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About Us

About Us

Management Team

Daniel R. Gilbert | Co-Chairman, Chief Executive Officer and President

Mr. Gilbert has been our Co-Chairman since August 2015, and our Chief Executive Officer and President since March 2014. Mr. Gilbert is also a member of our advisor’s investment committee. He has also served as Chief Investment and Operating Officer of NorthStar Asset Management Group, Ltd, a wholly owned subsidiary of NSAM and parent company of our advisor, since June 2014, and of NorthStar Realty since January 2013.

Mr. Gilbert also serves as the Chief Executive Officer and President of each of NorthStar Income and NorthStar Income II, positions he has held since their inceptions, in January 2009 and December 2012, respectively, and as Chairman of the board of directors of each of those companies since August 2015. Mr. Gilbert has also served as Executive Chairman of NorthStar Healthcare since January 2014, having previously served as its Chief Executive Officer from August 2012 to January 2014.

Previously, Mr. Gilbert served as Co-President of NorthStar Realty from April 2011 until January 2013 and in various other senior management positions since its initial public offering in October 2004. Mr. Gilbert served as an Executive Vice President and Managing Director of Mezzanine Lending of NorthStar Capital Investment Corp., a predecessor company of NorthStar Realty. Prior to that role, Mr. Gilbert was with Merrill Lynch & Co. in its Global Principal Investments and Commercial Real Estate Department and prior to joining Merrill Lynch, held accounting and legal-related positions at Prudential Securities Incorporated.

Mr. Gilbert holds a Bachelor of Arts degree from Union College in Schenectady, New York.

Frank V. Saracino, Chief Financial Officer and Treasurer

Frank V. Saracino has been our Chief Financial Officer and Treasurer since August 2015. In addition, Mr. Saracino has served as Chief Financial Officer and Treasurer of each of NorthStar Real Estate Income Trust, Inc., NorthStar Healthcare Income, Inc. and NorthStar Real Estate Income II, Inc. since August 2015.

Prior to joining NorthStar, Mr. Saracino was with Prospect Capital Corporation (Prospect) from July 2012 to December 2014, where he concentrated on portfolio management, strategic and growth initiatives and other management functions. In addition, during his tenure at Prospect, Mr. Saracino served as Chief Financial Officer, Chief Compliance Officer, Treasurer and Secretary of each of Priority Senior Secured Income Fund, Inc. and Pathway Energy Infrastructure Fund, Inc. and their respective investment advisers and served as a Managing Director of Prospect Administration, LLC.

Prior to joining Prospect, Mr. Saracino was a Managing Director at Macquarie Group and Head of Finance from August 2008 to June 2012 for its Americas non-trading businesses which included private equity, asset management, lease financing, private wealth, and investment banking. From 2004 to 2008, he served first as Controller and then as Chief Accounting Officer of eSpeed, Inc. (now BGC Partners, Inc.), a publicly-traded subsidiary of Cantor Fitzgerald. Prior to that, Mr. Saracino worked as an investment banker at Deutsche Bank advising clients in the telecom industry. Mr. Saracino started his career in public accounting at Coopers & Lybrand (now PricewaterhouseCoopers) where he earned a CPA and subsequently worked in internal auditing for The Dun & Bradstreet Corporation.

Mr. Saracino holds a Bachelor of Science degree from Syracuse University.

Brett S. Klein | Chief Operating Officer 

Mr. Klein is our Chief Operating Officer.  Mr. Klein currently serves as a Managing Director of an affiliate of NSAM, a position he has held since June 2014, and heads its Alternative and Structured Products Group, having previously served as Managing Director of NorthStar Realty since January 2011. Mr. Klein’s responsibilities include oversight of the operational elements of NSAM’s sponsored non-traded REITs and the coordination of sponsor-related activities of NSAM’s broker-dealer, NorthStar Securities. In addition, Mr. Klein is responsible for capital markets execution on behalf of the Managed Companies, including credit facility sourcing/structuring and securitization.

Mr. Klein joined NorthStar Realty in October 2004, prior to its initial public offering and works closely with the accounting and legal departments and remains involved in both the investment and portfolio management and servicing businesses. From August 2004 to October 2004, Mr. Klein was an analyst at NorthStar Capital Investment Corp., a predecessor company of NorthStar Realty.  From 2000 to 2004, Mr. Klein worked in the CMBS group at Fitch Ratings, Inc., as Associate Director, where he focused on commercial real estate related securitization transactions.

