Director of Development
Zachary Guren manages GBX Group’s real estate development projects, which account for approximately one-third of the assets acquired annually. Representing GBX’s interests, Zach works with development partners to ensure that they have all of the information and GBX support necessary to complete each project. Additionally, Zach supplies analytic support to the GBX Investment Committee and assists with the evaluation of asset and project valuations to GBX joint venture partners and developers.
Prior to joining GBX, Zach served as development manager for First Interstate Properties and gained valuable experience in the development process by participating in the management of several projects. Additionally, he structured investment packages, managed RFP/RFQ responses, proposals, presentations, and financial analyses. Zach’s involvement with successful projects includes the opening of a 135-key Hyatt Place hotel along with its 200-space structured parking garage, and the 276-unit luxury apartment building, One University Circle – the first high-rise multifamily project in Cleveland in 40 years.
Locally, he serves as a director for the Hershey Foundation, a foundation dedicated to providing Northeast Ohio children from all socio-economic and cultural backgrounds with opportunities for personal growth and development.
Zach received his Bachelor of Science in Psychology and Economics at University of Michigan, and earned his graduate degrees, including Master of City Planning and Master of Environmental Studies, from University of Pennsylvania. Additionally, he has been a LEED accredited professional for over 10 years.