Karl joined in 2018 to establish a residential platform for Novaya’s investors. His 30 year career has spanned finance, investment, development and workouts on behalf of institutional investors and entrepreneurs.
Prior to joining Novaya, Karl was a Managing Director at AIG Global Real Estate. In addition to originating and managing a $1.3 Billion investment portfolio (19 residential developments totaling 5,300 apartments in six states), he served on the Boards of AIRE, GmbH & KGaA (a publicly traded German investment fund); FINSA (the largest developer/ operator of industrial properties in Mexico), and acted as the lead asset manager for the redevelopment of Stowe Mountain Resort in Vermont (before its sale to Vail Resorts).
Karl has also held leadership positions at Archstone (formerly NYSE: ASN) and in the real estate groups of BankBoston, Chase Manhattan and GE Capital.
BA, Williams College, 1982