EXECUTIVE LEADERSHIP
Matt McDonald
Principal & Managing Partner
R. Matt McDonald is Managing Director of Vista Development, Ltd. and ProNet Capital, LLC, Vista’s Colorado-based sister company. ProNet Capital, which Mr. McDonald co-founded in 2000 with W. Scott Boatman, is a boutique private equity and real estate development firm with an established track record in the development and co-development of multifamily properties in the Seattle area and hospitality properties primarily in the Caribbean market. Mr. McDonald has substantial financial management experience with private and publicly held companies, as well as a significant background in the banking industry. He is currently an active Board Member for the West Caicos Reserve project, a $1 billion residential and hospitality real estate enterprise where he led recapitalization and restructuring efforts that resulted in a $120 million equity investment. McDonald was also the first developer to bring new luxury villas to the north shore area of Providenciales in Turks and Caicos, including the 7,600+ square foot Mother’s House, which achieved 2017’s highest resale price at $7.625 million. In addition, as Director of Development for NCPA, McDonald is managing the marina and residential development on over 100 acres of property in the North Creek area of Grand Turk.
Jonathan Siegel
Partner and CFO
Jonathan Siegel is Managing Director of Vista Development, Ltd. He is also the CFO of ProNet Capital, LLC, which he joined in 2004. Over the past 25 years, Mr. Siegel has held various executive positions in real estate development. Most recently he served as Managing Director and CFO for the West Caicos Reserve projects, a $1 billion residential and hospitality real estate enterprise where he continues to serve as a board member. Previously, Mr. Siegel was founder and managing member of The Provo Fund, a real estate fund that made early investments in West Caicos Reserve, was Chief Investment Officer for a Cayman-based resort developer, and consulted for a Bangkok-based hotel development company. He has an extensive background in the brokerage industry, and worked at LF Rothschild, Drexel Burnham Lambert, and Donaldson, Lufkin, and Jenrette, Inc. He co-founded the Grand Charter Group and its broker/dealer subsidiary, Prime Charter, Ltd., was Chairman and CEO of Global Capital Markets, LLC, a full-service brokerage firm, and was Chairman and CEO of the parent company of Sutton Online, Inc., a publicly traded provider of online solutions to broker-dealers and individuals.
Scott Boatman
Of Counsel
Mr. Boatman is an attorney and entrepreneur who has focused most of his efforts representing professional athletes and overseeing their business and personal affairs along with managing their non-traditional investments. Mr. Boatman is a graduate of Indiana University where he earned a BA degree in History with high distinction and a JD from the Indiana University School of Law.
Following receipt of his law degree, Mr. Boatman worked as an attorney with the firm Bose McKinney & Evans in Indianapolis and Fairfield & Woods P.C. in Denver, where he was involved in contract negotiations and litigation. Following his tenure at Fairfield & Woods, Mr. Boatman served as General Counsel for Dutt & Associates, a management, consulting and representation firm. In that position, Mr. Boatman helped to lead the negotiations for over $500 million in guaranteed contracts on behalf of the company’s clients, many of whom are professional athletes.
Mr. Boatman was co-founder of ProNet Capital, which is a boutique private equity firm and also provides investment banking services to middle-market companies and high profile athletes and entertainers.
WB Financial
Board of Director of the WB Financial Group
The WB Financial Group was formed in 2009 to provide professional financial services to a diverse client base. The key services that WB provides are Financial Advisory, Corporate Management, Captive Insurance, and Corporate Finance.
WB Financial Group has a dedicated team of professional staff that are available to assist our business with any financial or corporate need.
WB Financial Management Ltd. is a licensed professional accounting services firm providing a variety of services including accounting services, financial reporting, assurance services, business valuations, and advisory services.
As a partner, they assist us by providing high-level accounting and financial assistance.
Ryan Blain who leads our account is a founding partner and board member of the WB Financial Group. Ryan manages the firm’s Financial Advisory and Corporate Services business areas in the Turks & Caicos Islands, and has over fifteen years of professional accounting and management experience with a focus on financial services, hospitality and development.
Prior to joining WB Financial, Ryan was a Manager in the Audit and Risk Advisory practice of KPMG in the Turks & Caicos, and was a member of the Assurance and Tax practices of KPMG in London, Ontario. Ryan has also held a senior financial position with the development of a 5 star hotel project in the Turks & Caicos.
Ryan has a BBA from Wilfred Laurier University, and is a Chartered Professional Accountant and member of the Institute of Chartered Professional Accountants of Ontario.