SUN EQUITY - Key Persons
As Director of Operations, Abe Tress's critical skill set puts him right at the heart of Sun Equity's myriad operations teams. Young, energetic, bright and determined, Abe's oversight ranges from property management on site, to administrative operations at the office, to new property acquisitions and due diligence. Abe also oversees operating and expense budgets for the existing portfolio and serves as the company liaison to its network of brokers and realtors.
Andrew has joined Sun Equity's management team following a proven track record in the field. Andrew's veteran managerial expertise was developed over a longstanding career in the real estate industry. His unique combined skill set brings a strong handson oversight to the properties under his watch. A high-achiever by nature, Andrew's joining the Sun Equity Partners team provided a valuable asset to the company's operations.
Job Titles:
- Partner
- Founder and Managing Partner of Sun Equity Partners
With an accomplished, professional background in all facets of real estate analytics, Barry brings to Sun Equity Partners a critical and diverse skill set that lends itself virtually every angle of the company's due diligence process. From feasibility studies to market analyses and from value-add projections to overall deal assessments, Barry puts the full weight of his seasoned projection expertise at the company's disposal. Barry's longstanding experience in conceptual estimating, cost analysis, and estimate coordination play a critical role in Sun Equity Partners consistent record of identifying underperforming assets, value-add opportunities and executing sound, high-yield acquisitions, in all market conditions.
As a Property Accountant, Chanie oversees the preparation, verification and processing of monthly tenant invoices, as well as the posting and tracking of tenant receipts. In addition to her oversight of the transaction entries form lock boxes and local deposits, Chanie's accounting responsibilities include reconciliation of accounts receivable ledgers and the review and preparation of lease abstracts for new leases. Other tasks under Chanie's watch include assisting with annual real estate taxes, CAM reconciliations and other special accounting projects, as needed.
Job Titles:
- Vice President of Development and Construction
As Sun Equity's Vice President of Development and Construction, Charles Mannino oversees the activities of the professional and construction teams for all projects. Charles has over 35 years of experience in real estate development, redevelopment, construction management, and operations working with firms including Simon Property Group, Kushner Companies, and Garden Homes. Mr. Mannino has been involved in the development and construction of close to 4MM sf of commercial space and over 600 residential units in suburban and urban mixed-use settings and holds an engineering degree from the New Jersey Institute of Technology.
Devora Roth works in the Accounts Payable department at Sun Equity Partners. Her tasks include organizing vendor accounts, monitoring corporate bank activities, preparing and cutting checks. Additionally, Ms. Roth maintains oversight of project-related records, including contracts and change orders, and assists the controller with monthly bank reconciliations and other month-end items.
Job Titles:
- Asset Manager
- Director of Leasing at Sun Equity Partners
Ephraim Shapiro is the Director of Leasing at Sun Equity Partners. Mr. Shapiro is responsible for lease review, negotiation, and abstracting, and works closely with outside counsel to advise on lease business issues. Prior to joining Sun, he invested in distressed real estate properties and non-performing notes. He also spent eight years as a residential mortgage broker at Valley Funding and began his career in finance as an equity and options trader at Andover Trading and Options Express.
Gitty's multifaceted skill set is manifested in her role as Director of Marketing. Her flair for marketing and communications was honed over the course of her versatile career experience which runs the gamut from the non-profit sector to healthcare, direct sales, management and virtually everything in between. As Sun Equity Partner's Director of Marketing, Gitty maintains oversight of all inhouse marketing and communications projects. She also serves as the company liaison for all PR and marketing related services provided by outside vendors and consultants.
With an innate multi-tasking capacity and natural managerial acumen, Jake joined the company and immediately hit the ground running. Young, ambitious and dynamic, Jake is a critical point man, facilitating optimum coordination and support between the office and the field. With a passion for uncompromising perfection, Jake's personality and work ethic are invaluable assets to Sun Equity's management team. His business experience and industrious temperament come together on facilitating the day-to-day management with creative solutions to the inevitable hurdles along the way.
