Rick klepal

Rick Klepal, CCIM

Senior Managing Director

ALO Property Group LLC

10401 North Meridian, Suite 160

Indianapolis, IN 46290


T 317.853.7500

Years of Experience

32 Years


Areas of Specialization:

  • Investment Sales
  • Court Appointed Receivership
  • Commercial Loan Restructuring
  • Capital Markets

Professional Background

Rick is a Senior Managing Director with ALO Property Group and has an extensive background in institutional level corporate real estate finance, capital markets and investment sales, which spans more than 25 years of professional service. In recent years, he has successfully served both stabilized assets as well as providing restructuring services for his clients. These include serving as a court appointed receiver, the listing and sale of distressed assets and the sale of promissory notes. As an investment sale specialist, Rick leads ALO’s efforts in the State of Indiana by providing distinctly professional and broad reaching advisory and management services for institutional investors working through today’s ever changing market conditions.

2010 – Present: Senior Managing director, Newmark Grubb Knight Frank

2005 – 2010: Vice President, CBRE/Melody

1998 – 2005: President, Commercial Property Services, Inc.

1992 – 1998: Vice President, Grandbridge Real Estate Capital

1985 – 1992: Vice President, Shoptaw James, later acquired by LJ Melody, and eventually CBRE.

Industry, Community, and Membership honors

  • Met Life
  • First Industrial
  • BB&T Bank
  • The Broadbent Company
  • Duke Realty
  • First Industrial
  • GE Capital
  • Genworth Financial
  • Highwood
  • KBS Realty
  • LNR Partners
  • Nationwide Life
  • Northwestern Mutual
  • Principal Global
  • Prudential Financial
  • Bank Of America
  • Tower Realty
  • USAA Real Estate
  • JP Morgan Chase
  • Wells Fargo Bank

Education & certificates

  • B.S. Real Estate Finance, Indiana University
  • CCIM Certified
  • MAI Coursework
  • NSAD Series 7
  • Real Estate Brokerage License, Florida, Indiana & Florida
  • Mortgage Brokerage License, Florida, Indiana & Florida
  • Income Taxation of Real Estate Series, University of Wisconsin
  • Commercial Mortgage Loan Series, University of Wisconsin
  • Construction Lending Series, University of Wisconsin
  • Property Management Series, University of Wisconsin


ALO Property Group is a full service commercial real estate advisory firm based in Indianapolis, Indiana.



9075 N Meridian Street, Suite 175
Indianapolis, IN 46260

Telephone:  317.853.7500

Fax: 317.853.7279

Email:  Info@alopg.com



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