Chief Executive Officer, Rialto Capital Management
Jeff Krasnoff is chief executive officer of Rialto Capital Management, formed in 2007 to capitalize on investment opportunities in the commercial real estate sector. Today, Rialto is an integrated investment and asset management platform investing and managing throughout the capital structure in real estate properties, loans and securities. In addition to investing its own capital, Rialto manages a number of private equity vehicles and has overseen investments with other partners, including pension funds, endowments, insurance companies, family offices, financial institutions, sovereigns, and government agencies. With over 40 years of experience in commercial and residential real estate investment, finance, management and servicing, Krasnoff has been involved in the evaluation or oversight of hundreds of billions of dollars of real estate assets around the world.
Krasnoff is also the co-founder of LNR Property Corporation, serving as its president since its spinoff from Lennar Corporation as a separate public company in 1997 as well as its CEO from 2002 to 2007. He was instrumental in taking the company private in a $4 billion transaction in 2005. Krasnoff joined Lennar in 1986, and from 1990 until the spinoff he was responsible for the oversight of Lennar’s commercial real estate businesses as well as the formation of LNR Partners and its loan workout and special servicing operations. LNR became the world’s largest CMBS special servicer under his leadership. Prior to LNR and Lennar, Krasnoff spent 10 years with KPMG (formerly Peat Marwick) in New York and Miami specializing in real estate and mergers and acquisitions. Krasnoff is a graduate of Duke University.