Tom Hermansen acts as managing partner for several real estate investment entities with interests in commercial real estate in Brevard County. The principal partnerships currently own/operate five hotels. A sixth hotel in Cape Canaveral is currently under construction. Other activities include commercial leasing of owned buildings and residential real estate development.

Tom was a founding director of Prime Bank of Melbourne in 2004 and served on its board through the merger with Florida Bank of Commerce until it later merged with Sunshine Bank in 2016.

Tom is the current Chair of the Brevard County Tourist Development Council. He also serves on the Board of the Cocoa Beach Hotel & Lodging Association and the Board of Trustees for Holy Trinity Episcopal Academy.

He lives in Merritt Island with his wife Cortney and their two daughters, Sophia, and Vanessa.