About the Newell Name

Newell is the name of the century old Shingle Style boathouse that houses the Harvard men’s rowing program. It was at Newell Boathouse, shown below in a 1968 image by the photographer Stephen J. Potter (Harvard '69), that the NREA principals first met over 40 years ago. Since 1964, Newell Boathouse has been the home to 17 undefeated Harvard heavyweight crews and has come to symbolize a level of excellence to which all other collegiate rowing programs aspire. Newell Real Estate Advisors is dedicated to bringing to the business of real estate development the same commitment to peak performance and competitive success with which Newell Boathouse has become synonymous.

 

Newell Boat House on the Charles River

 

About Newell Real Estate Advisors

Certified Minority Business Enterprise

Wei Chiu, Principal

Wei ChiuWei Chiu’s real estate career spans four decades and demonstrates an uncommon breadth and depth of development experience and expertise. From private sector syndications and development, to design and implementation of a global real estate strategy for a Fortune 100 company, Mr. Chiu has consistently demonstrated market vision, strategic insight and project leadership. He has combined his training in architecture and urban planning with a fluency in private and public sector financing, transaction structuring, development management and property operations to enhance asset value. Mr. Chiu’s portfolio includes commercial, industrial, high-tech manufacturing, retail, medical, and residential projects ranging in value from $2 -160 million and includes greenfield, adaptive reuse and urban infill projects. Mr. Chiu has completed projects throughout North America, Asia, the Middle East, and Europe. Read more»

 

Mr. Chiu’s experience includes the management of a diverse array of entrepreneurial real estate projects through investment and development companies in which he was and is a principal. He has also held a six-year tenure as Senior Director of Global Real Estate and Project Management for Applied Materials, a Fortune 500 company that is the world’s largest producer of machinery used to make computer chips. During his time with Applied, Mr. Chiu managed extremely complex, high technology projects totaling over $600 million, and supervised a real estate portfolio of more than 10 million square feet in over 200 locations worldwide. His responsibilities included strategic direction and oversight, securing and enhancing entitlements, project management/construction oversight, and directing daily operations including lease-portfolio management, process controls, cost tracking, and development of an integrated eFacilities program.

 

Mr. Chiu’s entrepreneurial history includes posts as Senior Vice President of Gilbane Properties, a 130-year-old privately held firm based in Providence, Rhode Island, for which he opened the west coast office; as well as President and General Partner of Touchstone Interests, a diversified commercial development entity in Santa Rosa, California. Prior to moving to California in 1986, he was Vice President and Partner of Stanford Capital Corporation, a finance subsidiary for a Houston, Texas-based multi-family residential development company for which he structured, negotiated, and served as a general partner for eleven general and limited partnerships, raising over $60 million in equity. Mr. Chiu also served as President of Judwin Construction Company. He was a founding principal of The Penobscot Group, a real estate investment trust evaluation concern whose subscription newsletter to money managers set national standards.

 

Early in his career, Mr. Chiu did management consulting for Bain and Company, and Resource Planning Associates. He began his career in real estate as a practicing architect with Halasz and Halasz, AIA in Boston.

 

Mr. Chiu earned a Bachelor of Arts degree from Harvard College, a Master of Architecture from Massachusetts Institute of Technology, and a Master of Business Administration from Stanford University.

 

 

 

J. Cleve Livingston, Principal

Cleve LivingstonCleve Livingston is one of California’s leading experts on vested development rights, master planning, environmental quality, smart growth and affordable housing. In 30+ years of work as a land use and environmental law attorney, as a project manager of large master planned developments and as a developer, Mr. Livingston has built a reputation for fashioning innovative development strategies as well as creative solutions to growth issues. Over the last 20 years, the legal counsel and project management services provided by Mr. Livingston have had as their primary focus representation involving complex real estate development initiatives. In this capacity, he has overseen the planning, entitlement and implementation of numerous mixed-use projects that are notable for their design innovation and comprehensive impact mitigation strategies. Read more»

 

Mr. Livingston’s projects typically set new development standards in the communities in which they are located. In the course of his work on these cutting edge projects, Mr. Livingston has pioneered the use of development agreements as a master-planning tool. His representation also includes work as principal advisor with respect to the preparation and approval of specific plans, environmental impact reports, wetlands and endangered species permits, infrastructure financing plans, school impact mitigation strategies, assessment district formations and related development permits and approvals. Because Mr. Livingston typically is involved in implementing the development plans as well as in securing the project entitlements, his representation reflects an understanding of what works in practice as well as in concept. In particular, he brings to his work an appreciation of the critical role that time plays in the approval process and of the need to incorporate strategies to manage the risks posed by a dynamic real estate market that is constantly in flux.

