Team

Kurt (Ted) Saraceno

President

Over the past 40 years, Ted Saraceno has formed and led development teams to acquire, permit, construct and lease over 5,500,000 square feet of commercial office, life science, industrial, multifamily, and mixed-use properties.

Ted is a graduate of Colby College and is active in philanthropic efforts around Greater Boston. He is the founder of the Spirit of Giving, a charity that has donated over 4,000 Christmas dinners to residents of Boston and Waltham.  He is also a 30+ year rider in the Pan Mass Challenge. Ted enjoys offshore fishing and skiing.  He lives in Dover, MA with his wife and three kids.

Malcolm Constable

Principal

Malcolm Constable oversees all acquisitions, development, capital sourcing, and strategic initiatives. Prior to joining Saracen Properties, Malcolm was a Director of Acquisitions at Atlas Real Estate Partners and an Associate at Clarion Partners, where he held positions in both Asset and Portfolio Management. During his five years at Clarion, he oversaw the three million square foot Greater Boston office portfolio as well as the oversight of two separate account pension fund clients with a gross asset value of $3.5 billion, and the development of a 420,000 square foot life science building anchored by Dana Farber Cancer Institute.

Malcolm is a member of ULI’s Real Estate Technology Council and United Way’s Community Builders. He has a bachelor’s degree from Tufts University and lives in Wellesley, MA with his wife and two kids.

Chris Roller

Assistant Vice President

Chris Roller supports acquisitions, development activities, asset management, and strategic initiatives for Saracen Properties. Before Saracen he worked for LandVest’s Real Estate Consulting Group in Boston, where he was primarily responsible for advisory and management assignments across varying geographies and asset classes. Typical projects included valuations and financial modeling, development feasibility studies, and zoning and regulatory analyses for private, public, and institutional clients.

As a part of his graduate studies, Chris interned with Leggat McCall Properties in their acquisitions and development teams. Chris holds a Bachelor’s degree from the University of Massachusetts – Amherst, and a Master’s in Real Estate Development degree from Cornell University. Chris currently lives in Boston, Massachusetts.

Alie Saraceno

Director

Alie Saraceno serves as a Director, supporting all aspects of fundraising, investor relations, portfolio management, and ground up development for Saracen Properties. Prior to joining Saracen, Alie worked at Morgan Stanley in Private Wealth Management as a Client Service Associate where she completed financial goal analysis, portfolio management reviews, and cash management for clients.

A graduate from The Carroll School of Management at Boston College, Alie earned a B.S. with a dual concentration in Finance and Marketing. While at Boston College, Alie was a member of the Boston College Club Tennis Team and held numerous leadership positions on campus. She is a supporter, team captain, and ten-year rider of the Pan Mass Challenge and serves on the Board of Ambassadors for Flying Kites. Alie currently lives in Boston, Massachusetts.

Mike McDonnell, PE

Vice President, Life Science Development & Operations

Mike McDonnell has spent the last 16 years working directly and as a consultant for biotechnology and pharmaceutical companies, delivering over 3 million square feet of life science and biomanufacturing facilities. Mike is typically engaged early in the process for strategic master planning, site selection, and lease negotiation and then has lead the design, construction, and facilities operational start-up for clients. He has experience with all life science project types including repositioning, ground-up, cGMP manufacturing, wet lab, hot lab, chemistry, imaging, and vivarium spaces. Prior to his consultant work, Mike was the Director of Real Estate and Facilities Master Planning at the Dana-Farber Cancer Institute. Mike holds a Bachelor’s in Naval Architecture and Marine Engineering from the U.S. Coast Guard Academy and a Master’s in Engineering Management from Northeastern University.

Steve Crusco

Director of Property Operations

Steve Crusco leads Saracen’s property management and operations of Life Science and Tough Tech facilities in Greater Boston. Prior to joining Saracen, Steve worked at GFI Partners, National Development and Bulfinch, where he managed portfolios of office, medical office, and Life Science assets. Most recently he was employed by Biomed Realty, where he was responsible for over 1,000,000 SF of core, Kendall Square lab and office buildings, home to world-class Life Science tenants including Takeda, Alnylam and Eli Lilly. Steve is a former member of the Massachusetts State Police, finishing his service as a homicide detective. Steve is a graduate of Merrimack College with a degree in Business Management. He lives in Waltham with his wife and two children.

Lisa D. Arya

Chief Operating Officer / Management Company

Lisa Arya oversees all aspects of the management company, including accounting, finance, property maintenance/improvements and administration functions. Lisa has twenty-five years of property management experience. She has worked with Saracen Properties, LLC since 1994, after working for six years at JMB Properties Company, a Chicago based real estate development and management company. She has extensive knowledge of computers and extensive experience with various accounting software packages.

Lisa has a B.S. degree in Business Economics from Merrimack College, she is a licensed Real Estate Salesperson in the Commonwealth of Massachusetts and holds an RPA® designation from BOMI International. Lisa is married and has three children.

Jessica Scalfani

Accounting Associate

Jessica Scalfani serves as an Accounting Associate at Saracen. Prior to joining Saracen, Jessica worked at The RMR Group in Newton, MA as a Property Accountant where she managed 32 properties. She also has previous experience in Real Estate and Asset Management as an auditor a KPMG in Boston, MA.

Jessica has a B.S. and M.S. in Accountancy from Bentley University. She currently lives in Stoneham, MA.

Yi Chen

Senior Property Accountant

Yi has 15 years of experience in both commercial and residential real estate accounting in the Boston area. Her experience includes working as a property accountant at Synergy in Boston where she was responsible for the accounting, financial analysis, and financial reporting for a portfolio of commercial properties. Later, as a senior property accountant at Barkan Management Company, she handled the accounting, cash management, and financial reporting for a portfolio of condominium, affordable, and commercial properties. She also has years of experience in annual budget and audit processes.

Yi is a graduate of Southern New Hampshire University in Accounting and has an MBA from Marshall University. She is a member of Beta Gamma Sigma and Delta Mu Delta – the honor societies of AACSB and ACBSP accredited business schools. In her free time, Yi enjoys cooking and spending time with family and friends.