Biography

Mr. Lustig has worked for more than 35 years in the real estate industry, during which time he has gained extensive experience providing strategic and financial advice and transaction execution to clients and their boards of directors, including leading real estate companies, and investing in real estate companies and assets as a principal.

Mr. Lustig has been Chairman of North America Investment Banking at Lazard Frères & Co. ("Lazard"), the investment bank, since 2019 and Head of North America Investment Banking from 2012 to 2019, with responsibility for the management of a range of Financial Advisory/Investment Banking businesses.  He is also Head of Real Estate & Lodging at Lazard, a position he has held for more than 20 years. In recent years, Mr. Lustig has played an active role in more than $400 billion of advisory assignments and transactions involving leading real estate and lodging companies in the public and private markets. Mr. Lustig separately served previously as Chief Executive Officer of the real estate investment business of Lazard and its successors, where he oversaw multiple funds with over $2.5 billion of equity capital invested in REITs and real estate operating companies.

Mr. Lustig is a member of the Board of Directors at Ventas, Inc., a REIT with a portfolio of senior housing, research and innovation, and healthcare properties, since May 2011. He previously served as the Chairman of Atria Senior Living Group, Inc., until it was acquired by Ventas in May 2011. He has also served as a director of several other public and private fund portfolio REITs and companies.

Mr. Lustig is a member of the Real Estate Roundtable, the Urban Land Institute, the Pension Real Estate Association (former Board and Executive Committee member) and the Council on Foreign Relations. He is also a member of the Real Estate Centers at The Wharton School of Business at the University of Pennsylvania (former Chairman of the Advisory Board) and Columbia Business School, and he serves on the Board of Advisors at the School of Foreign Service at Georgetown University from which he graduated with a BSFS.