Fritz L. Duda, Sr.

President

Fritz L. Duda is the founder and owner of the Fritz Duda Company, a privately held real estate development and investment firm with offices in Dallas, Newport Beach, and Reno.  Fritz has served on the boards of a number of private and public companies and was a founding investor and director of HMI Acquisitions and, subsequently, The Vons Companies, Inc. from 1985 to 1997, when the company was merged with Safeway.

Fritz Duda serves on the School of Architectural Advisory Council at the University of Notre Dame and is a Hesburgh Trustee, honored with an honorary Doctor of Laws degree in 2009. He is also a Trustee of the 1066 Foundation at UC Hastings College of the Law where he earned his L.L.B. and J.D.  In addition to his role as a board member on the Baylor Scott & White Dallas Foundation, he was appointed Commissioner of the Texas Historical Commission in 2023.  He is a member of both the State Bar of California and the American Bar Association.

In Memoriam:

Fred V. Duda, known as “Fritz,” came to the United States as a small boy and was schooled in Plattsmouth, Nebraska where his father worked for the Burlington Railway Company. He had an extensive career in the grocery business with the Jewel Companies where he became a senior executive. He started his own real estate business in Anaheim, California building apartments and rental properties. He is considered our Founder, having set the stage for excellence in building and developing quality real estate. Fred provided the early seed money for our TownGate development in Riverside County, which allowed us to expand our land development activities.

Michael Duda: Michael joined the Fritz Duda Company in 2010. He earned an undergraduate degree in Architecture from the University of Notre Dame and subsequently practiced architecture in California before obtaining his MBA at Southern Methodist University. During his tenure at FDC, he was instrumental in the design of our redevelopment and improvements at the Via Lido Plaza property in Newport Beach and our initial acquisitions in the Reno market. His untimely passing in 2019 provides this opportunity to memorialize him and remember him for his passion for learning and creative contributions during his brief time at FDC.

Peter Aburrow

Vice President, Asset Management

Peter Aburrow joined FDC in October of 2024 as the Vice President of Asset Management. He oversees all aspects of our Texas, California, and Illinois portfolio. Peter has more than 20 years’ experience in development, asset management, acquisitions and disposition of retail, industrial and office.   

Before joining FDC, Peter was an Asset Manager for Global Net Lease. While at Global Net Lease he managed an open-air shopping center portfolio of 29 properties, 4,900,000 square feet, and 350 tenants across the Midwest, Kentucky, Texas and Oklahoma. Prior to Global Net Lease, Peter was Head of Retail Asset Management at L&B Realty Advisors with comprehensive oversight of a retail portfolio with a gross asset value in excess of $700 million. Prior to L&B Realty he served as Asset Manager at a discretionary value-add retail fund, managing over $400 million in equity investments. Additionally, Peter has held leadership positions in development, acquisitions, retail asset management, and leasing.  Peter is a graduate of Southern Methodist University, a licensed Real Estate broker in the State of Texas, a Certified Commercial Investment Member (CCIM), and a member of ICSC.

 

Barbara "Barb" Erhart, CPA

Chief Financial Officer

Barb joined FDC in August 2023 as Chief Financial Officer. She comes to us after thirty years of senior financial management experience and working with teams from small to large organizations and across all phases of real estate, including development, acquisitions, and disposition as well as financial reporting, treasury, accounting, budgeting, and operational analysis. She has been consulting for the past few years, most recently with USAA in their Real Estate fund accounting department. Prior to USAA, she worked as CFO of a healthcare company and was on the executive leadership team. Her responsibilities included FP&A, treasury, income and sales taxes, incentive compensation plan design and administration, and acquisition due diligence. Also, she previously worked at Staubach Company/Jones Lang LaSalle Americas, Inc. and at Billingsley Company many years ago. Barb graduated Magna Cum Laude at Texas A&M University with a BBA, Accounting.

 

Spencer Myers

Senior Financial Analyst

Spencer joined FDC in October of 2024 as a Senior Financial Analyst. He serves on the asset management side of the business, overseeing the Texas, California, Nevada, and Illinois portfolios. In his role, Spencer supports the underwriting of new acquisitions and development opportunities, assists with refinancing strategies across the portfolio, and analyzes partnership capital structures to optimize returns for stakeholders. Prior to joining FDC, Spencer was a student-athlete at the University of Notre Dame, where he earned a Bachelor's degree in Finance and a Master of Science in Business Analytics (MSBA). During his five years at Notre Dame, Spencer was a starter on the baseball team and participated in the 2022 College World Series. Spencer applies his analytical background to commercial real estate and is focused on growing his expertise in asset management, acquisitions, and development.