Nearly six months after Cushman & Wakefield announced he would depart at as the real estate company’s chief executive officer, Glenn Rufrano has landed on his feet.
O’Connor Capital Partners, a real estate investment, development and management firm, announced today that Mr. Rufrano would return to the company as chairman and chief executive. Mr. Rufrano had previously enjoyed a 17-year spell with O’Connor, beginning in 1983.
“I am very excited about joining O’Connor Capital Partners full-time as both CEO and a partner,” Mr. Rufrano said in a prepared statement. “This is a firm with a proud legacy, an extremely strong management team and a great future.”
Mr. Rufrano resigned abruptly from Cushman & Wakefield in June and was replaced on an interim basis by Carlo Barel di Sant’Albano. At the time of the announcement, Mr. Sant’Albano described Mr. Rufrano’s departure as an amicable, mutual decision. Mr. Rufrano had been at Cushman & Wakefield since 2010.
Based in New York, with an office in Mexico City, O’Connor Capital Partners boasts approximately $3.5 billion in assets under management. The firm’s retail platform manages close to 14 million square feet of properties including 3 million square feet in Mexico.
In the residential market, O’Connor Capital oversees approximately 8,000 multifamily units and is set to open a 188-unit rental project in Long Island City later this month.