Our Founders

Carmen D. Spinoso is the founder and CEO of Spinoso Real Estate Group.  Mr. Spinoso also personally directs the company’s leasing organization and operation.

With two decades of diverse experience, Mr. Spinoso has led numerous real estate developments and has personally completed or overseen literally thousands of leases and other business transactions with the nation’s top retail, dining, hospitality, entertainment operators, financial institutions, real estate development firms, as well as countless third party consulting firms and vendors – and in the process has built a vast network of strong personal relationships.

Mr. Spinoso began his real estate career twenty years ago as a leasing executive with the Pyramid Companies.  During his tenure with The Pyramid Companies, Mr. Spinoso rose to the position of Senior Vice President of Real Estate with responsibility for all phases of Leasing, Expansions, Development, and Re-development for a portfolio of 20 million square feet as well as chaired Pyramid’s Real Estate Committee Meetings, held daily at 6:30 am, Monday through Saturday – overseeing and directing virtually every functional area of the company as well as providing focused training for the leasing staff.

Mr. Spinoso also held positions of Director of Leasing and Senior Vice President of Development with Wilmorite, Inc., a Rochester, NY based shopping center developer with a portfolio of nearly 20 million square feet of retail property leading both development and re-development projects.

Most recently, Mr. Spinoso held the position of President of SRC Development Group, leading the development of a 2.5 million square foot world-class mixed use project.  There, Mr. Spinoso was responsible for leading project visioning, design, marketing, leasing as well as integrally involved in financing, approvals, and development of a public/private partnership with local and state agencies.

Over his career, Mr. Spinoso has had extensive capital markets experience – personally involved in financing transactions totaling in excess of $2 Billion.

Mr. Spinoso has also been involved in the due-diligence and acquisition process of numerous regional shopping mall assets purchased in joint venture with third-party investment firms and directly with principals.

Mr. Spinoso is an active member of International Council of Shopping Centers.

Tom Herman is a co-founder and principal of Spinoso Real Estate Group.  With twenty years in the retail real estate industry, Mr. Herman is a highly experienced real estate development research professional.  Mr. Herman earned undergraduate and master’s degrees in Applied Retail Geography with specific emphasis on demographic research, statistical analysis, site selection, feasibility studies, and retail sales modeling.

Mr. Herman began his real estate career in 1990 as a market research analyst with Fay’s Incorporated, based in Syracuse, NY.  Fay’s consisted of three divisions (retail drug stores, auto parts, and book/office supplies) with a total of 300 stores and over $1 billion in annual sales.   Mr. Herman’s responsibilities included site selection and sales forecasting for new retail stores, sales model building, acquisition opportunity analysis, market entry strategy planning, competitive assessment and analysis, demographic studies, and operational efficiency improvement research.

Mr. Herman held the position of Director of Market Research at Wilmorite, Inc., a Rochester, NY based shopping center developer with a portfolio of nearly 20 million square feet.  Mr. Herman established a market research department within the firm to assist with shopping center marketing and leasing, new project feasibility analysis, acquisition due-diligence, and strategy planning and was integrally involved in many facets of the development business including site selection and acquisition, property entitlement, real estate finance, mall shop, department store, and big-box leasing.

In addition, Mr. Herman held the position of Director of Marketing and Research at The Pyramid Companies, a Syracuse, NY based development firm with a portfolio of 20 million square feet.  Mr. Herman was responsible for all facets of the firm’s marketing and research efforts with heavy emphasis placed on the direct support of the leasing team.   As a member of the Senior Management Team, Mr. Herman was also integrally involved in many other aspects of the firm’s operation including corporate strategic planning, regular interaction with numerous Wall Street financial institutions, rating agencies, and appraisal firms and the recruitment and training of leasing team members.

Most recently, Mr. Herman held the position of Sr. Vice President of SRC Development Group where he was integrally involved in the development of a 2.5 million square foot mixed use project.  Mr. Herman’s primary responsibilities included marketing and leasing and he was part of the team that implemented project financing and approvals.

Mr. Herman is an active member of International Council of Shopping Centers