Daniel P. Culler has been appointed COO at Real Estate Disposition Corporation (REDC), an Irvine, California-based real estate auction company. In this position, Culler will oversee the company’s new commercial real estate division.
Culler joins REDC after 13 years at CT Realty Corp. in Newport Beach, where he served as VP of asset management and dispositions since 2003. Prior to that role, he was director of asset management (1998-2002) and senior analyst (1996-1998) at the company.
Commenting on Culler’s new role at REDC, Jeffrey Frieden, the company’s chief executive, said, “He is a well-respected and highly-impactful industry executive with tremendous experience and success in commercial real estate. With Dan rounding out our executive team, REDC continues its rapid growth to take advantage of an array of opportunities in the real estate industry, as we grow our infrastructure to meet real estate opportunities head on.”

While at CT Realty Corp., Culler helped raise and deploy more than $250 million in equity in 153 properties, comprising 9.5 million square feet of commercial space. As VP of CT Realty’s asset management division, Culler was responsible for creating value through oversight of managers, brokers, and contractors in the renovation and repositioning, lease-up, and management of Class A and suburban office, retail, industrial, R&D, medical, and commercial condominium real estate investments.
According to Culler, “With the unprecedented wave of commercial real estate defaults looming, REDC is uniquely positioned to work with lenders, CMBS special servicers, and institutional investors as an efficient disposition solution. I’m extremely excited to be part of a team that will be a leader in the commercial real estate auction industry.”
Frieden added, “We see a growing need for the auctioning of commercial real estate and we’ve brought Dan in to lead the charge of our new commercial real estate group. This is a very exciting time of growth at REDC.”