Vesper Holdings

Isaac J. Sitt

Co Founder, Co CEO

Isaac J Sitt co-founded Vesper Holdings in 2007 to focus on private equity real estate investment in both commercial and residential properties. He utilizes his keen understanding of retail and residential needs to develop some of the most sought after urban locations in the country

Prior to founding Vesper Holdings Mr. Sitt spent 14 years with Baby Togs Inc., a family business manufacturing and importing baby clothing. He began in a sales position and rose to become the company’s President and largest shareholder. Under his leadership, the company successfully completed a turn around and was restored to the position of industry leader. The company marketed to the largest and most successful retailers domestically and abroad. His keen understanding of retail trends and needs were a quintessential element of his and the company’s success

Throughout his time in the clothing industry, he invested, developed and managed retail and residential real estate. In partnership with Thor Equities (another family owned business); he built a powerful portfolio of key urban retail and residential real estate throughout the country. Major active investments included the Military Circle Mall in Norfolk Virginia and the Gallery at Fulton Street Mall which was sold in 2008 to Acadia Realty Trust.

In 2006 Mr. Sitt divested his interest in the apparel industry to focus his full energies on his passion for real estate and joined Thor Equities.

Isaac Sitt is a graduate of the NYU Stern School of Business and sits on the boards of several charitable institutions.

Elliot J. Tamir

Co Founder, Co CEO

Elliot J. Tamir co-founded Vesper Holdings in 2007 to focus on private equity real estate investment in both commercial and residential properties.   With almost 20 years in the real estate business including residential, commercial, development and parking, Mr. Tamir\'s invaluable experience serves Vesper well in its continued pursuit of opportunistic real estate investments nationwide.

In 2003 Mr. Tamirs previous company  The Tamir Group purchased three warehouse buildings in Williamsburg Brooklyn.  A team of architects, engineers, construction managers, design specialists and attorneys was assembled to create The Aria Condominiums, a unique AIA award winning development, consisting of 20 ultra luxury condominiums.  After successfully completing construction, Aria sold out in 2006 at 40% above projections.

In 1999 Mr. Tamir established The Tamir Group, a company that focused on the acquisition and repositioning of mixed use properties in Williamsburg, Brooklyn.  Mr. Tamir realized that people living in Manhattan were willing to relocate to Brooklyn for half the rent while being able to quickly commute to New York City and capitalized on the opportunity.

In 1989 Mr. Tamir established The Tamir Parking Corporation, a company that focused on the acquisitions and management of New York City parking garages both on a lease and fee position basis.  As President and CEO Mr. Tamir was involved in both building the portfolio as well as the day to day operations including customer relations and human resources.   Over time he established deep-rooted relationships with many New York City landlords and secured close relationships with local banks in a time when most could not secure financing, which paved the way for him to amass a portfolio of over 20 NYC locations.

Douglas Kligman

Chief Investment Officer

Douglas Kligman joined Vesper Holdings in January of 2010 as its Chief Investment Officer. Mr. Kligman oversees Vesper Holdings real estate investments and is responsible for the growth of the companys student housing portfolio.

Prior to joining Vesper Holdings, Mr. Kligman served as Director of Acquisitions at The Scion Group for nearly ten years. During his tenure at Scion, Mr. Kligman completed approximately $500 million in student housing transactions. His responsibilities included the development and implementation of Scions student housing investment strategy, deal sourcing and evaluation, and procurement of debt and equity capital. In addition, Mr. Kligman assisted various universities in land-banking strategic properties to facilitate future campus expansion.

Prior to joining Scion, Mr. Kligman was an attorney with the Detroit law firm of Jaffe, Raitt, Heuer & Weiss, P.C., where he represented clients ranging from entrepreneurial start-ups to major public companies. As an attorney, he concentrated on business transactions, including formation of new ventures, business finance, and real estate transactions.

Douglas Kligman holds a B.A. in Philosophy from the University of Michigan and a J.D. from the UCLA School of Law.

Brian Bobek

Director of Acquisitions

Brian Bobek joined Vesper Holdings in January of 2010. Mr Bobek is responsible for the execution of acquisition services for Vesper Holdings. This entails the evaluation and analysis of potential investments. Mr. Bobek supervises the process of acquisition from consideration and evaluation, through underwriting, contract negotiations and due diligence, to closing.

Mr. Bobek began his real estate career with Campus Advantage where he assisted with the evaluation and analysis of potential investments for its various clients. During his career at Campus Advantage, he evaluated over $3 billion in potential investments and provided market and investment analysis for 44 properties totaling over 24,000 beds. Mr. Bobek began his career managing multiple health care offices and has a strong background in underwriting from his previous financial experience that includes Soloman Smith Barney.

Brian Bobek holds a Bachelor of Arts Degree in Economics from the University of Texas at Austin.

Lauren Pomerantz

Senior Property Manager / Comptroller NY Operations

Lauren Pomerantz Joined Vesper Holdings in February of 2010 as Senior Property Manager and Comptroller. Ms. Pomerantz brings over 20 years of real estate property management and accounting experience to the company. Prior to joining Vesper, Ms. Pomerantz oversaw all aspects of the management and accounting for over 20 New York properties for Genlap Real Estate. She also led the construction team in the ground up development of two luxury condominium projects on Manhattan\'s Upper West Side.

Ms. Pomerantz currently oversees the day to day operations of Vespers New York Portfolio. Her talent for identifying operational issues coupled with her innate ability to solve them makes Lauren a valuable addition to our team.

Lauren Pomerantz Graduated From Hofstra University in 1986 with a BBA in Business Administration.