In-Person Roundtable: Investment Strategies with Dan Neidich, CEO of DUNE Real Estate Partners

Daniel Neidich is the Chief Executive Officer of Dune Real Estate Partners LP (“Dune”), a New York City based real estate investment firm broadly focused on opportunities stemming from capital dislocation in the real estate market. At Dune, Mr. Neidich leads a senior team of professionals in executing its strategy, which generally focuses on debt and equity in deep value-add, contrarian and distressed investments.

Dune manages the Dune Real Estate Funds which were launched by Mr. Neidich in 2005 and have raised $4.2 billion of equity capital and control $4.6 billion of assets.

Prior to founding Dune in 2004, Mr. Neidich was at Goldman Sachs where he was a member of the firm’s Management Committee, Vice Chairman's Council, co-head of the Merchant Banking Division and Chairman of the Whitehall Investment Committee. In 1984, Mr. Neidich became a partner of Goldman Sachs and in 1990 he became head of Goldman Sachs’ Real Estate Department. In 1992, Mr. Neidich formed the Real Estate Principal Investment Area, in 1998 he became co-head of the Merchant Banking Division, in 1999 he joined the firm’s Management Committee and in 2000 he joined the firm’s Vice Chairman's Council.

In 1991, under Mr. Neidich’s direction, Goldman Sachs raised the first Whitehall fund to invest in real estate opportunities. Under his leadership, the Whitehall Funds raised over $12 billion of total equity and purchased over $50 billion of real estate interests worldwide.

Mr. Neidich has held leadership positions in industry organizations for decades. He is a Trustee and a member of the America’s Executive Committee of the Urban Land Institute, a multidisciplinary real estate forum that facilitates an open exchange of ideas, information, and experience among industry leaders and policy makers. He is the former Chairman of the International Advisory Board of the Real Estate Academic Initiative at Harvard University and a member of Columbia Business School’s MBA Real Estate Program Advisory Board. Mr. Neidich is a former Chairman of the Real Estate Roundtable and a former Trustee of the International Council of Shopping Centers as well as a former member of the Board of Governors of the Real Estate Board of New York, the International Advisory Board of Eurohypo AG and the Board of Directors of General American Investors Company, Inc. Mr. Neidich serves on the boards of Prep for Prep (where he is a member of the Executive Committee), The Child Mind Institute (where he is a member of the Audit and Finance Committee) and The Trust for Governors Island. He is a former member of The Hotchkiss School’s Investment Committee, the Board of Governors of The Nature Conservancy and the Museum of Modern Art. Mr. Neidich received an M.B.A. from Stanford University Graduate School of Business in 1974 and a B.A. from Yale University in 1972.

Stephen Tomlinson is a Real Estate Partner in Kirkland & Ellis’ New York office. Steve’s practice focuses on business transactions in the real estate and hospitality industries for real estate private equity sponsors, sovereign and other non-U.S. investors and real estate operating companies engaged in acquisitions and dispositions, operating company and multi-investor fund formations and investments. Steve has been named a Real Estate MVP by Law360, and has been recognized as one of America’s Leading Lawyers for Business in Real Estate by Chambers USA and by Who’s Who Legal in the Real Estate chapter.

Stefan Krawitz is a Senior Associate on the acquisitions team at Nightingale Properties where he focuses on all aspects of the real estate investment process. His primary responsibilities include underwriting and due diligence on prospective transactions, including financial analysis, deal structuring and market research. He is also actively involved in the firm’s capital raising initiatives.

Prior to Nightingale, Stefan was a member of the acquisitions team at Kaufman Investments, a New York-based real estate investment company. He previously worked at RXR Realty, evaluating new opportunities for RXR’s equity and debt investment funds. Stefan is a graduate of Cornell University, where he received a Bachelor of Architecture. Outside of real estate, he is active in several community leadership and non-profit groups including the UJA-Federation of New York.

--

Led by Elie Schwartz, Nightingale Properties is an established vertically integrated commercial real estate investment firm. Headquartered in New York City, Nightingale’s portfolio currently spans more than 22 states where they own and manage over 22 million SF of office, retail, data center, life sciences, parking, and hotel assets. Since its inception, Nightingale’s pedigree exceeds nearly $10 billion in transactions and the management of over $1 billion of institutional equity from pension funds and sovereign wealth funds, in addition to $1 billion of equity from high-net-worth investors and family offices.