The Firm

Established in 2006, Mast Capital is a value-oriented real estate investment company with integrated development and asset management teams. Mast has made successful acquisitions in the residential, hospitality, office, retail and land sectors, and targets opportunistic and value-add investments in existing property, ground-up development, distressed real estate, and note purchases. Mast’s robust infrastructure provides institutional-quality management in all facets of the investment process, while its discretionary capital sources allow Mast to act quickly compared to its competitors.

Investment Philosophy

Mast’s overarching investment philosophy is to maximize risk-adjusted returns for each investment and employ a holistic approach to value creation, which includes aggressive asset management, preservation of optionality, and continual exit evaluation. Mast believes that adherence to its investment philosophy has enabled it to make a series of successful investments through various market cycles. 

Investment Process

Mast utilizes a thorough and disciplined investment process, tested and proven over years of experience. Mast begins the acquisition process by leveraging its market intelligence, which allows it to identify favorable opportunities through its carefully cultivated network.  Mast conducts comprehensive analyses to identify and stress-test key variables to protect against downside scenarios. After completing its diligence, Mast employs a sophisticated approach to structuring its acquisitions, maximizing value to its investors while providing creativity and flexibility to sellers and other third-parties to effectuate often complex transactions. Once an investment is closed, Mast continually assesses its operations to uncover value creation opportunities and execute the business plan.

Our Team

Mast is privately held and led by a senior management team with over 60 years of combined real estate experience and transactions totaling more than $3.5 billion. The Firm is headquartered in Miami and is 100% dedicated to real estate investment and development.

Camilo Miguel Jr.
Chief Executive Officer and Founder
Jordan Kornberg
Managing Director, Acquisitions
Cassie Resnick
Managing Director

Camilo Miguel Jr.

Chief Executive Officer and Founder
Mr. Miguel founded Mast Capital in 2006 and serves as its Chief Executive Officer.  He has ultimate responsibility for Mast Capital’s investment strategy, risk management and operations.

He has an extensive real estate, financial and political network, with expertise in investment structuring, complex debt and equity products, execution and development.  Under Mr. Miguel’s leadership, Mast Capital is a leading investor and developer of high-end for-sale residential, hospitality, office and retail projects, with a particular focus in high barriers-to-entry markets.  Prior to founding Mast, Mr. Miguel was Founder and President of Vertica Group, a land investment and repositioning company, where he oversaw all aspects of the businesses, including acquisitions, entitlements, operations and asset management. Previously, he co-founded Clear Title Group, a boutique real estate title insurance company focused on offering closing services to luxury condominium and home developers, buyers and sellers.

Mr. Miguel received his Bachelor of Business Management degree from the University of Miami. Amongst other substantial community and philanthropic involvement Mr. Miguel sits on the Board of Friends of the Underline, on the Real Estate Advisory Board at the University of Miami, Perez Art Museum Collectors Council, the Advisory Board for the Urban Land Institute (ULI) South East Florida, and an Urban Development and Mixed-Use Council (UDMUC) Red national council Member of the ULI.

Jordan Kornberg

Managing Director, Acquisitions
Mr. Kornberg serves as Managing Director and Head of Acquisitions for Mast Capital. In this capacity, he is responsible for identifying and evaluating investment transactions and collaborating with Mast’s functional groups on asset management, development, and disposition decisions.

Mr. Kornberg is a seasoned real estate professional with over $2 billion of single asset and portfolio transaction experience. Prior to joining Mast, Mr. Kornberg was a Managing Director at Northwood Investors, a privately-held global real estate investment firm, where he was responsible for evaluating real estate equity and debt investment opportunities. During his approximately 10 years at Northwood, he executed acquisitions, obtained financing, oversaw capital projects, and improved operating performance across the firm’s hospitality portfolio. Prior to Northwood, Mr. Kornberg worked in the Real Estate, Gaming, Lodging and Leisure Investment Banking group at Deutsche Bank and focused on corporate advisory assignments, capital markets transactions, and mergers and acquisitions primarily within the hospitality and gaming sectors.  

Mr. Kornberg is an active member of the American Hotel & Lodging Association (AHLA) Investment Roundtable.  Mr. Kornberg received his Bachelor of Science degree in Economics, Magna Cum Laude, from Duke University.

