Murray Dalfen is the Chairman of Dalfen Industrial. Murray has held both the Chairman and Chief Executive Officer position from 1992 through 2022, and together with Sean Dalfen, is responsible for the leadership and oversight of the firm. Under Murray and Sean’s leadership, Dalfen Industrial has successfully managed six real estate funds, which have owned, operated, and developed 44 million square feet of commercial property located in North America. Murray Dalfen began his career at Dalfen’s Limited, a family-apparel retail chain, and in 1992, Murray transitioned the direction of Dalfen’s Limited to focus exclusively on commercial real estate. In 2007, he organized the profitable sale of millions of dollars of commercial property ahead of the Great Recession. Since then, Murray and Sean have transitioned the company to focus exclusively on US Last Mile Industrial property.

Murray is a philanthropist and has also assumed a leadership role in many community organizations. Murray was named one of the winners of Ernst & Young Entrepreneur of the Year 2017 Quebec.

Sean Dalfen is the President and Chief Executive Officer of Dalfen Industrial and leads the firm’s investment committees and management committees across its platforms. Under Sean’s leadership, Dalfen Industrial’s portfolio has grown.to over 44 million square feet of industrial properties from coast to coast, making it one of the nation’s largest owners and developers of industrial real estate and a leader in the last mile sector. Over his career, Sean has transacted on in excess of $10 billion USD. Prior to Dalfen Industrial, Sean worked at NAI Commercial as an Investment Sales Broker where he was one of the company’s Top 10 producers in Canada.

Sean is involved in a variety of philanthropic activities, sits on the boards of multiple charitable organizations and is a frequent speaker and panelist at private equity & commercial real estate industry events. Sean studied Psychology and Finance at Tel Aviv University’s Lowy School and McGill University.

Fred Tkalec is the Chief Financial Officer of Dalfen and will be a member of the Fund V investment committee. He is responsible for overseeing the firm’s accounting, compliance, reporting, and financing operations. He has extensive experience in securing debt and raising equity capital, transacting in the real estate market, investor relations, and risk management. Fred has facilitated in excess of $1 billion of dispositions and financing of acquisitions. Prior to joining Dalfen, Fred was a Senior Manager with Pricewaterhouse Coopers.

Fred earned a Bachelor of Commerce from McGill University and the Chartered Professional Accountancy Designation (CPA).

Shelly Drakes is the Executive Vice President of Asset Management of Dalfen. She is responsible for overseeing all property management and asset management initiatives, day-to-day operations of each property, lease negotiations, tenant satisfaction, and vendor management. Prior to joining Dalfen, Shelly handled management and leasing at Prentiss Properties (now PM Realty).

Shelly earned a Master of Science degree in Construction Management from the Florida International University School of Engineering and a Bachelor’s Degree in Business and Anthropology from Rollins College. She is also a member of NAIOP, BOMA and CREW, in addition to being active in several charitable organizations.

Mark Bowen is the Chief Investment Officer of Dalfen and is responsible for overseeing the firm’s investment activities across the U.S. Mark brings over 30 years of experience in real estate and finance from both the private and public institutional sectors. During his career, he has transacted and developed billions in real estate, including over 10 million square feet of development. Prior to joining Dalfen, Mark was a Senior Vice President with DCT Industrial Trust, Inc., the second largest industrial REIT in the US for 14 years. In this role, he was responsible for capital deployment, development, acquisitions, leasing, and management of teams in multiple markets. Mark also spent 15 years at General Electric Real Estate. In this role, he managed several offices in the Western U.S. and he and his team originated and developed industrial, multi-family, office, and retail opportunities.

Mark earned a Bachelor of Science in Business Management and Finance from Colorado State University. Mark is an active member of NAIOP and is a sponsor of the Denver and Phoenix Chapters of SIOR.

Max Gagliardi is the Senior Managing Director of Capital Markets of Dalfen. He is responsible for overseeing the firm’s portfolio management, financing, dispositions, and deal structuring activities. Prior to his current responsibilities he led the firm’s investment activities in the east coast markets. Since joining Dalfen, he has underwritten, managed, and closed industrial transactions in excess of $7 billion across North America. Prior to joining Dalfen, Max served as a Research Analyst at Otera Capital, the real estate finance arm of the Caisse de dépôt et placement du Québec (CDPQ).

Max earned a Bachelor of Commerce degree in Economics and Finance from McGill University and is a CFA charterholder. He is an active member of NAIOP and the Mortgage Bankers Association.

