Profile
Few companies can match the 40-year history of Wasserman Real Estate Capital LLC. Known for its successful and innovative developments, the company, organized by Bernard Wasserman, David D. Wasserman and Richard N. Wasserman has, and continues, to acquire and develop a diversified portfolio of projects that are unique in scope, location and geography. Wasserman’s properties and developments span coast to coast; from Palm Beach to Pasadena and from the shores of New England to the North Sea of St Andrews, Scotland, to name a few.
Wasserman’s established "track record" is evidenced by a variety of real estate assets consisting primarily of mixed use developments, shopping center properties with national tenants, and multi-family developments. These properties, many in urban in-fill sites, meet the criteria of excellent location and tenant credit-worthiness. It is the firms’ goal with each and every project to create a strong economic foundation with consideration for responsible community development and commitment to public art and design.
Since 1999, the firm has acted in a fiduciary capacity for institutional capital investment partners. The Starwood Wasserman venture, for example, joined the Wasserman family integrity and development acumen with the financial strength of its principal investor, Starwood Capital, to ensure the continued satisfaction of investors, tenants and the communities in which they work.
Most recently, Wasserman joined forces with Vornado Realty Trust, a fully integrated real estate company and one of the largest REITs in the nation, owning and/or managing approximately 87 million square feet of real estate. Vornado owns and operates office, retail and showroom properties with large concentrations in the New York metropolitan area and in the Washington, D.C. and Northern Virginia area. The new fund, Wasserman Vornado Strategic Real Estate Fund, LLC, is acquiring and developing a diversified portfolio of unique properties.
Wasserman continues to aggressively explore new institutional ventures with its acquisition and development program. Furthermore, the firm continues to create and capitalize on "off-market" opportunities, brought to the principals because of the firm's "track record."