Preston Pesek

Preston Pesek Email and Phone Number

Founder and CEO @ Watershed Electric
West Vancouver, BC, CA
Preston Pesek's Location
New York, New York, United States, United States
Preston Pesek's Contact Details
About Preston Pesek

Preston Pesek in an entrepreneur focused on transforming the physical relics of the industrial age, and preparing them to accommodate the new patterns space consumption of the information age.The generation that owns the future seeks to use urban real estate as a service, on demand. Intelligent landlords who can accommodate these new patterns, can deliver extraordinary value to their occupants, and create more for themselves in the process. This requires a reimagining of traditional property rights, as well as reconfigurations of physical infrastructure.Spacious is a tech-enabled hospitality company, that deploys a variety of innovative property rights techniques, to deliver to its customers an affordable city-wide network of places, where they can access the digital information they need, in a stylish and social environment that evokes a feeling of hospitality and well being.Spacious was a venture backed, technology first business that exited via a sale to WeWork in August 2019.Previously, Preston worked for Fortress Investment Group from 2006-2012, where he managed a broad range of real estate investments on behalf of multiple Fortress funds. Deals were mostly atypical, either as unusual or novel property types, or standard properties that were financed in innovative ways. Covered all property types in the U.S. and international locations, spanning everything from acquisitions, developments and asset management, to complex distressed loan workouts, opportunistic maneuvers within securitizations, multi-tiered debt and equity structures. Preston worked on CRE-CDO mortgage REITs, investments within hybrid hedge funds, and helped PE portfolio companies optimize real estate assets owned on the balance sheets of diversified companies.

Preston Pesek's Current Company Details
Watershed Electric

Watershed Electric

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Founder and CEO
West Vancouver, BC, CA
Preston Pesek Work Experience Details
  • Watershed Electric
    Founder And Ceo
    Watershed Electric
    West Vancouver, Bc, Ca
  • Natml
    Chief Strategy Officer (Cso)
    Natml Aug 2022 - Present
    https://www.fxn.ai/
  • Wework
    Platform Integration (Untitled)
    Wework Aug 2019 - Mar 2020
    New York, Ny, Us
    Post-merger integration of Spacious software for use by WeWork On Demand.
  • Spacious.Com (Acquired By Wework)
    Cofounder & Ceo
    Spacious.Com (Acquired By Wework) Jun 2012 - Aug 2019
    Spacious offers a network of extraordinary drop-in retail urban spaces for a mobile and independent workforce to host meetings and work outside of a traditional office environment.www.spacious.com
  • Fortress Investment Group
    Vice President
    Fortress Investment Group Sep 2006 - Apr 2012
    New York, New York, Us
    Responsible for commercial real estate investments owned by multiple Fortress-managed private equity and hedge funds. All property types, domestic & international, at various stages of the investment life cycle, including new developments, stabilized properties, recapitalization, disposition & restructuring of distressed assets. Investments included property acquisitions, high yield credit lending backed by real estate and/or personal guarantees, preferred equity, mezzanine debt, whole loan mortgages, construction loans, B-notes & various classes of "tranched" debt, CMBS bonds, B-pieces, CRE CDO bonds, corporate loans on real estate related portfolio companies owned by Fortress Private Equity, and more. Many investments involved converting one type of security to another through foreclosure or restructuring, trading debt within an existing capital structure to gain control rights to acquire, restructure or dispose of key assets.Direct interests in, or counter party to: sponsor/owner, lender, borrower, special servicer, master servicer, member of syndicated debt stack, co-lender, foreclosing lender, restructuring lender, loan originator, etc.
  • Sl Green Realty Corp.
    Commercial Loan Originations
    Sl Green Realty Corp. 2005 - 2006
    New York, Ny, Us
    Performed property underwriting and credit due diligence for the origination of commercial real estate mortgage and mezzanine loans intended for securitization in CRE CDO's managed by Gramercy Capital Corp.Prepared and presented investment pitches for the credit committee, governed by the executive managers of SL Green Realty Corp.
  • Miro Rivera Architects
    Project Management & Business Development
    Miro Rivera Architects Aug 2003 - Aug 2004
    Assisted partners and lead architects in the procurement & sourcing of materials, and the management of general contractor and client relationships. Miro Rivera is an award winning, full service design & build architecture firm, working from conception to completion of the development & construction process, creating original, contemporary, world class architecture.http://www.mirorivera.com/
  • Intrawest
    Director Of Housekeeping & Construction Coordination
    Intrawest Jan 2002 - Jun 2003
    Denver, Co, Us
    The property is a mixed use condo-hotel development at the base of Squaw Valley ski mountain. Managed housekeeping operations & oversaw construction completion while new buildings were incrementally being brought online during a multi-phase development. Hired and managed a housekeeping staff of 30+ employees, and developed systems of organization for the day to day housekeeping operations of a 200 room hotel condo operationWorked with general contractors, construction managers, building & software engineers, using Spanish language skills to communicate with housekeeping staff and construction workers during the earliest stages of new building operations.
  • Liberty School Of Languages
    Instructor
    Liberty School Of Languages Aug 2001 - Dec 2001
    Taught English to middle-school students at a private language school in Barcelona.

Preston Pesek Skills

Asset Management Due Diligence Investments Private Equity Commercial Real Estate Mergers And Acquisitions Business Development Portfolio Management Real Estate Valuation Loans Financial Modeling Financial Structuring Hedge Funds Structured Finance Equities Alternative Investments Capital Markets Real Estate Economics Asset Managment

Preston Pesek Education Details

  • New York University
    New York University
    Real Estate Finance
  • The University Of Texas At Austin
    The University Of Texas At Austin
    English

Frequently Asked Questions about Preston Pesek

What company does Preston Pesek work for?

Preston Pesek works for Watershed Electric

What is Preston Pesek's role at the current company?

Preston Pesek's current role is Founder and CEO.

What is Preston Pesek's email address?

Preston Pesek's email address is pr****@****ail.com

What is Preston Pesek's direct phone number?

Preston Pesek's direct phone number is +153044*****

What schools did Preston Pesek attend?

Preston Pesek attended New York University, The University Of Texas At Austin.

What are some of Preston Pesek's interests?

Preston Pesek has interest in Economic Empowerment, Civil Rights And Social Action, Education, Environment, Science And Technology.

What skills is Preston Pesek known for?

Preston Pesek has skills like Asset Management, Due Diligence, Investments, Private Equity, Commercial Real Estate, Mergers And Acquisitions, Business Development, Portfolio Management, Real Estate, Valuation, Loans, Financial Modeling.

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