TF Cornerstone Analysis
What is TF Cornerstone?
Product Features & Capabilities
- Luxury apartments in Manhattan, Brooklyn, and Long Island City
- Retail spaces in high-density locations
- Office spaces with various amenities
Investment Focus
TF Cornerstone's primary investment focus includes a diverse range of strategies such as public-private partnerships, land assemblage, residential, commercial, and mixed-use developments, as well as adaptive reuse projects and the repositioning of office and retail properties. Their investment strategy emphasizes long-term multi-generational ownership, visionary planning, and intensive asset management, aiming for long-term value creation through the acquisition, repositioning, and development of transformational real estate projects. They are involved in both residential and commercial sectors, indicating a comprehensive approach to real estate investment.
Assets Under Management
$8 billion
Investment Geography
TF Cornerstone primarily invests in geographical regions including New York City, Washington, D.C., Boston, Atlanta, Dallas, and other major areas across the nation.
Key Portfolio Companies
- 230 Park Ave South, Flatiron, New York, NY - A notable office building in the Flatiron district.
- 387 Park Ave South, NOMAD, New York, NY - Significant office space located in the NOMAD area.
- Carnegie Hall Tower, Plaza District, New York, NY - An architecturally-renowned building.
- 1620 Eye Street N.W., Golden Triangle, Washington, D.C. - A prominent office location in D.C.
- 1101 Fifteenth Street N.W., Midtown, Washington, D.C. - A key office building in the Midtown area.
- 1156 Fifteenth Street N.W., Midtown, Washington, D.C. - Another important office space in Midtown.
- The Gallup Building, Penn Quarter, Washington, D.C. - A notable office building in the Penn Quarter.
- 2121 K Street N.W., Golden Triangle, Washington, D.C. - A significant office property in the Golden Triangle.
- 1090 Vermont Avenue N.W., Midtown, Washington, D.C. - An additional office space in Midtown.
- The Commons at Reston Station, Reston, VA - A key office property located in Reston.
Notable Exits
Recent Fundraising
Management Team
The management team of TF Cornerstone includes the following individuals:
- **Jake Elghanayan** - Senior Vice President
- **Lisa Wahl** - Vice President, Human Resources
- **Judith L** - Compliance Manager
- **Andrew Gerstein** - Executive Vice President, Treasurer
- **Margaret Allen-Nieves** - Vice President Residential Leasing
- **Henry Lo** - Chief Technology Officer
- **Ken Houle** - Vice President
