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 38 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 Executive 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.
David Howat is Senior 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.
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.
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 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®.
Doug Blume currently serves as Vice President 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.
Mr. Hlavacek is responsible for evaluating and implementing investment opportunities for Inland National Development Company, LLC. Mr. Hlavacek has been employed with Inland entities since 2011 and most recently structured and managed investment funds and partnerships on behalf of institutional investors and Inland affiliated entities. Prior to joining Inland, Mr. Hlavacek held various senior leadership positions with McShane Medical Properties, CBRE’s Capital Markets group, and Great Lakes REIT (a publicly traded REIT). Mr. Hlavacek earned an M.B.A. from The University of Chicago Booth School of Business and a Bachelor of Arts degree from Indiana University. He is an active member of the Urban Land Institute. Mr. Hlavacek holds a FINRA Series 65 License.
Patrick Gannon joined Inland National Development Company, LLC (“INDC”) in 2017. Patrick is an Assistant Vice President – Development and serves as a senior investment analyst while transitioning to a role as a project manager. As a senior investment analyst, he oversees the evaluation and financial modeling of proposed and ongoing investments projects while also training for the role of project manager. Patrick interfaces with other members of the INDC team to devise new project budgets, keep ongoing development projects on budget and communicate directly with project partners and outside investors.
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. He holds a real estate license in the state of Illinois 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.
Bill Anderson is an Asset Management and Development Analyst for Inland National Development Company, LLC. His responsibilities include interaction/oversight of property management and marketing for retail, hotel, and multi-family properties; inclusive of the marketing for sale or lease of all pad sites. He also assists the INDC Development Team with research, analysis, and marketing of land and developed property.
Prior to joining the INDC Team, he served for 20 years as Vice President of Transactions for IRC Retail Centers, a publicly traded real estate investment trust listed on the NYSE. In this role he consistently exceeded annual transaction goals between $200M to $400M, and collaborated with Legal, Finance, Accounting, Leasing, and Property Management Teams.
Mr. Anderson is a graduate of Northern Illinois University where he earned a BS Degree in Finance. He was a long-time member of National Association of Real Estate Investment Trusts (NAREIT), International Council of Shopping Centers (ICSC) and National Association of Realtors (NAR).
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.