ABOUT US

Camber Property Group is an emerging leader in NYC mixed income and workforce housing development.

CPG’s principals have deep experience in the development, construction and ownership of affordable and mixed income multifamily housing throughout the New York metro area. CPG combines the latest technology with strong design principles to build and rehabilitate buildings that will operate sustainably and cost effectively to stand the test of time.

Smart real estate development involves a series of interlocking decisions that have lasting effects on communities. At CPG, those communities are of paramount importance. All decisions – whether large or small – are made by paying careful attention to the causes and effects on the full spectrum of stakeholders, whether they are community members, institutions, government officials or investors.

At CPG We Believe:

  • Creativity and innovation generates superior benefits for all stakeholders
  • Thoughtful, quality design and responsible management leads to sound investments
  • Responsible citizenship in the short term opens doors in the long term

PRINCIPALS

 

Rick Gropper has over a decade of experience in real estate development throughout the 5 boroughs of NYC. At CPG, Rick focuses on sourcing and structuring transactions using his deep relationships with various partners including investors, lenders, the community and government. Prior to co-founding CPG, Rick was Development Director at L+M Development Partners, one of the largest and most prolific developers of multifamily housing in NYC. At L+M, Rick was responsible for the development and preservation of more than 5,000 units of housing totaling over $1 billion in total capitalization. Prior to joining L+M, Rick worked for a boutique adaptive reuse development firm based in New Haven, CT. He has an undergraduate degree from Connecticut College and an MS in Real Estate Development from Columbia University. Rick serves on the boards of Habitat for Humanity NYC, NYSAFAH 2G and the CHPC Strategic Impact Fund.

 

Andrew Moelis has experience in complex multilayered real estate financing as well as leveraging private sector resources to maximize public benefit. Andrew focuses on business plan execution at CPG, while simultaneously directing the firm’s overall investment and growth strategy. Prior to CPG, Andrew worked for L+M Development Partners where he focused on affordable housing preservation and market rate development. During his tenure at L&M, Andrew closed over 2,000 units of multifamily housing and worked on the development of a major 80/20 transaction in Manhattan. Prior to joining L&M, Andrew served as an Associate in Empire State Development’s Real Estate Development Group, coordinating the disposition of public sector assets in order to achieve maximum return in both dollars and community impact; and additionally, as an Analyst in Citigroup’s Public Finance Infrastructure Group. Andrew holds a B.S. from the University of Pennsylvania.

LEADERSHIP

 

Melissa Bindra, Director of Development, oversees new and existing projects at CPG, working with partners and stakeholders to create projects with lasting value and integrity. Prior to joining Camber, Melissa worked in private equity overseeing investment in distressed commercial properties throughout the US. Melissa earned her undergraduate degree in Finance at Loyola Marymount University in Los Angeles and Masters Degrees in Urban Planning and Real Estate Development from Columbia University in the City of New York.


 

Daniel Norelli, Chief Financial Officer,   oversees finance, administration and investor relations at CPG. Daniel joins CPG after serving as the Director of Strategy & Finance for Trinity Wall Street. At Trinity, Daniel provided strategic management of the organization’s $6B endowment with a focus on financial strategy, risk management, operations and resource allocation. Additionally, Daniel oversaw the creation and execution of business plans for a 6 million sf NYC office portfolio, and executed over $3B of real estate transactions. Prior to Trinity, Daniel provided investment management solutions to institutional investors at Goldman Sachs, Credit Suisse and ISI Group. Daniel holds a B.S. in Mechanical Engineering from Lehigh University, a M.S. in Analytical Finance from Lehigh University, an MBA from the Wharton School, and is a CFA charterholder.


 

Andrew Dieckelman, Director of Finance and Asset Management,  oversees the development, communication, and execution of all properties’ business plans to their operating and capital budgets. Additionally, Andrew works alongside property and project managers to ensure ongoing regulatory compliance with all local, state, and federal agencies. Andrew joins CPG after nearly 6 years at Pangea Properties. At Pangea, Andrew advanced internal strategy and operations in helping build a fully integrated platform specializing in multi-family workforce housing. For his last 3 years, he held P&L responsibilities for a growing portfolio of 9,000 units and 250+ employees across satellite locations in Chicago. Andrew completed his undergraduate degree in Finance at Indiana University’s Kelley School of Business.

