Eric Masaschi

Eric Masaschi Email and Phone Number

East Region President at Forestar Group Inc. @ Forestar Group Inc.
Eric Masaschi's Location
Atlanta Metropolitan Area, United States, United States
Eric Masaschi's Contact Details
About Eric Masaschi

Accomplished Real Estate Executive with 24+ years of experience in leadership, strategic visioning, master planned community development, homebuilding, land acquisitions, entitlements, and effective operational management in the real estate industry. Experienced at leading a company to grow its revenues and profits through strategic planning, financial analysis, sales and marketing, new business development, and operational efficiencies. Extremely adept at hiring, training and mentoring managers to optimize their efforts, while creating highly competent, accountable and decision oriented teams that accomplish their goals.

Eric Masaschi's Current Company Details
Forestar Group Inc.

Forestar Group Inc.

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East Region President at Forestar Group Inc.
Eric Masaschi Work Experience Details
  • Forestar Group Inc.
    East Region President
    Forestar Group Inc. Oct 2024 - Present
    Arlington, Texas, Us
  • Forestar Group Inc.
    East Region Vice President
    Forestar Group Inc. May 2021 - Oct 2024
    Arlington, Texas, Us
    Responsible for all P&L of the East Region by leading a team of experienced managers and staff to execute the core business of community development and lot deliveries to homebuilders.
  • Forestar Group Inc.
    Southeast Divison President
    Forestar Group Inc. Jun 2019 - Nov 2022
    Arlington, Texas, Us
  • St. Bourke
    President - Development
    St. Bourke Apr 2016 - Jun 2019
    Atlanta, Georgia, Us
    With 20 years of industry experience across the public and private sectors, Eric has worked with major development companies and leading national homebuilders. He has successfully negotiated the acquisition and entitlement of over 5,000 acres of land with a gross realization in excess of $750MM. To date, Eric has developed more than 10,000 residential lots and is responsible for some of the Southeast’s most successful residential communities. As the head of St. Bourke’s Development team, Eric provides strategic leadership, oversees daily operations, and manages every phase of the development process. He leverages his diverse skillset and expertise to ensure St. Bourke creates residential developments and communities where people thrive and long-term value is maximized.
  • Calatlantic Homes
    Vice President Of Land Acquisition And Development
    Calatlantic Homes Apr 2013 - Apr 2016
    Arlington, Va, Us
    Responsible for the overall Land strategy for the Atlanta Division, including overseeing and leading all land acquisitions and development for the Division.Key Highlights• Strategic member of the Division’s leadership team and intrinsically involved in the overall strategy of the most profitable Division in the Company, which grossed almost $30M in profit in 2014.• Successfully negotiated and closed 25 land deals comprising over 1900 lots and over $100M in land value.• Efficiently oversaw the entitlement, engineering and development of over 1700 lots with a development budget of over $71M.• Strategically support and give leadership to all critical homebuilding operations including Sales, Construction, Purchasing and Architecture in a Division that sold and closed almost 500 homes in 2014.
  • Hd Supply
    Manager, Real Estate Transactions
    Hd Supply Nov 2011 - Apr 2013
    Atlanta, Georgia, Us
    Responsible for overseeing and facilitating all real estate transactions across the company, including Greenfield development, relocations, expansions and consolidations for a portfolio of over 800 locations across North America. Key Highlights • Effectively managed a volume of up to 300 real estate transactions per year, involving a portfolio which includes rent obligations of over $400 million.• Efficiently interacted with multiple cross-functional teams, including real estate managers, legal, tax, construction and environmental health, in order to successfully achieve the optimum real estate deal flow.
  • Vintage Communities, Inc
    Vice President And Chief Operating Officer
    Vintage Communities, Inc Mar 2000 - Dec 2011
    Led the daily operations of one of the leading residential development companies in the Metro Atlanta area. Developed and implemented a strategic vision for the company which grew the business from a residential development company with annual revenues of $11.5 million, to a diversified development company (residential, multifamily, commercial, mixed-use, and resort developments) generating annual revenues of over $160 million. Hired, trained, and mentored a team of professionals in all facets of the company, driving in-depth market knowledge and expert sales/marketing skills to foster an environment of team work and maximum profitability. Strategically involved in the comprehensive feasibility, negotiation, acquisition, development and disposition of a portfolio of properties in excess of $350 million. Key Highlights • Facilitated the successful acquisition of 3,500+ acres of land and entitlement of over 8,000 residential and multifamily units, as well as 1,500,000 square feet of commercial retail and office space.• Successfully negotiated complex, multi-million dollar contracts with publicly held companies such as Pulte/Del Webb, KB Home, and Ryland Homes with a gross value in excess of $150 million.• Equipped, trained and mentored a team of professionals to develop over 1000 residential units and 250,000 sq/ft of commercial pads on an annual basis. • Increased new business through recruiting and managing a guild of over 40 of metro Atlanta’s most prominent custom builders, who built over 250 homes per year in our communities.• Developed, trained and mentored a Marketing and Sales team that increased annual home sales from $25 million to over $100 million in annual revenue.• Efficiently led all aspects of master-planned communities including the community design and development, homebuilding design and construction, marketing and sales, and homeowner association management for multiple communities across metro Atlanta.
  • International Mission Board
    Rapid Advance Strategy Intern
    International Mission Board May 1999 - Jan 2000
    Richmond, Virginia, Us
    The mission sending agency for the Southern Baptist ConventionRapid Advance Strategy Coordination Intern; Responsible for designing and promoting an overall humanitarian strategy to research, understand and help an impoverished people group in Southeast Asia. Engaged in extensive cross-cultural relations with this group through education, communication, and daily life experiences. Conducted extensive anthropological research on this people group. Prepared a marketing plan to raise awareness of and humanitarian support for the people group.Key HighlightsRaised awareness of the existence and needs of this Southeast Asian people group
  • Southern Baptist Church
    Youth Pastor
    Southern Baptist Church Nov 1998 - May 1999

Eric Masaschi Skills

Real Estate Transactions Mergers Land Development Leadership Real Estate Real Estate Development Property Management Residential Homes Due Diligence Contract Negotiation Investment Properties Brokerage Mergers And Acquisitions Commercial Real Estate Training Strategy Sellers Strategic Planning Retail Relocation Property Operations Management New Home Sales New Business Development Negotiation Cross Functional Team Leadership Construction Business Development Management Land Acquisition

Eric Masaschi Education Details

  • The Southern Baptist Theological Seminary
    The Southern Baptist Theological Seminary
    Divinity
  • University Of North Georgia
    University Of North Georgia
    Education

Frequently Asked Questions about Eric Masaschi

What company does Eric Masaschi work for?

Eric Masaschi works for Forestar Group Inc.

What is Eric Masaschi's role at the current company?

Eric Masaschi's current role is East Region President at Forestar Group Inc..

What is Eric Masaschi's email address?

Eric Masaschi's email address is em****@****ail.com

What is Eric Masaschi's direct phone number?

Eric Masaschi's direct phone number is +177067*****

What schools did Eric Masaschi attend?

Eric Masaschi attended The Southern Baptist Theological Seminary, University Of North Georgia.

What skills is Eric Masaschi known for?

Eric Masaschi has skills like Real Estate Transactions, Mergers, Land Development, Leadership, Real Estate, Real Estate Development, Property Management, Residential Homes, Due Diligence, Contract Negotiation, Investment Properties, Brokerage.

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