As General Counsel, Bruce participates, from the legal perspective, in the firm’s acquisition, disposition, development, leasing, management, financing and construction processes, and oversees the activities of the various outside counsel used by the firm. Bruce joined the predecessor company in 1998 and became General Counsel in 2005. He has significant experience in commercial real estate acquisition, disposition, financing and leasing transactions.
From 1988 to 1993, Bruce was an attorney in the Philadelphia office of the law firm of Dechert LLP, as a member of the firm’s real estate department. Subsequent to this experience, Bruce was a member of the Blank Rome LLP’s real estate department.
In 1985, Bruce graduated from Dickinson College, magna cum laude, with a Bachelor of Arts in Economics. In 1988, he graduated from the University of Pennsylvania Law School, cum laude, with a Juris Doctor degree and was a member of Penn Law’s Moot Court Board. Bruce also studied at the London School of Economics and Political Science in London, England, and at Cambridge University in Cambridge, England. Bruce is a member of the Association of Corporate Counsel. He is a former member of Dickinson College’s Alumni Council and the Board of Directors of the Southeastern Pennsylvania affiliate of the American Heart Association.
Regional Director of Mid-Atlantic
Stephen is responsible for the Mid-Atlantic region. He is responsible for sourcing, evaluating and executing new acquisitions. Steve became a member of Rubenstein Partners in early 2008. Key investments while at Rubenstein include 1150 Northbrook, Princeton South Corporate Center, The Crossings @ Jefferson Park, 30 Montgomery, One Washington Square, 211 Mount Airy Road and 67 Whippany.
Prior to Rubenstein Partners, Stephen worked at Starwood Capital’s U.S. acquisition group where he was responsible for sourcing, negotiating and underwriting opportunistic investments covering all real estate asset classes. In 2002 he joined Catterton Partners, a middle-market private equity firm with over $2 billion in capital under management, specializing in acquisitions and asset management of restaurants, retail and consumer companies throughout the United States. Stephen executed and closed over $500 million in transactions and assisted with strategic advisory, structured and negotiated financings, and managed asset management for existing portfolio companies. Stephen began his career in Investment Banking with Merrill Lynch as an analyst in the Retail and Consumer Products Group where he participated on advisory teams that originated and executed a full range of financial and strategic alternatives for companies in the retail and consumer products industries.
Stephen graduated from Duke University with a Bachelor of Science in 2000. He graduated from The Wharton School of the University of Pennsylvania in 2007 with an MBA in Real Estate.
Vice President of Development & Construction
Devon manages all aspects of development, capital improvement projects and due diligence efforts undertaken by the Firm and its partners. Additionally, Devon performs various asset management functions, including but not limited to lease negotiation, asset and portfolio valuation, financial analysis and dispositions. Devon joined Rubenstein Partners in 2008. Key Rubenstein investments include the Belvoir Corporate Center, 1150 Northbrook, 30 Montgomery, One Washington Square, The Center at Innovation Drive, Maryland Trade Center III, Crossroads Center, Centerpoint and 2900 Eisenhower.
Prior to joining Rubenstein Partners, Devon worked for a project controls consulting firm in Colorado for seven years, and then the Trammell Crow Company for six years. To date, Devon has overseen the successful completion of over 3 million sf of development or redevelopment, including: the completion of multiple educational facilities and a casino/hotel in Colorado; 120,000 sf medical office building and 1,350 car parking structure for The Cleveland Clinic; a 215,000 sf distribution center expansion for Dick’s Sporting Goods; over 325,000 sf of office fit-out work, and 250,000 sf of medical office space zoning and entitlements, associated structured parking and 28 townhouses for Main Line Health in the Philadelphia suburbs. More recently, Devon has successfully completed, or is currently executing over 1.5 million sf of ground up or redevelopment projects for the Firm.
Devon is a 1995 graduate of the University of Colorado where he earned a Bachelor of Science in Architectural Engineering and Construction Management and received his MBA from Carnegie Mellon University in 2003. He is a Member of the Urban Land Institute and the Children’s Heart Foundation.
Director of Property Management
Salvatore Dragone oversees the management and operations of all Fund’s assets and is an integral part of Rubenstein Partners’ acquisition efforts. Sal joined Rubenstein Partners in 2006.
