Awards recognize business leaders who have made meaningful and lasting contributions to the New Jersey business community
Denholtz Properties announces that Steven Denholtz was honored as a finalist for the 2024 EY New Jersey Entrepreneur Of The Year® Awards at the New Jersey regional awards program held on June 10th at Liberty Science Center in Jersey City.
Founded in 1986, EY’s Entrepreneur Of The Year has celebrated more than 11,000 ambitious visionaries who are leading successful, dynamic businesses across the globe. The program highlights business leaders who display an extraordinary entrepreneurial spirit, ingenuity and courage.
Guided by his steadfast entrepreneurial spirit, Denholtz has worked tirelessly to grow Denholtz Properties into a robust organization focused on community-oriented investment. Over nearly four decades, Steven’s vision and leadership have powered the firm to become one of the nation’s premier asset managers with a portfolio spanning over 6.8M square feet and $2B in assets under management.
“While an entrepreneur’s success is often measured in dollars and cents, I am most proud of the investments in time, money, and expertise our team has made to generate positive outcomes in every community we serve,” said Denholtz. “I extend my heartfelt thanks to our team for their dedication to these ideals, and I eagerly anticipate our future successes together.”
Since assuming leadership of Denholtz Properties in 1983, Denholtz has been driven by a focus on real estate investment that accommodates the needs of every stakeholder involved. Denholtz’s holistic approach has ensured that Denholtz Properties’ long-term success is tied to positive societal impact.
In 2019, Denholtz directed the company’s move from Matawan, N.J., to Red Bank, N.J., signifying a bold new chapter for the firm and its commitment to investing in Red Bank’s West Side neighborhood. Beyond its newly renovated headquarters, Denholtz spearheaded the development of The Rail at Red Bank, an exciting mixed-use project that has welcomed new residents and businesses to the area. The firm has also made a number of strategic investments in ground-up and value-add investments across the Borough since its relocation. These changes have solidified the company’s presence in Red Bank and established it as a prominent player in the local community.
Together with President Steve Cassidy, Denholtz has also driven the firm’s expansion into new markets across the southeastern United States. Since 2020, the company has significantly increased its holdings in Orlando and Tampa, Fla., and has entered the Texas, Tennessee, North Carolina, and Georgia markets.
Throughout his career, Denholtz has consistently invested in talent and fostering a diverse and inclusive workplace. This approach has created an environment conducive to innovation, evidenced by an average employee tenure of 12 years. Many top executives began their careers at the company in entry-level roles.
In addition, Denholtz is a strong advocate for increasing the number of women in commercial real estate. Today, several women hold senior leadership positions at Denholtz Properties, and the company is dedicated to creating more opportunities for women in leadership roles.
Defined by his community focus, Denholtz has also instilled the importance of giving back to local non-profits throughout his company. Denholtz Properties is a major advocate of Lunch Break, a Red Bank organization providing food, clothing, and other services to those in need. Denholtz serves on the board of the Monmouth Conservation Foundation, and the Kislak School of Real Estate at Monmouth University, where he is an adjunct professor. His community involvement extends to the Meridian Health Affiliated Foundations, the New Jersey Economic Development Authority, and the Count Basie Center for the Arts.