Lincoln Equities Group LLC (LEG) is
recognized as one of the region’s leading full-service
real estate companies. The company has built a sterling
reputation due to the quality of its professionals, its
ability to outperform in all market cycles and its
strong relationships with tenants and the real estate
trade. LEG owns, operates, develops and manages
commercial and residential properties throughout the
tri-state area for its own account as well as for
third-party owners.
Based in Rutherford, N.J., LEG currently
operates a commercial real estate portfolio comprising
more than 4 million square feet of Class A office and
commercial facilities located throughout the
metropolitan region. LEG, in partnership with
institutional and high net worth investors, has
completed over 25 acquisitions and dispositions totaling
$1.4 billion of deal volume in the United States and
Europe. LEG’s development team is involved in four
major redevelopment/land entitlement projects that will
have an ultimate build-out of 3,800 residential units,
450 hotel rooms, 500,000 square feet of retail space,
and 1,000,000 square feet of industrial space.
LEG, through its management arm Linque
Management Company Inc., has 20 years’ experience
managing and operating Class A office, industrial and
retail properties. Its current portfolio of 4.2 million
square feet is occupied by over 125 tenants in
nine facilities. In-house capabilities provide our
clients and partners with comprehensive and integrated
leasing, institutional financial reporting and
budgeting, property management and construction
management services. In the last five years, Linque’s
leasing team has completed nearly 150 leasing
transactions totaling over 1.8 million square feet of
space. In the same time period, Linque’s construction
team has completed 98 tenant installations and 27
building capital projects with a total value $60
million.
LEG has been investing in and asset
managing Berlin multifamily residential property since
mid-2005. In partnership with institutional capital, LEG
currently owns over 5,300 units in the greater Berlin
market, with a market value of $400 million.
Since 2000, LEG has
entered into joint ventures as an operating partner with
several prestigious institutional partners including:
Avenue Capital, Crow Holdings, Investcorp, Meritage
Properties, and Willett Companies. In addition, LEG has
handled third-party management and leasing assignments
on behalf of INVESCO, Loeb Partners Realty, Marnier
Financial, McMorgan & Company, Grosvenor Investment
Management and Wells Real Estate Investment Funds. The
firm's stellar track record in closing transactions has
enhanced its reputation among brokers and sellers in the
tri-state area and has enabled it to succeed in an
increasingly competitive market without compromising
superior investor and partner returns. The firm's
outlook for the future is one of continued growth at a
cautious pace with a willingness to adapt to market
changes, venture into new markets, and to acquire
different types of income producing properties. The
company's long-standing credo of "combining vision with
value" summarizes its recent successes and future
objectives and has enabled it to keep a "LEG" up on the
competition.
LEG believes that its experience,
valuable relationships and track record make it uniquely
positioned to take advantage of the distressed and
disjointed opportunities to be found in today’s
marketplace.
THE PRINCIPALS
Joel Bergstein President
of Lincoln Equities Group (LEG) has been with for the
organization for the past 24 years. He joined LEG as VP
of leasing. Since that time he has been directly
responsible for the leasing of over 2,500,000 square
feet of office space. Joel rose through the ranks of LEG
to become Executive VP in 1998 spearheading the
company's acquisition and development initiatives. He
led the company into its current operating partner
platform, partnering with domestic and international
opportunity and pension funds. In 2007 he assumed the
role of President of LEG. Most recently, he was
instrumental in the firm’s expansion into the German
residential real estate market with a several hundred
million dollar portfolio acquisition. Joel serves on
numerous real estate advisory boards and is a speaker
and frequent commentator in the real estate trade and
business media.
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David Weinstein is an
Executive Vice-President and Chief Financial Officer of
LEG. He has over 15 years experience in financial
management, investment analysis, valuation, acquisition
and financing of real estate investments. In his tenure
with LEG, Weinstein has been involved in over $1.2
billion of office, industrial and residential property
acquisitions and over $750 million of debt financing.
