Worthington Hyde Partners (WHP) was formed in 2006 as the successor to Schaedle Worthington Hyde Properties, commonly known as SWH Properties founded in 1991. Since its inception, WHP has been actively involved as a real estate capital provider, in venture with niche developers with local project insight and expertise, over a diverse portfolio of real estate investments, and in varying creative structures. The principal partners of WHP are Robert W. Worthington, J.R. (Pitt) Hyde, III, and John H. Pontius, who have enjoyed a 25 plus year relationship partnering on real estate transactions including:

  • Apartment acquisition
  • Apartment development
  • Hotel acquisition
  • Hotel development
  • Mixed Use development
  • Office acquisition
  • Retail acquisition
  • Land assemblage/speculation
  • Providing senior debt
  • Providing mezzanine and bridge debt
  • Purchasing non-performing debt

WHP has capitalized on its entrepreneurial approach, access to capital, quick response capability, and extensive experience in sourcing, selecting, and executing on the investment positions it has taken over the years. These qualities have allowed WHP to develop a proven track record and exceptional reputation. WHP continues to seek quality real estate investment opportunities on a direct or venture basis.

WHP – Partner Bio’s

Chairman & CEO

Originally from Chattanooga, TN, Bob graduated from the University of Tennessee at Chattanooga with a B.A. in Business Administration in 1979. In 1981, he received an MBA with a concentration in Finance from Georgia State University.

After two years in the investment banking business, he began his real estate career in Atlanta, Georgia with Richard Felker Company, where he became Executive Vice President and oversaw all of the firm’s acquisition, disposition, and financing activity. The company was primarily involved in the syndication and operation of multi-family assets in Georgia.

In 1991, he and Robert Schaedle formed a real estate investment firm in venture with J.R. (Pitt) Hyde, III and John H. Pontius initially focused on acquiring multifamily assets. Schaedle Worthington Hyde Properties (SWH) became a fully integrated real estate acquisition, development, construction and management organization, which controlled and operated apartment and hotel properties in 13 different states. Bob served as Chairman and CEO of the organization, which had over 500 employees in 2006 when the firm elected to sell its portfolio at an opportunistic time and in anticipation of a major market correction.

Today Bob remains in partnership with Mr. Hyde and Mr. Pontius through Worthington Hyde Partners, a real estate investment fund which invests the capital of its principals into real estate assets across a diverse spectrum of holdings, including SWH Partners as its General Partner. Over his career, Bob has been chiefly responsible for over $2 billion dollars in real estate transactions. He has received several industry awards and has been a lecturer and panelist at numerous real estate and business gatherings.

Bob lives in Atlanta, Georgia where he has been active in a number of civic ways, including serving as a Charter Trustee for Wesleyan School. He is married to the former Piper Jan Berryman, and they have three children.


Joseph R. “Pitt” Hyde III is a nationally known entrepreneur and philanthropist whose leadership has transformed his hometown of Memphis, Tennessee. With equal parts business acumen and strategic philanthropy, he continues to be a force for economic, civic and cultural progress.

Entrepreneurship was Mr. Hyde’s birthright. In 1907, his grandfather founded Malone & Hyde Inc., the wholesale food company. Following graduation from the University of North Carolina in 1965 with a degree in economics, he joined the family business, expanding Malone & Hyde’s specialty retail division into drug stores, sporting goods stores, supermarkets and auto parts stores. Under his leadership, the company grew dramatically, becoming the United States’ third largest wholesale food distributor with annual sales of more than $3 billion. He was the first president of Super D Drugs, and in 1968 was elected president of Malone & Hyde. In 1972 he was elected chairman and for 10 years served as the youngest CEO on the New York Stock Exchange.

Founding AutoZone in 1979 as part of Malone & Hyde, he guided its growth from three stores in two states to an international retail auto parts giant with more than 3,200 stores. He retired from active management as CEO and chairman by 1997 after building AutoZone into the largest company in the auto parts industry, but remains on the Board of Directors.

