Stonehenge Partners is a New York based real estate company founded by Ofer Yardeni and Joel Seiden in the early 1990’s.
Stonehenge was initially formed to take advantage of the distressed New York City real estate market. In 1995, the Company began investing with Cadim, a division of the Caisse de dépôt et placement du Québec, today integrated in the activities of SITQ, a real estate subsidiary of the Caisse. Over the last 18 years, Stonehenge has continued to invest with Cadim and now Ivanhoe Cambridge Residential, along with establishing partnerships with other institutions such as SL Green Realty Corp. and Invesco Real Estate as well as private investors.
Today, Stonehenge acquires, redevelops, finances and manages commercial and residential real estate in New York City with a primary focus on the multifamily asset class.
Together with its institutional and private partners, Stonehenge owns and manages a portfolio consisting of 27 properties representing over 3,000 residential apartment units, retail, office, and garage space. The portfolio is valued at nearly $2.2 billion based on recent independent third party appraisals.
The Company is supported by a team that consists of over 55 professionals with expertise in acquisitions, development, financing, construction, leasing and property management. The Company is fully integrated between investment, asset and property management positioning Stonehenge as a unique player in the marketplace.