Fahri Ozturk Joins Massey Knakal's New Jersey Division
Massey Knakal Realty Services is pleased to announce Fahri Ozturk has joined the firm as a Director of Sales, focusing on New Jersey’s Hudson County.
“We are delighted that Fahri has joined our team as we continue our expansion throughout New Jersey. Having worked on the ownership side of the business for many years, Fahri has accumulated tremendous experience that will benefit our clients” stated David A. Simon, SIOR, Executive Managing Director, New Jersey.
Prior to Massey Knakal, Fahri was an Investment Associate at Arsenal Real Estate Partners, in Morristown, NJ. In this role, he carried out various responsibilities in acquisitions, dispositions, asset management, and portfolio management. He served as asset manager for office and multifamily investments, prepared property strategic plans and reviewed potential opportunities. Fahri monitored leasing activity with third party brokers and interacted with operating partners to manage the development process. He also approved leases, operating budgets, and capital budgets, prepared internal appraisals and performed due diligence, market research, underwriting.
Earlier, Fahri worked as an Asset Manager and as an analyst at Thor Equities in New York, NY, where he directly worked with the CEO and the CFO. He served as asset manager for several retail and office properties. He prepared investment performance analyses and financial management reports for fund and non-fund assets and projected cash flow, distributions, and capital calls. He prepared and analyzed property strategic plans and made strategic investment recommendations to the executive board. He also held various accounting positions at Broadway Partners, Macklowe Properties, and New Plan Excel Realty Trust, Inc in New York.
Fahri earned his Master of Science degree in Real Estate Finance and Investments from New York University and his Bachelor of Arts degree in Finance and Investments from Baruch College’s Zicklin School of Business. He is fluent in Turkish.
He can be reached in the New Jersey office.