Cassie Resnick

Managing Director
Ms. Resnick serves as Managing Director. In this capacity, she provides oversight to all of the firm’s investments, asset management activities and business plan execution. Cassie is also involved in all facets of the acquisition, disposition and financing processes for the firm.

Prior to joining Mast, Ms. Resnick was an Associate at Jones Lang LaSalle Hotels in New York. During her tenure at JLL, she provided advisory and disposition services on hospitality and mixed-use assets valued in excess of $5 billion. Additionally, she was responsible for underwriting equity and debt transactions ranging in size from $50 million to $1 billion across recapitalization, restructuring and other value recovery strategies for non-performing positions. Prior to JLL, Ms. Resnick was an Analyst at WR Hambrecht + Co., a San Francisco-based investment bank where she evaluated initial and secondary equity offerings, and merger and acquisitions opportunities for technology-focused companies. Previously, Mr. Resnick was an Intern at Ernst and Young where she analyzed hotel markets and worked on feasibility studies.

Ms. Resnick received her Bachelor of Science degree in Hotel Administration from Cornell University. She is often a guest lecturer at FIU’s hospitality master’s program, actively participates in the South Florida Chapter of the Cornell Hotel Society, Pi Beta Phi fraternity for Women, and Renew, a real estate network empowering women. Ms. Resnick Cassie came in first place in the New York Road Runners 31st Annual NYRR Empire State Building Run-up. She also holds a Series 7 license as well as a Real Estate Salesperson license in New York. Ms. Resnick spends time volunteering at Tribe events and is an active supporter of Kiva, an international nonprofit founded in 2005 that connects people through lending to alleviate poverty.
Eran Landry
Managing Director
Michael Patrizio
Managing Director
Jabree Brooks
Chief Financial Officer

Eran Landry

Managing Director
Mr. Landry is Managing Director of Multifamily Development for Mast Capital.  In this capacity, he is responsible for executing the firm’s ground up multifamily and mixed-use development activities. 

Mr. Landry has been involved in all facets of real estate development for over 15 years to include: sourcing, land acquisition, design, entitlements, financing, and construction through lease-up activity.   Prior to joining Mast, he was the Vice President of Development for Mill Creek’s North Florida Division where he led regional development of multifamily communities.

Prior to Mill Creek, Eran was a development executive for Ram Realty Services based in South Florida.  He also served in the same capacity in Washington D.C. for a public REIT, Home Properties, Inc. and ultimately began his career with Kettler, executing both rental apartment and for sale condominium communities in the Mid-Atlantic.  Throughout his career, he has been actively involved in the development of 5,000+ apartments across the Mid-Atlantic, Central and South Florida regions with a capitalization in excess of $1 billion.

Eran received a Bachelor of Arts degree in Urban Studies from Stanford University as a scholarship student-athlete, and a Master of Real Estate from Georgetown University. He is a member of Urban Land Institute and also a LEED Accredited Professional.

Michael Patrizio

Managing Director
Mr. Patrizio leads development and business plan execution for the Firm’s for-sale residential development projects and select urban multifamily transactions.

Mr. Patrizio is a seasoned real estate executive with nearly 25 years of experience spanning development, design and construction, and sales/marketing. Over his career, Mr. Patrizio has led projects totaling more than $6 billion in sales and 5 million net sellable square feet of residential space. Prior to joining Mast, he was Senior Vice President of Development for Newgard where he led the Natiivo Miami project. Previously, Mr. Patrizio was Director of Urban Development with Terra Group and executed on projects providing approximately 2 million sellable square feet of for-sale residential resulting in more than $1.8 billion in sales. Mr. Patrizio has also held leadership positions with Qatari Diar, the wholly-owned real estate subsidiary of sovereign wealth fund Qatar Investment Authority. As CEO of Qatari Diar United Kingdom Ltd., he was responsible for a portfolio of landmark properties in London valued at over $18 billion, including the 13-acre Chelsea Barracks, the U.S. Embassy in Grosvenor Square, and more than 1,400 rental apartments at the London Olympic Athletes Village.

Mr. Patrizio received his Bachelor of Arts degree in Architecture with a minor in Business Administration & Finance from the University of Miami. He has been a member of the board of directors of numerous UK companies and is an active supporter of the University of Miami.

