Realogic Co-Founder and Long-Time CEO Sal Caldarone Returns to Realogic as President

We’re excited to announce that after several successful, eventful years in the proptech sector, Realogic co-founder and longtime CEO Sal Caldarone is returning to Realogic as our company president.

Sal was Realogic’s CEO for nearly 27 years, departing to become CEO of proptech start-up rSquared CRE when it was spun off from Realogic in 2019. While at rSquared CRE, Sal oversaw the development and successful launch of rDCF, rSquared CRE’s innovative SaaS-based valuation and underwriting software.

Recognizing the enormous potential of rDCF and rBudget, rSquared CRE’s popular property budgeting solution, commercial real estate finance giant SitusAMC purchased the company and its assets in 2020. Caldarone stayed on with SitusAMC as a senior director before deciding to return to Realogic recently.

As Realogic’s president, a newly created position at the company, Caldarone will assume a leadership role and be directly involved in many aspects of Realogic’s operations, including client delivery, strategy, business development, marketing and proptech initiatives.

“I’m thrilled to have Sal back”, said Realogic CEO Jim Pettinger. “He co-founded this company 32 years ago, led it for many years and was instrumental in its tremendous growth. He has a wealth of commercial real estate experience and knowledge, including in software and technology, which will benefit Realogic’s clients and our internal teams.”

“I’m very happy to be back at Realogic”, said Caldarone. “It is and always has been a best-in-class commercial real estate technology and consulting firm staffed with smart, skilled, talented people. I feel like I’m back home and am excited for what’s ahead.”