Daniel Corwin
Senior Vice President, Head of Asset Management at Gazit Horizons- Claim this Profile
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Bio
Will Obeid
Dan has a very strong work ethic matched with strong analytical skills. He interacted easily with everyone, and would focus on getting his assignments done completely and on time. He has a good sense of how to value and look at real estate from an operating perspective.
LinkedIn User
Professionally, I’ve known Danial for some time. In this time he has proven himself to be trustworthy, dedicated and hard working. He brought a fresh approach to our business and exemplified the characteristics we hold with high regard. He is respected by his peers and represents the utmost integrity and professionalism when dealing with clients. It is these characteristics that attracted us to him and why we hired him. Thus I can say without regard, that I believe Daniel will bring the same enthusiasm, integrity and professionalism to the position your are seeking to fill. I am happy to recommend him.
Will Obeid
Dan has a very strong work ethic matched with strong analytical skills. He interacted easily with everyone, and would focus on getting his assignments done completely and on time. He has a good sense of how to value and look at real estate from an operating perspective.
LinkedIn User
Professionally, I’ve known Danial for some time. In this time he has proven himself to be trustworthy, dedicated and hard working. He brought a fresh approach to our business and exemplified the characteristics we hold with high regard. He is respected by his peers and represents the utmost integrity and professionalism when dealing with clients. It is these characteristics that attracted us to him and why we hired him. Thus I can say without regard, that I believe Daniel will bring the same enthusiasm, integrity and professionalism to the position your are seeking to fill. I am happy to recommend him.
Will Obeid
Dan has a very strong work ethic matched with strong analytical skills. He interacted easily with everyone, and would focus on getting his assignments done completely and on time. He has a good sense of how to value and look at real estate from an operating perspective.
LinkedIn User
Professionally, I’ve known Danial for some time. In this time he has proven himself to be trustworthy, dedicated and hard working. He brought a fresh approach to our business and exemplified the characteristics we hold with high regard. He is respected by his peers and represents the utmost integrity and professionalism when dealing with clients. It is these characteristics that attracted us to him and why we hired him. Thus I can say without regard, that I believe Daniel will bring the same enthusiasm, integrity and professionalism to the position your are seeking to fill. I am happy to recommend him.
Will Obeid
Dan has a very strong work ethic matched with strong analytical skills. He interacted easily with everyone, and would focus on getting his assignments done completely and on time. He has a good sense of how to value and look at real estate from an operating perspective.
LinkedIn User
Professionally, I’ve known Danial for some time. In this time he has proven himself to be trustworthy, dedicated and hard working. He brought a fresh approach to our business and exemplified the characteristics we hold with high regard. He is respected by his peers and represents the utmost integrity and professionalism when dealing with clients. It is these characteristics that attracted us to him and why we hired him. Thus I can say without regard, that I believe Daniel will bring the same enthusiasm, integrity and professionalism to the position your are seeking to fill. I am happy to recommend him.
Experience
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Gazit Horizons
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United States
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Leasing Non-residential Real Estate
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1 - 100 Employee
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Senior Vice President, Head of Asset Management
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Mar 2023 - Present
Gazit Horizons is a subsidiary of G-City, a publicly-traded Israeli real estate company, and is focused on urban retail and mixed-use properties. We are well-capitalized, long-term buyers prepared to deploy capital as a competitive advantage with the goal of investing an additional $2 – $3 billion within five years. Gazit Horizons is a subsidiary of G-City, a publicly-traded Israeli real estate company, and is focused on urban retail and mixed-use properties. We are well-capitalized, long-term buyers prepared to deploy capital as a competitive advantage with the goal of investing an additional $2 – $3 billion within five years.
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Consultant - Acquisitions and Loan Workout
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Mar 1998 - Present
Advised and assisted in purchasing lifestyle shopping centers and power centers throughout the country including the Howard Hughes Promenade in Los Angeles, CA, Market Square in Fort Myers, FL, Preston Center Pavilion in Dallas, TX, and Park Place at Short Pump Mall in Richmond, VA. Spotted and pursued potential real estate properties for purchase through broker networking and extensive due diligence; conducted site inspections, abstracted leases, analyzed market demographics, and performed tenant interviews for acquisitions including retail, office, hotel, and residential assets throughout the United States. Navigated workout of 440-unit, 406,784 SF multifamily TIC property in Doraville, GA. Building Superintendent and Landlord Liaison from 1998 – 2003 (DanAsh, LLC). Handled all maintenance for a 13,300 square foot neighborhood office building. Abstracted leases, collected rents, and showed vacancies to leasing prospects.