Prior to joining Rubenstein Partners, Sal was a Regional Vice President of Property Management with Liberty Property Trust, where he oversaw the property management operations of over 18 million sf of office, flex and industrial space. Since 1989, Sal has worked in all aspects of the real estate management field for both small and large developers throughout the Eastern United States. In that time, Sal earned the designations of ARM, CPM, and CCIM and has held positions as a property manager, general manager, regional manager, director and vice president; his list of past and current clients include many of Fortune’s 100 top companies. Throughout his career, Sal has had an affinity for customer service, creating value through operations and exceeding the needs of his clients.
Sal is a graduate of Drexel University where he received his MBA from Drexel’s LeBow College of Business. Sal is also member of the Institute of Real Estate Management and has earned the CPM and ARM designation, a member of the Commercial Investment Real Estate Institute, where he holds the designation of CCIM, a licensed real estate professional in New Jersey and Pennsylvania and a member of the Tri-State Association of Realtors. In addition, Sal is an Adjunct Instructor at Drexel University, serves as Vice President of Education for IREM Chapter 3, is on the Board of Directors for the BOMA Philadelphia and has served on Board of Directors of Habitat for Humanity in Burlington County, NJ, as both a member and Vice President and on the Board of Families in Crises Foundation.
Regional Director of Washington, DC
Steve is responsible for spearheading acquisition and asset management efforts in the greater Washington, DC area – from Baltimore to Richmond – and also covers Nashville, TN. Steve is an initial member of the Investment Committee. Over his 25 year career, Steve has developed and acquired investments on the East Coast totaling more than a billion dollars and asset managed 2.5 million sf of mostly office assets in the greater Washington, DC market.
Steve re-joins the senior management of Rubenstein Partners, as he was Vice President and Director of Development for the predecessor company between 1998 and 2003. Collaborating with Eric Schiela, Steve was involved in the entitlement and development of Valley Creek Corporate Center, the development of “The Greens” in Northern Virginia and projects in Atlanta and Pittsburgh, among others. Prior to re-joining the firm, Steve was a Senior Vice President and Director of Acquisitions and Asset Management for KBS Realty Advisors, from 2009 to 2013, for which he was responsible for sourcing new investments in the Mid-Atlantic and Southeast Regions and overseeing asset management of a 1.75 million sf office portfolio in Metro Washington, DC. Before KBS, Steve held Senior Acquisition and Asset Management positions at Carr Properties and Lowe Enterprises and spent his early career at Cassidy Turley and JMB Realty Corporation.
A native Washingtonian and resident of Mclean, VA., Steve graduated from Vanderbilt University. Steve was a founding member of the George Washington University Center for Real Estate and Urban Analysis Advisory Board and is active in the real estate community.
Director of Development
Rick serves as Director of Development. He is responsible for all planning, design, approval, construction and development related issues regarding Rubenstein Partners owned real estate and properties that we are considering for acquisition. Rick joined Rubenstein Partners in 2006. Key investments include Lenovo Enterprise Campus, 67 Whippany, Crossroads Center, Centerpoint, Cleveland Flats East, Westview Corporate Center, 211 Mount Airy Road and The Crossings @ Jefferson Park.
Prior to Rubenstein Partners, Rick served as Senior Vice President of Development at The Fox Companies. Over the course of sixteen years with The Fox Companies, Rick was responsible for the design, approval and construction of over 3 million sf of corporate office, commercial, and sports and entertainment buildings costing approximately $1 billion. His career has included such projects as the Wachovia Center (a 750,000 sf state of the art sports arena which is home to the Philadelphia 76ers and Flyers), Chesterbrook Corporate Center (numerous buildings in a 900 acre mixed use development in PA) and The Aspen Club and Spa in Aspen, CO. Earlier, Rick served as Project Engineer for Buford T Lumsden and also held several positions at R M Shoemaker Co.
Rick graduated from Princeton University in 1980 with a Bachelor of Science in Civil Engineering.
Portfolio Manager - Equity Investments
Brandon has been with the firm since 2008 and is responsible for the Midwest region. In this role, he is responsible for sourcing, evaluating and executing new acquisitions, as well as all aspects of asset management within the region. Key investments include Cleveland Flats East, 2900 Eisenhower, Lee’s Hill II, Belvoir Corporate Center, Schaeffer Site, Maryland Trade Center III, Embassy Parkway Portfolio, 312 Elm Street and 312 Plum Street. In addition, Brandon serves as the firm’s Director of Investor Relations and is responsible for the company’s fundraising activities.
Prior to joining Rubenstein Partners, Brandon spent two years at Wachovia Securities in the Real Estate Leveraged Finance Group where he was part of a team that originated and syndicated construction loans for commercial and residential properties throughout the Southeastern United States as well as corporate credit facilities for large, national homebuilders.
