Onward Investors promotes two Minneapolis team members to vice president

Onward Investors has promoted Barb Jones to vice president and controller, and Scott Schmitt to vice president of acquisitions.  Both have previously served as directors.

Jones oversees all financial accounting and reporting activities of Onward Investors, including accounting operations, portfolio reporting, compliance, payment processing and servicing system administration, as well as IT and HR operations.  She works closely with the company’s business units to ensure up-to-date and accurate financial records are maintained for both the company and its subsidiaries.

Jones has more than 25 years of banking and financial service experience, including 18 years in commercial real estate loan servicing.  Prior to joining Onward in 2013, she was director of operations for Presidium Asset Solutions, where she managed a portfolio of assets in excess of $30 million.  She also held positions with BankFirst, Excel Bank and Riverside Bank.

For more than 25 years, Schmitt has been involved in all aspects of commercial real estate development, including market analysis, leasing, acquisitions, financing, site planning, municipal approvals, design and construction.  At Onward Investors, Schmitt identifies commercial real estate opportunities in target markets, and plays a lead role in their asset acquisition and development.

Prior to joining Onward in 2011, Schmitt served as vice president of real estate development for Shingobee Builders in Minneapolis.  He began his real estate career with the commercial real estate division of Kraus Anderson Construction and was a principal at Clearwater Development Group.