New York City-based development company Silverstein Properties, Inc. has appointed Martin S. Burger as its chief executive officer. In his new role, Burger will lead the day-to-day operations as well as seeking new development projects in the United States, China, Eastern Europe and Israel.
Burger joined the firm in 2010 after serving as president and CEO at Artisan Real Estate Ventures, which he founded in 2006. Before that he was the president of Related Las Vegas and an executive vice president at The Related Companies LP, and held positions at The Blackstone Group and Goldman Sachs' Whitehall Real Estate Funds.
"I am delighted that Marty will lead Silverstein Properties as we continue to grow and explore exciting new possibilities throughout New York City, the nation and the world," said Larry A. Silverstein, chairman. "Over the past four years, he has done an incredible job helping us expand our business globally. Thanks to his efforts, we have financed and built iconic development projects, acquired new properties and formed new joint ventures with top-tier partners across the U.S. and around the world."
Silverstein recently opened 4 World Trade Center and just last month began development of its Four Seasons Hotel and Private Residences Downtown New York. Burger led the effort to secure equity and debt financing for the $1 billion project. In July Silverstein will deliver on the largest Four Seasons Resort, located at Walt Disney World in Orlando, FL.
As his first act as CEO, Burger will bring on Robert Vescler as executive vice president, leading its residential developments and acquisition efforts. Additional appointments include Tal Kerret as chief investment officer, tasked with asset portfolio management, growth strategy and investor relations; Bill Dacunto as executive vice president of management; and Dara McQuillan as chief marketing and communications officer.