Team
Dominic Lorenzi
Dominic Lorenzi received his B.S. in Financial Economics and Biology from Southern Methodist University. Upon graduation, he continued his education at Columbia University as a Master in Health Administration candidate. Currently, he works as an Equity Research Associate at Piper Sandler covering biotech. Before that, he worked as an Operations Manager at Wander Health, a digital health startup, where he oversaw contract formation and facilitated partnerships to onboard international clinics to their platform. Dominic has also previously worked at a retail commercial real estate, Velocity Retail Group, and as a life science consultant at Charles River Associates. He also passed the Securities Industry Exchange (SIE) exam, which furthered his securities knowledge.
Contact: dl@spartancapitalmgmt.com
Thomas Grazer
Thomas Grazer received his B.S. in Financial Economics and Mathematics from Southern Methodist University. Currently, Thomas works at Newmark in their Lodging Capital Markets group. Before that, Thomas worked at Jones Lang LaSalle (“JLL”) in their Lodging Capital Markets group out of the New York City office for two years. At JLL, Thomas evaluated more than $1 billion of hospitality single-assets and hospitality-focused REITS. He has underwritten 100+ commercial real estate assets throughout the United States, giving him a better understanding of the capital stack and private credit markets. Additionally, he has overseen client and investor relations through the numerous deals he has been apart. Thomas has sold nearly $100 million of hotel assets while at JLL.
Contact: tg@spartancapitalmgmt.com
Advisory Board
Tony Muscio
Tony Muscio is the Senior Managing Director of JLL Hotels & Hospitality group, leading the Western region out of their Los Angeles office. With over 20 years of experience in the real estate industry, including 18 years at JLL, Muscio brings a wealth of knowledge and expertise to his new role. Specializing in the sale of luxury resorts and trophy hotels, Muscio has been involved in over $12 billion worth of hospitality transactions throughout his career. Muscio holds a bachelor’s degree from Cornell University’s School of Hotel Administration, where he is also a recurring guest lecturer.
Muscio’s career started at PKF Consulting, where he conducted hotel feasibility studies and appraisals. He later joined JLL in 2004, where he spent nearly two decades, most recently as a Managing Director in the Hotels & Hospitality Group, covering the West Coast and working on some of the largest sales in the region, including the Four Seasons Resort Hualalai, Four Seasons Resort Bora Bora, Montage Beverly Hills (now The Maybourne Beverly Hills) and the recapitalization of Sunset Tower Hotel. Muscio’s latest role was as a Managing Director at KBC Advisors.
Darren Pitts
Darren Pitts is a widely recognized and respected expert in the retail real estate industry. As a Co-Owner and Executive Vice President with Velocity Retail Group, Mr. Pitts has over 27 years of experience as an award-winning, elite performer in retail commercial real estate. With multi-market knowledge throughout the United States, Darren has primarily focused on big-box clients like Lowe’s Home Improvement Warehouse, JC Penney, Ashely Furniture, Lifetime Fitness, Aldi, Whataburger, Valvoline, Tractor Supply Company, among others. Mr. Pitts was instrumental in leading and executing a 60-store rollout of CVS as well as implementing an expansion program of more than 30 branches with JP Morgan Chase.
Mr. Pitts has an unparalleled ability to create market plans, leverage relationships, and lead successful negotiations. In his day-to-day contact with national clients, Darren is known as a person who finds creative solutions to solve tough challenges. With an exemplary track record of performance, he provides vision, strategy, and execution for his retail clients.
Commitment. Diligence. Security.
Spartan Capital Management’s (“SCM”) inception is in response to the vast demand in the subordinate debt space, paired with the institutional nature of the commercial real estate landscape. Large commercial real estate credit firms do not dedicate capital to transactions in the $1 million–$5 million range and do not market their offerings to non-institutional clients. We designed SCM to capitalize on smaller-scale commercial real estate subordinate debt offerings and allow non-institutional investors the opportunity to gain risk-averse commercial real estate exposure.
Prior to the formation of SCM, Thomas Grazer and Dominic Lorenzi started investing in the real estate private credit space during their time at SMU. After successfully closing a handful of subordinate debt transactions, non-institutional investors became interested in our offerings.
At SCM, we provide commitment, diligence, and security. We return our client’s investments prior to seeing our own returns, underwrite numerous transactions to find those that fit within our investment criteria, and co-invest alongside our clients on every opportunity that we offer.