Fredric Leffel is President of Kaufman New Ventures, a division of the Kaufman Organization that focuses on acquiring and repositioning commercial properties in the New York metropolitan area.
With over 25 years of experience in real estate finance and investment banking, Mr. Leffel is well versed in the principles of acquiring commercial properties and developing and executing repositioning plans. Immediately prior to joining the Kaufman Organization, he was a Senior Vice President at Savills LLC where he represented clients in sales of individual assets and portfolios, sales of public and private real estate companies and in equity and debt placement. Earlier in his career he served as Executive Vice President in the Real Estate Investment Banking group at CIBC World Markets and Senior Vice President in the Real Estate Investment Banking group at Drexel Burnham Lambert, where he was also a senior officer of the firm’s proprietary general partner entity that acquired, financed and operated commercial properties across the United States. Mr. Leffel also owned his own real estate firm, through which he arranged in excess of $700 Million of transactions.
An attorney by training, Mr. Leffel practiced law in the creditor’s rights department at Weil, Gotshal & Manges and in the real estate department of Paul, Weiss, Rifkind, Wharton & Garrison. He is an alumnus of the University of Virginia, where he earned a Bachelor’s of Arts in English, and of the Cornell Law School where he earned a JD and was an editor of the Cornell Law Review.