Gregg Lisciotti ’91 hasn’t lost sleep over the real estate market’s current tailspin. That’s saying something, since he runs a real estate development company.

“There are significant opportunities for those who understand the market, have readily available capital, and can move quickly when deals present themselves,” observes the president of Massachusetts-based Lisciotti Development.

“I look at the acquisition costs, the interest rate, and the amortization schedule needed to finance the deal,” he adds. “If something doesn’t feel right, I walk away. It’s very important to be able to say ‘no.’”

Lisciotti made his entrepreneurial debut in 1990, even before receiving his Bentley BS in Finance. Buying a parcel of residentially zoned land in his hometown of Leominster, Mass., he built a single-family housing development. The project’s success prompted recognition by the Worcester Business Journal, which named Lisciotti to its annual list of Forty Under Forty People to Watch.

Most recently, Lisciotti gained the rights to develop the golf course at Southfield (the former South Weymouth Naval Air Station). The project includes residential units, commercial space, and an MBTA station.

The golf course will be among the first in the nation to be handicap accessible. Moreover, Lisciotti aims to green the greens through measures that include powering the 20,000-square-foot clubhouse with solar, geothermal and other renewable energy sources.

Off the job, the alumnus is a generous and effective advocate of community. A longtime trustee at Fitchburg State College, Lisciotti was unanimously elected board chairman in July 2007. He also chairs the Leominster Housing Authority and serves on the board of Leominster Development Corporation. He is a former board member for the Massachusetts Convention Center Authority and Our Father’s House shelter for the homeless.

In 2007, Lisciotti founded A Hand Up Charitable Foundation (www.ahandup.com). The private agency supports organizations that “do a great job fulfilling their missions, but need help with fund raising or technical support,” Lisciotti explains, noting grants to HealthAlliance Hospital and the Montachusett Opportunity Council’s Head Start program.

“My Bentley education enabled me to be successful,” he says, “and that success has enabled me to give back.”