David E. Marx, Owner / Chief Executive Officer

Mr. Marx is an attorney and a real estate developer in New York City. Over the last 30 years, Mr. Marx has developed properties valued at almost half a billion dollars, with many of these properties continuing to be owned and managed by his various real estate entities. In addition to these entities, Mr. Marx owns the construction firm Atria Builders, LLC and the architectural design firm DSM Design Group. As part of the Marx Development Groups holdings, Mr. Marx owns the federally regulated HUD Mortgage Lender, Rockhall Funding Corp. that has generated loans of more than $700,000,000. Mr. Marx's real estate developments are quite diverse and include a wide spectrum of the market place. Developments include healthcare, assisted living facilities, middle income to luxury residential complexes and educational institutions.

Mr. Marx's development endeavors have fostered long lasting financing relationships in the public and private sectors.  On the public side, these relationships include the U.S. Department of Housing and Urban Development (HUD), New York City's Housing Development Corporation (HDC) and the New York Community Preservation Corporation (CPC). His relationships in the private lending arena include but are not limited to Banco Popular, Washington Mutual, Dime Savings Bank, The Berkshire Bank. A major portion of the almost two million square feet of real estate development and construction Mr. Marx has completed in the New York City area includes skilled nursing homes and assisted living facilities. The development of these particular type projects are considered unique by most real estate development standards in that Mr. Marx purchased the properties, obtained the necessary zoning and community board approvals, designed the architectural and structural aspects of each in-house, constructed the buildings using in-house management and certain labor trades and now owns the finished product. While the nursing homes are leased to New York State Certified Nursing Home Operators, the assisted living facilities are operated by a Marx management company. Each of these types of development is financed by HUD through Mr. Marx’s mortgage lending company. The development approach described above is also implemented in a similar fashion for other properties and each is adjusted to meet the dynamic aspects of the residential and educational/institution market places. Mr. Marx earned his Bachelor of Science in Economics from Queens College –CUNY as well as his Juris Doctorate from Fordham University School of Law before being admitted to the New York State Bar. Mr. Marx serves on the Board of Directors for a prestigious private elementary school and is the lead advisor to its $30,000,000 campus upgrade. Mr. Marx is well respected and an active member in his local community specifically spending free time guiding religious and educational groups.

David N. Slifkin, Chief Executive Officer - Divisional

David Slifkin is the Chief Executive Officer of Boulevard Health Management, LLC. Prior to joining the company, he was the CEO of Personal Touch Home Care and its insurance subsidiary Integra Managed Long Term Care. Combined these entities service 12,000 patients on a daily basis and maintain a workforce of 16,000 employees. Over a 25-year period Mr. Slifkin transformed the company from a local $39 million establishment to a national provider with over $500 million in revenue. He navigated the organization through a complex regulatory environment and maintained profitability in substantially every quarter since joining the organization; he also engineered an $85 million refinancing facility for the company. Prior to this he held Senior management positions in several other health related organizations including NASDAQ-Traded Home Health Care Companies. Utilizing the skills developed over the last 35 years including evaluating business opportunities, negotiating and integrating acquisitions, developing start-up operations, obtaining necessary financing, installing management information systems, hiring senior staff and building a successful management team focused on success, David Slifkin will guide Boulevard Health Management, LLC. in becoming a market leader. His commitment has and always will be to create an organization that provides the highest level of care to its patients. Mr. Slifkin is a certified public accountant and has received numerous awards for his contributions to the communities he has serviced.

Tom Xavier, Chief Operating Officer - Endeavor Hospitality Group

Tom Xavier,

Chief Operating Officer, Endeavor Hospitality Group

As Chief Operating Officer for Endeavor Hospitality Group, a premiere hotel management company located in New York City, Tom Xavier is responsible for asset management, new asset development, and overall operations and performance for Endeavor Hospitality Group properties. With three decades of hospitality experience, Xavier has demonstrated his commitment to excellence in leadership roles with world-class hotels and resorts in destination markets across the United States including Gaylord Opryland Resort in Nashville, MGM Grand Casino Resort in Las Vegas, Renaissance Las Vegas, the largest non-gaming resort in Nevada, the Luxe City Center Hotel and Sheraton Gateway, in Los Angeles. A graduate of the University of Denver, Xavier is an adjunct professor for the University’s hospitality program.

