/FLIERWIRE/-- Michael Simon, president of Simon Holdings, reports his
firm's continued growth in the marketplace. Founded by Simon in 1993, the privately-held commercial and
residential investment and management organization is well positioned to grow in the current market
cycle.
With capital to deploy, a proven track record and the in-house infrastructure necessary to ensure proper
oversight, Simon Holdings is targeting new investments in the $2-20 million range. To date, the firm as
acquired over 1,000 rental apartments and 1.5 million square feet of commercial property in central and
northern New Jersey, as well as eastern Pennsylvania.
"We are aggressively seeking to acquire new property and have the resources to close quickly," stated
Michael Simon. "One of the advantages of being an entrepreneurial, privately-held organization is that we
can capitalize on pportunities in a period of uncertainty like the one we are currently experiencing." In recent news, Michael Simon has announced that his father, veteran real estate investor, manager and
broker Stanley Simon, has joined the firm. Simon has spent 40 years in the real estate industry, most
recently as the head of Jacobsen, Goldfarb and Tanzman Company, which was subsequently acquired by
Newmark Knight Frank. Simon was responsible for many of New Jersey's most significant commercial
transactions and helped build Jacobsen, Goldfarb and Tanzman into one of the largest firms in the state.
He is recognized as one of the most accomplished real estate executives in the industry.
Additionally, Simon Holdings has recently relocated its corporate offices to 689 Valley Road in Gillette, N.J.
"I am thrilled to be joining Michael's growing operation and to share in the firm's continued success," stated Stanley Simon. "Having spent 40 years as a partner, manager and CEO, the opportunity to work
side-by-side with my son in this entrepreneurial environment is very exciting and rewarding for me
personally."
Founded in 1993, Simon Holdings, Inc. is a privately held real estate investment, development and
management company. Noted for its hands-on approach, the firm has achieved a successful track record
of targeting value-added office, industrial, multi-family, and specialty real estate investments for its
investors. Since its inception, Simon Holdings has purchased and developed over 1.5 million square feet of
industrial and commercial properties and over 1,000 apartment units throughout New Jersey and
Pennsylvania.
|
