Marty Burger Launches New Firm After Silverstein Departure

Marty Burger didn’t lie latent for long.

Four months after the longtime Silverstein Properties CEO teased “some exciting new opportunities” upon his departure from the firm, the former executive has put a name to his next act: Infinity Global Real Estate Partners.

Burger will head the firm as CEO, according to a press release distributed Wednesday. Infinity will focus on development, acquisitions, financing and fund management across the U.S. Andrew Farkas’ merchant bank Island Capital Group is a partner in the venture.

Infinity will zero in on office-to-residential conversions, as well as “under-capitalized operating properties.” Burger had dabbled in the former at Silverstein, which partnered with Nathan Berman on the residential conversion of FiDi’s 55 Broad Street.

The firm also plans to develop “larger mixed-use” projects and spin out a debt platform to finance operating properties and construction loans. The latter is a big need in commercial real estate amid the pullback by traditional bank lenders.

“I am excited to launch Infinity Global, particularly at this time in the real estate cycle,” Burger said in a statement.

Before his departure in October, Burger had been with Silverstein since 2010 and served as CEO since 2012. He shared the job with Larry Silverstein, the firm’s founder and chairman, for a year before taking the helm alone.

Before Silverstein, Burger ran Valley Residential for four years and spent nine years as an executive at Related Companies. Earlier in his career he served as a vice president at Blackstone Group.

Larry Silverstein replaced Burger with his daughter Lisa Silverstein as CEO in October.