Edward M. Grunwald , Executive Vice President, Construction - Atria Builders

Mr. Grunwald is a seasoned construction industry professional with more than 30 years of experience in projects along the U.S. eastern seaboard down to the Caribbean Islands. He has held senior positions as Construction Manager and General Contractor within a wide range of market sectors including, governmental institutions, healthcare, residential, commercial retail, hospitality/entertainment, transportation and technology. Mr. Grunwald has served in the capacity of Senior Vice President for Atria Builders, LLC for the past 17 years and has managed more than $200,000,000 in construction projects during his tenure. Mr. Grunwald was Atria Builders’ first employee and facilitated its growth over the years to include 22 in-house management and administrative employees as well as over 225 field assigned project managers, supervisors and trade labor at its building peak. Before joining Atria Builders, Mr. Grunwald was the Project Planning Director and a Project Manager for Morse Diesel International and was assigned to the $1.4 billion JFK Airport International Arrivals Building at Terminal #4. The replacement of the existing Terminal #4 was performed in phases while the existing terminal remained operational. Mr. Grunwald coordinated the many Project participants that included the New York/New Jersey Port Authority, the Terminal Operator, the Design Team, Airline Tenants and the Contractors who at the peak of construction manned the site with more than 1,200 tradesmen per day. Prior to the Airport work, Mr. Grunwald served as Vice President of Construction Management for the New York based Tri-Tech Group. In this capacity, Mr. Grunwald was responsible for marketing and the construction management of projects primarily along the east coast that included the renovation of State Houses in Massachusetts and New Jersey, the New Research Building at Rockefeller University in Manhattan, the Mohegan Casino and Resort in Connecticut, the Peabody Hotel and Office Tower in Memphis Tennessee, the IL Villaggio at South Beach in Miami Florida and the second phase of the Atlantis Resort and Casino on Paradise Island in the Bahamas. Mr. Grunwald earned his Bachelor of Science in Architecture from New York Institute of Technology as well as a Construction Management Certification from Polytechnic University. Mr. Grunwald has served on the Career Advisor Board for New York Institute of Technology and continues to serve on the Board of Directors for the Long Island Ice Hockey Club. Mr. Grunwald also sets time aside to coach young ice hockey players and little league baseball clubs.

Yehuda Fishman, C.P.A

Mr. Frishman currently serves as the CFO for the Marx Development Group, whose holdings include a federally regulated HUD Mortgage Lender, an Assisted Living Facility, real estate development and property management companies. In addition, Mr. Frishman serves as the Comptroller for Atria Builders, LLC, the construction arm of the Marx Development Group as well as its architectural design firm, DSM Design Group. Using the latest technology in accounting software, Mr. Frishman manages these entities and his staff of accountants and bookkeepers to guide the diverse holdings of the Marx Development Group to proactive financial forecasting and success. Mr. Frishman has instituted weekly in-house management meetings with all top managers and executives in attendance to review the status of each of their departments and when necessary institutes corrective procedures to ensure financial health for each. Mr. Frishman’s accounting and management methods enable him to report on a regular basis to not only the principles of the Marx Development Group but also Governmental Agencies, Bank Executives and Board Members as well as several sophisticated auditors. Organizing and monitoring the financial status and future of the Marx Development Group is his responsibility and it is fulfilled in a professional manner. Before joining the Marx Development Group in 2002, Mr. Frishman planned and performed audits and financial reviews of significant and varying businesses however focusing on government funded healthcare facilities that were not-for-profit as well as for –profit. Mr., Frishman established staff requirements and prepared and reviewed financial statements, evaluated internal controls and prepared Management Letters to the Board of Directors for review and business decisions. These efforts were performed while under the employ of the high profile accounting firms of Ernst & Young and Loeb Troper in New York City. Mr. Frishman graduated from Queens College – CUNY Magna Cum Laude with a Bachelor of Arts in Accounting with High Honors and was the recipient of the McGraw-Hill Accounting Award of Excellence. In addition to Mr. Frishman’s daily to duties described above, Mr. Frishman serves as the Financial Overseer of the $30,000,000 campus upgrade of a prestigious private elementary school and reports regularly to the school’s Board of Directors. Mr. Frishman is active in local community activities and contributes free time to educational and religious events.

Eli Bechhofer, Vice President- Real Estate Acquisitions

Mr. Bechhofer serves as the Vice President of Acquisitions and is responsible for underwriting, due diligence, valuation, capital markets and deal execution. He serves as an integral part of the Management Team that drives the implementation of new projects. Mr. Bechhofer is responsible for the initial projections and budgets for new ventures. He ensures adequate funding is available to complete construction and bring projects to the operational stages. Mr. Bechhofer works closely with the company’s lenders to ensure compliance with all covenants during the pre-operational stages. He has extensive knowledge of the real estate market and valuations on comparative property. He manages the consultants who forecast occupancy percentages, room rates, and potential new competition in the area. His extensive knowledge of capital markets insures the organization will obtain the best possible financing and terms available. Prior to joining the company, he served as Senior Analyst of Asset Management for Schreiber Investment Properties.

