Marcos Alvarado currently serves as President and Chief Investment Officer, responsible for overseeing originations and driving growth across the company’s diversified $5 billion investment portfolio. Throughout his career, Mr. Alvarado has closed more than $25 billion of investments across all parts of the capital structure. He was previously Head of Acquisitions & Business Operations for Cadre, a technology-enabled real estate investment platform, and a Managing Director at Starwood Capital. Prior to Starwood Capital, Mr. Alvarado served as Vice President in Lehman Brothers’ Global Real Estate Group. He started his career in Morgan Stanley’s CMBS group. Mr. Alvarado holds a BA from Dartmouth College.
Tim Doherty currently serves as Executive Vice President, Head of Investments. Mr. Doherty leads the investment team of Safehold Inc (NYSE: SAFE), a public REIT focused on the acquisition and creation of ground lease investments across all property types nationwide. Safehold is the first publicly traded company focused solely on ground lease investments and is externally managed by iStar. Mr. Doherty worked at iStar between 2000 and 2008 and recently rejoined iStar in 2013. Prior to becoming the Head of Ground Lease Investments, he focused on structured finance having worked on over 60 transactions totaling more than $5 billion during his tenure at iStar. The transaction structure types included first mortgage, mezzanine, B-notes, preferred equity, DIP financing, participations and corporate finance investments and included all traditional property types (office, retail, hotel and industrial) and non-traditional product types (self-storage, entertainment and land). Prior to his latest tenure at iStar, Mr. Doherty co-founded and operated Shem Creek Capital (“SCC”), a boutique real estate finance fund located in Boston, MA. Prior to joining iStar Financial in 2000, Mr. Doherty was at Archon Group, a subsidiary of Goldman Sachs, investing on behalf of the Whitehall funds. He received his BS in Finance from Georgetown University.
Steve Wylder currently serves as Executive Vice President, Investments. Mr. Wylder oversees the Los Angeles office and is responsible for sourcing, structuring, and closing new investments on behalf of Safehold and iStar throughout the Southwestern U.S. Since joining the firm in 2007, Mr. Wylder has held multiple roles at iStar, including the origination of new structured finance and ground lease investments and the management of a portfolio of real estate loans, owned assets, and development projects throughout the Western U.S. His investment experience spans a range of transaction types with an aggregate exposure in excess of $2.5 billion, including ground lease, first mortgage, mezzanine, preferred equity, and joint venture equity across various asset classes. Prior to joining iStar, Mr. Wylder was with Fremont Investment & Loan where he was part of the originations team focused on bridge and construction lending. Mr. Wylder holds a B.A. degree from the University of San Diego.
Adam Matos currently serves as a Senior Vice President in the Investments Team for iStar and Safehold. He is responsible for originating, underwriting and negotiating new investment opportunities for both iStar and Safehold, with a focus on the U.S. Midwest markets. Since joining the company in 2008, Mr. Matos has worked on over $2b of new investments transactions, which include all structure types including ground leases, first mortgage loans, mezzanine loans, preferred equity and JV equity capital as well as a variety of real estate product types including multifamily, residential condo, office, hospitality and senior housing. Mr. Matos graduated magna cum laude with a BS degree in Economics from the Wharton School at the University of Pennsylvania.
Arie currently serves as Senior Vice President, Investments. Mr. Toporovsky is responsible for overseeing investment activities for both iStar and Safehold (NYSE: SAFE) in South Central markets. His transaction experience spans all major asset classes and the entire capital structure including senior loans, transitional/construction, mezzanine debt, preferred equity, and equity investments. Mr. Toporovsky joined the Company in 2007 following positions in consulting. Mr. Toporovsky holds an A.B. in Economics from the University of Chicago and an M.S. and M.B.A. from Columbia University.
Tye Palonen currently serves as Senior Vice President, Investments with a focus on ground lease investments. Tye has over fifteen years of real estate investment experience, most recently serving as the head of ground lease investments for a family office based in Los Angeles. Tye began his real estate career at Deutsche Bank in New York City as a member of the Real Estate, Gaming and Lodging Investment Banking Group where he advised public and private companies on a variety of capital markets and M&A transactions totaling over $20 billion. Tye received his MBA from Georgetown University’s McDonough School of Business and holds a B.S. in Business Administration from the University of Arizona.