Chief Executive Officer
As the Founding Partner and Chief Executive Officer of GBX Group, Drew Sparacia provides strategic guidance and ensures that the company applies the highest levels of financial, tax, legal, and real estate expertise throughout the company.
Since its founding in 2001, the company has grown significantly by maximizing market opportunities and by incorporating federal, state and local tax and other incentives into the acquisition and revitalization of historic properties in urban markets. GBX Group raises capital for these projects, which transform neighborhoods, stimulate economic growth, and preserve the cultural and historic fabric of the community while earning investors strong after-tax returns.
Under Drew’s leadership, GBX Group has become a leading real estate investment and management company with more than 135 investments in 21 states. With more than 28 years of experience in integrating tax incentives into “everyday” business transactions, Drew is responsible for the company’s product development and innovation to achieve the legislative intents of those incentive programs. He has a deep technical expertise and market perspective to align the interests of clients, investors and legislative authorities to ensure a seamless and successful execution of investment strategies.
He began his career with the Cleveland tax consulting group of Ernst & Young LLP. Following, Drew was named Director of Finance at STERIS Corporation, a leading provider of medical products and services, at a time when the company was growing rapidly, both domestically and internationally. Drew’s work with STERIS’ acquisitions focused on leveraging tax and other incentives into the legal and business structures of the new companies.
Drew received his Bachelor of Arts degree in Accounting from Ohio Wesleyan University, and his JD/MBA from Case Western Reserve University with concentrations in tax and finance.