Contributing to the real estate industry, Eugene Gorab serves as the chief executive officer and president of Greenfield Partners, LLC, a private equity real estate firm. Apart from the real estate business, Eugene Gorab is a graduate and trustee of Bucknell University. Previously known as the University at Lewisburg, Bucknell University sits on a 450-acre campus in Lewisburg, Pennsylvania. The campus welcomes visitors with different touring options, including facility tours, group tours, lunch visits, preview sessions, and open houses. This year’s two Fall Open House events feature a tour of the campus and its facilities. Visitors will meet some of the school’s professors, talk with current students, and learn about Bucknell’s academic programs. The event will also feature information about the application process and financial aid. The STEM Open House, for potential science, technology, engineering, and mathematics students, will take place September 29, 2018. The Arts and Humanities Open House, for potential philosophy, writing, literature, language, and performance and visual arts students, will be held October 12, 2018.
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University of Chicago MBA graduate Eugene Gorab sits as president and CEO of Greenfield Partners, LLC. Apart from his private equity real estate business, Eugene Gorab also serves as the director of the Appalachia Service Project (ASP). With a goal of building warm, safe, high-quality homes, ASP also aims to create relationships that surpass cultural, social, and economic differences among its workers and Appalachian families. The ASP’s Helping Hands program comprises volunteers who have provided their services for ASP in the past. These volunteers are tasked to mentor new groups, give general administrative support, and offer general construction and skilled trade support. Helping Hands mentoring volunteers work closely with groups from preparation to the actual time of service. Volunteers with special skills and licenses, such as plumbers and electricians, work with the program’s home repair coordinator to match their skills with the needs of individual projects. Volunteers who are available for general administrative support can take phone calls, answer mail, and perform data entry. Eugene Gorab is the CEO and president of Greenfield Partners, LLC. Prior to founding the private equity firm, Eugene Gorab served as a managing partner and senior executive of Starwood Capital Group, LLC, and is a member of the advocacy group The Real Estate Roundtable (RER). RER leverages its political influence through its political action committee, REALPAC. The mission of REALPAC is to bring the most pressing issues in the real estate industry to the forefront of national discussions and governmental policy. REALPAC uses contributions made by its members to support campaigns for political candidates who are active proponents of REALPAC's agenda. Funding decisions are made by a steering committee that reviews each candidate's positions on issues impacting the real estate sector. REALPAC endorses candidates of either political party who best align with its priorities. Though corporations are barred from making donations to groups such as REALPAC, individuals and partnerships can donate up to $5,000 per year. Under CEO Eugene Gorab’s leadership, the private equity firm Greenfield Partners, LLC, has continually expanded its operations since he founded the firm 21 years ago with just two employees. Beyond directing the management of over $7 billion in assets, Eugene Gorab is a member of the advocacy group Real Estate Roundtable (RER), which has placed legislative reforms on its agenda. RER proposes amending the Volcker Rule, which imposes regulations that limit the investment activity of banks and large financial institutions. The Volcker rule is part of a larger piece of financial legislation, the Dodd-Frank Wall Street Reform Act of 2010. The purpose of the rule was to avoid the type of high-risk investments that many experts believe contributed to the Great Recession of 2008. Since the rule took effect in 2015, banks cannot use deposits to engage in short-term securities trading or make speculative investments in private equity funds to earn a profit. Many representatives of the real estate industry, such as the Real Estate Roundtable, take the position that certain aspects of the Volcker Rule and Dodd-Frank Act are too restrictive and limit the amount of credit available for construction and development. Lobbyists from these groups are working to persuade Congress to reform and standardize the act’s provisions, especially those related to acquisition, development, and construction loans. Should these changes take effect, they will enable the real estate sector to obtain the capital it requires to meet current demands. |
AuthorCurrently, Eugene Gorab serves as the President and Chief Executive Officer of Greenfield Partners, LLC, a company he founded in 1997. Archives
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