PROPERTY MANAGEMENT · OPERATIONS · LONG-TERM VALUE

Local property management.
Built for Parkchester.

CPM Capital manages and operates Parkchester real estate with a focus on reliable rental performance, responsive local execution, and durable asset value.

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ParkchesterThe Bronx, New York
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0+Years in businessLong-term local operating experience
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$0mAssets under managementResidential real estate under CPM oversight
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$0mRent collected in 2026 Q1Rental operations across the portfolio
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$0mCapital deployed, last 90 daysRecent investment activity

PARKCHESTER

Established housing.
Deep local knowledge.

How we operate →
Parkchester courtyard
COMMUNITY

Parkchester

The Bronx, NY

13,000+ apartments171 buildings129 acres
Aerial view of Parkchester
CAPITAL PRESERVATION

Condominium ownership

Clearer title, transaction depth, and conventional financing.

Established marketBroad demandLong history
Metro-North construction near Parkchester
GROWTH CATALYST

Metro-North access

New transit infrastructure can materially improve Manhattan access.

Penn Station AccessPlanned 19 minLong-term catalyst

OUR APPROACH

Operating locally.
Creating lasting value.

We combine hands-on property management, disciplined operations, and local market knowledge to protect cash flow and support long-term real estate value.

Meet the team →
▶Watch our story

OPERATING THESIS

Three pillars behind
the CPM approach.

01

Established housing

Parkchester’s scale, transaction history, and essential housing demand support a durable operating base.

02

HUD VASH cash flow

Standardized housing contracts and published payment schedules create a structured income framework.

03

Transit growth catalyst

Metro-North access can compress Manhattan travel times and broaden renter and buyer demand.

GROWTH CATALYST

Metro-North changes
the map for Parkchester.

The planned Parkchester / Van Nest Metro-North station is part of the Penn Station Access project. CPM Capital’s view is that shorter Manhattan travel times can expand the buyer pool, improve rental demand, and change how the neighborhood is valued.

TODAY55–60minutes

Typical 6 train commute patterns can approach an hour depending on timing and transfers.

Metro-North station construction
PLANNED19minutes

Direct Metro-North access would materially compress perceived distance to Manhattan.

LEADERSHIP & OPERATIONS

The people behind
CPM Capital.

Luca H. Garacci

Luca H. Garacci

Founder & CEO

Luca bought his first Parkchester apartment in 2011 for $85,000, with the help of his own mother, who loaned him about half of the funds. He owns that apartment to this day and has since acquired over 300 additional properties as owner, partner, broker, and property manager.

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Approximately 45 properties are exclusively under his own name. Through his efforts, Luca has successfully expanded his assets under management to approximately $135 million.

Along the way, he has assembled a team of highly skilled, ambitious, and loyal professionals, each contributing their independent and creative problem-solving abilities to the continued success of the business. Luca's mother has long been repaid every dollar of interest and principal owed. She spent over a decade traveling the world and now is enjoying retirement in a cozy Manhattan apartment which Luca rents out for her, and delights in spoiling her two grandchildren, Carter and Valentina.

Francesco Belcaro

Francesco Belcaro

Co-Founder & Head of Business Development

Francesco Belcaro is a seasoned business leader with a rich international background, fluent in English, Spanish, French, and Italian. He has more than 20 years of experience in real estate, marketing, sales, and business development.

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A native of Italy, Francesco pursued his studies in business at esteemed universities in Madrid, Spain, and New York, USA. Raised in a family of developers and designers, Francesco's exposure to marketing, sales, business development, and design has been integral to his career trajectory.

For over 20 years, Francesco has been deeply involved in real estate and marketing, leveraging his extensive network and strategic insights to build and grow companies across the United States. As Co-Founder and Head of Business Development, he has worked closely with Luca and cross-functional teams to drive project success.

Francesco's attention to detail and commitment to excellence elevate the quality and results of every initiative he undertakes. His experience has shaped his understanding of high-end networking, public relations, and cross-industry collaboration.

David Liang

David Liang

Head of Strategic Initiatives

David is a former PwC Management Consultant with over a decade of experience advising executive leadership at major U.S. institutions on strategy, operational transformation, and sustainable margin improvement.

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David specializes in designing and executing scalable solutions through workflow optimization and automation. After serving as a Director until late 2024, he transitioned from consulting to entrepreneurship and joined CPM Capital LLC to lead strategic initiatives.

His role centers on removing operational bottlenecks and building frameworks that can be replicated across comparable markets. These efforts support CPM Capital LLC's expansion strategy, first across the U.S. and then globally.

An early adopter of artificial intelligence following OpenAI's release of ChatGPT, David views AI and robotic process automation as powerful enablers that allow strategic objectives to be achieved faster, cheaper, and more effectively. David and Luca first met through their children, who attend the same school, and quickly discovered a shared vision for applying innovation and disciplined execution to business.

