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Frank Adipietro

Executive vice president
RXR Realty
1330 Avenue of the Americas
, NY 10019
212.797.1330
Website

Frank Adipietro is the top asset manager at RXR Realty, one of the busiest private real estate investment firms in New York City.

RXRs portfolio includes some 106 properties in the tri-state area covering more than 18 million square feet and with a gross value of about $5.5 billion. Some of RXRs most notable purchases following its founding in 2007 included a $920 million deal for the Starrett-Lehigh Building on West 26th Street; 237 Park Avenue for about $800 million; and 340 Madison Avenue for roughly $570 million. In 2010 and 2011 alone, RXR invested more than $3 billion in Manhattan real estate alone.

A big part of Adipietros asset-management role involves longer-term strategic financial planningin other words, getting the most of RXRs existing portfolio and finding ways to grow it, sometimes by acquisitions. He also handles the firms non-core investment initiatives, including joint ventures and leveraged loans (he carries of the title, head of special situations, too).

Before RXR, Adipietro was a top executive with RXRs predecessor firm, Reckson Associates, and he also worked at E&Y Kenneth Leventhal. He earned a finance and accounting degree from Fordham.

-TA

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