The President of Greenfield Partners, Eugene Gorab has been instrumental in establishing the company as one of the top-performing real estate private equity firms in the country. In addition to an MBA from the University of Chicago, Eugene Gorab earned a bachelor’s degree in chemical engineering at Bucknell University, where he serves as a trustee. Formerly known as the University of Lewisburg, Bucknell University was founded in 1846 and has since earned high marks, placing 6th among universities that offer undergraduate engineering programs according to U.S. News & World Report 2019 rankings. Besides providing sufficient resources for student learning and postgraduate placement, Bucknell University also excels at student engagement by providing students with opportunities to learn and give back to the community through the Appalachia Service Project. In 2015, ten engineering students embarked on a challenging yet rewarding spring break experience by working on the construction of a single-story house in Jonesborough, Tennessee. During the service learning trip, the students helped install a mudsill, floor joists and decking, and the exterior and interior walls, nearly completing the framing of the house.
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An accomplished business executive, Eugene Gorab serves as the President and CEO of Greenfield Partners, LLC, a private investment firm that manages over $7 billion in real estate investments and operating companies. Eugene Gorab maintains active involvement with several nonprofit organizations, including the Urban Land Institute (ULI).
Founded in 1936, ULI is a network of real estate experts and other industry professionals who are committed to providing leadership in responsible land use and creating thriving communities around the world. ULI recently announced the start of registration for the 2019 Asia Pacific Summit that will be held in Shanghai on June 11-13, 2019. With a theme of “Delivering a Sustainable Future,” the summit will tackle important action steps that are necessary for businesses to achieve stability despite enhanced bank regulations and ongoing trade war tensions affecting the Chinese economy. Some of the activities to look forward to at the summit include the Young Leader Forum, the UrbanPlan Workshop, the Showcase & Pop Up Sessions, the Global Board Meeting, ULI Talks, and the Leadership Dinner. The last day of the summit will be dedicated to touring some of Shanghai’s most remarkable and innovative real estate developments The manager of more than $7 billion in real estate and operating companies, Eugene Gorab has served as the president of Greenfield Partners, LLC, for the past 20 years. In addition to leading a successful investment business, Eugene Gorab is an active member of professional organizations including the Urban Land Institute (ULI). A multidisciplinary real estate organization with a worldwide reach, ULI recently co-authored a report calling for greater industry attention on the investment risks posed by climate change. The report, called “Climate Risk and Real Estate Investment Decision-Making,” stresses the global need to implement strategies to mitigate investment losses and to accurately price climate change-associated risks into investment decisions. When assessing climate risk in real estate and formulating solutions, the ULI report asks investors to consider physical risks such as natural disasters as well as transitional risks such as new regulations, resource availability, and changing ideas about what constitutes a prime location. ULI projects that climate change will impact the real estate investment sector with higher operational costs and lower property values in some locations. The report was based on existing research as well as input from more than 25 investors and investment managers on three continents. The president and CEO of Greenfield Partners, LLC, Eugene Gorab manages the daily operations of the Connecticut-based private equity real estate firm. Active in the professional community, Eugene Gorab belongs to the Urban Land Institute (ULI). A research and education organization, ULI promotes the open exchange of ideas and information among its nearly 40,000 members. Recently, the organization released two reports focused on agrihood and healthy housing projects. These reports not only show developers how to create an agrihood or healthy housing projects that are financially successful, but also illustrate best practices in creating these projects that promote social sustainability and improve community health. The first report released by ULI was titled Healthy Housing for All: How Affordable Housing Is Leading the Way. This report analyzed six projects developed by ULI members to determine how health can positively impact residents and developers. It focused on four main insights, including the coordination of design, establishment of partnerships, and identification of healthy housing features. Meanwhile, Agrihoods: Cultivating Best Practices, the second report, discussed strategies for creating successful projects that highlighted food production and farms. The report discussed eight best practice areas, such as food, programming, and housing. Further, it included profiles from agrihood projects, along with common agrihood features. The president and CEO of Greenfield Partners, LLC, in Connecticut, Eugene Gorab has led the private-equity real estate firm he founded for more than 20 years. Also involved in community service work, Eugene Gorab has served as the director the Appalachia Service Project. Founded in 1969 by a United Methodist minister, the Appalachia Service Project organizes volunteers to perform major home repairs for people living in central Appalachia who otherwise would not be able to afford them. To date, some 410,000 volunteers have helped transform more than 18,000 homes into safer, drier, and warmer shelters for the families who live there. Structured as more than just home-repair assistance for low-income families, the Appalachia Service Project also offers benefits to its thousands of annual volunteers who have the chance to build transformative relationships with each other, staff, and the families they serve. The organization believes its work strengthens communities and enhances the lives of everyone involved by breaking down cultural, social, and economic barriers that usually keep people separate. An accomplished private equity real estate executive, Eugene Gorab has served as president of Greenfield Partners, LLC, for