Jabree Brooks

Chief Financial Officer
Mr. Brooks serves as the Chief Financial Officer of Mast Capital. In this capacity, Mr. Brooks oversees the firm’s financial functions, including accounting, audit, treasury, and tax. He reports to the founder and CEO and provides financial guidance to the firm and its leadership team.

Prior to joining Mast, Mr. Brooks was the Chief Financial Officer for Six Peak Capital. During his time at Six Peak, Mr. Brooks scaled the company’s financial reporting capabilities as Six Peak’s assets under management grew to over $1 billion and the company expanded to six major markets across the United States. Mr. Brooks was responsible for Six Peak’s financial reporting, investor relations, and fundraising for development projects. Prior to Six Peak, Mr. Brooks was the CFO of the Metro Group where he was instrumental in completing three acquisitions under his leadership and implementing several revenue growth initiatives. Prior to the Metro Group, Mr. Brooks held several leadership roles at JPMorgan, UBS, and Ernst & Young.

Mr. Brooks received a Master of Science degree in Accounting from the University of Virginia. He also received a Bachelor of Science degree in Accounting, Cum Laude, and a Minor in Entrepreneurship from Villanova University. Mr. Brooks is a CFA® Charterholder and a Certified Public Accountant.
Carlos Casal
Senior Vice President, Construction
Terry Fraser-Reid
Senior Vice President, Development
Joseph Ianoale
Vice President, Acquisitions & Asset Management

Carlos Casal

Senior Vice President, Construction
Mr. Casal serves as Senior Vice President of Construction.  In this capacity, he is involved in all facets of the Firm’s construction-related projects and works closely with Mast Capital’s development teams on ground-up and value-add transactions. 

Mr. Casal is a seasoned construction and real estate development professional with over 20 years of experience and has led multiple large-scale projects from concept through occupancy.  Additionally, he has led project design development and construction document production, developed relationships with state and local municipalities, selected and procured bulk commodities, and negotiated and managed various contracts and teams.  Prior to joining Mast, Mr. Casal was Construction Manager at The Related Group, a privately held real estate development company based in Miami, FL, where he led notable residential and hotel transactions with total budgets in excess of $1 billion and completion of over 1,500 for-sale residential, commercial and condo hotel units.  Prior to Related, Mr. Casal was Senior Project Manager with OHL Arellano, the vertical construction unit of OHL North America that specializes in healthcare facilities, universities, and commercial buildings throughout the Southeast.  Select projects that Mr. Casal oversaw included University of Miami, Cox Neuroscience & Health Center and the Miami AirportLink Metrorail.  Previously, he was with Turner Construction Company and held various positions including Senior Project Manager, Senior Estimator, and Project Engineer.

Mr. Casal received his Bachelor of Science degree in Construction Management from Florida International University.  He is a LEED Accredited Professional (AP) and has completed the OSHA 30-hour Construction Training Certification.  He is a member of the South Florida Associated General Contractors’ Board of Directors and participates on the U.S. Green Building Council.

Terry Fraser-Reid

Senior Vice President, Development
Mr. Fraser-Reid serves as Senior Vice President of Development. In this capacity, he will spearhead the company’s development of major mixed-use urban development projects.

Mr. Fraser-Reid brings to Mast Capital over 20 years of experience managing urban mixed-use, residential, and workspace developments in the U.S. and Canada. Prior to joining Mast Capital, he served as Vice President Development at Cadillac Fairview, where he led the master development, and initial residential and office phase development, for the 4 million square-foot Quad Windsor district in downtown Montreal.

Previously, Mr. Fraser-Reid served as Director of Development with Hines, where he led the completion of a 1 million square-foot office building in downtown Minneapolis, opened the company’s first Canadian office, and directed office and urban neighborhood development projects in Montreal and Toronto. Mr. Fraser-Reid also spent several years as an Associate with EDAW (now an affiliate of AECOM), where he oversaw neighborhood revitalization and master planning, and sports facility projects throughout North America.

