Leo Addimando is a Managing Partner and Co-Founder of Alterra Property Group, LLC (“Alterra”). Over 17+ years as a real estate entrepreneur, Leo has gained experience with a diverse range of real estate product types, acquired industrial properties in 30+ US States, closed over $2.5B of real estate transactions, acquired or developed over 3,500 residential units, structured dozens of complex transactions, and overseen all aspects of numerous residential, commercial, industrial, and 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, overseas residential, mixed-use, and industrial development, and spearheads the firm’s residential/mixed-use development and investment strategy.
Previous to his career in real estate, Leo was an early employee of Orbitz.com, helping the company to develop ancillary revenue streams, the profitability of which contributed to the company’s successful 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, Ann Arbor. He is a board member and recent past President of the Building Industry Association (“BIA”) of Philadelphia, an Advisory Board member for the Port of Philadelphia, 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.
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 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).
VP - Property Management
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 - Asset Management
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 - Development & Construction
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.
Chief Financial Officer
Thomas Baker, CPA
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 - Facilities & Maintenance
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.
Director of Marketing
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.
Director of Acquisitions
Connor focuses on acquisition opportunities and asset management functions at Alterra Property Group.
Prior to joining Alterra, Connor was an Associate Asset Manager at Federal Realty Investment Trust (NYSE: FRT) since 2014 where he worked in various capacities within the company’s Metro DC and South Florida mixed-use portfolios.
Connor graduated from Villanova University where he majored in Finance and Real Estate and he resides in Philadelphia with his wife.
Director of Residential Operations
Brett joined Alterra in August of 2020 with a focus on Operations and Asset Management.
Brett previously held a similar role at the Fineberg Companies, one of the largest residential landlords in the Greater Boston area. Prior to Fineberg, he gained experience in commercial real estate finance as an analyst for Capital Crossing Servicing Company.
He earned a Bachelor’s degree in Business Management from Pennsylvania State University and is a Certified Property Manager through IREM.
He is a Boston native but currently lives in Center City.
Regional Property Manager
Teresa Steinberger joined Alterra Property Group in July of 2015. She is responsible for overseeing the day to day management and operations of multiple multifamily residential apartments and commercial properties.
With more than 15 years of property management experience, Teresa has strong administrative skills, a deep knowledge of contracts and property accounting and excellent communication skills.
Teresa is a graduate from Temple University with a Bachelor’s degree in Liberal Arts.
Director, Mixed-Use Development
Jared focuses on the management and successful delivery of Alterra’s real estate development and capital improvement projects.
Prior to joining Alterra in 2020, Jared worked at one of Philadelphia’s preeminent professional project management and real estate services company, Aegis Property Group. Jared brings with him a wealth of experience managing construction projects ranging from healthcare, multifamily, senior living, office space, highway, and airport.
Jared is a graduate of Drexel University with a Bachelor of Science in Mechanical Engineering and Mechanics. Originally from Wilkes-Barre Pennsylvania, has maintained residence in Philadelphia since arriving at Drexel, currently living in the Queen Village area.
Karly works as a Development Manager to successfully manage and execute Alterra’s real estate development projects focusing on creative design development.
Prior to joining Alterra, Karly worked with one of Philadelphia’s premier general contractors, Intech Construction, where she gained field experience in large-scale construction management. After Intech, Karly moved into the developer sector by joining the construction team at Arts + Crafts Holdings where she managed all in-house design needs.
During her career, Karly has managed a range of projects from mixed use and luxury multi-family to commercial offices and non-profit community centers; as well as RACP and LEED certified endeavors. She is most driven by the creative and loves to be involved in the design process.
Karly is a graduate of the University of Virginia School of Architecture with a B.S. in Architectural Design and is LEED AP accredited.
Zach works as a Development Manager to successfully manage and deliver Alterra’s real estate development projects, focusing on team collaboration and constructability.
Prior to joining Alterra, Zach spent nearly a decade in the Philadelphia Business Unit, Special Projects Division at Turner Construction Co., one of the largest construction management companies in the world. At Turner, Zach gained extensive experience in complex renovations and commercial construction projects. Zach has served in numerous roles including Project Engineer, Cost Engineer, and Project Superintendent, allowing him to have unique insight into many different aspects of construction. Zach was also a co-founder of Turner Philadelphia’s LGBT Employee Resource Group and was viewed as the resident expert on topics relating to engineering procedures, construction software, and cost control.
Zach is a graduate of Lehigh University’s College of Engineering & Applied Science with a B.S. in Civil Engineering and Villanova University’s College of Engineering with a M.S. in Sustainable Engineering. He is also LEED GA accredited.
Zach currently resides in Philadelphia with his partner and two dogs. When they are not working, they enjoy traveling, fine dining, and hosting their friends and family.
Senior Property Manager
Ben Bevan joined Alterra Property Group in May of 2017 as a Property Manager/Leasing Associate.
Ben has worked throughout the Philadelphia area in a variety of roles in Real Estate before joining Alterra.
He has lived in the Philadelphia area his entire life, currently residing in Graduate Hospital.
Ben is a graduate of Drexel University with Bachelor’s degree in Marketing.