Ray Garfield is an accomplished leader in the financing and development of essential facilities for municipalities and other public sector entities. With an extensive Wall Street background, he focuses primarily on working with investment banking partners, bond and underwriter’s counsels to engineer creative financing structures and securing capital for essential public/private developments.
Mr. Garfield founded Garfield Corporation in 1997 to finance and develop publicly-owned and public/private facilities, and expanded the firm as Garfield Traub Development in 2003. Through 2012, the firms had completed or under development over $1 billion in public/private facilities, including performing arts centers, convention centers, conference centers and headquarters hotels, justice and public safety facilities, K-12 and higher education buildings, government office buildings, parking garages, and other vital public infrastructure.
Prior to 1997, Mr. Garfield served as Chairman and CEO or as a Senior Executive of a number of major private or publicly-held national development, real estate services, and financial services companies, including Vista Properties, Inc., Cushman & Wakefield, Inc., Salomon Brothers, and Merrill Lynch Commercial Real Estate. In that capacity, he was responsible for the development or disposition of more than 9000 acres of urban properties totaling over $1 billion and the sale or financing of major properties totaling over $6 billion nationwide.
Mr. Garfield has been a member of leading professional real estate organizations including the Urban Land Institute (ULI) and the International Council of Shopping Centers (ICSC), and has been a board member of two public companies, Vista Properties, Inc. and Harvard Industries. He has been a featured speaker and panelist at real estate conferences throughout the nation including The Americas Lodging Investment Summit (ALIS), the International Economic Development Council (IEDC), and the National Council for Public Private Partnerships (NCPPP).
Mr. Garfield received a Bachelor of Science Degree in Engineering from the United States Naval Academy and served as a Naval Aviator. As a Disabled American Veteran, Mr. Garfield’s firm is designated as a Service Disabled Veteran Owned Business.