Todd Korren 2012

January 30, 2012 - Front Section

Todd Korren, Savanna

Name: Todd Korren
Title: Principal, Director of Leasing
Company: Savanna
Location: 10 East 53rd St., New York City
Birthplace: New York City
Family: Married with 2 daughters
College: NYU, undergraduate, BS Management; NYU, MBA
First job outside of real estate: Cleaning swimming pools to pay for college
First job in real estate or allied field: Real estate salesperson while in college. Construction superintendent after college
What do you do now and what are you planning for the future? Savanna is a N.Y.C.-based institutional real estate private equity firm. The firm pursues opportunistic real estate equity and debt asset investments focusing on directly owning and operating properties primarily in N.Y.C. The firm's value added strategy includes the implementation of substantial capital improvements, property repositioning and leasing of space. Savanna has invested more than $1.7 billion across 15.2 million s/f across multiple asset classes and locations, representing over $3.75 billion in total capitalization.
Hobbies: Reading, gardening, biking
Favorite movie: "The Godfather," "Gladiator," "Lawrence of Arabia"
Persons you admire most (outside of family): Richard Branson, George Mitchell, George Soros
Keys to success: Work smarter and harder than your competitors; think "out of the box;" don't promise what you can't deliver; treat everyone, regardless of position, with respect.
If you had to choose another vocation what would it be? Environmental management/recycling
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