Boston, MA According to Helge Capital, Glen Seidlitz has joined the firm as managing director of capital markets. Seidlitz is responsible for raising and structuring institutional capital for Helge assets, among other areas of oversight. With more than 25 years’ experience in commercial and multifamily real estate, he brings a deep understanding of capital markets and financing, partnership structuring, and investment management to Helge’s mission.
Seidlitz expressed admiration for Helge founder and CEO Oleg Uritsky and his leadership team and for the company’s vision and performance in its targeted market.“It’s been impressive to watch what Helge has accomplished in its first 10 years, specifically its emphasis on applying its investment principals to improve the properties it acquires and the communities they are in by implementing its hands-on and data-driven management approach,” Seidlitz said. “Under Oleg’s leadership, Helge’s focus on asset performance and value creation makes them an attractive destination for institutional investors. I’m honored by the opportunity to join this established team and bring my experience and industry knowledge to this superb company.”
“Mr. Seidlitz’s history of raising capital and structuring financing made him the perfect addition to our team to fuel Helge’s continued growth and value-add philosophy,” Uritsky said.
Prior to joining Helge Capital, Seidlitz founded Six23 LLC, which provided strategic advice in capital markets, operational structures, asset and risk management, and other areas of value to third-party clients in the commercial and multifamily real estate industries.
Previous to his founding Six23, Seidlitz served as senior vice president of finance at Bozzuto, a Washington, D.C.-based multifamily, single-family, and mixed-use developer, manager, and investment company. He led Bozzuto’s structured finance team focusing on equity and debt capitalizations, partnership structuring, contract negotiations, and investor relations. In his 11 years with the company, he raised and structured more than $850 million in equity from institutional, family office, and high-net worth investors, and closed more than $3 billion in construction loans and permanent financing.
