Jay KernerChief Executive Officer at U.S. Realty Partners, Inc.Speaker
Profile
Jay is the CEO of U.S. Realty Partners, a commercial real estate operating and advisory firm specializing in high-quality retail properties across the western United States. With over 35 years of experience, he brings deep expertise in the acquisition, development, leasing, and management of retail, multifamily, office, and mixed-use assets.
Jay’s career includes leadership roles at highly respected institutional and entrepreneurial commercial real estate firms. He was formerly Regional Director of Capital and Counties, U.S.A., where he was responsible for a 2.5 million square foot portfolio spanning retail, office, and residential properties. In addition to overseeing acquisitions, dispositions, and operations, Jay played a pivotal role in the company’s $600+ million sale to Equity One (NYSE: EQY) in 2011. Prior to that, he served as Senior Director of Acquisitions for Federal Realty Investment Trust (NYSE: FRT), a premier public REIT with over 19 million square feet of mixed-use and retail assets in major U.S. markets.
Jay also spent more than a decade as President of Kerner Management and Investments, a regional shopping center development and operations firm. Over his career, he has been directly involved in more than $2 billion in commercial real estate transactions.
He is a graduate of UCLA with a degree in Business & Economics and holds multiple professional designations: California Real Estate Broker, licensed California General Contractor, and FINRA-registered representative with Series 7, 24, 27, 63, and 79 licenses. Jay is an active International Council of Shopping Centers member and a past industry speaker. He is also the author of Chasing Yield: An Individual Investor’s Guide to Passive Commercial Real Estate Investments.
Agenda Sessions
Retail reinvented: Grocery, experiential & durable Income
, 2:45pmView Session
