ABOUT | U.S. Realty Partners, Inc

Jay Kerner

President and CEO
U.S. Realty Partners, Inc.

Jay Kerner is the President and CEO of U.S. Realty Partners, a regional commercial real estate operating company and consulting firm focused on high quality retail properties located in the western U.S. He has over thirty years of experience in the acquisition, operation, development, leasing and management of retail, multi-family, office and mixed use properties.

Mr. Kerner was formerly Regional Director of Capital and Counties, U.S.A., a privately held real estate investment trust with 2.5 Million square feet of retail, office, multi-family and mixed use properties organized as a subsidiary of Capital Shopping Centres Group, London (a publicly traded FTSE 100 company; CSCG.L). In addition to his duties overseeing acquisitions, dispositions, financing, and operations, he was a key executive involved in the sale of the company to Equity One (NYSE; EQY) in 2011 for more than $600 Million. Prior to that, he was Senior Director of Acquisitions for Federal Realty Investment Trust, a public REIT with more than 19 million square feet of high quality mixed use and retail properties in the best markets in the U.S. (NYSE: FRT). Mr. Kerner was also President of Kerner Management and Investments, a regional shopping center operator and developer, for more than 10 years. Over his career, he has been personally involved in more than $1 Billion in commercial real estate projects.

Mr. Kerner is a graduate of UCLA with a degree in Business & Economics. He is a member of the International Council of Shopping Centers and has served as a speaker at past events. In addition, his is a licensed California Real Estate Broker, General Contractor, and FINRA member with Series 7, 24, 27, 63 and 79 licenses. Mr. Kerner is also the author of Chasing Yield; an Individual Investor’s Guide to Passive Commercial Real Estate Investments.

Tina Colacino

Executive Vice President

Tina is responsible for asset management oversight and execution of the business plans for the USRP portfolio. Ms. Colacino has over 25 years of experience in commercial and retail real estate. She was formerly Development Manager for Starbucks Corporation in Northern California and prior to that was Investment Manager for Grosvenor International. Her background also includes real estate positions with Boston Market, Cushman and Wakefield, and Cushman Realty Corporation. Tina holds a B.A. with highest honors from the University of Notre Dame, and an MBA from Stanford University.

Sang Park

Asset Manager

Sang is responsible for asset management for a portion of the Company’s retail portfolio. He has over 10 years of experience in asset management and acquisitions of retail real estate. Sang is a graduate of UCLA with a Bachelor of Arts in Economics.

Richard Cheek

Project Manager

Richard is responsible for project management of all construction, renovation, and tenant improvements projects. He has over 14 years of experience in providing project management, construction supervision, organizational and construction expertise in the private sector as well as while serving in the United States Navy. Richard is a graduate of the University of Phoenix and earned an MBA from National University.

Larry Armijo

Construction Manager

Larry is responsible for construction management for all construction, renovation, and tenant improvement projects. He oversees all 3rd party general contractors and subcontractors. Larry has over 35 years of construction experience as a construction manager, general contractor, and tradesman.

Justin Kerner

Associate

Justin is responsible for project analytics, Argus modeling and due diligence coordination. He is a graduate of Loyola Marymount University with a Bachelor of Arts degree in Economics.

>Michael Wright

Development Manager, Hawaii

Mike is the managing principal of Wright Hawaii Commercial Real Estate Advisors LLC, a boutique consulting and investment firm providing various real estate development and advisory services throughout the Hawaiian Islands. He provides development and planning management services for USRP for its Hawaii property. He is a career real estate professional with 30 years of commercial real estate experience in development, planning, structured finance, investments, acquisitions, marketing, and sales, and is recognized as an industry leader. He was directly involved in over $1B US in commercial and residential real estate transactions during his 13-year tenure as Executive Vice President of A&B Properties Inc. (a wholly owned subsidiary of Alexander and Baldwin NYSE: ALEX).