We are a company of entrepreneurs who are recognized for developing effective strategies for all types of real estate. As owners ourselves, we provide our clients the level of service we would want to receive.
HSA Leadership
Jack Shaffer, Chairman
Robert E. Smietana, Vice Chairman, Chief Executive Officer
Daniel F. Miranda, President
Melissa Pielet, Executive Vice President, Finance Division
Division Leadership
Craig Phillips, Executive Vice President, Development Division
Tim Blum, Executive Vice President, Managing Director of Retail Division
Joel S. Kasanov, General Counsel
John Maduros, Executive Vice President, Chief Financial Officer
Christine Muszynski, Executive Vice President, Director of Management Operations
Eric Ogden, Senior Vice President, Acquisition Division
Tim Thompson, Executive Vice President, Managing Director of Industrial Brokerage Division
John Wilson, President, Corporate Real Estate Services and PrimeCare Divisions
Jack Shaffer
Jack Shaffer is chairman and founder of HSA Commercial Real Estate and has been active in the marketing and development of commercial real estate for more than 30 years.
Experience
Shaffer founded HSA in 1981. Since then, he has been directly involved in the construction and development of more than 30 million square feet of industrial and office space, and in the acquisition of more than 30,000 acres for the development of business parks, shopping centers, and industrial properties. Some of Shaffer's projects include the development of the 63-acre Broadview Village Square, the 300-acre Kensington Industrial Park, the 550-acre Turnberry Lakes International Business Park, three Covington Corporate Center business parks totaling more than 300 acres, the 10-acre Oakbrook Terrace Office Park, the 33-acre Highland Oaks Office Park, the 30-acre Opus West Office Park, and the 1,200-acre Governors Gateway Industrial Park.
Prior to forming HSA, Shaffer started MRX/Midwest Realty Exchange. Shaffer also held executive positions at Hawthorn Realty Group, and Northwest Industries (Northwestern Rail and New York Central Railroad). He was involved in the development of the 6,500-acre new town of Park Forest South in Illinois, and the purchase of 6,500 acres for the $1.5 billion Jones & Laughlin Steel Plant in Hennepin, Ill.
Affiliations
Shaffer is a licensed real estate broker in the State of Illinois and is a member of the Society of Industrial and Office Realtors (SIOR), the Industrial Development Research Council, the National Association of Industrial and Office Properties (NAIOP), and Lambda Alpha.
Education
University of Illinois, MS, Business
University of Illinois, BS
Contact
HSA dial: 312.332.3555
Email: jshaffer@hsacommercial.com
Robert Smietana
Robert Smietana is vice chairman and chief executive officer of HSA Commercial Real Estate. He is responsible for overall corporate strategy and direction, managing existing client accounts, directing project teams on behalf of third-party owners, developing new business, and managing day-to-day company operations.
Experience
Under Smietana's supervision, HSA's diversified management portfolio has consistently ranked in the top 10 in Chicago and grown to include more than 15 million square feet of office, industrial, retail and corporate facilities in 11 states.
Smietana has completed more than 50 commercial developments comprising more than 12 million square feet and valued at $1.5 billion. His diverse development experience, which began in 1978, includes industrial, retail, hotel, suburban and urban office, senior housing and medical office. He has been responsible for all phases of real estate, including land acquisitions, entitlements, design development, financing, construction management operations, property and asset management, and brokerage.
Affiliations
Smietana is a licensed real estate broker in the State of Illinois and a licensed architect in the State of Wisconsin. He is a member of International Council of Shopping Centers (ICSC), the National Association of Industrial and Office Properties (NAIOP), and the Young Presidents Organization (YPO). He is an executive committee member and serves on the board of directors of Chicago Commons, is vice president and director of the University of Illinois Real Estate Alumni Forum, is a founding member of the University of Illinois' School of Architecture Professional Partners Committee, serves as the chairman of the Village of Kenilworth Plan Commission, and is a former director of the Great Northern Savings Bank. Smietana has been a featured speaker before the American Institute of Architects (AIA), the Indiana University Center for Real Estate Studies, Commercial Property World, NAIOP, DePaul University, The University of Illinois, and the Chicago Association of Commerce.
