Mr. Persico serves as the Chief Financial Officer of the firm. His primary responsibilities include oversight and management of all treasury, accounting and financial reporting functions, as well as the maintenance of all of the firm’s banking and investor relations.
Prior to joining JBC, Mr. Persico was a Managing Director at The Corvus Group Inc., primarily responsible for oversight of the firm’s ongoing contracts with the FDIC. Mr. Persico was hired by Corvus in 2010, at the height of the most recent financial crisis, to provide consulting and compliance monitoring services to the FDIC in their disposition of over $8 billion in failed bank commercial real estate loan and REO portfolios. From 1997 to 2010, Mr. Persico was Sr. Vice President and Chief Financial Officer of Metropolitan Real Estate Co., a commercial real estate development company located in Oak Brook, IL. He also served as President of Metropolitan’s residential development company, Stonegate Development, Inc. from 2000 to 2010. In these executive positions, Mr. Persico was responsible for the development and sale of over $200 million in residential condominium, retail and mixed-use projects, including several build-to-suit Walgreens retail outlets and prominent downtown Chicago condominium buildings such as Silver Tower and Park Place Chicago. Mr. Persico began his career at the public accounting firm Altschuler, Melvoin & Glasser.
Mr. Persico earned his B.S. in Accounting from Illinois State University in 1987 and is a CPA in the State of Illinois.