LOS ANGELES, Dec. 16, 2010 /PRNewswire/ -- CityView, an institutional investment firm focused on urban real estate, in-city housing, and metropolitan infrastructure, has announced the promotion of Damian Gancman to Senior Vice-President of Acquisitions and Strategic Ventures. In his new role, Mr. Gancman will focus on new strategic ventures for CityView, specifically managing the underwriting of new portfolio and project acquisitions, managing the due diligence process and implementing asset management strategies. In his new capacity, he will join the Investment Committee for each of CityView's three existing funds. Mr. Gancman also works directly with CityView's executive management team on the implementation of company initiatives for raising new funds, expanding the firm's investor base, and identifying new strategic opportunities.
"Damian's expertise in finance and the structuring of numerous residential product types, including urban mixed-use, for-sale and multifamily has been an incredible asset to CityView," said Sean Burton, CEO of CityView. "We anticipate that in his new position he will continue to help advance CityView's progress in creating innovative urban solutions that promote efficient land use, sustainability, redevelopment and economic opportunity, all while maximizing returns to our valued institutional investors."
Mr. Gancman joined CityView in 2005 and has contributed to the success of many of CityView's projects and funds. "Damian is an integral part of the CityView team and brings an in-depth understanding of urban real estate to every project he is involved with," said Henry Cisneros, Executive Chairman of CityView. "In his new position, Damian will be a central figure in CityView's strategic growth and continued success." Mr. Gancman joined CityView from PricewaterhouseCoopers in Los Angeles, where he formed an integral part of the Financial Services strategic team, serving clients in the Real Estate, Private Equity and Banking sectors. Mr. Gancman holds a Masters Degree in Real Estate Development from the University of Southern California as well as a dual degree in Business Administration and Psychology from the University of California at Berkeley.
Headquartered in Los Angeles with offices in New York, Dallas and San Antonio, CityView has invested in and developed more than $2 billion in real estate assets since 2003. CityView is one of the nation's premier institutional investment firms focused on urban real estate, in-city housing, and metropolitan infrastructure and is a fully-integrated operating company with an active management approach. CityView was founded in 2000 by Henry Cisneros, Secretary of the U.S. Department of Housing and Urban Development in President Clinton's Administration, on the premise of smart capital for smart growth and currently manages multiple funds, all focused on urban solutions. CityView has developed projects in 30 markets across 13 states and also continues to focus on metropolitan infrastructure and multi-family acquisitions. For more information, visit www.cityview.com.