About Us
The Altmark Group is a real estate development, investment, and management firm that owns and manages over 2 million square feet of commercial, residential, industrial, and retail space throughout the tri-state area. Our firm began investing in the Bronx in the late 70′s, and we have since expanded to other counties and states.
The Altmark Group focuses on opportunities where it can improve value through redevelopment, hands-on management, and financial restructuring. Through our subsidiaries and partners, our firm utilizes a vertically integrated approach to handle every phase of a project from start to finish.
Company
The Altmark Group and its subsidiaries specialize in real estate development, acquisitions, and management. Our firm applies a vertically integrated approach to achieve a competitive advantage. The Altmark Group specializes in value-add opportunities where it can deliver value through hands-on management, redevelopment, and financial restructuring.
The Altmark Group has experience in all aspects of real estate investment, development, and management including:
- Ground-up Development and Redevelopment
- Leasing, Marketing, and Sales
- Acquisitions
- Refinancing and Debt Restructuring
Investment Parameters
The Altmark Group is looking for opportunities that include the following criteria:
- $1m-50m in Deal Size
- Value-Add Opportunity
- Distressed Assets
- Sub and Non-Performing Loans
- Stalled Construction
We have the ability to close transactions quickly through our extensive network of banks, attorneys, and brokers.
Recent Transactions
Refinance of Bronx Property Triple Net Lease to NYC Board of Education
$10,000,000
Sale of Retail Property in Upper Saddle River, NJ
$4,000,000
Purchase of Former YMCA Building in Bronx
$6,650,000
Sale of Bronx Industrial Warehouse Property
$6,000,000
Purchase of a NPL secured by Downtown Brooklyn Retail
$1,300,000
Purchase of a NPL secured by Bronx Multi-Family
$1,000,000
Refinance of Newly Developed Bronx Apartment Building
$2,000,000
Purchase of Retail Development Site in Pelham Manor, NY
$2,000,000
The Altmark Group is a real estate development, investment, and management firm
Moshe Altmark has been in the real estate industry for over 30 years and has extensive experience in acquisitions, development, and property management. Moshe has overseen the development of over half a million square feet of real estate and over 500 multifamily units over the course of his career. As President and Founder of The Altmark Group, Moshe oversees new developments, acquisitions, and property management.
Adi Altmark has helped expand The Altmark Group’s platform into different counties and states. Adi spearheaded The Altmark Group’s investments into multifamily properties and helped reposition many of our properties to deliver greater value. At The Altmark Group, Adi handles acquisitions, property management, and distressed debt opportunities. Adi holds a B.S. from Syracuse University in Accounting and Finance.
Jack GingoldChief Operating Officer
With over fifteen years of real estate experience, Jack Gingold has developed considerable expertise in a variety of areas, having worked both as a sales and leasing commercial and industrial broker and as a property manager, where he has managed numerous office, retail, industrial and land projects in the Bronx, Westchester, upstate New York, Connecticut and New Jersey.
Ryan Gecelter Vice President
Ryan joined the Altmark Group with the purpose of optimizing asset management systems, sourcing acquisitions, and maintaining high occupancy in existing commercial and residential spaces. Ryan started his career in real estate as an acquisitions analyst for a real estate investment firm in Brooklyn where he worked on deals involving ground-up construction, building renovation, and value creation via stabilization. Ryan graduated from the University of Delaware with a B.S. in Finance.
Sigalit Altmark Somech Vice President
As the firm’s in-house counsel, Sigalit focuses on real estate and administrative law. Sigalit has experience in contract drafting and negotiation, landlord tenant law, construction law, and commercial property disputes. Sigalit handles complex real estate and business transactions including acquisitions and dispositions, leasing, and financing matters. Sigalit received her J.D. from Jacob D. Fuchsburg Touro Law Center and her B.A from The George Washington University. Sigalit is admitted to practice law in the State of New York.
Robert Schaufeld VP / General Counsel
Robert Schaufeld is general counsel to the Altmark Group. He has been an attorney for over 30 years, specializing in real estate and business transactions. He has extensive experience dealing with builders, developers and trade contractors.This position was the culmination of many years work in private practice representing small businesses and real estate developers.Previous to that, six years was spent as a litigator, and labor negotiator in a medium size law firm.
Careers
The Altmark Group is looking for motivated and entrepreneurial people to join our organization. At The Altmark Group, every employee has the opportunity to make important business decisions and help develop and manage dynamic communities.
For career opportunities, please send your resume and cover letter to lynda@altmarkgroup.com for more information.
