This is an HTML version of an article that ran in Real Estate Forum. To see the story in its original format, click here.

They are the future of our industry and, in some ways, the future is now, as young professionals are in the trenches, shaping the thinking and direction of commercial real estate. These young leaders have a drive and determination that is equal to and, in many ways, unmatched to that of their older counterparts. They've combined an uncanny knack for using the best of established traditions with finding ways of turning those traditions on their heads when adding their own creative spins to the equation. Their zest for giving back and innovation is an inspiration to those who have been in the business for a good many years. And, their outlook on the business is refreshing and invigorating to watch. With these leaders as the face of the industry for the next generation, it is safe to say the industry is in very good hands.

 

Recommended For You

AMARJIT KAUR BAINS, 37
National Director
JLL
Miami

Always driven toward a successful outcome, Bains was involved in winning three million square feet of new business for JLL last year. She manages all aspects of 701 Brickell, a trophy asset in the Miami Financial District, as well as the engineering and management team in Miami. Her performance has been ranked 5/5 by Brickell tenants for the past several years. Since November 2013, Bains led a TIAA-CREF/JLL team to increase the benchmark rating to above the national portfolio average for six consecutive quarters, resulting in JLL being awarded 2015 property management firm of the year. Bains implemented a SharePoint site to house and access large amounts of data, and is at the forefront of implementing HVAC Cloud, an energy cloud system that gives tenants access and control over energy usage. A few buildings are using it and Bains is driving the effort to implement it nationwide.

 

VAMSI BONTHALA, 37
Chief Executive Officer
Arbor Lodging Partners
Chicago

One of the youngest CEOs in commercial real estate investment, Bonthala co-founded Arbor Lodging Partners and NVN Hotels 10 years ago. A corporate lawyer with a background in real estate but no direct hotel experience, he is now a principal in both businesses. The freshness of perspective has paid off. Bonthala and his partner lead a team that has closed on eight new hotels in the past 10 months, most notably, the purchase of the Yarrow Hotel in Park City, UT that plays host to the Sundance Film Festival. Arbor Lodging Partners is now targeting hospitality that interests millennials, such as communal work spaces and healthy, local food selections. He has observed that because millennials spend less time in hotels, owners can attract guests based on locations near popular amenities, without the need to invest in offering everything onsite.

 

RYAN BUTLER, 37
Senior Director
Stan Johnson Co.
Tulsa, OK

Butler's approach to success stands out because he built his career with the client always in mind and took a slow and steady approach to building a lasting business. As one client said, "Ryan communicates what he is going to do and then delivers on it." At Stan Johnson Co., he became one of the strongest relationship builders in the firm. He credits his success to his early mentors and wants to pass the torch in developing future leaders in the industry. Butler is a senior director who leads a team of successful brokers and analysts to originate and close deals. His production has increased every year and Butler's team is considered one of the largest in the net-lease industry, with 325 transactions closed during the past 10 years, representing in excess of $1.4 billion in total sales volume.

 

JENNIFER CASSELL, 38
Chief Administrator Officer and SVP
CAPREIT Inc.
Rockville, MD

Cassell has demonstrated an extraordinary ability to coalesce and lead associates to achieve the company's goals. She has directed the company and its staff to place greater emphasis on achieving complete resident satisfaction while also generating substantial cost savings. In her role at CAPREIT, Cassell oversees the firm's financing, accounting, IT, legal, human resources and payroll, as well as property management policies. She reorganized the property management functions and staff to promote efficiency, achieve company cost savings in excess of $3 million annually and substantially improve resident satisfaction. In addition, Cassell engineered a revised 401(k) program for CAPREIT associates, which received a 10-minute standing ovation at the 2013 annual conference. She was named adjunct professor of law by the Washington College of Law at American University.

 

ANDREW DAITCH, 38
Senior Vice President, Investments
Affordable Housing Advisors, a division of Marcus & Millichap
Southfield, MI

Daitch's philosophy is to always put clients' needs first, and the volume of transactions he and his team have sold reflect that. With approximately 150 properties sold during the past 18 months, he consistently ranks as a Top 10 broker within his firm and came in as the No. 5 agent nationally last year. As the executive director of Affordable Housing Advisors (AHA), a division of Marcus & Millichap, he has helped position the specialty division at the affordability forefront. In the past 16 years, Daitch has brokered more than 800 transactions for an aggregate value in excess of $4 billion, aarranging the sale of 125,000 affordable housing units in 46 states. Notable transactions include selling 30,000-plus units of affordable housing for a REIT over a 10-year time frame, representing multiple faith-based organizations and assisting multiple investors taking their localized or regional business on a national platform. Daitch received a patriotic employer award from the Office of the Secretary of Defense and has established a quarterly charitable initiative within AHA designed to give back to Detroit.

 

MALCOLM DAVIES, 40
Principal
George Smith Partners
Los Angeles 

Davies has demonstrated an unparalleled ability to not only adapt, but thrive in a volatile and ever-changing marketplace. At age 37, after only two years with George Smith Partners, Davies was named a principal. At the time, he was the youngest of five principals, joining the original founding members as the first new principal in more than a decade. Davies has been integral in the financing and development of more than $1.5 billion in commercial properties and is responsible for the structured finance group. Prior to joining GSP, Davies was an award-winning developer, having built more than $320 million worth of properties. Because of his developer expertise, he also leads the firm's involvement in financing development projects, be that new construction or value-add redevelopment. In 2009, Davies co-founded the PEERS Organization, which stands for Philanthropy, Entrepreneurism, Environment, Relationships and Social Endeavors. The initiative has raised more than $1.5 million for various charities. 