Mariam Ghoul is the Managing Director of HR & Operations of Dalfen. She provides recommendations to management on strategic staffing plans, compensation, benefits, training, and development. She also manages resource allocation including liaising with departmental heads to develop , revise and implement operational processes and monitors day to day activities to ensure progress on strategic goals. Prior to her current role, Mariam held different positions with Dalfen, including Real Estate Associate on the Asset Management team, Acquisitions Coordinator, and Executive Assistant to the CIO.

Mariam earned a Bachelor of Arts Degree in Political Science from Mount Saint Vincent University, a Graduate Diploma in Business Management from McGill University.

Brent Morris is Dalfen Industrial’s Head of Investor Relations, responsible for capital raising and investor relations. He has over 23 years of experience in commercial real estate as both a member of investment teams and a leader of capital raising efforts. He has raised in excess of $5 billion of institutional investor capital across a variety of strategies and fund structures.  Prior to joining Dalfen, Brent had been a senior member of fund teams at Deutsche Bank, Capmark Investments and Clarion Partners.

Brent earned a Bachelor of Arts degree from The University of North Carolina and a Master of Business Administration from The University of North Carolina.  He is a member of PREA.

Joseph Walker is the General Counsel and Chief Compliance Officer of Dalfen and is responsible for all legal and compliance matters. He has experience in real estate investment management and private equity since 2014. Prior to joining Dalfen, Mr. Walker worked in private legal practice at Ballard Spahr LLP and Kirkland & Ellis LLP, where he advised private equity fund sponsors and real estate developers. Mr. Walker also served as Senior Corporate Counsel at Bridge Investment Group. In this role, he was responsible for the negotiation of joint venture agreements representing in excess of $1 billion in investor capital and formation of commercial office, seniors housing, and commercial real estate-backed fixed income funds.

Mr. Walker received his Bachelor of Science and Master of Accountancy with an emphasis in Taxation from the Marriott School of Management at Brigham Young University and his Juris Doctor from the J. Reuben Clark Law School at Brigham Young University.

Michael Cohen is Dalfen Industrial’s Head of Acquisitions and is responsible for capital deployment across the United States. Mike has over 20 years of experience and has completed over $5 billion of industrial and office real estate transactions. Prior to joining Dalfen, Mike was a Senior Vice President of Investments with Liberty Property Trust (NYSE: LPT), where he was responsible for capital deployment throughout the East Coast and management of a 9 million square foot industrial portfolio in New Jersey. Prior to Liberty, Mike worked in finance roles for Toll Brothers, Cushman & Wakefield, and Goldman Sachs.

Mike received his MBA in Real Estate and Finance from The Wharton School and his BA in Mathematical Methods in the Social Sciences and Economics from Northwestern University.

Robert Agras is an Asset Manager for Dalfen Industrial’s Southeast Market. He is responsible for the oversight of property management, leasing, strategic planning, budgeting, and financial analysis for this market. Robert brings over 17 years of commercial real estate experience. Prior to joining Dalfen, Robert was a Director with Trimont Real Estate Advisors, where he was responsible for the performance of a nationwide portfolio of commercial properties. Prior to Trimont, Robert has held positions with JLL’s Capital Markets group and managed the real estate for the City of West Palm Beach prior to that.

Robert holds a degree in Finance from Florida International University and a Master of Business Administration from Nova Southeastern University.

Michelle Annett is a Property Manager for Dalfen Industrial and is responsible for the day-to-day management of Dalfen’s central region. Prior to joining Dalfen, Michelle spent 8 years as an Associate VP, Sr. Property Manager for Colony Industrial, formally Cobalt Capital Partners in the Dallas-Fort Worth Metroplex area. She led the PM team that comprised of over 6 million square feet and participated in 2 company transitions. Michelle also held the position of Property Manager for Transwestern Commercial Services, overseeing the day to day operations and project management of 4 million square feet of Industrial property for multiple Institutional ownerships.

Michelle holds her real estate license in Texas and is a member of the Institute of Real Estate Management.

Marissa Arrington is the Due Diligence Manager for Dalfen Industrial. She is responsible for the oversight of due diligence through the purchase of properties for Dalfen Industrial’s growing portfolio. Prior to joining Dalfen, Marissa was an Asset Manager for DCT Industrial, where she led asset management of over 4.6 million square feet of industrial properties nationally and played a key role in acquisitions and dispositions of class A-C industrial properties.

Marissa earned a Bachelor of Arts in Sociology and Elementary Education from University of Colorado at Boulder.

