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 four real estate funds, which have owned, operated, and developed 35 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 it’s 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 nations largest owners and developers of industrial real estate and a leader in the last mile 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.

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.

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 $3 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.

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.

Kevin Caille is Dalfen Industrial’s Market Officer for Dalfen’s southeast region. He is responsible for the acquisitions, development, and capital deployment strategies as well as oversees the operational aspects in this region. Kevin has over 15 years of experience and has transacted in over $1 billion in industrial real estate leasing and sales. 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, as well as source 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.

Jacee Choi is the Accounts Payable Manager at Dalfen Industrial. She supervises the account payable department and is involved in the treasury function. Prior to joining Dalfen, Jacee worked for the Canada Revenue Agency.

Jacee holds a bachelor’s degree in Actuarial Mathematics from Concordia University and a Diploma in Accounting from McGill University.

Michael Cohen is Dalfen Industrial’s Market Officer for Dalfen’s northeast region. He is responsible for the acquisitions, development, and capital deployment strategies as well as oversees the operational aspects in this region. Mike has over 15 years of experience and has completed over $5 billion in 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 overseeing capital deployment opportunities throughout the East Coast, as well as managing a 9 million square foot industrial portfolio in New Jersey.  Prior to Liberty Property Trust, 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.

Tom Dudney is a Senior Asset Manager for Dalfen Industrial’s Texas and Georgia markets. He is responsible for oversight of property management, leasing, strategic planning, budgeting, 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 properties 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 and 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 – Vice President | Capital Markets

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.

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.

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.

Hunter Graham is the Manager of Development & Construction for Dalfen’s southeast region. He is responsible for managing the execution of the regoin’s development functions including due diligence, design and construction.

Hunter earned his Bachelor of Business Administration in Finance and Masters in Real Estate from Texas A&M University. Hunter holds an active Texas Real Estate Sales license.

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.

Daniel Jackson is the Asset Manager for Dalfen Industrial’s West region. He is responsible for oversight of property management, leasing, strategic planning, budgeting, and financial analysis for these markets. Prior to joining Dalfen, Dan was VP of Asset Management with Lincoln Advisors, a division of Lincoln Property Company where he led asset management activities on the west coast and Dallas for separate account pension fund clients. Prior to Lincoln, Dan worked in commercial real estate brokerage and advisory.

Dan is a graduate of Miami University in Oxford, OH with a B.A. and earned his M.B.A. in Real Estate Finance from DePaul University, where he was a graduate research assistant in the Real Estate Department.

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.

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.

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.

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’s southeast region. He is responsible for the sourcing and management of our development projects. 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.

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.

Kyle Russell is the Vice President of Development Management for Dalfen Industrial and is responsible for managing the execution of Dalfen’s development functions which include real estate site selection, due diligence, design and construction. Prior to joining Dalfen, Kyle led project management at Scannell Properties for Texas and Georgia developments. Prior to Scannell, Kyle managed major ground-up projects in the CBRE Texas market for major companies including McKesson, Nissan Motors, Quest Labs and Core5 Industrial Partners totaling 4.9 million square feet.

Prior to achieving his professional license as a Registered Architect, Kyle earned a Bachelor of Architecture from Texas Tech University in 1998. Above all he is a proud father and husband.

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.