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PTM Partners Hires Vice President of Development

PTM Partners, a South Florida based real estate investment and development firm with more than $1 billion in qualified opportunity zone projects, has hired a vice president of development.

PTM Partners, a South Florida based real estate investment and development firm with more than $1 billion in qualified opportunity zone projects, has hired Shari Neissani as vice president of development. In her role, she will focus on projects within the portfolio that are in the pre-development phase.

Prior to joining PTM, Neissani served as the director of planning, development, and asset management at The Collective for their United States portfolio. She started her career in New York City as an associate director at The Moinian Group before moving on to Extell Development Company where she served as director of sales, asset and interior project management. She moved to Florida in 2016 and joined RedSky Capital LLC as senior vice president and head of South Florida. Neissani graduated from Yeshiva University, Stern College for Women, with a bachelor’s degree in international relations with a concentration on Middle Eastern affairs.

“Shari brings an extensive background in commercial real estate to PTM as well as a deep understanding of our overall objectives and intent with each project,” said Nicholas Pantuliano, chief development officer and chief operations officer of PTM. “Her deep understanding of the Miami market and seeing how it’s evolved over the last few years has already provided a fresh and innovative approach to our investment in the Edgewater neighborhood. She is a true asset to our team and will play a fundamental role in our current portfolio and in the planning phase as we identify new opportunities.”

The firm recently closed its second qualified opportunity zone fund, PTM Partners Opportunity Zone Fund II LP, after raising approximately $150 million of capital. According to PTM, the focus of the fund is to “further identify and develop residential, mixed-use and hospitality projects that are price-accessible to large portions of the population, while creating a positive impact on the communities in which they are built.”

PTM Partners is an ESG-focused real estate investment and development firm based in South Florida.

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