REAL ESTATE INVESTMENT & DEVELOPMENT FORUM
Arthur J. Mirante II joined Avison Young in 2012 as a Principal and Tri-State President, based in the firm’s New York City office. One of the most accomplished and respected professionals in the commercial real estate industry, Mirante serves as a member of Avison Young’s Executive Operating Committee.
Prior to joining Avison Young, Mirante worked at Cushman & Wakefield for more than 40 years, where he most recently served as President of Global Client Development. Prior to that, he served as the firm’s CEO for 20 years.
During Mirante’s tenure as CEO, Cushman & Wakefield's revenues increased from $100 million to $1 billion and the firm expanded from 60 U.S. offices to 173 offices, including 100 outside the country.
Throughout his career, Mirante has participated in some of the New York market’s largest and most complex transactions, including the sale of the World Trade Center, the headquarters relocations of MasterCard International and The Guardian Life Insurance Company, the record $1.72 billion sale of 200 Park Avenue for Metropolitan Life in 2005, the record $1.8 billion acquisition of 666 Fifth Avenue in 2007, and the long term lease of 75 Rockefeller Plaza to RXR in 2013.
David Amirian is the Founder of The Amirian Group, one of New York City’s premier residential and commercial developers. The firm is committed to every project, ensuring attention to design and construction, while maximizing returns and profitability on their investors. The Amirian Group focuses on projects that are unique in design and location.
Amirian began his career in 2001 at HRH Construction where he worked on projects such as The Gateway Plaza Mall in East New York, and The Marc at 900 8th Avenue, the Moinian Group’s first ground up project in New York City. In 2006, David was named the Director of Construction at 40 Broad Street and helped convert the Office Building in The Setai in NYC, a multi-million dollar mixed-used project.
After 11 years of work in the real estate and construction industry, including HRH Construction and Zamir Equities, David started his own firm and partnered with Wonder Works Construction and The Brody Group in 2012 to build 316 East 3rd Street, a ground-up rental project in the Lower East Side and 540 West 49th Street, which broke the record for the highest price per square foot ever achieved in Hell’s Kitchen. In late 2015, after purchasing 16 East 10th Street, a 10,500 square foot home, David sold the property, breaking records as the most expensive single family townhouse ever sold in Greenwich Village. The Amirian Group’s most recent projects include Thirteen East-West in the East Village, and The Twenty One in Flatiron.
David co-founded Brooklyn Standard Properties (BSP) in 2013. David has over 12 years of financial market experience working for some of the largest European banks. Over those 12 years, he traded, sold and managed trillions of corporate credit and residential mortgage-backed securities. Most recently, he managed the EUR 6 trillion CDO portfolio at KBC Bank where he was asked to oversee a team of traders in order to maximize the portfolio's returns. Prior to running the team, David helped grow the KBC CDO business to be one of the largest and most active teams on Wall Street. He is a graduate of Washington University in St. Louis, where he received a BSBA from Olin Business school. He is married with a 5-year-old son.
David Schore is the President of Mark Holdings LLC, a real estate investment firm he founded in 1999 which specializes in real estate equity and debt asset purchases, property development and asset management. Since 1995, Mr. Schore has overseen and/or participated in excess of $2.8 billion of acquisitions, construction, financings and sales. Mr. Schore has recently rededicated his focus to Mark Holdings LLC after having co-founded Solon Mack Real Estate in 2012 with William, Richard and Stephen Mack. In 2013, Schore and the Macks merged Solon Mack Real Estate into the newly formed Mack Real Estate Group, where he co-headed the firm’s national development and equity investment business until June 2017.
Prior to Solon Mack, Mack Real Estate Group and Mark Holdings, Mr. Schore worked for four years as the senior acquisitions officer at Emmes & Company, a private real estate investment and asset management firm, where he oversaw and participated in over $900 million in acquisitions, financings and sales. Before Emmes, Mr. Schore worked in acquisitions and asset management at Greystone Realty Corporation (a $1.2 billion real estate pension fund advisor owned by New York Life), in the real estate investment-banking group at Bankers Trust Company, as a real estate broker at Newmark Real Estate Services and at Earle W. Kazis Associates.
