The Bravitas Group’s portfolio of adaptive reuse projects include repurposed bank buildings such as The Wilson at 307 Bloomfield Ave. in Caldwell. — Courtesy: The Bravitas Group
By Joshua Burd
A new generation has joined The Bravitas Group Inc. in Montclair as the real estate firm’s managing director for acquisitions and strategic initiatives.
In a news release, the company said Brian Silver joins its team with extensive development experience and past positions with Partners Group AG and Time Equities Inc. He will now work closely with Robert Silver, his father and The Bravitas Group’s co-founder and CEO, with a focus on growing the firm’s real estate acquisitions, overseeing strategic asset management initiatives and managing investor relationships.
The company, which specializes in the adaptive reuse of architecturally distinctive buildings, currently owns and manages multiple office properties in Montclair and Caldwell.
“The business has grown substantially, and I have grown substantially older,” Bob Silver joked. “I was looking for the ultimate partner and, with Brian’s experience in commercial real estate, I knew he was well-suited to take The Bravitas Group to the next level.”
Founded by Bob and Rhonda Silver in 2006, the firm works alongside architects, designers, builders and engineers to acquire and repurpose vacant properties. Its current portfolio includes repurposed church and bank buildings that now serve as custom office suites, along with the recently added, 62-year-old former First Church of Christ Scientist building at 211 Broad St. in Red Bank.
With Brian Silver on the team, Bravitas now aims to acquire more buildings in target markets throughout the tristate region.
“My father started the company in 2006 and built a brand we are all proud of,” he said. “I’m excited that by joining The Bravitas Group, I will be able to see and impact people in my day-to-day work. Everything we do as a company is service-oriented, which is very fulfilling. I love how our tenants love us and I’m proud of the impact we have on our community.”
With Partners Group AG, a global investment manager, Brian Silver worked on the private real estate team and completed $3 billion in new real estate transactions throughout the U.S., the news release sad. Before that, he worked in acquisitions and asset management at Time Equities, a vertically integrated owner and operator of real estate throughout the U.S. and Europe.
The younger Silver has a bachelor’s degree from Cornell University and a master’s in real estate development from New York University.