Preston Pesek personal email
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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.
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Founder And CeoWatershed ElectricWest Vancouver, Bc, Ca
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Chief Strategy Officer (Cso)Natml Aug 2022 - Presenthttps://www.fxn.ai/ -
Platform Integration (Untitled)Wework Aug 2019 - Mar 2020New York, Ny, UsPost-merger integration of Spacious software for use by WeWork On Demand. -
Cofounder & CeoSpacious.Com (Acquired By Wework) Jun 2012 - Aug 2019Spacious 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
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Vice PresidentFortress Investment Group Sep 2006 - Apr 2012New York, New York, UsResponsible 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. -
Commercial Loan OriginationsSl Green Realty Corp. 2005 - 2006New York, Ny, UsPerformed 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. -
Project Management & Business DevelopmentMiro Rivera Architects Aug 2003 - Aug 2004Assisted 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/
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Director Of Housekeeping & Construction CoordinationIntrawest Jan 2002 - Jun 2003Denver, Co, UsThe 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. -
InstructorLiberty School Of Languages Aug 2001 - Dec 2001Taught English to middle-school students at a private language school in Barcelona.
Preston Pesek Skills
Preston Pesek Education Details
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New York UniversityReal Estate Finance -
The University Of Texas At AustinEnglish
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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