John Block is Dalfen Industrial’s Asset Manager for the west region. He is responsible for the oversight of property management, leasing, strategic planning as well as deal sourcing and capital deployment strategies in select western markets. John has ten years of commercial real estate experience and most recently was Manager of Acquisitions and Asset Management at Bristol Group, a San Francisco-based real estate development and investment firm. Prior to Bristol Group, John was an Acquisition and Asset Management Associate at Black Creek Group and on Eastdil Secured’s equity sales and debt placement team. Over his career, John has participated in the acquisition and financing of real estate assets totaling over $4 billion.

John received a Bachelor of Science in Finance and Real Estate from the Kelley School of Business at Indiana University.

Bree Breeden is the Property Manager for Dalfen Industrial’s Central Texas Region. She is responsible for the oversight of operations and tenant relationships for current properties and those being turned over from development. Most recently, Bree was the Portfolio Manager for Virtua Partners where she managed over 2 million square feet across 6 states. Bree has also held positions with JLL and Lincoln Property Company.

Bree graduated from the University of Minnesota with a Bachelor of Arts in Mathematics.

Kevin Caille is Dalfen Industrial’s Market Officer for Dalfen’s southeast region.

He is responsible for the acquisition, development, and capital deployment strategies, as well as oversees the operational aspects in this region. Kevin has 17 years of experience in industrial real estate and has transacted in over $2 billion in leasing and sales transactions. He brings a unique perspective from both a brokerage and institutional ownership background. Prior to joining Dalfen, Kevin was a Vice President with DCT Industrial Trust, Inc. (NYSE: DCT), one of the largest industrial REIT’s in the United States. In this role, he was responsible for overseeing the leasing, marketing, and portfolio management of a 13 million square foot industrial portfolio in Atlanta and Nashville, and sourcing capital deployment opportunities through acquisitions and development.

Kevin received both his MBA and BBA with a concentration in real estate from the University of Georgia, and he is an active member of NAIOP.

Danila Carlisi joined Dalfen in June 1998. As the company’s Controller, her responsibilities include overseeing the accounting and financial reporting of the entire corporate group. Prior to joining Dalfen, Danila was a senior auditor with a medium sized professional accounting firm in Montreal, Quebec.

Mrs. Carlisi received her accounting designation (CGA) and Bachelor of Commerce from Concordia University in 1997 and 1992 respectively.

Peter Cavazos is Dalfen Industrial’s Vice President of Capital Markets. He is responsible for managing the relationships with our lenders, including negotiations of loans. Peter has over 18 years in the commercial real estate industry, with extensive transactional and portfolio management experience. He brings a unique perspective from his roles as a debt and equity provider with JPMorgan CMBS, Northwestern Mutual Real Estate, and NorthMarq Capital, followed by his positions as a principal owner and developer with Weitzman, Spirit Realty Capital, and RPT. During his career, he has transacted on $4 billion of investments, through debt and equity financings, acquisitions, and dispositions. Additionally, in portfolio management roles, Peter has managed over 500 properties, with a cumulative value of $3 billion.

Peter earned his BBA in Finance from Baylor University and his MBA in Real Estate and Finance from Southern Methodist University.

Tom Dudney is a Senior Asset Manager for Dalfen Industrial’s Texas and Tennessee markets. He is responsible for oversight of leasing, interior construction management, strategic planning, budgeting, property management, and financial analysis for these markets. Prior to joining Dalfen, Tom was a Senior Associate with Harrod Properties, where he was responsible for the development and asset management function of the firm’s office and healthcare platform throughout Texas. Prior to Harrod, Tom has held positions with EY’s Real Estate Transactions group and CBRE’s institutional investment sales group.

Tom holds degrees in Finance and Economics from Southern Methodist University and a Masters in Real Estate from Georgetown University. He is an active member of the Dallas chapters of NAIOP and ULI.

Daniel Elizondo is the Manager of Development & Construction for Dalfen’s central region. He is responsible for managing the execution of the region’s development functions including due diligence, design and construction. Prior to joining Dalfen, Daniel worked as a Structural Engineer.

Daniel earned a Bachelor of Science in Civil Engineering from The University of Nevada, Reno and a Master of Science in Civil Engineering from The University of Texas at Austin.

John Endres is Dalfen Industrial’s Market Lead for the west region. He is responsible for deal sourcing and capital deployment strategies in select western markets. John has ten years of commercial real estate experience and most recently was a Director at Cannae Partners, a San Francisco-based real estate investment group.

John received a Bachelor of Business Administration from the University of San Diego.

Jason Fithian is an Vice President for Dalfen’s Capital Markets team. He is responsible for managing the relationships with our lenders, including negotiations of loans. Prior to joining Dalfen, Jason was an Acquisition Associate for DCT Industrial where he was responsible for acquisition underwriting, portfolio underwriting and analytics, and due diligence activities.

