FD Stonewater Announces Retirement of Two Esteemed Principals Joseph Delogu and David Stade

FD Stonewater's Transition: Honoring Two Pioneers



In a significant announcement that marks a turning point in the company's history, FD Stonewater has revealed the planned retirement of two of its co-founders, Joseph Delogu and David Stade, set to take effect on December 31, 2025. As key figures in the firm’s establishment, their departure will undoubtedly leave a profound impact on the organization and the industry at large.

A Legacy of Leadership



Joseph Delogu has been a pivotal presence in the real estate sector for over 35 years, bringing a wealth of experience in government leasing, development, and investments to FD Stonewater. His career began within the corridors of the U.S. General Services Administration (GSA) where he honed his skills as a contracting official. His journey included notable tenures at Spaulding & Slye, where he successfully launched the government division, and later joining JLL, where he served as International Director and Managing Director of their Government Investor Services group. Under his leadership, FD Stonewater thrived, with Delogu and his teams managing countless lease transactions exceeding 60 million square feet and generating nearly $1 billion in investments through specialized funds in government-occupied properties.

David Stade, equally notable in his accomplishments, brings 30 years of invaluable experience in commercial real estate, having initiated his career with influential roles at Citigroup and Eastdil. Throughout his tenure at FD Stonewater, he played an integral role in shaping the firm's principal investment and asset management strategy, executing over $4 billion in transactions. His expertise spans a range of operations including corporate sale-leaseback advisory and complex financing opportunities, all while co-managing investment funds that managed over $300 million in properties across various sectors.

Commitment Beyond Business



Beyond their professional achievements, both Delogu and Stade have been ardent advocates for mentorship, fostering the growth of future leaders in the industry. Their dedication to professional development within FD Stonewater is matched by their commitment to philanthropy and community service, showcasing the values they have instilled within the firm’s culture.

David Alperstein, principal and co-founder of FD Stonewater, expressed deep gratitude for their monumental contributions, stating, “We cannot thank them enough for their profound impact in shaping our firm and its reputation for excellence.” This sentiment resonates with the entirety of FD Stonewater’s leadership and reflects the high regard in which both men are held.

The Path Forward



As FD Stonewater approaches this significant transition, it remains focused on the continuity of its commitment to deliver innovative real estate solutions. The firm, known for its specialization in build-to-suit developments, brokerage, and principal investments, has successfully completed transactions totaling more than $12 billion. The leadership team is well-positioned to navigate future challenges while maintaining the framework established by Delogu and Stade, ensuring long-term growth and prosperity for FD Stonewater.

FD Stonewater continues to stand as a national leader in the real estate sector, and as they prepare for this leadership change, they remain committed to their mission of excellence for their clients, investors, and community.

For more information about FD Stonewater and its services, please visit www.fdstonewater.com.

Topics General Business)

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