 

  

TAWAN DAVIS, 36
Chief Investment Officer
Peebles Corp.
New York City

Tawan Davis is recognized as one of New York's emerging economic, social and political leaders. Newsweek compared Davis' leadership potential with Bill Clinton's. He began his career as an investment banker with Goldman Sachs and was an investor with Prudential Investment Management. He later became a vice president of real estate transactions for New York City under Mayor Bloomberg, where he executed transactions that brought nearly $1 billion to city coffers, created more than 5,000 jobs and initiated several billion dollars in economic activity. Davis is now the president of Peebles Capital Partners and chief investment officer of the Peebles Corp., a $6-billion national real estate firm. He also serves as an adjunct professor at New York University. His published works have appeared in Harvard Business Review, among many others. Davis earned a BA degree with honors from Georgetown University, an MS from England's Oxford University (where he was a Rhodes Scholarship national finalist) and an MBA from Harvard University's business school.

 

ERIN DiPAOLA, 37
Senior Vice President
Fifield Cos.
Chicago

As the youngest senior vice president of acquisitions, finance and asset management for Chicago-based Fifield Cos., Erin DiPaola is a dominant force in the apartment acquisitions, asset management and financing arenas. During her career, she has directed the acquisition, disposition and financing of more than $1.3 billion in commercial properties. DiPaola has focused on analytics to quantify the value of floor plan design to maximize rent, leasing velocity and tenant retention, and developed a mathematical demographic tracking system to layer over floor plans which has influenced floor plan design for all Fifield projects. She plans to add new projects to the pipeline in neighborhoods to improve rental options for Chicago residents in River North. DiPaola is also working with the organization behind the proposed "Cap the Kennedy" project, a 15-acre cap over the Kennedy Expressway in Chicago that would be occupied by parks, restaurants and developable space, creating a more functional connection between the West Loop and the Loop's central business district.

 

DJ EFFLER, 38
Senior Vice President
Bellwether Enterprise
Dublin, OH

DJ Effler says success has a lot to do with people you are lucky enough to have in your life. This says a lot for someone who has been promoted three times in four years. In 2005, he became Nationwide's youngest territory manager and by 2006, he was Nationwide's top originating loan officer. He then joined RockBridge Capital, where he was VP of the investment group that placed over $100 million in subordinate debt and equity investments in hotels on behalf of RockBridge Capital Fund IV. Effler is now a partner with Bellwether Enterprise, where he is a consistent top producer with more than $500 million in originations since joining the firm. In 2014, he was awarded Bellwether's Platinum Award for attaining the highest level of production in the company.

 

GEORGE C. FATHEREE, 39
Counsel
Skadden, Arps, Slate, Meagher & Flom
Los Angeles 

George Fatheree regularly ranks among the top attorneys in the Los Angeles office in terms of annual pro bono hours. He represents charter schools in leasing and facilities development transactions, advising school districts on education reform issues, as well as representing students with special needs to gain access to education. Fatheree has worked on securing reparations for survivors of the Holocaust and has also represented the American Jewish University in financings and land sale transactions. He is also a disability rights advocate. He volunteers on a real estate advisory committee for KIPP LA, a nonprofit organization serving low-income students. Counsel in Skadden's Los Angeles real estate group, Fatheree is a cum laude graduate of Harvard University and Loyola Law School, where has served as an adjunct professor of real estate law since 2008.

 

DAVID FERSZT, 36
SVP, Property Operations
Village Green
Farmington Hills, MI

David Ferszt is the youngest person in Village Green's 96-year history to become assistant vice president, vice president and now senior vice president. As regional vice president, he managed operations of a 10,000-unit apartment portfolio with a value in excess of $700 million and an increase in net operating income of 8% during the 2013-14 period. Ferszt encourages his team to partner with property owners, looking for opportunities to grow income, reduce expenses and enhance net operating income. He was promoted to senior vice president of property operations this year and he manages operations at all of Village Green's 140 apartment communities which consists of 40,000 units valued in excess of $4.5 billion. He has also been instrumental in the University of Village Green's manager in training program, in which he has mentored more than 35 successful property managers.

 

MATT FIELD, 35
Investment Manager
Granite Properties
Plano, TX

Field's peers describe him as going beyond the call without an ounce of hesitation, able to stay the course through intense situations and create a solution that best fits all parties. He helps lead portfolio management at Granite Properties, including the oversight of the firm's 9.8-million-square-foot, 40-property portfolio. Since joining Granite, Field has played a key role in more than $1 billion of transaction volume and the company's expanision into Southern California, Dallas and Houston. Granite CIO Bill Brown says, "Matt has the rare balance of having very high level of analytical and technical skills balanced with an ability to keep things simple. He knows how to insert a very pragmatic and human approach to complex problems. These traits enable him to quickly assess a business situation and have the people skills necessary to communicate a solution."

