Mr. Heller is executive managing director and group head of the Capital Transactions Group of Studley in New York. With 27 years of experience in the real estate business, Mr. Heller is responsible for investment sales activity in the New York market, where he focuses on office, residential, and specialty retail buildings, the most notable of which were the sale of Citigroup Center and the Rhinelander Mansion leased to Polo Ralph Lauren and the purchase of the Drake Hotel development site. The other markets in which he has been active include: Chicago, Philadelphia, and markets in New Jersey, Florida, Ohio and Indiana. Separate from the outright sale of properties, he has also structured participating and/or convertible mortgages, equity joint ventures, and note sales, the most notable of which was the sale of the notes and mortgage encumbering the Chrysler Building. During his tenure, Mr. Heller has closed over $6.5 billion of asset and note sale transactions comprising more than 33 million square feet.
Prior to joining Studley, Mr. Heller worked for Insignia/ESG and Jones Lang LaSalle.
Activities & Achievements
In 2007, Mr. Heller was awarded the Real Estate Board’s “Most Ingenious Deal of the Year” for the sale of the New York Law School Development Site in Tribeca, a transaction that closed in 2006. Mr. Heller also recived this distinction in 2004 for the sale of McGraw Hill’s 45% C-Corp Interest in 1221 Avenue of the Americas in 2003.
Mr. Heller serves as a member of the Young Men’s/Women’s Real Estate Association, the National Realty Conference, The Royal Institution of Chartered Surveyors and the Real Estate Lenders Association. He also serves as a governor of The Real Estate Board of New York and chairs its Sales Brokers Committee. And he has been a Guest Lecturer and Prior Adjunct Professor in New York University’s Graduate Real Estate Program.
Education
Mr. Heller received his undergraduate Bachelor of Arts degree from Stanford University and received a graduate certificate in Real Estate at the Real Estate Institute of New York University.