Alberici Corporation Strengthens Portfolio with Strategic Investment
Alberici Corporation Enhances Service Offerings
Alberici Corporation has recently made an impactful strategic investment in LCG Capital Management, a renowned real estate firm that excels in development, brokerage, property management, and corporate services. This investment is set to enrich the services offered to clients of Alberici Constructors and Flintco, enabling them to benefit from specialized expertise in real estate.
Leadership and Independence of LCG Capital Management
LCG Capital Management, founded by seasoned real estate experts Rob Goltermann, Ian Silberman, and Scott Bitney, will continue to operate independently. The current leadership structure remains intact, with Rob Goltermann serving as Chief Executive Officer. Details regarding the financial terms of the investment have not been publicly shared.
Clients Benefit from Enhanced Expertise
Richard Jaggers, President and CEO of Alberici Corporation, highlighted the pressing challenges clients face in today's market. He noted that tighter credit conditions and intricate macroeconomic environments necessitate robust resources to extract value from existing assets. This investment empowers clients to align their real estate strategies with their long-term business objectives, offering them a competitive edge.
Strategic Growth and Leadership Team Additions
The LCG leadership team is further strengthened with the addition of Craig Saur, the former Chief Administrative Officer at Flintco, who will take on the role of Chief Operating Officer. With over two decades of experience in operations and real estate, Saur is well-equipped to support innovative solutions that drive growth for clients.
Turning Real Estate Challenges into Advantages
Saur emphasized the importance of viewing real estate not just as a cost center, but as a potential strategic advantage. LCG is dedicated to assisting clients in transforming their real estate challenges into milestones of growth and opportunity.
Optimizing Real Estate Portfolios
Rob Goltermann reiterated LCG’s mission to help clients realize the maximum potential of their real estate portfolios. They focus on development, repositioning, and planning for future capital projects. With the backing and national reach of Alberici and Flintco, LCG is poised for accelerated growth and comprehensive solutions across various industries.
New Board of Directors and Strategic Alignment
A newly formed Board of Directors underlines the collaborative spirit between Alberici and LCG. Esteemed members of the board include Gregory Kozicz, Ph.D., now serving as Chairman, and various leaders from both organizations, reflecting a unified vision for future growth and service excellence.
About Alberici Corporation
Alberici Corporation stands as a leading construction company in North America, known for delivering innovative and high-quality projects across diverse markets. With a rich heritage dating back to 1908 and a strong workforce of 3,500, Alberici consistently ranks among the top builders, emphasizing safety and efficiency in all endeavors. The company's annual revenues surpass $4.45 billion, showcasing its influential position in the construction industry.
Frequently Asked Questions
What is the purpose of Alberici's investment in LCG Capital Management?
The investment aims to enhance Alberici's service offerings in real estate, providing clients with specialized expertise in development, brokerage, and property management.
Who are the leaders at LCG Capital Management?
LCG is led by Rob Goltermann as the CEO and includes a team of experienced real estate professionals such as Ian Silberman and Scott Bitney.
What role will Craig Saur play in LCG?
Craig Saur will serve as the Chief Operating Officer, bringing extensive operational and real estate experience to further support client solutions and growth.
How does this investment benefit Alberici's clients?
This investment enables Alberici's clients to leverage advanced real estate strategies that align with their long-term business goals, making real estate a strategic advantage rather than a cost.
What is the historical significance of Alberici Corporation?
Founded in 1908, Alberici Corporation has established itself as a leader in the North American construction industry, known for its innovation, safety, and commitment to quality service delivery.
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