NEW YORK, NY – June 1, 2011 – (RealEstateRama) — Cogswell Realty LLC, a Manhattan-based real estate firm that owns, manages and develops commercial and residential properties in the New York Metropolitan Area, today announced the appointment of Avi Fisher as Vice President of Acquisitions.
In his new role, Mr. Fisher will be responsible for all aspects of financial analysis and underwriting for the company’s acquisitions, development, lease negotiations and asset management activities, as well as all facets of acquisition due diligence – including budgeting, marketing analysis and financial projections.
“We are pleased to welcome Avi Fisher to Cogswell’s growing team,” said Arthur R. Stern, CEO of Cogswell Realty, LLC. “He brings to our team a wealth of experience sourcing and underwriting acquisitions that will be a valuable addition as we continue to grow our platform.”
Prior to joining Cogswell Realty, LLC this month, Mr. Fisher was a senior associate with New York-based Lane Capital Partners LLC where he was responsible for the acquisitions, underwriting and portfolio management of approximately $200 million in commercial real estate distressed debt investments involving 2,500 multi-family apartments and three million square feet of office properties. Previously, he spent three years working for PN Hoffman Construction Development in Washington, D.C. where his responsibilities included both brokerage and acquisitions research.
Mr. Fisher graduated from the University of Maryland’s Robert H. Smith School of Business where he received his Bachelor of Science degree. He went on to earn a master’s degree in Real Estate Development from Columbia University.
About Cogswell Realty, LLC:
A full-service, integrated real estate firm headquartered in New York City, Cogswell Realty, LLC is an owner, manager and developer of commercial and residential properties in the New York metropolitan area. Since the company’s founding in 1996, it has acquired – directly or in partnership – more than $500 million in real estate properties and supervised more than $275 million in construction, rehabilitation and redevelopment of those assets. For more information, please visit www.cogswellrealty.com.
