Gary Stevens engages in Executive in Residence
The Cornell Program in Real Estate is pleased to welcome Gary Stevens ’73, JD ’76 to campus for a weeklong executive-in-residence April 16 – 20.
During his visit Stevens will guest lecture in courses, hold office hours with students, participate in the Entrepreneurship Symposium, a campus-wide celebration, and take part in the Cornell Real Estate Review retreat, a strategic planning session involving advisory board members, faculty and students. He will also serve as a host for the Program in Real Estate’s Welcome Weekend for newly admitted students beginning in Fall 2007.
Stevens is the partner in charge of real estate investment activities at Landmark Partners Inc., a private equity secondary market specialty firm based in Simsbury, Connecticut. Since pioneering the market for secondary fund interests in 1990, Landmark has formed 20 private equity and real estate funds with $6.1 billion of capital.
“We are privileged that Gary will be available to share his depth of real estate experience and law background with our students in classroom, symposium, and informal small group settings,” said David Funk, director of the Program in Real Estate.
For 8 years prior to joining Landmark, Stevens was a Managing Director of The Carlyle Group, a diversified global private equity firm based in Washington, D.C. He joined Carlyle in 1996 to lead its real estate group in raising and investing equity capital for its real estate funds. Mr. Stevens was based in the firm’s Washington, DC office, where he focused on investment opportunities in the US and abroad.
Prior to joining Carlyle, Mr. Stevens was a senior executive officer of the J.E. Robert Companies, serving as Chief Operating Officer, General Counsel and Executive Vice President. After he joined JER in 1991 to direct portfolio acquisitions and manage the firm’s Principal Investment Group, JER became one of the largest purchasers of distressed U.S. commercial real estate assets, acquiring and managing, during his tenure, $9.9 billion in assets through 66 portfolio transactions involving 3,316 properties in 47 states. Acquired assets included interests in more than 42.2 million sf of office space, 88,400 apartment units, 23.2 million sf of retail space, 32.4 million sf of industrial/mixed use space, 11,900 hotel units, and 5,393 acres of land.
Mr. Stevens graduated magna cum laude from Cornell University from the College of Arts and Sciences in 1973, and received a J.D. degree from the Cornell Law School in 1976, where he was Note & Comment Editor of the Cornell International Law Journal.
The Entrepreneurship symposium is a two day campus-wide celebration held April 19-20 that will feature a number of events. The entire symposium is open to the public. To learn more about the upcoming symposium event, visit the website at Entrepreneurship@Cornell Celebration 2007.