Who Is Joe Russo From Caydon? Property Developer Net Worth and Career Earnings
Joe Russo is an Australian entrepreneur and CEO of Caydon Property Group. The well-respected business executive has more than fifteen years of experience in property development. Russo is currently headlining as his company, Caydon has collapsed into receivership. It means a person will be appointed as custodian of all the assets of Joe’s Caydon Property Group.
On 26 July 2022, receivers McGrathNicol and liquidators Jirsch Sutherland were designated to take charge of Caydon’s assets, including the historic Cremorne Nylex site and ongoing development projects of Moonee Ponds, Preston, and Alphington apartment. Moreover, Future projects worth more than a billion dollars in Caydon are in danger due to this catastrophe.
This situation is stressful for Joe because all his achievements and high-profile projects are at stake.
To learn more about Joe Russo, keep reading.
Who Is Joe Russo From Caydon Property?
Joe Russo is a businessman from Australia who works as the managing director of Caydon Property Group. As the name signifies, Caydon Property Group deals with the execution of property and real estate construction projects. The company has been active in the field for two decades.
Joe Russo, a Saint Monica’s College graduate, established Caydon in 1999 after getting experience in the taxi and daycare businesses. He is not just the founder of the company but its MD, principal partner, and CEO. More than 1,500 mixed-use, multifamily, and high-end properties worth more than US$1 billion have been developed under Russo’s direction through Caydon.
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Caydon has developed into one of Melbourne’s top real estate companies under Russo’s direction, with a broad array of properties that includes office, residential, and retail buildings as well as luxurious flats. The company has expanded since it was founded, now employing over 70 people in Melbourne. It also works internationally with projects in Houston, Texas.
In addition, Joe is a part of the Victoria Division of the Property Council of Australia, which he uses to supplement his real estate endeavors. He enjoys watching the Australian Football League in his leisure time.
Developer Joe Russo’s Wife And Her Age
The business executive must like to keep his private life under the sheet. Information regarding his wife or even whether he is married or not is still under wraps.
Joe looks like someone in his late forties or early fifties. He could likely be married and even has children. But credible information regarding the given has not been provided yet. Because we have limited knowledge regarding his marital life, we can’t precisely offer his wife’s age if he has one.
Discussions and talks about him on the Internet are limited to his expanding business venture. He falls under Australia’s high-end property developer who executes projects worth billions.
Currently, Joe is in talks about his business crisis. Caydon has hit rock bottom with receivers appointed to the company. A receiver and liquidator are ordained to handle Caydon’s completed residential and commercial property, current development projects, and land holdings.
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How Rich Is Joe Russo?
Joe Russo must have his net worth in millions considering the high-end project his company Caydon deals with.
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The $1 billion Cremorne Nylex site, the $US100 billion build-to-rent rental market, and The Midtown, a $200 million, 27-story, 357-unit apartment tower, are a few projects executed by Joe’s construction company, Caydon. Moreover, the corporation is valued at billions of dollars in assets.
Considering all these, Joe lives a lavish life in abundance of wealth.