more than 20 years. In addition to managing in excess of $7 billion in real estate and operating companies, Eugene Gorab is an active member of professional organizations, including the Urban Land Institute. In December 2018, The Urban Land Institute organized a group of real estate, urban planning, and land use experts to visit Toa Baja, Puerto Rico, and confer with local officials on strategic disaster preparedness improvements for the island. The panel evaluated Puerto Rico’s economic development, housing, and land use protocols in order to increase community resilience in the face of future large-scale storms. During the visit, the experts addressed ways to mitigate environmental risks with appropriate land-use protocols, as well as strategies for growing public-private partnerships and investment opportunities. The panel spent time interviewing Toa Baja municipal officials, including mayor “Betito” Marquez. Before departing, the ULI panel drafted a report and delivered a presentation with disaster preparedness recommendations to the Toa Baja officials. The CEO and president of Greenfield Partners, LLC, a private equity real estate firm in Connecticut, Eugene Gorab has been working in the acquisition and investment in real estate for more than two decades. Active in the professional community, Eugene Gorab belongs to organizations such as the Urban Land Institute (ULI). In its efforts to promote the responsible use of land and the creation of sustainable communities, ULI regularly conducts surveys and other reports. The organization’s recent Greenprint Center for Building Performance report looked at the commercial real estate industry’s progress toward environmental sustainability. Data for the report came from Greenprint Center members, who are some of the leading real estate investors, owners, and financial institutions in the world. According to the report, Greenprint Center members are making significant progress in the reduction of water usage, waste disposal, energy consumption, and carbon emissions in their buildings. This puts them on track to surpass the Greenprint Center’s 2030 target of reducing emissions by at least 50 percent. Greenprint Center members reduced their emissions and energy consumption by employing a wide range of practices, including tenant engagement, waste reduction projects, and the installation of high-efficiency equipment. Because of these practices, emission reduction among members was equivalent to taking 12,600 cars off the road and planting 1.5 million trees. Eugene Gorab serves as the founder and chief executive officer at Greenfield Partners, a Connecticut-based real estate investment firm that has sponsored nine discretionary investment funds and secured capital investments from leading investors of over $7 billion. Eugene Gorab is an active member of the Urban Land Institute. Founded in 1936, the Urban Land Institute (ULI) is a nonprofit organization focused on education and research in real estate and urban development. Through donations, ULI facilitates various housing programs in the United States including the Terwilliger Center for Housing. ULI Terwilliger Center for Housing was established in 2007 in honor of longtime ULI member and former chairman J. Ronald Terwilliger, who donated $5 million to the ULI Foundation. The center aims to facilitate the creation and sustainability of affordable and workforce housing in communities across the United States. Guided by its mission, the center conducts research, analysis, and provides best practice recommendations on the effective land use and development priorities of ULI’s housing activities in the United States. The Terwilliger Center for Housing's research activities are sustained by gifts to ULI's annual fund. Eugene Gorab is a private equity executive focused on nationwide real estate opportunities that capitalize on funds from private and institutional investors. Eugene Gorab maintains a strong community commitment and has served as the director of Appalachia Service Project (ASP). Established half a century ago, the Tennessee-based Christian organization relies on volunteers and provides a remedy to substandard housing in Appalachian rural regions. A recent recovery effort in which ASP has contributed involves rebuilding homes a across southern West Virginia, where flooding took a major toll in the summer of 2016. The National Guard has guided efforts that focus on more than 400 cases spanning homes requiring rehabilitation and mobile homes in need of reconstruction and replacement. As one of the primary sub-grantees in this initiative, ASP has assumed responsibility for the rehabilitation of nearly 160 flood-damaged residences. The project buildings on previous RISE West Virginia initiatives were supported by a $150 million HUD grant. As described by a state official, the state is likely to reallocate grant funds that have not been used up to the present for ASP’s efforts. An experienced business executive, Eugene Gorab serves as the president and CEO of Greenfield Partners, LLC, a Connecticut-based real estate private equity investment firm with offices in Illinois, Texas, and Virginia. He manages over 50 employees and oversees the strategic direction and management of the company’s $7 billion in investments. Eugene Gorab maintains an active membership with the Pension Real Estate Association (PREA). A nonprofit organization established in 1979, PREA focuses on the study and development of the global real estate investment industry. PREA supports students and researchers in their study of real estate and related fields by offering several awards, including the John W. Koza Leadership Program. This program is named after PREA’s longtime supporter, board director, and former chairman, John Koza. The program aims to provide promising leaders in the institutional investor community with an opportunity to engage with PREA’s real estate development initiatives. While there are no age limits or work experience requirements, only the representatives of member firms who are considered as investors are eligible to participate in the program. Every year, the PREA Institutional Investor Council selects its recipients from a pool of nominees. The benefits of the program consist of a conference fee waiver and two-year travel stipend of up to $2,000 for each of the PREA’s events, including the Annual Investor Conference, Spring Conference, and PREA Institute. |
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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