Brandon graduated from the University of Virginia with a Bachelor of Science in Commerce with a concentration in Finance and a Bachelor of Arts in Spanish.
Regional Director of New York City
Jeremiah is the Director of New York City. Jeremiah joined Rubenstein Partners in 2013 and is responsible for sourcing, evaluating and executing new acquisitions. In addition, he is responsible for working with lending institutions and capital partners in the New York region.
Prior to joining Rubenstein Partners, Jeremiah worked as strategic advisor to various real estate development companies on portfolio recapitalization, acquisitions and DPO transactions. Jeremiah served as Director of Acquisitions at the Paramount Group where he was responsible for all aspects of the property acquisition process and was part of a team that executed over $4 billion in property acquisitions and $1 billion in dispositions.
Jeremiah graduated from the Wharton School of the University of Pennsylvania with a Bachelor of Science in Economics and an MBA majoring in Real Estate and Finance.
Chief Compliance Officer
Jeff works directly with the Chief Executive Officer on many initiatives related to corporate areas as well as issues related to investor relations, corporate and property financings, and risk management. Jeff implements and monitors all of the compliance standards required by the Registered Investment Act. Jeff joined the predecessor company in 1998 as Director of Corporate Operations. Key Rubenstein investments include Cleveland Flats East and projects involving tax credits and other governmental incentives.
From 1996 to 1998, Jeff was Vice President of ACG Professionals, a real estate consulting company focused on large scale financial modeling and acquisitions due diligence for REITs, investment banks and real estate development companies. From 1991 to 1996, he was the Principal of Urban Land Consulting, a real estate consulting company engaged in mortgage banking and real estate development for senior housing and low-income housing tax-credit projects. From 1989 to 1991, he was the General Securities Principal for a capital syndication subsidiary and Assistant-to-the-President of EIC Group in San Francisco, an investment management company selling real estate investments to Asian overseas investors. From 1986 to 1988, Jeff worked as a Financial Analyst and Leasing Assistant for Wright, Runstad & Company, a high-rise office developer in Seattle.
Jeff graduated cum laude from Harvard University with an Bachelor of Arts in Economics. He also has a Masters of Science degree in Real Estate Development from the Massachusetts Institute of Technology and a Juris Doctor degree from the University of Washington, School of Law. Jeff has been NASD Series 7 and 24 licensed, a real estate broker, and is a member of the Washington State Bar Association.
Read is responsible for the asset management of certain existing properties. Additionally, he is responsible for sourcing, evaluating and executing new acquisitions in certain target markets. Read joined Rubenstein Partners in August 2016.
Prior to joining Rubenstein Partners, Read was a Vice President with Starwood Capital Group where he oversaw office and distressed debt investments – including responsibility for the oversight of a nationwide office portfolio consisting of 11.9M SF spread across 90+ individual buildings. Before joining Starwood, Read was on the acquisitions team at TA Associates Realty where he was responsible for sourcing, underwriting and structuring office, industrial and multifamily acquisitions. Prior to his role at TA, Read worked at Mesa West Capital in the originations group and as a real estate attorney with King & Spalding.
Read graduated from the University of Pennsylvania magna cum laude with a Bachelor of Arts, received his J.D. from the University of Virginia and earned his Master of Real Estate Development from the University of Southern California.
Founder & Senior Managing Partner
David is responsible for developing and implementing the overall strategic initiatives for the Fund Manager. He oversees the operation of the various departments, and plays a particularly active role in all investment and corporate finance activities. He regularly meets with the asset managers to assess the operating status of all the properties in the portfolio, as well as to assess the industry issues that they are facing while operating their properties. Similarly, David regularly meets with key employees and local operating partners to discuss the latest market conditions in each of the relevant submarkets as well as any significant operational decisions related to tenants or the properties in general. David is known to be one of the more “hands on” fund managers in the business.
From 1987 to 1989, David worked as an acquisition specialist for JMB Realty Corporation in Chicago, where he analyzed real estate markets and potential acquisitions nationwide. He provided full analytical and market analysis on each potential acquisition on which he worked. In 1990, he interned at Morgan Stanley in the Mergers and Acquisitions Department. David joined the predecessor company in 1991 as Director of Acquisitions and subsequently became President in 1997, and CEO in 2001. His vision, market knowledge and analytical acumen have kept the Fund Manager at the cutting edge of the office investment industry.
David graduated from Duke University in 1987 with a Bachelor of Arts degree in Economics. He graduated from the Wharton School of the University of Pennsylvania in 1991 with a MBA in Finance.
