Jacob Frydman

Jacob Frydman is a New York-based real estate developer investing in commercial real estate projects in the East Coast of the United States

Jacob Frydman (born September 5, 1957) is a New York-based real estate developer investing in commercial real estate projects in the East Coast of the United States.[1] His real estate investments in New York include the acquisition of the Global Crossing building from Goldman Sachs,[2][3] and purchase of 500 Tenth Avenue, which his partner Mitch Rutter, Frydman and two others redeveloped into the DHL Center in Manhattan.[4][1]

Contents

Early life and education

Frydman was born to a Jewish family, the son of Lea (née Fishman) and Michel Frydman.[5][6] His father owned a construction company in New Jersey.[7] He has a B.S. in Finance from Boston University and a J.D. from Case Western Reserve University School of Law.[8]

Jacob Frydman / Career

United Reality Advisors

Since 2011, Frydman has served as chairman and CEO of United Realty Advisors LP.[9] The Manhattan based company provides a full-service REIT platform, including direct investments in commercial property assets and strategic third-party advice.[10]Through affiliated entities, United Realty Advisors also sponsors public and private real estate investment products.[9]

United Realty Trust

Frydman is the former chairman and chief executive officer of United Realty Trust,[11] a small non-traded real estate investment trust (REIT). The firm invested in real properties, and joint ventures. In September 2015 Frydman announced the sale of the company to Sacramento-based First Capital.[12]

Cabot Lodge Securities

Frydman has been acting as chairman of the board of Cabot Lodge Securities since 2012. Headquartered in New York City, the company offers a full set of financial services and investment products, including equitiesfixed incomemutual fundsvariable annuities, and REITs. Its affiliates provide separately managed accounts, life, disability, mortgages, and wealth management services.[9]

Additional activities

In 2011 Frydman became a member of the board of directors of the Bardavon 1869 Opera House.[13]

In 2013, Frydman as the CEO of United Realty starts United Realty Students – a scholarship program awarding $100,000 to students who best answer the question “How Do I Invest In My Future?”[14][15]

References

  1. ^ “Jacob Frydman – Discusses Modern 1. Retail Real Estate Market”. finance.yahoo.com. Retrieved 2019-11-15.
  2. ^ Weiss, Lois (December 11, 2002). “Former crossing spot may get foodie studio”. NY Post. Retrieved December 11, 2002.
  3. ^ “Manhattan Partnerships Shopping Westside Telecom Building”. Institutional Investor. Retrieved August 10, 2004.
  4. ^ Liskovich, Max. “DHL Takes 250,000 SF on Manhattan’s West Side”. CoStar. Retrieved November 22, 2005.
  5. ^ Jewish Times: “Obituary: Mechel Frydman” by Melissa Gerr ‍‍April 30, 2015 – יא אייר תשעה
  6. ^ Baltimore Sun: “Lea Frydman” January 1, 2014
  7. ^ New York Daily News: “Boomer Barons New Names Muscle into Rarefied Air of City’s Noble Spires” by Peter Grant July 20, 1997
  8. ^ “Jacob Frydman”. Bloomberg. Retrieved August 7, 2017.
  9. Jump up to:a b c “Jacob Frydman – Professional Profile – LinkedIn”. LinkedIn. Retrieved 2019-11-15.
  10. ^ “United Realty Advisors”. urpa.com. Retrieved 2019-11-15.
  11. ^ Alec, Parower (July 19, 2012). “United Realty Follows Classic Mantra In Expansion”Real Estate Finance Intelligence. Archived from the original on 1 September 2012. Retrieved 4 September 2012.
  12. ^ Kalinoski, Gail. “First Capital Makes a United Play”. CP Executive.
  13. ^ “Bardavon brings in new board members”. Times Herald Record. Retrieved July 12,2011.
  14. ^ “Missouri S&T Scholarship System – United Realty Students Scholarship”mst.academicworks.com. Retrieved 2015-11-18.
  15. ^ “United Realty Launches Students Scholarship Program”The #CRE Post. Retrieved 2015-11-18.

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