Thomas E. Zacharias (born February 19, 1954) is an American real estate investor and businessman. He is the founder and president of Zacharias & Co. Previously, Zacharias has served as the chief operating officer of W.P. the Carey.[1]
Thomas E. Zacharias | |
|---|---|
| Born | February 19, 1954 |
| Citizenship | American |
| Alma mater | Princeton University, Yale School of Management |
| Occupation(s) | Real estate investor, businessman |
Early life and education
editZacharias was born on February 19, 1954, in Morristown, New Jersey. He received a bachelor of arts in architecture and urban planning from Princeton University in 1976, followed by a master of business administration in finance from Yale School of Management in 1979.[2][3][4]
Career
editZacharias began his professional career in 1981 by joining a Real Estate Investment Trust (REIT), Corporate Property Investors (CPI), where he later served as a vice president. While at CPI, he managed over US $2 billion of investments and oversaw its acquisitions, property development, and retail projects in the United States of America. CPI was known for acquiring the General Motors Building in New York City in 1982 and selling it to Donald J. Trump in 1998. Zacharias was also the managing member for CPI for the development of the Mall of Georgia, which is one of the largest malls in the south-eastern United States. He was associated with CPI until the REIT was sold to Simon Property Group in 1998. During this time, he was also associated as a director with a non-profit organization, Creative Time, and a director of the National Academy of Design.[2]
He was hired as a principal at Lend Lease Development US in 1998 and worked on the development of a multi-family rental apartment building program in Manhattan. Zacharias then became a senior vice president at a Morgan Stanley Real Estate Fund, MetroNexus North America, in 2000. Following MetroNexus in 2002, Zacharias joined W.P. Carey, where he first served as its managing director, and then as its chief operating officer until 2017.[3][4][1] During his tenure at W.P. Carey, he led its global asset management operations and co-founded the Carey Watermark Investors series of lodging REITs.
Zacharias established a real estate investment and consulting company, Zacharias & Co, in 2017. Since its inception, Zacharias has been serving as its president, managing projects, providing consultancy, offering business development assistance, and delivering corporate board services. Zacharias has served as a director of several public companies, including WL Ross Holding Corp, Nexeo Solutions, and Fred’s. In addition, he was a trustee of the Groton School between 2003 and 2007 and was involved in land conservation. Zacharias has been a trustee of Checkerboard Film Foundation since 2012. Since 2021, he has been a director of The Fund for West Palm Beach Police and a trustee of the Cox Science Center and Aquarium since 2024.[5]
Personal life
editHe married Clelia LeBoutillier in 1985. Clelia LeBoutillier is the daughter of Martin LeBoutillier, former president of Paine Webber, and granddaughter of Edward Coleman Delafield, former president of The Bank of America.[2]
Zacharias has two children with Clelia, which include a daughter, Clelia Delafield Zacharias (born 1986), and a son, John Livingston Zacharias (born 1988). Both of his children are associated with private equity investment companies.
Honor
edit- Included in the list of Lifetime Achievers by Marquis Who’s Who (2017)[6]
References
edit- ^ a b "W.P. Carey COO And Head Of Asset Management Thomas Zacharias To Retire". RTTNews. Retrieved 2024-08-09.
- ^ a b c "Evolution - the Molecular Landscape Interviews with DANIEL DENNETT & EUGENIE SCOTT interviewed by John Inglis". SciVee. 2009-06-23. doi:10.4016/11694.01 (inactive 1 November 2024). Retrieved 2024-08-09.
{{cite web}}: CS1 maint: DOI inactive as of November 2024 (link) - ^ a b "W. P. Carey & Co. Appoints Thomas E. Zacharias Chief Operating Officer (US)". europe-re.com. 2024-08-09. Retrieved 2024-08-09.
- ^ a b "W.P. Carey appoints Thomas E. Zacharias COO. - Free Online Library". www.thefreelibrary.com. Retrieved 2024-08-09.
- ^ "Board of Directors - The Fund for West Palm Beach Police". Retrieved 2024-08-09.
- ^ "A Georgia Megamall Featuring a 'Town Center'". The New York Times. ISSN 0362-4331. Retrieved 2024-08-09.