Our Team

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Peter Baytarian

MANAGING PARTNER

Peter Baytarian

Peter Baytarian is the Founder and Managing Partner of Forest Development, a multi-faceted team of real estate development professionals with decades of experience. Forest Development acquires and develops undervalued and primarily waterfront properties in or adjacent to growing cities in Florida. Investing in areas on the path of development empowers the team to create destinations and shape vibrant communities. The diversified investment strategy of the company includes adding value through strategic partnerships and opportunities with mixed-use, multifamily, luxury condominiums, hotels, retail, restaurants, and marinas.

Forest Development has various projects in process on both the east and west coasts of Florida. Nautilus 220, a luxury mixed-use development is currently underway with completion scheduled for early 2025 at 220 Lake Shore Drive in Lake Park, FL, and will include 330 condominium residences in two towers, restaurants, retail, and office alongside the Lake Park Harbor Marina. Additionally, Peter is the Founder and Managing Partner of two firms based in New York, NY focused on the renovation, ownership and management of high-end value-add properties including townhomes, condominiums, and commercial sites in Manhattan. Previously he was a developer and home builder in Cape Cod, MA completing more than 150 residences. Peter was born in Beirut, Lebanon, attended high school at The American School in London and studied economics at Boston University. He resides with his wife and two daughters in Palm Beach County. Peter serves as a member of the Executive Trustee Council for the Palm Beach North Chamber of Commerce.

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Justin Morrow

Chief Operating Officer

Justin Morrow

Justin Morrow is the Chief Operating Officer at Forest Development and has more than 20 years of experience in the real estate industry. Justin has a wealth of knowledge as an entrepreneurial real estate executive in investing, developing, and financing projects throughout Florida totaling over a billion dollars. He is originally from Wisconsin where he earned a Bachelor of Science in Hospitality and Tourism Management and a minor in Business with honors from the University of Wisconsin – Stout. Justin resides in South Florida with his wife and enjoys volunteering, travel, and golf.

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Andrew Karmeris, CPA, MBA

Chief Financial Officer

Andrew Karmeris, CPA, MBA

Andrew Karmeris, CPA, MBA, serves as Chief Financial Officer of Forest Development and brings more than 13 years of specialized experience in finance, capital planning, budgeting, and lending and financing initiatives. His background includes extensive work with Community Development Districts (CDDs) and other special taxing districts, where he has provided strategic financial leadership for large-scale, master-planned developments. Andrew is a Certified Public Accountant and holds an M.B.A. from Florida Atlantic University, as well as a B.B.A. degrees in Economics and International Business from the University of North Florida.

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Sam Bauer

Senior Vice President of Development

Sam Bauer

Sam Bauer is the Senior Vice President of Development for Forest Development and has over 40 years of experience in land acquisition, entitlement, plan development, and construction. Sam has managed the construction of over 1 million square feet of commercial and industrial space, and the construction and sales of over 8,000 SFH’s and DU’s. He has assembled, acquired, and developed single parcels as large as 285 acres on an individual project. Sam has owned and managed construction and development companies with a staff of 225, and held licenses including general contractor and consultant/advisor, as well as various certifications throughout the eastern United States.

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Farid Jazouli

Senior Vice President of Construction

Farid Jazouli

Farid Jazouli is the Senior Vice President of Construction for Forest Development and has over 40 years of global construction management and architecture experience throughout the United States, Middle East and Europe. His diverse sector involvement includes commercial, industrial, universities, residential – multi-family, condominium towers and single family homes, hospitals, research and technology, and hotels. Farid is highly skilled in design, development, construction, management, planning, site logistics and budgeting. He earned a Bachelor of Architecture degree from American University of Beirut and is an International Associate AIA.

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Stephen Burjan

Senior Construction Manager

GREGORY

Gregory Demetriades

Senior Vice President of Accounting

Mimi-Bauer

Mimi Bauer

Accounting Manager

Julia Andersen Forest Development 600x600

Julia Andersen

Finance Manager

HARSHITH

Harshith Pammi

Project Engineer

Girish-Chandra-Brahmanapally

Girish Chandra Brahmanapally

Project Engineer

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Felicia Pisacano

Land Acquisition & Entitlement Manager

Alyssa Kolb Forest Development 600x600

Alyssa Kolb

MARKETING & OPERATIONS MANAGER

Vera Saveljic Forest Development 600x600

Vera Saveljic

GUEST RELATIONS COORDINATOR

Alisa Farnsworth Forest Development 600x600

Alisa Farnsworth

SALES TRANSACTION MANAGER

Samantha-Siliato

Samantha Siliato

Buyer Relations Manager

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Carlos Quintero

Facility Management

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