Governance

Board of Directors

Adam Desmond began his career at the Chicago Mercantile Exchange and Trident Securities in equity sales.

He moved to Raymond James and Associates where he assisted with the development of the high-yield fixed-income department. Using these experiences, Adam founded ASG Securities in 1998, which focused on small/mid-cap banks and thrift markets.

In 2004, Adam and his team added a research division to ASG and expanded the business from a sales and trading platform into a full-service investment banking firm. With the shift in direction, Adam changed the firm name to FIG Partners LLC. Adam was the Founder and Managing Principal of FIG and under his leadership as co-head of Investment Banking and co-head of Fixed Income, the group raised more than $2.5 billion between 2007 and 2016. In the process, FIG completed 95 bank transactions across the United States. Adam's work in the banking sector brought him into contact with top executives from over 250 banks and thrifts and fostered relationships with the foremost institutional equity managers.

After selling his portion of FIG in 2016, Adam founded Needle Rock Farms with his wife, Julia, where they grow CBD and manage a wellness center. The large-scale production and grow facility satisfy the demand for high-CBD/low-THC strains, clones, oils, and raw botanical material.

In addition, Adam founded Needle Rock Capital as a vehicle to work on several capital raise efforts in different sectors, including the occasional bank deal. Adam focuses on diverse deals that come his way from his extensive contacts.

Currently, Adam serves as a Board Member First State Bank of Colorado and a Board Member Global Healthcare REIT. He and his wife Julia split time between Carbondale, CO and their farm in Crawford, CO. Adam graduated from the University of Wisconsin-Madison with a Bachelor of Arts in International Economics and Political Science.

Licenses: Series 7, 63 and 24

Andy Sink is the Co-Founder and Manager of Own Alabama, LLC (an Alabama based commercial real estate investment fund) and also the Managing Director of the Investment Advisory division and Principal for Colliers International | Alabama. His team provides investment property advisory, investment property brokerage, investment fund structuring and real estate investment management to high-net-worth families and individuals.

His team also provides advisory services to privately held operating companies seeking to enhance enterprise value via various real estate strategies including sale leaseback and private fund structuring. Andy Sink has more than 30 years’ experience in the real estate industry with a broad range of expertise in real estate brokerage and investments.

His experience includes a wide variety of real estate asset types including single and multi-tenant industrial and office, medical, multifamily and single family residential. He has worked on both the buy and sell side of sale leaseback transactions involving companies in a variety of industries including manufacturing and distribution, professional services, medical and senior living. He has also created and managed six different private equity funds and three different private family investment funds.

He has public company experience serving as a member of the board of directors of Global Healthcare REIT (GBCS) from 2015 to 2019. He also served for short time as interim COO for the company in 2016. Prior to his role at Colliers International, Andy was Managing Director and partner in the middle market investment banking firm, Founders Investment Banking, from 2004-2011 where he directed the firm real estate advisory practice. Prior to his time at Founders he was partner in the Birmingham commercial real estate firm Eason Graham & Sandner.

Andy earned a Bachelor of Science degree in Commerce and Business Administration with a major in real estate from The University of Alabama., is a past board of trustees’ member and Secretary of the Eyesight Foundation of Alabama. He is also a board member of Restoration Academy, an inner-city Christian school based in Fairfield Alabama and a member of the Monday Morning Quarterback Club. He is a current board member of the Alabama Policy Institute. He is a former member of the Compass Bank (BBVA) Young Executive Board, the former President and board member for the Birmingham chapter of the Building Owners and Managers Association (BOMA), a former board member and founding member of the Birmingham Entrepreneurs Organization (EO). He attends Redeemer Community Church and is active in marriage ministry. Andy and his wife, Laura, have three children, Emily, Andrew and Mary Carolyn.

Mr. Furstenberg was the Director of Taxes at PulteGroup, Inc., a Fortune 500 publicly traded company, a position he held from 1997 until his retirement in 2016. In that role, Mr. Furstenberg led the federal, state and international tax research and planning functions. Mr. Furstenberg also advised and partnered with executive management and departments throughout the organization on tax matters related to M&A and all strategic initiatives. In addition, Mr. Furstenberg negotiated settlements with the Internal Revenue Service as well as numerous State Departments of Revenue. He also served as a fiduciary on the PulteGroup 401(k) Committee overseeing a 401(k) plan with over $600 million in assets.

Prior to PulteGroup, Inc., Mr. Furstenberg was Assistant Vice President at Handleman Company, a publicly traded company with revenues in excess of $1 billion with responsibilities similar to those at PulteGroup, Inc. Mr. Furstenberg began his career at Price Waterhouse where he advised multinational companies on diverse and complex tax matters.

Mr. Furstenberg is both a certified public accountant and an attorney with extensive knowledge and experience in the areas of tax, accounting, finance, M&A, project management, complex restructuring and compliance.

Mr. Furstenberg is a member of the Michigan Association of CPAs, the State Bar of Michigan, as well as a past member of the Committee on State Taxation and the Tax Executives Institute, where he served as Chair of the IRS Administrative Affairs Committee.

Mr. Furstenberg received his J.D. from Wayne State University Law School and his B.A. in Accounting from Michigan State University.