Real Estate Investment And Development
An accomplished real estate investment and development company, Cornerstone has owned and managed commercial real estate from Maine to California. The company made the conscious decision to focus on properties in New England and, as our geographic reach became more focused, Cornerstone commenced a series of intensive, ground-up development projects. We often find that the best investments are already in our portfolio. Cornerstone seeks to add value to all of our real estate investments through improvements, renovations, and expansions on assets in attractive locations.
Management Team
Led by Principals, Bruce A. Fischman and Joseph J. DeMaio, Cornerstone is a dynamo of expertise in commercial real estate and the related disciplines of law, accounting and finance, construction, leasing, and property management.
As hands-on owners, the Cornerstone team is known for its focus on executing every precise detail. The company's constant physical presence ensures standards that maximize tenant satisfaction. Cornerstone has earned a reputation in the real estate world as the professionals that other professionals approach.
Since the company's founding in 1979, Cornerstone's management team has established a successful reputation for attracting and retaining tenants, filling vacancies, and responding to changes in market conditions as they arise. With intimate knowledge of the New England market and a successful track record, the team is poised to expand its project portfolio.
Bruce A. Fischman
President and Treasurer
Since founding Cornerstone in 1979, Bruce A. Fischman has successfully steered the company through multiple cycles of the real estate market, responding to its resulting challenges and opportunities. He has built a diverse portfolio that includes shopping centers, industrial parks, apartments and residential space, parking garages, and other commercial properties. By selectively adding value through re-tenanting, refinancing, expanding and renovating, he has earned a reputation for consistently generating sound investment opportunities. An experienced property owner and developer, Fischman plays an active role in all aspects of Cornerstone's projects.
Fischman received his B.S. in finance from Long Island University and his J.D. from Brooklyn Law School. Before founding Cornerstone, he worked as an attorney for several notable Connecticut firms, including Blume, Elbaum & Fischman. An active member of the community, he served as a Member of the Board of Trustees and past President of the Jewish Community Foundation and as Vice President and Director of the Jewish Federation of Greater Hartford and the Greater Hartford Jewish Community Center. He is also a past president and member of the Board of Directors at Tumble Brook Country Club.
Joseph J. DeMaio
Vice President, Operations
With more than 30 years of finance and commercial real estate experience, Joseph J. DeMaio has a keen understanding of the types of improvements that will add value to the properties in Cornerstone's investment portfolio. Under his leadership, Cornerstone accurately forecasts what is required to effectively own and manage properties.
DeMaio received his B.S. in accounting from the University of Connecticut, where he was an Honors Scholar. He joined Cornerstone in 1985, shortly after the company's founding. Prior to Cornerstone, DeMaio specialized in the auditing of closely-held businesses at a former Big Eight Accounting Firm.