Jason earned a Bachelor of Business Administration degree in Entrepreneurial Management from Texas Christian University. Jason is also a member of NAIOP.

Willis Fries is Dalfen Industrial’s Market Lead for the West region. He is responsible for deal sourcing and capital deployment strategies throughout target markets in the West Coast. Willis has over ten years of experience and most recently was an Investment Director at a NY-based private equity firm, Abinger Capital.

Willis received a Bachelor of Arts degree from Connecticut College.

Sharon Furlong joined Dalfen Industrial in December 1999. As Accounting Manager, her responsibilities include the reviewing of US and Canadian financial reporting packages. She is also working on various special projects with the Controller.

Stephen Huey is the Land Acquisition Manager for the West Coast and is responsible for sourcing development opportunities in the region. Prior to joining Dalfen, Stephen was a Senior Associate at Vestar focused on retail investment opportunities in the Western US. Stephen started his career at Ernst & Young in the Transaction Real Estate Consulting practice.

 Stephen earned a Bachelor of Science in Finance from Arizona State University.

Geoff Kase is the Development Manager for Dalfen Industrial’s Northeast Regional Office (Philadelphia).  His responsibilities include managing due diligence, acquisitions, design, entitlements, and construction management. Geoff has over 30 years of experience managing developing and building over 15 million square feet of industrial, retail, pharmaceutical and office buildings.

Geoff is a licensed professional engineer in the state of Pennsylvania and a Civil Engineering graduate of Penn State University.

Stefan Kelley is an Asset Manager for Dalfen Industrial’s Northeast region. He is responsible for oversight of property management, leasing, strategic planning, budgeting, and financial analysis for these markets. Prior to joining Dalfen, Stefan headed the Capital Markets vertical at Velocity Venture Partners. His prior experience includes acquisition roles at industrial real estate investors/developers Entrada Partners, North Palisade Partners, and Caprock Partners. Stefan began his career as a consultant at FTI Consulting in Los Angeles.

Stefan received his undergraduate degree from Vanderbilt University and a Masters in Real Estate from University of Denver.

Joseph Kilian is the Fund Controller and is responsible for overseeing the accounting and reporting activities for the firm’s fund accounting team. Joseph has several years of experience working in the Private Equity space and fund accounting and has seen the rapid growth in the industrial real estate sector. In this capacity, Joseph has accumulated experience with audits, compliance, investor reporting, and international transactions, as well as training and staffing for these functions.

Joseph is a licensed CPA in the state of Texas, and received his Bachelor’s Degree in Accounting from Texas Tech University.

Tim Kraftson is the Manager of Development & Construction for Dalfen’s central region. He is responsible for managing the execution of the region’s development functions including due diligence, design and construction. Prior to joining Dalfen, Tim worked at a build-to-suit developer and led the entitlement and construction processes for all developments across the country. Prior to that, Tim worked as a commercial construction Project Manager for multiple General Contractors in the DFW area.

Tim earned a Bachelor of Arts in Business/Economics from Wheaton College (IL) and a Master of Business Administration from the University of Texas at Arlington.

John Lettieri is Dalfen Industrial’s Market Officer for Dalfen’s central region. He is responsible for the acquisitions, development, and capital deployment strategies as well as oversees the operational aspects in this region. Prior to joining Dalfen, John was a Senior Associate at GCP Capital Group where he was responsible for originations and underwriting.

John earned a Bachelor of Business Administration degree in Finance at Hofstra University.

Ian Levin is a Senior Analyst for Dalfen’s Capital Markets team. He is responsible for managing the relationships with Dalfen’s equity capital and financing partners. Prior to joining Dalfen, Ian was a Senior Analyst for Gallagher Fiduciary Advisors where he was responsible for portfolio management, portfolio underwriting and manager due diligence.

Ian is a graduate of Hampden-Sydney College with a degree in Economics.

Sheng Li is a Senior Accountant at Dalfen Industrial. She is responsible for financial reporting and analysis for the property portfolios and funds. Prior to joining Dalfen, Sheng worked for Citco as Fund Accountant.

Sheng holds a Masters degree in Finance from McGill University.

Aaron Lin is an Associate on Dalfen Industrial’s Capital Markets team. He is responsible for the firm’s financial modeling, analytical tools development, report automation and market and economic research. Prior to joining Dalfen, Aaron served as an investment associate at FCM Investments, where he helped managing $300+ million investment portfolios.

Aaron earned a BBA degree in Finance from University of Oklahoma and is a CFA charterholder.

