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Daniel K. Pfeffer is an Executive Managing Director and Founder of New World Realty Advisors, LLC. With over 20 years of direct real estate experience, including as a founder and CEO of a private real estate development firm, Mr. Pfeffer is well respected in the real estate community. He has a deep background in real estate finance, restructuring and development. Mr. Pfeffer has received accolades for many of his projects, include his work with Brownfield sites, projects involving highly complex financial structuring, including, hybrid tax increment financing structures, historic tax credit utilization
and others. Mr. Pfeffer has a vast amount of experience in land use analysis, zoning work and project level development/construction. Mr. Pfeffer previously served for 12 years as President, and Co-Founder of Midtown Equities of New York where he oversaw a large, diverse multi-disciplined portfolio of investment and development projects. He concluded many highly complex projects, including the development of a 56 acre Brownfield Site in South Florida, that has become a model for many other cities in America. Mr. Pfeffer also has extensive experience in taking over failed projects, both at the construction
level stage, as well as fully developed properties. A large element of what he accomplishes involves repositioning troubled or broken assets based on market needs.
Prior to that time, Mr. Pfeffer was a Vice President at GE Capital in Stamford, CT, where he was directly responsible for acquiring government held properties from the Department of Housing and Urban Development (HUD) and the Resolution Trust Corp (RTC) and was charged with the responsibility of overseeing and restructuring the $2.5 billion acquisitions portfolio. Smith Barney recruited Mr. Pfeffer in 1992 to join its Real Estate Investment Banking Group, where he managed secondary offerings and IPO’s for large real estate developers.
Mr. Pfeffer has an extensive background in both financial and project level restructurings. He spent a number of years at Manufacturers Hanover Trust, as one of the original members of the real estate work out team. During his tenure, among others, he successfully completed restructuring and workout assignments involving one of the worlds’ premier hotel companies, a large multi-national apartment developer, and a major owner of shopping malls. Mr. Pfeffer was directly responsible for restructuring a large number of luxury hotel properties including Ritz-Cartlons and other luxury brands.
Mr. Pfeffer holds a B.A. in Economics with a concentration in Accounting from the University of Rochester. In addition, Mr. Pfeffer holds an M.B.A. in Finance from New York University, Stern School of Business.
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