Livingston Street Capital, LLC focuses on commercial real estate investments where we believe we can protect and enhance invested capital throughout multiple economic cycles. We accomplish this through a practical approach to investing and asset management while maintaining an intense focus on business fundamentals.
Essential to our success is the creation of a positive environment for our tenants and the communities where we invest. We expect all of our employees to contribute to a respectful and rewarding culture while demanding the very best in everyone.
Ultimately we judge our success not only by the quantitative results we achieve but also by the professional and ethical way we achieve them.
Livingston Street Capital, LLC is a fully integrated boutique real estate-focused investment firm led by a highly experienced team of professionals. Collectively our leadership team has led more than $20 billion of commercial real estate transactions and bring more than 75 years of experience to each investment.
We focus on what we consider essential versus discretionary investing, and therefore we currently acquire multifamily, healthcare and mission critical properties. We believe our investment philosophy is the best approach to protecting and enhancing invested capital.
We have a highly flexible business model that is free from bureaucracy, and is therefore well positioned to react to market opportunities.
Our Team’s Track Record
The track record reflected above includes that of the sponsors and certain executives individually.
Our management team comprises a group of executives from diverse backgrounds with significant real estate investment, corporate finance and financial services experience.
Throughout their career, our team has completed more than $20 billion in real estate transactions, including acquisitions, development, repositioning, leasing, capital raising, mergers and acquisitions, leveraged buy-outs and portfolio recapitalizations.
Most recently, Livingston’s top executives have acquired or developed a portfolio of real estate investments in excess of $700 million, while also successfully completing more than $250 million of dispositions.
Peter Scola is a leading executive in the commercial real estate and finance industry in the United States. He has completed more than $20 billion in real estate transactions over the course of his career to date. His experience includes direct equity investment, mergers and acquisitions, joint venture structuring, capital raising and asset repositioning. Additionally, Peter has significant financial services and equity and debt capital markets experience. This experience affords Peter a unique perspective on the total lifecycle of an investment as well as its capitalization.
Most recently a senior executive of Cantor Fitzgerald & Co and co-founder of Cantor Commercial Real Estate L.P., Peter has held executive positions with Bank of America, Fitch Ratings, Merrill Lynch, and Wells Fargo Securities, and has worked with major clients such as The Blackstone Group as well as several public and private real estate investment trusts. Peter has also built a personal portfolio of real estate investments that are predominantly value-add acquisitions.
Peter holds a degree in international business and finance from American University in Washington, D.C., where he received several academic awards and scholarships. He has also served as a guest speaker for Master’s level real estate programs at Columbia University, NYU and UNC–Chapel Hill.
Joseph L. Fox
Joe Fox is a successful real estate investor with more than 30 years of real estate experience including acquisition, asset management, disposition and structured finance, and complex joint venture structuring experience.
Joe is the co-founder of Shelbourne Capital LLC, an opportunistic real estate investment firm that focuses on thematic investment in the commercial real estate sector. Joe successfully focused the firm on several opportunistic investments and accumulated more than $700 million in assets since its inception. These strategies include housing, healthcare and hospitality. Recently, Joe has helped facilitate the disposition of more than $250 million in assets, achieving internal rates of return to date in excess of 30%.
Joe began his career with CBRE focusing on highly complex and large-scale transactions. He served in senior leadership roles at Pitcairn Properties, where he led capital raising and joint venture structures. After Pitcairn, Joe was named head of global real estate at a Dublin-based private equity firm that managed more than €1 billion in investments. Throughout his career, Joe has led more than $2 billion of real estate investments.
Joe is a graduate of St. Joseph’s University in Philadelphia, PA. He also Chairs the Board of St. Malachy School in North Philadelphia.
Jason R. Ladavac
Jason Ladavac has nearly 20 years of real estate and structured finance experience, and has been integrally involved in the sourcing, execution, analysis, and asset management of over $2 billion of commercial real estate acquisitions so far in his career.
Jason serves as a Director with Shelbourne Capital LLC, and has been a key member of the firm since its inception. He previously held executive positions with a Dublin-based private equity firm, JER Partners in Washington, D.C., Citigroup’s Global Corporate and Investment Bank in New York City, and The Transportation Group (Capital) Limited in London and New York City.
Jason graduated from the Wharton School of the University of Pennsylvania.
Jason I. Zisser
Jason Zisser has 30 years of comprehensive real estate experience spanning property-level operations and financial management, acquisition due diligence, financial structuring and analysis, investment strategy formulation, asset management, and investor relations.
Throughout his career, Jason has worked on behalf of numerous private equity real estate investment firms, a housing consulting firm, and institutional property management firms.
Jason holds a master’s degree in finance and real estate and a bachelor’s degree in urban studies and economics from Temple University.
Marianne M. Menapace
Marianne Menapace has over 35 years of experience in commercial real estate finance and accounting. She specializes in financial reporting, cash management, corporate and property budgeting, and working with the acquisitions team to coordinate the closing of capital transactions.
Marianne has held senior-level positions with Philadelphia-based Shelbourne Capital, and with Pitcairn Properties.
She holds a degree in accounting from Arcadia University.
Robert A. Fox
Bob Fox has extensive and multifaceted experience in real estate investment brokerage. He is highly proficient in the evaluation, acquisition, redevelopment and disposition of all asset classes related to commercial real estate.
Bob has also been integral in numerous lease transactions on behalf of owners and tenants focused mainly in the Northeastern U.S. He has advised or represented institutional and high-net- worth clients on more than $300 million of commercial real estate transactions.
Bob is focused on relationships with investment sales professionals throughout the United States. He works on all asset classes with a specific emphasis on healthcare, mission critical and strategic uses.