Chagit Sofiev-Leviev Appointed As CEO For Real Estate Development Firm Africa Israel USA
- Aug 27, 2013
New York—Real estate development company Africa Israel USA (AFI USA), recently named Chagit Sofiev-Leviev as chief executive officer for the firm. Still serving as CEO for LGC USA Holdings, Inc., a privately owned holdings company, Sofiev-Leviev will work with AFI USA to manage the company’s current portfolio of U.S. assets.
AFI USA’s U.S. assets include Casa Moderna Hotel & Spa at the Marquis Residences, a 67-story luxury condominium located at 1100 Biscayne Boulevard in Downtown Miami and the 250,000-square-foot retail condominium unit in the historic Times Square Building (TSB) on West 43rd and 44th Streets in Manhattan that houses restaurants Guy’s American Kitchen & Bar and Jekyll & Hyde; Bowlmor Lanes’ flagship location and The Discovery Museum.
Since joining, Sofiev-Leviev has already completed a $215 million refinance for TSB, reducing its interest expense and lengthening the loan terms. Additionally, Sofiev-Leviev is currently negotiating leases for the 43rd Street retail space at TSB with several retailers and eateries.
With broad expertise in real estate financing, investment, development, asset management and leasing, Sofiev-Leviev will also work with the AFI USA team to accomplish the company’s goals and long-term objectives.
In addition to serving as CEO for LGC USA, Sofiev-Leviev served as chief financial officer for Memorand Group, a privately owned holdings company in Israel and prior to that, was a financial advisor at Deloitte & Touche in Israel advising on international real estate valuations and business plans. She is a member of numerous Boards of Directors for a wide range of companies in Israel and the USA, including real estate, holdings, fashion, and multimedia industries.
Sofiev-Leviev, a mother of two daughters, holds a B.A. in economics and business administration from Bar Ilan University in Israel and currently resides in New York City.