Gerald Guterman

Gerald Guterman is an international real estate developer and investor. He is one of the largest multi-family apartment owner/operators (78,000+- apartments) and condominium converters in the United States, converting over 12,000 rental apartments to cooperative and condominium ownership in the Greater New York area and 3,000 apartments in 9 other states. He also served as a commissioner of the United States Romania Action Commission under the sponsorship of the United States Center for Strategic and International Studies, as well as Chairman of its banking and financing committees. Guterman served as a financial advisor to the Minister of Privatization, Government of Romania and advisor on refugees to the Interior Minister, Government of Austria. He is currently the chairman and CEO of Guterman Partners, LLC.

Guterman began a career in real estate at the age of 18 as a night porter for Fred Trump, father of famed developer Donald Trump. The Brooklyn-born son of a beverage wholesaler, Guterman amassed a fortune with over 15,000 condominium and co-ops conversions, 78,000 rental apartments, 3,250,000 net rentable square feet of office properties, large scale housing and commercial developments throughout the United States, Europe and the Middle East.

Beginning in the 1980s, he became one of the largest owner/operators and property managers in the United States, operating his own (over 18,000) rental apartments in 55 residential communities together with over 60,000 apartments in over 250 rental communities nationwide and over 15,000 rental apartments converted to condominium ownership.

Additionally and in order to enhance is firm's construction capabilities, Guterman acquired two nationwide construction companies known as the Titan Group, Ltd and Sovereign Construction Co. Ltd. Historical projects include:

Beginning in the 1990s through 2016, Guterman planned, organized and directly negotiated the acquisition of thirty-one multiple tenant office buildings containing more than 3,250,000 net rentable square feet of office space located in Eight States In the 1990s he also negotiated and completed the largest single, direct purchase of office properties (Patriot American Investors) in the history of The Federal Deposit Insurance Corporation. Thereafter known as Mack-Cali Real Estate Investment Trust.

Additionally, during the same period in the 1990s, Guterman also directly negotiated and completed the purchase of the original hotel properties together known as the “Patriot American Hospitality Portfolio” from The Federal Deposit Insurance Corporation (“FDIC”). Thereafter known as Wyndham Hotels and Resorts.

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