 

Mr. Livingston’s professional experience includes work in the public, non-profit and private sectors. Mr. Livingston is a founding principal of Newell Real Estate Advisors where he provides a full range of real estate investment advice and counsel as well as project management services, including services related to project advocacy, entitlement processing, land use and community planning, environmental impact analysis and mitigation, infrastructure design and construction, fiscal and economic impact analysis, private and public financing (including the use of tax exempt bonds to fund public infrastructure), and risk assessment and management. He is also a founding partner of Boyden, Cooluris, Livingston & Saxe PC, a law firm specializing in real estate and banking law. In addition, he has served as General Counsel to the California Department of Housing and Community Development (“HCD”) and as Senior Litigation Counsel for the Conservation Law Foundation -- an environmental advocacy organization. As General Counsel to HCD, Mr. Livingston was the principal author of the State of California housing planning law.

 

Mr. Livingston received a Bachelor of Arts degree in Government from Harvard College, a Juris Doctor degree from Antioch School of Law, and a Master of Public Administration degree with a concentration in Development Economics from Harvard University’s Kennedy School of Government.

 

Mr. Livingston’s pro bono legal work includes representation of affordable housing projects in jurisdictions throughout California and service as Chair of the Sacramento Region Sports Education Foundation, the local organizing committee for the 2000 and 2004 Olympic Team Track and Field Trials as well as a host of other national and international sporting events. Mr. Livingston also served for many years on the United States Men’s Olympic Rowing Committee, the Bay Area Sports Organizing Committee and the Steering Committee of the USTA NorCal Junior Tennis Council.

 

Gregory G. Young

Gregory G. YoungGregg Young's role as an innovator was first in evidence when he founded the real estate club at Stanford's Graduate School of Business. Innovation became his hallmark shortly thereafter when he launched Trammell Crow Company's Corporate Services division, one of the nation's first real estate outsourcing profit centers. In the years since, Mr. Young has remained a forward-thinker throughout a career that has included both tactical and strategic highlights. Read more»

 

Mr. Young's leadership roles include his most recent position as Executive Vice President of Corporate Services for IDS Real Estate Group. For national retail and banking institutions, including Trader Joe's and US Bank, BNY Mellon and One West (formerly IndyMac), Mr. Young completed strategic consulting assignments, acquisitions and dispositions. Many of the activities he supervised on behalf of clients were time-sensitive, including coordinating due diligence of bank branch assets acquired from the FDIC, lease representation in markets across the U.S., design/construction management of office consolidations, bank facilities management, and strategic corporate relocations.

 

Mr. Young's firsthand experience as a landlord profoundly improves his effectiveness in corporate real estate negotiations. As a principal at Essex Capital Partners, he negotiated a separation and consolidation of one client's fragmented partnership interests within a $2 billion real estate portfolio. He directed asset management of the resulting 8 million-square-foot assemblage of industrial, retail and office buildings including oversight of $200 million in investment sales, $29 million in refinancing, and $20 million in underwriting and acquisition of new assets. As a General Partner, he approved all leases within his portfolio.

 

While a Regional Partner for Trammell Crow Company, Mr. Young initiated a corporate service agreement for 1.4 million-square-feet of property for Baxter Healthcare Separately, he provided the then CFO with a strategic review of select real estate holdings and practices of Kraft General Foods to improve the contribution of corporate real estate to that company's bottom line.

 

Gregg Young earned an AB degree in Political Science, Magna Cum Laude, from Dartmouth College, as well as a Master of Business Administration degree with an emphasis in Finance from Stanford Graduate School of Business. He has been a member of the Urban Land Institute, the International Council of Shopping Centers, and a donor/volunteer to Cedars Sinai Hospital in Los Angeles.