What Stonebridge Property Group does

Stonebridge Property Group is a private real estate investment firm headquartered in Brooklyn, NY, founded in 2018 by Eli Zakay and operated as Stonebridge Property Group LLC. The firm functions as a vehicle for high-net-worth individual investors and capital partners to directly own income-producing real estate — primarily student housing assets adjacent to large university campuses — without the burden of hands-on management. Its portfolio spans approximately 1,300 beds across properties in upstate New York, central North Carolina, Texas, and Florida, including named assets such as The Oasis (672 beds at Texas State University), Letterman Greensboro (576 beds at UNCG), The Venetian (384 beds in Tallahassee), Lakeside Commons at SUNY Oswego (320 beds), and the Binghamton University area portfolio (259 beds). The firm targets properties in the $2-$40 million range with stated return targets of 8% average cash-on-cash return and 12% levered IRR, and co-invests alongside its partners on every deal.

The business model centers on acquiring, repositioning, and operating student housing and select multifamily assets, with capital recycling demonstrated by the November 2022 divestiture of the Lehigh University portfolio. Distribution is direct and founder-led: a company website (stonebridgepropertygroup.com), personal phone and email channels (Eli Zakay, Morris Levy), a dedicated investor login portal, and light social media presence on Facebook and X. The firm also extends its offering into A-Class multifamily development in suburban commuter submarkets through an unnamed strategic development partner, broadening the platform beyond acquisition-driven value-add into ground-up development.

There is no proprietary technology platform disclosed; operations rely on traditional real estate underwriting, in-house due diligence, and a small team of 1-10 employees. The core go-to-market is sales-led, targeting investors seeking direct real estate ownership with principal alignment (founder co-investment on every deal). No institutional backing, venture capital, private equity investors, or parent company are indicated, and revenue, AUM, and investor count are not publicly disclosed.

Name

Stonebridge Property Group

Legal name

Stonebridge Property Group LLC

Website

https://stonebridgepropertygroup.com

Company type

Private

Founded year

2018

Operating status

Operating

Headcount range

1–10 employees

Short description

Stonebridge Property Group is a private Brooklyn-based real estate investment firm founded in 2018 that enables high-net-worth investors to directly own income-producing student housing and multifamily properties in the $2-$40 million range across the U.S.

Ownership category

akta.pro rank

Product category

Real Estate Investment

NAICS

Residential Property Managers (531311), Other Financial Vehicles (525990), Other Activities Related to Real Estate (531390)

SIC

Real Estate Dealers (For Their Own Account) (6532), Real Estate Agents & Managers (For Others) (6531)

akta.pro primary industry

Real Estate Portfolio & Fund Management (Institutional/REIT/PE) (BPAJAMAJ)

Keywords

• Real estate investment
• Student housing
• Multifamily development
• Income-producing properties
• Property portfolio management

Headquarters

HQ city

Brooklyn

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales

Revenue model

1. Real Estate Investment Returns: Stonebridge Property Group generates returns for investors through direct ownership of income-producing real estate assets. The firm focuses on assets generating in-place yields and consistent cash flow, with targets of 8% average cash on return and 12% levered IRR.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels5 records

Core offering

Stonebridge Property Group operates a real estate investment vehicle through which partners can directly own income-producing properties, with a focus on student housing and A-Class multifamily communities. It invests alongside partners in multi-million-dollar assets generating in-place yields and consistent cash flow, and provides professional property management without requiring investors to manage the assets themselves.

Product overview

Stonebridge Property Group operates as a unified real estate investment platform offering direct ownership of income-producing real estate to investors. The platform encompasses an investment vehicle for properties in the $2 to $40-million-dollar range with target returns of 8% average cash-on-cash return and 12% levered IRR, plus a development service through strategic partnership for A-Class multifamily communities. The portfolio currently includes seven student housing properties across Texas, New York, Florida, and North Carolina totaling over 2,900 beds, with completed dispositions including the Lehigh University portfolio.

