Stonehenge NYC Appoints Patrick Freydberg Senior Vice President, Acquisitions

Jan 13, 2016, 14:56 ET from Stonehenge NYC

NEW YORK, Jan. 13, 2016 /PRNewswire/ -- Stonehenge NYC, a leading real estate company in Manhattan, today announced that Patrick Freydberg has been appointed Senior Vice President, Acquisitions.

As a Senior Vice President, Acquisitions, Patrick's primary focus is to originate investment opportunities in multifamily assets primarily located in Manhattan.  Patrick's proven expertise in this field will allow Stonehenge to continue its growth as an important player in the market.

From 2004-2011, Patrick was the president and CEO of Northbrook Partners. At Northbrook, Patrick acquired and managed over $1 billion of New York City value-add multi-family investments with institutional investors such as BlackRock and RREEF.  Following his tenure at Northbrook, Patrick was the COO at Silver Bay Realty Trust Corporation, the first publically traded REIT focused exclusively on the acquisition, renovation, leasing and management of single-family properties. Prior to joining Stonehenge NYC, Patrick founded and served as the principal of Atlantic Urban, a real estate consulting firm focused on residential rental properties in New York City.

"We are thrilled to welcome Patrick to the Stonehenge team," said Ofer Yardeni, chairman and CEO of Stonehenge NYC. "His expertise in Manhattan resident real estate is second to none and we look forward to completing many accretive acquisitions under his leadership."

Patrick received a B.S. in Engineering and a M.B.A. in Finance from Cornell University. He is a member of the Real Estate Board of New York and National Mutlifamily Housing Council.

About Stonehenge NYC

Stonehenge NYC is a vertically integrated, private real estate company with expertise in investment management, property management, development, design, construction and leasing.  Stonehenge, together with its investment partners, owns a portfolio of properties in Manhattan valued at approximately $3 billion comprised of 23 income-producing properties with over 3,000 apartments representing over 3.5 million square feet of prime residential space.  Stonehenge is recognized for its above-and-beyond customer service platform and five-star lifestyle programming.  More information can be found at: www.stonehengenyc.com.

CONTACT
Abigail Rickards
Stonehenge NYC
646.878.2054
arickards@stonehengenyc.com

SOURCE Stonehenge NYC



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