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Federation Real Estate Group Builds for the Future
Ron Rubin, chairman of the board of trustees of the Pennsylvania Real Estate Investment Trust (PREIT), told members of the Jewish Federation Real Estate group that his long-term involvement in the Jewish community has "profoundly enriched his life."
Speaking at an Oct. 10 breakfast meeting at the Park Hyatt at the Bellevue -- the first in a series of breakfast meetings sponsored by this new affinity group of Jewish real estate professionals -- Rubin related that "the contacts I have made and the diverse experiences I have had through the years have given me a tremendous return on my investment of time and resources."
Rubin is a Federation past president and serves as a senior adviser to JFRE, which was founded last spring to provide, according to JFRE chair William Glazer "real estate solutions for our Jewish community challenges."
The group was a sponsor of Federation's second annual Mitzvah Mania day of social action on Nov. 2. Members raised funds for building materials and volunteered, along with their families, to repair, maintain and rebuild 10 homes in Northeast Philadelphia.
Dean Adler, CEO and co-founder of Lubert-Adler Partners, L.P., a real estate equity firm, helped to plan the breakfast series and sponsored the kick-off breakfast program.
He also participated in a panel discussion on the impact of the economy on the real estate industry along with Martin J. Cicco, who heads up global real estate investment banking for Merrill Lynch and Company.
The panel was moderated by Peter D. Linneman, the Albert Sussman Professor of Real Estate; Professor of Finance and Business and Public Policy at the University of Pennsylvania's Wharton School.