PHOENIX - Key Persons
Frank Boccanfuso has over 30 years in the commercial real estate business, with experience in acquisition, finance, asset management, property management, leasing, development, construction and land planning.
Mr. Boccanfuso started his career with the Grubb and Ellis Company in 1985 as an associate and quickly rose to Senior Vice President, having ranked in the top 15 producers nationally, completing over $2,250,000,000 in gross leasing and sales transactions in his five years at the firm.
In 1990, Mr. Boccanfuso started FMB Real Estate Services, LLC as a corporate real estate consulting and brokerage company. FMB established extensive relationships with clients such as Citibank, Heinz, Tenneco, Mitsubishi Motors, The Metropolitan Transportation Authority, The State of New York, Northfork Bank, General Motors, Royal Bank of Canada, Principal Insurance, Guardian Life, Cablevision and New York Life.
In 1999, Mr. Boccanfuso started Phoenix Partners with the intent of investing in opportunistic real estate transactions in the New York Metropolitan area. Over the past 20 years the firm has successfully invested in transactions exceeding $3,900,000,000 in total market capitalization.
Mr. Boccanfuso graduated from Fordham University of New York City with a Bachelors Degree in Economics, and is a graduate of the Business School at the University of New Haven - Yale, with a Masters degree in Business Administration.
Jim Arcara has over 30 years of experience predominantly in operations. Prior to joining Phoenix Partners in 2007, Jim served as a Director at MAXX Properties - a large owner of commercial and multi-family properties with operations in 8 states. Mr. Arcara was responsible for the operation of enterprise-wide Systems Directing Property Management which was utilized to manage operations at both the property level and on a portfolio basis, from acquisition through disposition.
Prior to joining MAXX Properties, Mr. Arcara was a Director and Advisor to the Board of Directors at Alinabal, Inc. where he had accountability for all information technology and systems for North American operations. He has led transformational initiatives and large scale projects in the USA and overseas. His responsibilities have included asset management, property operations, operating budgets, capital improvement programs, tenant & supplier relations and information technology. Earlier in his career, Mr. Arcara worked at such companies as Materials Research Corporation (a division of SONY), PepsiCo, TORK Inc. and General Data Comm.
Mr. Arcara is a graduate of Iona College with a Bachelor of Business Administration degree in Management and Information Systems. In addition, he received his M.B.A. in Finance from the Hagan School of Business of Iona College.