Get to Know Us Better

MBK Leadership Team

President/Chairman -
MBK Real Estate

Kenji Iwai

Executive Vice President -
MBK Real Estate

Hiroshi Sugita

Ed Stokx

Executive Vice President CFO/CAO -
MBK Real Estate

Ed Stokx

President -
MBK Rental Living

Ken McCarren

Interim President -
MBK Senior Living

Steven Vick

Anita Hsu

Senior Vice President General Counsel & Chief Legal Officer -
MBK Real Estate

Anita Hsu

Senior Vice President Information Technology -
MBK Real Estate

Albert Perez

Senior Vice President Human Resources -
MBK Real Estate

Karla Wiseman

Senior Vice President -
MBK Industrial

Vijay Pandurangadu

Senior Vice President Acquisitions-
MBK Rental Living

Ed Davis

Senor Vice President Construction Management -
MBK Rental Living

David Kurian

Michael Bardelmeier

Senior Vice President Operations -
MBK Senior Living

Michael Bardelmeier

Kenji Iwai President/Chairman - MBK Real Estate

Kenji Iwai is President and Chairman of the Board of MBK Real Estate LLC (MRE). As President and Chairman, he is responsible for the overall management of the Company. He oversees the development and execution of the Company’s fiscal strategies, evaluates the organization’s fiscal function and performance as well as directs MRE’s subsidiaries to fulfill the strategic goals of the organization.

Mr. Iwai has held various leadership positions within Mitsui & Co. Ltd., most recently as Deputy General Manager, Human Resources & General Affairs Division and Corporate Planning Division. Mr. Iwai previously served as General Manager of the US Real Estate Business, Strategic Planning and Investment Management Department. 

 ”Kenji’s extensive experience in the real estate industry, focus on strategic planning, combined with his past experience with MBK Real Estate, make him the ideal leader to guide the company into the future,” Mr. Yamanaka said. “His dedication to innovation, quality, and customer service will undoubtedly help us to expand our reach and continue to provide exceptional value in real estate solutions to our clients.” 

After earning a degree in Engineering from the University of Tokyo, Mr. Iwai joined Mitsui in 1997 in the company’s Residential Business Division in Tokyo. He has worked in various capacities in Asia, Europe, and the US.  

Hiroshi Sugita Executive Vice President - MBK Real Estate

Hiroshi Sugita brings more than 20 years of experience in investment and business development to his position as Executive Vice President of MBK Real Estate, overseeing the company’s overall management. In addition, Hiroshi has also been initiating the launch of a private fund strategy aiming at utilizing MBK’s platform and Mitsui’s global network.

Hiroshi has worked for Mitsui & Co., Ltd since 1998. Before joining MBK, he has led multiple investments and real estate projects at Mitsui & Co., including M&A of Mitsui’s subsidiaries in property management and development projects and industrial REIT in Singapore.

Hiroshi earned a bachelor’s degree in Economics from Waseda University, Japan, and a Master of Business Administration from Kellogg School of Management at Northwestern University.

Ed Stokx Executive Vice President, Chief Financial Officier and Chief Administrative Officer - MBK Real Estate

Ed Stokx is Executive Vice President, Chief Cinancial & Administrative Cfficer of MBK Real Estate and its affiliated companies. In this role, Mr. Stokx leads the company’s capital raising efforts, including debt and third-party equity. In addition, Stokx oversees the company’s finance and accounting functions as well its IT and HR resources, which support the MBK’s 2,200 employees.

Prior to joining MBK in 2017, Mr. Stokx served 14 years as Executive Vice President, Chief Financial officer of PS Business Parks, a publicly traded real estate investment trust focused on office and industrial assets across the United States. In his capacity at PS Business Parks, Mr. Stokx led the company’s debt and equity raising efforts as well as its investor relations efforts. While at PS Business Parks, Mr. Stokx led the efforts to form the company’s multi-family joint venture which focused on replacing obsolete office properties with state-of-the-art apartment communities.

