Jake Glatzer is a partner in Acier Holdings' and runs the acquisitions division. He is tasked with determining value through market analysis, analytics on market trends and ultimately is the one who concludes what the going rents should be for potential development projects. Additionally, Jake runs the property management division which he is tasked with ensuring that properties held by Acier Holdings and its affiliates are managed optimally. His tasks include Lease ups, Collections, Turnover, Maintenance and any removal of violations.
As the CEO of Acier Holdings' sister company, Platinum Commercial Real Estate Group, Jake runs a team of 8 brokers whom are currently working on and have executed in excess of $250 Million in transactions. Jake also ensures that the brokers are well trained and have the necessary knowledge of the real estate industry and the current market trends.
Prior to joining Acier Holdings, his background which encompasses all aspects of real estate and Construction/Management, he owned and ran a demolition company with 15 employees and oversaw the completion of several large projects including the interior demolition of the military hospital at “Fort Monmouth Military Base” interior demolition of 12 Hangars at the “Fort Dix Military Base”.
Jake has a real estate background going back to a young age helping his father with comps on 150 houses purchased annually. This early experience helped shape Jake with the importance of analysis and diligence. Just a sample of a few projects Jake acquired for Acier:
•907 East Jersey Street Elizabeth, NJ $11MM
•289-301 Washington Street Newark, NJ $10MM
•125 Broad Street Elizabeth, NJ $7MM