Our Leadership

Rialto Capital's senior management team has experience investing in and managing real estate throughout multiple economic cycles and is supported by over 200 associates in 13 offices across the U.S. and Europe.

Joe Bachkosky

Joe Bachkosky

Managing Director, Co-Head Investment Management - Credit Investments

Mr. Bachkosky joined Rialto in 2010 and serves as a Managing Director and co-head of Rialto’s Investment Management credit business, which includes CMBS and mezzanine investing.

He has been vital in sourcing, underwriting, closing and overseeing Rialto’s CMBS investments, which have encompassed acquiring interests in securities with almost $60 billion in underlying loans. He has also had a key role in structuring and making attractive mezzanine and preferred equity investments.

Through innovative and unique structuring, Mr. Bachkosky has also helped to make Rialto a leader in the NPL securitization market, issuing over $800 million of notes in its seven NPL securitizations to date, and has also had a key role in the formation of Rialto’s platform in Europe. Prior to joining Rialto, Mr. Bachkosky held various roles in finance and consulting where he focused on financial and operational restructuring.

In 2009, Mr. Bachkosky served as a Summer Associate at Lazard Frères where he worked on the restructuring and eventual sale of a $2 billion global automotive supply company. From 2005 to 2008, Mr. Bachkosky served as a consultant with The Brooks Group. He also worked as an Associate Consultant at Accenture from 2003 to 2005. Mr. Bachkosky received an MBA from the Yale School of Management and a B.S. in Engineering from the University of Pittsburgh.

Josh Cromer

Josh Cromer

Managing Director, Co-Head Investment Management - Credit Investments New York

Mr. Cromer joined Rialto Capital Management, LLC in 2009 and serves as a Managing Director and co-head of Rialto’s Investment Management credit business, which oversees CMBS bonds, floating rate whole loans, mezzanine loan, b-notes, and preferred equity investing.

Mr. Cromer has been vital in sourcing and executing Rialto’s CMBS investments, which total over $100 billion in pool balance. Mr. Cromer has also been instrumental in the development and creation of Rialto’s $1.5 billion direct lending platform. Prior to joining Rialto, Mr. Cromer worked at Glenmont Capital Management, a boutique real estate private equity firm, where he focused on distressed debt investing. Before that, Mr. Cromer work at Nomura Securities ranging in a variety of real estate and corporate finance roles, including originating, underwriting, and securitizing commercial mortgages and CRE CDO’s.

Mr. Cromer received a B.A. in Business Administration from the University of Wisconsin-Madison Wisconsin School of Business where he majored in Real Estate Finance and Urban Land Economics. Mr. Cromer currently serves on the Rising Leaders committee for the New York Cares charity.

Juan Cueto

Juan Cueto

Managing Director, Real Estate Group

Mr. Cueto is Managing Director of the Real Estate Group at Rialto Capital Advisors, LLC with leadership of the United States and Puerto Rico.  He joined Rialto Capital in 2011 and has 20 years of experience in the real estate field.  He is currently responsible for a portfolio of real estate assets consisting of direct investments, joint ventures, non-performing loan REO and CMBS REO (as part of Rialto Capital’s Special Servicing platform).

Prior to joining Rialto Capital, Mr. Cueto was the Executive Director of American Realty Capital, in Miami, Florida, with responsibility for asset management and day-to-day operations of ARC’s portfolio of real estate investment projects.  Prior to that, Mr. Cueto’s endeavors focused on public sector planning, economic development and commercial asset management as Director of Planning and Development for the Miami Parking Authority, handling all capital construction and real estate asset management functions; and as Property Development Supervisor for Miami-Dade Transit, responsible for managing mixed-use, transit-oriented development (TOD) projects in conjunction with the private sector.

Mr. Cueto graduated from Florida International University with a B.B.A. in Finance and International Business. He currently serves on the Board of Directors of the Center for Financial Training at Miami-Dade College.

Aaron Davis

Aaron Davis

Managing Director, Commercial Properties Group

Mr. Davis is a Managing Director in the Commercial Property Group based in Atlanta. Prior to joining Rialto, Mr. Davis spent 11 years at NorthStar Realty Finance Corp. where he was a Managing Director and held a number of roles over time including head of its Los Angeles office and Co-Head of the Investments Group. While at NorthStar, Mr. Davis was a board member of SteelWave, an owner and developer of office and multi-family properties.