Mr. Fraser-Reid received his Bachelor of Arts (Honours) degree from Queen’s University in Kingston, Ontario, and subsequently received a Master of City Planning degree from the Massachusetts Institute of Technology and his Master of Business Administration from the University of California Berkeley. He has been a guest lecturer at Queen’s University’s Smith School of Business and is a member of the Urban Land Institute.

Joseph Ianoale

Vice President, Acquisitions & Asset Management
Mr. Ianoale serves as Vice President of Acquisitions and Asset Management. In this capacity, he is involved in all facets of the Firm’s investment management activities, including but not limited to: sourcing and underwriting of investment opportunities, acquisitions, execution of business plans, asset management, collaboration with joint venture and other partners, and the disposition of investments.

Prior to joining Mast, Mr. Ianoale was a Vice President at LEM Capital in Philadelphia. During his tenure at LEM, he was responsible for the acquisition and asset management of over $500 million of multifamily assets across the country, and contributed to the firm’s capital raising efforts. Prior to LEM, Mr. Ianoale was an Associate at Wells Fargo Securities in the Investment Banking-Infrastructure Public Finance Group, where his experience included structuring and executing public/private market debt solutions and derivative transactions for large governments, transportation, and higher education issuers.

Mr. Ianoale received his Bachelor of Science in Finance from the College of Business and Economics at Lehigh University.
Michael Tang
Vice President, Acquisitions & Asset Management
Christina Cuervo
Executive Director, Development and Acquisitions
Alexandra Ochoa
Director, Accounting and Finance

Michael Tang

Vice President, Acquisitions & Asset Management
Mr. Tang works alongside the Firm’s acquisition and asset management teams in identifying and underwriting new investment opportunities, and the execution of property business plans.

Prior to joining Mast, Mr. Tang was a Manager in PricewaterhouseCooper’s Real Estate and Hospitality advisory group in Miami, FL where he was responsible for transaction due diligence, development studies, asset monitoring, and valuations for hotel and mixed-use properties in the U.S., Caribbean, and Latin America.  Prior to PwC, Mr. Tang was a Consultant at L.E.K. Consulting in Boston, MA where he led commercial due diligence on companies with combined enterprise value of more than $30 billion on behalf of private equity firms and hedge funds.  Previously, Mr. Tang was an Associate at Jones Lang LaSalle Hotels in New York City and provided development advisory, transactions advisory, and asset management for hotels and mixed-use real estate.

Mr. Tang received his Bachelor of Science degree in Hotel Administration from Cornell University and his MBA from Columbia Business School.

Christina Cuervo

Executive Director, Development and Acquisitions
Ms. Cuervo serves as Executive Director of Development and Acquisitions. In this capacity, she is actively involved in the due diligence, entitlement, design, and development of the Firm’s development and value-add projects. Ms. Cuervo also leads the firms’ special projects, community relations, and governmental matters.

Prior to joining Mast Capital, Ms. Cuervo was Chief Operating Officer at The Development Group of Florida where she was responsible for the entitlement, design, and development of marquee condominium projects including Icon Brickell, One Ocean, and Marea.  Prior to The Development Group, she served as Assistant City Manager to the City of Miami Beach where she oversaw several development agencies, planning and cultural departments.  Previously, she was also an Assistant City Manager for the City of Miami where she was responsible for overseeing and coordinating real estate development and regulatory functions, financial divisions, and administrative departments for the City.

Ms. Cuervo received her Bachelor of Science in Business Administration degree with a double major in Finance and International Business from Georgetown University.

Alexandra Ochoa

Director, Accounting and Finance
Ms. Ochoa serves as Director of Accounting and Finance, where she provides oversight of the Firm’s fund administration, accounting and finance activities.

Prior to joining Mast Capital, Ms. Ochoa was Vice President of Fund Accounting at SS&C ALPS and a leader of its Hedge Fund Services and Family Office Services businesses. Ms. Ochoa also served as the Head of the custom investor reporting and had extensive responsibility for overseeing large teams.

Ms. Ochoa has developed an expertise in complex fund structures and trading strategies, including fixed income and litigation finance investments. Ms. Ochoa was instrumental in the growth and success of SS&C ALPS and its predecessor, Kaufman Rossin Fund Services.
Camilo Miguel Jr.
Chief Executive Officer and Founder
Jordan Kornberg
Managing Director, Acquisitions

Camilo Miguel Jr.

