Our Strategy
JAC Partners focuses on existing multifamily communities that have stable operating metrics with strong current cash flow in solid secondary suburban markets. We invest in communities that typically attract renters by necessity and tend to be of the vintage that has been neglected and mismanaged.
We target markets primarily in the southeast that have stable and or improving economies and ideally in the path of new development. JAC Partners ensures there’s a clear and attainable strategy to enhance value through repositioning the asset through improving management and providing physical and cosmetic improvements.
JAC Partners has a disciplined investment approach that utilizes thorough due diligence with conservative underwriting that does not rely on market expansion. We enhance value organically by efficiently growing revenues and effectively managing expenses to generate a consistent attractive risk adjusted return.
Meet Our Team
Throughout our respective careers, JAC Partners’ team has collectively participated in billions of dollars worth of real estate investments, financing’s, acquisitions and management. We are a collaboration of highly skilled commercial real estate professionals with 75 years of combined experience. Our multi-disciplinary team works integrally with other investment groups to source, underwrite and structure investments in commercial real estate assets.
Jeffrey Carus
Managing Partner
Mr. Carus is the Managing Partner and Founder of JAC Partners. He is a member of the investment committee and is primarily responsible for the overall investment strategy, business development and capital formation. He oversees the company’s, operations, fund raising, investor relations and asset management.
Mr. Carus has over 20 years of experience in the real estate industry including business development, acquisitions, asset management, financing, investment banking and financial advisory. Previously, Mr. Carus held senior positions with Advalurem Group, Credit Suisse and CW Capital where he specialized in investor relations, asset management, fund raising, originating, underwriting and risk evaluation.
Mr. Carus is a graduate of New York University where he earned a Masters of Real Estate and Seton Hall University where he earned Bachelor of Business Administration in Accounting. He currently serves as the lead director on the board of a publicly listed Real Estate Investment Trust, UMH Properties, Inc. (NYSE: “UMH”), where he chairs the compensation committee and is a member of the audit committee.
Addy Sandler
Partner
Mr. Sandler is a Partner at JAC Partners. He currently oversees Operations and Marketing and is involved with fund raising and investor relations. He is also a member of the investment committee.
Mr. Sandler has over 15 years of experience in business development, marketing, and logistics . In addition to his duties with JAC Partners, he also is CEO of The Mako Group, a leading importer and distributor of sports and outdoor gear. Previously, Mr. Sandler founded and was CEO of Citadel Ventures, a firm that invested in single family real estate investments and oil prospecting. He was Vice Consul, Assistant Director of Security in the Consulate General of Israel & Mission to the UN in New York and a Special Agent with the Israeli Secret Service.
Mr. Sandler has a Bachelor degree in Computer Science as well as a Bachelor degree in Special Interdisciplinary Honors Curriculum from Hunter College, City University of New York. Mr. Sandler served in the Israeli Defense Forces (IDF)as an Intelligence Officer ( Lieutenant 1st class) in the Armed Corps. He is currently an independent consultant with the Gerson Lehrman Group (“GLG”).
Kenneth Weber
Advisor
Mr. Weber is a member of the investment committee at JAC Partners providing expertise in real estate credit evaluation and underwriting. Mr. Weber is a Managing Director at Greystone & Co. providing loan structuring and oversight of underwriting for credit committee.
Mr. Weber has over 15 years of experience in the real estate industry that includes asset management, credit/underwriting, loan structuring and workouts. He has held senior positions in the industry with Arbor Commerical Mortgage, RCG Longview, Gramercy Capital and Blackheath Financial.
Mr. Weber holds a Bachelor of Arts in Economics and Finance from the State University of New York at Albany and a Masters Degree in Real Estate from New York University.
Zev Klasewitz
Investment Committee
Mr. Klasewitz is a member of the investment committee at JAC Partners providing expertise in real estate acquisition, underwriting and capital markets.
Mr. Klasewitz has over 20 years of institutional investment experience in the real estate industry that includes development, acquisitions, underwriting, and debt and equity structuring. He has held senior positions at Lehman Brothers and AIG Global Real Estate Investment Corp. Over his career, he has originated over $3 billion of debt and equity investments.
Mr. Klasewitz holds a Master’s degree in Real Estate from New York University and a Bachelor’s degree in Business Administration and Finance from California State University, Fullerton.