 

PATRICK FITZGERALD, 38
SVP, Commercial Real Estate
BankUnited
Orlando

Most of Fitzgerald's customers are repeat borrowers and he is considered to be a trusted adviser to his clients. He has originated more than $1 billion of loans across all major property types. Fitzgerald is particularly proud of his involvement in financing affordable multifamily properties, specifically, three BankUnited loans for assets comprised of more than 400 new or newly renovated apartment homes reserved for low-income residents. As an SVP for one of the largest banks based in Florida, Fitzgerald has been instrumental in the growth of BankUnited's Orlando market by creating successful strategies in the CRE lending arena which have resulted in loan closings exceeding $550 million. He is a CCIM and completed the three-year ABA Stonier Graduate School of Banking program at University of Pennsylvania. He is also a benefactor donor of the Dr. Phillip's Center for the Performing Arts in Orlando.

 

ZACH FOX, 30
Assistant Vice President
Urstadt Biddle Properties
Greenwich, NY

Summers spent as an intern at Newmark are where Fox's father instilled in him an old- school work ethos rooted in canvassing. The speed of his ascent distinguishes Fox from his acquisition counterparts at other publicly traded REITs. Since joining Urstadt Biddle, Fox has completed approximately $310 million of acquisitions in the New York Metro area, exceeding one million square feet. Most notably, in 2014, he led the negotiating team on the company's largest acquisition to date, a four-property, 375,000-square-foot, Northern New Jersey retail portfolio, along with an equally impressive and extensive list of 2013 acquisitions. Also in 2013, he obtained a master of science in real estate finance and investing at New York University's Schack Institute of Real Estate.

 

TYSON FRASER, 37
Vice President
Brixmor Property Group
Northbrook, IL

Fraser oversees the leasing of nearly 10 million square feet of community and neighborhood shopping centers in markets across six states on behalf of Brixmor. A significant transaction Fraser managed was the anchor repositioning of a retail center in Ellisville, MO, a western suburb of St. Louis. Fraser's team repurposed 86,000 square feet of space that had previously been occupied by Kmart to make room for three retailers: Sports Authority, Michael's and Party City. This project brought jobs to the community, increased rent more than 60% from the prior tenant and is expected to stimulate additional small shop leasing. Fraser has been recognized for his leadership and achievements; most recently in his first year as VP of leasing, his region was named leasing region of the year. A former Division I hockey player at the University of Notre Dame, Fraser coaches his son's hockey team.

 

MICHAEL GORDON, 36
Principal
Harrison Street Real Estate Capital LLC
Chicago

Since Harrison Street Real Estate Capital's inception in 2005, when Gordon was an associate in the acquisitions group, he has sourced, closed or contracted transactions valued at more than $2 billion. He is a principal/co-head of transactions, overseeing HSRE's transactions group and serving on its leadership committee. Gordon also manages the firm's new investments and focuses on the sourcing, securing and management of Harrison Street's relationships with operators and developers within each of the firm's areas of specialty real estate. Prior to joining HSRE, Gordon worked within the transactions group of Prudential Real Estate Investors, where he worked on acquisitions and joint venture development opportunities for the real estate investment management/private equity group.

 

RYAN HALL, 34
Asset Manager
TruAmerica Multifamily
Los Angeles

As one of seven asset managers at TruAmerica Multifamily, Hall is responsible for 17 properties with an asset value of approximately $1 billion. TruAmerica entrusted him with the firm's largest acquisition to date, a $482-million, 14-property Southern California multifamily portfolio totaling approximately 2,700 units. Since the acquisition, Hall has exceeded underwriting expectations, significantly reducing delinquencies and increasing rent growth across the entire portfolio, and strategically delivering solid numbers quarter over quarter. Hall is currently working with Chrysalis Los Angeles, a TruAmerica-sponsored charity, which is a nonprofit organization dedicated to creating a pathway to self-sufficiency for homeless and low-income individuals. He was previously named one of the "Stars to Watch" and among the "Next Generation: Tomorrow's Newsmakers" by Real Estate Forum.

  

 

BLAKE HASTINGS, 36
Managing Director
CBRE Group Inc.
Minneapolis

As one of CBRE's youngest managing directors, Hastings has exhibited superior leadership qualities early in his career. During his 10 years as a brokerage professional, he completed transactions with an aggregate value of $800 million, leasing more than six million square feet and arranging the sales of more than two million square feet and 250 acres of land. Hastings has helped CBRE grow its Minnesota business since taking over management in January 2013. He serves on the board of the American Heart Association Heartwalk and is heavily involved in the ALS Foundation and numerous community endeavors championed by CBRE's Minneapolis office. He is also a board member of the Downtown Minneapolis Council, chairing the office development subcommittee, and several other industry organizations.

 

MICHAEL HAWRYLUK, 38
Managing Principal
iCORE Global Chicago
Schaumburg, IL

After spending approximately 11 years at one of the world's largest and most well-known commercial real estate firms, where he was Rookie of the Year and top 10 industrial producer for numerous years, Hawryluk was recruited to open and manage the Chicago and Midwest operations of iCORE Global, a global commercial real estate firm with 156 offices covering 371 markets within 64 countries. As the youngest founding principal of iCORE Global, Hawryluk has more than doubled the firm's client accounts during the past 18 months for the Chicago office. His goal is to surpass the size and revenue of all national offices of iCORE Global while increasing hiring by a minimum of 200% in the near term to grow Chicago operations.

