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Seth B. Lipsay is an Executive Managing Director and Founder of New World Realty Advisors, LLC. Mr. Lipsay’s professional career has included senior leadership roles in a variety of public and private organizations in the real estate, mortgage, and CMBS arenas, including Kenneth Leventhal & Company, Kidder Peabody, Paine Webber, and UBS. Mr. Lipsay has recognized expertise in originating, underwriting, structuring, negotiating and harvesting complex debt, mezzanine and equity investments in the commercial real estate and specialty finance arenas. His experience includes originations in
excess of $2 billion of commercial and multifamily mortgage loans and more than $1 billion of corporate leveraged lease financings for leading private and institutional owners and acquirers of real estate portfolios. As a Trader on a leading CMBS desk, Mr. Lipsay was intimately involved in the securitization and trading of billions of dollars worth of public and private CMBS, including the bond structuring, credit rating and institutional sales processes.
Mr. Lipsay also has considerable principal and advisory experience in portfolio sales, contentious workouts and complex restructurings of commercial real estate and mortgage assets. He has played a leadership role representing mortgage borrowers and lenders in many large corporate and portfolio restructurings, In addition, he has successfully represented major banks and insurance companies in orchestrating large-scale portfolio sale processes, coordinating the simultaneous marketing, documentation and closings of multiple pools of performing and non-performing loans and properties among multiple
bidders and back-up bidders.
As a 25-year veteran of the real estate and mortgage finance industries, Mr. Lipsay has developed a strong reputation for his unique ability to assess complex situations, develop creative, but practical solutions, and provide valuable counsel throughout the process of implementing the selected strategic solutions. Over the years, Mr. Lipsay has advised the chief executives and boards of leading insurance companies, money center banks, and investment banks as well as public and private property owners in real estate matters of great significance and value. Mr. Lipsay won the Institutional Investor
Real Estate Deal of the Year Award for his pivotal role in a large, complex portfolio transaction with a major insurance company and and a leading opportunity fund. Clients rely upon his sharp mind, strong interpersonal skills, and broad base of knowledge and experience in the real estate realm when confronting complexity, adversity or uncertainty.
Mr. Lipsay holds an MBA in real estate and finance from the Wharton School of the University of Pennsylvania, a Juris Doctor in tax and business planning from the Hofstra University School of Law, and a BA from New College in public policy.
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