THE NEIGHBORHOOD

Co-Founder & Managing Partner

Leo Addimando

Leo Addimando is a Managing Partner and Co-Founder of Alterra Property Group, LLC (“Alterra”). Over 15+ years as a real estate entrepreneur, Leo has gained experience with a diverse range of real estate product types, acquired property in over 20 US States, closed over $2B of real estate transactions, acquired or developed approximately 3,000 residential units, structured dozens of complex transactions, and overseen all aspects of numerous mixed-use real estate development projects.

Currently, in his role at Alterra, Leo oversees management of the firm, provides overall vision and leadership to the company, serves on its Investment Committee, raises capital, and spearheads the firm’s residential/mixed-use development and investment program.

Previous to his career in real estate, Leo was an early employee of Orbitz.com, helping the company successfully complete an IPO in 2003. Before working at Orbitz, Leo worked as an Associate for the Boston Consulting Group. Leo has an MBA from the Harvard Business School (“HBS”) and a B.A. in Economics and Political Science from the University of Michigan. He is also the President of the Building Industry Association (“BIA”) of Philadelphia, an Advisory Board member for the Port of Philadelphia, Treasurer of the Philadelphia Dragons Sports Association (Little League), and a member of YPO.

Leo is married to Brigitte Castaing Addimando (HBS ’05), has three children (Nico, Marcus, Sophie) and in his spare time enjoys spending time with family, exercise, golf, attending live sporting events (youth and professional), and travel.

Partner & Chief Investment Officer

Matthew Pfeiffer

Matt oversees all investment and asset management activity for Alterra.  He and his Partners are responsible for forming and implementing investment strategies across the company.  Matt played an integral part in the formation of Alterra’s Industrial Outdoor Storage platform and oversees the day-to-day acquisitions and asset management initiatives of that platform.  In addition, he is responsible for raising and structuring equity and debt for Alterra’s ongoing business initiatives.  Matt has been involved with over $1 billion of transactions during his time at Alterra.

Prior to joining Alterra, Matt focused on acquisitions on the East Coast for CenterSquare, a real estate private equity firm located in Philadelphia.  He began his career in real estate at Blackstone (2007-2012).

Matt has an MBA from the Wharton School of the University of Pennsylvania and a B.S. in Finance from Georgetown University. Matt is actively involved with Wharton’s Zell Lurie Real Estate Center and is a member of the board for Georgetown’s Steers Center for Global Real Estate.  Matt and his wife have two children and reside outside of Philadelphia.

Co-Founding Partner & General Counsel

Jeff Pustizzi

Jeff is a Partner, General Counsel and Co-Founder of Alterra Property Group.  Jeff’s 15 years in real estate have allowed him to gain a wealth of experience in both the legal and business aspects of the industry.  He has handled $2B of real estate transactions nationwide across a wide range of asset classes, including multi-family, industrial, office, retail and student housing.  Those diverse transactions have often entailed complex and sophisticated structures, including historic tax credits and joint ventures with some of the country’s most well-known institutional investors.

 Jeff’s responsibilities at Alterra include managing all aspects of legal, finance, risk-management and operational matters for the company, as well as collaborating with his Partners on the firm’s investment decisions. 

Prior to forming Alterra, Jeff began his career at the Philadelphia-based law firm of Stradley Ronon Stevens & Young, where he honed his skills in commercial real estate and finance.  Jeff received an MBA and a B.A. in Finance from Villanova University, and a law degree from the Villanova School of Law. Jeff is a Pennsylvania licensed Real Estate Broker.

Jeff resides in Pennsylvania with his wife and two children, and when not working or spending time with his family, enjoys golf, spending time at the shore and being a Philadelphia sports fan (most of the time).

Senior Advisor - Industrial Outdoor Storage

William P. Hankowsky

William P. Hankowsky was Chairman, President, and Chief Executive Officer of Liberty Property Trust, until February, 2020. Mr. Hankowsky joined Liberty in 2001as chief investment officer, in 2002 was named president, and in 2003 appointed chief executive officer and elected chairman of Liberty’s board of trustees. Prior to joining Liberty, he served for 11 years as president of the Philadelphia Industrial Development Corporation and before that served as the city of Philadelphia’s Commerce Director.

He grew Liberty to be one of the nation’s leading REITs with 112million square feet logistic portfolio across 24 US markets and the United Kingdom. Liberty was acquired by Prolog is in February, 2020 for $13B.

Mr. Hankowsky currently serves on the boards of Citizens Financial Group Inc. (NYSE: CFG), the Greater Philadelphia Chamber of Commerce, Delaware River Waterfront Corporation, Philadelphia Convention and Visitors Bureau, Philadelphia Shipyard Development Corporation, Pennsylvania Academy of Fine Arts.

Mr. Hankowsky has extensive public company experience in addition to his time at Liberty Property Trust, having served on the Board of Essential Utilities (NYSE:WTRG) from 2004-2019, and at various times chairing the Audit and Compensation Committees. He has been on the Board of Citizen Financial Group from 2006 and on the Audit and Compensation and Human Resources Committees.

