Chicago (PRWEB) February 23, 2010
Richard Blum, former Principal and Chief Financial Officer of Fifield Realty Corp., has formed White Oak Realty Partners, LLC., a commercial real estate acquisition and development company. Tom Saletta also a former Principal with Fifield is also joining Blum as a Partner in the company. Blum and Saletta were both 15 year veterans of Fifield having worked together on the development, financing and leasing of over 2.5 million square feet of office, residential, retail and parking facilities nationally with a total transaction value of over 3 billion dollars.
Michael Alter, President of The Alter Group, is a partner in the Operating Company of White Oak Realty Partners, LLC. The Alter Group is one of the nation’s preeminent corporate real estate development firms having developed close to 100 million SF of projects for its own portfolio and build-to-suits facilities for corporate users. White Oak Realty Partners, LLC looks to benefit from The Alter Group’s overall real estate expertise and their management and development platforms.
White Oak Realty Partners, LLC, is positioned through its long relationship with private and institutional owners of commercial real estate and significant access to capital from various equity and debt sources to acquire and develop office and apartment buildings here in Chicago and nationally.
For further information call Richard Blum at 847-972-1911 or Tom Saletta at 847-972-1914.