Chief Executive Officer and Founder
Mr. Miguel founded Mast Capital in 2006 and serves as its Chief Executive Officer.  He has ultimate responsibility for Mast Capital’s investment strategy, risk management and operations.

He has an extensive real estate, financial and political network, with expertise in investment structuring, complex debt and equity products, execution and development.  Under Mr. Miguel’s leadership, Mast Capital is a leading investor and developer of high-end for-sale residential, hospitality, office and retail projects, with a particular focus in high barriers-to-entry markets.  Prior to founding Mast, Mr. Miguel was Founder and President of Vertica Group, a land investment and repositioning company, where he oversaw all aspects of the businesses, including acquisitions, entitlements, operations and asset management. Previously, he co-founded Clear Title Group, a boutique real estate title insurance company focused on offering closing services to luxury condominium and home developers, buyers and sellers.

Mr. Miguel received his Bachelor of Business Management degree from the University of Miami. Amongst other substantial community and philanthropic involvement Mr. Miguel sits on the Board of Friends of the Underline, on the Real Estate Advisory Board at the University of Miami, Perez Art Museum Collectors Council, the Advisory Board for the Urban Land Institute (ULI) South East Florida, and an Urban Development and Mixed-Use Council (UDMUC) Red national council Member of the ULI.

Jordan Kornberg

Managing Director, Acquisitions
Mr. Kornberg serves as Managing Director and Head of Acquisitions for Mast Capital. In this capacity, he is responsible for identifying and evaluating investment transactions and collaborating with Mast’s functional groups on asset management, development, and disposition decisions.

Mr. Kornberg is a seasoned real estate professional with over $2 billion of single asset and portfolio transaction experience. Prior to joining Mast, Mr. Kornberg was a Managing Director at Northwood Investors, a privately-held global real estate investment firm, where he was responsible for evaluating real estate equity and debt investment opportunities. During his approximately 10 years at Northwood, he executed acquisitions, obtained financing, oversaw capital projects, and improved operating performance across the firm’s hospitality portfolio. Prior to Northwood, Mr. Kornberg worked in the Real Estate, Gaming, Lodging and Leisure Investment Banking group at Deutsche Bank and focused on corporate advisory assignments, capital markets transactions, and mergers and acquisitions primarily within the hospitality and gaming sectors.  

Mr. Kornberg is an active member of the American Hotel & Lodging Association (AHLA) Investment Roundtable.  Mr. Kornberg received his Bachelor of Science degree in Economics, Magna Cum Laude, from Duke University.
Cassie Resnick
Managing Director
Eran Landry
Managing Director

Cassie Resnick

Managing Director
Ms. Resnick serves as Managing Director. In this capacity, she provides oversight to all of the firm’s investments, asset management activities and business plan execution. Cassie is also involved in all facets of the acquisition, disposition and financing processes for the firm.

Prior to joining Mast, Ms. Resnick was an Associate at Jones Lang LaSalle Hotels in New York. During her tenure at JLL, she provided advisory and disposition services on hospitality and mixed-use assets valued in excess of $5 billion. Additionally, she was responsible for underwriting equity and debt transactions ranging in size from $50 million to $1 billion across recapitalization, restructuring and other value recovery strategies for non-performing positions. Prior to JLL, Ms. Resnick was an Analyst at WR Hambrecht + Co., a San Francisco-based investment bank where she evaluated initial and secondary equity offerings, and merger and acquisitions opportunities for technology-focused companies. Previously, Mr. Resnick was an Intern at Ernst and Young where she analyzed hotel markets and worked on feasibility studies.

Ms. Resnick received her Bachelor of Science degree in Hotel Administration from Cornell University. She is often a guest lecturer at FIU’s hospitality master’s program, actively participates in the South Florida Chapter of the Cornell Hotel Society, Pi Beta Phi fraternity for Women, and Renew, a real estate network empowering women. Ms. Resnick Cassie came in first place in the New York Road Runners 31st Annual NYRR Empire State Building Run-up. She also holds a Series 7 license as well as a Real Estate Salesperson license in New York. Ms. Resnick spends time volunteering at Tribe events and is an active supporter of Kiva, an international nonprofit founded in 2005 that connects people through lending to alleviate poverty.

