MIAMI, FL - GAIA Real Estate, a leading full-service real estate investment firm, has announced Pascual Korchmar as the firm’s new Managing Director of Acquisitions and Development, underscoring GAIA’s continued investment in its growing team and expanding presence throughout the South Florida market.
Korchmar brings over 25 years of experience in real estate, including extensive ground-up development work. In his role, Korchmar will lead acquisition sourcing and development strategy, working closely with GAIA’s executive leadership as the firm accelerates growth in high-demand residential markets and emerging rental neighborhoods.
“Pascual’s experience and leadership come at an essential time for GAIA,” says Danny Fishman, CEO, GAIA Real Estate. “As our presence expands throughout South Florida and across the Sunbelt, Pascual brings a disciplined approach to acquisitions and development that strongly aligns with our investment strategy and long-term vision.”
Korchmar is a seasoned real estate executive overseeing acquisitions, entitlements, financing, and development across residential, multifamily, condominium, and mixed-use projects. Prior to joining GAIA, he founded and led Korchmar Development Corp., where he built a reputation for executing complex projects with a focus on thoughtful design, market fundamentals, and community integration.
“I’m thrilled to join GAIA during a period of strong momentum for the firm,” said Korchmar. “GAIA has built an impressive platform, and I look forward to contributing to the firm’s strategy of driving alpha through smart acquisitions, active improvement, and efficient management of assets.”
Korchmar joins the GAIA team in Miami following the firm’s recent headquarter relocation from New York City. Since its inception, GAIA Real Estate has built a strong record of accomplishment in real estate investment, acquiring more than 20,000 residential units and managing approximately $4 billion in assets. GAIA’s investment strategy utilizes low leverage in periods of high interest rates, a tactic that has repeatedly proven successful.
For more information about GAIA and its latest projects, visit www.gaiare.com
About GAIA Real Estate: Founded in 2009, GAIA is a real estate private equity firm based in New York City and Miami. The firm consistently delivers strong returns for institutional and high-net-worth investors through strategic, value-driven acquisitions. GAIA invests alongside its partners and has invested more than $4 billion in the residential sector, totaling over 20,000 units.