 

RYAN HOLTZMAN, 33
Leasing Director
Taylor & Mathis
Coral Gables, FL

Year after year, Holtzman continues to be one of the top CRE producers in the Miami market. The majority of top producers in his field are in their 40s, 50s and 60s, and Holtzman negotiates toe-to-toe with the best of the best. He joined Taylor & Mathis shortly out of college and is in his ninth year as director of leasing, specializing in landlord representation on more than four million square feet of office space. In 2014 alone, Holtzman and his team completed 572,074 square feet of noteworthy office leasing deals. His goal is to grow Taylor & Mathis' current portfolio of 12 million square feet to 20 million within the next five years. Holtzman is co-chair of Baptist Children's Hospital's Heroes golf tournament and co-chair of the South Miami Hospital Kidz Medical Services Mercury Ball benefiting the South Miami Hospital Neonatal Intensive Care Unit. A previous event raised more than $350,000 in one night.

 

JOSEPH HOWELL, 38
EVP & Managing Director
NAI Global
Castle Pines, CO

Howell co-heads NAI Global's corporate solutions group in North America, working directly with corporate America and with NAI Global members to manage corporate real estate portfolios for clients. He has been involved in developing approximately five million square feet of build-to-suit projects and leases for Fortune 500 retailers during the past five years with more than $550 million in aggregate deal volume. Howell and his counterpart, Brett Spitzer, have helped to transform NAI Global's corporate solutions group into a multi-million-dollar new line of business. Since taking over leadership of the group, deal value has increased by 50% in the past 24 months and revenues have grown by 25% annually. For the past five years, Howell has been named an NAI Global Silver Elite producer, which is part of an NAI annual incentives and recognition program.

 

NICHOLAS ITO, 33
Director
MetLife Real Estate Investors
Los Angeles

Ito recently was promoted to director of mortgage originations in the Los Angeles regional office of MetLife, where he is responsible for the performance of the $5-billion Los Angeles office debt portfolio. His depth of relationship building is evidenced by his recognizable borrower-client roster and track record of repeat business. As the leader of a team of producers and analysts, his group is tasked to efficiently screen, analyze and present attractive real estate opportunities to the investment committee. Ito was a top producer for MetLife in 2012, 2013 and 2014, and has produced more than $1.8 billion in new mortgages during the past three years for an array of major industry names. Ito is active with USC Dollinger Masters of Real Estate Development program and the MetLife Investments mentorship program.

 

STEVE KASSIN, 30
Managing Partner
Infinity Group
New York City

Kassin is the founder and managing partner of Infinity Real Estate, which he started when he was 20 years old. Kassin developed his first ground-up building in Manhattan at the age of 22, when Infinity broke ground on the 22-story, $90-million development of the Fashion 26 Hotel, now the Hilton Fashion District. Kassin has amassed more than 2.5 million square feet in less than 10 years and led or joint ventured in the acquisition or development of more than $1.25 billion in direct investment transactions. Under Kassin's leadership, Infinity successfully closed on the $450-million acquisition of the revolutionary Times Square Gateway Center in 2012, to later divest its interest at a confounding valuation of $1.2 billion. Infinity participates in "1% for the Planet," pledging 1% of Infinity's global revenues to environmental preservation and nonprofit social causes. "It's more about people than buildings. Tenants, lenders, investors, attorneys, consumers; buildings wouldn't exist without each of them."

 

MIKAEL LEVEY, 36
Managing Director/Owner
JEM Holdings
New York City

Since launching JEM Holdings in 2012, Levey has acquired almost 3,000 apartment units in six states and grown the company to 50 employees. On behalf of JEM Holdings and its investors, he's closed more than $100 million in multifamily acquisitions in 2014 and is on pace to exceed that volume in 2015. He would like to grow JEM's portfolio to 10,000 units within the next three years. In the long term, Levey wants to create a lasting real estate business that provides quality homes to low-income and working-class families while providing his investors with superior risk-adjusted returns. Prior to forming JEM, he worked for Silverstein Properties, where he was asset manager for 7 World Trade Center. Levey is an active member of NYPEN and  the Columbia Master in Real Estate Development Mentorship program.

 

JENNIFER LITWAK, 31
Executive Director
Housing On Merit
San Diego

At the helm of Housing on Merit, Litwak developed more than 1,100 units of affordable housing in California and provided services to more than 3,000 residents. In addition, HOM is repurposing shipping containers into an affordable housing project. Litwak was a driving force behind the renovation of what is now the San Ysidro affordable housing property, which won an energy efficiency and sustainability award from the San Diego Housing Federation. She was appointed by Mayor Faulconer to the Consolidated Plan Advisory Board, is a board member of the National Housing Conference's Young Leaders in Affordable Housing, former co-chair of Hunger Advocacy Network and is currently serving a two-year appointment to the Center for Human Rights. A trained lawyer, Litwak performs pro bono representation to clients who need special immigrant juvenile status. She is also the social services co-chair for the Women's Resource Fair and is on the board of the Anti-Defamation League.

