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
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.
Chief Financial Officer & Chief Operating Officer
Daniel 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.
Director of Asset Management
Andrew 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 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.
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 is a 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.
Emily joined Camber as an Associate Project Manager in 2020. She is primarily focused on identifying, underwriting, and developing business plans related to new acquisitions. She also collaborates on Camber’s RFP submissions for development opportunities. Prior to joining Camber, Emily worked in non-profit fundraising and foundation management. She holds a BA in Economics from the University of Denver and an MS in Real Estate Finance from NYU’s Schack Institute of Real Estate.
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.
Jozef is responsible for supporting the Camber team in various project management and asset management duties. He is primarily focused on CPG’s affordable housing preservation projects, with particular attention to Highbridge House (400 units), 1340 Stratford (129 units), Morningside Apartments (49 units), Deshler Apartments (61 units), Nueva Era Apartments (34 units) and 1314 Seneca (60 units). Jozef has had internship experience in fields such as real estate valuation, asset sales, loan sales, and has experience in real estate rehab. Jozef is a graduate of St. John’s University’s class of 2019.