Mr. Hyde is owner and president of Pittco Holdings Inc., and one major focus of his broad portfolio of investments is as general partner of Schaedle Worthington Hyde Properties, LP, an Atlanta-based real estate company that specializes in multi-family housing and limited service hotel development.

He is chairman of GTx Inc., a publicly held biopharmaceutical company dedicated to the discovery, development and commercialization of therapeutics primarily related to the treatment of serious men’s health conditions. He is also Chairman of the Board of Memphis Bioworks Foundation, which leverages the city’s assets to develop its unique niche in the biotechnology industry.

In addition to his numerous philanthropic pursuits, Mr. Hyde also actively supports key civic, cultural and charitable organizations. These include the Partners in Public Education, Memphis Brooks Museum of Art, Blues Foundation, Arts Memphis, Memphis Challenge and Ballet Memphis. He is married to the former Barbara Rosser of Atlanta and has five children.


A Memphis native, Mr. Pontius received a Bachelor’s degree in accounting from the University of Tennessee at Knoxville in 1977. Later that year, he joined the international accounting firm of Coopers & Lybrand (now PriceWaterhouseCoopers), where he completed his requirements as a CPA and was promoted to audit manager.

Mr. Pontius left accounting in 1983 to pursue a career in financial management. After three years with manufacturing concerns, he became the Director of Finance and Administration for the City of Memphis in 1986, a post he held until 1991. During his tenure, all six city budgets developed did not require a tax increase.

In 1991, he joined Pitt Hyde, the Chairman and CEO of AutoZone, as a special assistant. He was responsible for investment, family business and philanthropic management for the Hyde family as well as management of the AutoZone Governmental and Community Relations departments and other special projects for the company. In 1998, the two of them formed Pittco Management to concentrate on the growing activities of the Hyde family. Mr. Pontius serves as President.

He has or currently serves on the board of numerous civic organizations, including The University of Tennessee, J. R. Hyde Family Foundations, Christian Brothers University, Greater Memphis Arts Council, Idlewild Presbyterian Church, Riverfront Development Corporation and Memphis in May International Festival. He is married to the former Patricia Bistolfi. They have two sons.


Ed Stelling, in his role as the company’s Chief Financial Officer, directs Schaedle Worthington Hyde Properties’ Accounting Department. Mr. Stelling oversees all of the accounting, financial and income tax reporting for all SWH entities. He also oversees the health insurance, property insurance, property tax appeals and legal and administrative partnership issues. Mr. Stelling was a partner with Atlanta-based McMullan and Company, CPAs before leaving to join SWH. He spent 14 years in public accounting, specializing in real estate and tax. Ed is an alumnus of the University of Georgia.

Investment Manager

Rob Kincheloe is the Investment Manager at Worthington Hyde Partners, a national real estate investment and development company based in Atlanta, Georgia. After graduating from Georgia State University with a B.A. in Real Estate, Rob joined WHP in 2003 as an analyst and today has managerial responsibilities with the investment and disposition activities of the firm, along with ongoing asset management duties. His experience spans multiple cycles over diverse sectors including Apartments, Hotels, Land, Office, & Retail real estate assets, in both debt and equity investments, across $1B+ in transactions. Valuation, location analysis, deal structuring, and fundamentals assessment are among his strongest skillsets. Rob assisted in the 2005-2006 sales of 90% of the firm’s asset after leadership concluded the markets were overheated and ripe for a correction. As a hands on investment manager, he works with operational teams and development partners to effectuate the optimal strategy for a given asset.

Prior to joining WHP, while in school, he released two full length albums and toured the U.S. extensively with his band after signing a record contract at 19 years old with a New York based label. He currently lives in Druid Hills with his wife Angela.

Affiliations / Accreditations/ Boards
B.A. Real Estate Georgia State University
Urban Land Institute Member
Holds a GA real estate license
V.P. of The Cliffs at Keowee Falls Property Owners Association Board