Prior to NorthStar, Mr. Davis worked in the Global Principal Investments Group at Merrill Lynch for 6 years. Mr. Davis received his undergraduate degree from Harvard University and is a CFA Charter holder.

Scott Gelley

Scott Gelley

Managing Director, Head of Investor Relations and Fund Management

Mr. Gelley joined Rialto in 2012 and serves as the Head of Investor Relations and Fund Management.

He oversees investor relations, capital raising and portfolio management for Rialto’s real estate investment management business. He also has a key role in new product development, as well as overseeing existing portfolio performance and reporting for Rialto’s private equity real estate funds and managed accounts. Prior to joining Rialto, from 2009 to 2012, Mr. Gelley held roles of increasing responsibilities, and was a Vice President for UBP Asset Management in their fund of hedge funds business headquartered in New York. As part of his responsibilities, Mr. Gelley worked on fund operations, analytics, and investor reporting for a portfolio of 33 funds.

From 2007 to 2009, Mr. Gelley worked at Deloitte & Touché LLP in the financial services audit group in New York covering REITs, hedge funds, private equity funds, and mutual funds. Mr. Gelley received a B.S. in Accountancy and Entrepreneurship from Villanova University, where he was a member of the varsity baseball team. He is an active member of the Pension Real Estate Association and the National Association of Real Estate Investment Managers.

Jeremy Griffin

Jeremy Griffin

Managing Director, Commercial Properties Group

Mr. Griffin is a Managing Director in the Commercial Properties Group based in California and oversees investment and asset management in the Western part of the US. Since joining Rialto Capital Management, LLC in 2011, Mr. Griffin has been involved in over $2 billion of direct real estate investments and financings across all property types.

In addition to leading West Coast acquisitions, Mr. Griffin manages Rialto’s asset-level financing activities on new acquisitions and oversees Rialto’s multifamily investing strategy across various investment vehicles, nationwide. Prior to assuming his most recent role in April 2017, Mr. Griffin was based in Rialto’s New York office and was responsible for sourcing, underwriting and structuring debt and equity investments across the firm’s various real estate funds and separate accounts.

Mr. Griffin joined Rialto in the summer of 2011 upon obtaining his MBA in real estate and finance from Columbia Business School. During his time at Columbia, Mr. Griffin interned at JP Morgan as an Associate in the Real Estate Investment Banking Group. Prior to attending Columbia Business School, from 2005 to 2009, Mr. Griffin worked in various capacities at Macerich, a major mall REIT located in Santa Monica, CA including directing the leasing activities at a 700,000 square foot regional mall in West Los Angeles and co-managing the leasing strategy for the $300 million redevelopment of a luxury mall located in Santa Monica, CA. Mr. Griffin is a graduate of UCLA with a BA in International Relations.

Liat Heller

Liat Heller

General Counsel and Chief Compliance Officer

Ms. Heller joined Rialto in 2011 as the Company’s General Counsel and Chief Compliance Officer. She is Rialto’s Chief Legal Officer with oversight responsibility for all regulatory and compliance matters, including Rialto’s registration as an Investment Adviser with the Securities and Exchange Commission.

Prior to Rialto, Ms. Heller served as senior counsel in the New York office of APG Asset Management, the investment arm of a $250 billion European pension fund active in real estate, private equity and fixed income. From 2006 to 2010, Ms. Heller held roles of increasing responsibility at APG, serving as a lead attorney structuring and negotiating private equity and hedge fund investments.

Ms. Heller’s responsibilities included conducting due diligence, drafting and negotiating a broad range of agreements for complex financial transactions as well as the restructuring of investments in financially distressed funds. During her tenure at APG, Ms. Heller worked closely with the heads of the business units regarding strategic and tactical planning. Previously, Ms. Heller served as an associate in the Boston and New York offices of Ropes and Gray from 2001 to 2006. Ms. Heller received a B.A. and graduated cum laude from Yale University, and earned a J.D. from Columbia Law School.

