AREW honors 12 women as part of anniversary

Real Estate Weekly,  April 2, 2003  

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The 12 women honored April 2 by the Association of Real Estate Women at its 25th Anniversary Gala are listed below in alphabetical order:

Deborah G. Adelman

President

Citibanking Commercial Real Estate

Category: Finance

Deborah Adelman's responsibilities as president of Citibanking Commercial Real Estate include Citibanking North America Commercial Real Estate Finance and the Center for Community Development Enterprise. She was previously chief credit and risk officer of Citibanking North America where her responsibilities included Consumer Credit; Commercial and Real Estate Credit and Freud and Risk Management.

Adelman also served as a senior vice president with Salomon Smith Barney where she held positions in a variety of areas; as a senior vice president of Travelers Realty Investment Company in New York; and director of finance at Rockrose Development Corporation. She also spent 12 years with Chemical Bank in the real estate division and holds a B.S. and M.S. from Cornell University.

Stephanie Butler

Senior Vice President

First American Title

Insurance Company of New York

Category: Real Estate Services

When Stephanie Butler began her career over 25 years ago, she was the only female title executive in New York City. Hired four years ago by First American, Butler manages a staff of 140 and is currently responsible for business development efforts and marketing of new products and services.

Among Butler's many accomplishments are the title work for Macy's leveraged buyout in 1986, the largest ($2.6 billion) title transaction at the time; running the most profitable division for Lawyers Title Insurance for a period of six years; and providing title insurance for key hotel casino transactions including the Taj Mahal, Trump Castle, Tropicana, Claridge House and Bally's in Atlantic City and the Venetian Hotel and Casino in Las Vegas. A graduate of the University of Chicago, she is a member of AREW's board of directors.

Faith Hope Consolo

Vice Chairman

Garrick-Aug Store Leasing, Inc./Garrick-Aug Worldwide, Ltd.

Category: Retail Brokerage

Faith Hope Consolo is the nation's most recognized retail broker and consultant; respected within the industry for her authoritative knowledge of the global market.

As vice chairman of Garrick-Aug Store Leasing, Inc. and Paris-based Garrick-Aug Worldwide, Ltd, Consolo has been credited with changing the retail landscape of Manhattan by generating an influx of major European retailers to the city. She is known not only for the volume, size and significance of transactions, but also for her extensive knowledge of storefronts from Madison Avenue to West Broadway.

Consolo expands her broker role to that of strategist by her ability to envision retail space as part of the larger neighborhood. She was sole retail consultant for the 42nd Street Redevelopment Corporation and served as the retail expert for the Penn Station Redevelopment for Amtrak. Consolo has been twice named one of New York's Most Influential Women in Business by Crain's New York Business and is a former AREW president.

Barbara Corcoran

Chairman

The Corcoran Group

Category: Residential Brokerage

CNN called Barbara Corcoran "the most sought after broker" in New York City. Her rise to the top has become the stuff of legend and inspiration. (Her book "Use What You've Got" was recently published.) Growing up in Edgewater, N.J., in a family of 10 kids, her credentials included straight D's in high school and college as well as an honorary doctorate from Marymount College.

After trying over 20 jobs, at age 23, she borrowed $1,000 to start a realty firm and built the Corcoran Group into a premier company with 11 offices, 700 salespeople and more than $3 billion in sales volume. The Concoran Report has become famous for educating consumers on the market and the company's website is the most visited real estate website in America. In 2001, The Corcoran Group was sold to NRT, a division of Cendant Corcoran remains the chairman and image of the company.

Sherry Frankel

Principal/President

Caran Properties

Category: Property Management

In addition to serving as president of Caran Properties Inc., Sherry Frankel also serves as vice president of AFA Asset Services, Inc., a real estate investment and asset management firm, where she focuses on the analysis, acquisitions and management of real estate investments and has been involved with financings in excess of $200 million.

Currently she is asset manager of a real estate portfolio or both residential and commercial properties in Manhattan, Miami and Maryland.

Frankel has spent her entire real estate career with AFA, beginning in 1979. In 1988, she found the need to improve the management and financial controls of AFA's client buildings and founded Caran Properties. This relationship between the asset management and property management interests resulted in Caran's trademark intelligent and aggressive style of management. An active member of AREW, Frankel has twice been the recipient of the Emma Lazarus Award presented by ABO for her contributions to the real estate industry and New York business environment.