Prior to joining PS Business Parks, Mr. Stokx served as Chief Financial Officer of Center Trust, Inc., a publicly traded real estate investment trust focused on developing and managing community retail centers. He was instrumental in the company’s 2003 merger with another public REIT. Mr. Stokx joined Center Trust in October 1997 after having assisted taking the company public while working for Deloitte.

Mr. Stokx is a graduate of Loyola Marymount University and is a certified public accountant.

Ken McCarren President - MBK Homes/MBK Rental Living

Ken McCarren is the President of MBK Rental Living. In his role, he is responsible for the Operations and Asset Management of all operating and planned MBK multi-family communities. Mr. McCarren has over 30 years of experience in Asset Management. Prior to recently joining MBK Rental Living he was responsible for the multi-family portfolio located in six western States owned by Merage Investment Group. Previously in his career, he spent 15 years as SVP of Asset Management responsible for the entire Irvine Company Apartment portfolio of over 44,000 apartment homes located throughout California. Mr. McCarren spent four years as the SVP Asset Management at BRE, a large public REIT owning over 22,000 units located throughout six Western States where he was responsible for the entire portfolio. Mr. McCarren also spent four years as a Special Agent of the Federal Bureau of Investigation. Mr. McCarren holds a Bachelor’s Degree in Business from California State University at Long Beach. He is a Certified Public Accountant and holds the designation of Certified Property Manager from the Institute of Real Estate Management.

Steven Vick Interim President - MBK Senior Living

Steven is a recognized leader and innovator in the long-term care industry. As CEO and co-founder of Signature Senior Living, he and his partners owned, developed, and managed 19 assisted living and memory care residences over 18 years. In 2018, Steven co-founded Pegasus Senior Living with Welltower to manage and turn around 38 properties in 12 states before retiring in 2021. 

In 2007, he developed a proprietary software solution for the senior living industry, later selling it to Matrixcare in 2015. Steven also invested in Serene Senior Living Pvt. Limited in India, contributing to the development of nearly 1,000 villas and townhouses.  Serene sold its management services company to Columbia Pacific Asia in 2017. 

From 2002 to 2005, Steven was President and CEO of Assisted Living Concepts, leading a successful post-bankruptcy transformation that culminated in the company’s sale at a significant premium. Earlier, he co-founded Sterling House Corporation, which merged with Alterra Healthcare Corporation in 1997. Steven served as Alterra’s COO and later as President in 2002. 

He holds a bachelor’s degree in business administration from Wichita State University and practiced as a CPA specializing in health care consulting. Steven has also served on the board of the American Senior Housing Association (ASHA) and was a past Chairman of Argentum.

Anita Hsu Senior Vice President and General Counsel

Anita Hsu is Senior Vice President, General Counsel of MBK Real Estate Companies. She currently oversees all related legal matters for MBK Real Estate and its subsidiaries, MBK Senior Living, MBK Rental Living, MBK Homes and MBK Industrial Properties.

Before joining MBK, she was a partner at Manatt, Phelps & Phillips, LLP, specializing in real estate transactions, including complex acquisitions and dispositions, financing, leasing and other matters related to the ownership and development of commercial, industrial, residential and retail properties. She also served (on secondment) as in-house legal counsel for an alternative energy company.

Anita received her law degree from the University of California, Berkeley School of Law, and she was a recipient of the Paul and Daisy Soros Fellowship for New Americans. She graduated summa cum laude with a Bachelor of Arts in Psychology from the University of California, Berkeley.

Albert Perez Senior Vice President Information Technology

Albert Perez serves as the Senior Vice President of Information & Technology for MBK Real Estate and its affiliated companies. In this role, Mr. Perez is responsible for the technology direction, design, security, ERP overnight, business intelligence and development & sustainability for the organizations business solutions.

Before joining MBK, he had a career in public accounting specializing in business risk and technology advisory, consulting, and operational restructuring. His expertise is in the areas of business advisory for IT optimization, business transformation and manufacturing. In the dotcom era Mr. Perez owned a successful independent advisory firm specializing in ERP implementations, supply chain optimization and business restructuring activities.

