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NEW YORK—Exact Capital, a New York-based development company, has hired five executives as it eyes expansion into new markets.

Traditionally, New York City was the sole focus for the firm, but now they're looking to plant the flag in other cities, having expanded to Texas, Georgia, Connecticut and several other cities. "Our market experience provides us with a strategic advantage in responding to market trends," said Craig Livingston, a managing partner at Exact.

Joining the Exact team is Paul O'Brien, chief financial officer from Youngwood & Associates, where he served as CFO/Controller; Alvaro Diaz, Controller from Consolidated Carpet, where he also served as Controller; Andrew Giglio, vice president of real estate development from the Community Preservation Corporation; Kaishrie Misir, director of asset management from The Rizzo Group, a real estate development consulting firm, where she served as project manager; and Eytan Shafir, general manager of Advantage Property Management, a unit of Exact Capital Group, from Walker Malloy & Company, a real estate brokerage and property management company.

"We've built a platform for significant growth, with a robust asset management, compliance and accounting backbone of the company. This is important as we expand Exact's development capacity into new markets," said Exact Managing Director Michael Callaghan.

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Mariah Brown

Mariah Brown is the New York Bureau Chief and Real Estate Reporter for GlobeSt.com, covering the New York Metro area, Northeast region and national real estate trends. She is responsible for producing multi-media content, including articles, podcasts and video. Before joining the GlobeSt team, she served as a New York Times fellow, reported for the Associated Press in New York and Philadelphia and several other New York City-based outlets.