Mengdie Lyu is the Assistant Accounting Manager at Dalfen Industrial. She is responsible for receivable activities, monthly financial reporting, forecasts and budgets.

She graduated from McGill University and is now pursuing her CPA designation.

Tyler McElroy is the Director of Development and Construction for Dalfen Industrial and is responsible for overseeing all aspects of the development process for the Southeast region. Prior to joining Dalfen, Tyler worked as a Licensed Structural Engineer.

Tyler earned a Bachelor of Science in Civil and Environmental Engineering from the University of South Carolina and a Master of Science in Civil Engineering from the University of Texas at Austin.

Joyce Meinerding is a Property Manager for Dalfen Industrial and is responsible for day-to-day management of Dalfen’s Midwestern portfolio. Prior to joining Dalfen, Joyce spent 27 years as a Property Manager with Mercantile Center, a property management firm in Cincinnati where she oversaw the day-to-day operations of 270,000 square feet of industrial properties.

Joyce attended Xavier University and studied Business Management. She also carries a commercial real estate license in Ohio and is studying to become licensed in Kentucky.

Liz Morley is Dalfen Industrial’s Brand Manager. She heads up all marketing initiatives include branding, public relations, social medial, website, events, and other marketing-related projects. Prior to working at Dalfen, Liz spent many years marketing products and services in various industries including healthcare, hospitality, and consumer products.

Liz earned a Bachelor of Business Administration degree in Marketing from Texas Christian University.

Antoinette Noronha is the Accounting Manager, leading a team of four accountants. She oversees the Financial Reporting & Analysis for the Joint Venture and wholly-owned portfolios of the organization. Antoinette brings over two decades of experience in Accounting, Management and Personnel training to her position as manager.

Keri Payne is the Lease Transaction Manager for Dalfen Industrial. She is responsible for facilitating the accurate and timely drafting, abstracting and transmittal of lease documents, as well as tracking, verifying, reporting, and disseminating lease data for industrial real estate across the U.S. Prior to joining Dalfen, Keri was a paralegal for DCT Industrial where she was responsible for drafting leasing and property management documents, and maintaining multiple databases and reports related to leasing activity legal invoices and compliance requirements.

Keri earned a Bachelor of Arts Degree in Communications from Regis University in Denver, Colorado and is a United States Navy veteran.

Cooper Salter is the Manager of Development & Construction for Dalfen’s West region. He is responsible for managing the execution of the region’s development functions including due diligence, design, and construction. Prior to joining Dalfen, Cooper worked with mid-size and large general contractors on a wide variety of project types including hospitality, office, retail, aviation, and data centers throughout the United States.

Cooper earned a Bachelor’s degree in Construction Science & Management from Clemson University

Mitchell Vallis is the Property Manager for the Mountain West region. Prior to joining Dalfen, he managed a portfolio of medical office buildings for Mount Carmel in Columbus, Ohio.

Mitchell received his undergraduate degree in accounting from the Ohio State University and his MBA from Franklin University.

Tierra Warrick is a Property Manager for Dalfen Industrial and is responsible for the day-to-day management of Dalfen’s North Carolina and Florida portfolio. Prior to joining Dalfen, Tierra was a Property Manager for Foundry Commercial, where she managed over 4 million square feet of third party and joint ventured industrial properties in the Metro Atlanta area. Tierra has also held positions as Property Manager and Asset manager within the multifamily Real Estate Sector.

Tierra earned a Bachelor of Art in Political Science and French from the University of Georgia and a master’s degree from the University of Alabama at Birmingham.

Jeremy Weisbach is the Asset Manager for Dalfen’s Midwestern region. He is responsible for oversight of property management, leasing, strategic planning, budgeting, and financial analysis for these markets. Jeremy has 17 years of experience in commercial property and asset management.

Jeremy earned a Bachelor of Science degree in Finance and Economics from Illinois State University.  He is a Certified Property Manager with the Institute of Real Estate Management and a CCIM designee.

Richard Weiss is the Market Officer for Dalfen’s western region. He is responsible for the acquisitions, development, and capital deployment strategies as well as oversees the operational aspects in this region. Rich has over 15 years of experience in the industry, most recently serving as a Principal at Investcorp. Rich spent over 8 years at Investcorp and was responsible for the sourcing and closing of transactions in excess of $3.5 billion across various geographies and product types. Prior to Investcorp, Rich spent two years as a Vice President in the Institutional Investment Sales Group of CBRE in New York, NY, and four years at Clarion Partners in Washington, DC and New York, NY.

Rich received a Bachelor of Business Administration degree in Finance from the University of Miami, Florida.