CRIVELLO GROUP,
LLC KEY MANAGEMENT
Joseph Crivello, Executive
Vice President - Crivello Group, LLC:
Joseph Crivello began his career in the late 1970’s
as a real estate broker. After building a solid foundation
in the residential brokerage business, he formed a partnership
with Frank Crivello in 1982. Together they invested
in REO multifamily projects located in the Midwest.
By 1985, their focus transitioned to the ownership and
ground up development of retail shopping centers located
from coast to coast. Joseph Crivello oversaw all facets
of the development of commercial projects as an executive
of Crivello Construction Inc.
Since 1991 Joseph Crivello has served as the Co-Trustee
of the Irrevocable Children's Trust. He contributes
oversight to trust investments beginning with pre-acquisition
and extending through ownership and disposition. The
investments include real estate, natural resources,
marine and casino gaming, telecommunications and technology.
Joseph Crivello has been President, and sole-shareholder
of National Management Inc., a real estate management
company, and Sierra Finance Corporation, a finance company
since 1992.
Joseph Crivello is a shareholder and consultant to Oceans
Casino Cruises, Incorporated. Oceans acquired SunCruz
Casinos, LLC and its affiliates, for aggregate consideration
of $36.5 million under an asset purchase agreement approved
by the United State Bankruptcy Court for the Southern
District of Florida in February, 2004 and closed in
April, 2004. SunCruz operates vessels from six locations,
each of which departs at least twice daily from various
ports along Florida’s coast and Myrtle Beach, South
Carolina, and cruises into international waters. SunCruz’s
vessels carry a total of approximately 1,767 slot machines
and 144 table games. Joseph Crivello assisted Oceans
in securing new locations, the transfer of various existing
leases and other conditions necessary to close the transaction.
Joseph Crivello is the President of Heritage Structures,
Inc. Heritage owns a mill in Indiana equipped to construct
prefabricated garages sold to customers throughout the
Midwest.
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