THOMAS MORABITO

President 

 

With over 20 years in commercial real estate development, Tom’s expertise and knowledge in all aspects of the industry is unrivaled. In 1998 Tom joined Preferred Development Partner and Head of the company’s Midwest developments. Prior to joining Preferred, Tom was with Centrum Properties in Chicago. During his career, has developed, built, sold, and managed over 4,000,000 square feet of investment-grade properties.

At Preferred, Tom was responsible for the financing of all projects as well as coordinating the crossfunctional team efforts of in-house project managers and engineers to orchestrate all ground-up development as well as serving as director of development for Preferred’s in-house management team. Tom and his staff have managed properties of all varieties of product types located throughout the nation. In addition, they continue to manage properties leased to the federal government (GSA) to such agencies as the ATF and the DEA; located in Philadelphia and Walnut Creek, CA, respectively.

As president of Seneca, Thomas has transitioned from owner to advisor, focusing on the growth of the Property Management Division by providing outstanding quality management, service and advice for his clients.

Tom’s vast experience in developing properties for his own account, and managing properties on behalf of his own portfolio as well as third party clients make Tom uniquely qualified to handle any and all property management opportunities and he welcomes the opportunity to advise and consult with property owners of all classes of properties.

A graduate of the State University of New York at Geneseo, Tom received his Bachelor of Science degree in Accounting and a post-graduate degree from the highly-accredited Masters program in Real Estate and Construction Management at the University of Denver. He is a Licensed Real Estate Broker in Illinois and a member of the Urban Land Institute (ULI) and the International Council of Shopping Centers (ICSC).