Starwood Capital Group, a private investment firm and sponsor of non-traded real estate investment trusts, has hired Jeff Wechsler as managing director. In his new role, Wechsler will join Starwood’s acquisitions team and focus on New York and the surrounding tri-state area.
Wechsler has more than 15 years of experience in real estate, including acquisitions and asset management and development. Prior to joining Starwood, he served as managing director and co-head of New York Metro acquisitions at Tishman Speyer, where he oversaw and implemented the firm’s investment strategy for the region. He previously served as the firm’s head of New York Metro asset management and as head of Greater Boston acquisitions and development.
Over his time at Tishman Speyer, Wechsler oversaw the acquisition and development of 200 and 300 Pier 4 Boulevard in Boston, the redevelopment of 200 Park Avenue and the repositioning of 300 Park Avenue in New York City. He holds a bachelor’s degree in economics from Cornell University.
“We are excited to welcome Jeff, a seasoned executive who brings extensive experience in New York area real estate, to Starwood Capital’s acquisitions team,” said Chris Graham, senior managing director and head of real estate acquisitions for the Americas. “His deep industry relationships throughout the region and proven track record of strong performance and managing real estate portfolios make him an ideal candidate to enhance our expertise in New York and the tri-state area.”
Starwood Capital Group focuses on global real estate and renewable energy infrastructure. Since its inception in 1991, Starwood Capital has raised more than $65 billion of capital, and currently has approximately $115 billion of assets under management.
The company manages Starwood Real Estate Income Trust, a non-traded REIT, and Starwood Property Trust (NYSE: STWD), a publicly traded commercial mortgage REIT that manages a portfolio of nearly $25 billion across debt and equity investments.