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
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.
Melissa Bindra 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.
Joanna Kandel 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.