Education
University of Illinois, BS, Architecture
Contact
HSA Direct Dial: 312.683.7225
Email: bsmietana@hsacommercial.com
Daniel F. Miranda
Daniel F. Miranda, president of HSA Commercial Real Estate, is primarily responsible for new business relationships under which HSA engages in third-party management and consulting assignments, acquires and develops properties, and expands the firm’s network of institutional clients and capital sources.
Experience
Miranda has built a diverse commercial real estate career ranging from the practice of law to development and finance, as well as the development of service companies serving the industry.
Previously, Miranda served as managing director for national services and prior as the head of the Midwest region of GE Capital Real Estate, co-founder and president of the $1.2 billion Security Capital Preferred Growth Investment Fund, and CEO of MB Real Estate, managing more than 17 million square feet of office and industrial properties.
During his career, Miranda has developed, owned and managed hotel, office, industrial, retail and parking facilities across the country. He has extensive experience in developing and managing debt and equity portfolios as well as building portfolio acquisitions and sales. He has managed brokerage teams and both public and private full-service real estate organizations.
Affiliations
Miranda is a licensed real estate professional and attorney in the State of Illinois and has been an active board member in organizations such as Northwestern University Kellogg Graduate School of Business, the Guthrie Center for Real Estate Research, the Greater North Michigan Avenue Association, the Urban Land Institute and the National Association of Real Estate Investment Trusts (NAREIT).
Education
Columbia University Law School, JD (Harlan Fiske Stone Scholar)
University of California at Berkeley, BA (with Honors)
Contact
HSA Direct Dial: 312.683.7227
Email: dmiranda@hsacommercial.com
Melissa S. Pielet
Melissa S. Pielet is executive vice president and principal with HSA Commercial Real Estate. She is head of HSA's Finance Division and responsible for all of HSA Commercial's real estate developments and acquisitions, including procuring acquistion and development loans, construction financing, permanent financing, joint ventures, and lines of credit. Pielet also manages all of HSA's 13 million square feet of owned assets, with respect to financial servicing matters.
Experience
Since joining HSA, Pielet has arranged financing for more than 20 million square feet of commercial real estate in excess of $1 billion and has been involved in the acquisition, development and financing for business parks in multiple markets nationwide. Representative projects Pielet has been involved with include a 400,000-square-foot redevelopment for a City of Chicago maintenance facility; a 40,000- square-foot, built-to-suit headquarters for First of America Bank; four downtown Chicago retail redevelopments totaling 550,000 square feet and four senior housing facilities.
Prior to joining HSA, Pielet was with Heller Real Estate Financial Services.
Affiliations
Pielet is a licensed real estate professional in the State of Illinois, a Certified Commercial Investment Manager (CCIM) and a member of the International Council of Shopping Centers (ICSC).
Education
University of Wisconsin, Real Estate and Marketing
Contact
HSA Direct Dial: 312.683.7240
HSA email: mpielet@hsacommercial.com
Craig J. Phillips
Craig J. Phillips is an Executive Vice President and head of HSA's Development Division, one of the most active development firms in the Midwest. His responsibilities are extensive, including creating new development opportunities for the firm and managing the development, leasing and entitlement processes to finalize a successful project.
Experience
Phillips has over 20 years of experience in project developments, most recently as a partner and regional vice president at Seefried Properties, Inc., where he delivered over 1,000,000 square feet of industrial space with a market value in excess of $100 million. As a respected member of the development community, Phillips has had articles published in several magazines, was named the 2006 NAIOP finalist for his firm's redevelopment of the 253,000 square foot Eagle Global Logistics build-to-suit property in Elk Grove Village, Ill., and was awarded the 2007 Village of Wilmette Historic Preservation Award for new residential construction.
Affiliations
Phillips has earned his SIOR designation, is a member of the Association of Industrial Real Estate Brokers (AIRE) and a member of NAIOP.
