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Rosen Consulting Group was founded in 1990 by Dr. Kenneth T. Rosen. Today he and Arthur Margon are the partners and active managers of the firm consisting of 18 research professionals. Educational backgrounds include PhDs, MBAs, and graduate and undergraduate degrees in real estate, planning, finance, public policy, and economics. Professional backgrounds include urban planning, real estate investment management, transactions, valuation, portfolio analysis, strategic planning, investment banking, and university teaching.

Ken Rosen

Ken Rosen is Chairman of Rosen Consulting Group, a real estate market research firm, Chairman of the Fisher Center for Real Estate and Urban Economics and Professor Emeritus at the Haas School of Business at the University of California, Berkeley. Mr. Rosen is also a trustee of the Urban Land Institute and a member of the board of directors of several non-profit and for-profit entities that deal with real estate finance and development. He has authored over 100 articles and four books on real estate and real estate finance.

He was formerly the Chairman and founder of Rosen Real Estate Securities LLC (RRES), and Chairman, founder and portfolio manager of Lend Lease Rosen Securities, both REIT money management firms. Also, Ken served as the special real estate advisor to The Davos World Economic Forum, and from 1985-1990 he was Consultant/Managing Director of Salomon Brothersí Real Estate Research Department.

Dr. Rosen received his Ph.D. in Economics from the Massachusetts Institute of Technology, and a B.A. with highest honors from the University of Connecticut in 1970. He was a Professor of Economics at Princeton University.


Arthur Margon

Arthur Margon is a Partner at Rosen Consulting Group in charge of the firmís New York office, having joined the firm in November 1998. He was formerly a Principal at Rosen Real Estate Securities. Mr. Margon has more than two decades of experience in real estate consulting and market analysis, which included developing securitization models, restructuring bank loan portfolios, managing due diligence projects, and serving as an independent fiduciary in a major pension fund reorganization.

Prior to joining the firm, Mr. Margon was Director of the New York University Real Estate Institute, where he directed the real estate Masterís Degree program. As head of his own consulting company in the early 1990s, he advised corporations on location decisions, and individual investors on sales and leasing transactions. In the early 1980s, Mr. Margon was the Research Director and served as Senior Vice President at the Real Estate Board of New York.

Mr. Margon was a tenured faculty member at the City University of New York with a specialty in Urban History and Development. He has a Ph.D. from the University of Chicago, an M.A. from the University of California, Berkeley, and a B.A. from Brooklyn College. He has published numerous articles and reviews over the course of three decades, and is a frequent speaker at industry conferences.


Randall Sakamoto

Randall Sakamoto is Executive Vice President and Director of Research. He joined Rosen Consulting Group in 2006 and is based in Berkeley. Mr. Sakamoto is responsible for overseeing operations, including the delivery of strategic services to clients and business development. Mr. Sakamoto has more than a decade of experience in real estate research, consulting and strategic advisory. Prior to joining RCG, he was Assistant Director with Cushman & Wakefield and Research Manager at CoStar Group. Mr. Sakamoto received a dual B.A. in Economics and International Relations from Claremont McKenna College.


Andrea Lepcio

Andrea Lepcio, Principal, joined Rosen Consulting Group in 1997. She is based in New York and is responsible for business development and Eastern region client relations. Ms. Lepcio has 25 years of experience in real estate market analysis, underwriting and consulting. Prior to joining RCG, Ms. Lepcio was Vice President and Head of Market & Investor Research at Chase Manhattan Bank. Before that, she was a founding member of the Real Estate Research group at Salomon Brothers. Ms. Lepcio earned a B.A. from the College of the Atlantic and an M.B.A. from the University of California, Berkeley.