Over his 30 year career in the industry, Joseph DeLuca has been responsible for debt and equity portfolios of over $20 billion in virtually every sector of the residential and commercial property investment spectrum. Mr. DeLuca served as the head of Real Estate Finance and Real Estate Investment Banking for Chemical Bank and continued in this role through the mergers with Manufacturers Hanover and the successor Chase Manhattan Corporation. He was responsible for the integration of the real estate portfolios and investment banking activities of the three banks in the 1990s, reconfiguring their ongoing real estate finance businesses, and leading the resolution of billions of dollars in distressed and higher risk real estate debt and equities. Mr. DeLuca also led the initial planning and establishment of Chemical Bank’s first RMBS platform and its’ CMBS platform.
Subsequently, Mr. DeLuca served as the Director of Real Estate Investments for the Equitable Life Assurance Society, overseeing a $7 billion portfolio of debt and equities including the divestiture and restructuring of prominent real estate properties and joint venture interests. Additionally, he has served as an advisor to major retail, office and multifamily companies on debt and equity transactions and property investments and is currently serving as an advisor for Gramercy Capital Corp. on a number of large debt restructuring transactions.
Mr. DeLuca is a Director and Audit Committee member of One Liberty Properties, Inc., a NYSE-listed REIT. He has served as a Senior Vice Chairman of the Real Estate Roundtable in Washington D.C. and as a Governor of the Real Estate Board of New York. Mr. DeLuca is currently an Executive Committee member and a former Chairman of the Advisory Board of New York University’s Schack Real Estate Institute and a Trustee of the National Jewish Medical and Research Center. He holds a Masters Degree in Engineering from Rensselaer Polytechnic Institute and an MBA in Finance from New York University.