Cnn Money: Irg Development Of Closed Factories

[Rob Croson]

Saw this on Facebook. It's about IRG realty, owned by Stuart Lichter. It's about the closed factories they have bought and sold to new owners to start new businesses, or expand existing ones. An older article, since it talks about elio starting production in 2015. Still interesting. Provides some insight into Mr. Lichter's financial resources.

http://cnnmon.ie/1vEFt0m

 

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Stuart Lichter
IRG Bio

Stuart Lichter | President and Chairman of the Board
Email: slichter@irg.cc | Phone: 562-803-4761

Stuart Lichter is a nationally recognized leading force behind the adaptive reuse of commercial and industrial real estate throughout the country. Primarily through Mr. Lichter’s efforts, IRG and its affiliated companies have acquired and developed over 100 industrial and commercial properties and has made the IRG portfolio one of the largest private holders of industrial and commercial real estate in the nation. These properties represent virtually every area of real estate, such as office buildings, industrial and warehouse buildings, shopping centers, business parks, hotels, mini-storage facilities, marinas, apartments, mobile home parks and mixed-use developments, with a primary emphasis on industrial and commercial.

Mr. Lichter has a Bachelor of Science degree from Hunter College, a part of the City University of New York. He completed all course work for a Masters Degree in Business Administration from Pace University with a major in finance. Mr. Lichter also attended New York University School of Law. Mr. Lichter began his real estate career with the General Services Administration (GSA) of the US Government where he focused on solving challenges facing governmental-owned real estate. Mr. Lichter subsequently performed loan workouts, completed unfinished construction projects and leased and sold foreclosed projects for Midland Bank and New York Life Insurance Company.

With over forty years of experience, Mr. Lichter is a national leader in transforming former military bases and industrial sites into thriving retail, residential and business communities while creating thousands of jobs and solving some of America’s most difficult real estate challenges.

BOLD is me