Steve Scioscia

Mr. Scioscia Co-Founded Avenue Realty Capital in 2012 and is responsible for legal structuring of ARC’s equity investments, property level loans and fund vehicles as well as overseeing asset management activities. Mr. Scioscia serves on ARC’s investment committee.

Prior to forming ARC, Mr. Scioscia served as Managing Director of Investments at Phoenix Realty Group, an institutional private equity real estate fund manager in New York City that manages more than $1.35 billion in assets and nearly 10,000 apartment units across the U.S. Mr. Scioscia was responsible for the origination, acquisitions, joint venture structuring, debt financing and value-add business plan execution of suburban and urban multifamily and mixed-use investments in the East Coast U.S. Additionally, Mr. Scioscia set and monitored the fund portfolio risk, return, and diversification goals used for asset acquisition and disposition.

Previously, Mr. Scioscia served at K. Hovnanian, a national, publicly-traded (NYSE:HOV), residential development company as Acquisitions Manager for the company’s Metro NY/NJ/CT division, where he led the acquisition and development of approximately 2,000 residential units. Prior to K. Hovnanian, Mr. Scioscia oversaw the development and operation of approximately $50 million in development through private ventures in the urban metropolitan New York area and Florida.

Mr. Scioscia earned his Master of Science in Real Estate Development and Finance with honors from New York University, and his Bachelor of Science in Mechanical Engineering with honors from Lafayette College.