NORFOLK, VA (April 28, 2018) – Harbor Group International, LLC (“HGI”), a privately-owned international real estate investment firm, has announced the promotion of Yisroel Berg, Matt Grabler, Meir Raskas, Karen Shrah and Timathie Zavala to Managing Directors.
“HGI’s continued success as an acquirer, owner and operator can be attributed directly to talent like these five individuals,” said T. Richard Litton, Jr., President of HGI, “Each of these Managing Directors has contributed directly to our success as an investment company and we expect great accomplishments from them in their new roles.”
Yisroel Berg serves as Managing Director of Acquisitions for Harbor Group International. Mr. Berg is responsible for the sourcing and underwriting of new multifamily opportunities, as well as coordinating due diligence and closing efforts for HGI’s multifamily acquisitions. His primary focus is on major and secondary markets in the Northeast, Southeast and Midwest. Mr. Berg also leads transactions on HGI’s Mortgage Bond B Pieces Purchases as well as sources the origination of mezzanine loans and preferred equity investments.
Matt Grabler serves as Managing Director of Acquisitions for Harbor Group International. Mr. Grabler is responsible for the sourcing and underwriting of new multifamily opportunities, as well as coordinating due diligence and closing efforts for Harbor Group’s multifamily acquisitions. Mr. Grabler also leads transactions within HGI’s alternative asset platform, which includes the origination of mezzanine loans and preferred equity fundings to 3rd party real estate sponsors and the purchase of mortgage bond B-pieces.
Meir Raskas is a Managing Director at HGI where he is responsible for capital raising and investor relationship management. Mr. Raskas also oversees the Baltimore office. Prior to joining Harbor Group in November 2007, Mr. Raskas was the founding owner & CEO of several healthcare ventures. Mr. Raskas attended Towson University. He is currently active in numerous community organizations and boards.
Karen Schrah serves as Senior Vice President for Harbor Group Management Co. and is responsible for multifamily property operations and maximizing the investments of 23,000 units in 12 states including Chicago, Texas, Georgia, Florida, North Carolina, Virginia, Maryland, Philadelphia, New Jersey, New York, Connecticut and Massachusetts and manages eighteen properties, 5,049 units, for third party clients in the Maryland, Florida, Texas, and Virginia markets. Ms. Schrah’s role encompasses property management, leasing, marketing, construction, training, team building and is actively involved in underwriting of acquisitions, due diligence and capital enhancement programs.
Timathie Zavala is an asset manager for Harbor Group International’s portfolio of Class A/B multifamily assets. Her portfolio consists of 11,446 units in the Mid-Atlantic, Midwest and Southern United States. She works with HGI’s transactions team to onboard new acquisitions and with Harbor Group Management’s operations and capital projects teams to ensure that business plans are executed consistent with investor expectations and HGI’s standards on each new asset. She also works with regional teams on due diligence, underwriting analysis, disposition analysis and revising business plans to meet unforeseen challenges or to take advantage of new opportunities for the assets within her portfolio.
Harbor Group International, LLC, is a private real estate investment firm which controls a portfolio of worldwide assets valued at $7.3 billion. HGI is headquartered in Norfolk, Virginia with offices in New York, Baltimore and Tel Aviv. The company’s real estate holdings include 4.8 million square feet of commercial properties and 30,000 apartment units. For additional information, please visit www.harborgroupint.com.
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