Jacob Abraham Frydman
- 1 Early Life
- 2 When Jacob is born?
- 3 Whats Jacob’s Education?
- 4 Whats Story Behind Career in Real Estate?
- 5 Career
- 6 What are the Companies he is or was associated with?
- 7 Personal Life
- 8 How Rich is Jacob Frydman will be in 2020?
- 9 Why he is Famous?
- 10 What are Notable transactions of Jacob Frydman’s career?
- 11 Is Jacob Frydman Married?
- 12 Does He have Children?
- 13 Does Jacob Dead or Alive?
- 14 References
Jacob Frydman is a New York-based real estate developer and investor who is investing in commercial real estate projects in the East Coast of the United States from the past 30 years and more. His popular real estate investments in New York are the acquisition of the Global Crossing building from Goldman Sachs, and acquisition of 500 Tenth Avenue, later on, he re-constructed them into the DHL Center in Manhattan.
When Jacob is born?
Jacob Frydman is born on 5 September 1957 in New York City, United States. He is raised and living in the same. Frydman was born to a Jewish family, the son of Lea (née Fishman) and Michel Frydman.
Whats Jacob’s Education?
He has a B.S.(Bachelor of Science) in Finance from Boston University and a J.D.(Juris Doctor) from Case Western Reserve University School of Law.
Whats Story Behind Career in Real Estate?
From an early age Jacob had an interest in construction as his father owned a construction company in New Jersey. The footprints and lessons of childhood made a pathway of realty for him at a younger age.
United Reality Advisors
Since 2011, Frydman has served as chairman and CEO of United Realty Advisors LP. The Manhattan-based company provides a full-service REIT platform, including direct investments in commercial property assets and strategic third-party advice. Through affiliated entities, United Realty Advisors also sponsors public and private real estate investment products.
United Realty Trust
Frydman is the former chairman and chief executive officer of United Realty Trust, a small non-traded real estate investment trust (REIT). The firm invested in real properties, and joint ventures. In September 2015 Frydman announced the sale of the company to Sacramento-based First Capital.
Cabot Lodge Securities
Frydman has been acting as chairman of the board of Cabot Lodge Securities since 2012. Headquartered in New York City, the company offers a full set of financial services and investment products, including equities, fixed income, mutual funds, variable annuities, and REITs. Its affiliates provide separately managed accounts, life, disability, mortgages, and wealth management services.
What are the Companies he is or was associated with?
Here is the list of Key Companies we have collected from various resources.
- United Realty Trust Inc
- Bardavon Opera House
- United Realty Advisors LP
- Lambdastar Infrastructure Partners LLC
- Hudson York Capital LLC
- Cabot Lodge Securities
- Starrett Corporation
- United Realty Students
How Rich is Jacob Frydman will be in 2020?
Information is approximately collected from various resources. Jacob will be worth $5 million to $10 million by the end of 2020. His estimated net worth in 2019 was $4 million to $5 million. Primary income source will be the same real estate developments and investments.
Why he is Famous?
Frydman has spent the majority of his career focused on great value-added investments based on his strengths in structuring, financing, developing, and executing highly complex real estate transactions. It is assumed Mr. Frydman has invested in or advised on more than $2 Billion of real estate transactions till the middle of 2019. Mr. Frydman has participated as a speaker and panelist at numerous industry seminars, where he speaks on matters relating to real estate investments, structuring, and development of real estate properties and more. He has been a guest lecturer on real estate finance at Columbia University, and in the Master’s Lecturer series sponsored by New York Law School. Jacob frequently appears on television programs including CNBC, Bloomberg TV, FOX News, and others to discuss trends in commercial real estate. All of the above with a million dollars successful business person make him a well known and famous personality.
What are Notable transactions of Jacob Frydman’s career?
The Notable deal of Jacob was Two Dag Hammarskjöld Plaza, which was an office condominium tower in midtown Manhattan, the old tower was used by foreign governments for their missions to the United Nations, and redeveloping the Aetna Building in lower Manhattan’s financial district. He acquired the unfinished Global Crossing New York headquarters from Goldman Sachs in mid-2000 and repositioned it as an office tower. He purchased the NBC News New York television studios from NBC’s parent, General Electric, and then entered into an agreement with Procter & Gamble, where he produced the long-running TV show “As the World Turns” from 1999 to 2010. Mr. Frydman acquired 500 Tenth Avenue in Manhattan which he successfully redeveloped into the DHL Center.
Is Jacob Frydman Married?
The answer is Yes, He is married twice. Elyse J. Frydman was his first wife who he married in 1984 later in 1997 they divorced. In 1998 Frydman married another woman Monica Libin, She is his preset wife.
Does He have Children?
The answer is Yes, He got two children from Elyse J. Frydman.
Does Jacob Dead or Alive?
As per our current Database, Jacob Frydman is still alive and 62 years old( Dated 31 March 2020)