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.
Britton Browne, Senior Director has more than thirty years of real estate investment, development and marketing/sales experience. Mr. Browne is a fourth generation Washingtonian and his experience includes ground-up residential development (ranging from single-family homes to multi-story condominiums and apartment projects), conversions and land sales.
Prior to joining MAC Realty Advisors, Mr. Browne was a principal with HDF&B Realty Advisors responsible for the marketing and sales of multifamily properties, conversion to condo and sales of condo units.
In the 1980’s and 1990’s, Mr. Browne was Vice President and Director of Martin-Browne Investments, Inc. in Hobe Sound, Florida. Martin-Browne Investments was a residential real estate investment and development company with primary emphasis from West Palm to Vero Beach corridor.
Mr. Browne graduated from the University of Denver with a BSBA in Management. He is a licensed Real Estate Salesperson in the District of Columbia 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.