Team

Andrew Cherner

Andrew Cherner

Principal

Andrew Cherner graduated from University of Miami in Oxford, Ohio in 1982 with a BS in Business. After working for several years in commercial real estate, Mr. Cherner helped found and lead local firm, Barretta and Associates as one of the largest private commercial brokerage companies in the mid-Atlantic. Mr. Cherner went on to join his brother Jonathan, and father Harvey in the family business.

Since then Andrew and his brother Jonathan have continued to grow their real estate, automotive and interest in other non automotive companies. In 2012, they sold Rapid Advance to Quicken Loans and in 2015 Caliber Collision purchased their collision repair company which was one of the largest private collision repair companies in the Washington DC area. They currently work with Caliber Collision handling acquisitions as well as acting as their development partner in the Mid-Atlantic region.

Andy's daily responsibilities include the overall management of the organization including but not limited to acquisitions, financing, disposition and general strategy.

Jonathan Cherner

Jonathan Cherner

Principal

Jonathan Cherner graduated from Syracuse University in 1985 with a BS in Finance and Marketing. Following several years working for a local developer he joined Morgan Stanley in its investment banking from 1987-1989. Jonathan attended Northwestern University’s Kellogg Graduate School of Management graduating with a MBA in 1991 at which time he joined his brother, Andrew, in the family business.

Since then Jonathan and his brother Andrew have continued to grow their real estate, automotive and interest in other non automotive companies. In 2012, they sold Rapid Advance to Quicken Loans and in 2015 Caliber Collision purchased their collision repair company which was one of the largest private collision repair companies in the Washington DC area. They currently work with Caliber Collision handling acquisitions as well as acting as their development partner in the Mid-Atlantic region.

Jonathan’s daily responsibilities include the overall management of the organization including but not limited to acquisitions, financing, disposition and general strategy.

Robert D. Hubbard Jr.

Robert D. Hubbard Jr.

CFO

Bob graduated from Mt. St. Mary's University in 1984 with a BS degree in Accounting. He began his career with Cherner Automotive Group in 1996. Prior to joining Cherner, he was a Senior Manager with a local public accounting firm in Baltimore, MD. Mr. Hubbard is a member of the American Institute of Certified Public Accountants and the Maryland Association of CPAs

Bob Hubbard is Chief Financial Officer of Cherner Development Group. His primary responsibilities include planning, implementing, managing and overseeing all financial-related activities of the company including financial reporting and oversight, budgeting, tax and financial planning. He is also the primary liaison with outside accountants.

Jonathan Ackaoui

Jonathan Ackaoui

VP Acquisitions & Business Development

Jonathan graduated from Virginia Tech in 2006 with a BS Degree in Finance. He spent the previous 8 years in the specialty finance industry. Starting on the sales floor at a local financial services firm, SenecaOne Finance, he would achieve much success and quickly move into leadership. In 2014 Jonathan joined RapidAdvance as Director of Sales where he collaborated with Quicken Loans and RockBridge Growth Equity in order to scale the business.

Jonathan joined Cherner Development Group in January 2016. His primary responsibilities include sourcing both business and property acquisitions, while facilitating both forms of deals through the pipeline to close.