Steven Vornea

  • New York NY
Steven Vornea

Summary

Steven Vornea, CEO and Entrepreneur, built his career in real estate finance on a solid foundation of hard work and merit. From humble origins, Steven grew up in Bethpage, NY with his immigrant parents and sister – a family of limited means and unlimited determination. Over the years, through multiple successes, Steven garnered experience which lead him to a unique niche in real estate finance, combining traditional and non-traditional lending with innovative investment solutions, while leveraging his mortgage lending and equity investment achievements.

Work History

Work History

Co-Founder & CEO

FinancialCampus.com

Financial is a leading accredited financial services training provider. Co-founder and Chief Executive Officer, Steven Vornea played a significant role in the company's growth and product rollout nationwide. In his role as leader of this burgeoning company, he had the vision to create a customized platform allowing firms to build their own online experience. After Steven secured the company's position as a renowned provider of online financial training, with over 250 courses for insurance agents, brokers and financial planners, FinancialCampus.com was acquired by Thompson Financial and is still going strong today. Brooklyn Tabernacle Church A multicultural, non-denominational church located in the heart of downtown Brooklyn, the Brooklyn Tabernacle's congregation is 10, 000 strong and counting. Central to the growth and outreach of its surrounding community, the church turned to Steven Vornea in to recapitalize its debt and equity through its substantial real estate holdings. As a passion project, Steven created a complex, multi-layered transaction that brought major financial and real estate players Thor Equities and Treeline to the table, Steven was able to help the church convert a $27M asset into $51M and recapitalize its debt. Later that year, he closed the transaction for over $150M. A proud supporter of the work of this historically rich church, he still volunteers his free time at the Brooklyn Tabernacle.

Financial Advisor

Brooklyn Tabernacle

A multicultural, non-denominational church located in the heart of downtown Brooklyn, the Brooklyn Tabernacle’s congregation is 10,000 strong and counting. Central to the growth and outreach of its surrounding community, the church turned to Steven Vornea in 2015 to recapitalize its debt and equity through its substantial real estate holdings.  As a passion project, Steven created a complex, multi-layered transaction that brought major financial and real estate players Thor Equities and Treeline to the table, Steven was able to help the church convert a $27M asset into $51M and recapitalize its debt.  Later that year, he closed the transaction for over $150M. A proud supporter of the work of this historically rich church, he still volunteers his free time at the Brooklyn Tabernacle.

Financial Advisor

Chelsea Marriott Hotel
mid-town, Manahattan Working with hospitality giant Marriott, Steven Vornea recapitalized a brand new 270-key Chelsea Marriott Hotel in Manhattan in. With spacious guest rooms, high tech amenities and personalized service, guests at the Chelsea Marriott enjoy New York's best attractions while kicking back in contemporary luxury during their stay at this premier hospitality destination. The property is valued at $140M. The Showcard(no link) Located in the heart of Times Square, New York, Steven used his financial expertise to provide the debt and equity for the boutique hotel, The Showcard. Steven and his partners will be converting this 47 key hostel into a full service boutique hotel with a restaurant at the ground level. Links http://www.financialcampus.com/pages/index.aspx https://www.brooklyntabernacle.org/ http://www.marriott.com/hotels/travel/nycce-courtyard-new-york-manhattan-chelsea/.

Portfolio