DRA Advisors LLC
DRA Advisors is a registered investment advisor specializing in real estate investment and management services for institutional and private investors. DRA has 11 billion in assets under management. Since 1986, DRA's focus has been consistent: conservative, value-added real estate investments in the office, retail, multi-family and industrial sectors in the United States. DRA's acquisitions since inception include over 1,000 properties valued at over $20 billion
Real Estate Specialization
| Multifamily |
| Office |
| Industrial |
| Retail |
Investment Type
| JV partnership |
| Acquisition/Fee Simple |
| Debt |
Investment Style
| Value-add |
Typical Deal Size
| > $50,000,000 |
Andrew Peltz
Mr. Peltz joined DRA in 1987. He is involved in the acquisitions and asset management of the company and has served as the lead principal involved in the firm’s retail property acquisitions. Prior to DRA, Mr. Peltz served as an acquisitions analyst for Tishman Speyer Properties. Mr. Peltz graduated from Clark University with a BA degree. He also has a law degree from Rutgers University and an MBA from New York University.
Brian Summers
Mr. Summers joined DRA in 1993. He is involved in the acquisitions, financing and portfolio management of the company, principally portfolio joint ventures and corporate transactions with public REITs. He initially served as Controller of the company. Prior to joining DRA, Mr. Summers served for 7 years as Assistant Controller of the Clifford Companies, an affiliated group of real estate companies. Prior to Clifford, he was responsible for the financial reporting and tax departments at Newvest Securities and was a principal in an accounting firm. Mr. Summers graduated with a B.S. degree in Accounting from St. John’s University.
David Luski
Mr. Luski co-founded DRA in 1985. Mr. Luski is responsible for all aspects of DRA’s business, including acquisitions, asset management, and the coordination of key business functions across the company. Prior to DRA, Mr. Luski worked for 6 years at General Electric, where he started in GE’s financial management program and was subsequently involved in the acquisition and management of GE Pension Trust’s investments. Mr. Luski graduated from Boston University with a B.S. degree in Business Administration.
Francis(Frank) Tansey
Mr. Tansey retired in 2010 and now serves as Advisor to the company, principally concerning business strategy and investment perspective. During his 24 year tenure at DRA, Mr. Tansey was instrumental in establishing the investment discipline and culture of the firm. Under his leadership and direction, DRA grew to be one of the leading real estate investment organizations in the US. Mr. Tansey graduated from Rutgers University with a B.S. degree in Economics.
Jason Borreo
Mr. Borreo joined DRA in 1998. He supervises DRA’s portfolio accounting and fund management, including reporting and financial operations. Mr. Borreo initially joined DRA where he was involved in the portfolio management of one of DRA’s managed funds. Prior to DRA, Mr. Borreo served as a financial analyst for Helmsley Enterprises. Prior to Helmsley, he was an auditor in the real estate group of WeiserMazars LLP. Mr. Borreo graduated from Rutgers University with a BS degree in Accounting and Business Administration and is a CPA.
Diana Tully
Ms. Tully joined DRA in 2002. She is involved in capital raising, investor relations, and marketing. Prior to DRA, she was responsible for investor relations and financial reporting for Credit Suisse’s real estate investment group. Prior to Credit Suisse, Ms. Tully was involved in product development in Merrill Lynch’s private equity funds group. She started her career at Price Waterhouse Coopers, LLC as an auditor in their Capital Markets group. Ms. Tully graduated from Princeton University with a BA degree and from New York University with an MBA. She is also a CPA.
Janine Roberts
Ms. Roberts joined DRA in 1994. She is responsible for the investment sales of DRA’s managed assets. Ms. Roberts initially joined DRA as an analyst was involved in both asset management and the management of fund operations. Prior to DRA, Ms. Roberts served as an auditor with Kenneth Leventhal & Company. Ms. Roberts graduated from New York State University of Buffalo with a B.S. degree in Accounting and is a CPA.
Jean Apruzzese
Ms. Apruzzese joined DRA in 1993. She oversees the overall business, financial, and administrative operations of DRA as well as the Asset Management Group. Ms. Apruzzese initially joined DRA as a property analyst and eventually served as Controller. Prior to DRA, Ms. Apruzzese worked at the Clifford Companies, an affiliated group of real estate companies, where she was involved in real estate financial analysis. Prior to Clifford, she was an auditor at Eisner & Lubin CPAs. Ms. Apruzzese graduated from Manhattan College with a B.S. in Accounting and Management.
Valla Brown
Ms. Brown joined DRA in 2002. She oversees the asset management of DRA’s office and industrial property portfolio. Ms. Brown originally joined DRA as an office asset manager. Prior to DRA, Ms. Brown spent 7 years with the Shorenstein Company where she was primarily responsible for property management and leasing of the firm’s office properties. Prior to Shorenstein, she spent 3 years with Willis Corroon Corporation, where she was responsible for leasing and facilities management for the North American headquarters. Ms. Brown graduated from Stephen F. Austin State University in Texas with a BA degree.