John Hirschfeld To Join AZ Bidder as Senior Managing Director
Assumes Management of Company's Institutional Portfolio Transactions
PHOENIX, June 27, 2013 /PRNewswire-iReach/ -- AZ Bidder LLC, a web-based real estate brokerage and foreclosure bidding service, announced that John D. Hirschfeld has accepted the position of Senior Managing Director of Strategic Development. Mr. Hirschfeld will assume responsibility for managing the acquisition and sales of single-family-home portfolios on behalf of institutional clients using AZ Bidder's unique and highly successful online residential real estate trading service. He will be located in New York City.
Over the course of his 35-year career, Mr. Hirschfeld has played a key role in the execution of over $10 billion of real estate transactions. His career has spanned the practice of law, acquisitions, syndications, and investment and commercial banking.
Mr. Hirschfeld was most recently CEO of Class Green Capital, providing synergistic funding and sustainability solutions to municipalities and states, not-for profits, and private-sector corporations. Prior to co-founding Class Green in 2008, he was the Executive Vice President and Head of Acquisitions at U.S. Realty Advisors, LLC, one of the leading buyers of single-tenant, net leased properties in the United States. Before joining U.S. Realty Advisors in 2002, he was Managing Director at Eastdil Realty Company (now Eastdil Secured), in charge of its national Corporate Real Estate Investment Banking business.
Prior to joining Eastdil in 2000, Mr. Hirschfeld was Managing Director in charge of Citibank's Global Real Estate Equity and Structured Finance group where, among other things, he built the bank's global sale-leaseback advisory practice and oversaw the disposition of $5 billion of Citibank's foreclosed real estate assets in the mid-1990's. From 1984 to 1989, he was a First Vice President at Integrated Resources. From 1979 to 1984 Mr. Hirschfeld practiced real estate, corporate and securities law at the New York firm of Robinson, Silverman (now Bryan Cave).
Mr. Hirschfeld is an honors graduate of Harvard College and holds a JD from Fordham Law School.
AZ Bidder LLC is the country's only national foreclosure bidding service. It provides investors worldwide the ability to select, evaluate and purchase residential properties at foreclosure sales in over 80 counties in eight states. During the past two years, the company has purchased nearly 9,000 homes totaling $1.3 billion. Visit us at azbidder.com
Media Contact: Timothy Mayes, AZ Bidder LLC, (312) 636-1221, firstname.lastname@example.org
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