Who We Are

Daniel Hotte – Principal
Daniel Hotte graduated from Ottawa Law School in Ottawa Canada in 1976 and the Quebec Bar School in 1977 .He also holds a bachelor’s degree in Business Administration from Lionel Groulx College in Quebec, Canada. Since 1980, he has been involved in all aspects of the real estate business as principal and owner of his company, specializing in retail centers, office buildings, mixed use projects and various single tenant properties as a preferred developer . He has also served on the board of the 3rd largest Bank in Canada, Banque National, with its affiliate, Natbank, in Florida .

Seth Gadinsky – Principal
Seth Gadinsky entered the real estate business upon graduation with a masters degree in Civil Engineering from M.I.T. in 1983. He also holds a bachelor’s degree in Civil Engineering from Tufts University where he graduated Summa Cum Laude. Over the past 30 years, he has developed, leased and operated shopping centers, large and small, and many single tenant projects for clients such as Walgreens, TD Bank, Starbuck’s and Blockbuster Video. He has represented tenants in their expansion projects and consulted with owners to help bring retail projects to life on their property. He has also served as the Florida Board Chair for the Anti-Defamation League.

A.J. Belt – Principal
A.J. Belt currently serves as a principal of Avison Young – Florida, headquartered in Fort Lauderdale, FL. Having been a principal in the creation and operation of the publicly traded Dutch retail real estate fund, DIM Vastgoed, N V (Euronext Amsterdam Exchange) from 1996 through its sale in April 2010, as well as 18 Dutch partnerships (“Maatschaps”) from 1992 – 2000, A.J.’s career has centered primarily on the retail and commercial office real estate asset classes, as well as the capital markets with his development, acquisition and financial structuring capabilities and asset and property management pedigree. Significant assignments bridging the service sector spectrum have totaled over $2B of commercial value. A.J. earned his Bachelor of Science Degree in Business Administration from The University of North Carolina – Chapel Hill (1981) and has the following affiliations / accreditations; ICSC, State of Florida – Licensed Real Estate Broker, State of Florida – Certified General Contractor (1986 – 2005), U.S. Green Building Certification Institute designation – LEED Accredited Professional (March 2009)

Carl Fusco – Principal
Carl has over 30 years experience in the consumer and residential finance industry.  He founded First New England Financial Corporation and Yacht Insurance Specialists in 1976.  First New England was sold to AmeriFirst Bank in Miami, FL in 1987 and Carl remained as president of this subsidiary. The company was then sold to the General Electric Capital Corporation in 1989, where Carl remained president.  Carl became President and CEO of Yegen Associates, a multi service finance company with over 50 offices nationwide and 500 employees, originating auto, second mortgage, marine, and mobile home financing.  Carl purchased National Liquidators, a bank service company in Ft. Lauderdale, FL specializing in remarketing and auctioning of boats and recreational vehicle repossessions.  In March 2007 Carl initiated and was the advisor and broker on a $2 Billion home equity portfolio acquired by Bear Stearns and sold by Sovereign Bank.

In 2011, as president of NPA Associates, Carl oversaw the acquisition of $245,000,000 in charged off secured consumer debt as well as $25,000,000 of 1st mortgages in the U.S. Virgin Islands from Flagstar Bank. In December of 2012, a NPA 100% owned affiliate, Mischa Hill Associates acquired $757,000,000 in 14,000 non performing 2nd mortgages thru its servicer Vantium/SRG of Dallas Texas. Since its founding in 1992, NPA Associates actively acquires non-performing consumer and residential loan portfolios and has established a number of limited partnerships. The company currently owns and manages assets representing over $1 billion in residential and consumer loan portfolios and over 20,000 loans. NPA’s associated companies hold principal and equity stakes in commercial real estate in Wilton and Lyme, CT, Miami Beach and Naples, FL and in Puerto Rico. The companies are general and limited partners in over 500,000 square feet of commercial office space.