Management Team

Christian Heger and Kyle Ransford founded Cardinal Real Estate Investments in July of 2001.

Kyle A. Ransford
Founder and General Partner
Kyle Ransford, is the co-founder of Cardinal Investments, LLC. His passion for real estate and his experience in finance led him to the foundation of Cardinal Investments in 2001. Currently, he has 90...
Kyle Ransford, is the co-founder of Cardinal Investments, LLC. His passion for real estate and his experience in finance led him to the foundation of Cardinal Investments in 2001. Currently, he has 90% of his personal assets invested in the firm’s projects. Ransford founded Cardinal Investments in order to invest and develop residential, commercial and resort real estate projects with a focus on quality, design and creativity while maintaining respect for the community and preserving the integrity of each location. The company has had tremendous growth in its first 5 years, which Ransford credits to an innovative, hands on approach. By recognizing and acting quickly on emerging markets and trends, Cardinal has outperformed the general real estate market considerably with each deal. Ransford began his entrepreneurial career in Real Estate in 1994 with an investment portfolio of distressed REO properties. From 1998-2000 Ransford ensconced himself in investment banking, first for Houlihan, Lokey, Howard & Zukin, a Real Estate Investment firm, and then for himself. During this time, he executed over $1 billion in mergers and acquisitions. In addition to that, he has also provided a variety of consulting and financial advisory services for companies in the real estate, internet and technology industries. Ransford earned a B.S. in business administration from Southern Methodist University, and an M.B.A. in finance from the University of Southern California.  
Christian M. Heger
Founder and Partner
Christian Heger, Founder and Partner of Cardinal Investments, LLC, has personally invested over 90% of his assets in each of the company’s 24 projects to date. As the Partner in command of the firm...
Christian Heger, Founder and Partner of Cardinal Investments, LLC, has personally invested over 90% of his assets in each of the company’s 24 projects to date. As the Partner in command of the firm’s Pasadena office, Heger is involved in all facets of Cardinal Real Estate Investments as well as Monarch Property Management, overseeing the individual assets from acquisition through stabilization and disposition. Heger has acted as the primary manager for nearly half of Cardinal Investment’s transactions, leading the projects’ acquisition, financing, construction, accounting and ongoing property management. Prior to founding Cardinal Real Estate Investments, Heger worked for Salem Partners LP, a Santa Monica based investment banking firm. At Salem Partners, he gained experience in various types of transactions in the entertainment and technology industries including mergers and acquisitions, private equity placements and asset valuations. Heger graduated cum laude from the University of Southern California, earning a B.S. in Business Administration. At USC, he participated in the undergraduate honors curriculum and focused on the study of finance and business economics. He holds a California Real Estate License.
Nicole Fitzgerald
Chief Operating Officer
Nicole Fitzgerald joined Cardinal Investments in 2004 and in January 2013, she returned to oversee the daily operations of the company, asset manage the real estate portfolio of over 200 units, and ma...
Nicole Fitzgerald joined Cardinal Investments in 2004 and in January 2013, she returned to oversee the daily operations of the company, asset manage the real estate portfolio of over 200 units, and manage the developments in Fiji and California. Nicole manages the office and oversees the firm’s operations from: accounting, debt financing, insurance, investor relations, correspondence and capital fundraising, marketing and website maintenance, legal, sourcing new deals, and property management. She also manages the corporate operations for a number of organizations and joint ventures. Prior to returning to Cardinal, Ms. Fitzgerald was the VP Corporate Development at Bank of Manhattan where she facilitated and managed the merger and the core conversion process the company went through in June and August of 2012. 

She was the facilities, construction and project manager for the company’s 19,000 square foot headquarters office, five bank branches, and seven mortgage offices. Project management duties included: leasing, design, construction, and installation and personnel set up.  Nicole's daily duties included maintaining A+ office conditions, managed facility vendors, and organized the relocation of personnel. In addition Ms. Fitzgerald responsibilities included being the marketing coordinator for corporate and the Bank division. She managed the marketing consultant, the merger and core conversion communication internally and externally, and the rebranding for the organization.  Nicole facilitated and promoted events for corporate, individual branches, and business development and loan officers. 
She was active the VP ofCorporate Development and being an ambassador for the organization with businesses and individuals in the community. Ms. Fitzgerald earned a BA in International Relations Global Business with an emphasis in Marketing from the University of Southern California. She holds a California Real Estate and California Notary License.
Jason de Guzman
Jason de Guzman joined Cardinal Investments in 2008 and specializes in acquisitions for the firm. Prior to joining Cardinal Investments, de Guzman worked as a Land Acquisition Specialist for John Lai...
Jason de Guzman joined Cardinal Investments in 2008 and specializes in acquisitions for the firm. Prior to joining Cardinal Investments, de Guzman worked as a Land Acquisition Specialist for John Laing Homes, the second-largest new homebuilder in the nation. He was responsible for spearheading all land acquisitions for the Inland Empire Division, which encompasses Riverside County and San Bernardino County. Before working for John Laing Homes, de Guzman also worked for Investments Limited, a large full-service commercial real estate investment firm in South Florida. He was responsible for the leasing of all commercial retail, office and industrial properties, as well as the acquisition of multifamily and retail assets. De Guzman earned a BA in Business Administration with emphasis in Real Estate from the University of San Diego. He also holds a California Real Estate Sales License.
Trevor Stahelski
Trevor Stahelski manages Cardinal Investments New York. He is directly involved in every facet of the company. Stahelski manages all daily operations, including deal sourcing, design and construction,...
Trevor Stahelski manages Cardinal Investments New York. He is directly involved in every facet of the company. Stahelski manages all daily operations, including deal sourcing, design and construction, as well as overseeing property management of the individual assets from acquisition through stabilization and disposition. Stahelski began his career working as an asset manager for Mitsui Real Estate Sales in Los Angeles, where he managed a $200 million property portfolio. The 5 years he spent there gave him the exposure to hone his skills, and gain valuable experience. Prior to Cardinal Investments, Stahelski followed his entrepreneurial spirit and started EWS Holdings, a boutique real estate development company based in Palmer, Massachusetts, Stahelski’s hometown. At EWS Holdings, he executed various residential and commercial transactions, handling deal sourcing, acquisition and construction management. Stahelski graduated from the University of Southern California, earning a B.S. in Business Administration. He currently resides in New York City.