Jonathan Horowitz

Jonathan Horowitz

Managing Director, Asset Management

Mr. Horowitz serves as a Managing Director of Rialto Capital Advisors, LLC.  He oversees  the restructuring and resolution of non-performing CMBS, High Yield and other distressed loans. He has been with Rialto Capital since 2009.

Mr. Horowitz is a real estate professional with over 14 years’ experience in commercial and residential real estate development, finance and investment.

Prior to joining Rialto, Mr. Horowitz focused on acquiring non-performing commercial real estate loans, as well as managing a real estate portfolio for Turnberry Capital, LLC.

Mr. Horowitz graduated from the University of Miami with a B.S. in Communications Management and in Political Science.

Jeff Krasnoff

Jeff Krasnoff

Chief Executive Officer

Mr. Krasnoff is Chief Executive Officer of Rialto Capital Management, LLC, which he formed in 2007 to capitalize on investment opportunities in the commercial real estate sector.

Today Rialto, a wholly-owned standalone subsidiary of Lennar Corporation, is a vertically integrated investment and asset management platform investing and managing throughout the capital structure in properties, loans and securities. In addition to investing its own capital, Rialto manages a number of private equity vehicles and has overseen investments with numerous institutional partners.

With over 35 years of experience in commercial and residential real estate investment, finance and management, Mr. Krasnoff has been involved in the evaluation or oversight of hundreds of billions of dollars of real estate assets around the world. Mr. Krasnoff is also the co-founder of LNR Property Corporation, and was its President since its spinoff from Lennar as a separate public company in 1997, as well as its Chief Executive Officer from 2002 to 2007.

He was also instrumental in taking the company private in a $4 billion transaction in early 2005. Mr. Krasnoff joined Lennar in 1986 and from 1990 until LNR spun off from Lennar, he was responsible for the growth of Lennar’s commercial real estate and joint venture businesses, as well as the formation of LNR Partners and its loan workout and special servicing operations. LNR became the world’s largest CMBS special servicer under his leadership.

Prior to LNR and Lennar, Mr. Krasnoff spent ten years with KPMG, LLC (formerly Peat Marwick) in New York and Miami specializing in real estate companies, and mergers and acquisitions. Mr. Krasnoff is a graduate of Duke University.

Peter Lindner

Peter Lindner

Managing Director, Credit Investment Management

Mr. Lindner began working with Rialto in March 2010 and is currently a Managing Director of Credit Investments. Prior to Rialto, he worked at Anglo Irish Bank in the firm’s commercial real estate finance group in New York City, focused on originating, underwriting, structuring and syndicating over $2 billion of loans secured by office, multifamily, retail, condominium and industrial assets.

Mr. Lindner was also engaged in the asset management of Anglo Irish Bank’s on-balance sheet loans, including quarterly valuations, monitoring loan performance against underwriting and re-structuring where necessary. Prior to Anglo Irish Bank, Mr. Lindner worked in leasing and investment sales at NAI New York City, where he executed all aspects of the acquisition and disposition of real estate assets for their institutional clients.

Mr. Lindner also worked as a Legislative Aide for the New York State Senate. Mr. Lindner holds a Bachelor of Arts from Virginia Polytechnic Institute (Virginia Tech).

Jay Mantz

Jay Mantz

President

Mr. Mantz joined Rialto Capital Management, LLC in 2011 and serves as President.

Prior to Rialto, Mr. Mantz worked for Morgan Stanley from 1993 to 2011. At Morgan Stanley, Mr. Mantz was the Head of Real Estate Investing from 2000 to 2005, co-head of the Real Estate Department in 2006, and served as Global Co-Head of Morgan Stanley’s Merchant Bank Group, which includes Morgan Stanley Real Estate Investing Funds, the Morgan Stanley Infrastructure Fund and other Private Equity Funds, from 2007 to 2009.

Mr. Mantz was a member of Morgan Stanley’s Management Committee from 2008 to 2010.

Mr. Mantz graduated class valedictorian from the School of Management at Boston University and received an MBA from The Wharton School of the University of Pennsylvania. He is an active member of various real estate organizations including the Pension Real Estate Association.