He received a Bachelor of Arts degree in economics from Brown University.

Deputy General Counsel

Jim Freeman, Esq.

Jim Freeman serves as Deputy General Counsel of Alterra Property Group, LLC.  Jim has over 20 years of experience leading acquisitions, dispositions, and development projects in a variety of asset classes, with a focus on industrial and logistics facilities. 

Prior to joining Alterra, Jim served as lead transactional counsel for the East Region at Prologis (PLD) where he oversaw over $1B in acquisitions, dispositions and development projects annually.  Jim joined Prologis after it acquired Liberty Property Trust (LPT), where Jim served as lead transactional counsel overseeing and managing the acquisition, disposition, construction and development of industrial facilities throughout the United States.  Working for two of the leading industrial logistics companies in the world has provided Jim with substantial experience and with key insights into the industrial space, which he brings to his current position at Alterra.

Jim began his career in private practice as an attorney in 2000 at Latham & Watkins in London, UK and Washington, DC and then at Blank Rome in Philadelphia before joining a client, StoneMor Partners (STON), as Assistant General Counsel in 2016.  In his role at StoneMor, Jim oversaw and managed all real estate and commercial matters relating to the acquisition, disposition, ownership, leasing, development and operation of 400+ properties located throughout the United States.

Jim graduated with a BS from Penn State University and a JD from Washington & Lee School of Law.  In his free time, Jim enjoys spending time with his family, traveling, being outside biking, hiking and skiing, working in his garden and having a nice meal and/or craft beer with friends.

VP Accounting & Controller

Thomas Baker

Tom Baker joined Alterra Property Group in May of 2017. As the controller, Tom is responsible for the management and oversight of the financial reporting and accounting functions of the company, as well as financial deliverables that are due to Alterra’s investment partners.

Prior to Alterra, Tom worked for several private real estate equity firms in the Philadelphia area within multiple real estate asset classes. On the public side, Tom gained extensive real estate accounting and auditing experience while working for the operations and development teams of a global real estate investment trust and as an assurance auditor for PricewaterhouseCoopers (PwC) in their asset management practice (Funds and Real Estate).

Tom holds a Bachelor’s Degree in Accounting from West Chester University and is a Certified Public Accountant for the Commonwealth of Pennsylvania.

Tom currently resides in New Jersey with his wife and three children.

VP of Development & Construction

Mark Cartella

Mark oversees the execution phase of Alterra’s real estate development and capital improvement projects including all facets of the project delivery process with a focus on design and construction.

Prior to joining Alterra, Mark worked several years in the Philadelphia Business Unit of Turner Construction Company, the largest construction management company in the world by volume, gaining unparalleled construction management expertise. After Turner, Mark worked 7 years at one of Philadelphia’s preeminent professional project management/real estate services company, Aegis Property Group. Over the course of his career, Mark has successfully managed the design and construction of various building product types ranging from highly sophisticated healthcare facilities, historic preservation/adaptive reuse buildings, higher ed/K-12 institutions, office space, and multi-family/mixed used developments with an aggregate volume valued in the billions .

Mark is a graduate of Drexel University and holds a BS in Architectural Engineering, Mechanical Concentration, as well as a dual minor in Mechanical Engineering and Construction Management. He also holds a LEED AP designation under the USGBC.

Mark was born and raised in the Philadelphia area and currently resides in South Jersey with his wife and three children.

VP - Industrial

Charlie Totten

Charlie focuses on sourcing, underwriting and acquisition due diligence for Alterra’s Industrial Outdoor Storage platform. He has 9 years of experience in the real estate industry.

Formerly at Fischer & Company, he spent his time working on all facets of strategic portfolio management and planning for numerous Fortune 500 companies through periods of both rapid network expansion and contraction. Throughout his career he has traveled extensively, leading millions of square feet of projects from inception to completion in 24 different states.

Charlie is a 2010 graduate of Georgetown University and he currently resides in Pittsburgh with his wife and son.

VP - Industrial

Mark Gannon

Mark focuses on sourcing, underwriting and acquisition due diligence for Alterra’s Industrial Outdoor Storage platform. Mark most recently served as an Associate Portfolio Manager and Senior Acquisitions Associate at Exeter Property Group, helping source and underwrite industrial transactions for Exeter’s value-add & core investment vehicle.

Prior to Exeter, Mark was an Assistant Vice President at AEW Capital Management, focused on East Coast acquisition opportunities.

Mark has a Bachelor’s degree from the University of Pennsylvania and currently resides with his wife outside of Philadelphia.

VP - Industrial

Parker Pearson

Parker focuses on sourcing, underwriting and acquisition due diligence for Alterra’s Industrial Outdoor Storage platform.

Parker has 12 years of experience in the real estate industry leading strategic business development across several asset classes. He was formerly the head of real estate for an international transportation and logistics company. Parker spent his time working on optimizing terminal locations across the country. He led all leasing, asset management and development for both the industrial and office portfolio.

Parker received a Bachelor’s of Arts in Accounting and Entrepreneurship from Miami University in Oxford, OH.

Parker resides in downtown Chicago with his wife and two children.

