CARS Executive Management Team

The Capital Automotive team has been assembled to provide a unique balance of automotive, real estate and capital markets expertise. As a whole, the management team has over 90 years of experience in the automotive, retailing, finance and real estate fields.

Jay M. Ferriero
President & Chief Executive Officer

jfJay M. Ferriero joined Capital Automotive in February 1999 as the Company’s Director of Acquisitions.  Mr. Ferriero has thirty-eight years of experience in commercial, automotive dealership and real estate finance.  Prior to joining Capital Automotive, from 1994 to 1999, Mr. Ferriero served as a First Vice President Loan Group and National Accounts Manager at Comerica Incorporated, a leading financial institution serving the automotive retail industry.  At Comerica, Mr. Ferriero was responsible for managing the auto dealer lending offices in Florida and Illinois, and had nationwide responsibilities for managing multi-bank credit facilities for some of the largest auto consolidators.  From 1991 to 1994, Mr. Ferriero was Senior Vice President and Senior Lending Officer at Comerica Bank & Trust, overseeing all lending activities. Since 1980 and prior to 1991, Mr. Ferriero’s experiences included managing commercial loan processing operations, restructuring problem loans, and originating commercial and auto dealership loans.  Mr. Ferriero serves as a member of the Business Advisory Council for the Mendoza College of Business at the University of Notre Dame, where he is a graduate with degrees in Finance and Sociology.

Jay Ferriero may be contacted via e-mail at: jferriero@capitalautomotive.com
Direct: (703) 394-1319
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Erica B. Powers
Senior Vice President, Treasurer & Chief Accounting Officer

CARS-Erica P WEBErica Powers joined Capital Automotive in 2000.  She manages all of the accounting and financial reporting for the company and assists in the Finance function.  She initially served as Assistant Controller and then Controller of the Company.  Prior to joining Capital Automotive, Ms. Powers served for three years as Controller of Fortress Mortgage, a start-up mortgage company owned by The Fortress Group, a roll-up of home builders.  Prior to Fortress Mortgage, she was a Senior Accountant and Consultant within the Mortgage and Structured Finance Group of KPMG.

Ms. Powers graduated with a B.A. from Tufts University and an M.S. in Accounting from The American University.

Erica Powers may be contacted via e-mail at: epowers@capitalautomotive.com

Christopher J. Sokira
Senior Vice President & Director of Portfolio Management

Christopher J. Sokira joined Capital Automotive in June 1998 as a Staff Accountant.  As our Senior Vice President and Director of Portfolio Management, he is responsible for overseeing day-to-day management of our real estate assets as well as the underwriting of new real estate investments.  Prior to joining Capital Automotive, Mr. Sokira worked as a Staff Accountant at U.S. Home Corporation.

Mr. Sokira graduated from the State University of New York at Fredonia with a B.S. in Industrial Management and received his M.S. in Accounting from Binghamton University’s School of Management.

Christopher Sokira may be contacted via e-mail at: csokira@capitalautomotive.com

Roger Stattel
Senior Vice President & Director of Finance

Stattel 15LRRoger Stattel is the company’s Senior Vice President and Director of Finance who handles the capital markets effort for Capital Automotive.  Prior to joining the company in 2016, he was the Director of Finance at DRA Advisors LLC, an investment advisor specializing in real estate investment and management.  During his 11 years at DRA, Mr. Stattel handled property level financing for the company’s real estate investments as well as corporate level debt and preferred equity facilities associated with two public to private LBO’s. Before DRA, he was with the real estate practice at Ernst & Young.

Mr. Stattel graduated from New York University’s Stern School of Business with a MBA in Finance and Economics.  He received his undergraduate degree from the University of Maryland in Accounting and Finance and is a CPA.

Roger Stattel may be contacted via e-mail at: rstattel@capitalautomotive.com

Daniel E. Garces
Senior Vice President & Director of Acquisitions

dgDan is Senior Vice President & Director of Acquisitions at the Company, overseeing investments in the U.S. and Canada. Dan has over twenty-five years of experience in commercial lending and structuring creative financing alternatives through sale-leasebacks with automotive dealers. Prior to joining CARS in 2002, Dan was a commercial lender at LaSalle Bank in Chicago with a focus on providing credit to a wide array of financial institutions throughout the U.S. including: retail automobile finance, consumer finance, commercial finance, leasing, and mortgage banking companies. Prior to LaSalle, Dan was a lender in the National Dealer Services Group at Comerica Bank in Chicago. He managed a portfolio of dealer group relationships and provided floor plan financing, capital loans, mortgage debt, and other banking services to auto dealers throughout the Midwest. Dan is a graduate of Loyola University Chicago where he received a B.B.A. majoring in Finance with an Accounting concentration.

Dan Garces may be contacted via e-mail at: dgarces@capitalautomotive.com
Direct: (703) 394-1313
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