Cory Olson

Cory Olson

Chief Operating Officer

Mr. Olson joined Rialto in 2015 as senior advisor and served as Executive Vice President before taking on the role of Chief Operating Officer.

He is engaged in the investment management business and other strategic roles with a focus on overseeing Rialto’s process of sourcing, underwriting, executing and managing investments for us. Prior to joining Rialto, Mr. Olson was President of LNR Property LLC, where he headed the Real Estate Investing and Servicing Segment of Starwood Property Trust (NYSE: STWD).

Prior to being appointed president in May 2013, Mr. Olson held the positions of Chief Operating Officer and Chief Financial Officer. Prior to LNR, Mr. Olson was a Co-founder and Managing Partner at AllBridge Investments, a boutique private equity firm which was sold to Ares Capital. Mr. Olson was formerly Senior Vice President of Finance and Treasurer of Dean Foods Company, one of the leading food and beverage companies in the United States. Prior to Dean Foods, Mr. Olson was a Managing Director at Bank One Capital Markets and its predecessor, First Chicago Capital Markets. Prior to Bank One Capital Markets, Mr. Olson was a product management officer for Gainer Bank Corporation. Mr. Olson received his B.A. in Liberal Arts from Wabash College in Crawfordsville, Indiana.

Phil Orban

Phil Orban

Managing Director, Credit Investment Management

Mr. Orban joined Rialto in 2015 and serves as a Managing Director on the Investment Management team, which includes structured credit and equity investing.

Prior to joining Rialto, Mr. Orban spent nine years, most recently as a principal, at Glenmont Capital Management, a real estate private equity firm focused on opportunistic, middle market investments throughout the United States.

At Glenmont, Mr. Orban was responsible for sourcing and executing opportunistic investments across all real estate asset types on behalf of the firm’s discretionary investment vehicles and completed in excess of $1 billion in total transactions. Prior to joining Glenmont, Mr. Orban was an assistant vice president at The Weitzman Group, a boutique real estate advisory firm that worked with private sector developers, pension and private equity funds, institutions and government agencies. At The Weitzman Group, Mr. Orban focused on investment analysis and advisory on behalf of a large pension fund seeking to make direct investments in commercial real estate. Mr. Orban received his B.S. from Cornell University with a concentration in Finance and Real Estate.

Mike Parker

Mike Parker

Managing Director, Head of Commercial Property Group

Mr. Parker joined Rialto in 2016 and is Managing Director and Head of the Commercial Properties Group.

He leads the firm’s commercial expansion by means of acquiring, developing and investing in targeted commercial real estate opportunities for our own account and through experienced third party operators. He has over 32 years of public and private company real estate acquisition, development, financing, disposition and institutional advisory experience across all asset classes.

After 18 years with Koll Development Company and Sares-Regis Group, where he acquired, developed and operated in excess of 12.5 million square feet of institutional commercial properties nationwide, plus nearly 9,000 acres for master-planned residential communities in California, he founded his own company, ExTerra Realty Partners in 2005 and executed multiple acquisitions, developments and corporate advisory assignments in California, North Carolina, Tennessee and Texas. In 2009, he co-founded Quattro Realty Group, an institutional advisory and investment platform that concentrated on real estate advisory services for institutional investor clients nationwide, primarily in connection with large, complex, mixed-use, urban in-fill developments. In 2014, Mr. Parker integrated the California-based Quattro team and book of business with Lennar’s westward expansion of its commercial property development line. Shortly after Rialto took leadership of this line of business in 2016, Mr. Parker assumed oversight of the commercial property group’s national operations. Mr. Parker attended San Diego State University and University of California at Berkeley.

Illeanne Rukes

Illeanne Rukes

Head of Human Resources

Ms. Rukes joined Rialto in 2013 as the Company’s Senior Vice President of Human Resources. Ms. Rukes is Rialto’s Chief Human Resources Officer and leads our human capital strategies to attract, reward, engage and develop top industry talent that delivers on our strategic, financial and operating objectives. Ms. Rukes is an international Human Resources executive with a 20-year record of success in both publicly traded and private equity corporations, including Fortune 50, in the United States, Europe, Latin America and the Caribbean. She was most recently Chief Human Resources Officer of LNR Property Corporation.

