LYND, a national real estate investment, development and management firm, is pleased to announce that executive Constantine “Taki” Scurtis has been named a managing partner. Scurtis joined LYND in 2009 as vice president of business development after serving as a consultant with the firm. In his new role, he will be responsible for managing LYND’s Miami office on Brickell, which he recently opened, as well as sourcing new real estate opportunities.
During his nearly four years at LYND, Scurtis has been instrumental in helping the company grow. He sourced and closed more than $500 million of acquisition pricing of nonperforming loans and REO properties, and created an asset management division to handle all of the new investments. He was also instrumental in putting together a major deal to co-develop a 35-story luxury multifamily high rise in Miami’s Mary Brickell Village.
“LYND is proud to have Taki as our partner to lead our efforts in South Florida,” said A. David Lynd, COO and president. “He has amazing deal-making skills and a knack for being in the right place at the right time. Many of our biggest deals done over the past four years were generated by him. We are excited to see what can be created with an office pumping at full steam.”
Scurtis has forged integral institutional lending relationships and became a founding partner of SL Capital, a correspondent lender of Cantor Fitzgerald Commercial Real Estate (CCRE) in New York City. The company originates commercial real estate mortgages that are sold to investors in commercial-backed mortgage securities (CMBS). In addition to being a managing partner of LYND, Scurtis is also co-chairman & CEO of SL Capital.
Scurtis grew up in Miami, where he learned the real estate business from his father. After graduating from Southern Methodist University in Texas with a degree in finance, he returned to South Florida to work full-time in the family business – Agora Real Estate. He later founded his own company, Newport Property Ventures, which acquired and managed more than 5000 multi-family units.
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