CEO, Fund Manager and Principal
Mr. Hodge is the CEO and Fund Manager for Essential Growth Properties. He has been in commercial real estate for 25 years, including 20 years with The Kroger Co. where he most recently served as Vice President, Corporate Real Estate (Head of Real Estate), covering nearly 3,000 retail, industrial & manufacturing assets. In addition to deploying over $2 Billion per year in brick & mortar capital for Kroger and serving on their Capital Committee, he also had direct P&L responsibility for 200 company owned shopping centers. Nick is on the Board of Trustees for the International Council of Shopping Centers (ICSC), the Downtown Cincinnati Improvement District Board and serves on the Financial Committee for the Downtown Cincinnati Development Corporation (3CDC). He holds both a BA from Washington & Lee University and an MBA in Finance from The Ohio State University.
Mr. Margiotta has been in commercial real estate for close to 20 years. Prior to forming 1045 Real Estate, he worked as the Senior Director of Management for Priority Properties, where he managed both finance and operations and led the Kroger account covering 1,400 leased locations and 200 owned shopping centers. He currently sits on the 1st Advantage Bank’s Board of Directors, on their Legal Board & ALCO committee. His strengths include business development, implementation of new technologies and financial acumen. He holds both a BA and an MBA from the University of Tulsa.
Mr. Webb has been working in the commercial real estate arena since the 1980’s and is a licensed commercial real estate broker. In 1982, he began managing large portfolios of commercial real estate assets, including a 300 asset portfolio for Safeway. His experience is in the banking, finance, leasing, property management and acquisition/dispositions area of the real estate industry. Richard is involved in the transaction side of 1045 and manages the leasing and due diligence operation teams. Richard is a graduate of Texas Tech University and holds a Bachelor of Science degree in Business Administration.
CPA and Principal
Mr. Price has been working in the commercial real estate industry since 1997. Prior to forming 1045 Real Estate, he worked as the CFO for Emersons Commercial Management, overseeing both the financial and operational aspects of the company. He is professionally trained as a Certified Public Accountant and has experience with all facets of commercial real estate transactions. His strengths include business development, financial aspects of commercial real estate and real estate management. He holds both Bachelor and Master’s degrees in accounting from the University of North Texas.
Vice President of Asset Management