Meet the Team

Our senior management team with EquityLine Services NY Corp and EquityLine NY General Partner LLC have decades of experience in real estate, mortgage financing, and land development. Our expertise represents the right mix of vision and discipline to oversee the successful business execution of EquityLine NY, LP. Here are our team leaders.

Vera Wurst is an accomplished executive with a diverse background in leadership and legal expertise. As the designated full-time Chief Executive Officer (CEO) of the General Partner, she brings a wealth of experience and a proven track record of success within the real estate investment industry. Ms. Wurst has been contracted as an advisor to the EquityLine Group of Companies since October 2022. Prior to her role with EquityLine NY, Ms. Wurst served as a consultant to the Association of Commercial Finance Attorneys, where she played a pivotal role in the development of legal materials for real estate investment and management. Her deep understanding of the industry and her ability to navigate complex legal landscapes have made her a trusted advisor in the field. With a strong foundation in education, Ms. Wurst has also contributed to the growth and development of numerous educational institutions. As a mentor and guide, she has provided valuable insights and support to professional degree candidates at esteemed universities such as Hofstra University, Adelphi University, SUNY Old Westbury, Long Island University, C.W. Post Campus, Dowling College, and Molloy College. Ms. Wurst’s academic achievements include a Master’s degree from CUNY (City University of NY).

Sergiy Shchavyelyev is a highly accomplished individual with a diverse background in the financial and real estate sectors. He serves as a director of the Company and holds ownership as well as being a beneficial owner of the general partner. In 2018, Mr. Shchavyelyev founded both EquityLine Mortgage Investment Corp. (“ELMIC”) and VeleV Capital. ELMIC is a publicly-traded corporation on the Jamaica Stock Exchange, listed under the symbol “ELMIC.” Additionally, he owns a family-operated real estate brokerage located in Toronto, Canada. In 2014, Sergiy founded EquityLine Financial Corp., a Canadian mortgage and brokerage company. He has been actively involved as a real estate broker and mortgage specialist since 2006. Over the course of his career, Sergiy has successfully completed real estate transactions amounting to more than $600 million. Currently, he manages a portfolio exceeding $80 million, which includes funds and development projects. His extensive experience in lending and finance within the real estate sector is evident through his successful track record of closing and redeveloping multi-million-dollar transactions. Sergiy Shchavyelyev’s educational background is notable. He holds a Financial Accounting certificate from Harvard Business School and a Master of Law Degree from Mechnikov National University in Odesa, Ukraine. Furthermore, he actively contributes to the industry as a member of the advisory committees of both PCMA Canada (Private Capital Markets Association of Canada) and CAMLA (Canadian Alternative Mortgage Lending Association). It is worth mentioning that Sergiy is a dual citizen of both Canada and the Republic of Ukraine, which further reflects his international perspective and experience.

Kishan Alexander currently holds his Property and Casualty license with World Insurance Associates (WIA) since 2017. While serving as CFO of the Company, Kishan will maintain his licensing and continuing education relationship with WIA. Mr. Alexander’s role with WIA has him supporting Pensio Global, a credit risk management company, specializing in providing proprietary rental income risk management products and guaranteed income solutions tailored for real estate developers and lenders in the US and Canada. In addition to his professional background, Kishan is also the co-founder of the CRE Connect Summit, an event that concentrates on the advancement of multi-family and affordable housing. He actively serves on the board of the Asian Real Estate Association of America (AREAA) and the Asian American Chamber in Washington, DC. Furthermore, he has obtained a Commercial Lines Coverage Specialist degree (CLCS) from the Hartford School of Insurance. In his capacity with the Company, Kishan will not only fulfill his CFO responsibilities but also prioritize risk mitigation efforts.

Zach Wagner is the Chief Investment Officer at Equityline NY, leading originations, loan servicing, and asset management. He joined StackSource as a Director in March 2020, with over three years of finance experience, including a prior role as an independent analyst for small organizations and opportunity funds. His expertise lies in debt and equity financing for commercial real estate, contributing to $1.2 billion in capital market transactions. Based in Dallas, TX, Wagner also owns an 8,000-acre upstream oil and gas operation in West Texas, demonstrating his entrepreneurial skills in the energy sector. This venture, supported by 15 full-time employees, showcases his commitment to the industry and includes a successful ESG initiative that focuses on reducing harmful emissions in upstream processes. Educationally, Wagner holds certificates as a Financial Modeling and Valuation Analyst and a Credit Analyst from the Wharton School of Business and the Corporate Financial Institute, underscoring his versatile expertise in finance and energy.

Sean McGinley is a licensed Real Estate Agent with over a decade of experience in luxury real estate sales and over $500M in total deal volume. Well-versed in providing pertinent market information and personalized marketing strategies, Sean’s passion for real estate and attention to detail keep him ahead of the curve when it comes to every aspect of a deal. Ranked in the top 1.5% of agents nationwide, Sean presently works for Compass Real Estate and has been employed at this firm for 5 years. His experience includes years of residential and commercial brokerage, consulting, and advisement. Whether he’s working with his vast network of family offices, international investors, life-long New Yorkers, or first-time homebuyers, Sean’s deep knowledge of the city’s landscape is unrivaled, positioning his clients for smooth and successful transactions. Sean received a Bachelor in Business Management and Entrepreneurship from Baruch College with a concentration in Real Estate, and he sits on the Executive Committee for NYRS (New York Residential Specialists).

CA Perera is a Managing Partner of CAP Global Properties (“CAP Global”). Mr. Perera has been employed by CAP Global for the last 10 years. He has experience in real estate acquisition, disposition and management. CAP Global transacts in residential and commercial properties across the U.S., including Florida, California, New Jersey, and New York. Prior to CAP Global, Mr. Perera was employed by Goldman Sachs in the real estate group where he played a pivotal role in sourcing and negotiating an off-market $300M industrial properties syndicated debt deal Prior to that he was employed by Kimco Realty, Blackstone, and JP Morgan Chase. He is an angel investor in several startups but serves no formal role as either officer or director in those enterprises. He received a bachelor’s degree from Columbia University.

Frank Costa brings 35 years of experience and currently leads the growth and profitability of World Insurance Associates, LLC as National Growth Leader. Frank joined World as Chief Operating Officer, employee #47. World has grown to over 2,800 employees in 260 offices across 38 States. Frank is responsible for maximizing new business development strategies, organic growth in Commercial and Personal Lines insurance and Benefits, client retention and programs. Frank led the Middle Market and Small Commercial Divisions at Frenkel & Company from 2008-2017 . He founded his own insurance agency in 1989 and successfully grew the firm from -0- to $1.2 million agency revenue before merging with CLG Insurance in 2001. Frank was the Sales Manager and lead producer at CLG Insurance 2001-2008 and mentored 8 producers driving 8% growth in new revenue annually. Frank earned his CIC designation in 2007 and his CRM designation in 2008. He is a frequent speaker on topics including: Risk Management Strategies, Contractual Risk Transfer, Construction Operations and Relationships, Emerging Risks, Cyber Liability and Controlling Worker’s Compensation Experience Rating. Frank developed the Coverage Assessment method of consulting to commercial insurance clients. Frank has served on the Board of Directors of several non-profit organizations including Grace Church and Gail’s Angel’s

This website is to be used for general information purposes only. The information in this site does not constitute an offer to sell or a solicitation to invest in EquityLine NY Limited Partnership.

Meet the Team

Vera Wurst

Sergiy Shchavyelyev

Kishan Alexander

Zach Wagner

Sean McGinley

CA Perera

Frank Costa

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