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Podcast: DiscoveringCRE
Episode: Joe Ricciuti: Net Lease CRE - Ocean Block Capital | Discovering Commercial Real Estate Podcast #23
Description: Joe Ricciuti is a managing partner at Ocean Block Capital, which he founded in 2017. Since then, he has amassed a quarter-billion-dollar portfolio that includes net lease retail, industrial and medical office assets in 32 states. Ricciuti is responsible for deal-making, deal underwriting, managing tenant, broker and lender relationships, and overseeing the existing portfolio. He quintupled the Ocean Block portfolio size from March 2020 to January 2023 and has been involved in more than $400 million of net lease real estate transactions in three years. In addition, under his leadership, Ocean Block successfully fulfilled all debt obligations for its real estate portfolio throughout COVID-19...