Board Of Directors

OM CHAUDHRY, Chairman & Chief Executive Officer, Astrum Homes is the Founder and Chief Executive Officer of the FIRE Capital Fund, the real estate centric private equity fund that has created several joint venture companies across the country to deliver a total built up area of nearly 40 million sq.ft. over more than 1200 acres. Each of these developments is a large format-integrated township with residential and related verticals of mixed use. Under his leadership, FIRE Capital has pioneered the concept of SUV (Satellite Urban Village) that aims to provide international quality urban housing while tackling the challenges on the ground thrown by the limited urban infrastructure available in these cities. Through this model, FIRE Capital has focused its attention on Value Housing for the consuming class and has a preference for locating its projects in Tier II cities.

Before starting FIRE Capital, Om was a Partner at Feedback Ventures, a leading Indian consultancy group with the largest number of professionals dedicated to new ventures in the infrastructure sector. He has handled projects across a wide range in the real estate domain – residential, commercial, retail, hospitality, industrial and healthcare – across the spectrum of consulting to operationalization. Om has a B. Tech. degree from the Indian Institute of Technology, Delhi and an M.B.A. from the Indian Institute of Management, Ahmedabad.

JORGE M. PEREZ, Vice-Chairman, Astrum Homes is the Founder and Chairman of The Related Group, the nation’s leading developer of multi-family residences. He graduated summa cum laude from C.W. Post College and earned a Masters Degree in Urban Planning, with highest honors, from the University of Michigan. In the August of 2005, TIME Magazine named Mr. Pérez one of top 25 most influential Hispanics in the United States. Under his direction, The Related Group has redefined the South Florida landscape; the firm has built and/or managed more than 70,000 apartments and condominium residences. He has received numerous awards for his professional and philanthropic achievements, including Builder of the Year, from Multifamily Executive and Ernst & Young’s Entrepreneur of the Year.

JON HALPERN, Board of Directors, Astrum Homes has 25 years of experience in real estate serving as Head of Halpern Enterprises from 1985-1994, one of New York's leading regional (Westchester County) commercial and residential property owners. Mr. Halpern sold these real estate assets to Reckson Associates Realty in 1995 and joined the company as a member of its Board and Executive Vice President. Mr. Halpern served as co-Founder of Reckson Opportunity Partners until 2000 and was the Chief Executive Officer of HQ Global Workplaces from 2001 to 2003. In the year 2003 Mr. Halpern was charged with launching the Real estate Private Equity Business at Global Investment Manager Marathon Asset Management. Further, in 2008 Mr. Halpern was invited to join the leadership of the firm as a partner and head of the USD 2.2 bn global RE business.

MICHAEL B. TARGOFF, Board of Directors, Astrum Homes is the Chief Executive Officer of Loral Space & Communications Inc., headquartered in the New York City.  He is also the vice chairman of Loral’s board of directors and serves on such board’s executive committee. Mr. Targoff is Chairman of the Board of CPI International, Inc, a director of ViaSat, Inc. and a director of Leap Wireless International, Inc. He is chairman of the audit committee of Leap and a member of the audit committee of CPI International. Mr. Targoff attended Brown University, where he received a Bachelor of Arts degree in 1966 and from the Columbia University School of Law, he earned a doctor of jurisprudence degree in 1969. Prior to joining Loral in 1981, Mr. Targoff was a partner in the New York City office of Willkie Farr & Gallagher. 

JAMES J. GROGAN, Board of Directors, Astrum Homes is an attorney and successful businessman and advises a private enterprise with substantial global investments, operating entities, and real estate holdings. He has a long track record of leadership in both public and private companies. Mr. Grogan has served as President of ATC Marketing, LLC directing all marketing for the Alaska Trust Company. He has served as the founding President and CEO of the Loreto Bay Company, the developer of an 8,000 acre, sustainable, resort community in Baja, Mexico. Prior to joining Loreto Bay, Mr. Grogan was President of GW Holdings, a diversified real estate investment company and developer of “The Rocks,” Scottsdale’s first Private Residence Club. Mr. Grogan is a cum laude graduate of both the College of the Holy Cross and the University Of Cincinnati College Of Law. 

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