Mr. Ricci is a Founding and Managing Principal of Coretrust, and sits on the Management and Investment Committees. He is responsible for planning, architecture, construction, community and government relations, development and marketing. He has over 30 million SF of development, entitlement, and redevelopment experience.
Learn about Tom Ricci’s real estate career and how Coretrust Capital Partners is redeveloping large office buildings.
We were implementing a succession plan. Jim Thomas was approximately 20 years older than the three partners: John Sischo, Randy Scott and myself. Jim ultimately decided … (on) merging the firm with another firm. That happened in December of 2013. Although the three of us didn’t want that to happen, it’s ultimately what did happen.
It was at that point that we decided that we would stick together and start Coretrust Capital Partners. … We raised our first fund of about $290 million from seven pension funds in 2015 and started acquiring assets in 2016.