Steady execution creates durable performance.
Steady execution creates durable performance.
Tovak Properties is a privately held real estate investment firm specializing in unanchored retail shopping centers across the Midwest, South, and Southeast. We focus on everyday neighborhood retail — the kind of centers that thrive when ownership is attentive, consistent, and committed to long-term value. Our approach is simple: acquire assets with potential, invest strategically, and operate them with the responsiveness of an engaged owner-operator.
Regional expertise and local presence give us a unique advantage: we understand the nuances of each market we enter, and we treat every property with the care it needs to succeed. Sellers appreciate our straightforward communication and dependable process. Tenants value a landlord who listens and responds. Communities benefit from cleaner, safer, better-maintained centers that serve daily needs. And partners rely on disciplined underwriting supported by active involvement, not passive oversight.
Our Footprint and Approach
At Tovak Properties, we believe real estate performs best when it’s personal. Principals Doni Raskas and Eric Gorlechen bring decades of combined experience across acquisition, leasing, management, and value creation, guiding every stage of the investment cycle from underwriting and due diligence to operations and tenant relationships. Their approach blends disciplined execution with strong relationships, allowing us to work seamlessly with mom-and-pop sellers, legacy family owners, institutional investors, and private equity groups.
We support a diverse tenant base — from first-time local entrepreneurs to established regional and national credit tenants — and have purchased, owned, and managed dozens of commercial properties. Doni and Eric’s complementary skills in strategic acquisitions, financial discipline, and operational oversight create a platform that delivers consistent value for investors, tenants, and the communities we serve.