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Your Success Is Our Success

We’re not just in the business of making money, we’re in the business of people. While our model has evolved over the years, since our inception in 2007 we’ve strived to commit ourselves to socially impactful investing at every stage of our organization.

Through our presence as a thought leader in the note and mortgage industry, we provide educational resources through our work on BiggerPockets and other media outlets, as well as at alternative investment events nationwide.

With consistency, transparency, and accessibility, we help investors achieve a passive preferred return, enabling them to tap into an asset class normally reserved for Wall Street.

Our current business model fosters community stabilization by working with homeowners in need and by helping revitalize blighted and vacant residential properties, in turn stimulating local economies across the U.S.

We also believe that a community’s foundation starts from within, which is why we have shared core values at our organization. Today, our team is dedicated to helping investors, homeowners, and local communities prosper.

Your Team

Dedicated. Experienced. Committed to your success. The PPR team works every day to bring value to you, our investors.

Our Values

Values define us, how we work, and what we strive for. These are ours.


Excel Beyond


Ask “How Can I?”


Lead Creatively


Grow Together


Care, It Counts


Have Spirited Fun

Our Management Team

Dave Van Horn

President & CEO

David Van Horn serves as President and CEO of the Company. His chief responsibilities include the oversight of the Company’s strategic planning, business development, and fundraising functions. Mr. Van Horn’s expertise is derived from over 30 years of residential and commercial real estate experience as a licensed Pennsylvania realtor, investor, title company partner, and commercial fundraiser. Mr. Van Horn is a graduate of West Chester University, holding a Bachelor’s of Science degree in Business Management. In addition to his role as President and CEO, Dave’s biggest passion is teaching others how to build and preserve wealth. Dave is a co-founder and board member of Strategic Investor Alliance, a purposeful planning and networking group for accredited investors in the Philadelphia area. Dave is also a national speaker, author, and investment blogger on

Bob Paulus

Commercial Loan Manager

Robert Paulus serves as Commercial Loan Manager for the Company. In this role, Mr. Paulus oversees the Company’s loss mitigation functions, which are instrumental in creating asset resolutions. This includes directly managing a team of collections specialists as well as working directly with a nationwide legal network to appropriately execute foreclosure processes compliantly according to state regulatory requirements. Mr. Paulus also directs and approves all loan modifications to rehabilitate loan performance, and is responsible for the training and development of other collection team members. Robert Paulus’ experience is derived from over two decades of experience owning and operating five successful franchises along with other real estate holdings. Mr. Paulus graduated from Penn State University in 1990 with a Bachelors of Science degree in Economics.

John Sweeney

Chief Operations Officer

John Sweeney serves as Co-Founder and Chief Operating Officer (COO) of the company. He supports the CEO to bring the strategy, mission, and vision of the organization to life, ensuring that all leaders and departments are aligned with the CEO’s vision. He has overall responsibility for enterprise-wide operations, focusing on improving operational efficiency, cost optimization, as well as acting as a champion of the PPR culture driving engagement for all team members. John provides leadership, strategic vision, and problem-solving to the organization. Mr. Sweeney’s extensive knowledge of the mortgage banking industry includes origination, underwriting, and loan closings from his experience as a Mortgage Loan Originator. He is currently a licensed loan originator NMLS ID 1367381. Mr. Sweeney holds a Bachelor of Arts degree in Economics from Ursinus College.


Spencer Staples

Chief Investment Officer & Head of Economic Analysis

Spencer Staples joined the organization in 2014 and serves as the Senior Portfolio Advisor for PPR Note Co. In this role, Mr. Staples is responsible for leading the portfolio management efforts of the company. He began his career after college as an Analyst with Bear Sterns. Mr. Staples experience includes extensive international exposure with a 22 year career abroad in the United Kingdom. While in London Mr. Staples co-founded and led his first fund, Allegro Capital Ltd. Mr. Staples’ experiences include an 8 year tenure with Tokyo based Mizuho Bank as Senior Analyst for the European portfolio. In addition to his role at PPR, Mr. Staples is the Owner and Research Director for US based EconAlpha, an economic forecasting firm he founded in 2008. Mr. Staples graduated from Colby College with a Bachelor of Arts. He received his MBA from Brunel University in London.

Chelsea Deluca, CAPM

Director of Operations

Chelsea Deluca, CAPM has been with PPR since 2012 and is the Director of Operations. In this role she works closely with the senior leadership team and external partners to drive the strategic project agenda for the organization. Presently, Ms. Deluca is leading the implementation of key initiatives in asset servicing, joint ventures, investor relations and finance. Ms. Deluca manages the ongoing vendor relationships with our servicing providers and was instrumental in the successful IT implementation of our system of record. Ms. Deluca drives and administers the corporate quarterly planning and goal setting processes for all departments within the organization. Ms. Deluca received her project management certification through the CAPM program at Villanova University. She holds her Associate’s Degree from Delaware County Community College and is presently completing work on her Bachelor degree at West Chester University.

Chris Van Horn

Director Of Marketing

Starting work with PPR in 2010 while an undergrad at Immaculata University, Chris Van Horn has been with the organization for close to 10 years. With a Bachelor of Arts degree in English, and brief sojourns in both Los Angeles and New York for writing and production, Chris brings a unique eye to the marketing department at PPR. As the Director of Marketing, Chris has been instrumental with the development of the company’s online presence on both BiggerPockets and social media, he has aided in the writing and editing of PPR founder Dave Van Horn’s book “Real Estate Note Investing”, and he has played a pivotal role organizing the annual PPR sponsored event, the MidAtlantic Summit. Chris currently resides in both Philadelphia and New York City.

Jeff Milman

Chief Financial Officer

Jeff has nearly twenty years of experience in the real estate finance space in Philadelphia including four as the Chief Financial Officer for Philadelphia-based Development Companies Wurzak Hotel Group and Streamline Philadelphia where he oversaw all Accounting and Finance functions of both the real estate and operating company platforms.
Prior to serving as CFO, Jeff spent ten years as the Director of Finance for Parkway Corporation, one of Philadelphia’s leading real estate companies. During his career, Jeff has sourced and maintained over a billion dollars in senior debt, mezzanine, and government-subsidized financing covering over $1 billion in assets. Jeff received his BA from the University of Georgia and later earned his MBA in International Business from the University of South Carolina. Jeff is also a Fellow of Leadership Philadelphia.

Amy Stavin

Director of REO Management

Amy Stavin serves as Director of REO Management at PPR. Since 2019 she has provided subject matter expertise in the acquisition, management, and disposition of thousands of assets across all 50 states. Her main roles include decision-ing asset exist strategies, determining bid pricing, and providing valuation for underwriting. Previously, for over 6 years, Amy served as a Senior Asset Manager at Spurs Capital, Inc. where she managed REO assets and NPLS, as well as recruited and managed a team of field agents throughout the state of New Jersey. She has also been a Licensed Real Estate Agent since 2013. Amy graduated from Connecticut College in 1990 with a Bachelor of Arts. She is a mother of 3 daughters and is an avid outdoor sports enthusiast and former competitive skier.

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