Michael Gross – Chairman
Michael Gross is an owner and developer of commercial real estate with investment properties in Maryland and Virginia. He is the chairman of Advantage Properties, Inc., a real estate development and asset management company. Mr. Gross has worked with his partner, Douglas Margerum, the president of Cove Property Management LLC (and formerly president of Equity Management Inc., which he founded in 1980). At present, these men have controlling interests in entities that own more than 1,200 multi-family apartment units in nine properties in Maryland and Virginia. Over the past 23 years, they have had controlling interests in 36 properties.
Mr. Gross has been in the real estate business full-time for more than twenty three years. Prior to devoting his efforts to full-time real estate, Mr. Gross practiced law. He was a founder and principal of the law firm of Grove Engelberg and Gross during the years 1976 to 1985. Mr. Gross has a Bachelor of Arts degree from the University of Michigan. He has a Juris Doctor from New York University Law School, where he was a member of the Law Review. Mr. Gross is married and has two children, two stepchildren as well as eight grandchildren. He lives in Bethesda, Maryland.
Alex Gross – President
Alex Gross is the president of Advantage Properties, Inc. He joined the company in 2003. Mr. Gross provides strategic real estate tax advice to clients with properties located throughout the mid-Atlantic region of the United States. In addition to his consulting efforts, he also oversees a 1,200 unit multi-family apartment portfolio valued at over $150M in the Washington, DC and Baltimore, MD metropolitan areas. For the existing portfolio, Mr. Gross provides asset management services as well as financial underwriting and valuation analysis for potential dispositions and/or debt restructuring. For potential acquisitions, Mr. Gross actively engages the broker community and other relationships to source attractive deals, and works with lenders and equity partners to structure the transactions.
Prior to joining Advantage Properties, Inc., Mr. Gross worked in Strategic Planning for AT&T where he analyzed business results and supported the Executive Leadership Team. Previously, he worked at Goldman Sachs in its emerging markets research group where he covered Brazil. He also worked at the Americas Society where he developed specialized programs that addressed investment issues facing the Americas.
Mr. Gross is an Adjunct Professor at George Mason University where he teaches real estate investments in their Masters in Real Estate Program. Mr. Gross has a Bachelor of Arts degree in Latin American Studies from the University of Michigan and Masters Degrees in International Economics from Columbia University and in International Real Estate from Johns Hopkins University. He lives in Bethesda, Maryland with his wife and three children.
Eliane Bartholazzi – Director of Operations
Eliane Bartholazzi joined Advantage Properties in April 2010, and is currently the Director of Operations. Ms. Bartholazzi manages all aspects of financial reporting for both Advantage Properties and the properties within the portfolio. This responsibility includes overseeing all banking relationships and reviewing property financial statements and construction draw requests to ensure properties perform in line with annual budgets. Ms. Bartholazzi also manages investor correspondence where she evaluates cash distribution levels and produces quarterly property performance updates.
Prior to joining Advantage Properties, Ms. Bartholazzi worked as an Assistant Manager for Chevy Chase Bank, currently Capital One Bank. As an assistant manager, Ms. Bartholazzi worked directly with the branch manager and regional managers assisting in daily branch operations, personnel management, record keeping for auditing purposes, and client banking assistance. Ms. Bartholazzi has a Bachelor of Science degree in Accounting with minor in Business Administration from the University of Maryland. She lives in Germantown, Maryland with her husband and two daughters.