Prior to founding Spruce and S3 Capital, Robert helped run a successful family business where he established and grew the family's real estate investment program. (212) 210-0100, Ex-ABC News anchor Amy Robach and actor Andrew Shue offload West Village co-op, Stonehenge chairman sells for a big profit at Vornados 220 Central Park South, Sanctioned Russian oligarch's UES condos put straw-buying in the spotlight, Audit bill for 421-a apartment buildings pushes forward inSenate, Landlords plan another appeal tochallenge rent-stabilization laws, Fed says overvalued commercial real estate poses risk tofinancial system, Office-to-condo conversion project 1 Wall St. to welcome residents next month, MaryAnne Gilmartin opens first MAG Partners project in Chelsea. Robert Michael Schwartz, 52. The decision is a blow to the building owner, residential investmentfirm Spruce Capital Partners, which has been accused of illegally overcharging the residents of 1209 Dekalb Ave. in Bushwick at their rent-regulated apartments. Spruce Properties owns multifamily rental units throughout the United States with a focus on acquiring assets with consistent cash-flows in markets with strong economic trends. Robert Schwartz. Menu. The complex is located less than 30 minutes from the center of Indianapolis, which has seen strong growth in the distribution, tech, manufacturing, and healthcare sectors over the last several years. Staying current is easy with Crain's news delivered straight to your inbox, free of charge. Given that the building contains 127 units, its possible that more than 400 tenants can join the lawsuit, Ferrara said. As part of this role, he helped start and oversaw S3 Capitals large balance loan portfolio, which grew to $1B of AUM within 2 years of inception. The results of the case wont dictate what happens in the others, Ferrara said, but he expects other judges to reach similar conclusions, especially in the middle of a public health crisis. Robert Schwartz, author of Your Soul's Plan, offers between lives soul regression workshops and hypnosis sessions. Mr. Schwartz noted that luck can oftentimes make or break every aspiring businessman. The Crime Scene. If the court finds for them, they can recover millions in total rent refunds, Ferrara said. He graduated from the Wharton School at the University of Pennsylvania. He represents both underwriters and issuers in a variety of capital-raising transactions, including: public offerings, private placements, and mutual-to-stock conversions of thrift institutions. Prior to founding Spruce and S3 Capital, Robert helped run a successful family business where he established and grew the family's real estate investment program. CEO & Founder Eli Bronfman Managing Partner & Founder Neal Schore Chairman Russ Condas Senior Vice President Development Tyler Conger Chief Financial Officer Hanna Jamar General Counsel tHOM AMDUR Senior Vice President Policy & Impact Brandon Sand Senior Vice President Construction Matt Glatting Vice President Planning & Strategy STACY KAPLOwitz It is 1.5 miles north of Walmart Super-center and is withing a ten-minute drive to the University of South Alabama,Spring Hill College, Amazon, Downtown Mobile and Mobile Regional Airport. Real estate fund focused on opportunistic investment strategy Spruce Capital Partners | Tracxn JavaScript is disabled in your browser. The best result we found for your search is Robert M Schwartz age 60s in Philadelphia, PA in the Avenue Of The Arts South neighborhood. Robert Schwartz is co-founder and principal of Spruce and S3 Capital, and leads acquisitions, financing and day-to-day management for the firm. Found 19 colleagues at RCM Asset Management. Midwood Capital Partners, LLC is an investment and consulting firm that provides a wide array of services catering to commercial real estate owners, banks, and alternative lenders. Joshua Crane is co-founder and principal of Spruce and S3 Capital and is responsible for sourcing and executing on all aspects of the business. Robert Schwartz is co-founder and principal of Spruce and S3 Capital, and leads acquisitions, financing and day-to-day management for the firm. Sam graduated with high distinction, earning membership to the Beta Gamma Sigma business honor society. The suit alleges that the developers knew about the defects but hid them. Mr. Okrent has managed . Co-Head of Infrastructure and Natural Resources Jackson Gray joined S3 Capital as an analyst in June of 2022. Ari is a New York State Certified Public Accountant who graduated from Yeshiva University with a Bachelors of Science in Accounting. But despite the projects yearslong struggles with escalating costs, infighting and lawsuits, the developers of the sky-high condo at 111 West 57th Street hope the building will still impress potential buyers. About Spruce Capital Partners Spruce Capital Partners is a privately-held, New York-based real estate investment firm that owns, lends and invests in real estate and real estate-related opportunities. The Property features best-in-class amenities, well-located ground-floor retail, and an adjacent vacant land parcel on which Spruce will develop 10 luxury townhomes for rent. Robert Schwartz. The property is withing walking distance to the Country Club of Mobile,the Springdale Mall, and Pinebrook Shopping Center. Select this result to view Robert P Schwartz's phone number, address, and more. She has her BBA in Finance from Baruch College of CUNY, and Bachelor of Engineering from Ukrainian Academy of Printing. If the redevelopment of the Steinway & Sons piano store in Midtown were a song, it would be a long one, with some dramatic pauses and a bit of dissonance. Class-action status bolsters tenants' overcharge case against Spruce Capital Natalie Sachmechi Share Share Bloomberg A group of Brooklyn tenants who sued their landlord in the fall for. 212-300-8800. Located within close proximity to the LIRR and the Long Island Expressway. Our Contributors . Steven Jemal joined S3 Capital Partners in October 2016 to originate and underwrite loans for the firm. Contact 1 Phone 1. Role: Co-Principal Investigator. During the early stages of his career, Mr. Schwartz began to personally invest in real estate. Mr. Kurman previously served as a Captain in the Israeli Air Force as an F-16 fighter pilot. Dr. Robert Schwartz, MD is an