Meet the Team
Shannon Morgan- Managing Partner
A housing expert and experienced leader, Shannon has a diverse real estate background specializing in residential real estate, rehabilitation, land acquisition, and development.
- 2021 Michigan State Housing Development Authority - Advisory Committee to the Statewide Housing Plan
- 2019 Lifetime Achievement Award for Brownfield Redevelopment - Center for Land Recycling and the USEPA
- Crain’s Detroit “2018 Notable Women in Real Estate”
- 2018 Affordable Housing Developer of the Year - LOCUS/Smart Growth America
- Owner of multiple Low Income Housing Tax Credit (LIHTC) projects
- Over 20,000 housing units completed
- Steering Committee- LOCUS/SmartGrowth America
- Member of the Michigan Economic Development Corporation (MEDC) Redevelopment Ready Communities (RRC) Advisory Committee
- Member of the ULI Michigan Advisory Board
- Member of the ULI Michigan Local Housing Product Council
- Michigan Sense of Place Council Member
- National Brownfield Steering Committee Member
Jill Ferrari - Managing Partner
A passionate advocate for women in commercial real estate, Jill's background includes private real estate acquisition and development, community development, legal practice and consulting.
- 2023 Woman of the Year - Detroit Women's Leadership Network
- 2023 Pioneer Award nominee - DBusiness CRE Awards
- 2022 Crain's Detroit - Notable Executives in Real Estate
- 2021 Woman of Influence - GlobeSt Real Estate Magazine
- 2017 Woman of Distinction - Council on the Status of Woman
- 2016 - Melvin Simon Award Winner - International Council for Shopping Centers (ICSC)
- Former Director of Community Development for Wayne County, MI
- Former Vice President of Real Estate Acquisitions for Real Estate Interests Group, Inc.
- Financed over two hundred million in community development projects
- Former CEO of affordable housing development company
- Chair for Mission Advancement - Urban Land Institute (ULI) Michigan District Council
- Founder of ULI Michigan’s Women’s Leadership Initiative
- Member of the ULI Michigan Small Scale Development Local Product Council
- Founder and Board Member - Women's Sustainable Development Initiative
- Member - National Women’s Development Collaborative
- Licensed attorney
Jenifer Acosta - Vice President of Real Estate Development
A solutions-minded community developer, Jenifer is known for redeveloping
historic buildings and extensive work driving property and downtown revitalization.
Since 2016,
she has driven over $26+ million in real estate development projects in the Great Lakes
Bay Region, and catalyzed countless more as a result.
- 2022 Governor's Award for Historic Preservation for The Legacy/Crapo Redevelopment
- Authored "Housing IS Economic Development" Guidebook for the Michigan Economic Development Association
- Michigan Historic Preservation Network Building Award 2020
- Michigan Historic Preservation Network Economic Development Award 2018 The Times Lofts
- Ruby Award Winner 2017
- Midland Center for the Arts, Board Secretary
- Michigan Municipal League Foundation, Board Member
- Saginaw Valley State University Foundation, Board Member
- ULI Michigan Local Product Council Housing & Community Development,
- Congress for New Urbanism, CNU-A
- Incremental Development Alliance, Faculty
- Midland Housing Task Force, Member and Past Co-Chair
- Michigan Real Estate License
Lori Drumm - Chief Financial Officer
Lori is an experienced financial leader with over 20 years of experience in the industry, with expertise in managing corporate financial activities across multiple entities. Lori is responsible for all aspects of accounting and human resources, including but not limited to: AP, AR, payroll, benefits coordination, sales tax, cash management, contracts administration, inventory management, budgeting and financial statement preparation and analysis.
Amy Wess - VP of Operations
A proven leader with more than 25 years experience in accounting, Amy has extensive experience in the operations of land development and residential construction, including federal funding and tax credit financing.
- Over the last 13 years, Amy has worked with numerous municipalities on the Neighborhood Stabilization Program (NSP)
- She has managed budgets, construction process , draw requests and reimbursements for 87 homes throughout Michigan and Toledo
- Amy worked with consultants on a $16M LIHTC project in Marquette, Michigan providing 56 Units of multifamily housing
- She worked with consultants on a $13M LIHTC project in Fremont, Michigan providing 32 senior rental apartments and 6 market rate senior apartments
- Amy worked on multiple developments and projects totaling over 300 single family homes
Our Work
Urban Neighborhoods
Renovare focuses on the development of various product types in urban communities that provide mixed-income housing and community-centric commercial spaces. Our main goal is to provide workforce housing to the families that drive Michigan's economy and commercial amenities that meet the needs of working families.
Rural Main Streets
Renovare works with small rural towns to identify and address key economic issues such as attainable housing and affordable retail and commercial space. We work closely with local government to create strategic partnerships designed to deliver projects that meet those needs, and provide third-place spaces and public amenities that promote a sense of community.