Winnie Ng, Chief Executive Officer - Manhattan Regional Center

Attorney Ng is the Chief Executive Officer (CEO) of the Manhattan Regional Center (MRC) and the Chief Counsel of MRC’s associated projects. Attorney Ng directs the affairs of MRC and works closely with securities and immigration counsels in an effort to ensure that MRC and its associated projects are compliant with current EB-5 and securities laws and regulations. Attorney Ng frequently participates in panel discussions, speaks at conferences and seminars, and conducts EB-5 trainings in the United States and overseas.  She has also authored and co-authored various articles on EB-5 and EB-5 related topics.  She is a firm believer and advocate of increased transparency at all levels in the EB-5 process, especially in the path and usage of EB-5 funds, to eliminate bad actors in the industry and to assist investors achieve immigration and investment success.

James Katilus, Chief Underwriter - Rockhall Capital Funding

Jaymes Katilus is the Chief Underwriter of Rockhall Capital Funding and oversees all MAP and LEAN mortgage transactions submitted to the Department of Housing and Urban Development for FHA Mortgage Insurance. Jaymes joined Rockhall in 2018 and previously served in the same position for American Property Financing, Wachovia Multifamily Capital and Tavernier Capital Funding. Mr. Katilus has underwritten countless mortgage transactions involving nearly every Section of the National Housing Act and has been personally involved in underwriting over $1 billion of FHA insured financing. He has personally underwritten successful applications under Sections 221(d)3, 221(d)4, 223(f), 223(a)7, 232, 232/223(f), 202, 241(a) and 241(f) of the National Housing Act. Additionally, he is well versed in the seldom-utilized 231 and 242 programs and has underwritten 202 direct loans and 236 “Decouplings”. A number of these transactions have also included Low Income Housing Tax Credits, Historic Tax Credits, Hope VI Revitalization Grants and Tax-Exempt Bond Financing combined with FHA insured financing.

Warren L. Schiffman, Vice President- Principal Architect

Mr. Schiffman is a licensed architect working in New York City. He is the principal architect in the DSM Design Group and has been practicing architecture for the past 56 years. During his career as an architect, Mr. Schiffman has worked with public agencies, private developers, city and state governments at all levels and the US federal government. Mr. Schiffman’s experience transcends national work in that he has designed, supervised and built many international projects. In addition to practicing architecture, Mr. Schiffman has also served as the Director of Development for a number of Real Estate Development/Holding Companies, responsible for site selection and evaluation of residential and commercial projects. Mr. Schiffman has won design competitions both domestically and internationally and his work has received numerous awards for design excellence from professional groups and organizations. His extensive experience includes master planning and specific component design for new cities, both in Iran and in New Jersey; and a wide range of other projects including schools and recreational developments in Saudi Arabia; performing art centers, museums, university buildings, parks and office buildings. Mr. Schiffman has also designed hotels for both domestic and international clients including a Sheraton in Beijing, Marriott, Intercontinental and Westin. Mr. Schiffman is currently involved in the design and construction of specialized facilities for the elderly; nursing homes, assisted living facilities and senior housing which require a special knowledge of the requirements and understanding of senior citizens. Mr. Schiffman has a degree in Architecture from Syracuse University and served in the USAF from 1958 through 1961 when he was honorably discharged. Mr. Schiffman was born and raised in New York City and currently resides in Oyster bay, NY with his wife.

Michael P. Kirsch, Chief Operating Officer- Divisional

Michael Kirsch is the Chief Operating Officer of Boulevard Health Management, LLC. He has spent his entire 28-year career in the Skilled Nursing Facility industry. Specializing in turning around problematic facilities in regulatory and/or financial crisis, Mr. Kirsch has progressively worked his way from operating facilities at a regional capacity, to divisional vice President management. Recently responsible for 70 facilities in 13 states with annual earnings of $645 million. Michael redefined the organizations structure and streamlined necessary functions to ensure operational aggrandizement and financial vitality. Michael prides himself on building and supporting quality teams along with programs that provide industry leading results and satisfaction. Networking and establishing relationships with integral community providers, that value his deliverance and trust him in providing quality services over other preferred networks. Bringing quality care enforces increasing occupancy levels, and inventive business strategies that benefit our clients and staff. Michael is responsible of resident experience on property, and facilities oversight. He also oversees all operational aspects of new as well as the transition of existing facilities to Boulevard Health Management, LLC. portfolio. Mr. Kirsch’s goal is to usher in a new chapter of growth and ensure that facility functions are a custom fit for the intended community.

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