Orthopedic Surgery Specialist in Las Cruces, NM and has over 44 years of experience in the medical field. Robert began his career as an investment banker at Donaldson, Lufkin & Jenrette and UBS, in their Financial Institution Coverage groups. East Boulevard Development Company LLChas nabbed $80 million in construction debt fromS3 Capital Partners to finance the development of a luxury multifamily project in Charlotte, N.C. JLL Capital Markets closed the $56.75 million sale, the 2nd largest multi-family purchase in the history of Iowa, and arranged $45.4 million in acquisition financing for Spruce Properties, the multi-family investment affiliate of Spruce Capital Partners. Your Soul's Love: Living the Love You Planned Before You Were Born. "I truly can't say enough about Rob Schwartz and his skills as a hypnotist and facilitator and the extraordinary soul journey of self-discovery this has brought to me. Fried, Frank, Harris, Shriver & Jacobson LLP, Global Head of Business Development, Personal Banking & Wealth The firm also bought and sold more than one million square feet of NYC office buildings. In this role, he assists with the underwriting of new and existing loans, day to day management of fund operations, and portfolio oversight. He received a B.B.A. Tanya is the Office Manager and Executive Assistant at Spruce & S3 Capital. Robert Schwartz is co-founder and principal of Spruce Capital, a successful real estate investment and development firm which owns S3 Capital. Aidan Birnbaum joined S3 Capital in April of 2021 as an Analyst. 2023 Spruce Capital. Who is S3 Capital S3 Capital Partners was established in 2013 by the Principals of Spruce Capital. To ensure the success of each investment, Spruce employs a team of industry professionals across: S3 Capital originated a $140 million loan towards the construction of two new mixed-use towers in Mott Haven, Bronx consisting of 301 free market units, 129 affordable units, 24 extended stay hotel keys, 5,000 square feet of retail, and 210 parking spots. By: Robert Schwartz. Mark has a Master of Science in Real Estate degree, with a concentration in Strategic Management, from New York University. Contact 2 Name. Prior to founding S3 and Spruce Capital, he was at Irongate, where he developed the Trump International Hotel and Tower at Waikiki Beach Walk. The higher recorded rent is what future rent increases were based on, and so any increases from that price were illegally inflated, the tenants claimed in the lawsuit. Transactions: Over 475 loans since inception, Track Record: In excess of $3.5 billion in loans, Provides real estate bridge and construction financing secured by recorded first liens, Closed over 340 first mortgages totaling >$2 billion, Originate loans up to $15 million with dedicated funds, and loans in excess of $15 million with discretionary special purpose vehicles, Focus: Multi-Family Housing Outside of NYC, Multi-family rental apartments outside of New York City, Characterized by consistent cash flow, 10-year investment horizon, and steady risk-adjusted returns, Properties with stable demographics, attractive cost-basis, and potential for long-term appreciation. All rights reserved 2023 The Real Deal is a registered Trademark of Korangy Publishing Inc. Greystone sells Lantana apartments to real estate mogul for $10M, Hialeah Gardens industrial site trades at $1M/acre, as market softens, Estate linked to Michael Milken goes to market for $64M, New Yorks luxury market remains a contender, Syufy wants to put 500 homes at former sites of domed theaters in San Jose. Prior to his role at S3, Joe worked in public accounting for three years at CBIZ/Marks Paneth. zip: 10075-0405. ari stein Mr. Schwartz began his career as an investment banker at DLJ and UBS. Find company research, competitor information, contact details & financial data for Spruce Capital Partners LLC of New York, NY. Prior to joining S3 Capital, Ari served a Controller for DH Property Holdings overseeing all aspects of their financial reporting, accounting and cash management functions, and a Director in the Alternative Investments Assurance Practice in PricewaterhouseCoopers. He graduated from the University of Michigan in 2020 with a degree in Economics. (Defendants Spruce Capital Partners LLC, S3 Capital LLC, Joshua Crane, Robert Schwartz, Peter Rosenberg, and SWS Holdings LLC assert that the only relevant party is the seller entity, Spruce 116 Waverly LLC.) Furthermore, the 57-year-old was the founding member of the Virginia Biotechnology Association. His office accepts new patients. 1. ABOUT. Mark has worked alongside regional property management companies and large-scale owner/operators, including Greystar, Lincoln, Pinnacle and Camden. Prior to joining Spruce, Edward worked at Thor Equities, a New York based real estate development and investment firm, as a Development Controller, where he was responsible for overseeing the reporting and cost accounting for all development projects. Its a big day for expensive new projects on the Upper East Side. In its demure and quiet way, a new development at 151 East 78th Street looks to be one of the more promising projects in the city, even though its actual construction has not yet begun. He is fluent in English and Hebrew. There are 434 units with landscaped grounds including a swimming pool and playground. Yester Oaks consists of 587 apartment spread over 38 acres. Albert was born on April 19 1868, in Two Rivers, Manitowac, Wisconsin. 1. Not the schizo temperature shis (although, we concede, those werent exactly fun, either) were talking about the lack of available residential real estate. that focuses on the professional achievements of Ramaz parents and school alumni. Length: 7 hrs and 45 mins. Spruce Capital Partners has landed $102 million in Fannie Mae-backed debt from Newmark Knight Frank Multifamily to fund its purchase of a four-building multifamily portfolio in Indianapolis. Connect with 500+ capital providers today, Job Functions: Executive, Acquisitions & Dispositions, Capital Markets, Equity Strategies, Robert Schwartz is co-founder and principal of Spruce and S3 Capital, and leads acquisitions, financing and day-to-day management for the firm. He has a B.A in Business Management & Finance from CUNY Brooklyn College.
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