“Michael Fried, founder & CEO of Phoenix Realty Group L.L.C., blogs on CPE’s From the Inside experts blog about what to expect from real estate private equity funds in 2014. Look for quarterly video commentaries from Fried and president Keith Rosenthal on From the Inside.”
Month: December 2013
Commercial Observer – May the (Work)Force Be With You: Phoenix Realty Group’s Keith Rosenthal
“Phoenix Realty Group, an owner and fund manager of multifamily properties across the city and country, has made Class B and C residential buildings its bread and butter over the past 15 years. And its New York-based management is eager to see how Mayor-elect Bill de Blasio approaches the housing of New Yorkers who are neither oligarchs nor impoverished.
“Work force housing sounds like a unique name,” said Keith Rosenthal, the co-founder (with J. Michael Fried) and president of PRG. “We’re even hesitant to use it. People hear it and think it’s a housing program. But most of the apartments in this country are geared toward middle-income renters.”…
This is an excerpt of the article, “May the (Work)Force Be With You: Phoenix Realty Group’s Keith Rosenthal” which appeared in the Commercial Observer on December 3, 2013.