An Accomplished Team Delivering Proven Results

Led by industry veterans Todd Wyett, and Greg Erne, VERSA Development is a national real estate firm with a focus on development and acquisition of high-performance assets.  A results-driven company, VERSA Development is known for the timely execution of its real estate deals, whether ground-up development, a turn-around project or the purchase of an asset.    

Working to balance all stakeholder goals, VERSA is committed to balancing community visions with each project’s economic success. VERSA emphasizes collaborative solutions as it develops, acquires and manages its many commercial, industrial and residential projects.

Built on a foundation of integrity and trust, the Versa team continuously leverages its extensive network of relationships with financial industry leaders, architects, engineers, builders and public officials to meet the needs of a variety of industry sectors. 

VERSAtility.

T-headshot.jpg

Todd A. Wyett
Principal
248.770.8484
todd@versacos.com

Todd A. Wyett began his career in the corporate department of Weil, Gotshal & Manges, a global law firm in New York City after graduating from Georgetown University Law School in Washington, D.C. He later served as Vice President, General Counsel and Secretary for Arbor Drugs, Inc., a publicly held chain of more than 230 stores acquired by CVS in 1998 for $1.5 billion.

With a diversified approach that mirrors VERSA Development’s strategy, Wyett has been active in real estate development, land entitlement and property management since 1995.

Wyett specializes in land and infrastructure development of industrial, commercial and multi-family residential properties, and has created Michigan and Ohio projects exceeding $200 million in value. Developments include several large industrial parks, a mixed-use project on 110 acres, shopping centers and manufactured home communities.

Public service positions include:

Served on the board of Detroit Public Television from 2011 - 2020

Appointed by Gov. Rick Snyder in January 2011 to the Michigan State Transportation Commission, whose role is to develop and implement policy and transportation plans for the Michigan Department of Transportation (MDOT). Currently serves as its Chairman.

Currently a member of the Board of Trustees of the Henry Ford Health System Foundation.

Appointment by Gov. Jennifer Granholm in 2008 to the Michigan Economic Development Corporation (MEDC) board and executive committee, where he served until December 2010. In this oversight position, Wyett helped shape policies for state site location assistance, job training grants, tourism promotion and business retention, expansion and relocation projects.

Appointment by Gov. Granholm to the Michigan State Waterways Commission from 2005-07, including a year as its elected chairman.

Wyett graduated from Milton Academy in Massachusetts and Swarthmore College in Pennsylvania. He previously served on the Board of the Founders Junior Council at The Detroit Institute of Arts.

G-headshot.jpg

Gregory J. Erne
Principal
248.979.7587
greg@versacos.com

With more than 18 years of experience in the real estate industry, Gregory J. Erne has developed, acquired and managed over 18 million square feet of real estate assets and played a key role in over $1 billion in transactions including retail centers, medical centers and office developments throughout the United States.

Erne began his career in the early 1990s as an architectural designer in commercial real estate. Since then, he’s held a variety of key management positions in organizations ranging from small entrepreneurial enterprises to large corporations.

Most recently he founded Beverly Hills, Michigan-based HELM Realty Partners. The company invested in commercial real estate primarily in the retail and healthcare sectors. In 2013, VERSA Development merged with HELM Realty Partners in an effort to capitalize more efficiently on opportunities in the market and to aggressively position the company for continued growth.

In addition to his professional duties, Erne is very active with many local non-profit organizations including HAVEN and Cystic Fibrosis, giving his time and energy to important causes.

A former board member of Preservation Wayne, Erne also serves as a state board member of the International Council of Shopping Centers (ICSC), a trustee of the Michigan Architectural Foundation and is a member of the Urban Land Institute (ULI). Erne holds his real estate salesperson license from the State of Michigan.