 

TERRENCE MAIDEN, 37
Executive Vice President
Corinth Properties
Dallas

Maiden is focused on urban, inner-city revitalization, believing that real estate is a tool that can transform communities in a positive way. His nonprofit, Two-Wins Foundation, invests more than $100,000 in capital or in-kind donations to impact the lives of inner-city communities in Dallas, through education and economic development. As EVP of development at Corinth, he has participated in the development of more than three million square feet of retail. Maiden is the recipient of numerous business awards, including minority business leader of the year, finalist for One Man Dallas, Mayor Star Council, Dallas CEO Power Broker by D Magazine, Real Estate Forum's Tomorrow's Leader Texas, the Thomas L. Houston Community Service Award and many more, along with serving on many civic and professional organization boards.

 

MAC McCALL, 36
Regional Managing Partner
Franklin Street
Atlanta

Since McCall opened the Franklin Street office in Atlanta, the team there has grown from three employees to more than 25, and its revenue has grown by more than 700% from 2009 to 2014. McCall also runs Franklin Street's retail investment sales team and sells shopping centers and single-tenant, net-leased properties across the Southeast. Since entering the industry in 2002, he has been involved in approximately 500 transactions, totaling more than $1.5 billion in volume. Before joining Franklin Street, McCall was a Top 20 producer three consecutive years for Marcus & Millichap's National Retail Group, and the top-producing broker in the firm's Atlanta office three out of four years. He frequently gives time to the Pediatric Cancer Foundation, Habitat for Humanity and Camp Twin Lakes.

 

BRYAN McDONNELL, 37
Principal
Prudential Mortgage Capital Co.
London

Based in London, Bryan McDonnell heads PMCC's European lending efforts. He joined Prudential in 2006 after receiving a master's in business administration with a focus in real estate and finance from the Kellogg School of Management at Northwestern University. McDonnell has held a variety of positions within the firm. Most recently, he oversaw Prudential's significant growth in loan production throughout the greater Washington, DC market. Under his leadership, the Mid-Atlantic region tripled annual production from prior years, and he helped grow the Washington, DC portfolio to $4.6 billion. His success in the Mid-Atlantic region was a key factor in his appointment to London, where he's tasked with growing the European operations into a significant component of the firm's production.  

  

  

MOLLY McSHANE, 38
Chief Investment Officer
Conor Commercial Real Estate
Rosemont, IL

While working full time as a project engineer at Conor Commercial's parent company, McShane Construction, Molly McShane attended night classes to pursue a master's degree in finance and real estate management from the Kellogg School of Management at Northwestern University. This led to an analyst position, followed by a promotion to development manager in 2008, senior development manager in 2009 and, most recently, to chief investment officer and member of Conor Commercial's advisory board. In addition, McShane was appointed as a representative on the Choose DuPage board of directors, a group focused on economic development. She's on Marquette University's commercial real estate advisory board and is a committed advocate and volunteer for Concern Worldwide US Inc., an organization dedicated to the elimination of poverty in the most dire countries. She is a three-time co-chair of the annual Thanks-for-Giving Gala, and volunteers for the Greater Chicago Food Depository and the Hines Fisher House.

 

JONATHAN MORGAN, 30
Managing Director and President
Morgan Properties
King of Prussia, PA

As managing director of Morgan Properties, Morgan oversees capital markets and acquisitions. As president of Morgan Properties JV Management, he handles the day-to-day management and operations of the company's portfolio, which is owned and operated in JV partnerships. One of the most active and fastest-growing multifamily investors in the Mid-Atlantic and Northeast, Morgan Properties JV has racked up more than $1 billion and 10,000 units in total acquisitions over the past three years and $2 billion of refinancing on Morgan Properties' core portfolio. A leading member of the firm's executive and investment committees, Morgan is on the NMHC board of directors and the executive board of the Pennsylvania Apartment Association. 

 

JAMES NELSON, 40
Vice Chairman
Cushman & Wakefield (formerly Massey Knakal Realty Services)
New York City

Nelson takes on every task he can in order to benefit his client, company and the industry as a whole. He is the vice president and soon-to-be president of  the commercial board of directors for the Real Estate Board of New York, where he has led initiatives in order to expand REBNY's presence in the outer boroughs. In his day job at Cushman & Wakefield, he is responsible for a team of eight associates who specialize in investment sales in the Greenwich Village, NoHo and East Village markets. He started his career with Massey Knakal in 1998 and became partner in 2004. Nelson is also a member of the National Realty Club, New York University; Young Real Estate Professionals of New York; co-founder, Colgate Real Estate Council; YMBA; and founder, Real Estate Services Alliance. He's also on the honorary board of Catalog for Giving, a New York City nonprofit that provides funding to help at-risk youth.

 

RYAN O'LEARY, 39
SVP, Chicago Operations
Duke Realty
Rosemont, IL

O'Leary's development acumen has allowed him to deliver on clients' expectations and grow Duke Realty's portfolio. He has completed in excess of 2.7 million square feet of new industrial development at a value of more than $140 million. Prior to being promoted a little more than a year ago, O'Leary was VP of leasing for 11 years and one of the company's leading producers. He is a nine-time member of Duke Realty's Masters Club (top 15% of company's leasing professionals); received the third-party construction deal of the year in 2011, 2013 and 2014, along with the industrial deal of the year in 2011 and 2013. He is the founder of Dealmakers Take Heart, a golf outing to support Children's Heart Foundation and Mend-a-Heart, two charitable organizations dedicated to improving the lives of children born with congenital heart defects. The outing has raised more than $160,000 for these organizations in its first two years.

