Meet the Team


Nicholas A. Mastroianni II – President

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.


Nicholas A. Mastroianni III – Vice President

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.


Brian D. Friedman, CPA – Chief Financial Officer

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.


Paul Angelo – Senior Development Manager

Mr. Paul Angelo joined the company in 2012 as the Senior Development Manager for all ACD of SFL Projects. Mr. Angelo has a Master’s Degree in Urban and Regional Planning from the University of Florida. He is a licensed Florida Real Estate Broker and Community Association Manager, as well.


Mr. Paul Angelo has extensive experience in the planning, development, acquisition and entitlement of Florida real estate projects. With a career focused on master planned, amenitized communities, Paul also has the valuable skill of working with all stakeholders and successfully leading project teams.


Before joining Allied Capital and Development, Mr. Angelo led the strategic planning and entitlement efforts for real estate development projects as Old Palm and Evergrene in Palm Beach Gardens, Jupiter Country Club/Parcel 19 and Jupiter Yacht Club in the Town of Jupiter, Harbour Isles in North Palm Beach and Frenchman’s Harbor in Unincorporated Palm Beach County.

Joe Campione– Senior Vice President

Joe Campione is the Senior Vice President of Allied Capital and Development with 30+ years’ experience in the Construction industry, including 8 years in the U.S. Navy. Joe oversees construction on a multitude of projects ranging from Condo, Multi-family, Retail, Restaurant & Office. Joe is also responsible for developing the Hard and Soft cost budgets for establishing new proforma’s & project programs. Mr. Campione oversees the lead design teams and contractors on all projects, including contract management, schedule, logistics, estimating and construction operations. Joe has a record for establishing a highly positive rapport with city officials, port agents, clients, contractors and design professionals. Mr. Campione has expertise in many Commercial & Residential Construction markets including but not limited to Auto, Industrial, Medical, Retail, Multi-Family/ Condo & Public Work, with experience with Low, Mid, & High Rise, including Tilt-Wall.

Justin Sheinbaum – Vice President, Acquisitions & Finance

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+.

Anthony Mastroianni – Owner’s Representative

Anthony Mastroianni joined Allied Capital & Development of South Florida at the inception of the company’s first major multi-use development, Harbourside Place. As the Owner’s Representative, Anthony has worked closely with all parties involved in the development of the project since pre-construction and entitlement, and continues to work directly with the General Contractor and sub-contractors on day-to-day construction needs. Anthony represents Harbourside Place with issues related to the Town of Jupiter as well, ensuring positive relationships with the surrounding community lead to the needs of the developer being met.


As ACD continues to expand its portfolio, Anthony will move forward as the Owner’s Representative for each new destination.