Our Team

Lawrence A. Mazzotta – Chief Executive Officer


Mr. Mazzotta is CEO and Chairman of Cornerstone Associates, LLC and is responsible for the general management of the company.  Formerly, Mr. Mazzotta was Senior Associate Director at University of Nebraska Hospitals and Clinics.  Mr. Mazzotta has administered the design, development and project management of approximately $470 Million of both new and restorative construction, including residential, commercial and clinical construction.

Mr. Mazzotta has served as a consultant to non-profit charitable organizations involved with the development of tax credit supported projects.  He is also a past Chairman and Director of the Eye Bank of Nebraska and has served as a Division Chairman for the United Way of the Midlands campaign.  In addition, he has served on the Boards of a variety of state, local and national organizations.  Mr. Mazzotta was a Richard King Mellon Fellow at Syracuse University and was named as an Outstanding Young Man in America.

Mr. Mazzotta has received both a Bachelor of Science in Economics and Urban Planning and a Masters Degree in Public Management from the Maxwell School of Syracuse University.  He has completed all but his dissertation for a Doctorate in Management and Public Policy at the University of Nebraska.

David K. Karnes – Partner/Board Member

Mr. Karnes is a Partner and Board Member of Cornerstone Associates, LLC and it’s related companies.  Mr. Karnes is a former United States Senator representing Nebraska and currently practices law with the Kutak Rock Law Firm in Omaha and Washington D.C.  He specializes in government relations, corporate law, real estate, and financial institutions.  Mr. Karnes was named an Outstanding Young man in America and serves on the Boards of, or acts as an advisor to, numerous private and publicly traded U.S. companies.

Mr. Karnes was a Director of the Tenth District Federal Home Loan Bank (Topeka) and was instrumental in organizing and leading the Bank’s highly successful Affordable Housing Advisory Committee.  In 1981 Mr. Karnes served as a White House Fellow and he currently serves on the Board of Directors of numerous charitable organizations.  Mr. Karnes served as Executive Assistant to the Deputy Secretary of HUD in Washington and later while in the Senate served on the Housing Subcommittee of the Senate Banking Committee.

Mr. Karnes received a Bachelor of Science with distinction and a Juris Doctorate from the University of Nebraska in Lincoln.

Bobbi Lucas – President and Chief Operating Officer


Ms. Lucas is a Partner and serves as President and Chief Operating Officer for Cornerstone Associates, LLC and its related companies.  Ms. Lucas joined the company in 2001 and is responsible for company operations as well as representing the Company’s investment and development interests to the various state finance agencies with which it does business.  In addition, she is responsible for coordinating all public relations functions for and on behalf of the company.

Ms. Lucas’ professional background includes extensive experience in banking and in personal financial management and planning.  She holds both a Series 7 and 63 license from the National Association of Securities Dealers.

James D. Hughes – Vice President


Mr. Hughes is Vice President for Market Development for Cornerstone Associates, LLC.  In this capacity, Mr. Hughes is responsible for the company’s market rate development initiatives.  In addition, Mr. Hughes is the lead financial analyst for the company’s acquisition and new property development sectors.

Mr. Hughes has several years experience as a Structural Design and Project Engineer, and is the holder of a Professional Civil Engineer’s license.  Mr. Hughes received a Bachelor of Science in Civil Engineering from the University of New Hampshire and a Master of Science in Real Estate Development from the Massachusetts Institute of Technology.

Kristy Menking – Director of Governmental Affairs and Marketing


Ms. Menking joined Cornerstone Associates in 2012.  As Director of Governmental Affairs, Ms. Menking both company-wide and project-specific marketing and research.  Ms. Menking is also responsible for assisting in the development of marketing strategies for the Company’s portfolio of properties.  In addition, she assists the President in the day to day operations of the Company.

Ms. Menking brings several years of experience in human resources, public relations, marketing and advertising in the financial services industry.

Brett Brockmann – Accountant


Mr. Brockmann is Director of Accounting Services for Cornerstone Associates, LLC and its affiliated companies.

Mr. Brockmann has several years of experience in Real Estate related accounting and finance.  He holds a Bachelor of Science degree in Accounting from the University of Nebraska in Lincoln.

Shawn Coonen – Director of Asset Management


Mr. Coonen is the Director of Asset Management for Cornerstone Associates and its related companies.  In addition, Mr. Coonen is the President of Beacon Management, a property management firm and an affiliate company of Cornerstone Associates.  Mr. Coonen is a recent past member of the Board of Directors of the Institute of Real Estate Management (IREM).

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