Mr. Schore graduated with an MBA in real estate finance from Columbia Business School and with a BA (magna cum laude) in history from the University of Colorado at Boulder. Also, Mr. Schore attended Bates College in Lewiston Maine and Milton Academy in Milton Massachusetts. Mr. Schore is a member of the International Council of Shopping Centers (ICSC), on a real estate board of the University of Miami and has served on numerous UJA committees.
As co-founder and managing member of AARE, Dvir Cohen Hoshen is responsible for strategic planning, business development, and deal sourcing. He has been involved in New York real estate since 2008, having sourced and managed several residential projects in Manhattan and Brooklyn on behalf of the AARE Founders Group. Previously, Cohen Hoshen served as founder and CEO of Adama Holding Public LTD, a real estate development and investment company in Central and Eastern Europe, credited with developing approximately 1,700 residential units in Romania.
Cohen Hoshen earned a Bachelor of Arts degree in economics from the Tel Aviv University.
Mr. Hakimian is experienced in underwriting and executing all types of real estate investments with a focus on property development, redevelopment and re-positioning in the hospitality and residential sectors. He has been responsible for the acquisition and/or asset management of over $1.0B of assets across North America including 5 hospitality assets and 3,000 multifamily units.
Prior to forming Certes, Mr. Hakimian spent 7 years at Deutsche Bank in its RREEF Real Estate Global Opportunity Funds Group. The group’s latest fund had over $1.9B of assets under management.
Mr. Hakimian received a B.S. from the Stern School of Business at New York University, where he was awarded the Dean’s Honor Key. He is a member of the Urban Land Institute, New York Private Equity Network, and the NYU Young Alumni Leadership Circle.
Eli is a Principal and serves as the Director of Development for Joy Construction Corp since joining in 2008. In that role, he runs the development and finance platform for Joy Construction which has been an active builder in New York City since 1995.
He is primarily involved in executing the development process as well the underwriting and closing of debt and equity financing for acquisitions and construction loan transactions with both public and private sector financial institutions. Additionally, he oversees and coordinates acquisitions and development joint ventures for Joy Construction.
Since joining Joy, Eli executed the acquisition and development of over 1,500 multifamily units including The Mantena (431 West 37th Street) a 112,000 sf/98 unit luxury rental building in Manhattan's Hudson Yards neighborhood where Joy served as the GC and Developer. The development set leasing benchmarks for Hudson Yards and was acquired by Equity Residential for $84,000,000 in September of 2012.
Eli executed the acquisition, development and disposition of The Nathaniel, 138 East 12th Street, an 85 unit luxury rental building in the East Village with 17,000 square feet of retail. The site was acquired in April 2011 and was completed in 2014. In February of 2015, the asset was sold to Wafra Investment Advisory for $98,250,000.
Additionally, Eli led the development team for of St Anns Terrace (www.stannsterrace.com), an affordable mixed income 850,000 square foot/641 apartment mixed use development in the South Bronx with 50,000 sq feet of fully leased grade retail. Commencing in 2009, with a total development cost of $225 million, St. Anns Terrace, was ranked as the 14th largest construction site in all of NYC including municipal projects such as the 2nd Avenue Subway Line and Water Tunnel #3.
Eli is currently managing the development of Webster Commons, a 475 unit mixed income community which received the 2016 NYSAFAH Award for Excellence in Development and Crotona Terrace, a 188 unit mixed use and mixed income project; both located in the Bronx.
Moreover, Eli has overseen the acquisition and joint venture development of, 411 West 35th Street, 445 West 35th Street, 444 Tenth Avenue and 330 East 62nd Street.
Eli graduated from Yeshiva University with a B.S. in Finance and from New York University with an M.S. in Real Estate Development. He also received his J.D. from Seton Hall School of Law where he wrote his thesis for current United States Supreme Court Justice Samuel A. Alito. Eli is admitted to practice law in the State of New York and served as an associate adjunct instructor at NYU where he taught a graduate level course on real estate finance and affordable housing.