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Strategic Property Partners
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United States
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Real Estate
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1 - 100 Employee
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SVP, Head of Real Estate Asset Management
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Jul 2022 - Mar 2023
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Vice President, Head of Real Estate Asset Management
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Sep 2021 - Jul 2022
Strategic Property Partners, LLC is a partnership between Cascade Investment, LLC (Bill Gates) and Jeff Vinik (owner of the Tampa Bay Lightning). SPP’s development approach of integrating the principles of walkability, sustainability, connectivity, design quality, and wellness, serves as a catalyst to regional success and growth.
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Federal Realty Investment Trust
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United States
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Leasing Non-residential Real Estate
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200 - 300 Employee
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Director, Asset Management - Mixed Use
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May 2016 - Aug 2021
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Grosvenor
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United Kingdom
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Real Estate
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500 - 600 Employee
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Asset Manager
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Aug 2013 - May 2016
Key Accomplishments: Led $22.5 million renovation of 1500 K Street, a 261,796 square foot, Class A, historic office property in Washington, DC. The re-positioning program included multiple lobby renovations, world class building-wide HVAC replacement, roof replacement, new fitness center, re-imagined marketing campaign, and exterior, rooftop terrace, and garage upgrades. Developed and executed the redevelopment and re-positioning of Wheelhouse, a 491 unit multifamily asset in Fairfax, Virginia, that resulted in a 9.1% year-one increase in effective rents during a period with zero market rent growth. The $7 million renovation program included a complete branding overhaul with name and logo change, unit interior upgrades, clubhouse remodel, new fitness center, pool area improvements, and other exterior amenity upgrades. Negotiated the largest private-firm office lease in Washington, DC in 1Q15. This above-market 91,973 RSF lease included $102 million of base rent during the initial lease term from a strong credit tenant. Responsibilities: Identified value creation opportunities and developed strategies to maximize investor returns and long-term property value enhancement with a strong focus on asset re-positioning/redevelopment, leasing, expense management, and tenant relations. Hired and led third party teams responsible for the implementation of leasing, operations, and redevelopment initiatives, including leasing brokers, property managers, attorneys, architects, engineers, and other consultants. Directed quarterly valuations and hold/sell analyses of assigned portfolio. Negotiated all leases to maximize property value and mitigate risk. Developed and executed long-term capital improvements and property maintenance plans. Prepared monthly/quarterly/annual reports, annual budgets, and budget re-forecasts.
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CWCapital
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United States
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Financial Services
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100 - 200 Employee
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Associate Asset Manager - Retail REO
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Jan 2010 - Aug 2013
Led the east coast Retail REO team. As of January 2013, the portfolio included 44 retail assets encompassing 5.15 million square feet with a UPB of $677 million. Properties were located in NY, NJ, DE, PA, DC, MD, VA, NC, SC, GA, FL, MS, AL, KY, NV and AZ. Disposed of 45 assets encompassing 3 million SF resulting in $219 million of gross proceeds. Negotiated and executed over 150 leases. Hired and negotiated the fee structures for all third parties including receivers, attorneys, property managers, leasing agents, construction managers and investment sales brokers. Played critical role in the redevelopment and sale of Fair Lakes Promenade in Fairfax, VA; nominated by Washington Business Journal as “Retail deal of the year.”
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Wells Fargo
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United States
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Financial Services
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700 & Above Employee
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Analyst
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Mar 2008 - Jan 2010
Responsible for day-to-day asset management of a $720 million commercial real estate loan portfolio, strengthened client relationships (public REITs, private equity funds, and private real estate developers), monitored client financial health, modified troubled loans, and vetted new loan cross-selling opportunities to maximize portfolio performance. Analyzed and underwrote debt financing for development projects, credit lines, and property acquisitions of all asset types. Analysis included cash flow modeling, pro-forma analysis, sensitivity analysis, market analysis, and client credit analysis.
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Elevation Real Estate Group
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Commercial Real Estate
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1 - 100 Employee
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Intern
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May 2007 - Aug 2007
• Financial Analyst – Analyzed and priced Gemini’s entire national portfolio of real estate assets including strip centers, malls, and hotels for possible sale; Modeled proposed acquisitions in Argus; Standardized the acquisitions to property management transfer procedure; Analyzed Manhattan hotel market trends. • Asset Management – Leasing consultant for 22 “trophy” properties nation wide; Analyzed competitor properties and provided recommendations to management; Negotiated utility, landscaping, and security contracts.
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Education
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The George Washington University - School of Business
Finance, Finance