ORIGINATOR PROFILE

Slate Property Group

Slate Property Group is a vertically integrated, owner, operator and developer of commercial real estate in the New York metropolitan area. Slate employs 120 full-time employees and has purchased $4 billion in real estate across 50 investments since its founding in 2014. Its subsidiaries include a construction arm which is spearheading the construction of 800k SF and 850 units, and an affordable housing subsidiary, with expertise in utilizing Low Income Housing Tax Credits, tax-exempt bond financing, and relationships at the New York State housing agencies. The firm was founded by Martin Nussbaum and David Schwartz.

Management

David Schwartz – Principal

David Schwartz is a co-founding Principal of Slate Property Group. David currently runs all development and construction projects for Slate. He also shares responsibility for all acquisitions and investment decisions and leads Slate’s impact investing with a focus on affordable housing for individuals and families experiencing homelessness. Prior to Slate, David co-founded two New York City based development firms. He was responsible for the development of over 1,000 units throughout New York City representing over 750,000 square feet. Prior to founding his own development firms, David worked for Crescent Heights of America where he was involved in over $500M in ground up residential developments representing over 1,000 units. Throughout David’s career he has been involved in the development of almost $5 billion in real estate. Prior to Crescent Heights of America, David worked at Lux Capital and J.P. Morgan.

Martin Nussbaum – Principal

Martin Nussbaum is a co-founding Principal of Slate Property Group. Martin has over 20 years of real estate investment, development and operational experience throughout the United States. He oversees the strategic vision behind the company’s multiple business platforms, investment decisions, capital market relationships and execution of its portfolio. Throughout his career, he has acquired over $8 billion worth of real estate in all asset classes. Prior to Slate, Martin was the co-founder and managing partner of Silverstone Property Group, a full-service real estate owner and operator that purchased over $1 billion of New York real estate assets. Prior to Silverstone, Martin worked for a family office overseeing a portfolio of over 5,000 apartments and three million square feet of commercial property throughout the New York tri-state area. He started his real estate career at Wells Hill Partners, a real estate investment bank based in New York.