A real estate investment and development professional with over 25 years of experience, Philip Cyburt currently utilizes his corporate executive and private investment backgrounds as a founder and Managing Director of Alvarez and Marshal Capital Real Estate, LLC, a Los Angeles, California, based advisory firm. Founded in 2009, Alvarez and Marshal benefit from Mr. Cyburt’s wide array of real estate and corporate finance knowledge, including arranging complex deals with structured financing, conducting large-scale feasibility assessments, and transacting international real estate deals. Recently Mr. Cyburt has also acted as the Interim Chief Executive Officer of Lehman Brothers Holdings Real Estate. Philip Cyburt previously functioned in an executive role with the real estate division of two Fortune 500 companies. Mr. Cyburt spent seven years with McDonnell Douglas Realty Corporation and six years with Boeing Realty Corporation, operating as the President of each wholly owned subsidiary of the defense and avionics parent companies. With McDonnell Douglas, Mr. Cyburt presided over a $750 million portfolio of commercial real estate assets, while at the same time serving as the Senior Vice President of the McDonnell Douglas Finance Corporation and as an advisor to the Chief Investment Officer of the company’s pension fund. Following this he moved to Boeing, where Mr. Cyburt’s responsibilities included managing a global real estate portfolio valued at over $9 billion. Gaining international real estate exposure, the portfolio contained properties in 63 countries. As with McDonnell Douglas, Mr. Cyburt advised the CIO of the company’s pension fund. Following his years of service to the two Fortune 500 firms, Philip Cyburt entered into business for himself as a Managing Director, and co-founder, of Cyburt Hall Partners, which manages a portfolio of real estate assets valued at over $250 million.
Philip CyburtImage: lauruscorporation.com Philip Cyburt is the chief executive officer of the Laurus Corporation, a boutique real estate investment and development company. Philip Cyburt is also the chief executive officer of Laurus Corporation’s affiliate ETHIKA Investments.Together, and under the guidance of Mr. Cyburt, these two corporations specialize in the development and investment of…
The Rise and Fall of Bicycle Infrastructure in New York
The Rise and Fall of Bicycle Infrastructure in New York
bicycling Philip “Phil” Cyburt has been involved in the real estate industry since the 1990s. He co-founded Cyburt Hall Partners in 2003 and currently runs Laurus Corporation as chief executive officer. Philip Cyburt spends his time outside of work engaging in various recreational activities and is particularly fond of bicycling. Nearly 1.6 million New York adults–and likely another several…
The Laurus Corporation Acquires Vail Cascade Resort and Spa
The Laurus Corporation Acquires Vail Cascade Resort and Spa
Vail Cascade Resort and SpaImage: vailcascade.com After he earned his bachelor’s degree in finance from Chapman University in 1986, Philip “Phil” Cyburt joined the real estate industry as a commercial real estate broker. He has held leadership positions with industry giant Tishman Realty and Construction, Inc., as well as the Boeing Company’s wholly-owned realty subsidiary, and Alvarez and Marsal…
Vail Cascade Resort and SpaImage: vailcascade.com Philip “Phil” Cyburt serves as the CEO of Laurus Corporation, a real estate investment trust and developer that specializes in hotels and resorts. In January 2016, Philip Cyburt and Laurus announced the acquisition of Vail Cascade Resort and Spa in Colorado. Located in Cascade Village alongside Gore Creek and Vail ski resort, the largest in the…
SkiingImage: mechanicsofsport.com Philip “Phil” Cyburt, real estate investor and CEO of Laurus Corporation in California, enjoys golfing, cycling, and skiing in his spare time. Skiers like Philip Cyburt need to learn many core concepts and positions to start skiing effectively, as many of the body positions required are somewhat unnatural. One difficult position skiers must learn is “going…
Laurus Corporation to do Renovations on Marriot Warner Center Hotel
Philip (Phil) Cyburt draws on more than three decades of real estate experience to lead the real estate investment and development company Laurus Corporation. The company focuses on acquiring residential, office, retail, and hospitality properties throughout the country. Properties obtained by Laurus Corporation under Philip Cyburt’s direction include the Marriot Warner Center Hotel in Los Angeles.