 

JASON OBERMAN, 31
Founder and Managing Partner
Blox Ventures
San Francisco         

Oberman believes in creating great neighborhoods, minimizing impacts on the environment by investing in dense urban environments and creating places that promote healthy living. He is the founder of Blox Ventures, a development company specializing in tech markets. His projects have landed some big names: Google, Apple, Amazon, Macys.com, Riverbed Technology and Synopsys. In one deal, Oberman acquired 100 Mayfield Rd. in Mountain View, CA for $90 million. The property was originally built in 1966 as the Mayfield Mall, Northern California's first indoor shopping center. After it closed in the 1980s, Hewlett Packard converted it into its corporate campus, but eventually left it vacant for almost 10 years. Oberman's repositioning vision, with post-industrial design aspects, is now a LEED Platinum-certified property.

 

KRISTIN PAUL, 40
Vice President
Prudential Real Estate Investors
San Francisco

Kristin Paul takes intelligent risks with a bias for action. She pursues goals with the interests of the client and organization at the heart of every decision. Paul is currently a vice president at Prudential Real Estate Investors and an asset manager for PREI's flagship core equity real estate fund. She oversees the fund's West Coast asset management team which manages $4 billion in office, retail and industrial product. Her major accomplishments since joining PREI include the execution of 5.4 million square feet of leasing, 10 dispositions totaling $539 million, 13 refi/loans totaling $680 million, eight LEED Gold certifications, two ground-up apartment development transactions, partnership withdrawals on non-performing assets, and closing of $1.9 billion for 26 new acquisitions. Paul is president-elect for the San Francisco CREW Chapter for next year. She has been a CREW member for more than 10 years.

 

NATE PAUL, 28
Founder and CEO
World Class Capital Group
Austin

At the age of only 28, Paul has built one of the nation's leading private real estate investment firms with current holdings of more than 8 million square feet in 16 states valued at approximately $1 billion. In addition to World Class Capital Group's real estate investment platform, Paul also founded Great Value Storage, one of the largest privately held self-storage operators in the country. During the past year alone, Paul has been responsible for an impressive list of transactions. He was named an Emerging Leader in real estate by Real Estate Forum and named one of "14 to Watch in 2014″ by Austin Business Journal. Last year's success also included best urban office deal as well as finalist for the best office deal. Paul is a supporter of the Austin Children's Center, Habitat for Humanity, Boy Scouts of America, Grammy Foundation, Pratham USA, Austin Police Department, Meals on Wheels and Austin Speech Labs.

 

MAXWELL PEEK, 34
Senior Vice President
Waterton Associates
Chicago

Peek says those forward-looking agile firms that can adapt to changing demographic trends will outperform others with a less proactive approach. At Waterton, Peek has been asked to serve on the company's management committee and is involved in the firm's strategic planning, new business development and fundraising efforts. As a senior member of the acquisition team, Peek leads a group acquiring multi-family properties on the East Coast and leads the company's Innovation Initiative, a program to encourage innovative concepts within the real estate industry. As part of the innovation effort, Peek serves on the board of directors and is a mentor for Elmspring, a Chicago-based real estate technology accelerator. Peek has been proactive in taking leadership roles such as serving as NMHC's vice chairman of the tax committee. In 2012, he co-founded NMHC's emerging leaders committee and currently serves as vice chairman of that group.

 

GREG REED, 33
Senior Vice President
Capital One Multifamily Finance
Newport Beach, CA

Reed helped build the office from two people to 12 in the four years that he has been with Capital One. He is co-head of origination and management of Capital One Multifamily's Newport Beach, CA office. While overseeing a platform of nearly $700 million in annual originations, Reed manages office operations. During the past decade, Reed has originated more than $4 billion in multifamily loans, beginning with more than $300 million in volume in his first year as an originator at age 24 and more than $500 million in volume in 2014. Reed is a key donor for Food on Foot, where he regularly participates in providing food, clothing and assistance as part of the organization's weekly Sunday activities. His passion for the cause stems from the organization's desire to go beyond providing nourishment by also helping individuals succeed in securing employment and a full life after homelessness.

 

PATRICK SCHLEHUBER, 38
Director, Acquisitions
Rexford Industrial
Los Angeles 

Real estate is Schlehuber's passion and he loves learning what makes tenants tick, diving in to help industrial tenants with creative real estate solutions. Schlehuber is directly responsible for purchasing more Southern California industrial in-fill real estate than any other person or company. This has grown Rexford from a small private equity real estate investor to a publicly traded REIT worth more than $1 billion. Since joining Rexford Industrial in 2009, he has led the acquisitions team through 83 property acquisitions totaling nearly $856 million and adding 7.75 million square feet to Rexford's portfolio. Schlehuber has been a regular speaker at UCLA Anderson School of Management and is also a Chartered Financial Analyst (CFA) and CPA. His goal is to make Rexford the largest owner of Southern California industrial in-fill real estate, a feat to which he is handsomely contributing.

