Take pride in all work that is being done, every aspect of every project should be perfected to maintain the standard of quality for all end products.
About
Mission Statement
Develop and fund strategic projects within the South Florida market that will bring about a positive impact upon the surrounding area and community.
Overview
Founded in 2004, Allied Capital & Development of South Florida quickly became one of the region’s most respected firms, noted for its extraordinary vision for building the right projects in their ideal locations. Headquartered in North Palm Beach, Florida, Allied brings extensive experience, proven knowledge and outstanding personal service to every project. Allied has partnered with the industry’s top architects, planners and contractors to develop properties that demonstrate environmental responsibility and green building practices into every facet of development.
Extensive Experience
The executive team of Allied Capital shares a combined 75+ years of experience in the development and building of handpicked properties. Through their experience, demonstrated success and lasting relationships with other industry leaders, the team at Allied Capital continues to fulfill their mission of developing and funding strategic projects within the South Florida market that will bring about a positive impact upon the surrounding area and community.
Allied Capital & Development of South Florida looks to continue on the path that has been set forth and continue to build prestigious properties, which in return give the people of South Florida a more enjoyable place to live.
Founder & CEO
Nicholas A. Mastroianni II
As the head of this organization, he has negotiated the purchase of thousands of acres of property and has led the design of several projects, both residential and commercial. The projects include single-family subdivisions, multi-family townhomes, multi-story condominiums, apartment complexes and mixed-use retail and commercial sites. Mr. Mastroianni works closely with his staff to bid all aspects of the projects trades as well as schedule every stage of the construction process. Mr. Mastroianni has been recognized for his commitment to excellence in construction by the Association of Builders and Contractors (ABC), and was awarded the prestigious Excellence in Construction Award in 1998. Mr. Mastroianni served as Executive Vice President of the Rhode Island Chapter of the ABC and has been a member of the Association of General Contractors. He is active in charitable organizations and formed Charities for Children with Cancer (CCC), to which he personally donated. Through his efforts, donations have been made to the St. Jude Foundation and the Make-a-Wish Foundation. Mr. Mastroianni has hosted numerous charitable events with both prominent sports figures and political constituents to benefit these organizations. His business memberships include the Association of General Contractors, Association of Builders and Contractors, and the Police Athletic League.
President
Anthony Mastroianni
Anthony Mastroianni embarked on his journey with Allied Capital & Development of South Florida at the company's inception, playing a pivotal role in their first significant multi-use development, Harbourside Place. As the President of Allied Capital & Development, Anthony has been instrumental in steering the advancement of projects exceeding $200 million within the South Florida market. His leadership is characterized by a collaborative approach, working closely with land planners, local municipalities, architects, and contractors. This synergy ensures the successful completion, sale, or management of all properties and projects within the company's extensive portfolio. Through his dedication and expertise, Anthony continues to drive the company's vision forward, cementing its reputation for excellence in development.
Vice President
Nicholas A. Mastroianni III
Involved in all aspects of project development, from preliminary planning through final inspections, sales, and leasing, Mr. Mastroianni works closely with the consultants on site plan approvals, environmental issues, and reviews of conceptual plans for space-analysis planning and traffic flow. He also works directly with the sub-contractors on design review, project estimating, and budgeting. Mr. Mastroianni has a Bachelors of Business Administration in both Marketing and Management, as well as a Minor in Finance and Advertising. He is a member of the International Council of Shopping Centers, is an annual donator to the Florida Association of State Troopers, and he volunteers for a number of community charity foundations.
Chief Financial Officer
Brian D. Friedman, CPA
Mr. Friedman joined the financial department of Allied Capital and Development in 2012 as Co-Chief Financial Officer. A Certified Public Accountant, Mr. Friedman obtained his Bachelor of Science in Accounting and an Associates of Arts in Architecture from the University of Florida.
He has had a successful career in construction accounting and operations spanning over 25 years and has served as Chief Financial Officer and Chief Operating Officer for some of the construction industry leaders. His education, experience and passion for the construction industry allow him to analyze situations and provide professional insight from a unique perspective. Mr. Friedman serves as Treasurer of the Construction Financial Management Association and was a State Board Member and past local President of the American Subcontractors Association. He is a member of the American Institute of Certified Public Accountants and the Florida Institute of Certified Public Accountants. As a Board Member for the University of Florida – Broward County Gator Club, Mr. Friedman volunteers his time in a program that provides scholarships to underprivileged, but academically accomplished youths.
Vice President, Acquisitions & Finance
Justin Sheinbaum, CFA
Justin Sheinbaum joined the financial department of Allied Capital and Development in 2021 as The Vice President of Acquisitions and oversees all related contract negotiations including financing. He is an investment professional with extensive experience in originating, underwriting, closing and asset management of commercial real estate debt and equity investments throughout the capital stack.To date, Justing has closed $61MM in re-financing and $10MM on construction financing since joining the Allied Capital team. Mr. Sheinbaum received his Bachelor’s degree from the Robert H. Smith School of Business at the University of Maryland, College Park, with a dual major in Finance and Accounting and completed the CFA curriculum in 2009.
In his prior role at Torchlight Investors, Mr. Sheinbaum was a senior member of the Credit team, where he collaborated with originators and managed transactions from inception, closing more than $250MM of debt and equity investments including approximately $600MM of acquisitions. In 2015, Mr. Sheinbaum was a key member of a full-service third party underwriting platform at Situs where he managed and closed 25+ senior / whole / mezzanine loans and preferred / common equity investments exceeding $500MM in aggregate. Prior to this, he was a Loan Officer at Basis Investment Group, charged with sizing, structuring, underwriting and closing CMBS loans and supporting the launch of a Structured Products platform. In this role, Mr. Sheinbaum closed 25+ combined transactions totaling $250MM+.
Vice President of Finance
Sean Campbell
Sean Campbell is the Vice President of Finance at Allied Capital and Development. In this role, he is responsible for sourcing, underwriting, and closing debt and structured finance transactions, as well as overseeing asset management for the company’s portfolio and evaluating new acquisition opportunities.
Before joining Allied Capital and Development, Sean worked as a Senior Financial Analyst with Cushman & Wakefield’s South Florida Capital Markets Team, where he specialized in underwriting, financial modeling, due diligence, market analysis, and preparing offering materials for office, industrial, and retail transactions.
Prior to Cushman & Wakefield, Sean served as a Senior Financial Analyst at Avison Young’s Chicago Capital Markets Group. There, he led underwriting for over $1 billion in industrial, flex, and medical office investment sales and facilitated $50 million in development equity placements. Sean began his career as an Asset Management Analyst at Inland Real Estate Investment Corporation.
Sean holds a Bachelor of Business Administration from the University of Wisconsin-Madison, where he double-majored in Real Estate and Finance, Investment, and Banking. He remains actively involved in the Wisconsin Real Estate Alumni Association, participating in both regional and national events. Sean is also a member of the NAIOP South Florida Chapter and regularly attends local and regional industry events.
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