Albert earned his BS from The University of La Verne and attended executive education courses at Stanford in the field of technology innovation.

Karla Wiseman Senior Vice President People & Culture - MBK Real Estate

Karla Wiseman is Senior Vice President, People and Culture of MBK Real Estate Companies.  In this role, she is responsible for all people matters for MBK Real Estate and its subsidiaries, MBK Senior Living, MBK Rental Living and MBK Industrial Properties. 

Before joining MBK in 2024, Karla served in various HR leadership positions with First American Financial.  In this role, she was responsible for aligning talent needs to support and drive business strategies, including workforce management, succession planning, compensation planning, employee recognition and rewards, and performance management.  Other past roles include Assistant Dean and Executive Director for Executive Education at the University of Southern California and Andersen, where she consulted on the operations, people, and process needs of large corporations.

Karla holds a BA in Psychology from the University of Nebraska-Lincoln and an MBA from the University of Southern California.

Vijay Pandurangadu Senior Vice President - MBK Industrial

Vijay Pandurangadu has been with MBK Industrial since 2017 and joined shortly after the division was founded. Vijay has overarching responsibilities including business strategy, acquisitions, development, joint ventures and asset management. Prior to joining MBK Industrial, Vijay held acquisition and development related roles at Goodman Group, DEXUS Property Group, and the Irvine Company – Office Properties. Over his career Vijay has closed over $2.5 billion in office and industrial real estate and engaged in 6m square feet of industrial development. Vijay is active in NAIOP and previously served on the Board for NAIOP Inland Empire. Vijay earned his MBA from University of California, Irvine and Bachelors in Science from Ball State University.

Ed Davis Senior Vice President Acquisitions - MBK Rental Living

Ed Davis is the Senior Vice President of Acquisitions for MBK Rental Living. In his role, Ed is responsible for the facilitation of all real estate transactions including acquisitions, dispositions, co-investment equity placement, and assisting in the facilitation of construction financing. Ed develops, expands, and sustains diverse relationships with banking and investment communities, as well as financial partners, property owners, brokers, and developers. Prior to joining MBK in 2014, Ed had 15 years of residential acquisition, entitlement, finance, construction, and project management experience that has assisted in the acquisition of over 4,000 units with over $1.5 billion in total project costs during his time with MBK.

David Kurian Senior Vice President Construction Management - MBK Rental Living

David Kurian is a veteran construction executive with over 30 years of experience, including 15 years in senior leadership roles. He has a proven track record of success in delivering high-quality multifamily projects on time and within budget. A team player and strong leader, Mr. Kurian is passionate about building high-performance teams and creating a positive work environment. He leads all construction operations for MBK Rental Living, where he has overseen the construction of over 10,000 single-family homes and 4,000 multi-family units, including a variety of product types, such as podium, garden-style, and mixed-use.

Michael Bardelmeier Senior Vice President Senior Living Operations

Michael grew up in Northern California where he developed an adventurous spirit and a love for the outdoors. He began racing stock cars at the young age of fifteen and later jumped out of a perfectly good airplane twice before setting out to hike the Grand Canyon from one rim to the other in a single day.


Michael started his career leasing and managing apartment communities in San Jose, CA and has lived and worked in many cities throughout the country including Phoenix, Kansas City, Seattle, Chicago, and Dallas. In 2009, he discovered senior living and was inspired by the incredible lives and experiences of the many residents, and the selfless dedication of caring team members. In the last ten years, he has directed as many as 68 communities as Vice President of Operations for two large national senior living providers.


Today, Michael lives in Huntington Beach, CA with Julie, his wife of 20 years and their two cats, Peyton & Hobie. They enjoy traveling and exploring new places and spending as much time as possible with Miichaels 90 year old grandmother,
who still lives on her own and has been one of the most influential people in his life.

Skip to content