ABOUT THE FIRM
INNOVATIVE HUB
Plato Foufas & Company, LLC, is an acquisition and financial service company which provides development, institutional and equity financing for real estate and other investments. The company provides valuation & marketing analysis, strategies, and property asset management services for multifamily real estate assets throughout the United States. The company has also been an active investor/sponsor in the Gaming and Hospitality industries. The various Foufas companies serve as the general partner/managing member of each separately owned property and ownership entities.
PLATO FOUFAS
CEO and Managing Partner of Plato Foufas & Company LLC. Mr. Foufas has directed the private and institutional capital and asset management activities of all Foufas companies. He has remained actively involved in real estate investment and development for the past 40 years, having developed, owned, invested and managed properties in over 30 U.S. markets. Investments include the acquisition and management of over 15,000 rental apartment units, of which 800 apartment/townhouse units were developed in the Chicago metropolitan area, and the development and/ or ownership of over 1 .4 million square feet of commercial real estate.
Plato served in the Air Force as the Budget and Accounting Officer of the 29th Air Division, Malmstrom Air Force Base. He received an honorable discharge as Captain. He subsequently obtained his Juris Doctorate degree from Northwestern and admitted to the Illinois bar.
Plato Foufas & Company, LLC, and its predecessors ("Foufas") began its real estate activities in 1960 as a firm engaged in real estate development and syndication. The key principals have been actively involved in the acquisition, development and operation of multifamily and commercial real estate for over 5O years.
Beginning in 1975, Foufas shifted its activities from development to acquisition and management of tax-oriented real estate syndications. Throughout the company's history, the principals at Foufas have owned, invested in, operated and managed over 15,000 multifamily units, over 600 hotel rooms and owned and/ or developed over 1,400,000 square feet of commercial real estate in more than 30 U.S. markets. During the past 10 years Foufas has acquired multifamily properties to which they implemented repositioning and added value strategies. Foufas now targets its acquisitions toward opportunistic situations created by today's current credit dislocations.
Mr Foufas formed First Astri, which was one of the first to start Indian casinos in the country. First Astri was responsible for the financing, management and development to the Secyun tribal casino.
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