Our Executive Team

Mark Holmes

President & Designated Broker

Mark was born in Kansas and raised on a farm in Iowa.  Even as a young boy, Mark loved business, spending summers mowing lawns and winters shoveling snow and was attracted to sales, selling all kinds of products from Amway to Encyclopedias.  Mark graduated from the University of Iowa with a degree in Finance and Accounting and moved to Seattle in 1985. There he started his business life with a company that put together limited partnerships to buy apartment buildings before taking a job with Yates Wood & MacDonald and rising to the level of Senior Vice President.  In 1990 Mark left Yates Wood to start his own company, Kappes Miller Management, which he still oversees today.  That company has grown into a family of companies that includes three condominium management companies, a commercial and residential property management company, a commercial sales and leasing company, an insurance brokerage, a collection agency, a project management company, two construction companies, an association funding company, a residential sales and leasing company, a lumber & hardware store, and a heavy equipment rental company. The KM Family of Companies has enjoyed consistent and methodical growth over the past three decades and prides itself on low turnover of staff in an industry where that is uncommon.  In 2016 Mark acquired Yates, Wood & MacDonald, Inc., the company that he ran before leaving to start his own company. Mark is married to his wife Jennifer (27 years) and together they worship their four children, Max, Sam, Beau and Grace.  They have two golden retrievers, Moose & Oliver.

Walter Berninger

Chief Executive Officer

Walter Berninger came to Kappes Miller Management in 1998 after working with a family owned company, Berninger Construction. After graduating from Washington State University with a degree in Business Administration and English, Walter began working with the family construction company learning all aspects of construction development and management. ln 1998 Walter joined Kappes Miller Management as a Community Association Manager. Walter was promoted to the General Manager of the Seattle office of Kappes Miller Management, and later to the Chief Operating Officer for the KM Family of Companies, with offices in Seattle, Bellevue and Portland. ln 2002, Walter helped with the startup of a new division for the KM Family of Companies. He now heads that division. Since the inception of this division, which was solely created to help Condominium Associations mediate construction defect issues with developers, KMCDS has successfully recovered over 30 million dollars for Associations in Washington and in Oregon. Starting 3 years ago Walter became the CEO of Yates, Wood & MacDonald and has been overseeing all aspects of the day-to-day operations including the Brokerage, Condominium Management, Maintenance and Commercial divisions.  In Walter’s free time he enjoys spend time with his family and traveling to Europe and Mexico.

Jamie Emerson

General Manager

Jamie has spent her entire life in the beautiful Pacific Northwest, having grown up in Bellingham prior to moving south to attend Seattle University.  After graduating in 2004 with a B.A. in International Studies, she joined the Yates Wood team for a brief stint as the administrative coordinator before quickly moving over to the accounting department.  During her tenure at with Yates Wood Jamie has had extensive experience in all facets of property management accounting and has taken leadership roles in significant projects and transitions including banking changes and the implementation of a new modern software system. At the start of 2019 Jamie was promoted to General Manager and she works with the rest of the executive team to oversee the day-to-day operations of this diverse and growing business. Jamie loves to travel, attend the theater, and is a diehard Mariner fan who loves to spend those rare sunny Seattle days at the ballpark.

Kelly Szeto

Chief Financial Officer

Kelly joined Yates, Wood & MacDonald in 2016 and currently serves as the company’s Chief Financial Officer. Kelly is a graduate of the University of Washington Foster School of Business with a B.A. in Finance. Kelly started her career with CNA Insurance working in the field of property and casualty underwriting and risk control. Since joining the KM Family of Companies in 2010, Kelly has gained expertise in budgeting, risk management, strategic planning, business strategy, and forecasting in commercial and residential real estate. Kelly oversees all aspects of the Company’s full cycle accounting process, financial reporting and department operations of the KM Family of Companies’ growing assets. Kelly serves as key resource to internal and external stakeholders by communicating financial reports and analysis and enhancing Yates Wood’s processes, policies and procedures. Kelly enjoys traveling and spending time with her family.

Administrative & Accounting

Amy Boldenow

Accounts Payable

Amy is a native Oregonian who earned her bachelor’s degree at the University of Nevada, Las Vegas. She returned home and found a job in Accounts Payable here in Seattle, which she has been doing for over eight years. In her free time, she enjoys going to live theater and ballets.

Elizabeth Lee, CMCA

Condominium Services Manager

Elizabeth is a graduate from the University of Southern California with a Bachelor of Science in Business Administration.  She has over ten years of experience in association property management and over fourteen years of experience in customer service coordination. In her free time, she enjoys reading, music, fiber arts, and participating in the Society for Creative Anachronism.

Ella Russell

Accounts Receivable

Ella has been in an administrative support role for 13 years in a variety of different fields.  She previously worked at a CPA firm, and an insurance office before joining Yates, Wood in the spring of 2019.  In her free time Ella enjoys baking, searching out cool vintage finds, and spending time with her husband, son and two adorable Australian shepherds.

Mike Schultz

Accounting Manager

Following the restoration of their historic Spokane 1889 Queen Anne Victorian, Mike and his husband moved to Seattle in 2010. With an emphasis in finance and property management, Mike has held various management and executive level positions in an eclectic range of industries spanning the last three decades. Before joining the YWM team, Mike served as Controller of another regional property management company. Mike innately exercises a strong sense of vision, operational efficiency, and accountability. When Mike isn’t at the office, he indulges his passion for problem-solving, restoration, and all things nautical, including the completed restorations of two classic motor yachts on Seattle’s Lake Union. Mike also owns and manages rental properties in Ocean Shores, and he serves as President of a condo owners association board of directors.

Kim Thomas

Property Accountant

Kim moved to Seattle from Illinois in 1999 and graduated from the Art Institute of Seattle with an Associates of the Arts degree in Fashion Design. After living in New York City for two years Kim returned to Seattle & started working at Bachtel Property Management. Kim has twelve years’ experience in residential property management accounting. In her free time, she enjoys hiking, backpacking and traveling.


Ed Connell

Maintenance Department

After decades in the construction industry running his own business, Ed joined the Yates Wood maintenance team in 2019.  His ample experience and positive attitude allows him to provide excellent service to our clients.  Outside of work, Ed enjoys spending time with his family.

Adam Dodd

Maintenance Department

Adam joined the Yates Wood maintenance team in the Spring of 2019 after having spent his previous 5 years as a service tech for another condominium association management company in the area.  Adam is highly skilled with 20 years of experience in construction prior to becoming a service technician.  When he’s not working, Adam enjoys spending time outdoors.

Charles Watson

Maintenance Department

Charles has thirty plus years in the construction field including building, maintenance and inspection experience.  He joined Yates Wood’s maintenance team in 2010 where his decades of experience and extremely high skill set allow him to take great care in the work he does at the communities managed by Yates Wood. In his spare time Charles likes to spend time with his wife and his grand kids.


12 Tips for Strategic Commercial Real Estate Transactions

Twelve amazing tips that will help you value your property, lease vacant space, and find the perfect location for your business.

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