Education
Anderson Graduate School of Business, UCLA,
MBA, Business Administration
Northwestern University, BS, Industrial Engineering
Contact
HSA Direct Dial: 312.683.7252
Email: cphillips@hsacommercial.com
Timothy C. Blum Timothy C. Blum is executive vice president and managing director of HSA Commercial Real Estate’s Retail Brokerage Division.
Experience
Active in tenant and product representation for more than 20 years, Blum has represented retail clients including J.C. Penny’s, Carson’s Furniture, Value City Department Stores, Galyans, Old Navy, Bed Bath and Beyond, Kohl's, Sportmart, DSW, and Barnes and Noble. Additionally, Blum has been involved in more than three million square feet of retail and mixed-use developments.
Some of Blum’s projects include Orland Park Place, an award-winning retail redevelopment project in Orland Park, Ill., and a mixed-use redevelopment project in Royal Oak, Mich., that includes retail and residential condominiums.
Prior to joining HSA, Blum held positions as an acquisitions and asset specialist and retail broker with Brauvin Realty and VMS Realty in Chicago.
Affiliations
Blum is a licensed real estate professional in the State of Illinois and a member of the International Council of Shopping Centers (ICSC).
Education
Loyola University, BBA, Finance and Computer Science
Contact
HSA Direct Dial: 312.683.7256
Email: tblum@hsacommercial.com
Joel S. Kasanov
Joel S. Kasanov is the general counsel for HSA Commercial Real Estate.
Experience
Kasanov handles various legal matters on behalf of HSA, including acquisitions, loans, lease negotiations, supervising outside counsel, handling litigation and advising HSA management on miscellaneous corporate matters.
With more than 30 years of legal experience, Kasanov has been engaged in both private practice and serving as in-house counsel to commercial real estate development companies.
Affiliations
Kasanov is a member of the Illinois State Bar.
Education
University of Illinois, BA, Political Science
DePaul University College of Law, JD
Contact
HSA Direct Dial: 312.683.1274
Email: jkasanov@hsacommercial.com
John Maduros
John Maduros is executive vice president and chief financial officer of HSA Commercial Real Estate, and is responsible for corporate and venture accounting, tax matters, treasury, deal structures and special project analysis.
Experience
With more than 22 years of experience in the real estate industry, Maduros has been responsible for refinancing and restructuring mortgage debt and has extensive experience in structuring real estate ventures with the intent of minimizing income tax consequences. He has also been involved in the development and implementation of accounting departments, which include hiring, supervising and training of accounting professionals, developing policies and procedures, and implementing accounting software.
Prior to joining HSA, Maduros was the chief financial officer of the Shidler Group where he was involved in cash management, acquisitions, dispositions, debt, procurement, property management and tax planning.
Affiliations
Maduros is a Certified Public Accountant (CPA) and member of the American Institute of CPAs and the Illinois CPA Society.
Education
Northern Illinois University, BS, Accountancy
Contact
HSA Direct Dial: 312.683.7264
Email: jmaduros@hsacommercial.com
Christine Muszynski
Christine Muszynski is executive vice president, principal and director of management operations at HSA Commercial Real Estate. She is responsible for overall management of existing client accounts and directing project teams on behalf of third-party owners.
Experience
With more than 30 years of property management experience, Muszynski possesses expertise in lease renewals and expansion negotiations. She has been responsible for more than $50 million in construction projects inclusive of significant tenant build-outs and major capital improvement programs. She also served as the account manager for the Bank One (now JP Morgan Chase) management assignment, consisting of 275 bank facilities in Northern Illinois with an annual operations budget of over $35 million. She has also been responsible for the financial and equitable aspects of properties owned by Equitable Real Estate Investment Management, Lutheran Social Services, The Gateway Foundation, General American Life Insurance, Royal Neighbors of America, Capital Realty Advisors, Five Star Ventures, and Lennar Partners.
Muszynski began her career with Wirtz Realty Corporation at a 35-story Michigan Avenue office building and later worked with Brauvin Realty Services managing a portfolio of suburban office and retail properties.
