Families commonly move into Saylorville Lakeside to give their children access to the outdoor amenities nearby. Prior to his role at S3, Sam had several internships in residential brokerage, development marketing, and investment banking. He is a graduate of the Wharton School at the University of Pennsylvania, where he serves on the Executive Board. Jackson Gray joined S3 Capital as an analyst in June of 2022. Velocity is located one block north of Grand Ave, one of the busiest retail corridors in Downtown Des Moines, Built in 2018, Verve is one of the nicest buildings in Des Moines. Mr. Schwartz is a partner at Spruce Capital Partners in New York City, is the proud parent of three current Ramaz students, and the husband of a Ramaz alumna. A group of Brooklyn tenants who suedtheir landlord in the fall for violating rent-regulation laws may move forward as a class, a state Supreme Court judge ruled Thursday, bolstering their case. Prior to founding Spruce Capital, Mr. Schwartz helped to run a successful family business where he established the familys real estate investment program. Robert Schwartz is presently a director of Elastica . The Crossings at Pinebrook consists of 545 apartments spread over 34 acres. A five-story, fully renovated townhouse at 42 West 71st Street near Central Park West was sold by Spruce Capital Partners for $18,355,000. It has a committed pool of capital, funding construction draws and responding quickly to meet borrower needs. 435 units in Silver Spring, Maryland, centrally close to downtown Washington D.C. Mark Okrent currently oversees asset management for Spruce Capitals multifamily acquisition platform, Spruce Properties. The property offers residents a game room, gym, an outdoor lounge, and access to a pool. Theres luck in everything you do, said Mr. Schwartz.We buy things when we feel like the capitals protected and the chances of losing money are slim, but how much money youll make and how successful youll be depends a lot on the timing of your execution. Select this result to view Robert P Schwartz's phone number, address, and more. Mr. Schwartz is a partner at Spruce Capital Partners in New York City, is the proud parent of three current Ramaz students, and the husband of a Ramaz alumna. If you are one of the hundreds of landlords who are cheating on their 421-a tax benefits, the question is not if we are coming for you but when.. Transactions: Over 475 loans since inception Emeriti. in Finance and Management from the Boston College Carroll School of Management in 2020. Joshua Crane & Robert Schwartz. powershell invoke-command pass variable; He attended Pace University, where he received his undergraduate and masters degree in accounting in 2018 and 2019, respectively. Company Description:? In this role, he assists with the underwriting of new and existing loans, day to day management of fund operations, and portfolio oversight. In this role, he is responsible for underwriting and evaluating new and existing loans, overseeing the S3 construction portfolio, and assisting in day-to-day operations. State lawmakers voted in May to advance legislation that would require more frequent and comprehensive checks of the properties using the 421-a tax abatement to make sure they comply with the programs requirements for affordability. Alan Purser is the Global Head of Capital Formation for Spruce and S3 Capital. | Home. Prior to founding S3 and Spruce Capital, he was at Irongate, where he developed the Trump International Hotel and Tower at Waikiki Beach Walk. National Realty Investment Advisors (NRIA) has secured a $44 million construction loan from S3 Capital for its 55-unit gated development in Union City, NJ. He graduated from the Wisconsin School of Business in May of 2022 with a B.B.A. Alan previously worked at Heitman first as a Senior Vice President and then as the Global Head of Consultant Relations. Robert Schwartz, who with Joshua Crane is co-founder of Spruce, told the Observer that while many of their other projects have been townhouse renovations, this particular site, lying as it. Robert is related to Mark A Schwartz and John A Schwartz. Tenants have access to all amenities offered at Lake Shore, including several gyms, a pool, and other common spaces. S3 Capital Partners provided a $44 million Construction loan to NRIA LLC, a national commercial rea estate developer, for a 55-unit condominium in Hoboken Heights in Union City. in political science, and his MBA from Brandeis University in Waltham, MA. Revere is an invite-only digital network for commercial real estate professionals looking to buy or sell a building, finance a project, and expand their network. S3 Capital offers a flexible platform that originates both smaller loans of bet Read More Phone Number: (212) 300-8800 Website: www.s3cap.com Revenue: <$5 Million S3 Capital's Social Media Is this data correct? The property is withing walking distance to the Country