Senior Vice President
CurrentUPDATE: Nothing changed....except my career. I stopped practicing law December 31, 2019 and started with WhiteStar Advisors, LLC on January 1, 2019. After over 44 years of law practice serving ERISA regulated Taft-Hartley multi-employer trust funds, I wanted more time for me in a way that allowed me to stay active, using my skill set and universe of relationships to find strategic solutions for many issues of the trust funds.WhiteStar is a real estate investment manager. We do not invest in bonds or stocks. The reason is that pension trust funds usually have an actuarial assumption that requires a 7.5% rate of return, and a portfolios composed of only stocks and bonds are having difficulty attaining that rate of return. WhiteStar presents to trust funds an option to invest in the real estate asset class with a focus on making mezzanine loans to developers, which produce a rate of return ranging from 9-15% over a 3-5 year project development cycle.WhiteStar also is a Qualified Professional Asset Manager ("QPAM") to help trust funds comply with ERISA prohibited transaction requirements when a contemplated deal involves parties in interest.