The DeMatteis Organization | Raymond Savino
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The DeMatteis Organization

Ray Savino

Raymond R. Savino

Chief Financial Officer Real Estate Development

Phone:
(516) 285-5500 ext. 253

Email:
rrs@dematteisorg.com

Raymond R. Savino is the Chief Financial Officer of Development for the DeMatteis Organization with responsibilities that include acquisition, financing and development of new projects as well as the refinancing of properties in the DeMatteis portfolio.  Interfacing with brokerage, banking, marketing, legal, design and construction professionals, Mr. Savino has been central to over 1.4 billion dollars of development financing.  Mr. Savino has also been instrumental with the formation of several Public-Private Partnership development initiatives for the organization.

Prior to joining the DeMatteis Organization, Mr. Savino has served as the Chief Financial Officer for the New York State Urban Development Corporation (currently the Empire State Development Corporation) where he led the issuance of over $2.7 billion of tax-exempt and taxable securities. Responsibilities includes oversight of the corporation’s capital and operating budgets, treasury operations, financial analysis of its economic development lending programs and its 32,000 unit multi-family mortgage portfolio. Mr. Savino also served as CFO of the Times Square Redevelopment Corporation and as a financial analyst for special housing in the New York City Mayor’s Office. Mr. Savino received an MBA in Finance from Baruch College, City University of New York and a BA in Economics from Fordham University. In addition to his responsibilities at DeMatteis, Mr. Savino is an adjunct faculty member of NYU – Polytechnic School of Engineering where he teaches “Infrastructure Finance”. Mr. Savino has been a featured speaker on topics in finance and economic development at Harvard’s Kennedy School, Columbia University and Baruch College.