Matawan, NJ (August 20, 2015) – Denholtz Associates, a privately held, fully integrated real estate development, investment and management company, announced the hiring of James Patrick (JP) Josephson as the Director of Florida Acquisitions. Josephson will oversee the selection and acquisition of properties in his native Florida, focusing on multi-tenant office and industrial buildings primarily in Broward and Palm Beach Counties.
Josephson has more than 17 years of experience in a wide variety of real estate capacities and was most recently a partner at JBK Capital. Prior to that he served as Senior Vice President of Montecito Property Company where he was directly involved in $1.5 billion of principal investment acquisitions totaling over seven million square feet. In addition to his experience with acquisitions, Josephson has extensive experience dealing with debt. He has successfully negotiated the modification of over $300 million of defaulted debt for clients, has managed loan pools totaling over $2.5 billion, and has been involved in over $5 billion of CMBS securitizations throughout his career.
“JP is a respected real estate professional with the type of credibility and network that can increase our already long-standing roots in the Florida market,” said Stephen Cassidy, President of Denholtz Associates. “We are going to rely on JP’s extensive knowledge of our target markets and asset classes as we expand the footprint of our Florida portfolio.”
Josephson holds a B.S. from Washington and Lee University.
About Denholtz Associates
Denholtz Associates is a privately held, fully integrated real estate development, investment and management company with more than 60 years of commercial real estate experience. Denholtz Associates actively targets multi-tenant office and industrial properties in select markets to diversify risk and provide maximum returns for its capital partners. Utilizing its substantial in-house operational capabilities and extensive knowledge of targeted locations, Denholtz capitalizes on unique opportunities in the marketplace. Additional information for Denholtz Associates is available online at http://www.denholtzassociates.com
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Nick LaPlaca
R&J Public Relations
908-722-5757
nlaplaca@randjpr.com