Michael Iannacone
Chief Financial Officer
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- Full Name
- Michael E. Iannacone, CPA, CA
- Title
- Chief Financial Officer
- Firm
- Adventus Realty Services Inc. / Adventus Realty Trust
- Firm Type
- Private real estate investment trust (REIT) / real estate asset manager — labeled "Angel Investors" in the source stub (unverified; see note below)
- Investment Stage
- Listed as "Seed Round" in the source stub (unverified)
- Sector Focus
- Commercial real estate (income-producing suburban office); prior experience in industrial, mining, and natural-resource sectors
- Geographic Focus
- U.S. commercial real estate (suburban Chicago, IL and Atlanta, GA), managed from Canada
- Location
- Greater Vancouver area (Burnaby / Vancouver), British Columbia, Canada
Background
Michael E. Iannacone is a Canadian Chartered Accountant (CPA, CA) who qualified as a Chartered Accountant in 1980, having spent more than six years early in his career with Coopers & Lybrand (a predecessor firm to PwC). He has built his career as a chief financial officer, serving as CFO for multiple companies listed on various stock exchanges, with extensive experience advising businesses in the industrial and natural-resource sectors.
Since March 2013 he has served as Chief Financial Officer of Adventus Realty Services Inc., the management entity behind Adventus Realty Trust — a private REIT formed in early 2012 and based in Vancouver, British Columbia. Adventus was founded by Rick Charlton and, through its asset manager Adventus Capital Partners Ltd., acquired and operated U.S. income-producing commercial real estate concentrated in the suburban office markets of Chicago, Illinois and Atlanta, Georgia. As CFO, Iannacone signed numerous British Columbia Securities Commission Form 45-106F6 exempt-distribution reports for Adventus Realty Trust, Adventus Realty LP, and Adventus Capital Partners Ltd. across 2015–2016.
Beyond Adventus, Iannacone served as an independent director of Minera IRL Limited, a Latin American gold mining and exploration company, from December 2016 until his resignation from that board in January 2022. His professional history also links him to a number of finance, development, and advisory entities including Gencon Capital Resources Inc., PBC Real Estate Advisors Inc., Allard Developments Inc., ARG Group Inc., Context Development Inc., and Cromwell Management Inc. He has been cited among Business in Vancouver's list of influential BC business leaders.
Investment Thesis & Focus
- Primary professional focus is corporate finance and asset management for income-producing U.S. commercial real estate, specifically suburban office properties in the Chicago and Atlanta metro markets, held within a private REIT structure aimed at yield/distributions for investors.
- Deep background in the industrial, mining, and natural-resource sectors, reflected in his long-running CFO roles and his independent directorship at gold miner Minera IRL.
- No publicly documented thesis, check size, or target-company profile for startup / seed-stage angel investing was found; sources do not support an active early-stage venture investing practice, so any "seed round" positioning should be independently confirmed before treating him as a venture backer.
Notable Investments
- Adventus Realty Trust (2012–2024) — Private REIT where he is CFO; assembled a portfolio of ~2.2 million square feet across eight suburban office complexes in metro Atlanta and Chicago, originally valued around $439 million.
- Minera IRL Limited (2016–2022) — Latin American gold mining/exploration company; served as an independent director rather than a financial backer.
- Associated in a finance/advisory capacity with Gencon Capital Resources, PBC Real Estate Advisors, Allard Developments, ARG Group, Context Development, and Cromwell Management (roles documented via professional/LinkedIn affiliations; specifics not independently verified).
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