With notable visibility and convenient access to the Ventura 101 Freeway, the Marriot Warner Center is a 16-story, full-service hotel with over 400 guestrooms, multiple food and beverage outlets, and the largest meeting space in the area. Its combined meeting space exceeds 28,000 square feet and features an 11,000-square-foot ballroom. In addition, the hotel is located in the middle of one of the largest submarkets of Greater Los Angeles and adjacent to the Westfield Topanga Shopping Center.
The July 2014 acquisition of the Marriot Warner Center enabled Laurus Corporation to advance its focused investment strategy of obtaining prime real estate and significant renovation opportunities that require complex structure and active management. The company plans to invest $10 million toward the hotel’s renovations, which will refresh public areas, refurbish guest rooms, and enhance amenities.
Tips for Beginning SkiersImage: skinet.com Prior to assuming his role as CEO of the Laurus Corporation, Philip “Phil” Cyburt played professional baseball for the Oakland Athletics and Pittsburgh Pirates. Though he is now an executive in the real estate industry, Philip Cyburt still stays active by skiing, a recreational pastime that requires practice and knowledge of technique. The suggestions…
Three Major Investment Properties of the Laurus Corporation
Three Major Investment Properties of the Laurus Corporation
The chief executive officer of the Laurus Corporation, Philip “Phil” Cyburt, holds 25 years of experience in the real estate industry. Since joining the company in 2012, Philip Cyburt has played a key role in the acquisition and sale of several major properties by the Laurus Corporation, including the properties listed below. Marriott Warner Center Hotel Located in the San Fernando Valley region…
Laurus Corporation Acquires Canyon Village in Scottsdale’s DC Ranch
A real estate professional with more than 26 years of experience, Philip (Phil) Cyburt currently serves as the CEO of Laurus Corporation, a real estate investment and development company based in Los Angeles. Philip Cyburt and Laurus Corporation primarily focus on acquiring commercial properties, including office buildings and mixed-use properties.
In a recent transaction, Laurus Corporation acquired a mixed-use project in Scottsdale, Arizona, named Canyon Village. The 93.9 thousand-square-foot property, which includes four buildings and a parking garage, is located on 5.6 acres in North Scottsdale’s DC Ranch, a master planned community surrounded by executive housing, premier golf courses, and the McDowell Mountain Range. While the bulk of the Canyon Village property is retained by office tenants, it also accommodates a number of other enterprises, such as a hot yoga studio for the adjacent Village Health Club and the Ciao Wine Bar & Bistro.
The creators of Canyon Village also noted that the property’s fastidious property management, access to a landmark site, and proximity to a well-educated labor force provide a strong foundation for its enduring success. Situated on Thompson Peak Parkway and Legacy Boulevard, Canyon Village was 75.9 percent leased when Laurus Corporation purchased the property, and occupancy is expected to increase as the area continues to develop and the Phoenix office market steadily recovers.
Real estate entrepreneur Philip (Phil) Cyburt joined the Laurus Corporation as chief executive officer in 2012. Away from his California office, Philip Cyburt enjoys a wide range of outdoor sports, from skiing to golf.
A standard set of golf clubs features 12 clubs, and a player can carry up to 14 without penalty. Whether you have been golfing for years or have recently gained interest in the sport, consider the following when purchasing new golf equipment:
Know What a Standard Set Includes
Each set of clubs should include one driver, two fairway woods (3 and 5), seven irons (3 through 9), one wedge, and a putter. Various hybrid clubs—made of both wood and iron—can replace or add to the total.
Get Professionally Fitted
Seeking the advice of a professional fitter will help you to identify the proper dimensions of clubs for your build, and will also aid the development of healthy golfing mechanics. Fitters analyze every aspect of your swing and gather data to determine the right length, weight, and grip for you.
Boot Ranch Resort in Texas Hosted Winemaker's Dinner in July 2014
As the chief executive officer of California-based Laurus Corporation, Philip “Phil” Cyburt oversees the boutique real estate development and investment company’s daily operations. Prior to joining the company in June 2012, he worked for Lehman Brothers Holdings, Inc., where he was the chief executive officer of the real estate division. Under Philip Cyburt’s guidance, Lehman Brothers took ownership of a residential golf community in Fredericksburg, Texas.
The 2,000-acre property, known as Boot Ranch, was part of a March 2010 foreclosure purchase by the company. In addition to securing entitlements upon purchase, Lehman Brothers changed the parcel maps and renegotiated membership documents pertaining to the 100-plus-member golf community. As a result, the community now has almost 400 residential ownership opportunities, and individuals can choose among three different types of residences: estate homesites, Sunday houses, or overlook cabins.
