Development Leadership Team
Bio
Thomas Reiter joined CREDE in 2015 as a Principal and serves as its President, and runs the Development Division. Prior to working with CREDE, he was a Principal in commercial real estate development ventures and a partner in a private equity fund. Previously, Mr. Reiter was the Chief Investment Officer for two family offices in Southern California. Mr. Reiter managed, sourced, structured, and developed real estate projects, private equity holdings, public securities and oil, and gas investments in those positions. He was instrumental in raising debt and equity, structuring investment agreements, introducing strategic partners, and executing the respective business plans. During his tenure, he developed and/or managed real estate holdings in over 20 states in a wide array of asset classes, including hospitality, industrial, multi-family, office, quick-serve restaurants, and retail.
Mr. Reiter started his career with Ernst & Young and KPMG, where he focused on capital market transactions in the US and Europe, assisted companies with mergers and acquisitions, SEC transactions (IPO’s and secondary offerings), and CMBS bond offerings.
Mr. Reiter holds a Bachelor of Science from St. Cloud State University and is a recipient of San Diego’s “40 Under 40” honor in 2009. He is a member of NAIOP and ULI.
Thomas Reiter
[email protected]
Bio
Jay Spurgiasz has over 20 years of commercial real estate-related experience, having completed over $2 billion in cumulative financial transactions and $1 billion in acquisition transactions. Mr. Spurgiasz previously served as Chief Financial Officer for The Koll Company, where he conducted financial oversight for a portfolio of over 6.7 million SF of industrial and office properties in CA, NV, AZ, UT, CO, and TX, as well as a master-planned resort community in Mexico.
Jay’s primary responsibilities include managing all debt and equity financing, cash forecasting, financial accounting review, and analytical functions pertaining to acquisitions and dispositions. He determines and implements strategic initiatives, entity and project financial modeling, and calculates entity level returns and investor metrics. He negotiated agreements with representatives from debt and equity sources. Wrote and presented annual business plans and held/sell analyses to investors.
Previous experience includes serving as the Chief Financial Officer of a busy family office and financial analyst for Donahue Schriber, a multi-state institutionally funded private REIT. Mr. Spurgiasz holds a bachelor’s degree in business accounting and an MBA from California State University, Fullerton, graduating with Magna Cum Laude honors from both degree programs. Industry membership includes the Urban Land Institute (ULI) and the National Association of Industrial & Office Properties (NAIOP).
Jay Spurgiasz
[email protected]