James S. Caldero
James S. Caldero is a commercial real estate professional with 25 years of experience in both public and private capital markets. Mr. Caldero has held senior positions at New York based commercial banks, hedge funds and real estate finance firms and has an extensive background in commercial real estate public and private capital markets.
Prior to co-founding ThornOak Capital in 2020, Mr. Caldero was a Senior Vice President and a Real Estate Research Analyst at Contrarian Capital. He was responsible for acquisitions and asset management of private and public real estate investments. Before joining Contrarian, Mr. Caldero was a Director at Barclays Capital where his responsibilities included asset management and disposition of their United States real estate loan portfolio. Previously he was a Vice President with LNR Property Corporation where he focused on the acquisition of b-notes, mezzanine loans and CMBS investments. In addition, Mr. Caldero was employed by JPMorgan and Prudential Securities.
Mr. Caldero received his Master of Business Administration degree from the University of North Carolina and a Bachelor of Business Administration from the University of San Diego.
Darren J. Gluck
Darren J. Gluck is a commercial real estate finance professional with nearly 20 years of experience. Mr. Gluck has held senior positions at leading real estate finance and investment firms and has an extensive background in commercial real estate debt acquisition, asset management and capital markets.
Prior to co-founding ThornOak Capital in 2020, Mr. Gluck was Head of B-Piece Acquisitions at Argentic Investment Management ("Argentic"), a manager of commercial real estate lending and investment vehicles. He was a member of the Executive Management Team and the Investment Committee. Before joining Argentic, Mr. Gluck was Chief Credit Officer and a senior member of the Credit Committee at Benefit Street Partners (“BSP”). Mr. Gluck was one of initial members of the BSP real estate finance team. Prior to BSP, Mr. Gluck spent ten years at LNR Partners a Starwood Property Trust company, most recently as a Senior Vice President and leading member of LNR’s B-Piece buying team. Mr. Gluck started his career at Burger King Corporation in the Franchise Finance Restructuring Group where he helped to structure transactions and negotiate with lenders, vendors and landlords on behalf of franchisees.
Mr. Gluck received an Honours Business Administration degree from The University of Western Ontario’s Richard Ivey School of Business.