Differentiator

Problem solved

Functional benefit

Products and services

• Stonebridge Property Group Investment Platform A real estate investment vehicle that enables investors to directly own income-producing properties, including student housing assets, while Stonebridge invests alongside partners and manages the properties. The offering focuses on assets in the $2 to $40 million range.
• The Oasis A 672-bed student housing property located at Texas State University and held as part of Stonebridge's real estate investment portfolio.
• Downtown Binghamton Portfolio A four-building, 150-bed student housing portfolio in Binghamton, New York, held as part of Stonebridge's real estate investment portfolio.
• Lakeside Commons Portfolio A 320-bed student housing portfolio adjacent to SUNY Oswego and held as part of Stonebridge's real estate investment portfolio.
• Binghamton University Student Housing Portfolio A 31-unit, 259-bed student housing portfolio near Binghamton University and held as part of Stonebridge's real estate investment portfolio.
• The Venetian Student Living Luxury Portfolio A 96-unit, 384-bed student housing complex in Tallahassee, Florida, held as part of Stonebridge's real estate investment portfolio.
• Letterman Greensboro Student Housing Complex Portfolio A 168-unit, 576-bed student housing complex in Greensboro, North Carolina, held as part of Stonebridge's real estate investment portfolio.
• A-Class Multifamily Residential Development Development of high-quality, well-designed, sustainable A-Class multifamily residential communities in suburban commuter submarkets through a strategic development partner.

Quantifiable outcome

• 8% Average Cash on Return
• +3 more outcomes

Named customers7 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

One partnership is on record.

• Strategic Development Partner (unnamed)coreStrategic or Co-development PartnerStonebridge Property Group works with a strategic development partner to develop high-quality, well-designed, and sustainable A-Class multifamily residential communities in suburban commuter submarkets. The specific name of this development partner is not disclosed in the available source material.

Scale indicators3 records

Recent moves5 records

Expansion highlights5 records

Direct peers

• The Scion Group: Scion is one of the largest privately held student housing owner-operators in the US, directly comparable to Stonebridge in business model (acquire, develop, and operate student housing alongside capital partners) and target asset class.
• Landmark Properties: Landmark is a vertically integrated student housing developer, owner, and operator with a national footprint. Highly comparable to Stonebridge's student housing focus and co-investment style with capital partners.
• Core Spaces: Core Spaces develops, owns, and operates purpose-built student housing and multifamily communities in college towns. Directly comparable on asset type, geography (Sun Belt college markets), and investment model.
• Campus Apartments: Campus Apartments is a student housing owner, developer, and manager serving 30+ university partners. Comparable to Stonebridge in asset class and partnership-driven investment approach with institutional and family-office capital.
• Cardinal Group Companies: Cardinal Group manages student housing and multifamily communities across the US, with investment management offerings. Comparable to Stonebridge's student housing operations and third-party capital partnership model.
• Pierce Education Properties: Pierce Education Properties acquires, develops, and manages student housing communities near major US universities. Comparable on asset class, deal size ($10M–$100M range), and partnership-based investment approach.

Broad incumbents

• American Campus Communities: The largest publicly traded student housing REIT, owning and managing ~160 properties with ~150,000 beds. Comparable on asset class and target market, though operating at materially greater scale and through a REIT structure.
• Greystar Real Estate Partners: Greystar is the largest multifamily and student housing operator globally, with an investment management arm. Comparable on asset class (multifamily/student) and capital-partner model, though operating at vastly greater scale.
• Harrison Street: Harrison Street is a real assets investment manager with significant student housing and education-related real estate exposure. Comparable on capital-pooling model and student housing focus, though at institutional scale.

Emerging players

• Dinerstein Companies: Dinerstein Companies develops and manages multifamily housing, including purpose-built student housing. Comparable on A-Class multifamily development strategy and suburban commuter submarket focus, an adjacent focus to Stonebridge's student housing core.

Market position

Strengths4 records

Weaknesses5 records

Competitive moat3 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/stonebridge-property-group-llc

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Stonebridge Property Group