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Glenn Blumenthal is a seasoned real estate executive with more than 25 years experience managing large-scale, geographically diverse multi-sector real estate operations in all phases of business development, capital markets, and asset management. Highly entrepreneurial, he is known for his deal-making and negotiating skills and long-term perspective on quality and operational performance.
In 1999, he Co-founded and was Chief Operating Officer for American Financial Realty Trust (NYSE:AFR), a $5 billion self-managed publicly traded REIT that focused on acquiring and operating real estate leased to financial institutions. The company managed over 44 million square feet, with annual revenues of $451 million and raised $1.9B in equity capital. Major clients included: Wachovia, Bank of America, State Street and Citizens Bank. He successfully sold AFR in 2008. In 1992 he joined First Union Bank as Vice President in their CRE division responsible for the Mid-Atlantic States. In 1988, he joined the Resolution Trust Corporation (RTC), a United States Government-owned asset management company, responsible for liquidating assets (primarily real estate-related assets, including mortgage loans) seized from Savings & Loan institutions. Prior to the RTC, he was Development Coordinator for a local PA Builder.
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Glenn Blumenthal - Principal
