Philip J. McAndrews

Philip J. McAndrews serves as Senior Executive Vice President-Chief Strategy Officer of RXR Realty, LLC. Mr. McAndrews is recognized as transformational leader with extensive managerial and investment experience refining enterprise level global real estate investment strategies and pivoting large organizations poised for growth. He offers a unique contextual perspective on the nuances of international real estate capital deployment, investor relations and growth-oriented enterprise management.

At RXR Mr. McAndrews works closely with the firm’s partners developing and executing corporate strategic initiatives and expanding the investment management offerings for both our stakeholders and clients. He is charged with evolving and curating an expansive, dynamic platform of investment products tailored to a diverse array of international and domestic investor/client needs. Mr. McAndrews will navigate RXR’s expansion plans outside the New York region and will drive the platform’s growth in AUM. Mr. McAndrews’ industry leadership and top-down investment viewpoint provides an institutional grade mind set which helps shape and drive both the organizational and investment strategies, creating a line-of-sight path to highly competitive investment performance and purposeful growth. Mr. McAndrews is a member of the RXR Investment Committee.

Over the course of a 26-year career at TIAA (Nuveen) a $1.3 trillion financial service company headquartered in N.Y, Mr. McAndrews served in multiple leadership positions and guided the Global Real Estate platform through several meaningful pivot points. Most recently, as Global Real Estate Chief Investment Officer, he charted a new course in the pursuit of AUM growth through both organic and inorganic means.He drove the evolution of the business from a deal culture with a single client, TIAA, to a complex fund/client driven culture. During his tenure, the global real estate portfolio grew from $40 Billion to $90 billion. In 2013, this transformation was fully realized when TIAA acquired Henderson Global Investors’ $24 billion real estate business. All TIAA real estate investment functions reported to Mr. McAndrews as CIO-Global Real Estate. He was a member of TIAA’s Investment Committee with approval over real estate, alternative and fixed income investments.

Most recently, Mr. McAndrews was responsible for the build out of Aegon Asset Management USA’s real estate equity team. Aegon N.V. is a $380 billion Dutch life insurer and pension fund headquartered in the Netherlands. He launched a value-add workforce housing fund, an opportunity zone fund and positioned the legendary Transamerica Pyramid block for sale, its first change in ownership since 1969. He was a member of the Aegon Real Assets Investment Committee. He has a B.S. in Finance from the State University of New York and a J.D. from the University of Toledo, College of Law.