Connect with us

Hi, what are you looking for?

Jewish Business News

World News

Macquarie acquires interest in Stonehenge platform

Ofer Yardeni

 

Stonehenge NYC, which was founded and is led by Ofer Yardeni, announced that Macquarie Capital, the corporate advisory, capital markets and principal investing arm of Macquarie Group, has acquired an interest in its Manhattan-focused multi family real estate management platform.

Stonehenge is currently the asset manager, property manager and owner of approximately $3 billion in multifamily properties across a portfolio of 23 assets in Manhattan in partnership with several private and institutional investors.

Please help us out :
Will you offer us a hand? Every gift, regardless of size, fuels our future.
Your critical contribution enables us to maintain our independence from shareholders or wealthy owners, allowing us to keep up reporting without bias. It means we can continue to make Jewish Business News available to everyone.
You can support us for as little as $1 via PayPal at office@jewishbusinessnews.com.
Thank you.

Eric Wurtzebach, Senior Managing Director US at Macquarie Capital added: “We see Stonehenge NYC as a leader and an innovator in the Manhattan multi-family housing market, particularly in terms of quality assets and management expertise and are excited to strengthen our relationship with them via this investment.”“We are pleased to welcome Macquarie Capital as a strategic partner in what is an exciting development in the evolution of our business, ” said Ofer Yardeni, Chairman and CEO of Stonehenge NYC. “Macquarie Capital’s involvement with our platform will allow us to enhance Stonehenge’s visibility amongst institutional investors ensuring that our business continues its growth and strengthens its position in the Manhattan multifamily market.”

Chris Green, Global Head of Real Estate at Macquarie Capital added: “This investment is part of Macquarie Capital’s global strategy to partner with high-quality real estate managers, operators and developers to deliver ongoing growth in their businesses.

Newsletter



Advertisement

You May Also Like

World News

In the 15th Nov 2015 edition of Israel’s good news, the highlights include:   ·         A new Israeli treatment brings hope to relapsed leukemia...

Entertainment

The Movie The Professional is what made Natalie Portman a Lolita.

Travel

After two decades without a rating system in Israel, at the end of 2012 an international tender for hotel rating was published.  Invited to place bids...

VC, Investments

You may not become a millionaire, but there is a lot to learn from George Soros.