Stonehenge Announces Internal Reorganization: Ofer Yardeni Named Co-Chairman & CEO

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To effectively prepare for its anticipated growth, Stonehenge Partners announces internal reorganization, naming Ofer Yardeni CEO and recruits top real estate executive to its senior management team.

In an effort to effectively prepare for the anticipated growth of the company in the coming years, as well as to maximize operational efficiencies, Stonehenge Partners today announced an internal reorganization of its senior management team, naming former Managing Partner Ofer Yardeni Co-Chairman and Chief Executive Officer (CEO).

A Strategic Advisory Board will also be created and co-chaired by Mr. Yardeni and Joel Seiden, who both co-founded Stonehenge almost 20 years ago. The Board will assist Stonehenge in its strategic plan and will be charged with positioning the company for maximum growth potential. In addition to his responsibilities as Co-Chair of the Advisory Board, as CEO, Mr. Yardeni will be responsible for all day to day activities and operations of the business.

Stonehenge has also recruited real estate executive, Eyal Reggev, to join its senior management team to serve as a strategic advisor to the CEO. Prior to joining Stonehenge, Mr. Reggev served as CEO of the Habas Group, a 104-year old preeminent real estate corporation and development group with extensive business interests in Israel and Western Europe. Mr. Reggev, who holds an LLB from Tel Aviv University, has also worked as an attorney at one of Israel’s top law firms, Gornitzky & Co, where he led a number of large-scale real estate and corporate transactions.

''We are truly fortunate to have a real estate professional of Eyal's caliber on our team at this important junction in our growth,” said CEO Ofer Yardeni. “His internationally-recognized background in identifying and developing successful business opportunities makes him perfectly situated to become an important contributor to our goals. We have ambitious objectives for our company and we’re thrilled to begin the new year with this exciting and dynamic team.”

About Stonehenge Partners:

Stonehenge Partners is a fully integrated real estate company which was founded almost 20 years ago by Ofer Yardeni and Joel Seiden. The Company owns and manages a 27 building portfolio encompassing over 3,000 rental apartments and close to 800,000 square feet of retail, office and garage space. The Company is headquartered at 888 Seventh Avenue in Manhattan,


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