Page 40 - RE-NJ

38 JUNE 2025
Legacy Real Estate Developers is one
of several real estate-focused fi rms
established and built by Sal Frassetto
and his family. His daughter, Andrea
Frassetto-Sidlovsky, runs the Franklin
Lakes-based custom residential
property company Garden State
Homes, while his son-in-law, Robert
Adams, is principal and broker of
record of Fairfi eld-based Garden
State Realty.
“For decades, the Frassetto family
has been an essential part of northern
New Jersey’s commercial and
residential real estate development,
and I’m honored to carry that legacy
forward as president of Legacy Real
Estate Developers,” Feldman said.
PIZZOLATO JOINS
CBRE DEBT, FINANCE
TEAM AS SENIOR V.P.
CBRE has bolstered its debt and
structured fi nance team in New Jersey
with the addition of broker Matthew
Pizzolato as a senior vice president.
According to the fi rm, Pizzolato
comes to the new role with more than
a decade of experience in commercial
real estate fi nance. That includes his
most recent
position with
Accordia, where
he was head of
acquisitions, and
nine years with
the New Jersey-
based teams of
HFF and JLL
Matthew Pizzolato
capital markets,
serving as a managing director with
the debt and equity placement unit.
“Matt is a welcomed addition to
our already market-leading debt
and structured fi nance team in the
region,” said Will Forcello, senior
managing director and New Jersey
market leader for CBRE. “Working
closely with our national capital
markets team, we look forward to
expanding this business throughout
New Jersey and the region.”
CBRE noted that Pizzolato in his
career has successfully capitalized
more than $6.5 billion in transactions.
With Fairfi eld-based Accordia, he
led the company’s expansion into
the Southeast, sourcing industrial
properties across the Carolinas,
securing fi nancing and forging key
institutional partnerships.
“We wish Matt all the best in his new
role at CBRE,” said Jason Bogart,
principal at Accordia. “Matt is a
veteran in the debt and equity space
and will thrive in that environment.”
Pizzolato added: “I’m excited to join
CBRE’s collaborative, market-leading
debt and structured fi nance team, and
I look forward to helping drive the
team’s continued growth.”
NAIDB HIRES
GOSWAMI AS
ASSOCIATE
NAI DiLeo-Bram & Co. has welcomed
Sweemit Goswami as its newest
associate, hiring the former intern
to focus on the
northern and
central New
Jersey industrial
market.
Currently
enrolled as
a full-time
undergraduate
Sweemit Goswami
student,
Goswami is pursuing a double
major in fi nance and supply chain
management, with a concentration
in real estate, according to a news
release. The Rutgers University
sophomore received his New Jersey
real estate license late last year and
has completed rigorous studies
through the school’s Center for Real
Estate, including coursework in real
estate law.
With Woodbridge-based NAIDB, he
will focus on industrial property
acquisitions, dispositions and leasing
in the region.
“Sweemit’s interest in commercial
real estate was immediately apparent
and he is an extremely motivated
person,” said David A. Simon,
NAIDB’s chief operating offi cer. “It is
enjoyable helping and training people
who want to learn and who have a
visible interest in the CRE industry.”
The fi rm noted that Goswami’s path
to NAIDB began as an intern assisting
a team of experienced professionals.
Previously, he was exposed to
commercial real estate at another
fi rm that provided him with initial
experience in investment sales, while
he was inspired early on by his father’s
work in real estate development
and drawn to the dynamic, problem-
solving nature of the industry.
NAIDB said Goswami’s goals include
arranging and handling the entire
transaction lifecycle, from conception
to completion, along with developing
innovative real estate solutions for
local and corporate entities and
contributing to NAIDB’s growth and
success.
“You never know what you like until
you try it. If you’re even slightly
interested in commercial real estate
— just try it,” Goswami said. “Early
exposure and experience can open a
lot of doors that ultimately lead to a
fulfi lling career. For me, a profession
where no two days or deals are
exactly alike is appealing to me.”
“At NAIDB we are always interested
in hiring talented people,” Simon said.
“We recruit seasoned commercial
real estate professionals as well as
promising individuals like Sweemit
who are new to the industry. We look
for candidates who demonstrate
the necessary qualifi cations for us
to achieve our business objectives
and who are willing to work
collaboratively in a team-oriented
environment.”
SWANSON JOINS
NEW ‘CLINICAL’ TEAM
Clinical: Medical Real Estate
Solutions, the newly launched real
estate advisory fi rm, has added to
its team with the hiring of Michael
Swanson as director of portfolio
transaction management.
According to the company, Swanson
is a former senior transaction
manager at CBRE, running 500-
plus locations in multiple regions
for McKesson’s US Oncology unit.
The post is part of some 28 years of
commercial and health care-related
real estate
experience,
which also
includes a
position in
Cushman &
Wakefi eld’s
Austin, Texas,
offi ce, where
Michael Swanson
he managed
day-to-day real estate portfolios on
more than 250 locations for Davita
Dialysis.
“We are honored to have Michael join
us as we embark on this exciting, new
venture,” said Jonathan Marks, CEO
and founder of Clinical: Medical Real
Estate Solutions. “We have already
worked on several transactions
together in our past positions. To
have a medical real estate specialist
of his caliber on board speaks
volumes about Clinical’s direction, as
well as the importance of this rapidly
growing sector.”
Over the years, Swanson has
negotiated more than 1,000
transactions spanning 2.5 million
square feet and achieving an
estimated $100 million in cost
savings on behalf of portfolio clients,
Clinical said in a news release.
He joins a newly launched team
serving physicians, medical groups,
hospitals, management services
organizations and investors, with
services including medical lease
and sales transactions, portfolio
optimization, strategic site selection,
competition analysis, clinical space
programming and specialized project
management services for medical
buildouts.
“Clinical provides an impressive
medical real estate platform,”
Swanson said. “I look forward to
being part of an organization that
enhances my ability to deliver even
better value and results to health care
clients.”
WERNICK JOINS
BRANCH INDUSTRIAL
Boutique real estate advisory fi rm
Branch Industrial has expanded its
team with the addition of Jeremy
Wernick as a senior director.
The company, which has completed
more than
$500 million in
transactions
since its 2023
founding by
Burry Klein, said
Wernick joins
its team after
six years with
Jeremy Wernick
CBRE. In his
new role, he’ll spearhead the fi rm’s
efforts to source deals in northern
and central New Jersey, drawing on
relationships with local players and
vast experience with institutional-
grade properties.
“It’s a very exciting time to join the
Branch team,” Wernick said. “As the
market begins to steady, we believe
there is a lot of opportunity out there
for the groups that have been staying
on the ball.”
The fi rm, which has offi ces in
Teaneck and Manhattan, added that
Wernick has brokered more than $1
billion in sales transactions.
“Jeremy is a huge addition for
Branch,” said Klein, the fi rm’s
managing director. “He helped build
a great book of business at CBRE
and we can’t wait for him to bring his
expertise to Branch.”