President of Sorgente Group of America Last Year’s Rank: NewVeronica Mainetti has been the president of Sorgente Group of America, one of three holding companies of the Sorgente Group of Rome (her father Valter is the majority shareholder and CEO) for seven years.In 2007, Sorgente acquired 32-34 Greene Street in Soho, Mainetti’s first renovation project. A decade later she’s immersed in the creation of a new energy rating system for historic preservation, a project with a sustainability professor and a biophilic architect—someone who incorporates experiences of the natural world (materials, light sources) into a built environment. When complete, it will be an important advance to anyone interested in sustainable design and development.Sorgente owns more than 700 buildings globally, including The Clock Tower in Santa Monica, Calif. (225 Santa Monica Blvd.), 60-66 White Street in Tribeca, and majority ownership (52 percent) in the Flatiron Building.Brokers and owners approach with off-market opportunities while the company’s asset and acquisition manager scans the market for the historic and architecturally relevant properties Mainetti is passionate about. Selectivity is a guiding principle. The company purchased the 113,829-square-foot Fine Arts Building in Los Angeles at 811 West Seventh Street in 2012 for $28.5 million and sold it in 2017 for $43 million.Last year, Mainetti said of her 14th with the company, was a time for restructuring and developing a successful fundraising strategy, primarily supporting local investors.“Staying local is the more sustainable way to go,” said Mainetti, a nod to one of her core values. In 2017 Sorgente sold the 113,829-square-foot Fine Arts Building in Los Angeles at 811 West Seventh Street for $43 million.—Sara PepitoneClick Here to the Read Full Article