ALM Real Estate Media Group||Real Estate Forum|RealShare Conference Series
Joel Ross

Joel Ross

Joel Ross began his career in Wall St as an investment banker in 1965, handling corporate advisory matters for a variety of clients. During the seventies he was CEO of North American operations for a UK based conglomerate, and sat on the parent company board. In 1981, he began his own firm handling leveraged buyouts, investment banking and real estate financing. In 1984 Ross began providing investment banking services and arranging financing for real estate transactions with his own firm, Ross Properties, Inc. In 1993 Ross and a partner, Lexington Mortgage, created the first Wall St hotel CMBS program in conjunction with Nomura. They went on to develop a similar CMBS program for another major Wall St investment bank and for five leading hotel companies. Lexington, in partnership with Mr. Ross established a hotel mortgage bank table funded by an investment bank, and making all CMBS hotel loans on their behalf. In 1999 he formed Citadel Realty Advisors as a successor to Ross Properties Corp., focusing on real estate investment banking in the US, UK and Paris. He has closed over $3.0 billion of financings for office, hotel, retail, land and multifamily projects. Ross is also a founder of Market Street Investors, a brownfield land development company, and has been involved in the acquisition of notes on defaulted loans and various REO assets in conjunction with several major investors. Ross was an adjunct professor in the graduate program at the NYU Hotel School. He is a member of Urban Land Institute and was a member of the leadership of his ULI council. In 1999, he conceived and co-authored with PricewaterhouseCoopers, the Hotel Mortgage Performance Report, a major study of hotel mortgage default rates.

  • Maybe 2017 Will Be Better Than Many Think


    Maybe 2017 Will Be Better Than Many Think

    Despite the mass media, there is a very good chance things will go well from here. It all depends on who blinks this week over the border wall and…

  • The Black Swans Are Circling


    The Black Swans Are Circling

    Brexit has been triggered and the final outcome is very unclear. Chances are high that it will be a hard Brexit, but it is way too early to tell. The…

  • Freedom Caucus Impact On CRE


    Freedom Caucus Impact On CRE

      The difference between a politician at the extreme of either party, and a businessman, is the politician is driven by some extreme…

  • Ignore The Noise


    Ignore The Noise

    As experienced deal makers, it is surely not a surprise to you that in Washington, there is always a group that says “there is no way I am voting…

  • The Black Swans Continue To Circle


    The Black Swans Continue To Circle

    The stock market is at a record high, animal spirits have been released and optimism has returned, despite all the nonsense being put out by the mainstream…

  • Reality vs the Press and Washington


    Reality vs the Press and Washington

    It is becoming more probable by the day that Obama and his minions, Rhodes and Jarrett, backed up by Holder, are running a Resistance campaign to undermine…

  • Assume Many Good Things Will Get Done


    Assume Many Good Things Will Get Done

    Despite the reports in the press about dysfunction at the White House, and other reports that various major legislation is hung up in Congress, don’t…

  • CRE And The Revolt Of The Left


    CRE And The Revolt Of The Left

    Last week I ended my Rant with the warning that the left, and the kids being turned out of universities with the belief that they can yell and scream…

  • Return To The Bad Days Of The Late Sixties


    Return To The Bad Days Of The Late Sixties

    For those of you old enough to recall the 1968 Democratic convention and the Free Speech movements and Kent State, we seem to be returning to those…

  • Keeping Up Is Hard To Do


    Keeping Up Is Hard To Do

    The speed at which the new Trump administration is moving is creating a situation that most people, including foreign leaders, cannot deal with.