Steven  Shepsman
Tel: 646.723.4775   Fax: 646.723.4760
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Steven H. Shepsman is an Executive Managing Director and Founder of New World Realty Advisors, LLC.  Mr. Shepsman was a Managing Partner of Kenneth Leventhal and Company and of Ernst & Young’s Real Estate Practice. He was responsible for many of the firm's most challenging and significant engagements including complex valuation assignments of large performing and nonperforming real estate and real estate loan portfolios, litigation assignments, large judicial and nonjudicial restructurings, M&A support, capital markets activities including entity, portfolio and property debt and equity (private and public) financings, integrating tax, accounting and regulatory issues into these various assignments. He was also responsible for the development and supervision of the firm's senior professionals.

His clients included numerous leading banks, investment banks, insurance companies, funds, developers, homebuilders, investors, law firms and a variety
of real estate service firms.

As a principal in a real estate fund, he was responsible for the initial due diligence and closing of significant investments in a variety of platforms, including student housing, assisted living, medical office, hospitality/ gaming, parking/ land banking and various privatization programs. He directed the subsequent acquisition and financing by those platform entities of in excess of $1 billion of real estate investments. Mr. Shepsman also participated in the disposition of these investments through sales, initial public offerings, restructurings and recapitalizations.

Mr. Shepsman received his B.S. in business administration from the University at Buffalo and is presently the Chairman of the Dean’s Advisory Council for its School of Management.