Giorgio Caldarone

Vice President Hawaiʻi Operations and Real Estate

Giorgio Caldarone has extensive experience in real estate planning, operations, and investments. He joined the Weinberg Foundation in September 2018 and currently serves as the vice president Hawaiʻi operations and real estate. He is responsible for managing the Foundation’s Hawaiʻi real estate portfolio, with a total value of more than $1 billion, working closely with the Foundation’s Baltimore-based investment team. Mr. Caldarone’s duties include formulating and executing strategies to optimize returns and cash flow, with a particular focus on property operations, dispositions, redevelopment/repositioning, recapitalization (including ground leases and master leases), and joint-venture options.

Prior to joining the Foundation, Mr. Caldarone was the senior director, planning and development of Kamehameha School’s $3.5 billion commercial real estate division, where he was responsible for planning and development activities. Prior to joining Kamehameha Schools, he was an independent consultant, as well as a senior consultant with KPMG Consulting (currently BearingPoint, Inc.) where he supported a variety of client engagements. Mr. Caldarone also served over five years in the United States Marine Corps. Mr. Caldarone received his MBA from the University of Hawaiʻi at Manoa, as well as a BS in Environmental Science from the United States Military Academy at West Point. He is also an Omidyar Fellow and a Certified Commercial Investment Member (CCIM).