Mr. Klein holds a Bachelor of Science in Finance, Investment and Banking in addition to Risk Management and Insurance from the University of Wisconsin in Madison, Wisconsin.

Ann B. Harrington | General Counsel and Secretary

Ms. Harrington has been General Counsel and Secretary of NorthStar/RXR New York Metro Real Estate, Inc. since February 2017. Ms. Harrington currently serves as Senior Vice President, Associate General Counsel of Colony NorthStar, Inc., a position she has held since January 2017. Ms. Harrington previously served as Senior Corporate Counsel of NorthStar Asset Management Group Inc., the predecessor to Colony NorthStar, since January 2015. Ms. Harrington also serves as General Counsel and Secretary of NorthStar Healthcare Income, Inc., a position she has held since May 2016.

Prior to her current position, Ms. Harrington served as an associate in the Corporate and Financial Services Group of Willkie Farr & Gallagher LLP from September 2008 through December 2014 where she advised public and private corporate clients with respect to capital markets transactions, mergers and acquisitions, securities laws compliance, corporate governance and other general corporate matters.

Ms. Harrington holds a Bachelor of Arts from Princeton University in Princeton, New Jersey and a Juris Doctor from The Ohio State University Moritz College of Law in Columbus, Ohio.

Daniel R. Gilbert | Chief Executive Officer and President

Mr. Gilbert has been our Co-Chairman since August 2015, and our Chief Executive Officer and President since March 2014. Mr. Gilbert is also a member of our advisor’s investment committee. He has also served as Chief Investment and Operating Officer of NorthStar Asset Management Group, Ltd, a wholly owned subsidiary of NSAM and parent company of our advisor, since June 2014, and of NorthStar Realty since January 2013.

Mr. Gilbert also serves as the Chief Executive Officer and President of each of NorthStar Income and NorthStar Income II, positions he has held since their inceptions, in January 2009 and December 2012, respectively, and as Chairman of the board of directors of each of those companies since August 2015. Mr. Gilbert has also served as Executive Chairman of NorthStar Healthcare since January 2014, having previously served as its Chief Executive Officer from August 2012 to January 2014.

Previously, Mr. Gilbert served as Co-President of NorthStar Realty from April 2011 until January 2013 and in various other senior management positions since its initial public offering in October 2004. Mr. Gilbert served as an Executive Vice President and Managing Director of Mezzanine Lending of NorthStar Capital Investment Corp., a predecessor company of NorthStar Realty. Prior to that role, Mr. Gilbert was with Merrill Lynch & Co. in its Global Principal Investments and Commercial Real Estate Department and prior to joining Merrill Lynch, held accounting and legal-related positions at Prudential Securities Incorporated.

Mr. Gilbert holds a Bachelor of Arts degree from Union College in Schenectady, New York.

Frank V. Saracino, Chief Financial Officer and Treasurer

Frank V. Saracino has been our Chief Financial Officer and Treasurer since August 2015. In addition, Mr. Saracino has served as Chief Financial Officer and Treasurer of each of NorthStar Real Estate Income Trust, Inc., NorthStar Healthcare Income, Inc. and NorthStar Real Estate Income II, Inc. since August 2015.

Prior to joining NorthStar, Mr. Saracino was with Prospect Capital Corporation (Prospect) from July 2012 to December 2014, where he concentrated on portfolio management, strategic and growth initiatives and other management functions. In addition, during his tenure at Prospect, Mr. Saracino served as Chief Financial Officer, Chief Compliance Officer, Treasurer and Secretary of each of Priority Senior Secured Income Fund, Inc. and Pathway Energy Infrastructure Fund, Inc. and their respective investment advisers and served as a Managing Director of Prospect Administration, LLC.

Prior to joining Prospect, Mr. Saracino was a Managing Director at Macquarie Group and Head of Finance from August 2008 to June 2012 for its Americas non-trading businesses which included private equity, asset management, lease financing, private wealth, and investment banking. From 2004 to 2008, he served first as Controller and then as Chief Accounting Officer of eSpeed, Inc. (now BGC Partners, Inc.), a publicly-traded subsidiary of Cantor Fitzgerald. Prior to that, Mr. Saracino worked as an investment banker at Deutsche Bank advising clients in the telecom industry. Mr. Saracino started his career in public accounting at Coopers & Lybrand (now PricewaterhouseCoopers) where he earned a CPA and subsequently worked in internal auditing for The Dun & Bradstreet Corporation.

Mr. Saracino holds a Bachelor of Science degree from Syracuse University.