Club of Mobile,the Springdale Mall, and Pinebrook Shopping Center. Fried, Frank, Harris, Shriver & Jacobson LLP, Global Head of Business Development, Personal Banking & Wealth Mr. Schwartz is a recognized leader in the footwear and footcare industries, and in our local community. S3 Capital Partners, which specializes in funding bridge and construction loans against properties in New York City and New Jersey, originated 85 loans totaling $915 million last year. It is located in Dauphin Acres neighborhood in Mobile positioned between Dauphin Street and Airport Boulevard close to Mobiles Central Business District. The developers had redeveloped the six-story building at 116 Waverly Place into a mansion and sold it in August 2016. Stay connected to New York business news in print and online. Olga Lisina joined S3 Capital Partners in January 2017 as a Fund Accountant. The site located in Tillman Corner with visibility and access to US-90. Founded in 2007 by Joshua Crane and Robert Schwartz, Spruce's primary focus is delivering superior risk-adjusted returns. Is there a new housing development in the works for East 78th Street? Our Community at Work is a new series in the. Release date: 05-25-21. All Rights Reserved. In addition, he managed system installation, and supervised schedule and training scenarios for an F-16 Simulator Unit. The firm also bought and sold more than one million square feet of NYC office buildings. Th is one hit all the boxes where we thought we could create a very dramatic house with architectural signifi cance, he said. Alexander Wrede joined S3 Capital Partners in 2018 as an Analyst. Joshua Crane is a co-founder and principal of Spruce Capital, S3 Capitals parent company. Robert Schwartz. Since its inception, S3 Capital has originated more than 475 first mortgages totaling over $3.5 billion, with a current portfolio of over 150 active loans totaling over $1.7 billion. He received his B.S. The higher recorded rent is what future rent increases were based on, and so any increases from that price were illegally inflated, the tenants claimed in the lawsuit. He excels at developing new relationships, maintaining existing ones and executing transactions. 535 Madison Ave Fl 19, New York, New York, 10022, United States (212) 300-8800 Spruce Capital Profile and History The principals and founders of Spruce Capital Partners, Dr. Ganesh Kishore, Dr. Roger Wyse, and Greg Young, are well known investors and thought leaders in the biogreentech sector. Most recently he was the Global Head of Client Services and Marketing for Stockbridge, a $15 billion institutional core and value platform. The property consists of 8 1 bedroom and 44 2 bedroom apartments. Get the latest business insights from Dun & Bradstreet. For over 100 years, Gardiner Roberts has combined the benefits of a full-service law firm with the dexterity of a mid-sized one. Not the schizo temperature shis (although, we concede, those werent exactly fun, either) were talking about the lack of available residential real estate. Rob joined Resilience in 2009. He graduated from the Wharton School at the University of Pennsylvania. SFP Coaching & Consulting, Founder and Managing Partner 1. The Crime Scene. Commercial Observer Q&A with Robert Schwartz, Founder and Partner at S3 Capital Commercial Observer Finance Weekly sat down with Robert Schwartz to discuss Spruce Capital and S3 Capital. Bob (Robert) Schwartz of Stony Plain, born in Winnipeg, Manitoba on February 3, 1943, passed away on Friday, November 22, 2019 at 76 years young. On December 10, 2001, a neighbor called 911 after discovering Robert dead in his home. Apollo Global Management, Inc. Chief Investment Officer and Founder Robert Schwartz, Esq. The smallest property in the Lake Shore Cluster, Lake Shore Place is a 22-unit rental complex, a seven minute walk from the larger Lake Shore property. He has a B.A in Business Management & Finance from CUNY Brooklyn College. All rights reserved 2023 The Real Deal is a registered Trademark of Korangy Publishing Inc. Greystone sells Lantana apartments to real estate mogul for $10M, Hialeah Gardens industrial site trades at $1M/acre, as market softens, Estate linked to Michael Milken goes to market for $64M, New Yorks luxury market remains a contender, Syufy wants to put 500 homes at former sites of domed theaters in San Jose. Northwest of Des Moines, Saylorville Lakeside is a 52-unit property on Saylorville Lake. He returned to the US a year later to work in strategy and operating roles at IBM and PepsiCo. Prior to founding Spruce and S3 Capital, Robert helped run a successful family business where he established and grew the family's real estate investment program. in Finance and Management. JDS Development Group and Property Markets Group launched sales at 111 West 57th Street last week for owner, Spruce Capital. in political science, and his MBA from Brandeis University in Waltham, MA. Citibank, Former