Real estate decisions are complex, especially in periods of economic uncertainty. With the current distress in commercial real estate, we are pleased to welcome Joe, and put his significant experience to work for Lackman buyers and sellers.
Scottsdale, AZ (Vocus) October 13, 2009
Joe Gigliello brings more than 23 years of real estate experience to Lackman Commercial Group with a strong background in finance, including joint venture financing, A&D and construction lending, and mezzanine lending. Gigliello has extensive lending experience in major markets in California, Arizona, Nevada and Colorado.
Prior to joining the Lackman Group, Mr. Gigliello was with GMAC ResCap's Business Capital Group for 10 years as a Managing Director. While at GMAC, Mr. Gigliello originated more than 60 mezzanine loan transactions with more than $307 million in commitments and managed several workout teams across multiple lending platforms including acquisition, development, construction, mezzanine, lot option, and model homes.
In 1992, Mr. Gigliello joined Prudential Home Building Investors (PHBI), an investment advisor to CalPERS. During the six years he was with PHBI, Mr. Gigliello was responsible for every aspect of the company's joint venture, A&D lending and construction lending real estate investments, including originations, financial and feasibility analyses, project management, and investor reporting.
Gigliello is a 1987 graduate of San Diego State University with a B.S. in Real Estate in 1987.
He is currently a licensed broker in the State of California (DRE # 00928813).
Says Tom Lackman CPA (ret), Managing Principal: "Real estate decisions are complex, especially in periods of economic uncertainty. With the current distress in commercial real estate, we are pleased to welcome Joe, and put his significant experience to work for Lackman buyers and sellers."
Gigliello's office is located at Keller Williams LaJolla UTC, 3636 Nobel Drive, San Diego, CA 92122.
About LCG - Lackman Commercial Group
LCG is based in San Diego, CA and Scottsdale, AZ and is a unit of Keller Williams Commercial Division. Tom Lackman, CPA (ret) and Colleen Canale MBA, formed the team in early 2007. Lackman Commercial Group is the largest commercial team of agents in Keller Williams. LCG agents have experience in finance, accounting and taxation as well as in banking, architecture, construction, zoning, and law. Several agents specialize in foreclosure and bankruptcy situations. The company has 50 agents and completes commercial leasing and sale transactions across the US. LCG, through its http://www.ReduceYourRent.com program, works with tenants across the US to assist in evaluating and re-structuring commercial leases. They are currently opening offices in metro San Diego. For additional information see http://www.lackmancommercialgroup.com.