Anthony A. Casaccio is President and CEO of Inland National Development Company, LLC (“INDC”), a developer of residential, multifamily, hospitality, retail and senior housing properties. Mr. Casaccio has been employed by various Inland entities for more than 35 years. He advises on decisions regarding the purchase, zoning, entitlement, development and sale of land and development properties owned by various Inland entities that are part of The Inland Real Estate Group of Companies, Inc. (“TIREG”). In addition, as a voting member of TIREG’s Investment Committee, Mr. Casaccio is involved in decisions regarding the acquisition, disposition and development of assets owned or sponsored by various Inland-affiliated funds.
Mr. Casaccio is also responsible for managing INDC’s current portfolio of assets, as well as cultivating the development of new residential, multi-family, hospitality, and retail projects nationwide. Utilizing his extensive experience and key relationships across many asset classes, Mr. Casaccio leads experienced teams through acquisition, development and planned disposition of multi-family residential and commercial projects and the development of hospitality projects.
As a Chicago native with more than 35 years of experience, Mr. Casaccio is personally and professionally committed to the economic growth and cultural enhancement of all communities selected for INDC development projects. He holds a bachelor’s degree in accounting from DePaul University, is a licensed real estate managing broker in the state of Illinois, is a member of the International Council of Shopping Centers, the Urban Land Institute and the Conservation Foundation Advisory Board and has testified as an expert in the field of land use and zoning. Mr. Casaccio is also a Bank Director for Pan American Bank, an Illinois Community Bank and serves on the Bank’s Loan and Audit Committees.
Thomas Lithgow is Chief Operating Officer (“COO”) of Inland National Development Company, LLC. As COO, he provides the day-to-day oversight, leadership, management, and vision necessary for the implementation of the proper operational controls, administrative and reporting procedures, people and systems in place to effectively contribute to the growth and operating efficiency of the organization.
Mr. Lithgow has been employed with other Inland entities since 2004. He initially served as the Director of Due Diligence and has since held various senior leadership positions. Before joining Inland, Tom was the Due Diligence Director for Heritage Realty (and its predecessor, Bradley, a publicly traded REIT). Prior experience includes roles with MS Management Services, VMS Realty and LaSalle Partners (now JLL).
Mr. Lithgow has more than 25 years of extensive real estate experience in the areas of asset management, property management, leasing/brokerage, due diligence, acquisitions and finance. He is an active member of ICSC and is a licensed Real Estate Managing Broker in the state of Illinois. Tom received his bachelor’s degree in Accounting (Cum Laude) from Eastern Illinois University, and is a Certified Public Accountant.
John C. Brown is Senior Vice President of Development for Inland National Development Company, LLC (“INDC”). He oversees INDC’s development process and advises INDC project managers on decisions regarding entitlement, design, contracting, financing, construction, and operational strategy.
Mr. Brown utilizes his extensive development and commercial real estate experience in the day-to-day execution of INDC’s construction projects and development strategy by working closely with INDC’s experienced team of project managers, acquisition managers, construction engineers, planners, capital markets specialists, asset managers and analysts.
Mr. Brown has more than 30 years of commercial real estate experience across the United States and Canada. He is the ideal professional to execute INDC’s action plans while playing an integral part in the expansion of the INDC platform since he prides himself on being a “team builder” as well. He joined KPMG in their real estate division, and after four years he joined a client to focus exclusively on commercial real estate. He then went on to a successful career with a Chicago based developer who was national in scope. Prior to joining INDC, he consulted with other Inland entities on the development, re-development and acquisitions of commercial real estate around the country – from apartments to hotels to retail to private educational facilities to mergers and acquisitions of real estate companies. Mr. Brown holds a bachelor’s degree in accounting from University of Dayton and is a Certified Public Accountant. In addition, he is a real estate broker and has served as an expert witness in various commercial real estate disputes, including an environmentally challenged property.
Robert N. Fontaine, Jr. is Vice President and Controller for Inland National Development Company, LLC (“INDC”). In this role, he is responsible for overseeing monthly financial statement reporting and cash flow budgeting as well as several construction draw reviews.
Prior to joining INDC, Mr. Fontaine worked in public accounting for eight years. In addition, he served as a controller for an advertising specialty company for 16 years.
Mr. Fontaine graduated from Northeastern Illinois University with a degree in Economics and minor in Accounting.
Pamela Stewart is Vice President of Asset Management for Inland National Development Company, LLC (“INDC”) and is part of a team responsible for sourcing new business and managing commercial real estate transactions, including acquisitions, asset management, financing, development and dispositions. Ms. Stewart joined The Inland Real Estate Group of Companies, Inc. in 1995.
Ms. Stewart graduated from Roosevelt University in Chicago with a Bachelors in Business Administration and Marketing. She holds the Certified Design, Development and Construction designation. In addition, she is a licensed real estate managing broker in the state of Illinois, a Certified Commercial Investment Member candidate, a member of the International Council of Shopping Centers and the Chicago Association of Realtors.