Jay Cengiz, Capital Management and Acquisitions Associate,
Jay is responsible for underwriting the capital needs for all newly acquired buildings under the affordable preservation platform. Currently, Jay is responsible for over $75M in capital improvements across 2,500 units. Jay’s primary responsibilities include: working with asset, project & property managers to stay within budget and on schedule; working with third party consultants on appraisals, construction needs assessments for HPD, HUD and other lender reports; coordinating architects and engineers to develop optimal scopes of work; identifying deferred maintenance items to include in capital planning; and negotiating and executing contracts with vendors. Jay brings approximately a decade of industry experience. He has been with Camber since 2016, assisting with the execution of affordable housing preservation transactions. Prior to joining Camber, Jay focused on sourcing ground up and multifamily deals for a multifamily owner operator and executing on their development and rehabilitation. Jay entered the real estate industry from a commercial real estate brokerage where he was responsible for the sale, ground lease and/or joint venture of over one hundred million dollars in New York City.

 

PROJECT MANAGEMENT

 

Alex Yulfo
Alex is responsible for managing and coordinating the acquisition, underwriting, budgeting, entitlement, lending relationships, and building design of active development and preservation projects. He is also involved in reviewing and analyzing new potential transactions. Prior to joining Camber, Alex worked in a similar capacity as a Development Associate for BFC Partners in Brooklyn, NY. In his time there, he oversaw predevelopment, financing and construction for over $250M in new construction and preservation projects. Before BFC, Alex was a Vice President in Wells Fargo’s Multifamily Capital Group. In that role, he analyzed and structured some of the largest, most high profile transactions in New York City, including the Blackstone Stuyvesant Town Peter Cooper Village acquisition in December 2015. Alex was also responsible for training new analysts, and was awarded the 2014 Golden Spoke Award, which recognizes top performers across the bank. Prior to Wells Fargo, he served as an analyst with Red Hill Realty, a private equity firm in San Diego, CA that specializes in opportunistic multifamily acquisitions. Alex received his Bachelor of Science in Management from the University of Massachusetts at Boston. He is an active member of the Urban Land Institute’s Young Leaders Group, the New York Housing Conference’s Young Leadership Council, and the Enterprise Gotham Society.

Joanna Kandel
Joanna manages the development process for new construction residential and mixed-use projects throughout the city. In this capacity, Joanna takes on projects from the underwriting stage, through the design and community outreach process, and towards financing closing. Joanna comes to Camber with numerous years of public sector and non-profit affordable housing experience. Mostly recently she served as a Deputy Director at New York City’s Department of Housing Preservation and Development overseeing a portfolio of projects across the Mixed Income loan programs. Joanna holds a B.A. from Goucher College and Master of Urban Planning from New York University.

Patrick Li
Patrick is an Associate Project Manager at Camber. His diverse background and skillset in architecture, planning, and development allow him to manage projects and assist the Camber team in multiple capacities. Patrick works on both new development and preservation projects, starting from early acquisition and predevelopment analysis, through design and construction coordination, and up to marketing and leasing. Patrick also spearheads development proposals through RFP submissions and has led various community engagement initiatives that foster open communication and build strong relationships between Camber and the communities we work with. Patrick has Bachelor degrees in Geography and Architecture from UBC, Vancouver and Victoria University of Wellington, as well as Master degrees in Real Estate Development and Urban Planning from Columbia University in the City of New York.

 

ASSET MANAGEMENT

 

Orion Schelz
Orion Schelz focuses on Camber’s affordable preservation projects contributing in project management and asset management capacities. Currently, he frequently conducts site reviews in directing ongoing projects at Carol Gardens (314 units) and the West Farms Portfolio (343 units). Orion previously worked as an account manager at Choice New York Management where he coordinated property management and operations for a multi-family portfolio with properties ranging in size from 6 to 75+ units. Orion is a member of the Colgate University class of 2017.

Robert Levine
Robert Levine supports the Camber team with a variety of asset management and project coordination responsibilities. He is primarily focused on Camber’s affordable housing preservation projects, with a particular attention to the West Farms Portfolio (343 units), 1314 Seneca (60 units), 1340 Stratford (129 units), Morningside Apartments (49 units), Deshler Apartments (61 units), and Nueva Era Apartments (34 units). Robert graduated from the University of Pennsylvania in 2017 with a degree in Urban Studies and Real Estate. He is also currently pursuing his masters in real estate development from NYU Schack. Previously, Robert worked at Citi in the CMBS and Real Estate Finance group, where he focused on large loan originations.