ESSER PLACE PARTNERS
Old Vine Investment Group
Old Vine Investment Group is a private equity real estate firm established in 1988 by Mark Cytrynbaum and headquartered in Denver, Colorado. Its focus is the acquisition, repositioning and refinancing of under-performing commercial and residential properties, typically in a three to five-year time horizon. Old Vine likes to retain its turn-around properties in its portfolio for the long term and provides in-house asset and property management services. This focus ensures its equity partners and lenders that a principal is always overseeing the investment.
Old Vine’s affiliated group operates in over a dozen markets throughout the southwest, midwest and southeast with a portfolio approaching $1 billion in assets including over 4.5 million square feet of office, retail and industrial product, 500+ hotel rooms, 800 nursing home beds, and over 2,000 apartment units. The principals of Old Vine and its affiliates have over 70 years of combined experience in the acquisition and redevelopment of commercial property. See oldvine.net for more information.
Mark Cytrynbaum possesses both undergraduate and graduate degrees in accounting and tax from McGill University and the University of Illinois respectively. In 1986 Mark began his professional career as a CPA for Arthur Young & Company (predecessor of Ernst & Young). In 1987 Mark acquired his first property on Denver's "Vine Street", raising the equity through the refinancing of his car. In 1988, Mark left Arthur Young and co-founded the company that ultimately evolved to be Old Vine Property Group.
Ari Stutz possesses Bachelor of Science degrees in finance and real estate from Indiana University and studied international business at Maastricht University in the Netherlands. In 1999, Ari started his real estate career in commercial lending and held various positions at Merrill Lynch Capital, GE Capital and Heller Financial. Between the three institutions, Ari underwrote, portfolio managed and asset managed nearly $1.0 billion of real estate investments ranging from office, R&D/flex, industrial, retail, multi-family, senior living, condo conversions, golf courses to senior living properties.
Zing Development Strategies
Anne Rosen, principal and founder of Zing! Development Strategies has over 25 years experience in real estate and development including land development, commercial and mixed-use vertical development, leasing, construction management, property management, asset management and consulting. Rosen is best known for her work as Director of Real Estate of the Lowry Redevelopment Authority, where she provided leadership to a fast-paced real estate team, overseeing residential and commercial real estate planning, marketing, sales and development projects from 1996 to 2004.
Rosen established Zing! in 2004 which began as a consulting firm and has grown into a development firm. Rosen currently is currently partners with Old Vine in 200,000 square feet of commercial properties and with Prime West Companies in a new retail/mixed-use development in Northglenn, Colorado.
Please see zingdevelopment.com for more information.
