Rose Associates, the New York-based multi-family real estate developer and operator, announced today that it has hired Can Tavsanoglu as a director on the acquisitions team. An industry veteran, Tavsanoglu will focus on executing Rose’s new investment strategy by expanding the firm’s acquisition efforts in New York City and the tri-state area.

“Can has deep expertise in real estate investment and development and he’ll be a great asset to Rose as our firm continues to aggressively seek opportunities in transit-oriented locations,” said Marc Ehrlich, chief investment officer of Rose Associates.

Tavsanoglu, 34, joins Rose from Caldera Real Estate Ventures, a boutique real estate investor and developer in New York and Miami. Prior to Caldera, Tavsanoglu worked with XIN Development International, the US investment arm of the publicly traded XINYUAN Real Estate Co., Ltd., where he was director of acquisitions and finance. During his time at XIN, Tavsanoglu was responsible for sourcing, negotiating, structuring and closing transactions in multi-family investments, ground-up condo developments and residential conversion projects. In previous years, Can was vice president of acquisitions at Lightstone Group, a company with over $2 billion in assets; and in his early career with American Properties, a New York based, private real estate investment firm where he underwrote multifamily residential and commercial investment opportunities.

During his career, Can has been involved in closed transactions, developments and financings totaling more than $1.5 billion.

Born in Turkey, Tavsanoglu earned a Masters degree in real estate from Columbia University and a Bachelor of Architecture from Istanbul Technical University.

About Rose Associates, Inc.

Rose Associates is a premier real estate firms specializing in luxury multifamily rental properties in New York City and the tri-state area. Focused on the development, acquisition and management of the highest quality assets, the firm has completed over $2 billion of adaptive reuse and ground-up projects over the past five years. Rose’s management platform incorporates state-of-the-art services to maximize revenue and enhance asset value, ensuring that Rose properties consistently outperform the market. Under the leadership of CEO and President Amy Rose, the firm is pursuing a diverse, aggressive growth strategy to expand its 14,000-unit portfolio and raise $1 billion by 2020 to execute new transit-oriented developments in the five boroughs, New Jersey and Westchester.