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Caren Garfield is Vice President at MAC Realty Advisors. Ms. Garfield brings 15 years of experience in the real estate industry that includes roles in development, investment, and capital markets. Prior to joining MAC, Ms. Garfield held the senior acquisitions role for an institutional private equity fund investing in multifamily assets nationwide. Prior to that role, Ms. Garfield was a Development Project Executive for Kettler where she managed acquisition, entitlement,and development activities. Prior to Kettler, Ms. Garfield was a Development Manager for both Bozzuto Homes and Bozzuto Development Company where she oversaw all aspects of both rental and for-sale multifamily development projects. Ms. Garfield began her real estate career as a Vice President with Bank of America in the Community Development Corporation Real Estate Group where she managed the development of the group’s largest mixed-use redevelopment project.
Ms. Garfield earned a Bachelor of Arts from Franklin Marshall College in Lancaster, Pennsylvania and a Master in Urban Planning from Harvard University in Cambridge, Massachusetts. She is a member of the Urban Land Institute and Commercial Real Estate Women (CREW). She is a licensed Real Estate Salesperson in the District of Columbia, Virginia, and Maryland.
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Ben Lazarus is the Senior Director with more than six years of experience in the real estate industry including roles as a manager, research analyst, broker,investor, and consultant. Mr. Lazarus was a Research Manager at the CoStar Group. He led a team of analysts that collected and analyzed data for the CoStar Property and Comps database. On a quarterly basis, Mr. Lazarus managed the publication of detailed analytic market reports. Additionally, Mr. Lazarus was a partner in the Fusion Partners LLC, a boutique residential investment and brokerage firm. Mr. Lazarus invested in and assisted clients to identify and purchase target properties; upon acquisition, he executed repositioningstrategies and then resold the properties. He was able deliver outstanding returns on invested capital to his equity investors.
Mr. Lazarus holds a BA with honors in Political Science from Trinity College in Hartford, Connecticut and an MBA from the Darden Graduate School of Business at the University of Virginia. He serves on the Young Leaders Program Committee of the ULI. He is a licensed Real Estate Salesperson in the District of Columbia, Virginia, and Maryland.
Nick Rubenstein is a Senior Associate with over ten years of experience in the real estate industry. He has worked in multifamily development as well as real estate brokerage.
Prior to MAC Mr. Rubenstein worked for Metro Properties, Inc. as a Development Manager, where he participated in Washington,DC-based residential acquisition, conversion, and development projects that ranged in size from a 12-unit condominium conversion to a 297-unit ground-up apartment development. As a Real Estate Analyst, Mr. Rubenstein worked at Cushman Wakefield with their noted Project Finance Group with Mr. McAllister for two years. In this capacity he was a member of the leading residential ground-up construction financing placement team within the Washington, DC region, successfully working on over $1 billion worth of development financings during his tenure.
With over a decade of professional experience, Mr. Rubenstein has become an expert in financial modeling. Over the years he has honed his skills at discounted cash flow analyses, equity waterfall structuring, sensitivity analyses, and the many varied aspects of development budgeting, including income analysis, construction budgeting, as well as monthly cash flow analysis from pre-development through construction, lease-up, and stabilization. Mr. Rubenstein’s experience in project oversight gives him a valuable perspective on the many facets of development.
Mr. Rubenstein attended American University where he received a BA in Political Science. Awarded an academic scholarship, he later returned to American University’s Kogod School of Business where he received his MBA with a concentration in Management Consulting. Mr. Rubenstein is a licensed Real Estate Salesperson in the District of Columbia, Virginia, and Maryland.
John Kilborne is a Real Estate Analyst for MAC Realty Advisors. He develops pro forma financials, gathers and evaluates economic, demographic, and real estate market data, and prepares offering memoranda and financial reports. Mr. Kilborne joined MAC Realty Advisors in February of 2013.
Mr. Kilborne received his Bachelor of Arts in Economics from Washington University in St. Louis in May 2012. He is a licensed Real Estate Salesperson in Maryland and Washington, DC and is a member of the Urban Land Institute.
Ed Crocker is a Real Estate Analyst for MAC Realty Advisors. He develops pro forma financials, gathers and evaluates economic, demographic,and real estate market data, and prepares offering memoranda and financial reports. Mr. Crocker joined MAC Realty Advisors in September of 2013.
Mr. Crocker received his Bachelor of Arts degrees in History and Foreign Affairs from the University of Virginia and was a four-year member of the Men’s Rowing Team. Mr. Crocker is a licensed Real Estate Salesperson in the District of Columbia and Maryland.