Length: 35 minutes
In this new video, NMHC's Emerging Leaders revisit the questions around near-term impacts of COVID-19 on transactions, investment, and development as they and their companies navigating the uncertain environment.
Ari Abramson (Moderator)
Vice President, Acquisitions
Continental Realty Corporation
Ari Abramson is the Vice President of Acquisitions for Continental Realty Corporation (CRC). In his role, he focuses on multifamily acquisitions and dispositions throughout the Mid-Atlantic and Southeast regions, manages broker/owner relationships, and oversees the underwriting and due diligence process. CRC headquartered in Baltimore and founded in 1960, is a full-service and vertically-integrated commercial real estate investment and management company.
The firm owns and operates a $2 billion portfolio comprised of approximately 10,000 apartment units and 4 million square feet of commercial space. Prior to joining CRC, Ari worked at Alex. Brown Realty, Stifel Nicolaus, Townsend Capital, and Legg Mason. Mr. Abramson is a Board Member of the National Multi Housing Council (NMHC), where he is the Chairman of the Emerging Leaders Committee. Ari is a full member of Urban Land Institute (ULI) and a member on the Multifamily Blue Product Council. Ari has a B.A. in Business and Economics from Muhlenberg College and a M.S. in Real Estate from Johns Hopkins University, Carey Business School.
Vice President, Investments
As Vice President, Investments, Erin Beitz is responsible for acquisitions and dispositions of existing multifamily projects in the New York and Washington D.C. MSAs. Ms. Beitz has been involved in commercial real estate for 16 years, with a focus in the multifamily sector. She is a member of the National Multi Housing Council (NMHC) and the New York chapter of Urban Land Institute (ULI).
Prior to joining Carmel Partners, Ms. Beitz held multiple positions in the Acquisitions Group for Berkshire Property Advisors and was involved in over $1.0 billion in acquisitions of multifamily real estate and note positions. Ms. Beitz received a Bachelor of Arts with high honors in theatre arts from the University of Nebraska and a Certificate in Real Estate Finance from Boston University.
Senior Vice President, Capital Markets
Mr. Leggee manages all private equity capital raising initiatives for Griffis Residential and is a member of the Investment Committee. Mr. Leggee is responsible for identifying, acquiring and building relationships with institutional, high net worth and family office clients to maintain and grow Griffis Residential’s private equity fund business. Mr. Leggee also contributes to fund strategy, tracking industry trends and research.
Prior to joining Griffis Residential in 2014, Mr. Leggee spent eight years at NorthMarq Capital, most recently as a Producer of Debt & Equity Placement. Mr. Leggee holds a B.S. in Real Estate and Finance from DePaul University. He serves on the Emerging Leaders Board of the National Multifamily Housing Council (NMHC). Additionally, Mr. Leggee is a member of PREA and the ‘Rising Leaders’ program, as well a member of the Urban Land Institute (Multifamily Green Council). He also serves on the Development Committee of the Denver Art Museum and the Next Generation Board of the Denver Health Foundation.
Vice President - Investments and Head of Capital Markets
Redwood Capital Group
Mr. Stern joined Redwood Capital Group in 2017 and brings 14 years of multifamily real estate experience. As an acquisitions officer, Mr. Stern’s primary focus is sourcing, underwriting, negotiating and managing new real estate investments. Additionally, Mr. Stern is responsible for identifying, developing and managing relationships with Institutional, High Net Worth and Family Office clients.
Prior to joining Redwood Capital Group, Mr. Stern spent just over 11 years at Chicago-based Waterton—a vertically integrated real estate owner and operator with a focus on U.S. multifamily apartments and hospitality properties. At Waterton, Mr. Stern oversaw all multifamily dispositions and is credited with having created the disposition process at Waterton. He was primarily responsible for engaging brokers and managing the broker opinion-of-value process, facilitating the marketing process, overseeing the buyer diligence process, contract negotiations and closing procedures. In his tenure at Waterton, Mr. Stern successfully transacted the disposition of over $3 billion in multifamily investments nationwide. Prior to joining Waterton, Mr. Stern worked as an acquisitions analyst for Crescent Heights.
Mr. Stern graduated from the University of Colorado Boulder in 2006 with a Bachelor’s Degree in Finance from the Leeds School of Business. Mr. Stern subsequently earned a Master’s in Business Administration from the Kellstadt Graduate School of Business at DePaul University with a dual concentration in Real Estate Finance & Investment and Entrepreneurship in 2012.
Mr. Stern is the Vice Chair of the National Multifamily Housing Council (“NMHC”) Emerging Leaders Committee.
Senior Vice President
Bret Thompson is a Senior Vice President in the Washington, DC office of Eastdil Secured with 14 years of experience in real estate and finance. His primary focus is multifamily investment sales and re-capitalization assignments in the Mid-Atlantic region.
Prior to joining Eastdil Secured in 2015, Mr. Thompson served in a similar capacity in HFF’s Washington, DC office starting as an Analyst in 2010. Previously, he worked as an Investment Banking Analyst at Piper Jaffray & Co. and as an Equity Trader and Market Maker at FBR Capital Markets. Mr. Thompson holds a Bachelor’s degree in History and a Markets and Management Certificate from Duke University. He is an active member of National Multi Housing Council (NMHC), where he occupies a seat on their Emerging Leaders Committee.