Reynolds Asset Management Expands Leadership Team With Three Key Hires

From left to right, is a photo of Joe Raitt, Sam Magalnik and Matt Breuer. Headshots of Joe Raitt, director of acquisitions, and Sam Magalnik, director of asset management and Matt Breuer, general counsel, are linked with their respective names. Headshots courtesy of Reynolds Asset Management.

Reaffirming its commitment to strategic growth, Reynolds Asset Management has expanded its leadership team with the addition of three accomplished professionals. Joe Raitt joins as director of acquisitions, Sam Magalnik as director of asset management, and Matt Breuer as in-house general counsel. Their expertise will play a pivotal role in advancing Reynolds’ portfolio expansion and long-term success.

“As Reynolds continues to grow, expanding our leadership team is key to driving our success,” said Matthew Earl, COO of Reynolds Asset Management. “Joe, Sam and Matt each bring exceptional expertise to the team that will immediately enhance our operations and play a vital role in strengthening the firm’s ability to scale successfully.”

Bringing 15 years of experience in real estate investment, with a concentration in acquisitions, asset management and capital raising, Raitt will manage the firm’s new deal pipeline, overseeing the underwriting team and managing new deal acquisitions. A graduate of King’s College London, he pursued a graduate program at Bayes Business School before joining the investment team at Allsop LLP in London. Within the New York area, Raitt has held several positions at Invesco Real Estate, Westview Group, Seritage Growth Properties, LBA Realty and Cofinance Group. Most recently, he served at Westmount Capital Partners as the company’s senior vice president of global real estate.

After earning a bachelor’s degree from the University of Alberta and an MBA from the Schulich School of Business at York University, Magalnik held roles at Starlight Investments, Avenue Living Asset Management, Tricon Residential and Deveraux Asset Management where he gained experience in asset management for multifamily properties. In his new position with the Reynolds team, he will oversee the asset management team, implementing new policies, procedures and programs designed to drive revenue and reduce expenses as well as provide institutional quality reporting.

With extensive experience in the legal and private sectors, Breuer joins Reynolds as general counsel bringing expertise in real estate law, mergers and acquisitions  Previously Breuer served as a partner at a prominent law firm in Michigan, where he was recognized by Best Lawyers in America’s 2023: “Ones to Watch.” After transitioning to the private equity sector, he focused on deal origination, acquisitional management, corporate governance, regulatory compliance and organizational strategy. At Reynolds, he will handle all legal aspects of the business including acquisitions and dispositions, contract reviews, as well as partnerships and joint venture agreements, among others. Bruer holds a Bachelor of Arts degree from Michigan State University and a Juris Doctor from Wayne State University.

For more information on Reynolds Asset Management or its projects and developments in New Jersey, New York, Pennsylvania, Ohio, Louisiana, Texas and Florida, visit www.reynoldsasset.com or contact the Reynolds Asset Management team at [email protected].

About Reynolds Asset Management
Founded in 2003, Reynolds Asset Management is a passionate team of investors dedicated to providing superior management of commercial real estate projects nationwide. Based in Paramus, New Jersey, Reynolds’ investment and development portfolio includes multifamily, mixed-use, office, and industrial projects in New Jersey, New York, Pennsylvania, Ohio, Louisiana, and Florida, bringing positive change to the communities it touches. For more information on current projects, visit www.reynoldsasset.com or connect with the firm on LinkedIn.