Prior to joining LNR, Ms. Rukes served as Managing Partner of R&R Property Investments, a real estate investment firm. She began her Human Resources career at Verizon Communications, and later joined PepsiCo, where she served as VP HR for Frito Lay’s operations in Spain and as VP HR for Pepsi Cola’s South America & Caribbean market unit. Throughout her career, Ms. Rukes has consulted to a variety of publicly traded, privately held and non-profit organizations in a broad range of HR specialties.

Ms. Rukes holds an MBA and an MA in Industrial/Organizational Psychology from the University of South Florida, and a BS in Psychology from Florida State University with related coursework at Cornell University. She is SPHR (Senior Professional in Human Resources) and GPHR (Global Professional in Human Resources) certified, and is a graduate of the National Academy of Human Resources’ Chief Human Resources Officer Academy.

Brady Scott

Brady Scott

Managing Director, Commercial Properties Group

Mr. Scott joined Rialto in 2017 as Managing Director. He leads the firm’s industrial investment platform and has direct oversight of strategic development and tactical deployment of investment and operational activities for the organization and its managed funds.

He has over 21 years of commercial real estate investment experience across all asset classes, including leadership positions in acquisitions, dispositions, development, portfolio management and structured finance. Mr. Scott has directed the development and management of two successful investment programs with multiple institutional partners during his career, including formation and management of key joint-ventures and programmatic co-investment platforms.

He has successfully executed transactions on more than 33 million square feet of real estate in more than 20 markets throughout the United States on behalf of institutional investors, private equity and public companies, with an aggregate value of $2.2 billion, including 25 portfolio transactions with an aggregate value of more than $1.4 billion. Mr. Scott has made significant contributions to the advancement of the CRE industry through his longstanding involvement with ULI Council and NAIOP Forum programs. Mr. Scott served in the United States Marine Corps and is passionate about helping former service members make successful transitions back to civilian life following service. Mr. Scott graduated magna cum laude from the University of Denver with a concentration in real estate.

Jos Sebastian

Jos Sebastian

Chief Information Officer

Mr. Sebastian joined Rialto in 2016 as the Company’s Chief Information Officer.

Mr. Sebastian oversees the IT department and is responsible for the architecture, development, security and management of technology and data platforms.

Prior to joining Rialto, from 2013 to 2016, Mr. Sebastian was SVP of Technology at Nielsen, where he was responsible for strategic technology client engagements and open data product development. From 2006 to 2013, Mr. Sebastian was with Citibank, where he led the global ATM software organization and digital programs for consumer and commercial credit card businesses. From 1995 to 2006, Mr. Sebastian was with GE Healthcare, where he held several global information technology and product development leadership roles, including leading global sales and service IT platforms, as well as enterprise architecture.

Mr. Sebastian holds an MBA from Marquette University and a B.S. in Electronics and Instrumentation Engineering from the University of Kerala in India.

Adam Singer

Adam Singer

Managing Director, Head of Asset Management and Servicing

Mr. Singer currently serves as Managing Director, Head of Asset Management and Servicing for Rialto Capital Advisors, LLC. Mr. Singer joined Rialto Capital in 2009 and oversees Rialto Capital’s CMBS Special Servicing platform, real estate group, distressed bank loan investments, floating rate whole loans, mezzanine loans and the primary servicing operation.

Prior to Rialto Capital, Mr. Singer was a co-founder and CFO of Alterra Capital Group, LLC, a real estate investment firm that specialized in the acquisition, redevelopment and repositioning of over 3,100 distressed work force/affordable housing projects.

From 2000 to 2004, Mr. Singer also served as  Managing Director for a private equity investment firm specializing in the acquisition, turnaround and sale of distressed and/or undercapitalized manufacturing companies.

Mr. Singer was with KPMG, LLP from 1993 to 1998, and served as supervising senior auditor at the time of his departure, specializing in real estate and financial service industries.

Mr. Singer became a Certified Public Accountant in 1996 and received a B.A. from the University of Florida.

