Founder & CEO
Raider Hill Advisors
Daniel B. Hurwitz is 2019–2020 chairman of ICSC (International Council of Shopping Centers), the global trade association of the shopping center and retail real estate industry, as well as Founder & CEO of Raider Hill, the private retail real estate investment and advisory firm.
Mr. Hurwitz provides strategic, executive, and operational oversight for the portfolio companies owned by Raider Hill’s clients as well as acquisition and retail advisory services for all investment activity. Prior to Raider Hill, Mr. Hurwitz held a variety of positions in the retail and real estate sectors dating back to 1986. Most recently, during a 16-year tenure at DDR Corp., Mr. Hurwitz led numerous departments beginning with leasing and development in 1999 and culminating with the responsibility of reviving the company in the post-recession era as CEO commencing in 2010. Mr. Hurwitz also served as interim CEO of Brixmor Property Group (NYSE: BRX) from February 2016 through May 2016.
During his five-year tenure as CEO of DDR, Mr. Hurwitz led the aggressive execution of a strategic vision that resulted in the full transformation of key management positions, the complete upgrade of portfolio quality and its cash flow credit profile, the revival and stabilization of a distressed balance sheet, and the establishment of market credibility from the investment community. Based on the results, Mr. Hurwitz was named to the 2013 Institutional Investor Magazine All-America Team, voted on by sell-side analysts, as the Best CEO in the REIT Sector. Additionally, the strategy to repair the balance sheet was recognized by Moody’s, Standard and Poor’s, and Fitch by achieving consensus investment grade ratings in 2014.
Prior to joining DDR, Mr. Hurwitz served as Senior Vice President and Director of Real Estate and Corporate Development for Boscov’s Department Store, Inc., where his efforts resulted in the doubling of store count and increased productivity. While at Boscov’s, in addition to the Real Estate division, Mr. Hurwitz was responsible for the store planning and design, construction and facilities departments. Prior to Boscov’s, Mr. Hurwitz served in the leasing, development, property management and construction departments for the Shopco Group, a New York City-based developer and acquirer of regional and super regional shopping malls.