Our Team

Edward (Ed) Kulik is Co-Founder and a Principal at LRC Properties and Helm Property Management & Services, LLC.

A highly respected industry veteran, Ed has an extensive background which includes asset and property management, leasing, operations, development, financing and construction. His experience covers all types of properties, including office, hospitality, residential, industrial, retail and unique recreational (marinas, golf course, cruise ship terminals, etc.). Ed has earned the reputation of taking under-performing assets or portfolios and turning them into extremely profitable investments including some of the largest privately owned buildings in the country.  Ed’s expertise has also been highlighted by his ability to properly manage assets and properties by achieving maximum efficiency and performance.

Prior to co-founding LRC Properties, Ed held senior positions in prestigious companies including Silverstein Properties, Jones Lang LaSalle (one of the largest international real estate firms) and the Retirement Systems of Alabama.  Ed has successfully taken an underperforming $1 billion portfolio and grown it three fold with healthy returns in excess of 17%.  In addition, he has successfully managed more than 9 million square feet of commercial property in New York City’s prestigious Financial District, established two management companies – one for hospitality and the other for commercial assets – and leased over 30 million square feet of commercial space. Throughout his career, Ed has been extensively involved in repositioning distressed real estate, working closely with major lending institutions and investors to develop property specific programs which resulted in successful “turn around” investments for both owner and lender.

Ed’s experience also includes some very unique deals/investments.  He is credited with putting together one of the largest tracts of upland and submersible land for a large multi-use project in the Florida Keys and working very closely with the city of Mobile to develop a major cruise ship terminal which substantially increased tourism to the city. Teams led by Ed have also been credited with highly successful major deals, including taking the second largest privately owned building in the country (3.8 million square feet) from a vacancy of 60% to full and being named “Marriott’s Developer of The Year.”

Karie Nero is Principal and Chief Financial Officer at LRC Properties and Co-Founder of Helm Property Management & Services, LLC.

Karie is a senior financial and commercial real estate executive with more than 25 years of experience of providing fiscal, strategic and operational leadership.  She leads LRC and Helm and oversees acquisitions, asset management, property management, development and finance.  She has extensive experience in financial analysis, business planning, establishing policies and procedures, financial reporting, financial/accounting due diligence, cash management, and audit.

Prior to joining LRC, Karie held various finance positions at GE Capital, HBO, Primedia (a Kohlberg Kravis Roberts & Co (KKR) company) and Price Waterhouse, LP.  During this timeframe, Karie successfully contributed to the acquisitions of several companies ranging from $6M-$200M, managed and led finance teams, streamlined financial reporting processes, solicited and coordinated numerous revenue generating consulting projects.

Karie is a graduate of The School of Business at the University of Connecticut and has a BA in Accounting.   She is a Certified Public Accountant. (inactive status)