Meet Our Team Ray Stone Inc.

Management Team

Management team for Ray Stone Inc.
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

Candice Burney, Ph.D. of Ray Stone Inc.

Serving Since 2009

Candice Burney, Ph.D. 

Candice is the Chief Operating Officer and joined the Ray Stone Inc. team in February of 2023. For over two decades Candice has held a variety of leadership positions in the property management industry from smaller multifamily companies to tech-enabled and publicly traded organizations. Her well-rounded experience in leasing, selling residential real estate, managing multiple multifamily communities, and knowledge of standard operating procedures, provides her with a solid understanding of the Ray Stone Inc. portfolio. In 2019, Candice earned her Ph.D. in Industrial-Organizational Psychology, focusing on applying research to increasing workplace productivity, employee selection, work-life balance, emotional intelligence, and helping with organizational growth. Besides her experience and accomplishments, Candice is known for her energetic and caring approach to leadership, making her an excellent match for Ray Stone Inc.’s mission, culture, and collaborative approach to management. CA DRE #01359297

Keith Johnson of Ray Stone Inc.

Keith Johnson, CPA

Keith joined the team in February as Vice President of Finance and Risk Management. longtime resident of the Sacramento region, Keith most recently served as Controller of USA Properties Fund, Inc.. In that role he supported the development and implementation of the company’s strategic direction, as well as managed all aspects of the company’s accounting department. He also arranged for financing, supervised risk management and compliance, and oversaw internal control systems to meet the company’s requirements, as well as those of government agencies associated with affordable housing. Prior to USA Properties, Keith worked as a Development Coordinator for Panattoni Development Company and Audit Manager for a CPA firm.
Community involvement has long been one of Keith’s priorities, which aligns well with RSI’s culture. In support of Carmichael’s HART program (Homeless Assistance Resource Team), he spearheaded the renovation of two single-family homes to serve as transitional housing for women experiencing homelessness. A graduate of University of San Francisco, Keith maintains certification as a Certified Public Accountant and California Real Estate Broker. Keith’s broad experience in financial management of commercial and multi-family investment real estate, combined with his investor relations and strategic skills, make him a great addition to the RSI team.

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 800 real estate transactions totaling over $100M. 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

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