As Executive Vice President with SJP Properties, Mr. Alonso is responsible for the firm’s operations and business development, including sourcing and financing residential and commercial investment and development opportunities. Mr. Alonso is also a member of SJP’s Marketing and Leasing team.
Prior to joining SJP Properties, Mr. Alonso worked for CBRE in New York City, serving as an executive in the firm’s Global Corporate Services group. In that capacity, he advised clients on their global real estate strategies, including leasing, divestitures, and acquisitions. Prior to his career in commercial real estate, Mr. Alonso was a management consultant with Bain and Company, where he advised clients across the world, as well as having served as a Director with the National Basketball Association.
Mr. Alonso is on the Board of Governors of the Real Estate Board of New York (REBNY), where he charts the organization's activities and policies in consultation with its elected committees, and advises on the key issues that concern the industry and its constituents. He also holds a Master of Business Administration from Stanford Graduate School of Business and a Bachelor of Arts degree from Amherst College.
Gabriel Hamani serves as CEO of BHI. BHI is part of Bank Hapoalim, Israel’s largest banking group, and specializes in full-service, personalized banking for medium-sized businesses in the following fields: commercial real estate; food and commodities; entertainment; apparel; healthcare and high-tech.
Mr. Hamani has 25 years of experience in banking, finance and management. During Mr. Hamani’s tenure in Bank Hapoalim USA, he has held several different roles, including Head of the Israeli Business Group, Deputy Branch Manager, Manager of the NY Branches and CEO. Mr. Hamani serves on the Board of Hapoalim Securities. Since 2012, he has also served on BHI USA’s Advisory Board.
Previously Mr. Hamani filled a variety of senior positions with Bank Hapoalim Israel and its subsidiaries, including Branch Manager, Be'er Sheva Branch, the main branch in the Negev area of Israel, as well as Deputy Manager of Israel Bank Continental, Ltd., where he served as the sole deputy manager in charge of credit and risk management. Mr. Hamani also held a number of positions at Bank Hapoalim branches in Jerusalem.
Mr. Hamani holds a BA degree in Economics and an MBA specializing in financing and accounting, from Hebrew University in Jerusalem. He serves on the Board of Directors of the American Friends of Tel Aviv University.
BHI has a footprint in some of America’s largest metropolitan areas, with offices in Woodcliff Lake, New Jersey; Aventura, Florida; and two locations in California, in downtown Los Angeles and Beverly Hills.
Gabriel B. Shiff serves as chief investment officer of Roseland Residential Trust. Mr. Shiff is responsible for managing corporate and project-level analytics for Roseland, focusing on debt and equity financings (over $2 billion in financings since 2007), asset management activities, acquisitions and dispositions, and managing the division’s banking and investor relationships. In addition, Mr. Shiff oversees Roseland’s business plan, forecasting capital and operating needs as well as corresponding cash flow and value generation for the residential portfolio.
Prior to joining the Company, Mr. Shiff was at Bear, Stearns, & Company’s Real Estate, Gaming and Lodging (REGAL) Investment Banking Group.
Mr. Shiff received a Bachelor of Science in Finance from the Wharton School at the University of Pennsylvania in Philadelphia.
Mr. Carswell is a Partner of The Shidler Group, a financier in the field of real estate investing debt and equity capital into properties and creating and capitalizing new real estate-related companies. Mr. Carswell focuses on the financing of new acquisitions and the development of joint venture relationships with capital and operational partners. As such, Mr. Carswell has employed his in-depth knowledge of securitized markets and structured finance solutions to lead the structuring and funding of debt instruments totaling in excess of $3 billion.
Mr. Carswell joined the Shidler Group in 2011 as Director of Capital Markets of Alliance Partners, one of The Shidler Group’s affiliated companies, where he led the acquisition and financing of office and industrial assets valued at $750 million. Mr. Carswell also led the formation of the Shidler Group's joint venture hospitality platform that acquired over 4,000 keys in the span of 24 months. Mr. Carswell was responsible for structuring and investing $200 million of foreign capital into U.S. debt instruments backed by office and hotel properties. Mr. Carswell has secured both private and sovereign wealth capital from Asia, the Middle East and the EU.
