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Eric Jafari

Managing Director - Development, SACO Apartments

Eric Jafari is the Managing Director - Development for SACO.  Prior to joining SACO, Eric Jafari was the co-founder/Managing Director for Union Hanover Securities and NoHo Hospitality Group in addition to the co-creating / founding the hospitality brands Urban Villa, HOAX Hostels, The Penny Brook and NoHo.

Eric has overseen the equity investment and development of over 65 projects across North America and Europe since 2005 ranging from hotels to hostels to student housing to residential projects.

Eric has been nominated as 2013 PROP’s Young Property Person of the Year, requested as a panellist/industry expert on BBC Business Daily and key note speaker/moderator/panellist for IMN’s 2011/2012/2013 European Real Estate Opportunity & Private Fund Investing Forum, the European Hotel Investment Conference, the Serviced Apartment Summit, China’s Ministry of Construction International Exhibition on Housing and the British Global Real Estate Institute (GRI).

Eric gained his business degree from California Polytechnic SLO with a double concentration in international management and marketing and currently resides in London, United Kingdom.