George M. Stone is the Chief Executive Officer of Kalyx Development Inc. He brings to Kalyx more than 30 years of real estate industry experience. Most recently, George was a founding and managing principal of SKL Partners, a real estate and restaurant management company that owns and/or operates retail, restaurant, office and hotel properties. Prior to SKL Partners, Mr. Stone owned and operated Julia B. Fee Real Estate, a residential brokerage firm in Westchester County, NY where he tripled the firm’s revenue and then sold the company to Sotheby’s International Realty.
From 1997 to 2002, Mr. Stone was a Founding Partner and interim Chief Financial Officer of The Witkoff Group, a full-service real estate investment firm. During Mr. Stone’s tenure, The Witkoff Group purchased and subsequently managed a $2.5 billion dollar global real estate portfolio consisting of more than 15 million square feet of office property. In addition to office properties, the company had interests in hotels, retail properties and more than 4,000 apartments. Prior to serving as CFO, Mr. Stone oversaw acquisitions, financing, leasing and asset management for the firm.
From 1993 to 1997, Mr. Stone was a Managing Director at J-A-G Capital, a predecessor company to The Witkoff Group. From 1990 to 1993, he was a vice president in the restructuring area of FGH Realty Credit Corporation. From 1984 to 1990, Mr. Stone was a partner at SOLICO, a privately held residential and hotel developer.
Mr. Stone holds an M.B.A. in Finance from the Stern School of Business Administration, New York University and graduated from the University of Michigan with Honors in 1984. Mr. Stone was a lecturer and teaching assistant in Real Estate Finance at the Stern School of Business Administration, New York University, from 1991-1997.