Eran Landry

Managing Director
Mr. Landry is Managing Director of Multifamily Development for Mast Capital.  In this capacity, he is responsible for executing the firm’s ground up multifamily and mixed-use development activities. 

Mr. Landry has been involved in all facets of real estate development for over 15 years to include: sourcing, land acquisition, design, entitlements, financing, and construction through lease-up activity.   Prior to joining Mast, he was the Vice President of Development for Mill Creek’s North Florida Division where he led regional development of multifamily communities.

Prior to Mill Creek, Eran was a development executive for Ram Realty Services based in South Florida.  He also served in the same capacity in Washington D.C. for a public REIT, Home Properties, Inc. and ultimately began his career with Kettler, executing both rental apartment and for sale condominium communities in the Mid-Atlantic.  Throughout his career, he has been actively involved in the development of 5,000+ apartments across the Mid-Atlantic, Central and South Florida regions with a capitalization in excess of $1 billion.

Eran received a Bachelor of Arts degree in Urban Studies from Stanford University as a scholarship student-athlete, and a Master of Real Estate from Georgetown University. He is a member of Urban Land Institute and also a LEED Accredited Professional.
Michael Patrizio
Managing Director
Jabree Brooks
Chief Financial Officer

Michael Patrizio

Managing Director
Mr. Patrizio leads development and business plan execution for the Firm’s for-sale residential development projects and select urban multifamily transactions.

Mr. Patrizio is a seasoned real estate executive with nearly 25 years of experience spanning development, design and construction, and sales/marketing. Over his career, Mr. Patrizio has led projects totaling more than $6 billion in sales and 5 million net sellable square feet of residential space. Prior to joining Mast, he was Senior Vice President of Development for Newgard where he led the Natiivo Miami project. Previously, Mr. Patrizio was Director of Urban Development with Terra Group and executed on projects providing approximately 2 million sellable square feet of for-sale residential resulting in more than $1.8 billion in sales. Mr. Patrizio has also held leadership positions with Qatari Diar, the wholly-owned real estate subsidiary of sovereign wealth fund Qatar Investment Authority. As CEO of Qatari Diar United Kingdom Ltd., he was responsible for a portfolio of landmark properties in London valued at over $18 billion, including the 13-acre Chelsea Barracks, the U.S. Embassy in Grosvenor Square, and more than 1,400 rental apartments at the London Olympic Athletes Village.

Mr. Patrizio received his Bachelor of Arts degree in Architecture with a minor in Business Administration & Finance from the University of Miami. He has been a member of the board of directors of numerous UK companies and is an active supporter of the University of Miami.

Jabree Brooks

Chief Financial Officer
Mr. Brooks serves as the Chief Financial Officer of Mast Capital. In this capacity, Mr. Brooks oversees the firm’s financial functions, including accounting, audit, treasury, and tax. He reports to the founder and CEO and provides financial guidance to the firm and its leadership team.

Prior to joining Mast, Mr. Brooks was the Chief Financial Officer for Six Peak Capital. During his time at Six Peak, Mr. Brooks scaled the company’s financial reporting capabilities as Six Peak’s assets under management grew to over $1 billion and the company expanded to six major markets across the United States. Mr. Brooks was responsible for Six Peak’s financial reporting, investor relations, and fundraising for development projects. Prior to Six Peak, Mr. Brooks was the CFO of the Metro Group where he was instrumental in completing three acquisitions under his leadership and implementing several revenue growth initiatives. Prior to the Metro Group, Mr. Brooks held several leadership roles at JPMorgan, UBS, and Ernst & Young.

Mr. Brooks received a Master of Science degree in Accounting from the University of Virginia. He also received a Bachelor of Science degree in Accounting, Cum Laude, and a Minor in Entrepreneurship from Villanova University. Mr. Brooks is a CFA® Charterholder and a Certified Public Accountant.
Carlos Casal
Senior Vice President, Construction
Terry Fraser-Reid
Senior Vice President, Development

Carlos Casal

Senior Vice President, Construction
Mr. Casal serves as Senior Vice President of Construction.  In this capacity, he is involved in all facets of the Firm’s construction-related projects and works closely with Mast Capital’s development teams on ground-up and value-add transactions. 

