Author Archives: The Alliven Group

The Alliven Group announces new hiring

LAKEWOOD, N.J. /ScoopCloud/ -- The Alliven Group, a leading New Jersey-based real estate firm, has hired Sheya Herzberg as a Senior Analyst. Mr. Herzberg will play a crucial role in assisting senior leadership in the oversight and management of the Alliven portfolio as well as the underwriting of new opportunities.

Prior to joining the Alliven Group, Sheya spent years as an analyst for a local real estate consulting and advisory firm, where he was directly involved in assessing and analyzing hundreds of deals in markets nationwide at the pre-acquisition stage of investment. His past experience involved reviewing and scrutinizing operating statements and confirming historical financial performance in order to model accurate proforma cash flows. He also performed market analysis via data and physical inspection, as well as conducting site visits to identify potential Capex requirements and help operators develop budgets and business plans.

"Sheya's extensive financial knowledge and modeling expertise really gives us an edge in reviewing the monthly and quarterly performance of the assets already in our portfolio as well as evaluating new deals in a very thorough way," said Yehuda Newman, Director of Acquisitions at the Alliven Group. "Especially in today's environment, we are super focused on ensuring that our oversight and diligence on each and every deal will be at the highest level, so that we can protect our interests to the greatest degree possible".

Mr. Herzberg takes a hands-on approach when reviewing the financial reports of each asset, ensuring the transparency of information and that expectations are being met.

"I'm excited to join such a sophisticated, growing company," said Mr. Herzberg. "I am looking forward to being able to work on such a diverse and complex portfolio of assets, and the opportunity to interact with a broad spectrum of partners and sponsors."

About The Alliven Group:

The Alliven Group is a private equity real estate firm headquartered in New Jersey with a diverse portfolio of income-producing properties including multifamily, hospitality, and healthcare facilities, as well as some carefully considered development assets. With over three decades of experience, we are known for our keen sense of market trends and timing. Our team successfully identifies opportunities and creates equity through diligent acquisitions, thoughtful development, attentive management, and targeted value-added capital improvements.

Learn more: https://alliven.com/

The Alliven Group, a leading New Jersey-based real estate firm, has hired Sheya Herzberg as a Senior Analyst. Mr. Herzberg will play a crucial role in assisting senior leadership in the oversight and management of the Alliven portfolio as well as the underwriting of new opportunities.

Related link: https://alliven.com/

The Alliven Group Moves into New, 59,000 sq ft. Headquarters

LAKEWOOD, N.J. /ScoopCloud/ -- After two years of building and development, The Alliven Group, a leading New Jersey-based real estate firm, has moved into a striking, $14-million office tower at the edge of Lakewood. Known as The Nexus, the four-story building is 100-percent leased and 50-percent owner-occupied. The Alliven Group occupies the top floor.

A coordinated effort between John Saracco Architects, Nexgen Builders, and Susan Strauss Design, The Nexus is sleek, light-filled, and spacious, and the first office property in Lakewood with an above-ground garage. Shades of grey Trespa panels on the façade create a modern, geometric look, while the interiors are elegant and minimalist, with dark tile flooring and continuous windows for natural light on every level.

With a high-performance VAV system and light-blocking windows, the building is energy efficient, and includes a comprehensive security system.

"Building our new headquarters was a real team effort, and we're thrilled with the results," said Rachel Lasry, COO of The Alliven Group. "The Nexus gives us a lot of space to expand and room for growth."

About The Alliven Group

The Alliven Group is a private equity real estate firm headquartered in New Jersey with a diverse portfolio of select income-producing properties including multifamily, healthcare facilities, and office buildings. With over three decades of experience, we are known for our keen sense of market trends and timing. Our team successfully identifies opportunities and creates equity through diligent acquisitions, thoughtful development, attentive management, and targeted value-added capital improvements.

Learn more: https://alliven.com/

After two years of building and development, The Alliven Group, a leading New Jersey-based real estate firm, has moved into a striking, $14-million office tower at the edge of Lakewood. Known as The Nexus, the four-story building is 100-percent leased and 50-percent owner-occupied. The Alliven Group occupies the top floor.

Related link: https://alliven.com/

The Alliven Group Names Ari Rosenblum as Vice President of Asset Management

LAKEWOOD, N.J. /ScoopCloud/ -- The Alliven Group, a leading New Jersey-based real estate firm, has named Ari Rosenblum Vice President of Asset Management. Mr. Rosenblum will play a crucial role in strategy execution for joint venture partners and The Alliven Group's investment portfolio of multifamily properties across the United States.

Prior to joining The Alliven Group, Mr. Rosenblum spent three years as Asset Manager at GMF Capital, a private equity and alternative investment platform and one of The Alliven Group's joint venture partners. There he successfully analyzed and projected the performance of GMF's multifamily, student housing and hospitality portfolios; created and implemented processes for tracking and reporting investment performance for stakeholders; and effectively scaled asset management and reporting operations to facilitate the company's growth from approximately 40 assets and $335 million AUM to more than 90 assets and $1 billion AUM.

Mr. Rosenblum was also a senior auditor at the financial services department at Ernst & Young, where his clients included Fortune 500 companies. There he learned different business processes from both an accounting and strategic standpoint, and he now applies that level of diligence and focus on the running of investments and joint ventures in real estate.

