Brand Story
18 Jan 2023, 06:59 GMT+10
New York City-based Vesper Holdings, an industry leader in student housing, wrapped up another milestone year in 2022 with over $2 billion in assets under management. Over the past year alone, Vesper's transaction volume totaled $970 million despite a challenging macro-economic environment that sharply curtailed transactions across all commercial real estate sectors.
"In 2022, Vesper Holdings continued to successfully execute its strategy of purchasing exceptional, well-located properties in strong markets that offer superior risk-adjusted investment returns" said Vesper's Co-CEO, Isaac Sitt. "Student housing is a sector of commercial real estate that continued to outperform in 2022 and is an optimal space for further expansion in the coming year" added Vesper's Co-CEO, Elliot Tamir. "We look forward to seizing the opportunities ahead of us in 2023 and continuing to deliver the outsized returns we have consistently achieved for our investors over the years."
Vesper Holdings reached various milestones in 2022 including:
About Vesper Holdings
Founded by Elliot J. Tamir and Isaac J. Sitt, Vesper Holdings is a privately held real estate investment firm based in New York City. The company's diverse portfolio includes student housing, retail, mixed use, office buildings, and parking structures. Vesper Holdings ranks as the sixth-largest student housing owner in the United States, with a portfolio of more than 24,000 student housing beds. For more information, visit https://www.vesperholdings.com.
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