George Fakiris

CEO, Founder

Commercial Real Estate Developer since 1972 with his headquarters in Roslyn Heights, New York , specializing in rehabilitation and construction of commercial properties which include: apartment complexes, office buildings, and warehouse buildings for his own personal portfolio. In addition, he provides contracting services for third party entities which include: construction projects from start-up, rehabilitation, and restoration.

Construction expertise is mostly concentrated on multifamily buildings in the United States southeastern sea board areas. He has also built overseas. Overseas projects include 848 condos and one million square foot shopping center in Israel and eleven McDonalds in Russia. He has built over two million square feet of commercial real estate.

Mr Fakiris’ strongest assets are his ability to complete projects ahead of schedule and within or below budget; his ability to locate good properties at discount prices and turn them around for high profits in a short timeframe.

Mr Fakiris has excellent credit and an impeccable reputation in the commercial real estate development industry and maintains an excellent banking relationship with his lenders

Personal: Enjoys tennis, reading, and travel.

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Dragan K. Kocic

Member and Director of Operations

Real Estate Professional with domestic and international experience in Asset Management, Property Management, Strategic Planning, Acquisitions & Dispositions, Special emphasis on value added opportunities and turnaround, with the track record in improving return on invested capital.

Residential, multi-family acquisition, reconstruction/ remodeling, repositioning of two properties consisting of 340 units, Lakeville Townhomes Community and Sterling Townhomes and Apartments in Memphis, TN, enhancing revenue, return on invested capital, operating performance, and project construction management, definition of the scope of work, contracts negotiating, coordination between sub-contractors, construction financing requisition and communication with the team of Bank Engineers, staff selection and supervision, application and compliance with PILOT program (Payment in lieu of taxes).

Key contributions:

Acquisition : Maximizing return on invested capital, cash-on cash, internal rate of return, PILOT benefit analysis, PILOT Application and successful outcome resulting in 10 years tax freeze at pre-construction level for Sterling Townhomes and Apartments Successfully petitioned to Memphis Board of Equalization, resulting in real estate tax freeze at pre-construction level for Lakeville Townhomes community, for tax year 2008.

Asset Management: Property Management System implementation to materialize attention and care multi-family properties need, design and implementation ofoperating cost reduction without sacrifice of level of service provided to tenants, analysis, selection and implementation of criteria to position two properties in close proximity to each other to create marketing appealing mix, monitoring and review of changes in fiscal area and tax policies affecting our industry and our business model.

Property Management:Built and lead the team of dedicated Management Team Members, with emphasis on highest standards in service to tenants, quality and safety, review and selection of property management system and IT, formulated scope of work, selection of contractors and subcontractors to perform very substantial renovation/ remodeling consisting of 25 major exterior and interior renovation categories, construction project management, develop policies and procedures to assure prompt rent collections, prospective tenants screening, legal services, prompt and quality preparation of units for rent- ready, quality improvements of maintenance team work, human resources management, emphasizing creativity, talent, transparency, critical and constructive approach to analysis and proposed solutions, continuous improvement, understanding of tenants needs, ethical and responsible approach to all activities and processes, importance and benefits of team work, complete adherence to Equal Housing Opportunity Act .

Operations Management: Helped create, review and select policies contributing and affecting productivity, safety, effectiveness and efficiency, constant workflow monitoring and improvements contributing to operational efficiency, research of newest trends and advances in the field suitable for implementation on our business model.

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Stacy Cohen

Financial Coordinator

From 1984-Present: Specialist in commercial mortgage financing. Function is to seek funding for various projects; acquisition loans, construction loans and rehab loans. Prepare and present all financial documents necessary of loan funding.

Analyze financial probability of commercial real estate projects.

Education:

Finance Masters Degree: New York University 1985

Bachelor of Business Degree: Hofstra University 1983

Personal:

Enjoys skiing, racquetball, and reading.

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