In July 2014, Boot Ranch hosted its first Winemaker’s Dinner with wines from Becker Vineyards. More than 75 individuals attended the event, which featured dinner paired with the wines. Guests enjoyed food including seared scallops, pork belly, chipotle-rubbed strip loin, and pecan peach amaretto ice cream. Attendees also sampled some award-winning wine, including the best rose winner at the 2014 San Francisco International Wine Competition the Provencal 2013.
An executive in the real estate industry, Philip Cyburt enjoys staying active outside of work. Philip Cyburt is regularly exercising and engaging in activities such as biking and skiing. In addition, Mr. Cyburt is an avid golfer.
Having a solid technique to drive a golf ball down the fairway can significantly improve one’s game. When preparing to swing, a golfer should make sure that he or she has the left shoulder (for right-handed golfers) turned behind the ball. In most cases, players tend to freeze the shoulder above the ball, which doesn’t provide the full benefit of following through. Players should take their time to make sure their shoulders are set properly and that they keep their body relaxed. A good way to make sure the body is not tensing up is to keep motion in the fingers and in the right foot inset.
Additionally, training the arms to move at a consistent speed will help boost a person’s drive. The arms should maintain the same pace all the way through the finish of a swing, and most importantly, the swing should follow through and not stop once contact is made with the ball. A consistent swing will help a player drive the ball to the envisioned location.
The Laurus Corporation Acquires the Renaissance O'Hare
Philip Cyburt is the chief executive officer of the Laurus Corporation, an international and domestic real estate development and investment firm. The company’s areas of specialty include hotels and resorts. In 2013, Philip Cyburt led Laurus in the acquisition of the Renaissance O’Hare Hotel in Chicago, Illinois.
On July 26, 2013, Laurus Corporation announced the acquisition of the hotel. The property contains 362 suites situated on roughly three acres of land located three short miles from Chicago’s O’Hare International Airport, one of the country’s most heavily trafficked transportation hubs with 66 million travelers passing through annually. The hotel opened its doors in 2005. It contains more than 15,000 square feet of space for conferences, plus amenities like a business center, concierge, and fitness facilities. In addition to its highly desirable location near Interstate 90, it is strategically located in the midst of roughly 7 million square feet of commercial space. The Renaissance O’Hare attracts a steady clientele from both the business and leisure worlds.
Hitting is arguably the hardest skill to acquire in baseball. There is a lot of hitting advice out there, which makes it difficult to know what specific things to focus on.
The first step to successful hitting comes from your stance. Your legs should be aligned with your shoulders and your knees should be somewhat bent. You should balance most of your weight forward onto the balls of your feet, and not onto your heels. Be sure not to grip your bat tightly; the ball will move slower if you are holding too firmly.
Powerful hitting comes from swaying backwards before moving forwards. Shifting your weight is crucial to big hits. This can be achieved by lifting your front leg up then down when you make contact with the ball.
Lastly, keep your eye on the ball. It can be a difficult thing to learn, but even if you have perfected the rest of your batting technique, you need to be able to watch the ball in order to hit it. Before every pitch, keep your head down and remind yourself to keep your eyes on the ball.
About the Author: Philip Cyburt was a Major League Baseball player for five years, playing for both the Oakland Athletics and the Pittsburgh Pirates.
Philip Cyburt on the Recent Real Estate Acquisitions of the Laurus Corporation
Recently, the Laurus Corporation announced the acquisition of two Hilton hotel properties--one in Texas and the other in Missouri. The first is located in San Antonio, where facilities offer over 350 guestrooms and over 15,000 square feet of meeting accommodations. The second is in Kansas City just minutes from the airport, with equally-large room totals and event space.
In both locations, Laurus has planned to invest in renovations that it projects will increase the quality of experience for its guests and therefore each hotel's revenue per available room (RevPAR). The choice of these two particular hotels came after careful research into the prospective rate of recovery for these areas, which has typically been higher than for other parts of the country. The hotels’ event spaces were also factors in the acquisition, with Laurus expecting that they can continue to be in high demand as business meeting and convention spaces.
Philip Cyburt is the CEO of Laurus Corporation, which invests in a wide variety of international and domestic mixed-use, hotel, and resort properties. His many roles include managing the company’s overall investment strategy. He also has experience in corporate restructuring, development, and capital investment.