Bio
Mr. Friedman is President and CEO of Abacus Capital Group, LLC and has overall responsibility for company strategy and is a member of the Investment Committee. Mr. Friedman’s role is to provide strategic direction to ACG’s Executive Team and provide support to ACG’s investor relations and portfolio management efforts. Mr. Friedman’s prior work experience as a principal with Greystar Real Estate Advisors and DRA Advisors, Inc. has shown a proven track record in building and executing institutional investment strategies and leading teams. Prior to forming Abacus, Mr. Friedman was President of Greystar Real Estate Advisors, LLC whereby he oversaw a $250 million separate account on behalf of a state pension fund. In less than one year, Mr. Friedman and his team (current senior management at ACG) acquired ten multifamily assets in New York and Florida, which greatly enhanced portfolio yields from 1.8% to 22.85%. In addition, the team revamped investor reporting, implemented a strategic debt program, streamlined the acquisition and asset management process and helped establish a captive property management platform to solely enhance the value of the investor’s holdings in New York City. While employed at Greystar Real Estate Advisors, LLC (“Greystar”), Mr. Friedman was primarily responsible for the stated account performance results, and the investment strategy pursued at Greystar was materially similar to that pursued by ACG. Additionally the performance show is net-of-fees. Prior to joining Greystar Real Estate Advisors, Mr. Friedman was a Managing Director and Principal of DRA Advisors, Inc., a New York based Pension Advisory firm from 1993-2001. While at DRA, Mr. Friedman created and built the multifamily business within the firm and acquired over $1 billion in real estate assets including 10,000 apartment homes. Mr. Friedman was also actively involved in the firm’s growth from 17 employees with $400 million under management to 51 employees, with $2.5 billion under management. Ben earned a Bachelor of Science Degree in Economics from the University of Pennsylvania/Wharton School and an MBA degree from Columbia Business School with honors.
Areas of Interest
- Deal Type
- Acquisition, Development, Ground Lease, Loan Purchase, Opportunity Zone, Partner Buyout, Pre-Development, Recapitalization, Refinance, Rehabilitation