Freshwater
- Company typePrivate
- Founded1994
- HeadquartersBrooklyn, United States
- Headcount51–100
- GTM typeB2B
- OfferingServices
Freshwater firmographics
Firmographics- Name
- Freshwater
- Legal name
- Freshwater Group LLC
- Website
- https://freshwatergroupllc.com
- Company type
- Private
- Founded year
- 1994
- Operating status
- Operating
- Headcount range
- 51–100 employees
- Ownership category
- akta.pro rank
Where Freshwater is headquartered
LocationHeadquarters
- HQ city
- Brooklyn
- HQ country
- United States
- HQ region
- North America
Offices3 records
Markets served
Freshwater business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure
Revenue model
- Property Rental Income: Revenue generated from leasing multifamily apartments and retail/commercial properties to tenants across their portfolio in New York, Florida, and Texas markets.
- Property Value Appreciation: Returns generated through property appreciation and capital gains from strategic acquisitions and hands-on asset management from acquisition through disposition.
Go-to-market motion2 records
Distribution channels3 records
Marketing channels4 records
Freshwater product offering
Product offeringCore offering
Freshwater Group is a private equity real estate investment firm that acquires, owns, and operates multifamily and retail properties across New York, Florida, and Texas markets. The firm invests as owner, investor, and operator from acquisition through disposition, and provides direct leasing of residential apartments and commercial space to tenants in those markets.
Product overview
Freshwater is a private equity real estate investment firm founded in 1994 by Alfred Sayegh, operating as a single unified real estate investment and management platform. The company offers multifamily and retail real estate investment across three major markets—Florida (Miami, Tampa, Orlando), Texas (Dallas, Austin, Houston), and New York (Brooklyn, Queens, Manhattan)—with hands-on ownership, investment, and operational management from acquisition through disposition. Their core products consist of multifamily property investment (including apartments in neighborhoods like Little Havana, Crown Heights, and Oak Lawn), retail real estate investment (shopping centers and retail plazas), and property leasing services. The company maintains dedicated state-specific leasing operations with online tenant portals for Florida, Texas, and New York markets.
Differentiator
Problem solved
Functional benefit
Products and services
- Multifamily Real Estate Investment Investment offering in residential multifamily properties across Florida, Texas, and New York markets, with Freshwater acting as owner, investor, and operator from acquisition through disposition. Designed for accredited investors and capital partners seeking exposure to urban multifamily assets.
- Retail Real Estate Investment Investment offering in retail properties including shopping centers, retail plazas, office buildings, and mixed-use developments in major metropolitan markets. Targeted at accredited investors and capital partners seeking returns from commercial real estate.
- Property Leasing Services Tenant leasing services for multifamily apartments and commercial/retail space across Florida, Texas, and New York properties, delivered through regional leasing portals and AppFolio tenant portals. Offered to prospective residential and commercial tenants.
Companies that use Freshwater
Customer profileSegments3 records
Ideal customer profiles3 records
Freshwater technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Freshwater partnerships and signals
Strategic signalScale indicators2 records
Recent moves6 records
Expansion highlights4 records
Freshwater competitors and assessment
Company assessmentBroad incumbents
- The Related Companies: Large diversified real estate development and investment firm with deep NYC multifamily footprint (including affordable housing) and broader national operations. Comparable as a major multifamily owner/operator in New York with significantly broader scale and capabilities.
Regional players
- GFP Real Estate: Long-standing New York-based privately-held real estate company with a diversified portfolio of office, retail, and multifamily properties in NYC. Comparable as a privately-held, NYC-anchored real estate owner-operator with similar local market focus.
Direct peers
- Veris Residential: Public multifamily REIT focused on Class A multifamily properties primarily in the Northeast (NJ/NY metro area). Comparable as a multifamily owner/operator with concentrated geographic overlap in the New York metro submarket.
- Fairstead: Privately-held real estate firm that owns, develops, and manages multifamily housing with a focus on underserved markets across the U.S. Comparable as an owner-operator of multifamily properties pursuing value-add repositioning.
- A&E Real Estate Holdings: Privately-held owner and operator of multifamily residential properties concentrated in the New York metro area. Closely comparable as a NYC-focused multifamily owner-operator with a hands-on management model.
- Independence Realty Trust: Public multifamily REIT focused on middle-market apartment communities primarily in the Southeast and Sunbelt. Comparable as a multifamily acquirer/operator with strong Sunbelt (FL, TX-adjacent) geographic overlap with Freshwater's portfolio.
- Waterton: Privately-held real estate investment and operating company focused on multifamily properties nationwide. Directly comparable as a vertically integrated owner/operator pursuing value-add strategies in residential real estate across multiple U.S. markets.
- BRT Apartments Corp. Public multifamily REIT that owns and operates multifamily properties, primarily in the Southeast and Sunbelt. Comparable as a multifamily-focused owner with Sunbelt geographic overlap and a value-oriented operating approach.
- Preferred Apartment Communities: Multifamily REIT focused on Class A and value-add apartment properties in select Sunbelt and coastal markets. Comparable as a multifamily-focused investor with similar market overlap and value-add operational strategy.
- Pretium Partners: Specialized investment firm focused on residential real estate, primarily single-family rental and multifamily assets. Comparable as a private equity-style acquirer and operator of residential housing with vertically integrated operations.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat3 records
Key risks5 records
Key highlights6 records
Customer concentration
Freshwater social profiles
Digital presenceFreshwater financial estimates
Financial estimateRevenue estimate
Valuation estimate
Freshwater leadership team
Management profileNumber of profiles
Profiles1 record
Freshwater funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Freshwater M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Freshwater
What does Freshwater do?
Freshwater Group is a private equity real estate investment firm that acquires, owns, and operates multifamily and retail properties across New York, Florida, and Texas markets. The firm invests as owner, investor, and operator from acquisition through disposition, and provides direct leasing of residential apartments and commercial space to tenants in those markets.
Is Freshwater a public or private company?
Freshwater is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Freshwater founded?
Freshwater was founded in 1994. It employs 51 to 100 people.
Where is Freshwater based?
Freshwater is headquartered in Brooklyn, United States, in the North America region.
How does Freshwater make money?
Two revenue lines are on record. Property Rental Income is the primary driver. The others are property Value Appreciation.
Who are Freshwater's main competitors?
The Related Companies is listed as a broad incumbent. GFP Real Estate is listed as a regional player. Direct peers are Veris Residential, Fairstead, A&E Real Estate Holdings, Independence Realty Trust, Waterton, BRT Apartments Corp., Preferred Apartment Communities and Pretium Partners.
Does Freshwater have an API?
No public API is recorded for Freshwater.