Fred Sabzevari Email & Phone Number

New York, New York, United States

Chestnut Holdings is a family-owned real estate investment and management firm with a strong track record as an owner-manager with over 300 properties throughout New York City focusing on multifamily, mixed used, and retail properties.

Greater New York City Area

Accomplishments: * Managed Shopping Center Commercial Lease, securing a deal for $19 psf on a 18,000 SF space or $28k per month lease. * Leased a 2300 SF 3 Br, high end luxury residence at 70 Pine St for $13,750 per month.Responsibilities* Work with high-net clients to manage residential leasing/sales using expertise of the real estate market, industry and trends. * Demonstrated strong research and organizational abilities to locate investment properties for clients. * Utilize consultation and communication strengths to advise clients in commercial leasing.* Nurture and establish relations with landlords and clients to increase company network and facilitate deal closing.

Greater New York City Area

Accomplishments* Oversaw renovations to support rent increase from $15.5 psf Harrow’s to $18 psf Homegoods on 25,719 sf. * Repositioned 40,000 SF space and signed new lease with BigLots.* Executed leases with Verizon Go Wireless, Samurai Sushi, Tilted Kilt, Schweiger Dermatology Group and NorthWell Health. * Reduced operational expenses by successfully negotiating contracts and sourcing quality contractors. * Successfully reduced property taxes with the assistance of a tax certiorari firm and property appraiser. Responsibilities: * Demonstrated strong account management skills to manage the 1 million square foot tristate portfolio, consisting of office, medical and retail properties with annual revenue of $15 million. * Managed operating and capital budgets, controlled expenses, and identified and reported variances using analytical abilities to promote effective financial management. * Coordinated with tenants to organize moves, buildouts as well as oversee logistics, inspections and permits are carried out. * Utilized communication and interpersonal skills to nurture relations with tenants to facilitate rent collection.* Applied contract management skills to oversee contractual needs and make adjustments based on property and occupancy. * Achieved higher rents on below market leases upon lease expirations and renewals.

Greater New York City Area

Accomplishments: * Secured several deals such as Staples Plaza Center in Riverhead, NY for $20 million. * Secured South Brunswick Square Mall in Monmouth Junction, NJ for $46 million.* Analyzed office acquisition in Times Square, NY; property was acquired from Moinian Group for $204 Million in April 2011. * Disposed of Erie Kmart property with outside broker (2017) to a Self Storage with the departure of K-Mart for $2.3 Million. Responsibilities: * Demonstrated strong analytical skills to evaluate office, retail, industrial, multifamily and mixed-use investment properties ranging from $10-100 Million in value. * Utilized detail-oriented skills to analyze cash flow, evaluate comprehensive market reports and lease comparables and comparative cost analysis to promote informed financial decision making. * Composed proformas using written communication and organizational skills to support the acquisition processes.

Bachelor Of Sciences And Biochemistry

Bachelor Of Sciences And Biochemistry