Gerard Graci’s prominent 10-year career in Residential & Commercial Real Estate Sales, Mortgage Loan Consulting, Property Development/Investment and Asset Management has included the following: General Management, Consulting and Entrepreneurial experience with major national Real Estate Investors and Partners.
A carpenter-craftsman and Sales Associate by training, Gerard started his Real Estate career as the Managing Member of PUMA General Contracting Inc, which assisted in the Development & Acquisition of residential properties. As President of Development, Gerard single – handily structured developments of up to $3 million and managed operations of the subsidiary itself. In 2004, Gerard joined the Development & Acquisition, Division of PUMA Properties, LLC in Staten Island, NY, where he was responsible for all phases of new residential construction development and income property major capital improvements. This included conventional financing, city approvals, tenant negotiations and construction management. He also personally managed a diversified portfolio of office, strip and apartment projects, successfully turning around a score of distressed projects, and increasing portfolio by over 14% on revenue increases of 7%.
Gerard served as Managing/Operating General Partner of Gronchar Properties, a Limited Liability Corporation, where he directed site selection and acquisition of residential low-income distressed properties in Trenton, NJ, negotiating financing and leasing, obtaining zoning permits and regulatory approvals, and structured the sale of an integrated rehabilitation “package” to investors.