Lili Dunn
CEO & President
Bell Partners

Ms. Dunn joined Bell Partners in 2010 and assumed the role of President in 2016 and CEO in 2022. She oversees all aspects of the Company’s business including Investment, Finance, Operations, Fund Management, Accounting and Construction. Ms. Dunn is also responsible for guiding the Company’s investment strategy, broadening its institutional capital sources, strengthening the investment infrastructure, and directing transaction and financing initiatives. Prior to joining Bell Partners, Ms. Dunn was a 20-year veteran with AvalonBay Communities, a leading public apartment REIT and a member of the S&P 500, and Trammell Crow Residential, its predecessor entity. In her role as Managing Director at AvalonBay, she was responsible for the company’s national transaction activity, which consisted of roughly 60,000 apartment units valued at approximately $6.5 billion. Ms. Dunn also helped raise and oversee AvalonBay’s discretionary institutional investment vehicles with total equity commitments of $730 million.

Ms. Dunn is on the Executive Board of the National Multifamily Housing Council (NMHC) and was Chairperson of its Finance Committee from 2006 to 2010. She is Vice Chair of the Multifamily Gold Council of the Urban Land Institute (ULI) and is on the Board of Directors for the Association of Foreign Investors in Real Estate (AFIRE). She is also a member of Pension Real Estate Association (PREA). In 2023, Ms. Dunn was named Executive of the Year by Multifamily Executive and was awarded Executive of the Year by MultiHousing News in 2021. Ms. Dunn is an active member of several mentoring programs within the real estate industry and regularly supports organizations helping families in poverty. In 2024, she was inducted into the Hall of Fame of Niskayuna High School (Niskayuna, New York). Ms. Dunn earned her BBA from the University of Michigan where she graduated with highest honors.

Established in 1976, Bell Partners Inc. is a privately held apartment investment and management company focused on quality multifamily rental communities throughout the United States. The Company manages almost 90,000 apartment homes in 12 regions across the U.S., including communities in the San Francisco Bay Area, Southern California, Washington, Texas, Colorado, the Southeast, Washington D.C., and Boston. With approximately 2,500 associates and nine offices, Bell Partners offers an extensive full-service vertically integrated national platform of expertise in acquisitions and dispositions, construction, financing, property operations, accounting, risk management, and related support functions. Led by a senior management team with 25+ years of experience navigating marketing cycles, Bell Partners has invested throughout all phases of the real estate cycle and has completed over $11 billion of realized apartment transactions since 2002. With a focus on the customer, Bell pairs its corporate infrastructure with a deep local presence to drive performance. For more information, visit bellpartnersinc.com.