 

ARIEL SCHUSTER, 37
Vice Chairman
RKF
New York City

A family friend gave Schuster an invitation to the ICSC convention in 1999 as a college graduation gift. The deal making and networking sparked his interest in real estate and he joined RKF. Schuster is considered one of the most active retail leasing specialists in the New York metro area and has become the industry's go-to-guy for national retail. In the past year alone, he has leased space valued at more than $270 million. He has arranged leases for more than 4.5 million square feet of retail space during the course of his career, valued at approximately $3.8 billion. Schuster is responsible for completing one of the largest deals in RKF history with his representation of the Gap in two retail leases for the Gap and Old Navy's side-by-side flagships in Times Square. He was awarded REBNY's Deal of the Year in 2010 for arranging the largest supermarket deal, Fairway Market at 240 East 86th St.

  

 

S. DAVID SELZNICK, 38
Chief Investment Officer
Kayne Anderson Real Estate Advisors
Boca Raton, FL

While Selznick has proven himself as both a dealmaker and real estate investor, what truly differentiates him from his peers is his approach to business, in which he prioritizes people and relationships over transactions. KAREA has proven to investors that it has tremendous deal-sourcing capabilities with off-market opportunities, as evidenced by its recent fundraise of more than $1 billion in just eight months. At KAREA, Selznick has executed approximately $3 billion in acquisitions and $1 billion in development of student housing, medical office, multifamily and senior housing projects. At the end of December 2014, Selznick executed an unprecedented single-sponsor financing with Freddie Mac backed primarily by student housing to the tune of $816 million. He mentors a team of 40-plus professionals and contributes generously to several organizations including Doctors Without Borders and the Achievement Centers of Delray Beach.

 

LARRY SEROTA, 33
Executive Vice President
Transwestern
Chicago

Serota's enthusiasm for his job is, quite simply, contagious. This year, Transwestern promoted Serota, who is LEED AP certified, to executive vice president and to its board of directors, making him the youngest professional ever to achieve those titles. Serota brings a meaningful millennial voice, which ties into his work as chair of Transwestern's emerging leaders council and nonprofit advisory group. One of Serota's most notable career achievements is a recent project—Literacenter. Serota forged a different way for nonprofits to work, providing the country's first shared workspace for organizations dedicated to literacy. Another example of marrying Serota's passion for civic responsibility and business has been his multi-location work with City Year, an education-focused, nonprofit organization that partners with public schools and teachers to help keep students in school and on track to succeed. Serota advises City Year on its national portfolio. Serota serves as chairman and co-founder of the Chicago Children's Museum Metropolitan Board.

 

SARA SHANK, 40
Managing Director
Beacon Capital Partners
Boston          

It may be more expedient to list what Sara Shank hasn't done in her career. Not only promoted from associate to managing director in less than 10 years, she was made head of portfolio management at age 38 for a company with more than 30 million square feet in the US and Europe. Shank has managed more than $10 billion in real estate acquisitions, including $4.7 billion for Equity Office Properties. She managed dispositions of assets and fund portfolios totaling more than $7 billion, including the sale of Beacon Capital Partners Fund II's multiple properties to Broadway Partners and was the first portfolio manager for Beacon Capital Partners. At Beacon, Shank created the reforecasting process and is chair of the portfolio committee, responsible for asset and fund-level projections and reforecasts, acquisition due diligence and hold/sell analyses. She is also a voting member of the investment committee and founder/chair of the credit committee.

 

ALON SHNITZER, 35
Senior Managing Partner
ABI Multifamily
Phoenix

Given his current age, Shnitzer has accomplished more than some of his counterparts who have been in the business much longer. In 2007, Shnitzer helped Bascom with its multifamily portfolio, which ended up accounting for the largest multifamily transaction in Phoenix's history, of which more than $104 million was his direct responsibility. After he began his career with and spent 10 years at Marcus & Millichap earning numerous awards, he joined a regional firm, Orion, where he became senior vice president. Almost exactly two years ago, Shnitzer and his two partners started ABI Multifamily. As senior managing partner at ABI Multifamily, he is one of its three corporation owners. As of August 2015, Shnitzer has transacted more than $1 billion in multifamily projects, representing 18,071 total apartment units.

 

BRITTEN SHUFORD, 39
Co-Founder and President
PRG Investment & Management Inc.
Los Angeles

Shuford has a strong belief that our business is a vital cog in creating jobs and improving communities, and that strong, enduring relationships are built by breaking bread, not by email and social media. Shuford was the youngest member admitted to SIOR's Los Angeles Chapter at age 26. He began co-leading the Pacifica Capital Group in 2005 at age 30 and became acting managing partner of Colony Palms Hotel, a Conde Nast luxury boutique hotel in Palm Springs, CA, when he was 32. In 2006, he co-founded Wayans-Pacifica Urban Investment Partnership with Keenen Ivory Wayans and went on to co-found Brennan Investment Group in 2009 at age 33. He is currently the co-founder and president of PRG Investment and Management along with PRG Hospitality. Shuford is responsible for a $180-million real estate portfolio, which includes hotels, industrial, business parks and retail. He is also on the board of directors for the Steven Ohren Foundation.

