RedSky Capital is a Brooklyn-based firm that owns, operates and develops real estate assets with a focus on value-add opportunities. RedSky strategically targets and invests in burgeoning markets and has established a Brooklyn portfolio in excess of $1.0 billion, making it one of the largest and most successful investors in the borough. RedSky offers its investors a multi-cycle platform built upon a long-term hold strategy that results in the creation of significant value and high compounded returns through optimizing use of existing space and expense reductions. RedSky prides itself on its in-depth ability to operate efficiently and develop real estate after the initial acquisition phase. RedSky expanded into the South Florida market in 2013 and has transacted on over $500.0 million to date in the Design District, Wynwood and West Palm Beach.
RedSky Capital was formed in 2006 and is led by Ben Bernstein and Ben Stokes. In 2012 RedSky formed a joint venture, RedSky/JZ, with JZ Capital Partners (JZCP) providing access to over $1.0 billion of permanent equity capital.
Industry
Real Estate, Architectural, Engineering, and Related Services, Services
HQ Location
3 Hope Street
Brooklyn, New York 11211, US
Keywords
Real Estate InvestmentAcquisitioProperty ManagementCommerical EquityBrooklyn Real EstateMarket TrendsLeasingMiami Real EstateDevelopmentNew Constructio