The Cornell Baker Program in Real Estate cordially welcomes Gerald Guterman, Senior Principal Partner and CEO of Guterman Partners, LLC to their weekly Distinguished Speaker Series. With a career in real estate beginning, as an 18 year-old night porter for Fred Trump, Mr. Guterman’s extensive perspective and understanding will undoubtedly further enhance the knowledge base of the student population.
Mr. Guterman’s business history covers multifamily residential, multi-tenant office, hotels, condominiums, and single-family residential. Guterman Partners has been responsible for planning, developing, and acquiring more than 18,000 units across 14 states, while additionally organizing, operating, providing strategic direction, and performance managing over 60,000 third-party owned luxury and market rate apartments in 10 states. Furthermore, Guterman Partners has been involved in the acquisition and planning of 31 different multi-tenant office buildings consisting of more than 3,250,000 square feet of net rentable area within 8 states. This square footage includes the largest single direct purchase of office properties and hotels (Patriot American Investors) in the history of the Resolution Trust Corporation. The office buildings within the portfolio became the foundation of the Mack-Cali Real Estate Investment Trust.
Moreover, Mr. Guterman’s strategic understanding of capital markets and finance has led to multiple international government appointments consisting of the following:
- United States Center for Strategic and International Studies, Washington, D.C.
- Chairman, Committee on Banking & Finance, Romania
- United States Center for Strategic and International Studies, Washington, D.C.
- Co-Chairman Committee for Enterprise Development,
- Government of Romania, Advisor to the Minister of Privatization
- Government of Romania, Financial Advisor to the President
- Government of Austria, Advisor for Eastern European refugees to the Interior Minister
Fortunately for the greater real estate population, Mr. Guterman does not hold onto to his learned education, but shares it, serving as a Lecturer on Real Estate Investment and Finance for the State University of New York and Condominium Conversions for the Practicing Law Institute of New York. Understanding the need to maintain electronic relevance, Mr. Guterman provides his clear and concise perspective on current real estate transactions and current events within social media. Recently, he published commentary about Blackstone’s highly controversial purchase of Stuyvesant Town and Peter Cooper Village on LinkedIn.
