Our Management Team
CWSAMS' team of top experts makes us a trusted partner of governments, financial institutions, real estate developers and other private-sector entities worldwide.
Ms. Jennifer Stearman is the founder and CEO of CWSAMS. Ms. Stearman has 20-years’ experience in project management, financial management, quality control, and the sale of government assets. Throughout her career, she has overseen the sale and closing of more than 10,000 government-owned real properties. She has developed and implemented strategic goals and objectives of the Company, managed human and fiscal resources, and overseen quality and delivery of products and services. She founded CWSAMS Marketing Group to provide specialized marketing services for the sale of government assets. Ms. Stearman provides policy and oversight in the areas of Risk Management, Audit, and Quality Control Program.
Mr. C. William Stearman is the President of CWSAMS. Mr. Stearman holds a Bachelor of Science degree in Marketing and Advertising and a Law Degree with a concentration in real estate law. He has been involved with more than 3,000 government real property closings, providing policy guidance and problem resolution in the areas of Title and Closing and Marketing and Sales. As the Program Manager for the Department of Treasury’s nationwide contract for the Management and Sale of Seized Property, Mr. Stearman brings real world experience in seized/forfeited property issues. Mr. Stearman is a skilled negotiator and has mediated resolution of complex title issues involving multiple stakeholder interests including federal agencies, international bankruptcy courts, and financial institutions. A prime example of Mr. Stearman’s ability to resolve problems is the case involving the sale of a $20 million country club. This property had various parties with vested financial interests including the US District Court, US Customs Service, various banks, IRS, Japanese Bankruptcy Court and the country club member’s association. The entity with the smallest vested interest, the country club members, was blocking the sale. Mr. Stearman mediated numerous negotiations with all vested parties to facilitate an agreement to allow the property to proceed to sale. The resolution of the issues allowed CWSAMS to proceed with the sale obtaining 99% of the independent third party appraised value.
Mr. P. Timothy Minoughan is the CWSAMS Vice-President of Operations and National Sales. He has more than 26 years’ experience in the management and sales of government real property. Mr. Minoughan has direct experience on seized property contracts in end-to-end management of real estate including inventory evaluation, data collection, maintenance, repair, and closing. He is responsible for policy and oversight for properties under CWSAMS management including risk management mitigation, ethics, quality, safety, and environmental compliance. Mr. Minoughan manages all aspects of nationwide sales from advertising, marketing strategy and implementation, sale listing, tracking, planning and closing documentation. He has been instrumental in implementing the use of technology tools to enhance marketing efforts including: CWSAMS website for real property advertising and online sales, virtual tours, and app for iPhone and Android users. Mr. Minoughan has been responsible for government sales generating in excess of $500 million with individual sales up to $25 million. He has earned many awards and recognition including the Hammer Award from the National Partnership for Reinventing Government for outstanding performance in multi-agency sales, awards from the National Association of Realtors and the Printing and Graphic Communications Association for excellence in advertising design, and numerous letters of appreciation from government clients for exceptional marketing and sale support.
Ms. Monica Pratt is the CWSAMS Financial and Data Quality Manager. She has over 14 years of government accounting experience, including over 12 years of various supervisory positions, and over 13 years of project financial management experience. During her tenure in the accounting field, she has applied knowledge of accounting regulations including US GAAP, IFRS, FAR and DFARs in performing a wide range of duties. She has held positions of all levels from accounts payable, accounts receivable, general ledger, payroll, to CFO in a government contracting setting. Ms. Pratt has been through six implementations of government approved accounting systems; has prepared and maintained budgets; prepared provisional rates proposals, and incurred cost packages; performed internal control analysis and monitoring; designed, updated and maintained efficient processes for all aspects of accounting; and has been the primary liaison for a wide range of DCAA audits. She is an expert user of the Deltek GCS Premier accounting software currently used by CWSAMS.
Ms. Birgit Flores is the Title & Closing Manager for CWSAMS. She has more than 30 years’ experience in the title industry and has been curing title issues for Treasury seized real properties for the past 20 years. She has extensive experience in resolving complex title issues to include determining whether or not judgments, Federal tax liens, mortgages, and all other liens against a property or individual are valid. Birgit has cleared property title in all 50 states and Puerto Rico. She is well versed in Federal statutes pertaining to seized properties and routinely communicates with Title Attorneys, Title Underwriters, U.S. Attorneys, Assistant U.S. Attorneys, Special Agents, and state and local authorities. On several occasions, Birgit advised U.S. Attorneys regarding potential issues with a Final Order of Forfeiture and provided possible solutions, which were accepted and resulted in amended Final Orders. She has received many commendations for her role in clearing title issues. The most recent was from the government of the Republic of Korea (S. Korea) and DOJ’s Acting Assistant Attorney, thanking her for clearing a complex title issue for a property in Corona, CA. The proceeds from the sale were remitted to victims of a Ponzi scheme in Korea.