Prior to joining the Shidler Group, Mr. Carswell was the founder and CEO of Oak River Capital LLC, a boutique investment-banking firm focused on capital raising and restructuring advisory services.
Mr. Carswell holds a Bachelor of Arts degree in psychology from Villanova University and is a frequent speaker at industry events.
Michael Nagelberg is a Managing Director in the Blackstone Real Estate Debt Strategies Group, based in New York.
Before joining Blackstone, Mr. Nagelberg was a Principal at TPG and was responsible for originating, acquiring, and structuring real estate debt investments across various property types in the United States. Prior to TPG, Mr. Nagelberg was an Associate in Deutsche Bank’s Real Estate Special Situations Group where he was involved in loan origination, acquisition, and asset management. Mr. Nagelberg started his career with Antares and then Warburg Pincus focusing on real estate investment, development, and underwriting.
Mr. Nagelberg graduated from Princeton University with a degree in Economics and Finance.
Mr. Garfinkel is the partner in charge of AGMB’s Real Estate and Banking Practices.
Neil B. Garfinkel’s legal experience is diverse and his practice focuses on all aspects of commercial and residential real estate, title, banking law and lending law. He further advises clients on trust and estates issues and elder law issues as those issues relate to real estate and lending transactions.
Mr. Garfinkel’s clients include trade associations, national and international banks, mortgage bankers, mortgage brokers, real estate brokers, real estate developers, condominium associations, cooperative corporations, landlords, tenants, title companies, borrowers and purchasers and sellers of residential and commercial real estate.
Neil B. Garfinkel proudly serves as Broker Counsel to the Real Estate Board of New York (“REBNY”), New York City’s leading real estate trade association. In addition to counseling REBNY on the vast array of laws and regulations that affect the real estate brokerage community, AGMB hosts the REBNY Legal Line, a daily legal hotline provided exclusively for residential members of REBNY.
Through his affiliation and participation with REBNY, he has become acutely aware of the many issues that face his real estate broker clients on a daily basis. Accordingly he counsels his clients on commission disputes, licensing and disclosure requirements, agency issues, employment and wage laws, strategic alliances and affiliated business relationships and disciplinary actions instituted by governmental entities.
Mr. Garfinkel serves as counsel to the Empire State Mortgage Bankers Association and he regularly counsels his mortgage banking and mortgage broker clients on all aspects of their businesses. His expertise in cooperative corporation law has enabled him to assist national lending institutions in creating cooperative loan programs in New York. Furthermore, Mr. Garfinkel has traveled extensively throughout the country to provide training programs to the employees of his banking clients. Mr. Garfinkel has also counseled his clients on loan portfolio acquisitions and sales. He is well versed in the complex areas of federal and state licensing and lending laws and assists his clients in obtaining banking and broker licenses, as well as structuring affiliated business relationships under the Real Estate Settlement Procedures Act.
Mr. Garfinkel serves as general counsel to a real estate investment firm, where he advises these companies on legal and business issues on a daily basis. This unique combination of knowledge and experience enables him to better serve his many clients and address their needs from a multi-faceted perspective.
Mr. Garfinkel resides in Great Neck, New York with his wife. He has two children.
Morgenstern Capital is an entrepreneurial real estate investment firm and operator of New York City multifamily and mixed-use properties. Founded in 2014 by Robert Morgenstern whose ownership experience includes acquiring over 800 apartments worth more than $500 million. Morgenstern Capital utilizes a disciplined approach and proven proprietary strategies to source off market transactions, analyze and acquire underperforming assets and produce outsized risk adjusted returns to its investors.
Critical to the firm’s success are three fundamentals learned and honed over years of experience with some of the industry’s leading institutional equity partners, lenders, and business partners. Passion, Experience, and Integrity guide all investment decisions, the firm’s financial & ethical principles, and its daily enthusiasm for creating unique communities in carefully selected submarkets in the greatest city in the world. Doing only what they know best, and avoiding what it doesn’t, allows Morgenstern Capital to operate as a leading multifamily investor.
