Burger of Silverstein Properties speaks at RELA breakfast
The Real Estate Lenders Association (RELA) held its September Breakfast that featured a Q&A with Marty Burger, CEO of Silverstein Properties, on September 9 at the Yale Club. Burger was joined by Guelda Voien, editor of the Mortgage Observer, who moderated the Q&A. Burger discussed his recent transition into the role of chief executive officer at Silverstein Properties, focusing on the duality of his new role as the face of the company and his continuing role as the "numbers man" behind the scenes. The discussion turned to the negotiations surrounding the acquisition and construction of 30 Park Place, including the benefits of using EB-5 funds for hotel development. Burger shed light on Silverstein Properties large rail project in Shenzhen, China and the process of selecting local partners to do business half a world away. The discussion concluded with a forecast of the market and tips on the best long-term loan rates.
Burger is the CEO of Silverstein Properties overseeing the daily operations while addressing acquisitions, development and financing efforts worldwide. Burger joined Silverstein Properties in February 2010. Previously, he was president and CEO of Artisan Real Estate Ventures, a company he founded in 2006. Prior to that, he was the president of Related Las Vegas and executive vice president of The Related Companies, L.P. Burger has also worked as a vice president at The Blackstone Group and also for Goldman Sachs' Whitehall Real Estate funds.
Burger received a bachelor of science degree in Economics from the Wharton School of the University of Pennsylvania. He is a trustee and a governor of the Urban Land Institute, and is chairman of his Urban Development Mixed-Use Council nationally. Burger is on the executive committee of the Zell/Lurie Real Estate Center at the Wharton School of the University of Pennsylvania, and is an active member of the Real Estate Roundtable in Washington, D.C. In addition, Burger is a member of the board of trustees of the Battery Conservancy.
Manhattan, NY AmTrustRE has completed the $211 million acquisition of 260 Madison Ave., a 22-story, 570,000 s/f office building. AmTrustRE was self-represented in the purchase. Darcy Stacom and William Herring
Let’s be real: if you’re still only posting photos of properties, you’re missing out. Reels, Stories, and Shorts are where attention lives, and in commercial real estate, attention is currency.
The state has the authority to seize all or part of privately owned commercial real estate for public use by the power of eminent domain. Although the state is constitutionally required to provide just compensation to the property owner, it frequently fails to account
Last month Bisnow scheduled the New York AI & Technology cocktail event on commercial real estate, moderated by Tal Kerret, president, Silverstein Properties, and including tech officers from Rudin Management, Silverstein Properties, structural engineering company Thornton Tomasetti and the founder of Overlay Capital Build,
Many investors are in a period of strategic pause as New York City’s mayoral race approaches. A major inflection point came with the Democratic primary victory of Zohran Mamdani, a staunch tenant advocate, with a progressive housing platform which supports rent freezes for rent