 

DANIEL STANCO, 37
Partner
Ropes & Gray LLP
New York City

Named a partner in 2014, Stanco advises firms such as Blackstone, Commonwealth REIT, PIMCO and TPG. He focuses on private equity and capital markets transactions, joint ventures, investments and finance for all asset classes throughout the US and Europe. In 2012, Stanco was lead pro bono counsel to PAVE Academy Charter School in Brooklyn assisting in its $40-million elementary school facility. Prior to the school's completion, PAVE was co-located at P.S. 15 when Hurricane Sandy hit, resulting in the closure of P.S. 15 and the displacement of the students. Stanco worked with the NYC Housing Authority to secure a lease for a temporary facility in less than 24 hours so the students could continue attending school during a time when large portions of the city were without power. Stanco also serves as counsel and member of FEED's board of directors, which provides more than 85 million meals to children around the world.

 

HAL STEIN, 40
EVP and Managing Director
Newmark Grubb Knight Frank
New York City

Stein quickly recognized that a strong work ethic and an outgoing personality coupled with a "thick skin" were many of the traits he possessed that would ultimately lead to success. He was right. Since Stein was tasked with launching Newmark Grubb Knight Frank's Lower Manhattan office at the age of 33, NGKF has completed nearly a third of all deals larger than 40,000 square feet in the area. Stein has played a significant role in reshaping Downtown and revitalizing its reputation as a vibrant, global tenant destination. As executive vice president and managing director of NGKF, Stein has represented a wide range of tenants and owners including Brookfield Office Properties, Goldman Sachs and Northwood. One of Stein's most notable tenant representation transactions includes representing Morgan Stanley in the lease of 1.1 million square feet at One New York Plaza, for which he and his team received the REBNY Ingenious Deal of the Year recognition in 2012.

 

RYAN STOLLER, 34
Principal
Venture One Real Estate
Rosemont, IL

Stoller says his generation is uniquely positioned to navigate the industry through the next downturn, and his accomplishments back up that statement. In the past eight years, he helped build KTR Capital Partners, a New York City-based, multi-billion-dollar private equity fund, into one of the most successful real estate firms in the country. Stoller initially joined KTR as an analyst in 2007 and, by age 29, he was promoted to senior vice president with responsibility for a series of funds totaling $2.5 billion of equity. Stoller was an integral principal of the KTR funds that led to the sale of KTR to Prologis for $5.9 billion this past spring. With that sale, he begins a new venture this fall. He joins Venture One Real Estate as a principal, identifying and executing opportunities in the Chicago region and in new markets with its current $150-million investment fund.

 

CARLOS VAZ, 38
Co-Founder and CEO
Conti Organization
Addison, TX

One of nine children born in Brazil to illiterate parents, Vaz arrived in Dallas in 2007 just prior to the economic downturn with no local contacts and $300 in his pocket, a non-paid internship at a Boston law firm and a fierce determination to do his best. This determination, coupled with a desire to learn, brought Vaz from working three to four jobs to now owning and operating a real estate portfolio of more than $300 million. Vaz's passion yielded a portfolio of more than 1,400 units in his first year in the multifamily business alone. In 2013 and 2014, CONTI Organization was a recipient of the Dallas 100 Award. In addition, CONTI made the Inc. 5000 list of the fastest-growing privately held companies for 2014 and 2015. In 2015, Vaz was an Ernst & Young Entrepreneur of the Year Finalist.

 

OBIE WALLI, 38
Chief Executive Officer
Coldwell Banker Commercial Alliance
New York City

Walli believes the next generation of leaders who specialize in a property sector, region or type of business have a greater chance to succeed. He started CBC Alliance on the philosophy that the small to mid-size business market was a target niche, and an underserved market deserving of the same quality service and attention from brokers as the largest corporations receive. Walli is building a national organization of local offices that share in this vision, as well as a full-service capital markets division. In just three years, CBC Alliance has also already become one of the top three largest franchises in the global Coldwell Banker Commercial organization as well as the only one with a major market presence. Under his guidance, CBC Alliance it has grown impressively, with more than $1.5 billion in transaction volume and more than 170 professionals in the organization.

 

JOHN WILKINSON, 38
President
Boundary Cos.
Chevy Chase, MD

Wilkinson says there will be increasing demand for work-life integration, collaborative work-culture and companies where people can make a difference. In January 2014, Wilkinson left his SVP position at the JBG Cos. to form Boundary Cos. He is one of the first real estate entrepreneurs who started a mission-driven investment company, and his firm's mission statement is "Pushing Boundaries to Maximize Potential." Whether it's in the form of investing in emerging submarkets, choosing cutting-edge architects or creating a unique retail concept, Wilkinson believes that pushing boundaries develops potential and helps achieve self actualization. In just 18 months, he has amassed a portfolio exceeding $450 million of more than one million square feet of office, retail, self-storage and industrial assets as well as market rate and affordable housing. In his off time, Wilkinson serves as the coach for the GNATS, a softball team in Washington, DC and is a class parent for his four-year-old daughter's class.

 

NOT FOR REPRINT

© 2025 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

Lisa Brown

Lisa Brown is an editor for the south and west regions of GlobeSt.com. She has 25-plus years of real estate experience, with a regional PR role at Grubb & Ellis and a national communications position at MMI. Brown also spent 10 years as executive director at NAIOP San Francisco Bay Area chapter, where she led the organization to achieving its first national award honors and recognition on Capitol Hill. She has written extensively on commercial real estate topics and edited numerous pieces on the subject.