We are eager for Menash to put this experience to work in turning challenges into mutually beneficial solutions for us, our partners and investors, and our buyers and tenants.
Skokie, IL (PRWEB) May 05, 2016
Elmdale Partners is pleased to announce the addition of Menash Zadik as a partner to their leadership team. Menash joins them by way of Blackstone portfolio company Invitation Homes, where he was a Regional President, and Rising Realty, one of Chicago’s top full-service brokerage companies, which he owned for 15 years.
In his role with Elmdale, Menash will contribute to a wide-ranging effort involving existing operations, acquisitions, underwriting, raising equity and property management. Menash’s experience will be invaluable to us. Between 2012 and 2015, his team at Invitation Homes was responsible for purchasing, rehabbing, leasing and managing over 4,000 properties, with portfolio value over $800M. In the face of the 2008 financial crisis, Menash successfully reoriented Rising Realty, formerly a traditional brokerage, to become the largest REO firm in Illinois.
According to Elmdale's co-founder Tom Bretz, “Menash is an ideal Principal because of his versatility and core leadership abilities…We are eager for Menash to put this experience to work in turning challenges into mutually beneficial solutions for us, our partners and investors, and our buyers and tenants.”
Elmdale Partners is a real estate investment company with expertise in residential and commercial real estate. Elmdale is the cornerstone of a multi-faceted real estate platform that includes investments, brokerage, property management, commercial financing and development.