NEW YORK, NY - American Landmark, one of the fastest-growing multifamily owner-operators in the country, has appointed David Tepperman as Global Head – Capital Markets. David will be based in New York and will report to American Landmark CEO Joe Lubeck.
In this role, David will head up global capital generation, fund and partnership strategic formation and structuring. David will also hold a seat on the Investment Committee.
Prior to joining American Landmark, David was Managing Director in Evercore’s Real Estate Advisory practice where he focused on advisory functions, including originating new opportunities, capital formation and structuring transactions.
Prior to joining Evercore, David was a Senior Investment Officer with the New York State Common Retirement Fund, where he invested more than $1.7 billion globally on behalf of the Fund. David managed a $2.8 billion global portfolio of real estate, direct joint ventures, funds and co-investments. David also served as the Fund’s representative on the boards of investor committees of commingled funds and joint ventures, having a total value well in excess of $20 billion
David is involved in numerous industry organizations including PREA and the Urban Land Institute, where he is Vice Chair of the Global Exchange Council. David holds an M.B.A from the Fuqua School of Business at Duke University, an M.S in Real Estate Finance from New York University and a Certificate in Financial Engineering from the Swiss Finance Institute.
About American Landmark Apartments: American Landmark Apartments/Electra America is one of the fastest-growing multifamily owner-operators in the United States. Based in Tampa, Florida, American Landmark specializes in the opportunistic acquisition and aggressive management of value-add multifamily assets located in high-growth markets throughout the Southeast United States. Our current portfolio consists of approximately 28,000 units in Florida, Georgia, North Carolina, South Carolina and Texas. The sponsorship team has a solid 25-year track record in the multifamily arena, having purchased and successfully exited over 150,000 units. Including the sale of its public company, Landmark Apartment Trust, to Starwood for $1.9 billion in 2015, the leadership team has delivered an average 23 percent IRR to investors over the past 25 years and our current funds are outperforming projections. We believe in alignment of interests between sponsors and investors, and full and transparent audited reporting in both GAAP and IFRS. American Landmark is committed to delivering great service and outstanding living environments to residents; and delivering consistent, attractive risk-adjusted returns to investors and partners.