"After working with Ari at GMF Capital, we are excited to have him at The Alliven Group full time," said Mark Frankel, CEO of The Alliven Group. "His expertise, in-depth understanding of the real estate industry, and extensive knowledge of asset management will provide The Alliven Group's strong management team with additional insight and expertise. He is a great addition, and we look forward to his contributions."

Mr. Rosenblum takes a hands-on approach when reviewing the projected performance of each investment, ensuring the transparency of information and that expectations are being met.

"I'm excited to join such a sophisticated, growing company," said Mr. Rosenblum. "I am looking forward to building strong relationships with joint venture partners as we achieve the investment strategy goals of each asset."

About The Alliven Group

The Alliven Group is a private equity real estate firm headquartered in New Jersey with a diverse portfolio of select income-producing properties including multifamily, healthcare facilities, and office buildings. With over three decades of experience, we are known for our keen sense of market trends and timing. Our team successfully identifies opportunities and creates equity through diligent acquisitions, thoughtful development, attentive management, and targeted value-added capital improvements. Learn more: https://alliven.com/

The Alliven Group, a leading New Jersey-based real estate firm, has named Ari Rosenblum Vice President of Asset Management. Mr. Rosenblum will play a crucial role in strategy execution for joint venture partners and The Alliven Group's investment portfolio of multifamily properties across the United States.

Related link: https://alliven.com/

The Alliven Group Names Yehuda Newman as Vice President of Acquisitions

LAKEWOOD, N.J. /ScoopCloud/ -- The Alliven Group, a leading New Jersey-based real estate firm, has announced the arrival of Yehuda Newman as Vice President of Acquisitions. Mr. Newman will be focusing on all aspects of new transactions with Joint Venture partners, as well as growing an in-house multifamily platform to complement The Alliven Group's already robust portfolio of joint venture properties.

"Following an extensive search, we are excited to welcome such an experienced, capable, and passionate leader to our team," said Rachel Lasry, COO of The Alliven Group. "Yehuda's background in multifamily investments is a great fit with our focus on the multifamily market, which has been very successful for us."

Prior to joining The Alliven Group, Mr. Newman spent five years at The Lightstone Group, a New York City private equity firm. His responsibilities included sourcing and underwriting potential acquisition opportunities, particularly value-add multifamily and development sites. He worked closely with the executive team, performing market research of new target MSA's; developed investment recommendations; and managed the transaction due diligence and closing processes. Mr. Newman has been instrumental in closing multimillion-dollar deals across the country, including hotels, development sites, and multifamily assets.

When sourcing new deals and reviewing the projected performance of an investment, Mr. Newman always makes it a point to visit each location and learn about it from the ground up, working to build relationships with the people behind the deal. He brings that development philosophy to The Alliven Group, which has pursued opportunities across the country. "I like to get to know the place and meet the people there, because ultimately, it's not the numbers that make the deal happen, it's the people who do it," Mr. Newman said.

"This is an exciting opportunity to develop new relationships and explore new structures," Mr. Newman added. "I look forward to leveraging my experience to create value with The Alliven Group."

About The Alliven Group

The Alliven Group is a private equity real estate firm headquartered in New Jersey with a diverse portfolio of select income-producing properties including multifamily, healthcare facilities, and office buildings. With over three decades of experience, we are known for our keen sense of market trends and timing. Our team successfully identifies opportunities and creates equity through diligent acquisitions, thoughtful development, attentive management, and targeted value-added capital improvements. Learn more: https://alliven.com/

The Alliven Group, a leading New Jersey-based real estate firm, has announced the arrival of Yehuda Newman as Vice President of Acquisitions. Mr. Newman will be focusing on all aspects of new transactions with Joint Venture partners.

Related link: https://alliven.com/

The Alliven Group Announces Sell Out of Latest Development

LAKEWOOOD, N.J. /ScoopCloud/ -- The Alliven Group, a New Jersey-based real estate firm, has announced that Prospect Vines, the firm's latest development in Lakewood, has sold its final units for a total sell out of $65 million. With 159 townhouses spread across 12-plus acres, this is the sixth residential project in Lakewood completed by The Alliven Group since 2009.

Amboy Bank provided $39 million in construction financing for Prospect Pines over three phases. The thoughtfully designed development includes three parks, multiple playgrounds, and a 17,000 sq. ft clubhouse spread over three floors.

Each 2,600-square-foot residence features two floors, four or five bedrooms, a deck, backyard and basement, and is surrounded by lush landscaping. Residents enjoy long tree-lined streets and lots of green space.

"Prospect Vines is a wonderful addition to Lakewood, providing spacious, high-quality living space that meets the needs of Lakewood residents," said CEO Mark Frankel.

The Alliven Group currently has a variety of other residential development projects complexes across central New Jersey, New York, and Boston in various stages of development.

About The Alliven Group

The Alliven Group is a private equity real estate firm headquartered in New Jersey with a diverse portfolio of select income-producing properties including multifamily, healthcare facilities, and office buildings. With over three decades of experience, we are known for our keen sense of market trends and timing. Our team successfully identifies opportunities and creates equity through diligent acquisitions, thoughtful development, attentive management, and targeted value-added capital improvements.

Learn more about The Alliven Group at https://alliven.com/

The Alliven Group, a New Jersey-based real estate firm, has announced that Prospect Vines, the firm's latest development in Lakewood, has sold its final units for a total sell out of $65 million. With 159 townhouses spread across 12-plus acres, this is the sixth residential project in Lakewood completed by The Alliven Group since 2009.

Related link: https://alliven.com/