New York, NY According Centerline Capital Group, a provider of real estate financial and asset management services for affordable and conventional multifamily housing, and a subsidiary of Centerline Holding Company, Robert Levy was promoted to CEO effective immediately.  He will also remain president.  

Levy was previously the president and COO of Centerline and a member of the board of trustees of Centerline's parent company, Centerline Holding Company.  Levy assumed the roles of president, and COO in 2010 while retaining his previous position of CFO.  In 2012 he turned over the CFO role to Michael Larsen.  The COO position will be vacant. Levy will retain his position on the board of trustees of Centerline Holding Company.

"Rob is an experienced and dedicated executive who has successfully managed and led this Company through very challenging and turbulent economic times," said Robert. L Loverd, chairman of Centerline’s board of trustees.  “He was responsible for stabilizing the business and its platforms during times of significant distress and dislocation and now has effectively led the company through a period of growth and increasing profitability. We are pleased to announce his promotion to CEO and look forward to his continued leadership.”

Levy joined Centerline in 2001 as the director of capital markets. From 1998 to 2001, he was a VP in the real estate equity research and Investment Banking departments at Robertson Stephens, an investment banking firm. Prior to 1998, Levy worked at Prudential Securities in the real estate equity research group and at the Prudential Realty Group, the real estate investment arm of the Prudential Insurance Company.

He earned a Master of Business Administration from the Leonard N. Stern School of Business at New York University and a Bachelor of Arts from Northwestern University.

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