History & Overview

Stephen B. Ashley

Stephen B. Ashley is Chairman, Chief Executive Officer and founder of The Ashley Companies. He instills the vision and strategic direction of the Company and oversees its executive officers. Mr. Ashley has more than 45 years experience in the real estate industry and the real estate financing industries. He served as President of the Mortgage Bankers Association of America (MBAA), and Director and Chairman of the Board of Fannie Mae (FNMA). He is currently a Director of Manning & Napier Advisors, Inc., a group of mutual funds, and served as past Chair and current Trustee of The George Eastman House - International Museum of Photography. Mr. Ashley is a Trustee of Cornell University, receiving BS and MBA degrees. He is also a member of the Cornell Real Estate Council.



Mark D. Stevens

Mark D. Stevens is President and Chief Operating Officer of the Company. Mr. Stevens oversees acquisitions, repositioning efforts and development projects. Mr. Stevens has been with the company since 1973 when he took a summer position as a laborer at one of the communities while studying accounting at the University of Buffalo. Stevens continued with the Company and eventually served as an Asset Manager and Site Level Manager from 1977-82. From 1982-92 Stevens served as a Regional Vice President. In 1992, Stevens became President and has served in that capacity to the present. In his free time Stevens, an avid triathlete, trains for triathlon competitions. He recently qualified for and then competed in the Ironman World Championship 70.3 held at Lake Las Vegas in Henderson Nevada.



Raymond H. Drake

Raymond H. Drake is Executive Vice President and Chief Financial Officer of The Ashley Companies. He oversees the financial, human resources, risk management and legal functions of the company. Mr. Drake studied business at Trenton State College, now known as The College of New Jersey. His banking background included consumer lending and mortgage banking operations. He has led the mortgage servicing divisions of several banking institutions, including HSBC Mortgage Corporation where he was Senior Vice President prior to joining The Ashley Companies in 1998.



Joan F. Viele

Joan Viele serves as a Vice President over the firm's fee-based operations. Ms. Viele has been with the company for over 20 years starting in the accounting department and moving to the position of Controller before transitioning into property management and operations where she has been for the last 12 years.



Jonathan M. Ashley

Jonathan M. Ashley serves as a Vice President - Technology. Mr. Ashley oversees the strategic implementation of technology to streamline portfolio operations. In addition, Mr. Ashley ensures that the Ashley Companies has the best technology, and attends to the training and knowledge update of the firm's technical community. Mr. Ashley earned his BS in Economics from Norwich University and a MS in Economics from the University of Vermont. Mr. Ashley is active in the community as a Boy Scouts of America leader and a soccer coach.



Maria B. Maynard

Maria B. Maynard is Vice President and coordinates the Corporation's management of diverse real estate assets owned by Cornell University from our branch location in Ithaca, NY. Since joining the Ashley team in 2001, Maria has pursued professional licenses and accreditation to support her management activities. Known as a creative and exceptional "people person", Maria lends her considerable property management and leadership talents to a broad range of activities associated with office, retail, laboratory, hotel, student housing and residential living spaces.