Stephen G. Kliegerman's long standing career in real estate has earned him an esteemed reputation from his colleagues and clients alike. As Executive Director of Development Marketing for Halstead Property, LLC, Stephen is responsible for the operations, direction and management of new business, client relations, pre-development planning, marketing and sales. Along with his unmatched team of sales and marketing professionals, Stephen has built the Development Marketing Division into the market leader in the industry through unparalleled customer service, creative marketing and record setting sales teams. Often sought out by the city's top developers, Stephen played an instrumental role in securing Halstead Property as the exclusive sales and marketing agent for the Toll Brothers' four new developments in Manhattan, Brooklyn and Long Island City; this represents the first time Toll Brothers has ever used an outside firm. In addition, Stephen consults with some of the top developers in the country based on his knowledge and expertise in new developments. As a result of his experience, he is quoted frequently in the media.
A graduate of The George Washington University and a Licensed Real Estate Broker since 1989, Stephen previously owned and operated his own real estate brokerage, management and consulting firm, Herbert H. Kliegerman Associates, Inc. In 1998, the firm, which specialized in the management, sale and leasing of Coops, Condos, and Lofts in Downtown Manhattan, merged with Halstead Property and Stephen was appointed Executive Director of Downtown Sales.
Over the past 20 years, Stephen has established himself as a leader in the brokerage community through his efforts in the Downtown Brokers Association of which he served a five year term as its President. Stephen is also a highly active member and leader of The Real Estate Board of New York for which he currently serves as Co-Chair of the Interfirm Forum and has also served three terms on the Residential Ethics Committees (twice as Chairman) and four terms as Chairman of the Downtown Committee. Additionally, Stephen was among the catalysts for the renowned industry RLS and 72 hour co-broke rule which helped to revolutionize the way brokerage firms cooperate throughout the city.
Well versed in every aspect of the sales, management, development and motivation process, Stephen works side by side with his sales and marketing directors, project managers and marketing coordinators to ensure that every aspect of the development process is managed with precision, professionalism and the highest level of business ethics. It is these qualities that have enable Stephen to rise to the top of his field.
In addition to having an active and passionate professional life, Kliegerman has an equally active personal life where he enjoys skiing, fishing, baseball, the arts and spending quality time with his two children. Stephen consistently puts his all into everything he does and enjoys the results and satisfaction of knowing that his family and clients get his full attention, and ultimately a result equal to that effort.
Michael Jaffa is responsible for the direction and coordination of daily office operations of the entire staff at Jack Jaffa & Associates. He is a chief strategist in determining the company’s marketing, development and continued expansion opportunities. Since Michael has assumed this position, he has concentrated and strives to improve and strengthen the company’s position in the Industry and to provide our employees with the empowerment necessary to proactively perform their duties. Michael is actively involved in the inception and incorporation of various data management and case monitoring software programs which our clients have found as extremely useful administrative tools. His counsel relating to the removal of violations is sought by property owners, managers and investment funds throughout the region. His informative articles regarding the subject have been featured in a variety of trade publications such as the Real Estate Weekly and Real Estate Journal.
Mr. Velotta is a Director with Meridian Investment Sales focused the sale of multifamily, mixed-use, retail, and development properties throughout New York City. Prior to joining Meridian Investment Sales, he was a Director of Sales at Cushman & Wakefield (formerly Massey Knakal Realty Services) with a specialization in the Brooklyn market. Mr. Velotta has been involved in the sale of properties with an aggregate value in excess of $300,000,000 and was recognized in October 2017 by the Commercial Observer in its 30 Under 30: The Best and the Brightest of NYC Real Estate. Of note in 2017, Mr. Velotta has closed on the sale of 35-01 36th Street, a 50,000 square foot office and retail building in Queens for $24,000,000, 162-168 East 82nd Street, a 38-unit walk-up apartment building in Manhattan for $19,400,000, and 292 Midwood Street, a 46 unit mixed-use building in Brooklyn for $10,460,000.
