
Dana
Rowan has over 25 years of commercial real estate
investment and development experience ranging from the
formation of smaller entrepreneurial ventures to
managing the needs of large institutions. Prior to
founding the Exeter Companies, he served as Senior Vice
President, Director of Asset Management and subsequently
Director of Portfolio and Corporate Strategy for New
Boston Fund, a company with a portfolio of 12 million
square feet of properties with an aggregate value in
excess of $1.5 billion. In his capacity as a senior
executive at New Boston Fund, Mr. Rowan also served as
an officer of the firm’s Executive Committee and
Investment Committee where he reviewed and presided over
all investment and development underwriting for the
company. Before joining New Boston Fund, Mr. Rowan was
an investment manager with the Prudential Realty Group
(Prudential Insurance Company of America), where he was
responsible for transactions and asset management for
the institution’s $3.0 billion general account and
separate account portfolios in New England and New York
(excluding New York City). Periodically, he was also
commissioned by the Prudential’s corporate office in New
Jersey to manage complex investment transactions for the
company in New York,
Philadelphia and Washington, DC and
periodically assisted with national investment committee
underwriting.
Subsequent to his nationally focused institutional
experience, Mr. Rowan directed the real estate workout,
restructuring, investment and development advisory
practice for The Recovery Group, one of New England’s
largest firms specializing in restructuring, crisis
management, bankruptcy, asset recapitalization and
liquidation. As head of the real estate practice, Mr.
Rowan worked through both single assets as well as
numerous portfolios in excess of $250 million per
portfolio. He was also a founder and partner in two
investment and advisory ventures in New York and Boston
that both acquired under performing properties in the US
and assisted owners with launching investment funds and
capitalizing and developing challenging real estate
projects. Over the past 25 years, Mr. Rowan’s
development activities have been focused primarily in
Massachusetts, New Hampshire, New York, Rhode Island,
and Florida, including serving as project manager for
the redevelopment of a four-block assemblage of
waterfront buildings in New York City’s South Street
Seaport Historic District into retail stores, office
space, condos, apartments and hotels. This latter
project, which involved an eight-year entitlement
process, represented but one of several large-scale
projects drawing upon Mr. Rowan’s substantial core
competency in and affinity for complex public/private
joint venture development and redevelopment endeavors.
Mr.
Rowan is the past national chairman of the National
Association of Industrial and Office Properties (NAIOP),
the past chairman of the NAIOP Massachusetts Chapter,
the recent chairman of the national association’s Tax
and Finance Committee and currently serves as Director
Emeritus on the organization’s national board as a
founding and highly active member of NAIOP’s Urban
Redevelopment Forum. He is also a founding director and
recent officer of the NAIOP Research Foundation. In
1998, Mr. Rowan received the national organization’s
Distinguished Service Award, recognizing his
extraordinary contributions, leadership and commitment
to the organization over the prior 15 years.
Mr.
Rowan is an active member of the Urban Land Institute (IOPC
Council), the Real Estate Finance Association, the
Pension Real Estate Association, the National
Association of Real Estate Investment Managers, the Real
Estate Investment Advisory Council and the International
Real Estate Federation (FIABCI). In addition, he is a
director of the Harvard University Alumni Association,
an executive council member and past chairman of the
Harvard Kennedy School of Government Alumni Association,
a recent member of the Leadership Council of the Harvard
Kennedy School’s Center for Business and Government and
an overseer of the Boston Architectural Center. Mr.
Rowan is a graduate of Dartmouth College, has a masters
degree in finance and urban economic development from
the Harvard Kennedy School of Government and an MBA from
the Boston University School of Management.
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