Oliver Striker

Oliver Striker

Managing Director, Credit Investment Management

Mr. Striker joined Rialto Management Capital, LLC in 2017 and is a Managing Director spearheading direct lending initiatives and originations.

He has 14 years of experience steering and executing strategies in real estate finance and has closed over $6 billion of transactions across all tiers of the real estate capital structure encompassing a broad spectrum of asset classes. Most recently he worked at UBS Investment Bank for the last 11 years where he was a founding member of the real estate finance business and played key roles in the group’s inception in 2006 and post-recession re-build in 2010.

Prior to UBS, Mr. Striker worked at Eurohypo AG, a German real estate investment banking boutique, and Nomura Securities International, a Japanese bank. He is a graduate of Cornell University and Columbia Business School.

Niral Shah

Niral Shah

Managing Director, Special Servicing

Niral Shah serves as a Managing Director, Special Servicing of Rialto Capital Advisors, LLC, with active oversight of CMBS Special Servicing operations and responsible for performing loan consents, surveillance of Rialto Capital’s named special servicing portfolio, CMBS compliance and investor reporting/loan administration.

Ms. Shah joined Rialto Capital in 2009. Prior to joining Rialto Capital, she worked for Lennar Corporation as of 2006 as a member of the Corporate Investment Committee (CIC). In this role, Ms. Shah was responsible for underwriting all land purchases and managing assets in Florida and Texas. Ms. Shah was also a key member of a special projects team directly accountable to Lennar’s CEO and Senior Executives.

Ms. Shah holds an MBA from the University of Miami, and a B.A. in Economics from Emory University.

Marshall Van Smith

Marshall Van Smith

Chief Financial Officer

Mr. Van Smith joined Rialto in 2013 and currently serves as Chief Financial Officer. Mr. Van Smith previously served as the Company’s Director of Tax from 2013 to 2018, prior to becoming the Company’s Chief Financial Officer.

Throughout his tenure at Rialto, Mr. Van Smith has been heavily involved with fund structuring, fund administration, and investor matters in addition to his role as the head of tax. These varying responsibilities, have led to his extensive involvement with all groups within Rialto including asset managers, investor relations, accounting, treasury, legal, and compliance. Prior to Rialto, Mr. Van Smith spent 11 years with various public accounting firms in increasing roles of responsibility. Mr. Van Smith’s client base included investment and asset managers, developers, and financial institutions.

Mr. Van Smith provided the following services to his clients: audit, tax, internal control testing, and planning/consulting. Mr. Van Smith is a Certified Public Accountant and received a B.S. and master’s degree in Accounting from the University of Florida.

Joe Bachkosky

Joe Bachkosky

Managing Director, Co-Head Investment Management - Credit Investments

Mr. Bachkosky joined Rialto in 2010 and serves as a Managing Director and co-head of Rialto’s Investment Management credit business, which includes CMBS and mezzanine investing.

He has been vital in sourcing, underwriting, closing and overseeing Rialto’s CMBS investments, which have encompassed acquiring interests in securities with almost $60 billion in underlying loans. He has also had a key role in structuring and making attractive mezzanine and preferred equity investments.

Through innovative and unique structuring, Mr. Bachkosky has also helped to make Rialto a leader in the NPL securitization market, issuing over $800 million of notes in its seven NPL securitizations to date, and has also had a key role in the formation of Rialto’s platform in Europe. Prior to joining Rialto, Mr. Bachkosky held various roles in finance and consulting where he focused on financial and operational restructuring.

In 2009, Mr. Bachkosky served as a Summer Associate at Lazard Frères where he worked on the restructuring and eventual sale of a $2 billion global automotive supply company. From 2005 to 2008, Mr. Bachkosky served as a consultant with The Brooks Group. He also worked as an Associate Consultant at Accenture from 2003 to 2005. Mr. Bachkosky received an MBA from the Yale School of Management and a B.S. in Engineering from the University of Pittsburgh.

Josh Cromer

Josh Cromer

Managing Director, Co-Head Investment Management - Credit Investments New York

Mr. Cromer joined Rialto Capital Management, LLC in 2009 and serves as a Managing Director and co-head of Rialto’s Investment Management credit business, which oversees CMBS bonds, floating rate whole loans, mezzanine loan, b-notes, and preferred equity investing.

