We acquire assets that benefit from focused ownership, thoughtful capital improvements, and strong tenant relationships.
We focus primarily on retail assets, including stand-alone buildings, strip centers, and neighborhood centers, with a secondary emphasis on light flex space.
3,000sf –
70,000sf
B and C
Midwest, South, Southeast
$300K – $15M per individual asset; up to $100M for portfolios
7%+
Value-add opportunities including low occupancy, below-market rents, expiring gross leases, deferred maintenance, and more
Local, regional, national, credit, and non-credit tenants
Doni Raskas leads acquisitions and dispositions, broker and seller relationships, asset management, and portfolio strategy for Tovak Properties. Drawing on his proven track record of dozens of successful transactions, he brings a keen ability to identify unanchored retail strip centers with strong fundamentals and untapped potential.
Doni’s approach emphasizes disciplined execution, thoughtful repositioning, and genuine relationships. He works closely with brokers and sellers to craft deals that create long-term value for all sides, whether the property is owned by a mom-and-pop operator, a legacy family trust, or an institutional group. Known for his strategic thinking and relationship-driven style, Doni ensures every acquisition has both immediate opportunity and lasting upside.
Based in Cleveland, Ohio, Doni brings a local perspective and a commitment to community-focused investment. His deep experience allows him to evaluate market fundamentals, tenant mix, and value-add potential with precision — while maintaining a focus on the people behind every deal. He takes pride in helping properties reach their potential by creating environments where tenants can thrive and centers can truly serve their communities.
Outside of real estate, Doni volunteers as an EMT for a local ambulance service, enjoys competitive basketball and football, and most importantly, loves spending time with his wife and three children.
Eric Gorlechen oversees property operations, leasing, tenant relations, capital markets, construction, and day-to-day management at Tovak Properties. Drawing on deep industry experience and over 30 completed property acquisitions, Eric ensures that each asset achieves its full operational and financial potential.
He is known for his hands-on management style, attention to detail, and deep understanding of tenant’s needs. Eric’s experience across the Midwest, South and Southeast gives him unique insight into how to reposition underperforming centers, enhance tenant mix, and implement improvements that elevate both the property’s appeal and profitability.
Eric’s focus on tenant relationships is at the heart of his work. He believes that real estate success begins with helping tenants thrive — creating spaces that support their growth, attract customers, and sustain long-term community value. His ability to bridge property-level management with investor objectives makes him an integral part of Tovak’s success.
Based in Boca Raton, Florida, Eric lives with his wife and three children and is actively involved in community initiatives and philanthropic causes focused on education.