The senior management team has over 100 aggregate years of diverse, yet focused institutional real estate experience. Senior management is directly responsible for investment decisions and client communication, two factors that are integral to client satisfaction. The firm's principals act as the portfolio manager for each of our clients.

Gary Schwandt Principal

Gary Schwandt Principal

Gary is a founding member of Great Point. With his partner Joe Versaggi, he created the firm's business strategy. He oversees all client-related services including communications, financial reporting, and business development. Gary serves as a member of the Investment Committee. He is actively involved in making acquisitions for all of the firm's clients. Gary also serves as portfolio manager for two separate account clients.

Gary has over 35 years of experience as a fiduciary, including executive positions with AMRESCO Advisors, Inc., and its predecessors, including PCA Realty Advisors. He has formed two private REITs and has been involved with acquisitions and operations for two publicly traded real estate companies.

Gary holds a BA degree from Dartmouth College and an MSA from George Washington University. He is a member of the Pension Real Estate Association and a Senior Housing Council Member of the Urban Land Institute. Gary serves on the Board of Overseers at Beth Israel Deaconess Medical Center.

Joseph Versaggi Principal

Joseph Versaggi Principal

Joe is a founding member of Great Point. With his partner Gary Schwandt, he created the firm's business strategy. Joe manages asset-related activities including research, investment strategy and oversees acquisitions for Great Point, and is actively involved in making acquisitions for all of the firm's clients. He leads the firm's annual investment strategy reviews. Joe also serves as a member of the Investment Committee, and is the portfolio manager for the firm's largest separate account client.

Joe has over 25 years of experience in the areas of acquisitions, finance, dispositions, portfolio management and financial reporting, having managed the Portfolio and Asset Management Group at both AMRESCO and Barings, as well as the financial reporting group at Landauer Advisors.

Joe holds a BS degree from the Pennsylvania State University and a Masters degree from New York University. He has served as Treasurer and a member of the Board of Directors for the National Council of Real Estate Investment Fiduciaries, and is a member of the Pension Real Estate Association. Joe serves on the external advisory board of the Schreyer Honors College of the Pennsylvania State University.

Jenny Macheras CFO/Partner

Jenny Macheras CFO/Partner

Jenny oversees the accounting group and is a member of the Investment Committee. Her responsibilities include all partnership and client accounting and financial reporting. Her extensive experience with property level accounting and reporting issues makes her well suited to understanding and scrutinizing financial information provided to Great Point by property managers.

Jenny has over 25 years of real estate accounting experience. Prior to joining Great Point, Jenny worked at Property Capital Trust, a publicly traded REIT with a diversified portfolio of properties located throughout the United States. Prior to joining Property Capital Trust in 1992, Jenny was a Financial Manager for Spaulding & Slye, where she was responsible for management of all accounting and reporting functions for partnerships and third party contracts.

Jenny holds a BS in Accounting from the University of Massachusetts.

Rich Leeret Director of Asset Management/Partner

Rich Leeret Director of Asset Management/Partner

Rich oversees the asset management team and is a member of the Investment Committee. He is also directly responsible for a portfolio of approximately 1.4 million square feet of office and industrial properties in diverse markets across the country, in addition to a 350-acre joint venture industrial development. Rich's responsibilities include selecting and overseeing third-party property management and leasing firms, developing and implementing strategic asset plans, negotiating leases, evaluating and overseeing dispositions, preparing property valuations, and preparing annual client business plans.

Rich has over 20 years of experience in the areas of asset management, acquisitions, dispositions, finance and accounting. Prior to joining Great Point in 2004, Rich was Vice President of Asset Management at Cabot Properties, Inc. where he managed over $300 million of industrial properties. He began his real estate career in 1994 at Leggat McCall Properties Management, LP.

Rich holds a BA in Economics from the State University of New York at Potsdam.