Mr. Cromer has been vital in sourcing and executing Rialto’s CMBS investments, which total over $100 billion in pool balance. Mr. Cromer has also been instrumental in the development and creation of Rialto’s $1.5 billion direct lending platform. Prior to joining Rialto, Mr. Cromer worked at Glenmont Capital Management, a boutique real estate private equity firm, where he focused on distressed debt investing. Before that, Mr. Cromer work at Nomura Securities ranging in a variety of real estate and corporate finance roles, including originating, underwriting, and securitizing commercial mortgages and CRE CDO’s.

Mr. Cromer received a B.A. in Business Administration from the University of Wisconsin-Madison Wisconsin School of Business where he majored in Real Estate Finance and Urban Land Economics. Mr. Cromer currently serves on the Rising Leaders committee for the New York Cares charity.

Scott Gelley

Scott Gelley

Managing Director, Head of Investor Relations and Fund Management

Mr. Gelley joined Rialto in 2012 and serves as the Head of Investor Relations and Fund Management.

He oversees investor relations, capital raising and portfolio management for Rialto’s real estate investment management business. He also has a key role in new product development, as well as overseeing existing portfolio performance and reporting for Rialto’s private equity real estate funds and managed accounts. Prior to joining Rialto, from 2009 to 2012, Mr. Gelley held roles of increasing responsibilities, and was a Vice President for UBP Asset Management in their fund of hedge funds business headquartered in New York. As part of his responsibilities, Mr. Gelley worked on fund operations, analytics, and investor reporting for a portfolio of 33 funds.

From 2007 to 2009, Mr. Gelley worked at Deloitte & Touché LLP in the financial services audit group in New York covering REITs, hedge funds, private equity funds, and mutual funds. Mr. Gelley received a B.S. in Accountancy and Entrepreneurship from Villanova University, where he was a member of the varsity baseball team. He is an active member of the Pension Real Estate Association and the National Association of Real Estate Investment Managers.

Jeff Krasnoff

Jeff Krasnoff

Chief Executive Officer

Mr. Krasnoff is Chief Executive Officer of Rialto Capital Management, LLC, which he formed in 2007 to capitalize on investment opportunities in the commercial real estate sector.

Today Rialto, a wholly-owned standalone subsidiary of Lennar Corporation, is a vertically integrated investment and asset management platform investing and managing throughout the capital structure in properties, loans and securities. In addition to investing its own capital, Rialto manages a number of private equity vehicles and has overseen investments with numerous institutional partners.

With over 35 years of experience in commercial and residential real estate investment, finance and management, Mr. Krasnoff has been involved in the evaluation or oversight of hundreds of billions of dollars of real estate assets around the world. Mr. Krasnoff is also the co-founder of LNR Property Corporation, and was its President since its spinoff from Lennar as a separate public company in 1997, as well as its Chief Executive Officer from 2002 to 2007.

He was also instrumental in taking the company private in a $4 billion transaction in early 2005. Mr. Krasnoff joined Lennar in 1986 and from 1990 until LNR spun off from Lennar, he was responsible for the growth of Lennar’s commercial real estate and joint venture businesses, as well as the formation of LNR Partners and its loan workout and special servicing operations. LNR became the world’s largest CMBS special servicer under his leadership.

Prior to LNR and Lennar, Mr. Krasnoff spent ten years with KPMG, LLC (formerly Peat Marwick) in New York and Miami specializing in real estate companies, and mergers and acquisitions. Mr. Krasnoff is a graduate of Duke University.

Jay Mantz

Jay Mantz

President

Mr. Mantz joined Rialto Capital Management, LLC in 2011 and serves as President.

Prior to Rialto, Mr. Mantz worked for Morgan Stanley from 1993 to 2011. At Morgan Stanley, Mr. Mantz was the Head of Real Estate Investing from 2000 to 2005, co-head of the Real Estate Department in 2006, and served as Global Co-Head of Morgan Stanley’s Merchant Bank Group, which includes Morgan Stanley Real Estate Investing Funds, the Morgan Stanley Infrastructure Fund and other Private Equity Funds, from 2007 to 2009.

