Taconic Partners, a vertically integrated real estate development firm based in New York, welcomed Sheldon Pariser as executive vice president to lead the firm’s expansion into acquiring multifamily rental opportunities throughout the Southeast and Texas. This new initiative builds on Taconic’s proven track record in New York and the Tri-State Area, where the firm has successfully developed or repositioned more than 7,300 residences. Taconic will platform this expansion with its proven approach to delivering exceptional resident and community experiences across asset types while also driving successful outcomes for partners and investors.
Pariser brings diversified experience and a long track record in the Sun Belt, most recently as a principal at Prospect Ridge. Over his 10 years there, he oversaw acquisitions and asset management across a range of property types and equity strategies, including core plus, value-add and opportunistic investments. Prior to Prospect Ridge, Pariser served in the real estate CMBS group at Cantor Fitzgerald.
“Taconic’s track record in the residential and multifamily sector puts the firm in an advantageous position to deliver on long-term, sustained rental demand across the Sun Belt,” said Colleen Wenke, president and COO, Taconic Partners.
Taconic’s diversified residential portfolio includes the Miramar, a new development in Upper Manhattan delivering more than 700 units, 85,000 square feet of amenities, and a permanent home for The People’s Theater. This year, Taconic and National Real Estate Advisors achieved full lease-up in just over 10 months at The Ellery, a 330-unit, art- and amenity-forward building that has spearheaded Times Square’s evolution to an in-demand residential hub. Additionally, Taconic oversees a stabilized, fully leased rental portfolio across New York, including 525 West 52nd Street, The Rollins, The Essex,and The Artisan, among others.