David is a member of the Urban Land Institute and the Samuel Zell and Robert Lurie Real Estate Center at the Wharton School. He is on the Board of the Children’s Hospital of Philadelphia serving on the executive committee. He is also a member of the Young Presidents Organization (YPO).
Special Senior Advisor
As founder of the predecessor company, and its steward for over thirty years, Mark is recognized as one of the preeminent leaders of the commercial real estate industry. He provides Rubenstein Partners with extraordinary perspective and insight gained through his many years of experience.
In 1965, Mark joined Builders Development and Service Company of Philadelphia. While employed there, he managed in excess of 1,500 apartment units in Pennsylvania and Delaware and developed over 700 new units along with two branch banks, a convenience food market, a 33,200 square foot supermarket and the first phase (200,000 square feet) of an enclosed regional mall shopping center. During this period, he also planned, zoned, developed and sold several hundred acres of land as tracts for single-family housing.
In June 1969, Mark formed The Rubenstein Company, which then assumed responsibility for the completion and future management of all the projects at his former employer that were still in the developmental stages. The basic construction and bookkeeping staff of the former company joined his firm.
In a measured program over thirty-five years, Mark guided development of the predecessor company into a full service real estate company with capacity for acquisition, development, construction, leasing, management and financing of substantial real estate projects.
Mark graduated from Johns Hopkins University with a Bachelor of Science in 1962 and a earned a Masters in Engineering in 1965. He is a Trustee Emeritus of Johns Hopkins University, where he served on the Executive Committee, Buildings and Grounds Committee, was Chairman of the Finance Committee and was on the Principal Gifts Committee. Mark is also a Trustee Emeritus of Johns Hopkins Medicine, a Trustee of the Philadelphia Museum of Art, where he is a member of the Executive Committee and is Chairman of the Buildings and Grounds Committee, and a Trustee of the Curtis Institute of Music.
Managing Principal & Chief Operating Officer
Eric is responsible for overseeing and coordinating the day-to-day activities of the firm’s operations, and provides particular focus on investments with extensive redevelopment/repositioning aspects. In addition, he directs the planning and implementation of various strategic initiatives that drive the financial and operating performance of the firm. He has also provided particular focus on firm’s investment in 67 Whippany, including the sale and redevelopment of a portion of the campus to Bayer Healthcare and the 185,000 sf MetLife build-to-suit on the southern portion of the campus.
As a Development/Asset Manager with the predecessor company, Eric was responsible for the site plan approvals for Valley Creek Corporate Center North, a 1.2 million sf, master planned, three phase office development, and the repositioning of Radnor Financial Center, a 1.5 million sf conversion of an 11 building corporate campus to a Class A, multi-tenant environment. Early in his career, Eric worked as a Project Manager for the U.S. Army Corps of Engineers where he managed the planning, design and construction of new buildings, infrastructure and building rehabilitation projects for the U.S. Air Force and U.S. Army. In addition, he was responsible for managing investigation, design and construction phases of environmental remediation projects under the U.S. Environmental Protection Agency’s Superfund program.
Eric holds a Bachelor of Science in Civil Engineering from the University of Notre Dame, a Masters in Civil Engineering from Villanova University and a MBA from the Wharton School at the University of Pennsylvania. He is a former Professional Engineer in Pennsylvania.
Regional Director of New England
Deke is responsible for spearheading the firm’s investment activities in the New England region. Since joining in 2008, key investments include The Center at Innovation Drive, Centerpoint, 55 Walkers Brook Drive and Crossroads Center.
Before joining Rubenstein Partners, Deke spent ten years in various senior management roles at ING Clarion with responsibilities encompassing acquisitions, capital markets, asset management and property management. As acquisitions officer for the New England region between 2005 and 2008 he acquired assets totaling over $730 million in gross investment value covering over 2.5 million sf across multiple property types and risk profiles. He also served as co-chair of ING Clarion’s Sustainability Task Force which developed and implemented the firm’s Sustainable Growth Program promoting green building and smart growth best practices across its investment portfolio and corporate operations. Prior responsibilities included the direction of a portfolio of suburban Boston office assets totaling over 1.2 million sf and valued in excess of $300 million including developing and executing all asset level strategies and directing property management, leasing, operations and capital budgeting. During this time, he directed leasing of over 300,000 sf and oversaw dispositions totaling over $125 million. Prior asset management responsibilities included those for a New England portfolio of assets valued in excess of one billion dollars.