VP - Industrial Transactions

Carolyn Barr

Joining Alterra in February 2021 as part of the legal, acquisitions and asset management teams, Carolyn handles the management of due diligence related to acquisitions and financing for Alterra’s Industrial Outdoor Storage sites. 

Carolyn’s legal/real estate career began at law firms in Kalamazoo, MI (Legal Secretary) and then Atlanta, GA (Paralegal).  Upon moving to PA, she began working at Liberty Property Trust as a Paralegal, transitioning to Director of Due Diligence after 11 years.  She remained at Liberty until February 2020 when it was acquired by Prologis.  Most recently Carolyn worked at Capano Management Company as a Paralegal and Lease Negotiator.

Carolyn earned her BA in Psychology and Sociology from the University of Michigan and has a Paralegal Certificate.  Additionally, she is a Notary Public and a licensed Real Estate Salesperson.

VP - Asset Management

Jeff Schaeffer

Jeff oversees all asset management functions for Alterra Property Group. Prior to joining Alterra, Jeff was Vice President of Asset Management at Independence Realty Trust (NYSE: IRT), a role focused on leading strategic organizational initiatives in addition to the asset management of a diverse real estate portfolio.

Previously, he spent time in several asset management roles at Resource Real Estate, a multibillion-dollar series of privately held real estate funds, primarily focused on multifamily asset transformation through value-add redevelopment efforts. Jeff began his career as a consultant within Deloitte Consulting’s Strategy and Operations practice, focusing on organizational growth strategy and opportunities with large, global clients.

He holds a B.S. in Finance with a concentration in Real Estate from the Pennsylvania State University.

Jeff currently resides in Center City Philadelphia.

VP of Property Management

Eric Babroff

Eric joined the Alterra Property Group in the spring of 2020. Prior to Alterra he started his career as a leasing agent in Philadelphia and has since spent the past twenty years working in multiple markets including New York, Chicago, Massachusetts, and Pennsylvania. His time in the industry has given him the opportunity to enjoy projects with new construction, historic redevelopment, and renovation in high-rise and garden style communities within urban and suburban environments.

Eric is an active member of NAA holding his CAM and CAPs certifications.

He has his Bachelor’s degree from Rowan University and currently resides in Skippack Pennsylvania.

VP of Facilities & Maintenance

Greg Hicks

Greg Hicks joined the Alterra team in November 2013 with over 20 years of experience in construction and property management.

Prior to coming to Alterra Property Group, Greg rose through the ranks of larger companies like Village Green and Pinnacle Management where he had the opportunity to manage over a thousand units as well as oversee multi-million dollar capital improvement projects. As VP of Facilities & Maintenance he is responsible for overseeing all facility operations across the Alterra portfolio.

Greg likes to spend his free time in the outdoors and playing golf. He is also passionate about Philadelphia sports.

Greg has a variety of professional licenses and certifications including OSHA 30 and Philadelphia building engineers license.

VP of Human Resources 

Tisia Baynes

Tisia Baynes, the Director of Human Resources for Alterra, holds her BS in Mass Communication and Public Relations, with a minor in African American Studies, from Mansfield University, in Mansfield, Pennsylvania. She received a full scholarship to any state system school of PA, while attending George Washington High School here in Philadelphia.

Tisia has spent a vast amount of her professional career in Human Resources and Staffing, serving as Principal and VP of Human Resources for Immaculate Office Cleaning Co. LLC, a commercial janitorial cleaning company, as well as Director of Operations with Physician Billing Solutions Inc, for 12+ years.

Tisia brings to Alterra over 20 years in the Human Resources Industry, focusing on recruitment, staffing, employee relations, benefit management, training and development. For the last 8 years, Tisia served as the Human Resources Manager for a real estate developer in the Philadelphia area, building an HR Department and team. She is beyond excited to join the APG family.

Tisia, a native of Philadelphia and currently resides in the Philadelphia area.

Director of Marketing

Leah McVay

Leah McVay joined Alterra Property Group in September of 2017. She brings over 15 years of marketing and project management experience in multi-family housing, student living, and furnished corporate accommodations.

Leah is experienced in implementing innovative systems and creative strategies resulting in established brand identity, enhanced customer engagement, and lead generation. She is responsible for managing the overall marketing strategy for the residential portfolio to include digital marketing/ advertising, social media, and product launch. She brings to Alterra a strong understanding of real estate marketing, sales leadership, and team development.

Leah is a graduate of Temple University with a Bachelor’s degree in Communications.

Manager, Office & Culture

Caitlin Cottrell

Caitlin Cottrell joined Alterra in April 2019 as the Office Manager and Executive Assistant. She has an extensive background in Organizational Management, Executive Support, and Human Resources within the construction and engineering industries.

Caitlin has spent the past 10 years assisting different teams in creating more streamlined processes within the office and managing all aspects of inter-office related items.

She obtained her Bachelors of Science in Organizational Management from Colorado State University- Global Campus, and is excited to bring her extensive skills and knowledge to Alterra Property.

Caitlin currently resides in South Philadelphia with her husband and dog Ruger.