Partner, Managing Director Prior to joining Spruce, Edward worked at Thor Equities, a New York based real estate development and investment firm, as a Development Controller, where he was responsible for overseeing the reporting and cost accounting for all development projects. Some of the stab wounds were so deep, that there were marks on the floor where Robert died. We were looking all over in the Villlage and everything was either very small or too pricey, said Mr. Crane. Prior to joining S3 Capital, Ari served a Controller for DH Property Holdings overseeing all aspects of their financial reporting, accounting and cash management functions, and a Director in the Alternative Investments Assurance Practice in PricewaterhouseCoopers. He earned his undergraduate degree from Ben-Gurion University of the Negev in Beersheba, Israel with a B.A. Diametric Capital. Mr. Schwartzs motivation and work ethic came from growing up with two immigrant parents, who came to the United States with nearly nothing and worked non-stop to provide for their children. Crystal Woods of Alexandria, an institutionally-maintained garden-style community of 344 units located inside-the-Beltway, proximate to Washington, DC. Spruce Capital, led by Joshua Crane and Robert Schwartz,denied wrongdoing and petitioned the court this year to dismiss the case, but a judge allowed it to move forward in April. New York, NY 10017 Robert began his career as an investment banker at Donaldson, Lufkin & Jenrette and UBS, in their Financial Institution Coverage groups. A 286-unit garden style community located in the attractive Northern Wilmington region of Delaware. He was always a serious student, enrolling in the honors track at the Yeshiva of Flatbush. The Pathways consists of 244 apartments spread over 10 acres. Aidan Birnbaum joined S3 Capital in April of 2021 as an Analyst. All facets of the business are handled in-house, including originations, underwriting, servicing, and construction monitoring. Founded in 2007 by Joshua Crane and Robert Schwartz, Spruce's primary focus is delivering superior risk-adjusted returns. Kyle Quattrocchi joined S3 Capital in June 2022 as an Analyst. About Spruce Capital Partners. Select the best result to find their address, phone number, relatives, and public records. The property was gradually improved and sold four and a half years later realizing a 16% IRR. zip: 10022-6909. joshua crane real estate spruce capital. Philosophy of psychology, language and mathematical cognition, philosophy of science and pragmatism. He eventually formed Spruce as a dedicated investment and development organization, in partnership with Joshua Crane, after investing in numerous transactions together for seven years. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); We want to hear from you! Prior to joining Heitman, Alan worked for Deutsche Bank/RREEF and focused on cultivating new and existing relationships for their alternatives investment platform. Arex Capital Management, Co-Founder and Managing Principal Shawn Safdie is a Managing Director at S3 Capital Partners where he focuses on loan origination, business development, structuring and underwriting. All Rights Reserved, Lent $42 million for the acquisition and construction of 115 Stanwix Street, Originated construction loan in Q3 2017 and paid off in Q1 2019, Built 140,000 square feet consisting of 136 rental units in Bushwick Brooklyn, $76 million construction loan to seasoned NYC hotel developer, Loan was for the construction of a 4-star hotel on Fifth Avenue. Founded in 2007 by Joshua Crane and Robert Schwartz, Spruces primary focus is on delivering superior risk adjusted returns while protecting downside. The 750,000 square foot condo-hotel was the highest-priced, fastest-selling residential real estate project in Oahus history. Tanya is the Office Manager and Executive Assistant at Spruce & S3 Capital. Now the tenants can present a class-action suit, which results in a stronger case against the owner, said Lucas Ferrara, one of the attorneys representing the tenants. Goldman Sachs, Coaching, Consulting, Speaking & Writing [NYP] Konrad Putzier. Built between 2015 and 2017, Lake Shore has 10 studio, 112 1 bedroom, 101 2 bedroom, and 16 3 bedroom apartments. All Rights Reserved. Robert Schwartz, Senior Vice President and Portfolio Manager, joined AB in 2012 as a corporate research analyst, covering specialty finance, automotive, aerospace/defense and industrial companies. Dr. Randy Longman, Dr. Robert Schwartz, Graduate School of Medical Sciences, Jill Roberts Institute for Research in Inflammatory Bowel . Prior to founding Spruce and S3 Capital, Robert helped run a successful family business where he established and grew the family's real estate investment program. Steven Jemal joined S3 Capital Partners in October 2016 to originate and underwrite loans for the firm. 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