Mr. Casal is a seasoned construction and real estate development professional with over 20 years of experience and has led multiple large-scale projects from concept through occupancy.  Additionally, he has led project design development and construction document production, developed relationships with state and local municipalities, selected and procured bulk commodities, and negotiated and managed various contracts and teams.  Prior to joining Mast, Mr. Casal was Construction Manager at The Related Group, a privately held real estate development company based in Miami, FL, where he led notable residential and hotel transactions with total budgets in excess of $1 billion and completion of over 1,500 for-sale residential, commercial and condo hotel units.  Prior to Related, Mr. Casal was Senior Project Manager with OHL Arellano, the vertical construction unit of OHL North America that specializes in healthcare facilities, universities, and commercial buildings throughout the Southeast.  Select projects that Mr. Casal oversaw included University of Miami, Cox Neuroscience & Health Center and the Miami AirportLink Metrorail.  Previously, he was with Turner Construction Company and held various positions including Senior Project Manager, Senior Estimator, and Project Engineer.

Mr. Casal received his Bachelor of Science degree in Construction Management from Florida International University.  He is a LEED Accredited Professional (AP) and has completed the OSHA 30-hour Construction Training Certification.  He is a member of the South Florida Associated General Contractors’ Board of Directors and participates on the U.S. Green Building Council.

Terry Fraser-Reid

Senior Vice President, Development
Mr. Fraser-Reid serves as Senior Vice President of Development. In this capacity, he will spearhead the company’s development of major mixed-use urban development projects.

Mr. Fraser-Reid brings to Mast Capital over 20 years of experience managing urban mixed-use, residential, and workspace developments in the U.S. and Canada. Prior to joining Mast Capital, he served as Vice President Development at Cadillac Fairview, where he led the master development, and initial residential and office phase development, for the 4 million square-foot Quad Windsor district in downtown Montreal.

Previously, Mr. Fraser-Reid served as Director of Development with Hines, where he led the completion of a 1 million square-foot office building in downtown Minneapolis, opened the company’s first Canadian office, and directed office and urban neighborhood development projects in Montreal and Toronto. Mr. Fraser-Reid also spent several years as an Associate with EDAW (now an affiliate of AECOM), where he oversaw neighborhood revitalization and master planning, and sports facility projects throughout North America.

Mr. Fraser-Reid received his Bachelor of Arts (Honours) degree from Queen’s University in Kingston, Ontario, and subsequently received a Master of City Planning degree from the Massachusetts Institute of Technology and his Master of Business Administration from the University of California Berkeley. He has been a guest lecturer at Queen’s University’s Smith School of Business and is a member of the Urban Land Institute.
Joseph Ianoale
Vice President, Acquisitions & Asset Management
Michael Tang
Vice President, Acquisitions & Asset Management

Joseph Ianoale

Vice President, Acquisitions & Asset Management
Mr. Ianoale serves as Vice President of Acquisitions and Asset Management. In this capacity, he is involved in all facets of the Firm’s investment management activities, including but not limited to: sourcing and underwriting of investment opportunities, acquisitions, execution of business plans, asset management, collaboration with joint venture and other partners, and the disposition of investments.

Prior to joining Mast, Mr. Ianoale was a Vice President at LEM Capital in Philadelphia. During his tenure at LEM, he was responsible for the acquisition and asset management of over $500 million of multifamily assets across the country, and contributed to the firm’s capital raising efforts. Prior to LEM, Mr. Ianoale was an Associate at Wells Fargo Securities in the Investment Banking-Infrastructure Public Finance Group, where his experience included structuring and executing public/private market debt solutions and derivative transactions for large governments, transportation, and higher education issuers.

Mr. Ianoale received his Bachelor of Science in Finance from the College of Business and Economics at Lehigh University.

Michael Tang

Vice President, Acquisitions & Asset Management
Mr. Tang works alongside the Firm’s acquisition and asset management teams in identifying and underwriting new investment opportunities, and the execution of property business plans.

