The Paul Milstein Center for Real Estate is pleased to welcome six new alumni to the Real Estate Circle: Matthew Baron ’07, Ronald Dickerman ’87, Robert Klein ’04, Mo Saraiya ’10, and Walter Stackler ’94 as Circle Leaders, and Anthony Albanese ’18 as an Associate. Get to know our new members below.
Matthew M. Baron is the President of Simon Baron Development, LLC. Since 2005, when Mr. Baron joined forces with Jonathan Simon, their company has grown from one employee and a few hundred million of assets to over $2 billion of assets and 15 professionals. Mr. Baron currently sits on the Board of Directors of the Long Island City BID, and is also a member of the Board of Directors of Ollie, which is a company he and Mr. Simon helped found. Mr. Baron was also an Adjunct Lecturer at New York University’s School of Continuing and Professional Studies where he taught a course on Real Estate Development. Mr. Baron holds a BS in Finance from NYU Stern and an MBA from Columbia Business School.
Ronald is President and Founder of Madison International Realty, a global, fully integrated real estate private equity firm providing joint venture and preferred equity to commercial real estate owners and investors within all major asset classes who are looking to recapitalize investments, restructure balance sheets, provide existing partners with an exit strategy or redeploy capital for new investments. His primary responsibilities include investment strategy, capital formation and risk management. Since its founding in 2002, Madison has raised more than $5.4 billion in capital commitments for investment in commercial real estate under Ronald’s guidance.
Mr. Dickerman has over 30 years of experience focused on the analysis, acquisition, financing, management and disposition of income-producing assets such as real estate, mortgage products, healthcare properties, leased equipment, media properties, oil & gas, as well as other specialty assets. Prior to founding Madison in 2002, Mr. Dickerman was President and Founder of First Equity Realty, LLC, a real estate investment firm specializing in the acquisition of under-performing real estate assets from financial institutions. He is an active member of numerous real estate industry trade organizations and a frequent speaker on the topic of secondary investments and liquidity at real estate conferences and universities throughout the country.
During the period from 1987 to 1991, Mr. Dickerman was an investment banker in the Real Estate / Partnership Finance Group at Smith Barney, Harris Upham & Co., Inc., where he was responsible for the origination, analysis, structuring, acquisition, asset management, disposition and marketing of real estate and other limited partnerships.
Mr. Dickerman serves on the board of directors of the Association of Foreign Investors in Real Estate (AFIRE) and is an active member of INREV, the Zell Lurie Institute, and a frequent speaker on the topic of secondary investments and liquidity at real estate conferences throughout the world. Mr. Dickerman earned a MBA degree from Columbia University’s Graduate School of Business and a BA degree from Tufts University.
Mr. Klein leads all of Monday Properties capital raising initiatives, including debt and equity from external partners. With nearly two decades of experience in commercial real estate, Mr. Klein has significant principal investment experience and extensive expertise representing public and private companies and special committees on mergers and acquisitions, joint ventures, strategic partnerships, portfolio acquisitions and sales, restructuring transactions, IPOs and strategic alternatives.
Throughout his career, Mr. Klein has been instrumental in completing more than $30 billion in various types of real estate transactions. Prior to joining Monday Properties, Mr. Klein was a Managing Director at Evercore Partners within the firm’s corporate advisory business focusing on real estate, gaming and hospitality, where he advised well known firms, including KBS REIT I and II, Duke Realty Corp., Dubai World Lender Committee, Westfield America, Iron Mountain, Fibra Uno, Community Healthcare Trust, Morgan Stanley Real Estate Special Situations Fund III, and creditors of Centro Properties Group. Earlier in his career, Mr. Klein held positions with Goldman Sachs and Reckson Associates, a publicly traded REIT.
Mr. Klein is an active member of Urban Land Institute (ULI), National Association of Real Estate Investment Trusts (NAREIT), International Council of Shopping Centers (ICSC), and the University of Florida’s Bergstrom Center Advisory Board. He graduated from the University of Florida Honors Program, with a Bachelor of Science in Business and he received his M.B.A. from Columbia Business School.
Mr. Saraiya is involved in all aspects of GCM Grosvenor’s real estate vertical, including deal sourcing, structuring, due diligence, asset management, and managing client relationships. Prior to joining GCM Grosvenor, Mr. Saraiya worked for CIM Group as a Vice President – Investments, responsible for sourcing, structuring and executing real estate debt and equity investments in the residential, office, retail, hospitality, and industrial sectors across North America. Previously, Mr. Saraiya worked at Friend Skoler & Company, a generalist private equity firm investing in middle market companies, and subsequently worked in general management roles for private equity portfolio companies including Hopkins Manufacturing as the Director of Operations Analysis, and Philosophy, Inc., as a Strategic Planning Associate. Prior to that, he worked for The Boston Consulting Group, a global management consulting firm. Mr. Saraiya received his Bachelor of Economics with a concentration in Finance from The Wharton School and Bachelor of Systems Engineering from the School of Engineering and Applied Sciences at the University of Pennsylvania, and his Master of Business Administration in Finance and Real Estate from Columbia Business School.
Walter Stackler has over 23 years of real estate related experience, including 17 years focused on capital raising for funds and joint ventures sponsored by private investment firms, real estate operating companies and public REITs. Investors in these vehicles have included public and corporate pension funds, sovereign wealth funds, foundations, endowments, insurance companies, commercial banks, family offices and other institutional and accredited investors. Prior to founding Shelter Rock, he was a Managing Director and co-founder of Greenhill’s Real Estate Capital Advisory group where he led project management and origination. Walter was previously a Managing Director, Co-Head and a founding member of the Credit Suisse Real Estate Private Fund Group (“REPFG”), which he joined in 2000 at Donaldson, Lufkin & Jenrette (“DLJ”) prior to its merger with Credit Suisse. Prior to the formation of REPFG in 2000, he was with DLJ’s Commercial Mortgage Group where he focused on the origination, underwriting and structuring of multi-family and commercial mortgages. Earlier in his career, Walter was with the Ernst & Young Kenneth Leventhal Real Estate Group where he specialized in distressed debt valuation, feasibility studies and strategic planning.
Walter holds a BS from the University of Richmond and an MBA from Columbia Business School.
Anthony joined the Albanese Organization (AO) in 2014 and works alongside the Acquisitions and Development team to develop best-in-class assets that successfully achieve long-term public and private partner goals and deliverables. Most recently, Anthony has concentrated his efforts on the firm's 40-acre, $500 million, community revitalization effort underway in Suffolk County, Long Island, where he and the AO team successfully closed over $120 million in public and private financing for three new mixed-income multifamily buildings totaling 301 rental units and 35,000 square feet of retail. Anthony holds a B.A. with Honors from Vanderbilt University and an M.B.A. in Real Estate from Columbia Business School in New York.
The Albanese Organization is a 70-year-old real estate developer, owner, and operator concentrated in the NY metro area. Since developing our first Manhattan residential tower in the 1980s, we've built over 5 million square feet of new multifamily rental, condo, hotel, and office in New York City and Long Island, with an emphasis on multifamily and public/private partnerships. With our full-service development and management platform, we focus on large-scale development and value-add opportunities in strong urban markets of NYC, New Jersey, Westchester, and Long Island.