THE REALTY GIFT FUND TEAM
John “Jay” Grab
Chief Executive Officer
Jay Grab has 35 years of experience in commercial real estate as a broker, consultant and investor. He is a creative problem solver, with expertise in the 1031 Tax Deferred Exchange, bank REO’s, distressed assets, and complex transactions. In 1983, Jay co-founded Phase One Realty, now one of the premier boutique real estate brokerage and investment platforms in the southwest.
In 1997, Jay was the creative force behind American Foundation Realty (AFR), a start-up REIT focused on converting complex real estate assets into charitable gifts. In 1998 he was recipient of Trust and Estates “Epic Award for Philanthropy” for his groundbreaking design of a REIT structure that allows debt encumbered real estate to be converted to a charitable trust. Jay is a co-founder of Realty Gift Fund, an outgrowth of AFR.
A graduate of Northern Arizona University, Jay has transacted over $500 million in real estate for Phase One clients and partners, and has served on many non-profit boards in the Santa Fe area.
Chase V. Magnuson
Chief Financial Officer
Chase Magnuson is most noted as one of the top real estate gifting professionals in the nation. He is the founder of Real Estate for Charities, the co-author of The Secret Power Behind Real Estate Donations, and a past contributor to Forbes, the Wall Street Journal and the New York Times. Chase is also a well-known national speaker on the charitable giving of real estate, and a co-founder of Realty Gift Fund.
Chase has guided $10’s of millions of real estate into charitable gifts, built the real estate arm within the planned giving department of George Washington University, and lists numerous Fortune 500 companies as clients. A graduate of Ball State University, Chase has earned the rare designations of Certified Commercial Investment Manager, Certified International Property Specialist, Senior Real Estate Specialist, and is a member of the International Council of Shopping Centers.
Bruce A. Geiss
Chief Operating Officer
Bruce Geiss is a senior real estate executive with 35 years of experience as a broker, consultant, investor and turn-around specialist. His career of innovative leadership includes an extensive background in strategic planning, financial modeling, marketing and sales. Bruce has served as Qualifying Broker of Phase One Realty, Director of Real Estate for Glacier Club (a $350 million private land development), and lead consultant to Santa Fe Estates, one of the oldest land development entities in Santa Fe. Bruce was a co-founder of American Foundation Realty and is a co-founder of Realty Gift Fund.
Bruce is past Board Chair of the Santa Fe Prep School, and past Advisory Board Member of the Santa Fe Farmers Market Institute which built one of the largest indoor-outdoor markets in the country. A graduate of Northwestern University, Bruce was a founding member of the New Mexico Chapter of Lambda Alpha International (land economics) and was principle advisor to Santa Fe’s Affordable Housing Task Force.
Peter C. Kane
Chief Global Strategist
Peter C. Kane is a nationally respected turnaround specialist in real estate and related financial services, and widely recognized for his visionary approaches to complex operational, financial, structural, and managerial problems for clients in the real estate industry. He has successfully engineered the restructuring, value enhancement, and disposition of some of the largest impaired real estate portfolios in the United States, delivering over $7 billion of value for his clients.
In his long career, Peter has been invited into key roles for high net worth clients and major institutional investors, including the country’s largest insurance companies and banks, regulatory agencies, and Fortune 500 companies. His success in adding value to distressed portfolios has earned Peter recognition for his creative solutions and tenacious focus. Peter is the Founder and CEO of Kane Corporation and a founding member of Realty Gift Fund.
Peter is a graduate of the University of Oregon, a former U.S. Army Officer, a current member of the International Association of Insurance Receivers (IAIR), National Association of Insurance Commissioners (NAIC), National Association of Realtors (NAR), and California Association of Realtors (CAR). He is a past Trustee of the Robert Louis Stevenson School.