Affiliations
Muszynski is a licensed real estate professional in the State of Illinois.
Contact
HSA Direct Dial: 312.683.7276
Email: cmuszynski@hsacommercial.com
Eric Ogden
Eric Ogden is senior vice president with HSA Commercial Real Estate’s Acquisition and Development Division, and works within the division in identifying the acquisition and development of industrial product on a national basis.
Experience
Prior to joining HSA, Ogden was director of multi-family finance at Prairie Realty Advisors. Previously, he served as the vice president of real estate acquisition and development at LaSalle Bank, where he closed more than $300 million in loans over three years. Ogden has also worked as a real estate development specialist with American Family Insurance, and held positions at the Rifkin Group, Allianz Investment Corporation, and Andersen Consulting.
Affiliations
Ogden is a licensed real estate broker in the State of Wisconsin.
Education
University of Wisconsin, MSA, Real Estate Appraisal and Investment Analysis
University of Wisconsin, BBA, Finance, Investment and Banking
Contact
HSA Direct Line: 312.683.7242
Email: eogden@hsacommercial.com
Tim Thompson
Tim Thompson is executive vice president and managing director of HSA Commercial Real Estate’s Industrial Brokerage Division.
Experience
Thompson has been a licensed real estate broker for more than 25 years and has worked on teams representing a host of industrial users and building owners throughout the metropolitan Chicago area. His many clients include WISPARK Corporation, CenterPoint Properties, Metropolitan Life Insurance Company, The Alter Group, Midwest Warehouse & Distribution System, First Industrial Real Estate Trust, Catellus Commercial Group LLC, McShane Corporation, Chicago Tribune Inc., and Computer Discount Warehouse.
Thompson has also been directly responsible for leasing several of HSA’s recent industrial developments and works closely with third-party owners to market their assets for sale and lease.
Affiliations
Thompson is a licensed real estate professional in the State of Illinois and a past president of the Association of Industrial Real Estate Brokers (AIRE). He is also Society of Industrial and Office Realtors (SIOR) designee.
Education
Dominican University, MBA
Northeastern Illinois University, BA
Contact
HSA Direct Dial: 312.683.7260
Email: tthompson@hsacommercial.com
John Wilson
John Wilson is president of the Corporate Real Estate Services and Office Brokerage Divisions of HSA Commercial Real Estate, as well as president of HSA PrimeCare, HSA’s health care real estate consulting services group. He leads a group of talented brokers specializing in corporate services, office brokerage and healthcare real estate consulting.
Experience
Having been in the industry for more than 20 years, Wilson is one of Chicago’s most respected commercial real estate leaders. He has been successful in all aspects of the industry, including tenant representation, property marketing, real estate development, land transactions and owner representation. Wilson has negotiated hundreds of lease transactions valued in excess of $1 billion on behalf of a variety of prominent tenants and landlords. Some of those clients include The Federal Reserve Bank of Chicago, Kemper Financial Services, Honeywell and Bank of America.
In 1995, Wilson initiated a healthcare real estate advisory initiative which has grown into a separate operating division of HSA called PrimeCare. Wilson has led the growth of this group, which serves clients such as Good Samaritan Hospital, Christ Medical Center, Lutheran General Hospital, Provena St. Joseph, Provena St. Mary’s South Suburban Hospital, and M & M Orthopaedics, to name a few. The group has also developed and purchased nine medical office buildings across the nation totaling more than 500,000 square feet in size.
Wilson began his career in 1976 and was a top grossing broker by age 25. He co-founded Irvine Associates (later renamed Realsource, Inc.) and developed the company into one of the largest real estate firms in the Midwest.
Affiliations
Wilson is a licensed real estate professional in the State of Illinois, a charter member of the Chicago Office Leasing Brokers Association and a member of The LaSalle Street Council, The International Development and Research Council, and on the Advisory Board of B.U.I.L.D.
Education
Benedictine University
Contact
HSA Direct Dial: 312.458.4424
Email: jwilson@hsacommercial.com
