STRATEGIES

Private Equity Real Estate

CenterSquare’s private equity real estate group is comprised of a team of veteran real estate professionals with the broad expertise necessary to execute on multiple investment strategies, including core, core-plus and value-added real estate.  As a fiduciary both in the U.S. and abroad, we have a singular focus on respect for capital and achieving the best possible results for our clients.

CenterSquare (formerly Urdang) raised its first value-added real estate fund in 2003, and has closed three funds to date.

  • Closed Funds:
  • Urdang Value-Added Fund I, L.P.
  • Urdang Value-Added Fund II, L.P.
  • CenterSquare Value-Added Fund III, L.P.
  • Vintage
  • 2003
  • 2007
  • 2015
  • Size
  • $267 million
  • $463 million(1)
  • $146 million
(1) Actual amount funded was $379 million.

PORTFOLIO MANAGEMENT

David L. Rabin, J.D.

Managing Director

Private Real Estate

Mark B. Greco

Director

Private Real Estate

YEARS WITH FIRM

15

INDUSTRY EXPERIENCE

34




Mr. Rabin serves as Managing Director of the Private Real Estate Group at CenterSquare and is responsible for all activities relating to the direct investment in real estate including acquisitions, asset management, financing, dispositions, and client reporting. He is also a member of the Private Real Estate Investment Committee. Mr. Rabin has over 30 years of real estate investment management experience, including extensive experience in acquisition, disposition, asset management and portfolio management roles. Prior to joining CenterSquare in 2003, Mr. Rabin was a Principal and Director of Investments for PMRealty Advisors, a wholly-owned subsidiary of Pacific Life Insurance Company. In this position, during his 5 years at PMRealty, he directed and managed all of the transactional activity for the firm. Mr. Rabin was also a member of PMRealty Advisors' Policy and Investment Committees. During the 12 years prior to joining PMRealty, he was responsible for acquisitions, dispositions and portfolio management on behalf of National Life of Vermont and its separate account clients. Mr. Rabin holds a B.S. in Business Management from the University of Maryland and a J.D. from the Columbus School of Law, Catholic University of America. He is a member of the Bar in both Maryland and the District of Columbia. 

YEARS WITH FIRM

23

INDUSTRY EXPERIENCE

35




Mr. Greco is the Managing Director of Asset Management at CenterSquare and is responsible for oversight of the due diligence process, execution of the property business plans and operating partner performance. He is also a member of the Private Real Estate Investment Committee. Prior to joining the Company in 1995, Mr. Greco worked for CMS Companies, a Philadelphia-based investment company. During his tenure, he was instrumental in building the asset management department. Mr. Greco was a Senior Group Controller with the Rouse Company, a national retail company based in Columbia, Maryland, where he had primary responsibility for oversight of management, leasing and financial accounting details for a regional mall portfolio. Mr. Greco was a Senior Accountant on the audit staff of Deloitte Haskins and Sells in the New York City and Baltimore offices. Mr. Greco received a B.S. degree in Accounting from Villanova University and is a licensed Certified Public Accountant. He serves as a member of the Investment Committee for CenterSquare’s Private Real Estate Group.

Since 1987, CenterSquare has managed multiple separate accounts on behalf of institutional clients. Each mandate is designed specifically for the client’s objectives based on product type, geography, liquidity and targeted returns.  CenterSquare manages Separate Accounts invested across Value-Added and Core-Plus strategies.

PORTFOLIO MANAGEMENT

David L. Rabin, J.D.

Managing Director

Private Real Estate

Mark B. Greco

Director

Private Real Estate

YEARS WITH FIRM

15

INDUSTRY EXPERIENCE

34




Mr. Rabin serves as Managing Director of the Private Real Estate Group at CenterSquare and is responsible for all activities relating to the direct investment in real estate including acquisitions, asset management, financing, dispositions, and client reporting. He is also a member of the Private Real Estate Investment Committee. Mr. Rabin has over 30 years of real estate investment management experience, including extensive experience in acquisition, disposition, asset management and portfolio management roles. Prior to joining CenterSquare in 2003, Mr. Rabin was a Principal and Director of Investments for PMRealty Advisors, a wholly-owned subsidiary of Pacific Life Insurance Company. In this position, during his 5 years at PMRealty, he directed and managed all of the transactional activity for the firm. Mr. Rabin was also a member of PMRealty Advisors' Policy and Investment Committees. During the 12 years prior to joining PMRealty, he was responsible for acquisitions, dispositions and portfolio management on behalf of National Life of Vermont and its separate account clients. Mr. Rabin holds a B.S. in Business Management from the University of Maryland and a J.D. from the Columbus School of Law, Catholic University of America. He is a member of the Bar in both Maryland and the District of Columbia. 

YEARS WITH FIRM

23

INDUSTRY EXPERIENCE

35




Mr. Greco is the Managing Director of Asset Management at CenterSquare and is responsible for oversight of the due diligence process, execution of the property business plans and operating partner performance. He is also a member of the Private Real Estate Investment Committee. Prior to joining the Company in 1995, Mr. Greco worked for CMS Companies, a Philadelphia-based investment company. During his tenure, he was instrumental in building the asset management department. Mr. Greco was a Senior Group Controller with the Rouse Company, a national retail company based in Columbia, Maryland, where he had primary responsibility for oversight of management, leasing and financial accounting details for a regional mall portfolio. Mr. Greco was a Senior Accountant on the audit staff of Deloitte Haskins and Sells in the New York City and Baltimore offices. Mr. Greco received a B.S. degree in Accounting from Villanova University and is a licensed Certified Public Accountant. He serves as a member of the Investment Committee for CenterSquare’s Private Real Estate Group.

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