With a bachelor's degree in chemical engineering and an MBA in business, Eugene Gorab has spent the past 21 years leading Greenfield Partners as CEO and president. In addition, Eugene Gorab sits on the Board of Trustees of his alma mater, Bucknell University. A private and highly selective school, Bucknell University has been educating undergraduate and graduate students since 1846. According to a survey administered by the institution’s Career Development Center, Bucknell’s class of 2017 broke the school’s previous record for the highest-paid graduates. The university conducted the survey approximately nine months after graduation and heard responses from 859 of 867 graduates. Roughly 96 percent of respondents were working at jobs, doing volunteer work, or preparing for or attending graduate school. About 3 percent were still seeking employment, and 1 percent of respondents were engaged in other activities. The average annual salary for working graduates of Bucknell University was nearly $57,000. This was more than $2,000 higher than the average annual salary of the class of 2016.
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Eugene Gorab leads Connecticut-based real estate private equity firm Greenfield Partners as president and CEO. Eugene Gorab and Greenfield Partners cover a variety of tasks in real estate investing, including due diligence. An important part of every real estate transaction, due diligence entails: - Knowing the market. Real estate investors have a big advantage when they invest in familiar markets. For this reason, every investor must have a good understanding of the markets, including market fluctuations, rental demand, and average prices in the area. - Researching the history. Ownership history may seem unimportant, but it can reveal much about the care a property has received. Foreclosure and length of ownership may provide clues about the way previous owners have treated the buildings and land. - Inspecting the property. Investors must have a licensed inspector go over the property. During a property inspection, inspectors may spot water damage, structural issues, and other major problems that will affect the price of the property. A leader in the private equity real estate industry, Eugene Gorab is the founder, president, and CEO of Greenfield Partners, LLC. Since establishing the firm in 1997, he has successfully sponsored nine discretionary investment funds and secured more than $4 billion in capital commitments. Eugene Gorab maintains active membership with the Pension Real Estate Association (PREA), a nonprofit trade association that facilitates interactive forums for the global institutional real estate investment community. Committed to advancing education, PREA offers annual scholarships to promising undergraduate and graduate real estate students. To establish criteria for eligibility, PREA works with Scholarship America, a philanthropic organization that helps corporations, foundations, and individuals with managing and awarding scholarships. PREA also partners with the Robert A. Toigo Foundation to grant a joint scholarship and fellowship to minority and women students. In 2017, PREA contributed a total of $20,000 to nine deserving students. Additionally, the PREA/Toigo scholarship awarded $10,000 to four minority students pursuing an education in real estate. As the founder, president, and CEO of the private equity real estate firm Greenfield Partners, LLC, Eugene Gorab manages over $7 billion in real estate and capital investments. Eugene Gorab is also an active member of the Pension Real Estate Association (PREA), a nonprofit organization committed to promoting educational forums, research initiatives, and knowledge sharing among its worldwide corporate membership. As part of its mission to disseminate valuable information about the dynamics of the real estate industry, PREA hosts the annual PREA Institute. The PREA Institute is established in collaboration with major universities, real estate centers, and industry leaders across the United States to discuss issues and developments in the real estate industry. In 2018, the PREA Institute was held at the Tata Innovation Center on Cornell Tech’s Roosevelt Island campus. Spanning two days in June, the event opened with welcome remarks by Eric Wurtzebach, committee chair of the PREA Institute and senior managing director of Macquarie Capital. Professors and faculty directors from Cornell University and New York University spoke on macroeconomic trends and expectations, urban policies and infrastructure, hospitality industry trends, and relevant technology trends impacting the industry. For more than 20 years, Eugene Gorab has been serving as the president and CEO of Greenfield Partners, LLC. In addition, Eugene Gorab is a member of the Real Estate Roundtable. Seeking to solve key national policy issues related to real estate, Real Estate Roundtable members identify, analyze, and coordinate policy positions and initiatives. Membership in the Real Estate Roundtable is by invitation only. Invitations are sent to chairmen, presidents, CEOs, and equivalent leaders who make significant contributions in the commercial real estate industry. Members are split into two categories: Roundtable members and President’s Council members. Roundtable members decide on the organization’s overall policy direction and ensure that real estate trade associations apply the set advocacy strategies. These members attend four meetings each year. President’s Council members concentrate on policy issues that influence the real estate business and the economy. Members in this category participate in annual meetings and “State of the Industry” meetings. |
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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