Rece Morgan
President & Chief
Executive Officer
and Board Member

864.250.9475 d
404.245.0039 c

Morgan became the Central Realty Holdings President and CEO in 2013. Previously, he had served as chairman of the board for four years, and he continues to serve as the board's director. He has a wealth of experience in real estate acquisition, strategic planning, and asset and property management.

Before coming to Central Realty Holdings, he worked for more than 20 years in a number of other real estate holding and investment firms, including Westplan Investors, Stafford Properties and Rothschild/Charter Oak Partners, as well as a regional family real estate investment company.

He has a bachelor's degree in economics from the University of Georgia and has completed extensive post-graduate studies in real estate, finance and commercial development.

He is a member of the Institute of Real Estate Management, the International Council of Shopping Centers, the Urban Land Institute and the Nature Conservancy, and he has served on numerous real estate investment and nonprofit boards. He currently lives with his wife in Greenville, S.C.


Rick Timmons
Financial Vice President and Board Member

864.250.9291 d
864.517.7811 c

Timmons has a 35-year tenure with Central Realty Holdings and its predecessor companies. He specializes in acquisitions as well as managing investments and finances.

In addition to his role with the company, he works with other area businesses. He is the senior vice president of investments at Canal Insurance, a national property and casualty company specializing in transportation, and he serves as president of U.S. Timberlands Company and Lullwater Syndicate.

Timmons holds a Bachelor of Arts in economics from Vanderbilt University and a Master of Business Administration in finance from the University of Chicago Booth School of Business.


Nancy Peters
Property Manager

864.250.9200 d
864.616.8850 c

Aside from her newest responsibilities as Property Manager serving our numerous tenants, Peters manages office administration, marketing, and operational support of the executive team. Peters is a seasoned employee at Central Realty Holdings, serving the company for 32 years. Her veteran experience culminates from hands-on learning and on-the-job training, giving her the ability to handle a variety of challenges and opportunities.

Peters has knowledge in many applications, including numerous software programs and in-depth computer skills. She has a strong work ethic and is extremely organized, helping to run an efficient organization. Prior to Central Realty Holdings, Peters attended Greenville Technical College. In her leisure time, she enjoys boating, target shooting, and traveling and her favorite destination ever visited is Israel.


Tori Wallace
Project Manager & Development Coordinator

Wallace joined Central Realty Holdings in June 2014 as an analyst, bringing a diverse range of commercial real estate development and marketing experience. She studies the feasibility of real estate ventures to ensure alignment with the expectations of the company and its goals.

Prior to joining Central Realty Holdings, Wallace worked for Hughes Development Corporation, where in addition to land planning duties, she assisted appraisers in analyzing land values and solving problems in existing developments. She has also worked for Albrecht Imaging as a human resources and marketing representative. Her responsibilities included development of marketing materials, acquiring new clients and creating both artistic and realistic architectural renderings.

A native of El Paso, IL, Wallace has a bachelor's degree in Architectural Studies from the University of Illinois at Urbana and a master's in Real Estate Development from Clemson University.


Jennifer Gregory

Gregory joined Central Realty Holdings in July 2014 as Senior Accountant. With more than 10 years of real estate accounting experience on both the residential and commercial sides, she brings a wealth of logistical, analytical, problem-solving and interpersonal skills to the company. Gregory previously worked as head of accounting for Hughes Development Corporation and SouthStyle residential building. Her experience includes managing company cash positions, coordinating construction draw loans, maintaining company records, working with tax accountants and attorneys, and serving in management. A New Jersey native, Gregory holds a Bachelor of Science from Kean University. She moved to South Carolina in 1999.

Screen Shot 2016-04-14 at 7.25.19 AM.png

Phil Carlock
Chairman Of The Board

Carlock is chairman of the board for Central Realty Holdings and brings with him a wealth of experience in real estate development and management.

In addition to Central Realty Holdings, Carlock is chairman of the executive committee and vice chairman of the board of directors of ECI Group, bringing superb leadership and a depth of experience from both the real estate and insurance industries. Carlock has over 35 years of senior management experience and was president of three Atlanta based corporations prior to joining ECI.

During his real estate career he has been involved in transactions that include in excess of 15,000 apartments, one million square feet of office/retail space, hotels, industrial and self-storage facilities. Carlock is a Georgia State University alum and has served as the Chairman of the National Apartment Association and on numerous executive advisory boards for the industry. His financial acumen and direct involvement in all phases of development and operations make him a tremendous asset to Central Realty Holdings.

Screen Shot 2016-05-19 at 10.43.25 AM.png

Galen Oelkers
Independent Director

Galen Oelkers has been independent director for Central Realty Holdings since 2009.

In addition to Oelkers role at Central Realty Holdings, he is also president of The Zeist Company and vice president of investments for The Zeist Foundation, both based in Atlanta. His responsibilities there include oversight of the investment activities, managing the delivery of financial, tax, and risk management, and providing overall strategic direction.

Prior to the Zeist organizations, Oelkers worked in the oil & gas industries serving as tax manager, controller and general manager, and tax supervisor for the flagship oil company of the Hunt family after beginning his career at Arthur Andersen and KPMG.

Oelkers also serves on the executive committee of Daniel Island Company, an award-winning Charleston real estate development, and belongs to numerous family office and professional organizations.

Screen Shot 2016-05-19 at 10.43.33 AM.png

Steve Timmons

Timmons retired from Central Realty Holdings in December 2013. When he came to the company in March 1984, he brought a wealth of expertise in engineering, construction and IT. Over the next 30 years, he held numerous roles, including VP of leasing and marketing as well as company president. He retired as the VP of development.

During his tenure, Timmons was instrumental in the creation of several Pelham Road developments, including "restaurant row" and the shopping center at I-85. His clients included Home Depot, Wingate Inn and Hilton. He previously worked for Lucas CAV, Lockheed-Georgia and the Canal Insurance Company.

Timmons earned a degree in Plant Metallurgical Engineering from North Carolina State University and an MBA from Clemson University. In addition to Central Realty Holdings, he currently serves on the boards of U.S. Timberlands Company and Lullwater Syndicate. In his free time, he enjoys boating, fishing and aviation, as well as traveling with his wife to their property in Hopetown, Bahamas.