Printer Friendly
The Free Library
14,573,341 articles and books
Member login
User name  
Password 
 
Join us Forgot password?

Financial architect Fefferman makes impossible possible.


With over 30 years of experience in the financing industry, Arthur Arthur, king of Britain: see Arthurian legend.

Arthur

king and hero of Scotland, Wales, and England. [Arthurian Legend: Parrinder, 28]

See : Heroism
 Fefferman, president of AFC (1) (Application Foundation Classes) A class library from Microsoft that provides an application framework and graphics, graphical user interface (GUI) and multimedia routines for Java programmers.  Realty realty n. a short form of "real estate." (See: real estate)


REALTY. An abstract of real, as distinguished from personalty. Realty relates to lands and tenements, rents or other hereditaments. Vide Real Property.
 Capital, has developed a strong reputation as a leader and innovator in the New York City New York City: see New York, city.
New York City

City (pop., 2000: 8,008,278), southeastern New York, at the mouth of the Hudson River. The largest city in the U.S.
 marketplace.

From modest beginnings on Wall Street to the formation of his own investment firm, Fefferman continues to draw from his well-rounded skills and knowledge in order to handle some of the nation's highest profile transactions.

In the 1970's, Fefferman got his initial taste of the finance industry with the first generation of REITs. Eventually, he would move to publicly-traded REITs sponsored by Donald Donald (Domnall, Domhnall, Dumhnuil, Dónall) is an anglicized version of a Scottish or Irish Gaelic personal name, containing the elements dumno "world" and val "rule", viz. "ruler of the world". Compare Dumnorix. , Lanfkin & Gernard. In 1977, he branched out on his own, playing a dominant role in the foundation of the Sybedron Corporation, a pioneering real estate investment firm that graduated a number of today's major investment leaders.

Fefferman once again followed his innovative spirit in 1988, venturing on his own to form AFC Realty Capital, a Manhattan-based real estate investment firm specializing in debt and equity financing Equity Financing

The act of raising money for company activities by selling common or preferred stock to individual or institutional investors. In return for the money paid, shareholders receive ownership interests in the corporation.
, investment, development and consulting services Noun 1. consulting service - service provided by a professional advisor (e.g., a lawyer or doctor or CPA etc.)
service - work done by one person or group that benefits another; "budget separately for goods and services"
.

"I founded AFC to produce imaginative transactions involving debt, equity and venture capital," said Fefferman. "The firm originally started with three highly-skilled real estate professionals, each with a well-rounded knowledge of the marketplace and dedicated to do whatever necessary to complete a deal and deliver capital to our customers.

"It has been this ability to structure unique and innovative deals, along with the commitment of our staff, which has allowed us to experience incredible growth over the past twelve years. Today, we are active throughout the country and have been instrumental, both as a principal and advisor, in financing, investment and development transactions aggregating in excess of $10 billion."

While much of AFC Realty Capital's original success is attributed to its ability to provide a wide range of financing options to tailor A tailor is a person whose occupation is to sew menswear style jackets and the skirts or trousers that go with them.

Although the term dates to the thirteenth century, tailor
 to the unique requirements of real estate owners and developers, the firm has actively become more involved with development projects in recent years. "We are financial architects, making the impossible possible by designing the most cost-effect and advantageous capitals structures for today's property landscape," Fefferman said.

"However, often times, we go even further than that. In addition to brokerage, we play a major role as principal in many of the deals we are involved with. It is our belief that, if you're you're  

Contraction of you are.


you're you are
you're be
 committed to a deal, you must be prepared to provide your own resources to make it happen."

AFC Realty Capital's recent involvement in several development and rehabilitation rehabilitation: see physical therapy.  projects vividly displays the company's willingness to accept the role of principal in order to provide customers the resources to fulfill ful·fill also ful·fil  
tr.v. ful·filled, ful·fill·ing, ful·fills also ful·fils
1. To bring into actuality; effect: fulfilled their promises.

2.
 their financing desires.

These include the conversion of a former church at 2056 Fifth Avenue in Harlem to luxury condominiums being developed under the direction of AFC's Development Group. The firm has also established a Hotel Finance Group--which completed over 80 hotel transactions in 2006 representing over $750 million in financing volume--and a Self Storage Finance Group.

Thanks to its diverse, large roster of capital sources and a network of relationships that extends throughout the national real estate community, AFC Realty Capital is poised to continue its success into the future, even as it enters unchartered waters.

"In the world of real estate investment and development, the more it changes, the more it stays the same," asserted Fefferman. "Real estate finance is a business of relationships, and while the tools may become more sophisticated, the personal aspect of this industry will remain intact."

In fact, despite current economic hardships, Fefferman sees many opportunities for growth and prosperity for the real estate industry in upcoming years. "Real estate continues to be the investment bedrock it has been historically, especially during these uncertain economic times.

"With the uncertainty of the stock market, real estate has once again emerged as a primary investment. More and more people are returning to the real estate industry for the simple fact that it outperforms the market."
COPYRIGHT 2006 Hagedorn Publication
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2006, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

 Reader Opinion

Title:

Comment:



 

Article Details
Printer friendly Cite/link Email Feedback
Title Annotation:PROFILE OF THE WEEK: Arthur Fefferman, president, AFC Realty Capital
Publication:Real Estate Weekly
Date:Dec 6, 2006
Words:649
Previous Article:Besen Associates' Ron Cohen and Jackie Himmelstein have been awarded the exclusive contract to market the property at 41-43 East 7th Street, between...
Next Article:Repositioned 485 Lex attracts three more top-flight tenants.
Topics:



Related Articles
Investment exec says apartments healthiest. (AFC Realty Capital president Arthur Fefferman reports on multi-family residential development as best...
MANAGEMENT PERSONNEL.
AFC Realty Capital.(Brief Article)
Economist building a good fit for AFC.(Brief Article)
Redefining the role of the real estate investment banker.(Banking & Finance)(Brief Article)
Making missions possible.(Profile of the week: Arthur Fefferman, President, AFC Realty)
Brecher joins AFC realty.(Residential: marketing & brokerage)(Oskar Brecher has joined AFC Realty Capital )(Brief Article)
AFC Realty Capital.(WHO'S NEWS)
AFC Realty Capital arranged $4.8 million in financing for the acquisition and renovation of a vacant 178,000 s/f office building located in the heart...
AFC Realty Capital arranged mezzanine financing for the Sheraton Fort Worth Convention Center & Spa, located at 1701 Commerce Street in Fort Worth,...

Terms of use | Copyright © 2009 Farlex, Inc. | Feedback | For webmasters | Submit articles