Brand Story
18 Jan 2023, 02:29 GMT+10
New York City-based Vesper Holdings, an industry leader in student housing, wrapped up another milestone year in 2022 with over $2 billion in assets under management. Over the past year alone, Vesper's transaction volume totaled $970 million despite a challenging macro-economic environment that sharply curtailed transactions across all commercial real estate sectors.
"In 2022, Vesper Holdings continued to successfully execute its strategy of purchasing exceptional, well-located properties in strong markets that offer superior risk-adjusted investment returns" said Vesper's Co-CEO, Isaac Sitt. "Student housing is a sector of commercial real estate that continued to outperform in 2022 and is an optimal space for further expansion in the coming year" added Vesper's Co-CEO, Elliot Tamir. "We look forward to seizing the opportunities ahead of us in 2023 and continuing to deliver the outsized returns we have consistently achieved for our investors over the years."
Vesper Holdings reached various milestones in 2022 including:
About Vesper Holdings
Founded by Elliot J. Tamir and Isaac J. Sitt, Vesper Holdings is a privately held real estate investment firm based in New York City. The company's diverse portfolio includes student housing, retail, mixed use, office buildings, and parking structures. Vesper Holdings ranks as the sixth-largest student housing owner in the United States, with a portfolio of more than 24,000 student housing beds. For more information, visit https://www.vesperholdings.com.
Media Contact [email protected]
Get a daily dose of London Mercury news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to London Mercury.
More InformationNo, David Suzuki hasn't given up on the climate fight but his battle plan is changing
Test torment over for Wales with Brave Blossoms win
AT&T contributes $200,000 to support communities affected by Texas floods
TRULEO releases AI-powered witness capability for law enforcement
Streamlight introduces Protac HP-X USB and Prrotac HP-X
WASHINGTON, D.C.: Filmmaker Peter Jackson's lifelong fascination with the extinct giant New Zealand flightless bird called the moa...
NEW DELHI, India: India has submitted a revised proposal to the World Trade Organization (WTO) in Geneva to implement retaliatory tariffs...
SAN FRANCISCO, California: Nvidia, the Silicon Valley chipmaker at the heart of the artificial intelligence boom, this week briefly...
REDMOND, Washington: Artificial intelligence is transforming Microsoft's bottom line. The company saved over US$500 million last year...
WASHINGTON, D.C.: A federal rule designed to make it easier for Americans to cancel subscriptions has been blocked by a U.S. appeals...
BASTROP, Texas: In a surprising turn at Elon Musk's X platform, CEO Linda Yaccarino announced she is stepping down, just months after...