Name: Gary DeSanto
Title: CEO
Company: DeSanto Realty Group
Location: Radnor, Penn.
Birthplace: Philadelphia, Penn.
Family: Married with three children: two sons and a daughter
First job outside of finance: Employee at Burger King
First job in finance or allied field: Apartment maintenance at age 13. I worked for my father, Louis DeSanto, founder of DeSanto Realty Group.
What do you do now and what are you planning for the future? DeSanto Realty Group is a leading sponsor in the tenant-in-common industry. Based in suburban Philadelphia, our firm provides quality tax-advantaged investments to investors seeking to increase their cash flow and diversify a portfolio. We offer real estate investors access to institutional quality real estate investments, while minimizing their risk through due diligence, detailed market research and comprehensive property management. In the future, we hope to further expand our offerings and add a REIT or equity fund to our tenant in common offerings.
Hobbies: Sporting events, spending time with my children
Favorite book: "The Five People You Meet in Heaven" by Mitch Albom
Person you admire most (outside of family): Jim Koch, a smart businessman
Keys to success: Surround yourself with hardworking, positive people and learn all you can about your competition.
If you had to choose another vocation what would it be? Teacher
Queens, NY The Domain Companies closed on $175.6 million in financing with Wells Fargo for a new mixed-income housing project called Elara, which will deliver 429 new apartments in one of the city’s fastest-growing neighborhoods. “Astoria is one of New York’s most vibrant and culturally rich neighborhoods, and it has long held a special place in Domain’s history.