Prior to joining Mast, Mr. Tang was a Manager in PricewaterhouseCooper’s Real Estate and Hospitality advisory group in Miami, FL where he was responsible for transaction due diligence, development studies, asset monitoring, and valuations for hotel and mixed-use properties in the U.S., Caribbean, and Latin America.  Prior to PwC, Mr. Tang was a Consultant at L.E.K. Consulting in Boston, MA where he led commercial due diligence on companies with combined enterprise value of more than $30 billion on behalf of private equity firms and hedge funds.  Previously, Mr. Tang was an Associate at Jones Lang LaSalle Hotels in New York City and provided development advisory, transactions advisory, and asset management for hotels and mixed-use real estate.

Mr. Tang received his Bachelor of Science degree in Hotel Administration from Cornell University and his MBA from Columbia Business School.
Christina Cuervo
Executive Director, Development and Acquisitions
Alexandra Ochoa
Director, Accounting and Finance

Christina Cuervo

Executive Director, Development and Acquisitions
Ms. Cuervo serves as Executive Director of Development and Acquisitions. In this capacity, she is actively involved in the due diligence, entitlement, design, and development of the Firm’s development and value-add projects. Ms. Cuervo also leads the firms’ special projects, community relations, and governmental matters.

Prior to joining Mast Capital, Ms. Cuervo was Chief Operating Officer at The Development Group of Florida where she was responsible for the entitlement, design, and development of marquee condominium projects including Icon Brickell, One Ocean, and Marea.  Prior to The Development Group, she served as Assistant City Manager to the City of Miami Beach where she oversaw several development agencies, planning and cultural departments.  Previously, she was also an Assistant City Manager for the City of Miami where she was responsible for overseeing and coordinating real estate development and regulatory functions, financial divisions, and administrative departments for the City.

Ms. Cuervo received her Bachelor of Science in Business Administration degree with a double major in Finance and International Business from Georgetown University.

Alexandra Ochoa

Director, Accounting and Finance
Ms. Ochoa serves as Director of Accounting and Finance, where she provides oversight of the Firm’s fund administration, accounting and finance activities.

Prior to joining Mast Capital, Ms. Ochoa was Vice President of Fund Accounting at SS&C ALPS and a leader of its Hedge Fund Services and Family Office Services businesses. Ms. Ochoa also served as the Head of the custom investor reporting and had extensive responsibility for overseeing large teams.

Ms. Ochoa has developed an expertise in complex fund structures and trading strategies, including fixed income and litigation finance investments. Ms. Ochoa was instrumental in the growth and success of SS&C ALPS and its predecessor, Kaufman Rossin Fund Services.

Competitive Advantages

Combining an entrepreneurial approach with institutional practices and infrastructure, Mast has gained a reputation for excellence in both real estate development and fund management.

Assured Capitalization

Mast Capital's discretionary capital differentiates it from other real estate operator/developers, and enables it to work in partnership with property sellers and offer them the certainty of a quick closing. Additionally, Mast has partnered with some of the most respected institutional private equity funds.

Breadth of Experience

With over 45 years of combined experience in its senior management team and principals, Mast has the ability to pivot to various real estate asset classes, across the capital stack, at any point in the market cycle.

Vertical Integration

Mast’s in-house acquisition, development, construction and asset management teams work together seamlessly, using complementary skill sets to execute on a unified vision across a variety of property types.

Extensive Network

Mast’s long-standing industry relationships, depth of experience, and market intelligence have enabled it to build a quality network for navigating a highly fragmented sector.

Thoughtful Structuring

Mast structures each of its real estate investments with a view toward maximizing returns while minimizing risk.

Assured Capitalization

Mast Capital's discretionary capital differentiates it from other real estate operator/developers, and enables it to work in partnership with property sellers and offer them the certainty of a quick closing. Additionally, Mast has partnered with some of the most respected institutional private equity funds.

Breadth of Experience

With over 45 years of combined experience in its senior management team and principals, Mast has the ability to pivot to various real estate asset classes, across the capital stack, at any point in the market cycle.

Vertical Integration

Mast’s in-house acquisition, development, construction and asset management teams work together seamlessly, using complementary skill sets to execute on a unified vision across a variety of property types.

Extensive Network

Mast’s long-standing industry relationships, depth of experience, and market intelligence have enabled it to build a quality network for navigating a highly fragmented sector.

Thoughtful Structuring

Mast structures each of its real estate investments with a view toward maximizing returns while minimizing risk.