NEW YORK (TIP): Local media reports speculated that a top Indian-American real estate executive could join Trump administration, after the President Elect met him at the Trump Towers in New York on November 28.
Sandeep Mathrani, 54, the chief executive officer of Chicago based General Growth Properties had a meeting with Donald Trump. Mathrani earned $39.2 million last year-more than any other CEO of a U.S. real estate investment trust.
Mathrani joined General Growth in 2011, right after the company emerged from Chapter 11 bankruptcy protection. With a market capitalization of nearly $23 billion, General Growth is the second-biggest mall owner in the country, with local properties including Water Tower Place, Northbrook Court and Oakbrook Center. Before joining General Growth, Mathrani was president of retail real estate at New York-based Vornado Realty Trust. With more than 20 years of experience in the real estate industry, he joined Vornado Realty Trust in February 2002. Mathrani served as the Chief Executive Officer of Rouse Properties, Inc. until January 02, 2012. He served as an Executive Vice President at Forest City Ratner Companies, LLC from 1994 to February 2002 and was responsible for its retail development and related leasing in the New York City metropolitan area. Prior to Forest City Ratner, he served as a Senior Vice President of Sanford Nalitt & Associates, a regional shopping center developer in New York.
He has been Director of Host Hotels & Resorts, Inc. since July 12, 2016. Mathrani served as a Director at Aliansce Shopping Centers SA since March 2011. He holds a Master of Engineering, Master of Management Science and Bachelor of Engineering from Stevens Institute of Technology, in Hoboken, NJ.