Mr. Bauer has over 10 years experience as a real estate finance professional and has worked on over $45B of deals throughout his career. Mr. Bauer is responsible for sourcing and negotiating all transactions, as well as structuring the capital stack.
Prior to launching Borough Equities, Mr. Bauer was the CFO at Princeton Holdings, an investment firm in NYC, where he was responsible for all aspects of transactions including underwriting and due diligence components for acquisitions and dispositions and implementing tax strategies. He also participated in negotiations, particularly with sellers, JV partners, investors and lenders.
Prior to Princeton, Mr. Bauer was a Director in the Real Estate Advisory Group at FTI Consulting (NYSE: FCN), where he worked on domestic and international engagements including acquisitions, diligence, financial underwriting, valuations, restructuring, portfolio and operational optimization, master planning and land use, and market and economic feasibility. Specifically, Mr. Bauer worked on the restructuring and optimization of a global portfolio valued over $40B (Lehman Brothers), master planning and land use strategies for international re-development sites over 6,000,000 square feet and $1B (Jeddah, Saudi Arabia), and the acquisition advisory for over 5MM square feet of hospitality, commercial, and retail (various).
Prior to FTI, Mr. Bauer was an Accounting Manager at Apax Partners, a global private equity firm, where he was responsible for the complete administration and financial reporting for over 15 funds, containing over $1B in assets, on both a US GAAP and Tax Basis.
Mr. Bauer is a Certified Public Accountant and Licensed Real Estate Broker in New York as well as Licensed Attorney in New York and New Jersey.
Mr. Kanaris is an experienced builder and developer in the New York Metropolitan area with 30 years of construction knowledge. He has orchestrated complex construction, rehabilitation, and development operations as a Principal and for other major New York firms.
Mr. Kanaris spearheads new construction and development opportunities and partnerships for Borough Equities. Recent Projects under his management have had construction budgets ranging from $5 to $75 million.
Among all his roles, Mr. Kanaris has been a site project manager for public and private construction and renovation projects, in charge of planning, scheduling, budgeting, and all other construction process activities. He takes an active role in the pre-development phase, with a focus on building quality and innovative housing that is attractive, energy efficient and eco-friendly. He takes a direct approach to monitoring and reviewing daily construction progress. In cooperation with general project managers he coordinates construction schedules, requisitions, cost estimating, change orders, city permits and inspections.
Mr. Kanaris still takes a hands on approach. Not one to avoid office work he has performed administrative duties such as financial management and planning.