David Howat is Vice President of Development for Inland National Development Company, LLC (“INDC”), participating in site selection and acquisition while primarily responsible for the entitlement process for vacant land parcels throughout the Midwest, with a focus on the Chicago metropolitan area. Mr. Howat is part of a team accountable for the detailed financial and budget analysis of acquisitions, entitlement negotiations with municipal authorities, the development process with various permitting agencies and the coordination of construction scheduling. He has worked in all facets of real estate, including construction, development and finance for over 15 years. Mr. Howat joined INDC in January 2005 as a development associate. He holds a master’s degree in urban and regional planning from the University of Wisconsin, is an Illinois certified managing broker and a member of the International Council of Shopping Centers.
Rick Lippert is Vice President of Inland National Development Company, LLC (“INDC”) and is part of a team responsible for sourcing, underwriting, negotiating and closing on the acquisitions of new development assets in INDC’s target markets nationwide. He is also responsible for partner and project management for INDC’s development joint ventures. Prior to joining INDC, Mr. Lippert was Vice President of Transactions for Inland Real Estate Corporation, a publicly-traded shopping center REIT (NYSE: IRC), where he was responsible for acquisitions, dispositions and development projects. he was also an acquisitions officer for Great Lakes REIT, a publicly-traded office and industrial REIT headquartered in Oak Brook, IL. In his 20+ years in the commercial real estate industry, Mr. Lippert has participated in transactions totaling nearly $3 billion in value. Heholds a Bachelors of Science in Finance from the University of Illinois in Urbana-Champaign and an MBA from the University of Chicago’s Booth School of Business. He is a licensed broker in the state of Illinois and is a member of the Chicago Association of REALTORS®.
Frank Laraia joined The Inland Real Estate Group of Companies, Inc. in 1987 and has worked for a variety of Inland organizations and affiliates during this time, gaining invaluable knowledge, insight and expertise in the acquisition, development and management of real estate. With extensive experience in the multi-family condominium conversion platform, he has been responsible for the overall management and eventual sale and closing of thousands of condominium units within the suburbs of Chicago. Mr. Laraia currently serves as Assistant Vice President of Development for Inland National Development Company, LLC. In his role, Mr. Laraia is responsible for the development, construction, and overall project management of INDC’s growing portfolio of multifamily and hospitality projects throughout the United States.
Mr. Laraia is a managing real estate broker and is a member of the Chicago Association of REALTORS®.
Anh Nguyen is Assistant Vice President of Inland National Development Company, LLC. Ms. Nguyen is responsible for managing day-to-day operations, assists on special projects and closing of condominium units and residential homes. Ms. Nguyen has been with companies/entities that are part of The Inland Real Estate Group of Companies, Inc. (“Inland”) since 1986 when she started as Administrative Assistant. She held various positions with the Inland affiliated entities and in 2004, promoted to Assistant Vice President. Prior to joining Inland, Ms. Nguyen was an Administrative Assistant at Argonne National Laboratory. She was responsible for daily office operations. She graduated from College of DuPage with an Associate degree in Business Administration.
Doug Blume currently serves as Construction Manager for Inland National Development Company, LLC (“INDC”) and provides the necessary oversight of the construction of INDC’s diverse development projects. He consistently maintains a “hands on” approach to his supervisory responsibilities by directly engaging with contractors, conducting on-site inspections, coordinating with architects and civil engineers to assess the quality of the construction and its compliance with plans and specs, assisting the municipal inspectors, analyzing actual and budgeted costs and expenses and identifying and resolving construction issues and deficiencies. Along with his Construction Management responsibilities, Mr. Blume works directly with environmental consultants with regards to the identification and remediation of recognized environmental concerns at development projects. He assists with the required follow-up environmental inspections and reporting and procurement of NFR letters from the appropriate governmental agencies. His knowledge of environmental regulations and environmental reports and experience with the remediation process is vital to new construction projects, especially those involving demolition, excavation or soil removal.
Patrick Gannon joined Inland National Development Company, LLC (“INDC”) in 2017 and serves as a senior investments analyst. In this role, he is tasked with researching, modeling and underwriting the financial aspects of any new investment opportunity. He also works closely with the Project Leads to keep the budgets of ongoing projects current and accurate.
Prior to joining INDC, Mr. Gannon spent five years in the derivatives markets at the Chicago Board of Trade. Starting as a clerk on the floor in the options trading pits and eventually working his way up to electronically trading commodity futures.
Mr. Gannon graduated from the Farmer School of Business at Miami University with a degree in finance and holds a broker’s license in the state of Illinois.
Jennifer L. Frederick is the Accounting Coordinator for Inland National Development Company, LLC. In this role, she is responsible for the overall operations of INDC’s financial processes, including accounts payable, accounts receivable and bookkeeping tasks.
Before joining Inland National Development Company, LLC, Mrs. Frederick worked at Chicago Midway International Airport as an aircraft dispatcher. She changed paths and worked as an accounts payable specialist for a private FBO. Later, she moved to Inland Bank & Trust working in Operations.
Mrs. Frederick graduated from Lewis University with a Bachelor of Science in Aviation Administration and a minor in Business Administration. She also flew a Cessna 152 aircraft for three years.
Her grandpa served as a MP in the United States Army during WWII which makes her a proud member of the American Legion Don Varnas Post #986.