Zach Schwanbeck joined U3 Advisors in 2013 and has since provided services for a variety of clients, including higher education institutions such as Cornell University, Manhattan College, Yeshiva University, and Stevens Institute of Technology, as well as for a community bank, a nursing home, and a network of domestic violence shelters, among others. His projects have involved various combinations of academic space, market rate and affordable multifamily housing, student housing, office, retail, and mixed-use development, often involving complex site analysis and partnerships with institutions. Zach’s services include project management, financial modeling and valuations, market analysis and feasibility studies, real estate transactions, developer solicitations and partnerships, and research.
Prior to joining U3 Advisors, Zach was a Senior Project Manager at the New York City Economic Development Corporation (NYCEDC), managing a diverse array of public/private real estate projects on behalf of the Bloomberg administration. He negotiated a number of property transactions resulting in ground-up industrial construction, adaptive reuse of historic structures, and workouts of properties in default. Zach authored and released requests for proposals to procure developers for City properties, then led developers through New York’s public land use approval processes. He also completed a wide variety of financial modeling, feasibility analysis, and strategic planning assignments, ranging from rezoning proposals to wetlands restoration, and helped assemble complex tax incentive packages to induce large companies, such as Morgan Stanley, Pearson Education, and Fresh Direct, to create and retain jobs in the City.
Prior to joining NYCEDC, Zach earned his MS in real estate from New York University with a concentration in development, while also completing several affordable housing-focused internships, including a summer position at the Local Initiatives Support Corporation. Upon graduation from NYU, Zach was awarded the Lambda Alpha Distinguished Service Award for his role leading student groups and enhancing the school’s sustainability focus.
Zach previously earned a BS in architecture from Washington University, magna cum laude, and helped design and implement office and residential construction projects, including restoring affordable housing complexes in New Orleans damaged by Hurricane Katrina. He is a director of Public/Private Real Estate Professionals of NY. Zach is a licensed real estate broker in New York.