Andrew is a co-founder and principal of Lauderhill Partners, LLC. He serves as Chief Executive Officer of Campus Evolution Villages, LLC and Chief Operating Officer of Campus Evolution, LLC, and brings over 20 years of hands-on real estate experience to the table. Widely regarded as an entrepreneurial and innovative thinker in the real estate industry, Andrew’s experience crosses from legal, finance, architecture, land development, construction, strategic planning and capital markets. This is evidenced by his taking a regional residential developer/builder from $20 million in revenues to more than $235 million in annual revenues, and successfully completing two sales/recapitalizations with publicly traded firms. He served as President of WCI Communities, Inc. for the Northeast and Mid-Atlantic U.S. regions after selling a company that he ran to WCI. Mr. Stark acquired and obtained approvals for approximately three thousand residential units, having secured financing of approximately $500 million from both domestic and international lending institutions, leading the firm to a dramatic increase in annual revenue.
Mr. Stark was also instrumental in launching American Campus Communities (NASDAQ: ACC), an early student housing company, which later went on to be the first company in the sector to go public on a US stock exchange. Andrew was successful in bringing creative thinking and capital to this student-housing vehicle in a sector that was in its infancy.
Prior to launching Lauderhill and Campus Evolution, Mr. Stark oversaw and consummated the recapitalization of a ’34 Act specialty finance company with private equity funding. He was responsible for negotiating and completing this highly complex transaction in the face of shareholder challenges and pending investigations. Mr. Stark secured capital commitments for the transaction, and after closing, immediately implemented action items to stabilize the management of the organization and commenced asset dispositions to move the company into positive cash positions for future originations and growth.
As Managing Director of Cantor Fitzgerald, Mr. Stark focused on opportunistic investments in real estate assets and platform vehicles, including distressed land assets, development projects and strategic investments in capital constrained assets. He developed platform focused real estate ventures under the Merchant Banking Group raising third party capital to be invested alongside partnership capital in such areas as distressed asset and debt acquisitions, and in specific sectors including a failed bank asset acquisition platform. Mr. Stark was also responsible for investment bank advisory services in connection with large-scale work-outs/restructurings and capital-raising for clients including government entities and debt and equity capital raises for real estate operating and development projects.
Mr. Stark practiced law for six years at Lord, Day & Lord Barrett Smith in New York City. He holds a BA from George Washington University and a Juris Doctor law degree from Hofstra University School of Law, where he was a member of the Law Review. He recently completed a 3 year term as Council Chair on the Residential Neighborhood Development Council of the Urban Land Institute and is a frequent panelist on emerging trends. For many years, he served on the Westchester Board for the March of Dimes.
CEV’s mission is to consistently deliver a superior experience through our singularly focused student housing.
Campus Evolution Villages owns and/or manages more than 11,000 beds today at 21 universities.
We take our responsibility of care seriously – and we’re here to help. Student living is what we do.