 neighborhoods in four counties, with sales of over 1500 units. With longevity in the marketplace Matt continues to build relationships to find new opportunities, creating value with entitlements and development, and in the sales and marketing of new homes and communities.


Matt has an undergraduate degree from Liberty University in Virginia and a MBA from University of North Carolina at Charlotte.

for more information

For more information about current Blue Heel projects, investment opportunities, as well as services offered by the

Blue Heel team, please contact the appropriate Blue Heel office.