Deke graduated from Dartmouth College in 1992 with an Bachelor of Arts and earned his MBA from Rice University in 1994.
North Carolina Region
Tim is responsible for sourcing, evaluating, and executing new investments in the Carolinas. Tim joined Rubenstein Partners in January 2016.
Before joining Rubenstein Partners, Tim worked at Spear Street Capital where he focused on the acquisition and asset management of select office properties across the United States. From 2008 to 2011, he worked for the Harvard Management Company where he helped invest and manage a global portfolio of direct and indirect real estate investments on behalf of the Harvard University endowment. During the course of his career in real estate investing, Tim has executed over $1.5 billion in property-level transactions. Tim began his career with Wachovia Securities as an analyst in the Real Estate Investment Banking division. At Wachovia, Tim participated in advisory and capital markets teams that originated and executed a full range of financial and strategic alternatives for REITs and other real estate clients.
A native North Carolinian, Tim graduated from the University of North Carolina at Chapel Hill in 2006 with a Bachelor of Science in Business Administration and Media Studies. In 2013, he graduated from the Wharton School of the University of Pennsylvania with an MBA in Real Estate.
Regional Director of Southeast
Taylor is responsible for sourcing, evaluating, and executing new investments in the Southeast. Additionally, he is responsible for the asset management of existing properties in these markets. Taylor joined Rubenstein Partners in September 2015.
Prior to joining Rubenstein Partners, Taylor worked at Tishman Speyer for 8 years where he was focused on acquisitions, development and asset management responsibilities in the firm’s Atlanta office. From 2005 to 2007, he worked at HFF, where he closed over $2.3 billion in 19 real estate transactions. Taylor began his career in investment banking first with Deutsche Bank Securities, as part of their corporate finance health care group and later with a boutique investment bank, ThinkEquity Partners.
Taylor graduated from Princeton University in 2001 with a Bachelor of Arts.
Associate General Counsel
Mark participates, from the legal perspective, in the firm’s investment activities. Mark joined Rubenstein Partners in November 2015.
Prior to joining Rubenstein Partners, Mark was an attorney at Dechert LLP in Philadelphia where he focused on real estate finance and investing. Prior to Dechert, Mark was an attorney at Paul Hastings in San Francisco.
Mark graduated from Yale University in 2006 with a Bachelor of Arts and received his Juris Doctor degree from University of California, Berkeley – School of Law in 2010.
Director of Finance
Scott is responsible for working with lending institutions and similar capital providers, procuring new debt at both the property and fund level and managing debt across the portfolio in each fund. Scott joined Rubenstein Partners in July 2015.
Prior to joining Rubenstein Partners, Scott worked at KTR Capital Partners, where he was responsible for debt originations, debt portfolio management and cash management of the funds; the debt portfolio reached over $3.0 billion in total commitments and included portfolio financings, subscription facilities, fund level unsecured debt, build-to-suit and other construction loans as well as CMBS loan assumptions. From 2006 to 2011, he worked at LBC Credit Partners, a private equity firm focused on lending to middle market companies across the United States. In 2004, Scott began his career at Duff & Phelps, where he was focused on business valuation financial advisory.
Scott graduated from University of Maryland in 2004 with a Bachelor of Science.
Director of Asset Management
Craig works closely with Eric Schiela on numerous asset management activities, including the coordination of operating plans and budgets for all of the properties with the corporate level operating plan, as well as initiating the implementation of best practices throughout the firm’s portfolio. In addition, Craig serves as the asset manager with respect to certain properties, particularly those without third-party operating partners. Over the years, Craig has worked directly on numerous Rubenstein investments, including, most recently, NASCAR Plaza, One Washington Square and several properties located in the Washington, D.C. metro area.
Craig joined the predecessor company in 1994 as a Portfolio Manager. Craig brings extensive experience in portfolio budgeting and forecasting, decision modeling, and project management and organization. In June 1986, Craig joined the Prudential Mortgage Capital Company where, over several years, he originated over $300 million in commercial real estate loans in the Washington, D.C. and Philadelphia markets. In 1991, he was named Director of Mortgage Asset Management for the firm’s Mid-Atlantic office, where he had regional responsibility for loan servicing and workouts. In 1993, Craig joined Coopers & Lybrand, where he oversaw the management, workout and liquidation of a $750 million real estate loan portfolio under a major Resolution Trust Corporation contract.
Craig graduated from The University of Pennsylvania in 1981 with a Bachelor of Science in Economics. He graduated from The Wharton School in 1986 with an MBA in Finance.