Ronald J. Lieberman | Executive Vice President, General Counsel and Secretary

Mr. Lieberman has been our Executive Vice President, General Counsel and Secretary since March 2014. Mr. Lieberman currently serves as Executive Vice President, General Counsel and Secretary of NSAM, a position he has held since January 2014. He has also served as NorthStar Realty’s Executive Vice President, General Counsel and Secretary since April 2012, April 2011 and January 2013 (having previously served as Assistant Secretary from April 2011 until January 2013), respectively.

Mr. Lieberman has served as Executive Vice President, General Counsel and Secretary of NorthStar Healthcare since January 2013, April 2011, and January 2013, respectively. Until August 2015, Mr. Lieberman had served as General Counsel and Secretary of NorthStar Real Estate Income Trust, Inc. (NorthStar Income) and NorthStar Real Estate Income II, Inc. (NorthStar Income II) since October 2011 and December 2012, respectively, and as an Executive Vice President of NorthStar Income and NorthStar Income II since January 2013 and March 2013, respectively.

Prior to joining NorthStar Realty, Mr. Lieberman was a partner in the Real Estate Capital Markets practice at the law firm of Hunton & Williams LLP. Mr. Lieberman practiced at Hunton & Williams from September 2000 until March 2011 where he advised numerous REITs, including mortgage REITs and specialized in capital markets transactions, mergers and acquisitions, securities law compliance, corporate governance and other board advisory matters. Prior to joining Hunton & Williams, Mr. Lieberman was the associate general counsel at Entrade, Inc., during which time Entrade was a public company listed on the NYSE. Mr. Lieberman began his legal career at Skadden, Arps, Slate, Meagher and Flom LLP.

Mr. Lieberman holds a Bachelor of Arts, Master of Business Administration and Juris Doctor, each from the University of Michigan in Ann Arbor, Michigan.

Brett S. Klein | Chief Operating Officer

Mr. Klein is our Chief Operating Officer.  Mr. Klein currently serves as a Managing Director of an affiliate of NSAM, a position he has held since June 2014, and heads its Alternative and Structured Products Group, having previously served as Managing Director of NorthStar Realty since January 2011. Mr. Klein’s responsibilities include oversight of the operational elements of NSAM’s sponsored non-traded REITs and the coordination of sponsor-related activities of NSAM’s broker-dealer, NorthStar Securities. In addition, Mr. Klein is responsible for capital markets execution on behalf of the Managed Companies, including credit facility sourcing/structuring and securitization.

Mr. Klein joined NorthStar Realty in October 2004, prior to its initial public offering and works closely with the accounting and legal departments and remains involved in both the investment and portfolio management and servicing businesses. From August 2004 to October 2004, Mr. Klein was an analyst at NorthStar Capital Investment Corp., a predecessor company of NorthStar Realty.  From 2000 to 2004, Mr. Klein worked in the CMBS group at Fitch Ratings, Inc., as Associate Director, where he focused on commercial real estate related securitization transactions.

Mr. Klein holds a Bachelor of Science in Finance, Investment and Banking in addition to Risk Management and Insurance from the University of Wisconsin in Madison, Wisconsin.

Please be aware that NorthStar/RXR, CNI NS/RXR Advisors, LLC, RXR NTR Sub-Advisor LLC, Colony NorthStar, Inc., RXR Realty LLC, NorthStar Securities, LLC and their respective officers, directors, employees and affiliates are not undertaking to provide impartial investment advice or to give advice in a fiduciary capacity in connection with NorthStar/RXR’s public offering. These entities and/or individuals may have financial interests associated with the purchase of NorthStar/RXR’s common stock, as described in the NorthStar/RXR’s prospectus. Investors should consult their financial advisors before making an investment decision.

This website is neither an offer to sell nor a solicitation of an offer to purchase any NorthStar Investment Program. NorthStar Investment Programs are only offered by means of a prospectus. This material must be read in conjunction with a prospectus in order to understand fully all the implications and risks of an offering of securities to which it relates. Neither the Securities and Exchange Commission nor any state securities regulator has passed on or endorsed the merits of this offering. Any representation to the contrary is unlawful. Consult the prospectus for suitability standards in your state. NorthStar/RXR is not available to residents of PA. Securities offered through NorthStar Securities, LLC, member FINRA/SIPC, an affiliate of NorthStar/RXR, the dealer manager for NorthStar/RXR. NorthStar Securities, LLC is doing business as NorthStar BD Securities, LLC (DE) in the following states: FL, GA, TX and WA.

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