Mr. Velotta graduated from Bates College with a B.A. in Economics and was an NCAA baseball player. He is an avid runner, golfer, and currently resides in Brooklyn Heights.
Shawn Rosenthal joined CBRE as an Executive Vice President in the Debt and Structured Finance Group in June of 2013. He is primarily responsible for all aspects of the origination and underwriting process including sourcing, evaluating, structuring and negotiating investment and finance opportunities for all property types throughout the United States with a focus on New York City. Over the past decade he has closed approximately 155 transactions for approximately $9,500,000,000 across the country.
Industry awards and achievements include: Winner of the 2008 Edward S. Gordon Memorial Award by REBNY for arranging $700m of debt and equity financing for the acquisition of 650 Madison Avenue. 2010 Forty under 40 – Real Estate Forum magazine. 2009 Stars are Rising - Real Estate New York. 2006 Rising Stars in the Industry - New York Real Estate Weekly.
Shawn is an expert in the mezzanine debt markets and spends significant time on joint venture equity transactions, often speaking on panels at industry conferences. He has authored several articles on these topics and recently completed a chapter in a Real Estate Capital Markets Handbook, a text utilized in European business schools.
Prior to joining CBRE, Shawn was a Principal of the Ackman-Ziff Real Estate Group where he worked from 2000-2013. In 1997-2000 he practiced real estate law at Thacher Proffitt and Wood, a large New York City-based law firm, which worked on a broad range of real estate finance and corporate transactions. Prior to law school, he worked at KPMG for two years as both an auditor and tax associate.
Shawn holds a Bachelor of Arts degree in accounting and economics from Queens College and a Juris Doctorate in Law from New York University Law School. Shawn is a licensed attorney and CPA in New York. He is a member of a host of real estate organizations including the Real Estate Board of New York, Urban Land Institute, International Council of Shopping Centers, National Multifamily Housing Council and the New York State Bar Association.
Yariv Ben-Ari is a partner in the Real Estate Practice Group. He has extensive experience representing investment and commercial banks, and other lending institutions, as well as owners, operators, and developers, on a variety of matters including multi-property and multi-state acquisitions and dispositions, domestic and international development projects, and corporate refinancings of office buildings, shopping centers, multifamily, hotel, and resort properties. Yariv’s practice also focuses on the representation of developers, contractors, subcontractors, and design professionals on a range of complex construction contract and project administration matters.
In addition to his work in the real estate industry, Yariv also serves as a member of Akerman’s Cannabis Practice, which provides counsel to clients on the complex legal and business issues impacting companies with interests in the regulated substances industries.
His clients include Kushner Companies, KABR Group, Brack Capital Real Estate, Danya Cebus, Joy Construction, F&T Group, and CityR Group.
Yariv uses his knowledge of American and Israeli business cultures and legal systems to assist Israeli businesses and enterprises in the United States and Israel. He also speaks frequently on the structure of the Israeli government and civic institutions of the State of Israel to public school teachers on behalf of a joint program run by the Consulate General of Israel and the New York City Board of Education.
YJP is an exclusive community dedicated to connecting active real estate developers, owners, investors and deal-makers with the leaders and entrepreneurs of tomorrow. Our signature roundtable format was specifically designed to foster organic discussions about the future of real estate investing, develop new long-term professional relationships, and allow our members to explore potential partnerships and professional opportunities.
Please join us for gourmet bites, signature YJP cocktails, and strategic networking, as we convene the New York's top movers and shakers. Breakout sessions will be comprised of unique case studies, analysis of present/future markets, and speakers' tried-and-true tips on how to operate a successful real estate investment firm.
6:00-6:45 PM | Dinner & Cocktail Reception
7:00-8:15 PM | Five Concurrent Roundtable Panels
8:15-9:00 PM | Post-Session Networking, Cocktails & Dessert
Union Sq / Irving Pl area
This event starts on April 19th at 6:00 PM.