Dana C. Rowan
Dana C. Rowan is completing his fourth year as Board Trustee and previously served three years as an Overseer.
Mr. Rowan is Managing Director of Paradigm Exeter Advisors, a Boston-based real estate investment, development and advisory firm focused primarily on commercial real estate investment and development, both in the US and in emerging markets in India and Eastern Europe. Currently, Mr. Rowan's firm is serving as investment advisor on large property transactions in several states across the US and has formed a venture with a New York City-based investment fund and several UK funds to co-invest capital in the real estate portfolios of several of the larger developers in India, Bulgaria the Ukraine, Belarus and other member countries of the CIS. Exeter is also involved in developing a block of land in the South Boston Waterfront District for approximately 250 condominium units.
Previously, Mr. Rowan worked for Metropolitan Properties of America (MPA) in Boston as National Director of Acquisitions. MPA specializes in acquiring high-rise and mid-rise urban residential properties. Mr. Rowan's most recent acquisition for MPA was a 60-story, mixed-use residential tower in Chicago located one block from Lake Shore Drive along the city's waterfront.
Prior to that, Mr. Rowan worked as Senior Vice President and Director of Portfolio and Corporate Strategy for the New Boston Fund (NBF), where he helped introduce new asset management systems to the company and formulated a corporate strategy to diversify investment activity into a broader array of property types. NBF, which is based in Boston, has a roughly 15.0 million square foot portfolio of office, industrial, residential and retail properties, with an aggregate value exceeding $1.5 billion.
During the 1980's Mr. Rowan worked for the Prudential Realty Group in Boston, where he was responsible for acquiring and disposing of close to $500 million of general account and separate account assets annually for their $3.0 billion portfolio located across New England and Upstate New York. He assisted the corporate office in New Jersey with its investment committee underwriting review support and was assigned to dispose of challenging assets in New York City, Philadelphia and Washington, DC ventures. In the early 1990's, Mr. Rowan directed the real estate workout and bankruptcy advisory practice for The Recovery Group in Boston, one of the largest of such firms in New England, specializing in crisis management, corporate restructuring, bankruptcy, portfolio recapitalization and liquidation for both major debtor and creditor clients.
Mr. Rowan is the former national chairman of the National Association of Industrial and Office Properties (NAIOP), as well as the former chairman of NAIOP's Massachusetts Chapter. He is Director Emeritus of the national organization, a recent national Chairman of NAIOP's Tax and Finance Committee in Washington, DC, and a founder and former Director of its national NAIOP Research Foundation. In 1998, he was honored with the organization's Outstanding Service Award. He is also active with the Urban Land Institute, the Real Estate Investment Advisory Council, the International Real Estate Federation (FIABCI), and the Real Estate Finance Association.
Mr. Rowan received his B.A. in Geography from Dartmouth College, a Masters degree in finance and urban economic development from the Harvard Kennedy School of Government, and an MBA from Boston University's School of Management. He has been a resident of Back Bay in Boston for almost thirty years.