Job Titles:
- Controller
- Controller for Sun Equity Partners
Judy Teitelbaum is the Controller for Sun Equity Partners, overseeing the accounting for the company-owned portfolio. Prior to joining Sun, Ms. Teitelbaum was a senior property accountant at Magnum Real Estate Group. Previously, she worked in accounting at The Pyne Companies, Ltd. Ms. Teitelbaum earned her bachelor's degree in accounting from Touro College and is a licensed real estate salesperson.
Job Titles:
- Partner
- Founder and Managing Partner of Sun Equity Partners
Zev Schick is a dynamic force behind Sun Equity Partners' focused vision and achievements. The Company's myriad successes on diverse frontiers are a credit to Zev's astute perception in identifying strategic opportunities and latent equity potential. Mr. Schick's seasoned real estate savvy was developed over 12 years of buying, selling, owning and managing in excess of $1.2 billion in diverse property holdings across New York City's five boroughs and beyond. It is manifested in Sun Equity's emergence as an industry leader in the acquisitions and repositioning arena. Zev's encompassing ability to identify, secure, reposition and successfully bring to market a most diverse portfolio of lucrative projects has propelled the company to its position as a pacesetter for emerging market trends. This synthesis of strengths continues to drive Sun Equity's increasingly definitive role in today's dynamic market.
As a founder and managing partner of Sun Equity Partners, Avy brings to the company a proven track record of strategic real estate investment, development and management. Avy founded Sun Realty Capital in 2002 to own, develop, and manage commercial, retail, and residential properties. Mr. Azeroual has executed transactions totaling over 9MM SF of space throughout the United States with total valuations of over $2B. Sun Realty Capital is currently headquartered in New York with offices in Los Angeles, Berlin, Paris, and Casablanca. The Azeroual family has been involved in real estate for over 60 years, with an established reputation as a high-quality property owner, investor, and developer of projects spanning several continents. The family currently controls over 12MM SF of combined office, residential and retail worldwide, valued in excess of $1.5B (including positions held by joint venture partners). Among its holdings are 31 West 34th Street and 909 Third Avenue in New York City.
Mendel Tress is a founder and managing partner of Sun Equity Partners. With more than three decades in the industry, Mr. Tress has leveraged his veteran expertise in the acquisitions and equity markets to propel the company to its current status as a dynamic industry leader. Prior to forming Sun Equity, Mr. Tress founded Gibraltar Equity Group in 2008, a firm specializing in the purchase of non-performing debt. Under his direction, Gibraltar purchased distressed loans with an aggregate face value of $185MM. His establishment of Gibraltar followed a successful career in the residential mortgage industry at Valley Funding LLC, a brokerage established by Mr. Tress in 1995. At the time of its sale in 2007, Valley Funding had grown to three branches and 53 employees. Mr. Tress's foray into real estate began early in his business career with his forming of Esquire Properties in 1986. Esquire focused on the purchase of multifamily properties, eventually buying and managing a portfolio of some 40 properties.
As an Executive Assistant, Rivka Hirsch provides critical backend office support to the executive team. Her duties include management of operating agreements, investor relations, as well as maintenance of the executive team's personal day-to-day tasks and scheduling needs. In her capacity as the liaison between executives and their contacts, Ms. Hirsch executes meeting arrangements, venue bookings, travel arrangements and itineraries, as well as internal and external correspondence. Prior to joining Sun Equity, Rivka served in the accounting department at the Lightstone Group.
Robert's astute sense of business and market prediction, along with his on-target research expertise and due diligence play a critical role in Sun Equity's proven track record of successful acquisitions. Robert's adept negotiating skills come to play in contract negotiation, dialogue with attorneys and all facets of assembling the nuts-and-bolts of the deal. These combined strengths along with the team's boots-on-the-ground in the field are leveraged in Sun Equity's emergence as a prominent player in the arena.
Sun Equity is a privately-held real estate investment and development firm founded in 2010 that specializes in the acquisition, expansion, renovation and operation of office retail, shopping centers and residential properties. With decades of real-world experience, Sun Equity is led by a strong team of partners and competent management staff who know every aspect of the real estate world.