Weinstein is a key member of LEG’s management team and
is involved in all major financial, property management,
construction management and leasing decisions. He holds
a bachelor’s degree in accounting from Yeshiva
University and is a board certified CPA.
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KEY PERSONNEL
Robert
Schenkel AIA,
Senior Director of Development
rschenkel@lincolnequities.com
Robert Schenkel joined
the company in 2003 to fill a newly created position. A
Registered Architect (licensed in New York State with
National NCARB Certification) with a master’s degree in
business administration from the University of Michigan,
Schenkel has 23 years of varied experience in the real
estate industry. His expertise includes real estate
development, general contracting, architectural design,
design-build and facilities management. Prior to
joining Linque, Schenkel held senior positions with
Kajima Corporation, Sheldon H. Solow and American
Express.
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Sol Berger, CPA, Senior Director of
Operations
sberger@lincolnequities.com
Sol Berger joined LMC in
1998 as controller after three years at Deloitte and
Touche. He was promoted to his current position in 2002.
Berger oversees 4 million square feet of office, retail
and industrial real estate. He plays a key role in
acting as corporate liaison with LMC’s institutional
partners. Berger is a graduate of Yeshiva University and
is a CPA.
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Mark Lipner, CPA, Director of Acquisitions
mlipner@lincolnequities.co
Mark Lipner heads up the
acquisitions department for LEG. He has over 12 years
of industry experience practicing in the real estate
group of Deloitte and Touche LLP as well as working for
prominent New York City real estate owners. During his
time with LEG he has been involved in over $250 million
of real estate acquisitions. Lipner graduated from the
Sy Syms School of Business with a bachelor’s degree in
accounting and is a board certified CPA.
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Daniel S. Ackerman, Director of Leasing
dackerman@lincolnequities.com
Daniel Ackerman joined the Linque team on January 1st,
2008. Prior to joining Linque Management, Ackerman
worked six years at Mack-Cali Realty Corp. as senior
director of leasing, where he was responsible for over
six million square feet of commercial office properties
and land. He began his career with Cushman & Wakefield
in New York and has also worked as a general manager and
director of leasing with Winstar Communications.
Ackerman is a graduate of the University of Wisconsin at
Madison, where he earned a bachelor’s degree in
communications.
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Barry Mezei, CPA, Controller
bmezei@lincolnequities.com
Barry Mezei has been the
Corporate Controller for LMC since 2002. His career
spans 15 years with controllership experience in public
and family-owned companies up to $200 million including
the areas of budgeting and forecasting, cash management,
GAAP compliance, financial analysis and reporting,
auditing and due diligence. Mezei holds a bachelor’s
degree in accounting from Touro College, and is a board
certified CPA.
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Stephen Rabinowitz, Director of
Construction
srabinowitz@lincolnequities.com
Stephen Rabinowitz has
over 13 years of experience in both residential and
commercial construction. Rabinowitz received his
diploma in construction management from New York
University's School of Continuing Education in 1997.
Since joining the firm in 1999, he has overseen the
fit-up of over 2.5 million square feet of office space.
Rabinowitz is responsible for physical asset due
diligence for new acquisitions, estimating and budget
preparation for all capital projects, and and ensuring
that all tenant installations are delivered on time and
under budget.
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Aaron A.
Rosenfeld, CPA, Asset Manager
arosenfeld@lincolnequities.com
Aaron Rosenfeld joined
LEG in 2006 as an Asset Manager for LEG’s $400 million
real estate portfolio in Berlin, Germany. He is
responsible for the asset management of the current
portfolio and the acquisition analysis for potential
real estate acquisitions throughout Germany. Rosenfeld
began his career in 2001 at Deloitte & Touche and has
also worked for JH Cohn and Alvarez & Marsal. His prior
work includes real estate advisory and financial
analysis for the equity and debt of over $600 million in
real estate transactions throughout the USA. He has a
bachelor’s degree in accounting, a master’s degree in
Taxation from Seton Hall University, a master’s degree
in real estate finance from New York University and is a
CPA.
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