Salvatore Troia Joins NNN Pro as Chief Financial Officer as Company Continues to Bolster Brokerage Platform

Rhea-AI Summary

NNN Pro, a leading net lease investment sales and advisory firm, has appointed Salvatore Troia as Chief Financial Officer. Troia, who brings over 25 years of financial leadership experience, previously served as CFO of Douglas Elliman Real Estate. He will oversee all financial activities at NNN Pro.

The firm aims to expand its brokerage and advisory platform, with recent office openings in Boston, Phoenix, and Washington D.C. This follows NNN Pro's strategic partnership with SURMOUNT, a newly branded investment holding company focused on multiple sectors.

Positive

• Salvatore Troia's appointment as CFO brings over 25 years of experience to NNN Pro.
• Troia's background includes leadership roles at major firms such as Douglas Elliman Real Estate, RCS Capital Corp, Cetera Financial Group, and Guardian Life Insurance.
• NNN Pro is expanding its brokerage and advisory platform, adding offices in Boston, Phoenix, and Washington D.C.
• The company is strategically partnering with SURMOUNT, an investment holding company focused on multiple sectors.

Negative

• No significant financial data or revenue figures were disclosed in the press release.
• The impact of the new CFO on short-term financial performance remains uncertain.

NEW YORK--(BUSINESS WIRE)-- NNN Pro, the market leading net lease investment sales and advisory firm, announced the appointment of Salvatore Troia as Chief Financial Officer, effective immediately. In this role, Mr. Troia will be responsible for overseeing and managing all financial activities related to the operations of the business.

(Photo: Business Wire)

Mr. Troia most recently served as Chief Financial Officer of Douglas Elliman Real Estate, a division of Douglas Elliman Inc (NYSE: DOUG), one of the largest residential brokerage firms in the country. Over his more than 25-year career, Mr. Troia has held various leadership roles including Chief Financial Officer and Chief Accounting Officer at several broker-dealer and advisory services companies, including RCS Capital Corp, Cetera Financial Group and Guardian Life Insurance.

“Sal is an accomplished CFO and leader who brings an abundance of knowledge and expertise to our organization,” said Glen Kunofsky, CEO of NNN Pro. “We are excited to have him join the company as we continue to invest in our brokerage platform and team and look forward to his partnership in helping us further scale and grow our business.”

NNN Pro has expressed ambitious growth goals of further expanding their brokerage and advisory platform, adding a significant number of experienced and associated-level agents nationwide. Over the past year they established additional office presence in Boston, Phoenix, and most recently, Washington D.C.

This announcement comes on the heels of NNN Pro’s recent announcement, alongside affiliate company STNL Advisors, about their strategic partnerships with newly branded investment holding company “SURMOUNT.” SURMOUNT is an institutional platform focused on investing across multiple sectors to create enhanced enterprise value for both real estate and investing opportunities. For more information on SURMOUNT, please visit https://www.surmount.com

For more information visit www.nnnpro.com

View source version on businesswire.com: https://www.businesswire.com/news/home/20240605105195/en/

Media

Gagnier Communications

Dan Gagnier

dg@gagnierfc.com

Source: NNN Pro

FAQ

Who is the new CFO of NNN Pro?

Salvatore Troia has been appointed as the new Chief Financial Officer of NNN Pro.

What experience does Salvatore Troia bring to NNN Pro?

Salvatore Troia has over 25 years of financial leadership experience, having held roles at Douglas Elliman Real Estate, RCS Capital Corp, Cetera Financial Group, and Guardian Life Insurance.

What are NNN Pro's recent expansion efforts?

NNN Pro has opened new offices in Boston, Phoenix, and Washington D.C. to expand its brokerage and advisory platform.

What is SURMOUNT in relation to NNN Pro?

SURMOUNT is a newly branded investment holding company with which NNN Pro has recently formed a strategic partnership.