|
Mr. Botel co-founded JOSS Realty Partners in 2005. Prior to that he spent three years as the Chief Operating Officer at Broadway Partners, where he oversaw all operations, staffing, asset management and underwriting activities. Mr. Botel directed Broadway from a sole proprietorship with limited operating capability to a full service real estate investment company owning 3.6 million square feet of commercial office space valued at over $850 million. He underwrote, negotiated and closed over $1 billion in office building acquisitions and recapitalizations, managed 1 million square feet of leasing and oversaw all property activities and capital projects. Mr. Botel launched and oversaw Broadway Real Estate Services, an affiliated property management firm. From 1997 to 1999 Mr. Botel was a Vice President and Head of Real Estate at Fortress Investment Group / UBS Global Principal Group / BlackRock Capital Finance. He oversaw all commercial real estate asset management and underwriting activities for multiple portfolios of debt and equity assets. Mr. Botel managed a team of five professionals in three opportunistic real estate investment funds totaling $3 billion in equity and over 30 transactions in the United States, Canada, and Europe. He underwrote, negotiated, and closed over $1 billion in property and mortgage loan acquisitions, over $500 million in distressed mortgage loan resolutions, and over $1 billion in portfolio financings/securitizations. Mr. Botel also managed equity and loan portfolios comprising over 4 million square feet and 5,000 apartment units. Mr. Botel held previous positions at Mutual of New York Real Estate and Prudential Realty Group. Mr. Botel received his M.B.A. from the University of Chicago Graduate School of Business, in 1993 and is B.S.B.A from Georgetown University in 1988.
|