Real estate decisions are complex, especially in periods of economic uncertainty. With the current distress in commercial real estate, we are pleased to welcome Brad, and put his significant experience to work for Lackman buyers and sellers.
Scottsdale, AZ (Vocus) October 14, 2009
Joe Gigliello and Brad Rust have joined Lackman Commercial Group in LaJolla, CA.
Joe Gigliello brings more than 23 years of real estate experience with a strong background in finance, including joint venture financing, A&D and construction lending, and mezzanine lending. Gigliello was with GMAC ResCap's Business Capital Group for 10 years as a Managing Director. He 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. He was previously with Prudential Home Building Investors (PHBI), an investment advisor to CalPERS.
Gigliello is a 1987 graduate of San Diego State University with a B.S. in Real Estate in 1987.
Prior to Joining Lackman Commercial Group, Brad Rust was a Director with GMAC ResCap, originating more than $350 million in mezzanine financing commitments. He also led workout modifications for underperforming transactions. Rust was also a Senior Underwriter for Heller Financial, a Chicago-based commercial finance, equipment leasing and real estate finance company serving small to midsize companies in the United States and Europe. He led financial analysis, deal packaging and credit committee presentations for fixed rate conduit loans and equity investments in numerous real estate property types including multi-family, industrial, office, manufactured housing, and retail properties.
Rust is an economics graduate from the University of Illinois in Urbana-Champaign.
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 Brad, and put his significant experience to work for Lackman buyers and sellers."
Their offices are located at Keller Williams LaJolla UTC, 3636 Nobel Drive, San Diego, CA 92122. Rust's DRE # is 01862571. Gigliello's DRE # is # 00928813. Rust's DRE # is 01862571.
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. They are currently opening offices in Southern California and Chicago. For additional information see http://www.lackmancommercialgroup.com.
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