Jamie Zschusschen

Jamie Zschusschen

Director of Property Mgmt.

As the Director of Property Management and right-hand woman to the CEO, Jamie played an integral role in building and scaling the company. She oversees operations, stakeholder relationships, and the systems that support portfolio performance.

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With extensive experience in all facets of property management, Jamie oversees operations, maintains strong relationships with key stakeholders, and ensures that all aspects of property management run smoothly.

Jamie takes a strategic approach to cultivating and maintaining stakeholder relationships. By building and nurturing a broad network of industry contacts, she facilitates business expansion and supports stability across the property portfolio, including relationships with key decision-makers at Parkchester Condominium offices and other high-profile stakeholders.

Megan Arce

Megan Arce

Office Manager

As Office Manager for the acquisition and property management operation, Megan oversees a large portion of the company's task flows, supporting administrative, insurance, utilities, audit, and reconciliation work.

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Megan's role ranges from overseeing utilities management and property insurance policies to assisting the property manager with monthly internal audits and bank account reconciliations, ensuring financial records are up to date and accurate.

Her attention to detail and ability to handle high-pressure situations make her an invaluable member of the team, supporting both the administrative and financial functions critical to ongoing success.

Ashley Tavarez

Ashley Tavarez

Executive Assistant

Ashley is Executive Assistant to Luca and plays a crucial role in the seamless execution of daily operations from the CEO on down. She supports communications, scheduling, showings, and team assignments.

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Drawing on her experience as an elementary school teacher, Ashley excels in communication, multitasking, and relationship-building, helping ensure smooth day-to-day operations within a fast-paced environment.

Ashley manages incoming and outgoing communications on behalf of the CEO, coordinates showings for prospective tenants, manages the team calendar, and creates and delegates assignments to the in-the-field team to support timely, high-quality execution.

Fabio Brisolin

Fabio Brisolin

Sales Manager: Europe

Fabio Brisolin is an experienced business management consultant with a strong academic background and extensive professional experience in business management, market development, and sales network coordination.

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Fabio holds a degree in engineering and has developed key skills in business management, market development in Italian and foreign markets, and sales network coordination. Throughout his career, he has held leadership positions in major companies, including General Manager and CEO roles.

His experience includes coordinating the development of high-tech new products and leading teams toward innovation and commercial success. In addition to his professional commitments, Fabio is passionate about sailing and alpine skiing, activities that reflect his adventurous spirit and determination.

Daquan Evans

Daquan Evans

Logistics & Inventory

Daquan Evans oversees logistics and inventory management across CPM Capital LLC's day-to-day property operations, ensuring maintenance materials, tools, supplies, deliveries, and warehouse organization stay on track.

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Daquan is responsible for ensuring that maintenance materials, tools, and supplies are consistently stocked and available for the maintenance department, while also managing office supply inventory for the front office.

He coordinates and executes deliveries, manages warehouse organization, and tracks inventory levels to prevent shortages or operational delays. His role is critical to keeping day-to-day operations running smoothly and efficiently across CPM Capital LLC's property portfolio.

Jimmy Zschusschen

Jimmy Zschusschen

Maintenance Manager

Jimmy leads all repair, maintenance, and in-unit construction operations for CPM's Parkchester portfolio. He brings decades of hands-on residential construction experience and deep familiarity with Parkchester building systems.

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With decades of hands-on experience in residential construction, Jimmy brings a rare blend of technical expertise, leadership, and problem-solving to one of the most complex housing environments in New York City.

Before joining CPM, Jimmy spent years managing multi-disciplinary crews across the Bronx and Westchester, coordinating electricians, plumbers, painters, carpenters, and specialty contractors on repairs and full-scale renovations.

He has deep familiarity with Parkchester's building systems, legacy infrastructure, and condo requirements, allowing CPM Capital LLC to diagnose issues quickly, reduce downtime, and lower reliance on outside vendors. Reliable, knowledgeable, and embedded in the day-to-day of Parkchester, Jimmy is a core pillar of CPM's high-performance property management model.

Wajid Ali

Wajid Ali

Digital Operations Manager

Wajid Ali supports CPM Capital LLC's day-to-day operations by managing the technical systems, websites, automations, and data workflows that keep the company running efficiently.

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His work connects the office, property management, leadership, and field operations through practical digital tools that reduce manual work and improve accuracy.

Wajid handles website updates, data entry systems, process automation, reporting support, and other technical needs across the business. By combining hands-on problem solving with a strong understanding of CPM Capital's operations, he helps the team move faster, stay organized, and maintain reliable systems as the company continues to grow.

PROPERTY INQUIRY

Start a conversation
about Parkchester.

Tell us what you own, what you are considering, or what you would like CPM Capital to review.

info@cpm-capital.com

Property management and real estate discussions should be reviewed directly with CPM Capital LLC.