Mr. Mantz was a member of Morgan Stanley’s Management Committee from 2008 to 2010.

Mr. Mantz graduated class valedictorian from the School of Management at Boston University and received an MBA from The Wharton School of the University of Pennsylvania. He is an active member of various real estate organizations including the Pension Real Estate Association.

Cory Olson

Cory Olson

Chief Operating Officer

Mr. Olson joined Rialto in 2015 as senior advisor and served as Executive Vice President before taking on the role of Chief Operating Officer.

He is engaged in the investment management business and other strategic roles with a focus on overseeing Rialto’s process of sourcing, underwriting, executing and managing investments for us. Prior to joining Rialto, Mr. Olson was President of LNR Property LLC, where he headed the Real Estate Investing and Servicing Segment of Starwood Property Trust (NYSE: STWD).

Prior to being appointed president in May 2013, Mr. Olson held the positions of Chief Operating Officer and Chief Financial Officer. Prior to LNR, Mr. Olson was a Co-founder and Managing Partner at AllBridge Investments, a boutique private equity firm which was sold to Ares Capital. Mr. Olson was formerly Senior Vice President of Finance and Treasurer of Dean Foods Company, one of the leading food and beverage companies in the United States. Prior to Dean Foods, Mr. Olson was a Managing Director at Bank One Capital Markets and its predecessor, First Chicago Capital Markets. Prior to Bank One Capital Markets, Mr. Olson was a product management officer for Gainer Bank Corporation. Mr. Olson received his B.A. in Liberal Arts from Wabash College in Crawfordsville, Indiana.

Mike Parker

Mike Parker

Managing Director, Head of Commercial Property Group

Mr. Parker joined Rialto in 2016 and is Managing Director and Head of the Commercial Properties Group.

He leads the firm’s commercial expansion by means of acquiring, developing and investing in targeted commercial real estate opportunities for our own account and through experienced third party operators. He has over 32 years of public and private company real estate acquisition, development, financing, disposition and institutional advisory experience across all asset classes.

After 18 years with Koll Development Company and Sares-Regis Group, where he acquired, developed and operated in excess of 12.5 million square feet of institutional commercial properties nationwide, plus nearly 9,000 acres for master-planned residential communities in California, he founded his own company, ExTerra Realty Partners in 2005 and executed multiple acquisitions, developments and corporate advisory assignments in California, North Carolina, Tennessee and Texas. In 2009, he co-founded Quattro Realty Group, an institutional advisory and investment platform that concentrated on real estate advisory services for institutional investor clients nationwide, primarily in connection with large, complex, mixed-use, urban in-fill developments. In 2014, Mr. Parker integrated the California-based Quattro team and book of business with Lennar’s westward expansion of its commercial property development line. Shortly after Rialto took leadership of this line of business in 2016, Mr. Parker assumed oversight of the commercial property group’s national operations. Mr. Parker attended San Diego State University and University of California at Berkeley.

Adam Singer

Adam Singer

Managing Director, Head of Asset Management and Servicing

Mr. Singer currently serves as Managing Director, Head of Asset Management and Servicing for Rialto Capital Advisors, LLC. Mr. Singer joined Rialto Capital in 2009 and oversees Rialto Capital’s CMBS Special Servicing platform, real estate group, distressed bank loan investments, floating rate whole loans, mezzanine loans and the primary servicing operation.

Prior to Rialto Capital, Mr. Singer was a co-founder and CFO of Alterra Capital Group, LLC, a real estate investment firm that specialized in the acquisition, redevelopment and repositioning of over 3,100 distressed work force/affordable housing projects.

From 2000 to 2004, Mr. Singer also served as  Managing Director for a private equity investment firm specializing in the acquisition, turnaround and sale of distressed and/or undercapitalized manufacturing companies.

Mr. Singer was with KPMG, LLP from 1993 to 1998, and served as supervising senior auditor at the time of his departure, specializing in real estate and financial service industries.

Mr. Singer became a Certified Public Accountant in 1996 and received a B.A. from the University of Florida.