An active figure in the real estate industry, Eugene Gorab leads Greenfield Partners, a premier real estate private equity firm. Apart from overseeing his business, Eugene Gorab also serves as a trustee of Bucknell University. Bucknell University offers more than 100 undergraduate and graduate courses and facilitates summer activities including professional conferences and sports camps. Bucknell gives opportunities to anyone who wants to donate to the university’s causes. One way is by making a planned gift. A charitable donation from an estate, for instance, is a gift method that helps donors achieve their financial goals while helping the university fund its programs. A gift courtesy of a retirement plan is another way to give to Bucknell. This method, while it supports the university, also helps the donor by reducing his or her tax expense. A retirement plan gift suits anyone who has a 401(k) or 403(b) plan, owns other assets for inheritance and wants to leave payments to loved ones after death.
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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 founder and president of Greenfield Partners, LLC, Eugene Gorab is a prominent real estate investment professional based in Connecticut. Aside from leading a successful business, Eugene Gorab is a member of the Pension Real Estate Association (PREA), a nonprofit trade association for the global institutional real estate investment industry. Real estate investments are poised to experience growth, according to PREA’s 2019 Investor Intentions Survey, which found that around 50 percent of global institutional investors foresee increasing their allocations to real estate within the next two years. Only just over nine percent of respondents indicated a likely decrease in real estate investments over the same time period. The real estate sector remains attractive to institutional investors who desire to diversify their multi-asset class portfolio and seek reliable income returns. Of all assets held by U.S.-based investors, 33 percent is allocated to real estate investments, with a tendency to invest more in domestic real estate than in properties abroad. More than 140 institutional investors responded to the PREA survey, who together manage assets totaling $817.5 billion. 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. A graduate of The University of Chicago and Bucknell University, Eugene Gorab leverages more than 20 years of real estate investment experience to lead Greenfield Partners, LLC, as its president and CEO. Dedicated to supporting future students, Eugene Gorab serves as a trustee of Bucknell University. Since 1846, Bucknell University has been providing high-quality graduate and undergraduate programs to students. In fact, the institution was recently recognized as one of the top 30 colleges in the United States for producing the most Fortune 500 CEOs. Kittleman & Associates, an executive search firm, analyzed the resumes of every Fortune 500 CEO in the U.S. to determine where they received their undergraduate degrees. The institutions included in this list feature both public and private university systems that produced anywhere from three to 14 Fortune 500 CEOs. At the top of the list is the University of Wisconsin. The school maintains an enrollment of about 43,800 students and charged over $10,500 in in-state tuition and fees for the 2018-19 school year. Out-of-state tuition for the institution was $36,805. Following the University of Wisconsin was such prestigious universities as Harvard, Cornell, Stanford, and the University of Pennsylvania. Bucknell University, a private institution that maintains a total enrollment of about 3,678 students, came in 12th with a total of five Fortune 500 CEOs. Tuition for Bucknell for the 2018-19 year was $56,092. The president and CEO of Greenfield Partners, LLC, Eugene Gorab has been working in the real estate investment industry for more than three decades. Dedicated to remaining apprised of developments in the field, Eugene Gorab maintains active membership with the Pension Real Estate Association (PREA). Since 1979, PREA has been supporting real estate investors around the world. The organization does this via its interactive forums, sharing of valuable resources, and educational opportunities. In support of its mission, PREA became a sustaining sponsor of the Real Estate Research Institute (RERI) in 1991. A nonprofit organization, RERI supports research on real estate investment and market performance. Since both RERI and PREA have similar missions of disseminating valuable information to real estate investors, a partnership between the two entities was a logical decision. This partnership grants PREA administrative control of the Institute and rewards its members with the information they need to guide their activities within the field. More than 150 research papers have been funded by RERI over the years, thanks to the support of PREA and some of its member firms. These papers have focused on such topics as mispricing, commercial property price indexes, and optimal shopping mall composition. 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. A respected real estate investment professional based in Connecticut, Eugene Gorab is the founder and president of Greenfield Partners, LLC. After earning an undergraduate degree in chemical engineering at Bucknell University, Eugene Gorab went on to complete his MBA at the University of Chicago’s Booth School of Business. In addition to evening, weekend, and flexible full-time MBA program scheduling options, Chicago’s Booth School of Business offers executives the chance to receive customized, high-impact coursework. Leaving behind a cookie-cutter approach to advancing business leadership, Booth’s custom executive education programs immerse participants in a curriculum specifically designed to help them reach their leadership goals. The program includes carefully chosen case studies that are fully explored through interactive group discussions and simulations, as well as speakers chosen for their relevance to executives’ interests. In addition, the program includes special projects, co-designed with the student, that apply to his or her unique business objectives. Eugene Gorab is an accomplished private-equity real estate professional who has led the firm Greenfield Partners, LLC, for more than 20 years. In addition to growing his business from two employees to more than 50, Eugene Gorab is an active member of professional organizations including the Urban Land Institute and the Real Estate Roundtable. Recently, the Real Estate Roundtable announced that it had helped launch a new online career platform along with 28 other real estate industry organizations. Called “Careers Building Communities,” the website, in addition to connecting job-seekers with employment, is designed to encourage more students, educators, and mid-life career-changers to explore working in the real estate field. Visitors can use Careers Building Communities to access information about real estate industry trends and even take an interactive quiz to match their interests and skills with a role in a real estate business. With a focus on recruiting diverse talent, the career platform also will benefit industry employers who are currently experiencing a shortage of workers. |
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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