Management Team

J. Todd Stone, CCIM of Ray Stone Inc.

J. Todd Stone, CCIM

Todd is a Certified Commercial Investment Member, licensed California Real Estate Broker, and President/CEO of the firm. He is a graduate of the University of California at Berkeley and Past President of: the Northern California CCIM Chapter; the Family Service Agency; River City Food Bank; and the Sacramento Active 20/30 Club. Additionally, he has served on the boards of many business and civic organizations. Mr. Stone heads investor relations and acquisitions, strategic planning, and operations for the firm. He is an owner and managing partner for many of RSI's senior living, multifamily and retail investments in Northern California, and for our retail properties in New Mexico, and Texas. He is an active member with ASHA and ICSC, and has been with RSI since 1984. CA BRE Broker License #00792653

Eric Olsen of Ray Stone Inc.

Serving Since 2009

Eric B. Olsen, CPA

Eric is the Vice President of Finance and Risk Management and has been with Ray Stone Incorporated since 2000. He is a graduate of California State University, Sacramento with a degree in Business Administration/Accounting. He is responsible for designing and implementing all management information systems, as well as establishing and maintaining internal controls over financial reporting to monitor the financial integrity of RSI and its portfolio of assets. He is responsible for the procurement of all insurance and risk management issues.

Natalie Hinkel of Ray Stone Inc.

Natalie Hinkel

Natalie is Vice President of Commercial Services. In her role, Natalie leads her team in property management, leasing and sales of commercial investment properties. She started her career in commercial real estate in 1996. She has been responsible for over 2.4 million square feet of retail, office and industrial assets and has facilitated over 650 real estate transactions totaling over $87M. Natalie's focus is on enhancing asset values, creating win/win situations and encouraging a positive and engaged team. She received her BA in Communications from CSU Sacramento and is a member of ACRE, ICSC and CREW. CA BRE Broker License #01346275

Aubrey Jones of Ray Stone Inc.

Serving Since 2012

Aubrey Jones

Aubrey Jones is the Vice President of Residential Services and oversees RSI’s multifamily and senior living portfolios. She started in property management in 1999. She has an extensive background of experience managing a range of portfolios, including market rate, senior housing, student housing and affordable low-income. Aubrey is a licensed Real Estate Agent and joined Ray Stone Inc. in 2017 as our Director of Marketing. She is passionate about employee training, development and management. CA BRE #02028292.

Kelly Ashwell of Ray Stone Inc.

Serving Since 2019

Kelly Ashwell

Kelly is the Director of Senior Living for Ray Stone Incorporated. She has worked in property management since 1983 in the Sacramento area. She has been working for Ray Stone Incorporated since 1991. Kelly is an Accredited Residential Manager® (ARM®), a certified Senior Real Estate Specialist, and licensed Real Estate Agent. She has served as a committee chair for the River City Food Bank since 2003. Kelly’s experience includes assisting with acquisitions, property takeover, lease up of new properties, working with affordable – low income housing, conventional housing, and senior housing (55+, Independent Living, and HUD housing). Kelly’s passion is serving her community and working with our elders. CA BRE #01198053

Crystal Marcus of Ray Stone Inc.

Serving Since 2000

Crystal Marcus

Crystal is the Director of Multifamily for Ray Stone Inc., who oversees multifamily operations including financial management, evaluating asset performance, and employee development and training. She has been active in the multifamily industry since 2004. Her experience includes acquisitions, due diligence, on-boarding new properties, repositioning and stabilizing assets through operational efficiencies and team development. Crystal joined Ray Stone Incorporated in 2015. Crystal is passionate about employee development, building cohesive teams and enhancing property performance. CA BRE #02074674

Michael Stone of Ray Stone Inc.

Serving Since 1975

Michael Stone

Michael is a Partner and Consultant at Ray Stone Incorporated. He began working for the company in 1989 as a Multifamily Regional Manager. Michael spent the last 24 years overseeing the Commercial department, and he now is a Consultant for the firm. CA BRE #01156738

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