“Do what’s right for the cause.”

Daryl R. Krivanec is a seasoned real estate executive whose 30+ year career has been defined by strategic foresight, operational excellence, and a steadfast commitment to ethical leadership. A thought leader and trailblazer in real estate asset and property management, Daryl has dedicated his professional life to creating value in complex investment environments while remaining a champion of integrity and forward-thinking strategy. From his early days in commercial mortgage finance to becoming a Managing Director overseeing half a billion dollars in assets, Daryl’s journey reflects not just longevity, but consistent and impactful evolution in the industry.

Raised in the principles of accountability and precision, Daryl began his real estate journey at CIGNA Investment Management shortly after completing a Bachelor of Science in Accounting from the University of Connecticut. He quickly rose through the ranks, sharpening his analytical capabilities as an Accounting Specialist, then a Portfolio Analyst, and eventually leading appraisal and valuation functions for multi-billion-dollar portfolios. His tenure at CIGNA is notable for pioneering initiatives in commercial mortgage evaluations and developing internet-based applications to streamline internal review systems—an early signal of his aptitude for marrying technology with real estate fundamentals.

Over the course of more than two decades, Daryl has managed a remarkably diverse and geographically expansive real estate portfolio. His leadership has spanned more than 12.8 million square feet of retail, office, and industrial space, and nearly 6,000 apartment units across 18 U.S. states. He has orchestrated the sale of more than 20 properties totaling over $1 billion, often navigating complex debt restructuring and refinancing challenges with a deft understanding of financial instruments and market dynamics. Whether dealing with tax-exempt Industrial Revenue Bonds, construction loans, or permanent financing, Daryl consistently demonstrates financial acuity and deal-making savvy.

Daryl’s experience as an Asset Manager is particularly distinguished. At Hart Realty Advisers and later TSCG Investors, he played an integral role in maximizing portfolio value through strategic lease negotiations, capital project oversight, and team leadership. Known for his big-picture thinking, he was responsible for selecting property managers and leasing agents, implementing quarterly valuations, and driving operational efficiency. Under his stewardship, asset performance routinely exceeded expectations, thanks in part to his thorough understanding of both market and property-level dynamics.

Notably, Daryl has contributed to the real estate profession beyond corporate roles. As a member and former board director of the National Council of Real Estate Investment Fiduciaries (NCREIF), he chaired the Performance Measurement Committee, co-authored the foundational Performance Returns Workbook, and led industry seminars on return calculation. He also served as one of only ten contributors to the real estate chapter in the CFA Institute’s Global Investment Performance Standards (GIPS), reinforcing his reputation as a respected authority in real estate analytics and ethics.

Daryl has also held key governance positions in several professional associations, serving as a board director as well as in executive roles including President, Treasurer, and Secretary. These leadership appointments underscore his dedication to fostering industry growth, promoting ethical standards, and cultivating collaborative professional networks.

Throughout his career, Daryl has shown an unwavering commitment to “doing what’s right for the cause”—a principle that has guided his work in federal bankruptcy cases as an expert witness, where he helped resolve disputes involving more than $100 million in secured debt. His ability to synthesize legal, financial, and operational complexities has earned him accolades and respect in both the courtroom and the boardroom.

As Property Manager at TSCG from 2020 to 2025, Daryl took direct responsibility for a multi-state portfolio of retail, office, and industrial assets. His leadership yielded exceptional tenant satisfaction, record-low receivables, and consistent NOI performance. He was instrumental in overseeing tenant improvements and renovation projects, balancing tactical execution with long-term asset strategies. Even in the face of industry turbulence and budget constraints, Daryl remained a pillar of performance and principle.

Daryl’s professional narrative is also one of mentorship and public engagement. Whether addressing industry audiences of 300 or leading committee presentations, he is a confident communicator who distills complexity into clarity. His teaching and speaking engagements, along with quotes in industry publications and involvement in real estate lawsuits, underscore his authority and willingness to guide others.

A Chartered Financial Analyst and licensed real estate salesperson, Daryl is driven by intellectual curiosity and continuous learning. His personal and professional life converge around values of family, outdoor adventure, and lifelong contribution. Daryl seeks to leverage his deep industry expertise and governance experience to serve on paid advisory boards, complementing his desire to contribute meaningfully to strategic growth efforts.

In the next chapter of his journey, Daryl Krivanec aims to bring his hard-earned wisdom, ethical grounding, and strategic vision to companies that align with his values and passion for real estate. Whether shaping policy at the board level or guiding portfolio performance, he remains a committed advocate for principled leadership, collaborative success, and enduring impact.

Character:

Daryl demonstrates unshakable integrity, always aligning decisions with long-term values and ethical responsibility. His career reflects a deep commitment to doing what is right, even in high-stakes or contentious situations.

Knowledge:

With nearly four decades in real estate, Daryl possesses an encyclopedic understanding of asset management, property operations, and financial strategy. He has authored industry-defining materials and taught professionals nationwide, cementing his reputation as a knowledge leader.

Strategic:

Daryl excels in big-picture thinking, consistently turning complex portfolios into high-performing assets through proactive planning and tactical execution. His ability to anticipate market shifts and align operations accordingly has been key to his sustained success.

Communication:

A seasoned public speaker and collaborator, Daryl effectively conveys ideas to diverse audiences, from tenants to trustees. His presentations and courtroom testimony alike reveal a communicator who is both persuasive and principled.