Steven is the Chief Investment Officer and Co-Owner of RMWC, managing the Firm’s real estate investment strategies. Steven oversees the origination, underwriting and asset management team and he directs RMWC’s Investment Committee.
Prior to RMWC, Steven started his career at Lehman Brothers in 2004 and worked in the commercial real estate group through 2011. After Lehman’s bankruptcy in September 2008, Steven was retained by the bankruptcy experts managing the Lehman Estate to specialize in condominium and mixed-use project workouts. From 2008-2011, Steven managed over 200 investments and oversaw some of the most complicated Lehman real estate investments, such as Canyon Ranch Miami Beach where he completed a deed-in-lieu of foreclosure, restarted a sales & marketing campaign to sell the unsold condominium units, implemented a seller financing program and restructured the hotel management agreement with Canyon Ranch. Steven also completed workouts, restructurings, foreclosures and recovery strategies on Lehman’s investment properties including condominiums, multi-family, hospitality, retail, golf courses and other types of commercial real estate across the US.
After Lehman, Steven founded SRF Ventures, a boutique real estate advisory firm, and co-founded New Gables Capital, a private commercial real estate lender. Since 2011, Steven has successfully built both enterprises by advising on, asset managing, and/or originating over $2.7 billion of real estate loans and investments, primarily in Top 30 metropolitan markets across the US.
Steven holds an M.S. in Real Estate Finance, with distinction, from New York University, and a B.B.A. from the University of Miami.