Phil Ramming recently joined Faris Lee Investments as Senior Managing Director of the National Anchored Retail Investment Group (NARIG). Mr. Ramming’s focus will be on creating new and expanding existing relationships with significant family offices, regional owner/operators, developers, and select private and institutional investors nationally.
With over 35+ years of institutional and entrepreneurial real estate transaction experience, Mr. Ramming has an extensive asset management background in dispositions, acquisitions, operational matters, planning and budgeting, investment finance and fund raising. Prior to Faris Lee, Mr. Ramming was a leader within the asset management team of Sabal Financial Group, LP, an affiliate of Oaktree Capital where they managed over $8.2 billion in assets on behalf of clients and investors. Ramming served as Retail Product Leader, Portfolio Manager, and development and was a member of the Investment Committee. Mr. Ramming was responsible for the investment performance of a portfolio of diverse assets with value of over $340 million and led the underwritings of diverse asset groups and portfolio acquisitions.
Additionally, Mr. Ramming was the lead negotiator and led the construction management process for tenants including TJ Maxx, Ross, Save-A-Lot, LA Fitness, ULTA, Five Below. As an owner/developer, Mr. Ramming directed over 2.2 million square feet of ground-up retail and industrial development. Further, Mr. Ramming spent seventeen years running a privately-held real estate development, management, and investment company, specialized in commercial properties throughout the western United States. Mr. Ramming has also served as Chief Operating Officer of a Netherlands based development company, Wattson Breevast, which developed ground-up commercial development projects specializing in retail and office.
Mr. Ramming has a MBA from Pepperdine University and a Bachelor of Arts in Economics and Sociology from UCLA. Married for 33 years, Phil and his wife have three sons. Phil’s lifelong hobby is sailing. In addition to many national competitions, Phil has campaigned one design boats in Europe, sailed dozens of offshore Mexico races and the Transpac five times.